Deed of CONDITIONAL SALE

Republic of the Philippines )
Province of Nueva Vizcaya ) s.s.

Municipality of Bayombong )
DEED OF CONDITIONAL SALE
KNOW ALL MEN BY THESE PRESENTS:
This DEED OF CONDITIONAL SALE, made and entered into

by and between:
ELEAZAR GODOY, married to WIFE GODOY, of legal age,

Filipino Citizen, with residence and postal address at #41 Upper
Engineer‟s Hill, Baguio City, Philippines, hereinafter referred to
as the VENDOR;
-and-
KEO LAUS, single, of legal age, Filipino citizen, with

residence and postal address at #13 East Bayan Park, Aurora
Hill, Baguio City, hereinafter referred to as the VENDEE;
W ITNESSETH:
WHEREAS, the VENDOR is the absolute owner, in fee simple of

a certain parcel of land located in Loakan, Baguio City, covered
by Transfer Certificate of Title No. T18338, more
particularly described as follows:
A parcel of land (Lot 2-A-6-C, of the subdivision plan, (LRC)

Psd-47132, being a portion of Lot 2-A-6, described on plan,
(LRC) Psd-11998, LRC (GLRO) Rec. No. Civil Res. No. 211),
situated in the Barrio of Res. Sec. “J”, City of Baguio, Bounded
on the N., points 2 to 3, by Lot 2-A-5, (LRC) Psd-11998; on the
E., points 3 to 4, by Lot 2-A-7, Psd-11998; on the SE., points 4 to
1, by Lot 2-A-6-A of the subdivision plan; and on the W; points 1
to 2, by Lot 2-A-6-B, of the subdivision plan. Beginning at a point
marked “1” on plan, being N. 68 deg. 38’ E., 715.59 m. from
Triangulation Station, Worcester, Baguio Townsite xxx.
Containing an area of FIVE HUNDRED EIGHTYFIVE (585)

SQUARE METERS.
WHEREAS, the VENDOR has agreed to sell unto and in

favor of the VENDEE, and the VENDEE is willing and/or
agreeable to buy from the VENDOR, its ownership, rights and
interest a portion of the above-described land with an area of
THREE HUNDRED FIFTYTWO (352) SQUARE METERS
with a total consideration of TWO MILLION TWO HUNDRED
EIGHTY EIGHT THOUSAND PESOS (Php2,288,000.00),
Philippine Currency, under the terms and conditions provided
hereunder;
Now, therefore, for and in consideration of the foregoing,

they do hereby agree as follows:
1. That upon signing of this Conditional Deed of Sale, the

VENDEE shall pay ONE MILLION TWO HUNDRED
THOUSAND PESOS (Php1,200,000.00), as
downpayment;
2. That the balance of ONE MILLION EIGHTY-EIGHT
THOUSAND PESOS (Php1,088,000.00) shall be paid
through Philippine National Bank, Session Road Branch on
or before sixty (60) days, or until June 19, 2013, from the
execution of this Conditional Deed of Sale;
3. That upon receipt of the Bank Guarantee in favor of the
VENDOR, the latter shall execute an Absolute Deed of
Sale in favor of the VENDEE;
4. That failure to pay the balance shall cause the automatic
rescission of this Contract with damages in the amount of
ONE HUNDRED THOUSAND PESOS (Php100,000.00);
5. That the realty taxes and special assessments on the
subject property on or before the date of sale, cost of
operation of the documents of sale, and notarial fees shall
be for the account of the VENDOR; while those realty
taxes that shall accrue after the date of this Conditional
Deed of Sale, capital gains tax, documentary stamps, costs
of registration, transfer tax, and all incidental expenses for
the issuance of the new title shall be for the account of the
VENDEE;
IN WITNESS WHEREOF, the parties have hereunto

affixed their signatures this 25th day of November 2013 in the
City of Baguio, Philippines.
ANGELO R. FERNANDO DENNIS FOLLO

ID______________ ID_______________
Vendor Vendee
SIGNED IN THE PRESENCE OF :
JOY M. GABITO MOHAMMAD J. GUINTO

ACKNOWLEDGEMENT
BEFORE ME, this ___th day of _____, _____ in Bayombong, Nueva

Vizcaya, personally appeared the parties of the foregoing
instrument, presenting to me their respective valid identification
cards as duly described above, their names hereinabove, known
to me to be the same persons who executed the foregoing
instrument, and they acknowledged to me that the same is their
respective free acts and deeds.
This instrument, consisting of ____ (_) pages including the page

in which this acknowledgement is written, relates to a
Conditional Deed Sale and each and every page had been signed
by the parties and their instrumental witnesses.
WITNESS MY HAND AND SEAL, at the place and on the date

above written.

Deed of CONDITIONAL SALE

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Republic of the Philippines )

Province of Nueva Vizcaya ) s.s.

DEED OF CONDITIONAL SALE

KNOW ALL MEN BY THESE PRESENTS:

This DEED OF CONDITIONAL SALE, made and entered into

ELEAZAR GODOY, married to WIFE GODOY, of legal age,

KEO LAUS, single, of legal age, Filipino citizen, with

WHEREAS, the VENDOR is the absolute owner, in fee simple of

A parcel of land (Lot 2-A-6-C, of the subdivision plan, (LRC)

Containing an area of FIVE HUNDRED EIGHTYFIVE (585)

WHEREAS, the VENDOR has agreed to sell unto and in

Now, therefore, for and in consideration of the foregoing,

1. That upon signing of this Conditional Deed of Sale, the

IN WITNESS WHEREOF, the parties have hereunto

ANGELO R. FERNANDO DENNIS FOLLO

SIGNED IN THE PRESENCE OF :

JOY M. GABITO MOHAMMAD J. GUINTO

BEFORE ME, this ___th day of _____, _____ in Bayombong, Nueva

This instrument, consisting of ____ (_) pages including the page

WITNESS MY HAND AND SEAL, at the place and on the date

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BEFORE ME, this _th day of _, ___ in Bayombong, Nueva