DEED OF SALE OF MOTOR VEHICLE

KNOW ALL MEN BY THESE PRESENTS:

We, the POTOTAN FARMERS MULTI-PURPOSE COOPERATIVE (PFMPC), a

Cooperative duly registered with the Cooperative Development Authority with address at
Matias Yusay Street, Pototan, Iloilo, Philippines, duly represented herein by its General
Manager, MIRALYN J. PENASO, hereinafter referred to as the "SELLER" and ENGR.
GLER B. PELAEZ, likewise of legal age, married, Filipino and a resident of Brgy. Batuan,
Pototan, Iloilo, Philippines, hereinafter referred to as the "BUYER", by these presents,
hereby state:
The VENDOR is the registered owner of a motor vehicle that is more particularly
described as follows:

Make :ISUZU STAKE TRUCK

Engine Number :4BE1-960079
Chassis Number :NKR58L-7107769
Official Receipt Number :1576058396/3-21-2019
CR Number :6714713-5/5-14-2008
Plate Number :YBV 703

For and in consideration of the sum of two HUNDRED TWENTY THOUSAND

PESOS (Php 220,OOO.OO), receipt of which is hereby acknowledged to the full and
complete satisfaction, the VENDOR, by these presents, hereby SELL, CEDE,
TRANSFER and CONVEY, said motor vehicle in favor of the VENDEE, his heirs,
successors and assigns, free from all liens and encumbrances.

IN WITNESS WHEREOF, we have hereunto set our hands this 17th day of
September, 2019 in the City of Iloilo, Philippines.

PFMPC represented herein by GLER B. PELAEZ

its Manager, MIRALYN J. PENASO Vendee
Vendor

BEFORE ME, this 17th day of September, 2019 in the City of Iloilo, Philippines,
personally appeared the above-named persons who exhibited their respective identities,
to wit:
Miralyn J. Penaso ____OSCA ID________ _______0325_________
Gler B. Pelaez _____IRPC ID________ _______0816-02_______

known to me and to me known to be the same persons who executed the foregoing
Deed of Sale of Motor Vehicle and acknowledged to me that the same is their free and
voluntary act and deed.

WITNESS MY HAND AND SEAL on the date and place above-written.

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