DEED OF CONDITIONAL SALE

KNOW ALL MEN BY THESE PRESENTS:

This DEED made and executed this _______________ in Dumaguete City by and between:

ESTERLITA T. DUMAPIT, of legal age, Filipino, married and a resident of Sacsac,

Bacong, Negros Oriental, Philippines, hereinafter known as the FIRST PARTY;

-AND-

ALEDA NICOLE J. ZERNA, a minor, Filipino, single and a resident of N. Escario St.,
Cebu City, Philippines, duly assisted by her guardian EDA GEMMA ZERNA, of legal age,
Filipino, married and a resident of N. Escario St., Cebu City, Philippines, hereinafter known as the
SECOND PARTY;

WITNESSETH:

WHEREAS, the FIRST PARTY is the absolute owner of a portion of a parcel of land, Lot
No. 1150 covered by Original Certificate of Title No. 16841, situated in Sacsac, Bacong, Negros
Oriental, Philippines, with all the improvements found thereon. That the FIRST PARTY’S
ownership is by virtue of an __________________________________ otherwise known as Doc. No. ___;
Page No. ___; Book No. ___; Series of ____ of the notarial register of Notary Public Atty.
____________________ in _________________, which parcel of land is more particularly described as
follows:

ORIGINAL CERTIFICATE OF TITLE NO. 16841

“A parcel of land (Lot No. 1150 of the Cadastral Survey of Bacong), with its
improvements, situated in the Barrio of Sacsac, Municipality of Bacong.
Bounded on the N., by Lot No. 568; on the E., by Lot No. 1151; on the S. by Lot
No. 1153; and on the W. by Lot No. 1149. Containing an area of ONE
THOUSAND SIX HUNDRED SEVENTY-SIX (1,676) SQUARE METERS,
more or less.”

That the FIRST PARTY has manifested her desire and willingness to sell her share, portion
of the above-described parcel of land together with the improvements standing thereon,
consisting a total area of EIGHTY-EIGHT (88) SQUARE METERS, more or less, to the SECOND
PARTY for a total consideration of EIGHTY-EIGHT THOUSAND PESOS (Php88,000.00), in
Philippine Currency, and the FIRST PARTY undertakes upon execution of this contract never to
encumber, dispose nor sell the same to any other third person or entity;

That the SECOND PARTY likewise has manifested her willingness and desire to purchase
the share of the portion of the above-described parcel of land together with all the improvements
found thereon;

FURTHER WITNESSETH:

That the FIRST PARTY and the SECOND PARTY agree to be bound on this DEED under
the following terms and conditions:

1. That upon the execution of this contract, the SECOND PARTY shall pay the amount
of FIFTY THOUSAND PESOS (Php50,000.00), in Philippine Currency, to the FIRST
PARTY as down payment;

2. The remaining balance of THIRTY-EIGHT THOUSAND PESOS (Php38,000.00) will

be paid by the SECOND PARTY to the FIRST PARTY upon the completion and
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presentation of notarized Extrajudicial Settlement of Estate and Waiver the FIRST

PARTY together with her co-heirs will execute covering the subject property as above-
described;

3. The SECOND PARTY shall have the right to take possession of the improvements
situated in the land as part of the share of the FIRST PARTY and exercise all the rights
of an owner thereof;

4. The FIRST PARTY shall execute a Deed of Absolute Sale in favor of the SECOND
PARTY upon payment of the remaining balance for purposes of transfer of the title of
the above-described parcel of land under the name of the SECOND PARTY;

5. The SECOND PARTY will shoulder the capital gains tax, documentary stamp tax,
transfer tax, notarial fees and all administrative fees including processing fees
necessary for the transfer of Title to her name;

IN WITNESS WHEREOF, WE have hereunto set our hands this ________________, in

Dumaguete City, Philippines.

ESTERLITA T. DUMAPIT ALEDA NICOLE J. ZERNA

First Party Second Party
OSCA ID NO. 4566 Duly assisted by her guardian
EDA GEMMA ZERNA
ID NO. ______________________________

SIGNED IN THE PRESENCE OF:

___________________ ___________________

ACKNOWLEDGMENT

REPUBLIC OF THE PHILIPPINES )

PROVINCE OF NEGROS ORIENTAL ) S.S.
CITY OF DUMAGUETE………. .… )

BEFORE ME, a Notary Public for the City of Dumaguete and the Municipalities of Sibulan,
Valencia, Bacong Dauin, Zamboanguita and Siaton, this _________________ in Dumaguete City,
Philippines, personally appeared the parties with their respective proof of identity found below
their names. This instrument relates to the Deed of Conditional Sale of a portion of a parcel of land
known as Lot No. 1150 covered by Original Certificate of Title No. 16841, situated in Sacsac,
Bacong, Negros Oriental, Philippines, consisting of two (2) pages, including this page where the
acknowledgement is written and has been signed by the parties and their instrumental witnesses
on every page hereof and they acknowledge to me that the same is their free and voluntary act and
deed.

WITNESS MY HAND AND SEAL.

Doc. No. ___;

Page No. ___;
Book No. ___;
Series of 2019.

2
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ACKNOWLEDGMENT RECEIPT

I, ESTERLITA T. DUMAPIT, of legal age, Filipino, married and a resident of Sacsac,

Bacong, Negros Oriental, Philippines, hereby acknowledge receipt of the sum of FIFTY
THOUSAND PESOS (PhP50,000.00), in Philippine Currency, as PARTIAL payment for the
sale of a portion consisting an area of EIGHTY-EIGHT (88) SQUARE METERS, more or less, of
a parcel of land Lot No. 1150 covered by Original Certificate of Title No. 16841, situated in Sacsac,
Bacong, Negros Oriental, Philippines, together with the improvements standing thereon, from
ALEDA NICOLE J. ZERNA, a minor, Filipino, single and a resident of N. Escario St., Cebu City,
Philippines, duly assisted by her guardian EDA GEMMA ZERNA, of legal age, Filipino, married
and a resident of N. Escario St., Cebu City, Philippines.

Done this _________________, in Dumaguete City, Negros Oriental, Philippines.

ESTERLITA T. DUMAPIT
First Party
OSCA ID NO. 4566