KISAN LU LANDS AND DEVELOPMENT, INC.

Contract No. 3532246 Lot area _500sqm__

Contract Price : P1,000,000 Lot No. 342_ Block No.3
Downpayment: P100,000 Price per sq. m. Php P5,000
Reservation : P50,00 Monthly Amort. P20,000
Term: 10 years
AGREEMENT TO SELL SUBDIVISION LOT

KNOW ALL MEN BY THESE PRESENTS:

This agreement executed and entered into this 6th day

of January by and between:

KISAN LU LANDS, INC, a domestic corporation duly

organized and existing under Philippine Laws, with office
address at KLR Group Bldg., San Pedro Street Davao City,
represented by its President and CEO, KRISTIN L. LU, herein
referred to as the PACKAGER/DEVELOPER.

-AND-

JUAN DELA CRUZ, of legal age, Filipino, married to

Juana dela Cruz and a resident of Brgy. Zone 2, Digos
City herein referred to as the BUYER.
WITNESSETH THAT:

For and in consideration of each of the terms and

conditions stipulated hereunder which the BUYER has
promised to pay in the specified herein, the
PACKAGER/DEVELOPER has agreed and contracted to sell
to the BUYER (who in return accepted to buy) a lot, referred
to herein as the UNIT, covered and embraced by Transfer
Certificate of Title (TCT) No.T- 2342 of the Registry of Deeds
of Digos City, being a portion of Bargy. Igpit, Digos City
containing a lot area of FIVE HUNDRED SQUARE METERS
more or less.

THE TERMS AND OTHER CONSIDERATION of this

agreement are as follows:
1. COST OF THE UNIT:
TOTAL CONTRACT PRICE:

1.1 Consideration. The BUYER hereby agrees to pay

the purchase price of ONE MILLION PESOS (Php
_1,000,000.00) Philippine currency at the office of the
Seller at KLR Group Bldg., San Pedro St., Davao City and
without necessity of demand or the service of a collector.
 1.2. The sum of FIFTY THOUSAND PESOS (Php.
50,000.00) Philippine currency as deposit or reservation
fee upon execution of this contract and

2. DOWN-PAYMENT: The BUYER shall make a down-

payment of __ONE HUNDRED THOUSAND PERSOS__
(Php _100,000_) Philippine currency shall be paid by
the BUYER in TWELVE (12) MONTHS consecutive equal
monthly installments starting on __January 6, 2017_ at
KISAN LU LANDS, INC,
________________________________ & ___ (Php
____________) per installment including interest at the
rate of ZERO ( 0 %) PERCENT per annum.

3. Balance. The Balance of

________________________________________________________
(Php ________.00) Philippine currency shall be paid by
the BUYER in _____ (60) MONTHS consecutive equal
monthly installments starting on _______________ at
_______________________ (Php __________) per installment
including interest at the rate of ___________ ( ____%)
PERCENT per annum.

That all payments in favor of the

PACKAGER/DEVELOPER shall be made by the BUYER to
the Packager/Developer at the address stated above without
the necessity of any judicial or extra judicial demand.

The PACKAGER/DEVELOPER will employ no collector

and that only official receipt duly signed by the
PACKAGER/DEVELOPER or its authorized representative
will recognized as valid binding.

4. AUTOMATIC CANCELLATION FOR FAILURE OF THE

BUYER TO PAY ANY MONTHLY INSTALLMENT
TOGETHER WITH INTEREST, TAXES AND ASSESSMENT
AND/OR VIOLATION OF OTHER TERMS AND
CONDITIONS OF THIS AGREEMENT: In the event of
default on the part of the BUYER to pay three (3) cumulative
monthly installment of the violation of any provision without
effecting any corrective measure within 30 days from notice
to that effect, the PACKAGER/DEVELOPER shall have the
right to consider this agreement AUTOMATICALLY
CANCELLED and all payments made by the BUYER under
this agreement shall be forfeited in favor of the
PACKAGER/DEVELOPER without prejudice to any
appropriate action in court for damages otherwise.

5. WITHDRAWAL: In the event that the BUYER

withdraws from this Contract the right to forfeit any and all
payments the BUYER may have made without necessity of
notice.

6. POSSESIONS: Only the BUYER upon compliance of all

of the conditions stipulated herein is allowed to enter into
and take possession of the unit.

7. RIGHT OF INSPECTION AND TO DO NECESSARY

WORKS: The BUYER agrees that the Authorized
representative of the PACKAGER/DEVELOPER by the way
of written notice shall have the right to enter the property at
anytime for purposes of inspection, measurement,
relocation, survey, laying monuments, or of the necessary
lines for water, gas, electric power, telephone and other
public services to undertake works, of whatever nature of
the general interest of the subdivision, the enforce of rules
and regulations of the PACKAGER/DEVELOPER.

