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DEED OF ASSIGNMENT KNOW AtL MEN BY THESE PRESENTS: This DEED oF ASSTGNMENT, made and entered into by and between Filipino, of legal age, single/married, resident of and with ONE (1) ATM CARD with (Name of Bank and Branch) Under Savings/Current Account No, Account Name: postal address 3t , , hereinafter called the ASSIGNOR and ), INC., a private financial institution duly organized and existing under and by viftue of the laws of pnifidpinei, wiin principal place of business at Poblacion, Manolo Fortich, Bukidnon, represented by iii Managei, RONELLE J. PAMA hereinafter called the ASSIGNEE. WIINESSEIH WHEREAS, the ASSIGNOR has been granted certain loan/s, cash advance/s and other credit accommodation/s by the ASSIGNEF and shall be granted additional and other loan/s, cash advance/s and other credit accommodation/s by the ASSIGNEE in the future; WHEREAS, the ASSIGNOR is willing assign in favor of the ASSIGNEE by way of pledge or collateral security to secure the prompt and full payment said loan/s, cash advance/s and other lredit accommodation/s granted by the ASSIGNEE to the ASSIGNOR, as well as those that the ASSIGNEE may hereafter grant or extend to the ASSIGNOR, the following: subject to the following terms and conditions: NOW, THEREFORE,. in_ consideration of the premises and mutual covenants herbin contained, the ASSIGNOR, by way of pledge, delivers to deposi(s with the said ASSIGNEE the afore-mentioned personal property of his/her own exclusive ownership as a collateral security for ttre payments oi loan/s, cash advance/s and other credit accommodation/s granted by tire nSSlGlrtge to tne ASSIGNOR, as well as those that the ASSIGNEE may hereafteigrant or extend to tne rcSfCfrfOn, wherein the ASSIGNOR hereby authorizes the ASSIGNEE, or its authorireO ,epresentative,-io withdraw from Savings Account/Current Account by way of the ATM Card described iOor" unO i'ppiv such withdrawa/s as payment, either partial or full .as the case may be, to the saiO exisiih6 obligation/s of the ASSIGNOR with the ASSIGNEE as well as those that the ASSIGNOR may hereaftei obtain from the ASSIGNEE. 1. That the sald ASSIGNOR shall remain liable for any outstanding batance of the aforcmentioned oblig_ations, existing and those he/she may hereafter be granted, if the ASSIGI{EE is unable to actuafly receive the assigneJ salaries/sum/s for any other cause whatsoever; 2. That ln case ASSIGNEE fails to received his/her satary by reason of dismissat, admlnlstrative charge, suspension or any other iause resulting in th6 withholdlng or fofeiture of salary/benefits, then the ASSTGNEE resirves the rlght to collect from AssrGNoR real propefi/s, ail sum/s or money or cash deposlts -ln any other Bank/o,ffice to pay the unpaid batance ptus the LxpenseJ incurred In the enforcement of such obligation/s;
Transcript
Page 1: This DEED oF and into by and 3t , and ),manoloruralbank.com.ph/wp-content/uploads/2014/02/DOA_withATMPassbook... · affidavit of loss of t}ie said atm card shalt be executed by the

DEED OF ASSIGNMENT

KNOW AtL MEN BY THESE PRESENTS:

This DEED oF ASSTGNMENT, made and entered into by and betweenFilipino, of legal age, single/married, resident of and with

ONE (1) ATM CARD with

(Name of Bank and Branch)

Under Savings/Current Account No,

Account Name:

postal address 3t , , hereinafter calledthe ASSIGNOR and ), INC., a privatefinancial institution duly organized and existing under and by viftue of the laws of pnifidpinei, wiinprincipal place of business at Poblacion, Manolo Fortich, Bukidnon, represented by iii Managei,RONELLE J. PAMA hereinafter called the ASSIGNEE.

