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CHATTEL MORTGAGE

KNOW ALL MEN BY THESE PRESENTS: I, ( N a me o f M o r t g a g o r ) of legal age, single/married to____________________ with postal address at_____________________________hereinafter known as the MORTGAGOR, and _________________________________ of legal age, single/married to______________________ with postal address at _______________________________ hereinafter known as the MORTGAGEE, witnesseth: That the MORTGAGOR is indebted unto the MORTGAGEE in the sum of (Amount in Words) (000,000.00), Philippine Currency, receipt of which is acknowledged by the MORTGAGOR upon the signing of this instrument, payable within a period of _____ years, with interest thereon at the rate of (___) % per annum; That for, and consideration of , this indebtedness, and to assure the performance of said obligation to pay, the MORTGAGOR hereby conveys by way of CHATTEL MORTGAGE unto the MORTGAGEE, his heirs and assigns, the following personality now in the possession of said MORTGAGOR MAKE SERIES TYPE OF BODY YEAR MODEL : : : : MOTOR NO. SERIAL/CHASSIS NO. PLATE NO. FILE NO. : : : :

That the condition of this obligation is that should the MORTGAGOR perform the obligation to pay the hereinabove cited indebtedness of (Amount in Words) (000,000.00) together with accrued interest thereon, this chattel mortgage shall at once become null and void and of no effect whatsoever,otherwise, it shall remain in full force and effect.

IN WITNESS WHEREOF, the parties have hereunto set their hands, this ____day of ____________ 20___ at ____ Philippines.

_______________________________ MORTGAGOR

_______________________________ MORTGAGEE

IN THE PRESENCE OF: _______________________________ _______________________________

ACKNOWLEDGEMENT

Republic of the Philippines) ________________________ ) S.S BEFORE ME, personally appeared: Name (Name of Mortgagor) (Name of Mortgagee) City Known to me and to me known to be the same persons who executed the foregoing instrument and acknowledged to me that the same is their free and voluntary act and deed. WITNESS MY HAND AND SEAL, on the date and place first above written. CTC Number 10000000 10000000 Date/Place Issued Jan 01, __ / Quezon City Jan 11, __ / Las Pinas

Notary Public Doc. No.______; Page No. ______; Book No.______; Series of 20__.

Note: Chattel mortgages requires an Affidavit of Good Faith attached to it -sample below: AFFIDAVIT OF GOOD FAITH We, the undersigned MORTGAGOR AND MORTGAGEE hereby jointly and severally swear that we executed the foregoingChattel Mortgage in order to secure the indebtedness therein and for no other purpose or purposes contrary to law.

____________________________ MORTGAGOR

_____________________________ MORTGAGEE

REAL ESTATE MORTGAGE KNOW ALL MEN BY THESE PRESENTS: This Real Estate Mortgage made and executed by and between: _________________________, of legal age, Filipino, single / married to ___________________, with residence at ________________________, and hereinafter referred to as the MORTGAGOR, -and_________________________, of legal age, Filipino, single / married to ___________________, with residence at ________________________, and hereinafter referred to as the MORTGAGEE. . WITNESSETH: That WHEREAS, the MORTGAGOR is the absolute and registered owner of a parcel of land situated at ______________________________________, covered by Transfer Certificate of Title No. ____________ of the Registry of Deeds for _________________;

WHEREAS, the MORTGAGOR is indebted to the MORTGAGEE in the principal sum

of _____________________________ (Php__________), Philippine currency, under and by virtue of a Promissory Note (Note) attached herewith and made an integral part hereof as Annex A; WHEREAS, the MORTGAGOR has agreed to secure the payment of the Note to the MORTGAGEE by means of a good and valid mortgage upon the property herein described below; NOW, THEREFORE, for and in consideration of the foregoing premises and as security for payment of the aforesaid obligation, the MORTGAGOR has transferred and conveyed, and by these presents transfer and convey by way of MORTGAGE, unto the MORTGAGEE, his/her heirs, successors or assigns the aforesaid parcel of land [with/without improvements] situated at _________________________________, and more particularly described as follows: TRANSFER CERTIFICATE OF TITLE NO. _____________ Registry of Deeds for ____________________ [Insert technical description here] It is agreed and understood that if at any time the MORTGAGOR shall fail or refuse to

pay the obligations herein secured, or default in any installment(s) and/or amortization(s) of such indebtedness or the principal obligation when due, or to comply with any of the conditions and stipulations herein agreed or in the separate instruments evidencing the obligations hereby secured or shall, during the time this mortgage is in force, institute insolvency, suspension of payment or similar proceedings, or be involuntary declared insolvent or writ of garnishment and/or attachment be issued against any of the assets or income of the MORTGAGOR or if this mortgage cannot be recorded in the Registry of Deeds, then all the obligations of the MORTGAGOR secured by this Mortgage shall immediately become due and payable and defaulted and the MORTGAGEE may immediately foreclose this mortgage judicially, or extra-judicially pursuant to Act No. 3135, as amended. The MORTGAGEE is hereby appointed attorney-in-fact of the MORTGAGOR, with full power and authority to take actual possession of the mortgaged property at once, and to forthwith foreclose this mortgage judicially, or to sell the above-described properties extra-judicially in accordance with Act No. 3135, as amended, and to take such other

action(s) as he may be deem necessary to recover the amount due; and in the event of such judicial or estra-judicial foreclosure or other legal action, the MORTGAGEE shall be entitled to compensation for expenses, attorneys fees and costs of collection, which is stipulated to be twenty five percent (25%) of the indebtedness then unpaid but not less than Php50,000.00. The condition of this mortgage is such that if the MORTGAGOR shall well and truly pay or cause to be paid to the MORTGAGEE the obligation in the principal sum with accrued interest, according to the terms and tenor hereof, then this mortgage shall thereby fully discharged and without further effect; OTHERWISE, it shall remain in full force and effect and shall be enforceable in the manner provided by law. IN WITNESS WHEREOF, the parties have caused these presents to be signed on _____________________, 20____ at _______________________________. __________________________ __________________________ Mortgagor SIGNED IN THE PRESENCE OF: Mortgagee

