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Spa MR

This document is a Special Power of Attorney granting authority to the appointed Attorney-in-Fact to manage property transactions, secure loans, and execute necessary documents on behalf of the Borrower(s) and/or Mortgagor(s). It includes provisions for negotiating loans, transferring property ownership, and handling insurance related to the loans. The document also outlines the responsibilities and powers of the Attorney-in-Fact, including the ability to act in legal matters and manage financial obligations with the Bank.

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0% found this document useful (0 votes)
10 views4 pages

Spa MR

This document is a Special Power of Attorney granting authority to the appointed Attorney-in-Fact to manage property transactions, secure loans, and execute necessary documents on behalf of the Borrower(s) and/or Mortgagor(s). It includes provisions for negotiating loans, transferring property ownership, and handling insurance related to the loans. The document also outlines the responsibilities and powers of the Attorney-in-Fact, including the ability to act in legal matters and manage financial obligations with the Bank.

Uploaded by

namdoam07
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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SPECIAL POWER OF ATTORNEY

REGULAR ACCOUNT

The party(ies), of legal age, duly identified as the Borrower(s) and/or Mortgagor(s) in Schedule “A”, which is made an integral part
hereof, do hereby name, constitute and appoint as the Borrower’s(s’) and/or Mortgagor’s(s’) Attorney-in-Fact, of legal age, and duly
identified in Schedule “A” hereof, to be the Borrower’s(s’) and/or Mortgagor’s(s’) true and lawful Attorney-in-Fact, for and in
the Borrower’s(s’) and/or Mortgagor’s(s’) name(s), place and stead, and for the own use and
benefit to do the following acts and deeds:

To acquire, purchase, request for the substitution of property purchased, and transfer ownership over the property
as specifically described in Schedule “A” hereof (the “Property”).

To apply for, negotiate, and obtain loans and other credit accommodations in my/our names from CHINA BANKING
CORPORATION (referred to as the “Bank”), including the renewal, extension, increase, rollover and/or restructuring thereof in the
principal amount as described in Schedule “A” hereof and under such terms and conditions as may be mutually agreed upon
and to sign, execute, deliver and receive any and all documents required thereunder or related therewith, including but not
limited to the Promissory Note(s), the Deed of Real Estate Mortgage , Disclosure Statements, Amendment to Real Estate
Mortgage, Letter of Conformity, Letter/Deed of Undertaking, Affidavit of Consent, Loan Application, Automatic Debit Authority and
the like including the renewals/extensions/amendments/supplements thereof, to effectuate such powers.

To secure and guarantee the payment of the loans, indebtedness or credit accommodations, now existing or which may hereafter
be granted by the said Bank to us or any one of us and/or (the “Borrower”), including the renewals, extensions, increases, rollovers
and/or restructuring thereof, by means of mortgage, any form of security arrangements, assignment or any other form of
encumbrance upon any and all of my/our properties, real, personal or mixed, of any kind whatsoever and wheresoever situated,
or any interest therein, conjugal or exclusive, including but not limited to my/our Property, more particularly described in
Schedule A hereof, for such amounts and under such terms and conditions or covenants as my/our said Attorney-in-Fact shall
deem fit, proper and reasonable; and to sign, execute and deliver any and all documents that may be required thereunder,
including but not limited to real estate mortgages, amendments to mortgages, chattel mortgages, security agreements, deeds of
assignments, dacion en pago, and the like, as well as any related documents thereto, including the amendments/supplements
thereto, to effectuate the foregoing powers.

For the purpose of the powers mentioned in Paragraph above, to transfer and convey by way of mortgage in favor of the
Bank my/our Property under such terms and conditions as usually imposed by the Bank in which there may be included, among
others, the appointment of the mortgagee as my/our Attorney-In-Fact, with full power and authority of substitution for purposes of
extrajudicial foreclosure and to execute the appurtenant deed of sale and/or such other documents as may be necessary in the
premises, all in accordance with the provisions of Act. No. 3135, as amended, and Section 78 of Republic Act. No. 337; to
enter upon and take possession of the premises without formality, and to sell and dispose of the same to the highest bidder for
cash at public auction, and to take such other actions with respect to the Property as may be necessary for extrajudicial and
judicial foreclosure, also in accordance with the provisions of Act No. 3135, as amended, and Section 78 of Republic Act. No. 337.

