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REPUBLIC OF THE PHILIPPINES)

)S.S.

SPECIAL POWER OF ATTORNEY

KNOW ALL MEN BY THESE PRESENTS:

That I / We, _________________________, of legal age, ____________, __________ citizen with postal address at
(NAME OF BORROWERS TO BE REPRESENTED) (CIVIL STATUS) (CITIZENSHIP)
_____________________________________________________________, do hereby name, constitute and appoint
(BORROWER’S POSTAL ADDRESS)
______________________________________, of legal age, __________ citizen, residing at____________________
(NAME OF AIF) (CITIZENSHIP OF AIF)
_________________________________________, to be my/our true and lawful Attorney-in-Fact, for me/us and in
(ADDRESS OF AIF)
my/our name, place and stead, and for my/our own use and benefit to do the following acts and deeds:

1. To apply for, negotiate, and obtain a loan from SECURITY BANK CORPORATION (the "Bank") in the principal
amount not to exceed _________________________________________________________________________
(AMOUNT IN WORDS)
(P_________________) Philippine Currency, (the "Loan"), for the purpose of:
(AMOUNT IN FIGURES)

☐ acquisition of real property from Seller/Developer* at such terms and conditions as may be agreed with
the Bank;
☐ acquisition of real property from Seller/Developer*, with refinancing/ loan take/ construction/renovation
of improvements, at such terms and conditions as may be agreed with the Bank;
☐ refinancing/loan take out from Mortgagee Bank*;
☐ refinancing/loan take out from Mortgagee Bank* with construction/renovation of improvement;
☐ refinancing with home equity from Mortgagee Bank*;

*Seller/Developer/Mortgagee Bank: _____________________________________________

☐ reimbursement for real property purchased;


☐ construction/renovation of improvement(s);
☐ home equity;
☐ others: (put n/a if not applicable)
________________________________________________

2. To encumber, mortgage, or assign and convey by the way of FIRST MORTGAGE unto the Bank, its successors
and assigns, the real property located at:

__________________________________________________________________
(PROJECT NAME AND COLLATERAL ADDRESS)

☐ acquired or to be purchased in my/our behalf, currently under TCT/CCT No. ___________


☐ to be purchased in my/our behalf, with renovation/improvement(s) to be constructed thereon/ to be
refinanced, currently under TCT/CCT No. _______________________

☐ TCT No. ___________________________ to be financed / home equity

as security for the prompt payment of the said LOAN, including its renewals, extensions, rescheduling, restructuring,
reavailments or amendments thereof.

3. To open a deposit account with Security Bank under my name in compliance with the housing loan requirements
of the Bank, to operate the same limited to deposit transactions only, and to sign, execute and submit contracts,
documents necessary to implement the foregoing.

________________________________ __________________________________
Grantor / Principal Attorney in Fact
4. To make, sign, execute, and deliver contracts, documents, agreements, and other writings of whatever nature or
kind, such as but not limited to Promissory Note (s), Deed of Real Estate Mortgage / Pledge, Loan Agreement,
debit authorizations, debit memos, and any and all other documents or papers necessary to evidence availment of
the credit, (hereinafter collectively referred to as the “Loan”) with any all third persons, concerns, or entities, as
may be necessary or proper in connection with the foregoing upon the terms and conditions and in compliance with
the requirements of the Bank as my said Attorney-in- Fact, in his / her discretion, may deem to be in my best
interest.

5. To duly receive on my/our behalf the proceeds of the said Loan, through any of the following alternative modes of
payment at the sole option and discretion of the Bank:

a. issuance of a manager’s check under my/our name with authority to endorse, deposit or encash the same;
b. issuance of a manager’s check under my/our attorney-in fact’s name;
c. crediting the loan proceeds to my/our account with the Bank;
d. crediting the loan proceeds to account no. ___________________________ or any other bank account
designated by of my/our attorney-in fact (from the issuance of this Special Power of Attorney under his/her
name.

6. To duly receive on my/our behalf any excess proceeds of the Loan or refund of bank charges by crediting the same
to account no. _______________________ or any other bank account designated by my/our attorney-in fact under
his/her name.

7. To duly receive on my/our behalf legal notices or processes directed to me/us in the event of foreclosure or other
satisfaction of the suit premised on the Deed of Real Estate Mortgage / Pledge to be executed by my/our Attorney-
in Fact in favor of the Bank as security for the aforesaid Loan.

8. To claim from the Bank, upon full payment of the credit accommodations / facilities for which my/our property
stands as collateral, the Owner's Duplicate Copy of the Title aforementioned.

9. To do and perform any and all acts necessary for the faithful execution of the foregoing acts and deeds.

HEREBY GIVING AND GRANTING unto my/our said Attorney-in-Fact full power and authority to do and
perform all and every act and thing whatsoever requisite and necessary to be done in and about the premises as fully
to all intents and purposes as I/We might or could lawfully do if personally present and hereby ratifying and
confirming all that my/our said Attorney-in-Fact shall lawfully do or cause to be done in my behalf or to my benefit
consistent with the foregoing, which may have been done or executed prior to the issuance of this power of attorney,
by virtue of these presents.

This Special Power of Attorney shall be valid and subsisting and shall remain in full force and effects unless
otherwise revoked or amended by me/us in writing and duly served upon the Bank.
IN WITNESS, WHEREOF, I/We have hereunto set my/our hand/s this day of __________________________ at
_____________________________.

ACCEPTANCE:

_______________________________________ ___________________________________
Grantor / Principal Attorney in Fact

SIGNED IN THE PRESENCE OF:

_____________________________ _____________________________
ACKNOWLEDGEMENT

REPUBLIC OF THE PHILIPPINES)


_____________________________) S.S.

BEFORE ME, a Notary Public for and the in the above jurisdiction personally appeared :

NAME COMPETENT EVIDENCE OF DATE / PLACE OF ISSUE


IDENTITY/CTC NO.
____________________________ _______________________ _________________________
(NAME OF BORROWER/S)

____________________________ _______________________ __________________________


(NAME OF AIF)

Known to me and to me known to be the same person /s who executed the foregoing instrument and acknowledged to
me that the same is his / her/ their free act and voluntary deed.

This instrument consisting of _____ (__) pages, including this page whereon the Acknowledgment is written, has
been signed by the party and his/ her/ their witnesses on each and every page thereof and relates to a Special Power of
Attorney granted in favor of _____________________________________.
(NAME OF AIF)

WITNESS MY HAND AND NOTARIAL SEAL on this ______________at ___________.

NOTARY PUBLIC:
Doc. No. _____
Page No. _____;
Book No. _____;
Series of _____.

________________________________ _________________________________
Grantor / Principal Attorney in Fact

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