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REPUBLIC OF THE PHILIPPINES) ) S. S.

AFFIDAVIT (Mortgagee Bank) I, ______________________________, of legal age, Filipino single/married, with residence and postal address at ___________________________________ after being sworn to in accordance with law hereby depose and say:

1. That I am the _________________________ of the China Banking Corporation, a Banking/Financial Institution, which has secured the mortgage of real estate property known as ________________________, with an area of ____________________ sq. m., situated at ________________________________, and covered by Transfer of Certificate of Title (TCT) No. __________of the Registry of Deeds for ______________, which presently develop as ______________________________;
2. That the loan value of the aforementioned property is covered by mortgage amounting to __________________________________; 3. That this Bank/Financing institution shall accept direct payments made by the lot/unit buyers to be applied to the mortgage indebtedness of the corresponding lot/unit and full payment thereof. To release the individual title thereat; 4. That this Bank/Financing institution shall notify, the Housing and Land Use Regulatory Board in case of the Mortgagors default to pay or settle his account or obligation; 5. That in case of an additional loan on the same project or a restructuring of loan, this Bank/Financing institution will cause the mortgagor to have his previous loan in current form; 6. That this Bank/Financing institution, will not accept the lot subject of Mortgage as collateral for any other loan pending settlement of the Mortgagors account; 7. That as an authorized officer of the above-mentioned mortgagee bank, I hereby undertake to partially release/cancel the mortgagee of fully paid lot(s) and unit(s) in said subdivision project, notwithstanding the nonpayment yet of the total mortgage loan incurred by the mortgagor; 8. This without prejudice to the release of the entire real property mortgaged upon full payment of the loan account; 9. That I am executing this Affidavit for and in behalf of the Bank/Financing institution attesting to the facts stated herein, in order to comply with the requirements of the HLURB and for all legal intent and purposes. AFFIANT FURTHER SAYS NOTHING.

_____________________ Affiant SUBSCRIBED AND SWORN to before met this______day of _______________, 2011. Affiant exhibiting before me his/her Residence Certificate No. __________ issued at _______________on _______________. Notary Public

Doc. No. _________ Page No. _________ Book No. _________ Series of 2011

REPUBLIC OF THE PHILIPPINES)

) S. S.

AFFIDAVIT

I, JOHNSON Q. ONG, of legal age, Filipino single/married, with office address at Kingsville Commercial Arcade, Marcos Highway, Mayamot, Antipolo, City after being sworn to in accordance with law hereby depose and say:

1. That I am the President of Kingsville Construction and Development Corp., a corporation duly organized, with office address at aforementioned: 2. That Kingsville Construction and Development Corp., is the registered owner of real estate property identified as Lot 1 Blk. 43, Pcs-04-011023, with an area of 10,398 sq. m., and covered by Transfer of Certificate of Title (TCT) No. 297745 which was developed as Forest Hills Residential Estate Ph. I-F situated at Brgy. Inarawan, Antipolo City;
3. The said property is mortgaged with China Banking Corporation; 4. That I shall notify the lot buyer of the said mortgage loan and that they shall be allowed to make direct payments to the mortgagee in the event that I default in my amortization to enable the said buyers to obtain title on the lot promptly after full payment thereof; 5. That I am executing this Affidavit for and in behalf of the abovementioned corporation attesting to the facts stated herein, in order to comply with the requirements of the HLURB and for all legal intent and purposes. AFFIANT FURTHER SAYS NOTHING.

JOHNSON Q. ONG Affiant

SUBSCRIBED AND SWORN to before met this______day of _______________, 20___. Affiant exhibiting before me his/her Residence Certificate No. __________ issued at _______________on _______________. Notary Public Doc. No. _________ Page No. _________ Book No. _________ Series of 2009

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