ACKNOWLEDGMENT RECEIPT

We, CLAVEL ANN MONTEJO SOLAMO and FELIX MONTEJO

SOLAMO III, both single, of legal ages, Filipinos, and residents of Peñaplata District,
Island Garden City of Samal, Philippines, hereby acknowledges the receipt of the
amount of TWO HUNDRED THOUSAND PESOS (Php 200,000.00) from
VISAYAS B. MONTEJO, of legal age, Filipino, single, and a resident of Peñaplata
District, Island Garden City of Samal, for the sale of a parcel of land embraced under
TCT No. T-243677, situated at Peñaplata, Island Garden City of Samal, Philippines
containing an area of ONE THOUSAND TWO (1,002) SQUARE METERS more
or less.

Done this __________________at Davao City, Philippines.

CLAVEL ANN MONTEJO SOLAMO

FELIX MONTEJO SOLAMO III