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DEED OF SALE OF MOTOR VEHICLE

KNOW ALL MEN BY THESE PRESENTS:


That I, LEA E. DRYDEN, Filipino, of legal age, a resident
of 13-F Mango Drive, Binictican Heights, Subic Bay Freeport
Zone, is the lawful owner of a certain motor vehicle which is
more particularly described as follows:
MAKE: Ford

Motor No. : D4BXN321078

SERIES: FIERA

SERIAL/CHASSIS NO.: SUQ5BA94781

TYPE OF BODY: Crew


Cab

PLATE NO.: CEY-901

YEAR MODEL: 1983

FILE NO.: 0332-00000020470


C.R. NO.: 4282730-4

That for and in consideration of the sum of FIFTY


THOUSAND PESOS (PhP50,000.00), pesos, Philippine Currency,
receipt whereof is hereby acknowledged to my entire
satisfaction, I hereby sell, transfer and convey by way of
Absolute Sale unto DAVID A. LUBONG, Filipino, of legal age,
and resident of Barangay Burgos, San Marcelino, Zambales,
the above described motor vehicle, free from all liens and
encumbrances.
IN WITNESS WHEREOF, we have hereunto affixed our
signatures this 13th day of August at Olongapo City.

LEA E. DRYDEN
LUBONG
Vendee

DAVID A.
Vendor

Signed in the presence of:


____________________

___________________
ACKNOWLEDGEMENT

Republic of the Philippines)

BEFORE ME, personally appeared:


NAME

CTC/ID NUMBER

DATE/PLACE

ISSUED
LEA E. DRYDEN

______________

________________

DAVID A. LUBONG

______________ _________________

known to me and to be known to be the same persons who


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

AGREEMENT, made and entered into by and between:


____________, of legal age, Filipino, single/married
and residing at _________, hereinafter referred to as the
VENDOR,
- and _____________, of legal age, Filipino, single/married and
residing at _________, hereinafter referred to as the VENDEE,
WITNESSETH:
That the VENDOR is the registered owner of a
residential house and lot located at _____ covered by Transfer
Certificate of Title No._____ of the Register of Deeds of _____ and
more particularly described as follows:
- technical description That for and in consideration of the sum of ______
(P______), Philippine Currency, the VENDOR hereby conditionally
SELLS, TRANSFERS AND CONVEYS unto the VENDEE, his heirs,
successors and assigns the above described residential house
and lot, together with all the improvements thereon, under the
following terms and conditions:
1. That the amount of ______ (P___) shall be paid by the
VENDEE to the VENDOR as down-payment;
2. That the balance of _________ (P_____) shall be paid in
the following manner:
3. That the capital gains tax, documentary stamps,
registration fee, transfer tax, documentation expenses and
notarial fee shall be for the account of the VENDEE;
4. That the realty tax for the year____ shall be for the
account of the a VENDOR
5. Title to the above-described property subject of this
contract remains with the VENDOR and shall pass to and be
transferred to the VENDEE only upon complete payment of the
full consideration above agreed upon and the execution and
signing of the final DEED OF ABSOLUTE SALE;
6. Other conditions, if any.

IN WITNESS WHEREOF, both parties hereunto set their


hands this ___ day of February, 2002 at the City of Pasay,
Philippines.

Signature of VENDEE

Signature of VENDOR

SIGN IN THE PRESENCE OF: __________ __________


ACKNOWLEDGMENT