To agree and bind me/us as surety/co-maker for any and all loans, indebtedness or credit accommodations now existing or
ERICKA JANE A. CUYA and SPS. MANOLITO M. CUYA & YOLANDA A. CUYA
which may hereafter be granted to ____________________________________________________________________________
________________________________________________________________________________________________________
(the “Borrower”), or either of them may obtain from the Bank, as well as the renewals, extensions, increases, roll-overs, and/or
restructuring in whole or in part thereof, and to sign, execute and deliver any and all documents required thereunder or
related therewith, including but not limited to surety agreements, and the like to effectuate such powers.

To obtain a facility from the Bank in such amount as may be necessary to pay for the insurance policy such as but not limited to
mortgage redemption, credit life insurance and fire insurance policy, procured in connection with my/our loans, indebtedness
and credit accommodations, and to sign, execute and deliver applications forms, contracts, documents and agreements, as
may be necessary or proper in connection with the facility to be obtained at such terms and conditions as the appointed
Attorney-in- Fact may, in his/her discretion, deem to be in the Principal/s' best interest and to claim and receive from the Bank any
and all documents in relation to the insurance policy procured and/or facility obtained.

To indicate, confirm and instruct the Bank on the mode of payment for all my/our loans, indebtedness, cred accommodations
and any other obligations with the Bank, including but without limitation, the authority to automatically debit from the
Account described in the Automatic Debit Arrangement Form or Uniform Loan and Mortgage Agreement executed by the
undersigned and/or the appointed Attorney-in-Fact, for any and all payments / amounts which may be due from the Principal/s.

To claim, receive and accept the proceeds of my/our loans and other credit accommodations with the Bank, whether in cash or in
manager’s checks, and other modes of release of proceeds as may be determined by the Bank, with full authority to deposit,
endorse or encash the same.

To open, maintain, and operate , under the name(s) of borrower(s), in Philippine Currency, with the
Bank, with authority to execute debit arrangements from said account(s) to pay the agreed installments or amortizations
under my/our loans and other credit accommodations and to avail of the Bank’s online facilities.

To authorize the Bank and/or any of its employees to transact with any government agency(ies) and/or any third party(ies) for
the payment of any taxes, penalties, fees and charges (such as but not limited to realty tax, capital gains, creditable withholding
tax, documentary stamp taxes), to receive the Certificate Authorizing Registration (CAR), transfer and/or reclassification of the
necessary tax declaration(s), and to file and/or request for the conversion of the title covering the Property to electronic title (e-
Title) from the concerned Register of Deeds.

To cancel any lien / encumbrance such as but not limited to Sec. 4, Rule 74 of the Revised Rules of Court (Heirs' and / or Creditors'
Lien), Sec. 7 of Republic Act No. 26 (An Act Providing A Special Procedure For The Reconstitution of Torrens Certificates of
Title Lost or Destroyed), and/or prior mortgage annotations, if any.

To execute any declaration, confirmation or clarification with respect to my/our loans and other credit accommodations, and the
Property such as but not limited to a change in certificate of title number, registered owner(s) of the Property, and other details.

Page 1 of 4 CLG-037B (01-24) TMP


13. To receive all correspondences of whatever kind and nature pursuant or relative to any loan and collateral documents executed with
said Bank, including notice of extrajudicial or judicial actions, sent either personally or by mail of email, facsimile or other electronic
means of transmission, to the address(es) indicated in Schedule “A” hereof and/or to my/our email address and/or to the email
address of my/our Attorney-in-fact, and the mere act of sending any correspondence by mail or personal delivery to the said
address(es) and/or email address(es), shall be valid and effective notice to me/us, for all legal purposes, and the fact that any
communication is not actually received by me/us and/or Attorney-in-fact or that it has been returned to the BANK unclaimed, or that
no person was found at the address(es) given or that the address(es) is/are fictitious, or cannot be located , shall not excuse or
relieve me/us from the effect of such notice.

