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Deed of Sale

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DEED OF ABSOLUTE SALE KNOW ALL MEN BY THESE PRESENTS: This DEED OF ABSOLUTE SALE is made and executed on February 21, 2010 at Manila, Philippines by: SPOUSES CLARMANETTE AND LLOYD APOSTOL, of legal age, Filipinos and with address at 222 Mapagmahal St., Malate Manila, hereinafter referred to as VENDOR; -- in favor of -GAIL L. AVILA, of legal age, Filipino and a resident of 111 Masaya St., Sampaloc, Manila hereinafter referred to as VENDEE; WITNESSETH: THAT -WHEREAS, the VENDOR is the absolute ow
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  DEED OF ABSOLUTE SALE KNOW ALL MEN BY THESE PRESENTS:This DEED OF ABSOLUTE SALE is made and executed on February 21, 2010 at Manila,Philippines by: SPOUSES CLARMANETTE AND LLOYD APOSTOL , of legal age, Filipinos andwith address at 222 Mapagmahal St., Malate Manila, hereinafter referred to as VENDOR  ;-- in favor of -- GAIL L. AVILA , of legal age, Filipino and a resident of 111 Masaya St., Sampaloc,Manila hereinafter referred to as VENDEE ;WITNESSETH: THAT -- WHEREAS , the VENDOR  is the absolute owner of parcel of land, located at Malolos,Bulacan, containing an area of  800 SQUARE METERS , identified as Lot No. 1012 and covered by Original Certificate of Title No. O-167 of the Registry of Deeds for the Province of Bulacan. ORIGINAL CERTIFICATE OF TITLE No. 0-167 A parcel of land (Lot 1012 of consolidation subdivision plan (LRC) Pcs-13265, being a portion of the consolidation of Lots 4751-A and 4751-B (LRC) Psd-50533, Lot 3,Psd-100703, Lot 1, Psd-150980, LRC Rec. Nos. Nos. N-27024, 51768, 89632, N-11782, N-13466, and 21071 situated in Malolos City, Province of Bulacan, Is. of Luzon. Bounded on N., point 4 to 1 by Road Lot 22, on the E, points 2 to 3 by Road Lot, on the S., points 3 to 4 by Lot1014; and on the W., points 4 to 5 by Lot 1011; points 5 to 6 by Lot 1015. Beginning at a pointmarked “1” on the plan, being N. 14 deg. 20’E., 58 m WHEREAS , the VENDOR  has offered to sell and the VENDEE has agreed to buy thePROPERTY at the price and under the terms and conditions set forth herein below; NOW, THEREFORE, for and in consideration of the foregoing premises and of thestipulations hereinafter provided, the parties hereto agree as follows, to wit: Section 1. ABSOLUTE SALE AND PURCHASE a. SALE AND PURCHASE - For and in consideration of the Purchase Price received bythe VENDOR, said VENDOR does hereby absolutely and irrevocably SELL, TRANSFER andCONVEY to the VENDEE, its administrators or assigns, and VENDEE does herebyPURCHASE from the VENDOR in consideration of the latter’s covenants, representations andwarranties, the PROPERTY together with all the rights, titles and interests of the VENDOR over and in the said PROPERTY. 1   b. CONSIDERATION - The Purchase Price for the sale to the VENDEE of thePROPERTY is TWO MILLION (Php. 2,000,000.00), Philippine currency, receipt of which ishereby acknowledged by the VENDOR to his entire satisfaction. Section 2. REPRESENTATIONS AND WARRANTIES a.The VENDOR hereby warrants that the PROPERTY is, and shall continue to be, free andclear of all liens and encumbrances or claims whatsoever and, is and shall continue to be, notsubject to any claim, set-off, easement or defense which will prevent the BUYER from obtainingfull and absolute ownership in fee simple over the PROPERTY and full possession of the same.b.The PROPERTY is not involved in any pending or threatened litigation or case brought before a court or any administrative body.IN WITNESS WHEREOF, the parties hereto have hereunto affixed their signatures onthe date and at the place first above written. CLARMANETTE APOSTOL LLOYD APOSTOL VendorVendor  GAIL L. AVILA Vendee SIGNED IN THE PRESENCE OF:  ________________________________ ________________________________ GINO CARLO CRUZ LEIRA TARUC-BATALLA 2  ACKNOWLEDGEMENT REPUBLIC OF THE PHILIPPINES)City of Manila) SS.BEFORE ME, a Notary Public for and in the City of___________________, personallyappeared: Name CTC Number Date/Place IssuedClarmanette Apostol 12985775June 1, 2010/ ManilaLloyd Apostol13853953June 1, 2010/ ManilaGail L. Avila56839217June 30, 2010/ ManilaKnown to me and to me known to be the same person who executed the foregoing instrumentand acknowledged to me that the same are their free act and voluntary deed.WITNESS MY HAND AND SEAL on this 21at day of July 201 at Manila.ATTY. NOL CERA Notary Public for ManilaUnit 2, Paseo Building, ManilaAppointment No. 234IBP No. 2356; 02/01/10 – ManilaPTR No. 2874; 02/01/10 – ManilaRoll No. 6445; 02/01/10 – ManilaMCLE no. I – 894320; 8/24/09Serail No. of Commission M-584Doc. No. 4;Page No. 3;Book No. 5;Series of 2010 3
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