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

amended
The City/Provincial Sheriff
City/Province of
_____________, Philippines
S I R:
G R E E T I N G S :
Mortgagee _____________, of legal age, Filipino, (single / married / widow), and a resident of
_____________, Philippines, most respectfully alleges:
1. That on _____________, __Name of Mortgagor-Debtor__, of legal age, Filipino, (single /
married / widow), and a resident of _____________, 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; to secure the payment of loan
in the amount which is shown in the promissory note executed by said Mortgagor-Debtor dated
_____________, a copy of which is hereto attached as Annex B
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 and Promissory Note;
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:
(Technical Description of Property)
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, attorneys 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__.
MORTGAGEE
(VERIFICATION)