14. To do and perform any and all acts necessary for the faithful execution of the foregoing acts and deeds.

This Special Power of Attorney may be revoked only by notice in writing signed by me/us, delivered to and actually received by the Bank
but will not affect transactions entered/executed by my/our Attorney-in-Fact prior to its revocation.

HEREBY GIVING AND GRANTING unto my/our said Attorney-in-Fact full powers whatsoever requisite or proper to be done in or about
the premises, and hereby ratifying and confirming all that my/our said Attorney-in-Fact shall do or cause to be done by virtue of these
presents.

All agreements/terms and conditions contained on the reverse side of this document have been read and understood and are hereby
also confirmed/conformed to by the Party(ies) involved even without the signature(s) thereon.

IN WITNESS WHEREOF, I/we have hereunto set my/our hand/s on _______________________ at ____________________________.

BORROWER(S) / MORTGAGOR(S)

All signatures have been


MANOLITO M. CUYA verified

Signature(s) Over Printed Name(s)

ATTORNEY-IN-FACT

ERICKA JANE A. CUYA


Signature Over Printed Name

In case of purchase of parcel(s) of land with or without improvement where the spouse is foreigner:

SPOUSE

N/A

Signature Over Printed Name

ATTORNEY-IN-FACT

N/A

Signature Over Printed Name

Signed in the presence of:

WITNESS WITNESS

Signature Over Printed Name Signature Over Printed Name

Page 2 of 4 CLG-037B (01-24) TMP


ACKNOWLEDGMENT

Republic of the Philippines)


_____________________ ) S.S.

BEFORE ME, a Notary Public for and in the above jurisdiction this _____ day of ________________, 20____, personally appeared:

Competent Evidence Community Tax Date and Place of


Name TIN
of Identity and No. Certificate Number Issue (CTC)

MANOLITO M. CUYA Passport No. P6637189A Valid Until 4/2/2028

ERICKA JANE A. CUYA Passport No. P6032687C Valid Until 11/24/2033

personally known to or identified by me to be the same person/s who executed the foregoing instruments, including the attached
Schedules and he (she/it/they) acknowledged to me that his (her/its/their) signatures on the instrument was/were voluntarily affixed for
the purposes stated therein, that the same is his (her/its/their) own free and voluntary act and deed and he (she/it/they) was/were duly
authorized to sign for the person/s or corporation/s herein represented, and he (she/it/they) further made oath as to the truth of the
representations and warranties thereof.

IN WITNESS WHEREOF, I have hereunto set my hand and affixed my notarial seal on ______________________, in the above
jurisdiction.

Doc No. ____________


Page No. ____________
Book No. ____________
Series of ____________

Page 3 of 4 CLG-037B (01-24) TMP


SCHEDULE “A”
BORROWER(S) & MORTGAGOR(S)
Name Civil Status Nationality
MANOLITO M. CUYA
Single Married Separated Filipino
Address
Address Abroad: Weinsteige 8/1 97980 Bad Margentheim, Germany
Local Address: 189, Tadlac St., Brgy. Tadlac Alitagtag, 4205 Batangas City

ATTORNEY-IN-FACT
Name Civil Status Nationality
ERICKA JANE A. CUYA Filipino
Single Married Separated
Address

222 Lukban St., Sta Clara District, 1300 Pasay City

Name Civil Status Nationality


N/A
Single Married Separated N/A

Address

N/A

Name Civil Status Nationality


N/A N/A
Single Married Separated
Address

N/A

DESCRIPTION OF PROPERTY

REGISTERED OWNER(S)
LOCATION OF PROPERTY(IES)
Current Upon Transfer
Unit No. 1201, The Camden Place, Dominga Street, cor. Villareal, DMCI Project Developers, Inc. Ericka Jane Absalon Cuya, and
Barangay 730, Malate, Manila Spouses Manolito Maranan Cuya and
Yolanda Absalon Cuya,
and Eireen Joy EJ Absalon Cuya

BORROWER(S) / MORTGAGOR(S)

MANOLITO M. CUYA

Signature(s) Over Printed Name(s)

Signed in the presence of:

WITNESS WITNESS

Signature Over Printed Name Signature Over Printed Name

Page 4 of 4 CLG-037B (01-24) TMP

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