I hereby certify that all information herein are true and correct based on my own knowledge and further authorize the Bank to obtain information as it may require concerning my loan application and agree that it shall remain the Bank's property whether my loan is approved or not. Any information given by me or other persons I authorized which is not true or accurate, will automatically cause the Bank to reject my loan or cancel its approval.

I hereby willingly, voluntarily, and with full knowledge of my right under the law, waive the right to confidentiality of information and authorize the Bank to disclose, divulge and reveal any such information relating to the account of the Borrower/Mortgagor, including events of default, for the purpose of, among others, client evaluation, credit reporting or verification and recovery of the obligation due and payable to the Bank under the terms and conditions of this agreement.

In view of the foregoing, the Bank may disclose, divulge and reveal the aforementioned information to third parties, including but not limited to my employer, the Bank's affiliates, subsidiaries, agents or services providers, the Bankers' Association of the Philippines - Credit Bureau (BAP - CB) or to any similar central monitoringentity or recipients as provided for by law and required by competent authority.

I further authorize the Bank, as my Attorney-in-Fact, to conduct random verification with the Bureau of Internal Revenue (the "BIR") in order to establish the authenticity of my Tax Statements (the "ITR") and the accompanying financial statements/documents submitted to the BANK in accordance with banking regulatory requirements.

I hold the Bank free and harmless from any and all liabilities, claims and demands of whatever kind or nature in connection with or arising from the aforementioned disclosure or reporting.

I hereby acknowledge that the Loan or any part(s) thereof shall be deemed to have been availed on the date on which funds are transferred to my bank account maintained with the Bank, or receipt of the Manager's Check reflecting the amount of the loan less applicable fees, charges and taxes.

I further authorize the Bank to deduct from my Loan proceeds all fees including, but not limited to, processing fees, documentary stamp tax, notarial fees and interest accruals should the first due date be over 30 days from the release of my loan and other related charges.

I/We also agree that the appraisal report will be forwarded directly to the Bank for its sole use only.

I likewise authorize the Bank to provide me with a consumer loan or additional bank product/s (such as but not limited to auto, personal loan, credit card and other products suited to my situation) at the Bank's sole discretion. My acceptance of the credit card or the proceeds of any loan released pursuant thereto shall be conclusive proof of my acknowledgement of my additional obligations and/or indebtedness to the Bank under the Terms and Conditions set forth by the Bank and prevailing at the time the credit card is issued or the additional loan is approved.

I hereby agree that should my application be denied, the Bank has no obligation to furnish the reason for such rejection or to return my application and other submitted documents.

I/We further certify that the proceeds of the loan, if this application is approved, will be used solely for the purpose stated in this application.

The foregoing shall continue to be in full force and effect until my/our loan obligation with the Bank has been fully extinguished.  This authority shall also cover subsequent renewals, extensions, increase and availments and/or re-availments of my/our loan accommodation with the Bank.

I also legally bind myself to the Terms and Conditions of the Promissory Note, Disclosure Statement and other relevant documents that I shall execute in favor of the Bank.