Clear Title (Certificado de Libertad de Gravámen)

This document, dated March 23, 2009 is provided by the State of Quintana Roo and reflects there are no liens or encumbrances related to the property. In other words, it reflects a clear title. See below for a more complete translation. We apologize for the quality of this reproduction but it is a scan of a fax from our accountant in Chetumal. We’ll be glad to provide a more legible version upon request. It’s interesting to see what appears to be something of a campaign slogan just above the signature of Lic. VICTOR E. BOBTA PINEDA,.

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Secretary of Government

Headquarters of Public Registry of Property and Commerce

State of Quintana Roo

FREE OF LIEN CERTIFICATE

Certification No. 34615

Certified by Lic.. VICTOR E. BOBTA PINEDA, Director General of the Public Registry of the Property and of the Commerce of the State.

IT CERTIFIES

That, after carrying out a meticulous review in the files of this office, did not locate any lien or encumbrance related to the unwharf inscribed in folio 2329 of the office Chetumal with domicile in street: Rancho El Gavilan, Majahual-Xcalak Coast Highway – Lot: 16.

In favour of:

Holder

Percentage of Property

Type of Real Right

ANSYL S.A. DE C.V.

100

TOTAL

This presented at the request of the interested one, in the City of Chetumal, Quintana Roo at 10:44 AM on the 23rd of March, 2009.

Attentively

“Effective Suffrage Not Reelection”

Lic. VICTOR E. BOBTA PINEDA,

DIRECTOR GENERAL OF THE REGISTRY OF PUBLIC PROPERTY

I Check And Elaborate

Erika Romo Alba Hernadez

Analyst

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See our web page we use to promote rentals at Cielos Azules. You’ll find quite a few more addtional photos and read more about the property. For additional information email mediakzar@aol.com.