HQP-AAF-101 (V01, 11/2018) For 1st Public Auction

( Housing Hub)

INVITATION TO BID

February 23, 2021

The Pag-IBIG Fund Committee on Disposal of Real and Other Properties Acquired hereby invites interested bidders who would like to purchase Pag-IBIG Fund acquired assets through Sealed Public Auction:

NO. OF PERIOD OF ACCEPTANCE OF TRANCHE AREAS OPENING OF BID OFFERS UNITS BID OFFERS

58th SPB CEBU PROPERTIES 65 15-19 MARCH 2021 22 MARCH 2021

GENERAL GUIDELINES

1. Interested parties are required to secure copies of OFFER TO BID (HQP-AAF-103 if individual bidder or HQP- AAF-238 if juridical entity) from the Acquired Asset frontline counter servicing, 3rd Floor Pag-IBIG Fund WT Corporate Tower, Cebu Business Park, or may download the form at www.pagibigfund.gov.ph.

2. Properties shall be sold on an “AS IS, WHERE IS” basis which means that the bidder accepts whatever the physical status of the property/ies (including whether it is occupied or not).

3. All interested bidders are encouraged to inspect the property/ies before tendering their offer/s. The list of the properties for public auction may be viewed at www.pagibigfund.gov.ph/aa/aa/aspx.

4. Discounts are not applicable during First Sealed Public Auction.

5. Bidders are also encouraged to visit our website, www.pagibigfund.gov.ph/aa/aa.aspx five (5) days prior the actual opening of bid offers, to check whether there is any erratum posted on the list of properties posted under the sealed public auction.

6. Bidders shall be required to register at the frontline counter servicing prior to dropping of sealed bid offer/s. Only bid offers from registered bidders shall be accepted and a registration stub will be issued as proof of registration.

7. Acceptance of sealed bid offer/s shall be from 8:00 AM to 5:00 PM starting 15 MARCH 2021 until 19 MARCH 2021. Bidders are advised to submit their proposals together with a photocopy of their valid Identification (ID) card and latest proof of income only on the scheduled date of batch. No proposals shall be accepted earlier or later than the scheduled date.

8. Bidders may designate their Authorized representatives, provided they shall issue the following documents:

a. Notarized Special Power of Attorney (SPA) for individual-bidder. The SPA for bidding may be downloaded at www.pagibigfund.gov.ph (Other properties for sale-Disposition of Acquired Assets for Public Auction). Also, if the bidder is based or is currently working abroad, SPA must be notarized at the Philippine Consular Office. b. Secretary’s Certificate for company-bidder.

NOTE: The suggested template of the said documents may be downloaded at www.pagibigfund.gov.ph.

9. The bidder shall state in words and in figures the amount of his/her bid offer and his/her chosen mode of payment in the Offer to Bid form. The BID OFFER shall not be lower than the minimum bid set by the Fund.

10. In the absence of a chosen mode of payment, the default mode of payment shall be long-term installment. Likewise, change on the winning bidder’s mode of payment shall not be allowed.

11. The determination of winning bidders shall be on 22 MARCH 2021 at Pag-IBIG Fund WT Corporate Tower, Cebu Business Park, Cebu City.

12. The determination of winning bidders shall be monitored by a representative from Commission on Audit (COA). Attendance of the bidder/s in the venue is not required.

13. The bidder who offers the highest bid shall be declared as the winner.

(V01, 06/2016) HQP-AAF-101 (V01, 11/2018)

14. In case there are identical offers constituting the highest bids, the tie shall be resolved by considering the Mode of Payment. The priority in terms of mode of payment shall be as follows: a. Cash; b. Short-Term Installment; c. Long-Term Installment.

15. If there is still a tie after considering the mode of payment, it shall be resolved immediately through toss coin. However, in case there are more than two (2) highest bidders, the tie shall be resolved through draw lots.

16. The result of the sealed public auction shall be released and posted in the Pag-IBIG Fund official website at www.pagibigfund.gov.ph. Bidders are encouraged to check the result on the said website.

17. Any notification sent by Pag-IBIG Fund through email or SMS shall be sufficient compliance to the notification requirements and presumed to be deemed received by the buyer. In this regard, the Bidder shall ensure that the contact number and email address indicated on the Offer to Bid are active. The bidder shall inform Pag-IBIG Fund immediately on any changes on his/her contact number.

