Professional Documents
Culture Documents
for Extra Judicial Foreclosure of Real
Estate Mortgage under Act 3135 as amended)
The City/Provincial Sheriff
City/Province of
_____________, Philippines
S I R:
GREETINGS:
(Technical Description of Property)
4.That by the terms and conditions of the Real Estate Mortgage Contract
herein-above referred to, the principal obligation of the Mortgagor which has
become overdue as of _____________ is in the
amount of __________________________ (P___________),
excluding penalties, liquidated damages, past due interest, attorney's fee
representing ______% of the total obligation due, other charges and
expenses of foreclosure.
WHEREFORE, I respectfully request you to take possession of the property
described in the aforementioned Real Estate Mortgage and sell the same at
Public Auction in accordance with the provisions of Act 3135 as amended.
Please furnish the undersigned and the Mortgagor-Debtor with copies of your
notice of Sale at least ten (10) days before the sale.
_____________, Philippines, __Date__.
MORTGAGEE
(VERIFICATION)