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Petition for Extra Judicial Foreclosure of Real Estate Mortgage under Act 3135 as

amended

The City/Provincial Sheriff


City/Province of
Zamboanga, Philippines

S I R:

GREETINGS:

Mortgagee MANUEL B. SERRANO, of legal age, Filipino, married, and a resident of Barangay
Guiwan, Zamboanga City, Philippines, most respectfully alleges:

1. That on May 11, 2018, CATHERINE T. ENRIQUEZ, of legal age, Filipino, single, and a
resident of Barangay Divisoria, Zamboanga City, Philippines, executed a Real Estate Mortgage
in my favor mortgaging said property described in the Real Estate Mortgage Contract hereto
attached as Annex “A” and forming an integral part hereof;

2. That to the best of my knowledge, the mortgaged property is subject to no prior mortgage or
any lien whatsoever and is now in the possession and full control of the above-named
Mortgagor-Debtor;

3.That the Mortgagor-Debtor defaulted in its obligation under the aforementioned Real Estate
Mortgage Contract;

4.That under the terms and conditions of the Real Estate Mortgage Contract, the Mortgagee is
entitled to foreclose extra-judicially the mortgaged property, which is more particularly described
as follows:

A parcel of land Lot 2100-E-1-A-1-B of the Subd., Plan


Psd-09-059985 being a portion of lot 2100-E-1-A-1, Psd-09-
042759 situated in the Barangay of Divisoria, City of
Zamboanga, Island of Mindanao containing an area of TWO
HUNDRED TWENTY ONE (221) Square Meters, embraced
by Transfer Certificate of Title No. T-203,913;

4.That by the terms and conditions of the Real Estate Mortgage Contract herein-above referred
to, the principal obligation of the Mortgagor which has become overdue as of _____________ is
in the amount of __________________________ (P___________), excluding penalties,
liquidated damages, past due interest, attorney’s fee representing ______% of the total obligation
due, other charges and expenses of foreclosure.

WHEREFORE, I respectfully request you to take possession of the property described in the
aforementioned Real Estate Mortgage and sell the same at Public Auction in accordance with the
provisions of Act 3135 as amended. Please furnish the undersigned and the Mortgagor-Debtor
with copies of your notice of Sale at least ten (10) days before the sale.

_____________, Philippines, __Date__.

MANUEL B. SERRANO
MORTGAGEE

(VERIFICATION)

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