FORM NO. 37.

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 (₱____________________), 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, 39 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
(₱_______________), within the period of _________________________
(________________) years from and after the execution of 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