Loan Agreement Olives Alw

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    LOAN AGREEMENT

    WITH REAL ESTATE MORTGAGE

    This Agreement entered into by:

    LALO BANKING CORORATION! " #or$or"tion org"ni%ed "nde&isting 'nder the (")s o* the hi(i$$ines! )ith o**i#es "t ++++ M"ni("To)er! Adri"ti#o St,! M"("te! M"ni(" -herein"*ter re*erred to "s the.CRE/ITOR.0!

    1 "nd 2

    LAN3 AI/AN L, OLI4ES! o* (eg"( "ge! 5i(i$ino! )ith residen#e "t 6nit789! ;< Estr"d" St,! M"("te! M"ni("-herein"*ter re*erred to "s the./EBTOR.0,

    WITNESSETH= Th"t 1

    THE LOAN

    +, At the re>'est o* the /EBTOR! the CRE/ITOR h"d e&tended "

    (o"n to the /EBTOR in the $rin#i$"( s'm o* T)o H'ndred 5i*tyTho's"nd esos -?

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    /ESCRITION O5 ROERTD

    , A #ert"in tr"#t o* ("nd -Lot ?8 B(@

    ;, The /EBTOR d'ring the (i*e o* this mortg"ge sh"(( not se((! (e"se!

    mortg"ge! en#'mber! or other)ise dis$ose o* the ROERTD)itho't the #onsent o* the CRE/ITOR being *irst obt"ined,

    7, The $"rties "gree th"t "(( "#tions 'nder this Agreement sh"(( bebro'ght be*ore the $ro$er #o'rts o* the City o* M"ni("! e"#h $"rtyhereby )"iing "ny other en'e,

    9, The #ondition o* this Mortg"ge is th"t i* the /EBTOR! his heirs!e&e#'tors or "dministr"tors sh"(( )e(( "nd tr'(y $er*orm the *'((ob(ig"tions herein! then this mortg"ge sh"(( be n'(( "nd oid!other)ise it sh"(( rem"in in *'(( *or#e "nd e**e#t,

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    IN WITNESS WHEREO5! the $"rties hereto h"e #"'sed these$resents to be e&e#'ted on the d"te "nd "t the $("#e *irst "boe set*orth,

    By:

     Lem'e( T"n! residentLALO BANKING COR,

      

     L"n% Aid"n L, O(ies

    IN THE RESENCE O5

     Mi#he((e A, 4"(e Cr'%

      S"r"h R, /'terte

     A55I/A4IT O5 GOO/ 5AITH

    We seer"((y s)e"r th"t the *oregoing Mortg"ge is m"de *or the$'r$ose o* se#'ring the LOAN s$e#i*ied "nd de*ined in thisinstr'ment "nd *or no other $'r$ose= th"t the LOAN is " 'st "nd "(idob(ig"tion= "nd th"t this Mortg"ge is not entered into *or the $'r$oseo* *r"'d,

    L"n% Aid"n L, O(ies LALO BANKING COR, -MORTGAGOR0 -MORTGAGEE0

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     ACKNOWLE/GMENT AN/ CERTI5ICATE O5 OATH

    RE6BLIC O5 THE HILIINES 0CITD O5 MANILA 0 S,S,

    BE5ORE ME! this ?7th d"y o* A$ri(! ?8+F in the City o* M"ni("!$erson"((y "$$e"red:

    N"me Com$etent Eiden#e o* Identity ("#e "nd/"te o* Iss'e

    L"n% Aid"n L, O(ies hi(i$$ine "ss$ort M"ni("!  ++?8++

    Lem'e( T"n hi(i$$ine "ss$ort M"ni("!++?8+;

    Mi#he((e A, 4"(e Cr'% /riers Li#ense M"ni("!8?8+<

    S"r"h A, /'terte /riers Li#ense Anti$o(o!8?8+

    @no)n to me be the s"me $erson )ho e&e#'ted the *oregoinginstr'ment! "nd "#@no)(edged th"t the s"me "re their *ree "#t "nddeed,

    IN WITNESS WHEREO5! I h"e here'nto set my h"nd "nd "**i&edmy not"ri"( se"( on the d"te "nd $("#e "boe )ritten,

     

    /o#, No,= K"ye(yn L"t"ge No,= NOTARD 6BLIC *or M"ni("Boo@ No,= Commission Seri"(No, Series o* ?8+F, 6nti( /e#ember +! ?8+F

    Ro(( o* Attorney IB No, 

    TR No, 

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