PRO-ForMA Thru Bank Financing

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SPECIAL POWER OF ATTORNEY

KNOW ALL MEN BY THESE PRESENTS:

I, _____________, of legal age, Filipino citizen, and with address at


____________________, Philippines, respectively, do hereby NAME, CONSTITUTE and
APPOINT, ______________________ , of legal age, Filipino Citizen and with
residential address at _________________________ , Philippines, to be my true and
lawful ATTORNEY-IN-FACT, for me and in my name, place and stead, to do and
execute all or any of the following acts, to wit:

1. To enter, make, negotiate, sign, execute, and deliver contracts,


documents, agreement with VASTANA PROPERTIES AND
DEVELOPMENT CORP. or its representative, concerning the purchase of
a property, under the terms and conditions which may be determined
reasonably and necessary and acceptable to my said Attorney-in-
fact;

2. To pay and deliver any amounts and/or checks in consideration of the


agreement and to obtain the official receipts concerning thereof;

3. To apply for a bank loan, on my behalf, in consideration of the said


agreement;

4. To execute such acts as my Attorney-in-fact may consider it


appropriate for the construction of the house, the preservation and
administration of the property and all matters concerning the purchase
thereof;

5. To manage and administer the construction of the house and to make


decisions in all matters regarding the construction including but not
limited to the approval of or modification and/or alteration of house
designs, details, change of orders, house paint colors, tiles, construction
materials and all aspects of construction with unlimited and general
management and we withhold no power from my true and lawful
Attorney-in-Fact;

6. To make, sign, execute, and deliver contracts, documents, agreements,


application for basic city services like water, electricity, telephone lines,
cable, etc., and other writings of whatever nature or kind, with any and
all third persons, concerns, or entities, upon terms and conditions
acceptable to my said Attorney-in-Fact;

7. To enter into, make, sign, execute, and deliver contracts, documents,


agreements, and other pertinent instruments or writings of whatever
nature or kind which may be necessary to carry out the authority
contained in this Special Power of Attorney;

8. To appoint a substitute or a third person to act in her stead and


delegate the exercise of any and all of its Authority/Powers under this
Special Power of Attorney;
Special Power of Attorney

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HEREBY GIVING AND GRANTING unto said attorney-in-fact full power and
authority whatsoever requisite and necessary or proper to be done in or about the
premises, as fully to all intents and purposes as the undersigned principal might or
could lawfully do if personally present, with power of substitution and revocation, and
hereby ratifying and confirming all that the undersigned’s attorney-in-fact shall do or
cause to be done and by virtue of these presents.

HEREBY GIVING AND GRANTING unto our said Attorney-in-Fact full


power and authority to do and perform all and every act requisite and necessary in
carrying out the foregoing, as fully to all intents and purposes as we may or could have
done personally if present, with full power of substitution and revocation, and hereby
RATIFYING AND CONFIRMING that my said attorney-in-fact or her substitute shall
lawfully do or cause to be done by virtue thereof.

IN WITNESS WHEREOF, we have hereunto set our hands this


______________________ at ________________________.

________________
Principal
Passport No.
Valid Until:

Accepted by:

__________________
Attorney-in-Fact
TIN No.: 700-654-532-000

SIGNED IN THE PRESENCE OF:

_________________________ _______________________
[Signature over printed Name] [Signature over printed Name]

Special Power of Attorney

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ACKNOWLEDGEMENT

Republic of the ______________)


Done in the_________________) S.S.
x------------------------------------x

BEFORE ME, a Notary Public for and in _______________________________


this ________________________, personally appeared the above parties and exhibited
to me their identification cards as indicated below their names, and personally known to
me to be the very same persons who executed the foregoing agreement, and said
parties acknowledged to me that the same is their free and voluntary act and deed.

This instrument known as SPECIAL POWER OF ATTORNEY consists of THREE (3)


pages including the page on which this acknowledgment is written, and signed by the
parties executing this instrument and their witnesses, and sealed with my notarial seal.

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

Doc. No. _____;


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

Special Power of Attorney

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