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(SPA - To Process V.O.S.

of Landholding under CARP - Long Form)

SPECIAL POWER OF ATTORNEY

KNOW ALL MEN BY THESE PRESENTS:

That I, __Principal__, of legal age, Filipino, (single / married / widow), and a


resident of _____________, Philippines, do hereby appoint, name, and constitute
__Attorney-in-Fact__, also of legal age, Filipino, (single / married / widow), and a
resident of _____________, Philippines, to be my true and lawful Attorney-in-fact, for
me and in my name and stead, for my use and benefit, to do and perform all or any
of the following acts, deeds, and things, to wit:

1. To conduct the necessary negotiations, with the concerned office/s of the


Land Bank of the Philippines for the transfer to the farmer-beneficiaries and
payment/s settlement due me of my share in an agricultural land covered
by Transfer Certificates of Title No. _____________ of the Register of
Deeds of the _____________ in accordance with the provision of Presidential
Decree No. 27, Executive Order No. 229 and Republic Act No. 6657;

2. To collect and receive any or all of the following in accordance with the
existing laws, policies, rules and regulations of the Land Bank:

2.1. Settlement / compensation in cash and/or in bonds or other


securities due me under Claim No. _____________ involving the
above-mentioned real property;

2.2. Bond redemption proceeds;

2.3. Bond interest payments;


2.4. Land Bank issued or hereinafter will be issued in my name as a
result of approved request for bond transfer assignment,
conversion, or exchange;

2.5. Land Bank bonds issued or hereinafter will be issued in my name as


a result of approved request for replacement of lost, destroyed,
mutilated or defaced Land Bank bonds;

2.6. Land Bank interim bonds reissued or hereinafter will be reissued as


Land Bank 10-year bonds;

2.7. Land Bank 10-year bonds issued or hereinafter will be as


replacement for Land Bank interim bonds;

2.8. Any and all checks issued or hereinafter will be issued by the Land
Bank of the Philippines in my name;

3. To make, execute and sign any and all papers, writings or documents such
as but not limited to DAWU, DOT, undertakings or warranties required or
necessary in the processing, perfection, or consummation of any or all of
the above transactions / activities, including the authority to assign/
endorse any and all Land Bank bonds in my name for the purpose of bond
redemption;

4. To sell, assign, dispose, transfer or endorse any and all Land Bank bonds in
my name for such price or prices and under such terms and conditions as
my Attorney-in-Fact may deem proper and to execute, sign and deliver such
instruments, conveyances or contacts as may be necessary therefor;

5. To secure emergency loan from Land Bank and use the sale proceeds for my
bonds in the Board Trading Board to settle these obligations;
6. To receive payments, either in cash, check or any other form of payment,
from the buyer thereof;

7. To encash, sign and endorse any and all checks by the Land Bank in my
favor as settlement / compensation and/or by virtue of a bond transaction,
and to acknowledge to have received the cash equivalent of the said
checks;

8. To deliver to me for my disposition any and all checks/cash and /or Land
Bank bonds claimed, collected or received by my Attorney-in-Fact from the
Land Bank of the Philippines by reason of any or all the above
transaction/activities, unless otherwise authorized by me;

GIVING AND GRANTING unto my Attorney-in-Fact full power and authority


to do and perform all and every act requisite and necessary to carry into effect the
foregoing authority as fully to all intents and purposes as we might or could lawfully
do if personally present, with full power of substitution and revocation, and hereby
confirming and ratifying all that my said Attorney-in-Fact shall lawfully do or
cause to be done under the premises.

It is understood that this Special Power of Attorney shall remain valid and
effective until LandBank shall been notified in writing by me or its revocation/
cancellation/amendments/modification and that the LandBank shall be free from
any liability that may have risen from the above delegated acts and things done and
performed by my Attorney-in-fact prior to its receipt of the notice of revocation/
cancellation/amendments/modification hereof as we shall assume full and
unconditional responsibility thereof.

It is further understood that this Special Power of Attorney will be used for
transactions with the LANDOWNERS' COMPENSATION DEPARTMENTS I & II,
BOND SERVICING DEPARTMENT and LANDOWNERS ASSISTANCE
DEPARTMENT of the LAND BANK only and we are submitting myself to all rules
and regulations Land Bank has or may issue for the purpose of regulating the
conduct of my Attorney-in-Fact.

IN WITNESS WHEREOF, I have hereunto set my hand this _____________ at


_____________, Philippines.

PRINCIPAL

ACCEPTED BY:

ATTORNEY-IN-FACT

SIGNED IN THE PRESENCE OF:

__________________ __________________

(ACKNOWLEDGMENT)