Form No. 4--Release of Real Estate Mortgage

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(Release of Real Estate Mortgage)

RELEASE OF MORTGAGE

KNOW ALL MEN BY THESE PRESENTS:

I, _____________, of legal age, Filipino, (single / married / widow), and a resident of _____________, 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 full amount of __________________________ (P__________), 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 Original/Transfer Certificate of Title No _____________ of the Registry of Deeds of _____________, situated in the City/Municipality of _____________ with an area of _____________ (________) square meters, more or less.

IN WITNESS WHEREOF, I have hereunto set my hand, this _____________ at _____________, Philippines.

Mortgagee

SIGNED IN THE PRESENCE OF:

_________________ _______________

(ACKNOWLEDGMENT)