18. The winning bidder shall be required to pay his/her BID BOND equivalent to five percent (5%) of the BID OFFER and shall be paid within three (3) working days after the publication of the winning bidders. It shall be in Philippine Currency and may be in the form of cash or manager’s check payable to Pag-IBIG Fund. It shall likewise serve as the down payment of the winning bidder.

19. For bidders whose bid bond is in the form of a MANAGER’S CHECK, are advised to adhere to the current Bangko Sentral ng Pilipinas’ (BSP) memorandum relative to the proper handling of checks: Do not staple, crumple, fold, bind or pin checks.

20 . Payment of the remaining ninety five percent (95%) bid offer balance may either be thru any of the following modes:

a. Cash Payment – the balance on the net selling price shall be paid not later than thirty (30) calendar days from date of signing of Deed of Conditional Sale (DCS).

b. Short-Term Installment – the balance on the net selling price shall be paid in equal monthly installment and provided the chosen payment term shall not exceed twelve (12) months subject to an interest based on the Full Risk-Based Pricing Framework for three-year fixing period.

c. Long-Term Installment – payment shall be in the form of monthly amortization based on the approved term, which may be up to a maximum of thirty (30) years with the following considerations:

c.1. Approval and term shall be subject to eligibility requirements stipulated under the Circular 428 Omnibus Guidelines on Sale of Pag-IBIG Fund Real and Other Properties Acquired; c.2. The amount shall be the bidder’s bid offer, net of 5% downpayment; c.3. The bidder shall be required to file his/her Long-Term Installment application and pay the following incidental expenses within thirty (30) calendar days from receipt of Notice of Award: - Processing fee of Two Thousand Pesos (P2,000.00) shall be paid upon submission of complete requirements; - Equity, if applicable; - One-year advance insurance premiums (sales redemption insurance as well as non-life insurance); c.4. In case the Bid Offer, net of the five percent (5%) bid bond and additional discount, is still higher than the approved amount for Long Term Installment, the amount in excess shall be treated as equity. It shall be paid by the buyer within thirty (30) calendar days from receipt of Notice of Conditional Approval of Sale (NCAS). c.5. Original Borrowers who wish to participate on the Sealed Public Auction sale shall not be allowed to avail long term installment as mode of payment. They may only submit offer thru cash or short-term installment basis. c.6. In case the application has been disapproved due to buyer’s fault, the 5% bidder’s bond shall be forfeited in favor of the Fund.

21. If the winning bidder fails or refuses to push through with the purchase of the property, or fails to pay in full the remaining balance within 30 calendar days from receipt of the Notice of Award (NOA), he shall lose his right as winning bidder and the 5% bidder’s bond shall be forfeited in favor of the Fund.

22. The Fund shall declare the next highest bidder as the winning bidder in case the sale to the original winning bidder is cancelled. He shall be required to pay a down payment of 5% of the offer price within 15 calendar days from notification and the remaining ninety five percent (95%) of his/her bid offer within the approved payment period. In the event there are two (2) or more complying bidders, the same rule on resolving ties shall be applied.

23. Interested parties may visit the 3rd Floor, Pag-IBIG FUND – WT Corporate Tower, Mindanao Avenue, Cebu Business Park, Cebu City or contact MR. ANGELO E. HERMOSISIMA; MS. JERRA MAE D. PACINIO AND MS. KAYE ANTONETTE A. DIANO at tel. nos. (032) 260-1800 and (032) 412-2110. You may also email your inquiries for further details at [email protected] or [email protected].

HQP-AAF-101 (V01, 11/2018)

PAG-IBIG FUND RESERVES THE RIGHT TO REJECT ANY OR ALL BIDS, TO WAIVE ANY FORMALITY THEREIN OR ACCEPT SUCH BIDS AS MAY BE CONSIDERED MOST ADVANTAGEOUS TO THE FUND. THE DECISION OF THE FUND IS FINAL AND BINDING.

