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ACKNOWLEDGEMENT RECEIPT

Received from ROLANDO M. BANDILLA, JR. (hereinafter the


Seller) in full, the amount of Seven Hundred Thousand Pesos
(P700,000.00) Philippine Currency, representing the payment of:

The remaining balance of the P2, 400,000.00, the consideration price of the
Two-Storey Beach House Resort situated in Brgy.. Bignay I, Municipality of Sariaya.

Received by:

JESUS J. PULLENTE
Buyer

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