· L D~TE • ~RE1S ~ !40. O_f' UNITS May 23, 2019 Tacloban Citv, Levte 19 Palo, Levte 3 Tanaun,...

For 1st and 2nd Public Auction

(Cebu Housing Hub)

INVITATION TO BID

(May 23, 2019)

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

The Pag-lBIG Fund Committee on Disposition of Acquired Assets shall conduct a public auction for the sale of acquired properties at G/F, Activity Area, Robinsons North, Abucay, Tac/oban City. Leyte on:

L •

D~TE ~RE1S ~

!40. O_f' UNITS May 23, 2019 Tacloban Citv, Levte 19

Palo, Levte 3 Tanaun, Levte 1

Julita, Leyte 1 Macarthur. Levte 2 Abuyoq, Levte 6

Paranas, Samar 1 Jiabonq, Samar 11

Catbalogan. Samar 3 TOTAL 47

GENERAL GUIDELINES

1. Interested parties are required to secure copies of OFFER TO BID (HQP-AAF-103) from the Technical Working Group (TWG) on the venue or may download the form at www.pagibigfund.qov.ph.

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 for public auction may be viewed at www.pagibigfund.gov.ph/aa/aa.aspx.

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

5. Bidders are advised to approach the Technical Working Group (TWG) for registration of their attendance on the system during the auction. Only bid offers from registered bidders shall be accepted.

6. Sealed proposals shall be received by the Committee on Disposition of Acquired Assets' Secretariat at the designated venue, starting 10:00 AM but not later than 12:00 PM 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.

7, 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.

8. 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.

9. Each bid proposal shall be accompanied by a BIDDER'S BOND either in CASH or MANAGER'S CHECK issued by any commercial bank or un, in Philippine Currency, payable to Pag-lBIG Fund for an amount equivalent to 10% of the BID OFFER. It shall likewise serve as the down payment of the winning bidder.

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.

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 shall be paid not later than thirty (30) calendar days from

date of receipt of Notice of Award (NOA). b. SHORT-TERM INSTALLMENT - on which payment shall be in equal monthly installment inclusive of

interest 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 383

Guidelines on Sale of Pag-1 BIG Fund Real and Other Properties Acquired;

https://www.foreclosurephilippines.com

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c.2. The amount shall be the bidder's bid offer, net of the 10% down payment:

HOP-AAF-101 (V01. 11/2018)

c.3. In case the application has been disapproved due to bidder's fault, the 10% bidder's bond shall be forfeited in favor of the Fund.

c.4. The buyer shall be required to file his/her Long-Term Installment application and pay the following incidental expenses within thirty (30) calendar days from auction date: - 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.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 shall be treated as equity. It shall be paid by the buyer within thirty (30) calendar days from auction date.

c.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. Additional discounts shall be given to winning bidders of Second Sealed Public Auction depending on their chosen mode of purchase, as follows:

MODE OF PAYMENT ADDITIONAL DISCOUNT

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. b. Secretary's Certificate for company-bidder

NOTE: The template of the said documents may be downloaded at www.pagibiqfund.qov.ph/aa/aa.aspx.

14. The Opening of Bids shall commence from 12:01 PM or upon declaration by the Committee until completion.

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

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.

17 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.

18. 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.

19. 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 10% bidder's bond shall be forfeited in favor of the Fund.

20. 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 15 calendar days from notification and the remaining ninety percent (90%) 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 lies shall be applied.

21 . Interested parties may visit the Pag-lBIG Fund Tacloban MSB Office, 3rd Floor, Robinsons North, Brqy. 91, Abucay, Tacloban City, Leyte / Loans Management and Recovery Department - Acquired Asset Management at the 3rd Floor, Paq-lBIG FUND - WT Corporate Tower, Mindanao Avenue. Cebu Business Park, Cebu City or contact MR. ANGELO E. HERMOSISIMA: MS. JERRA MAE D. PACINIO AND MS. JOSIEPHINE U. LUNDAY 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].

