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ABSOLUTE TRANSFER OF RIGHTS

KNOW ALL MEN BY THESE PRESENTS:


This Transfer of Rights entered into by and between:
SILVERIO L. DELA CRUZ, all of legal age, Filipino, married and with
residence at Purok 21, Libtong, Brgy. Central, Manay, Davao Oriental
hereinafter referred to as the TRANSFEROR.
-AND
NESTOR G. MANDABON, widower, legal age, Filipino, with residence
address at Purok Magbojos, San Ignacio, Manay, Davao Oriental,
hereinafter referred to as the TRANSFEREE.

WITNESSETH:
That, the TRANSFEROR is the lawful claimant, cultivator, actual
occupant, and lawful possessor of the subject parcel of land situated at
Panayas, Del Pilar, Manay, Davao Oriental, more particularly described as
follows:
More or less 50,000 square meters- being portion of the properties
located at Panayas, Del Pilar, Manay, Davao Oriental and covered by
T.D. Nos. 7639, 7638 and 7637 designated as Lot Nos. 2195, 2196
and 2196-pt respectively;
That the transferor has acquired rights over the above-mentioned property
as heir of Genaro dela Cruz, through an Extra-Judicial Settlement and/or
Partition of the Estate of Genaro dela Cruz with Waiver entered in the
Notarial Book of Alejandro A. Aquino with Document Number 394, Page
No. 79, Book No. 39 Series of 1995 dated February 17, 1995.
NOW THEREFORE, for and in consideration of the sum of FIVE
HUNDRED FIFTY THOUSAND PESOS(P 550,000) Philippines Currency,
which the TRANSFEROR hereby acknowledge to have received in full from
the TRANSFEREE; The TRANSFEROR hereby sells, cedes, transfers and
relinquishes all rights and interests together with all the improvements
found thereon in favor of the TRANSFEREE, his heirs, assigns, and
successors in interest free from all liens and encumbrances;
NOW THEREFORE, for and in consideration of the sum of FIVE
HUNDRED FIFTY THOUSAND PESOS (550,000 php) Philippine Currency,
which the transferee already paid to the transferor; The TRANSFEREE
hereby ACCEPTS all rights and interest together with all the improvements
found on the subject property.
This instrument is made in good faith and not for any speculation
purposes and the amount aforementioned is the reimbursement of the
expenditures incurred in the cultivation and improvement of the said
parcel of land thus transferred and ceded.
IN WITNESS WHEREOF, We hereunto set our hands this 2nd day of
October, at Manay, Davao Oriental.
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SILVERIO L. DELA CRUZ
TRANSFEROR

NESTOR G. MANDABON
TRANSFEREE

SIGNED IN THE PRESENCE OF:

__________________________ ____________________________

ACKNOWLEDGMENT

REPUBLIC OF THE PHILIPPINES)


DAVAO ORIENTAL ) SS.

BEFORE ME, a Notary Public for and in Davao Oriental, personally appeared:

Name Competent Proof of Date/Place of


Identity Issue

SILVERIO L. DELA Senior Citizen I.D 1004


CRUZ

NESTOR G. MANDABON DL L07-88-002589

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


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

This instrument, consisting of 2 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 day of October 2, 2018 at Manay,


Davao Oriental.

Notary Public

Doc. No. _____


Page No. _____
Book No. _____
Series of 2018

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