CHATTEL MORTGAGE

KNOW ALL MEN BY THESE PRESENTS:

We, Donna Grace Casuga, Filipino citizens, of legal age, married to Jan
Konztantin Aspiras, with residence at Jewel Igorot Building, Km. 4, La
Trinidad, Benguet hereinafter known as the MORTGAGOR, and Leanne Noelle
Mallari, Filipino citizen, of legal age, single, with residence AE-093 Central
Buyagan, La Trinidad, Benguet hereinafter known as the MORTGAGEE,

WITNESSETH:

That the MORTGAGOR is indebted unto the MORTGAGEE in the sum of ONE
MILLION FIVE HUNDRED PESOS (Php 1,500,000.00), Philippine currency,
receipt of which is acknowledged by the MORTGAGOR upon the signing of this
instrument, payable within a period of eight years, with interest thereon at the
rate of five (5%) per centum, per annum;

That for, and consideration of, this indebtedness, and to assure the
performance of said obligation to pay, the MORTGAGOR hereby conveys by way of
CHATTEL MORTGAGE unto the MORTGAGEE, his heirs and assigns, the following
personality now in the possession of said MORTGAGOR:

(Description)

That the condition of this obligation is that should the MORTGAGOR perform
the obligation to pay the hereinabove-cited indebtedness of one million five
hundred pesos, together with accrued interest thereon, this chattel mortgage shall
at once become null and void and of no effect whatsoever, otherwise, it shall
remain in full force and effect.

IN WITNESS WHEREOF, the parties have hereunto set their hands, this 27 th
day of February, 2016 at Baguio, Philippines.

___________________ _____________________
Donna Grace Casuga Leanne Noelle Mallari

SIGNED IN THE PRESENCE OF:

___________________ ___________________
Jamesruss Castaneda Vincent Patrick Ancheta
ACKNOWLEDGEMENT

Republic of the Philippines)

Municipality of La Trinidad )S.S

BEFORE ME, personally appeared:

Name CTC Number Date/Place Issued

DONNA GRACE CASUGA 10308090 May 01, 2016/ Baguio City
LEANNE NOELLE MALLARI 18007060 May 02, 2016/ Baguio City

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.

Doc. No: 8; MARK JOHN B. ARROYO

Page No: 2; Notary Public
Book No. I; Until December 31, 2020
Series of 2016. PTR: 4502255, 01-14-09, O.C.
IBP: 764481, 1-09-09, O.C.
ROLL No. 19845
 AFFIDAVIT OF GOOD FAITH

WE, the undersigned MORTGAGOR and MORTGAGEE hereby jointly and

severally swear that we executed the foregoing Chattel Mortgage in order to secure
the indebtedness therein specified and for no other purpose or purposes contrary to
law.

_______________________ _______________________
Donna Grace Casuga Leanne Noelle Mallari

REPUBLIC OF THE PHILIPPINES )

CITY OF BAGUIO )S.S.

SUBSCRIBED AND SWORN to before me this 27 th day of April, 2016 at

Baguio City, personally appeared Donna Grace Casuga, with CTC NO. 10308090
issued on May 05, 2016 issued at Baguio City, known to me to be the same person
who executed the foregoing instrument and acknowledged to me that the same is
her/her free act and voluntary deed.

WITNESS MY HAND AND SEAL.

Doc. No: 8; MARK JOHN B. ARROYO

Page No: 3; Notary Public
Book No. I; Until December 31, 2020
Series of 2016. PTR: 4502255, 01-14-09, O.C.
IBP: 764481, 1-09-09, O.C.
ROLL No. 19845