DEED OF SALE OF MOTOR VEHICLE WITH ASSUMPTION OF MORTGAGE

KNOW ALL MEN BY THESE PRESENTS:

That I , , of legal age ,single, with residence and

postal address at , for

and in consideration of the amount of PESOS: ,

(P ), Philippine Currency , and other valuable consideration, receipt of which

Is hereby acknowledged from , likewise of legal age,

Married/single ,with residence and postal address at ,

, hereby SELLS, TRANSFERS AND CONVEYS and by these presents have SOLD

TRANSFERRED AND CONVEYED unto said the

Following motor vehicle described as follows:

Make:

Model:

Type:

Serial No.:

Motor No.:

Plate No.:

Conduction sticker No.:

of which I am absolute owner.

I hereby warrant that said motor vehicle is still mortgaged with BANK OF THE PHILIPPINE
ISLANDS (BPI), with remaining balance of ,

(P ), payment due every of the month starting up to

And that I will depend my title and rights of the VENDEE from any claims

of whatever kind or nature of third persons.

With obligation as follows:

 Yearly renewal of Insurance

 Yearly LTO Registration

IN WITNESS WHEREOF, I have hereunder affixed my hand this th day of , ,

At , Philippines.
CONFORME:

VENDEE VENDOR

SIGNED IN THE PRESENCE OF: