Land Mortgage Agreement Sample Philippines

1. The property. – The purpose of this contract is a particular property which is described as follows: This document refers to the mortgage of a property listed in the TCT register of the register of deeds of the register of deeds of `pages` () pages, including this page, signed by each of the parties. 3.3. If the debtor/Mortgagor pays and/or fulfils its obligations arising from this deed, this mortgage no longer has any power and effect. However, if, for whatever reason, the debtor/Mortgagor refuses and/or refuses to pay and/or honour all of his obligations, the creditor/Mortgagee may, at his choice, close the mortgage on the property in court or out of court under the law. A loan agreement is written proof of a loan between individual persons or entities, such as Z.B, partnerships and capital companies. It includes the amount of the debt and the terms of the loan. In this loan agreement, the person or entity that lends the money is designated as a creditor, while the person or entity that lends the money is designated as a debtor.

NOW, THEREFORE, for and taking into account the debt mentioned above, and to ensure compliance with this payment obligation, forwarded and DELIVER here via MORTGAGEants, their heirs, successors and as a sign, the following ground, with all the improvements found and to come, in particular described as follows: Discussed in: Agreement of mortgage contracts in the Philippines Once concluded, the document should be printed for each creditor. The parties must carefully review the document and sign it. If the document is notarized, the parties must personally go to a notary with competent proof of identity and recognize the loan agreement. If the document contains a statement under oath of good faith, the parties must sign the same thing before the notary.