Download as docx, pdf, or txt
Download as docx, pdf, or txt
You are on page 1of 147

JURAT

SUBSCRIBED AND SWORN TO before me this 16th day of November 2019 in Davao City,
affiant exhibited to me his SSS Identification Card Nos. 1234 issued on March 6, 2012 in
Davao City.

SGD.
Doc. No. 1; JOSE PAOLO P. PACQUIAO
Page No. 1; Notary Public for Davao City
Book No. 1; Commission Serial No. 055-2015
Series of 2019. Until December 31, 2020
Attorney’s Roll No. 4893
PTR NO. 0843813; 01-05-15; Davao City
IBP O.R. No. 87; 01-05-15; Davao City
MCLE Compliance No. III-0000492 issued
on Aug. 20, 2018
REPUBLIC OF THE PHILIPPINES)
PROVINCE OF DAVAO DEL SUR) S.S.
IN THE CITY OF DAVAO………...)
X……………………………………….X

AFFIDAVIT OF LOSS

I, Andre Dela Cruz, of legal age, Filipino, married, and residing at 112 Nickelodeon Street
Ciudad de Ezperanza, Buhangin, Davao City, after having been sworn in accordance with
law, hereby deposes and states the following:

1. That I am owner of the MSI Laptop GE60ONC with serial number 084931;

2. That on December 8, 2019, I discovered that said laptop can no longer be found
on my car;

3. That after diligent effort to search for it, said laptop was nowhere to be found
anymore;

4. That I am executing this affidavit in order to attest to the truth of the foregoing
circumstances.

IN WITNESS WHEREOF, I have hereunto set my hand this 12 th day of December, 2019 at
the City of Davao.

Sgd.
Andre Dela Cruz
Affiant

SUBSCRIBED AND SWORN TO before me this 12 th day of December 2019 in Davao City,
affiant exhibited to me his SSS Identification Card Nos. 9384 issued on April 8, 2016 in
Davao City.

SGD.
Doc. No. 2; JOSE PAOLO P. PACQUIAO
Page No. 1; Notary Public for Davao City
Book No. 1; Commission Serial No. 055-2015
Series of 2019. Until December 31, 2020
Attorney’s Roll No. 4893
PTR NO. 0843813; 01-05-15; Davao City
IBP O.R. No. 87; 01-05-15; Davao City
MCLE Compliance No. III-0000492 issued
on Aug. 20, 2018
RA 9048 Form No. 4.1. (LCRO)
(Devised 12 December 2019)
REPUBLIC OF THE PHILIPPINES)
PROVINCE OF DAVAO DEL SUR) S.S.
IN THE CITY OF DAVAO………...)
X……………………………………….X

PETITION FOR CHANGE OF BUSINESS NAME

I, Andre Dela Cruz, of legal age, Filipino, and a resident of 112 Nickelodeon Street Ciudad
de Ezperanza, Buhangin, Davao City, after being sworn to in accordance with law do
hereby declare that:

1. I was issued by the Department of Trade and Industry a certificate of Business


Name Registration under the name HELPUS Trading which was issued last August
31, 2016, in Davao City, Davao Del Sur;

2. I renewed my registration with the Department of Trade and Industry under


the name HELPUSMORE TRADING last November 25, 2019

3. Under number 13 of DAO 10-08, DAO 10-10, S, 2010 issued by the


Department of Trade and Industry entitled Business names that cannot be
registered it states that “Special and number characters 7787 should not be a
part of the BN;

4. In compliance with the abovementioned provision, the Affiant deemed it fit to


change the Business Name;

5. HELPUS TRADING and HELPUSMORE TRADING are one and the same business
and is registered under my name

6. I am now executing this affidavit to attest to the veracity of the foregoing


narration for all intents and purposes it may serve.

IN WITNESS WHEREOF, I hereunto affix my signature this 12th day of December 2019 at
Davao City.

Sgd.
Andre Dela Cruz
Affiant

SUBCRIBED AND SWORN TO before me this 12th day of December 2019 in Davao City,


Davao Del Sur, Philippines, affiant exhibiting to me his valid proof of identification.
SGD.
Doc. No. 3; JOSE PAOLO P. PACQUIAO
Page No. 1; Notary Public for Davao City
Book No. 1; Commission Serial No. 055-2015
Series of 2019. Until December 31, 2020
Attorney’s Roll No. 4893
PTR NO. 0843813; 01-05-15; Davao City
IBP O.R. No. 87; 01-05-15; Davao City
MCLE Compliance No. III-0000492 issued
on Aug. 20, 2018
REPUBLIC OF THE PHILIPPINES)
PROVINCE OF DAVAO DEL SUR) S.S.
IN THE CITY OF DAVAO………...)
X……………………………………….X

JOINT AFFIDAVIT OF TWO DISINTERESTED PERSONS

We, Armel Diaz and Moses Paquito, both of legal ages, Filipinos, married, respectively and both
are residents of Buhangin, Davao City, after having been sworn in accordance with the law hereby
depose and state that;

1. We personally know Andre dela Cruz, who is our long-time neighbor, and the fact of his birth
is registered at the Local Civil Registrar of Davao City;

2. We know for a fact that the person by the name of " Andrei dela Cruz" as appearing in some
documents or specifically in his Certificate of Live Birth and identification cards and the name " Andrea
dela Cruz" as appearing in his school records, refer to one and the same person and that his true and
correct name is Andre dela Cruz;

3. We are not in any way related to any of the foregoing person within the fourth civil degree either by
consanguinity or affinity, nor do we have any pecuniary interest in this matter whatsoever;

4. To remove confusion as to the two names, we hereby declare that the name Andrei dela
Cruz and Andrea dela Cruz refer to one and the same person whose registered name is
Andre dela Cruz;

5. We are executing this affidavit to attest to the truthfulness of the foregoing statements and to
establish the real identity of Andre dela Cruzand for all legal intents and purposes it may serve.

IN WITNESS WHEREOF, we have hereunto set our hands this 12th day of December 2019
at Davao City, Philippines.

Sgd. Sgd.
 Armel Diaz  Moses Paquito
  Affiant  Affiant
SSS ID No: 08-1578898  SSS ID No: 04-4893221

SUBSCRIBED AND SWORN TO before me this 16th day of November 2019 in Davao City,
affiant exhibited to me his SSS Identification Card Nos. 1234 issued on March 6, 2012 in
Davao City.
SGD.
Doc. No. 4; JOSE PAOLO P. PACQUIAO
Page No. 1; Notary Public for Davao City
Book No. 1; Commission Serial No. 055-2015
Series of 2019. Until December 31, 2020
Attorney’s Roll No. 4893
PTR NO. 0843813; 01-05-15; Davao City
IBP O.R. No. 87; 01-05-15; Davao City
MCLE Compliance No. III-0000492 issued
on Aug. 20, 2018
REPUBLIC OF THE PHILIPPINES)
PROVINCE OF DAVAO DEL SUR) S.S.
IN THE CITY OF DAVAO………...)
X……………………………………….X

AFFIDAVIT OF DISCREPANCY IN NAME

I, Andre Dela Cruz, of legal age, single, and with address at 112 Nickelodeon Street
Ciudad de Ezperanza, Buhangin, Davao City, under oath, state:

1. That my name is Andre Dela Cruz as stated and registered in my birth certificate
issued by office of the Civil Registry of Davao City. A copy of my birth certificate is
hereto attached as ANNEX “A”;

2. That since childhood, my friends and acquaintances call me “Drey” and thus
since then I have been accustomed to using the name Drey Dela Cruz in my
personal records, transactions and communications;

3. That the name Andre Dela Cruz and Drey Dela Cruz refer to one and the same
person, the herein Affiant;That I am executing this Affidavit to attest to the truth
of the foregoing facts and to use the same for whatever legal purpose it may
serve.

IN WITNESS WHEREOF, I hereunto affix my signature this 12th day of December 2019 at
Davao City.

Sgd.
Andre Dela Cruz
Affiant

SUBSCRIBED AND SWORN to before me this 12th day of December 2019 at Davao City,
Affiant exhibiting to me his TIN # 121-555-232-256 issued at Davao City on April 8, 2013.

SGD.
Doc. No. 5; JOSE PAOLO P. PACQUIAO
Page No. 1; Notary Public for Davao City
Book No. 1; Commission Serial No. 055-2015
Series of 2019. Until December 31, 2020
Attorney’s Roll No. 4893
PTR NO. 0843813; 01-05-15; Davao City
IBP O.R. No. 87; 01-05-15; Davao City
MCLE Compliance No. III-0000492 issued
on Aug. 20, 2018
REPUBLIC OF THE PHILIPPINES)
PROVINCE OF DAVAO DEL SUR) S.S.
IN THE CITY OF DAVAO………...)
X……………………………………….X

AFFIDAVIT OF CONSENT AND SUPPORT

We, Juan Dela Cruz and Maria Dela Cruz, of legal ages, married, Filipinos, and residents
of 112 Nickelodeon Street Ciudad de Ezperanza, Buhangin, Davao City, Philippines, after
having been duly sworn in accordance with law, hereby depose and state:

1. That we are the parents of Andre Dela Cruz who is of legal age and a citizen of
the Republic of the Philippines and a holder of valid Philippine Passport with No.
882957228 and who is going for a trip abroad specifically to Japan this 28 th of
December 2019;

2. That we are giving our full consent to our said son to travel abroad or specifically
to Japan;

3. That for this purpose, we have sufficient and adequate financial capacity to
support and defray the said travel and do hereby undertake to finance his trip
abroad from the application fees, airline tickets, board and lodging, pocket
money and such other expenses that he may incur so that he would neither be a
burden to the state nor at their place of destination at any time during his trip
abroad;

4. That there is no criminal case pending in court against him nor has he been
charged of subversion, rebellion, insurrection or any crime or offense involving
moral turpitude in any court of the Philippines;

5. That further, Andre Dela Cruz will be accompanied or escorted by his uncle,
George O. Cruz in his travel abroad;

6. That we are hereby giving my full consent to the said Uncle to accompany or
escort Andre Dela Cruz in his travel abroad;

7. That we are executing this affidavit to declare the truth of the foregoing facts
and for whatever legal purpose it may serve.

IN WITNESS WHEREOF, we have hereunto set our hands this 12 th of December 2019 at
Davao City, Philippines.

Sgd. Sgd.
Juan Dela Cruz Maria Dela Cruz
AFFIANT AFFIANT
SUBSCRIBED AND SWORN to before me this 12th day of December 2019, Affiants
exhibited to me their respective official identifying documents as stated above which
are competent evidence of identity in accordance with 2005 Rules of Notarial Practice.

SGD.
Doc. No. 6; JOSE PAOLO P. PACQUIAO
Page No. 1; Notary Public for Davao City
Book No. 1; Commission Serial No. 055-2015
Series of 2019. Until December 31, 2020
Attorney’s Roll No. 4893
PTR NO. 0843813; 01-05-15; Davao City
IBP O.R. No. 87; 01-05-15; Davao City
MCLE Compliance No. III-0000492 issued
on Aug. 20, 2018
REPUBLIC OF THE PHILIPPINES)
PROVINCE OF DAVAO DEL SUR) S.S.
IN THE CITY OF DAVAO………...)
X……………………………………….X
  
AFFIDAVIT OF SERVICE

I, Andre Dela Cruz, of legal age, Filipino, single and a resident of 112 Nickelodeon Street
Ciudad de Ezperanza, Buhangin, Davao City, after having been duly sworn to in
accordance with law, depose and state:

1. That I am employed as a messenger of Atty. Juan Soriano with office address


at Room 849 Verdon IT Park, Tower III Matina, Davao City;

2. That in my aforementioned capacity, I had personally served a copy of the


pleading by registered mail in accordance with Sec. 10 of Rule 13 of the Rules of
Court in Case No. 123456 entitled "Plain Tiff vs. Defen Dant" by depositing a copy
in the post office in a sealed envelope, plainly addressed to the defendant's
lawyer at his office with postage fully paid, as evidenced by Registry Receipt No.
1233 attached and with instructions to the post master to return the mail to
sender after ten (10) days if undelivered.

IN WITNESS WHEREOF, I have hereunto set my hand this 12th day of December 2019 in
Davao City, Davao Del Sur, Philippines.

           Sgd.
Andre Dela Cruz
Affiant
Voter's ID No. 9696

SUBCRIBED AND SWORN TO before me this 12th day of December 2019 in Davao City,


Davao Del Sur, Philippines, affiant exhibiting to me his valid proof of identification.

SGD.
Doc. No. 7; JOSE PAOLO P. PACQUIAO
Page No. 1; Notary Public for Davao City
Book No. 1; Commission Serial No. 055-2015
Series of 2019. Until December 31, 2020
Attorney’s Roll No. 4893
PTR NO. 0843813; 01-05-15; Davao City
IBP O.R. No. 87; 01-05-15; Davao City
MCLE Compliance No. III-0000492 issued
on Aug. 20, 2018
REPUBLIC OF THE PHILIPPINES)
PROVINCE OF DAVAO DEL SUR) S.S.
IN THE CITY OF DAVAO………...)
X……………………………………….X

AFFIDAVIT OF ATTACHMENT

I, Andre Dela Cruz of legal age, Filipino, single, and a resident of 112 Nickelodeon Street
Ciudad de Ezperanza, Buhangin, Davao City Philippines, after being sworn in accordance
with law, hereby depose and state:

1. That I am the stockholder of HelpUs! Corporation, the Plaintiff in the above-


entitled case;

2. That there is a valid and sufficient cause of action against the Defendants
named therein;

3. That this action is one of those specifically mentioned in Rule 57 of the


Revised Rules of court, whereby a writ of attachment may issue on the ground of
property unjustly or fraudulently taken, detained or converted, when the
property, or any part thereof, has been concealed, removed, or disposed of to
prevent its being found or taken by the applicant or an authorized person

4. That there is no other sufficient for the claim sought to be enforced by this
action;

5. That the amount due to the Plaintiff is as much the sum for which an Order of
Attachment is sought to be granted, above all legal counterclaim on the part of
the Defendants.

IN WITNESS WHEREOF, I have hereunto set my hands this 12th day of December 2019 in
the City of Davao, Philippines.

Sgd.
Andre Dela
Cruz
Affiant

SUBCRIBED AND SWORN to before me in the Province of Davao Del Sur, Davao City,
Philippines, this 12th day of December at 2019. Affiant having exhibited to me his
Community Tax Certificate No. 888-4444 issued on April 8, 2013 at Agoo, La Union.
SGD.
Doc. No. 8; JOSE PAOLO P. PACQUIAO
Page No. 1; Notary Public for Davao City
Book No. 1; Commission Serial No. 055-2015
Series of 2019. Until December 31, 2020
Attorney’s Roll No. 4893
PTR NO. 0843813; 01-05-15; Davao City
IBP O.R. No. 87; 01-05-15; Davao City
MCLE Compliance No. III-0000492 issued
on Aug. 20, 2018
REPUBLIC OF THE PHILIPPINES)
PROVINCE OF DAVAO DEL SUR) S.S.
IN THE CITY OF DAVAO………...)
X……………………………………….X
  
AFFIDAVIT OF PATERNITY AND USE OF FATHER’S SURNAME

I, Andre Dela Cruz of legal age, Filipino citizen, and presently residing at 112
Nickelodeon Street Ciudad de Ezperanza, Buhangin, Davao City after having been duly
sworn to in accordance with law, do hereby depose and say:

1. That I am the biological father of Emilio Dela Cruz;

2. That my child, Emilio Dela Cruz, was born on July 31, 1993 at Davao City,
Philippines;

3. That the facts of birth of my child were duly registered


at the Local Civil Registry of Davao City;

4. That being the father of Emilio Dela Cruz, I hereby acknowledge and recognize
him as my child and legal heir;

5. That I am allowing my child Emilio Dela Cruz to use my surname to be his


surname in his Certificate of Live Birth; and

6. That I execute this affidavit to attest to the truth of the above facts in compliance
with the provisions of Republic Act No. 9255.

IN WITNESS WHEREOF, I have hereunto set my hand this 12th day of December
2019 at Davao City, Philippines.

Sgd.
Andre Dela Cruz
Affiant

SUBSCRIBED AND SWORN to before me this 12th day of December


2019 in the City of Davao, affiant exhibiting to me his competent evidence of identity by
way of SSS Identification card Number 21342 issued on June 22, 2013 at Davao City,
Philippines.

SGD.
Doc. No. 9; JOSE PAOLO P. PACQUIAO
Page No. 1; Notary Public for Davao City
Book No. 1; Commission Serial No. 055-2015
Series of 2019. Until December 31, 2020
Attorney’s Roll No. 4893
PTR NO. 0843813; 01-05-15; Davao City
IBP O.R. No. 87; 01-05-15; Davao City
MCLE Compliance No. III-0000492 issued
on Aug. 20, 2018
JUDICIAL AFFIDAVIT

REPUBLIC OF THE PHILIPPINES


REGIONAL TRIAL COURT
DAVAO CITY, BRANCH 4

Joli Vee
Petitioner, CIVIL CASE NO. 148893
For: Damages arising out of
breach of contract

– versus –

Jules B. Vosotros
Respondent.

x———————————————x

JUDICIAL AFFIDAVIT
OF
Joli Vee

This Judicial Affidavit of Joli Vee, the Petitioner, is executed to serve as her direct
testimony in the instant case.

This Judicial Affidavit is being offered to prove:

A) All the allegations in the Petition including all annexes appended thereto and
which were already marked as exhibits during the Pre-Trial of this case;

B) All other related matters, facts and circumstances relevant and material to
this case.

This Judicial Affidavit was taken at the office of Atty. Paolo Pacquiao at Unit 1, Verdon
Pork, Davao City.

Questions were propounded by Atty. Paolo Pacquiao and these questions are numbered
consecutively and each question is followed by the answer of the witness.

1. Q: Do you swear to tell the truth and nothing but the truth?

A: I do.

2. Q: Are you aware that you may face criminal liability for false testimony or perjury if
you will not tell the truth?

A: I am.

3. Q: Please state your name, age address and occupation?


A: I am Joli Vee, 22 years old, single, and residing at Unit 3 Pork Vill., Davao City.

4. Are you the same Joli Vee, the Petitioner in this case?

A: Yes.

5. Q: Do you know the Respondent in this case, Jules B. Vosotros?

A: Yes, he is my partner in the business.

...............

Affiant further sayeth naught.

Sgd.
Joli Vee
Affiant

SUBSCRIBED AND SWORN to before me this 12th of December 2019 at Unit 1, Verdon
Pork, Davao City, Affiant exhibiting to me her SSS No. 678654.

SGD.
Doc. No. 10; RYAN GOSLING
Page No. 1; Notary Public for Davao City
Book No. 1; Commission Serial No. 055-2015
Series of 2019. Until December 31, 2020
Attorney’s Roll No. 4893
PTR NO. 0843813; 01-05-15; Davao City
IBP O.R. No. 87; 01-05-15; Davao City
MCLE Compliance No. III-0000492 issued
on Aug. 20, 2018

ATTESTATION

I hereby state, under oath, that I faithfully recorded the questions I asked and the
corresponding answers that the witness gave and that neither I nor any other person
present or assisting me has coached the witness regarding the latter’s statement.

ATTY. PAOLO PACQUIAO

SUBSCRIBED AND SWORN to before me this 13 th of December 2019 at Unit 69,


Bangkeohan, Davao City, Affiant exhibiting to me her SSS No. 678654.
SGD.
Doc. No. 10; JOSE PAOLO P. PACQUIAO
Page No. 1; Notary Public for Davao City
Book No. 1; Commission Serial No. 055-2015
Series of 2019. Until December 31, 2020
Attorney’s Roll No. 4893
PTR NO. 0843813; 01-05-15; Davao City
IBP O.R. No. 87; 01-05-15; Davao City
MCLE Compliance No. III-0000492 issued
on Aug. 20, 2018
REPUBLIC OF THE PHILIPPINES)
CITY OF DAVAO………) S.S.
X……………………………………….X 
 
GENERAL POWER OF ATTORNEY

KNOW ALL MEN THESE PRESENTS:


 
     I, Andre Dela Cruz, of legal age, single, Filipino, a resident of 112 Nickelodeon Street
Ciudad de Ezperanza, Buhangin, Davao City, do hereby name, constitute,
and appoint Emilio Kaynam, to be my true and lawful attorney, for me and in my name,
place, and stead, to do and perform the following acts and things to wit:
 
     To ask, demand, collect any and all sums of money, sue to recover debts, dues,
accounts, dividends, legacies, bequests, interests , and other things of value of whatever
nature or kind as may now be or may hereafter become due owing, payable or
belonging to me, and to have, sue, and to take any all lawful ways and means for the
recovery thereof by suit, attachment, compromise or otherwise;
 
     To make, sign, execute, and deliver contracts, agreements, documents and other
writings of whatever nature or kind, with any and all third persons, entities or concerns,
upon terms and conditions acceptable to my said attorney;
 
      To delegate in whole or in part any all of the powers herein granted or conferred, by
means of an instrument in writing, favor of any third persons whom my said attorney
may select;
 
     HEREBY GIVING AND GRANTING unto my said attorney full power and authority
whatsoever requisite or necessary or proper to be done in and about the premises as
fully to all intents and purposes as I might and could lawfully do if personally present,
with power of substitution and revocation, and hereby, ratifying and confirming all that
my said attorney or his substitute shall lawfully do or cause to be done under and by
virtue of these presents.
 
     IN WITNESS WHEREOF, we have hereunto affixed our signatures this 9th day of
January, 2020 in Davao City, Philippines.
 
 
  Sgd. Sgd.
Andre Dela Cuz                 Emilio Kaynam
     Principal                                               Agent /Attorney-In-Fact
  
Signed in the presence of:

Sgd.
Paolo Fogee 
  Witness
 
REPUBLIC OF THE PHILIPPINES)
CITY OF DAVAO………) S.S.
X……………………………………….X

ACKNOWLEDGEMENT
 
BEFORE ME, a Notary Public, personally appeared:
 
 
       Andre Dela Cruz Emilio Kaynam
TIN No. 222-111-333 TIN No. 221-312-234
Issued in Davao City Issued in Davao City
Issued on January 8, 2020 Issued on January 9, 2020
 
Known to me and to me known to be the same persons who executed the foregoing
instrument and acknowledged to me that the same is their free and voluntary act and
deed.
 
WITNESS MY HAND AND SEAL, on the date and place first above written.
                                                                  
SGD.
Doc. No. 11; JOSE PAOLO P. PACQUIAO
Page No. 1; Notary Public for Davao City
Book No. 1; Commission Serial No. 055-2015
Series of 2019. Until December 31, 2020
Attorney’s Roll No. 4893
PTR NO. 0843813; 01-05-15; Davao City
IBP O.R. No. 87; 01-05-15; Davao City
MCLE Compliance No. III-0000492 issued
on Aug. 20, 2018
                                                                                                             
SPECIAL POWER OF ATTORNEY

KNOW ALL MEN BY THESE PRESENTS:

            I, Pablo Escortsabar, do hereby name, constitute, and appoint Karl Reyes, of legal


age, married, Filipino and a resident of 122 Roseville City Heights, Davao City,
Philippines to be my true and lawful attorney, for me and in my name, place, and stead,
to do and perform the following acts or thing, to wit:

(a)    To administer, manage, oversee, sell, convey, mortgage and/or encumber my house
and lot located at Lot 1 Blk8 Maharlika drive, Bangkal Davao City, Davao Del Sur,
Philippines;

(b)   To sign, seal, execute and deliver any document or instrument necessary in carrying out
into effect the power and authority herein granted;

            HEREBY GRANTING AND GIVING unto my said Attorney-in-Fact full power and
authority to do and perform any and all other acts and things necessary or proper to be
done in and about the premises as fully to all intents and purposes as I might or could
lawfully do if personally present, and hereby ratifying and confirming all that my said
attorney-in-fact shall lawfully do or cause to be done in my behalf by virtue of these
presents.

            IN WITNESS WHEREOF, I have hereunto affixed my signature this 18th day of
June, 2019, at Davao City, Philippines.

Sgd.
Pablo Escortsabar
(Principal)

SIGNED IN THE PRESENCE OF:

Sgd. Sgd.
Mark Quidlat                       Richard Yap
                   Witness                                              Witness

REPUBLIC OF THE PHILIPPINES)


CITY OF DAVAO………) S.S.
X……………………………………….X

ACKNOWLEDGEMENT

            BEFORE ME, on the date and place above written, personally appeared Pablo
Escortsabar, with SSS Identification No. 123123123 issued on March 12, 2015 at Davao
City, Philippines and he acknowledged under oath to me under penalty of law, that the
whole contents therein are true and that the same is his free and voluntary act and
deed.

       

            WITNESS MY HAND AND SEAL, on the date and place first above written

SGD.
Doc. No. 12; JOSE PAOLO P. PACQUIAO
Page No. 1; Notary Public for Davao City
Book No. 1; Commission Serial No. 055-2015
Series of 2019. Until December 31, 2020
Attorney’s Roll No. 4893
PTR NO. 0843813; 01-05-15; Davao City
IBP O.R. No. 87; 01-05-15; Davao City
MCLE Compliance No. III-0000492 issued
on Aug. 20, 2018
SPECIAL POWER OF ATTORNEY

KNOW ALL MEN BY THESE PRESENTS:

THAT I, MR. WANG DO of legal age, a Taiwanese national, with temporary


Philippine address at V 2112 Sunny Villas Condominium, Pearl corner Camaro Streets,
East Fairview, Quezon City, have made, constituted, and appointed ROMEO F. ROLLON,
also of legal age, Filipino with office address at Unit 11, 5th Floor The One Executive
Office Bldg, No. 5 West Avenue, Quezon City, as my true and lawful attorney in fact, for
me and in my name, place and stead, to perform the following acts:

1. To bring suit, prosecute and/or file all appropriate actions (whether civil,
criminal or administrative case) in my behalf against Mr. Peter Han Chua
Tan, a Chinese national, and with address at #362 Unit B Atis Street,
Manuela Subdivision, 4B Pamplona 3, Las Pinas City, concerning the fraud
which Mr. Peter Han Chua Tan had committed against me about the EEL
FISH export, and the amount which Mr. Peter Han Chua Tan also took
from me in the sum amount of Ph 85,430.oo plus the recovery of lost of
business opportunities, damages, and attorney’s fees;

2. To sign and execute proper complaint, petition, affidavit including


Verification and Certification of Non-Forum Shopping related to the filing
of every pleading, petition, memorandum, motion or position paper
before any court of law or government agencies, as well as to sign and
interpose appeal, petition for certiorari or appeal memorandum
whenever necessary;

3. To enter into compromise agreement and/or amicable settlement in my


name and stead, attend pre-trial conference and perform all the
provisions mandated under Rule 18 of 1997 Rules of Civil Procedure, in
connection with and related to my aforesaid action/s brought or to be
filed for or against me concerning the same subject matter, with full
authority to delegate this power to another person or attorney who will
attend to the case;

4. To designate, hire and/or appoint attorney-at-law to protect my rights


and interest related to his power stated herein.

5. To sign, execute, receive and/or deliver contracts and agreements, other


papers and/or money to effect with his power stated in this authorization
pertinent to the above described authority.

HEREBY GIVING AND GRANTING unto my said attorney in fact full power and
authority to do and perform all and every act and thing whatsoever requisite and
necessary to be done in and about the premises, as fully, to all intents and purposes, as I
might or could do if personally present and hereby ratifying and confirming all that my
said attorney in fact shall lawfully do or cause to be done by virtue thereof.
IN WITNESS WHEREOF, I have hereunto set my hand this 12th day of December
2019.

Sgd.
MR. WANG DO
Principal

REPUBLIC OF THE PHILIPPINES)


CITY OF DAVAO………) S.S.
X……………………………………….X

ACKNOWLEDGEMENT

BEFORE ME A NOTARY PUBLIC for and in the above jurisdiction personally


appeared MR. WANG DO with passport number 213022434 issued on August 8, 2015 at
Republic of China known to me and to be known to be the same person who executed
the foregoing instrument which he acknowledged to be his free act and deed.

