DEED OF ABSOLUTE SALE

KNOW ALL MEN BY THESE PRESENTS:

This DEED OF ABSOLUTE SALE is made, executed and entered into by:

BELYGORIO M. DELBO, married to JACKELYN M. DELBO of

legal age, Filipino, with residence and postal address at
Napacao, Siaton, Negros Oriental, hereinafter referred to as the
SELLER

-AND-

Sps. AMADO V. CABALLERO III & MERLITA N. CABALLERO, of

legal age, Filipino with residence and postal address at Lo-oc,
Sibulan, Negros Oriental, hereinafter referred to as the BUYER;

WITNESSETH;

WHEREAS, the SELLER is the absolute and registered owner of a

parcel of land consisting of TWENTY NINE THOUSAND SEVEN HUNDRED
EIGHT (29,708) square meters, more or less, located at Brgy Napacao,
Siaton, Negros Oriental and covered by Transfer Certificate of Title No.
TCT 2014000114 issued by the Registry of Deeds of Negros Oriental with
Lot no. 5791-A-2, Psd 07-068490; more particularly described as:

TRANSFER CERTIFICATE OF TITLE NO. No. TCT 2014000114

A parcel of land (Lot 5791-A-2 of subdivision plan Psd 07-

068490 (AR) being a portion of Lot 5791-A, Csd 07-02-001363),
situated in Barangay Napacao (Bondo before) Municipality of Siaton,
Province of Negros Oriental, Island of Negros, bounded on the SW,
along line 1-2 by Provincial Road, along line 2-3-4-5 by Lot 5791-B,
Csd 07-02-03-001363, on the NW, NE, along line 5-6-7 by Lot 5791-
C, Csd 07-02-001363, on the NE along line 7-8 by Lot 5790, Pls-659-
D and on the SE, along line 8-1 by Lot 5791-A-1, of the subdivision
plan. Beginning at a point mark 1 on plan being N. 65 deg 35E.,
11,178.46 meters from BLLM no. 1

Thence N. 79 Deg 09W. 20.35m to point 2;

. ,
Thence N. 22 Deg. 22W. 80.90m to point 3;
,
Thence N. 27 Deg. 34W. 51.23m to point 4;
,
Thence N. 48 Deg. 29W. 91.03m to point 5;
,
Thence N. 72 Deg. 48E. 172.10m to point 6;
,
Thence S. 27 Deg. 55E. 46.83m to point 7;
,
Thence S. 26 Deg. 05E. 143.93m to point 8;
 ,
Thence S. 58 Deg. 52W. 125.04m to point of
,

Beginning containing an area of TWENTY NINE THOUSAND SEVEN

HUNDRED EIGHT (29,708) SQUARE METERS, more or less. All points
referred to are indicated on the plan and marked on the ground as
follows: Point 1 by AR cly. Conc mon 15x40 cm all the rest by OLD PS
cyl conc mons 15x60 cm Bearing true . Date of original survey
October 9-10, 1981 and was approved on November 12, 1984.

WHEREAS, the BUYER has offered to buy and the SELLER has agreed to
sell the above mentioned property for the amount of SIX HUNDRED
THOUSAND PESOS (P600,000.00) Philippine Currency;

NOW, THEREFORE, for and in consideration of the foregoing premises,

the Parties have agreed to the following terms and conditions:

1. Subject of Sale. - For and in consideration of the amount stated, the

SELLER hereby sells, transfers, conveys and disposes, absolutely and
unconditionally, unto the BUYER, its assignees and successors-in-interests,
the said parcel of land, together with all the improvements and crops found
thereon.

2. Payment. The SELLER agrees to sell, transfer, convey and dispose the
PROPERTY for the amount of SIX HUNDRED THOUSAND PESOS
(P600,000.00) Philippine Currency; The amount hand paid by the BUYER to
the SELLER upon signing of this Deed.

3. Possession. - Upon signing of this Deed, full possession over the

PROPERTY shall be vested upon the BUYER and the SELLER guarantees the
peaceful, continuous and adequate possession and enjoyment by the BUYER
over the PROPERTY.

The SELLER guarantees to defend the BUYER from all claims and
challenges on its possession and to protect and defend the PROPERTY from
any claims and challenges questioning SELLER's ownership over the
PROPERTY and BUYER'S right to purchase the same.

The SELLER hereby additionally covenants to the BUYER that it will

provide all assistance needed by the BUYER in transferring the title to the
PROPERTY in the name of BUYER.

4. Representations and Warranties. - The SELLER represents and warrants

that he is the registered, lawful and beneficial owner of the PROPERTY and he
has good and marketable title to and full and complete physical possession
and control of the PROPERTY. The title covering the PROPERTY is genuine,
valid and subsisting. There is no law, ruling, regulation or fact, attributable to
or in connection with the title to PROPERTY or the right to transfer the same,
which will prevent the Buyer from acquiring good and marketable title to the
PROPERTY.

The SELLER represents and warrants that all the requisite consents,
permits, licenses and governmental authorizations necessary for the sale
and transfer of the PROPERTY in the name of the BUYER, its assigns and
successors in interest have been secured and shall be in full force and effect
at the time of the commencement of the sale.

The SELLER also represents and warrants that property is free from any
tenants, liens and encumbrances.

The SELLER finally represents and warrants that this Deed has been
read and translated to him by his own counsel in a language or dialect known
to him and that he fully understands the contents hereof.

These warranties and representations shall survive the execution of

this Deed and any breach thereof shall entitle the BUYER to the rescission of
this Deed and the return from SELLER of all sums paid and all expenses
incurred in the execution hereof, without prejudice to other remedies
provided for in law.

IN WITNESS WHEREOF, the Parties hereto have signed this Deed at

Dumaguete City on _________ day of ____________________.

SELLER: BUYER:

BELYGORIO M. AMADO V.
DELBO CABALLERO III
BIR TIN : BIR TIN : 101-978-
_____________ 028

Spouse Consent: Spouse Consent:

JACKELYN M. DELBO MERLITA N.

CABALLERO

SIGNED IN THE PRESENCE OF:

__________________________ ____________________________

ACKNOWLEDGMENT
REPUBLIC OF THE PHILIPPINES)
DUMAGUETE CITY ) SS.

BEFORE ME, a Notary Public, this _______day of ________________, personally

appeared the following:

Name Proof of Identity

Date/Place Issued

Belygorio M. Delbo _____________________ __________________

Jackelyn M. Delbo _____________________ __________________
Amado V. Caballero III UMID_No. 07-1469476-0_ __________________
Merlita N. Caballero BIR TIN 944-716-112_____ 04-02-
2007_________

Known to me and to me known to be the same persons who executed the

foregoing instrument and acknowledged to me that the same are their free
act and voluntary deed.

This instrument, consisting of three (3) pages, including the page on which
this acknowledgment is written, has been signed on the left margin of each
and every page thereof by the concerned parties and their witnesses,
and sealed with my notarial seal.

WITNESS MY HAND AND SEAL on this ___day of _______________2017 at

Dumaguete City.

Doc. No. ______

Page No. ______
Book No.______
Series of 2017

ACKNOWLEDGMENT RECEIPT

Received from AMADO V. CABALLERO III the amount of Six

Hundred Thousand Pesos (P600,000.00) payment for lot 5791-A-2, Psd
07-068490 with TCT no. 2014000114 registered in the name of BELYGORIO
M. DELBO located at Napacao, Siaton, Negros Oriental.

Given this ______ day of _____________.

_____________________________
BELYGORIO M. DELBO