ACKNOWLEDGMENT RECEIPT

KNOW ALL MEN BY THESE PRESENTS:

That M.A.L. DOCUMENTATION SERVICES a private business, duly
organized and existing under and by virtue of the laws of the Republic of the
Philippines with principal office address with office address at Champaca St., San
Vicente, Tarlac City, herein represented by the owner, MICHAEL
ALCANTARA LUMBOY do hereby acknowledged receipt from RYAN PEREZ
represented by ARCHIE PEREZ TEOPACO the sum of FORTY THOUSAND
PESOS (PHP40,000.00) Philippine currency representing partial payment for
Transfer of Title covered by KATIBAYAN NG ORIHINAL NA TITULO BLG.
CARP2017000179;

The remaining balance is SEVENTY THOUSAND PESOS

(PHP70,000.00) Philippine Currency.

IN WITNESS WHEREOF, WE have hereunto set our hand this

_____________________________________ at Tarlac City, Philippines.

M.A.L. DOCUMENTATION SERVICES

Represented by:

MICHAEL A. LUMBOY

ARCHIE PEREZ TEOPACO

Signature

SIGNED IN THE PRESENCE OF:

1.___________________________ 2.___________________________