REAL ESTATE MORTGAGE

KNOW ALL MEN BY THESE PRESENTS:

This Deed of Real Estate Mortgage is made and executed in Paranaque City, Metro Manila,
Philippines, this 25th day of April, 2022 by and between:

That CRISOSTOMO V. DE LEON, single, both of legal age, Filipino, and resident of 328 Edang
Street. Brgy. 150 Zone 16, Pasay City, Philippines, hereinafter referred to as the MORTGAGOR;

- and -

SCV LENDING, INC. a corporation duly organized and existing under and by virtue of the laws of
the Republic of the Philippines, with branch office located at Unit 27G 27TH floor Burgundy Corporate
Tower, 252 Senator Gil Puyat Avenue Makati City, Philippines, represented in this act by its Officer-in-
charge, VEDANT AGRAWAL, with office address at Unit 27G 27TH floor Burgundy Corporate Tower, 252
Senator Gil Puyat Avenue, Makati City, Philippines, hereinafter referred to as the MORTGAGEE,

WITNESSETH T H A T:

Whereas, the Mortgagor is the absolute and legal owner / an Attorney-in-Fact of the lot owner of a
parcel/s of land situated in BRGY. SAN ROQUE, PASAY CITY, METRO MANILA, Philippines,
evidenced by Transfer Certificate of Title No. 003-2015000690 which parcel of land is more particularly
described and bounded as follows:
Transfer Certificate of Title
No. 003-2015000690

BEGINNING, CONTAINING AN AREA OF THIRTY-TWO (32) SQUARE METERS more or less.

 Improvement Clause:
Including the house/building and other improvement now erected or hereafter may
be erected thereon. That, for and in consideration of credit accommodations obtained from
the Mortgagee by the Mortgagor, as evidenced by a certain Promissory Note, dated
April 25,2022, for the principal sum of PESOS: THREE HUNDRED THOUSAND ONLY
(Php300,000.00), Philippine Currency, a copy of which is hereto attached and made an
integral part hereof, and to secure the payment of the same obligation and those that may
hereafter be obtained, as well as those that the Mortgagee may further extend to the
Mortgagor(s), including interest and expenses, or any other obligation owing to the
Mortgagee, whether direct or indirect, principal or secondary, as appearing in the accounts,
books and records of the Mortgagee, the Mortgagor(s) does/do hereby transfers and
conveys by way of First Mortgage unto the Mortgagee, its successors and assigns the
property/ies described above, together with all the improvements thereon, and those that
may exist thereafter.

That this mortgage is so constituted subject to the following terms and conditions, to wit:

1. That the total obligation in the principal sum of PESOS: THREE HUNDRED THOUSAND ONLY
(Php300,000.00), Philippine Currency, secured by this mortgage, shall be due and payable
within Twenty four (24) months from the execution of this instrument. A Promissory Note is
hereby attached and made an integral part of this contract.

2. The Mortgagor shall pay all the expenses in connection with this mortgage, including
preparation of documents, notarial fees, documentary stamps, registration fees and all the
expenses of cancellation upon satisfaction of the obligation/s hereunder secured or of
foreclosure, whether judicial or extra-judicial, as the case may be.

3. During the life of this mortgage, the Mortgagor shall well and promptly make all the necessary
repairs and improvements on the mortgaged properties in order to preserve the same in good
order and condition, and shall also pay on time all taxes, fines, fees and assessment due on
said properties, delivering immediately to Mortgagee without necessity of any demand, the
corresponding Official Receipts therefore.

4. During the life of this mortgage, the Mortgagor shall promptly insure the buildings and/or other
improvements now existing and/or which may hereafter be placed or constructed on the
mortgaged properties against fire, and earthquake in an amount and with such company fixed
and designated in writing by the Mortgagee, and pay on time the premiums on said insurance,
which insurance shall be made payable to the Mortgagee, and for this purpose, Mortgagor shall
properly endorse or assign and deliver to Mortgagee the corresponding insurance policy/ies.
However, Mortgagor shall not secure any additional insurance policy on the mortgaged
properties without the written consent of the Mortgagee. Should the Mortgagor secure such
additional insurance policy without the written consent of the Mortgagee, the same shall be
considered automatically assigned to the Mortgagee, which shall as such assignee of the
original and additional policies, have authority to settle or liquidate, in case the risk/s insured
against occur, all claims thereon to the account of the Mortgagor, and the Mortgagor shall be
credited only with the cash that the Mortgagee may receive for said property, and only from
the date it actually received the same.

5. The Mortgagor shall not sell, mortgage, lease or encumber the properties herein mortgaged or
any part thereof, nor alter or demolish any building or improvement thereon during the
existence of this mortgage without the prior written consent of the Mortgagee.

