CHATTEL MORTGAGE
KNOW ALL MEN BY THESE PRESENTS: This CHATTEL MORTGAGE, made and entered into by and betweenTESS BUZZ , of legal age, single, with postal address at Ungka II, Pavia, Iloilo,
hereinafter known as the MORTGAGOR ; -and RIZAL COMMERCIAL BANKING INSTITUTION, a banking institution institution duly
organized under the laws of the Philippines, with principal office at 302 at 302 Roosevelt Avenue, San Francisco Del Monte, Quezon City, Metro Manila, represented Manila, represented by its Jaro, Iloilo City Branch Manager Manager JURY JASON JASON B. JUNSAN, JUNSAN, hereinafter known as the t he MORTGAGEE;
WITNESSETH
That the MORTGAGOR is indebted unto the MORTGAGEE in the sum of EIGHT HUNDRED THOUSAND PESOS (Php 800,000.00), Philippine Currency, receipt of which is acknowledged by the MORTGAGOR upon the signing of this instrument, payable within a period of three three (3) (3) years, years, with with interest thereon at the rate of 10 % per annum;
That for, and consideration of, this indebtedness, and to assure the performance of said oblig obligat atio ion n to to pay pay,, the the MORTGA GOR here by conv eys by way of C HATTE L MORTGA GE unt o the MORTGAG EE, his heirs a nd as signs, signs, the the followi following ng persona personality lity now in the possession of said MORTGAGOR MAKE
: Honda Civic
MOTOR NO.
: 5467893
SERIES
: 67
SERIAL/CHASSIS NO.
: 52479
TYPE OF BODY: Coupe
PLATE NO.
: FEW 456
YEAR MODEL :2018
FILE NO.
: 700034
That the condition condition of this obligati obligation on is that should the MORTGA M ORTGAGOR GOR perform perfo rm the t he obligation to pay the hereinabove cited indebtedness of EIGTH HUNDRED THOUSAND PESOS (Php 800,000.00), Philippine Currency, together with accrued interest thereon, this chattel mortgage shall at once become null and void and of no effect whatsoever, otherwise, it shall remain in full force and effect.
IN WITNESS WHEREOF, t he parties par ties hav e h ereu nto set their their hands, hands, this this 28 28th day of
March 2018 at Iloilo City, Philippines.
TESS BUZZ
ALLEN A. ELEVADO
MORTGAGOR
MORTGAGEE
IN THE PRESENCE OF:
CORSINO A. BACATAN
HARRY T. ROQUE
ACKNOWLEDGEMENT
REPUBLIC OF THE PHILIPPINES) ILOILO CITY ) S.S x------------------------------------------------x
BEFORE ME, personally appeared: Name TES S BU ZZ ALLEN A. ELEVADO
TIN
Date/Place Issued
3489302 2390294
January 5, 2017/ Iloilo City May 3, 2017/ Iloilo City
Known to me and to me known to be the same persons who executed the foregoing instrument and acknowledged to me that the same is their free and voluntary act and deed.
WITNESS MY HAND AND SEAL this 28th day of March 2018 at Iloilo City,
Philippines.
ATTY. ABUNDIO A. BACATAN Notary Public for and in the City and Province of Iloilo My Commission No. is 93 Expires on December 31, 2019 Bacatan Law Office, Don Bosco Boys Home, Dumangas, Iloilo Roll of Attorneys No. 30573 PTR NO. 2651863, 01/18/18, Iloilo City IBP NO. 2123, 01/18/18, Iloilo City ’
Doc. No. 4; Page No. 2; Book No. 1; Series of 2018;
AFFIDAVIT OF GOOD FAITH
We, the undersigned MORTGAGOR AND MORTGAGEE hereby jointly and severally swear that we executed the foregoing Chattel Mortgage in order to secure the indeb tedness therein and for no other purpose or purposes contrary to law.
TESS BUZZ
MORTGAGOR TIN 3489302, 01/05/17, Iloilo City
ALLEN A. ELEVADO
MORTGAGEE TIN 2390294, 05/03/17, Iloilo City
SUBSCRIBED AND SWORN to before me, this 28th day of March 2018, affiants
exhibiting to me their Tax Identification Card as shown above below their names as competent evidence of their identities.
ATTY. ABUNDIO A. BACATAN Notary Public for and in the City and Province of Iloilo My Commission No. is 93 Expires on December 31, 2019 Bacatan Law Office, Don Bosco Boys Home, Dumangas, Iloilo Roll of Attorneys No. 30573 PTR NO. 2651863, 01/18/18, Iloilo City IBP NO. 2123, 01/18/18, Iloilo City ’
Doc. No. 4; Page No. 2; Book No. 1; Series of 2018;
