ACKNOWLEDGMENT RECEIPT

That we, HEIRS OF REYNALDO AGUILUCHO, namely: ISABEL M. AGUILUCHO,

Filipino, of legal age, widow, with residence address at in Sapul, Calapan City, Oriental Mindoro;
LEONILA M. AGUILUCHO, of legal age, Filipino, and a resident of Blk 15, Lot 44, Jasper St.,
Newton Heights, San Francisco, Biñan City, Laguna, hereby acknowledge the receipt of TWO
MILLION PESOS (P 2,000,000.00), and we concurred to issue the name of LEONILA M.
AGUILUCHO as FULL PAYMENT, for the purchase of a parcel of land with an area of (11, 130
SQM) more or less, situated at Sapul, Calapan City, Oriental Mindoro, covered by TCT No. T-100719,
together with all items present therein, from SAPULVILLE ENTERPRISES CORP., hereby
represented by its President , JOSEPHINE A. TIU, buyer, a domestic corporation, with principal address
at Sapul, Calapan City, Oriental Mindoro. The subject property described as:

TRANSFER CERTIFICATE OF TTLE NO. T-100719

A parcel of land (Lot 987-A-4 of the subdivision plan, Psd -045205-064473, being a
portion of H. 121130, Lot 987-A, Bsd-10359, L.R.C Rec. No.), situated in the Barangay
of Sapul. Bounded on the N., along line 1-2 by Lot 994 Calapan Cadastre; on the NE.,
along line 2-3 by Lot 987-A-3, of the subd. Plan; on the SW., along line 3-4 by Lot 987-
B, Bsd-10359, Lot 4561, Calapan Cadastre;

CHECK DETAILS ISSUING BANK CHECK #

DATE

That the payment of Capital Gains Tax, Estate Tax, Documentary Stamp Tax, Transfer
Tax, processing of the DAR Clearance, NIA fees, and agent’s fee shall be for the account of the
Seller and the taxes in relation to the sale shall be for the account of the Buyer.

That we guarantee that the property is free from any and all lien/s or encumbrance/s and
untenanted. That we hereby release the Buyer and its officers and affiliates from any obligation
and/or responsibilities in relation to the said property by virtue of its full payment.

WITNESS OUR SIGNATURES, to acknowledge our conformity and participation

the preparation of this instrument and receipt of the amount involve this ____ day of
___________ 2019, in ____________________, Philippines.

SELERS

______________________
ISABEL M. AGUILUCHO
TIN ID No.