ACKNOWLEDGMENT RECEIPT

ABCD, also of legal age, Filipino, and is a resident of xxxx St., Juna
Subdivision, Matina, Davao City, hereby acknowledges receipt of the amounts:

NINE HUNDRED SEVENTY FIVE THOUSAND PESOS ONLY (P 975,000.00)

EIGHTY TWO THOUSAND EIGHTY PESOS ONLY (P 82,080.00)

xxx on February 24, 2022, from XYZ (vendee/buyer) in the payment of the
interest for default by virtue of the Contract to Sell 1 and in the payment for the
reimbursement of the Homeowner’s Association dues imposed on the property 2
subject of the sale for the years 2019-2022.

Received by:
ABCD

Received on:
February 24, 2022

1
CONTRACT TO SELL of ABCD and xxx Trading Corporation, represented by XYZ dated February 19, 2019.
NOTARIAL ENTRY: Doc. No. 33, Page No. 8, Book No. III, Series of 2019. Notarized by Atty. LJC

2
A parcel of land embraced in Transfer Certificate of Title No. T-352232 situated in the Barrio of Dumoy,
City of Davao, Island of Mindanao, containing an area of Seven Hundred Sixty Square Meters (760 sq.m.),
more or less, particularly described as follows:

A parcel of land (Lotxxxx, Block xxxx, Pcs-123456), being a portion of Lots 196-A & B,
Psd-112402-038568, lots 197-B, Psd-112402-032472 & Block 24, Pcs-11-002380, situated in the
Barrio of Dumoy, City of Davao, Island of Mindanao. Bounded as follows: On the NE., along line
6-1 by Lot 8 of Block 7; on the S.E., along line 1-2 by Block 14; on the SW., along lines 2-3-4-5-
6-7-8 by Road Lot 5 (12.50m.wide); along line 8-9 by lot 8 of block 8; on the SE., along 9-10 of
Block 14; on the SW., along line 10-1 by lot 8; on the NW., along 1-2 by lot 5 of block 7, all of
the conso-subd. Plan. Beginning at a point marked “1”. On plan being S. 46 deg. 13’W., 432.95
m. from BBM 4, Cad-102 xxx