IRREVOCABLE SPECIAL POWER OF ATTORNEY
KNOWN ALL MEN BY THESE PRESENTS:
I,
, Filipino, of legal age, married, and with residence address
do hereby name,
constitute and appoint my wife,
, Filipino, of legal age, married and with residence address at
______________ (whose signature appears herein below and which signature I now hereby attest to be true, genuine
and authentic), to be my true and lawful Attorney-in-fact, for me/us and in my/our name, place and stead, to do, and
perform the following special powers, to wit:
1.
To borrow/obtain loan, from time to time, from the BANK OF THE PHILIPPINE ISLANDS/BPI
FAMILY SAVINGS BANK, INC. /BPI DIRECT SAVINGS BANK, INC./BPI INTERNATIONAL FINANCE
LTD., (hereinafter referred to as the (“BANK”), in such sum/s of money as in the judgment of my/our Attorney-infact hereinafter authorized, provided that the aggregate amount of such borrowing(s), pursuant to this Special Power
of Attorney, shall not at any time exceed the sum of PESOS :
(P
).
Philippine Currency.
2.
To sign, execute and deliver to the BANK, SINGLY, the Note/s, loan of credit agreement (s) or such other
instruments evidencing my indebtedness for the monies so borrowed, or to be borrowed with interest thereon and
said Attorney-in-fact is empowered to sign, execute and deliver, SINGLY, renewals, extensions, supplements,
modification and/or amendments of said note(s), loan or credit agreement(s) or such other instruments from time to
time.
3.
As security for the prompt payment of the loan, any other obligations due to the Bank and the proper
performance of all covenants and agreements in connection therewith, to transfer, assign and convey by way of
FIRST MORTGAGEE unto the bank, its successors and assigns the following real property/ies.
TCT NO.
(type technical description here)
of which we are about to purchase as evidenced by Transfer Certificate of Title No.
Deed for
such property being free of any lien or encumbrances.
of the Registry of
4.
To grant, transfer or assign to the BANK as security for any note(s) or credit/loan covering my
indebtedness to the BANK, my deposit/placement maintained with the said BANK, or with any of the BANK’s
affiliates or subsidiaries or with any member of the Bank of the Philippine Islands (BPI) Unibank, more particularly
described as BPI FAMILY SAVINGS BANK; and to sign, execute and deliver to the BANK, SINGLY, any and all
grants, transfers, instruments that may be necessary to implement the authorization herein granted;
5.
To grant, transfer or assign to the BANK as security for any note(s) or credit/loan covering other
indebtedness of any third person, party or entity to the BANK, my deposit/placement maintained with the said
BANK, or with any of the BANK’s affiliates or subsidiaries or with any member of the Bank of the Philippine
Islands (BPI) Unibank, more particularly described as BPI FAMILY SAVINGS BANK; and to sign, execute and
deliver to the BANK, SINGLY, any and all grants, transfers, instruments that may be necessary to implement the
authorization herein granted;
6.
This Irrevocable Special Power of Attorney is coupled with interest being one of the requirements and
considerations of the BANK for the granting of the loan to me/us. It is agreed that this Irrevocable Special Power of
Attorney shall not be revoked or cancelled without the prior written consent of the BANK.
HEREBY GIVING AND GRANTING unto my said Attorney-in-Fact full power and authority to do and
perform any and every act and thing whatsoever requisite, necessary or proper to be done in and about the premises
as I/We might or could do if personally present and acting in person; and
HEREBY RATIFYING AND CONFIRMING all that my/our said Attorney-in-Fact shall lawfully do and
cause to be done under and by virtue of these presents.
IN WITNESS WHEREOF, I have hereunto set my hand at ________________ on this
__________________ day of ________________.
With my Marital Consent
______________________________
______________________________
(Principal)
(Spouse of Principal)
________________________________
Specimen Signature of the
Attorney-in-Fact
SIGNED IN THE PRESENCE OF:
_____________________________
WITNESS
______________________________
WITNESS
ACKNOWLEDGEMENTS
REPUBLIC OF THE PHILIPPINES)
_____________________________) SS
BEFORE ME, personally appeared:
Name
-------
Comm Tax Cert Nos. Date/Place Issued Gov’t Issued ID
-------------------------- ---------------------- -------------------
Place & Date of Issue
---------------------------
Who is/are personally known to me and to me known to be the same person/s who executed the foregoing
document and exhibited to me the above Community Tax Certificate(s); and/or was/were identified by me through
competent evidence of identity, to be the same person(s) in the foregoing document who exhibited to me the above
ID(s). It was acknowledged to me that the execution of this document is the free and voluntary act and deed of said
person(s), as well as the free and voluntary act and deed of the entity(ies) represented and that said persons have the
authority to sign in behalf of the entity(ies).
The foregoing document is an Irrevocable Special Power of Attorney which consists of _________ (_____) pages
including the page whereon this Acknowledgment is written. This Acknowledgment forms an integral part of the
said document.
WITNESS MY HAND AND SEAL this ____________ day of _____________, in __________.
NOTARY PUBLIC
My Commission Expires on ________________
Commission Serial No.____________________
Place of Commission______________________
Office Address___________________________
Roll No._______________ IBP No.__________
PTR No.__________ Place________ Date______
Doc. No._______;
Page No._______;
Book No._______;
Series of _______.