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- 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-in-
- fact 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 ).
- 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
- 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. of the Registry of
- Deed for such property being free of any lien or encumbrances.
- 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
- 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______
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