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Home Development Mutual Fund Davao Housing Hub

Pryce Tower Condominium, Pryce Business Park JP Laurel Avenue , Davao City

INVITATION FOR PUBLIC AUCTION

February 15, 2018

The Home Development Mutual Fund (Pag-lBIG FUND) Davao Housing Hub-Committee on Disposition of Acquired Assets shall conduct a SECOND (2N°) PUBLIC AUCTION fo r the

following ACQUIRED RESIDENTIAL PROPERTIES on February 15, 2018 10:31 AM at Jollibee JP Laurel Avenue Party Area (in front of LandCo Bldg), JP Laurel Avenue, Davao City. A

PRE-BID CONFERENCE will be conducted on the same date at 8:30 AM.

PROPERTY LOCATION OF PROPERTY LOT FLOOR MINIMUM

(DAVAO CITY PROPERTIES) STATUS OF TCT

ITEM NO. BLK LOT DESCRIPTION AREA AREA BID PRICE

CABANTIAN

EMILY HOMES SUBDIVISION

01 82 10 Emily Homes Subdivision , Phase Ill, Cabantian , Davao City 100.00 37.20 913,809.60 HDMF - Consolidated

DECA HOMES SUBDIVISION

02 03 40 Deca Homes Subdivision, Cabantian, Davao City 81.00 35.10 807,660.00 HDMF - Consolidated

03 06 33 Deca Homes Subdivision, Cabantian, Davao City 81.00 35.10 821 ,151 .00 HDMF - Consolidated

04 16 02 Deca Homes Subdivision, Cabantian , Davao City 169.00 75.10 1,721 ,391 .30 HDMF - Consolidated

05 16 12 Deca Homes Subdivision, Cabantian, Davao City 81 .00 35.10 807,660.00 HDMF - Consolidated

06 33 19 Deca Homes Subdivision , Cabantian, Davao City 81 .00 35.10 825,921 .00 HDMF - Consolidated

07 40 15 Deca Homes Subdivision, Cabantian, Davao City 81 .00 35.10 810,351.00 HDMF - Consolidated


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TIGATTO

DECA HOMES SUBDIVISION ESPERANZA

08 66 06 Deca Homes Subdivision Esperanza, Tiqatto, Davao City 95.00 35.10 928,907.10 CTS - For Consolidation to HDMF

09 66 11 Deca Homes Subdivision Esperanza, Tigatto, Davao City 114.00 35.10 1,016,117.1 0 CTS - For Consolidation to HDMF


11 72 06 Deca Homes Subdivision Esperanza, Tigatto, Davao City 80.00 35.1 0 859,157.10 CTS - For Consolidation to HDMF



14 78 26 Deca Homes Subdivision Esperanza, Tigatto, Davao City 80.00 35.10 859 ,1 57.10 CTS - For Consolidation to HDMF

15 78 33 Deca Homes Subd ivision Esperanza, Tigatto, Davao City 80.00 35.10 860,057.10 CTS - For Consolidation to HDMF


SAGO GALLERA

SAMANTHA HOMES - SAGO GALLERA

17 18 36 Samantha Homes, Baqo Gallera, Davao City 72.00 30.60 633,135.96 CTS - For Consolidation to HDMF

18 22 40 Samantha Homes, Bago Gallera, Davao City 72.00 48.10 603,349.20 CTS - For Consolidation to HDMF

19 22 45 Samantha Homes, Baqo Gallera , Davao City 72.00 30.60 531 ,673.20 CTS - For Consolidation to HDMF

MATINA PANGI

SAMANTHA HOMES- MATINA PANGI

20 12 07 Samantha Homes, Matina Pangi, Davao City 80.00 51.25 761,512.50 CTS - For Consolidation to HDMF

21 18 06 Samantha Homes, Matina Panqi , Davao City 87.00 52.75 796,540.50 CTS - For Consolidation to HDMF