SGD.
Doc. No. 13; JOSE PAOLO P. PACQUIAO
Page No. 1; Notary Public for Davao City
Book No. 1; Commission Serial No. 055-2015
Series of 2020. Until December 31, 2020
Attorney’s Roll No. 4893
PTR NO. 0843813; 01-05-15; Davao City
IBP O.R. No. 87; 01-05-15; Davao City
MCLE Compliance No. III-0000492 issued
on Aug. 20, 2018

                                    
REPUBLIC OF THE PHILIPPINES)
CITY OF DAVAO………) S.S.
X……………………………………….X

REVOCATION OF SPECIAL POWER OF ATTORNEY

KNOW ALL MEN BY THESE PRESENTS:

WHEREAS, I, Andre Dela Cruz, of legal age, Filipino, single and a resident of 112
Nickelodeon Street Ciudad de Ezperanza, Buhangin, Davao City, by a certain public
instrument made and executed in Davao City on January 8, 2020 before Notary Public 
Paolo Fogee of Davao City and registered as Document No. 1; Page No. 2, Book No. 3;
Series of 2013 in his notarial register, did name, constitute and appoint Emilio Kaynam,
a resident of Bldg. 619, Davao City as my true and lawful ATTORNEY-IN-FACT, for the
purpose and with powers mentioned in said instrument;

WHEREAS, the said public instrument or Power of Attorney, was never registered
with the Register of Deeds for the Province of Bataan;

            NOW, THEREFORE, I, Andre Dela Cruz, by virtue of these presents hereby


REVOKE, ANNUL and VOID the said power of attorney and all powers and authority
therein or thereby given or granted or intended to be given or granted to said Emilio
Kaynam;

            FURTHER, I, Andre Dela Cruz, hereby revoke all Special Powers of Attorney that I
may have executed before the date of this Deed with respect to my property registered
under Transfer Certificate of Title No. 235489 of the Register of Deeds for the City of
Davao.

Sgd.
Andre Dela Cruz
Principal

Signed in the presence of:

Sgd. Sgd.
RYAN BOOM BIYROOM VAYAH
Witness Witness

REPUBLIC OF THE PHILIPPINES)


CITY OF DAVAO………) S.S.
X……………………………………….X

ACKNOWLEDGEMENT
BEFORE ME A NOTARY PUBLIC for and in the above jurisdiction personally
appeared MR. ANDRE DELA CRUZ with passport number 213022434 issued on August 8,
2015 at Davao City, Philippines known to me and to be known to be the same person
who executed the foregoing instrument which he acknowledged to be his free act and
deed.

SGD.
Doc. No. 14; JOSE PAOLO P. PACQUIAO
Page No. 1; Notary Public for Davao City
Book No. 1; Commission Serial No. 055-2015
Series of 2020. Until December 31, 2020
Attorney’s Roll No. 4893
PTR NO. 0843813; 01-05-15; Davao City
IBP O.R. No. 87; 01-05-15; Davao City
MCLE Compliance No. III-0000492 issued
on Aug. 20, 2018
Republic of the Philippines )
Province of Davao Del Sur) S.S.
In the City of Davao……...)
X………………………………X

ARTICLES OF GENERAL PARTNERSHIP OF VERBU

KNOW ALL MEN BY THESE PRESENTS:

That we, the undersigned partners, all of legal age, residents and citizens of
the Philippines, have on this day voluntarily associated ourselves together for the
purpose of forming a general partnership under the following terms and conditions and
subject to existing and applicable laws of the Republic of the Philippines:

AND WE HEREBY CERTIFY:

ARTICLE I. Partnership Name: That the name of this partnership shall be and
shall transact business under the said company name.

ARTICLE II. Business Purpose: That the purpose/s for which this partnership is
formed is/are: to acquire, hold for investment, mortgage, manage, operate, lease,
refinance, build, develop, restore, provide through easements and otherwise for
continuing preservation and sell properties of historic significance in Davao City; to
engage in any and all activities incidental or related to the above including but not
limited to the opening, maintaining and closing of banking accounts and financial
institutions selected by the partners in the partnership name, the borrowing money in
the partnership name and the pledging of partnership assets for the transactions; and in
all respects to act as an owner and operator of real and personal property, upon and
subject to the terms and conditions of this agreement.

ARTICLE III. Principal Place of Business: That the principal place of business of
this partnership shall be located at : Poblacion 3 Tugbok, Davao City, Davao Del Sur.

ARTICLE IV. Term of Existence: That this partnership shall have a term of 25
years from and after the original recording of its Articles of Partnership by the Securities
and Exchange Commission.

ARTICLE V. Partners’ Circumstances: That the names, nationalities and complete


residence addresses of the partners are as follows:

Name Nationality Complete Residence


Uno Maris Filipino Block 1 Lot 2 Lime Residence, Davao City, Davao Del Sur

Dos Stella Filipino Block 3 Lot 4 Apple Residence, Davao City, Davao Del Sur

Tres Cross Filipino Block 5 Lot 6 Kiwi Residence, Davao City, Davao Del Sur
ARTICLE VI. Capital Contributions: That the capital of this Partnership shall be
the amount of eight hundred ninety five thousand pesos, P895,000.00, Philippine
Currency, contributed in cash by the partners, as follows:

Name Amount Contributed


Uno Maris P298,333.00
Dos Stella P298,333.00
Tres Cross P298,333.00

That no transfer of interest which will reduce the ownership of Filipino citizens to
less than the required percentage of capital as provided by existing laws shall be
allowed or permitted to be recorded in the proper books of the partnership.

ARTICLE VII. Sharing Ratios: That the profits and losses of this partnership shall
be divided and distributed proportionately on the ratio of the capital contribution of
each partner.

ARTICLE IX. Management: That this partnership shall be under Tres Cross, as
General Manager, who shall be in charge of the management of the affairs of the
company. He shall have the power to use the partnership name and in otherwise
performing such acts as are necessary and expedient in the management of the firm and
to carry out its lawful purposes.

ARTICLE X. Undertaking to Change Name: That the partners undertake to


change the name of this partnership, as herein provided or as amended thereafter,
immediately upon receipt of notice or directive from the Securities and Exchange
Commission that another corporation, partnership or person has acquired a prior right
to the use of that name or that the name has been declared as misleading, deceptive,
confusingly similar to a registered name, or contrary to public morals, good customs or
public policy.

IN WITNESS WHEREOF, we have hereunto affixed our signatures this 10th day of
January, 2020, at Davao City, Davao Del Sur.

Sgd. Sgd. Sgd.


Uno Maris Dos Stella Tres Cross
SSS ID No. 1234 SSS ID No. 4567 SSS ID No. 8910
ACKNOWLEDGEMENT

BEFORE ME, a Notary Public, for and in this 10th day of January, 2020 personally
appeared the following persons:

Name TIN/ID/Passport No. Date & Place Issued


Uno Maris Tin: 12345 /January 10, 2020; Davao City, Davao Del Sur

Dos Stella TIN: 67891 /January 10, 2020; Davao City, Davao Del Sur

Tres Cross TIN: 83457 /January 10, 2020; Davao City, Davao Del Sur
Known to me and to me known to be the same persons who executed the
foregoing Articles of Partnership constituting of two pages, including this page where
the acknowledgement is written, and they acknowledged to me that the same is their
free and voluntary act and deed.

WITNESS MY HAND AND SEAL on the date and place above written.

SGD.
Doc. No. 15; JOSE PAOLO P. PACQUIAO
Page No. 1; Notary Public for Davao City
Book No. 1; Commission Serial No. 055-2015
Series of 2020. Until December 31, 2020
Attorney’s Roll No. 4893
PTR NO. 0843813; 01-05-15; Davao City
IBP O.R. No. 87; 01-05-15; Davao City
MCLE Compliance No. III-0000492 issued
on Aug. 20, 2018
Republic of the Philippines )
Province of Davao Del Sur) S.S.
In the City of Davao……...)
X………………………………X

ARTICLES OF PARTNERSHIP

Of

VERBU Partnership, LTD.

KNOW ALL MEN BY THESE PRESENTS:

That we, Co-Partner 1, Uno Maris, single, and Co-Partner 2 Dos Stella, single,
and Co-Partner 3 Tres Cross , single, all Filipinos, of legal ages, and residents of Davao
City, Davao Del Sur, Philippines, have on this day, covenanted to establish a limited
partnership, in accordance with the laws of the Republic of the Philippines, under the
following terms and conditions:

ARTICLE I. Partnership Name: That the name of this Co-Partnership shall be Verbu
Partnership LTD. and it shall exist for five years from the execution of this instrument,
with the right of transfer or retirement of any partner provided written notice and
approval are made to and by the others;

ARTICLE II. Partner’s Circumstances: That the names and addresses of the respective
co-partners are as follows:

Name Address
Uno Maris (General Partner) Block 1 Lot 2 Lime Residence, Davao City

Dos Stella (Limited Partner) Block 3 Lot 4 Apple Residence, Davao City

Tres Cross (Limited Partner) Block 5 Lot 6 Kiwi Residence, Davao City

ARTICLE III. Capital Contributions: That the initial capital of this Co-Partnership
shall be eight hundred ninety five thousand pesos P 895,000.00, Philippine Currency,
broken down, in contributions, as follows:

Name of Co-Partner Contribution


Dos Stella P298,333.00
Tres Cross P298,333.00
Quatro Uyc P298,333.00

ARTICLE IV. Business Purpose: That the purpose(s) for which this partnership is
established (is/are) as follows: That the purpose/s for which this partnership is formed
is/are: to acquire, hold for investment, mortgage, manage, operate, lease, refinance,
build, develop, restore, provide through easements and otherwise for continuing
preservation and sell properties of historic significance in Davao City; to engage in any
and all activities incidental or related to the above including but not limited to the
opening, maintaining and closing of banking accounts and financial institutions selected
by the partners in the partnership name, the borrowing money in the partnership name
and the pledging of partnership assets for the transactions; and in all respects to act as
an owner and operator of real and personal property, upon and subject to the terms
and conditions of this agreement.

ARTICLE V. Management: Co-Partner 1, Uno Maris, shall be designated as the


General Manager of the Partnership, who shall perform such acts and enter into
transactions as may be necessary, in the name of the partnership, for the conduct of its
business; and who shall receive a monthly salary of P25,000.00;

IN WITNESS WHEREOF, we have hereunto set our hands this 10th day of January,
2020 at Davao City, Davao Del Sur, Philippines

Republic of the Philippines )


Province of Davao Del Sur) S.S.
In the City of Davao……...)
X………………………………X

ACKNOWLEDGMENT

BEFORE ME, a Notary Public, for and in this 10th day of January, 2020 personally
appeared the following persons:

Name TIN/ID/Passport No. Date & Place Issued


Uno Maris Tin: 12345 January 10, 2020; Davao City, Davao Del
Sur

Dos Stella TIN: 67891 January 10, 2020; Davao City, Davao Del Sur

Tres Cross TIN: 83457 January 10, 2020; Davao City, Davao Del Sur

Known to me and to me known to be the same persons who executed the


foregoing Articles of Partnership constituting of twopages, including this page where the
acknowledgement is written, and they acknowledged to me that the same is their free
and voluntary act and deed.

WITNESS MY HAND AND SEAL on the date and place above written.
SGD.
Doc. No. 15; JOSE PAOLO P. PACQUIAO
Page No. 1; Notary Public for Davao City
Book No. 1; Commission Serial No. 055-2015
Series of 2020. Until December 31, 2020
Attorney’s Roll No. 4893
PTR NO. 0843813; 01-05-15; Davao City
IBP O.R. No. 87; 01-05-15; Davao City
MCLE Compliance No. III-0000492 issued
on Aug. 20, 2018
Republic of the Philippines )
Province of Davao Del Sur) S.S.
In the City of Davao……...)
X………………………………X

ARTICLES OF INCORPORATION

OF

VERBU, INC.

Know All Men By These Presents:

That we, all of whom are of legal age and residents of the Philippines, Filipinos,
have on this day, voluntarily associated ourselves together for the purpose of forming a
stock corporation under the laws of the Republic of the Philippines:

AND WE DO HEREBY CERTIFY:

FIRST: That the name of the Corporation shall be MANOLOTO MERCHANDISING,


INC.

SECOND: That the specific purposes for which said Corporation is formed are: To
engage in, conduct and carry on the business of buying, selling, distributing, marketing
at wholesale or retail in so far as may be permitted by law all kinds of goods,
commodities, wares and merchandise of every kind and description; to enter into all
kinds of contracts for the export, import, purchase, acquisition, sale at wholesale or
retail and other dispositions for its own account as principal or representative capacity
as manufacturing representatives, merchandise broker, indentor, commission merchant,
factors or agents upon consignment of all kinds of goods, wares, merchandise or
product whether natural or artificial.

THIRD: That the place where the principal office of the corporation is to be
established or located is at Purok 8, Tugbok District, Davao City, Davao Del Sur,
Philippines.

FOURTH: That the term for which the Corporation is to exist for twenty five years
from and after the date of issuance of the Certificate of Incorporation.

FIFTH: That the names, nationalities and residences of the incorporators are as
follows:

Name Nationality Residence


Uno Maris Filipino Block 22 Lot 21 Lemon Residence, Davao City

Dos Stella Filipino Block 1 Lot 2 Lime Residence, Davao City


Tres Cross Filipino Block 3 Lot 4 Apple Residence, Davao City

Quatro Uyc Filipino Block 5 Lot 6 Kiwi Residence, Davao City

SIX: That the authorized capital stock of the Corporation is eight hundred ninety
five thousand pesos (P895,000.00) PESOS in lawful money of the Philippines.

SEVEN: That Uno Maris has been elected by the subscribers as Treasurer of the
corporation to act as such until his/her successor is duly elected and qualified in
accordance with the by-laws; and that as such Treasurer, (he/she) has been authorized
to receive for and in the name and for the benefit of the corporation, all subscriptions
paid by the subscribers.

EIGHT: That no transfer of stocks or interest therein which will reduce the
ownership of Filipino citizens to less than the percentage of the capital stock required by
law shall be allowed or permitted to be recorded in the Corporate Books and this
restriction shall be indicated in all the stock certificates issued by the corporation.

NINE: That the corporation manifests its willingness to change its corporate
name in the event another person, firm or entity has acquired a prior right to use the
said firm name or one deceptively or confusingly similar to it.

IN WITNESS WHEREOF, we have hereunto affixed our signatures this 10th day of
January 2020, at Davao City, Davao Del Sur, Philippines.

Sgd. Sgd.
Dos Stella Tres Cross
TIN: 12345 TIN: 67891

Sgd. Sgd.
Quatro Uyc Uno Maris
TIN: 83457 TIN: 75219

Republic of the Philippines )


Province of Davao Del Sur) S.S.
In the City of Davao……...)
X………………………………X

ACKNOWLEDGMENT

BEFORE ME, a Notary Public, for and in this 10th day of January, 2020 personally
appeared the following persons:

Known to me and to me known to be the same persons who executed the


foregoing Articles of Partnership constituting of two pages, including this page where
the acknowledgement is written, and they acknowledged to me that the same is their
free and voluntary act and deed.
WITNESS MY HAND AND SEAL on the date and place above written.

SGD.
Doc. No. 16; JOSE PAOLO P. PACQUIAO
Page No. 1; Notary Public for Davao City
Book No. 1; Commission Serial No. 055-2015
Series of 2020. Until December 31, 2020
Attorney’s Roll No. 4893
PTR NO. 0843813; 01-05-15; Davao City
IBP O.R. No. 87; 01-05-15; Davao City
MCLE Compliance No. III-0000492 issued
on Aug. 20, 2018
Republic of the Philippines )
Province of Davao Del Sur) S.S.
In the City of Davao……...)
X………………………………X

TREASURER’S AFFIDAVIT

I, Andre Dela Cruz, being duly sworn, depose and say: That I have been elected
by the subscribers of the corporation as Treasurer thereof, to act as such until my
successor has been duly elected and qualified in accordance with the by-laws of the
corporation, and that as such Treasurer, I hereby certify under oath that at least 25% of
the authorized capital stock of the corporation has been subscribed and at least 25% of
the subscription has been paid, and received by me in cash for the benefit and credit of
the corporation.

This is also to authorize the Securities and Exchange Commission and Bangko ng
Pilipinas to examine and verify the deposit in the Promissory Note No. 12345 in my
name as treasurer in trust for KFG Corporation in the amount of one hundred thousand
pesos (P 100,000.00) representing the paid-up capital of the corporation which is in the
process of incorporation. This authority is valid and inspection of said deposit may be
made even after the issuance of the Certificate of Incorporation. Should the deposit be
transferred to another bank prior to or after incorporation, this will serve as authority to
verify and examine the same. The representative of the Securities and Exchange
Commission is also authorized to examine pertinent books and records of accounts of
the corporation as well as supporting papers to determine the utilization and
disbursement of our Certificate of Incorporation.

In case the said paid up capital is not deposited or withdrawn prior to the approval
of the articles of incorporation, waive our right to a notice and hearing in the revocation
of our Certificate of Incorporation.

Sgd.
Andre Dela Cruz
Treasurer

SUBSCRIBED AND SWORN TO before me this 10th day of January 2020, at Davao
City, Davao Del Sur Philippines, affiant, exhibiting to me his/her Community Tax
Certificate No. 12345 issued on January 10, 2010, in Davao City, Davao Del Sur,
Philippines.

SGD.
Doc. No. 16; JOSE PAOLO P. PACQUIAO
Page No. 1; Notary Public for Davao City
Book No. 1; Commission Serial No. 055-2015
Series of 2020. Until December 31, 2020
Attorney’s Roll No. 4893
PTR NO. 0843813; 01-05-15; Davao City
IBP O.R. No. 87; 01-05-15; Davao City
MCLE Compliance No. III-0000492 issued
on Aug. 20, 2018
Republic of the Philippines )
Province of Davao Del Sur) S.S.
In the City of Davao……...)
X………………………………X

BY-LAWS

OF

VERBU, Inc.

ARTICLE I. SUBSCRIPTION, ISSUANCE AND TRANSFER OF SHARES

Section 1. Subscriptions - Subscribers to the capital stock of the corporation shall


pay to the corporation the subscription value or price of the stock in accordance with
the terms and conditions prescribed by the Board of Directors. Unpaid subscriptions
shall not earn interest unless determined by the Board of Directors.

Section 2. Certificate - Each stockholder shall be entitled to one or more


certificates for such fully paid stock subscription in his name in the books of the
corporation. The certificates shall contain the matters required by law and the Articles
of Incorporation. They shall be in such form and design as may be determined by the
Board of Directors and numbered consecutively. The certificates, which must be issued
in consecutive order, shall bear the signature of the President, mutually countersigned
by the Secretary or Assistant Secretary, and sealed with the corporate seal.

Section 3. Transfer of Shares - Subject to the restrictions, terms and conditions


contained in the Articles of Incorporation, shares may be transferred, sold, ceded,
assigned or pledged by delivery of the certificates duly endorsed by the stockholder, his
attorney-in-fact, or other legally authorized person. The transfer shall be valid and
binding on the corporation only upon record thereof in the books of the corporation,
cancellation of the certificate surrendered to the Secretary, and issuance of a new
certificate to the transferee.

No shares of stock against which the corporation holds unpaid claim shall be
transferable in the books of the corporation.

All certificates surrendered for transfer shall be stamped "Canceled"on the face
thereof, together with the date of cancellation, and attached to the corresponding stub
with the certificate book.
Section 4. Lost Certificates - In case any certificate for the capital stock of the
corporation is lost, stolen, or destroyed, a new certificate may be issued in lieu thereof
in accordance with the procedure prescribed under Section 73 of the Corporation Code

ARTICLE II. MEETINGS OF STOCKHOLDERS

Section 1. Regular Meetings - The regular meetings of stockholders, for the


purpose of electing directors and for the transaction of such business as may properly
come before the meeting, shall be held at the principal office on the 1st monday of each
year, if a legal holiday, then on the following day.

Section 2. Special Meeting - The special meetings of stockholders, for any


purpose or purposes, may at any time be called by any of the following: (a) Board of
Directors, at its own instance, or at the written request of stockholders representing a
majority of the outstanding capital stock, (b) President.

Section 3. Place of Meeting - Stockholders' meetings, whether regular or special,


shall be held in the principal office of the corporation or at any place designated by the
Board of Directors in the city or municipality where the principal office of the
corporation is located.

Section 4. Notice of Meeting - Notices for regular or special meetings of


stockholders may be sent by the Secretary by personal delivery or by mail at least two
(2) weeks prior to the date of the meeting to each stockholder of record at his last
known post office address or by publication in a newspaper of general circulation. The
notice shall state the place, date and hour of the meeting, and the purpose or purposes
for which the meeting is called. In case of special meetings, only matters stated in the
notice can be subject of motions or deliberations at such meeting.

When the meeting of stockholders is adjourned to another time or place, it shall


not be necessary to give any notice of the adjourned meeting if the time and place to
which the meeting is adjourned are announced at the meeting at which the
adjournment is taken. At the reconvened meeting, any business may be transacted that
might have been transacted on the original date of the meeting.

Section 5. Quorum - Unless otherwise provided by law, in all regular or special


meeting of stockholders, a majority of the outstanding capital stock must be present or
represented in order to constitute a quorum. If no quorum is constituted, the meeting
shall be adjourned until the requisite amount of stock shall be present.

Section 6. Conduct of Meeting - Meeting of the stockholders shall be presided


over by the Chairman of the Board, or in his absence, the President, or if none of the
foregoing is in office and present and acting, by a chairman to be chosen by the
stockholders. The Secretary shall act as Secretary of every meeting, but if not present,
the chairman of the meeting shall appoint a secretary of the meeting. The chairman of
the meeting may adjourn the meeting from time to time, without notice other than
announced at the meeting.
Section 7. Manner of Voting - At all meetings of stockholders, a stockholder may
vote in person or by proxy executed in writing by the stockholder or his duly authorized
attorney-in-fact. Unless otherwise provided in the proxy, it shall be valid only for the
meeting at which it has been presented to the Secretary.

All proxies must be in the hands of the Secretary before the time set for the
meeting. Such proxies filed with the Secretary may be revoked by the stockholders
either in an instrument in writing duly presented and recorded with the Secretary prior
to a scheduled meeting or by their personal presence at the meeting.

Section 8. Closing of Transfer Books of Fixing of Record Date - For the purpose of
determining the stockholders entitled to notice of, or to vote at, any meeting of
stockholders or any adjournment thereof or to receive payment of any dividend, or of
making a determination of stockholders for any proper purpose, the Board of Directors
may provide that the stock and transfer books be closed for a stated period, but not to
exceed, in any case, twenty (20) days. If the stock and transfer books be closed for the
purpose of determining stockholders entitled to notice of, or to vote at, a meeting of
stockholders, such books shall be closed for at least ten (10) working days immediately
preceding such meeting. In lieu of closing the stock and transfer books, the Board of
Directors may fix in advance a date as the record date which shall in no case be more
than twenty (20) days prior to the date on which the particular action requiring such
determination of stockholders is to be taken, except in instance where applicable rules
and regulations provided otherwise.

ARTICLE III. BOARD OF DIRECTORS

Section 1. Powers of the Board - Unless otherwise provided by law, the corporate
powers of the corporation shall be exercised, all business conducted and all property of
the corporation controlled and held by the Board of Directors to be elected by and from
among the stockholders. Without prejudice to such general powers and such other
powers as may be granted by law, the Board of Directors shall have the following
express powers:

a) From time to time, to make and change rules and regulations not inconsistent
with these by-laws for the management of the corporation's business and affairs;

b) To purchase, receive, take or otherwise acquire in any lawful manner, for and
in the name of the corporation, any and all properties, rights, interest or
privileges, including securities and bonds of other corporations, as the
transaction of the business of the corporation may reasonably or necessarily
require, for such consideration and upon such terms and conditions as the Board
may deem proper or convenient;

c) To invest the funds of the corporation in another corporation or business or


for any other purposes other than those for which the corporation was
organized, whenever in the judgment of the Board of Directors the interests of
the corporation would thereby be promoted, subject to such stockholders'
approval as may be required by law;
d) To incur such indebtedness as the Board may deem necessary and, for such
purpose, to make and issue evidence of such indebtedness including, without
limitation, notes, deeds of trust, instruments, bonds, debentures, or securities,
subject to such stockholders' approval as may be required by law, and/or pledge,
mortgage, or otherwise encumber all or part of the properties and rights of the
corporation; provided that the borrowing shall be sourced from not more than
nineteen (19) lenders;

e) To guarantee and secure payment of, for and in behalf of the obligations of
other corporations or entities in which it has lawful interest;

f) To make provisions for the discharge of the obligations of the corporation as


they mature, including payment for any property, or in stocks, bonds,
debentures, or other securities of the corporation lawfully issued for the
purpose;

g) To sell, lease, exchange, assign, transfer or otherwise dispose of any property,


real or personal, belonging to the corporation whenever in the Board's
judgment, the corporation's interest would thereby be promoted;

h) To establish pension, retirement, bonus, profit- sharing, or other types of


incentives or compensation plans for the employees, including officers and
directors of the corporation and to determine the persons to participate in any
such plans and the amount of their respective participation;

i) To prosecute, maintain, defend, compromise or abandon any lawsuit in which


the corporation or its officers are either plaintiffs or defendants in connection
with the business of the corporation, and likewise, to grant installments for the
payments or settlement of whatsoever debts are payable to the corporation;

j) To delegate, from time to time, any of the powers of the Board which may
lawfully be delegated in the course of the current business or businesses of the
corporation to any standing or special committee or to any officer or agent and
to appoint any persons to be agents of the corporation with such powers
(including the power to sub-delegate), and upon such terms, as may be deemed
fit;

k) To implement these by-laws and to act on any matter not covered by these
by-laws provided such matter does not require the approval or consent of the
stockholders under any existing law, rules or regulation.

Section 2. Election and Term - The Board of Directors shall be elected during
each regular meeting of stockholders and shall hold office for one (1) year and until their
successors are elected and qualified.

Section 3. Vacancies - Any vacancy occurring in the Board of Directors other than
by removal by the stockholders or by expiration of term, may be filled by the vote of at
least a majority of the remaining directors, if still constituting a quorum; otherwise, the
vacancy must be filled by the stockholders at a regular or at any special meeting of
stockholders called for the purpose. A director so elected to fill a vacancy shall be
elected only for the unexpired term of his predecessor in office.

Any directorship to be filled by reason of an increase in the number of directors


shall be filled only by an election at a regular or at a special meeting of stockholders duly
called for the purpose, or in the same meeting authorizing the increase of directors if so
stated in the notice of the meeting.

The vacancy resulting from the removal of a director by the stockholders in the
manner provided by law may be filed by election at the same meeting of stockholders
without further notice, or at any regular or at any special meeting of stockholders called
for the purpose, after giving notice as prescribed in this by-laws.

Section 4. Meetings - Regular meetings of the Board of Directors shall be held


once every quarter of the year on such dates and at such times and places as the
Chairman of the Board, or in his absence, the President, or upon the request of a
majority of the directors and shall be held at such places as may be designated in the
notice.
Section 5. Notice - Notice of the regular or special meeting of the Board
specifying the date, time and place of the meeting, shall be communicated by the
Secretary to each director personally, or by telephone, telex, telegram, facsimile or by
written or oral message. A director may waive this requirement, either expressly or
impliedly.

Section 6. Quorum - A majority of the number of directors as fixed in the Articles


of Incorporation shall constitute a quorum for the transaction of corporate business and
every decision of at least a majority of the directors present at a meeting at which there
is a quorum shall be valid as a corporate act, except for the election of officers which
shall require the vote of a majority of all the members of the Board.

Section 7. Conduct of the Meetings - Meetings of the Board of Directors shall be


presided over by the Chairman of the Board, or in his absence, the President or if none
of the foregoing is in office and present and a?ting, by any other director chosen by the
Board. The Secre4ary shall act as secretary of every meeting, if not present, the
Chairman of the meeting shall appoint a secretary of the meeting.

Section 8. Compensation - By resolution of the Board, each director shall receive


a reasonable per diem allowance for the attendance at each meeting of the Board. As
compensation, the Board shall receive and allocate an amount of not more than ten
percent (10%) of the net income before income tax of the corporation during the
preceding year. Such compensation shall be determined and apportioned among the
directors in such manner as the Board may deem proper, subject to the approval of
stockholders representing at least a majority of the outstanding capital stock at a
regular or special meeting of the stockholders.

ARTICLE IV. OFFICERS


Section 1. Election/Appointment - Immediately after their election, the Board of
Directors shall formally organize by electing the Chairman, the President, one or more
Vice- President, the Treasurer, and the Secretary, at said meeting.

The Board may, from time to time, appoint such other officers as it may
determine to be necessary or proper. Any two (2) or more positions may be held
concurrently by the same person, except that no one shall act as President and
Treasurer or Secretary at the same time.

Section 2. Chairman of the Board - The Chairman of the Board of Directors shall
preside at the meetings of the directors and the stockholders. He shall also exercise
such powers and perform such duties as the Board of Directors may assign to him.

