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REPUBLIC OF THE PHILIPPINES    )
PROVINCE OF KALINGA            ) S.S.
MUNICIPALITY OF TABUK          )


                              ACKNOWLEDGEMENT RECEIPT

       I, _____________, of legal age, married to ___________________,
Filipino Citizen and a resident of ___________________, hereby authorized by
Andres Garcia under Special Power of Attorney executed by Atty.
_________________ Notary Public and entered in Doc. No: 483 , Page No. 97;
Book No. 6 ; Series of 2005 to use and offer as a collateral the property covered
by Transfer Certificate of Title No. T-16928 in the name of Andres Garcia
containing an area of Two Hundred Forty Five (245) Square Meters situated at
__________________(address) to __________________________________
Association Inc., with a loan in the amount of _____________________
Philippine Currency with a Monthly Interest of Five Percent (5%f) beginning for
the month of _____________(date) until the Principal amount will return from
the Association.

      IN WITNESS WHEREOF, we hereunto set my hand this _______ day of
_____________, 2005 at Tabuk, Kalinga, Philippines.


BY ________________


__________________________                  _________________________

     (President)                           (Borrower)


 ____________________________
     (Treasurer)

SIGNED IN THE PRESENCE OF:

_______________________________            _________________________


      SUBSCRIBED AND SWORN TO before me this ________ day January, 2005 at
Bulanao, Tabuk, Kalinga.

DOC NO. _______
PAGE NO. ______
BOOK NO. ______
SERIES 2005

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Acknowledgement of receipt

  • 1. REPUBLIC OF THE PHILIPPINES ) PROVINCE OF KALINGA ) S.S. MUNICIPALITY OF TABUK ) ACKNOWLEDGEMENT RECEIPT I, _____________, of legal age, married to ___________________, Filipino Citizen and a resident of ___________________, hereby authorized by Andres Garcia under Special Power of Attorney executed by Atty. _________________ Notary Public and entered in Doc. No: 483 , Page No. 97; Book No. 6 ; Series of 2005 to use and offer as a collateral the property covered by Transfer Certificate of Title No. T-16928 in the name of Andres Garcia containing an area of Two Hundred Forty Five (245) Square Meters situated at __________________(address) to __________________________________ Association Inc., with a loan in the amount of _____________________ Philippine Currency with a Monthly Interest of Five Percent (5%f) beginning for the month of _____________(date) until the Principal amount will return from the Association. IN WITNESS WHEREOF, we hereunto set my hand this _______ day of _____________, 2005 at Tabuk, Kalinga, Philippines. BY ________________ __________________________ _________________________ (President) (Borrower) ____________________________ (Treasurer) SIGNED IN THE PRESENCE OF: _______________________________ _________________________ SUBSCRIBED AND SWORN TO before me this ________ day January, 2005 at Bulanao, Tabuk, Kalinga. DOC NO. _______ PAGE NO. ______ BOOK NO. ______ SERIES 2005