SGD. ATTY. MARIE ANTONIETTE D. DIAZ OVP – Home Lending Operations Visayas/Mindanao Group

Chairman Committee on Disposition of Acquired Assets Chairman, Committee on Disposition of Acquired Assets

ITEM LOT FLOOR MINIMUM BID PROPERTY NO. LOCATION TCT NO. STATUS OF TCT NO. AREA AREA PRICE

LAPU-LAPU CITY DECA HOMES - MACTAN 1, AGUS, LAPU-LAPU CITY, CEBU LOT 47, BLK 1, DECA HOMES - MACTAN 1, AGUS, LAPU- 1 806719062800029 40.00 46.40 66245 933,200.00 For consolidation-REM LAPU CITY, CEBU LOT 47, BLK 7, DECA HOMES - MACTAN 1, AGUS, LAPU- 2 867201910250001 40.00 46.40 110-2018001579 933,200.00 Consolidated to HDMF LAPU CITY, CEBU LOT 8, BLK 10, DECA HOMES - MACTAN 1, AGUS, LAPU- 3 867201808230001 40.00 46.40 110-2020000045 966,300.00 Consolidated to HDMF LAPU CITY, CEBU LOT 22, BLK 13, DECA HOMES - MACTAN 1, AGUS, LAPU- 4 867201905290001 40.00 51.05 110-2016001026 1,048,600.00 For consolidation-REM LAPU CITY, CEBU DECA HOMES - MACTAN 3, BASAK, LAPU-LAPU CITY, CEBU LOT 45, BLK 4, DECA HOMES - MACTAN 3, BASAK, LAPU- 5 806718111200135 60.00 67.00 110-2018003218 1,712,040.00 Consolidated to HDMF LAPU CITY, CEBU LOT 3, BLK 6, DECA HOMES - MACTAN 3, BASAK, LAPU- 6 867201904240004 52.00 46.40 110-2011002572 1,042,368.00 For consolidation-REM LAPU CITY, CEBU CORINTHIAN SUBDIVISION, BASAK, LAPU-LAPU CITY, CEBU LOT 33, BLK 10, CORINTHIAN SUBDIVISION, BASAK, 7 867201904110001 40.00 51.00 110-2011003793 1,124,600.00 For consolidation-REM LAPU-LAPU CITY, CEBU HAPPY HOMES SUBDIVISION, BASAK, LAPU-LAPU CITY, CEBU LOT 24, BLK 1, HAPPY HOMES SUBDIVISION, BASAK, 8 867201907220013 40.00 63.56 110-2020002884 1,408,900.00 Consolidated to HDMF LAPU-LAPU CITY, CEBU LA ALDEA DEL MAR SUBDIVISION, BABAG, LAPU-LAPU CITY, CEBU LOT 20, BLK 36, LA ALDEA DEL MAR SUBDIVISION, 9 867201910230008 97.00 44.50 110-2013004153 1,958,400.00 For consolidation-CTS BABAG, LAPU-LAPU CITY, CEBU LOT 32, BLK 52, LA ALDEA DEL MAR SUBDIVISION, 10 867201910230009 40.00 44.50 110-2015004180 1,425,200.00 For consolidation-CTS BABAG, LAPU-LAPU CITY, CEBU LOT 41, BLK 53, LA ALDEA DEL MAR SUBDIVISION, 11 867201910230002 40.00 44.50 110-2015004257 1,425,200.00 For consolidation-CTS BABAG, LAPU-LAPU CITY, CEBU ASTANA SUBDIVISION, BABAG, LAPU-LAPU CITY, CEBU LOT 13, BLK 3, ASTANA SUBDIVISION, BABAG, LAPU- 12 867201811220010 42.00 52.00 110-2017000331 1,557,300.00 For consolidation-REM LAPU CITY, CEBU LOT 12, BLK 8, ASTANA SUBDIVISION, BABAG, LAPU- 13 867201907180003 42.00 52.00 110-2017000485 1,557,300.00 For consolidation-REM LAPU CITY, CEBU LOT 33, BLK 9. ASTANA SUBDIVISION, BABAG, LAPU- 14 867201907220017 42.00 52.00 110-2017004133 1,557,300.00 For consolidation-REM LAPU CITY, CEBU LOT 22, BLK 10, ASTANA SUBDIVISION, BABAG, LAPU- 15 867201903280008 42.00 52.00 110-2017001084 1,557,300.00 For consolidation-REM LAPU CITY, CEBU LA ALDEA BUENA SUBDIVISION, BABAG, LAPU-LAPU CITY, CEBU LOT 1 & 2, BLK 11, LA ALDEA BUENA SUBDIVISION, 110-2017000689 / 110- 16 806718111200119 66.00 44.00 1,059,400.00 Consolidated to HDMF BABAG, LAPU-LAPU CITY, CEBU 2017000688 LOT 25, BLK 12, LA ALDEA BUENA SUBDIVISION, BABAG, 17 806719011600054 40.00 44.00 110-2019005017 865,500.00 Consolidated to HDMF LAPU-LAPU CITY, CEBU LOT 30, BLK 17, LA ALDEA BUENA SUBDIVISION, BABAG, 18 806718111200172 40.00 47.20 110-2018001030 939,300.00 Consolidated to HDMF LAPU-LAPU CITY, CEBU PACIFIC GRANDE 2 SUBDIVISION, BABAG, LAPU-LAPU CITY, CEBU LOT 24, BLK 1, PACIFIC GRANDE 2 SUBDIVISION, 19 867201909120002 40.00 57.40 110-2017003609 1,594,400.00 For consolidation-REM BABAG, LAPU-LAPU CITY, CEBU PORTVILLE SUBDIVISION, BUAYA, LAPU-LAPU CITY, CEBU LOT 5, BLK 9, PORTVILLE SUBDIVISION, BUAYA, LAPU- 20 867201903160005 42.00 48.00 110-2016002415 1,484,800.00 For consolidation-REM LAPU CITY, CEBU LOT 24, BLK 12, PORTVILLE SUBDIVISION, BUAYA, LAPU- 21 867201907180002 42.00 48.00 110-2016002130 1,484,800.00 For consolidation-REM LAPU CITY, CEBU LA ALDEA DEL RIO SUBDIVISION, CALAWISAN, LAPU-LAPU CITY, CEBU LOT 6, BLK 6, LA ALDEA DEL RIO SUBDIVISION, 22 806718111200189 65.00 44.50 110-2019002230 1,164,600.00 Consolidated to HDMF CALAWISAN, LAPU-LAPU CITY, CEBU LOT 19, BLK 7, LA ALDEA DEL RIO SUBDIVISION, 23 867201902260009 40.00 44.50 110-2012001071 928,600.00 For consolidation-REM CALAWISAN, LAPU-LAPU CITY, CEBU PACIFIC GRANDE 1 SUBDIVISION, GUN-OB, LAPU-LAPU CITY, CEBU LOT 85 & 86, BLK 5, PACIFIC GRANDE 1 SUBDIVISION, 110-2014000723 & 110- 24 806718091700091 85.00 114.80 3,062,000.00 For consolidation-REM GUN-OB, LAPU-LAPU CITY, CEBU 2014000718 SUMMERVILLE SUBDIVISION, IBABAO, CORDOVA, CEBU LOT 10, BLK 1, PH 2B, SUMMERVILLE SUBDIVISION, 25 867201910230007 48.00 49.00 102-2016000971 1,303,300.00 For consolidation-CTS IBABAO, CORDOVA, CEBU SIMPLEX I SUBDIVISION, MARIGONDON, LAPU-LAPU CITY, CEBU LOT 4, BLK 2, SIMPLEX I SUBDIVISION, MARIGONDON, 26 867201908090009 32.00 22.00 110-2011002747 408,000.00 For consolidation-REM LAPU-LAPU CITY, CEBU