Section 3. President - The President, who shall be a director, shall be the Chief
Executive Officer of the corporation and shall also have administration and direction of
the day-to-day business affairs of the corporation. He shall exercise the following
functions:

a) To preside at the meetings of the Board of Directors and of the stockholders in


the absence of the Chairman of the Board of Directors;

b) To initiate and develop corporate objectives and policies and formulate long
range projects, plans and programs for the approval of the Board of Directors,
including those for executive training, development and compensation;

c) To have general supervision and management of the business affairs and


property of the corporation;
d) To ensure that the administrative and operational policies of the corporation
are carried out under his supervision and control;

e) Subject to guidelines prescribed by law, to appoint remove, suspend or


discipline employees of the corporation, prescribe their duties and determine
their salaries;

f) To oversee the preparation of the budgets and the statement of accounts of


the corporation;

g) To prepare such statements and reports of the corporation as may be


required of him by law;

h) To represent the corporation at all functions and proceedings;

i) To execute on behalf of the corporation all contracts, agreements and other


instruments affecting the interests of the corporation which require the approval
of the Board of Directors, except as otherwise directed by the Board of Directors;

j) To make reports to the Board of Directors and stockholders;


k) To sign certificates of stock;

l) To perform such other duties as are incident to his office or are entrusted to
him by the Board of Directors;

The President may assign the exercise or performance of any of the foregoing
powers, duties and functions to any other officer(s), subject always to his supervision
and control.

Section 4. The Vice-President(s) - If one or more Vice- Presidents are appointed,


he/they shall have such powers and shall perform such duties as may from time to time
be assigned to him/them by the Board of Directors or by the President.

Section 5. The Secretary - The Secretary must be a resident and a citizen of the
Philippines. He shall be the custodian of and shall maintain the corporate books and
record and shall be the recorder of the corporation's formal actions and transactions. He
shall have the following specific powers and duties:

a) To record or see to the proper recording of the minutes and transactions of all
meetings of the directors and the stockholders and to maintain minute books of
such meetings in the form and manner required by law;

b) To keep or cause to be kept record books showing the details required by law
with respect to the stock certificates of the corporation, including ledgers and
transfer books showing all shares of the corporation subscribed, issued and
transferred;

c) To keep the corporate seal and affix it to all papers and documents requiring a
seal, and to attest by his signature all corporate documents requiring the same;

d) To attend to the giving and serving of all notices of the corporation required
by law or these by-laws to be given;

e) To certify to such corporate acts, countersign corporate documents or


certificates, and make reports or statements as may be required of him by law or
by government rules and regulations;

f) To act as the inspector of the election of directors and, as such, to determine


the number of shares of stock outstanding and entitled to vote, the shares of
stock represented at the meeting, the evidence of a quorum, the validity and
effect of proxies, and to receive votes, ballots or consents, hear and determine
all challenges and questions arising in connection with the right to vote, count
and tabulate all votes, ballots or consents, determine the result, and do such acts
as are proper to conduct the election or vote. The Secretary may assign the
exercise or performance of any or all the foregoing duties, powers and functions
to any other person or persons, subject always to his supervision and control;
g) To perform such other duties as incident to his office or as may be assigned to
him by the Board of Directors or the President.

Section 6. Treasurer - The Treasurer of the corporation shall be its chief fiscal
officer and the custodian of its funds, securities and property. The Treasurer shall have
the following duties:

a) To keep full and accurate accounts of receipts and disbursements in the books
of the corporation;

b) To have custody of, and be responsible for, all the funds, securities and bonds
of the corporation;

c) To deposit in the name and to the credit of the corporation, in such bank as
may be designated from time to time by the Board of Directors, all the moneys,
funds, securities, bonds and similar valuable effects belonging to the corporation
which may come under his control;

d) To render an annual statement showing the financial condition of the


corporation and such other financial reports as the Board of Directors, the
Chairman, or the President, may, from time to time require;

e) To prepare such financial reports, statements, certifications and other


documents which may, from time to time, be required by government rules and
regulations and to submit the same to the proper government agencies;

f) To exercise such powers and perform such duties and functions as may be
assigned to him by the President.

Section 7. Term of Office - The term of office of all officers shall be for a period of
one (1) year and until their successors are duly elected and qualified. Such officers may
however be sooner removed for cause.

Section 8. Vacancies - If any position of the officers becomes vacant by reason of


death, resignation, disqualification or for any other cause, the Board of Directors by
majority vote may elect a successor who shall hold office for the unexpired term.

Section 9. Compensation - The by-laws officers shall receive such remuneration


as the Board of Directors may determine. All other officers shall receive such
remuneration as the Board of Directors may determine upon recommendation of the
President. A director shall not be precluded from serving the corporation in any other
capacity as an officer, agent, or otherwise, and receiving compensation therefor.

ARTICLE V. OFFICE

Section 1. Office - The principal office of the corporation shall be located at the
place stated in Article III of the Articles of Incorporation. The corporation may have such
other branch offices, either within or outside the Philippines, as the Board of Directors
may designate or as the business of the corporation may, from time to time require.

ARTICLE VI. AUDIT OF BOOKS, FISCAL YEAR AND DIVIDENDS

Section 1. External Auditors - At the regular stockholders' meeting, the external


auditor or auditors of the corporation for the ensuing year shall be appointed. The
external auditor or auditors shall examine, verify and report on the earnings and
expenses of the corporation and shall certify the remuneration of the external auditor
or auditors as determined by the Board of Directors.

Section 2. Fiscal Year - The fiscal year of the corporation shall begin on the first
day of January and end on the last day of December of each year.

Section 3. Dividends - Dividends shall be declared and paid out of the


unrestricted retained earnings which shall be payable in cash, property or stock to all
stockholders on the basis of outstanding stock held by them, as often and at such times
as the Board of Directors may determine and in accordance with law and applicable
rules and regulations.

ARTICLE VII. AMENDMENTS

Section 1. Amendments - This by-laws may be amended or repealed by the


affirmative vote of at least a majority of the Board of Directors and the stockholders
representing a majority of the outstanding capital stock at any stockholders' meeting
called for the purpose. However, the power to amend, modify, repeal or adopt new by-
laws may be delegated to the Board of Directors by the affirmative vote of stockholders
representing not less than two-thirds of the outstanding capital stock; provided,
however, that any such delegation of powers to the Board of Directors to amend, repeal
or adopt new by-laws may be revoked only by the vote of the stockholders representing
a majority of the outstanding capital stock at a regular or special meeting.

ARTICLE VIII. SEAL


Section 1. Form and Inscriptions - The corporate seal shall be determined by the
Board of Directors.

ARTICLE IX. ADOPTION CLAUSE

The foregoing by-laws was adopted by all the stockholders of the corporation on
January 10, 2020 at the principal office of the corporation.

IN WITNESS WHEREOF, we, the undersigned incorporators present at said


meeting and voting thereat in favor of the adoption of said by-laws, have hereunto
subscribed our names this 10th day of January 2020 at Davao City, Davao Del Sur ,
Philippines.

Sgd. Sgd.
Uno Maris Dos Stella
TIN: 12345 TIN: 67891

Sgd. Sgd.
Tres Cross Quatro Uyc
TIN: 83457 Tin: 75219

Republic of the Philippines )


Province of Davao Del Sur) S.S.
In the City of Davao……...)
X………………………………X

ACKNOWLEDGMENT

Known to me and to me known to be the same persons who executed the


foregoing Articles of Partnership constituting of two pages, including this page where
the acknowledgement is written, and they acknowledged to me that the same is their
free and voluntary act and deed.

WITNESS MY HAND AND SEAL on the date and place above written.

SGD.
Doc. No. 17; JOSE PAOLO P. PACQUIAO
Page No. 1; Notary Public for Davao City
Book No. 1; Commission Serial No. 055-2015
Series of 2020. Until December 31, 2020
Attorney’s Roll No. 4893
PTR NO. 0843813; 01-05-15; Davao City
IBP O.R. No. 87; 01-05-15; Davao City
MCLE Compliance No. III-0000492 issued
on Aug. 20, 2018
Republic of the Philippines )
Province of Davao Del Sur) S.S.
In the City of Davao……...)
X………………………………X

BOARD RESOLUTION

I, Andre Dela Cruz, being the duly elected president of Verbu Corporation, an
organization duly organized and existing under and by virtue of its registration with the
Registry of Deeds of Davao City, with principal office/ address at Purok 8, Tugbok
District, Davao City, Davao Del Sur, do hereby certify that during the regular meeting of
the Board of Directors of said organization held on January 10, 2020, the following
resolution was unanimously adopted:

“Resolved, that the application for assistance from DOLE is hereby approved as
discussed during the Board Meeting conducted on January 5, 2020.

“Resolved, that to support said application, the following statements are made:

1. The organization is currently operating in the principal address stated in its


certificate of registration;

2. The organization is not in the process of dissolution or the subject of a


proceeding leading to the cancellation of its certificate of registration;

3. The organization is not a party respondent in any case pending with the regular
courts or administration agencies; and

4. The organization is willing to appropriate the 20% counterpart funding support


for the purpose thereof.

I also certify that the said Resolution is still in force and has not been amended and
revoked.
IN WITNESS WHEREOF, I have hereunto set my hand this 10th day of January,
2020.

Sgd.
Andre Dela Cruz
Name of President/ Officer

SUBSCRIBED AND SWORN to before me on 10th day of January, 2020 at Davao


City, Davao Del Sur, affiant exhibiting to me his Residence Certificate No. 12345 ssued
at October 20, 2010 Davao City, Davao Del Sur.
SGD.
Doc. No. 18; JOSE PAOLO P. PACQUIAO
Page No. 1; Notary Public for Davao City
Book No. 1; Commission Serial No. 055-2015
Series of 2020. Until December 31, 2020
Attorney’s Roll No. 4893
PTR NO. 0843813; 01-05-15; Davao City
IBP O.R. No. 87; 01-05-15; Davao City
MCLE Compliance No. III-0000492 issued
on Aug. 20, 2018
Republic of the Philippines )
Province of Davao Del Sur) S.S.
In the City of Davao……...)
X………………………………X

SECRETARY’S CERTIFICATE

I, Andre Dela Cruz, of legal age, Filipino, being the duly elected and qualified
Corporate Secretary of VERBU Corporation a corporation duly organized and existing
under the laws of the Philippines, with office address at (office address of applicant
firm), under oath, do hereby certify that at the special meeting of the Board of Directors
of the Corporation held on January 8, 2020, the following resolution was unanimously
adopted:

RESOLVED, that VERBU Corporation, secretary be as it hereby, authorized to


transact, execute and sign all documents in behalf of the Corporation pertaining to its
application for registration under the Renewable Energy Act of 2008 (Republic Act No.
9513) with the Board of Investments for its proposed project activity as Renewable
Energy Developer under the Mandatory List of the 2020 Investment Priorities Plan.

IN WITNESS WHEREOF, I have hereunto affixed my signature this 10th day of


January, 2020 at Davao City, Davao Del Sur.

Sgd.
Andre Dela Cruz
Corporate Secretary

Subscribed and Sworn to before me this 10th day, January 2020 at Davao City,
Davao Del Sur, affiant exhibited to me his CTC No. 12345 issued on January 8, 2010 at
Davao City, Davao Del Sur.

SGD.
Doc. No. 19; JOSE PAOLO P. PACQUIAO
Page No. 1; Notary Public for Davao City
Book No. 1; Commission Serial No. 055-2015
Series of 2020. Until December 31, 2020
Attorney’s Roll No. 4893
PTR NO. 0843813; 01-05-15; Davao City
IBP O.R. No. 87; 01-05-15; Davao City
MCLE Compliance No. III-0000492 issued
on Aug. 20, 2018
Verbu Corporation

NOTICE OF ANNUAL SHAREHOLDERS’ MEETING

To:

Les Tereses
Tess Tickles
Johny Tallia
Ryan Bong

We would like to inform you that next annual meeting of the shareholders of
Verbu Corporation has been scheduled on January 22, 2020 at 7:00 p.m. at the Marco
Polo Hotel, Davao City

The agenda for the meeting shall be as follows:


I. Call to Order
II. Certification of Notice and Determination of Quorum
III. Approval of the Minutes of the Annual Shareholders’ Meeting held on
December 20, 2018
IV. Election of Members of the Board of Directors
V. Other Matters
VI. Adjournment

The shareholders may vote on matters to be presented either in person or by proxy.

Signed this 9th of January 2020 at Digos City.

Sgd.
Pablo Jose
Corporate Secretary
MINUTES OF THE REGULAR MEETING OF STOCKHOLDERS OF VERBU ELECTRONICS

Held at the Marco Polo Hotel, Davao City held on January 4, 2020

DIRECTORS:

Johny Bravo
Tess Tickles
Ryan Boom
Souja Buy

I. CALL TO ORDER
The meeting was called to order at 7:00 p.m. Mr. Lebrown Kidd., Chairman and Chief
Executive Officer of the Company, presided over the meeting.

II. CERTIFICATION OF NOTICE AND QUORUM

The Corporate Secretary, Atty. Paolo Fogee, certified that notices were duly sent to the
stockholders and there are present in this meeting, in person or by proxy, 85.6% of the
outstanding common shares, and 23.3% of the outstanding preferred shares of the
Company, respectively.

The Corporate Secretary stated that for the record, proxies for 63% of the outstanding
common and preferred shares of the Company have been issued by the stockholders in
favor of the Chairman authorizing him to vote for the approval of all corporate actions in
the agenda.

III. APPROVAL OF THE MINUTES OF THE REGULAR STOCKHOLDERS’ MEETING HELD ON


December 27, 2019

Upon motion duly made and seconded, the stockholders approved and ratified the
minutes of the Regular Annual Meeting of Stockholders held on June 14, 2018.

IV. CHAIRMAN’S MESSAGE AND PRESENTATION OF ANNUAL REPORT

The Chairman rendered his report to the stockholders. Below is the message of the
Chairman to the stockholders:

Throughout the almost 20 years that I have served as your Chairman, nothing has given
me the greatest sense of fulfillment than reporting to you, every year, that your
company did well.

Today, I’m proud to report that 2019 was, by far, our biggest and best year.

• San Miguel Corporation registered consolidated sales revenues of P685.3 billion for
the full year, 8% higher than in 2018.

• Net income reached P332 billion, an 88% increase over 2019.


Each of our businesses performed strongly and contributed to our overall growth. What
the preceding results highlight is the success of our strategy to diversify and become
one of the Philippines’ leading conglomerates—with a value creating mix of traditional
and new businesses.

This year, 2019, marks the tenth year of our diversification. With our core and new
businesses now running at the same accelerated pace, we are bigger, more profitable,
and more capable of actively participating in the growth and development of our
country and our people.

I believe we all have to give credit to the man who sits on my right, Ramon S. Ang, our
president and chief operating officer. It’s to him that we owe all the success we have
achieved thus far.

V. RATIFICATION OF ALL ACTS OF THE BOARD OF DIRECTORS AND CORPORATE OFFICERS

The Chairman proceeded to the next item on the agenda which is the ratification of all
acts of the Board of Directors and corporate officers since the date of the last
stockholders' meeting.

The Corporate Secretary summarized the matters which are to be ratified, as follows:

1. sale of the telecommunication businesses of the Company;


2. shelf registration of peso-denominated bonds amounting to up to P60 billion;
3. declaration of cash dividends for the common and preferred shares;
4. promotion and appointment of corporate officers; and
5. approval of signing authorities and limits.

A stockholder moved to approve, confirm and ratify all acts, resolutions and proceedings
of the Board of Directors and corporate officers since the June 14, 2019 regular meeting
of stockholders until June 14, 2019, as set forth in the minutes of the meetings of the
Board of Directors.

Upon motion duly made and seconded, the following resolution was approved:

Resolution No. 2019-07-22-08

“RESOLVED, that all acts, resolutions and proceedings of the Board of Directors and
corporate officers of the Company since the Annual Meeting of the Stockholders on
June 14, 2017 until today June 13, 2018, as set forth in the minutes of the meetings of
the Board of Directors be approved, confirmed and ratified.”

VI. ADJOURNMENT
The Chairman asked if there are any other matters that any stockholder wished to bring
up and there being none, entertained a motion for adjournment.
A stockholder moved to adjourn the meeting, duly seconded by another stockholder.
The Chairman adjourned the meeting and thanked all stockholders for attending.
ATTESTED BY:

Sgd.
Lebrown Kidd
Chairman

Sgd.
Johnny Deep
Corporate Secretary
CONTRACT OF LEASE OF CONDOMINIUM UNIT

KNOW ALL MEN BY THESE PRESENTS:

This CONTRACT OF LEASE is made and executed in Davao City, Philippines, this January
8, 2020 by and between:

Maria Makiling, Filipino, of legal age, single, with residence at 112 Nickelodeon Street
Ciudad de Ezperanza, Buhangin, Davao City, hereinafter referred to as the LESSOR.

-AND-

Edward Yahoo, Filipino, of legal age, single, with residence at 221 Makalaya Street
Ciudad de Ezperanza, Buhangin, Davao City, hereinafter referred to as the LESSEE.

WITNESSETH; That

WHEREAS, the LESSOR is the owner of THE LEASED PREMISES, a condominium unit
situated at Verdon Park Matina, Davao City, Philippines.

WHEREAS, the LESSOR agrees to lease-out the property to the LESSEE and the LESSEE is
willing to lease the same;

NOW THEREFORE, for and in consideration of the foregoing premises, the LESSOR leases
unto the LESSEE, and the LESSEE hereby accepts from the LESSOR the LEASED premises,
subject to the following: 

TERMS AND CONDITIONS:


1. PURPOSES:   The premises hereby leased shall be used exclusively by the LESSEE for
residential purposes only and shall not be diverted to other uses. It is hereby expressly
agreed that if at any time the premises are used for other purposes, the LESSOR shall
have the right to rescind this contract without prejudice to its other rights under the
law.

2. TERM:  This term of lease is for TWO (2) YEAR. from March 31, 2020 to March 31,
2022 inclusive. Upon its expiration, this lease may be renewed under such terms and
conditions as my be mutually agreed upon by both parties, written notice of intention to
renew the lease shall be served to the LESSOR not later than seven (7) days prior to the
expiry date of the period herein agreed upon.

3. RENTAL RATE:   The monthly rental rate for the leased premises shall be FIFTY
THOUSAND PESOS (P50,000.000). All rental payments shall be payable to the LESSOR.
4. DEPOSIT:   That the LESSEE shall deposit to the LESSOR upon signing of this contract
and prior to move-in an amount equivalent to the rent for THREE (3) MONTHS or the
sum of SEVENTY THOUSAND PESOS (P70,000.00), wherein the THREE (3) months deposit
shall be applied as rent for the 11th and 12th months and the remaining one (1) month
deposit shall answer partially for damages and any other obligations, for utilities such as
Water, Electricity, CATV, Telephone, Association Dues or resulting from violation(s) of
any of the provision of this contract.

5. DEFAULT PAYMENT:  In case of default by the LESSEE in the payment of the rent, such
as when the checks are dishonored, the LESSOR at its option may terminate this
contract and eject the LESSEE. The LESSOR has the right to padlock the premises when
the LESSEE is in default of payment for One (1) month and may forfeit whatever rental
deposit or advances have been given by the LESSEE.

6. SUB-LEASE:   The LESSEE shall not directly or indirectly sublet, allow or permit the
leased premises to be occupied in whole or in part by any person, form or corporation,
neither shall the LESSEE assign its rights hereunder to any other person or entity and no
right of interest thereto or therein shall be conferred on or vested in anyone by the
LESSEE without the LESSOR'S written approval.

7. PUBLIC UTILITIES:   The LESSEE shall pay for its telephone, electric, cable TV, water,
Internet, association dues and other public services and utilities during the duration of
the lease. 

8. FORCE MAJEURE:   If whole or any part of the leased premises shall be destroyed or
damaged by fire, flood, lightning, typhoon, earthquake, storm, riot or any other
unforeseen disabling cause of acts of God, as to render the leased premises during the
term substantially unfit for use and occupation of the LESSEE, then this lease contract
may be terminated without compensation by the LESSOR or by the LESSEE by notice in
writing to the other.

9. LESSOR'S RIGHT OF ENTRY:   The LESSOR or its authorized agent shall after giving due
notice to the LESSEE shall have the right to enter the premises in the presence of the
LESSEE or its representative at any reasonable hour to examine the same or make
repairs therein or for the operation and maintenance of the building or to exhibit the
leased premises to prospective LESSEE, or for any other lawful purposes which it may
deem necessary.

10. EXPIRATION OF LEASE:   At the expiration of the term of this lease or cancellation
thereof, as herein provided, the LESSEE will promptly deliver to the LESSOR the leased
premises with all corresponding keys and in as good and tenable condition as the same
is now, ordinary wear and tear expected devoid of all occupants, movable furniture,
articles and effects of any kind. Non-compliance with the terms of this clause by the
LESSEE will give the LESSOR the right, at the latter's option, to refuse to accept the
delivery of the premises and compel the LESSEE to pay rent therefrom at the same rate
plus Twenty Five (25) % thereof as penalty until the LESSEE shall have complied with the
terms hereof.  The same penalty shall be imposed in case the LESSEE fails to leave the
premises after the expiration of this Contract of Lease or termination for any reason
whatsoever.
11. JUDICIAL RELIEF:   Should any one of the parties herein be compelled to seek judicial
relief against the other, the losing party shall pay an amount of One Hundred (100) % of
the amount clamed in the complaint as attorney's fees which shall in no case be less
than P60,000.00 pesos in addition to other cost and damages which the said party may
be entitled to under the law.

12. This CONTRACT OF LEASE shall be valid and binding between the parties, their
successors-in-interest and assigns.

IN WITNESS WHEREOF, parties herein affixed their signatures on the date and place
above written.

Sgd. Sgd.
Maria Makiling Edward Yahoo
LESSOR LESSEE

Signed in the presence of:

Sgd. Sgd.
Trey Gonometree Nicolas Sparklers
Witness Witness

ACKNOWLEDGEMENT

REPUBLIC OF THE PHILIPPINES)


CITY OF DAVAO . . . . . . . . . . . ..) S.S.

BEFORE ME , a Notary Public for and in the City of Davao, personally


appeared:

Maria Makiling with SSS ID No. 98123 issued at Davao City on April 10, 2014; and

Edward Yahoo, with SSS ID No. 34523 issued at Davao City on March 27, 2011;

all known to me to be the same persons who executed the foregoing instrument and
acknowledged to me that the same is their free and voluntary act and deed. This
instrument relates to a CONTRACT OF LEASE consisting of six (6) pages including this
page whereon this acknowledgment is written and signed by all the parties and their
instrumental witnesses on each and every page hereof.

WITNESS MY HAND AND SEAL this 12th day of January, 2020 at Davao City.
SGD.
Doc. No. 20; JOSE PAOLO P. PACQUIAO
Page No. 1; Notary Public for Davao City
Book No. 1; Commission Serial No. 055-2015
Series of 2020. Until December 31, 2020
Attorney’s Roll No. 4893
PTR NO. 0843813; 01-05-15; Davao City
IBP O.R. No. 87; 01-05-15; Davao City
MCLE Compliance No. III-0000492 issued
on Aug. 20, 2018
CONTRACT OF LEASE OF OFFICE BUILDING

KNOW ALL MEN BY THESE PRESENTS:

THAT this CONTRACT OF LEASE made, executed and entered into by and between:

George O. Buts, Filipino, of legal age, single, with residence at 112 Nickelodeon Street
Ciudad de Ezperanza, Buhangin, Davao City, Philippines, hereinafter called as the
LESSOR;

-AND-

Ryan ReeNolds, Filipino, of legal age, single, with residence at Apartment 2, Makalaya
street, Davao City, Philippines, hereinafter called as the LESSEE;

WITNESSETH: That

WHEREAS, the LESSOR is the true and lawful owner of a building and lot, situated at Lot
3 Sherlock villa Matina, Davao City, Philippines, and duly furnished with the following
personal effects, to wit:

5 Dell Computers
4 Tables
20 Chairs
2 Samsung Television sets
2 Dell Printers

WHEREAS, the LESSEE desires to lease the said building and lot of the LESSOR together
with the above-enumerated personal effects and other facilities inside the premises and
the LESSOR agrees to lease them to the LESSEE subject to the terms and conditions
hereinafter specified;

NOW, THEREFORE, for and in consideration of the foregoing premises and the mutual
covenants of the parties hereto, and the terms and conditions hereinbelow specified,
the LESSOR hereby lets, leases and conveys unto the LESSEE the aforesaid building and
lot together with the above-enumerated personal effects and other facilities inside the
premises, under a contract of lease, in accordance with the following terms and
conditions:

1. The lease is for a period of TWO (2) year to commence on April 8, 2020 and to be
terminated on April 8, 2022;

2. The monthly rental shall be SIXTY THOUSAND PESOS (P60,000.00), to be paid by the
LESSEE to the LESSOR in advance within the first ten (10) days of each calendar month.
It is expressly agreed that payment of the rental herein stipulated shall be made without
the necessity of express demand. The LESSEE should pay to the LESSOR interest at the
rate of three (3) per cent a month on any rental not paid on time to be computed from
the date of delinquency and any fraction of a month shall be considered as one (1)
month for purposes of computing the interest rate;

3. Upon the execution of this contract, the LESSEE shall pay to the LESSOR the sum of
EIGHTY THOUSAND PESOS (P80,000.00),; P60,000.00 of which represents advance rental
for one (1) month, and the other P5,000.00 as deposit to answer for damages and for
any of the LESSEE’s obligation under this contract subject to return upon termination of
this lease and after the leased premises together with the personal effects therein
contained shall have been surrendered to the LESSOR, less whatever account which the
said LESSEE might then be owing to the LESSOR; Accordingly, the first monthly rental
due to the LESSOR shall be paid by the LESSEE within the first ten (10) days of April
2020;

4. The LESSEE hereby agrees and warrants that the leased premises shall not be used for
illegal, immoral, obscene and similar purposes or any other form of business which is
prohibited under the law;

5. The LESSEE shall not make any alterations, or improvements whatsoever on the
leased premises without the prior written consent of the LESSOR, provided, however,
that all such alterations, additions or improvements made by the LESSEE upon the
leased premises, except the movable furniture and fixtures and other improvements
which could be removed without damage or injury to the leased premises, shall become
the property of the LESSOR, without any obligation on the part of the LESSOR to pay for
its costs;

6. That the LESSEE shall at his expense maintain the leased premises in a clean and
sanitary condition, free from obnoxious odors, disturbing noises, or other nuisance and
upon the expiration of the lease, shall surrender and return the leased premises
together with the above-enumerated personal effects and other facilities in as good
condition as they were actually found at the beginning of the lease, ordinary wear and
tear excepted, the LESSEE shall comply with any and all existing rules and safety
regulations, ordinances or laws as well as those rules and regulations or ordinances or
laws which may be promulgated from time to time by the proper government agencies
or other duly constituted authorities of the City or National Government relating to the
use, occupancy and sanitation of the leased premises. The LESSEE shall indemnify and
hold harmless the said LESSOR against all actions, suit, damages, and claim made by
whomsoever by reason of the non-observance and/or non-performance by the LESSEE
of said rules, regulations, ordinances, or laws or any of the covenants of this contract,
without prejudice to the right of the LESSOR to cancel this lease in accordance with the
penal provisions hereinafter contained;

7. The LESSEE shall pay for the replacement with like kind and quality of any glass in the
windows, toilet bowl, lavatory, bathroom fixtures, and other facilities, of said premises
which may be broken or damaged by him or his guests or visitors during the term of this
lease, and any damage caused by LESSEE or his guests on any of the personal effects
other facilities above mentioned, shall be for the exclusive account of the LESSEE;

8. The LESSOR or her authorized agent shall after previous notice to the LESSEE has the
right to enter the leased premises at any time from 6:00 o’clock in the morning to 6:00
o’clock in the afternoon on any day to examine the same or make alteration or repairs
therein or for any purpose which may be deemed necessary for the operation or
maintenance of the premises or its installations;

9. The LESSEE shall not assign or transfer his rights under this contract nor sublease or
sublet all or any part of the leased premises or the above-mentioned personal effects
and facilities of the leased premises;

10. The LESSEE hereby agrees to return and surrender the leased premises together
with the above-enumerated personal effects and other facilities at the expiration of the
term of this lease in as good condition as reasonable wear and tear will permit and
without any delay whatsoever, and if said premises be not surrendered at the expiration
of the term, the LESSEE shall be responsible to the LESSOR for all damages which the
latter may suffer, by reason thereof and indemnify the LESSOR against any and all claims
made by any succeeding LESSEE against the LESSOR resulting from delay by the LESSOR
in delivering possession of the premises to such succeeding LESSEE; And the LESSEE
hereby covenants and agrees that in the event that he will vacate the leased premises,
he shall advise the LESSOR in writing at least ten (10) days prior thereto;

11. The LESSEE shall be fully liable to the LESSOR in all cases where damages of any
nature or kind on the leased premises or personal effects enumerated above is caused
by the fault or negligence of the said LESSEE or his guest; And the LESSOR shall not be
liable for any damage whatsoever which the LESSEE may sustain by reason of fortuitous
events; And the LESSOR shall not make any electrical connections to any electrical
outlets of the leased premises beyond the present load and should the LESSOR need a
bigger electrical load within the leased premises the same should be first duly approved
in writing by a professional electrical engineer and which written approval shall be
turned over to the LESSOR;

12. The LESSEE shall not store or bring into the leased premises any highly inflammable
[cooking gas excepted] or explosive materials, nor install therein any apparatus,
machinery or equipment which may cause obnoxious odors and vibrations of the leased
premises, or increase the fire hazards of the premises, it is being understood that should
the LESSEE do so, not only shall the latter be responsible for all damages which such
violation may cause the LESSOR but the LESSOR shall in addition thereto, have the right
to cancel this contract.

