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MARK ANTHONY PIA QUIRONG, Filipino, of legal age, married to IRISH ADOPTANTE
QUIRONG, with residence address at 178 Femanel Bldg. Sanciangko Street, Cebu City,
Cebu, Philippines, hereinafter referred to as the BORROWER/S.
WITNESSETH:
WHEREAS, the SELLER is absolute owner of parcel of land located at _Biasong, Talisay City,
Cebu together with the housing unit constructed thereon in accordance with the drawings, plans and
specification approved by the Housing and Land Use Regulatory Board (HLURB) and other regulatory
bodies, covered and embraced under Transfer Certificate of Title No. 102-2016007546_ of the Registry
of Deeds of _Talisay City and more particularly described as follows:
TECHNICAL DESCRIPTION
Survey Plan No. : Psd-07-101051
Lot No. : Lot 8, Block 2
Portion of Lot : Lot 7187-B-2-C, Psd-07-095281
Land Owner/Claimant : 77 LIVING SPACES INC.
Location : Brgy. Biasong, Talisay City
Province of Cebu
Boundaries:
WHEREAS, the said Contract to Sell involving the above-described property has been assigned
by the SELLER to the Home Development Mutual Fund pursuant to a Deed of Assignment/Deed of
Assignment with Special Power of Attorney dated _SEPTEMBER 04, 2017_, acknowledged before Notary
Public __Atty. Mark Werner J. Rosal__ entered in his/her Notarial Register as Doc. No. _126_, Page No.
_26_, Book No. _11_, Series of __2017__.
WHEREAS, it is provided in the said Deed of Assignment/Deed of Assignment with SPA that the
SELLER shall execute the Deed of Absolute Sale covering the above-described property in favor of the
BUYER/S upon conversion of the subject Contract to Sell to Real Estate Mortgage which shall not be later
th
than the 24 month from date of loan takeout.
WHEREAS, the said Contract to Sell is now due for conversion to Real Estate Mortgage.
WHEREAS, the Home Development Mutual Fund, as assignee of the said Contract to Sell, has
given its consent to the sale of the property subject thereof to the BUYER/S and has agreed to execute the
corresponding Cancellation of the Deed of Assignment/Deed of Assignment with SPA mentioned above.
NOW, THEREFORE, for and in consideration of the sum of _TWO MILLION EIGHT HUNDRED
FIFTY SIX THOUSAND ONE HUNDRED FIVE_ PESOS ONLY (P 2,856,105.00), Philippine Currency, the
SELLER hereby sells, transfers and conveys, in a manner absolute and irrevocable, to and in favor of the
BUYER/S, his heirs, successors and assigns, the parcel of land/improvements hereinabove mentioned
and described free from any and all liens and encumbrances and unpaid taxes.
All expenses for the registration of this Deed of Absolute Sale, documentary stamp tax and
transfer of title to the BUYER/S shall be borne by the BUYER/S.
The SELLER hereby warrants unto the BUYER/S the peaceful possession of the property subject
hereof, and shall defend his title thereto against the claim of any other person.
1
IN WITNESS WHEREOF, the SELLER, through its authorized representative, has signed these
presents this _________ day of ________________________ at ________________________.
By :
EMELITA V. SUYCANO_
Executive Assistant
CONFORME:
_________________________________
______________________________ ____________________________
ACKNOWLEDGMENT
The foregoing instrument relates to a Deed of Absolute Sale consisting of two (2) pages
including this page of acknowledgment, signed by the parties and their instrumental witnesses on both
pages thereof, in my presence, and sealed with my Notarial Seal.
NOTARY PUBLIC