| CIRCULAR
NO. 14 [1984]
TO:
ALL
CLERKS OF COURT AND EX OFFICIO SHERIFFS OF THE REGIONAL TRIAL
COURTS
In view of the prohibitive
cost of publication, a request was filed with this Court for the
revision
and/or modification of the Notice of Sale of Extrajudicial
Foreclosure
Petition filed with the Sheriff's Offices for publication in
newspapers.
It proposes to eliminate, for reason of economy, some words or phrases
which are of less importance but still will comply substantially with
Act
3135.cralaw:red
Pursuant, therefore,
to the Resolution of the Court En Banc dated April 3, 1984, you
are hereby directed to adopt the following format:chanroblesvirtuallawlibrary
"NOTICE
OF EXTRAJUDICIAL
SALE
"Upon
extrajudicial
petition for sale under Act 3135_______filed by______against (Name
and
address of Mortgagor/s) to satisfy the mortgage indebtedness which
as of_________amounts to P___________, excluding penalties, charges,
attorney's
fees and expenses of foreclosure, the undersigned or his duly
authorized
deputy, will sell at public auction on (date of sale)
198______at
10:00 A.M. or soon thereafter at the main entrance of the (Place of
Sale) to the highest bidder, for cash and in Philippine currency,
the
following property with all its improvements, to wit:chanroblesvirtuallawlibrary
"TRANSFER
CERTIFICATE
OF TITLE NO._____
'A
parcel of land x x x situated in x x x containing an area x x x, more
or
less. x x x'
"Prospective
buyers
may investigate for themselves the title hereinabove described and
encumbrances
thereon. if any there be.cralaw:red
"____,198___.cralaw:red
"SHERIFF"
Strict
compliance herewith
is earnestly enjoined.
Manila, May 29, 1984.
[Sgd.]
ARTURO
B. BUENAActing
Court Administrator
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