CHATTEL MORTGAGE

KNOW BY ALL MEN BY THESE PRESENTS:

I, Susan Ford, of legal age, married, Filipino, and resident of House No. 142, 7th Street, Sun Valley, Talisay City, Cebu hereinafter known as the MORTGAGOR, and Aim Financial Corporation, a corporation due organized and existing under the laws of the Philippines with office of business at No. 41 FRC Bldg., Guadalupe, Cebu City, Cebu hereinafter known as the MORTGAGEE, witnesseth THAT:

1. The MORTGAGOR is indebted unto the MORTGAGEE in the sum of Five Hundred Thousand (P500,000.00), Philippine Currency, receipt of which is acknowledged by the Mortgagor upon the signing of the instrument, payable within a period of Twenty Four (24) Months, with interest thereon at the rate of Four (4%) percent per month;

2. For, and consideration of, this indebtedness, and to assure the performance of said obligation to pay, the MORTGAGOR hereby conveys by way of CHATTEL MORTGAGE unto the MORTGAGEE, its assigns, the following personalty now in the possession of said Mortgagor:

MODEL/MAKE : Toyota Fortuner 2013

COLOR : Black

BODY : SUV

PLATE NO. : YGX 123

3. The condition of this obligation is that should the Mortgagor perform the obligation to pay the hereinabove-cited indebtedness of Five Hundred Thousand Pesos (P500,000.00), together with accrued interest thereon, this chattel mortgage shall at once become null and void and of no effect whatsoever, otherwise, it shall remain in full force and effect.

IN WITNESS WHEREOF, the parties have hereunto set their hands, this 19th day of November, 2013, at Cebu City, Philippines.

Susan Ford Aim Financial Corporation

Mortgagor Mortgagee

Witnesses:

Keith Stanley Cañete Michael Cyril Mahinay

ACKNOWLEDGEMENT

Republic of the Philippines)

CEBU CITY ) S.S

BEFORE ME, a Notary Public for and in the City of Cebu this 20th day of November, 2013, personally came and appeared:

Name Evidence of Identity Date/Place Issued

Susan Ford TIN No. 1234567 February 24, 2013/ Cebu City

Atty. Jonna Mae Campugan IBP Lifetime No. 02327 March 27, 2008

(For Aim Financial Corporation)

Known to me to be the same person who executed the foregoing Promissory Note and acknowledged to me that the same is her free and voluntary acts and deeds and that of the corporation/s they represent.

This Chattel Mortgage consisting of two (3) pages, including the page on which this acknowledgement is written, has been signed on each and every page thereof by the parties and their witnesses, and sealed with my notarial seal.

WITNESS MY HAND AND SEAL, on the date and place first above written.

Notary Public

Doc. No. 892;

Page No. 02;

Book No.08;

Series of 2013.