Tuesday, June 29, 2021

Release of Mortgage

 

RELEASE OF MORTGAGE

 

KNOW ALL MEN BY THESE PRESENTS:

 

That I, (NAME OF MORTGAGEE / AUTHORIZED SIGNATORY), a Corporation duly organized and existing under and by virtue of Philippine Laws / Filipino, of legal age, (civil status), with office address at (Address of Bank/Corporation) / and a resident of (Address of Mortgagor if Individual and not Corporation), Philippines, mortgagee of (Property Mortgaged) in a Deed of Real Estate / Chattel Mortgage executed by (Name of Mortgagor) on (Date of Mortgage) and entered as Doc. No. _____; Page No. _____; Book No. _____; Series of _____ in the Notarial Register of Notary Public (Name of Notary Public Who Notarized the Deed of Mortgage), hereby release and discharge from the lien of the Mortgage the above described property, the indebtedness to the Bank/Corporation/Undersigned secured by said Mortgage having been completely paid and settled to my full satisfaction, as well as such other terms and conditions for the release/discharge of the said Mortgage lien having been complied with.

IN WITNESS WHEREOF, I have hereunto set my hand, this (Date of Signing) at (Place of Signing), Philippines.

 

MORTGAGEE

WITNESSED BY: ______________________         ______________________

 

 

Republic of the Philippines    )

City of Makati                        ) S.S.

 

            BEFORE ME, a Notary Public in and for the City of Makati, this (Date of Notarization), personally known to me to be the same person who executed and voluntarily signed the foregoing Deed of Release of Mortgage which he acknowledged before me as his free and voluntary act and deed.

 

            WITNESS MY HAND AND SEAL, this (Date of Notarization) in the City of Makati.

 

 

Doc. No. _____;

Page No. _____;

Book No. _____;

Series of 2021;

Warning


The documents in this website are contributions from various lawyers and law students AND SHOULD NOT SUBSTITUTE for the advice of an independent and competent legal counsel. We do not warrant the accuracy and suitability of these documents for whatever purpose you may have in copying them. Thank you.

Privacy Policy

This privacy policy tells you how we use personal information collected at this site. Please read this privacy policy before using the site or submitting any personal information. By using the site, you accept the practices described here.

Collection of Information
We collect personally identifiable information, like names, email addresses, etc., when voluntarily submitted by our visitors. The information you provide is used to fulfill your specific request, unless you give us permission to use it in another manner, for example, to add you to one of our mailing lists.

Cookie/Tracking Technology
Our site may use cookies and tracking technology which are useful for gathering information such as browser type and operating system, tracking the number of visitors to the site, and understanding how visitors use the Site. Personal information cannot be collected via cookies and other tracking technology, however, if you previously provided personally identifiable information, cookies may be tied to such information. Third parties such as our advertisers may also use cookies to collect information in the course of serving ads to you. Most web browsers automatically accept cookies, but you can usually modify your browser setting to decline cookies if you prefer.

Distribution of Information
We do not share your personally identifiable information to any third party for marketing purposes. However, we may share information with governmental agencies or other companies assisting us in fraud prevention or investigation. We may do so when: (1) permitted or required by law; or, (2) trying to protect against or prevent actual or potential fraud or unauthorized transactions; or, (3) investigating fraud which has already taken place.

Commitment to Data Security
Your personally identifiable information is kept secure. Only authorized staff of this site (who have agreed to keep information secure and confidential) have access to this information. All emails and newsletters from this site allow you to opt out of further mailings.

Privacy Contact Information
If you have any questions, concerns, or comments about our privacy policy you may contact us by email at barops@gmail.com.

We reserve the right to make changes to this policy. You are encouraged to review the privacy policy whenever you visit the site to make sure that you understand how any personal information you provide will be used.