This document summarizes a release waiver and quitclaim agreement between an individual and a private financier regarding a motor vehicle. The individual acknowledges receipt of payment in full settlement of any claims regarding the described vehicle. In consideration of this payment, the individual agrees to release, discharge, and waive any actions or claims, current or future, against the private financier and associated parties regarding the vehicle. The individual also agrees to withdraw any current legal actions against the private financier and will no longer testify or pursue such cases. The document is signed and witnessed, indicating the individual's understanding and voluntary execution of the release.

1. RELEASE WAIVER AND QUITCLAIM
KNOW ALL MEN BY THESE PRESENTS:
That I, _____________________________________________________________,
of legal age, Filipino, with postal address at
_________________________________________________________________________,
Philippines, do by these presents acknowledge receipt of the sum of
____________________________________ pesos (Php. __________________________)
Philippine Currency, from ____________________________________ (private financier) in
full payment and final settlement of my motor vehicle
_____________________________________________, with Plate No. _____________
with technical description, (see deed of sale) due to me or which may be due to me on
_________________, 2017 under the law or under any existing agreement with respect
thereto, as well as any and all claims of whatever kind and nature which I have or may have
against the said described vehicle, arising from any untoward and un warranted scenarios
,fortuitous events or acts of god, with ( the termination with of my claims under the described
vehicle one __________________________________________, color ___________ with
Plate No: _____________________, registered under my name.
In consideration of said payment, I do hereby quitclaim, release, discharge and waive
any and all actions of whatever nature, expected, real or apparent, which I may have against
_________________________________, its directors, officers, employees, agents and
clients by reason of or arising from OF ANY EVENTS, I will institute no action, whether civil,
criminal, against _________________________________ (private financier) its directors,
officers, employees, agents and clients. Any and all actions which I may have commenced
either solely in my name or jointly with others before any office, board, bureau, court, or
tribunal against _________________________________, its directors, officers, employees,
agents and clients are hereby deemed and considered voluntary withdrawn by me and I will
no longer testify or continue to prosecute said action(s).
I declare that I have read this document and have fully understood its contents. I
further declare that I voluntarily and willingly executed this Release, Waiver and Quitclaim
with full knowledge of my rights under the law.
IN WITNESS WHEREOF, I have hereunto set my hand at _____________, this ___
day of _______________, 2017
AFFIANT
_________________________
Doc no.____________
Page no.___________
Book no.___________
Series of 2017