Section 127
SEC. 127. Deeds, conveyances, mortgages, leases, releases, and discharges affecting lands, whether registered under this Act or unregistered, shall be sufficient in law when made substantially in accordance with the following forms, and shall be as effective to convey, encumber, lease, release, discharge, or bind the lands as though made in accordance with the more prolix forms heretofore in use: Provided, That every such instrument shall be signed by the person or persons executing the same, in the presence of two witnesses, who shall sign the instrument as witnesses to the execution thereof, and shall be acknowledged to be his or their free act mid deed by the person or persons executing the same, before the judge of a court of record or clerk of a court of record, or a notary public, or a justice of the peace, who shall certify to such acknowledgment substantially in the form next hereinafter stated: 1. Form of acknowledgment by person executing deed of conveyance, Mortgage, lease, release, or discharge affecting land. United States of America, Philippine Islands. Province of (or city of Manila) ________________________ At the municipality of _________________________________, in said province, on this ______________________ day of ___________________________, A. D. 19 ______, personally appeared _____________________________________, known to me to he the same person (or persons) who executed the foregoing instrument, and acknowledged that the same is his (or their) free act and deed. Before me _______________________________________ (Notary public or other official as the case may be.) 2. Deed of land registered under this Act. I, ______________________________, of _____________________________________, in the Province of ___________________________, in the Philippine Islands, in consideration of ______________________________________________ dollars, to me paid by ___________________________, of ____________________________, in the Province of _____________________________________, in the Philippine Islands, do hereby sell and convey to said _______________________________ and his heirs and assigns that parcel of land, together with all the buildings and improvements thereon, situated in the municipality of ______________________________, and Province of ____________________________, in the Philippine Islands, bounded and described as follows there insert boundaries and description), of which land I am the registered owner in accordance with the provisions of the Land Registration Act, my title thereto being evidenced by Certificate Number ________________________ in the land records of said province. In witness whereof. I have hereunto signed my name on this __________________________ day of _____________________________, A. D. 19 ______ Signed in the presence of: ______________________________________ ______________________________________ (To be followed by acknowledgment according to Form 1.) 3. Deed of land not registered under this Act. without covenants of warranty. I, ________________________________, of _________________________________________, in the Province of _____________________, in the Philippine Islands, in consideration of ________________________________ dollars, to me paid by ________________________________of _____________________________, in the Province of ________________________________, in the Philippine Islands, do hereby sell and convey to the said ____________________________, his heirs and assigns, that parcel of land, together with all the buildings and improvements thereon, situated in the municipality of ________________________________________, in the Province of _________________________________ in the Philippine Islands, bounded and described as follows (here insert boundaries and description). In witness whereof. I have hereunto signed my name, on this __________________________ day of ______________________, A. D. 19___ Signed in the presence of: ______________________________________ ______________________________________ (Acknowledgment.) 4. Deed of land not registered under this Act, with, covenants of warranty. I, ________________________________________, of __________________________________, in the Province of ___________________________in the Philippine Islands, in consideration of _______________________________ dollars, to me paid by _____________________________, of ______________________________________ in the Province of __________________________ in the Philippine Islands, do hereby sell and convey to the said ______________________________________, his heirs and assigns, that parcel of land, together with all the buildings and improvements thereon, situated in the municipality of _________________________________________, in the Province of ____________________________, in the Philippine Islands, bounded and described as follows (here insert boundaries and description); and the said _________________________ (seller) does hereby covenant and agree with the said _____________________________ (purchaser) that he is lawfully seized in fee of said premises, that they are free from all incumbrances, that he has a perfect right to convey the same, and that ho will warrant and forever defend the same unto the said ________________________________________ (purchaser), his heirs and. assigns, against the lawful claims of all persons whomsoever (or insert other covenants, whatever they may he). In witness whereof, etc. _______________________________________ Signed in presence of: ______________________________________ ______________________________________ (Acknowledgment.) 