REPUBLIC OF THE PHILIPPINES)

CITY OF CEBU

) S. S.

OPTION TO PURCHASE REAL PROPERTYKNOW ALL MEN BY THESE PRESENTS:

This AGREEMENT OF OPTION entered into at the City of Cebu, Philippines, on this 3rd day of February 2015, by and between ROWENA MERCADO of 163 4th St., Espina Village, Cebu City, and YNNA SUAREZ, of 185 Brgy. Luna, Ormoc City, Leyte, both of Philippine citizenship,WITNESSETH:

That for and in consideration of the sum of TWO HUNDRED THOUSAND PESOS (P200,000.00), Philippine currency, in hand paid by ROWENA MERCADO unto YNNA SUAREZ, receipt whereof is hereby acknowledged, the said offeror, YNNA SUAREZ, does hereby grant unto the said offeree, ROWENA MERCADO, the absolute and unlimited option, right, and privilege to purchase at any time within the period of SIXTY (60) days from the date hereof, the following described property, to wit: A PARCEL OF LAND (Lot 32 of the consolidation-subdivision plan (LRC) Pcs-5141, being a portion of the consolidation of Lots 1 and 2, Psu-112287 Amd., LRC (GLRO) Rec. No. N-17511), situated in the Dist. Of Concepcion, City of Sta. Rosa, Laguna, Island of Luzon. Bounded on the NE., points 3 to 6, by Lot 85; on the S., points 6 to 1 by Lot 30; on the SW., points 1 to 2, by Lot 31; and on the N., points 2 to 3 by Lot 35, all of the consolidation-subdivision plan. Beginning at a pont marked "1" on plan, being N. 51 deg. 36' E., 1321.76 m. from B.L.L.M. No.1, Sta. Rosa, Laguna xxxxxxxx (a copy of which title is hereto attached as Annex "A")

And it is understood that the failure of the said ROWENA MERCADO to exercise her option within the above-mentioned period shall ipso facto cancel her right to purchase, as well as to the amount paid, and thereupon this Option shall lapse, cease, and shall be of no further force and effect.

IN WITNESS WHEREOF, the parties hereto have set their hands at Cebu City, Philippines, this 3rd day of February 2015. R.J. Mercado Ynna Suare ROWENA MERCADO

YNNA SUAREZSigned in the presence of:

J. Mendoza

P. Santos Julia Mendoza

Pedro Santos

Witness

Witness

ACKNOWLEDGMENT

REPUBLIC OF THE PHILIPPINES)

CITY OF CEBU

) S. S.

BEFORE ME, this 3rd day of February 2015, in the City of Cebu, personally appeared:

Name

Competent Evidence of Identity

Place and Date of Issue

ROWENA MERCADO

Passport No. EB659888

DFA Cebu / Feb. 3, 2013

YNNA SUAREZ

Passport No. EB985222

DFA Cebu / Nov. 5, 2013

known to me to be the same persons who executed the foregoing instrument, and acknowledged that the same are their free act and deed.

This instrument, consisting of two (2) pages, including the page on which this acknowledgment is written, has been signed on the left margin of each and every page thereof ROWENA MERCADO and YNNA SUAREZ and their witnesses, and sealed with my notarial seal.

IN WITNESS WHEREOF, I have hereunto set my hand on the date and place above written.

Doc. No. 11;

Page No. 3;

Book No. I;

Series of 2015.