REPUBLIC OF THE PHILIPPINES) Province of La Union) S.S.

City of San Fernando) x-----------------------x DEED OF ABSOLUTE SALE KNOW ALL MEN BY THESE PRESENTS: This Deed of Absolute Sale made and entered into by and between: RENATO G. AGUSTIN, of legal age, Filipino, married, and a resident of Pagdaraoan, San Fernando City, La Union, Philippines, (hereinafter referred to as the "VENDOR"); - and SPOUSES PABLO D. GURTIZA, JR. and ANELYN J. GURTIZA, of legal ages, Filipinos, and residents of Biday, San Fernando City, La Union, Philippines, (hereinafter referred to as the "VENDEE"); WITNESSETH: WHEREAS, the VENDOR is the true and registered owner of a parcel of land covered by Original Certificate of Title No. FP-9106, situated in Biday, San Fernando City, La Union, Philippines, more particularly described as follows: Lot 2, Ccs-01-001794 Beginning at a point marked 1 of Lot No. 2, Ccs-01001794, being N. 31-15 E., 2244.09 m. from BLLM No. I, Cad. 539-D; thence S. 75-08 W., 20.27 m. to point 2; N. 17-50 E., 10.32 m. to point 3; N. 30-10 E., 4.00 m. to point 4; N. 85-34 E., 17.88 m. to point 5; S. 19-49 W., 10.06 m. to point 1; point of beginning. Containing an area of TWO HUNDRED AND THREE (203) SQUARE METERS. Bounded on the S., along line 1-2 by lot 11411, Cad. 539-D; on the W., along lines 2-3-4 by lot 4, Ccs-01-001794,=(lot 51406, Cad. 539-D); on the N., along line 4-5 by lot 3, Ccs-01001794,=(lot 51405, Cad. 539-D); and on the E., along line 5-1 by lot 1, Ccs-01-001794,=(lot 51503, Cad. 539-D). WHEREAS, the VENDOR desires to sell and the VENDEE agrees to buy the aforementioned parcel of land, including all the improvements found and standing thereon. NOW, THEREFORE, for and in consideration of the sum of ONE HUNDRED TWENTY FIVE THOUSAND PESOS (Php125,000.00), Philippine Currency, receipt of which is hereby acknowledged by the VENDOR to his full and complete satisfaction, the VENDOR does hereby SELL, TRANSFER and CONVEY the above-described parcel of land, including all the improvements found and standing thereon, unto the VENDEE, their heirs, successors and assigns, absolutely and free from all liens and/or encumbrances.

The VENDOR hereby undertakes that he, his heirs, successors and assigns shall warrant and defend the title to the real property subject of this Deed against all claims of all persons or entities. The VENDOR also guarantees the right of the VENDEE to take possession of the property subject of this agreement upon the signing and execution of this agreement and will defend the latter against all judicial or administrative actions for eviction. Capital gains tax, transfer tax and other taxes, fees and charges that may be imposed on the transfer of title in favor of the VENDEE shall be for the sole account of the VENDEE. This Agreement shall be valid and binding not only on the parties herein but also on their heirs, agents, representatives, successors and assigns. IN WITNESS WHEREOF, the parties have hereunto affixed their signatures this 5th day of February, 2013 at San Fernando City, La Union, Philippines. RENATO G. AGUSTIN Vendor With the consent of my spouse: TESSIE B. AGUSTIN Vendors Spouse SIGNED IN THE PRESENCE OF: ___________________________ ____________________________ PABLO D. GURTIZA, JR. Vendee ANELYN J. GURTIZA Vendee

ACKNOWLEDGMENT BEFORE ME, a Notary Public for and in the City of San Fernando, Province of La Union, personally appeared the following: Proof of Identification/ID No. RENATO G. AGUSTIN PABLO D. GURTIZA, JR. ANELYN J. GURTIZA personally known to me and who represented to me that their respective signatures on the foregoing instrument were voluntarily affixed by them for the purposes stated in the instrument and who declared that they have executed the foregoing instrument as their free and voluntary act and deed. This Instrument consists of only two (2) pages, including this page in which this acknowledgment is written, duly signed by the parties and their instrumental witnesses on each and every page hereof. WITNESS MY HAND AND SEAL this 5th day of February, 2013 at San Fernando City, La Union, Philippines.
Doc. No. ______; Page No. ______; Book No.______; Series of 20____.

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