MANDAUE CITY DECA HOMES SUBDIVISION, CUBACUB, CITY, CEBU LOT 102, BLK 2, DECA HOMES SUBDIVISION, CUBACUB, 27 806719102200008 35.00 44.00 111-2019001174 628,730.00 Consolidated to HDMF MANDAUE CITY, CEBU LOT 1, BLK 9, DECA HOMES SUBDIVISION, CUBACUB, 28 806718111200053 51.00 44.00 111-2014003230 644,850.00 Consolidated to HDMF MANDAUE CITY, CEBU

CONSOLACION CEBU COUNTRYVILLE SUBDIVISION, PITOGO, LAMAC, , CEBU LOT 8, BLK 2, CEBU COUNTRYVILLE SUBDIVISION, For consolidation-REM 29 806718111200066 58.50 28.00 TP-11996 551,784.00 PITOGO, LAMAC, CONSOLACION, CEBU (Under BIR abatement) LA MONTANA HOMES SUBDIVISION, CABANGAHAN, CONSOLACION, CEBU LOT 12, BLK 2, LA MONTANA HOMES SUBDIVISION, 30 867201903190005 36.00 22.00 MR-8133 (TP-63844) 388,300.00 For consolidation-REM CABANGAHAN, CONSOLACION, CEBU