5. Mortgage of land registered under this Act. I, __________________________________, of __________________________________, in the Province of ______________________________ in the Philippine Islands, in consideration of ________________________________________ dollars, to me paid by _______________________________, of _________________________________ , in the Province of __________________________________, in the Philippine Islands, do hereby, by way of mortgage, convey to the said _____________________________________, his heirs and assigns, that parcel of land, together with all the buildings and improvements thereon, situated in the municipality of _______________________________, in the Province of _________________________________in the Philippine Islands, bounded and described as follows (here insert boundaries and description), of which land I am the registered owner, in accordance with the provisions of the Land Registration Act, my title thereto being evidenced by Certificate Number ________________, in the land records of said province; provided, nevertheless, That if I, the said ______________________________ (mortgagor) shall duly pay, or cause to he paid, to the said __________________________ (mortgagee) my certain promissory notes of this date by me signed, and payable to the said ___________________ (mortgagee), all dated on this date, each for the sum of ___________________________________ dollars, and payable in one, two, and three years from date (or otherwise, as the case may be), with lawful interest, then this mortgage shall be thereby discharged and of no further effect, otherwise it shall remain in full force and be enforceable in the manner provided by law. In witness whereof, etc. Signed in the presence of: ______________________________________ ______________________________________ (Acknowledgment.) 6. Mortgage of land not registered under this Act. This mortgage may be in the same form as that prescribed in Form No. 5, but omitting that portion of Form No. 5 which describes the land as registered under the Land Registration Act, and including such covenants, of warranty as the parties may agree upon. 7. Discharge of mortgage of land registered tender this Act. I, ______________________________________, of _______________________________, in the Province of ___________________________, in the Philippine Islands, mortgagee of the land embraced in Certificate Number _________ in the land records of the Province of __________________________, by virtue of a mortgage executed by _______________________________, of _____________________________________, in the Province of ___________________________, in the Philippine Islands, on the _____________________________________ day of ____________________19 ____, having received the full consideration named as the condition of said mortgage, do hereby forever relcase and discharge the same. In witness whereof, etc. Signed in the presence of: ______________________________________ ______________________________________ (Acknowledgment.) 8. Discharge of Mortgage of land not registered under this Act. The discharge in this case may be as in Form No. 7, varying the description of the mortgage to suit the facts. 9. Lease of land registered under this Act. I, ____________________________________, of _________________________________, in the Province of ___________________________, in the Philippine Islands, in consideration of the agreements hereinafter contained, do hereby lease unto ________________________________, of ________________________, in the Province of _________________________________, in the Philippine Islands, and his assigns (if the lease is to be assignable), that parcel of land, together with the buildings and improvements thereon, situated in the municipality of ________________________________ in the Province of ______________________________________ in the Philippine islands, bounded and described as follows (here insert boundaries and description), of which land I am the registered owner, in accordance with the provisions of the Land Registration Act, my title thereto being evidenced by Certificate Number _____________ in the land records of said province, for the period of ____________________ years from this date. And I, the said lessee, in consideration of this lease, do hereby promise, for myself and my heirs and assigns, that I will cause to be paid to the said _____________________________ (lessor), an annual rental (or monthly rental) of ______________________________________ dollars per year (or per month, as the case may be) during the whole period of this lease, payable on the ______________________ day of _________________________ of each year (or at such other times as may be agreed upon). (Other special agreements of the lease may be here inserted.) In witness whereof, etc. _________________________________________ Signed in the presence of: ______________________________________ ______________________________________ (Acknowledgment.) 10. Lease of land not registered under this Act. This lease may be as in Form No. 9, omitting that portion thereof that relates to the certificate of title and inserting such covenants of warranty as may be agreed upon. 11. Release of leased lands, whether registered under this Act or not. Such release may be as in Forms Nos. 7 and 8, for the discharge of mortgages, using the term "release," instead of "discharge," and, inserting such description as fully identifies the lease.