22 18 08 Samantha Homes, Matina Panqi, Davao City 80.00 44.00 730,863.00 CTS - For Consolidation to HDMF

~ -·


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SAMANTHA HOMES - MATINA PANGI

23 18 11 Samantha Homes, Matina Pangi, Davao City 80.00 43.25 728,815.50 CTS - For Consolidation to HDMF

24 18 44 Samantha Homes, Matina Panq i, Davao City 84.00 35.75 703,525.50 CTS - For Consolidation to HDMF

CATALUNAN GRANDE

ELENIT A HEIGHTS SUBDIVISION

25 06 41 Elen ita Heights Subdivision , Phase II , Catalunan Grande, Davao City 199.00 24 1.25 3,1 89,058.20 HDMF - Consolidated

ELENIT A HEIGHTS SUBDIVISION GARDEN VILLAS

26 10 12 Elenita Heights Subdivision Garden Villas, Catalunan Grande, Davao City 150.00 45.00 1,212,750.00 HDMF - Consolidated

TUGBOK

DECA HOMES RESORT RESIDENCES SUBDIVISION

27 64 19 Deca Homes Resort Residences Subdivision , Phase I, Tugbok, Davao City 120.00 Lot Only 561 ,600.00 HDMF - Consolidated

28 66 10 Deca Homes Resort Residences Subdivision, Phase I, Tugbok, Davao City 120.00 Lot Only 561 ,600.00 HDMF - Consolidated

29 66 12 Deca Homes Resort Residences Subdivision , Phase I, Tugbok, Davao City 120.00 Lot On ly 561 ,600.00 HDMF - Consolidated

30 66 31 Deca Homes Resort Residences Subdivision, Phase I, Tugbok, Davao City 120.00 Lot Only 561 ,600.00 CTS - For Consolidation to HDMF

31 66 33 Deca Homes Resort Residences Subdivision, Phase I, Tuqbok, Davao City 120.00 Lot Only 561 ,600.00 CTS - For Consolidation to HDMF

32 66 40 Deca Homes Resort Residences Subdivision, Phase I, Tugbok, Davao City 135.00 Lot Only 631 ,800.00 CTS - For Consolidation to HDMF

33 43 23 Deca Homes Resort Residences Subdivision, Phase II , Tuqbok, Davao City 120.00 Lot Only 561 ,600.00 HDMF - Consolidated

34 43 24 Deca Homes Resort Residences Subdivision, Phase II , Tugbok, Davao City 120.00 Lot Only 561 ,600.00 HDMF - Consol idated

35 46 16 Deca Homes Resort Residences Subdivision , Phase II , Tugbok, Davao City 120.00 Lot Only 561 ,600.00 HDMF - Consolidated

36 49 02 Deca Homes Resort Residences Subdivision, Phase II , Tuqbok, Davao City 179.00 Lot Only 837,720.00 HDMF - Consolidated


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37 49 04 Deca Homes Resort Residences Subdivision, Phase II , Tuqbok, Davao City 120.00 Lot On ly 561 ,600.00 HDMF - Consol idated


39 53 28 Deca Homes Resort Residences Subdivision, Phase II , Tugbok, Davao City 120.00 Lot Only 561 ,600.00 HDMF - Consolidated


41 56 21 Deca Homes Resort Residences Subdivision , Phase II, Tuqbok, Davao City 120.00 Lot Only 561 ,600.00 HDMF - Consolidated

42 23 06 Deca Homes Resort Residences Subdivision, Phase Ill , Tugbok, Davao City 110.00 35.1 0 986,220.00 CTS - For Consol idation to HDMF

43 24 17 Deca Homes Resort Residences Subdivision, Phase Ill , Tuqbok, Davao City 11 0.00 35.10 943,380.00 CTS - For Consolidation to HDMF

44 25 18 Deca Homes Resort Residences Subdivision, Phase Ill , Tugbok, Davao City 110.00 35.10 943,380.00 HDMF - Consolidated