13. In case the leased premises shall be deserted or vacated before the expiration of this
lease and without prior notice to the LESSOR, the latter, or his duly authorized
representative shall have the right to enter the same either by force or otherwise,
without being liable whatsoever and shall have the choice to consider herself as the
agent of the LESSEE, and the LESSOR is empowered and authorized to hold and retain
personal properties to answer for any unpaid rental and/or other obligations as
stipulated in this contract;

14. Failure of the LESSOR to insist upon strict performance of any of the terms,
conditions or covenants of this contract shall not be deemed a relinquishment or waiver
of any right or remedy that said LESSOR may have nor shall it be construed as waiver of
any subsequent breach or default of the terms, conditions and covenants which shall
continue to be in full force and effect. No waiver by the LESSOR of any of her rights
unless expressed in writing and signed by the LESSOR. Should the LESSEE fail to pay the
rent herein stipulated, or violate the terms of this contract, the LESSOR shall have the
right to eject the LESSEE from the premises and to collect and recover from the latter
accrued rentals;

15. That the parties hereto agree that all covenants and agreement herein contained
shall be deemed essential conditions hereof and that if default or breach be made by
any party of any such conditions then the other party shall have the right to terminate
and cancel this contract, judicially or extrajudicially, upon ten (10) days prior notice to
the other party;

16. Should the LESSOR be compelled to seek judicial relief against the LESSEE, or in case
a court litigation is brought under this contract, the parties hereto hereby agree that the
venue shall be in the City of Davao only and the LESSEE shall, in addition to any other
damages that may be awarded to the LESSOR, be liable for attorney’s fee which shall in
no case be less than FIVE THOUSAND PESOS (P5,000.00), Philippine Currency, aside from
costs of litigation and other expenses which under the law the LESSOR may be entitled
to recover from the LESSEE. In all cases where this contract is terminated or cancelled,
whether judicially or extrajudicially by reason of any default or breach committed by the
LESSEE, the LESSEE shall be fully responsible to the LESSOR, for the rentals
corresponding to the remaining terms of this lease as well as for any damages, actual or
consequential resulting from such default and termination of this contract.

IN WITNESS WHEREOF, the parties hereto have hereunto set their hands this
January 15, 2020 in Davao City, Philippines.

Sgd. Sgd.
George O. Buts Ryan ReeNolds
LESSOR LESSEE

Signed in the presence of:

Sgd. Sgd.
Michael Fullido Kelan Witcher
Witness Witness

ACKNOWLEDGEMENT

REPUBLIC OF THE PHILIPPINES)


CITY OF DAVAO . . . . . . . . . . . ..) S.S.

BEFORE ME, a Notary Public for and in the City of Davao, personally appeared:

George O. Buts with SSS ID No. 98123 issued at Davao City on April 8, 2014; and

Ryan ReeNolds, with SSS ID No. 34523 issued at Davao City on September 7,
2014;
all known to me to be the same persons who executed the foregoing instrument and
acknowledged to me that the same is their free and voluntary act and deed. This
instrument relates to a CONTRACT OF LEASE consisting of six (6) pages including this
page whereon this acknowledgment is written and signed by all the parties and their
instrumental witnesses on each and every page hereof.

WITNESS MY HAND AND SEAL this 17th day of January, 2020 at Davao City.

SGD.
Doc. No. 21; JOSE PAOLO P. PACQUIAO
Page No. 1; Notary Public for Davao City
Book No. 1; Commission Serial No. 055-2015
Series of 2020. Until December 31, 2020
Attorney’s Roll No. 4893
PTR NO. 0843813; 01-05-15; Davao City
IBP O.R. No. 87; 01-05-15; Davao City
MCLE Compliance No. III-0000492 issued
on Aug. 20, 2018
CONTRACT OF LEASE WITH OPTION TO PURCHASE
(Rent-to-Own Contract)

This Contract of Lease with Option to Purchase (Rent-to-Own Contract) made and
executed on January 15, 2020 in Davao City, Philippines by and between:

Mike Helt, Filipino, of legal age, single, with residence at 112 Nickelodeon Street Ciudad
de Ezperanza, Buhangin, Davao City, Philippines, hereinafter referred to as the
LESSOR/SELLER.

-AND-

Arl Hei, Filipino, of legal age, single, with residence at Lot 2, Blk 5 Torres, Davao City,
Philippines, hereinafter referred to as the LESSEE/BUYER.

WITNESSETH: That
For and in consideration of the payment of rent and the faithful compliance by the
LESSEE/BUYER of all the stipulations and covenants hereinafter contained, the
LESSOR/SELLER has agreed to lease unto the LESSE /BUYER the premises located at Lot 2
Blk 8 EL RIO, Davao City Philippines, the following terms and conditions.

1. PURPOSE: The premises hereby leased shall be used exclusively by the


LESSE/BUYER for residential purposes only and shall not be diverted to other
uses. It is hereby expressly agreed upon that if at any time the premises are used
for other purposes, the LESSOR/SELLER shall have the right to rescind this
contract without prejudice to its other rights under the law.

2. TERM: The term of this non–renewable lease is for THREE (3) YEARS, from
January 31, 2020 to January 31, 2023 inclusive.

3. RENTAL RATE: The monthly rate for the leased premises shall be THIRTY
THOUSAND PESOS (P30,000.00) Philippine Currency. All rental payments shall be
made payable to Alison DiLaurentis.

4. DEPOSIT: The LESSEE/BUYER shall deposit with the LESSOR/SELLER upon signing
of this contract and prior to move in an amount equal to ten percent (10%) of
the selling price or the sum of ONE HUNDRED EIGHT THOUSAND PESOS
(P108,000.00) Philippine currency.
 
5. RENTAL PAYMENT: The LESSE/BUYER shall issue, likewise, upon signing of this
contract and prior to move in, Thirty (30) post-dated checks to cover monthly
rental for 6 months, each check dated on the 15th day of each month.

6. DEFAULT IN PAYMENT: In case of default by the LESSEE/BUYER in the payment of


the rent, such as when the checks are dishonored, the LESSOR/SELLER, at its
option may terminate this contract and eject the LESSEE/BUYER as hereinafter
provided. However, the LESSE/BUYER is given seven (7) days grace period within
which to settle the account from date rental payment is due. Granting an
extension to the aforesaid grace period may not be deemed as a waiver of
LESSOR/SELLER right to terminate this contract and eject the LESSE/BUYER but in
the event the LESSOR/SELLER so opts to grant a written request for extension, a
penalty equivalent to three (3%) percent per month of the rental due, with a
fraction of a month considered as one month shall be charged and assessed for
delayed payments

7. SUB–LEASE: The LESSEE/BUYER shall not directly or indirectly sublet, allow or


permit the leased premises to be occupied in whole or in part by any person,
form or corporation; neither shall the LESSEE/BUYER assign its rights hereunder
to any other person or entity and no right of interest thereto or therein shall be
conferred on or vested in anyone by the LESSEE/BUYER without LESSOR/SELLER’s
written approval.

8. LESSE’S VISITORS, etc…: In case of damage to leased premises attributable to the


LESSEE/BUYER, agents and/or visitors, repair of the same shall be for the account
of the LESSEE/BUYER without prejudice to LESSOR/SELLER’s availment of any
other right under the law.

9. POWER, WATER CONSUMPTION & ASSOCIATION DUES:  Power, water and


association dues shall be for the account of the LESSEE/BUYER.

10 . OTHER PUBLIC UTILITIES: The LESSEE/BUYER shall pay for its telephone, cable
and electrical services and other public services.
11. REPAIR AND MAINTENANCE: The LESSOR/SELLER shall deliver the leased as is
where is. The LESSEE/BUYER hereby expressly acknowledges that the leased as is
where is. The LESSE/BUYER hereby agrees and binds itself to undertake at its
exclusive expense all minor and major repairs as may be required to maintain the
leased premises in good state of repair, any provisions of law, present or future, or
any stipulation in this agreement to the contrary notwithstanding.

12.IMPROVEMENTS, ALTERATIONS AND RENOVATIONS: The LESSEE/BUYER shall not


make any improvements, alternations and renovations in the leased premises
without prior written consent of both the Association and the LESSOR/SELLER. It is
understood that all permanent improvements shall be owned by the LESSOR/SELLER
and may not be removed without the express and written consent of the
LESSOR/SELLER.

13.INJURY OR DAMAGE: The LESSEE/BUYER hereby assumes full responsibility for


any damage which may be caused to the person or property of third person/s while
remaining either casually or on business in any part of the premises leased.
LESSEE/BUYER further binds itself to hold the LESSOR/SELLER harmless and free
from any claim for such injury or damage. Provided, however, that the
LESSOR/SELLER shall make necessary actions to correct said deficiencies to ensure
that premises are in good and tenantable condition.

17.BREACH OF CONDITIONS: In case of breach by the LESSEE/BUYER of any of the


conditions and covenants of this lease as herein stipulated, the LESSOR/SELLER at its
option, may forthwith terminate and cancel this lease and the LESSEE/BUYER shall
be liable for any and all damages as a result of such default and termination.
Forfeiture of whatever rental desists and advances shall apply in case the
LESSEE/BUYER violates any of the provisions in the contract. Forfeiture shall likewise
apply should the LESSEE/BUYER fails to exercise his option to purchase after the
expiration of this contract.

18.NON-WAIVER OF LESSOR’S RIGHT: Failure of the LESSOR/SELLER to enforce strict


performance by the LESSEE/BUYER of any of the terms, conditions and covenants of
this agreement shall not be construed as waiver of any right or remedy that the
LESSOR/SELLER’S may have, nor shall it be deemed as a waiver of any subsequent
breach of the terms, conditions, and covenants contained therein. No waiver by the
LESSOR/SELLER of its rights hereunder shall be deemed to have been made unless
expressed in writing and signed by the LESSOR/SELLER.

19.EXPIRATION OR CANCELLATION OF LEASE: At the expiration of the term of this


lease or cancellation thereof, as herein provided, the LESSEE/BUYER will promptly
deliver to the LESSOR/SELLER the leased premises with all corresponding keys and in
as good and tenantable condition as the same is now, ordinary wear and tear
excepted, devoid of all occupants, movable furniture, articles and effects of any kind.
Non-compliance with the terms of this clause by the LESSEE/BUYER will give the
LESSOR/SELLER the right, at latter’s option, to refuse to accept the delivery of the
premises and to compel the LESSEE/BUYER to pay therefrom at the same rate as
herein provided plus an additional sum equal to Twenty Five (25%) percent thereof
as penalty until the LESSEE/BUYER shall have complied with terms hereof. The same
penalty shall, likewise, be imposed in case the LESSEE/BUYER shall refuse to leave
the leased premises after the expiration of this Contract of Lease or the termination
for any reason whatsoever.

20. OPTION TO PURCHASE: For good & valuable consideration, the receipt whereof
is hereby acknowledge from the LESSEE/BUYER.  The LESSOR/SELLER hereby extends
an option to the LESSEE/BUYER to purchase for the amount of THIRTY THOUSAND
PESOS (P30,000.00) The LESSEE/BUYER, at his/her/its exclusive option, conditioned
on faithful compliance with all payments and undertakings contained herein, may
convey his/her/its decision to avail of option to purchase in writing to the
LESSOR/SELLER who thereafter shall credit all rental payments.

21. BALANCE AFTER THIS LEASE AGREEMENT: If LESSEE/BUYER complied with all
terms and conditions stated above, inclusive of payment of realty taxes, power,
water and association dues, the outstanding balance of the LESSEE/BUYER shall be
70% of the Total Selling Price amount equivalent to SEVEN HUNDRED FIFTY-SIX
THOUSAND PESOS (P756,000.00) Philippine currency. The LESSEE/BUYER hereby
agrees to execute the Deed of Absolute Sale upon payment in full of the TOTAL
PURCHASE PRICE. Failure of the LESSEE/BUYER to exercise his/its right to purchase
within the period of 30 months from the execution of this contract shall mean
forfeiture and abandonment of his right to purchase. In such case, all payment made
during the term of this lease are considered rentals.

22.TRANSFER EXPENSES: Documentary stamp tax, capital gain tax, registration fees,
transfer tax, and other necessary expenses connected with the execution and
registration of the sale shall be for the account of and paid by the LESSEE/BUYER.
23.TAXES, UTILITIES AND OTHER ASSOCIATION IMPOSITIONS: For the duration of
this lease, LESSEE/BUYER shall pay the Realty Taxes. However, should the
LESSEE/BUYER not exercise the option to purchase, LESSOR/SELLER shall reimburse
the LESSEE/BUYER of all the taxes, exclusive of penalties for delayed payments, if
any, it had paid as well as the start-up fund of the Homeowners Association.

24.JUDICIAL RELIEF AND PENALTY: Should any one of the parties herein be
compelled to seek judicial relief against the other, the losing parties shall pay an
amount equivalent to One Hundred Percent (100%) of the amount claimed in the
compliant as attorney’s fees which shall in no case be less than P 100,000.00 pesos
in addition to other cost and damages which the said party may be entitled to under
the law, to recover from the other party. Provisions of penal character in this
Contract of Lease shall be considered as cumulative to the relief granted by this
section.

25.RIGHTS AND INTERESTS: The rights and interests of the LESSOR/SELLER subject
under this instrument shall be fully assignable by the LESSOR/SELLER subject only to
previous written notice thereof to the LESSEE/BUYER.

26.FORFEITURE OF DEPOSIT: Forfeiture of whatever rental deposit and advances


shall apply to any of the following:

a. When the LESSEE/BUYER is in default in payment for three (3) months. In such
a case, the LESSOR/SELLER shall have the right to prohibit entry of the
LESSEE/BUYER, visitors, guests and his employees in the premises and the right
to   padlock the leased premises until indebted is satisfied;
 
  b. When LESSEE/BUYER pre-terminates lease with or without cause;

c. When LESSEE/BUYER violates any of the provisions of this contract; and

d. When the LESSEE/BUYER fails to exercise his/her option to purchase.

27. PENAL PROVISION: The parties agree that all covenant and agreements herein
contained shall be deemed conditions as well as covenants that if default or breach
be made of any such covenants and conditions, then this lease may be terminated
and cancelled and the party in breach shall be liable for any and all damages, actual
and consequential, resulting from such breach or termination; provided however,
that no default shall be declared under this lease unless the party in default has given
written notice to cure such default within thirty (30) days. In the event of violation of
this contract, other than the non-payment of rentals, the party in breach must
immediately take remedial steps to cure the breach not later than thirty (30) days.

28. RIGHT OF ENTRY: LESSOR/SELLER or its authorized agent/s shall, after giving due
notice to the LESSEE/BUYER, have the right to enter the premises in the presence of
the LESSEE/BUYER or its representative at any reasonable hour to examine the same
or to make repairs therein or for the operation of regular maintenance of the
building or for any other lawful purpose which it may deem necessary.
This RENT TO OWN CONTRACT (CONTRACT OF LEASE WITH OPTION TO PURCHASE) shall
be valid and binding, between the parties, their successors-in-interest and assigns. No
amendment of the terms of the instrument shall be effective unless in writing and
signed by the parties therein.
 
IN WITNESS WHEROF, parties herein have affixed their signatures on the date and place
first above written.

___________________________ ____________________________
Mike Helt Arl Hei
LESSOR/SELLER LESSEE/BUYER

Signed in the presence of:

__________________________ _____________________________
Bryan Shaw Kavin Heart

ACKNOWLEDGEMENT

REPUBLIC OF THE PHILIPPINES)


CITY OF DAVAO . . . . . . . . . . . ..) S.S.

BEFORE ME, a Notary Public for and in the City of Davao, personally appeared:

Mike Helt with SSS ID No. 98123 issued at Davao City on June 8, 2014; and

Kavin Heart, with SSS ID No. 34523 issued at Davao City on January 27, 2013;

all known to me to be the same persons who executed the foregoing instrument and
acknowledged to me that the same is their free and voluntary act and deed. This
instrument relates to a CONTRACT OF LEASE consisting of seven (7) pages including this
page whereon this acknowledgment is written and signed by all the parties and their
instrumental witnesses on each and every page hereof.

WITNESS MY HAND AND SEAL this 14th day of January, 2020 at Davao City.
SGD.
Doc. No. 22; JOSE PAOLO P. PACQUIAO
Page No. 1; Notary Public for Davao City
Book No. 1; Commission Serial No. 055-2015
Series of 2020. Until December 31, 2020
Attorney’s Roll No. 4893
PTR NO. 0843813; 01-05-15; Davao City
IBP O.R. No. 87; 01-05-15; Davao City
MCLE Compliance No. III-0000492 issued
on Aug. 20, 2018
DEED OF ABSOLUTE SALE

KNOW ALL MEN BY THESE PRESENTS:

This DEED OF ABSOLUTE SALE made and executed by and between:

Bogh Verna, Filipino, of legal age, single, with residence at 112 Nickelodeon Street
Ciudad de Ezperanza, Buhangin, Davao City, Philippines, herein referred to as the
VENDOR.

-AND-

Wazhup Mhenenep, Filipino, of legal age, single, with residence at No. 619 Crow St.,
Peter Village, El Rio, Davao City, Philippines, hereinafter referred to as the VENDEE.

WITNESSETH: That
WHEREAS, the VENDOR is the lawful registered owner of the following described
property with improvements thereon, to wit:

TCT No. T-88888

“A parcel of land of the in Novachera subdivision (Lot 10,


Blk. 33 of the subdivision plan Psd-11-032508, being a
portion of lot 1, Pcs-11-002330) situated in Lanang; City of
Davao; Island of Mindanao. Bounded as follows: On the N.,
along line 2-3 by Road Lot 30/6.50 m. wide); on the E.,
along line 3-4 by lot 8; on the S. along line 4-1, by lot 9; on
the W., along line 1-2 by lot 12, all of block 33, all of the
subdivision plan. Beginning at a point marked: “1” on plan,
being N. 19 deg. 44’W., 492.85 m. from M.B.M. No. 17
Cad. 102. Containing an area of ONE HUNDRED (100)
SQUARE METERS, more or less.”

WHEREAS, the above described-property with a house thereon is free of lien and
encumbrances.

WHEREAS, the VENDEE has offered to buy the above-described property together with
the improvements therein from the VENDOR and the latter has agreed to sell the same
to the former in absolute manner.

NOW, THEREFORE, for and in consideration of the sum of ONE MILLION PESOS
(P1,000,000.00) PESOS, Philippine Currency, receipt of which is hereby acknowledged by
the VENDOR from the VENDEE to his full and entire satisfaction, the VENDOR hereby
sells, transfers, and conveys unto the VENDEE, their heirs, successors-in-interest or
assigns, the above-described property with all improvements therein.
IN WITNESS WHEREOF, the parties hereto have hereunto affixed their signatures this
15TH day of January 2020 at Davao City, Philippines.

Sgd. Sgd.
Bogh Verna Wazhup Mhenenep
VENDOR VENDEE

Signed in the Presence of:

Sgd. Sgd.
Ryan Reyyelds Anastasia North
Witness Witness

ACKNOWLEDGEMENT

REPUBLIC OF THE PHILIPPINES)


CITY OF DAVAO . . . . . . . . . . . ..) S.S.

BEFORE ME, a Notary Public for and in the City of Davao, personally appeared:

Bogh Verna with SSS ID No. 98123 issued at Davao City on April 10, 2014; and

Wazhup Mhenenep, with SSS ID No. 34523 issued at Davao City on March 27,
2011;

all known to me to be the same persons who executed the foregoing instrument and
acknowledged to me that the same is their free and voluntary act and deed. This
instrument relates to a Deed of sale consisting of three (3) pages including this page
whereon this acknowledgment is written and signed by all the parties and their
instrumental witnesses on each and every page hereof.

WITNESS MY HAND AND SEAL this 16th day of January, 2020 at Davao City.

SGD.
Doc. No. 23; JOSE PAOLO P. PACQUIAO
Page No. 1; Notary Public for Davao City
Book No. 1; Commission Serial No. 055-2015
Series of 2020. Until December 31, 2020
Attorney’s Roll No. 4893
PTR NO. 0843813; 01-05-15; Davao City
IBP O.R. No. 87; 01-05-15; Davao City
MCLE Compliance No. III-0000492 issued
on Aug. 20, 2018
DEED OF ABSOLUTE SALE 

Know All Men by These Presents: 

           I, Kirk Cobain, Filipino, of legal age, single, and resident of, 112 Nickelodeon Street
Ciudad de Ezperanza, Buhangin, Davao City, Philippines, (VENDOR), for and in
consideration of the amount of ONE MILLION PESOS (P1,000,000.00), paid to me today
by Chriss Ross, Filipino, of legal age, single and resident of No. 66 Jojee St., Peter Village,
Ecoland, Davao City, Philippines, (VENDEE), do hereby SELL, TRANSFER, and CONVEY
absolutely and unconditionally unto said Chriss Ross that certain parcel (s) of
land, together with the buildings and improvements thereon situated in the City of
Tagum, and more particularly described as follows: 

          “A parcel of land designated as Lot. 1, covered by Tax Declaration


No. 2222; bounded on the North by Almendras property, on
the South by a School site; on the West by Dacuum property,
and on the East by Baguntika property, containing an area of
two hundred (225) square meters, more or less.”

          It is hereby declared that the boundaries of the foregoing land are visible by
means of a wooden fence; that permanent improvements existing thereon consist of a
small house; that the land is assessed for the current year at EIGHT HUNDRED FIFTY
THOUSAND PESOS (P850,000.00), as per Tax Declaration No. 23232, and the buildings
and/or improvements, at THREE HUNDRED THOUSAND PESOS (P300,000.00) as per Tax
declaration No. 11232, of the City Assessor of Tagum. 

          The above described real estate, not having been registered under the Torrens
System, the parties hereto have agreed to register this instrument under the provisions
of Sec. 194 of the Revised Administrative Code, as amended. 

           IN WITNESS WHEREOF, I have signed this deed this 15th day of January 2020, in
Davao City, Philippines.

Sgd. Sgd.
Kirk Cobain Chriss Ross
VENDOR VENDEE 

Signed in the presence of:

Sgd. Sgd.
Ran Wishlow Edward Yap
Witness Witness
ACKNOWLEDGEMENT

REPUBLIC OF THE PHILIPPINES)


CITY OF DAVAO . . . . . . . . . . . ..) S.S.

BEFORE ME, a Notary Public for and in the City of Davao, personally appeared:

Kirk Cobain with SSS ID No. 98123 issued at Davao City on April 10, 2014; and

Chriss Ross, with SSS ID No. 34523 issued at Davao City on March 27, 2011;

all known to me to be the same persons who executed the foregoing instrument and
acknowledged to me that the same is their free and voluntary act and deed. This
instrument relates to a DEED OF SALE consisting of two (2) pages including this page
whereon this acknowledgment is written and signed by all the parties and their
instrumental witnesses on each and every page hereof.

WITNESS MY HAND AND SEAL this 16th day of January, 2020 at Davao City.

SGD.
Doc. No. 24; JOSE PAOLO P. PACQUIAO
Page No. 1; Notary Public for Davao City
Book No. 1; Commission Serial No. 055-2015
Series of 2020. Until December 31, 2020
Attorney’s Roll No. 4893
PTR NO. 0843813; 01-05-15; Davao City
IBP O.R. No. 87; 01-05-15; Davao City
MCLE Compliance No. III-0000492 issued
on Aug. 20, 2018
DEED OF ABSOLUTE SALE WITH PACTO DE RETRO
(Right to Repurchase)

KNOW ALL MEN BY THESE PRESENTS:


This Deed of Absolute Sale with Pacto de Retro made and executed by and between:

Edward Coo, Filipino, of legal age, single, with residence at 112 Nickelodeon Street
Ciudad de Ezperanza, Buhangin, Davao City, Philippines, herein referred to as the
SELLER;
-AND-
James Arth, Filipino, of legal age, single with residence at Lot 5 Block 8, EL RIO, Davao
City, Philippines, herein referred to as the BUYER.

WITNESSETH: That

1. The SELLER is the absolute owner of a certain parcel of land situated in San Pablo
City, Province of Laguna, and more particularly described and bounded as
follows:

TCT No. T-123456


A PARCEL OF LAND (Lot 32 of the consolidation-subdivision
plan (LRC) Pcs-5141, being a portion of the consolidation of
Lots 1 and 2, Psu-112287 Amd., LRC (GLRO) Rec. No. N-
17511), situated in the Dist. Of Concepcion, City of San
Pablo, Laguna, Island of Luzon. Bounded on the NE., points
3 to 6, by Lot 85; on the S., points 6 to 1 by Lot 30; on the
SW., points 1 to 2, by Lot 31; and on the N., points 2 to 3 by
Lot 35, all of the consolidation-subdivision plan. Beginning
at a point marked "1" on plan, being N. 51 deg. 36' E.,
1321.76 m. from B.L.L.M. No.1, San Pablo, Laguna (a copy
of which title is hereto attached as Annex "A")

2. The SELLER, for and in consideration of the amount of EIGHT HUNDRED


THOUSAND PESOS (P800,000.00), Philippine Currency, receipt in full is hereby
acknowledged by her  to her satisfaction, hereby SELL,  TRANSFER and CONVEY
under PACTO DE RETRO unto said BUYER, his heirs and assigns, the above
described property with all the buildings and improvement thereon, free from
liens and encumbrances whatsoever;

3. The SELLER, in executing this conveyance, hereby reserves the right to


REPURCHASE, and the BUYER, in accepting the same, hereby obligates himself to
RESELL the property herein conveyed within a period of five (5) years from and
after the date of this instrument for the same price of FIVE HUNDRED
THOUSAND PESOS (P500,000.00), Philippine Currency: Provided however, that if
the SELLER fails to exercise her right to repurchase as herein granted within the
period stipulated, then this conveyance shall become absolute and irrevocable,
without the necessity of drawing up a new deed of absolute sale, subject to the
requirements of the law regarding consolidation of ownership of real property.

IN WITNESS WHEREOF, the parties have hereunto set their hands this 13th day of
January, in Davao City, Philippines.
Sgd. Sgd.
Edward Coo James Arth
SELLER BUYER

Signed in the presence of:

Sgd. Sgd.
Kriss Khaman Mike Reyes
Witness Witness

ACKNOWLEDGEMENT

REPUBLIC OF THE PHILIPPINES)


CITY OF DAVAO . . . . . . . . . . . ..) S.S.

BEFORE ME, a Notary Public for and in the City of Davao, personally appeared:

Edward Coo with SSS ID No. 98123 issued at Davao City on April 10, 2014; and

James Arth, with SSS ID No. 34523 issued at Davao City on March 27, 2011;

all known to me to be the same persons who executed the foregoing instrument and
acknowledged to me that the same is their free and voluntary act and deed. This
instrument relates to a DEED OF SALE consisting of three (3) pages including this page
whereon this acknowledgment is written and signed by all the parties and their
instrumental witnesses on each and every page hereof.

WITNESS MY HAND AND SEAL this 16th day of January, 2020 at Davao City.

SGD.
Doc. No. 25; JOSE PAOLO P. PACQUIAO
Page No. 1; Notary Public for Davao City
Book No. 1; Commission Serial No. 055-2015
Series of 2020. Until December 31, 2020
Attorney’s Roll No. 4893
PTR NO. 0843813; 01-05-15; Davao City
IBP O.R. No. 87; 01-05-15; Davao City
MCLE Compliance No. III-0000492 issued
on Aug. 20, 2018
DEED OF SALE WITH ASSUMPTION OF MORTGAGE

KNOW ALL MEN BY THESE PRESENTS:


This DEED, made and executed in Davao City, Philippines, by and between:

Baby Shark, Filipino, of legal age, single, with residence at 112 Nickelodeon Street
Ciudad de Ezperanza, Buhangin, Davao City, Philippines, herein referred to as the
VENDOR.