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 BIN G.

. DIAZ s

OU s ~ Acquired Assets


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FIRST SEALED PUBLIC AUCTION (WITHOUT DISCOUNT)

VILLA INES SUBDIVISION UTAP TACLOBAN CITY LEYTE

1 807019012900028 5429-E-4 224.00 T-66928 784,000.00 for consolidation REM

2 807019012900033 5429-E-5 208.00 T-63285 728,00000 for consolidation REM

UT AP TAC LOBAN CITY LEYTE

3 8023431414 2499-C-3-B-6-200.00 130.00 T-61736 1,287,720.00 for consolidation REM B

4 8023373815 2-E 655.00 T-61400 1,179,000.00 for consolidation REM

CAIBAAN TAC LOBAN CITY LEYTE

5 802337081 1 5419-G-1 247.00 122-2013000803 518,700.00 consolidated to HDMF

6 8023381319 4 200.00 T-41399 1,000,000.00 for consolidation REM

7 8023404018 3105-A-1-E 200.00 T-6885 560,000.00 for consolidation REM

GREENVILLE SUBDIVISION MARASBARAS TACLOBAN CITY LEYTE

8 8023425018 352.00 T-56373 985,600.00 for consolidation REM

BANEZ VILLE SUBDIVISION MARASBARAS TACLOBAN CITY LEYTE

9 807018091700092 7-8-14-B 121.00 88.00 T-70363 1,700,776.00 for consolidation REM

RAINBOW VILLAGE SUBDIVISION SAN JOSE TAC LOBAN CITY LEYTE

10 8023387717 3582-A-13 20400 122-2013000804 428,400.00 consolidated to HDMF

11 807019012900029 3592-D 210.00 T-64806 441,000.00 for con sol ida tion REM

12 8023402714 4 220.00 122-2012000151 462,000.00 consolidated to HDMF

13 8023433217 10 178.00 T-64763 373,800.00 for consolidation REM

RJD HOMES SUBDIVISION SAN JOSE TACLOBAN CITY LEYTE

14 807018091700027 5 54.00 44.24 T-49447 362,673.00 for consolidation REM

BALOC SAN JOSE TAC LOBAN CITY LEYTE

15 8023410317 1956-G 250.00 T-55746 525,000.00 for consolidation REM

SAN JOSE T ACLOBAN CITY LEYTE

16 8023435216 1948-A 330 00 T-57370 825,000.00 for consolidation REM

SPRINGWOODS SUBDIVISION NULA-TULA TACLOBAN CITY LEYTE

17 8023433510 3 2 150.00 122-2012000512 420,000.00 consolidated to HDMF

DEECO SUBDIVISION APITONG TACLOBAN CITY LEYTE

18 8023391516 2564-8-2-Q 150.00 T-62749 450,000.00 for consolidation REM

19 8023429819 2564-8-2-0 150.00 T-41205 450,000.00 for consolidation REM

20 807018092800181 61.00 47.25 TP-17366 539,705.00 for consolidation CTS

21 807018092800072 79.00 36.00 TP-16335 556,003.53 for consolidation CTS

1 ·

22 807019012900049 115-2017000868 consolidated to HOMF

- ~

807019012900001 5251-0 2,663.00 T-34713 1,597,800.00 consolidated to HDMF

SECOND SEALED PUBLIC AUCTION {WITH APPLICABLE DISCOUNT)

