___________________________

DEED OF ABSOLUTE SALE

Children

KNOW ALL MEN BY THESE PRESENTS:

This Deed of Absolute Sale (hereinafter referred to as the “Agreement”) is

made and executed this ____ day of ______ 2016 at __________ City, Philippines
by and between:

RODRIGO TEVES, JR. married to Juanita B. Teves Filipinos, of legal

____________________

age and with postal address at 7152 San Bernardino St. Makati City,
Witness

Philippines, hereinafter referred to as the VENDOR;

-and-

ARTURO E. DIMAYUGA JR., married to Ma. Emilia Daza-Dimayuga,

Filipinos, of legal age with postal address at 662 Boni Avenue, Mandaluyong
City, Philippines, hereinafter referred to as the VENDEE.

W I T N E S S E T H : That - -
____________________

WHEREAS, the VENDOR is the registered and the true and lawful owner
of a parcel of land WITHOUT improvement situated at 7152 San Bernardino
Witness

St. Makati City, Philippines, with an area of Two Hundred Eight (208) Square
Meters more or less, covered by Transfer Certificate of Title No. 226154
issued by the Registry of Deeds for Makati City, Metro Manila, hereinafter
referred to as the “Property,” which is more particularly described as follows:

TRANSFER CERTIFICATE OF TITLE

No. 226154
__________________________________________

UN TERRENO (Lot 9, Block No. 14 del plan de subdivision SWO 9431 parte del
lote No. 40, plano original Psu-41347) situado en el Municipio de San Pedro
Macati, Provincia de Rizal. Linda por el NE., con el lote No. 3, block No. 14 del
plano de subdivision; por el SE., con el Lote No. 10, block No. 14 del plano de
subdivision, por el SO., con una Calle (block No. 20) del plano de subdivision y,
por el NO., con el lote No. block No. 14 del plano subdivision. Partiendo de uno
VENDEE

punto marcado “1” en el plano cuyo punto se hall al N. 79 gds. 54’0., 1342.92
mts. ? mojon de localization de la Oficina de Terrenos, No. 1 San Pedro Macati, y
desde dicho punto “1” S.72 gds. 58 E., 13.00mts. ti punto “2”; de aqui S.14, gds.
26 ‘0 16.00 mts. al punto “3” de aqui N.72 gds. 58’0 13.00 mts. al punto “4”; de
aqui N.14 gds. 26’E., 16.00 mts. al punto de partidad, midiendo una extension
superficial de DOS CIENTOS OCHO METROS CUADRADOS (208) mas o menos.
Todos los puntos nombrados se hallan marcados en el plano y sobre el terreno
estan determinados por majones de concreto marcados PLS la orientacion
seguida es la verdadera, siendo la declinacion magnetica de 0 gds. 37’E., la
fecha de la mediciona original. 10 de Diciembre de 1923, al 9 de Enero de 1924
y la de la subdivision 8 al 31 de Julio de 1924 y 4 al 5 de Septiembre de
1925.\\.
-x--x-x-x-x--x-
_____________________________________________

WHEREAS, the VENDOR has offered to sell and the VENDEE has agreed
to buy the PROPERTY at the price and under the terms and conditions set
forth herein below;

NOW, THEREFORE, for and in consideration of the foregoing premises and

of the stipulations hereinafter provided, the parties hereto agree as follows, to
wit:
VENDOR

1
 Section 1. Absolute Sale and Purchase

a. SALE AND PURCHASE - For and in consideration of the Purchase Price

received by the VENDOR, said VENDOR do hereby absolutely and irrevocably
SELL, TRANSFER and CONVEY to the VENDEE, his administrators or assigns,
and VENDEE does hereby PURCHASE from the VENDOR in consideration of
the latter’s covenants, representations and warranties, the PROPERTY,
together with all the rights, titles and interests of the VENDOR over and in the
said PROPERTY.

b. CONSIDERATION - The Purchase Price for the sale to the VENDEES of

the PROPERTY is One Million Eight Hundred Seventy Two Thousand
(Php1,872,000.00), Philippine currency, receipt of which is hereby
acknowledged by the VENDOR to his entire satisfaction.

