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(CONTRACT)

DEED FO CONDITIONAL SALE

KNOW ALL MEN BY THESE PRESENTS:


WHEREAS, EDUARDO LAQUIBA, Filipibo, of legal age, married a resident of Barangay Guihing,
Hagonoy, Davao del Sur, Philippines, possessor, herein in called Vendor, caused her property described as
follow:

TRANSFER CERTIFICATE OF TITLE NO. CARP-1186


A parcel ofland lot no.5367-B-2, Bsd-11-004590 (AR) portio of lot 5367-b, Psd-11-057613 (AR) situated in
Barangay Paligue. Municipality of Hagonoy, Province of Davao del Sur, Island of Mindanao, Philippines,
which is now more particularly bounded and described E., along line 6-1 by lot 5367-B-3:S.,along line 1-2 by
lot 5367-B-9:W., along live 23 by 1-2-5367-B-1 all of the subdivision plan, N., along line 3-4-5-6 by lot 5367-
A, Cad-275.N,29deg. 59’E.,625.96m.from B.L.L.M. No.131 Cad.275 to corner”1”.N.06 deg.40’E.,231 m. to
point 2: S.86 deg,37’E.,53.93m. to point 3: S. 06deg.40’W.,231.20m to point 4:N.88 deg.05’W.,54.03m. to oint
1 point of beginning containing an area of TWELVE THOUSAND FOUR HUNDRED THIRTY TWO
(12,432)square meters more or less.

WHEREAS__________________________Filipino, of lgeal age, and a residen______________________


Philippines, expressed Interest to purchase a lot with total area of __________ square meter more or less, herein
called vendee/s:

WHREOF, THE VENDOR HEREBY SALES, TRANSFER AND CONVEY BY WAY OF


CONDITIONAL SALE unto the VENDEE/S, the following described of land, namely; Lot/s No.
_____.Block,_____with an area of _______more or less, being a portion of lot no._______Pls________.

IN SUBJECT TO FOLLOWING TERMS AD CONDITIONS:


1. That the VENDEE has agreed to the VENDOR that the total purchased of the said portion of _______ square
meter/s is ____________________________________________:Philippines currency;
2. The VENDEE shall pay a first down payment of _______________________________upon execution of
this contract, receipt of which I hereby acknowledge by the VENDRO:
3. That the remaining balance of _______________________________ shall be paid within ________from the
date hereof, payable on monthly installment of ________.
4. That incase of failure to pay any monthly installment,is subject to a FIVE PERCENT (5%) interest/ penalty
from the monthly installment as penalty.
5. Failure of payment of THREE (3) MONTHLY consecutive installments, will results for the
CANCELLATION of this contract without further notice, and FORFEITURE of all payments made by the
VENDEE;
6. Upon full payment of the ramaining balance, the VENDOR shall execute Deed of Adbsolute Sale in favor the
VENDEE or his heirs and assigns;
7. That in case of CANCELLATION/BACKOUT of this agreemnet in any reason, only FIFTY PERCENT
(50%) of total payments made by the VENDEE shall be refunded.

WITNESS WHEREOF, th eparties herein have hereunto set their hands this ____ day of _______2021 in
Hagonoy, Davao del Sur.

________________________ _____________________________
ID no.________________ ID no.___________________

SIGNED IN THE PRESENCE OF:

_________________ ____________________

Doc. No.______.
Page No.______.
Book No.______,
Series of_______.

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