DEED OF CONDITIONAL SALE

KNOW ALL MEN BY THESE PRESENTS:

This Contract is made, executed, and entered into by:
CELYN BUTRON, of legal age, single, Filipino, and resident of Anibongan
Sierra Bullones, Bohol, hereinafter referred to as the VENDOR.
-AND-
AICON PATRICINIO, of legal age, single, Filipino and residence of Dusita
Sierra Bullones, Bohol, hereinafter referred to as the VENDEE.

WITNESSETH:
That the VENDOR is the owner of a parcel of land situated at Brgy. Villa Garcia
Sierra Bullones, Bohol known as lot NO. 4823-F-4, Psd-06-048950, covered by TCT
NO. CLOA-T-14258, containing an area of FOUR THOUSAND EIGHT HUNDRED
FORTY SEVEN square meters (4,847 sq.) more or less, and more particularly described
as follows:

DESCRIPTION OF THE LAND

A PARCEL OF LAND (Lot 4823-F-4, Psd-06-048950, being a portion of Lot
4823-F, Psd-06-017899 (OLT), situated in the Barangay Villa Garcia, Municipality of
Sierra Bullones, Province of Bohol, Island of Bohol. Bounded on the SE, along line 1-2
by Lot 4823-G, Psd-06-017899 (OLT) on the SE., and SW., along lines 2 to 5 by Lot
4823T; on point 5 by Lot 4823J, both of Psd-06-017899 (OLT); on the NW., along line
5-6 by Lot 4823-F-3 of this subd. Plans on the NE., along line 6-1 by the Provincial
Road. Beginning at the point marked “1” on plan, being S. 38-47’E., 1474.44 m. from
BLLM Mo. 3, Villa Garcia Cad 266, beginning, containing an area of FOUR
THOUSAND EIGHT HUNDRED FORTY SEVEN (4,847) SQUARE METERS, more
or less.

WHEREAS, the VENDEE has offered to buy and the VENDOR has agreed to sell the
above mentioned property for the amount of THREE HUNDRED THOUSAND
PESOS (P300, 000.00) Philippine Currency, to be paid in the manner herein below
specified.
NOW THEREFORE, for and in consideration of the sum of Philippine Currency,
THREE HUNDRED THOUSAND PESOS (P 300,000.00) , the VENDOR DO
HEREBY SELL, TRANSFER, and CONVEY by way of Conditional Sale unto the said
VENDEE, his heirs and assigns, an undivided portion of the above-described property
consisting of ONE THOUSAND SQUARE METERS (1,000 sq.) together with all the
improvements found thereon, free from all liens and encumbrances of whatever nature
including real estate taxes as of the date of this sale, under the following conditions to
wit:

1. That the amount of ONE HUNDRED TWENTY SEVEN THOUSAND PESOS

(127,000.00) has already been paid to the VENDOR and the remaining ONE
HUNDRED SEVENTY THREE THOUSAND PESOS (173,000.00) will be
paid under the following conditions to wit:

a. The amount of TEN THOUSAND PESOS (10,000.00) Philippine currency

shall be paid by the VENDEE upon the signing and execution of this contract;

b. The amount of SIXTY THREE THOUSAND PESOS (63,000.00) shall be

paid in installment from April 2022 until September 2024

c. The amount of ONE HUNDRED THOUSAND PESOS (100,000.00) shall

be paid upon the transfer of the certificate of title under the name of the
VENDEE.

2. That the VENDOR will execute and deliver to the VENDEE a definite or
absolute deed of sale upon the full payment by the VENDEE of the unpaid
balance of the purchase price as stipulated;

3. That the VENDOR do hereby convey and deliver in favor of the VENDEE the
material and physical possession of the above described property;

4. The VENDOR hereby warrants his title and ownership over the above-described
parcel of land and shall defend the same against the claim of any third party. In
the event of conflict, the VENDOR shall defend the VENDEE and shall shoulder
all the expenses that may be incurred in connection with said conflict or litigation
that may arise by reason thereof.

IN WITNESS WHEREOF, the parties hereunto set their hands at Villa Garcia Sierra
Bullones, Bohol, this 1st day of April l, 2022, in the City of Bohol.

CELYN BUTRON AICON PATRICINIO

VENDOR VENDEE

CTC NO. CTC NO.

Issued on Issued on
ACKNOWLEDGMENT

REPUBLIC OF THE PHILIPPINES

CITY OF BOHOL ) SS.
X-------------------------------------------X

BEFORE ME, a Notary Public for and in the City of Bohol, parties personally appeared
known to me and to me known to be the same persons who executed the foregoing
instrument and acknowledged to me that the same are their free act and voluntary deed.

This instrument, consisting of (3) pages, including the page on which this
acknowledgment is written, has been signed on the left margin of each and every page
thereof by the concerned parties and their witnesses, and sealed with my notarial seal.

WITNESS MY HAND AND SEAL on this 5th day of April 2022.

Notary Public

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