Section 2. REPRESENTATIONS AND WARRANTIES

a. The VENDOR hereby warrants that the PROPERTY is free and clear of
all liens and encumbrances or claims whatsoever and, is not subject to any
assessment, claim, set-off, easement or defense which will prevent the
VENDEE from obtaining full and absolute ownership in fee simple over the
PROPERTY and full possession of the same.

b. The PROPERTY is not involved in any pending or threatened litigation

or case brought before a court or any administrative body.

IN WITNESS WHEREOF, the parties hereto have hereunto affixed their

signatures on the date and at the place first above written.

_____________________________ ______________________________
RODRIGO TEVES, JR. ARTURO E. DIMAYUGA JR.
VENDOR VENDEE
ID No.

With Spouse Consent: With Spouse Consent

Juanita B. Teves Ma. Emilia Daza-Dimayuga

ID No.

SIGNED IN THE PRESENCE OF:

_____________________ ____________________

2
___________________________
Children

ACKNOWLEDGEMENT

Republic of the Philippines)

______________ City ) S.S

BEFORE ME, personally appeared

____________________

NAME I.D.
Witness

Rodrigo Teves, Jr.

Juanita B. Teves
Arturo E. Dimayuga Jr.
Ma. Emilia Daza-Dimayuga

who exhibited to me their respective competent evidence of identity. Known to

me and to me known to be the same persons who executed the foregoing
instrument consisting of three pages (3) including this page on which this
____________________

acknowledgement appears and acknowledged to me that the same is their free

and voluntary act and deed.
Witness

WITNESS MY HAND AND SEAL, on the date and place first above written.

Notary Public

Doc. No.______;
Page No. ______;
Book No.______;
__________________________________________

Series of 2016.
VENDEE
_____________________________________________
VENDOR

3
 ACKNOWLEDGMENT RECEIPT

I, RODRIGO TEVES, JR. married to Juanita B. Teves Filipinos, of legal age and with
postal address at 7152 San Bernardino St. Makati City, Philippines, hereby
acknowledged the sum of Pesos: One Million Eight Hundred Seventy Two Thousand
(Php1,872,000.00), Philippine currency from ARTURO E. DIMAYUGA JR., married
to Ma. Emilia Daza-Dimayuga, Filipinos, of legal age with postal address at 662 Boni
Avenue, Mandaluyong City, Philippines, details are as follows:

Date Bank Branch Check No. Amount

__________________________________________________________________________
__________________________________________________________________________
__________________________________________________________________________

as full payment to the VENDOR entire satisfaction of a parcel of land WITHOUT

improvement situated at 7152 San Bernardino St. Makati City, Philippines, with an
area of Two Hundred Eight (208) Square Meters more or less, covered by Transfer
Certificate of Title No. 226154 issued by the Registry of Deeds for Makati City,
Metro Manila.

IN WITNESS WHEREOF, I have hereunto affixed my signature on this ____ day

of ________________ 2016 at Makati City, Philippines.

Received by:

__________________________
RODRIGO TEVES, JR.
ID No.

With Spouse Consent:

Juanita B. Teves
ID No.

SIGNED IN THE PRESENCE OF:

_____________________ ____________________

AC KNOWLEDGEMENT

REPUBLIC OF THE PHILIPPINES)

Makati City )

BEFORE ME, a Notary Public for and in the City/Province of Makati this day of
_____________, 2016, personally appeared Rodrigo Teves, Jr. and Juanita B. Teves
with competent identity written below their names, persons known to me and to me
known to be same person who executed the foregoing Acknowledgment and
acknowledge to me to be their free and voluntary act and deed.

