SUBSTITUTION OF ATTORNEY IN FACT

KNOW ALL MEN BY THESE PRESENTS:

I, JOSEFA MARIA A. CORDOVA, single, of legal age, Filipino citizen, with residence and postal
address at #78 Evagelista St., Aurora Hill, Baguio City, Philippines, as ATTORNEY-IN-FACT, by virtue of
the power and authority given by the terms of certain Special Power of Attorney docketed and
entered in the Notarial Registry of Notary Public Oliver Queen of Baguio City as Doc. No. 15; Page
No. 5; Book No. I; Series of 2011, under Entry No. 123456-78-901 dated January 11, 2011 of the
Memorandum of Encumbrances of TCT. No. T-09876 and executed by said CHLOE D. SULLIVAN, a
copy of which Power of Attorney is attached hereto, does hereby substitute and appoint ELOISA L.
LAZARO to do, perform, and execute every act and thing which I might do or could do as such
Attorney in Fact, hereby ratifying and confirming all that the said Attorney and substitute herein
named and appointed, shall do in the premises, by virtue hereof and of the said Power of Attorney.
IN WITNESS WHEREOF, I have hereunto set my hand this 30 th day of July 2014, in the City of
Baguio, Philippines.

JOSEFA MARIA A. CORDOVA CHLOE D. SULLIVAN

ATTORNEY-IN-FACT Principal
TIN: 123-456-789 TIN:987-654-321
Issued on May 21, 2001 Issued on June 15, 2002
Issued at Baguio City Issued at Baguio City

SIGNED IN THE PRESENCE OF:

 
ALAINA K. BENIDICTO MARTHA W. TOLENTINO

ACKNOWLEDGMENT
REPUBLIC OF THE PHILIPPINES }
DONE: IN THE CITY OF BAGUIO } S.S.
X ============================ X
BEFORE ME, a Notary Public in and for the City of Baguio, this 30 th day of July 2014, personally
appeared JOSEFA MARIA A. CORDOVA and CHLOE D. SULLIVAN, who has satisfactorily proven to me
their identities through competent evidence of their identities provided below their respective
names and signatures, and that they are the same persons who executed and voluntarily signed the
foregoing Substitution of Attorney-In-Fact which they acknowledged before me as their free and
voluntary acts and deeds.
This instrument consisting of ONE (1) page, including the page on which this acknowledgment is
written has been signed on the left margin of each and every page thereof by the parties and their
witnesses.
WITNESS MY HAND AND SEAL.

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Doc. No. 66;
Page No.14;
Book No.1;
Series of 2014.