Notarial Cancellation of the Contract to Sell

January 18, 2015

MAGANDA B AKOH
No. 123 May Bukas Pa Road,
Barangay Bagong Buhay,
City of Mandaluyong

NOTARIAL CANCELLATION OF CONTRACT TO SELL

Dear Ms. Akoh:

This refers to the house and lot that you purchased from Carmela Homes, Inc per
Contract to Sell dated 21 June 2012 located No. 123 May Bukas Pa Road,
Barangay Bagong Buhay, City of Mandaluyong, and covered by Transfer
Certificate of Title No. 05-1234567 of the Registry of Deeds of Mandaluyong City.

As of December 31, 2014, your outstanding obligation amounted to ONE MILLION

FIVE HUNDRED FIVE THOUSAND PESOS (₱1,505,000.00). Despite written demands
and the lapsed of the grace period provided by law, your past due obligation
with Carmela Homes, Inc. remains unpaid.

In view thereof, please be informed that your rights under the aforesaid Contract
To Sell is hereby cancelled effective Thirty (30) days from receipt of this notice.

Very truly yours,

ATTY. DIWATA NG BAHAGHARI

Head, Legal Department

JURAT
SUBSCRIBED AND SWORN to, before me, in City of Mandaluyong, this 20th day of
January 2005, after the affiant exhibited to me her TIN No. 118-618-1228 issued on
25 January 1992, at Mandaluyong City.

NOTARY PUBLIC
Doc. No. _____;
Page No. _____;
Book No. _____;
Series of 2015.

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ACKNOWLEDGMENT

Received by: _______________________________________

Date : _______________________________________