DEED OF CONDITIONAL SALE

KNOW ALL MEN BY THESE PRESENTS:

This Deed of Conditional Sale made and entered into by and between:

_____________________________________________________,
of legal age, Filipino, married, and a resident of
_____________________________________________________,
Philippines, (hereinafter referred to as the "VENDOR");
- and -

_____________________________________________________,
of legal age, Filipino, married , and a resident of
_____________________________________________________y
, Philippines, (hereinafter referred to as the "VENDEE");

WITNESSETH:

WHEREAS, the VENDOR is the true and registered owner of a parcel of land located in
_____________________________________________________________________________,
Philippines, more particularly described as follows:

______________________________________________________________________________
______________________________________________________________________________
______________________________________________________________________________
______________________________________________________________________________
______________________________________________________________________________
______________________________________________________________________________
______________________________________________________________________________
______________________________________________________________________________
______________________________________________________________________________
______________________________________________________________________________
______________________________________________________________________________
________________________________________________________________________

WHEREAS, the VENDOR desires to sell and the VENDEE agrees to buy the aforementioned
parcel of land, subject to certain terms and conditions mutually acceptable to the parties;

NOW, THEREFORE, for and in consideration of the foregoing and the mutual
covenants and stipulations hereinafter set forth, the parties hereto have agreed, stipulated and
covenanted and hereby agree, stipulate and covenant as follows:

1. That the total purchase price shall be

__________________________________________________________________________
(Php _________________), Philippine Currency;

2. That VENDEE had paid

__________________________________________________________________________
(Php ________________) Philippine Currency, breakdown as follows;

a. _____________________________________________________________________
(Php __________________), as Down Payment, paid on _____________________ ;
and
 b.That the remaining balance of
__________________________________________________________________________
(Php _________________) shall be paid on or before __________________________,
without need of demand;

3. That should the VENDEE fail to pay the balance on the purchase price on or before the
stipulated date provided in the immediately preceding paragraph, the VENDOR shall have
the option of rescinding the instant Agreement by serving on the VENDEE, his agents or
representatives, a notarized Notice of Rescission;

4. That title or ownership over the subject property is expressly reserved by the VENDOR and
shall be transferred to the VENDEE only upon full payment of the purchase price;

5. That should the instant Agreement be rescinded for any cause whatsoever, there shall be
mutual restitution;

6. That upon full payment of the purchase price , the VENDOR shall immediately execute and
sign a Deed of Absolute Sale in favor of the VENDEE to allow the latter to transfer title over
the property in her name;

7. That the instant Agreement shall be binding not only on the parties herein, but also on their
heirs, assigns and successors-in-interests;

IN WITNESS WHEREOF, the parties have hereunto affixed their signatures this
_________________________________ at __________________________________________.

VENDOR VENDEE

WITH MY MARITAL CONSENT:

_____________________________

SIGNED IN THE PRESENCE OF:

_____________________________ _____________________________

REPUBLIC OF THE PHILIPPINES)

CITY OF SANTIAGO ) Sc.

ACKNOWLEDGMENT

BEFORE ME personally appeared _________________________________________

and _____________________________________________________________, both personally
known to me and who represented to me that their respective signatures on the foregoing
instrument were voluntarily affixed by them for the purposes stated in the instrument and who
declared that they have executed the foregoing instrument as their free and voluntary act and deed.

This Instrument consists of only __________ (____) pages, including this page in which
this acknowledgment is written, duly signed by the parties and their instrumental witnesses on
each and every page hereof.

WITNESS MY HAND AND SEAL this ______________________________________

at Santiago City, Philippines.

Doc. No. ______;

Page No. ______;
Book No.______;
Series of 2010.