SPECIAL POWER OF ATTORNEY

KNOW ALL MEN BY THESE PRESENTS:

That, I/We, ___________________________, of legal age, Filipino, with residence and postal address
at __________________________________________________________________ has/have named,
constituted and appointed, and by these presents do hereby name, constitute and appoint
_________________________ of legal age, Filipino citizen, with residence and postal address at
__________________________________________________________________ as/have named, constituted
and appointed, and by these presents do hereby name, constitute and appoint n use and benefit, to do and
perform all or any of the following acts and things, namely:

1. To apply for, borrow or obtain any commercial loans, consumer loans and/or any other credit
accommodations from the PNB Savings Bank (“the Bank”), in such sum or sums and in such other terms and
conditions that may be determined by, or acceptable to, my/our attorney-in-fact; subject to the policy and
guidelines of the Bank in granting loans or credit accommodations and to such further terms and conditions as
may, upon granting the said loan/s, be imposed by the Bank, such as but not limited to the appointment of the
mortgagee as attorney-in-fact of the mortgagor without any further formality, and in case of violation of any of the
terms and conditions of the mortgage contract, to take physical possession of the mortgaged property/ies or any
part thereof and collect the price or rent therefor, to execute deeds, contracts or agreements necessary thereto,
to make repairs or improvements thereon, and the payment of any money so spent by the mortgagee for this
purpose and for taxes, insurance premiums and other charges shall also be guaranteed by the mortgage
contract, to apply any funds received from the sale and lease as above mentioned to the payment of the
expenses for repairs or improvements, or taxes or other obligations incurred by the mortgagee in connection with
the mortgaged property or to the payment of the principal and interest and other charges on the debts or
obligations of the mortgagor/s or debtor/s.

2. To receive the proceeds of the said loans/credit accommodations and such other credit facilities as
may be obtained by my/our attorney-in-fact pursuant hereto, to encash the check/s issued therefor; or to cause
the credit of such proceeds to my/our deposit account with the Bank, or to that of my/our attorney-in-fact; or to
apply the proceeds thereof for the payment of my/our obligation to concerned obligee/s or creditor/s, as may be
determined by my/our attorney-in-fact and the Bank.

3. To pay or cause the payment of my/our outstanding loans in cash, checks or thru debit to my/our
deposit account/s or that of my/our attorney-in-fact's deposit account with the Bank, and for this purpose to
execute the Automatic Debit Authority (ADA) or any equivalent document to effect such payments.

4. As security for the payment of my/our loan indebtedness and such other credit accommodations or
obligations which my/our attorney-in-fact may hereafter obtain or contract with the Bank pursuant hereto; its
renewal, extension, settlement, restructuring or novation of the whole or any part thereof, including the interest,
penalties and other charges thereon, the said attorney-in-fact is hereby authorized and empowered to transfer
and convey by way of first mortgage in favor of the Bank, the properties which shall be financed by the
loans/credit accommodations, and/or such other properties acceptable to the Bank; and/or to assign my/our
deposit account/s or of my/our Attorney-in-Fact with the Bank or any banking institutions; and/or to provide such
other collateral, acceptable to the Bank, as described hereunder, the same being free from any liens and
encumbrances:

TRANSFER CERTIFICATE OF TITLE ______________________

Registry of Deeds for ______________________ City

Deposit Account No. : ______________________________

__________________ Branch : ______________________________

Others __________________ : ______________________________

5. To negotiate for and obtain additional loans from the Bank to be secured by above-mentioned
property/ies and/or such other collateral acceptable to the Bank, and to sign the pertinent loan and security
documents relative to the said additional loans, credit accommodations and collateral thereto, and all such other
documents as may be required by the Bank.

6. To represent and bind me/us as co-debtor/s, mortgagor/s, surety or accommodation party in

connection with the aforesaid loan/s or credit accommodation/s or any other type or forms of bank
accommodations applied for and granted by the Bank, and as such shall be jointly and solidarily liable with the
principal debtor/s and/or obligors, whether the latter is a natural or juridical person.
 7. To enter into settlement or compromise arrangement with regard to my/our outstanding loans or
collateral thereto, or any dispute that may arise on the transactions entered into by my/our attorney-in-fact under
this instrument.

8. It is understood that this Special Power of Attorney is good not only for the original loans but also for
subsequent commercial loans, consumer loans and/or other credit accommodations that my/our attorney-in-fact
may obtain until this Power of Attorney is revoked in writing, copy of which is to be officially furnished to, and
received by, the Bank.

9. To make, sign, execute and deliver any contract or agreement covering the loan and security thereof,
and any other documents of whatever kind and nature, including the signing and execution of promissory note or
notes and disclosure statements, which may be necessary or proper in connection with the loans or credit
accommodations and the collateral thereon, as well as the renewal, extension, settlement, restructuring or
novation of the whole or any part thereof.

10. To delegate to any person, who may exercise in his/her stead, any or all the powers and authority
herein granted to him/her, or to substitute any person in his place to do and perform for me/us the said powers
and authority, and to execute and deliver the covering documents therefor.

GIVING AND GRANTING unto my/our attorney-in-fact full power and authority to do and perform every
act and thing whatsoever requisite and necessary to be done in and about the premises, as fully to all intents
and purposes as I/We might or could do if personally present and hereby ratifying and confirming all previous
transactions of all kinds with the Bank and all that my/our said attorney, his/her delegate/s or substitute/s, shall
lawfully do or cause to be done by virtue of these presents.

IN WITNESS WHEREOF, I/We have hereunto affixed my/our signature/s in the City of ___________ on
this _________day of ______________, __________.

__________________________________ ________________________________
Principal Principal

CONFORME:

___________________________________
Attorney-In-Fact

SIGNED IN THE PRESENCE OF:

____________________________________ ______________________________________
Name: Name:

ACKNOWLEDGMENT

REPUBLIC OF THE PHILIPPINES)

) S.S.
At the above stated locality, on this _____ day of _______________, _______________ before me
personally appeared:

Name Government Issued ID No. Date/Place Issued

known to me be the same person/s who executed the foregoing instrument and acknowledged the same to be
their free and voluntary act and deed. This instrument refers to a Special Power of Attorney and consists of
_______ pages, including this page wherein the acknowledgment is written, signed by the parties and their
witnesses and sealed with my notarial seal. The parties exhibited to me their government issued IDs above-
mentioned.

Notary Public
Doc No. ________
Page No. ________
Book No. ________
Series of ________