-AND-

Mike Santos, Filipino, of legal age, single, with residence at No. 12-B Mark St., Sheppard
Village, Matina Pangi, Davao City, Philippines, herein referred as the VENDEE.

WITNESSETH: That

1. WHEREAS, the VENDOR is the owner of certain parcels of land with all the
improvements existing thereon, situated at Davao City, Philippines, specifically
described as follows:

TCT No. T-312260

“A parcel of land of the subdivision project (Lot 11, Blk. 33


of the subdivision plan Psd-12-054508, being a portion of
lot 1, Pcs-11-002130) situated in the Barangay of Wilfredo
Aquino; City of Davao; Island of Mindanao. Bounded as
follows: On the N., along line 2-3 by Road Lot 30/6.50 m.
wide); on the E., along line 3-4 by lot 8; on the S. along line
4-1, by lot 9; on the W., along line 1-2 by lot 12, all of block
33, all of the subdivision plan. Beginning at a point marked:
“1” on plan, being N. 19 deg. 44’W., 492.85 m. from
M.B.M. No. 17 Cad. 102. Containing an area of TWO
HUNDRED (200) SQUARE METERS, more or less.”

2. WHEREAS, the above-described properties are presently mortgaged to RCBC


SAVINGS BANK to secure the payment of two loans: the first with an original
obligation in the principal sum of P725,000.00 and the second with an original
obligation of P950,000.00 contracted by the VENDOR from the aforenamed
mortgagee under the terms and conditions set forth in two instruments of
mortgage, the first one Loan No. 25-7612-A executed March 12, 2012  and
ratified before MEG MASTERS, Notary Public in and for Davao City, Philippines,
as per Doc. No. 34, Page No. 5, Book No. 5, Series of 2012 of her notarial register,
and the second one Loan No. 27-6543-S executed on February 5, 2013, and 
ratified before MEG MASTERS, Notary Public in and for Davao City, Philippines,
as per Doc. No. 28, Page No. 13, Book No. 6, Series of 2013.

3. WHEREAS, the VENDOR has offered to sell and the VENDEE has agreed to buy
the above-described parcels of land with all the improvements thereon for the
total price of ONE MILLION PESOS (P1,000,000.00) payable in the manner and
form set forth hereinbelow:

NOW, THEREFORE, for and in consideration of the sum of ONE MILLION PESOS
(P1,000,000.00), Philippine currency, the said VENDOR does hereby sell, transfer and
convey, in a manner absolute and irrevocable, unto the VENDEE, his heirs and assigns
the real property above described together with all the improvements existing thereon,
free and clear of all liens and encumbrances excepting the mortgagee as may be
subsisting in favor of RCBC SAVINGS BANK; and

The VENDEE does hereby accept this sale and binds herself to assume as she hereby
assumes the payment of the unpaid balance of the mortgage in indebtedness of the
VENDOR amounting to P300,350 for the first loan and P550,000.00 for the second loan
as of this date in favor of the aforenamed mortgagee and does hereby further agree to
be bound by the precise terms and conditions therein contained.
The SELLER shall secure the approval of the Mortgagee to the assumption by the BUYER
of the mortgages over the subject parcels of land.

N WITNESS WHEREOF, the parties hereto have hereunto set their hands at the place
first above written, on January 13, 2020, in Davao City Philippines.

Sgd. Sgd.
Baby Shark Mike Santos
VENDOR VENDEE

Signed in the presence of:

Sgd. Sgd.
Clito Reyes Adam Santos
Witness Witness

ACKNOWLEDGEMENT

REPUBLIC OF THE PHILIPPINES)


CITY OF DAVAO . . . . . . . . . . . ..) S.S.

BEFORE ME, a Notary Public for and in the City of Davao, personally appeared:

Baby Shark with SSS ID No. 98123 issued at Davao City on April 10, 2014; and

Mike Santos, with SSS ID No. 34523 issued at Davao City on March 27, 2011;

all known to me to be the same persons who executed the foregoing instrument and
acknowledged to me that the same is their free and voluntary act and deed. This
instrument relates to a DEED OF SALE consisting of three (3) pages including this page
whereon this acknowledgment is written and signed by all the parties and their
instrumental witnesses on each and every page hereof.
WITNESS MY HAND AND SEAL this 16th day of January, 2020 at Davao City.

SGD.
Doc. No. 26; JOSE PAOLO P. PACQUIAO
Page No. 1; Notary Public for Davao City
Book No. 1; Commission Serial No. 055-2015
Series of 2020. Until December 31, 2020
Attorney’s Roll No. 4893
PTR NO. 0843813; 01-05-15; Davao City
IBP O.R. No. 87; 01-05-15; Davao City
MCLE Compliance No. III-0000492 issued
on Aug. 20, 2018
CONTRACT TO SELL

KNOW ALL MEN BY THESE PRESENTS:

This CONTRACT TO SELL, made and executed this 15th day of January 2020 by and
between:
 
       Andre Dela Cruz, of legal age, single, Filipino, and with residence and postal address
at 112 Nickelodeon Street Ciudad de Ezperanza, Buhangin, Davao City, hereinafter
referred to as the "SELLER/VENDOR";
 
-AND-
 
        Nina Santos, Filipino and with residence and postal address at 119 Camellia Heights,
Davao City hereinafter referred to as the "BUYER/VENDEE".
 
WITNESSETH;
 
        WHEREAS, the SELLER/VENDOR is the absolute and registered owner of a parcel of
land consisting of TWO THOUSAND (2000) square meters, more or less, located at Lot 8,
Blk 1, Elrio, Davao City and covered by Transfer Certificate of Title No. 222326 issued by
the Registry of Deeds of Davao City;
 
        WHEREAS, the BUYER/VENDEE has offered to buy and the SELLER /VENDOR has
agreed to sell the above mentioned property under the terms and conditions herein
below set forth;
 
        NOW THEREFORE,  for and in consideration  of the total sum of TWO MILLION
PESOS (Php: 2,000,000.00) Philippine Currency, and of the covenants herein after set
forth the SELLER/VENDOR  agrees to sell and the BUYER/VENDEE agrees to buy the
aforesaid property subject to the following terms and conditions:
 
1. The total consideration shall be TWO Million  (Php: 2,000,000.00) PESOS, Philippine
Currency, payable as follows:

a) The amount of THREE HUNDRED THOUSAND (Php: 300,000.00) PESOS, representing


earnest money shall be payable by the BUYER/VENDEE to the SELLER/VENDOR upon
signing of this Contract to Sell;
 
b) The remaining balance in the amount of ONE MILLION SEVEN HUNDRED THOUSAND
(Php: 1,700,000.00) PESOS, shall be paid in Cash on or before 8 th of April 2021.
 
c) In case the check representing the payment for the balance provided in paragraph b
hereof, is dishonored by the drawee bank, the earnest money in the amount of THREE
HUNDRED THOUSAND (Php: 300,000.00) PESOS, shall be forfeited in favor of the
SELLER/VENDOR.
2. Capital Gains Tax and Real Estate Tax, shall be for the account of the
SELLER/VENDOR;
 
3. Documentary Stamps Tax, Registration Fee, registration expenses, and all other
miscellaneous fees and expenses shall be to the account of the BUYER/VENDEE;
 
4. Possession to the subject property shall be delivered by the SELLER/VENDOR to the
BUYER/VENDEE upon full payment of the total consideration;
 
5. Upon full payment of the total price, the SELLER/VENDOR shall sign and execute a
DEED OF ABSOLUTE SALE in favor of the BUYER/VENDEE. The SELLER/VENDOR shall
likewise execute and/or deliver any and all documents, including but not limited to the
original copy of Transfer Certificate of Title, Tax Declaration and all other documents
necessary for the transfer of ownership from SELLER/VENDOR to the BUYER/VENDEE.
 
IN WITNESS WHEREOF, the parties have hereunto affixed their signatures, this 15th day
of January 2020 at Davao City, Philippines.
 
  Sgd. Sgd.
Andre Dela Cruz                                           Nina Santos

 
SIGNED IN THE PRESENCE OF:
 
Sgd. Sgd.
Ender Rhan    Kirk Cobaint           
 

 
ACKNOWLEDGEMENT

REPUBLIC OF THE PHILIPPINES)


CITY OF DAVAO . . . . . . . . . . . ..) S.S.

BEFORE ME , a Notary Public for and in the City of Davao, personally


appeared:

Andre Dela Cruz with SSS ID No. 98123 issued at Davao City on April 10, 2014;
and

Nina Santos, with SSS ID No. 34523 issued at Davao City on March 27, 2011;

all known to me to be the same persons who executed the foregoing instrument and
acknowledged to me that the same is their free and voluntary act and deed. This
instrument relates to a CONTRACT OF LEASE consisting of six (6) pages including this
page whereon this acknowledgment is written and signed by all the parties and their
instrumental witnesses on each and every page hereof.

WITNESS MY HAND AND SEAL this 16th day of January, 2020 at Davao City.

SGD.
Doc. No. 27; JOSE PAOLO P. PACQUIAO
Page No. 1; Notary Public for Davao City
Book No. 1; Commission Serial No. 055-2015
Series of 2020. Until December 31, 2020
Attorney’s Roll No. 4893
PTR NO. 0843813; 01-05-15; Davao City
IBP O.R. No. 87; 01-05-15; Davao City
MCLE Compliance No. III-0000492 issued
on Aug. 20, 2018
RELEASE OF MORTGAGE

KNOW ALL MEN BY THESE PRESENTS:


I, Andre Dela Cruz, of legal age, Filipino, single, and a resident of 112
Nickelodeon Street Ciudad de Ezperanza, Buhangin, Davao City, Philippines,

WITNESSETH:

That I am the Mortgagee in that Deed of Real Estate Mortgage executed by Kirk
Cobaint on January 8, 2020 and registered as Doc. No. 111 Page No.2; Book No. 4; Series
of 2020, in the Notarial Register of Notary Public Davao City, Davao Del Sur;

That having this date received the full amount of EIGHT HUNDRED THOUSAND PESOS
(P800,000.00) in Philippine Currency, from the Mortgagor, which is in full and complete
settlement of the obligation secured by the said mortgage, I do hereby forever RELEASE,
DISCHARGE, AND CANCEL the aforementioned Mortgage, covering the parcel of land
covered by Original/Transfer Certificate of Title No 84585 of the Registry of Deeds of
Davao City situated in the City/Municipality of Davao Del Sur with an area of TWO
THOUSAND (2000) square meters, more or less.

IN WITNESS WHEREOF, I have hereunto set my hand, this 16 th day of January, 2020 at
Davao City, Davao Del sur, Philippines.

Sgd.
Andre Dela Cruz

SIGNED IN THE PRESENCE OF:

Sgd. Sgd.
Ryan Shaw Mike Shaw
Witness Witness

ACKNOWLEDGEMENT

REPUBLIC OF THE PHILIPPINES)


CITY OF DAVAO . . . . . . . . . . . ..) S.S.

BEFORE ME , a Notary Public for and in the City of Davao, personally


appeared:

Andre Dela Cruz with SSS ID No. 98123 issued at Davao City on April 10, 2014;
and

all known to me to be the same persons who executed the foregoing instrument and
acknowledged to me that the same is their free and voluntary act and deed. This
instrument consisting of two (2) pages including this page whereon this
acknowledgment is written and signed by all the parties and their instrumental
witnesses on each and every page hereof.
WITNESS MY HAND AND SEAL this 12th day of January, 2020 at Davao City.

SGD.
Doc. No. 28; JOSE PAOLO P. PACQUIAO
Page No. 1; Notary Public for Davao City
Book No. 1; Commission Serial No. 055-2015
Series of 2020. Until December 31, 2020
Attorney’s Roll No. 4893
PTR NO. 0843813; 01-05-15; Davao City
IBP O.R. No. 87; 01-05-15; Davao City
MCLE Compliance No. III-0000492 issued
on Aug. 20, 2018
DEED OF ASSIGNMENT AND TRANSFER OF RIGHTS
 
 
KNOW ALL MEN BY THIS PRESENTS:
 
        This deed, made and entered into this 16th day of January 2020 at the City of Davao,
by and between:
 
Andre de la Cruz, Filipino Citizen, of legal age, married to Aryat de la Cruz
with residence and postal address at 1234 Oak Lane, Standard Subdivision,
Quezon City, hereinafter referred to as the "ASSIGNOR"
 
-and-
 
Roco Loco, Filipino Citizen, of legal age, married to Patricia San Juan with
residence and postal address at 123A Somerville Plaza Tower, 5678
Mahogany Avenue, Manila, hereinafter referred to as the "ASSIGNEE".
 
WITNESSETH that -
 
        WHEREAS the ASSIGNOR is the buyer of a 2-bedroom unit, located at Room 802,
Verdon Park, Ecoland, Davao City, Philippines with an area of SEVENTY EIGHT (78)
SQUARE METERS more or less, covered by Condominium Certificate Title No. 251252 of
the register of Deeds of Davao, registered in the name of the Bank of the Philippine
Islands.;
 
        WHEREAS, the ASSIGNOR has offered to assign all his rights, title and interest over
the above unit, as referred in said Contract to Sell and the ASSIGNEE hereby accepts the
assignment in accordance with the terms herein set forth;
 
        NOW, THEREFORE, for and in consideration of the foregoing premises and the sum
of THREE MILLION PESOS (P3,000,000.00), PHILIPPINE CURRENCY, which the ASSIGNOR
hereby acknowledged to have received from the ASSIGNEE, the ASSIGNOR hereby
assigns, transfers and conveys unto the ASSIGNEE, all his rights, title and interest to the
aforementioned property and and appurtenant interest in the Condominium project
pursuant to this Agreement and the ASSIGNEE by these presents hereby accepts the
assignment and agrees to be bound by the terms and conditions of the Contract to Sell
and the rules and regulations, and restrictions pertaining to the said unit.
 
IN WITNESS WHEREOF, the parties have hereunto set their hands on the date and place
first above written.
  
 
Sgd. Sgd.
Andre Dela Cruz Roco Loco   
 
Signed in the presence of:
 
Sgd. Sgd.
        Nina Santos Ryan Shaw     
 

ACKNOWLEDGEMENT

REPUBLIC OF THE PHILIPPINES)


CITY OF DAVAO . . . . . . . . . . . ..) S.S.

BEFORE ME, a Notary Public for and in the City of Davao, personally appeared:

Andre Dela Cruz with SSS ID No. 98123 issued at Davao City on April 10, 2014;
and

Roco Loco, with SSS ID No. 34523 issued at Davao City on March 27, 2011;

all known to me to be the same persons who executed the foregoing instrument and
acknowledged to me that the same is their free and voluntary act and deed. This
instrument consisting of Three (3) pages including this page whereon this
acknowledgment is written and signed by all the parties and their instrumental
witnesses on each and every page hereof.

WITNESS MY HAND AND SEAL this 12th day of January, 2020 at Davao City.

SGD.
Doc. No. 29; JOSE PAOLO P. PACQUIAO
Page No. 1; Notary Public for Davao City
Book No. 1; Commission Serial No. 055-2015
Series of 2020. Until December 31, 2020
Attorney’s Roll No. 4893
PTR NO. 0843813; 01-05-15; Davao City
IBP O.R. No. 87; 01-05-15; Davao City
MCLE Compliance No. III-0000492 issued
on Aug. 20, 2018
EARNEST MONEY RECEIPT AGREEMENT
 
 
Received from Andre Dela Cruz with postal address at 112 Nickelodeon Street Ciudad de
Ezperanza, Buhangin, Davao City, the sum of  THREE HUNDRED THOUSAND PESOS (P
300,000.00) covered by ABC Bank, check # 8182758 dated January 12, 2020
representing EARNEST MONEY for payment of a Two-Story house and lot located at 119
Camellia Town, Ecoland, Davao City covered by T.C.T. No. T-2552325.
 
This EARNEST MONEY forms part of the purchase price of TWO MILLION PESOS (P
2,000,000.00). The balance and full payment shall be paid on or before April 8, 2021
 
The BUYER hereby reserves the exclusive right to purchase the aforementioned
property and the SELLER cannot offer the aforementioned property to any third party
until June 1, 2021.
 
Upon full payment, the SELLER shall execute a DEED OF ABSOLUTE SALE in favor of the
BUYER, conveying the subject property with full warranty of a legal and valid title as
provided by law, free and clear from any liens and encumbrances.
 
Upon execution of the DEED OF ABSOLUTE SALE, the SELLER shall undertake the
payment of the Capital Gains Tax. The BUYER shall shoulder the payment of the
Documentary Stamps Tax, Transfer Tax, Registration Fee and all other expenses to
transfer the title of the property under his name.
 
In case of voluntary cancellation of this agreement by the BUYER without any cause on
the part of the SELLER or if the BUYER fails to comply with his obligations mentioned,
then the SELLER shall have the right to terminate this agreement in which case the
EARNEST MONEY in the amount of THREE HUNDED THOUSAND PESOS (P 300,000.00)
shall be forfeited in favor of the SELLER as liquidated damages.
 
 
January 16, 2020
 
 
Sgd. Sgd.
Nina Santos               Andre Dela Cruz
 
DEED OF SALE OF PERSONAL PROPERTY

KNOW ALL MEN BY THESE PRESENTS:

THAT I, Andre Dela Cruz, herein referred to as the VENDOR, of legal age, single, with
residence and postal address at 112 Nickelodeon Street Ciudad de Ezperanza, Buhangin,
Davao City, , Philippines and Nina Santos, herein referred to as the VENDEE, of legal
age, single, with residence and postal address at Lot 1, Blk 8, Elrio Heights, Davao City,
Philippines entered into a SALE of 2014 TOYOTA RAV-4.

The consideration for the sale shall be in the total amount of PESOS: NINE HUNDRED
PESOS (P 900,000.00) Philippine Currency to be paid as follows:

IN WITNESS WHEREOF, I have hereunder affixed my hand this day of 16th of January
2020 at Unit 1, Verdon Park, Davao City, Philippines.

Sgd. Sgd.
Andre Dela Cruz Nina Santos

Signed in the Presence of:

Sgd. Sgd.
Jasmine Sereno Scott Brooks

ACKNOWLEDGEMENT

REPUBLIC OF THE PHILIPPINES)


CITY OF DAVAO . . . . . . . . . . . ..) S.S.

BEFORE ME, a Notary Public for and in the City of Davao, personally appeared:

Andre Dela Cruz with SSS ID No. 98123 issued at Davao City on April 10, 2014;
and

Nina Santos, with SSS ID No. 34523 issued at Davao City on March 27, 2011;

all known to me to be the same persons who executed the foregoing instrument and
acknowledged to me that the same is their free and voluntary act and deed. This
instrument consisting of two (2) pages including this page whereon this
acknowledgment is written and signed by all the parties and their instrumental
witnesses on each and every page hereof.

WITNESS MY HAND AND SEAL this 16th day of January, 2020 at Davao City.
SGD.
Doc. No. 30; JOSE PAOLO P. PACQUIAO
Page No. 1; Notary Public for Davao City
Book No. 1; Commission Serial No. 055-2015
Series of 2020. Until December 31, 2020
Attorney’s Roll No. 4893
PTR NO. 0843813; 01-05-15; Davao City
IBP O.R. No. 87; 01-05-15; Davao City
MCLE Compliance No. III-0000492 issued
on Aug. 20, 2018
DEED OF SALE OF MOTOR VEHICLE
 
KNOW ALL MEN BY THESE PRESENTS:
 
          That I, Andre Dela Cruz, Filipino, of legal age, a resident of 112 Nickelodeon Street
Ciudad de Ezperanza, Buhangin, Davao City, Philippines , is the lawful owner of a certain
motor vehicle which is more particularly described as follows: 
 
MAKE: Toyota Corolla MOTOR NO.              : 8888
SERIES: CRS2019-242 SERIAL/CHASSIS NO.: GHS22f-038-00137
YEAR MODEL : 2019 PLATE NO.                : LAF 3709
FILE NO.                   : 1925-000000025346348
  C.R. NO.                   : 2214486
 
           That for and in consideration of the sum of EIGHT HUNDRED THOUSAND PESOS
P800,000.00, Philippine Currency, receipt whereof is hereby acknowledged to my entire
satisfaction, I hereby sell, transfer and convey by way of Absolute Sale unto NINA
SANTOS, Filipino, of legal age, and resident of Lot 1, Blk 2, Elrio Davao City, Philippines,
the above described motor vehicle, free from all liens and encumbrances.
 
          IN WITNESS WHEREOF, we have hereunto affixed our hands this 15th day of
January, 2020 at Davao City, Davao Del Sur.

Sgd. Sgd.
Nina Santos                             Andre Dela Cruz
Vendee                                               Vendor
 
Signed in the presence of:

Sgd. Sgd.  
Mark Sumbilan Richard Gutsiriz
Witness Witness

ACKNOWLEDGEMENT

REPUBLIC OF THE PHILIPPINES)


CITY OF DAVAO . . . . . . . . . . . ..) S.S.

BEFORE ME, a Notary Public for and in the City of Davao, personally appeared:

Nina Santos with SSS ID No. 98123 issued at Davao City on April 10, 2014; and

Andre Dela Cruz, with SSS ID No. 34523 issued at Davao City on March 27, 2011;

all known to me to be the same persons who executed the foregoing instrument and
acknowledged to me that the same is their free and voluntary act and deed. This
instrument relates to a Deed of Sale consisting of two (2) pages including this page
whereon this acknowledgment is written and signed by all the parties and their
instrumental witnesses on each and every page hereof.

WITNESS MY HAND AND SEAL this 16th day of January, 2020 at Davao City.

SGD.
Doc. No. 31; JOSE PAOLO P. PACQUIAO
Page No. 1; Notary Public for Davao City
Book No. 1; Commission Serial No. 055-2015
Series of 2020. Until December 31, 2020
Attorney’s Roll No. 4893
PTR NO. 0843813; 01-05-15; Davao City
IBP O.R. No. 87; 01-05-15; Davao City
MCLE Compliance No. III-0000492 issued
on Aug. 20, 2018
DEED OF CONDITIONAL SALE OF PERSONAL PROPERTY

KNOW ALL MEN BY THESE PRESENTS:

THAT I, Andre Dela Cruz, herein referred to as the VENDOR, of legal age, single, with
residence and postal address at 112 Nickelodeon Street Ciudad de Ezperanza, Buhangin,
Davao City, , Philippines and Nina Santos, herein referred to as the VENDEE, of legal
age, single, with residence and postal address at Lot 1, Blk 8, Elrio Heights, Davao City,
Philippines entered into a CONDITIONAL SALE of SAMSUNG APPLIANCE SET.

The consideration for the sale shall be in the total amount of PESOS: ONE HUNDRED
EIGHTY PESOS (P 180,000.00) Philippine Currency to be paid as follows:

Down Payment: Monthly Installment Upon signing of this Deed, the VENDEE agrees to
pay the down payment in amount of FORTY THOUSAND PESOS (P 40,000.00) while the
balance of ONE HUNDRED FORTY PESOS (P 140,000.00) shall be paid in 24 equal
monthly installments in the amount of TWENTY THOUSAND PESOS (P 20,000.00)
beginning February 1, 2020 until fully paid.

In case of failure to pay two (2) succeeding monthly instalments, the full balance of the
agreed price shall become due and payable and the VENDEE shall pay all reasonable
attorney's fees and costs of collection.

Upon default, VENDOR may reclaim the said jewelries, hold and dispose of same, and
collect expenses, together with any deficiency due from VENDEE, subject to the
VENDEE's right to redeem said items pursuant to law.

IN WITNESS WHEREOF, I have hereunder affixed my hand this day of 16th of January
2020 at Unit 1, Verdon Park, Davao City, Philippines.

Sgd. Sgd.
Andre Dela Cruz Nina Santos
Vendor Vendee

Signed in the Presence of:

Sgd. Sgd.
Jasmine Sereno Scott Brooks
Witness Witness

ACKNOWLEDGEMENT

REPUBLIC OF THE PHILIPPINES)


CITY OF DAVAO . . . . . . . . . . . ..) S.S.
BEFORE ME , a Notary Public for and in the City of Davao, personally
appeared:

Andre Dela Cruz with SSS ID No. 98123 issued at Davao City on April 10, 2014;
and

Nina Santos, with SSS ID No. 34523 issued at Davao City on March 27, 2011;

all known to me to be the same persons who executed the foregoing instrument and
acknowledged to me that the same is their free and voluntary act and deed. This
instrument consisting of two (2) pages including this page whereon this
acknowledgment is written and signed by all the parties and their instrumental
witnesses on each and every page hereof.

WITNESS MY HAND AND SEAL this 16th day of January, 2020 at Davao City.

SGD.
Doc. No. 32; JOSE PAOLO P. PACQUIAO
Page No. 1; Notary Public for Davao City
Book No. 1; Commission Serial No. 055-2015
Series of 2020. Until December 31, 2020
Attorney’s Roll No. 4893
PTR NO. 0843813; 01-05-15; Davao City
IBP O.R. No. 87; 01-05-15; Davao City
MCLE Compliance No. III-0000492 issued
on Aug. 20, 2018
CONTRACT OF SALE OF VESSEL

KNOW ALL MEN BY THESE PRESENTS:

I, Andre Dela Cruz, Filipino, of legal age, single with residence and post office address
at 112 Nickelodeon Street Ciudad de Ezperanza, Buhangin, Davao City, Philippines, for
and in consideration of the sum of EIGHTY FIVE MILLION (P 80,000,000), Philippine
currency, to me in hand paid by, Nina Santos, Filipino, of legal age, single, with
residence and posit office address at Lot 1, Blk. 8, Elrio Heights, Davao City, Philippines,
do hereby SELL, TRANSFER and CONVEY unto the said Nina Santos, her heirs and
assigns, the following vessel, described as follows, to wit:

Built: Korea
Place of Registration: Manila City
Call sign: 8Ps4sF
Register tonnage: FHSJG28fH
Register number: 22155287

On the following conditions: my title thereto being evidenced by Certificate of


Ownership No. 987654, dated January 16, 2020, issued by Collector of Customs.

1. DEPOSIT

As a security for the correct fulfillment of this contract, the buyer shall pay a deposit
of 10%-ten percent- of the Purchase Money within 30 days from the date of this
agreement. This amount shall be deposited with Development Bank of the Philippines,
Davao City Branch, to be held by the seller and buyer in joint account. Any fee charged
for holding said deposit shall be borne equally by both parties.

2. PLACE AND TIME OF DELIVERY

The vessel shall be delivered and taken over in Davao City, Philippines.

The sellers shall keep the buyer well posted about the vessel’s itinerary and
estimated time of place of dry docking.
Should the vessel become a total loss before delivery the deposit shall immediately
be released to the buyer and the contract thereafter considered null and void.

The seller shall deliver the vessel to the buyer with everything belonging to her
on board and on shore. All spareparts and spare equipments including spare tail-end
shafts and spare propellers and other navigational equipments, if any, belonging to the
vessel at the time of inspection, used or unused, whether on board or not shall become
the buyer’s property.

3. OWNERSHIP

Ownership of the vessel does not transfer to the Purchaser until confirmation of
payment.
4. ACKNOWLEDGMENT

The s acknowledges that the vessel is second hand and that the Vendor does not
warrant it to be of any particular quality or fitness of purpose and the Purchaser has
entered into this Agreement without relying on any representation or warranty given by
the Vendor or the Vendor’s Agent (other than those expressed in this Agreement) and
the Purchaser has relied on his/her own inspection (and Surveyors, if appropriate).

5. SURVEY

The Vendor when required by the seller shall place the Vessel at the Vendor’s
risk and expense on the hard for survey purposes. The seller shall arrange for a survey of
the Vessel by a recognized Marine Surveyor at the seller’s expense such survey to be
carried out within fourteen days of the signing of this Agreement by both parties. If the
Survey finds the Vessel to be seriously defective or unsound the seller shall within seven
days of his receiving the Surveyor’s report give a copy to the seller and the buyer may
cancel this Agreement or notify the seller in writing requiring the seller to remedy any
serious defect or unsoundness so found. If the Purchaser makes a requirement of the
seller the seller shall have the option either to remedy the defect or to cancel this
Agreement.

If the seller or buyer elects to cancel this Agreement then they shall give written
notice to the other party within seven days of the seller receiving a copy of the report.
In that event, any deposit paid shall be refunded to the buyer without deduction and
neither party shall have any right or claim against the other.

