For borrowed TCT/CCT for HQP-HLF-699 outsourcing of foreclosure (V01, 02/2020)

DEED OF UNDERTAKING

KNOW ALL MEN BY THESE PRESENTS:

That this Deed of Undertaking made and executed by:

CASES COLLECTION MANAGEMENT, INC. , a

corporation duly organized and existing under and by
virtue of the Philippine laws, with principal office at 10 th
Floor, Rufino Pacific Tower, 6784 Ayala Avenue cor.
Rufino Street, Legaspi Village, Makati City, represented in
this act by its President, PAULINO E. CASES JR.,
hereinafter referred to as the “COLLECTION AGENCY”.

- in favor of-

The Pag-IBIG FUND, a government financial institution

organized and existing under and by virtue of Republic Act
No. 9679, with principal office at the Petron MegaPlaza,
No. 358 Sen. Gil Puyat Avenue, Makati City, represented
in this act by its Chief Executive Officer, MR. ACMAD
RIZALDY P. MOTI, hereinafter referred to as the “Pag-
IBIG Fund”;

WITNESSETH:

WHEREAS, the Pag-IBIG Fund has engaged the services of the

COLLECTION AGENCY to perform extra-judicial foreclosure on Real Estate
Mortgage (REM) accounts pursuant to the Supplemental Memorandum of
Agreement on Collection Services (Supplemental MOA) executed on March 15,
2019 and docketed and docketed as Doc. No. 40, Page No. 09, Book No. VIII,
Series of 2020, on Notarial Register of Atty. Deborah R. Capili, Notary Public for
and in Makati City.

WHEREAS, the COLLECTION AGENCY, is obligated, under the said

Supplemental MOA to cause the annotation of the Certificate of Sale (COS) on the
Transfer Certificate of Title (TCT)/Condominium Certificate of Title (CCT) of the
foreclosed property.

WHEREAS, to effect the annotation of the COS, the duplicate original

TCT/CCT shall be released to the COLLECTION AGENCY upon availability of the
COS in accordance with the Supplemental MOA.

NOW, THEREFORE, for and in consideration of the foregoing premises and the
agreements and stipulations contained hereunder, the COLLECTION AGENCY
and its authorized representative hereby undertake and bind themselves, as
follows:

1. To hold in trust the duplicate original copy/ies of the following TCTs/CCTs

received from Pag-IBIG Fund:
For borrowed TCT/CCT for HQP-HLF-699 outsourcing of foreclosure (V01, 02/2020)

NAME OF REGISTERED OWNER

NO. TCT NO.
LANME FNAME MID
1 T-487752 ACANTO JOSE ALEX G
2 -606061- ACOT ANABITO
3 -511492- ALONZO JR SOTERO S
FERNANDO/MARILO
009-2013002485 ANDAYA
4 U
5 004-2011004333 APDUHAN MARVIN B
GENOBYAGO
060-2014019159 ARGOMIDO ARBIN
6 N
7 335585 BADOLES LORENZO B
8 T-524835 (M) BALBERONA MANUEL D
9 645880 BARRACA ELVIS P
10 T-170346 BATIDUAN MELECIA
11 T-548516 BLANCAFLOR MERLA M
12 T-623646 BOCLOT MA ELSA ENCENARIAL
13 -382209- BONIFACIO REYNALDO F
14 009-2015003836 CABALDA KATHERINE KAY B
15 562324 CAMPOSANTO CRISPINA R
16 T-636332 CATALLA BERNARDO A
17 060-2014022088 CATALOGO ROXANNE G
18 651800 CUEVAS ENRIQUETA B
19 T-630174 DEGALA JOEMARIE A
20 057-2014019335 DIANA ARNEL L
21 -642799 - ENCINARES DAVID R
22 057-2015023074 ENRIQUEZ DECZLE C
23 -330765- ESPANOL GILBERT T
24 T-758748 ESQUILLO GLORIA U
25 057-2017007538 FUSIO RAMY LOPEZ
26 -515492- GUTIERREZ JONATHAN E
27 T-73177 GUTIERREZ JR JOSE M
28 T-654604 HERNANDEZ ROWENA R
29 M-60971 LACESTE LOLITA R
30 T-785096 LAUZON ORLANDO F
31 009-2016003643 LAVATA LAIZA S
32 057-2014054388 LEONAR EDILBERTO M
33 057-2015005507 MAGALLON VILUZER QUIMOD
34 T-808856 MANLICLIC RAMIL F
35 T-73833- MARQUEZ MARISSA
36 T-1171345 MARTIN JUDITH P
37 T-1174753 MIRAMON MARIO F
38 T-174399 NAVARROZA ANGEL
39 T-578664 ORDIALES JR PERFECTO I
40 N-68207 ORTENCIO ALICE S
41 T-609765 PANTALEON JR PACIFICO
42 T-499933 (M) PASTOR MARIA LOURDES N
43 057-2014059225 PELAEZ KAREN MARIE S
44 T-551524 SELOTERIO SAMUEL M
45 040-2010004300 SOLANO EDUARDO Z
46 T-542616- STA. TERESA MA. ANN Q
47 T-328225 (M) TIMPOG FERNANDO T
48 057-2013037306 VICTORIO EDGARDO B
For borrowed TCT/CCT for HQP-HLF-699 outsourcing of foreclosure (V01, 02/2020)