WIINESSEIH

WHEREAS, the ASSIGNOR has been granted certain loan/s, cash advance/s and other creditaccommodation/s by the ASSIGNEF and shall be granted additional and other loan/s, cash advance/sand other credit accommodation/s by the ASSIGNEE in the future;

WHEREAS, the ASSIGNOR is willing assign in favor of the ASSIGNEE by way of pledge orcollateral security to secure the prompt and full payment said loan/s, cash advance/s and other lreditaccommodation/s granted by the ASSIGNEE to the ASSIGNOR, as well as those that the ASSIGNEEmay hereafter grant or extend to the ASSIGNOR, the following:

subject to the following terms and conditions:

NOW, THEREFORE,. in_ consideration of the premises and mutual covenants herbin contained,the ASSIGNOR, by way of pledge, delivers to deposi(s with the said ASSIGNEE the afore-mentionedpersonal property of his/her own exclusive ownership as a collateral security for ttre payments oiloan/s, cash advance/s and other credit accommodation/s granted by tire nSSlGlrtge to tneASSIGNOR, as well as those that the ASSIGNEE may hereafteigrant or extend to tne rcSfCfrfOn,wherein the ASSIGNOR hereby authorizes the ASSIGNEE, or its authorireO ,epresentative,-iowithdraw from Savings Account/Current Account by way of the ATM Card described iOor" unO i'ppivsuch withdrawa/s as payment, either partial or full .as the case may be, to the saiO exisiih6obligation/s of the ASSIGNOR with the ASSIGNEE as well as those that the ASSIGNOR may hereafteiobtain from the ASSIGNEE.

1. That the sald ASSIGNOR shall remain liable for any outstanding batance of theaforcmentioned oblig_ations, existing and those he/she may hereafter begranted, if the ASSIGI{EE is unable to actuafly receive the assigneJsalaries/sum/s for any other cause whatsoever;

2. That ln case ASSIGNEE fails to received his/her satary by reason of dismissat,admlnlstrative charge, suspension or any other iause resulting in th6withholdlng or fofeiture of salary/benefits, then the ASSTGNEE resirves therlght to collect from AssrGNoR real propefi/s, ail sum/s or money or cashdeposlts

-ln any other Bank/o,ffice to pay the unpaid batance ptus the LxpenseJincurred In the enforcement of such obligation/s;

Page 2: This DEED oF and into by and 3t , and ),manoloruralbank.com.ph/wp-content/uploads/2014/02/DOA_withATMPassbook... · affidavit of loss of t}ie said atm card shalt be executed by the

Page......TWO (2) Deed of Assignment.

3. THAT SAID ATM CARD SHALT NEITHER BE SOUGHT TO BE REPLACED NORAFFIDAVIT OF LOSS OF T}IE SAID ATM CARD SHALT BE EXECUTED BY THEASSIGI{OR TO THE DRAWEE/DEPOSITORY BANK WITHOUT THE EXPRESS

COI{SENT OF THE ASSIGNEE. THAT FAILURE ON THE PART OF THE ASSIGNORTO SECURE EXPRESS CONSEI{T FROM THE ASSIGNEE IN REPI.ACING SAID ATMCARD OR IN EXECUTING SAID AFFIDAVIT OF IOSS OF ATM CARD, WHILE THISCONTRACT IS STITL ENFORCEABL4 SHALL RENDER THE ASSIGNORCRIMINATLY UABTE OF PERJURY AND SUC}I OTHER CRIMES THAT MAY BEASCRIBED TO IT;

4. That this Assignment shall be irrevocable until the aforementioned obligation/sis/are fully paid.

WITNESS OUR HANDS this

-

day of .2013 at Poblacion, ManoloFoftich, Bukidnon, Philippines.

RURAL BANK OF MANOLO FORTICH (BUK.), rNC.Represented by:

RONELLE '.

PAMA

Date Issued:

AssigneeCTC No: 33438905Date Issued: January 04 2013Issued at Manolo Fortich, Bukidnon

SIGNED IN THE PRESENCE OF:

REPUBLIC OF THE PHILIPPINES )MUNICIPALITY OF MANOLO FORNCH ) S, S.PROVTNCE OF BUKTDNON )

Before me, a Notary Public for the Province/City of Bukidnon this th day ofand RONETLE J. PAMA2013 personally appeared

with their Community Tax Certificate stated above hereof, to me known as the same persons whoexecuted the foregoing DEED oF ASSTGNMENT consisting of one (1) page and signed by theparties acknowledged that same is their own free and voluntary act and deed.

WTTNESS MY HAND AND NOTARI,AL SEAL ON DATE AND PI.ACE ABOVE MENTIONED.

Doc. No.Page No.Book No.Series of 2013.

AssignorCTC No:-

Issued at_


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