Professional Documents
Culture Documents
BY ATTORNEY-IN-FACT
-a n d-
WITNESSETH: That---
WHEREAS, the principals are the registered owners of one (1) parcel of
land situated in Ft. Bonifacio, Taguig, Metro Manila, their ownership thereto being
evidenced by a Transfer Certificate of Title No. 30511 of the Registry of Deeds
for the Province of Rizal issued in their respective names, and more particularly
bounded and described as follows:
It is also further agreed, covenanted and stipulated that in the event that
the VENDEE fails to pay any of the installments, when due, or otherwise fails to
comply with any of the terms and conditions stipulated in this contract, and the
vendor shall be obligated to cancel this document by reason of such failure and
sell the above-described property to other parties at a price less than the
consideration herein stipulated, the VENDEE hereby obligates himself to pay the
VENDOR the difference in price in concept of penalty or damage.
_____________ ______________
3
ACKNOWLEDGMENT
BEFORE ME, a Notary Public for and in the City of _________, personally
appeared in ______________, Philippines, ROSARIO T. MACERO, with CTC
No. _______ issued on _________ at Quezon City and FERDINAND MEDINA,
with CTC No. _________ issued on _________ at Vigan, Ilocos Sur, both known
to me to be the same persons who executed the foregoing Deed of Conditional
Sale, and they acknowledged to me that the same is their free act and deed.
This instrument consisting of three (3) pages, including this whereon the
acknowledgment is written, has been signed by the parties and their witnesses
on each and every page thereof and relates to one (1) parcel of land.