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    Release of Real Estate Mortgage

    Uploaded by

    EulaArias JuanPablo
    This document cancels and releases a real estate mortgage. It acknowledges receipt of payment in full for a mortgage on a 400 square meter property in Davao City. The mortgagee signs to forever release, discharge and cancel the mortgage on the property.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd

    Release of Real Estate Mortgage

    Uploaded by

    EulaArias JuanPablo
    500 views2 pages
    This document cancels and releases a real estate mortgage. It acknowledges receipt of payment in full for a mortgage on a 400 square meter property in Davao City. The mortgagee signs to forever release, discharge and cancel the mortgage on the property.

    Original Description:

    RELEASE OF REAL ESTATE MORTGAGE

    Original Title

    RELEASE OF REAL ESTATE MORTGAGE

    Copyright

    © © All Rights Reserved

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    DOCX, PDF, TXT or read online from Scribd

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    This document cancels and releases a real estate mortgage. It acknowledges receipt of payment in full for a mortgage on a 400 square meter property in Davao City. The mortgagee signs to forever release, discharge and cancel the mortgage on the property.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    500 views2 pages

    Release of Real Estate Mortgage

    Uploaded by

    EulaArias JuanPablo
    This document cancels and releases a real estate mortgage. It acknowledges receipt of payment in full for a mortgage on a 400 square meter property in Davao City. The mortgagee signs to forever release, discharge and cancel the mortgage on the property.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    of 2

    CANCELLATION AND RELEASE

    OF REAL ESTATE MORTGAGE

    KNOW ALL MEN BY THESE PRESENTS:

    I, _____________, of legal age, Filipino,married, and a resident of


    Davao City, Philippines.
    WITNESSETH:
    That I am the MORTGAGEE in that Deed of Real Estate Mortgage executed by
    _____________ on _____________ and registered as Doc. No. ______; Page No.
    ______; Book No. ______; Series of ______, in the Notarial Register of Notary
    Public _____________;
    That having this date received the total and full amount of ONE MILLION
    PESOS (P1,000,000.00), in Philippine Currency, from the Mortgagor, which is
    in full and complete settlement of the obligation secured by the said mortgage,
    I do hereby forever RELEASE, DISCHARGE, AND CANCEL the aforementioned
    Mortgage, covering the parcel of land covered by Transfer Certificate of Title No
    _____________, of the Registry of Deeds of Davao City, situated in the Barangay
    of Cabantian, City of Davao with an area of FOUR HUNDRED (400) square
    meters, more or less.
    IN WITNESS WHEREOF, I have hereunto set my hand, this _____________ at
    _____________, Philippines.

    _____________,
    Mortgagee
    ID No. __________________

    SIGNED IN THE PRESENCE OF:


    _________________ _______________

    REPUBLIC OF THE PHILIPPINES)


    CITY/MUNICIPALITY OF ______) SS.
    x------------------------------------x

    ACKNOWLEDGMENT

    BEFORE ME, a Notary Public for and in the (Province/City/Municipality) of


    _____________, personally appeared _____________ with Community Tax
    Certificate No. _____________ issued on _____________ at _____________,
    personally known to me (or whom I have identified through competent evidence
    of identity) and who represented to me that his/her signature on the foregoing
    instrument was voluntarily affixed by him/her for the purposes stated in the
    instrument and who declared that he has executed the foregoing RELEASE OF
    REAL ESTATE MORTGAGE as his free and voluntary act and deed.

    Page 1 of 2
    This Instrument consists of only TWO (2) page/s, including this page in which
    this acknowledgment is written, duly signed by ALVIN LOPEZ TAN and his
    instrumental witnesses on each and every page hereof.

    WITNESS MY HAND AND SEAL this _____________ at _____________, Philippines.

    NOTARY PUBLIC

    Doc. No. ______;


    Page No. ______;
    Book No.______;
    Series of 20____.

    Page 2 of 2

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