____________________________ ____________________________ ACKNOWLEDGMENT BEFORE ME, a Notary Public for and in ________________________ this ___________________________, personally came and appeared: Name Competent Evidence of Identity Issued/Validity Period Place

__________________ ________________ ________________________ __________________ ________________ ________________________ __________________ ________________ ________________________ __________________ ________________ ________________________ known to me and to me known to be the same persons who executed the foregoing Real Estate Mortgage and they acknowledged to me that the same is their free and voluntary act and deed. WITNESS MY HAND AND SEAL, at the date and place first above written. Doc. No. ______; Page No. ______; Book No. ______;

Series of ______.

AGREEMENT OF SURETYSHIP 1. I, the undersigned, (identity number, );of physical address,

(hereinafter referred to as the Surety), (which said address the Surety chooses as domcillium citandi et executandi for all purposes arising out of this Suretyship) do hereby bind myself to Vodacom Service Provider Company (Pty) Ltd (registration number 1991/01471/07) and its successors-in-title (the Creditor) as surety for and co-principal debtor in solidum with: (company name) (registration number, ) and its successors-in-title (The Debtor) for the due and

punctual performance and payment by the Debtor of all debts and obligations of whatsoever nature and howsoever arising which the debtor in its own name or any trade name may now or in the future owe to the Creditor, whether such indebtedness occurs during the Lifetime or after the death of the Surety, including the payment of any damages suffered by the Creditor as a result of the failure of the Debtor to fulfill its obligations timeously or at all to the Creditor and further including any claims for loss or damages arising from the cancellation or abandonment of any contracts by the trustee, liquidator, judicial manager or receiver under compromise of the Debtor (all of which debts and obligations are hereinafter referred to as the Debtors obligations). 2. This Agreement of Surety constitutes an annexure to the Network Services Agreement (the Agreement) between Vodacom Service

Provider Company (Pty) Ltd and the Debtor. Save where indicated to the contrary, all words and expressions herein shall bear the meanings assigned to them under the Network Services agreement entered into by the Debtor and the Creditor, if applicable. 3. The Suretys liability under this suretyship shall be unlimited. 4. The rights of the Creditor under this suretyship shall not be affected or diminished if the Creditor at any time obtains additional suretyships, guarantees, securities or indemnities in connection with the Debtors obligations. The Surety shall be bound by all admissions or acknowledgements of indebtedness made or given by the Debtor to the Creditor from time to time. The Surety agrees and declares that it shall always be in the Creditors sole and absolute discretion to determine the extent, nature and duration of the facilities and terms to be allowed to the Debtor. 5. The Creditor shall be entitled, whether before or after the due date for payment or performance of the Debtors obligations, without reference or notification to the Surety, without affecting its rights hereunder and without releasing the Surety hereunder, to release other sureties and securities; to grant the Debtor extensions of time for payment and other indulgencies; to compound or to make any other arrangements with the Debtor for the discharge in the Debtors obligations; to accept any dividend in a liquidation or judicial arrangement on account and in reduction of the Debtors obligations; to alter or vary any present or future agreement between the Debtor and the Creditor. 6. This suretyship is a continuing suretyship and shall remain in full force and effect notwithstanding the fluctuation in, or temporary extinction of, the Debtors indebtedness to the Creditor. This suretyship may only be withdrawn, revoked or cancelled in writing by the Creditor.

7. As collateral security for the Suretys obligations in terms hereof, the Surety hereby cedes, assigns and makes over to the Creditor all claims of whatsoever nature the Surety now has, or in the future may have, against the Debtor, and the Surety undertakes not to make any claim against the Debtor or prove or seek to prove a claim against the Debtor or its insolvent estate until all the Debtors obligations to the Creditor have been discharged in full. 8. The Surety hereby expressly renounces the defence of prescription and the benefits of the legal exceptions of order, excussion, division, cession of action, no value received, non causa debiti and all or any exceptions which could or might be pleaded to any claim by the creditor against the Surety declaring himself / herself to be fully acquainted with meaning and effect of all such exceptions. 9. For the purpose of any action against the Surety or this suretyship, a certificate under the signature of any director or authorized representative of the Creditor (whose appointment it shall not be necessary to prove) as to the amount owing by the Debtor and the Surety to the Creditor and as to the fact that the due date for the discharge of the Debtors obligations and/or the Suretys obligations hereunder has arrived shall be sufficient and satisfactory proof of the facts therein stated until the contrary shall have been proved. 10. The Surety shall be responsible for all charges and expenses of whatsoever nature incurred by the Creditor in securing the implementation of the Debtors obligations or of the rights of the Creditor in terms hereof, including, without limitation by virtue of the aforegoing, all legal costs incurred on the attorney and client scale and collection commission. 11. The Surety further binds himself / herself as Surety for and co-principal debtor in solidum with the Debtor to any party to whom the Creditor may cede and/or assign any or all of its rights in respect of the Debtors obligations, or any part thereof and declares that the

terms and conditions set out herein shall in such events mutatis mutandis apply. 12. The Surety hereby agrees that this suretyship shall be construed, enforced and performed in accordance with the laws of the Republic of South Africa. The Surety hereby consents to the jurisdiction of the Supreme Court of South Africa (Gauteng Provincial Division) in respect of any action taken by the Creditor in terms of this suretyship. SIGNED ON THIS DAY OF 200

SURETY

WITNESS D

WITNESS