The seller shall not be liable to remedy any defect or unsoundness in the vessel
in any of the following events:
(a) If the survey is not carried out within fourteen days of the signing of this Agreement
by both parties, or
(b) If within seven days of the buyer receiving the report from the Surveyor the buyer
fails to give to the vendor a copy of the report and to require that any defect or
unsoundness be remedied, or
(c) If the buyer takes possession of the vessel before giving a copy of the report to the
seller, or
(d) If the defect or unsoundness is not located by the survey, or
(e) If the seller has disclosed the defect or unsoundness to the buyer prior to this
Agreement being signed by the buyer.

7. SEA TRIAL

This Agreement is conditional upon a trial of the vessel and her gear being to the
satisfaction of the Purchaser. The Vendor and the Purchaser shall forthwith upon signing
of this Agreement by both parties appoint a day and time for the trial, such a day not to
be more than fourteen days after the said signing. If the sea trial is not carried out
within twenty days of the said signing, time being of the essence, then this condition
shall be deemed to be satisfied. If upon trial the Purchaser is not satisfied with the
vessel and her gear the Purchaser shall give written notice to the Vendor within two
days of the trial that the Purchaser is not satisfied whereupon this Agreement shall be
canceled and any deposit paid shall be refunded in full to the Purchaser without
deduction and neither party shall have any right or claim against the other.
8. RISK

The vessel and all her gear shall be at the sole risk of the Vendor until settlement
date. PENDING settlement the Vendor may continue to use the vessel and all gear at the
Vendor’s own risk.

9. PRIOR CHARGES.

The Vendor shall pay all outstanding maintenance, mooring, slipping and storage
charges for the vessel incurred up to the settlement date.

10. ENCUMBRANCES

The sellers warrant that the vessel, at the time of delivery, is free from all
encumbrances and maritime liens or any other debts whatsoever. Should any claims
which have been incurred prior to the time of delivery be made against the vessel, the
seller shall undertake to indemnify the buyers against all consequences of such claims.

11. TAXES ETC.

Any taxes, fees and expenses connected with the purchase and registration of
the buyer’s flag shall be for the buyer’s account whereas similar charges connected with
the closing of the seller’s register shall be for the seller’s account.

12. CONDITIONS ON DELIVERY

The vessel with everything belonging to it shall be at the seller’s risk and
expenses until it is delivered to the buyer, but subject to the conditions of this contract,
it shall be delivered and taken over as it is at that time of inspection, fair, wear and tear
excepted.

13. NAME AND MARKINGS

Upon delivery the seller shall undertake to change the name vessel and alter
funnel markings.

14. SELLER’S DEFAULT

If the seller fail to execute a legal transfer or to deliver the vessel with everything
belonging to her in the manner and within the time specified above, the buyer shall
have the same right to cancel this contract in which case the deposit in full shall be
returned to the buyer together with the interest at the rate of 10 percent per annum.
The seller shall make due compensation for the losses caused to the buyer by the failure
execute a legal transfer or to deliver the vessel in the manner and within the time
specified above, if such are due to the proven negligence of the seller.

If any dispute should arise in connection with the interpretation and fulfillment
contract, same shall be decided by the arbitration in the city of Davao, Philippines.
15. REMEDIES ON DEFAULT.

If the buyer fails to settle the purchase on the settlement date, and following
written notice to settle within seven days of settlement date, the Vendor may at the
Vendor’s option without prejudice to any other rights or remedies available to him/her
at law or in equity:

(a) Cancel this Agreement in which case he/’she may pursue all or any of the following
remedies, namely:

a. Forfeit and retain for his/her own benefit the deposit paid by the Purchaser (less
brokerage commission on the purchase price) but not exceeding in all 10% of the
purchase price.
(ii) Sue the Purchaser for damages but in that event the Vendor shall be required to give
credit for any deposit, less brokerage commission, retained by the Vendor.
(iii) Re-sell the vessel whether by auction or by private contract and either for cash or on
credit and upon such other terms and conditions as he/she may think proper with
power to vary any contract for sale, buy in at auction and re-sell. If on any bona fide re-
sale contracted within one year from the date of the Vendor’s cancellation the Vendor
incurs a loss, the Purchaser shall pay to the Vendor as damages the amount of the loss
which may include interest at 17 per centum per annum from the settlement date to the
date of the Vendor’s cancellation and all costs and expenses reasonably incurred in any
re-sale or attempted re-sale. On any re-sale the Vendor shall give credit for any deposit,
less brokerage commission, and any money paid on account of the purchase price but
the Vendor shall retain any surplus money.

13. OWNERSHIP AND UNDERTAKING – GUARANTEE OF CLEAR TITLE

The seller is the sole legal owner of the vessel and the vessel and all her gear
mentioned in the inventory and specification attached will be passed to the buyer on
settlement free from any mortgage, instrument by way of security or any other charge
or encumbrance whatsoever.

IN WITNESS WHEREOF, I have here unto set my hands this day of 16th January
2020, in Davao City, Philippines.

Sgd. Sgd.
Andre Dela Cruz Nina Santos

Signed in the presence of:

Sgd. Sgd.
Kirk Cobaint Swamp Hugh
Witness Witness
ACKNOWLEDGEMENT

REPUBLIC OF THE PHILIPPINES)


CITY OF DAVAO . . . . . . . . . . . ..) S.S.

BEFORE ME , a Notary Public for and in the City of Davao, personally


appeared:

Andre Dela Cruz with SSS ID No. 98123 issued at Davao City on April 10, 2014;
and

Nina Santos, with SSS ID No. 34523 issued at Davao City on March 27, 2011;

all known to me to be the same persons who executed the foregoing instrument and
acknowledged to me that the same is their free and voluntary act and deed. This
instrument consisting of seven (7) pages including this page whereon this
acknowledgment is written and signed by all the parties and their instrumental
witnesses on each and every page hereof.

WITNESS MY HAND AND SEAL this 16th day of January, 2020 at Davao City.

SGD.
Doc. No. 33; JOSE PAOLO P. PACQUIAO
Page No. 1; Notary Public for Davao City
Book No. 1; Commission Serial No. 055-2015
Series of 2020. Until December 31, 2020
Attorney’s Roll No. 4893
PTR NO. 0843813; 01-05-15; Davao City
IBP O.R. No. 87; 01-05-15; Davao City
MCLE Compliance No. III-0000492 issued
on Aug. 20, 2018
DEED OF SALE OF LARGE CATTLE

KNOW ALL MEN BY THESE PRESENTS:

That, I, Andre Dela Cruz, of legal age, Filipino, single, and with address at 112
Nickelodeon Street Ciudad de Ezperanza, Buhangin, Davao City, Philippines, FOR AND IN
CONSIDERATION OF THE SUM OF Two Hundred and Fifty Thousand Pesos (P250,000.00)
paid by Nina Santos likewise Filipino, of legal age, single, and with address at Lot 1, Blk.
8, Elrio Heights, Davao City, Philippines, have sold, transferred, and conveyed, and by
these presents do hereby SELL, CEDE, and TRANSFER unto the said RICHARD GORDON,
her heirs and assigns, one (1) Australian Brangus cow, described as follows:

One (1) Australian Brangus cow


Age _1 year__ Sex _Female__
Cowlicks __2____( between the eyes, shoulder, and neck)
Brand B Left Hip Cattle A/B

As shown in the Certificate of Ownership No. 8888 issued in the Ecoland, Davao
City.

IN WITNESS WHEREOF, we have hereunto affixed our hands this 16th day of
January, 2020 at the City of Davao.

Sgd. Sgd.
Andre Dela Cruz Nina Santos

WITNESSES:

Sgd. Sgd.
Kirk Cobaint Stephen Chow

ACKNOWLEDGEMENT

REPUBLIC OF THE PHILIPPINES)


CITY OF DAVAO . . . . . . . . . . . ..) S.S.

BEFORE ME, a Notary Public for and in the City of Davao, personally appeared:

Andre Dela Cruz with SSS ID No. 98123 issued at Davao City on April 10, 2014;
and

Nina Santos, with SSS ID No. 34523 issued at Davao City on March 27, 2011;
all known to me to be the same persons who executed the foregoing instrument and
acknowledged to me that the same is their free and voluntary act and deed. This
instrument consisting of two (2) pages including this page whereon this
acknowledgment is written and signed by all the parties and their instrumental
witnesses on each and every page hereof.

WITNESS MY HAND AND SEAL this 16th day of January, 2020 at Davao City.

SGD.
Doc. No. 34; JOSE PAOLO P. PACQUIAO
Page No. 1; Notary Public for Davao City
Book No. 1; Commission Serial No. 055-2015
Series of 2020. Until December 31, 2020
Attorney’s Roll No. 4893
PTR NO. 0843813; 01-05-15; Davao City
IBP O.R. No. 87; 01-05-15; Davao City
MCLE Compliance No. III-0000492 issued
on Aug. 20, 2018
DEED OF DONATION
 
 
KNOW ALL MEN BY THESE PRESENTS:

That I, Andre Dela Cruz, of legal age, single, with postal address at Ecoland, Davao City,
hereinafter referred to as the DONOR, and Nina Santos, likewise of legal age, single,
with postal address at Buhangin, Davao City hereinafter called the DONEE, witnesseth:

That the DONOR is the registered owner of a parcel of land, more particularly described


as follows:

Technical Description

TCT o. T-24512

“Beginning at a point marked “1” on plan being N. 37deg.


09’W.,2085.81 m. from BLLM No. 03, Cad. 174 thence..........

S. 89 deg. 56’ W., 11.88 m. to pint 2


N. 00 deg. 04’ W., 18.93 m. to point 3
N. 00 deg. 03’ W., 18.96 m. to point 4
N. 89 deg. 59’ E., 11.88 m. to point 5
S. 00 deg. 04’ E., 37.88 m. to point of beginning.

Containing an area of FIFTY THOUSAND FOUR HUNDRED SEVENTY-TWO


(50,472) SQUARE METERS, more or less. All points referred to are indicated
on the plan and are marked on the ground as follows: All points by P”.S”
cyl. Conc. Mons. 15 x 50 cms. Bearings true...”

That the DONEE is a cousin of the DONOR, who has lovingly dedicated five (10) years of
his life as the latter's personal caregiver and companion;

That FOR AND IN CONSIDERATION of the DONEE'S trust, devotion and affection shown
to the DONOR, and as an act of gratitude and liberality on his part, the DONOR hereby
voluntarily GIVES, TRANSFERS, and CONVEYS by way of donation, unto the said DONEE,
his heirs and assigns, the above described property, together with all the improvements
found thereon, free from all liens and encumbrances;
 
That the DONOR affirms that this donation is not made with intent
to deceive his creditors, and that he has reserved for himself sufficient funds and
property;

That the DONEE hereby accepts and receives this donation made in his favor by
the DONOR, and hereby manifests his gratefulness for the latter's generosity.

IN WITNESS WHEREOF, both the DONOR & DONEE have hereunder subscribed their


names this 16th day of January 2020 at Davao City, Philippines.
 
 
       Sgd. Sgd.
                       Andre Dela Cruz                                  Nina Santos
  Donor Donee

WITNESSES:
 
       Sgd. Sgd.
  Kirk Cobaint Stephen Chow

 ACKNOWLEDGEMENT

REPUBLIC OF THE PHILIPPINES)


CITY OF DAVAO . . . . . . . . . . . ..) S.S.

BEFORE ME, a Notary Public for and in the City of Davao, personally appeared:

Andre Dela Cruz with SSS ID No. 98123 issued at Davao City on April 10, 2014;
and

Nina Santos, with SSS ID No. 34523 issued at Davao City on March 27, 2011;

all known to me to be the same persons who executed the foregoing instrument and
acknowledged to me that the same is their free and voluntary act and deed. This
instrument consisting of three (3) pages including this page whereon this
acknowledgment is written and signed by all the parties and their instrumental
witnesses on each and every page hereof.

WITNESS MY HAND AND SEAL this 16th day of January, 2020 at Davao City.

SGD.
Doc. No. 35; JOSE PAOLO P. PACQUIAO
Page No. 1; Notary Public for Davao City
Book No. 1; Commission Serial No. 055-2015
Series of 2020. Until December 31, 2020
Attorney’s Roll No. 4893
PTR NO. 0843813; 01-05-15; Davao City
IBP O.R. No. 87; 01-05-15; Davao City
MCLE Compliance No. III-0000492 issued
on Aug. 20, 2018
JOINT VENTURE AGREEMENT

KNOW ALL MEN BY THIS PRESENTS

VERBU ELECTRONICS ENTERPRISE, a registered corporation in the Philippines,


with postal address at 112 Nickelodeon Street Ciudad de Ezperanza, Buhangin,
Davao City, Philippines and as represented by its president, Andre Dela Cruz;

- AND –

SHOWEZ ELECTRONICS is a JAPAN-BASED company with head office address at,


5th Avenue, HIROSHIMA, Japan, and as represented by its president Ryan Yui;

WHEREAS, SHOWEZ, founded in 1993, is a company engaged in Electronics


Engineering Design and Construction Management and participated in some of the most
prestigious and notable projects throughout Hiroshima, and abroad;

WHEREAS, VERBU, founded in 2008, likewise engaged in Electronics Engineering


and Construction development in the Philippines;

WHEREAS, the globalization of construction market and the evolution of the Real
Estate Electronics Industries called for the two companies to joint into a partnership to
tap the Philippine Electronic Market;

NOW, THEREFORE, for and in consideration of the foregoing and the mutual
covenants and stipulations hereinafter set forth, both companies have agreed to do
business and to undertake any and all types of electronic development projects in the
Philippines to be awarded to the Joint Venture subject to the following terms and
conditions.

SECTION-1 FORMATION AND NAME

The companies hereby form a venture pursuant to the laws of the Philippines. For all
intents and purposes, the Joint Venture Entity established hereby be known as VERBU-
SHZ LTD.

SECTION-2 CONTRACTUAL INTENT

In entering into this agreement, the companies hereby declare and affirm that
their primary contractual intent is to pool their resources and expertise to undertake
contracts on any type of construction projects in the Philippines and carry on any and all
such activities as may be necessary to the business of the Joint Venture.

SECTION-3 VERBU RESPONSIBILITIES


3.1 VERBU shall initiate, look, negotiate and close any business transactions related
to Architectural and Engineering projects in the Philippines or outside the
country if opportunity comes.

3.2 For any closed projects in the country, VERBU shall act as the business
administrator to handle the following but not limited to legal aspects, personnel
& human resources, finance and accounting, materials, liaison work,
government permits and licensing and other administrative works.

3.3 Architectural and Engineering works shall be shared by both companies and
shall be treated on a project case to case basis depending on the project type
and requirement.

3.4 Manner of cooperation and coordination shall be established properly to obtain


a smooth project management implementation.

SECTION-4 SHOWEZ RESPONSIBILITIES

4.1 SHOWEZ shall play a major role in the Electronic Design of big projects
introduced by ALPA into this Joint Venture Agreement (JVA). (Big projects are
defined as project with a minimum project cost of U.S.D. 2.0 Million)

4.2 As mandated by applicable Philippine Laws, SHOWEZ shall introduce and


transfer new Engineering Technologies, System, Method and Management
approach to benefit the Filipino technical people and help in promoting
economic growth in the country.

4.3 With cooperation from VERBU, to act as the project manager for any
construction projects in the country to cover but not limited to management of
manpower, machineries, contract, cost, schedule, management, quality, safety
and environment.

4.4 If not available in the local market to supply construction materials equipments
and machineries from Korea to support the project specifications, requirement
and feasibility.

4.5 To finance all projects awarded into the Joint Venture from conceptual design to
engineering, development and construction.

SECTION-5 PRINCIPAL OFFICE

The principal office and business location for the Joint Venture shall be in Davao
City, Philippines.

SECTION-6 TERM
The term of this JVA shall be for an extendable period for Five (5) years
commencing on the date of signing this agreement unless earlier terminated by the
provisions hereof, by applicable laws of the Philippines, or by bankruptcy, retirement or
withdrawal of both companies.

SECTION-7 INVESTMENT PURPOSE

Each of the companies represents and warrants that their respective company is
acquiring their interest in the JVA for their own account, for investment, and not with a
view to the sale or distribution thereof.

SECTION-8 CAPITAL BUILD-UP

8.1 SHOWEZ shall play the major role of building capital for any and all awarded
projects to the Joint Venture.

8.2 If additional capital is required to support awarded projects, VERBU shall initiate
the exploratory talk with various creditors and connections in the Philippine
Financing Institutions, to facilitate documents and information required by the
bank(s) and to work for the approval of required loan.

SECTION-9 LIABILITIES OF THE COMPANIES

During the existence of the JVA, neither companies shall be liable for any
obligations of the other company created without the express approval of both VERBU
and SHOWEZ. The companies shall each be responsible for losses on their particular
undertaking on any projects any awarded to the JVA.

SECTION-10 EXPENSES

10.1 Expenses of either party before the formation of the Joint Venture shall be
shouldered individually by the parties;

10.2 Expenses required and related to the formation of the Joint Venture like
processing of permits and licenses with concerned government agencies and
instrumentalities shall be for the account of the Joint Venture;

10.3 In the event that the Joint Venture has already a project, awarded, then
expenses required, necessary and related to the project shall be for the account
of the Joint Venture;

10.4 Expenses during the project implementation, from the conceptualization, to


project design, engineering, licenses, permits and construction shall be laid down
in detail to determine the specific expenses required and necessary by either
party in charge of said scope of work in the project.

SECTION-11 PROFIT SHARING


(For further negotiation)

SECTION-12 REPRESENTATIONS AND WARRANTIES


OF THE COMPANIES

Each companies to this JVA warrants and represents unto the other the
following:

12.1 Each company has all the requisite power, authority and capability to enter into
this JVA and perform its obligations hereunder according to the terms hereof,
and that each has been authorized and empowered by its respective
stockholders and/or Board of Directors to enter into and execute this
agreement.

12.2 The execution, delivery and performance of this JVA by it do not violate any
provision of applicable Philippine Law or do not conflict with its charter and by-
laws, and do not conflict with, or result in a breach or termination of any
provision of or constitute a default under, or result in the creation of any lien,
charge or encumbrance upon any of its properties or assets pursuant to any
indenture, mortgage, deed of trust or other agreement or instrument by which it
or any of its assets and properties may be bound.

SECTION-13 NATURE OF PERFORMANCE

During the experience of JVA, the companies shall be responsible for performing
the following duties.

13.1 VERBU at its option shall undertake the site preparation, site development,
mechanical, electrical, plumbing, masonry works, metal fabrication
works/installation including some finishing works and painting works on any
and all construction projects awarded to the JVA in addition to those
responsibilities set out in “Section-3” of this JVA.

13.2 SHOWEZ shall undertake the building foundation, civil and structural works on
any building construction including newly introduced wall cladding and
finishing technology not locally available in the Philippine construction
standard on any and all construction projects awarded to the JVA in addition to
those duties set out in “Section-4” of this JVA.

SECTION-14 JOINT VENTURE DECISIONS

All decisions, including, but not limited to, purchase of assets by the Joint
Venture, any loan or other obligation to be undertaken by the JVA, and the sale of any
asset of the Joint Venture, shall require the approval of both VERBU and SHOWEZ.

SECTION-15 DISTRIBUTIONS
Distributions of any profits of the Joint Venture during the term of its existence
shall be made at such times and in such amount as the companies shall agree hereafter.

SECTION-16 FISCAL YEAR AND ACCOUNTING

The joint venture’s fiscal year shall commence on January 1 st of each year and
shall end on December 31st of each year. Full and accurate books of account shall be
maintained at such place as the Companies may from time to time designate, and shall
reflect the condition of the business and finances of the joint venture. Each of the
Companies shall have access to such books of account for the purpose of examining
them at any time during business hours. At the end of each year, the Companies shall
cause the accountant of the joint venture to prepare a balance sheet setting forth the
financial position of the joint venture as of the end of that year and a statement of
operations, i.e. income and expenses, for that year. A copy of the balance sheet and
statement of operations shall be delivered to each of the Companies as soon as possible
after the end of the fiscal year.

Each of the Companies shall be deemed to have waived objection to any


transaction or other fact disclosed in such balance sheet and/or statement of operations
unless he shall have notified the other party in writing of any objection within ten (10)
days of the date on which such statement is mailed.

SECTION-17 BANKING

The joint venture shall maintain a bank or asset management account or


accounts in such as a manner in which the Companies may agree, in a national bank,
state bank or commercial banks within the Philippines.

SECTION-18 MUTUAL COOPERATION

The Companies shall at all times exert their best efforts to promote for the
common benefit of all the success of the Joint Venture;

Each of the Parties acknowledges that at all times; the individual actions of any
party shall reflect the mutual interest of all the Companies.

SECTION-19 RELATIONSHIP BETWEEN PARTIES

The relationship of the Companies under and in relation to this JVA shall be
limited to the matters herein contained and nothing herein provided shall be considered
or interpreted as constituting the relationship of the Companies or any of them as a
partnership in which any one or more of the Companies may be liable for the acts or
omissions of any other party or Companies, nor shall anything herein contained be
considered or interpreted as constituting any party as the general agent of any other
party.

SECTION-20 MODIFICATIONS

This JVA shall not be altered, changed, supplanted or amended except by written
instrument signed by the duly authorized representatives of the Companies.
SECTION-21 INTERPRETATION AND SEVERABILITY

The headings herein are for the purpose of convenient reference only and shall
not form part of this JVA or affect the construction or interpretation hereof.

If any provision contained in this JVA is ineffective, void able, illegal or


unenforceable or if this JVA would, if a particular provision were not omitted here from,
be ineffective, void, void able, illegal or unenforceable, that provision shall (without in
any way affecting the effectiveness, validity, legality and enforceability of the remainder
hereof) be sever able here from and this JVA shall be read and construed and take effect
for all purposes as if that provision were not contained herein. Where used herein, the
singular number shall include the plural and vice-versa and any reference to any gender
shall include any other gender.

SECTION-22 EXIT PROVISIONS

If any of the following events occur:

22.1 Breach by any party of any of the terms and conditions of this Agreement; and

22.2 Bankruptcy, insolvency or any proceeding analogous in nature of effect is


instituted by or against any party, or such party is dissolved or liquidated,
whether voluntary or involuntary, then the party not in breach or not involved in
the above proceedings (the “Aggrieved Party”) shall have the right to terminate
this JVA upon fifteen (15) days written notice to the other party. This Aggrieved
Party shall then have a right to demand for an accounting and each party shall
then settle all their respective outstanding obligations.

Failure of either party at any time to require performance by the other party of
any provision hereof or avail of the remedies open to it shall in no way affect the full
right to require such performance or avail such remedy any time thereafter. Nor shall
the waiver by either party of a breach of any provision hereof be taken or held to be a
waiver of any succeeding breach of such provision or as a waiver of the provision itself.

SECTION-23 FURTHER ASSURANCE

The Companies shall sign, execute and deliver all such deeds, documents,
instruments and assurances and do all acts, matters and things as shall be reasonably
necessary or desirable to give full effect to this JVA.

SECTION-24 VENUE OF ACTIONS

If any dispute arises hereunder which cannot be settled by mutual accord


between the Companies to such dispute, then the venue of any legal action shall be in
the proper courts of Philippines only.

SECTION-25 ASSIGNMENT
The VERBU and the SHOWEZ may not sell, assign, transfer or otherwise
encumber or convey its interest in this JVA or all or any part of its rights and obligations
hereunder without the approval of both companies.

SECTION-26 NOTICES

All notices, correspondences or other writings relative to this JVA shall be given
to the address given above or to such address as may be givento the other in writing
and duly received by the latter.

SECTION-27 ALLOCATIONS OF COMMISSIONS TO AGENTS & BROKERS

All considerations to Third Parties (Agents & Brokers) such as benefits, fees and
commissions to any and all transactions in relation to the business operation shall be
allocated and considered as operational expenses which were mutually agreed upon by
the Companies in this JVA.

SECTION-28 ENFORCEMENT AND CONTRACT DURATION

This JVA is valid, enforceable and effective for any and all transactions between
Parties hereto and shall comply with the Laws of the Philippines. The duration of this
JVA is Five (5) Years from date hereto.

SECTION-29 AMENDMENTS AND SUPPLEMENTS

All amendments to this JVA shall be deemed valid and binding upon contracted
Companies only if made by the mutual consent in writing of the party and signed by the
original signatories of both parties to this contract.

This contract shall be legally acceptable after being signed and stamped with the
corporate seals by the authorized representatives of the contracted parties with full
corporate power vested to them by their respective companies.

After signing of this contract, all previous verbal and / or written arrangement
concerning the subject of this contract shall be considered null and void.

Present contract is written in English language in Six (6) copies. Two (2) copies each for
VERBU and SHOWEZ to be provided; Two (2) copies for the Notary Public Lawyer.

SECTION-30 APPLICABLE LAWS AND DEFINITIONS

This JVA shall be governed by and done according to the Laws of the Philippines. In case
of different languages, only the English language interpretation shall govern this JVA.

IN WITNESS THEREOF, both parties have caused this Joint Venture Agreement to be
signed and executed by their representatives and have hereby understood, agreed and
accepted the Terms and Conditions so stated herein with signatures affixed below on
the first date above written.
Sgd. Sgd.
Andre Dela Cruz Kenny Rogers
President of Verbu President of Showez

SIGNED IN THE PRESENCE OF:

Sgd. Sgd.
Kirk Cobaint Stephen Chow

ACKNOWLEDGEMENT

REPUBLIC OF THE PHILIPPINES)


CITY OF DAVAO . . . . . . . . . . . ..) S.S.

BEFORE ME, a Notary Public for and in the City of Davao, personally appeared:

Andre Dela Cruz with SSS ID No. 98123 issued at Davao City on April 10, 2014;
and

Nina Santos, with SSS ID No. 34523 issued at Davao City on March 27, 2011;

all known to me to be the same persons who executed the foregoing instrument and
acknowledged to me that the same is their free and voluntary act and deed. This
instrument consisting of eleven (11) pages including this page whereon this
acknowledgment is written and signed by all the parties and their instrumental
witnesses on each and every page hereof.

WITNESS MY HAND AND SEAL this 16th day of January, 2020 at Davao City.

SGD.
Doc. No. 36; JOSE PAOLO P. PACQUIAO
Page No. 1; Notary Public for Davao City
Book No. 1; Commission Serial No. 055-2015
Series of 2020. Until December 31, 2020
Attorney’s Roll No. 4893
PTR NO. 0843813; 01-05-15; Davao City
IBP O.R. No. 87; 01-05-15; Davao City
MCLE Compliance No. III-0000492 issued
on Aug. 20, 2018
LOAN AGREEMENT

KNOW ALL MEN BY THESE PRESENTS:

This agreement is entered into this 16th of January, 2020, at Davao City,
Province of Davao del Sur Philippines, by and between:

Andre Dela Cruz, Filipino, single, of legal age and with residence 112 Nickelodeon Street
Ciudad de Ezperanza, Buhangin, Davao City Philippines, hereinafter referred to as the
“Creditor”;

- and –

Nina Santos, Filipino, single, of legal age, and with residence Lot 1, Blk. 8, Elrio Heights,
Davao City, Philippines, hereinafter referred to as “Debtor”;

(Each of the Creditor and Debtor may be referred to as a “Party” in the singular and
“Parties”, collectively)

WITNESSETH: THAT

WHEREAS, the Debtor has requested a loan of Eight Million Philippine Pesos (Php
8,000,000.00) (the “Loan”) from the Creditor;

WHEREAS, the Creditor has agreed to extend a loan to the Debtor subject to the terms
and conditions set forth herein;

NOW, THEREFORE, for and in consideration of the foregoing premises and of the mutual
covenants and agreements hereinafter stated, the Parties agree as follows:

1. Loan. The Creditor has extended the Loan to the Debtor, the full amount of which is
acknowledged to have been received by the Debtor.

2. Payment. The Debtor shall fully pay the Loan to the Creditor within 10 months over
Eight (8) equal installments of ONE MILLION PESOS (Php 1,000,000.00) payable every
30th day of the month (the “Payment Date”) beginning June 1, 2020.

If the Payment Date would fall on a day which is not a business day, the Loan shall be
payable on the next succeeding business day.

3. Acceleration Clause. Should the Debtor fail to pay any of the monthly installments,
the full outstanding balance shall become due and demandable.

IN WITNESS WHEREOF, the parties hereto have hereunto affixed their signatures
this 17TH day of January 2020 at Davao City, Philippines.
Sgd. Sgd.
Andre Dela Cruz Nina Santos
Creditor Debtor

Signed in the presence of:

Sgd. Sgd.
Kirk Cobaint Stephen Chow
Witness Witness

ACKNOWLEDGEMENT

REPUBLIC OF THE PHILIPPINES)


CITY OF DAVAO . . . . . . . . . . . ..) S.S.

