Republic of the Philippines
REGIONAL TRIAL COURT
FIRST JUDICIAL REGION
OFFICE OF THE CLERK
La Trinidad, Benguet
RURAL BANK OF SAGADA, INC.
MICHAEL G. ONG, DENISE G. ONG and DEXTER G. ONG, represented by their Atty-in-fact MILA G. ONG-SIY
EXTRA-JUDICIAL FORECLOSURE OF REAL ESTATE MORTGAGE UNDER ACT 3135 AS AMENDED
NOTICE OF EXTRA-JUDICIAL SALE
Upon extra-judicial petition for a sale under Act No. 3135 filed by the RURAL BANK OF SAGADA (Mountain Province), INC. with office and place of business at Sagada, Mountain Province,. against Michael G. Ong, Denise G. Ong and Dexter G. Ong, represented by their Atty-in-fact Mila G. Ong-Siy with postal address at 888 Newton Road, Suello Village, Baguio City to satisfy the mortgage indebtedness as of April 30, 2014 amounts toTWO MILLION TWO HUNDRED ELEVEN THOUSAND SIX HUNDRED TWENTY FIVE PESOS and 00/100 (P2,211,625.00) Philippine currency, exclusive of interest, charges and expenses thereafter incurred, plus ten (10%) of the total indebtedness as attorney’s fees, all secured by the mortgage. The undersigned will sell at public auction on SEPTEMBER 10 2014 at 10:00 o’clock in the morning at the main entrance of the Bulwagan ng Katarungan building, Justice Hill, La Trinidad, Benguet to the highest bidder, the parcel of land and its improvements to wit:
TRANSFER CERTIFICATE OF TITLE NO. T-53294
“A parcel of land (Lot 9, of the subdivision plan (LRC) Psd-245870 being a portion of land described on plan F-49043, LRC Rec. No Free Pat.) situated in the Barrio of Irisan, Municipality of Tuba, Province of Benguet, Island of Luzon. Bounded on the NE., points 4 to 5, by the property of Copero. On the SE., point 5 to 6 by the property of Pastor Santos, x x x. thence S. 53 deg. 17’ E., 60.48 m. to point 2; thence S. 80 deg. 40’ E. 31.14 m. to point 3; x x x Containing an area of FIFTEEN THOUSAND SIX HUNDRED AND FORTY FIVE (15,645) SQUARE METERS more or less.”
TRANSFER CERTIFICATE OF TITLE NO. T-53245
“A parcel of land (Lot 5, of the subdivision plan (LRC) Psd-245870, being a portion of land described on plan F-49403, LRC Rec. No. Free Pat.), situated in the Barrio of Irisan, Municipality of Tuba, Province of Benguet, Island of Luzon. Bounded on the N., points 3 to 4 and on the NE., points 4 to 9 by Lot 7, and points 9 to 1 by Lot 9, both of the subdivision plan; on the SW., points 1 to 2, by the property of Sinong; x x x thence N. 79 deg. 49’W., 142.63 m. to point 2; ; x x x Containing an area of TWELVE THOUSAND FIVE HUNDRED AND THIRTY FOUR (12, 534) SQUARE METERS, more or less.”
Prospective bidders/buyers may investigate the above-described real property regarding the encumbrances thereof, if any.
In the event the public auction should not take place on the said date, it shall be held on October 7, 2014 without further notice.
La Trinidad, Benguet, Philippines. This 15th day of August 2014.
FOR THE PROVINCIAL SHERIFF
EX-OFFICIO OF BENGUET
By:(SGD) JOSELITO S. TUMBAGA
Newspaper of publication: THE JUNCTION NEWSPAPER
Dates of publication: August 16, 23 and 30, 2014