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    Pag Ibig Spa Pro Forma

    Uploaded by

    Cloudette Baguiwen
    This document appoints an attorney-in-fact to represent the principal in purchasing property, applying for a housing loan using the property as collateral, signing loan documents, receiving loan proceeds, and assigning loan proceeds to a development corporation. The principal gives the attorney-in-fact full power to act on their behalf in regards to the property and loan.

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    © All Rights Reserved
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    Pag Ibig Spa Pro Forma

    Uploaded by

    Cloudette Baguiwen
    136 views2 pages
    This document appoints an attorney-in-fact to represent the principal in purchasing property, applying for a housing loan using the property as collateral, signing loan documents, receiving loan proceeds, and assigning loan proceeds to a development corporation. The principal gives the attorney-in-fact full power to act on their behalf in regards to the property and loan.

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    This document appoints an attorney-in-fact to represent the principal in purchasing property, applying for a housing loan using the property as collateral, signing loan documents, receiving loan proceeds, and assigning loan proceeds to a development corporation. The principal gives the attorney-in-fact full power to act on their behalf in regards to the property and loan.

    Copyright:

    © All Rights Reserved
    Download as DOC, PDF, TXT or read online from Scribd
    Download as doc, pdf, or txt
    136 views2 pages

    Pag Ibig Spa Pro Forma

    Uploaded by

    Cloudette Baguiwen
    This document appoints an attorney-in-fact to represent the principal in purchasing property, applying for a housing loan using the property as collateral, signing loan documents, receiving loan proceeds, and assigning loan proceeds to a development corporation. The principal gives the attorney-in-fact full power to act on their behalf in regards to the property and loan.

    Copyright:

    © All Rights Reserved
    Download as DOC, PDF, TXT or read online from Scribd
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    of 2

    SPECIAL POWER OF ATTORNEY

    KNOW ALL MEN BY THESE PRESENTS:

    I, __________________, Filipino citizen, of legal age, married/single, with


    residence and postal address at _________________________________________, do
    hereby name, constitute, and appoint _______________________, of legal age,
    married/single, with residence and postal address at___________________,
    Philippines, to be my/our true and lawful Attorney-in-Fact for me/us in my/our name,
    place and stead, to do all of the following acts, to wit:

    1. To purchase a parcel of land and all its improvements located at


    Brgy. Sevilla, San Fernando City, 2500 La Union, Philippines
    covered by Transfer Certificate of Title No.
    _______________________ of the Registry of Deeds of La Union,
    Philippines;

    2. To make, sign, and execute any and all documents in my behalf


    which may be necessary or required for the purchase of the above-
    said property, including, but not limited to, the necessary Contract
    to Sell and Deed of Absolute Sale of Real Property;

    3. To file, sign, and execute housing loan application with the Pag-
    IBIG Fund for a loan in any amount that may be approved by the
    said institution, offering as security for the payment of said loan the
    property/ies covered by Transfer Certificate of Title No.
    ______________________, Lot No. ______________, Block No.
    _________ of the Registry of Deeds of La Union, Philippines, under
    such terms and conditions as my said Attorney-in-Fact may deem
    proper and convenient;

    4. To sign, execute and deliver Promissory Note and Loan and


    Mortgage Agreement in favor of Pag-IBIG Fund, as well as other
    documents that may be required by the said institution in
    connection with the said loan;

    5. To receive the proceeds of the Promissory Note which my said


    Attorney-in-Fact may execute in connection with the mortgage
    contract relative thereto and the refund of retention fees if any; and

    6. To encash, endorse, or negotiate the check/checks that may be


    issued by Pag-IBIG Fund in connection with the said loan and
    refund of retention fees.

    7. To make, sign, and execute Assignment of Loan Proceeds in favor


    of VASTANA PROPERTIES AND DEVELOPMENT CORP.

    HEREBY GIVING AND GRANTING unto my/our said Attorney-in-Fact full power
    and authority to do and perform any and every act requisite and necessary to be done
    in and about the premises as fully to all intents and purposes as I/We might or could do,
    I personally present and acting in person, HEREBY RATIFYING AND CONFIRMING all
    that my/our said Attorney-in-Fact may also do or cause to be done under and by virtue
    of these presents.

    Special Power of Attorney


    IN WITNESS WHEREOF, we have hereunto set my hand this _______ day of
    _________, 20___ at the City of San Fernando City, La Union, Philippines.

    _________________ ________________________
    Attorney-in-Fact Principal
    TIN No. TIN No.

    SIGNED IN THE PRESENCE OF:

    ______________________________ _______________________________

    ACKNOWLEDGMENT

    REPUBLIC OF THE PHILIPPINES)


    PROVINCE/CITY OF ____________) S.S.

    BEFORE ME, A Notary Public for and in the _____________________,


    Province of ____________________ this ______ day of _____________, 20______,
    personally appeared the above-named persons, who have satisfactorily proven to me
    his/her/their identity through his/her/their identifying documents written below
    his/her/their name and signature, that he/she/their is/are the same person/s who
    executed and voluntarily signed the foregoing Special Power of Attorney, which
    he/she/their acknowledged before me as his/her/their free and voluntary act and deed.

    The foregoing instrument relates to a Special Power of Attorney consisting of two


    (2) pages including this page on which this Acknowledgement is written, has been
    signed on the left margin of each and every page by the parties and the witnesses.

    WITNESS MY HAND AND NOTARIAL SEAL.

    NOTARY PUBLIC

    Doc. No. _________;


    Page No. ________;
    Book No._________;
    Series of _________.

    Special Power of Attorney

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