45 26 14 Deca Homes Resort Residences Subdivision, Phase Ill , Tugbok, Davao City 11 0.00 35.10 946,521 .00 CTS - For Consol idation to HDMF

46 32 02 Deca Homes Resort Residences Subdivision, Phase Ill , Tugbok, Davao City 101 .00 Lot On ly 472,680.00 HDMF - Consolidated

47 32 04 Deca Homes Resort Residences Subdivision, Phase Ill , Tuqbok, Davao City 110.00 Lot Only 514,800.00 HDMF - Consolidated

48 70 21 Deca Homes Resort Residences Subdivision, Phase IV, Tugbok, Davao City 120.00 35.1 0 990,171 .00 CTS - For Consolidation to HDMF

49 77 24 Deca Homes Resort Residences Subdivision, Phase IV, Tugbok, Davao City 120.00 35 .1 0 1,033,020.00 CTS - For Consolidation to HDMF

50 79 20 Deca Homes Resort Residences Subdivision, Phase IV, Tugbok, Davao City 110.00 Lot Only 514,800.00 CTS - For Consol idation to HDMF

51 79 21 Deca Homes Resort Residences Subdivision , Phase IV, Tugbok, Davao City 110.00 Lot Only 514,800.00 CTS - For Consolidation to HDMF

52 79 53 Deca Homes Resort Residences Subdivision , Phase V, Tugbok, Davao City 110.00 35.10 985,328.10 CTS - For Consolidation to HDMF

53 80 06 Deca Homes Resort Residences Subdivision, Phase V, Tuqbok, Davao City 110.00 35.10 984,428.10 CTS - For Consol idation to HDMF

54 80 09 Deca Homes Resort Residences Subdivision, Phase V, Tugbok, Davao City 110.00 35.10 989,378.10 CTS - For Consol idation to HDMF

55 84 10 Deca Homes Resort Residences Subdivision, Phase V, Tuqbok, Davao City 110.00 35.10 988,478.10 CTS - For Consol idation to HDMF

56 86 06 Deca Homes Resort Residences Subdivision , Phase V, Tugbok, Davao City 110.00 35.10 984,878.10 CTS - For Consolidation to HDMF

57 86 16 Deca Homes Resort Residences Subdivision, Phase V, Tugbok, Davao City 110.00 35.10 943,371.00 HDMF - Consolidated

58 88 02 Deca Homes Resort Residences Subdivision, Phase V, Tuqbok, Davao City 106.00 35.10 971 ,648.10 CTS - For Consolidation to HDMF


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59 89 12 Deca Homes Resort Residences Subdivision, Phase V, Tugbok, Davao City 110.00 35.10 943,380.00 CTS - For Consolidation to HDMF

60 92 05 Deca Homes Resort Residences Subd ivision , Phase V, Tugbok , Davao City 110.00 35.10 943,380.00 HDMF - Consol idated

61 95 23 Deca Homes Resort Residences Subd ivision , Phase V, Tuqbok, Davao City 85.00 35.1 0 815,870.34 HDMF - Consolidated

62 96 19 Deca Homes Resort Residences Subd ivision, Phase V, Tugbok, Davao City 110.00 35.10 981,728.10 CTS - For Consolidation to HDMF

63 97 08 Deca Homes Resort Residences Subd ivision, Phase V, Tugbok, Davao City 110.00 35. 10 976,799.54 CTS - For Consolidation to HDMF

64 100 18 Deca Homes Resort Residences Subd ivision, Phase V, Tuqbok, Davao City 110.00 35 .1 0 986,228.10 CTS - For Consolidation to HDMF

65 103 03 Deca Homes Resort Residences Subd ivision , Phase V, Tugbok, Davao City 120.00 35.10 1,033,028.10 CTS - For Consolidation to HDMF

66 103 12 Deca Homes Resort Residences Subd ivision, Phase V, Tugbok, Davao City 120. 00 35.1 0 1,033,028.10 CTS - For Consolidation to HDMF

