KNOW ALL MEN BY THESE PRESENTS:

This ANTICHRESIS CONTRACT is made and executed at the City of Baguio, this 13th
day of August, 2016, by and between:

Donna Grace Casuga, of legal age, single, Filipino, and with residence and postal
address at 17 RM Building, Private Road Magsaysay Avenue, Baguio City, 2600
hereinafter referred to as the DEBTOR.

-AND-

TOTOY BIBO, of legal age and with residence and postal address at AE-093
CENTRAL BUYAGAN, LA TRINIDAD, BENGUET, 2601, hereinafter referred to as
the CREDITOR.

WITNESSETH; That

WHEREAS, the DEBTOR is the owner of a residential property situated at UNIT 302,
Jewel Igorot Building, Km. 4, La Trinidad, Benguet;

WHEREAS, the CREDITOR acquires the right to receive the fruits of this property of his
debtor, with the obligation to apply them to the payment of the interest, if owing, and
thereafter to the principal of his credit.

NOW THEREFORE, for and in consideration of the foregoing premises, the DEBTOR and
CREDITOR hereby accepts this arrangement subject to the following:

PRINCIPAL: Below are the PRINCIPAL amounts owed by debtor to the corresponding
creditor respectively, P1, 500,000.00 (ONE MILLION FIVE HUNDRED PESOS).

ANNUAL INTEREST:
Shall be 5% of the principal amount.
CREDITORS RIGHT OF ENTRY OR ABODE:
The CREDITOR has the right of entry or to live in this property with or without consent
of the DEBTOR unless CREDITOR has been fully paid by the DEBTOR.

CONTRACT CHANGES OR EXPIRY:

The stipulations of this contract shall only expire or be changed upon mutual written
agreement of both contracting parties.

This contract of Antichresis shall be valid and binding between the parties, their
successors-in-interest, and assigns.

IN WITNESS WHEREOF, parties herein affixed their signatures on the date and place
above written.

DONNA GRACE CASUGA TOTOY BIBO

Signed in the presence of:

JAMESRUSS CASTANEDA LEANNE NOELLE MALLARI

ACKNOWLEDGEMENT

Republic of the Philippines

Municipality of La Trinidad S.S

BEFORE ME, personally appeared:

Name CTC Number Date/Place Issued

ANNIE BATUNGBAKAL 10308090 May 07, 2015/ Baguio City
TOTOY BIBO 18009060 May 08, 2016/ La Trinidad

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.

This instrument consisting of 3 page/s, including the page on which this

acknowledgement is written, has been signed on each and every page thereof by the
concerned parties and their witnesses, and sealed with my notarial seal.

WITNESS MY HAND AND SEAL, on the date and place first above written.

Notary Public

Doc. No. 5;
Page No. 3;
Book No. 45;
Series of 2016.