REPUBLIC OF THE 

PHILIPPINES)
CITY OF BAGUIO                      ) S.S.

AFFIDAVIT OF CONSOLIDATION OF OWNERSHIP

I, DELA CRUZ, of legal age, Filipino, married and with residence

address at Rimando Road, Baguio City after having been duly sworn to in
accordance with law, depose and state:

1. That on August 20, 2014, Mr. Gwapo, of legal age, Filipino,

single, residing at 20 Rimando Road, Baguio City, sold to me a
certain parcel of land under pacto de retro, executed before
Notarial Public Ganda and bearing Not. Reg. No. 2, Page 2, Book
II, Series of 2014 of her Notarial Register (copy of the said  pacto
de retro sale is hereto attached as ANNEX “A”);

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

3. That the period expired on August 20, 2016 without the vendor, by
himself or by any other person in his behalf complying with the
condition and stipulation required for the repurchase of the said
property;

4. That the said period of repurchase has not been extended, either

expressly or impliedly, by affiant vendee a retro;

5. That by the deed of sale with  pacto de retro and by the failure of
Mr. Gwapo to duly repurchase the property within the
period stipulated, there was consolidated in the affiant, as vendee a
retro, the absolute ownership of the property. Attached hereto, as
ANNEX “B,” is an order of the Regional Trial Court of Baguio
City issued on September 15, 2016 approving and confirming the
above consolidation of ownership in the name of affiant.

IN WITNESS WHEREOF, I have hereunto set my hand this 17th

day of January 2017 in Baguio City, Philippines.

DELA CRUZ
Affiant

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 SUBCRIBED AND SWORN TO, personally before me this 20th
day of September 2016 in Baguio City, Philippines, affiant exhibiting to me
his Philippine Passport No. issued in Baguio City on July 2, 2013 and valid
until July 1, 2018.

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