BUNGUIAO, Ciudad de Zamboanga

email: bunguiao.barangay.office@gmail.com

DEED OF SALE OF HEAVY EQUIPMENT

(BACK HOE)

KNOW ALL MEN BY THESE PRESENTS:

THAT I, JEICO A. GREGORIO, of legal age, married, Filipino, and a resident of

Zone-4, Bunguiao, Zamboanga City, FOR AND IN CONSIDERATION of the amount of
EIGHT HUNDRED FIFTY THOUSAND PESOS (Php 850,000.00), Philippine Currency,
partial payment of which in the amount of FIVE HUNDRED THOUSAND PESOS (Php
500,000.00) to me in hand paid by vendee, ELMER S. GREGORIO, also of legal age, married,
Filipino and a resident of Bolong, Zamboanga City, DO HEREBY SELL, CEDE, TRANSFER
AND CONVEY unto the said vendee, her heirs and assigns, that a BACK HOE equipment and
more particularly described as follows:

MAKE: Hitachi EX200

TYPE:
YEAR MODEL:
ENGINE/MOTOR NO.:
SERIAL/CHASSIS NO:
PLATE NO.:
CERT. OF REGISTRATION NO:
COLOR: Orange

That it has been agreed that payment of the remaining amount of THREE HUNDRED
FIFTY THOUSAND PESOS (Php 350,000.00) shall be made through issuance of post-dated
checks monthly at partial amounts commencing on January 2023 and each month up to the time
that the amount of THREE HUNDRED THOUSAND PESOS (Php 300,000.00) shall have been
paid and the last remaining amount of FIFTY THOUSAND PESOS (Php 50,000.00) shall be paid
on an indefinite date but not to exceed the end of 2023;

NOTE: Amount of Sale ……………………….. Php 850,000.00

1st Partial Payment this date ……… (500,000.00)
Remaining Balance ……… Php 350,000.00

That upon completion of payment of the balance amounts, I shall warrant unto said
vendee ELMER S. GREGORIO, his heirs and assigns, full title and ownership over the vehicle
above described free from all liens and encumbrances, in favor of any person and entity;

IN WITNESS WHEREOF, I have hereunto set my hands, this 1 ST day of December 2022
at Bunguiao, Zamboanga City.

JEICO A. GREGORIO
VENDOR

ELMER S. GREGORIO
VENDEE

SIGNED IN THE PRESENCE OF:

Hon. LEO A. RESURRECCION Kwd. ALBIN E. FRANCISCO

Barangay Chairman Barangay Kagawad