MUNICIPALITY OF SIBULAN AGREEMENT, ACKNOWLEDGMENT RECEIPT AND PROMISORY NOTE KNOW ALL MEN BY THESE PRESENTS: That I, JETHER M. BANQUERIGO, legal age, Filipino, single and a resident of barangay Poblacion, Sibulan, Negros Oriental, for herself and in behalf of her brother and sister, By These Presents, DO HEREBY manifest that we are the owners of that portion of Lot No. 398, located in barangay Poblacion, Sibulan, Negros Oriental, consisting of TWENTY TWO (22) square meters, more or less, and more particularly described as follows, to wit: PORTION OF LOT NO. 398 A parcel of land, Lot No. 398 (portion), being a portion of Lot No. 398, Sibulan Cadastre, situated in the barangay Poblacion, Municipality of Sibulan, Negros Oriental. Bounded on the S.E., S.W., and N.W., along lines 4-1-2-3 by Lot No. 398 (portion); containing an area of TWENTY TWO (22) square meters, more or less. Further, I hereby acknowledged to have received the sum of TEN THOUSAND PESOS (Php10,000.00), Philippine currency, in hand paid by AQUILINA D. ALLAN, married to Ladjahassan L. Allani, likewise of legal age, Filipino, and a resident of barangay Poblacion, Sibulan, Negros Oriental; representing the partial payment of the SALE of the aforementioned Lot No. 398 (portion) sold at ONE THOUSAND PESOS (Php1,000) per square meter, and the balance of the selling price shall be paid at TWO THOUSAND PESOS (Php2,000.00) monthly starting July 2010 until the same is fully paid, without prejudice of paying the full balance anytime. The execution of the absolute Deed of Sale shall be made after the full payment of the purchase price. IN WITNESS WHEREOF, I have hereunto affixed our signatures this ___day of May 2010 at Sibulan, Negros Oriental. AQUILINA D. ALLANI (Vendee)
JETHER M. BANQUERIGO (Vendor)
Signed in the presence of:
1.
2.
SUBSCRIBED AND SWORN to before me this ___day of May 2010, at Sibulan,