CANCELLATION OF CHATTEL MORTGAGE

CANCELLATION OF CHATTEL MORTGAGE

KNOW ALL MEN BY THESE PRESENTS:

That KEDSER LOAN SERVICE, a corporation duly organized and existing under the laws of the Philippines with principal place of business at Room 110 Synita Building, Kayang Street, Baguio City; being the MORTGAGEE in that certain document of Chattel Mortgage involving the following personal property, to wit:

MAKE

:

MODEL

:

MOTOR NO.

:

SERIAL NO.

:

DESCRIPTION:

executed by _______________________________________________, MORTGAGOR, for valid consideration, do hereby forever release and discharge the same.

IN WITNESS WHEREOF, KEDSER LOAN SERVICE, has caused these presents to be executed this _____ day of _____________ 200___ at Baguio City, Philippines.

KEDSER LOAN SERVICE

Tin No. _________________

By:

JUANITA C. AYOCHOK

Financial Adviser

Signed in the presence of: __________________________________________

ACKNOWLEDGMENT

REPUBLIC OF THE PHILIPPINES)

DONE IN THE CITY OF BAGUIO) S.S.

BEFORE ME, a Notary Public for and in the City of Baguio, this _____ day of ________________ 200_____, personally appeared:

NAME:

RES. CERT. NO:

DATE:

PLACE:

______________________________________________________________________________

______________________________________________________________________________

______________________________________________________________________________

______________________________________________________________________________

known to me to be the same person/s who executed the foregoing instrument and who acknowledged that the same is his/her/their free act and voluntary deed and deed of the entity he/she/they represent.

WITNESS MY HAND AND SEAL.

Doc. No. _________;

Page No. _________;

Book No. _________;

Series of _________.