CONTRACT OF SALE

KNOW ALL MEN BY THESE PRESENTS:

This CONTRACT OF SALE, is made and executed this ______________ by and

between:

RAYMUNDO G. PLATON, of legal age, single, Filipino, and with residence

and postal address at Purok 1 Logdeck, Magangit, New Bataan, Compostela
Valley Province, hereinafter referred to as the "SELLER/VENDOR";

-AND-

SPOUSES RODEL VERGEL PINILI and ARLENE E. PINILI, both of legal

age, Filipinos, with residence and postal address at Purok 7, Poblacion,
Nabunturan, Compostela Valley, hereinafter referred to as
the "BUYER/VENDEE".

WITNESSETH;

WHEREAS, the SELLER/VENDOR is the absolute and registered owner

of a parcel of a agricultural land consisting of ONE THOUSAND THREE
HUNDRED (1,300) square meters, more or less, situated in Purok 5, Sta.
Maria, Nabunturan, Compostela Valley Province, and covered by Transfer
Certificate of Title No. __________ issued by the Registry of Deeds of Tagum City;

WHEREAS, the BUYER/VENDEE offered to buy and the SELLER/

VENDOR has agreed to sell the above mentioned property, for a price of ONE
HUNDRED THOUSAND PESOS (P100,000.00);

NOW THEREFORE, for and in consideration of the total sum of FOUR

HUNDRED FIFTY THOUSAND PESOS (P 450,000.00)Philippine Currency, to be
paid in the manner hereunder specified, the SELLER/VENDOR hereby
SELLS, TRANSFERS, CONVEYS unto the BUYER/VENDEE the aforesaid
property together with all the improvements thereon, subject to the following
terms and conditions:

1. The total consideration of ONE HUNDRED THOUSAND PESOS (Php:

100,000.00) PESOS, Philippine Currency, shall be payable as follows:

RAYMUNDO G. PLATON SPOUSES RODEL VERGEL PINILI

SELLER/VENDOR BUYER/VENDEE
_____________________ _____________________

and
ARLENE E. PINILI
BUYER/VENDEE
_____________________

SIGNED IN THE PRESENCE OF:

__________________________ ____________________________
 a) The amount of ONE HUNDRED THOUSAND PESOS (Php:
100,000.00) PESOS, representing earnest money shall be payable by
the BUYER/VENDEE to the SELLER/VENDOR upon signing of this
Contract of Sale;

b) The remaining balance in the amount of THREE HUNDRED

FIFTY THOUSAND PESOS (Php: 350,000.00) PESOS, shall be paid in
yearly installments at One Hundred Thousand Pesos (P 100, 000.00)
beginning January 2019 until fully paid, but not later than January
2020;

2. The SELLER/VENDOR attest that he is the rightful registered owner, in fee

simple in accordance with law, and further hereby warrants his title over the
land above-described, with full right to dispose the same;

3. The SELLER/VENDOR has conveyed and delivered and by these presents,

thus hereby convey and deliver unto and in favor of the BUYER/VENDEE the
material and physical possession of the property herein sold, and likewise
acknowledges the BUYER/VENDEE's right to peaceful possession over the
premises of the subject land and to demand faithful compliance unto the
SELLER/VENDOR of his obligations arising from this contract;

4. Upon full payment of the total consideration hereof,

the SELLER/VENDOR shall hereby undertake to execute further instrument,
Deed of Absolute Sale or Affidavit of Confirmation of Sale in favor of the
BUYER/VENDEE as soon as the approved technical description for the precise
delineation, by meets and bounds, of the lot subject hereof and/or further
subdivided shall issue from the proper authorities. sign and execute a DEED
OF ABSOLUTE SALE in favor of the BUYER/VENDEE. The
SELLER/VENDOR shall likewise execute and/or deliver any and all
documents, including but not limited to the original copy of Transfer Certificate
of Title, Tax Declaration and all other documents necessary for the transfer of
ownership from SELLER/VENDOR to the BUYER/VENDEE.

6. The Capital Gains Tax, Real Estate Tax, Documentary Stamps Tax,
Registration Fee and all other miscellaneous expenses for the transfer of title
shall be for the account of the BUYER/VENDEE;

RAYMUNDO G. PLATON SPOUSES RODEL VERGEL PINILI

SELLER/VENDOR BUYER/VENDEE
_____________________ _____________________

and
ARLENE E. PINILI
BUYER/VENDEE
_____________________

SIGNED IN THE PRESENCE OF:

__________________________ ____________________________
7. The parties agree that should any of the stipulations be held invalid, the
legality and enforceability of the remaining provisions shall not in any way be
affected or impaired;

IN WITNESS WHEREOF, the parties have hereunto affixed their

signatures, this ___ day of ____________, 20__ at _________________________,
Philippines.

RAYMUNDO G. PLATON SPOUSES RODEL VERGEL PINILI

SELLER/VENDOR BUYER/VENDEE
_____________________ _____________________

and
ARLENE E. PINILI
BUYER/VENDEE
_____________________

SIGNED IN THE PRESENCE OF:

__________________________ ____________________________

ACKNOWLEDGMENT

REPUBLIC OF THE PHILIPPINES)

Province of Davao del Norte.........)S.S.
City of Tagum .............................)

BEFORE ME, a Notary Public, this ____________day of ________________,

personally appeared the SELLER/VENDOR, RAYMUNDO G. PLATON and the
BUYER/VENDEE, SPOUSES RODEL VERGEL PINILI and ARLENE E. PINILI,
known to me and to me known to be the same persons who executed and
signed the foregoing contract of sale, same acknowledging to me that such is
their free and voluntary act and deed, and that the whole contents therein are
true.

This instrument, consisting of three (3) pages, including the page on

which this acknowledgment is written, has been signed on 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 day, year and place above written.

Doc. No. ........;

Page No. .......;
Book No. .......;
Series of 20__.