AUTHORITY TO SELL

KNOW ALL MEN BY THESE PRESENTS

WE, ORLANDO M. SILVA, Filipino, of legal age, married to _________________________,

and a resident of Brgy. 7, Lipa City, BERNICE M. SILVA, Filipino, of legal age, married to
_________________________, and a resident of Brgy. 7, Lipa City, and MONINA M. SILVA,
Filipino, of legal age, married to __________________________, and a resident of Brgy. 7, Lipa
City hereby authorize DANILO M. MERCADO To negotiate on our behalf, sell, transfer and
convey the property we own and covered by TCT No. T-70222 at the price of at least Two
Thousand Five Hundred Pesos per square meter (P2500.00 per sq. m.) to LIMA LAND, INC.,
with the technical specifications of the said property being as follows:

Property Description : A parcel of an agricultural land

Location : Brgy. Plaridel, Lipa City, Batangas
Lot No. : 13732-B-2
Title No. : T-70222
Area : 5,822 sq. m.
Other Terms:

a. The principals shall shoulder the Real Property Taxes and Broker’s Commission.
b. Any amount in additional to the preferred price of P2,500 per square meters shall be in
favor of Danilo M. Mercado which shall answer for any incidental expenses relative to
the proposed sale;
c. In case Danilo M. Mercado was able to sell the property at the price of exactly P2,500.00
per square meter, the principal shall be responsible for a commission of 5% of the total
selling price which shall immediately be given to the former. In case the sale is made in
an installment basis, the commission shall also be given in a pro rata basis;
d. Danilo M. Mercado warrants that he is the only person authorized to deal/negotiate with
Lima Land, Inc;
e. Danilo M. Mercado, however, is authorized to deal with other potential buyers in case a
better deal is on the table;
f. The principals likewise undertake to provide Danilo M. Mercado all the necessary
documents in the conduct of the sale of the property;
g. Danilo M. Mercado is hereby given the authority to transact with government offices,
both national and local, incidental to the proposed sale of the above-mentioned property.
h. When another Authority to Sell is provided to the proposed buyer as a requirement for
marketing purposes, and in case of conflict between the provisions of such Authority to
Sell and this Authority to Sell, the latter shall prevail.

IN WITNESS WHEREOF, we have hereunto affixed our signature this 7 th day of July, 2023, at
Lipa City, Batangas, Philippines.

ORLANDO M. SILVA BERNICE M. SILVA MONINA M.

SILVA
Principal Principal Principal
ID No. _______________ ID No. _______________ ID No. _______________

Conforme:

DANILO M. MERCADO
ID No. __________________
 ACKNOWLEDGMENT

REPUBLIC OF THE PHILIPPINES )

City of Lipa ) S.S.

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

WITNESS MY HAND AND SEAL this _________ day of July, 2023 at Lipa City, Batangas.

Doc. No. _____

Page No. _____
Book No. _____
Series of 2023.