REPUBLIC OF THE PHILIPPINES) CITY OF ANGELES ) SS

AFFIDAVIT OF GOOD FAITH

WE, the undersigned MORTGAGOR and MORTGAGEE, severally swear that the foregoing chattel mortgage is made and executed for the purpose of securing the obligation specified in the conditions thereof, and for no other purpose and that the same is a just and valid obligation, and one not entered for the purpose of fraud.

KENNETH NAVARRO MORTGAGOR

DAVION NAVARRO MORTGAGEE

SUBSCRIBED AND SWORN to before me this 29th day of July 2014, at Angeles City, Philippines, affiants exhibiting to me their Community Tax Certificate Nos., as indicated below: NAME Kenneth Navarro Davion Navarro CTC NUMBER 52916292 75292721 DATE/PLACE ISSUED 1/09/2007 Magalang, Pampanga 01/14/ 2007 Magalang, Pampanga

Known to me to be the same persons who executed the foregoing Affidavit of Good Faith and acknowledged to me that the same is their own free act and deed.

WITNESS MY HAND AND SEAL.

Doc No. 5 ; Page No. 1 ; Book No. I ; Series of 2013.

ATTY. JAN MARIMLA

Notary Public, Magalang, Pampanga Com. No. 2010-034 Exp. Dec 31, 2013 PTR No. 182-4358/Jan 04, 2007/A.C. IBP No. 664374/December 4, 2010/A.C. San Pedro 1, Magalang, Pampanga