2. To cause the annotation of the COS on the above-mentioned TCTs/CCTs

of the foreclosed property/ies.

3. To return the following documents to Pag-IBIG Fund within ninety (90)

days from the receipt of the TCTs/CCTs bearing the COS annotation
pursuant to Section 5(c) of the Supplemental Memorandum of Agreement
on Collection Services:

a. The TCTs/CCTs under the name of the individual buyer/borrower with

annotation of the COS in favor of Pag-IBIG Fund at the back thereof.

In the event of delay of submission of the annotated TCTs/CCTs due to

whatever reason except when due to force majeure as defined under
Sec. 30.5 of the Principal Agreement, shall be considered as a major
offense subject to the sanctions provided in Section 21.3. thereof. In
case of anticipated delay, the COLLECTION AGENCY may file a
request for extension of time of at least fifteen (15) days from the
deadline.

b. Foreclosure folder together with the original copies of all home financing
documents used during the foreclosure process.

4. That in the event of loss or damage to the TCT/CCT, the COLLECTION

AGENCY shall secure a new TCT/CCT with the COS annotation at its own
expense.

The liability for a new TCT/CCT is extant once it is released to the collection
agency and is lost or damaged prior to its return to Pag-IBIG Fund, not just
during the annotation process.

5. This undertaking is an implementing document of the Supplemental MOA

mentioned herein, with respect to the registration of the COS on the
TCT/CCT, and shall form an integral part thereof.

IN WITNESS WHEREOF, CASES COLLECTION MANAGEMENT, INC., through

its authorized representative, has signed this presents this ______ day of
___________, ______ at _______________________________________,
Philippines.

CASES COLLECTION MANAGEMENT, INC.

COLLECTION AGENCY

By:

PAULINO E. CASES JR.

IBP Lifetime No. 02080

SIGNED IN THE PRESENCE OF:

For borrowed TCT/CCT for HQP-HLF-699 outsourcing of foreclosure (V01, 02/2020)

_______________________________ _______________________________

ACKNOWLEDGMENT

REPUBLIC OF THE PHILIPPINES)

____________________________) S.S.

BEFORE ME, A Notary Public for and in the ________________________,

Province of _________________________, this ____ day of ___________, _____
personally appeared the above-named person, who has satisfactorily proven to me
his/her identity through his/her identifying document written below his/her name
and signature, that he/she is the same person who executed and voluntarily
signed the foregoing Deed of Undertaking, duly signed by his/her instrumental
witnesses at the spaces herein provided which he/she acknowledged to me as
his/her free and voluntary act and deed.

The foregoing instrument relates to a Deed of Undertaking consisting of

______ (__) pages including the page on which this Acknowledgment is written,
has been signed on the left margin of each and every page by the parties and their
witnesses.

WITNESS MY HAND AND NOTARIAL SEAL, this __________ day of

_____________, _________ in the ____________________________________
Province of ___________________________.

NOTARY PUBLIC

Doc. No. ____________;

Page No. ____________;
Book No. ____________;
Series of ____________.