ACKNOWLEDGMENT RECEIPT

Received from JOHNREM E. TORRES, the amount of TWO

HUNDRED THOUSAND PESOS (Php 200,000.00), Philippine Currency,
representing partial payment for the sale of a motor vehicle particularly
described as:

MV FILE NO.: 0604-00000167633 BODY TYPE: WAGON

MAKE: FORD YEAR MODEL: 2010
ENGINE NO.: WLAT1134169 CHASSIS NO.: MNCLS4D109W304106
SERIES: NEW EVEREST 4X2 PLATE NO.: FGY522

Done this 27th day of December 2020 in Sibulan, Negros Oriental.

Received by:

CHASTIN MUTYA M. ROTEA

Signed in the presence of:

1. LESTER VAN R. EBOL 2. ALAN M. JABONILLO