67 08 29 Deca Homes Resort Residences Subd ivision, Phase VI, Tuqbok, Davao City 80.00 35.10 798,685.29 CTS - For Consolidation to HDMF

68 09 04 Deca Homes Resort Residences Subd ivision, Phase VI, Tuqbok, Davao City 80.00 35.1 0 798,685.29 CTS - For Consolidation to HDMF -

69 11 4 23 Deca Homes Resort Residences Subd ivision , Phase VII , Tugbok, Davao City 122.00 35.10 1,067,588.10 CTS - For Consolidation to HDMF

TACUNAN

DECA HOMES RESORT RESIDENCES SUBDIVISION PHASE X

70 02 03 Deca Homes Resort Residences Subdivision, Phase X, Tacunan, Davao City 80.00 35 .1 0 845,828.10 CTS - For Consolidation to HDMF

71 02 26 Deca Homes Resort Residences Subd ivision , Phase X, Tacunan, Davao City 80.00 35.10 867,257.10 CTS - For Consolidation to HDMF

72 02 31 Deca Homes Resort Residences Subd ivision , Phase X, Tacunan, Davao City 80.00 35. 10 844,928 .1 0 CTS - For Consolidation to HDMF

73 02 32 Deca Homes Resort Residences Subd ivision , Phase X, Tacunan , Davao City 80.00 35.10 867,257.10 CTS - For Consolidation to HDMF

74 02 33 Deca Homes Resort Residences Subd ivision, Phase X, Tacunan, Davao City 80.00 35.10 844,028.10 CTS - For Consolidation to HDMF

75 02 36 Deca Homes Resort Residences Subd ivision , Phase X, Tacunan, Davao City 80.00 35.10 844,928.10 CTS - For Consolidation to HDMF

76 03 09 Deca Homes Resort Residences Subdivision , Phase X, Tacunan , Davao City 80.00 35.10 845,828.1 0 CTS - For Consol idation to HDMF

77 03 18 Deca Homes Resort Residences Subdivision, Phase X, Tacunan , Davao City 82.00 35.10 854,288.10 CTS - For Consol idation to HDMF


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DECA HOMES RESORT RESIDENCES SUBDIVISION PHASE X

78 05 03 Deca Homes Resort Residences Subdivision, Phase X, Tacunan, Davao City 80.00 35.10 845,828 .1 0 CTS - For Consol idation to HDMF

79 05 04 Deca Homes Resort Residences Subdivision, Phase X, Tacunan, Davao City 80.00 35.10 845,828.10 CTS - For Consol idation to HDMF

80 05 11 Deca Homes Resort Residences Subdivision, Phase X, Tacunan, Davao City 80.00 35.10 858,428.10 CTS - For Consol idation to HDMF

81 06 02 Deca Homes Resort Residences Subdivision, Phase X, Tacunan, Davao City 100.00 35.10 896,580.00 HDMF - Consolidated

82 12 03 Deca Homes Resort Residences Subdivision , Phase X, Tacunan, Davao City 80.00 35.10 845,828 .1 0 CTS - For Consolidation to HDMF

83 13 03 Deca Homes Resort Residences Subdivision , Phase X, Tacunan, Davao City 80.00 35.1 0 845,828.10 CTS - For Consolidation to HDMF

84 14 17 Deca Homes Resort Residences Subdivision , Phase X, Tacunan , Davao City 80.00 35.10 870,407.1 0 CTS - For Consolidation to HDMF

85 15 20 Deca Homes Resort Residences Subdivision, Phase X, Tacunan, Davao City 80.00 35.10 845,828.1 0 CTS - For Consolidation to HDMF

86 15 27 Deca Homes Resort Residences Subdivision, Phase X, Tacunan, Davao City 81 .00 35.10 871,937.10 CTS - For Consol idation to HDMF

