DEE,T} OF RE,CONVEYANCE

WITH SPECIAL POWER OF' ATTORNEY

KNOW AT,I, MF],N BY THESE PIIF]ST]N'TS:

This deed made and executed by and between:

T0SHI TIM LAND INC0HPORATED, a corporation duly organized and existing in accordance witn Philippine laws with principal place of
business at Davao City, Philippines, herein represented by its President Romualdo S. Dela Pena in the person of
of legal age, married and a resident of Davao City, Philippines, herein
reffered to as the FIBST PARTY
-and-

0 Ll
of legal age, single/married to
and a resident o{
hereinafter reffered to as the SECCNB PARTY

WITNESSElH:
(1 ) WHEREAS,byvirtueoftheDeedofSalemadeandexecutedbyandbetweenthehereinpartiesregisteredasDoc.No,--;BookNo._,
Page No._; Series of _,__; of Notary Pu blic 0f the C ity of Davao, the ownersh ip of that
certain parc eI of iand cove red by inO desc ribeO by fra n ster Certiticate ot f itte tita t- of the off ice of the Reg istry
of Deeds for the City of Davao was ti'ansfei'red to - *hrir .r* th, SEC0ND PARTY in this act;

(2) WHEREAS, by virtue of the aforementioned Deed of Sale, the SECOND PARTY now appears as the legal and registered owner of the above-
mentionedparceloflandv'thichi3n0wregiSteredundercoveredbyTransferCertificateo{TitleN0,T--ofthe0ffice
0f the Registi'y of Deeds for the City af Davao,

(3 ) WHEREAS, it is the true intention and agreement 0f the parties that the SEG0ND PARTY shall transfer redeliver and / or reconvey the house
and lot subject hereof (Lot No._; Block No. of ,r'l' {E
House [\4odel: ) and the title thereto, including all the improvements, whether useful, necessary or for
embellishment, found and existing thereon, that may have been or hereafter may be introduced by the SEC0ND PARTY, unto and in favor of
the FIRST PARTY, its successors and assigns, without the benefit of refund and/or reimbursement therefore, in any of the {ollowing cases:

(a) When the SEC0ND PARTY fails, refuses and/or neglects t0 pay any and ail accounts or obligation due and payable to the FIBST PARTY,
without the need of any demand or notice;

(b) When the SEC0ND PABTY farls, refuses andior neglects to pay three (3) monthly installment on his amortizations with the abovementioned
funding agency without the need of any demand or notice.

(c) When the mortgage origination and/or purchase pertaining to the subject house and lot have been disapproved, refused, cancelled, not
acted upon by the __ ,

(d) When the SECOND PARTY has expressed the intention to withdraw, cancel, rescind any and all documents pertaining to the house and lot;

(e) When acts omissions inimical to the interest of T0SHI TIM [AND, lNC. are attributable t0 the SEC0ND PARTY as may be determined by
T0SHI TIM LAND, iNC. or liv those claiming under the SEC0ND PARTY;

r, When the SEC0N0 PAETY is f nund by TOSHI TIM LAND, lNC. to have made misrepresentations in connection with his application for the
:,:_ : :- :, "af,: ,.: al.,d t;r qlbieCi hgrgOf:
 ,',-:-:'':SEC0NDPABTY J.;caiigerotdying0nacc0untof illness,accidentexposuretothecriminal elementsorduetooccupational
,d4dt u).

(h) Filling by 0r against the SEC0ND PARTY of any petition for insolvency or receivership;

(i) Calling a meeting ol creditors;

0) Execution of a deed of trust;

(k) Assignment, mortgage or piedge 0f any account receivable or property:

(l) Making any misrepresentation to T0SHI TIM LAND, lNG. for the purpose of obtaining credit or an extension of credit in the application
form without prejudice to TOSHI TIM LAND, lNC. holding the makers criminally liable for any false representation;

(m) Any change in the condition or affairs of the SEC0ND PARTY as, in the opinion ot T0SHI TIM LAND, lNC. shall increase its credit risk.