LILOAN VILLA AZALEA SUBDIVISION, COTCOT, LILOAN, CEBU LOT 5, BLK 9, VILLA AZALEA SUBDIVISION, COTCOT, 31 864201901040004 40.00 63.00 111-2016000355 1,323,100.00 For consolidation-REM LILOAN, CEBU SUMMERVILLE SUBDIVISION, COTCOT, LILOAN, CEBU LOT 11, BLK 4, SUMMERVILLE SUBDIVISION, COTCOT, 32 806718091700042 46.00 48.80 111-2019003844 968,400.00 Consolidated to HDMF LILOAN, CEBU

COMPOSTELA RAYSLAND SUBDIVISION, COGON, COMPOSTELA, CEBU LOT 7-A, RAYSLAND SUBDIVISION, COGON, 33 867201910250004 50.00 24.00 TP-26746 329,945.00 For consolidation-REM COMPOSTELA, CEBU

DANAO CITY DECA HOMES - DANAO, SABANG, DANAO CITY, CEBU LOT 4, BLK 9, PH1, DECA HOMES - DANAO, SABANG, 34 867201907120003 96.00 TP-1628 336,000.00 For consolidation-REM DANAO CITY, CEBU CEBU CITY VILLA LEYSON SUBDIVISION, BACAYAN, CEBU CITY, CEBU LOT 2, BLK 3, PH 1, VILLA LEYSON SUBDIVISION, 35 806418091700158 41.00 36.00 137334 541,000.00 For consolidation-REM BACAYAN, CEBU CITY, CEBU

TALISAY CITY DECA HOMES - TALISAY, DUMLOG, TALISAY CITY, CEBU LOT 20, BLK 20, PH 1, DECA HOMES - TALISAY, 36 806419013100054 52.00 54.20 102-2020002054 1,375,600.00 Consolidated to HDMF DUMLOG, TALISAY CITY, CEBU LOT 9, BLK 22, PH 1, DECA HOMES - TALISAY, DUMLOG, 37 864201901040006 52.00 51.00 102-2014000051 1,263,095.00 For consolidation-REM TALISAY CITY, CEBU LOT 27, BLK 23, PH 1, DECA HOMES - TALISAY, 38 864201812210014 40.00 51.00 102-2013006851 1,251,400.00 For consolidation-REM DUMLOG, TALISAY CITY, CEBU LOT 1, BLK 24, PH 1, DECA HOMES - TALISAY, DUMLOG, 39 806419053000058 73.00 54.40 102-2019002497 1,668,250.00 Consolidated to HDMF TALISAY CITY, CEBU LOT 12, BLK 24, PH 1, DECA HOMES - TALISAY, 40 806418122800158 52.00 51.00 102-2019007302 1,172,530.00 Consolidated to HDMF DUMLOG, TALISAY CITY, CEBU LOT 6, BLK 3, PH 2, DECA HOMES - TALISAY, DUMLOG, For consolidation-CTS 41 864202002110001 52.00 51.00 102-2013005986 1,534,600.00 TALISAY CITY, CEBU (Under BIR abatement)

