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CERTIFICATE OF REDEMPTION

KNOW ALL MEN BY THESE PRESENTS:

WHEREAS, on ___________________________, XYZ executed a real estate mortgage


in favor of _______________________ to secure the payment of ______________________
with interest at _____________________ payable within ______________________
from the date of the execution of said mortgage:

WHEREAS, said real estate mortgage had been acknowledged before Notary Public
__________, as per his Notarial register document no.____, Page no.____, Book no.________,
Series of______________, and duly registered in the Registry of Deeds of ________________;

WHEREAS, said mortgage contained in a clause granting the mortgagee the special
power to sell the mortgaged property without judicial proceedings;

WHEREAS, pursuant to said authority, the mortgagee sold the mortgaged property upon
failure of the mortgagor to comply with the
conditions of the mortgage, the purchaser being ______who paid the sum of
_______________ plus accrued interests thereon and to whom a certificate of sale had been
given by the persons conducting the auction sale;

WHEREAS, the mortgagor ______________________ now offers to pay to the


undersigned purchaser at public auction the sum of _________________________in full
satisfaction of the purchase price for which the undersigned purchaser had purchased the
mortgaged property at public auction, together with all accrued interests and taxes, if any, paid
by the undersigned purchaser;

WHEREAS, this offer to redeem on the part of the mortgagor is being made within the
period of one year from the date of auction sale and is therefore in compliance with the law;

WHEREAS, this offer to redeem the mortgaged property on the part of the mortgagor is
acceptable to the undersigned purchaser and agrees to deliver the mortgaged property to the
mortgagor.

WHEREFORE, in view of all the foregoing, the undersigned purchaser hereby executes
this Certificate of Redemption and hereby restores the mortgagor to his full ownership of the
abovementioned mortgaged property.

IN WITNESS WHEREOF, the undersigned purchaser has signed this Certificate of


Redemption in the city of______________ this ____ day of ________________, 2__.

_______________________________
(Signature of purchaser)
ACKNOWLEDGMENT

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