PALO, LEYTE

24 807018080700003 10 2 2 64.00 52.00 TP-17775 698,449.10 for consolidation CTS


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RUOROSE VILLAGE SUBDIVISION TUYO MACARTHUR LEYTE

25 807018092800222 12 6 75.00 30.00 TP-18487 532,764.00 for consolidation CTS


27 807018092800196 14 4 120.00 TP-19885 248,400.00 for consolidation CTS


29 807018092800218 22 5 14000 TP-19915 289,800.00 for consolidation CTS




468,000,00 for consolidation CTS

. 34 807018080700014 13 1 100.00 36.00 T-10722 196,944.66 for consolidation CTS

35 807018080700004 20 3 100.00 30.00 T-10757 205,272.00 for consolidalion CTS

36 807018080700009 11 7 135.00 30.00 T-10801 220,220.64 for consolidalion CTS

37 807018080700001 12 7 100.00 30.00 T-10802 193,445.64 for consolidation CTS



40 807018080700016 3 9 149.00 30,00 T-10823 210,182.22 for consolidation CTS

41 807018080700017 4 9 147.00 30,00 T-10824 210,538.44 for consolidation CTS



44 80701808070001 1 10 9 120.00 30.00 T-10830 187,997.22 for consolidation CTS

45 807018080700021 36 2 191.00 118-2011000073 567,270.00 consolidated to HDMF

VGA SUBIDVISION IGUID CATABALOGAN WESTERN SAMAR

46 807018092800018 6 2 116,00 60.00 T-12743 1,172,772 00 for consolidation CTS

47 807018080700023 4 4 100.00 36.00 T-12761 1,095,666.00 for consolidation CTS


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~' ..., -,_ . -~ Acquired Assets ••• ~

AUCTION SALE Ma 23, 2019 (9:00 A .M .)

G/ F, Activity Area, Roiinsons North, Abuca y, Tacloban City

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Min. Bid Price: P 784,000.00 • Lee .. ~ ..... ,... ...

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Min. Bid Price. 12 728,000.00

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Min. Bid Price: P 1,287,720.00

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Q ......... ~..... '4700~ 0.- - 11 ... • "' Ufl'O(CU.- ID

Min. Bid Price: P 518,700.00 ;;~~ ·= .. ~~ ......... ·" u...,,..,.:.. I Min. Bid Price: 12 1,000,000.00

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Min. Bid Price: P 560,000.00 ..... 1d•--~ .,._..,_~oi.u,,.w Q ... -. .,_.~... UJ_,._

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Min. Bid Price: 12 985,600.00

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Min. Bid Price: P 1,700,776 00

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Min. Bid Price: 12 428,400 00

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Min. Bid Price: ?441,000.00

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Min. Bid Price: P 462,000.00

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Min. Bid Price: 12 362,67l00

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Min. Bid Price: 12 525,000.00

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Min. Bid Price. P 420,000.00

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Min. Bid Price. 12 539,705.00

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Min. Bid Price: 12 532,764 00

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" Min. Bid Price: P 248,400.00

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Mio, Bid Price: 12 289,800.00

.... Min. Bid Price: 12 207,000.00

Min. Bid Price: 12 351,713.52

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lidw.aid Price; 12196,944.66

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. -Min. Bid Price: 12 205,272.00

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Min. ·Bid Price:0

P 220,220.64

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Min. Bid Price: 12 1931445.64


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Min Bid Price: P-208,745.64

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Min Bid Price: P 187,997.22

Min Bid Price: P 567,270.00

. -Min Bid Price: P 1,095,666.00

For more informat ion please c<1II LMRD - Acquired Asset D1vls1on - Cebu Housing H ub • PLOT Landline: (032) 260· 1800/ Globe L<1ndltne: (032) 412·2173 or email us at cebulmrd [email protected] ov ph or v isit our website at www.pa91b1g f und.gov.ph


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(November 2012)

OFFER TO BID

__________________ Date

Attention: COMMITTEE ON DISPOSITION OF ACQUIRED ASSETS Sir/Madam: Relative to your “INVITATION TO BID” (Sale of acquired properties) published in the newspaper/Pag-IBIG website to be held on _____________ at ________________________________________________ I/We have the honor to submit the following proposal, subject to the terms and conditions contained in the “Invitation to Bid” and “Instruction to Bidders & General Guidelines”:

1. Location of the Property: _____________________________________ 2. Property No. _____________________ TCT/CCT No ____________ 3. Bid Price: _______________________________ (P_______________) 4. Bid Bond (10% of Bid Price): _______________________ (P___________) 5. Mode of Payment: Cash Installment Housing Loan 6. Former Owner: Yes No 7. Pag-IBIG Member Yes No

