CHATTEL MORTGAGE
KNOW ALL MEN BY THESE PRESENTS:
This CHATTEL MORTGAGE, made and entered into by and between-
TESS 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 duly
organized under the laws of the Philippines, with principal office at 302 Roosevelt Avenue, San
Francisco Del Monte, Quezon City, Metro Manila, represented by its Jaro, Iloilo City Branch
Manager JURY JASON B. JUNSAN, hereinafter known as the 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 (3) years, with interest thereon at the rate of 10 % 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 : 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 of this obligation is that should the MORTGAGOR perform the
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, the parties have hereunto set their hands, this 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 TIN Date/Place Issued
TESS BUZZ 3489302 January 5, 2017/ Iloilo City
ALLEN A. ELEVADO 2390294 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 indebtedness
therein and for no other purpose or purposes contrary to law.
TESS BUZZ ALLEN A. ELEVADO
MORTGAGOR MORTGAGEE
TIN 3489302, 01/05/17, Iloilo City 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;
