DEED OF ABSOLUTE SALE

(AMICA RESIDENCES)

KNOW ALL MEN BY THESE PRESENTS:

This Deed of Absolute Sale (“Deed”) executed and entered into by and between:

RABINO HOME BUILDERS CORPORATION, a company duly organized and existing under and by virtue of the laws of the
Republic of the Philippine with principal office at 2 Flr. RABINO HOME BUILDERS CORPORATION 0134-A Governors Drive
Brgy. San Roque Naic Cavite, represented herein by its President, ORVEN F. RABINO, duly and legally authorized by its
company to enter into this transaction, hereinafter referred to as the VENDOR;

And

Spouses RUSSEL JOHN BAUTISTA CARLOS and CHYNNA LEI CASTRO CARLOS, all are legal age, Filipino, and resident
of Governor’s Drive Poblacio 1-A Ternate, Cavite, hereinafter referred to as VENDEE.

WITNESSETH:

That the VENDOR is the lawful and registered owner of a parcel of land described as Lot 1748 situated in Brgy. Labac Naic Cavite,
with an area of TWENTY-NINE THOUSAND ONE HUNDRED THIRTY-NINE (29,139) square meters, more or less, and
covered by and particularly described in TRANSFER CERTIFICATE OF TITLE No. T-637951 issued by the Register of
Deeds for the Province of Cavite to wit:

TRANSFER CERTIFICATE OF TITLE

NO:

A parcel of Lot (Lot 3, 4 Blk 12) of the subd. Plan, a subdivision plan situated in the Bo.of Labac
,Mun. of Naic, Prov. Of Cavite. Bounded on the NE., along line 1-2 by Road lot; on the SE along line 2-3 by
lot 6; on the SE., ALONG LINE 3-4 by lot 31; all of the subd. Plan. Beginning at a pt. marked 1 on the plan
being
s.81 deg. 56 w., 8.19 m, 8.41 m wide from BLM Naic Estate. 104 thence S. 41 deg. 08W., 8.00 m, 16.91 m to
pt. 2; thence S. 48 deg. 52W 8.00 m, 7.25 m to pt. 4; N. 41 deg. 8.00 m, 17.61 m to pt. of beginning containing
an area of EIGHTY (80) SQUARE METERS.

That the VENDOR, for and in consideration of the sum of PESOS: TWO HUNDRED EIGHTY THOUSAND (P 280,000.00)
Philippine Currency, and all the terms and conditions agreed upon herein hereby SELLS, CEDES, ASSIGNS, TRANSFERS and
CONVEYS unto the VENDEE, his / her heirs, assigns executors, administrators, and successors-in-interest, the above-described
parcel of land as provided herein:

That the terms and condition of this Deed are as follows:

1. RESTRICTIONS. The lot covered by this Deed shall be subject to the Declaration of Restrictions, a copy of which
is attached hereto as Annex “A” and made an integral part hereof, and which Declaration of Restrictions
shall be annotated on the back of the Transfer Certificate of Title of the lot subject of this Deed. The term of all these
restrictions shall be twenty-five 25 years from November 01, 2020.

2. IMPROVEMENT REQUIRED BY THE GOVERNMENT. The VENDEE shall do or pay for any filling or any
improvement on the lot subject of this Deed which may be required by the government or other competent authority
and in case the VENDOR is compelled to make such filling or improvement by reason of the inability of the VENDEE
to comply with such requirements, the latter shall reimburse the VENDOR the cost and expenses thereby incurred by
the VENDOR by paying initial payment of fifty percent (50%) of the total cost and the balance in equal
monthly installments for one (1) year from the date VENDOR commenced to fill the lot plus interest at the rate
of twenty one percent (21%) per annum on the unpaid balance.