BEFORE ME, a Notary Public for and in the City of Davao, personally appeared:

Andre Dela Cruz with SSS ID No. 98123 issued at Davao City on April 10, 2014;
and

Nina Santos, with SSS ID No. 34523 issued at Davao City on March 27, 2011;

all known to me to be the same persons who executed the foregoing instrument and
acknowledged to me that the same is their free and voluntary act and deed. This
instrument consisting of three (3) pages including this page whereon this
acknowledgment is written and signed by all the parties and their instrumental
witnesses on each and every page hereof.

WITNESS MY HAND AND SEAL this 17th day of January, 2020 at Davao City.

SGD.
Doc. No. 37; JOSE PAOLO P. PACQUIAO
Page No. 1; Notary Public for Davao City
Book No. 1; Commission Serial No. 055-2015
Series of 2020. Until December 31, 2020
Attorney’s Roll No. 4893
PTR NO. 0843813; 01-05-15; Davao City
IBP O.R. No. 87; 01-05-15; Davao City
MCLE Compliance No. III-0000492 issued
on Aug. 20, 2018
PROPERTY MANAGEMENT AGREEMENT

This Property Management Agreement is entered on 12th day of January 2020, by and
between Andre Dela Cruz with an address of 112 Nickelodeon Street Ciudad de
Ezperanza, Buhangin, Davao City and Nina Santos with an address of Lot 1, Blk. 8, Elrio
Heights, Davao City, collectively “the Parties.”
1. Purpose. Owner owns the property located at No.5 JPP Bldg. Room 8, Verdon
Park, Davao City, Philippines. Manager is in the business of managing properties
of this type. Owner desires to engage Manager to manage the Property.

2. Manager’s Responsibilities. Manager agrees to perform the following duties and


responsibilities with regards to the Property:
Advertising of Property. Manager shall advertise the Property for rent,
engage and screen potential renters, enter into rental agreement(s) with
acceptable renter(s). Owner shall reimburse Manager for all expenses
related to such Advertising. Manager shall notify Owner, in advance, of
anticipated expenses related with such Advertising.
Collection & Disbursement of Rent. Manager shall be responsible for all
collection of Rent earned on the Property. Manager shall then be
responsible for disbursement of those proceeds to Owner. Owner shall
provide Manager with direction as to how proceeds shall be disbursed.
Manager shall further prepare and provide to Owner a detailed
accounting of all rents, expenses, and disbursements.
Maintenance & Repair. Manager shall be responsible for performing, or
hiring necessary personnel to perform, all necessary maintenance and
repairs to the Property. Owner shall reimburse Manager for the cost of all
such maintenance and repairs. Manager shall provide Owner invoices of
the actual costs.
Legal Proceedings. In the event that collection and/or legal proceedings
become necessary with regard to the rental of the Property, Manager
shall handle all such proceedings. Owner shall reimburse Manager for all
expenses incurred in the pursuit of collection proceedings and/or legal
proceedings. Manager shall not be responsible for any legal proceedings
that do not result from the management and rental of the Property.
3. Compensation. The Parties agree Manager shall be compensated as follows :
FORTY THOUSAND PESOS (P40,000.00) Monthly starting on February 1, 2020
4. Term. This Agreement shall commence upon the Effective Date, as stated above,
and will continue until February 1, 2021
5. Termination. This Agreement may be terminated at any time by either Party
upon 10 days written notice to the other party. Upon termination, Manager shall
disburse to Owner any monies in Manager’s possession due and owing to Owner
within thirty (30) days from the date of termination. Owner shall reimburse
Manager for any expenses incurred or approved prior to the date of termination
within thirty (30) days from the date of termination.
6. Representations and Warranties. Both Parties represent that they are fully
authorized to enter into this Agreement. The performance and obligations of
either Party will not violate or infringe upon the rights of any third-party or
violate any other agreement between the Parties, individually, and any other
person, organization, or business or any law or governmental regulation.
7. Indemnity. The Parties each agree to indemnify and hold harmless the other
Party, its respective affiliates, officers, agents, employees, and permitted
successors and assigns against any and all claims, losses, damages, liabilities,
penalties, punitive damages, expenses, reasonable legal fees and costs of any
kind or amount whatsoever, which result from the negligence of or breach of
this Agreement by the indemnifying party, its respective successors and assigns
that occurs in connection with this Agreement. This section remains in full force
and effect even after termination of the Agreement by its natural termination or
the early termination by either party.
8. Limitation of Liability. UNDER NO CIRCUMSTANCES SHALL EITHER PARTY BE
LIABILE TO THE OTHER PARTY OR ANY THIRD PARTY FOR ANY DAMAGES
RESULTING FROM ANY PART OF THIS AGREEMENT SUCH AS, BUT NOT LIMITED
TO, LOSS OF REVENUE OR ANTICIPATED PROFIT OR LOST BUSINESS, COSTS OF
DELAY OR FAILURE OF DELIVERY, WHICH ARE NOT RELATED TO OR THE DIRECT
RESULT OF A PARTY’S NEGLIGENCE OR BREACH.
9. Severability. In the event any provision of this Agreement is deemed invalid or
unenforceable, in whole or in part, that part shall be severed from the remainder
of the Agreement and all other provisions should continue in full force and effect
as valid and enforceable.
10. Waiver. The failure by either party to exercise any right, power or privilege
under the terms of this Agreement will not be construed as a waiver of any
subsequent or further exercise of that right, power or privilege or the exercise of
any other right, power or privilege.
11. Legal Fees. In the event of a dispute resulting in legal action, the successful party
will be entitled to its legal fees, including, but not limited to its attorneys’ fees.
12. Legal and Binding Agreement. This Agreement is legal and binding between the
Parties as stated above. This Agreement may be entered into and is legal and
binding both in the United States and throughout Europe. The Parties each
represent that they have the authority to enter into this Agreement.
13. Governing Law and Jurisdiction. The Parties agree that this Agreement shall be
governed by the State and/or Country in which the Property is located.
14. Entire Agreement. The Parties acknowledge and agree that this Agreement
represents the entire agreement between the Parties. In the event that the
Parties desire to change, add, or otherwise modify any terms, they shall do so in
writing to be signed by both parties.

The Parties agree to the terms and conditions set forth above as demonstrated by their
signatures as follows:

Sgd. Sgd.
Andre Dela Cruz Nina Santos
Manager Owner
PLEDGE

This AGREEMENT, made and entered into this 16th day of January 2020 by and
between Andre Dela Cruz of age, single, and residing at 112 Nickelodeon Street Ciudad
de Ezperanza, Buhangin, Davao City, Philippines, now and hereinafter called the Pledgor,
and Nina Santos likewise of age, single, and residing at Lot 1, Blk. 8, Elrio Heights, Davao
City, Philippines, now and hereinafter called the Pledgee.

Witnesseth:

That WHEREAS, the Pledgor has executed a promissory note dated 2 nd of


January, 2020, in favor of the Pledgee and made payable within Ten (10) days after date
at Davao City, Philippines, for amount of ONE HUNDRED THOUSAND (P100,000.00)
Pesos, Philippine Currency;

WHEREAS, the Pledgor has agreed with the Pledgee to secure the payment of
the said note;

NOW THEREFORE, in consideration of the premises and mutual covenants herein


contained, the Pledgor has, as a collateral security for the payment of the
aforementioned note and by way of pledge, deposited with the said Pledgee the
following personal property of his own exclusive ownership, and of which he has the
free disposal, to wit:

(Description of Property)

And the said parties to this instrument agree that the Pledgee who
acknowledges receipt of the aforementioned personal property of the Pledgor shall take
good care of the said property until redeemed by the said Pledgor;

That should the said note or any part thereof, or interest to grow thereon,
remain due and unpaid, after the said note shall have been due, according to the terms
thereof, the said Pledgor, irrevocably empowers and authorizes the said Pledgee, his
heirs, executors, administrators and assigns, to sell or dispose of the abovementioned
property or any part thereof at public auction as provided for in Article 2112, of the Civil
Code, from the proceeds of such sale to pay the principal and interest of the said note,
and all such costs as may be incurred by virtue of such sale; and

That in case of deterioration or fall in the price or market value of the personal
property herein pledged, the Pledgor hereby agrees to put up additional security in
proportion to the deterioration or fall in market value of the same.

IN WITNESS WHEREOF, we have set our hands this 17 th day of January 2020 at
Davao City, Philippines.

Sgd. Sgd.
Andre Dela Cruz Nina Santos
Pledgor Pledgee
In the presence of:

Sgd. Sgd.
Kirk Cobaint Stephen Chow
Witness Witness

ACKNOWLEDGEMENT

REPUBLIC OF THE PHILIPPINES)


CITY OF DAVAO . . . . . . . . . . . ..) S.S.

BEFORE ME, a Notary Public for and in the City of Davao, personally appeared:

Andre Dela Cruz with SSS ID No. 98123 issued at Davao City on April 10, 2014;
and

Nina Santos, with SSS ID No. 34523 issued at Davao City on March 27, 2011;

all known to me to be the same persons who executed the foregoing instrument and
acknowledged to me that the same is their free and voluntary act and deed. This
instrument consisting of two (2) pages including this page whereon this
acknowledgment is written and signed by all the parties and their instrumental
witnesses on each and every page hereof.

WITNESS MY HAND AND SEAL this 16th day of January, 2020 at Davao City.

SGD.
Doc. No. 38; JOSE PAOLO P. PACQUIAO
Page No. 1; Notary Public for Davao City
Book No. 1; Commission Serial No. 055-2015
Series of 2020. Until December 31, 2020
Attorney’s Roll No. 4893
PTR NO. 0843813; 01-05-15; Davao City
IBP O.R. No. 87; 01-05-15; Davao City
MCLE Compliance No. III-0000492 issued
on Aug. 20, 2018
RETAINER AGREEMENT

KNOW ALL MEN BY THESE PRESENTS:

This Agreement made and executed this 16th day of January 2020 at Davao City,
Davao Del Sur, Philippines, by and between:

VERBU ELECTRONICS, a company duly organized and existing


under the laws of the Republic of the Philippines, with principal office
address at 5th Floor Revera Building, 555 V.A. Rodriguez St., Friendly
Village, Davao City City, herein represented by its President, Andre Dela
Cruz, and hereinafter referred to as the “CLIENT”;

-and-

STAR LAW AND ASSOCIATES, with office address at Suite 555,


5858 Amazing St., Brgy. Pagkakaisa, Davao City, herein represented by
Atty. Nero Roquez, and hereinafter referred to as the “LAW FIRM”;

WITNESSETH:

WHEREAS, the CLIENT needs the professional services of a lawyer to attend to


legal matters pertaining to its travel agency business with main office at Davao City;

WHEREAS, the LAW FIRM is composed of members who have been duly
admitted by the Philippine Supreme Court to practice as Attorney-at-Law in all courts
of the Philippines, who are in good and regular standing as such, who have not been
suspended or disbarred and is not laboring under any disability to practice law in the
Philippines;

WHEREAS, the CLIENT is willing to retain the services of the LAW FIRM and the
latter is willing to render services to the former;

1. EFFECTIVITY, DURATION AND TERMINATION. This Agreement shall


commence on January 2020, and shall continue to be in full force and effect
indefinitely until expressly terminated by either party through one (1) month prior
written notice by one to the other; PROVIDED, however, that the CLIENT may at any
time dismiss the LAW FIRM or substitute another in the latter’s stead with or without
cause, reserving to the latter the right to seek just compensation for services actually
rendered up to the time of termination.

2. RETAINER FEE AND SCOPE OF SERVICES. The CLIENT shall pay the LAW FIRM
on or before the last working day of each month, the sum of FIVE THOUSAND PESOS
(Php5,000.00) ONLY, which shall cover the following services: professional advice,
counseling and consultation on non-litigation matters through face-to-face
conferences, through written memoranda and/or by means of electronic
communications devices (telephone, fax, e-mail, etc.).

3. For litigation work, the same be subject to stipulation by the parties on a


case-to-case basis, using the Schedule of Fees as per revised Proposal dated 5 January
2020 (hereto appended).

4. EXPENSES. Expenses incurred by the LAW FIRM in rendering services for the
CLIENT under this Agreement, such as government fees, reproduction of documents,
telecommunication, postal or messengerial charges, fares and other transportation
costs, etc., may either be advanced by the CLIENT, subject to liquidation by the LAW
FIRM, or reimbursed by the CLIENT, upon presentation by the LAW FIRM of invoices,
receipts or other proofs of payment.

5. DUTIES AND RELATION. The duties of the LAW FIRM to the CLIENT shall, in all
cases, be subject to the pertinent provisions of the Code of Professional Responsibility
and the relationship between the LAW FIRM and the CLIENT shall, in all matters not
covered thereby and by the express stipulations of this Agreement, be governed by the
Philippine civil law provisions on obligations and contracts, particularly those pertaining
to agency.

IN WITNESS WHEREOF, the representatives of the parties herein have hereunto


affixed their signatures on the date and at the place first above written.

Sgd. Sgd.
Nero Roquez Andre Dela Cruz
STAR LAW FIRM VERBU ELECTRONICS

Signed in the presence of:

Sgd. Sgd.
Kirk Cobaint Stephen Chow
Witness Witness

ACKNOWLEDGEMENT

REPUBLIC OF THE PHILIPPINES)


CITY OF DAVAO . . . . . . . . . . . ..) S.S.

BEFORE ME, a Notary Public for and in the City of Davao, personally appeared:

Andre Dela Cruz with SSS ID No. 98123 issued at Davao City on April 10, 2014;
and

Nero Roquez, with SSS ID No. 34523 issued at Davao City on March 27, 2011;
all known to me to be the same persons who executed the foregoing instrument and
acknowledged to me that the same is their free and voluntary act and deed. This
instrument consisting of four (4) pages including this page whereon this
acknowledgment is written and signed by all the parties and their instrumental
witnesses on each and every page hereof.

WITNESS MY HAND AND SEAL this 16th day of January, 2020 at Davao City.

SGD.
Doc. No. 39; JOSE PAOLO P. PACQUIAO
Page No. 1; Notary Public for Davao City
Book No. 1; Commission Serial No. 055-2015
Series of 2020. Until December 31, 2020
Attorney’s Roll No. 4893
PTR NO. 0843813; 01-05-15; Davao City
IBP O.R. No. 87; 01-05-15; Davao City
MCLE Compliance No. III-0000492 issued
on Aug. 20, 2018
QUITCLAIM AND RELEASE

KNOW ALL MEN BY THESE PRESENTS:

I, Andre Dela Cruz, of legal age, single and residing at 112 Nickelodeon Street
Ciudad de Ezperanza, Buhangin, Davao City, Philippines, for and in consideration of the
amount of ONE HUNDRED THOUSAND PESOS paid to me by VERBU ELECTRONICS and
receipt of which is hereby acknowledged to my full and complete satisfaction, do hereby
release and forever discharge said Company, its officers and stockholders from any and
all claims arising out of and in connection with my resignation.

I acknowledge that I have voluntarily tendered my resignation from the company


effective January 12, 2020 that was accepted and approved by the management
effective January 16, 2020.

IN WITNESS WHEREOF, I have hereunto sign these presents this.

Sgd.
Andre Dela Cruz
Employee

SIGNED IN THE PRESENCE OF:

Sgd.
Nina Santos

ACKNOWLEDGEMENT

REPUBLIC OF THE PHILIPPINES)


CITY OF DAVAO . . . . . . . . . . . ..) S.S.

BEFORE ME, a Notary Public for and in the City of Davao, personally appeared:

Andre Dela Cruz with SSS ID No. 98123 issued at Davao City on April 10, 2014;
and

Nina Santos, with SSS ID No. 34523 issued at Davao City on March 27, 2011;

all known to me to be the same persons who executed the foregoing instrument and
acknowledged to me that the same is their free and voluntary act and deed. This
instrument consisting of two (2) pages including this page whereon this
acknowledgment is written and signed by all the parties and their instrumental
witnesses on each and every page hereof.

WITNESS MY HAND AND SEAL this 16th day of January, 2020 at Davao City.
SGD.
Doc. No. 40; JOSE PAOLO P. PACQUIAO
Page No. 1; Notary Public for Davao City
Book No. 1; Commission Serial No. 055-2015
Series of 2020. Until December 31, 2020
Attorney’s Roll No. 4893
PTR NO. 0843813; 01-05-15; Davao City
IBP O.R. No. 87; 01-05-15; Davao City
MCLE Compliance No. III-0000492 issued
on Aug. 20, 2018
NOTICE OF HEARING

Atty. Jose Paolo Pacquiao


Counsel for the Defendant Enrique Jill
No.5 JPP Bldg. Room 8, Verdon Park, Davao City, Philippines

Greetings: Please take notice that the foregoing Motion for New Trial shall be


submitted for the consideration and approval of the Honorable Court on Friday, 16 th
date January 2020 or as soon as counsel and matter may be heard.

Sgd.
Atty. Jose Paolo P. Pacquiao
COUNSEL
ATTY. JOE P. PABLO
No.5 JPP Bldg. Room 8, Verdon Park, Davao City, Philippines
Telephone No. (082) 221-88-93

Mr. Andre Dela Cruz 16 January 2020


Lot 1, Blk. 8, Elrio Heights, Davao City
Davao City, Davao Del Sur, Philippines

Dear Mr. Dela Cruz,

FIRST AND FINAL DEMAND OF PAYMENT; NOTICE OF EJECTION

We write on behalf of our client, Ms. Nina Santos.

We understand that in some time since 2015, you have been leasing the
property (warehouse) of our client, situated at # 112 Nickelodeon Street Ciudad de
Ezperanza, Buhangin, Davao City, for the warehousing of motorcycles in connection with
your Motorcycle Trading Business. We understand, further, that the loan shall be
payable in monthly installments at a rate of Three Hundred Thousand Pesos (P300,
000.00) per month.

That in early 2018, however, you have been defaulting your Rental Payment to
our client, Ms. Nina Santos, and that by December 2018, you already owed our client
the amount of One Million Six Hundred Thousand Pesos (P1, 600, 000.00) at the agreed
rate of 200, 000.00 per month.

That we are writing this letter to serve as a first and final demand upon you to
pay Ms. Nina Santos the full amount of P 1, 600, 000.00 as payment for the lease in
the warehouse, within seven (7) days from receipt hereof and that you are likewise
instructed to vacate the said property upon receipt. You may remit said payment to
us, and we will accept it on behalf of our client. Otherwise, we shall be constrained to
file the necessary legal actions against you in order to protect our client’s interests.

We trust that you will fully cooperate with us in order that we can settle this
matter in the most mutually fair and expeditious manner.
Yours sincerely,

Sgd.
Atty. Joe P. Pablo
ATTY. JOE P. PABLO
No.5 JPP Bldg. Room 8, Verdon Park, Davao City, Philippines
Telephone No. (082) 222- 88-88

MR. Andre Dela Cruz January 16, 2020


Verbu Electronics
Lot 1, Blk. 8, Elrio Height,
Davao City

Dear Mr. Dela Cruz:

My client, MS. Nina Santos, has referred to my office your past due account
pertaining to various rice purchases to which you issued your personal checks for every
purchase.

Banco de Oro Check No. 325396- P100,000.00


Banco de Oro Check No. 325399- P100,000.00
Banco de Oro Check No. 325405- P250,000.00
TOTAL P 450,000.00

Despite several demands made to you by my client, however, you have refused to
settle these past due account to date.

In connection therewith, my client through my office is formally serving you this


final demand to settle your aforestated obligation plus 25% attorney’s fees within FIVE
(5) days from receipt hereof.

Otherwise, much to my regret, my client shall have no other choice but to file her
contemplated legal action(s) against you in order to protect her best interests. On the
other hand, my client prefers that you settle this obligation extra-judicially with my
office within the aforesaid period. Your preferential attention on this matter will be
deeply appreciated. Thank you.

Very truly yours,

Sgd.
ATTY. JOE P. PABLO
Counsel for Nina Santos
LEGAL OPINION
Atty. Jose Paolo P. Pacquiao
Room 808, Landco Tower
Bajada, Davao City, Philippines
(082) 221-2222

Dear Mr. Reyes,

This is in relation to your query last April 18, 2019 regarding the recognition of
same-sex marriage in the Philippines:

Q1. Can same-sex marriage be celebrated in the Philippines? And;


Q2.Will a same-sex marriage celebrated abroad be recognized in the Philippines?

A1.
Same-sex marriage celebrated in the Philippines is not legal and will not be
recognized because it is contrary the Family Code which defines marriage as “A special
contract of permanent union between a man and a woman entered into in accordance
with the law for the establishment of conjugal and family life.”

Based on the definition of marriage in the Family Code, it is necessary that the
persons getting married must be a man and a woman.

A2.
A same-sex marriage validly celebrated abroad may or may not be recognized in
the Philippines, depending on who recognizes it. The Family Code does not expressly list
it as a void marriage in the Philippines.

The Family Code provides that all marriages solemnized outside the Philippines
in accordance with the laws in force in the country where they were solemnized, and
valid there as such, shall also be valid in the country as long as it is not any of the
following:

a. Marriage of a minor
b. Bigamous or polygamous marriage
c. Marriage through a mistaken identity
d. Marriage by a psychologically incapacitated person
e. Incestuous marriage; and
f. Marriage contrary to public policy, i.e. Marriage between Fist Cousins

Since the Family Code does not expressly list Same-sex marriage as void in the
Philippines, the law is silent as to its recognition. It is of my opinion that it is neither
valid nor void in the Philippines. It is merely left as it is.

I hope this explanation enlightened you regarding the topic.

Sgd.
Atty. Jose Paolo P. Pacquiao
LAST WILL AND TESTAMENT

KNOW ALL MEN BY THESE PRESENTS:

I, Andre Dela Cruz, Filipino, of legal age, single, with residence at No.8 Rosas
Street, Cox Village, Ecoland, Davao City, Philippines, being of sound and disposing mind
and memory, and not acting under undue influence or intimidation from anyone, do
hereby declare and proclaim this instrument to be my LAST WILL AND TESTAMENT, in
English, the language which I am well conversed.

I HEREBY DECLARE THAT:

1. When I die, it is my wish to be buried according to the rites of the Roman


Catholic Church and interred at our family mausoleum in Davao City.

2. To my beloved wife, Elektra, I give and bequeath the following properties to wit:
2.1 Our Family Home in Davao City
2.2 Our Rest House in Samal (IGACOS)
2.3 All our cars
2.4 All my chattels

3. To my children, Foggy and Karen, I give and bequeath my shares of stock in


Nelson and Murdock Inc., in equal shares.

4. I hereby designate my wife, Elektra, as the executor and administrator of this


Last Will and Testament, and in her incapacity, I name and designate my son,
Foggy, as her substitute.

5. I hereby direct that the executor and administrator of this Last Will and
Testament or his substitute need not present any bond.

6. I hereby revore, set aside, and annul any and all of my other will or testamentary
dispositions that I have made, executed, signed, or published preceding this Last
Will and Testament.

IN WITNESS WHEREOF, I have hereunto affixed my signature this 23 rd day of January,


2020, in Davao City, Philippines.

Sgd.
ANDRE DELA CRUZ
Testator
ATTESTATION CLAUSE

We, the undersigned attesting witnesses, do hereby affirm that the forgoing is
the last Will and Testament of MATT MURDOCK. We certify that the testator executed
this document while of sound mind and memory.

The testator signed this document in our presence, at the bottom of the last
page and on the left hand margin of each and every page, and we, in turn, at the
testator's behest have witnessed and signed the same in every page thereof, on the left
margin, in the presence of the testator and of the notary public, this 23 rd day of January
2020, in Davao City Philippines.

Sgd.
Uno Maris
Witness

Sgd.
Dos Stella
Witness

Sgd.
Tres Cross
Witness

JOINT ACKNOWLEDGMENT

Before me, a Notary Public in Davao City, personaly appeared:

Uno Maris TIN: 877-001-001


Dos Stella TIN: 112-009-112
Tres Cross TIN: 551-001-221

all known to me to be the same persons who executed the foregoing Will, the
first as testator and the last three as instrumental witnesses, and they respectively
acknowledged to me that the same as their own free act and deed.

This Last Will and Testament consists of TWO (2) pages, including the page on
which this acknowledgment is written, and has been signed on the left margin of each
and every page thereof by the testator and his witnesses, and sealed with my notarial
seal.
IN WITNESS WHEREOF, I have hereunto set my hand the day, year, and place
above written.

SGD.
Doc. No. 41; JOSE PAOLO P. PACQUIAO
Page No. 1; Notary Public for Davao City
Book No. 1; Commission Serial No. 055-2015
Series of 2020. Until December 31, 2020
Attorney’s Roll No. 4893
PTR NO. 0843813; 01-05-15; Davao City
IBP O.R. No. 87; 01-05-15; Davao City
MCLE Compliance No. III-0000492 issued
on Aug. 20, 2018
EXTRA-JUDICIAL PARTITION OF REAL ESTATE

Know all men by these presents:

WE,

Andre Dela Cruz, Filipino, of legal age, single, with residence at 112 Nickelodeon Street
Ciudad de Ezperanza, Buhangin, Davao City, Philippines; and

Nina Dela Cruz-Santos, Filipino, of legal age, single, with residence at 221 Makalaya
Street Ciudad de Ezperanza, Buhangin, Davao City, Philippines

are the surviving heirs and children of Estopacio Dela Cruz and Pacia Dela Cruz, who died
last July 11, 2003, and August 2, 2014, respectively.

During the lifetime of our parents, they acquired a land in Davao City located in
Lot 8, Blk 4, El Rio, Davao City Philippines, with TCT No. 221-562634, consisting of TWO
(2) Lots, i.e. Lot 1 and Lot 2.

TCT No. 26163-9634

“A parcel of land of the subdivision project (Lot


8, Blk. 4 of the El rio subdivision, being a portion of
lot 9, situated in the El Rio; City of Davao; Island of
Mindanao. Bounded as follows: On the N., along
line 2-3 by Road Lot 30/6.50 m. wide); on the E.,
along line 3-4 by lot 8; on the S. along line 4-1, by
lot 9; on the W., along line 1-2 by lot 12, all of block
33, all of the subdivision plan. Beginning at a point
marked: “1” on plan, being N. 19 deg. 44’W., 492.85
m. from M.B.M. No. 17 Cad. 102. Containing an
area of TWO HUNDRED (200) SQUARE METERS,
more or less.”

We, Andre and Nina, have decided to Extra-Judicially Settle the Estate of our
Parents as follows:

Lot 1 will pertain to Andre Dela Cruz.


Lot 2 will pertain to Nina Dela Cruz-Santos.

As far as our knowledge, our parents have left no outstanding debts and
liabilities to any person or entity.

We hereby adjudicate unto ourselves the parcel of land described above.


IN WITNESS WHEREOFF. We hereunto affix our signature this January 22, 2020,
in Davao City, Philippines.

Sgd. Sgd.
Andre Dela Cruz Nina Dela Cruz-Santos

ACKNOWLEDGEMENT

REPUBLIC OF THE PHILIPPINES)


CITY OF DAVAO . . . . . . . . . . . ..) S.S.

BEFORE ME , a Notary Public for and in the City of Davao, personally


appeared:

Andre Dela Cruz with SSS ID No. 98123 issued at Davao City on April 10, 2014;
and

Nina Dela Cruz-Santos, with SSS ID No. 34523 issued at Davao City on March 27,
2011;

all known to me to be the same persons who executed the foregoing instrument and
acknowledged to me that the same is their free and voluntary act and deed. This
instrument consisting of two (2) pages including this page whereon this
acknowledgment is written and signed by all the parties and their instrumental
witnesses on each and every page hereof.

WITNESS MY HAND AND SEAL this 22nd day of January, 2020 at Davao City.

SGD.
Doc. No. 42; JOSE PAOLO P. PACQUIAO
Page No. 1; Notary Public for Davao City
Book No. 1; Commission Serial No. 055-2015
Series of 2020. Until December 31, 2020
Attorney’s Roll No. 4893
PTR NO. 0843813; 01-05-15; Davao City
IBP O.R. No. 87; 01-05-15; Davao City
MCLE Compliance No. III-0000492 issued
on Aug. 20, 2018
DEED OF PARTITION

Know all men by these presents:

This PARTITION AGREEMENT made and executed by and between:

Andre Dela Cruz, Filipino, of legal age, single, with residence at 112 Nickelodeon
Street Ciudad de Ezperanza, Buhangin, Davao City, Philippines, referred to as the FIRST
PARTY; and

Nina Dela Cruz-Santos, Filipino, of legal age, single, with residence at 221
Makalaya Street Ciudad de Ezperanza, Buhangin, Davao City, Philippines, referred to as
the SECOND PARTY.

