DEED OF SALE WITH MORTGAGE

KNOW ALL MEN BY THESE PRESENTS:

This DEED OF SALE WITH MORTGAGE, made and executed by and between

(Full name of vendor), Filipino, of legal age, single(or married to

____________________________), with residence and post-office address at
__________________________________________________________________________, hereinafter called
the VENDOR-MORTGAGEE

-and-

(Full name of vendee), Filipino, of legal age, single (or married to

__________________), with residence and post-office address at
____________________________________________________________, hereinafter called the VENDEE-
MORTGAGOR.

WITHESETH
That the VENDOR-MORTGAGEE is the owner in fee simple of a certain parcel
of land together with all the buildings and improvements thereon, situated in
_________________________, his title thereto being evidenced by Transfer (or Original)
Certificate of Title No. ________________________ of the Registry of Deeds of
______________________ which land is more particularly described as follows:

Transfer Certificate of Title No.__________

(Title Description)

That for and in consideration of the sum of _______________________________________

PESOS (PhP______________________________), Philippine currency, of which amount the
sum of ___________________________________ PESOS (PhP_____________________________) has
been paid by the VENDEE-MORTGAGOR and receipt whereof is hereby acknowledged
by the VENDOR-MORTGAGEE, the said VENDOR-MORTGAGEE does hereby SELL,
TRANSFER, and CONVEY unto the said VENDEE-MORTGAGOR the above-described
deal estate together with all the buildings and improvements thereon, free from all
liens and encumbrances whatsoever;

That it is hereby agreed and stipulated that the UNPAID BALANCE of

_____________________________ PESOS (PhP______________________), Philippine currency, of
which amount the sum of __________________________ PESOS (PhP___________________) shall
be paid by the VENDEE-MORTGAGOR to the VENDOR-MORTGAGEE at the latter’s
residence, as follows:

(here state the manner of payment)

 That in order to guarantee the fulfillment of the above obligations, the
VENDEE-MORTGAGOR does hereby MORTGAGE unto the VENDOR-MORTGAGEE, his
heirs and assigns, the real estate hereinabove described, together with all the
buildings and improvements thereon, under the express stipulation that if the said
VENDEE-MORTGAGOR shall well and truly pay or cause to be paid unto the VENDOR-
MORTGAGEE the aforesaid obligations, then this MORTGAGE shall be of no further
force and effect; otherwise, the same shall remain in full force and effect and shall be
enforceable in the manner prescribed by law.

IN WITNESS WHEREOF, the parties hereto have set their hands this _____ day
of ______________, 20_____, in the City of _______________________, Philippines.

(Vendor-Mortgagee) (Vendee-Mortgagor)

With my consent

___________________________________
(Wife, if any)

SIGNED IN THE PRESENCE OF:

_______________________________ _________________________________

ACKNOWLEDGMENT

REPUBLIC OF THE PHILIPPINES)

CITY OF _______________________ )S.S.

BEFORE ME, this _____ day of __________________, 20______ in the City of

____________________, personally appeared:

Name Competent Evidence of Place and Date

Identity Issued
known to me to be the same person who executed the foregoing instrument, and
acknowledged that the same are their free act and deed.

IN WITNESS WHEREOF, I have hereunto set my hand and affixed my notarial

seal on the date and place above written.

NOTARY PUBLIC

Doc. No. _________;

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