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    Legal Forms - Chattel Mortgage

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    Mitz Francisco
    This document is a deed of chattel mortgage between a mortgagor and mortgagee. The mortgagor owes the mortgagee a sum of money and to secure this debt, the mortgagor conveys ownership of a vehicle described by make, series, type of body, year model, motor number, serial/chassis number and plate number. The obligation is that if the mortgagor repays the debt plus interest within the specified time period, the chattel mortgage becomes null and void, otherwise it remains in full force. Both parties sign the document in the presence of witnesses and it is notarized.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as DOC, PDF, TXT or read online from Scribd

    Legal Forms - Chattel Mortgage

    Uploaded by

    Mitz Francisco
    232 views2 pages
    This document is a deed of chattel mortgage between a mortgagor and mortgagee. The mortgagor owes the mortgagee a sum of money and to secure this debt, the mortgagor conveys ownership of a vehicle described by make, series, type of body, year model, motor number, serial/chassis number and plate number. The obligation is that if the mortgagor repays the debt plus interest within the specified time period, the chattel mortgage becomes null and void, otherwise it remains in full force. Both parties sign the document in the presence of witnesses and it is notarized.

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    Legal Forms.Chattel Mortgage.doc

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    Legal Forms.Chattel Mortgage.doc

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    © Attribution Non-Commercial (BY-NC)

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    This document is a deed of chattel mortgage between a mortgagor and mortgagee. The mortgagor owes the mortgagee a sum of money and to secure this debt, the mortgagor conveys ownership of a vehicle described by make, series, type of body, year model, motor number, serial/chassis number and plate number. The obligation is that if the mortgagor repays the debt plus interest within the specified time period, the chattel mortgage becomes null and void, otherwise it remains in full force. Both parties sign the document in the presence of witnesses and it is notarized.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as DOC, PDF, TXT or read online from Scribd
    Download as doc, pdf, or txt
    232 views2 pages

    Legal Forms - Chattel Mortgage

    Uploaded by

    Mitz Francisco
    This document is a deed of chattel mortgage between a mortgagor and mortgagee. The mortgagor owes the mortgagee a sum of money and to secure this debt, the mortgagor conveys ownership of a vehicle described by make, series, type of body, year model, motor number, serial/chassis number and plate number. The obligation is that if the mortgagor repays the debt plus interest within the specified time period, the chattel mortgage becomes null and void, otherwise it remains in full force. Both parties sign the document in the presence of witnesses and it is notarized.

    Copyright:

    Attribution Non-Commercial (BY-NC)
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    DEED OF CHATTEL MORTGAGE

    KNOW ALL MEN BY THESE PRESENTS:


    WE, _____________________, Filipino citizens, of legal age, single/married to
    ____________________, with residence at ________________ hereinafter known as the
    MORTGAGOR, and _____________________, Filipino citizen, of legal age, single/married
    to ___________________, with residence at ______________________ hereinafter known
    as the MORTGAGEE,
    WITNESSETH:
    That the MORTGAGOR is indebted unto the MORTGAGEE in the sum of
    __________________ (Php______________), Philippine currency, receipt of which is
    acknowledged by the MORTGAGOR upon the signing of this instrument, payable within a
    period of _______________________ years, with interest thereon at the rate of
    _________________ (_____________) per centum, per annum;
    That for, and consideration of, this indebtedness, and to assure the performance of
    said obligation to pay, the MORTGAGOR hereby conveys by way of CHATTEL
    MORTGAGE unto the MORTGAGEE, his heirs and assigns, the following personality now
    in the possession of said MORTGAGOR:
    MAKE
    SERIES
    TYPE OF BODY
    YEAR MODEL

    :
    :
    :
    :

    MOTOR NO.
    SERIAL/CHASSIS NO.
    PLATE NO.
    FILE NO

    :
    :
    :
    :

    That the condition of this obligation is that should the MORTGAGOR perform the
    obligation to pay the hereinabove-cited indebtedness of ________________, 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, the parties have hereunto set their hands, this ____ day
    of ___________ at ________________, Philippines.
    ___________________________
    ___________________________
    Mortgagor

    Mortgagee

    SIGNED IN THE PRESENCE OF:


    ___________________________
    ___________________________

    REPUBLIC OF THE PHILIPPINES )


    CITY OF
    )S.S.
    I, Notary Public for and in the city/ municipality ___________________, do hereby
    certify that _______________________ with CTC No. __________ issued at
    _______________ on _________________, with Tax Account No. _________________ ,
    personally known to me and to me known to be the same persons who executed the
    foregoing instrument which they signed and acknowledged before me as their free and
    voluntary act and deed.

    -2The foregoing instrument relates to a CHATTEL MORTGAGE consists of two (2)


    pages including the page on which this acknowledgment is written and has been signed at
    the bottom and on the lefthand margin of the first page thereof, by the ____________ and
    his instrumental witnesses, and sealed with my notarial seal.
    WITNESS MY HAND AND SEAL.
    Doc. No: ______;
    __________________________________
    Page No: ______;
    Book No. I
    ;
    Series of 2014.

    Notary Public
    Until _________________________
    PTR: _________________________
    IBP: _________________________
    ROLL
    No.

    _________________________

    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
    indebtedness therein specified and for no other purpose or purposes contrary to law.
    ___________________________
    ___________________________
    Mortgagor

    Mortgagee

    REPUBLIC OF THE PHILIPPINES )


    CITY OF OLONGAPO
    )S.S.
    SUBSCRIBED AND SWORN to before me this ______ day of ________________
    at Olongapo City, personally appeared _________________, with CTC NO. ___________
    issued on ______________ issued at _________________, known to me to be the same
    person who executed the foregoing instrument and acknowledged to me that the same is
    her/her free act and voluntary deed.
    WITNESS MY HAND AND SEAL.

    Doc. No: ______;


    __________________________________
    Page No: ______;
    Book No. I
    ;
    Series of 2014.
    _________________________

    Notary Public
    Until _________________________
    PTR: _________________________
    IBP: _________________________
    ROLL
    No.

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