DEED OF ASSIGNMENT

KNOW ALL MEN BY THESE PRESENTS:

This instrument, made and executed in the City of ____________,

Philippines, by and between

_______________, of legal age, single / married to _______________,

Filipino citizen, and with residence and postal address at ________________,
hereinafter called the ASSIGNOR,
- and -
FRONTIER RURAL BANK, a domestic corporation duly organized and
established under Philippine laws, with business address at __________________,
herein represented by its manager, _________________, hereinafter called the
ASSIGNEE,

WITNESSETH: THAT-

WHEREAS, the ASSIGNOR has been granted by the ASSIGNEE a loan or

credit accommodation in the sum of ______________________ PESOS (P_____________),
Philippine currency, with interest thereon at ________ per annum and a penalty charge
of ________________ Pesos, payable within _______ days/ months from and after
_________________, 2007, as defined in a loan agreement hereto attached to form an
integral part hereof;

WHEREAS, as security for the payment of the aforementioned obligations,

including the interest and penalty charges due and accruing thereon, the said
ASSIGNOR has voluntarily offered to assign unto the ASSIGNEE his / her deposit
under SA / CA No. _____________________ with (Landbank)___, Pusok Hi-way, Lapu-
lapu City branch, for which ASSIGNOR was issued an Automatic Teller Machine (ATM)
card, and the ASSIGNEE has indicated its willingness to accept the same;

NOW THEREFORE, for and in consideration of the foregoing premises, and

more particularly as security for the payment of the principal obligation indicated in the
load agreement hereto attached in the sum of _________________________ PESOS
(P_________.00), together with interest and penalty charges due or accruing thereon, the
ASSIGNOR by these presents does CEDE, ASSIGN, and SET OVER in a manner
absolute and irrevocable unto the ASSIGNEE, all rights, title and interests of the
ASSIGNOR on the aforementioned bank deposit, until the full obligation is paid or
covered.

That the ASSIGNOR does hereby expressly authorize the ASSIGNEE to collect,
withdraw, and receive through the ATM card any and all money now due and hereafter
to become due and payable, and to apply the amount or amounts so collected,
withdrawn and received to the payment pro tanto of the obligations of the herein
ASSIGNOR;

That it is a principal condition of this agreement that if the ASSIGNOR shall pay
or cause to be paid to the ASSIGNEE the outstanding balance remaining unpaid of the
obligations herein secured, together with the interest thereon, and penalty charges if
there are any, or if the ASSIGNEE shall have collected the full amount of the obligation
within the period herein stipulated, then this ASSIGNMENT shall be deemed to be of no
further force and effect, and the ASSIGNEE binds itself to execute the necessary
documents for the release and discharge of the ASSIGNOR from his / her obligation,
and the return of his / her ATM card.

That in the event that the account is closed for any reason whatsoever before the
ASSIGNEE is able to collect the full amount from the ASSIGNOR, then the latter
undertakes to offer to assign another bank deposit or any other real property, in lieu
thereof, or pay the outstanding obligation in cash.

That the ASSIGNOR shall in no case declare the ATM card representing the
deposit hereto assigned as having been lost while in the possession of herein ASSIGNEE,
or he / she risks prosecution under Article 183 of the Revised Penal Code of the
Philippines, as amended, or under other applicable penal laws or provisions.

IN WITNESS WHEREOF, the parties hereto have hereunto set their hands this
____ day of June, 2007, in Lapu-lapu City, Philippines.

________________________ ______________________
( Assignor ) ( Assignee )

___________________
Manager / Representative

Signed in the presence of:

________________________ _________________________
 ACKNOWLEDGMENT

REPUBLIC OF THE PHILIPPINES )

CITY OF LAPU-LAPU . . . . . . . . . ) S.S.
x---------------------/

BEFORE ME, this ____ day of ____________ 2017 in the

____________Philippines, personally appeared, ______________________, representative
of Frontier Bank, with community tax certificate No. ____________ issued on
______________ at _________________; and _________________, with community tax
certificate No. __________ issued on _____________ at _______________, known to me to
be the same persons who executed the foregoing instrument, and the parties
acknowledged to me that the same is their free act and deed.

This instrument consisting of three (3) pages, has been signed by the parties and
their witnesses on each and every page hereof.

IN WITNESS WHEREOF, I have hereunto set my hand and affixed my notarial

seal, the day, year, and place above written.