About this document

TEMPLATE - Chattel Mortgage For Payment of Loan by jadeandal1111 is a document available to read on EtoBox.

This Chattel Mortgage is an agreement between Juan dela Cruz (MORTGAGOR) and Michael Rodriguez (MORTGAGEE) where the MORTGAGOR secures a loan of Php 100,000 with a 2017 Honda Civic as collateral. The MORTGAGOR cannot dispose of the property without consent from the MORTGAGEE, who has the authority to sell the property if the loan is not repaid. The Mortgage remains in effect until the loan is fully paid, after which the MORTGAGEE will acknowledge the termination of the Mortgage and release the property.

Author

jadeandal1111

Language

EN