I/We enclose my/our CASH payment/s or MANAGER’s CHECK payable to the Pag-IBIG FUND, as bidder’s bond in the amount equivalent to 10% of the bid price. The said deposit shall be returned if my/our proposal is deemed unsuccessful, or applied as part of the payment if my/our bid is declared as winning bid by the Pag-IBIG FUND. I/We further agree that Pag-IBIG Fund has no commitment and makes no guaranty to approve the offer, as it is understood to be subject to final approval by the Pag-IBIG Fund’s approving authorities. Vey truly yours, ________________________ BIDDER

Bidder Information:

NAME OF BUYER/AUTHORIZED REPRESENTATIVE DATE OF BIRTH (mmddyyyy) Last Name First Name Name Extension (e.g. Jr., III) Middle Name Maiden Name

SSS/GSIS ID NO. TAXPAYERS IDENTIFICATION NO. (TIN) Pag-IBIG MID NO. COMMON REFERENCE NO. (CRN) PERMANENT HOME ADDRESS CONTACT DETAILS

(Indicate country code if abroad) COUNTRY + AREA CODE TELEPHONE NO. Home Tel. No. Cellphone No. Employer/Business Tel. No. Email Address

Unit/Room No., Floor Building Name Lot No., Block No., Phase No. or House No. Street Name

Subdivision Barangay Municipality/City Province and State Country (if abroad) ZIP Code

PRESENT HOME ADDRESS Unit/Room No., Floor Building Name Lot No., Block No., Phase No. or House No. Street Name


EMPLOYER/BUSINESS NAME EMPLOYER/BUSINESS ADDRESS Unit/Room No., Floor Building Name Lot No., Block No., Phase No. or House No. Street Name PREFERRED MAILING ADDRESS

Permanent Home Address Present Home Address Employer/Business Address


HQP-AAF-103

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ITJITJI I I I I

DI I DI I DI I I I

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Loans Management and Recovery Department Acquired Assets Division

Cebu Housing Hub

INSTRUCTION TO BIDDERS

1. Sign the Attendance Sheet during the public auction.

2. Secure 1 copy of the Offer to Bid (For Sealed Public Auction) from the Technical Working Group (TWG)

on the scheduled date of Auction at the announced Venue.

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

4. Insert the accomplished Offer to Bid in an envelope together with the bidder’s bond, and seal it.

NOTES:

a. Each bid must be accompanied by a bidder’s bond in the form of cash or manager’s check issued

by any commercial bank, payable to the Pag-IBIG Fund in the amount equal to at least ten percent

(10%) of the bid price. Such deposit shall serve as the winning bidder’s down payment or shall

be returned to the non-winning bidder, without interest, upon completion of the public auction.

Sample Computation:

Minimum Bid Price : P 300,000.00 (Pag-IBIG Fund)

Bid Amount : P 400,000.00 (higher than the minimum bid price)

(Bid Amount) x 10%

(P 400,000.00) x .10

Bidder’s Bond : P 40,000.00

b. The bid amount shall in no case be lower than the minimum bid price determined by the Fund

indicated in the Invitation to Bid.

5. Submit the sealed envelope at the announced venue from 10:00 AM to 12:00 PM of the scheduled date

for sealed public auction.


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HQP-AAF-119 (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:

____________________________ ____________________________

Special Power of Attorney for Authorized Representative of Bidder


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

ACKNOWLEDGMENT

REPUBLIC OF THE PHILIPPINES) 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 __________.


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· L D~TE • ~RE1S ~ !40. O_f' UNITS May 23, 2019 Tacloban Citv, Levte 19 Palo, Levte 3 Tanaun,...

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Transcript of · L D~TE • ~RE1S ~ !40. O_f' UNITS May 23, 2019 Tacloban Citv, Levte 19 Palo, Levte 3 Tanaun,...