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DEED OF SALE OF REAL PROPERTY

KNOW ALL MEN BY THESE PRESENTS:

This agreement made, entered and executed this 26th of September, 2005 in
Sampaloc of Metro Manila by and between:

Gerry Cruz of legal age, single, Filipino, and with residence and
postal address at Boulevard St., Quezon City , represented in this act by
Jon Cruz, his duly appointed attorney-in-fact, Filipino, of legal age, single
and residing at Sampaloc, Metro Manila, which special power of attorney
is herewith attached and marked as Annex “A” and made an integral part
hereof, hereinafter referred to as the SELLER

-AND-

Angelo Santos, Filipino and with residence and postal address at

Southeast Avenue Metro Manila, hereinafter referred to as the BUYER.

WITNESSETH;

WHEREAS, the SELLER, GERRY CRUZ, is the registered owner

of a parcel of land with improvements located at Lot 123 Blk 24 of Luna
Street Sampaloc, Manila and covered by Transfer Certificate of Title No.
12345, of the Registry of Deeds of Metro Manila, containing a total area of
one thousand (1,000) SQUARE METERS, more or less, and more
particularly described as follows:

TRANSFER CERTIFICATE OF TITLE NO. 12345

“A PARCEL OF LAND (Lot 123 Blk 24 of Luna Street Sampaloc,

Manila of consolidation subdivision plan (LRC) Pcs-13265, being a portion
of the consolidation of Lots 1231-A and 1231-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 the Green Meadows
Subdivision Luna Street Sampaloc, Manila. Bounded on NE., point 4 to 1
by Road Lot 122, on...to the point of beginning; containing an area of (300)
square meters more or less..."

WHEREAS, the BUYER has offered to buy and the SELLER has
agreed to sell the above-mentioned property for the amount of One Million
pesos only, (P 1,000,000.00) Philippine Currency;
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WHEREFORE, for and in consideration of the sum of One Million

pesos only (P 1,000,000.00) Philippine Currency, hand paid by the vendee
to the vendor, the SELLER DO HEREBY SELL, TRANSFER, and
CONVEY by way of Absolute Sale unto the said BUYER, 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.

IN WITNESS WHEREOF, I have set my hand on the 26th day of

September 2005, at Sampaloc Metro Manila.

________________ ___________________
GERRY CRUZ ANGELO SANTOS
Seller Buyer

By:

___________________
JON CRUZ
Attorney-in-fact of GERRY CRUZ the seller

SIGNED IN THE PRESENCE OF:

____________________ ___________________
Boy Boyet Los Palma
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REPUBLIC OF THE PHILIPPINES)

City of Manila, Philippines) SS.
x-----------------------------------x

ACKNOWLEDGMENT

BEFORE ME, a Notary Public for and in the City of Manila, personally
appeared:

Name Competent Evidence of Identity Date/Place Issued

Gerry Cruz PRC ID. No. 34210 March 13, 2004/ Manila
Angelo Santos SSS ID No. 07-44444-00 May 9,2004/Manila
Jon Cruz Driver’s License May 30, 2004/Manila
ID no. 1234

Known to me and to me known to be the same person who executed the

foregoing instrument and acknowledged to me that the same are their free
act and voluntary deed.

I further certify that the foregoing instrument is a deed of absolute sale of

1,000 sq. meters parcel of land located at Luna Street Sampaloc, Manila.

This instrument, consisting of 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 this 26th day of September 2005

at Sampaloc Metro Manila.

ATTY. ISIDORE T. TAROL III

Notary Public
Valid until December 31, 2005
Roll of Attorneys No. 753000
PTR NO. 12345-753, Manila, June 27, 2005
IBP NO. 753-12345, Manila, June 27, 2005
MCLE Compliance. No. IV-12345-7530
Doc. No. 11;
Page No. 3;
Book No.1;
Series of 2005
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Annex “A”

SPECIAL POWER OF ATTORNEY

KNOW ALL MEN BY THESE PRESENTS:

I, Gerry Cruz, single, of legal age, residing at Boulevard St., Quezon City,
do hereby name, constitute and appoint my brother, Jon Cruz, single,
likewise of legal age, resident of Southeast Avenue Metro Manila, to be my
true and lawfully attorney-in-fact , for me and in my name, place and stead
within the period of six (6) months, to SELL, TRANSFER, PROCESS,
NEGOTIATE, and CONVEY, to Mr. Angelo Santos who may purchase or
buy the parcel of land I owned, with improvements, located in Sampaloc,
Manila, and more particularly described to wit:
1,000 sq. meters residential lot along the road in Sampaloc,
Metro Manila of which I am the registered owner in fee simple, my
title thereto being evidenced by Transfer/Original Certificate of title
no. 12345 , issued by the Register of Deeds of Manila, free from all
liens and encumbrances; and,
HEREBY GIVING AND GRANTING unto my representative full
powers and authority to execute and perform every act necessary to
render effective the power to process, sign any document, negotiate and
sell the piece of land, as though I, have so performed it, and HEREBY
APPROVING ALL that he may do by virtue hereof with full right of
substitution of his person and revocation of this instrument.

IN WITNESS WHEREOF, I have set my hand on the 26th day of

September 2005, at Sampaloc, Metro Manial.

_____________ ______________
Gerry Cruz Jon Cruz
Principal Attorney –in-fact
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ACKNOWLEDGMENT

Republic of the Philippines)

City of Manila) S.S

x-------------------------------x

BEFORE ME, personally appeared, Gerry Cruz, with his Driver’s License
ID 12345 issued on January 5, 2004 at Manila and Jon Cruz with his GSIS
ID no. 54232 issued on May 05, 2004 at Manila.
Known to me and to me known to be the same person who executed the
foregoing instrument and acknowledged to me that the same is his free
and voluntary act and deed.

WITNESS MY HAND AND SEAL, on September 26, 2005 at

Sampaloc, Metro Manila

ATTY. ISIDORE T. TAROL III

Notary Public
Valid until December 31, 2005
Roll of Attorneys No. 753000
PTR NO. 12345-753, Manila, June 27, 2005
IBP NO. 753-12345, Manila, June 27, 2005
MCLE Compliance. No. IV-12345-7530

Doc. No. 11;

Page No. 3;
Book No.1;
Series of 2005