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CONDITIONAL DEED OF SALE OF A PORTION OF AN

UNREGISTERED LAND

KNOW ALL MEN BY THESE PRESENTS:

This DEED OF CONDITIONAL SALE OF A PORTION OF AN


UNREGISTERED LAND made and executed by and between:

SPS. ARAGORN AND ARWEN A. UNDOMIEL, of legal ages, Filipino


citizens, and with residence address at No. 45 Lower Liwanag, Loakan, Baguio
City, Philippines hereinafter called as the VENDORS;

-and-

EOMER E. TUAZON, single, of legal age, Filipino Citizen, with residence


address at #89 Suello Village, Marcos Highway, Baguio City, Philippines,
hereinafter called the VENDEE;

WITNESSETH THAT:

The VENDORS are the owners of a certain unregistered parcel of land


situated at Naguilian Rd., Brgy Tadiangan, Tuba, Benguet, Philippines and more
specifically described as follows, to wit:

ASSESSMENT OF REAL PROPERTY NO.11-001-00123

BOUNDARIES:
NORTH: Lot 9 SOUTH: Lot 1221
EAST : Lot 8 WEST : Lot 7
KIND: Camotal land
AREA: 4.7971 ha.
MARKET VALUE: Php 72,500.00
ASSESSED VALUE: Php 18,900.00

The VENDORS decide to sell a portion of the above-described


unregistered land including all the improvements therein to herein VENDEE;

For and in consideration of the total sum of ONE HUNDRED SEVENTY


THOUSAND PESOS (Php170,000.00) ONLY, PHILIPPINE CURRENCY, paid by
the VENDEE to the VENDORS, the VENDORS by these present hereby SELL,
TRANSFER and CONVEY, unto the said VENDEE, his heirs and assigns the
above described portion of property;
Now, therefore, for and in consideration of the foregoing, they do hereby
agree as follows:

1. That upon signing of this Conditional Deed of Sale, the VENDEE shall pay
SEVENTY THOUSAND PESOS (Php70,000.00), as downpayment;

2. That the balance of ONE HUNDRED THOUSAND PESOS


(Php100,000.00) shall be paid through the Bank of the Philippine Islands,
Session Road Branch on or before sixty (60) days, or until February 4,
2013, from the execution of this Conditional Deed of Sale;

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3. That upon receipt of the Bank Guarantee in favor of the VENDOR, the
latter shall execute an Absolute Deed of Sale in favor of the VENDEE;

4. That failure to pay the balance shall cause the automatic rescission of this
Contract with damages in the amount of FIFTY THOUSAND PESOS
(Php50,000.00);

5. That the realty taxes and special assessments on the subject property on
or before the date of sale, cost of operation of the documents of sale, and
notarial fees shall be for the account of the VENDORS; while those realty
taxes that shall accrue after the date of this Conditional Deed of Sale,
capital gains tax, documentary stamps, costs of registration, transfer tax,
and all incidental expenses for the issuance of the new title shall be for the
account of the VENDEE;

IN WITNESS WHEREOF, the parties have hereunto set their hands this
th
30 day of January 2017, in the City of Baguio, Philippines.

ARAGORN G. UNDOMIEL ARWEN A. UNDOMIEL EOMER E. TUAZON


Vendor Vendor Vendee
CTC No. 89897878 CTC No. 12122323 CTC No. 45455454
Issued on 01/23/2012 Issued on 01/23/2012 Issued on 01/30/2012
Issued at Baguio City Issued at Baguio City Issued at Baguio City

SIGNED IN THE PRESENCE OF:

THEODEN E. VARGAS ELROND U. BERGANO

ACKNOWLEDGMENT

REPUBLIC OF THE PHILIPPINES }


CITY OF BAGUIO } S.S.

BEFORE ME, a Notary Public in and for the City of Baguio, this 30th day of
January 2017, personally appeared ARAGORN G. UNDOMIEL, ARWEN A
UNDOMIEL, and EOMER E. TUAZON who have satisfactorily proven to me their
identity through their Taxpayer Identification Number 901-012-234 issued on
January 10, 2014, SSS No. 98877675 issued on March 15, 2005, and
Professional Drivers License No. AO998877 valid until August 21, 2017,
respectively, that they are the same persons who executed and voluntarily signed
the foregoing Deed of Absolute Sale of an Unregistered Land which they
acknowledged before me as their free and voluntary acts and deeds.

This instrument consisting of TWO (2) pages, including the page on which
this acknowledgment is written has been signed on the left margin of each and
every page thereof by the parties and their witnesses.

WITNESS MY HAND AND SEAL.

MELFORD A. LAPNAWAN
Notary Public
Until December 31, 2017
Tel No.: (074) 442-8931
PTR No. 2198282, 04-30-18
Baguio City, IBP O.R. No. 1008288, 4-14-

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18 Roll No. 51888, 04-
29-18 Commission Serial
No.: 74-NC-12 (R) MCLE
Doc. No. 28; Compliance No. II-0002267, 01- TIN
Page No. 6; 428-986-655
Book No. I;
Series of: 2017