HQP-HLF-274 Special Power of Attorney for Sellers

Pag - Ibig SPA for sellers

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HQP-HLF-274
SPECIAL POWER OF ATTORNEY
KNOW ALL MEN BY THESE PRESENTS:
I/WE __________________________________________________________,
Filipino citizen/s, of legal age, single/married, with residence and postal address at
______________________________________________ do hereby name, constitute,
and appoint _________________________, of legal age, single/married, with residence
and postal address at __________________________________________________ to
be my/our true and lawful Attorney-in-Fact for me/us in my/our name, place and stead,
to do and perform the following acts, to wit:
1. To sell, offer for sale and come to an agreement with a buyer who shall pay
the purchase price of the sale through the proceeds of a loan with Pag-IBIG
Fund, and thereafter to sign for me/us and in my/our name the Deed of Sale
and convey ownership over my/our property particularly described as follows:
Situated at ______________________________ and registered under
TCT/CCT No. ____________, Lot No. __________, Block No. __________,
Survey No. __________ of the Registry of Deeds of ___________________
2. To negotiate and come to an agreement with the buyer as part of the terms of
the sale that, in case the purchase price is higher than the loan proceeds with
Pag-IBIG Fund, the buyer shall provide equity to cover the difference.
3. To receive the Letter of Guaranty issued by the Pag-IBIG Fund guaranteeing
that the proceeds of the buyer’s Pag-IBIG Fund housing loan will be paid
directly to the seller; and, pursuant thereto, to receive the check representing
said loan proceeds.
4. To perform other acts and submit other documents that the seller is required
to perform or submit in relation to the housing loan of the buyer.
HEREBY GIVING AND GRANTING unto my said Attorney-in-Fact full power and
authority to do and perform each and every act which may be necessary or convenient,
in connection with any of the foregoing as fully to all intents and purposes as I might or
could do, if personally present and acting in person, HEREBY RATIFYING AND
CONFIRMING all that my said Attorney-in-Fact may also do or cause to be done under
and by virtue of these presents.
IN WITNESS WHEREOF, I have hereunto set my hand this _______ day of
_________, _____ at the Province/City of ______________________________.
With my conformity
____________________________
Attorney-in-Fact

____________________________
Principal

____________No._____________
Date of Issue _________________
Expiry Date __________________

_____________No.____________
Date of Issue _________________
Expiry Date __________________
With marital consent
____________________________

Note: In case of more than one principal, provide space for additional principal/s.

SIGNED IN THE PRESENCE OF:
____________________________

____________________________
(Rev. 00, 08/2014)

ACKNOWLEDGMENT
REPUBLIC OF THE PHILIPPINES)
____________________________) S.S.

BEFORE ME, a Notary Public for and in the _______________________,
Province of _____________________, this ______ day of _____________, _______,
personally appeared the above-named person/s, who has satisfactorily proven to me
his/her/their identity through his/her/their identifying documents written below
his/her/their name and signature, that they are the same person/s who executed and
voluntarily signed the foregoing Special Power of Attorney, duly signed by his/her/their
instrumental witnesses at the spaces herein provided which he/she/they acknowledged
to me as his/her/their free and voluntary act and deed.
The foregoing instrument relates to a Special Power of Attorney consisting of
________ (___) pages including the page on which this Acknowledgment is written, has
been signed on the left margin of each and every page by the parties and the
witnesses.
WITNESS MY HAND AND
_____________, ______, in the
_____________________.

NOTARIAL SEAL, this ______ day
_______________________, Province

of
of

NOTARY PUBLIC

Doc. No. __________;
Page No.__________;
Book No.__________;
Series of __________.

(Rev. 00, 08/2014)