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DEED OF SALE OF MOTOR VEHICLE WITH ASSUMPTION OF MORTGAGE

KNOW ALL MEN BY THESE PRESENTS:

That I, JULIUS DAHONAN BALA, of legal age, single, with residence and postal address at
ZONE 3 AIRPORT ROAD CAAP-ARFF COMPOUND MURICAY DISTRICT PAGADIAN CITY, ZDS
7016, herein referred to as VENDOR. That for and in consideration of the amount of PESOS:
SIXTEEN THOUSAND PESOS (P16,000.00), Philippine Currency, and other valuable
consideration, receipt of which is hereby acknowledged from JAMIMAH GUINARO
DIMASIMPUN likewise of legal age, married/single, with residence and postal address at MVTS,
MOLAVE, ZAMBOANGA DEL SUR herein referred to as VENDEE, hereby SELLS, TRANSFERS AND
CONVEYS and by these presents have SOLD, TRANSFERRED AND CONVEYED unto said VENDEE
the following motor vehicle describe as follows:

Make: YAMAHA Serial No.: PA0SE9820K0102300


Model: MIO i125S Motor No.: E3W6E-0222017
Type: MOTORCYCLE W/O SIDECAR Plate No.: 090110
MV File No: 0901-00000509041

of which I am the absolute owner.

I hereby warrant that said motor vehicle is still mortgaged with BANK OF MAKATI, with
remaining balance of FORTY-THREE THOUSAND SIX HUNDRED TWENTY PESOS 0/100
(P43,620.00), for a period of one (1) year with monthly amortization amounting to THREE
THOUSAND SIX HUNDRED PESOS 35/100 (P3,635.00), payment due every 21st of the month
starting December 2019 up to December 2022 and that I will defend the title and rights of the
VENDEE from any claims of whatever kind or nature from third persons.
With obligation as follows:

 Yearly renewal of insurance


 Yearly LTO Registration

IN WITNESS WHEREOF, I have hereunder affixed my hand this ___ day of ___________,
______, at ____________________________, Philippines.

CONFORME:

_____________________ _____________________
Vendee Vendor
JAMIMAH GUINARO DIMASIMPUN JULIUS DAHONAN BALA

SIGNED IN THE PRESENCE OF:

_____________________ _____________________
REPUBLIC OF THE PHILIPPINES )
PROVINCE OF ZAMBAONGA DEL SUR ) S.S.
CITY/MUNICIPALITY OF PAGADIAN)

Before me, Notary Public, for and in the City/Municipality of PAGADIAN appeared
__________________________________________ with Residence Certificate No.
_____________________________ issued on ___________________ at
____________________________, known to me and to me known to be the same person who
executed the foregoing instrument, and acknowledged to me that the same is her/his free and
voluntary act and deed.

WITNESS MY HAND AND SEAL this ______ day of _______________, ____________.

Doc. No. __________


Page No. __________
Book No. __________
Series of __________

NOTARY PUBLIC

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