6. If during the existence of this Mortgage Contract, the Mortgagor should be granted by the
Mortgagee an additional loan or the Mortgagor renews the existing obligation prior to full
payment thereof, then this mortgage shall also stand as security for such additional loan or the
renewal of the existing one, without necessity of executing another mortgage contract.
7. If the Mortgagor shall at any time fail or refuse to pay the obligations herein secured or any of
the amortizations of such indebtedness when due, or to pay any of the fees, expenses,
assessments, fines or taxes due on the mortgaged properties or by virtue of this contract, or to
comply with any of the conditions and stipulations herein enumerated or should violate the
same, or shall, during the life of this mortgage, institute insolvency proceedings or be
involuntarily declared insolvent, then, all the obligations of the Mortgagor secured by this
Mortgage shall automatically become due, payable and defaulted, without the necessity of any
previous demand or notice, and the Mortgagee may immediately foreclose this mortgage
judicially or extra-judicially, at its option. In case of extra-judicial foreclosure, the Mortgagor
hereby appoints the duly authorized representative of the Mortgagee as Attorney-in-Fact, with
full power of substitution to enter upon and take possession of the mortgaged premises,
without any court order or any other authority than that herein granted, and to sell and dispose
of the same to the highest bidder at public auction, and until such sale, the Mortgagee is
hereby authorized to hold and retain possession of said properties, to collect all rents due on
the same and to apply the same to the payment of the obligations hereby secured, and to
perform all other acts of administration and management in the most Mortgagor advantageous
manner for the best interest of the Mortgagee. The said duly authorized representative of the
Mortgagee Corporation or his substitute is hereby expressly authorized and empowered to
execute and deliver on behalf of the or in his name, place and stead, such deeds of conveyance
as may be necessary to vest in the purchaser of such auction sale full title to the properties
sold, free from all liens and encumbrances of whatever kind and nature.
In case of judicial foreclosure, the Mortgagor hereby consents to the appointment of the duly
authorized representative of the Mortgagee corporation as Receiver, without bond, to take
charge of the mortgaged properties immediately, to have possession of the same and to collect
rents, income fruits and other benefits derived from the same before the sale, to be applied in
accordance with the following:

In case of the sale of the mortgaged properties, the proceeds shall be applied as follows:
a) To the payment of the expenses and cost of foreclosure, receivership, if any, and sale,
including attorney’s fees as herein provided;
b) To the satisfaction of all interest and charges accruing upon the obligations herein and
hereby secured;
c) To the satisfaction of the principal amount of the obligation herein and hereby secured;
d) To the satisfaction of all other obligations owing by the Mortgagor to the Mortgagee, and
e) The balance, if any, to be delivered and paid to the Mortgagor.

8. The Mortgagor hereby expressly agrees and consents that the foreclosure proceedings, whether
judicial or extra-judicial and/ or public auction sale pursuant thereto at which the Mortgagee
may be a bidder, may be filed and held at the place or the capital of the province where the
property is located, at the option of the Mortgagee, and for this purpose, the Mortgagor hereby
expressly waives and renounces whatever rights he may have under Sec. 2 of Act 3135 and
Sec. 3, Rule 5, Rules of Court.

9. In case of foreclosure proceedings, whether judicial or extra-judicial, the Mortgagor shall pay to
the Mortgagee by way of Attorney’s Fees, a sum equivalent to 25% of the total indebtedness,
including principal and interest remaining unpaid or not less than P2,000.00, whichever is
higher and exclusive of all cost or fees allowed by laws. The payment thereof by the Mortgagor
is hereby guaranteed by this mortgage and considered to be lien upon the properties herein
mortgaged. All correspondence relative to this mortgage, including demand letters, summons,
subpoena and other notice of whatever kind and nature, whether judicial or extra-judicial, shall
be sent to the Mortgagor at her afforested or at the address that may hereafter be given by
registered mail by the Mortgagor to the Mortgagee. The mere act of sending correspondence
by mail or by personal delivery to said address shall be valid and effective notice to the
Mortgagor for all legal purposes, and the fact that any such communication is not actually
received by the Mortgagor or that it has been returned unclaimed to the Mortgagee, or that no
person was found at the address given, or that the address is fictitious or cannot be located,
shall not excuse or relieve the Mortgagor from the effects of such notice.
10. Should the properties mortgaged or any part thereof be expropriated by the national, provincial
or municipal government or any other entity or person vested with the right of eminent
domain, all monies paid or which may become payable on account or in consideration of the
expropriation of the properties herein mortgaged and/or any real or personal property which
maybe given in exchange for the property so expropriated, shall be immediately delivered to
the Mortgagee, unto whom Mortgagor hereby expressly authorizes to collect said money or
received such property directly from the expropriator, crediting the Mortgagor only with the
cash received, effective on the day Mortgagee actually receives the same and reserves the
property received in exchange for its expropriation for such further action as may be necessary
to convert them into cash and apply the same to the account of the Mortgagor. The Mortgagor
further binds himself not to agree with expropriator upon any purchase price or any other
consideration for the property so expropriated without the written consent of the Mortgagee.

