DEED OF SALE OF MOTOR VEHICLE

KNOW ALL MEN BY THESE PRESENTS:

That I, _____________________________ , Filipino, of legal age, a
resident of _________________________________________________, is the
lawful owner of a certain motor vehicle which is more particularly described as
follows:
MAKE: ENGINE NO.:
MODEL: SERIAL/CHASSIS NO.:
COLOR: PLATE NO. :
YEAR MODEL: MV FILE NO. :
VEHICLE TYPE: C.R. NO. :

That for and in consideration of the sum of

_____________________________________________________________
(P_________________) PESOS, Philippine Currency, receipt whereof is hereby
acknowledged, I hereby sell, transfer, cede and convey to
___________________________________________, Filipino, of legal age, and
resident of ______________________________________________________,
the above described motor vehicle, free from all liens and encumbrances.

That the VENDEE will exert all efforts to register immediately with the
appropriate government agencies the transfer of ownership and shoulder the
expenses connected therewith for transfer of the above-described vehicle; Further,
that the VENDEE will hold the VENDOR free and harmless against all actions and
claims resulting from its use and possession occurring after this date.

IN WITNESS WHEREOF, we have hereunto affixed our hands this____ day

of _______________ at ___________________________.

______________________ ____________________
Vendor Vendee

Signed in the presence of:

______________________ AND ____________________