IRREVOCABLE SPECIAL POWER OF ATTORNEY

That I/We, ________________________________________________________, of legal age, Filipino, single/married and

residing at ________________________________________________________ do hereby name, constitute and appoint
___________________________________ of legal age, Filipino, single/married and residing at
_______________________________________________________________ to be my/our true and lawful attorney-in-fact, for me/us and
in my/our name/s, place and stead and on my/our behalf to do and execute any and/or all of the following acts, deeds and things, to wit:

1. To negotiate, transact and/or enter into contract, under such terms and conditions which the attorney-in-fact may deem fit, with
____________________________________ (the “Developer”) for the purchase of a residential house and lot, specifically
identified as _____________________________________________________, presently covered by Transfer Certificate of
Title No. ______________, particularly described as follows:
SIGNATURE OVER PRINTED NAME

TCT No. ______________

(PRINCIPAL BORROWER)

(Hereinafter referred to as the “Subject Property”). The purchase of which, together with all improvements thereon, shall be
financed by a loan to be secured and all such other appropriate security/collateral documents and/or credit agreements which are
necessary or required for the purpose of giving effect to the authorities granted herein.

2. To execute and deliver in favor of the Developer any and all documents required for such purchase including, but not limited
to, the Conditional Purchase Agreement, Deed of Absolute Sale, Notice of Approval, Letter of Guaranty, Promissory Note,
Financing Agreement, and related documents.

SIGNATURE OVER PRINTED NAME

3. To transact with the Developer for purposes of:

i. Attending the seminars required by the Developer prior, during and after the execution of the purchase agreements and to
sign documents in relation thereto;
ii. Signing of any and all documents related to the Subject Property;

(WITNESS 1)
iii. Entering into negotiations, signing promissory note and amendment to the purchase agreements or loan application
documents;
iv. Claiming any refund due and signing of waiver relating thereto;
v. Attending the house inspection, signing of necessary forms, accepting the Subject Property in good and proper condition
for the purpose of absolving the Developer from any liability with respect to the Subject Property;
vi. Filing and/or receiving the certificate of title, tax declarations, receipts or clearances or any papers related to the Subject
Property;
vii. Receiving summons, legal notices or court processes in all actions against me/us;
viii. Exercising my/our rights and privileges and performing my/our obligations as member/s of the homeowners’ association.
SIGNATURE OVER PRINTED NAME

4. To withdraw or cancel any and all contracts or agreements related to the purchase of the Subject Property, whether entered into
(SPOUSE/CO- BORROWER)

by me/us or on my/our behalf, and receive refunds or any other amount/s due to me/us, whether in the form of cash or check
issued in my/our name/s or in the name of our attorney-in-fact.

5. To apply for, negotiate and/or obtain a loan and/or other credit accommodations and facilities, in my/our name/s, from
__________________________________, or from any of its branches/affiliates/non-bank financial institutions, (hereinafter,
the “Bank”) up to an amount as may be needed to fully cover the Total Contract Price of the Subject Property, and any charges
or assessments thereto, and advances made by the Developer in my/our behalf, including any renewal, extension, increase,
rollover and/or restructuring thereof, in such amounts and under such terms and conditions as may be mutually agreed upon, for
the purchase, construction, repair, renovation, and/or improvement of the Subject Property and payment of taxes, fees and/or
expenses shouldered by the Bank and the payment of all necessary insurance premiums, and to sign, execute, and deliver any
and all documents required thereunder or related therewith, including, but not limited to, promissory notes, loan agreements and

SIGNATURE OVER PRINTED NAME

the like, to effectuate such powers, under such terms and conditions as my/our attorney-in-fact finds acceptable, but shall not at
any time exceed the sum of Pesos: __________________________________________________________________________
(Php_________________).

6. To sign, execute, deliver to and receive from the Bank, contracts, documents, agreements, and other writings of whatever nature
(WITNESS 2)

or kind, such as but not limited to Promissory Note/s, Deed of Real Estate Mortgage, Mortgage Loan Agreement, Letter of
Guaranty, Deed of Undertaking, Automatic Debit Authority and other loan or credit agreements or other instruments evidencing
my/our indebtedness for the monies so borrowed, or to be borrowed with interest thereon and said attorney-in-fact is empowered
to sign, execute and deliver renewals, extensions, supplements, modification and/or amendments of said Promissory Note/s,
Deed of Real Estate Mortgage, Mortgage Loan Agreement, Letter of Guaranty, Deed of Undertaking, Automatic Debit Authority
and other loan or credit agreements or other instruments from time to time.

