ACKNOWLEDGMENT RECEIPT

This is to acknowledge that the undersigned received the

amount of FIVE MILLION FIVE HUINDRED TWENTY SEVEN THOUSAND
FIVE HUNDRED (Php5, 527, 500.00.00) PESOS, Philippine Currency,
from _____________________________________________ as partial
payment of the consideration for the sale of a parcel of land
covered by TCT NO. (T-16145) 142-T-7399 containing an area of Four
Thousand Two Hundred Eleven (4,211) square meters, more or less,
located at in the Barrio of Lawaan, Municipality of Tagum, Province
of Davao.Island of Mindanao.

That the consideration of the aforementioned property is TEN

MILLION FIVE HUNDRED TWENTY SEVEN THOUSAND FIVE HUNDRED
PESOS(Php:10, 527,500.

Philippines, Tagum City, _______________.

Received by:

_____________________________________________________
VENDOR

Signed in the presence of:

_____________________________ ____________________________