The Board of Directors Philippine Postal Savings Bank Postal Bank Center, Liwasang Bonifacio Intramuros, Manila

Sir/Madam: reetings! "e are writing to send #ou our appeal and proposal to purchase the real estate propert# located in Lot 18 Block 13 General Villamor Street, Soldiers Hills II Subdi ision, !lman"a #no, Las $inas %it& with T%T 'o( T)8*+,, previousl# awarded to us and at present where m# famil# resides$ %nfortunatel# however, for reasons &e#ond our control, said award was cancelled of which we are greatl# saddened and worried$ 't the outset, we would like to e(tend our utmost gratitude for the said award and the assistance e(tended &# #our good office with regard the purchase of the said propert#$ 't this earl#, we &eg #our understanding and please accept our sincerest apologies for whatever inconveniences the eventual cancellation ma# have caused #ou and the Bank$ M# famil# for several #ears have occupied and resided in the said propert# which has &ecome a great part of us for all its worth and the sentimental value thereto connected$ "e have also introduced a num&er of improvements of which we are ver# much affectionate of, not to mention the value the same had appended$ It is for this reason and for some that we cannot put into words that we would like to keep the propert# and offer this purchase proposal if onl# to see our children and perhaps our grandchildren grow therein$ 's #ou ma# know, the award for the said propert# was cancelled due to our failure to pa# the monthl# amorti)ations, and for this reason, the same is now offered for pu&lic sale$ *or whatever worth this ma# serve, we have tried our ver# &est to keep up with the pa#ment of the said amorti)ations$ +owever, due to the almost consecutive deaths of m# father and &rother that drained m# sister,s finances due to their hospitali)ation &ills, interment and other e(penses, coupled with the man# financial set&acks she also suffered, and at the same time, the financial insecurit# m# own famil# suffered, we were hapless and una&le to settle said o&ligation$ If given the opportunit#, we are more than willing to remed# the situation and a&ide &# an# of the Bank,s policies if onl# to keep the propert#$ "hen the propert# was awarded to us in -../, we have entered into a 0eed of Conditional Sale in which the same was valued at 1ne Million Si( +unded *ift# *our Pesos 2$1,-.+,,,,(,,3, for which the initial down pa#ment was $-.,,,,,(,, and monthl# amorti)ations of $/3,,,8(33$ "e have alread# paid the said down pa#ment and several of the monthl# amorti)ations of which the total amount to sum up was more or less $8,,,,,,(,,$ 4his *irst 'greement was novated and a Second 'greement for the pa#ment of the amorti)ations was entered into wherein the purchase price of the said propert# was valued at 1ne Million *ive +undred Pesos 2$1,.,,,,,(,,3$ 1f this Second 'greement, a down pa#ment in the amount $3,,,,,,(,, was set$ "e have alread# paid $/,,,,,,(,, of the said $3,,,,,,(,, &efore failing to proceed with the pa#ment of the &alance of $1,,,,,,(,, and the monthl# amorti)ations$ 4o date, at most, we have alread# paid more or less 0ne 1illion $esos 2$1,,,,(,,,(,,3 considering the *irst and the Second 'greements $ - Page 1 -

"e have learned from the Philippine Postal Bank we&site that the valuation of the su&5ect propert# as of 4ebruar& /,1/ is at $1,+*.,,,,(,, and the same is now currentl# offered for pu&lic sale$ 1n our end, the amount we have alread# paid to more or less $1,,,,,,,,(,, since -../ was from hard earned mone# and relentless efforts$ +owever, we are sadl# aware of the predicament that our then failure to pa# the monthl# amorti)ations caused the cancellation of the award and now the eventual offer to pu&lic sale$ 't this point, we would like to &eg #our kind indulgence in granting us an opportunit# to purchase the said propert# under the similar terms of the Second 'greement$ "e ask that valuation of the propert# is still the same as the Second 'greement at $1,.,,,,,,(,, "e offer and promise to pa# the remaining &alance of the previous $3,,,,,,(,,, which is now $1,,,,,,(,, within t5o 2/3 months from the approval of our offer$ *or the &alance of $1,/,,,,,,(,,, we offer and promise to pa# the same for a period of ei6ht 283 &ears at $1/,.,,(,, ever# month without interest$ "e have carefull# deli&erated in making this offer and rest assured that we will do ever#thing in our means to a&ide should the same &e granted$ 4he amount of more or less $1,,,,,,,,(,, we have previousl# paid together with the valuation for the Second Contract of $1,.,,,,,,(,, would in effect make the value of the propert# to more or less $/,.,,,,,,(,, which is almost dou&le the amount of its current valuation at $1,+*.,,,,(,, as of 4ebruar& /,1/$ In effect, we are almost foregoing with the initiall# paid $1,,,,,,,,(,,, an amount we are more than willing to forego if onl# for us to keep the propert#$ "e are full# aware that our proposal is su&5ect to the approval of the Board after careful and thorough deli&eration$ 6est assured also that we will settle an# o&ligation that we ma# &e responsi&le of in connection with the same$ It is hoped that #ou will find ever#thing in order and, again, we &eg #our kind indulgence on the matter and thank #ou for #our consideration of this offer$ 4hank #ou ver# much ad od &less us all$

Leah 7( Lana 'ttorne#7in7fact for 8dna 6$ 6amos

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