DEED OF SALE WITH ASSUMPTION OF MORTGAGE

KNOW ALL MEN BY THESE PRESENTS:

This DEED, made and executed in ________________, Philippines, by and between:

Ramrence C. Catalig married to Wendy T. Catalig, of legal age, Filipino Citizens and
with residence and postal address at #89 Ilocos Sur St., Bago Bantay, Quezon City,
hereinafter called the VENDOR.

– and –

_______________________, of legal age, single, Filipino Citizen, and with residence and
postal address at ________________________
_______________________________________, hereinafter called the VENDEE.,

WITNESSETH: THAT-
WHEREAS, the VENDOR is the owner of certain parcels of land with all the
improvements existing thereon, situated at Molino, Bacoor, Cavite, specifically described
as follows:

TCT No. T- _____________

“A parcel of land . .

TCT No. _____________

WHEREAS, the above-described properties are presently mortgaged to PAG-IBIG
FINANCING LOAN to secure the payment of an original obligation in the principal sum
of P__________ contracted by the VENDOR from the aforenamed mortgagee under the
terms and conditions set forth in one instruments of mortgage, (Loan No.
_________________) executed on _______________________ and ratified before
__________________________, Notary Public in and for ____________, as per Doc. No.
___________, Page No. _________, Book No. _________, Series of _______________.
WHEREAS, the VENDOR has offered to sell and the VENDEE has agreed to buy the
above-described parcels of land with all the improvements thereon for the total price of
P150,000.00 payable in the manner and form set forth hereinbelow:

NOW, THEREFORE, for and in consideration of the sum of P130,000.00, Philippine

currency, the said VENDOR does hereby sell, transfer and convey, in a manner absolute
and irrevocable, unto the VENDEE, her heirs and assigns the real property above described
together with all the improvements existing thereon, free and clear of all liens and
encumbrances excepting the mortgagee as may be subsisting in favor of RCBC SAVINGS
BANK; and

The VENDEE does hereby accept this sale and binds herself to assume as she hereby
assumes the payment of the unpaid balance of the mortgage in indebtedness of the
VENDOR amounting to P__________ by monthly payments of P____________ as of this
date in favor of the aforenamed mortgagee and does hereby further agree to be bound by
the precise terms and conditions therein contained.

The SELLER shall secure the approval of the Mortgagee to the assumption by the BUYER
of the mortgages over the subject parcels of land.

IN WITNESS WHEREOF, the parties hereto have hereunto set their hands at the place
first above written, on this __________________ at ____________________________.

_____________________ _______________________
TIN: _________________ TIN: __________________

Vendor Vendee

With my marital consent:

____________________

TIN: _______________

Spouse of Vendor
SIGNED IN THE PRESENCE OF:
_____________________ _____________________

ACKNOWLEDGMENT
Republic of the Philippines)

BEFORE ME, a Notary Public in and for ______________, Philippines, this

___________________ personally appeared:
Name: Res. Cert. No./ Date/Place Issued
Passport No.
___________________ _______________ _____________________

___________________ _______________ _____________________

___________________ _______________ _____________________

known to me to be the same persons who executed the foregoing instrument and she
acknowledged to me that the same is their free and voluntary act and deed.

IN TESTIMONY WHEREOF, I have hereunto set my hand and affixed my notarial seal
on the date and at the place first above written.

Doc. No. _______;

Page No. _______;

Book No. ______;

Series of _________.