ACKNOWLEDGEMENT RECEIPT

I, ALFLOR RIVERA, of legal age, Filipino, and residents of Saint

Vincent Subdivision, Cogon, Bogo, Cebu, hereinafter called the VENDOR,
hereby acknowledge the receipt of Two Hundred Thousand Pesos
(P200,000.00) from CYNTHIA G. YMALAY, Filipino, of legal age, married, with
address at Tinaogan, Bindoy, Negros Oriental, as full payment of a parcel
of land with an area of 38.5 square meters located at Domolog, Bindoy
Negros Oriental, embraced by OCT No. F-V-93, PSU 121601.

Done this _____________ at Dumaguete City, Negros Oriental,

Philippines.

ALFLOR RIVERA
Vendor