DEED OF CONDITIONAL SALE

OF A PORTION OF A PARCEL OF LAND

KNOW ALL MEN BY THESE PRESENTS:

This DEED OF ABSOLUTE SALE OF A PORTION OF A PARCEL
OF LAND, made and executed in the place and date mentioned herein
below by and between ____________________ , s i n g l e a nd
_______________, widow, both Filipinos, of legal ages and both residents
of ________________________, ___________ City, Philippines,
hereinafter referred to as VENDORS, and _ _ _ _ _ _ _ _ _ __ _ _ _ _ _ _ _ __ _ _ ,
Filipino, of legal age, married to ___________________________ a n d a
resident of _ _ _ _ _ _ _ _ ___ _ _ _ _ _ _ _ __ , _ _ _ _ _ _ _ _ __C i t y ,
P h i l i p p i n e s , h e r e i n a f t e r r e f e r r e d t o a s VENDEE;

WITNESSETH :

WHEREAS, the VENDORS are the registered owners of a certain

parcel of land, situated in ____________________, _________, identified as
Lot No. 5989-B, registered under TCT No. 156755, containing a n a r e a
o f O N E TH O US A N D T WO H U N DR E D ( 1 ,2 0 0 ) S Q U AR E
M E T ER S a n d wh i c h i s mo r e particularly described as follows:

LOT 5989-B, TCT NO. T-156755

“A parcel of land (Lot 5989-B, of the subdivision plan, Psd-07-075691,

being a portion of Lot 5989 Talisay- Minglanilla Estate), situated in the Barangay
of Tungkop, Municipality of Minglanilla, Province of Cebu, Island of Cebu.
Bounded on the SE., along lines 1-2; 2-3 by Lot 6607, Lot 6008; on the SW., along
line 3-4 by lot 5988 all of Talisay-Minglanilla Estate; on the NW., NE., NW., &
NE., along lines 4-5-6-7-1 by Lot 5989-A of the subdivision plan X x x Containing
an area of ONE THOUSAND TWO HUNDRED (1,200)SQUARE METERS,
more or less.”

That for and in consideration of the sum of TWO HUNDRED FORTY

THOUSAND (P240,000.00) PESOS, in Philippine Currency, receipt of
which is hereby acknowledged by and to the entire and c o mp l e t e
s a t i s f a c t i o n o f t h e V E N DO R S f r o m t h e VENDEE , t h e VENDORS
hereby SELL, CEDE,TRANSFER and CONVEY, by way of absolute sale,
unto and in favor of the VENDEE, AUBREY C.SILVA MIGALA
HANDIGE, her heirs, assigns and successors-in-interest, a portion
equivalent to THREE HUNDRED (300) SQUARE METERS out of the
total area of the above-described parcel of land;

That the above-described real property is registered in accordance with the

provisions of the Property Registration Decree, and the VENDORS shall warrant
to have said property free from any lien or encumbrance;

That the same property is not tenanted and no existing

improvements found thereon and the provisions of Article 1623 of the New
Civil Code of the Philippines has been complied with prior to the execution of the
document of sale.
 IN WITNESS WHEREOF, the aforementioned parties have hereunto set
their hands this___ day of_______________________ at the Municipality of
Minglanilla, Province of Cebu, Philippines.

JAIME RAVANES TERESITA R. VILLAFUERTE

VENDOR VENDOR
OSCA ID No. 26672 ID No. Cebu-09-0017033
OSCA, Cebu City St. Peter Life Plan

SIGNED IN THE PRESENCE OF:

1.___________________2._________________

ACKNOWLEDGMENT

BEFORE ME, t h i s _ _ _ d a y o f _ _ _ _ _ _ _ _ _ __ _ _ _ __ _ _ _ _ _ _ a t t he
_ _ _ _ _ _ _ _ __ _ _ _ __ _ _ , P r o v i n c e o f C e b u , Philippines, personally
appeared the aforementioned parties, with their respective valid ID’s,
both known to me and to me known to be the same persons who executed the
foregoing Instrument, and they acknowledged to me that the same is their free act
and deed.

WITNESS MY HAND SEAL.

DOC. No. __________
Page No. __________
Book No. __________ Series of 2011.