MINGLANILLA DECA HOMES - TUNGKIL, MINGLANILLA, CEBU LOT 20, BLK 5, PH 1, DECA HOMES - TUNGKIL, 42 806418122800019 52.00 46.40 102-2015000307 1,034,600.00 Consolidated to HDMF MINGLANILLA, CEBU LOT 7, BLK 12, PH 1, DECA HOMES - TUNGKIL, 43 806418122800063 38.00 46.40 102-2018001221 978,000.00 Consolidated to HDMF MINGLANILLA, CEBU LOT 11, BLK 14, PH 1, DECA HOMES - TUNGKIL, 44 806418091700151 38.00 46.40 102-2018008114 943,100.00 Consolidated to HDMF MINGLANILLA, CEBU LOT 7, BLK 16, PH 1, DECA HOMES - TUNGKIL, 45 806418122800043 38.00 46.40 102-2017007480 970,200.00 Consolidated to HDMF MINGLANILLA, CEBU LOT 4, BLK 17, PH 1, DECA HOMES - TUNGKIL, 46 864201901110001 36.00 46.40 102-2020000713 850,320.00 Consolidated to HDMF MINGLANILLA, CEBU LOT 1, BLK 18, PH 1, DECA HOMES - TUNGKIL, (T-147849) 102- 47 806418092600045 53.00 46.40 1,027,800.00 For consolidation-REM MINGLANILLA, CEBU 2018001273 LOT 5, BLK 19, PH 1, DECA HOMES - TUNGKIL, 48 806418111200169 38.00 46.40 102-2020001046 901,100.00 Consolidated to HDMF MINGLANILLA, CEBU LOT 13, BLK 24, PH 1, DECA HOMES - TUNGKIL, 49 806418111200049 38.00 50.40 102-2016008131 1,142,700.00 Consolidated to HDMF MINGLANILLA, CEBU LOT 7, BLK 7, PH 2, DECA HOMES - TUNGKIL, (T-157592) 102- 50 864201903280002 38.00 46.40 874,752.00 For consolidation-REM MINGLANILLA, CEBU 2019002475 LOT 24, BLK 10, PH 2, DECA HOMES - TUNGKIL, 51 806418111200098 38.00 52.00 102-2018002660 1,077,800.00 Consolidated to HDMF MINGLANILLA, CEBU LOT 11, BLK 12, PH 2, DECA HOMES - TUNGKIL, 52 864201812210016 52.00 46.40 102-2020006705 1,034,600.00 Consolidated to HDMF MINGLANILLA, CEBU LOT 31, BLK 12, PH 2, DECA HOMES - TUNGKIL, (T-157280) 102- 53 864201903160003 52.00 46.40 1,000,000.00 For consolidation-REM MINGLANILLA, CEBU 2019002106 LOT 28, BLK 13, PH 2, DECA HOMES - TUNGKIL, 54 806418092600071 52.00 46.40 102-2020001147 1,102,600.00 Consolidated to HDMF MINGLANILLA, CEBU LOT 70, BLK 5, PH 3, DECA HOMES - TUNGKIL, 55 806419053000091 38.00 56.40 102-2020002170 1,183,700.00 Consolidated to HDMF MINGLANILLA, CEBU LOT 4, BLK 6, PH 3, DECA HOMES - TUNGKIL, 56 806418122800045 38.00 46.40 102-2017001528 835,373.50 Consolidated to HDMF MINGLANILLA, CEBU LOT 50, BLK 7, PH 3, DECA HOMES - TUNGKIL, 57 806418122800148 38.00 46.40 102-2018001226 970,200.00 Consolidated to HDMF MINGLANILLA, CEBU LOT 2, BLK 15, PH 3, DECA HOMES - TUNGKIL, 58 806419062400058 38.00 52.00 102-2019001065 1,174,900.00 Consolidated to HDMF MINGLANILLA, CEBU LOT 50, BLK 15, PH 3, DECA HOMES - TUNGKIL, 59 806418091700140 38.00 50.40 102-2019002496 1,052,200.00 Consolidated to HDMF MINGLANILLA, CEBU LOT 75, BLK 17, PH 3, DECA HOMES - TUNGKIL, 60 806418091700112 38.00 46.40 102-2017005809 970,200.00 Consolidated to HDMF MINGLANILLA, CEBU LOT 8, BLK 18, PH 3, DECA HOMES - TUNGKIL, 61 806418092600073 38.00 46.40 102-2020001173 970,200.00 Consolidated to HDMF MINGLANILLA, CEBU LOT 3, BLK 26, PH 3, DECA HOMES - TUNGKIL, 62 806419053000075 38.00 46.40 102-2019001081 938,384.00 Consolidated to HDMF MINGLANILLA, CEBU LOT 6, BLK 27, PH 3, DECA HOMES - TUNGKIL, 63 806418091700081 43.00 46.40 102-2018000793 1,031,500.00 Consolidated to HDMF MINGLANILLA, CEBU LOT 7, BLK 27, PH 3, DECA HOMES - TUNGKIL, 64 806418091700129 96.00 46.40 102-2018008078 1,225,600.00 Consolidated to HDMF MINGLANILLA, CEBU LA BIENVENIDA SUBDIVISION, TUNGKOP, MINGLANILLA, CEBU LOT 18, BLK 6, LA BIENVENIDA SUBDIVISION, TUNGKOP, 65 806418092600061 40.00 47.00 102-2019009107 1,058,200.00 Consolidated to HDMF MINGLANILLA, CEBU Buy a property as low as A U C T I O N S A L E DATE OF ACCEPTANCE: 15-19 MARCH 2021 8:00 AM - 5:00 PM P 329,945.00 at the 3rd Flr. Pag-IBIG Fund WT Corporate Tower, Cebu Business Park, Cebu City DATE OF OPENING: 22 MARCH 2021

