ACKNOWLEDGMENT AND PROMISORRY NOTE

I, KAREN A. OBLES, of legal age, Filipino, single and a resident of Blk. 3, Lot 6,
Camellas Homes, Brgy. Bancao-Bancao, Puerto Princesa City, Palawan, acknowledged the
amount of FIFTY THOUSAND PESOS (₱50,000.00), Philippine Currency, from GLENN TEE
BENITEZ, of legal age, Filipino, single and a resident of Liberty, Bagong Sikat, Puerto
Princesa City, Palawan, as additional for my loan using a certain lot identified as Lot No. 3,
Blk. 6, situated in Camella Homes, Brgy. Bancao-Bancao, Puerto Princesa City, Palaawan,
including a house Model Marga-Single Firewall with floor area of FORTY EIGHT (48)
square meters, and all improvements existing thereon as collateral, and promise to pay the
above mentioned amount with six percent (6%) monthly interest from the principal
amount on or before June 30, 2020.

Signed this 4th day of February, 2020, at Puerto Princesa City, Palawan.

KAREN A. OBLES GLENN TEE BENITEZ

Mortgagor/Promisor Mortgagee
Phil. Passport ID No. EC1786451 LTO PDL ID No. D11-95-024658

SIGNED IN THE PRESENCE OF:

Jonathan V. Basario Michael L. Deniña

Republic of the Philippines )

City of Puerto Princesa City ) S.S
Province of Palawan )
ACKNOWLEDGMENT

BEFORE ME, A Notary Public for the City of Puerto Princesa and in the
Municipalities of Aborlan, Narra, Cuyo and Magsaysay, Province of Palawan, this 4 th day of
February, 2020 personally appeared the above named parties bearing their competent
evidence of identity indicated under their names and signature known to me to be the
same person who executed the foregoing instrument and acknowledged before me that the
same is her own free voluntary acts and deeds.

WITNESS MY HAND AND SEAL on the date and place above written.

Doc No. _______

Page No. ______
Book No. _____
Series of 2020