Special Power Of Attorney printable pdf download

SPECIAL POWER OF ATTORNEY

KNOW ALL MEN BY THESE PRESENTS:

I/We, _______________________________________________, of legal age, ___________, ______________ citizen with postal address at

__________________________________, do hereby name, constitute and appoint

______________________________________, of legal age,

_____________, __________ citizen, residing at ___________________________________________ whose specimen signature appears below, to be my true

and lawful Attorney-in-fact, for me and in my name, place and stead, and for my own use and benefit to do the following acts and deeds:

To acquire a property located at _____________________________________________________________ presently registered under the name of

__________________________, and covered by OCT/TCT/CCT No. _________________ of the Registry of Deeds of _______________, and to be registered

and transferred in the name/s of _______________________________________________________.

2. To apply for, negotiate, and obtain a loan from BDO UNIBANK, Inc (“the Bank”) in the principal amount not exceeding

PESOS:

_________________________________________________ (Php ______________________) ONLY, Philippine Currency, (the “Loan”), at such terms and

conditions as may be agreed with the Bank:

To encumber or assign and convey by way of FIRST MORTGAGE unto the Bank, its successors and assigns my property/ies located at

________________________________________________________ presently covered by OCT/TCT/CCT No. ______________________ now registered under

the

name

___________________________________

and

registered

and

transferred

the

name/s

________________________________________________________________ , as per attached photocopy of title as security for the prompt payment of the said

LOAN, including its renewals, extensions, rescheduling, restructuring, reavailments or amendments thereof:

Technical Descriptions:

Location

Area in sqm.

TCT/ CCT No. &

Registered Owner

Registry of Deeds

_____________________________________

To be transferred under the name of

sqm.

__________________________________________

_____________________________________

To be transferred under the name of

sqm.

__________________________________________

4. To indicate, confirm and instruct the Bank on the mode of payment for my/our above Loan, including without limitation, the authority to automatically debit from

my <savings/current> account with the Bank’s __________________ Branch under Account No. __________________ (the “Account”) for any and all

payments/amounts which may be due from me/us under the said Loan, as my attorney-in-fact may deem appropriate or necessary;

5. To make, sign, execute, and deliver contracts, documents, agreements, and other writings of whatever nature or kind, such as but not limited to Promissory

Note(s), the Deed of Real Estate Mortgage / Mortgage Loan Agreement, Deed of Undertaking, Automatic Debit Authority and all other documents (including

without limitation, the enrollment form for any Mortgage Redemption Insurance or other bond/insurance requirements and/or any renewal thereof, and such

warranties, representations and undertakings in relation to the condition of the foregoing property and the delivery of title over the same to the Bank, free and

clear from any liens and encumbrances), with the Bank any and all third persons, concerns, or entities, as may be necessary or proper in connection with the

foregoing upon the terms and conditions as my said Attorney-in-fact may, in his / her discretion, deem to be in my best interest:

To duly receive on our behalf the proceeds of the said Loan as well as legal notices or processes directed to me in the event of foreclosure or other

satisfaction of the suit premised on the Deed of Real Estate Mortgage / Mortgage Loan Agreement or any other document, warranty, agreement to be executed by

my Attorney-in-fact in favor of the Bank as security for the aforesaid Loan:

7. To claim from the Bank, upon full payment of the credit accommodations / facilities for which my property stands as collateral, the Owner’s Duplicate Copy of

title aforementioned.

8. To obtain a facility from the Bank in such amount as may be necessary to pay for the insurance policy such as but not limited to mortgage redemption

insurance and fire insurance policy, procured in connection with the Loan, and enroll my deposit account maintained with the Bank for the prompt payment of the

facility.

9. To sign, execute and deliver application forms, contracts, documents, and agreements, as may be necessary or proper in connection with the facility to be

obtained and enrollment of my deposit account at such terms and conditions as my said Attorney-in-fact may, in his/her discretion, deem to be proper, and to

claim and receive from the Bank any and all documents in relation to the insurance policy procured, facility obtained and enrolled deposit account.

10. To do and perform any and all acts necessary for the faithful execution of the foregoing acts and deeds.

HEREBY GIVING AND GRANTING unto my said Attorney-in-fact full power and authority to do and perform all and every act and thing whatsoever

requisite and necessary to be done in and about the premises, as fully to all intents and purposes as I might or could lawfully do if personally present, and hereby

ratifying and confirming all that my said attorney-in-fact has done, shall lawfully do or cause to be done by virtue of these presents.

This Special Power of Attorney shall be valid and subsisting and shall remain in full force and effect unless otherwise revoked or amended by me in

writing and duly served upon the Bank.

IN WITNESS WHEREOF, I have hereunto set my hand this day of _________________ at _______________________.

____________________________________

__________________________________

Grantor/Principal

________________________________________

Attorney-in-Fact

SIGNED IN THE PRESENCE OF:

ACKNOWLEDGMENT AND CERTIFICATE OF OATH

REPUBLIC OF THE PHILIPPINES) S.S.

____________________________ )

BEFORE ME, a Notary Public for and in the above jurisdiction personally appeared:

Name

Competent Evidence of Identity

Date & Place Issued

Personally known to or identified by me to be the same person/s who executed the foregoing instrument and he / she / they acknowledged to me that their

signature on the instrument was voluntarily affixed for the purposes stated therein, the same is his / her / their own free and voluntary act and deed and they were

duly authorized to sign for the person/s or Corporation/s herein represented, and he / she / they further made oath as to the truth of the representation and

warranties thereof.

This instrument consisting of _________ (___) pages, including this page on which the Acknowledgment is written, has been signed by the party and their

instrumental witnesses on each and every page thereof and relates to a Special Power of Attorney granted in favor of _____________________.

WITNESS MY HAND AND NOTARIAL SEAL on this day of ______________________________ at ____________________________________

Doc. No. _____________;

Page No. _____________;

NOTARY PUBLIC

Book No. _____________;

Series of _____________;