OWN A PIECE OF BLUE HEAVEN
Rancho Cielos Azules in Xcalak, Quintana Roo
CERTIFICADO DE LIBERTAD DE GRAVÁMEN
This document, dated June 1, 2005 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. Jose N. Irabien Medina.

Secretary of Government
Headquarters of Public Registry of Property and Commerce
State of Quintana Roo

FREE OF LIEN CERTIFICATE

Certification No. 4238

Certified by Lic.. Jose N. Irabien Medina, 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 at12:46 PM on the 1st of June, 2005.

Attentively

“Effective Suffrage Not Reelection”

Lic. Jose N. Irabien Medina

CURP: IAMN-031204HQRRTY04

Director General

I Check And Elaborate

Erika Romo Alba Hernadez

Analyst


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