LOAN AGREEMENT

This Agreement is executed by and between:

FERDINAND UY AND ROWENA UY, both of legal age, Filipino married and a
resident of Santiago, Isabela, Philippines, hereinafter referred to as CREDITORS; and
JOSEFINA ONGCUANGCO, of legal age, Filipino, single and a resident of Kapt.
Pepe Subd. Cabanatuan City, Nueva Ecija Philippines, hereinafter referred to as DEBTOR;

WITHNESSESTH:

That the DEBTOR offers to borrow a sum of money in the amount of FIFTY
MILLION PESOS (₱50,000,000) from the CREDITORS and the latter agrees to lend the said
sum of money to the former;
That the herein parties hereby agree to enter into a Loan Agreement under the
following terms and conditions:

1. That the listed parcels of land registered under the name of the DEBTOR, which
are particularly described below, shall be used as a security for the contract of
loan herein entered into:

A. STA. ROSA
TCT# 234551- 10,841 sqm.
TCT# 234552- 706 sqm.
Located along Maharlika Highway, San Gregorio, Sta. Rosa, Nueva
Ecija

B. PETRON
T- 61966- 300 sqm.
T- 61967- 354 sqm.
T- 61968- 392 sqm.
T- 61969- 300 sqm.
T- 61970- 300 sqm.
T- 61971- 288 sqm.
T- 61972- 288 sqm.
T- 61973- 288 sqm.
Located at Maharlika Highway, H Concepcion, Cabanatuan City,
N.E.
 C. KAPT. PEPE PHASE 2
T- 136166- 294 sqm.
T- 136167- 294 sqm.
T- 136168- 294 sqm.
T- 136169- 294 sqm.
T- 136170- 294 sqm.
T- 136171- 294 sqm.
Located at 5 and 6 Street, Brgy. Kapt. Pepe, Cabanatuan City, N.E
th th

D. KAPT. PEPE PHASE 2

T- 59429- 240 sqm.
T- 59430- 240 sqm.
Located at 13th street Kapt. Pepe Subdivision, Brgy. H. Concepcion,
Cabanatuan City, N.E.

E. CENTRAL TRANSPOR TERMINAL

T-79527- 600 sqm.
Located at Brgy. D.S Garcia, Cabanatuan City, N.E

2. That the DEBTOR shall issue TWELVE (12) POST- DATED CHECKS to cover for
ONE (1) Year for interest payments of 6% per year and one for the principal amount.

3. That the DEBTOR will have the priority of finding potential buyers of said properties
and will be able to pay the full amount of loan in the event of actual sale.

4. That the DEBTOR will have the priority of finding potential buyers of said properties and
will be able to pay the full amount of loan in the event of actual sale.

CONFORME

MS. JOSEFINA M. ONGCUANGCO FERDINAND & ROWENA UY

DEBTOR CREDITOR
 ACKNOWLEDGEMENT

Republic of the Philippines)

City of Cabanatuan ) S.S

BEFORE ME, a Notary Public, for and in the City of Cabanatuan, Province of
Nueva Ecija, Philippines, personally appeared the above-named persons with their respective
identities below their signatures above, known to me and to me known to be the same persons
who executed the forgoing instrument and they acknowledged to me that the same is their own ,
free, voluntary act and deed.

This Contract of loan consists of two (3) pages including this page where this
Acknowledgement is written.

WITNESS MY HAND AND SEAL this _____ of August, 2022 at Cabanatuan

City, Nueva Ecija.

Doc No.________
Page No. ________
Book No. ________
Series of 2022
 ACKNOWLEDGEMENT

This is to acknowledge the receipt of the followings checks.

DATE NAME OF BANK CHECK NO. AMOUNT

BANCO DE ORO 0000608242 ₱250,000
BANCO DE ORO 0000608243 ₱250,000
BANCO DE ORO 0000608244 ₱250,000
BANCO DE ORO 0000608245 ₱250,000
BANCO DE ORO 0000608246 ₱250,000
BANCO DE ORO 0000608247 ₱250,000
BANCO DE ORO 0000608248 ₱250,000
BANCO DE ORO 0000608249 ₱250,000
BANCO DE ORO 0000608250 ₱250,000
BANCO DE ORO 0000608251 ₱250,000
BANCO DE ORO 0000608252 ₱250,000
BANCO DE ORO 0000608253 ₱250,000
BANCO DE ORO 0000608254 ₱50,000,000

RECEIVED BY:

________________
FERDINAND UY