Classification: Internal Use

SPECIAL POWER OF ATTORNEY

KNOW ALL MEN BY THESE PRESENTS:

WE, Spouses Policarpio Rizal of legal age, with residence and postal address
_____________________________and is an Overseas Filipino Worker in Jubail, Kingdom of Saudi Arabia, do
hereby appoint, and contribute Maria Rizal of legal age, Filipino, with residence and postal address at
________________________, as our true and lawful ATTORNEY –IN-FACT for and in our place, stead and
behalf, to do any and/ or all of the following acts:

1. To purchase from ________________________a residential lot, with or without Improvements there on,
specially identified as block _______________________ of the ________________Subdivision located at
_____________________ presently covered by Transfer Certificate of Title (TCT/Original Certificate of Title)
No. ___________, and registered in the name of the Seller/Developer. Particularly described as follows:

TCT No. _________

(Hereinafter referred to as the “Subject Property”

2. To do and perform any and all acts necessary and/or desirable to effect the purchase of the Subject
Property, including, but not limited to the following acts:

a) To negotiate and/or agree to the terms and conditions of the purchase and other matters
relating thereto. and choose as well decide on the details/particulars of the Subject Property;
b) To enter, execute, sign and deliver all contracts and agreements, including but not limited to
the Reservation Agreement. Contract to Sell, Deed of Absolute Sale, and other documents.
papers pertinent to the purchase of the Subject Proper";
c) To make payments relative to the purchase of the Subject Property;
d) To change, replace the Subject Property originally or previously chosen/reserved, if necessary
under the circumstances;
e) To withdraw from or cancel any and all agreements/contracts related to the purchase of the
Subject Property, whether entered into by us or on our behalf. And receive refunds or any
other amount (s) due to us. whether in the form of cash or check issued in our names or in
the name of our ATTORNEY-IN-FACT;
f) To receive originals or copies of the documents relative to the purchase of the Subject
Property, such as, but not limited to Reservation Agreement. Contract to Sell and Deed of
Absolute Sale. As well as any and all documents involving or affecting the Subject Property.
Such as, but not limited to title, tax declaration and receipts or clearances:
g) To receive any and all communications. Notices, memos. letters and demands from the
Seller/Developer addressed to us or to our ATTORNEY-IN-FACT in relation to the purchase
of the Subject Property;
h) To receive the key to the unit (if any) and sign the relevant documents acknowledging
receipt of the Subject Property, in good and proper condition for the purpose of absolving
the Seller/Developer, as the case may be. from any liability with respect to the Subject
Property;
i) To process applications for installation and connection of utilities in the Subject Property.
such as, electrical utilities from Manila Electric Company (MERALCO), water, telephone,
cable and other utilities from pertinent service providers with the authority to sign, execute,
deliver and receive all documents and to do all acts necessary and in connection thereto,
including the right to receive refunds from MERALCO and/or other service providers. if any;
and
j) To do all acts necessary for the accomplishment of the foregoing acts and authorities.

3 To apply for. negotiate and obtain a loan from __________ or financial institution to partially or

4 fully finance our purchase of the Subject Property in the amount of PESOS: ________________
(Php ______) or in such amount(s) that may be approved by the Bank and/or the

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Classification: Internal Use

Seller/Developer and to constitute, encumber and convey the Subject Property in favor of the Bank,
as a security for the payment of the said loan under such terms and conditions as our said
ATTORNEY-IN-FACT may deem beneficial and Convenient, with the authority to do the following:

a) To sign, execute, deliver documents, contracts or agreements in connection the loan

obtained from _______such as, but not limited.
b) To. Promissory note/s, Loan of Real Estate Mortgage and Letter of Guaranty;
c) To receive for and our behalf, of the loan from ________
and if necessary, to assign thC the loan in favor of the Seller/Developer and to sign, execute
and deliver all documents relative to the said assignment of loan proceeds;
d) To encash, or negotiate the checks that may be issued by Seller/Developer connection with
the said loan;
e) To receive for and our behalf, any and all documents, notices. communications and
legal/court processes related the afore-said loan, Including the owners duplicate copy of the
title to the Subject Property full payment of the loan:
f) To compromise, settle and agree on any matters, judicially or extra-judicially, in concerning
the loan extended to us by ________and/or the Seller/Developer
g) and secured by the Subject Property; and
h) To do and perform any and all acts necessary to accomplish the foregoing acts and
authorities
5 To sell, mortgage, pledge, lease or otherwise dispose the Subject Property, in whole or in part, to any
person or entity, subject to the terms. conditions and restrictions of the Seller/Developer and/or
________________

HEREBY GIVING AND GRANTING unto our said ATTORNEY-IN-FACT full powers and authority to do and
perform all or any act requisite necessary to carry into effect the foregoing authorities, as fully to all intents
and purposes as we might could lawfully do, if personally present and acting in person, and HEREBY
RATIFYING AND CONFIRMING all that our said ATTORNEY-INFACT may also do or cause to be done
under and by virtue of these presents.

IN WITNESS WHEREOF, we have hereunto affix our signatures at Consular Section of the Philippine Embassy
in Riyadh, Kingdom of Saudi Arabia.

Policarpio Rizal

Signature Principal Buyer

ACCEPTED BY:

(Attorney-in-Fact)

SIGNED IN THE PRESENCE OF:

Witness Witness

(Name and signature) (Name and signature)

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