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CANCELLATION OF DEED OF ABSOLUTE SALE

KNOW ALL MEN BY THESE PRESENTS:

This Cancellation of Deed of Absolute Sale, made and entered this 25th day of February 2017, by and between:

BOB B. LACSON, of legal age, Filipino, widow, and with residence address at Brgy. Ilog, Jaro, Iloilo City and
hereinafter referred to as the SELLER;

and

KARLO K SEGOVIA, of legal age, Filipino, single and with residence address at Brgy. Delgado, Iloilo City.

CEASAR C. CAHILIG, of legal age, Filipino, married to PAULA BANDI, with residence address at Yulo Drive,
Arevalo, Iloilo City, hereinafter referred to as the BUYERS.

WITNESSETH: THAT

WHEREAS, on the 16th of May 2017, the parties executed a Deed of Absolute Sale over a parcel of land registered
as TCT No. N-139672 in the Registry of Deeds of Iloilo City, which transaction was entered into in the notarial
book of Notary Public Eduardo Luy, Jr. as Doc. No. 72; Page No. 15; Book No. VII; Series of 1997, a copy of
which is hereto attached as Annex A;

WHEREAS, the parties wish to CANCEL, RESCIND and ANNUL said Deed of Absolute Sale and declare the
same VOID AB INITIO for failure to effect the necessary consideration and include the names of all actual
BUYERS of the real property;

NOW, THEREFORE, in consideration of the foregoing premises, the parties hereby unconditionally CANCEL,
RESCIND, ANNUL and declare VOID AB INITIO and without legal effect whatsoever the Deed of Absolute Sale
executed by the parties on 16th day of June, 2017.

IN WITNESS WHEREOF, the parties have hereunto signed this CANCELLATION OF DEED OF ABSOLUTE
SALE this 10th day of June, 2017 at the date and place first above mentioned.

BOB B. LACSON
Seller
TIN: 104-017-792

KARLO K. SEGOVIA
Buyer
TIN: 178-805-171

CEASAR C. CAHILIG
Buyer
TIN: 150-541-213

Signed in the presence of:

DIVINE DE GRACIA CLEO GARRIDO


ACKNOWLEDGEMENT

Republic of the Philippines)


Makati City, Metro Manila ) S.S.

BEFORE ME, a Notary Public for and in the City of Makati, Metro Manila, personally appeared:

Name CTC No. Place Date

BOB B. LACSON

KARLO K. SEGOVIA 16343223E Q.C. 1-2-98

CEASAR C. CAHILIG 16426997E Q.C. 1-15-98

known to me to be the same persons who executed the foregoing document of CANCELLATION OF DEED OF
ABSOLUTE SALE and they acknowledged to me that they executed the same as their free and voluntary act and
deed.

I HEREBY CERTIFY that the foregoing document consists of three (3) pages including this page, and that the
parties and their witnesses signed their names and on one (1) parcel of land covered by TCT No. N-139672 with the
Registry of Deeds of Quezon City.

IN WITNESS WHEREOF, I have hereunto set may hand and affixed my notarial seal this 10th day of June 2017.

Doc. No. ____;


Page No. ____;
Book No. ____;
Series of 2000.

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