DEED OF CONDITIONAL SALE

KNOW ALL MEN BY THESE PRESENTS:

This DEED OF CONDITIONAL SALE, made and executed on this _______
day of _____________________ 2010 in ___________________________, by
_____________________________, Filipino, of legal age,
married and with residence address at ________________________,
hereinafter referred to as the VENDOR;
in fa!or of
_________________________, Filipino, of legal age, married,
and with postal address at ___________________________________,
hereinafter referred to as the VENDEE.
WITNESSETH, That:
WHEREAS, the VENDOR is the registered owner of a certain parcel of land
situated in "rgy# $outh Triangle, %iliman %istrict, &ue'on (ity, and co!ered by
Transfer (ertificate of Title )*T(T+, -o# -2./021 of the 2egistry of %eeds for
&ue'on (ity, free from any liens and encumbrances and more specifically described
as follows3
*4 parcel of land )lot 11" of the subd# plan 5su1/006.2/,
being a portion of lot 11, "l7# $8 "sd0/96", :2; 2ec# -o# 0981,,
situated in "rgy# $outh Triangle, %iliman %ist#, &ue'on (ity, <etro
<anila# "ounded on the -=#, along line 12 by lot 1; on the $=#, along
line 2/ by lot 12, both of "l7# $8 "sd0/96"; on the $>#, along line
/1 by $cout "orromeo $treet )20 m# wide, $outh 1
th
$treet; and on the
->#, along line 11 by lot 114 of the subd# plan x x x; containing an
area of -?-= @A-%2=% -?-=TB T@2== $&A42= <=T=2$ 4-%
-?-=TB $&A42= %=(?<=T=2$ )../#.0,# x x x#+
WHEREAS, the VENDOR has agreed to $=::, (=%=, T24-$F=2 and
(;-C=B the abo!edescribed property to the VENDEE for !aluable consideration
as hereunder stated, and the VENDEE has agreed to "AB and 4(&A?2= the same
for the stated consideration#
NOW, THEREFORE, for and in consideration of the foregoing premises and
of the terms and conditions hereinafter set forth, 542T?=$ ha!e agreed as follows3
1# The total contract price for the abo!edescribed parcel of land is
TWENTY MILLION PESOS (P2,,.!.
2# The total contract price of TWENTY MILLION PESOS
(P2,,.! shall be paid according to the following schedule3
2#1 ONE MILLION PESOS (P",,.!, which
C=-%;2 hereby ac7nowledges to ha!e recei!ed from the
C=-%==, and which amount shall be applied as partial payment of
the total contract price#
2#2 The balance of NINETEEN MILLION PESOS
(P"#,,.! shall be paid upon release of C=-%==Ds loan at
___________________ "an7, which shall not be more than
_________________ )___, days from the signing of this %eed#
/# C=-%;2 understands that C=-%== shall offer the herein subEect
property to ____________________ "an7 as collateral for a loan that it is applying
for# C=-%;2 underta7es to extend its full cooperation in executing and submitting
all necessary documents as may be reFuired by the "an7 for purposes of processing
the C=-%==Ds loan application# $uch cooperation includes, but is not limited to the
execution of the %eed of 4bsolute $ale and the transfer of registration of title in the
name of C=-%== after C=-%;2D$ receipt of -otice from the "an7 that the loan
has been appro!ed and the :etter of Guarantee will be issued in fa!our of C=-%;2#

1# ?t is understood that (apital Gain Tax shall be for the account of the
C=-%;2# %ocumentary $tamps Tax, Transfer Tax, and 2egistration Fees and other
miscellaneous fees or expenses for the transfer of the title in the name of the
C=-%== shall be for the exclusi!e account of the C=-%==#
IN WITNESS WHEREOF, the PARTIES hereto ha!e set their hands on the
date and at the place first abo!e written#
________________________ __________________________
Vendor Vendee
$?G-=% ?- T@= 52=$=-(= ;F3
1# _________________________ 2# __________________________
ACKNOWLED$MENT
2=5A":?( ;F T@= 5@?:?55?-=$,
______________________________, $#$#
BEFORE ME, a -otary 5ublic for and in ___________________________,
on this _____ day of ___________________ 2010, personally appeared the following
persons with their respecti!e go!ernmentissued ?dentification (ards, bearing their
photographs and signatures, to wit3
2
Name I.D. Nos. Place/Date of Issue
7nown to me to be the same persons who executed the foregoing DEED OF
CONDITIONAL SALE, consisting of three )/, pages, including this page whereon
the 4c7nowledgment is written and signed by all the parties and their two )2,
instrumental witnesses on each and e!ery page thereof#
WITNESS MY HAND AND NOTARIAL SEAL on the date and at the place
first hereinabo!e written#
%oc# -o# _____;
5age -o# _____;
"oo7 -o# _____;
$eries of 2011#
/