(4) WHEREAS, it is the true intention and agreement of the parties that upon reconveyance by the SECOND PARTY, in any of the cases menlioned
in this deed, the SECOND PARTY, upon notice and demand, shall immediately vacate the premises voluntarily;

(5 ) WHEREAS, for the purpose of this reconveyance, the SECOND PARTY has waived as he/she hereby waives any and all such de{enses or claims
against such a reconveyance;

(6.) WHEREAS, it is the true intention and agreement of the parties that until full payment of the price of the house and the lot subject hereof, the
ownership and the title thereto and to all of the improvements thereon shall belong and pertain to or remain with the FIRST PARTY;

(7 ) WHEREAS, it is the true intention and agreement of the parties that the purchase price of the house and lot shail be paid out of and under the
unified home lending scheme of the government in accordance with the established guidelines for mortgage origination and purchase 0f the

NOW THEREFORE, for and in consideration of the foregoing, the SEG0ND PARTY hereby grants the following authority unto the FIRST PARTY,
subject only to the following conditions:

1. Authority is hereby granted t0 the FIRST PARTY and / or its

2. The authority granted herein shall include the power to rescind, cancel and to execute such acts and documents necessary to re-convey
redeliverthehouseandl0tandallpartsandportionsthereoftotreFlRSTPARTYcoveredbyTCTNo.T--olthe0ftice
of the Registry of Deeds of Davao City:

3. To sell, Iease mortgage, convey 0r otherwise dispose the subject iot covered and described in TCT No. T- of the
0ffice of the Registry of Deeds of or for the City ol Davao, Philippines, and all the improvements found and existing thereon. including but not
limited to the residential house thereon and all the appurtenants, thereto, under such terms and conditions as may be acceptable t0 the FIRST
PARTY or its duly authorized representatives,

4. To execute, sign, deliver, draw or make any documents, contract, agreements, as may be deemed necessary by contractual intents and
purposes and the authority herein granted withoutthe benefit of any notice or demand;

5. To perform or do any of the acts and powers herein granted free from interference or revocation by the SECoND PARTY it being
understood that the aforesaid Deed of Absolute Sale (Doc. No Page No. Book No.
Series of ) executed by the parties herein depends upon it and that it is the means of fulfilling the obligation of the SEG0ND
PARTY to pay any and all accounts due to the FIRST PARTY arising out of or in connection with the subject lrouse and lot (covered) out of or
in connection with the sublect house and lot (covered by TCT No. T- 0f the Registry of Deeds for the City of Davao,
Philippines);

6. To perform or do any of the powers and acts herein granted free from all defenses, claims and interests which the SEC0ND PARTY forever
waives, abandons and extinguishes. This waiver by the SEG0ND PARTY shall include all such other claims, defenses, rights and interest
which may hereafter inure to the benefit of the SECOND PARTY in connection with or pertaining to the subject house and lot (covered by
TCT No. T- of the Registry of Deeds for the City of Davao, Philippines);

7 To perform or do any of the powers and acts herein granted free from restrictions, such as legal requirements for the marital consent to the
SEC0ND PARTY's spouse. ln this connection, the SECOND PARTY hereby waives all the rights and claims and any and all consequences of
the lack of such marital consent with the end in the view that allthe purposes and intents, as well as the authority or power herein granted be
carried out effectively of the SEC0ND PARTY.

lN WITNESS WHERE0F, the parties have unto set their hands this day of 20-, in the City of
Davao, Philippines.

TOSHI TIM LAND, INCORPORATED

3Y: BY
PRESIDENT SECOND PARTY
with my marital consent
SIGNED IN THE PRESENCE OF
 ACKNOWLEDGEMENT

CEPUBLIC OF THE PHILIPPINES )

I urr 0'f 0lYA0 )

xx
BEFORE il/E, a Notary Public for and in the City of Davao, Philippines, this personally appeared the
follorring persons with their respective Community Tax Certificate Nos., to wit:

TOSHI TIM LAND, INC. C & CI issued at

0n

A&B issued at

0n

A&B issued at

0n

known to me and to me known to be the same persons who executed the foregoing instruments and they acknowledged t0 me that the same is their own free
and voluntary acts and deed.

This instrument refers to a Deed of Reconveyance with Special Power of Attorney consisting of two (2) pages including this page in which this
acknowledgement is written, duly signed by the parties together with their instrumental witnesses, on each and every page hereof.

WITNESS MY HAND SEAL on the date, place above written.

Dbc. No. :-;