DEED OF ABSOLUTE SALE

KNOW ALL MEN BY THESE PRESENTS:

This DEED OF ABSOLUTE SALE made and executed by and between:

ANTONIO CYRIAN T. GONZALES, of legal age, Filipino and resident of Tagum, Davao, hereinafter referred to as the VENDOR;-AND-

______________________, a corporation duly organized and existing under the laws of the Philippines with office at ____________________________, represented in in this act by _________________, hereinafter referred to as the VENDEE;

WITNESSETH: That:

WHEREAS, the VENDOR is the registered owner of a parcel of land located at Poblacion/District 1, Tagum, Davao with an area of THREE THOUSAND NINETY FOUR (3,094) SQUARE METERS covered by Transfer Certificate of Title (TCT) No. T-59212 issued by the Registry of Deeds for the Province of Davao del Norte, and more particularly described as follow:TCT NO. T-59212

A parcel of land Lot 397-D-3-B-1, Psd-11-023170 being a portion of Lot 397-B-3-B, Psd-11-xxxx; situated in the Barrio of Magugpo, Mun. of Tagum, Province of Davao xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxCad-276, Tagum Cadastre, on the S., alongxxxxxxxxxxxxxx

xxxx SW. along line 5-6-7 xxxxxxxxxxxxxxxxx of the subdivision plan, on the NE., along line 2-3 by Lot 396, cadxxxxxxxxxxxxxxxxxxx beginning at a point marked 1 on plan being N. 70 deg. 37E., 529.08 m. from B.L.L.M. No. 2, Cad-276, Tagum Cad. thence

N.56 deg. 49W., 34.60 m. to point 2;

N. 65 deg. 01E., 68.56 m. to point 3;

S. 9 deg. 03E., 102.14 m. to point 4;

S. 88 deg. 44W., 10.00 m. to point 5;

N. 9 deg. 03W., 20.00 m. to point 6;

S. 88 deg. 44W., 15.52 m. to point 7;

N. 1 deg. 22W., 20.65 m. to point 8;

N. 56 deg. 49W., 24.00 m. to point of beginning;

Containing an area of THREE THOUSAND NINETY FOUR (3,094) SQUARE METERS, more or less. All points referred to are indicated on the plan and are marked on the ground as follows: xxx xxx.

WHEREAS, the VENDORS agreed to sell and VENDEE agreed to purchase the Subject Property.

WHEREAS, the Parties to this Deed of Absolute Sale have agreed that all taxes, fees, assessments and other charges, except transfer fees and registration expense, in connection with the sale, cession, transfer and conveyance of the Subject Property, including, but not limited to, capital gains tax, documentary stamp tax, value-added tax, sale and transfer tax, shall be for the account of the ____________.

NOW, THEREFORE, for and in consideration of the foregoing premises, and the amount of PESOS: _____ MILLION ____________THOUSAND ( P ________________), Philippine Currency, actual and full receipt of which is hereby acknowledged by the VENDOR, the VENDOR hereby SELLS, CEDES, TRANSFERS and CONVEYS unto VENDEE, its successor and assigns the above Subject Property including all improvements thereto , free from all liens and encumbrances;

The VENDOR warrants that he is the lawful owner of the Subject Property and have the right to dispose the same in favor of the VENDEE and by these presents, hereby undertake to defend the VENDEE and whatever legal rights or interest so acquired by the VENDEE from any claims by any third persons whatsoever;

The parties further manifest and agree that except for transfer fees and registration expenses which shall be for the account of the VENDEE, the VENDOR shall be accountable for and pay for all other taxes, fees, assessments and other charges in connection with the sale, cession, transfer and conveyance of the Subject Property, including but not limited to, capital gains tax, documentary stamp tax, value-added tax, sale and transfer tax;

IN WITNESS WHEREOF, the parties have hereunto set their hands and affixed their signature this ________________________________________.

_________________________Vendee

TIN: ________________

By:

_______________________________

ANTONIO CYRIAN T. GONZALES

___________________

Vendor

TIN:____________________

SIGNED IN THE PRESENCE OF

_______________________________ _____________________________

ACKNOWLEDGMENT

REPUBLIC OF THE PHILIPPINES)

) S.S

BEFORE ME, a Notary Public for in the above jurisdiction, this _____________, personally appeared:

NAMECOMP. EVID. OF IDENTITYDATE/PLACE ISSUED

ANTONIO CYRIAN T. GONZALES_____________________________________________

_____________________________________________

known to me to be the same persons who executed the foregoing instrument and they acknowledged to me that the same is their own free and voluntary act and deed and of the corporation herein represented.

This instrument refers to DEED OF ABSOLUTE SALE over one parcel of land y consisting of three (3) pages, including this acknowledgment signed by the parties and instrumental witnesses on all pages.

WITNESS MY HAND AND SEAL on the date and at the place first written above.

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