NOTE: ACCOUNTS UNDER BIR ABATEMENT MAY TAKE SEVERAL YEARS (more or less 5 years) FOR TCT TO BE CONSOLIDATED IN THE NAME OF THE FUND For more information, please visit or call Acquired Assets Division at the 3rd Floor, Pag-IBIG Fund-WT Corporate Tower, Mindanao Ave., Cebu Business Park, Cebu City Globe Landline: (032) 412-2110, Globe mobile no. 0926-0815994 and Smart mobile no. 0943-3615915 or email us at [email protected]; vist our website at www.pagibigfund.gov.ph Buy a property as low as A U C T I O N S A L E P 329,945.00 DATE OF ACCEPTANCE: 15-19 MARCH 2021 8:00 AM - 5:00 PM at the 3rd Flr. Pag-IBIG Fund WT Corporate Tower, Cebu Business Park, Cebu City DATE OF OPENING: 22 MARCH 2021

NOTE: ACCOUNTS UNDER BIR ABATEMENT MAY TAKE SEVERAL YEARS (more or less 5 years) FOR TCT TO BE CONSOLIDATED IN THE NAME OF THE FUND For more information, please visit or call Acquired Assets Division at the 3rd Floor, Pag-IBIG Fund-WT Corporate Tower, Mindanao Ave., Cebu Business Park, Cebu City Globe Landline: (032) 412-2110, Globe mobile no. 0926-0815994 and Smart mobile no. 0943-3615915 or email us at [email protected]; vist our website at www.pagibigfund.gov.ph

Cebu Housing Hub Loans Management and Recovery Department Acquired Asset Management

INSTRUCTION TO BIDDERS

1. Select property/ies from the list of properties available for public auction posted at Pag-IBIG Fund official website (www.pagibigfund.gov.ph).

2. Inspect the chosen property/ies prior to submission of bid offer and determine if there are any unpaid dues on the property/ies. The properties are sold on an “As Is, Where Is” basis, whatever physical/ occupancy status and any fees, dues pertaining to the properties shall be for the account of the winning bidder.

3. Secure 1 copy of the Offer to Bid (For Sealed Public Auction) from the Acquired Asset Counter at the 3rd Floor, Pag-IBIG Fund – WT Corporate Tower, Mindanao Avenue, Cebu Business Park, Cebu City or download the form at www.pagibigfund.gov.ph.

4. Fill out the Offer to Bid and affix signature on the designated portion of the form.

NOTES: a. The bid amount shall in no case be lower than the minimum bid price indicated in the Invitation to Bid b. Selling Price will be based on your bid amount/ offer

5. Bidder shall register and submit/ drop his duly accomplished Offer to bid form, photocopy of valid IDs with 3 specimen signatures, proof of income and Special Power of Attorney together with valid IDs of attorney in fact (if applicable) at the acquired asset frontline counter servicing at the 3rd Floor, Pag- IBIG Fund – WT Corporate Tower, Mindanao Avenue, Cebu Business Park, Cebu in accordance to the schedule date posted.

6. Should the bidder unable to register and submit their bid offer in person, the bidder may designate his/her/their Authorized Representative provided they shall present the following documents:

a. For individual bidder - Notarized Special Power of Attorney (SPA) together with one (1) government issued ID each for the bidder and Authorized Representative.

NOTE: In case the bidder is an OFW, the SPA shall be duly certified and authenticated by the Philippine Embassy or Consulate in the country where the bidder is assigned/working.

b. For juridical entity - Secretary’s Certificate together with one (1) government issued ID each for the bidder and Authorized Representative.

NOTE: The suggested template of the said documents may be downloaded at www.pagibigfund.gov.ph.

7. Upon registration (based on the scheduled date posted), drop the sealed bid envelope to the designated bid box.

8. Cut off time for submission of offer/s is at 5:00 PM. No more bid offer/ s shall be accepted from the unregistered bidder/ s after the cut-off of time and date posted.

9. The opening of sealed envelopes shall be done on the date posted (bidders are not required to attend on the opening date as the IATF still prohibits mass gathering).

