DEED OF SALE with ASSUMPTION OF MORTGAGE

KNOW ALL MEN BY THESE PRESENTS:

This DEED OF ABSOLUTE SALE is made, executed and entered into by:

GERRY H. MABINI, of legal age, Filipinos, and with residence and postal
address at 14 Arnaldo ST., GENERAL TRIAS CAVITE,. hereinafter referred to as
the SELLERS

-AND-

EVELYN P. DELOS REYES., of legal age, Filipinos and with residence and
postal address at BLK. 20,LOT 2 ACM WOODSTOCK SUBD SANJA MAYOR
TANZA CAVITE, hereinafter referred to as the BUYERS.

WITNESSETH;

WHEREAS, the SELLERS are the registered owners of a parcel of land with
improvements located at BLK 20,LOT 34, GENTREE VILLAS BRGY. PASONG
KAWAYAN 1 GENERAL TRIAS CITY CAVITE and covered by Transfer
Certificate of Title No. 057-2017056716 containing a total area of THIRTY SIX
(36) SQUARE METERS, more or less, and more particularly described as follows:

TRANSFER CERTIFICATE OF TITLE NO. 057-2017056716

” A PARCEL OF LAND (Lot 34, Block 20 of the cons. and subd. Plan Pcs 04-030652, being a
portion of LOTS 2252-B-5,PSD-0421078-064064, , L. R. C Rec. No. 5964) situated in Barrio of
Pasong Kawayan 1, Mun. of General Trias, Province of Cavite, Island of Luzon. Bounded on the
SE., along line 1-2 by Lot 33, Blk. 20; on the SW., along line 2-3 by Lot 32, Lot 20; on the NW.,
along line 3-4 by Road Lot 21 and on the NE., along line 4-1 by Lot 36, Blk. 20 all of the cons. and
subd. plan. Beginning at a pt. marked “1” on plan, being N xxxxxxx containing an area of THIRTY
SIX SQUARE METER (36) , more or less xxxxxx”

WHEREAS, the BUYERS have offered to buy and the SELLERS have
agreed to sell the above mentioned property for the amount of FIFTY THOUSAND
PESOS (P 50,000.00) Philippine Currency;

WHEREAS, the BUYERS may assume Home Development Mutual Fund

(HDMF) balance starting on JULY 2019 including occurrence of charges until fully
paid, except on the event that the SELLERS death may agree to pay half of the
unamortized balance to his beneficiary.

THAT the said property is mortgage by the SELLERS in favor of Home

Development Mutual Fund (Pag-IBIG Fund) as evidenced by the DEED OF
MORTGAGE executed on JULY 15 2019 by the said SELLERS and acknowledged
before a Notary Public of _______________________, and enter his notarial
register as Doc. No ___; Page ____; Book No. ______; Series of ______, a copy
of mortgage deed is hereto attached as ANNEX “A”, and made an integral part
thereof.

WHEREAS, the BUYERS have agreed to assume, as they hereby assume,

all the duties and obligations of the SELLERS imposed upon the latter in the afore-
mentioned DEED OF MORTGAGE, as if the present BUYERS were the
MORTGAGORS in the said DEED OF MORTGAGE.
 NOW THEREFORE, for and in consideration of the sum of FIFTY
THOUSAND (P 50,000.00) Philippine Currency, hand paid by the vendees to the
vendors, the SELLERS DO HEREBY SELL, TRANSFER, and CONVEY by way
of Absolute Sale unto the said BUYERS, his heirs and assigns, the certain parcel
of land together with all the improvements found thereon, free from all liens and
encumbrances of whatever nature including real estate taxes as of the date of this
sale.

__________________________________

Seller

__________________________________

Buyer

SIGNED IN THE PRESENCE OF:

__________________________ ____________________________

ACKNOWLEDGMENT

REPUBLIC OF THE PHILIPPINES)

City of ) SS.

 BEFORE ME, a Notary Public for and in the City of personally appeared:

Name Proof of Identity Date/Place Issued

_____________________

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 two (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 at City of

Notary Public

Doc. No. ........;

Page No. .......;
Book No. .......;
Series of …....;