AGREEMENT

We, _________ and _______ (Vendors), are the owners of a house and lot
located at ________________________. We signify our intention to sell the same to
__________________(Vendee) in the amount of One Million Five Hundred Thousand
Pesos (P1,500,000.00) (Purchase Price). The Vendees agreed to pay the amount in
installments of Thirty Thousand Pesos (P30,000.00) per month until fully paid. It is also
understood that in the event of the demise of the Vendors and the purchase price is not
yet fully paid the Vendees shall continue to pay the unpaid amount under the same
terms which will be equally divided among our ten (10) children.

IN WITNESS WHEREOF, the Vendors and the Vendees have caused their name
to

be

affixed

and

have

hereunto

signed

this

presents,

this

.............day

of.....................................20...... at................................, Philippines.

__________________
(Vendor)
__________________
(Vendor)

_______________
(Vendee)
________________
(Vendee)