8. RESTRICTIONS: The sale of the PROPERTY is subject

to the following deed of restriction and such further or
additional restrictions and / or easement, servitude or
resolutions as the ASSOCIATON may from time to time
adopt:

a. The unit shall not be used for illegal or immoral

activity which will disturb the peace or create
nuisance in the neighborhood.

b. The BUYER must at all times keep his/her unit(s) /

lot(s) in a sanitary
condition and must be free from overgrowth of
cogon, talahib, or other wild vegetation and trash
which may become fire hazard, a place of
concealment or a nuisance. Should the BUYER fail to
 remove said nuisance the same shall be removed by
the PACKAGER/DEVELOPER or the ASSOCIATION, at
the expense of the BUYER.

c. Lot(s) shall not be as access to other subdivisions.

Similarly, unless otherwise

The BUYER further agrees to confirm the location of

each monument indicating the boundaries of the lot with the
PACKAGER/DEVELOPER or with the ASSOCIATION after the
SUBDIVISION has been turned-over, before constructing any
wall or before erection of additional structure or building on
the lot. Should the BUYER put up a fence or extension
without consulting the PACKAGER.DEVELOPER or the
ASSOCIATION, as the case may be, and there is
encroachment on adjacent lots, or a violation of the National
Building Code of the Phil., the BUYER agrees to demolish the
structure encroaching on the adjacent lot at his expense
within one (1) week from receipt of written notice that there
has been an encroachment on the adjacent lot. Otherwise
the PACKAGER/DEVELOPER or the ASSOCIATION, as the
case may be, shall be free to have the encroachment
demolished, or violation/s rectified at the expense of the
BUYER.

9. OWNERSHIP: Ownership over said unit shall remain

with the PACKAGER/DEVELOPER and upon complete
payment by the BUYER of all obligations herein stipulated,
the PACKAGER/DEVELOPER shall execute DEED OF SALE in
favor of the BUYER and the issuance of the Certificate of
Title in his name, free from liens and encumbrances except
those as may be provided by law.

10. REALTY TAX AND ASSESSMENT: The

PACKAGER/DEVELOPER agrees to pay the real estate tax
and assessment of the unit for as long as the Possession of
the unit has not passed to the BUYER. Provided, however,
that if the BUYER has received the permit to Occupy (PTO),
he shall be liable for such taxes and assessment effective
the day of such receipt of PTO.

11. EXPENSES OF REGISTRATION: The BUYER shall

pay to the PACKAGER/DEVELOPER in the amount of
______________________________________________________
(____________) Pesos only over and above of the Package
Price to cover the cost of documentary stamps, transfer fees,
and notarial fees of the final Deed of Sale, registration fees
for such deeds and all other incidental expenses in
connection with the issuance of new title over the unit in the
name of the BUYER payable immediately for Spot Cash and
Bank and or Pag-Ibig financing. For in-house financing
buyers, the amount may be paid within the agreed payment
terms or at the end of the agreed payment terms.

12. TRANSFER OF RIGHTS: The VENDEE, prior to

the final execution of the deed of sale, agrees not to sell,
cede, encumber, transfer or in any manner dispose of his/her
rights and obligations under this agreement without the
written consent of the PACKAGER/DEVELOPER nor lease or
sub-lease the same or give possession thereof to any party
whomsoever.

13. SEPARABILITY CLAUSE: The BUYER hereby

represents that this entire agreement had been read and/ or
translated to him in the language or dialect known and
understood by him. Should any provision of this contract be
declared by the Court null and void, the nullity shall not
affect the validity of this transaction or nay provision herein
which shall then be considered as valid and binding by both
the parties herein.

13. VENUE: Should litigation prosper between the

parties herein for any claim or clause of action arising from
or by reason of this contract, the exclusive court shall be the
appropriate court of Davao City.

IN WITNESS WHEREOF, the parties hereto affixed

their signatures this day of ___6th_______ at
______________________________________.

KISAN LU LANDS, INC. _________SALLY

MOORE____
PACKAGER/DEVELOPER
BUYER

By :

KRISTIN L. LU
President & CEO
 WITNESSES:

___Annie A. Lao
____ANGLE TAGOK___

Agent/Broker

ACKNOWLEDGEMENT

Republic of the Philippines)

City of Davao . . . . . . . ) S.S.
x = = = = = = = = = = = =x

BEFORE ME, a Notary Public for and in

______________, personally appeared this day of
___________________ at _____________________.

CTC No. Issued On

Issued at (TCT) No.T- 2342

1. Kristin Lu ________
________________ __________________
2. _________________ ________
________________ __________________

Known to me to be the same person/s who executed the

foregoing instrument and acknowledged to me that the
same is their true and voluntary act and deed that of the
corporation they represent.

This instrument refers to a Contract to Sell, contains 3

pages including this page wherein the acknowledgement
is written and duly signed by the parties and their
instrumental witnesses on each and every page hereof.

WITNESS MY HAND AND SEAL on the day and

place first above mentioned.

JAMES L. DECOLONGON
Notary Public
Doc No. ____ Until December 31, 2017
Page No. ____ Roll No.: 82714
Book No. ____ IBP No. 631820, January 6, 2014, Digos
City
Series of 2017 PTR No.080324 January 6, 2014 Digos
City TIN: 290-937-407 January
6, 2010 Digos City