87 15 33 Deca Homes Resort Residences Subdivision , Phase X, Tacunan, Davao City 81.00 35.10 848,708.10 CTS - For Consolidation to HDMF

88 16 04 Deca Homes Resort Residences Subdivision, Phase X, Tacunan , Davao City 80.00 35.1 0 845,828.10 CTS - For Consolidation to HDMF

89 16 06 Deca Homes Resort Residences Subd ivision, Phase X, Tacunan, Davao City 80.00 35.1 0 844,028.10 CTS - For Consolidation to HDMF

90 16 14 Deca Homes Resort Residences Subdivision, Phase X, Tacunan, Davao City 80.00 35.10 844,928 .1 0 CTS - For Consolidation to HDMF

91 18 06 Deca Homes Resort Residences Subdivision, Phase X, Tacunan, Davao City 79.00 35.1 0 840,248 .1 0 CTS - For Consolidation to HDMF

92 18 11 Deca Homes Resort Residences Subdivision, Phase X, Tacunan, Davao City 79.00 35.1 0 841,148.10 CTS - For Consolidation to HDMF

93 21 10 Deca Homes Resort Residences Subdivision, Phase X, Tacunan, Davao City 82.00 35.10 812,331 .00 CTS - For Consolidation to HDMF

94 21 16 Deca Homes Resort Residences Subdivision , Phase X, Tacunan, Davao City 80.00 30.25 669,407.10 HDMF - Consolidated

TORIL

ROSALINA VILLAGE Ill

95 03 05 Rosalina Villaqe Ill , Phase Ill , Dumoy, Toril , Davao City 120.00 36.01 763,326.80 HDMF - Consolidated


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DON LORENZO HOMES

96 16 04 Don Lorenzo Homes, Phase II , Upper Piedad, Tori!, Davao City 100.00 33.00 692,181.00 HDMF - Consolidated

GENERAL GUIDELINES

1. Interested parties are required to secure copies of: (a) INSTRUCTION TO BIDDERS (HQP-AAF-104) and (b) OFFER TO BID (HQP-AAF-103) from the office of the Acquired Assets

Management and Disposition Unit of the HDMF, Davao Housing Hub, 4th Floor, Pryce Tower Condominium, Pryce Business Park, JP Laurel Avenue, Davao City or any Member Services

Branch near you or may download the forms at www.pagibigfund.gov.ph (link Disposition of Acquired Assets for Public Auction ).

2. Properties shall be sold on an "AS IS, WHERE IS" basis.

3. All interested buyers are encouraged to inspect the property/ies before tendering their offer/s The list of the properties may be viewed at www.paqibigfund.qov.ph/aa/aa.aspx (Other

properties for sale-Disposition of Acquired Assets for Publ ic Auction).

4 Bidders are also encouraged to visit our website, www.pagibigfund.qov.ph/aa/aa.aspx five (5) days prior the actual auction date, to check whether there are any erratum posted on the 11st of

properties posted under the sealed public auction.

5. Sealed proposals sha ll be received by the Committee on Disposition of Acquired Assets' Secretariat at the designated venue, starting at 10:00 AM but not later than 10:30 AM or upon

declaration of the closing of bid acceptance by the Committee on the scheduled date; the said proposals shall be opened immediately in the presence of the committee and attending

bidders. Bidders are advised to submit their proposals only on the scheduled date of batch. No proposals shall be accepted by the committee earlier or later than the scheduled date.

6 The Bid Offer shall not be lower than the minimum bid amount set by the Fund .

7. Each bid proposal shal l be accompanied by a BIDDER'S BOND either in CASH or MANAGER'S CHECK issued by any commercial bank, in Philippine Currency, payable to Pag-lBIG Fund

for an amount equ ivalent to 10% of the BID PRICE or the BIDDER may opt to pay the BOND starting on February 05, 2017 at the Cash Division, Second Floor Bormaheco, JP Laurel

Avenue, Bajada, Davao City or any Member Services Branch near you and attach the original Pag-lBIG FUND Receipt (PFR) to the bid proposal. It shall likewise serve as the down

payment of the winn ing bidder.