10. In case there are identical offers constituting the highest offer on a specific property, the tie shall be resolved by toss coin. However, in case there are more than two (2) highest offerors, the tie shall be resolved through draw lots.

11. The bidder who offers the highest bid shall be declared as the winner. Bidder/s will be informed to pay his 5% bid bond and receive his Notice of Award within 3 working days after the notification.

12. The result of the sealed public auction shall be released and posted in the Pag-IBIG Fund official website at www.pagibigfund.gov.ph. Bidders are encouraged to check the result on the said website.

13. If the winning bidder fails or refuses to push through with the purchase of the property, or fails to pay in full the remaining balance within 30 calendar days from receipt of the Notice of Award (NOA), he shall lose his right as winning bidder and the 5% bidder’s bond shall be forfeited in favor of the Fund.

14. The Fund shall declare the next highest bidder as the winning bidder in case the sale to the original winning bidder is cancelled. He shall be required to pay a down payment of 5% of the offer price within 3 calendar days from notification and the remaining ninety five percent (95%) of his/her bid offer within the approved payment period.

Please be advised that only bidders or Attorney-In-Fact are allowed in the counter servicing to maintain social distancing in the area. You are required to wear face mask and face shield upon entry and provide your personal writing materials. Pag-IBIG Fund reserves the right to suspend the scheduled Sealed Public Auction in the event that provision provided in the IATF requirements are violated.

Special Power of Attorney for Authorized HQP-AAF-119 Representative of Bidder (V01, 06/2017)

SPECIAL POWER OF ATTORNEY

KNOW ALL MEN BY THESE PRESENTS:

I/We ______, Filipino citizen/s, of legal age, single/married, with residence and postal address at ______do hereby name, constitute, and appoint ______, of legal age, single/married, with residence and postal address at ______to be my/our true and lawful Attorney-in-Fact, for me/us in my/our name, place and stead, to do and perform the following acts, to wit:

1. To participate, for and in my/our behalf, in a public auction of Pag-IBIG Fund Acquired Assets scheduled on ______to be held at ______;

2. To make, sign and submit any documents which may be required by the Pag- IBIG Fund subject of my/our participation in public bidding and post-bid documentation thereafter if in case that my/our bid is declared as the winning bid;

3. To receive the Notice of Award issued by the Committee on Disposition of Acquired Assets of Pag-IBIG Fund once my/our bid offer is declared as the winning bid;

4. To receive my/our bidding documents, including the bidder’s bond, from Committee on Disposition of Acquired Assets of Pag-IBIG Fund once my/our bid offer is declared as non-winning/ineligible bid; and

5. To perform other acts that the bidder is required to perform in relation to the said public auction of the Fund.

HEREBY GIVING AND GRANTING unto my/our said Attorney-in-Fact full power and authority to do and perform each and every act which may be necessary or convenient, in connection with any of the foregoing as fully to all intents and purposes as I/We might or could do, if personally present and acting in person, HEREBY RATIFYING AND CONFIRMING all that my said Attorney-in-Fact may also do or cause to be done under and by virtue of these presents.

IN WITNESS WHEREOF, I have hereunto set my hand this ______day of ______, _____ at the Province/City of ______.

______Attorney-in-Fact Bidder

______No.______No.______Date of Issue ______Date of Issue ______Expiry Date ______Expiry Date ______

With marital consent

______

SIGNED IN THE PRESENCE OF:

______HQP-AAF-119 (V01, 06/2017)

ACKNOWLEDGMENT

REPUBLIC OF THE ) PROVINCE/CITY OF ______) S.S.

BEFORE ME, a Notary Public for and in ______, province/city of ______, this ______day of ______, _____, personally appeared the named-persons in this Special Power of Attorney (SPA), who have satisfactorily proven to me their identity through their identifying documents written below their names and signature, that they are the same persons who executed and voluntarily signed the foregoing SPA, duly signed by their instrumental witnesses at the spaces herein provided which they acknowledged before me as their free and voluntary act and deed.

The foregoing instrument which relates to a SPA consists of ______(___) pages including the page on which the acknowledgment is written, has been signed by the parties and instrumental witnesses on all pages thereof, in my presence, and sealed with my Notarial Seal.

WITNESS MY HAND AND NOTARIAL SEAL.

NOTARY PUBLIC

Doc. No. ______; Page No.______; Book No.______; Series of ______.