STATEMENT OF ACCOUNT

As of November 28, 2018

Outstanding Principal 500,000.00

Date Granted 09 December 1996

Last Transaction Date 09 December 1996

Status Past Due

Interest Rate 18%

Penalty Rate 24

From To No.Of Interest Amt

Outstanding Days

Principal - - - - 500,000

Unbooked

Interest 12/09/96 11/28/18 8,024 18% 2,591,667

Unbooked

Penalty. 09/02/97 11/28/18 7,757 24% 2,000,000

Outstanding

Balance - - - - 5,091,667

Less:

Downpayment - - - - 91,667

Total Outstanding

Balance - - - - 5,000,000

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Compromise Settlement:

Total Outstanding Balance 5,000,000.00

Less:

Unbooked Penalty 40% 2,000,000.00

TOTAL BALANCE AS OF 11/28/18 3,000,000.00

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(Payable w/in 5years (60months)

3,000,000.00 / 60months = 50,000.00/monthly.

December 28, 2018 up to November 28, 2023.

Monthly Amortization for Each Lot: ( 50,000pesos )

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( 870 sq. meters + 300 sq.meters = 1.170 sq.meters)

( Danny)

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870 sq.meters / 1,170 sq.meters = 74%

74% x 50,000 = 37,000pesos/monthly

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(Lucky)

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2.) 300 sq.meters / 1,170 sq. meters = 26%

26% x 50,000 = 13,000pesos/monthly

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