DEED OF DONATION

KNOW ALL MEN BY THESE PRESENTS:

I, _____________, of legal age, Filipino, (single / married / widow), and a

resident of _____________, Philippines (hereinafter called the "DONOR");
- and -

_____________, likewise of legal age, Filipino, (single / married / widow),

and a resident of _____________, Philippines (hereinafter called the
"DONEE");
witnesseth:

WHEREAS, the DONOR is the registered owner of a certain condominium

unit, more particularly described as follows:
(Technical Description of Title of Condo Unit)

WHEREAS, the DONEE desires to donate the above-described condominium

unit to her _____________, and the latter is ready, willing and able to
accept the same;

NOW, THEREFORE, for and in consideration of the love and affection which
the DONEE inspires in the DONOR, and as an act of gratitude, pure liberality
and generosity on her part, the DONOR hereby voluntarily and freely GIVES,
TRANSFERS, and CONVEYS by way of donation, unto the DONEE, (his/her)
heirs, assigns, and successors-in-interest, the above-described condominium
unit, together with all the improvements found thereon, free from all liens,
encumbrances and charges of whatever kind;

That the DONOR affirms that this donation is not made with intent to
defraud (his/her) creditors, and that (he/she) has sufficient funds and
property reserved for herself and her obligations;

That the DONEE hereby accepts and receives this donation made in
(his/her)favor by the DONOR, and hereby manifests (his/her) gratefulness
for the latter's generosity and liberality.

IN WITNESS WHEREOF, both parties have hereunder subscribed their names

this _____________ at _____________, Philippines.

DONOR DONEE

SIGNED IN THE PRESENCE OF:

_________________ __________________

(ACKNOWLEDGMENT)