REAL ESTATE MORTGAGE

KNOW ALL MEN BY THESE PRESENTS: This REAL ESTATE MORTGAGE, made and executed by and between: JESUS S. SANTOS, Filipino, of legal age, single with residence and post-office address at 555 Muralla St., Intramuros, Manila, herein called the MORTGAGOR; and LUZVIMINDA B. TORRES, Filipino, of legal age, single with residence and post-office address at 888 G. Tuazon St., Sampaloc, Manila, herein called the MORTGAGEE WITNESSETH: 1. That the MORTGAGOR does hereby convey by way of REAL ESTATE MORTGAGE unto the MORTGAGEE the following described real property, situated in Manila, together with all the improvements, to wit: A parcel of land (Lot 3, Block 1 of the subdivision plan (LRC) Psd-11111, being a portion of Lot 1-B, described on plan Psd-12222, LRC (GLRO) Rec. No. (NA), situated in the Barrio of Bomber, District of Sampaloc, City of Manila. Bounded on the N., points 1 to 2 by Lot 1, Block 1; on the E., points 2 to 3 by Road Lot; on the S., points 3 to 4 by Lot 5; and on the W., points 4 to 5 by Lot 6; points 5 to 6 by Lot 4; and points 6 to 1 by Lot 2, all of Block 1, all of the subdivision plan. Beginning at a oint marked 1 on the plan, being N. 14 deg. 20 E., 53.29 m. from Mon. #1, Dist. of Sampaloc, City of Manila, thence N. 87 deg. 09E., 13.88 m. to point 2; thence S. 3 deg. 14 E., 17.64 m. to point 3; thence S. 88 deg. 01 W., 13.88 m. to point 4; thence N. 2 deg. 48 W., 2.45 m. to point 5; thence N. 4 deg. 05 W., 8.43 m. to point 6; thence N. 2 deg. 17 W., 6.55 m. to the point of beginning; containing an area of TWO HUNDRED AND FORTY-THREE (243) square meters, more or less. All points referred to are indicated on the plan and are marked on the ground by P.S. cyl. conc. mons. 15x60 cm.s; bearings true, date of the original survey, December 17, 1908 & February 14-17, 1966. xxx xxx xxx Bounded on the S. along line 1-2 by Lot 1513; on the W., along lines 2-3-4-5-6 by Lot 1486; on the N., along lines 7-8-9 by Lot 1476 and on the E., along line 9-1 by Lot 1488, all Cad-D, Manila Cadastre. xxx xxx xxx of which real property the MORTGAGOR is the registered owner as evidenced by Original/Transfer Certificate of Title No. 1234567 of the Registry of Deeds of Manila; 2. That this REAL ESTATE MORTGAGE is given as security for the payment to the MORTGAGEE of a LOAN dated January 13, 2014 for the sum of ONE MILLION PHILIPPINE PESOS (Php 1,000,000.00). PROVIDED, HOWEVER, that if said JESUS S. SANTOS shall pay or cause to be paid to said LUZVIMINDA B. TORRES, her heirs or assigns, the said sum within the period of three (3) years from and after the execution of this MORTGAGE together with the interest thereon at the rate of three percentum (3%) per annum, this MORTGAGE shall be discharged and of no effect; OTHERWISE, it shall remain in full force and effect and shall be enforceable in the manner provided for by law.

IN WITNESS WHEREOF, these presents are signed at the City of Manila, Philippines, on this 16th day of January, 2014. ______________________ JESUS S. SANTOS Mortgagor SIGNED IN THE PRESENCE OF: __________________________ WITNESS __________________________ WITNESS _______________________ LUZVIMINDA B. TORRES Mortgagee

ACKNOWLEDGEMENT Republic of the Philippines) City of Manila )S.S BEFORE ME, this 16th day of January, 2014 in the City of Manila, personally appeared: JESUS S. SANTOS, with CTC No. 98764578 issued on January 3, 2014 at the City of Manila and Passport No. 9834678 issued by the Department of Foreign Affairs Manila on May 5, 2012; and LUZVIMINDA B. TORRES, with CTC No.23489765 issued on January 6, 2014 at the City of Manila and Drivers License No. N25-9874345 issued by the Land Transportation Office on July 8, 2012; who are personally known to me and to me known to be the same persons who executed the foregoing document and exhibited to me the above Community Tax Certificates; and were identified by me through competent evidence of identity, to be the same persons in the foregoing document who exhibited to me the above IDs. It was acknowledged to me that the execution of this document is the free and voluntary act and deed of said persons. The foregoing document is a REAL ESTATE MORTGAGE CONTRACT which consists of two (2) pages including the page whereon this Acknowledgement is written. This Acknowledgement forms an integral part of the said document. WITNESS MY HAND AND SEAL this 16th day of January, 2014, in the City of Manila, Philippines.

Atty. Juan C. Reyes Notary Public for Manila

Unit 8, Zen Building, San Miguel, Manila Appointment No. 118, until December 31, 2014 IBP No. 123456; 01/10/10 Manila PTR No. 1234567; 01/10/10 Manila Roll No. 12345; 5/05/05 MCLE No. I 098746; 09/09/09 MCLE No. II 009875; 09/09/09 Series No. of Commission M-888

Doc No. 1; Page No. 1; Book No. I; Series of 2014.