3. PERPETUAL EASEMENT. The lot covered by this Deed is subject to a perpetual easement of one (1) meter
within the lot on the front portion thereof for purposes of inspection, measurement, survey, relocation, repair, and
laying of monuments or of necessary lines for water, gas, electric power, telephones, other public telephones,
other public services, drainage and sewage facilities, and the VENDOR or its representative or representatives of
public utilities shall have the right to enter the lot subject of this Deed at anytime to carry out the above-mentioned
purposes for which the easement is created, and any inconvenience or disturbance thus caused shall not be a ground for
the rescission of this Deed or for an action for damages.

4. AMENDMENT TO THE SUBDIVISION PLAN. Whenever the government or any of its instrumentalities
empowered by law shall cause or authorize an amendment of the subdivision plan, appropriate adjustments shall be
made accordingly with the view to having the lot areas in the original plan conform to the amended plan. In such event,
there shall be no change in the rights and obligations of the parties under this Deed other than those changes
caused
 by the adjustments on the area and the changes in the proportionate increase or decrease in the purchase cost computed
at the same price per square meter.

5. JOINT AND SOLIDARY OBLIGATIONS. If there are two or more vendees under this Deed the obligations
mentioned herein are deemed contracted by the vendees in their joint and solitary capacities.

6. TAXES AND ASSESSMENTS. The VENDEE further agrees to pay the following:

a. Taxes and Assessments;

Upon full payment of the purchase price by the VENDEE, whether or not there has been transfer of actual
physical possession, all real estate taxes shall already be for the account of the VENDEE, regardless of the
execution and delivery of the Deed of Absolute Sale. It is understood that the real estate taxes on the subject lot
prior to the full payment thereof shall be for the account of the VENDOR, unless the VENDEE has
acquired possession, occupancy, or beneficial use of the subject lot prior to the full payment thereof
pursuant to an express stipulation under a Contract To Sell, executed prior to the execution of this Deed, in
which event, real estate taxes and other assessments on the subject lot shall be for the account of the VENDEE
commencing on the date of the possession or occupancy or beneficial use of the subject lot;

b. Documentary stamp tax, value added tax, expanded withholding tax, transfer tax, and other related taxes and
expenses due and payable in connection with the transfer of the title of the lot herein sold; and
c. Other fees provided in the Declaration of Restrictions such as, but not limited to maintenance, garbage
and security fees and expenses for water service, sewerage, cable television, telephone and electrical
connections and like utilities.

7. HOUSE CONSTRUCTION. The VENDEE agrees to start the construction of his/her residential house on the lot
subject of this Deed not later than thirty-six (36) months from the date when the subdivision is certified as ready
for house construction or from the date of signing of this Deed, whichever is later, in accordance with the
Deed of Restriction and easements imposed on the lot and with plans and specifications previously approved by the
VENDOR. Failure on the part of the VENDEE to do so gives the VENDOR the right to repurchase the said lot by
reimbursing the former of whatever he/she has paid on account of the principal (interests and surcharges
excluded).

8. PROHIBITION ON USE OF LOT AS A RIGHT-OF-WAY. The parties hereby further agree that the roads in the
subdivision are made available only on the VENDEE and members of his/her family who shall utilize and make use of
the lot or lots so acquired for residential purposes only, and not otherwise as to gain entrance to and/or exit from the
subdivision in such manner that the VENDEE shall create a right-of-way through the roads of the subdivision to have
access to properties within beyond, or adjoining the subdivision. Should the VENDEE be found to have
purposely purchased a lot in the subdivision to gain access to properties within, beyond, or adjoining the
subdivision, be it belonging to said VENDEE or other persons the VENDOR shall, for breach of this Deed by the
VENDEE, have the right to cancel this Deed and reimburse sixty percent (60%) of whatever the VENDEE has paid on
account of the principal of the purchase price of the lot. In case title has already been conveyed to the VENDEE the
VENDOR may compel the VENDEE to recovery the same provided that the VENDEE is reimbursed of sixty percent
(60%) of whatever he/she has paid on account of the principal.

9. INVESTIGATION OF PREMISES. The VENDEE hereby declares that he/she has investigated the premises subject
matter of this Deed, and that he/she has found the same to be satisfactory, and further that there are no
squatters therein.

