(Deed of Exchange of Property / Barter)

DEED OF EXCHANGE

KNOW ALL MEN BY THESE PRESENTS:

This Deed of Exchange made and entered into by and between:

_____________, of legal age, Filipino, (single / married / widow), and a

resident of _____________, Philippines, (hereinafter referred to as the
"FIRST PARTY");
- and -

_____________, of legal age, Filipino, (single / married / widow), and a

resident of _____________, Philippines, (hereinafter referred to as the
"SECOND PARTY");

W I T N E S S E T H:

WHEREAS, the FIRST PARTY is the true and registered owner of a certain parcel of
land, situated at _____________, Philippines, covered by Transfer Certificate of Title No.
_____________ of the Register of Deeds of _____________, more particularly described as
follows:

(Technical Description of Property)

WHEREAS, the SECOND PARTY is the true and registered owner of a certain parcel of
land, situated at _____________, Philippines, covered by Transfer Certificate of Title No.
_____________ of the Register of Deeds of _____________, more particularly described as
follows:

(Technical Description of Property)

WHEREAS, the FIRST PARTY and the SECOND PARTY have agreed to transfer and
convey by way of exchange the above-described parcel of lands in favor of each other;

NOW THEREFORE, for and in consideration of the foregoing premises, the FIRST
PARTY by these presents hereby CEDES, TRANSFERS and CONVEYS BY WAY OF
EXCHANGE the parcel of land covered and described under Transfer Certificate of Title No.
_____________ of the Office of the Register of Deeds of _____________, including all
improvements found and standing thereon, in favor of the SECOND PARTY and in the same
manner, the SECOND PARTY CEDES, TRANSFERS and CONVEYS BY WAY OF
EXCHANGE the parcel of land covered and described under Transfer Certificate of Title No.
_____________ of the Office of the Register of Deeds of _____________, including all
improvements found and standing thereon in favor of the FIRST PARTY.

IN WITNESS WHEREOF, we have hereunto set our hands, this _____________ at

_____________, Philippines.

FIRST PARTY SECOND PARTY

SIGNED IN THE PRESENCE OF:

__________________ __________________

(ACKNOWLEDGMENT)