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MORTGAGE BOND

(In Replevin Suit)

KNOW ALL MEN BY THESE PRESENTS:

WHEREAS, I (full name of plaintiff), of legal age, single (or married to


____________________________) with residence and post-office address at _______________,
has, on ________________________________ filed in the Regional Trial Court of
_______________________, a replevin suit, entitled ____________, Civil Case
No._____________________, for the recovery of the possession of certain personal property
described as follows:

WHEREAS, I have applied in connection with said suit for an order for the delivery of
such personal property;

WHEREAS, as a condition precedent to the issuance of such an order, the Rules of Court
requires plaintiff to give a bond in favor of the defendant, in double the actual value of the
property involved in the suit;

WHEREAS, the actual value of the personal property involved in the suit is
____________________________________ PESOS (P________________);

WHEREAS, plaintiff is the registered owner of that certain parcel of land together with
all the improvements thereon, situated in __________________________, his title thereto
being evidenced by Transfer (or Original) Certificate of Title No. ______________ of
the Registry of Deeds of_____________________________;

WHEREAS, the assessed value of said real property is ___________________________


PESOS (P______), as per certificate issued by the_________________________, hereto
attached and made a part of this bond, as Annex “A”;

WHEREFORE, I (full name of plaintiff), the plaintiff in the above-mentioned case, and by
virtue of the foregoing, hereby by these presents execute in favor of said (name of defendant),
his heirs and assigns, a first lien or MORTGAGE on the above-described real property, with all
the improvements thereon, and more particularly described as follows:

(Description of property mortgaged)

the lien or mortgage being obligated for the return to the defendant of the possession of the
personal property involved in said Civil Case No.___ if the return thereof be finally adjudged by
the court,
and for the payment to said defendant of such sum as he may finally recover from the plaintiff in
the said case.

IN WITNESS WHEREOF, I have hereunto set my hand this _________ day of


______________, 2____, in _____________________, Philippines.
__________________
(Plaintiff)

WITNESSES:
_______________________ _______________________

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