CANCELLATION OF CHATTEL MORTGAGE

KNOW ALL MEN BY THESE PRESENTS:

WHEREAS, by a certain instrument in writing, made and executed at San Carlos City on
January 22, 2020 by MICHAEL DELA TORRE (mortgagee), mortgaged to MORETO CRUZ
(mortgagor), of legal age, Filipino, single, and a resident of San Carlos City, Negros Occidental
for the sum of Two Hundred Fifty Thousand (P250, 000.00) Pesos;

WHEREAS, the mortgagor certify that the above mortgage and the debt secured by such
mortgage are fully paid, and that the mortgage is fully and forever released from the property
described therein;

WHEREAS, the mortgagor release to the person or persons legally entitled thereto all
right, title and interest that the undersigned may have acquired in and to the property by reason
of such mortgage;

NOW THEREFORE, for and in consideration of the above premises, the mortgagee
herein fully and forever release and cancel the said mortgage and authorize the return of the
subject vehicle described therein:

MAKE : TOYOTA MOTOR NO. : BAC 1234578

SERIES : FORTUNER SERIAL/CHASSIS NO.: GMF 123456
TYPE OF BODY: SUV PLATE NO. : FHS 207
YEAR MODEL : 2005 FILE NO. : 98234567

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IN WITNESS THEREOF, the party hereto set his hand this 24 day of January, 2020,
at San Carlos City, Negros Occidental, Philippines.

MICHAEL S. DELA TORRE

Mortgagee

SIGNED IN THE PRESENCE OF:

BETSYROSE D. SY SHIENA UNDANG

WITNESS WITNESS

ACKNOWLEDGMENT

REPUBLIC OF THE PHILIPPINES)

CITY OF SAN CARLOS )s.s.
x- - - -- - - - - - - - - - - - - - - - - - - - - - -x

BEFORE ME, in the City of San Carlos, Negros Occidental, Philippines, this 24th day of
January, 2020, personally appeared;

Name: Valid ID Number Issued on / Issued at

MICHAEL DELA TORRE SSS ID NO. 1242589486 Jan. 20, 20202/ San Carlos City
BETSYROSE D. SY SSS ID NO. 36736785858 Jan. 24, 2020/ San Carlos City
SHIENA UNDANG SSS ID NO. 24785745765 Dec. 12, 2020/ San Carlos City
known to me and to me known to be the persons who executed the foregoing instrument and
acknowledge to me that the same is his voluntary act and deed.

The forgoing instrument, consisting of this page, this acknowledgment is written refers to
CANCELLATION OF MORTGAGE signed by the party and his instrumental witnesses on this
page hereof.

WITNESS MY HAND AND SEAL.

ATTY. MARY GRACE C. SAGARIO

Notary Public
HN. P. 14603-20 Until December 31, 2020
FOR SAN CARLOS CITY, CALATRAVA,
TOBOSO & ESCLANTE
Lot 38, Block 8 Margarita Village, City of San Carlos
(034) 729-4186
IBP No. 968673- ME MEMBER
PTR No. 789865: 01/15/2020 San Carlos City
MCLE CC VIII- 1112425 05/14/2019
Roll No. 98490

Doc. No. 55;

Page No. 8;
Book No.XII ;
Series of 2020.