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This REAL ESTATE MORTGAGE, made and executed by:

Lawrence Joon Bontuyan, of legal age, single, Filipino citizen and

with residence and postal address at 806 Gerardo Ouano Street,
Mandaue City, Cebu, hereinafter called the MORTGAGOR; and

Racqui Capangan, of legal age, single Filipino citizen and with

residence at 35 Magsaysay Street, Cebu City, hereinafter called the


1. That the MORTGAGOR does thereby convey by way of REAL

ESTATE MORTGAGE the following described real property situated
in Cebu City, together with all the improvements to wit:

“A parcel of land (Lot 2, Block 2 of the subdivision plan (LRC) Psd-

1881, being a portion of Lot 1-B, described on plan Psd-199442,
LRC (GLRO) Rec No. (NA), situated at Topaz Street, Silver Hills
Village, Banilad, Cebu City. Bounded on the N., points 1 to 2 by Lot
1, Block 1; on the E., points 2 to 3 by Road Lot; on the S., points
3 to 4 by Lot 5; and on the W., points 4 to 5 by Lot 6; points 5 to
6 by Lot 4, and points 6 to 1 by Lot 2, all of Block 1, all of the
subdivision plan. Beginning at a point marked “1” on the plan,
being N. 14 deg. 20’E., 40m from Mon. #1 Banilad, Cebu City.

Thence N. 87 deg. 09’E., 13.88 m. to point 2;

Thence S. 3 deg. 14’E., 17.64 m. to point 3;
Thence S. 88 deg. 01’W., 13.22 m. to point 4;
Thence N. 2 deg. 48’W., 2.56 m. to point 5;
Thence N. 4 deg. 05’W., 8.13 m. to point 6;
Thence N. 2 deg. 17’W., 6.55 m. to point of beginning;

containing an area of THREE HUNDRED FIFTY (350) square

meters, more or less. All points refereed to are indicated on the
plan and marked on the ground by P.S. cyl. Conc. Mons. 15 x 60

cm.s; bearing true date of the original survey, December 17, 2000
& February 9-10, 2002.

xxxx xxxx xxxx

Bounded on the S, along line 1-2 by Lot 1111; on the W., along
lines 2-3-4-5-6 by Lot 4444; on the N, along lines 7-8-9 by Lot 999
and on the E., along line 9-1 by Lot 2222 all Cad-D, Cebu Cadastre

xxxx xxxx xxxx.”

2. That this real estate mortgage is given as security for the payment
to the MORTGAGEE of a loan dated November 14, 2017 for the
sum of One Million PESOS (P 1,000,000.00), PROVIDED,
HOWEVER, that if said Lawrence Joon Bontuyan shall pay or cause
to be paid to said Racqui Capangan his heirs or assigns, the said
sum within the period of three (3) years from and after the
execution of this MORTGAGE together with the interest thereon at
the rate of three per centum (3%) per annum, this MORTGAGE
shall be discharged and of no effect; OTHERWISE, it shall remain
in full force and effect and shall be enforceable in the manner
provided for by law.

IN WITNESS WHEREOF, these presents are signed at the City of

Cebu, Philippines, on this 2nd day of December, 2017.

Lawrence Joon Bontuyan Racqui Capangan

Mortgagor Mortgagee


Michael Trapson Jay Hova

Witness Witness


BEFORE ME, this 2nd day of December, 2017 in the City of Cebu,
personally appeared Lawrence Joon Bontuyan, with Philippine Passport
ID No. BT1293811 issued at Department of Foreign Affairs Cebu on
May 12, 2016 and valid until May 12, 2021, and Racqui Capangan with
Philippine Passport ID No. CW39521 issued at Department of Foreign
Affairs Cebu on July 22, 2016 and valid until July 22, 2022, known to
me to be the same persons who executed the foregoing instrument
and acknowledged that the same are their free and voluntary act and

This instrument, consisting of three (3) pages, including the page

on which this acknowledgement is written, has been signed on the left
margin of each and every page thereof by the parties and their
witnesses, and sealed with my notarial seal.

WITNESS MY HAND AND SEAL, at the place and on the date

above written.


Notary Public for
Cebu City, San Fernando, Carcar
Unit 1, XYZ Building,
North Reclamation Area, Cebu City
Appointment No. 123, until Dec. 31, 2017
IBP No. 488130, Cebu City, 01/03/17
PTR No. 268913, Cebu City, 01/04/17
Roll No. 51030
TIN No. 484-849-57
MCLE No. I- 0087662; 9/09/16

Doc. No. 14;

Page No. 66;
Book No. 2;
Series of 2017.