Affidavit of Consolidation of Ownership

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REPUBLIC OF THE PHILIPPINES)

CITY OF ZAMBOANGA ) S.S.


x-------------------------------------x

AFFIDAVIT OF CONSOLIDATION OF OWNERSHIP

I, THERESE ELAINE HARUN, of legal age, Filipino, single and a resident of 673 Cabato
drive, Canelar, Zamboanga City, after having been duly sworn to in accordance with law, depose
and state:

1. That on March 15, 2011, Mr. FRANCIS CHIU, of legal age, Filipino, single, residing at
Galvez drive, Sta. Maria, Zamboanga City, sold to me a certain parcel of land under pacto de
retro, executed before Notarial Public Luisa Macapagal and bearing Not. Reg. No. 20239, Page
6, Book V, Series of 2011 of his Notarial Register (copy of the said pacto de retro sale is hereto
attached as ANNEX A);

2. That pursuant to the deed of sale with pacto de retro, the said vendor, Mr. FRANCIS CHIU,
should have exercised his right to repurchase the said property within the period of two (2) years;

3. That the period expired on March 15, 2013 without the said vendor, by himself or by any other
person in his behalf complying with the condition and stipulation required for the repurchase of
the said property;

4. That the said period of repurchase has not been extended, either expressly or impliedly, by
affiant vendee a retro;

5. That by virtue of the said deed of sale with pacto de retro, and by the failure of the vendor,
Mr. FRANCIS CHIU, to duly repurchase the property within the period stipulated, there was
consolidated in the affiant, as vendee a retro, the absolute ownership of the said property.
Attached hereto, as ANNEX B, is an order of the Regional Trial Court of Zamboanga City
issued on December 4, 2013, approving and confirming the above consolidation of ownership in
the name of affiant.

IN WITNESS WHEREOF, I have hereunto set my hand this September 12, 2013 in
Zamboanga City, Philippines.
THERESE ELAINE HARUN
Affiant

SUBCRIBED AND SWORN TO before me this 12th day of September 2013 in Zamboanga
City, Philippines, affiant exhibiting to me her Philippine Passport No. 67894 issued in Manila on
January 12, 2012 and valid until January 12, 2017.

Doc. No. _____;


Page No. _____;
Book No. _____;
Series of 2013.

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