ACKNOWLEDGMENT RECEIPT

That we, HEIRS OF REYNALDO AGUILUCHO, namely: ISABEL M. AGUILUCHO, Filipino,

of legal age, widow, with residence address at in Sapul, Calapan City, Oriental Mindoro;
LEONILA M. AGUILUCHO, of legal age, Filipino, and a resident of Blk 15, Lot 44, Jasper St.,
Newton Heights, San Francisco, Biñan City, Laguna, hereby acknowledge the receipt of
TWO MILLION PESOS (P 2,000,000.00), and we concurred to issue the name of LEONILA M.
AGUILUCHO as FULL PAYMENT, for the purchase of a parcel of land with an area of (11,
130 SQM) more or less, situated at Sapul, Calapan City, Oriental Mindoro, covered by
TCT No. T-100719, together with all items present therein, from SAPULVILLE ENTERPRISES
CORP., hereby represented by its President , JOSEPHINE A. TIU, buyer, a domestic
corporation, with principal address at Sapul, Calapan City, Oriental Mindoro. The subject
property described as:

TRANSFER CERTIFICATE OF TTLE NO. T-100719

A parcel of land (Lot 987-A-4 of the subdivision plan, Psd -045205-064473,

being a portion of H. 121130, Lot 987-A, Bsd-10359, L.R.C Rec. No.), situated
in the Barangay of Sapul. Bounded on the N., along line 1-2 by Lot 994
Calapan Cadastre; on the NE., along line 2-3 by Lot 987-A-3, of the subd.
Plan; on the SW., along line 3-4 by Lot 987-B, Bsd-10359, Lot 4561, Calapan
Cadastre;

CHECK DETAILS ISSUING BANK CHECK # DATE

That the payment of Capital Gains Tax, Estate Tax, Documentary Stamp
Tax, Transfer Tax, processing of the DAR Clearance, NIA fees, and agent’s fee
shall be for the account of the Seller and the taxes in relation to the sale shall be
for the account of the Buyer.

That we guarantee that the property is free from any and all lien/s or
encumbrance/s and untenanted. That we hereby release the Buyer and its
officers and affiliates from any obligation and/or responsibilities in relation to the
said property by virtue of its full payment.

WITNESS OUR SIGNATURES, to acknowledge our conformity and

participation the preparation of this instrument and receipt of the amount
involve this ____ day of ___________ 2019, in ____________________, Philippines.

SELERS

______________________
ISABEL M. AGUILUCHO
TIN ID No.