Republic of the Philippines)In the City of Iloilo) S.S.

ASSIGNMENT OF RIGHT WITHAUTHORITY TO TAKE POSSESSION

I, MRS. LADA GRACE E. FERNANDEZ , of legal age, Filipino, and with postal address at Lopez Jaena Nort, Lapaz, Mandurriao, Iloilo City do hereby waived and assigned in favour of ILOILO MUSIC CENTER, YMCA Bldg., Iznart St., Iloilo City, all my rights, privileges to posses One (1) Unit Belton Upright with Serial No. ___________such in the event I defaulted any of the instalments of my existing obligation with Iloilo Music Center.

That consequently, I hereby authorized Iloilo Music Center, through its duly authorized representative, to take possession or, otherwise dispose of in any manner in favor of any person, said unit and said obligation has been settled and satisfied.

____________________ Signature of Buyer

WITNESSETH

_________________________ _________________________

SUBSCRIBED AND SWORN TO BEFORE ME, this 10th day of April, 2013.

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