11. Should this mortgage be annulled or refused registration for any reason whatsoever or the
properties herein mortgaged be found at any time to have been over-appraised, lost, damaged
or depreciated in value for whatever cause or causes other than any ordinary wear and tear,
the Mortgagee may demand additional security applicable to it from the Mortgagor in order to
bring the total value of the securities held by Mortgagee up to any sufficient amount, but not
less than the value of said securities as appraised by the Mortgagee at the time the original
obligation was contracted and/or subsequent additional loans were given, or the Mortgagee
may declare the entire mortgage obligation immediately due and demandable as if the period
of the mortgage obligation has expired, at its option.

12. Should the Mortgagor fail to make the necessary repairs and/or improvements on the
properties mortgaged, or to pay any fees, premiums, expenses, fines and taxes with respect to
the same as required in this contract, the Mortgagee may advance the funds necessary
therefor, which shall be automatically deemed included in the original amount of the loan
secured by this mortgage, which amount/s so advanced by Mortgagee shall bear interest at the
same rate imposed on the principal obligation per month.

13. Should the Mortgagee incur any expense of whatever kind and nature, including attorney’s
fees, in maintaining or defending its rights under this contract, whether judicially or extra-
judicially, whether against or with the Mortgagor or any third person, and whether or plaintiff,
defendant, intervenor or otherwise, the same expenses shall be charged to the Mortgagor and
automatically added to the original amount of loan, to bear interest at the rate of SIX percent
(6%) per MONTH.

14. The Mortgagor hereby binds herself to execute and/or deliver to the Mortgagee such other
documents as may be required from time to time to give full force and effect and validity to this
mortgage, and to pay all the expenses incident to the preparation, execution, registration, and
notarization, including documentary stamps, of said documents.

15. This contract of mortgage and the corresponding promissory note / trade acceptance / credit
purchase order signed by Mortgagor, copies of which he hereby acknowledges receipt, shall not
be deemed novated, extended or its considerations and terms in any manner changed or
modified, unless said novation, extension, change or modification be in writing, duly signed and
mutually agreed upon by both Mortgagor and Mortgagee. It is also understood that the
Mortgagee’s silence or toleration of all violation or non-compliance with any condition or
stipulation in this contract shall neither be considered as implied consent thereto, nor as a
waiver of any of its rights and remedies under this contract or by operation of law.

16. Should the Mortgagor fail to pay the obligation secured by this Mortgage, and the Mortgagee
forecloses this Mortgage, the Mortgagor may exercise his/her right to redeem the foreclosed
properties in accordance with the provisions of law, by paying the Mortgagee the total
obligation at the time of foreclosure, plus all expenses, attorney’s fees and interest at the rate
of six percent (6%) per month up to the time the redemption is made.

17. Finally, if the Mortgagor, his/her heirs and assigns should well and truly pay to Mortgagee all
his/her obligations under this contract and the corresponding promissory note(s) / trade
acceptance / credit purchase order, then this mortgage shall become null and void and of no
legal effect whatsoever.
 Executed and signed in MAKATI City, Philippines, this _____________________________.

CRISOSTOMO V. DE LEON SCV LENDING, INC.

TIN: 462-114-909 (MORTGAGEE)
(MORTAGOR) TIN: 009-701-668
By:

VEDANT AGRAWAL
Officer-in-charge
TIN: 492-265-914

SIGNED IN THE PRESENCE OF:

________________________ ________________________ ________________________

ACKNOWLEDGMENT

REPUBLIC OF THE PHILIPPINES}

CITY OF MAKATI……….……..}S.S

BEFORE ME. A Notary Public, for and within the City of Makati, Philippines, this _________ day of __________, in the year of our Lord 2022,
personally appeared the following persons and presented to me an integrally complete document/instrument, to wit:

Name Competent Evidence of Identity

SCV Lending, Inc. SEC Reg. CS 201719299/TIN 009-701-668
Vedant Agrawal TIN No. 492-265-914 / DL N02-14-020621
Crisostomo V. De Leon TIN No. 462-114-909

Who are personally known to me or identified by me through competent evidence of identity as defined by the 2004 Rules on Notarial practice pursuant to
Supreme Court EN BANC A.M. No. 02-8-13 SC Resolution. That the herein Persons represented to me that the signatures on the instrument or document was
voluntarily affixed by him/her as his/her free and voluntary act and deed.

This instrument, which consists of FIVE (5) pages, inclusive of schedules/annexes, refers to a Real Estate Mortgage signed by the parties together with
their instrumental witnesses on each and every page whereof.

WITNESS MY HAND AND SEAL on the date and at the place first above-written
NOTARY PUBLIC
Doc. No. ___________
Page No. ___________
Book No. ___________
Series of 2022