ACKNOWLEDGMENT RECEIPT

WE, Sps. LORETO PASALO and CRISTINA HUGO married, Filipinos and residents of Dagupan City acknowledged having received the amount of ONE HUNDRED FORTY FIVE THOUSAND SEVEN HUNDRED PESOS ONLY (P 145,700.00) Philippine currency, from ZALDY VINLUAN also of legal age, Filipino and a resident of San Jose, San Jacinto, Pangasinan regarding the sale of land with an area of 461 SQUARE METERS, more or less covered by Tax Declaration Number _____________________.

IN WITNESS WHEREOF, we have hereunto set our hands this day of _________ 2011 at Dagupan City, Philippines. LORETO PASALO Vendor CTC NO. Issued on Issued at

WITNESS: _______________________________

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