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DACION EN PAGO DEED OF ASSIGNMENT

REAL ESTATE MORTGAGE


KNOW ALL MEN BY THESE PRESENTS:
This Dacion En Pago Deed of Assignment of Real Estate Mortgage,
made and entered into this ___ day of ____, in the City of Trece Martires, by
and between:

KATRINA M. IPAC, of legal age, Filipino citizen, married to


________________________, of legal age, Filipino citizen, with residence and
postal address at Silang, Cavite, hereinafter referred to as the
ASSIGNOR/MORTGAGOR;

-And-

MARIPAZ T. MORALTA, of legal age, Filipino citizen, with residence


and postal address at Daine, Indang, Cavite, hereinafter referred to as the
ASSIGNEE/MORTGAGEE;

-WITNESSETHWHEREAS, the ASSIGNOR/MORTGAGOR is the registered owner of


one Condominium Unit located at ___________________________ with an area of
Forty Eight (48) Square Meters covered by Condominium Unit of Title No.
CCT-10747, and more particularly described as follows:
Condominium Unit of Title No. CCT-10747
Grand Quarter 2-4th Floor Level-Unit F, 1 Bedroom Unit with an area of
Forty Eight (48) Square Meters
WHEREAS ,That the ASSIGNOR/MORTGAGOR is indebted to the
ASSIGNEE/MORTGAGEE in the sum of One Million Five Hundred Sixty
Thousand Pesos ( 1,560,000.00), Philippine Currency and in full
payment and complete satisfaction thereof hereby ASSIGN, TRANSFER and
CONVEY unto the ASSIGNEE/MORTGAGEE that certain real estate with all
the buildings and improvements thereon, situated in ____________________,
That the ASSIGNEE/MORTGAGEE does hereby accept this assignment
in full payment of the above-mentioned debt of One Million Five Hundred
Sixty Thousand Pesos ( 1,560,000.00), Philippine Currency.
IN WITNESS WHEREOF, the parties have signed this Deed on this ___
day of ____ at __________________________________________.

KATRINA M. IPAC
ASSIGNOR/MORTGAGOR
GIID. No.: ____________________________
____________________________

MARIPAZ T. MORALTA
ASSIGNEE/MORTGAGEE
GIID. No.:

Signed in the presence of:


_________________________________________
_________________________________________
ACKNOWLEDGEMENT
Republic of the Philippines)
Province of Cavite
) S.S
Trece Martires City
)
BEFORE ME, a notary for and in Trece Martires City, Cavite, personally
came and appeared
the above-named persons with their
competent
proof of identifications above-indicated known to me and to me known to
be the same persons who executed the foregoing Dacion En Pago (Deed of
Assignment of Real Estate Mortgage and acknowledged to me that the same
is their free and voluntary act and deed.
The foregoing document consist of Two (2) pages, including this page
containing the
acknowledgement, signed by the parties and their
witnesses .
WITNESS MY HAND AND SEAL, on this ___ day of ___
Martires City Cavite .

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at Trece