8. The bidder shall state in words and in figures the amount of his bid and his mode of payment, and shall submit a bidder's bond in the amount equivalent to at least ten percent (10%)

of his bid . The bond shall be in Philippine Currency and may be in the form of cash or manager's check payable to the Fund and issued by any commercial or universal bank.

9. 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.

10. 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.


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11. Payment of the remaining ninety percent (90%) bid offer balance may either be thru any of the following modes:

a. Cash - on which the approved purchase price shal l be paid not later than thirty (30) calendar days from date of receipt of Notice of Approval of Sale.

b. Short-Term Installment basis - on wh ich payment shal l be in equal monthly installment inclusive of interest and provided the chosen payment term shall not exceed twelve (1 2) months

subject to an interest based on the Full Risk-Based Pricing Framework for three-year fixing period.

c. Long Term Installment - payment sha ll be in the form of month ly amortization based on the approved term, which may be up to a maximum of thirty (30) years with the following

considerations:

1. Approval and term shall be subject to eligibility requirements stipu lated under the Circular 383 Guidelines on sale of Pag-lBIG FUND Real and Other Properties Acquired;

2. The amount shall be the bidder's bid offer, net of the 10% down payment; 3. In case the appl ication has been disapproved, the 10% bidder's bond sha ll be forfeited in favor of the Fund.

4. The buyer shall be required to fil e his Long term installment application and pay the following incidental expenses within thirty (30) calendar days from receipt of the Notice of Loan

Approval :

a. Processing fee of Three Thousand Pesos (the P1 ,000.00 shall be paid on the auction day while the remaining P2,000.00 shall be paid upon submission of complete

requirements); b. Equity, if applicable; c. One year advance insurance premiums (sales redemption insurance as well as fire and allied peril insurance);

5. In case the Bid Offer, net of the ten percent (10%) bid bond and additional discount, is still higher than the appraisal value of the property, the amount in excess of the appraisal value

shal l be treated as equity. It shall be pa id by the buyer within thirty (30) calendar days upon receipt of Notice of Loan Approva l.

6. Original Borrowers who wish to participate on the Sealed Public Auction shall not be allowed to bid thru long term installment availment. They may only bid thru cash or short term

installment basis.

12. In the absence of a preferred mode of payment as mentioned in Item 9, the default mode is through long-term installment. In case the winning bidder opted to pay through cash or short

term installment, the applicable discount based on the winning bid amount are as follows:

Mode of Payment Discount Rate Cash 20%

Short-Term Installment 10%

Long-Term Installment None

13. The Bidders shall be present at the opening of bids. 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.phlaal aa.aspx (Other properties for sale

•Oisposition of Acquired Assets for Public Auction) b. Secretary's Certificate for company-bidder

14. The Open ing of Bids shall commence from 10:31 AM or upon declaration by the Committee until completion.

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


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tips 16. 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.

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 based on the time of registration of bids.

17. The non-winning bidders' respective bid bonds shall be returned to them immediately together with an Acknowledgment Receipt once a winning bidder has been declared.

18. If the winn ing 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 10% bidder's bond shall be forfeited in favor of the Fund.

19. 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

10% of the offer price within fifteen (15) calendar days from notification and the remaining ninety percent (90%) of his bid price 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.

20. Interested parties may visit the ACQUIRED ASSETS MANAGEMENT AND DISPOSITION UNIT or contact MR. CHRISTOPHER C. PIO, MR. MELVIN I B. CRUZ, MR. LAURENCE EDSEL

L. YAP or MS. MARILOU C. BAQUEROSA at telephone no. (082) 224-4733. You may also email your inquiries for further details at [email protected] .

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.

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)ruhforvxuh3klolsslqhv frp - all foreclosed properties in … · 2021. 1. 15. · (davao city...

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