DEED OF SALE with ASSUMPTION OF MORTGAGE

KNOW ALL MEN BY THESE PRESENTS;

This Deed of ABSOLUTE SALE is made, executed and entered into by

____

_______________________________, legal age

, Filipino, and with

residence

and

postal

address

at

_________________________________________, hereinafter referred to

as the

SELLER

AND

________________________________________, legal age, Filipinos and

with

residence

and

postal

address

______________________________, hereinafter referred to as the

BUYER

WITNESSETH

WHEREAS,

the

SELLER

is the registered owners of a parcel of land with

improvements located at ________________________________________

and covered

by Transfer Certificate of Title No.

_________________ containing
NOW THEREFORE

, for and in consideration of the sum of PESOS

____

________________________

_______(P______________)

has been paid

to and the receipt whereof is hereby acknowledged by the

SELLER, the said

SELLER

does hereby SELL, TRANSFER and CONVEY, in a manner absolute

and irrevocable,

unto the BUYER

, his/her heirs and assigns the real property

above

described together

with all the improvements existing thereon, free and

clear of all liens and encumbrances except the mortgage as may be subsisting in

favor

of

___________________;

and,

Th

e BUYER

does hereby accept this sale and binds himself/ herself to assume

as he/ she

assumes the payment of the unpaid balance of the m

ortgage

indebtness

of

the

SELLER

amounting

to

PESOS;
this Acknowledgement is written and ac

knowledged before me that the same is

their free and voluntary act and deed.

WITNESS MY HAND AND SEAL this ___

__th day of ______________, 2019

at

________

_______

City, Philippines.

Notary Public

Doc. No. ______________

Page No.______________

ook No.______________

Series of 2019