07 September 2015

Subject: DEMAND FOR SPECIFIC PERFORMANCE

Dear MR.:

We are writing for and on behalf of our clients, in relation to the amount of
seventy-five thousand pesos (Php75,000.00) they received from you by virtue
of a loan agreement you orally entered with them sometime in 2009.

By virtue of said loan, you had them executed a deed entitled “Kasulatan ng
Sanglaan ng Lupa at Bahay” dated 10 February 2009, with amendments dated
28 April 2009 and 26 May 2009, and demanded from them the delivery of
Transfer Certificate of Title No. as security thereof. A copy of the said deed is
hereto attached for your easy reference.

For more than six (6) years now, remains under your possession even after the
loan obligation of our clients had long been paid in full. Contrary to law, as
well as to the more exacting standards of morals, you continuously fail and
persistently refused to return to our clients despite repeated demands,
erroneously basing your claim to retain possession of the said title on account
of interests allegedly still outstanding.

Therefore, we hereby make this FINAL DEMAND upon you to deliver TCT
No. to our clients within five (5) days from receipt of this letter in order for
you to settle once and for all this matter without undergoing through the
arduous incidents of litigation and the expenses and embarrassment incident
thereto.

Your failure or refusal to comply with such legitimate demand shall leave our
clients with no option but to file all appropriate actions against you, including
the recovery of interest payments wrongfully paid in your favor.

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We trust that you will give this matter your preferential attention.

Thank you.

Very truly yours,

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