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KNOW ALL MEN BY THESE PRESENTS: This DEED OF ABSOLUTE SALE is made, executed and entered into by:

JOSE ARIMBAY, Filipino citizen, of legal age, married and resident of Daraga, Albay, hereinafter referred to as the SELLER -ANDBIENVENIDO S. BARRIOS JR., of legal age, Filipino and with residence and postal at Oro Site Legazpi City, hereinafter referred to as the BUYER. WITNESSETH; WHEREAS, the SELLER is the owner of a portion of land with improvements located at Brgy. Bagong Abre, Arimbay, Legazpi City according to the actual partition of the heirs of the deceased Isaias Arimbay. By virtue of Deed of Sale executed between the deceased Isaias Arimbay and the deceased Vicente Arimbay of a sale of a portion of land covered by TITLE NO. VH2566 with LOT NO. 18466 and TAX DECLARATION NO. 0480015, the SELLER had acquired an area of ONE THOUSAND (1000) square meters only as an heir which is now the subject of the sale and particularly described as follows: That portion INFRONT or OPPOSITE of MINAS RESORT along the creek subdivided by way and signs of coconut tree/s. WHEREAS, the BUYER has offered to buy and the SELLER has agreed to sell the above mentioned property for the amount of One Hundred Fifty Thousand Pesos (Php 150,000.00) Philippine Currency; NOW THEREFORE, for and in consideration of the sum of One Hundred Fifty Thousand Pesos (Php 150,000.00) Philippine Currency, hand paid by the buyer to the seller, the SELLER DO HEREBY SELL, TRANSFER, and CONVEY by way of Absolute Sale unto the said BUYER, his heirs and assigns, the certain parcel of land together with all the improvements found thereon, free from all liens and encumbrances of whatever nature including real estate taxes as of the date of this sale.

JOSE ARIMBAY Seller SIGNED IN THE PRESENCE OF:

BIENVENIDO S. BARRIOS JR. Buyer

__________________________

_________________________

ACKNOWLEDGEMENT

REPUBLIC OF THE PHILIPPINES) ________________________)SS.

BEFORE ME, a Notary Public for and in the City of _______________, this day of _________________personally came and appeared:

NAME JOSE ARIMBAY

COMMUNITY TAX CERTIFICATE __________________

DATE and PLACE OF ISSUE ____________________ ____________________

BIENVENIDO S. BARRIOS JR. _________________

Known to me to be the same persons who executed the foregoing instrument and are acknowledged by the Republic of the Philippines. WITNESS MY HAND AND NOTARIAL SEAL, on the date and at the place above written.

NOTARY PUBLIC

Doc. No. ______ Page No. ______ Book No. ______ Series of 2014