You are on page 1of 3

DEED OF SALE with ASSUMPTION OF MORTGAGE

KNOW ALL MEN BY THESE PRESENTS:

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

SPS. JASYSON ENRIQUEZ MARA and SHEILA DELOS SANTOS MARA,


both of legal age, Filipinos, and with residence and postal address at Block 6, Lot
37 Greenplace Homes 1, Malagasang 2, Imus, Cavite, hereinafter referred to as
the SELLERS

-AND-

SPS. JOCELYN SAMPAG PARDE and ROMULO DANIEL PARDE JR., both
of legal age, Filipinos and with residence and postal address at 33-C Acacia St.,
Cembo, Makati City , hereinafter referred to as the BUYERS.

WITNESSETH;

WHEREAS, the SELLERS are the registered owners of a parcel of land with
improvements located at Block 6, Lot 37 Greenplace Homes 1, Malagasang 2,
Imus, Cavite and covered by Transfer Certificate of Title No. T-1255619
containing a total area of THIRTY SIX (36) SQUARE METERS, more or less, and
more particularly described as follows:

TRANSFER CERTIFICATE OF TITLE NO. 1255619

” A PARCEL OF LAND (Lot 37, Block 6 of the cons. and subd. Plan Pcs 04-024772, being a portion
of the cons.of Block 12, Psd-04-199624 & Lot 1873, Imus Estate, L. R. C Rec. No. 8843) situated
in Barrio of Malagasang-2, Mun. of Imus, Province of Cavite, Island of Luzon. Bounded on the NW.,
along line 1-2 by Lot 38, Blk. 6; on the NE., along line 2-3 by Lot 35, Lot 6; on the SE., along line
3-4 by Road Lot 25 and on the SW., along line 4-1 by Lot 39, Blk. 6 all of the cons. and subd. plan.
Beginning at a pt. marked “1” on plan, being N xxxxxxx containing an area of THIRTY SIX SQUARE
METER (36) , more or less xxxxxx”

WHEREAS, the BUYERS have offered to buy and the SELLERS have
agreed to sell the above mentioned property for the amount of TWO HUNDRED
EIGHTY THOUSAND PESOS (P 280,000.00) Philippine Currency;

WHEREAS, the BUYERS may assume Home Development Mutual Fund


(HDMF) balance starting on __________________________ including
occurrence of charges until fully paid, except on the event that the SELLERS death
may agree to pay half of the unamortized balance to his beneficiary.

THAT the said property is mortgage by the SELLERS in favor of Home


Development Mutual Fund (Pag-IBIG Fund) as evidenced by the DEED OF
MORTGAGE executed on __________________________ by the said SELLERS
and acknowledged before a Notary Public of _______________________, and
enter his notarial register as Doc. No ___; Page ____; Book No. ______; Series of
______, a copy of mortgage deed is hereto attached as ANNEX “A”, and made an
integral part thereof.

WHEREAS, the BUYERS have agreed to assume, as they hereby assume,


all the duties and obligations of the SELLERS imposed upon the latter in the afore-
mentioned DEED OF MORTGAGE, as if the present BUYERS were the
MORTGAGORS in the said DEED OF MORTGAGE.
NOW THEREFORE, for and in consideration of the sum of TWO
HUNDRED EIGHTY THOUSAND (P 280,000.00) Philippine Currency, hand paid
by the vendees to the vendors, the SELLERS DO HEREBY SELL, TRANSFER,
and CONVEY by way of Absolute Sale unto the said BUYERS, his heirs and
assigns, the certain parcel of land together with all the improvements found
thereon, free from all liens and encumbrances of whatever nature including real
estate taxes as of the date of this sale.

__________________________________ __________________________________
JAYSON ENRIQUEZ MARA SHEILA DELOS SANTOS MARA
Seller Seller

__________________________________ __________________________________
JAYSON ENRIQUEZ MARA SHEILA DELOS SANTOS MARA
Buyer Buyer

SIGNED IN THE PRESENCE OF:

__________________________ ____________________________

ACKNOWLEDGMENT

REPUBLIC OF THE PHILIPPINES)


City of Bacoor ) SS.

BEFORE ME, a Notary Public for and in the City of Bacoor personally appeared:

Name Proof of Identity Date/Place Issued

Jayson Enriquez Mara SSS ID No. 33-5488933-0


Sheila Delos Santos Mara SSS ID No. 33-296841-8
Jocelyn Sampag Parde UMID No. CRN-0111-2579896
Romulo Daniel Parde Jr., _____________________

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 two (2) 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 12th day of September 2015 at City
of Bacoor.
Notary Public

Doc. No. ........;


Page No. .......;
Book No. .......;
Series of 2015.

You might also like