WAIVER OF RIGHTS

KNOW ALL MEN BY THESE PRESENTS:

We, spouses SANTOS BALBINES and LAURA BALBINES , both of legal
age, Filipino citizens, and with residence at Tinongdan Proper, Tinongdan,
Itogon, Benguet. We are the owner of that certain parcel of land covered by
virtue of Nature Title consisting of THREE (3) rice paddies with an
approximate area of ONE THOUSAND (1,000) SQUARE METERS, more or less
located at Dalupirip Proper, Dalupirip, Itogon, Benguet;


We hereby WAIVE, TRANSFER and CEDE the said parcel of land more
or less particularly described in an sketched plan hereto attached and made
part of this document and marked as Annex A, unto FELIPA SWENS married
to John P. E. Swens , of legal age, , Filipino Citizen with residence and postal
address at Dalupirip, Itogon, Benguet, all our rights and participation over the
aforementioned property, she is being related to us by consanguinity;


For and in consideration of the foregoing premises, we, 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 FELIPA B. SWENS, her heirs and assigns, all our rights
and interests, which we have over the above-described parcel of land; and


We have freely and voluntarily executed this WAIVER without anyone
coercing and influencing us.


IN WITNESS WHEREOF, We have hereunto set our hand this___th day
of December 2009 in La Trinidad, Benguet, Philippines.



_____________________________ _________________________
SANTOS BALBINES LAURA BALBINES
WAIVOR WAIVOR
CTC. No. ___________________ _________________________
Issued on: ___________________ _________________________
Issued at: ___________________ _________________________


Conforme:


FELIPA SWENS
WAIVEE
CTC No: ____________________
Issued On: ____________________
Issued At: ____________________

Signed in the Presence of:

__________________________ _______________________



ACKNOWLEDGEMENT

Before me a notary public this ____day of December 2009 at La Trinidad,
Benguet, Philippines appeared the aforementioned parties with his Community
Tax Certificate number indicated below their name and represented himself to
me to be the same parties who executed the foregoing instrument and they
acknowledge to me that the same is there voluntary act and deed.


This instrument, which refers to a WAIVER OF RIGHTS regarding a
certain parcel of land, 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 parties and their witnesses, and sealed with
my notarial seal.

WITNESS MY HAND AND SEAL this ____day of December 2009, at La
Trinidad Benguet, Philippines.



Doc. No. ______; MODESTO ANDONG
Page No. ______; Notary Public
Book No. II; Until December 31, 2009
Series of 2009. PTR. No. 2267246 1/9/2009
IBP. No. 767483 1/9/2009
Roll No. 31289: 5-15-81: MANILA
MCLE COMPLIANCE No. II-0007310:
III-206321
La Trinidad, Benguet



__________________________ _______________________
Waivor Waivor





Witnesses:


__________________ ___________________