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ENCUMBRANCE FINAL
ENCUMBRANCE FINAL
ENTRY NO:
ENTRY NO:
WHEREAS CLAUSE A. DECLARANT IS THE ABSOLUTE AD LAWFUL OWNER OF SEVERAL PARCELS OF LAND
LOCATED AT BRGY. CAMUNING, MEXICO, PAMPANGA. WITH AN AGGREGATE AREA OF TWENTY-FIVE
THOUSAND FIVE HUNDRED FIFTY-FIVE SQUARE METERS (25,555), MORE OR LESS, AND COVERED BY
TRANSFER CERTIFICATE OF TITLE (“TCT”) NO.042-2023033740 D AND TCT NO. 042-2023033741.
A UNIT OWNER MAY, BUT ONLY IN WRITING, MORTGAGE OR LEASE HIS UNIT TO ANY PARTY, PROVIDED
WRITTEN NOTICE THEREOF, TOGETHER WITH A COPY OF SUCH MORTGAGE OR LEASE, IS GIVEN TO THE
CONDOMINIUM CORPORATION WITH SUCH PARTICULARS AS THE CONDOMINIUM CORPORATION MAY
REASONABLY REQUIRE, WITHIN FIVE (5) DAYS PRIOR TO THE EFFECTIVITY OF THE MORTGAGE OR LEASE.
ANY SUCH MORTGAGE OR LEASE SHALL NOT FREE THE UNIT OWNER OR PURCHASER FROM
COMPLIANCE WITH HIS OBLIGATIONS AS SUCH UNDER THE CONDOMINIUM ACT, THE MASTER DEED,
THE ARTICLES OF INCORPORATION, BY-LAWS AND HOUSE RULES AND REGULATIONS OF THE
CONDOMINIUM CORPORATION OR THE DOCUMENTS UNDER WHICH HE ACQUIRED THE UNIT. THE UNIT
OWNER IS OBLIGED TO IMPOSE UPON THE MORTGAGEE OR LESSEE BY INCLUDING IN THE MORTGAGE
OR LEASE CONTRACT THE OBLIGATION TO RESPECT, OBSERVE AND COMPLY WIT THE TERMS AND
CONDITIONS AND INSTRUCTIONS CONTAINED IN THE FOREGOING CONDOMINIUM ACT, MASTER DEED,
ARTICLES OF INCORPORATION AND BYLAWS, AND HOUSE RULES AND REGULATIONS, AS THESE MAY BE
AMENDED OR SUPPLEMENTED FROM TIME TO TIME.