Witnesseth: That

The FIRST PARTY and the SECOND PARTY are CO-OWNERS of FIFTY THOUSAND
PESOS (P50,000.00) CASH. They have agreed to partition the amount of money equally,
pertaining P25,000.00 each.

IN WITNESS THEREOF, the parties have hereunto affixed their signatures this 22 nd day of
January 2020 in Davao City Philippines.

Sgd. Sgd.
Andre Dela Cruz Nina Dela Cruz-Santos

Signed in the presence of:

Sgd. Sgd.
Nicolas Cage Indiana Jones

REPUBLIC OF THE PHILIPPINES)


CITY OF DAVAO . . . . . . . . . . . ..) S.S.

ACKNOWLEDGEMENT

BEFORE ME , a Notary Public for and in the City of Davao, personally


appeared:
Andre Dela Cruz with SSS ID No. 98123 issued at Davao City on April 10, 2014;
and

Nina Dela Cruz-Santos, with SSS ID No. 34523 issued at Davao City on March 27,
2011;

all known to me to be the same persons who executed the foregoing instrument and
acknowledged to me that the same is their free and voluntary act and deed. This
instrument consisting of two (2) pages including this page whereon this
acknowledgment is written and signed by all the parties and their instrumental
witnesses on each and every page hereof.

WITNESS MY HAND AND SEAL this 22nd day of January, 2020 at Davao City.

SGD.
Doc. No. 43; JOSE PAOLO P. PACQUIAO
Page No. 1; Notary Public for Davao City
Book No. 1; Commission Serial No. 055-2015
Series of 2020. Until December 31, 2020
Attorney’s Roll No. 4893
PTR NO. 0843813; 01-05-15; Davao City
IBP O.R. No. 87; 01-05-15; Davao City
MCLE Compliance No. III-0000492 issued
on Aug. 20, 2018
EXTRAJUDICIAL SETTLEMENT OF ESTATE

KNOW ALL MEN BY THESE PRESENTS:

This AGREEMENT made and entered into this 20th day of January 2020 in the City of
Davao by and between:

Andre Dela Cruz, of legal age, Filipino, widow, residing at 121 Camellia Street, Obrero
Davao City;

Nina Dela Cruz- Santos, of legal age, Filipino married, residing at Lot 8, Blk 1, Roseville
Davao City

WITNESSETH,

WHEREAS, we are the sole heirs of the deceased Juan Dela Cruz who died on November
12, 2019 at Davao City, copy of his death certificate is hereto attached as Annex A;

WHEREAS, Juan Dela Cruz died intestate, without Will or Testament, and without any
outstanding debts in favor of any person or entity;

WHEREAS, Juan Dela Cruz is the absolute and registered owner of two parcels of land
located at Lot 3, Blk 4, Suidad Esperanza Davao City covered by Transfer Certificate of
Title No. 1234 and 5678 respectively, of the Registry of Deeds of Davao City and more
particularly described as follows:

TCT No. 1234 and 5678


“A parcel of land of the subdivision project (Lot 3, Blk 4, Suidad Esperanza Davao City,
being a portion of lot 9, situated in the City of Davao; Island of Mindanao. Bounded as
follows: On the N., along line 2-3 by Road Lot 30/6.50 m. wide); on the E., along line 3-4
by lot 8; on the S. along line 4-1, by lot 9; on the W., along line 1-2 by lot 12, all of block
33, all of the subdivision plan. Beginning at a point marked: “1” on plan, being N. 19 deg.
44’W., 492.85 m. from M.B.M. No. 17 Cad. 102. Containing an area of TWO HUNDRED
(200) SQUARE METERS, more or less.”

WHEREAS, pursuant to Rule 74, Sec. 1 of the Revised Rules of Court of the Philippines,
and being with full capacity to contract, we do hereby adjudicate unto ourselves the
parcel of land described above, in equal shares.

IN WITNESS WHEREOF, we hereunto set our hand on the 18th day of January 2020 at
Davao City, Philippines.

The Heirs of Juan Dela Cruz:

Sgd. Sgd.
Andre Dela Cruz Nina Dela Cruz-Santos

SIGNED IN THE PRESENCE OF:


Sgd. Sgd. Sgd.
Maria Labo Issa Kalsada Dos Marias

REPUBLIC OF THE PHILIPPINES)


CITY OF DAVAO . . . . . . . . . . . ..) S.S.

ACKNOWLEDGEMENT

BEFORE ME, a Notary Public in and for the City of Davao this 19th day of January, 2020
personally appeared:

Name Identification Card Valid until/Expires on


Andre Dela Cruz SSS ID No. 1234 November, 2023
Nina Dela Cruz-Santos SSS ID No. 5678 April, 2025

who have satisfactory proven to me their identity that they are the same person who
executed and voluntarily signed the foregoing EXTRJUDICIAL SETTLEMENT OF ESTATE
which they acknowledged before me as their free and voluntarily act and deed.

The foregoing instrument which relates to an Extrajudicial Settlement of Estate of two


parcels of land consisting of ___ pages including the page on which this
acknowledgement is written, has been signed on the left margin of each and every page
by the parties and the witnesses.

WITNESS MY HAND AND SEAL, this 19th day of January, 2020 in the City of Davao,
Philippines.

SGD.
Doc. No. 44; JOSE PAOLO P. PACQUIAO
Page No. 1; Notary Public for Davao City
Book No. 1; Commission Serial No. 055-2015
Series of 2020. Until December 31, 2020
Attorney’s Roll No. 4893
PTR NO. 0843813; 01-05-15; Davao City
IBP O.R. No. 87; 01-05-15; Davao City
MCLE Compliance No. III-0000492 issued
on Aug. 20, 2018
REPUBLIC OF THE PHILIPPINES)
CITY OF DAVAO . . . . . . . . . . . ..) S.S.

AFFIDAVIT OF SELF-ADJUDICATION

I, Andre Dela Cruz after having been sworn to in accordance with law, hereby depose
and state that I:

1. Am of legal age, Filipino, single/ married, and a resident of 112 Nickelodeon


Street Ciudad de Ezperanza, Buhangin, Davao City;
2. To the exclusion of all others, am the only legitimate heir of Estopacio Dela
Cruz;
3. Hereby certify that the deceased, Estopacio Dela Cruz has no other bank
deposit in the Philippines;
4. Am claiming from the Philippine Deposit Insurance Corporation (PDIC) the
deposit insurance due on Savings/ Time/ Current Deposit Account No/s. 2252-
23212 maintained with P1,000,000.00 under the name of the deceased
Estopacio Dela Cruz;
5. Acknowledge receipt of the insurance proceeds, in cash (if the amount is
P5,000 & below) or in check made payable to me, and hold PDIC free and
harmless from any and all actions that may arise from the release of the insured
deposit to me;
6. By virtue of this Affidavit, shall be held liable to any person that may be
prejudiced by my representations, in addition to other liabilities, civil or criminal,
that may arise therefrom; hereby releasing and discharging PDIC from any and
all further obligations in connection with this claim;
7. Undertake to refund PDIC the amount paid to me including interest thereon
and indemnify PDIC, the bank and/or third parties for any loss or damages
occasioned by such payment.

I am executing this affidavit to attest to the truth of the foregoing facts.

IN WITNESS WHEREOF, I have hereunto set my hand this 22nd day of January, 2020 at
Davao Del Sur, Davao City Philippines.

Sgd.
Andre Dela Cruz

SUBSCRIBED AND SWORN to before me in the Municipality/City of Davao del Sur this
22nd day of January, 2020 by the affiant, who has satisfactorily proven his identity to me
through his SSS ID No. 98123 issued on April 10, 2014 in Davao City, that he is the same
person who personally signed the foregoing affidavit before me and acknowledged that
he/she executed the same.
SGD.
Doc. No. 45; JOSE PAOLO P. PACQUIAO
Page No. 1; Notary Public for Davao City
Book No. 1; Commission Serial No. 055-2015
Series of 2020. Until December 31, 2020
Attorney’s Roll No. 4893
PTR NO. 0843813; 01-05-15; Davao City
IBP O.R. No. 87; 01-05-15; Davao City
MCLE Compliance No. III-0000492 issued
on Aug. 20, 2018
REAL ESTATE MORTGAGE

KNOW ALL MEN BY THESE PRESENTS:

This Real Estate Mortgage, made by and between:

Andre Dela Cruz of legal age, single, and a resident of 121 Camellia Street, Obrero
Davao City, Philippines (hereinafter known as the MORTGAGOR);

- and –

Nina Santos of legal age, single, and a resident of Lot 1, Blk 4, Suidad Esperanza, Davao
City, Philippines (hereinafter known as the MORTGAGEE);

WITNESSETH; That:

The MORTGAGOR is indebted unto the MORTGAGEE in the sum of EIGHTY THOUSAND
PESOS (P80,000.00) Philippine Currency, receipt of which is acknowledged by the
MORTGAGOR upon the signing of this instrument, payable to the order of the
MORGAGEE without need of prior demand or notice within a period of 1 year at
TWENTY THOUSAND PESOS (P20,000.00) starting on April 1, 2019 and on every quarter
thereafter until fully paid, with interest thereon at the rate of Five percent (5% percent).

NOW, THEREFORE, for and consideration of the afore-mentioned indebtedness, and to


assure the performance of said obligation to pay, the MORTGAGOR does hereby convey
and DELIVER by way of MORTGAGE unto the MORTGAGEE, her heirs, successors and as
signs, the following parcel of land, together with all the improvements found and
standing thereon, more particularly described as follows:

TCT No. 1234 and 5678


“A parcel of land of the subdivision project (Lot 3, Blk 4, Suidad Esperanza Davao City,
being a portion of lot 9, situated in the City of Davao; Island of Mindanao. Bounded as
follows: On the N., along line 2-3 by Road Lot 30/6.50 m. wide); on the E., along line 3-4
by lot 8; on the S. along line 4-1, by lot 9; on the W., along line 1-2 by lot 12, all of block
33, all of the subdivision plan. Beginning at a point marked: “1” on plan, being N. 19 deg.
44’W., 492.85 m. from M.B.M. No. 17 Cad. 102. Containing an area of TWO HUNDRED
(200) SQUARE METERS, more or less.”

That it is the condition of this Mortgage that should the MORTGAGOR perform the
obligation to pay the afore-cited indebtedness of P80,000.00 together with accrued
interest thereon, within the agreed term, this Real Estate Mortgage shall be discharged
and shall at once become null and void and of no effect whatsoever, otherwise, it shall
subsist and remain in full force and effect and be subject to foreclosure in the manner
and form prescribed by law.
IN WITNESS WHEREOF, we have have hereunto set their hands, this 19 th day of January,
2020 at Davao Ctiy, Philippines.

Sgd. Sgd.
Andre Dela Cruz Nina Santos
Mortgagor Mortgagee

SIGNED IN THE PRESENCE OF:

Sgd. Sgd.
Ryan Bang Victor Magtanggol

REPUBLIC OF THE PHILIPPINES)


CITY OF DAVAO . . . . . . . . . . . ..) S.S.

ACKNOWLEDGEMENT

BEFORE ME, a Notary Public in and for the City of Davao this 19th day of January, 2020
personally appeared:

Name Identification Card Valid until/Expires on


Andre Dela Cruz SSS ID No. 1234 November, 2023
Nina Dela Cruz-Santos SSS ID No. 5678 April, 2025

who have satisfactory proven to me their identity that they are the same person who
executed and voluntarily signed the foregoing EXTRJUDICIAL SETTLEMENT OF ESTATE
which they acknowledged before me as their free and voluntarily act and deed.

The foregoing instrument which relates to an Extrajudicial Settlement of Estate of two


parcels of land consisting of ___ pages including the page on which this
acknowledgement is written, has been signed on the left margin of each and every page
by the parties and the witnesses.

WITNESS MY HAND AND SEAL, this 19th day of January, 2020 in the City of Davao,
Philippines.

SGD.
Doc. No. 46; JOSE PAOLO P. PACQUIAO
Page No. 1; Notary Public for Davao City
Book No. 1; Commission Serial No. 055-2015
Series of 2020. Until December 31, 2020
Attorney’s Roll No. 4893
PTR NO. 0843813; 01-05-15; Davao City
IBP O.R. No. 87; 01-05-15; Davao City
MCLE Compliance No. III-0000492 issued
on Aug. 20, 2018
CHATTEL MORTGAGE
With AFFIDAVIT OF GOOD FAITH

Know all men by these Presents

I, Andre Dela Cruz, of legal age, Filipino, married to Nina Santos-Dela Cruz with
postal address at 112 Nickelodeon Street Ciudad de Ezperanza, Buhangin, Davao City,
hereinafter known as MORTGAGOR and Esperancio Kapay of legal age, Filipino citizen,
single with postal address at 221 Makalaya Street Ciudad de Ezperanza, Buhangin,
Davao City, hereinafter known as the MORTGAGEE;

Witnesseth

That the MORTGAGOR is indebted unto the MORTGAGEE in the sum of THREE
HUNDRED FIFTY FOUR THOUSAND (Php 354, 000.00) Philippine Currency, receipt of
which is acknowledged by the MORTGAGOR upon the signing of this instrument,
payable within a period of TWO (2) months, with interest thereon at Php 15,210.00 per
month;

That for and in consideration of this indebtedness and to assure the


performance of said obligation to pay, the MORTGAGOR hereby conveys by way of
CHATTEL MORTGAGE unto the MORTGAGEE, his heirs and assigns, the following
personality:

MAKE/TYPE: MITSUBISHI MV FILE NO: 1234-


00000123456
SERIES: MONTERO PLATE NO: LAF 3709
CHASSIS NO: RS285012885PQ ENGINE NO: PL7Af2
DENOMINATION: SPORTS UTILITY PISTON DISPLACEMENT: 2800
VEHICLE
YEAR MODEL: 2013 BODY TYPE: WAGON
OR NO: 87654321 CR NO: 748957953

That the condition of this obligation is that should the MORTGAGOR perform the
obligation to pay the hereinabove cited indebtedness of ONE HUNDRED FIFTY
THOUSAND (Php 150,000.00) Philippine Currency together with accrued interest
thereon, this chattel mortgage shall once become null and void and of no effect
whatsoever, otherwise, it shall remain in full force and effect.

AFFIDAVIT OF GOOD FAITH


Moreover:

We, the undersigned MORTGAGOR AND MORTGAGEE hereby jointly and


severally swear that we executed the foregoing Chattel Mortgage in order to secure the
indebtedness therein and for no other purpose or purposes contrary to law.

IN WITNESS WHEREOF, the parties have hereunto set their hands, this 22 nd day
January, 2020 at Davao City, Philippines.
Sgd.
ANDRE DELA CRUZ
MORTGAGOR
Marital Consent:

Sgd.
NINA SANTOS-DELA CRUZ

Sgd.
ESTOPACIO KAPAY
MORTGAGEE

Signed in the presence of:

Sgd. Sgd.
Marybeth Cruz Mylene Reyes

ACKNOWLEDGEMENT

REPUBLIC OF THE PHILIPPINES)


CITY OF DAVAO . . . . . . . . . . . ..) S.S.

BEFORE ME , a Notary Public for and in the City of Davao, personally


appeared:

Andre Dela Cruz with SSS ID No. 98123 issued at Davao City on April 10, 2014;
and

Nina Santos-Dela Cruz, with SSS ID No. 34523 issued at Davao City on March 27,
2011;

Estopacio Kapay, with SSS ID No. 42535 issued at Cebu City on December 2,
2008;

all known to me to be the same persons who executed the foregoing instrument and
acknowledged to me that the same is their free and voluntary act and deed. This
instrument relates to a MORTGAGE CONTRACT consisting of three (3) pages including
this page whereon this acknowledgment is written and signed by all the parties and
their instrumental witnesses on each and every page hereof.

WITNESS MY HAND AND SEAL this 22nd day of January, 2020 at Davao City.

SGD.
Doc. No. 47; JOSE PAOLO P. PACQUIAO
Page No. 1; Notary Public for Davao City
Book No. 1; Commission Serial No. 055-2015
Series of 2020. Until December 31, 2020
Attorney’s Roll No. 4893
PTR NO. 0843813; 01-05-15; Davao City
IBP O.R. No. 87; 01-05-15; Davao City
MCLE Compliance No. III-0000492 issued
on Aug. 20, 2018
(Release of Chattel Mortgage on Motor Vehicle)
RELEASE OF MORTGAGE

KNOW ALL MEN BY THESE PRESENTS:

I, Andre Dela Cruz, of legal age, Filipino, single, and a resident of 112 Nickelodeon Street
Ciudad de Ezperanza, Buhangin, Davao City, Philippines,

WITNESSETH:

That I am the Mortgagee in that Deed of Chattel Mortgage executed by Nina Santos on


12th day of April 2018 and registered as Doc. No. 8762 Page No. 8 Book No. 12
Series of 2018 in the Notarial Register of Notary Public Davao City;

That having this date received the full amount of EIGHT HUNDRED THOUSAND PESOS
(P800,000.00) in Philippine Currency, from the Mortgagor, which is in full and complete
settlement of the obligation secured by the said mortgage, I do hereby forever RELEASE,
DISCHARGE, AND CANCEL the aforementioned Mortgage, covering the motor vehicle
that is more particularly described as follows:

MAKE/TYPE: MITSUBISHI MV FILE NO: 1234-


00000123456
SERIES: MONTERO PLATE NO: LAF 3097
CHASSIS NO: NP258348012 ENGINE NO: L373KK
DENOMINATION: SPORTS UTILITY PISTON DISPLACEMENT: 2800
VEHICLE
YEAR MODEL: 2013 BODY TYPE: WAGON
OR NO: 1234567 CR NO: 123456789

IN WITNESS WHEREOF, I have hereunto set my hand, this 22nd day of January 2020 at
Davao Del Sur, Davao City, Philippines.

Sgd.
ANDRE DELA CRUZ
MORTGAGEE

SIGNED IN THE PRESENCE OF:

Sgd. Sgd.
Susana Roces Maricel Soriano

REPUBLIC OF THE PHILIPPINES)


CITY OF DAVAO . . . . . . . . . . . ..) S.S.

ACKNOWLEDGEMENT

BEFORE ME , a Notary Public for and in the City of Davao, personally


appeared:

Andre Dela Cruz with SSS ID No. 98123 issued at Davao City on April 10, 2014;
and

Nina Santos, with SSS ID No. 34523 issued at Davao City on March 27, 2011;

all known to me to be the same persons who executed the foregoing instrument and
acknowledged to me that the same is their free and voluntary act and deed. This
instrument consisting of two (2) pages including this page whereon this
acknowledgment is written and signed by all the parties and their instrumental
witnesses on each and every page hereof.

WITNESS MY HAND AND SEAL this 22nd day of January, 2020 at Davao City.

SGD.
Doc. No. 48; JOSE PAOLO P. PACQUIAO
Page No. 1; Notary Public for Davao City
Book No. 1; Commission Serial No. 055-2015
Series of 2020. Until December 31, 2020
Attorney’s Roll No. 4893
PTR NO. 0843813; 01-05-15; Davao City
IBP O.R. No. 87; 01-05-15; Davao City
MCLE Compliance No. III-0000492 issued
on Aug. 20, 2018
Republic of the Philippines )
Province of Davao Del Sur) S.S.
In the City of Davao……...)
X………………………………X

PRE-NUPTIAL AGREEMENT

KNOW ALL MEN BY THESE PRESENTS:

This Pre-Nuptial Agreement is executed by and between:

ANDRE DELA CRUZ, of legal age and a resident of Unit 55C, Tower 8, Two Towers
Apartments, 120 M. Reyes Street, Barangay Malamig, Davao City, Davao Del Sur
hereinafter known as the “Future Husband”;

-and-

NINA SANTOS, of legal age and a resident of Unit 88, Flat Tower Apartments,
550 L. P. Cool Street, Lions Village, Davao City, Davao Del Sur hereinafter known as the
“Future Wife” (collectively, the “Parties”);

WITNESSETH: That –

WHEREAS, the Parties hereto are about to enter into a contract of marriage,
scheduled to take place on 8 April 2015 at the Sanctuario de San Antonio, Fortune Park,
Makati City;

WHEREAS, the Parties hereby agree that their property relations as future
spouses shall be under the regime of COMPLETE SEPARATION OF PROPERTY during their
marriage;

WHEREAS, the Parties have made a complete and accurate disclosure of their
respective assets and liabilities;

WHEREAS, the Parties are each desirous of formalizing their respective joint and
several financial and legal rights, obligations, liabilities and property rights arising from
their marriage;

IN VIEW OF THE FOREGOING, the parties agree as follows:

PROPERTY
1. All the property, real and personal, which belongs to each of the above
Parties shall be, and shall forever remain, their personal estate, including all interest,
rents, and profits which may accrue from said property, and said property shall remain
forever free of claim by the other;
2. The Parties shall have at all times the full right and authority, in all
respects the same as each would have if not married, to use, sell, enjoy, manage, gift
and convey all property that presently belongs to him or her;

DEBTS
3. Obligations, liabilities and debts of each future spouse shall be entirely
separate. Each Party hereby irrevocably declares that they will indemnify, keep
indemnified and hold harmless the other Party in respect of any and all legal and
financial obligations and debts incurred by that Party;

FAMILY EXPENSES
4. Each future spouse shall bare the family expenses as follows:

4.1. The rearing and education of future children that may be


begotten or that may be adopted during the marriage shall be borne by
both future spouses proportionately;

4.2. The payment of city services such as water supply service,


electric connection service, internet connection service, and land line
telephone service for their future home shall be borne by both future
spouses proportionately;

4.3. The payment of compensation for house helpers, nannies and


family drivers shall be borne by both future spouses proportionately,
provided, that both future spouses or their future children benefit from
the services of the said house helpers, nannies and family drivers;

4.4 In connection with these expenses, the future spouses shall


undertake to have a common or joint bank deposit or savings account
wherein they shall contribute a portion of their separate incomes for the
purpose of payment for the forgoing proportionate expenses;

DONATIONS
5. Future donations to either spouse, if any, shall pertain exclusively to the
done spouse unless otherwise specified in the Deed of Donation;

EFFECTIVITY
6. This AGREEMENT shall take effect upon the celebration of the marriage.

IN WITNESS WHEREOF, the Parties hereto have signed their names unto this
document this 20th day of February 2017 in Davao City.

Sgd. Sgd.
ANDRE DELA CRUZ NINA SANTOS
Future Husband Future Wife

Signed in the presence of

Sgd. Sgd.
Maria Lourdes Santos Redney Kilo
Republic of the Philippines )
Province of Davao Del Sur) S.S.
In the City of Davao……...)
X………………………………X

ACKNOWLEDGEMENT

BEFORE ME, a Notary Public for and in Davao City, this January 13, 2020, personally
appeared:

Andre Dela Cruz TIN: 555-888-558


Nina Santos TIN: 888-555-885

Known to me to be the same persons who executed the foregoing instrument and
acknowledged to me that the same is their free and voluntary act and deed.

This instrument consisting of THREE (3) pages, including the page on which this
acknowledgement is written, has been signed on each and every page thereof by the
concerned parties and their witnesses, and sealed with my notarial seal.

WITNESS MY HAND AND SEAL, on the date and place first above written.

SGD.
Doc. No. 49; JOSE PAOLO P. PACQUIAO
Page No. 1; Notary Public for Davao City
Book No. 1; Commission Serial No. 055-2015
Series of 2020. Until December 31, 2020
Attorney’s Roll No. 4893
PTR NO. 0843813; 01-05-15; Davao City
IBP O.R. No. 87; 01-05-15; Davao City
MCLE Compliance No. III-0000492 issued
on Aug. 20, 2018
DEED OF ASSIGNMENT OF CREDIT

KNOW ALL MEN BY THESE PRESENTS:

That I, Andre Dela Cruz, of legal age, with residence and postal address at 221 Makalaya
Street Ciudad de Ezperanza, Buhangin, Davao City hereinafter collectively referred to as
”the ASSIGNOR”, for and in consideration of a financial accommodation/loan in the
principal sum of THREE HUNDRED THOUSAND PESOS (P300,000.00), Philippine
Currency, granted to, Nina Santos , hereinafter referred to as “the DEBTOR”, jointly and
severally, by BANCO DE ORO UNIVERSAL BANK, a banking institution referred to
hereinafter as “the ASSIGNEE”, receipt of the proceeds whereof is hereby
acknowledged, hereby cede, transfer, convey and deliver unto ASSIGNEE, its successors
or assigns denominated deposit/s or placement/s as represented by (or as hereinafter
renewed, extended, amended or substituted) together with the funds covered thereby,
it being understood that the ASSIGNEE has the full and absolute control of said
deposit/s / placement/s.

Upon the non-fulfillment by the ASSIGNOR/DEBTOR of any of the conditions of


these deed and the correlative promissory note/s, which form/s an integral part of this
assignment by reference., the ASSIGNEE is fully authorized and empowered to apply
said deposit/s or placement/s for the purpose of liquidating the financial
accommodation/loan either partially or totally. This assignment covers any and all other
indebtedness now and hereafter owing at any time by the DEBTOR to the ASSIGNEE
either individual or collectively, of whatever kind and nature, either absolute or
contingent, direct or indirect, principal or secondary, as may appear in the accounts,
books and records of the ASSIGNEE, any renewal/s or extension/s thereof including
renewal of this obligation, and the payment of attorney's fees and other charges until
the same are completely paid.

Entirely for my/our convenience, the ASSIGNOR hereby delegates to the


ASSIGNEE the authority to implement for and in behalf of the ASSIGNOR, the renewal of
the deposit/s or replacement/s herein assigned at its maturity, subject to the conditions
that (i) the yield shall not be less than that which the ASSIGNEE, in the ordinary course
of business, indiscriminately offers its clients for the placement of amounts comparable
to the amount of the deposit/s / placement/s herein assigned and for equivalent
maturities, and (ii) each renewal or extension of the assigned deposit/s / placement/s
shall be for the period of 30 to 90 days. Except for gross negligence or conduct
amounting to fraud, the ASSIGNOR hereby undertakes to hold the ASSIGNEE free and
harmless from liability for any action taken on the basis of and within the framework of
this power of attorney, and hereby ratifies and confirms all that the ASSIGNEE may do or
cause to be done pursuant thereto and hereto.

Should the deposit/s or placement/s assigned herein be renewed, the renewed


deposit/s or placement/s shall be automatically ceded, transferred, delivered and
conveyed unto the ASSIGNEE without the necessity of a new writing therefor under the
same terms and conditions specified above and in the promissory note/s.

The ASSIGNOR renounces and quitclaims all rights and actions which he/she
/they may be accorded by the legal provisions affected or to be affected by the
authorization herein given.
The ASSIGNEE reserves the right to require additional securities in the event that
the collateral given, in the sole judgment of the ASSIGNEE, is substantially impaired.
Otherwise, the ASSIGNEE may declare the whole financial accommodation/loan due and
demandable.

Pursuant to Central Bank Circular Nos. 1278 and 9272, the ASSIGNOR hereby
waives his under-Republic Act No. 1405, as amended, relative to the confidentiality of
bank deposits.

IN WITNESS WHEREOF, the ASSIGNOR, (and the DEBTOR, in case of third-


partyloan), have hereunto signed this deed at on 22nd day of January, 2020 at Davao
City, Philippines.

Sgd. Sgd.
ANDRE DELA CRUZ NINA SANTOS
Assignor Debtor

signed in the presence of:

Sgd. Sgd.
Maria Makiling Edward Yahay

REPUBLIC OF THE PHILIPPINES)


CITY OF DAVAO . . . . . . . . . . . ..) S.S.

ACKNOWLEDGEMENT

BEFORE ME , a Notary Public for and in the City of Davao, personally


appeared:

Andre Dela Cruz with SSS ID No. 98123 issued at Davao City on April 10, 2014;
and

Nina Santos, with SSS ID No. 34523 issued at Davao City on March 27, 2011;

all known to me to be the same persons who executed the foregoing instrument and
acknowledged to me that the same is their free and voluntary act and deed. This
instrument consisting of three (3) pages including this page whereon this
acknowledgment is written and signed by all the parties and their instrumental
witnesses on each and every page hereof.

WITNESS MY HAND AND SEAL this 22nd day of January, 2020 at Davao City.
SGD.
Doc. No. 50; JOSE PAOLO P. PACQUIAO
Page No. 1; Notary Public for Davao City
Book No. 1; Commission Serial No. 055-2015
Series of 2020. Until December 31, 2020
Attorney’s Roll No. 4893
PTR NO. 0843813; 01-05-15; Davao City
IBP O.R. No. 87; 01-05-15; Davao City
MCLE Compliance No. III-0000492 issued
on Aug. 20, 2018

You might also like