CERTIFICATION

This is to certify that Promissory Notes covering account with outstanding

Balance in the amount of ( ), PHP as of
per attached “Annex B” or Schedule of Notes for Assignment is/are used as collateral/security of
for loan availed on with LANDBANK.

The assigned sub-PNs and its underlying collateral are current in status and in the custody of ,
held in trust for LANDBANK and available for inspection and physical transfer at the option of LANDBANK
through its authorized representative.

We further certify that our borrower(s) were informed that their respective PN(s) with underlying
collateral is/are submitted as collateral/security to Rediscounting loan with LANDBANK. Thus, LANDBANK has
the right to collect directly from the borrowers when it is deemed fit and proper.

____________________________
Authorized Signatories

ACKNOWLEDGEMENT

SUBSCRIBED AND SWORN to before me this at ,

affiant exhibiting to me his/her.

NAME CTC PLACE/DATE OF ISSUE

Doc. No.
Page No.
Book No.
Series of 2020