REAL ESTATE MORTGAGE

KNOW ALL MEN BY THESE PRESENTS:

I, (full name of mortgagor), Filipino, of legal age, married to ______________________,

and with residence and post-office address at ______________, for and in consideration
of a loan in the sum of ____________________ PESOS (P_________________), Philippine
currency, to me in hand paid by (full name of mortgagee), Filipino, of legal age, single/married
to _________________________, and with residence and post-office address at
_____________________, do hereby convey, by way of MORTGAGE, unto the said (full name
of mortgagee), his/her heirs and assigns, that certain parcel of land, together with all the
buildings and improvements thereon, situated in_____________, particularly described as
follows:

(Description)

of which real property I am the registered owner in accordance with the provisions of the Land
Registration Act, my title thereto being evidenced by Original/Transfer Certificate of Title
No.________ of the land registry of __________________________; PROVIDED HOWEVER,
that if I, the said (full name of mortgagor) shall pay or cause to be paid to said (full name of
mortgagee), his heirs or assigns, the said sum of ____________________ PESOS
(P___________), within the period of_______________________ (_________) years from and
after the execution of this MORTGAGE together with the interest thereon at the rate of
_________________ per centum (____%) per annum, then this MORTGAGE shall be
discharged and of no effect; OTHERWISE, it shall remain in full force and shall be enforceable
in the manner provided for by law.
IN WITNESS WHEREOF, I have hereunto set my hand this ________ day of
_____________________, 2_____ in ________________, Philippines.

_____________________
(Mortgagor)

With my consent:

_____________________
(Wife of mortgagor)
WITNESSES

_____________________ _____________________

ACKNOWLEDGMENT