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CONDITIONAL DEED OF SALE

KNOW ALL MEN BY THESE PRESENTS:

This CONDITIONAL DEED OF SALE entered into this 11th day of

October 2019, in the City of Ilocos Norte, by and between:

Looka Luko, married to Looko Luko, both of legal age, Filipino, and
resident of San Mateo, Laoag, Ilocos Norte, hereinafter referred to as
VENDOR.

Bai Baknang, married to Laki Baknang, both of legal age, Filipino,

and resident of Poblacion, Laoag, Ilocos Norte, hereinafter referred
to as VENDEE.

WITNESSETH

That, the VENDOR do hereby sell, convey, and transfer in a manner

absolute and irrevocable unto said VENDEE, his heirs and assigns,
for and in consideration of Two Million Five Hundred Thousand
Pesos (Php2,500,000.00) Philippine Currency, the property,
including improvements therein, situated in San Mateo, Laoag,
Ilocos Norte, and more particularly described as follows:

Transfer Certificate of Title No. 12345678 referred to in

“Annex A” particularly described as follows:

(provide the metes and bounds of the lot as well as its

description)

That the VENDOR hereby sells to the VENDEE who agreed to buy the
above-described lands under the following terms and conditions to
wit:

That the total consideration of the sale is Two Million Five

Hundred Thousand Pesos (Php2,500,000.00);

2. That upon signing of this contract the VENDEE shall pay

the VENDOR a down payment of One Million Five Hundred
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Thousand Pesos (P1,500,000.00); that the remaining balance

shall be paid in full upon transfer of the title and tax declaration in
the name of the VENDEE;

3. That the VENDOR shall give the VENDEE absolute and

complete control and possession of the subject property thereon
upon the receipt first payment;

4. That the VENDOR, reserves his right of ownership over the

subject land until full payment of the consideration;

5. Further, that in the event that the VENDOR should fail or

deliberately refuse to comply with his obligation, the VENDEE shall
be reimbursed of the amount of the purchase price paid, cost of
improvements as well as beneficial interests and other damages that
the VENDEE may suffer;

6. And Finally, VENDEE shall pay for the capital gains tax,
documentary stamp tax and cost registration.

IN WITNESS WHEREOF, I have hereunto set my hand this 15th day of

October 2019, at Laoag City, Philippines.

Looka Luko Looko Luko

VENDOR VENDOR
CTC No. 267393335 CTC No. 267393335
Issued on October 9, 2019 Issued on October 9, 2019
At Laoag City, Ilocos Norte At Laoag City, Ilocos Norte

Bai Baknang Laki Baknang

VENDEE VENDEE
CTC No. 9264649374 CTC No. 9264649374
Issued on October 3, 2019 Issued on October 3, 2019
At Laoag City, Ilocos Sur At Laoag City, Ilocos Sur
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SIGNED IN THE PRESENCE OF:

SARAH DUTERTE PAOLO BANDILA

Witness Witness

ACKNOWLEDGMENT

Republic of the Philippines)

_______________________) S.S.

BEFORE ME, this 15th day of October 2019, in the City of

Laoag, personally appeared the following, and whose community
tax certificate were presented as proof and respectively, known to
me and to me known to be the same persons who executed the
foregoing Conditional Deed of Sale, and he acknowledge to me that
the same is his free act and deed.

Bai Baknang Laki Baknang

VENDEE VENDEE
CTC No. 9264649374 CTC No. 9264649374
Issued on October 3, 2019 Issued on October 3, 2019
At Laoag City, Ilocos Sur At Laoag City, Ilocos Sur

Looka Luko Looko Luko

VENDOR VENDOR
CTC No. 267393335 CTC No. 267393335
Issued on October 9, 2019 Issued on October 9, 2019
At Laoag City, Ilocos Norte At Laoag City, Ilocos Norte

This document consisting of three (4) pages, including the

page on which this acknowledgement is written, has been signed
on the left margin of each and every page thereof by the parties and
their witnesses and sealed with my notaries seal.
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IN WITNESS WHEREOF, I have hereunto set may hand the

day, year and place above written.

ZAHREENA I. DELA CRUZ

NOTARY PUBLIC
Roll No. 2353711
PTR NO. 8163374492
Issued at Laoag City
On May 11, 2018
Doc. No.12
Page No. 11
Book No. 20
Series of 2019.