Deed Of Absolute Sale - Estabillo V2.docx

DEED OF ABSOLUTE SALE

KNOW ALL MEN BY THESE PRESENTS: This DEED OF ABSOLUTE SALE is made, executed and entered into by: DIOMEDES A. ESPANTO, of legal age, married to Remely R. Espanto , Filipino citizen, and a resident of Purok 1, Nagbukel, San Isidro, Isabela, hereinafter referred to as the VENDOR -ANDDANNY B. ESTABILLO, of legal age, married to Josephine R. Estabillo, Filipino citizen and a resident of Recto Avenue, Purok 4, Rosario, Santiago City hereinafter referred to as the VENDEE. WITNESSETH; WHEREAS, the VENDOR is the registered owner of a parcel of land located at Nagbukel, San Isidro, Isabela and covered by Transfer Certificate of Title (TCT) Nos. T-338290 and T-338291 and more particularly described as follows: Transfer Certificate of Title (TCT) Nos. T-338290 “A parcel of land (Lot 20259-E of the subd. Plan (LRA) Psd-372344 approved as a non-subdivision project, being a portion of Lot 20259, Cad210, Echague Cadastre (8045-E, Csd-202-001798-D) , LRC Rec.No.F.Pat ), situated in the Barrio of Nagbukel, Mun. of San Isidro, Prov. Of Isabela, Island of Luzon. Bounded on the NE, pts. 2-3 by Lot 20259-G; on the SE., pts. 3-4 by Lot 20259-F; on the SW., points 4-1 by Lot 20259-D, all of the subd. Plan and on the NW., pts 1-2 by Lot 8044, Cad-210, Echague Cadastre. Beginning at a point marked “1” on plan, being S.9-54’W., 744.18m. from MBM No. 5, Cad-210, Echague Cadastre, thence - - - - N 9-59’E., 17.69m. to point 2; S. 80-56’E., 39.28m. to point 3; S 8-03’W., 17.69m. to point 4; N. 80-55’W., 39.87m. to the point of beginning, containing an area of SEVEN HUNDRED (700) square meters, more or less. All points referred to are indicated on the plan and are marked on the ground by P.S. Cyl.Conc.Mons. 15x60cms., bearings true; Date of the original survey, May 9-14, 1977 and that of the subd. Survey, executed by P.L.Ormilla, Geo-Engr. On April 7, 2001”

--and-Transfer Certificate of Title (TCT) Nos. T-338291 “A parcel of land (Lot 20259-F of the subd. Plan (LRA) Psd-372344 approved as a non-subdivision project, being a portion of Lot 20259, Cad210, Echague Cadastre (8045-E, Cad-2-02-001798-D), LRC Rec.No. F Pat.), situated in the Barrio of Nagbukel, Mun. of San Isidro, Prov. Of Isabela, Island of Luzon. Bounded on the NE., pts. 2-3 by Lot 20259-G of the subd. Plan; on the SE., pts. 3-4 by Lot 8045-D, Cad-2-02-001798-D; on the SW, pts. 1-2 by Lot 20259-E, both of the subd. Plan. Beginning at point marked “1” on plan, being S. 6-49’W, 744.69m from MBM No. 5, Cad-210, Echague Cadastre, thence - - - - N. 8-03’E., 17.69m. to point 2; S. 80-56’E., 16.95m to point 3; S. 8-05’W., 17.69m. to point 4; N. 80-56’W., 16.95m to the point of Beginning, containing an area of THREE HUNDRED (300) square meters, more or less. All points referred to are indicated on the plan and are marked on the ground by P.S. Cyl.Conc.Mons. 15x60cms. Bearings true; date of the original survey, May 9-14, 1977, and that of the subd. Survey, executed by P.L.Ormilla, Geo-Engr. On April 7, 2001.

WHEREAS, the VENDOR has offered to sell and the VENDEE has agreed to buy the above-mentioned property for the amount of NINETY THOUSAND PESOS (P90,000.00) Philippine Currency; WHEREAS, the VENDEE undertakes to shoulder expenses for titling, including the payments of taxes which may arise by reason of this transfer. NOW THEREFORE, for and in consideration of the sum of NINETY THOUSAND PESOS (P90,000.00) Philippine Currency, hand paid by the VENDEE to the VENDOR, the VENDOR do hereby SELL, TRANSFER, and CONVEY by way of Absolute Sale unto the said VENDEE, 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.

DIOMEDES R. ESPANTO Vendor

Marital Consent:

DANNY B. ESTABILLO Vendee

Marital Consent:

REMILY R. ESPANTO

JOSEPHINE R. ESTABILLO

SIGNED IN THE PRESENCE OF: __________________________

____________________________

ACKNOWLEDGMENT REPUBLIC OF THE PHILIPPINES) City of Santiago ) SS. BEFORE ME, a Notary Public for and in the City of ___________________________, personally appeared: Name

Competent Evidence of Identity

Date/Place Issued

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 the date and place first and above written.

Doc. No. ___; Page No. ___; Book No. ____; Series of 2017.