10. INDEMNITY AND ATTORNEY’S FEES. Should the VENDOR resort to a court of justice in order to enforce the
foregoing covenants and/or for the protection of its right or redress of its grievances regarding the lot subject hereof or
the use thereof, the VENDEE of this lot or his/her successor-in-interest is obliged to pay the VENDOR, by way of
attorney’s fees, a reasonable sum which in no case shall be less than Twenty Thousand Pesos (20,000)
Philippine Currency, if the case is in the Metropolitan Trial Court, and additional Ten Thousand Pesos
(10,000) Philippine Currency, if the case reaches or is originally instituted in the Regional Trial Court, and further
sum of Fifteen Thousand Pesos (15,000) Philippine Currency, if it reach the Court of Appeals or the Supreme Court,
plus another Five Thousand Pesos (5,000) Philippine Currency, if the case goes to Supreme Court from the Court of
Appeals, all in addition to the costs and expenses of litigation, damages, actual or consequential to which the VENDOR
may be entitled by law. The term “court” includes the Housing and Land Use Regulatory Board.

11. NOTICE/CORRESPONDENCE. All notices and correspondence of any nature sent to the VENDEE at the above
address shall bind him/her, unless written notice of change of address has been actually received by the
VENDOR.

12. ALTERATION OF DEED. Except as provided in the succeeding paragraph, this Deed cancels and supersedes
all previous contracts or agreements between the parties herein and this shall not be considered as changed,
modified, altered or in any way amended by acts of tolerance by the VENDOR unless such changes, modifications,
alterations or amendments are made in writing and signed by the parties to this Deed. Furthermore, any representation
or warranty made by the agent who handled this sale not embodied herein shall not be binding on the
VENDOR, unless incorporated in this Deed and confirmed in writing by the authorized officer of the VENDOR.

13. ENTIRE CONTRACT. This Deed (along with the Contract to Sell if one has been executed) states the entire
agreement between the parties and neither party shall be bound by any stipulation, representation, agreement
or
 promise, unless such stipulation, representation or agreement is reduced in writing, signed by both parties and made
an addendum to this Deed. The VENDEE hereby acknowledges that this Deed and all documents incorporated
by reference have been read by or translated to him/her in a language or dialect known to and understood by him/her.

14. SEPARABILITY CLAUSE. Should any provision of this Deed he declared by the courts or the Housing and Land
Use Regulatory Board to be null and void, the nullity shall not affect the validity of this transaction or any other
provisions herein, which shall then be considered as valid and binding between the parties herein.

15. VENUE. Any action within the cognizance of judicial courts braising from this contract shall be brought before the
proper courts of Naic Cavite, exclusively.

IN WITNESS WHEREOF, the VENDEE has caused his/her name to be affixed to this instrument and has hereunto signed
these presents, and the VENDOR has caused its duly authorized representative to sign in its behalf, this 1 st day of February 2022
at Naic Cavite Philippines.

RABINO HOME BUILDERS CORPORATION RUSSEL JOHN BAUTISTA CARLOS

VENDOR VENDEE

CHYNNA LEI CASTRO CARLOS

VENDEE

TIN NO: 010-509-615-000 TIN NO:

By:

ORVEN F. RABINO
President

SIGNED IN THE PRESENCE OF;

ACKNOWLEDGEMENT

REPUBLIC OF THE PHILIPPINES;

Before me, the undersigned Notary Public for and in , personally appeared the following persons with their
respective identification, to wit;

All known to me, known to be the same person who executed the foregoing instrument and they acknowledged to me that
the same is their free and voluntary act and deed as well as the free and voluntary act and deed of the person herein
presents.

This instrument consisting three (3) pages, including this page wherein this acknowledgement clause is written signed by
their instrumental witnesses, sealed with my notary seal pertains to a DEED OF ABSOLUTE SALE.

WITNESS MY HAND AND SEAL, on the date year and place first above written.

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