7. To indicate, confirm and instruct the Bank on the mode of payment for the loan and any other obligations with the Bank
SIGNATURE OVER PRINTED NAME

including, but not limited to automatically debit from the Account described in the Auto Debit Arrangement Form executed by
me/us or my/our attorney-in-fact, for any and all payments/amounts due.
(ATTORNEY-IN-FACT)

8. To encumber, assign and convey by way of FIRST MORTGAGE unto the Bank, its successors and assigns, the Subject Property
or the substituted property as described in the Amendment to the Loan Agreement and Deed of Undertaking executed by my/our
attorney-in-fact and the Bank, including its appurtenances such as, but not limited to, parking space, laundry area, drying area,
ledge, garden area, balcony, if any, as security for the prompt payment of the loan, including its renewals, extensions,
rescheduling, restructuring, re-availments or amendments thereof.

9. To constitute the Bank as his/her attorney-in-fact for the purpose of performing all acts necessary or incidental for the
enforcement of the security lien herein constituted in favor of the Bank.

10. To grant, transfer or assign to the Bank as security for any note/s or credit/loan covering my/our indebtedness to the Bank,
my/our deposit/placement maintained with the said Bank, or with any of the Bank’s affiliates or subsidiaries, and to sign, execute
and deliver to the Bank any and all grants, transfers, instruments that may be necessary to implement the authorization herein
granted.

11. To procure an insurance policy or coverage such as, but not limited to, life, mortgage redemption, credit life insurance, fire
insurance policy, in connection with the le/our insurability and all other personal circumstances, to sign, execute and deliver
application forms, contracts, documents and agreements, as may be necessary or proper in connection with the facility to be
obtained at such terms and conditions as the appointed attorney-in-fact, may, in his/her discretion, deem to be in my/our best
1
 interest, and to claim and receive from the Bank and any and all documents in relation to the insurance policy procured and/or
facility obtained.

12. To claim, receive, and accept the proceeds of such loan/s and other credit accommodations with the Bank, whether in cash or in
checks, and remit the same, or so much thereof as may be necessary to fully pay the Total Purchase Price, or to assign the
proceeds of the loan directly to the Developer for application as payment of the purchase made pursuant hereto.

13. To authorize the Bank to file and/or request for the conversion of the title covering the Subject Property to electronic (e-Title)
from the concerned Register of Deeds.

14. To sign, file and represent me/us in any suit before the proper court/s or body, for the cancellation of any and all encumbrances
that appear or may appear on the certificate of title covering the Subject Property including, but not limited to, inscriptions
relating to Section 7 of Republic Act No. 26 (An Act Providing a Special Procedure for the Reconstitution of Torrens Certificates
of Title Lost or Destroyed), Section 4 Rule 74 of the Rules of Court (Heir’s and/or Creditor’s Lien), and/or prior mortgage
annotations, if any.

15. To claim from the Bank, the Owner’s Duplicate Copy of Title over the Subject Property, upon full payment of the credit
accommodations/facilities.

16. To compromise, settle and agree on any matters, judicially or extrajudicially, concerning the loan extended to us by the Bank
and/or the Seller/Developer and secured by the Subject Property.

17. To do and perform any and all acts necessary for the faithful execution of the foregoing acts and deeds.

This Special Power of Attorney shall remain in full force and effect and may be given full reliance by the Developer and the
Bank or other financing institution, until and unless it receives a written revocation hereof.

This Special Power of Attorney is coupled with interest being one of the requirements and considerations of the Bank for the
granting of the loan to me/us. It is agreed that this Irrevocable Special Power of Attorney shall not be revoked or cancelled without the
prior written consent of the Bank.

HEREBY GIVING AND GRANTING unto my/our said attorney-in-fact full power and authority whatsoever requisite,
necessary or proper to be done in or about the premises, as fully to all intents and purposes as I/we might or could lawfully do if personally
present, and hereby ratifying and confirming all that my/our said attorney-in-fact shall do, has done or cause to be done under and by virtue
of these presents. Further, I hereby ratify expressly and irrevocably the authority of my/our said attorney-in-fact and confirm to be valid
and binding upon me/us any and all notes, mortgages, documents and agreements executed by my/our said attorney-in-fact prior to the
date hereof in connection with the above authority given.

IN WITNESS WHEREOF, I/We have set my/our hand on this _________________ in ________________.

With my conformity:

____________________________ _____________________________ _____________________________

Signature over printed name of Signature over printed name of Signature over printed name of
Attorney-in-Fact Principal Buyer Spouse/Co-Buyer

Signed in the presence of:

_____________________________ _____________________________

Republic of the Philippines )

City of ________________ ) ss.

BEFORE ME, a Notary Public for and in _________ City on this __________, personally appeared the following who exhibited
to me competent evidence of identity:

Name ID No. Date/Place of Issue/Valid until

Known to me to be the same persons who executed the foregoing Special Power of Attorney signed by the parties and their respective
witnesses and who acknowledged to me that the same is/are their free and voluntary act and deed.

IN WITNESS WHEREOF, I have set my hand and affixed my notarial seal on the date and place first above written.

Doc. No. _______;

Page No. _______;
Book No. _______;
Series of 20_____.