Properties located in CAGAYAN VALLEY REGION Cagayan, Isabela, Nueva Vizcaya and Quirino

ITEM PB8 - House and Lot

Title ID : 20488

Lot Area: 323.00 sqm.

TCT # 032-2014000342

Lot 74-A, Centro Sur,,

Gattaran, Cagayan

Min. Bid Price :

1,299,200.00

ITEM PB9 - Vacant Lot

Title ID : 15964

Lot Area: 203.00 sqm.

TCT # TD10004(14007-

00229)

Lot 317, Baua, Gonzaga,

Cagayan

Min. Bid Price : 30,450.00

ITEM PB10 - Palay/ Corn

Land

Title ID : 11103

Lot Area: 899.00 sqm.

TCT # 032-2012004477

Lot 5962, Bo. Alaguia,, Lallo,

Cagayan

Min. Bid Price : 13,485.00

ITEM PB11 - Not Specified

Title ID : 10407

Lot Area: 500.00 sqm.

TCT # T-138261

Lot 4-A, San Pedro, Lasam,

Cagayan

Min. Bid Price : 45,000.00

ITEM PB12 - Lot Only

Title ID : 9760

Lot Area: 1,605.00 sqm.

TCT # T-92768

Lot 1393 Pls-149, Barrio Of

Maguilling, Piat, Cagayan

Min. Bid Price : 32,100.00

ITEM PB13 - Not Specified

Title ID : 4115

Lot Area: 3,084.00 sqm.

TCT # T-2387

Lot 1504, Aquib, Piat,

Cagayan

Min. Bid Price : 155,649.48

ITEM PB14 - Agricultural

Title ID : 16257

Lot Area: 7,351.00 sqm.

TCT # T-7084

Lot 649, Illuru, Rizal,

Cagayan

Min. Bid Price : 33,079.50

* Acceptance of bids will be on December 13, 2014, from 8:00-9:00 AMonly, at the 16 participating PNB Branches (see list).

* The winning bidder shall be based on the complying bid with the highest net proceeds to the Bank and in accordance with the Terms of Reference

* Sale is in accordance with the terms and conditions specified in the PNB Purchase Proposal

* In the event that the highest complying bidder fails to comply with the specified payment terms on the Purchase Proposal,

the deposit shall be forfeited as penalty

* DEPOSIT: 10% OF OFFER PRICE - (CASH or MANAGER'S CHECK only)

* The Bank reserves the right at anytime to pull out or update status of the properties in the event discrepancies are found.

* Inadvertent misprints shall not alter the property's factual condition nor shall they be deemed as a misrepresentation of the property

* PRICE & STATUS OF THE PROPERTIES ARE SUBJECT TO CHANGE WITHOUT PRIOR NOTICE

* PROPERTIES FOR SALE ARE ON AN "AS IS WHERE IS BASIS". Prior to the bidding, bidders are advised to exercise due diligence on the physical and legal conditions of the property.

* Brokers/Referrers of bidders need to be present during the bidding to be eligible for commission

TERMS OF PAYMENT

1. Cash

2. Installment

A. For REGULAR SALE

- fixed 6% interest rate up to 5 years

- fixed 8% interest rate up to 5 to 10 years

B. For PABAHAY BONANZA Program

(properties 5M & below; with 20% deposit requirement)

- fixed 6% interest rate up to 10 years

- fixed 8% interest rate up to 10 to 20 years

Fora copy of the

BIDDING TERMS OF REFERENCE

Email: bautistapjc@pnb.com.ph

ancayanmcd@pnb.com.ph

macadamianb@pnb.com.ph

Trunklines: (02) 891-6040

(02) 526-3131

Locals: 4956, 4290 & 4858

December 13, 2014

Saturday • 8:00 am to 9:00 am

Come to any of the 16 PNB Branches located in Region 2

See back for list of branches

Properties located in CAGAYAN VALLEY REGION

Cagayan, Isabela, Nueva Vizcaya and Quirino