WAIVER OF RIGHTS

KNOW ALL MEN BY THESE PRESENTS:

I, ROSALINA ECOM, of legal age, Filipino citizen, widow, and a resident
of Loakan Proper, Baguio City. I am the owner of that certain parcel of land
covered and embraced under ASSESSMENT REAL PROPERTY No. 2006-06-
017-53692, with an area of TWO THOUSAND NINE HUNDRED FOURTEEN
92,914) SQUARE METERS more of less, located at Loakan-Liwanag, Baguio
City and particularly bounded as follows:

NORTH : ASS. LOT NO. L001 SOUTH: ASS. LOT NO. L049
EAST : ASS. LOT NO. L049 WEST : ASS. LOT NO. L001



I hereby WAIVE, TRANSFER and CEDE a portion with an aggregate
area of SEVENTY FIVE (75) SQUARE METERS more or less, particularly
described in Tax Declaration hereto attached and marked as Annex A and
made part of this document, unto JOSEFA URMAZA, of legal age, married,
Filipino Citizen with residence and postal address at Maridith, Loakan, Baguio
City, all my rights and participation over the aforementioned property
pertaining to the 75 square meters, she being related to me by consanguinity;


For and in consideration of the foregoing premises, I, the said OWNER,
have transferred, released, assigned and waived, and by these presents, do
hereby WAIVE, without warranty of any nature or kind, unto and in favor of
the said JOSEFA URMAZA, her heirs and assigns, all my rights and interests,
which I have over the above-described (portion) parcel of land; and

By virtue of this WAIVER, among other rights appurtenant thereto, he
may apply for ELECTRICITY CONNECTION with the concerned agency.

I have freely and voluntarily executed this WAIVER without anyone
coercing and influencing me.


IN WITNESS WHEREOF, I have hereunto set my hand this___th day of
_________________, 20____, at _________________________, Philippines.



ROSALINA ECOM
Waivor
CTC. No. ______________
Issued on: _____________
Issued at: _____________

Conforme:


JOSEFA URMAZA
Waivee
Signed in the Presence of:

__________________________ _______________________



ACKNOWLEDGEMENT

Before me a notary public this ____day of _________________, 20___ at
____________________________________, Philippines appeared the aforementioned
party with her Community Tax Certificate number indicated below her name
and represented herself to me to be the same person who executed the
foregoing instrument and she acknowledge to me that the same is her
voluntary act and deed.


This instrument, which refers to a WAIVER OF RIGHTS, consisting of
TWO (2) pages, including this page whereon this acknowledgement is written,
has been signed in my presence on each and every page thereof by the party
and his witnesses, and sealed with my notarial seal.


WITNESS MY HAND AND SEAL this ____day of _________________20___,
at ______________________________________, Philippines.




Doc. No. ______;
Page No. ______;
Book No. ______;
Series of 20____.









ROSALINA ECOM
Waivor


Witnesses:


__________________ ___________________