WITNESS MY HAND AND SEAL on the date and place above written.
Notary Public
Doc. No.______;
Page No. ______;
Book No.______;
Series of 2016.

4
 ACKNOWLEDGMENT RECEIPT

I, RODRIGO TEVES, JR. married to Juanita B. Teves Filipinos, of legal age and with
postal address at 7152 San Bernardino St. Makati City, Philippines, hereby
acknowledged the sum of Pesos: ______________________________________
(Php______________), Philippine currency from ARTURO E. DIMAYUGA JR., married to
Ma. Emilia Daza-Dimayuga, Filipinos, of legal age with postal address at 662 Boni
Avenue, Mandaluyong City, Philippines, Filipinos and of legal age, details are as
follows:

Date Bank Branch Check No. Amount

__________________________________________________________________________
__________________________________________________________________________
__________________________________________________________________________

as full payment to the VENDOR entire satisfaction of a parcel of land WITHOUT

improvement situated at 7152 San Bernardino St. Makati City, Philippines, with an
area of Two Hundred Eight (208) Square Meters more or less, covered by Transfer
Certificate of Title No. 226154 issued by the Registry of Deeds for Makati City,
Metro Manila.

IN WITNESS WHEREOF, I have hereunto affixed my signature on this ____ day

of ________________ 2016 at Makati City, Philippines.

Received by:

__________________________
RODRIGO TEVES, JR.
ID No.

With Spouse Consent:

Juanita B. Teves
ID No.

SIGNED IN THE PRESENCE OF:

_____________________ ____________________

AC KNOWLEDGEMENT

REPUBLIC OF THE PHILIPPINES)

Makati City )

BEFORE ME, a Notary Public for and in the City/Province of Makati this day of
_____________, 2016, personally appeared Rodrigo Teves, Jr. and Juanita B. Teves
with competent identity written below their names, persons known to me and to me
known to be same person who executed the foregoing Acknowledgment and
acknowledge to me to be their free and voluntary act and deed.

WITNESS MY HAND AND SEAL on the date and place above written.
Notary Public
Doc. No.______;
Page No. ______;
Book No.______;
Series of 2016.

5
 SPECIAL AUTHORITY TO VENDEE
______________________________

KNOW ALL MEN BY THESE PRESENTS:

I, RODRIGO TEVES, JR. married to Juanita B. Teves Filipinos, of legal

age and with postal address at 7152 San Bernardino St. Makati City,
Children

Philippines do hereby declare that by virtue of a Deed of Absolute Sale, I have

sold to ARTURO E. DIMAYUGA JR., married to Ma. Emilia Daza-Dimayuga,
Filipinos, of legal age with postal address at 662 Boni Avenue, Mandaluyong
City, Philippines a parcel of land WITHOUT improvement situated at 7152 San
Bernardino St. Makati City, Philippines, with an area of Two Hundred Eight
(208) Square Meters more or less, covered by Transfer Certificate of Title
No. 226154 issued by the Registry of Deeds for Makati City, Metro Manila,
hereinafter referred to as the “Property,” which is more particularly described
as follows:

TRANSFER CERTIFICATE OF TITLE

___________________

No. 226154

UN TERRENO (Lot 9, Block No. 14 del plan de subdivision SWO 9431 parte del
Witness

lote No. 40, plano original Psu-41347) situado en el Municipio de San Pedro
Macati, Provincia de Rizal. Linda por el NE., con el lote No. 3, block No. 14 del
plano de subdivision; por el SE., con el Lote No. 10, block No. 14 del plano de
subdivision, por el SO., con una Calle (block No. 20) del plano de subdivision y,
por el NO., con el lote No. block No. 14 del plano subdivision. Partiendo de uno
punto marcado “1” en el plano cuyo punto se hall al N. 79 gds. 54’0., 1342.92
mts. ? mojon de localization de la Oficina de Terrenos, No. 1 San Pedro Macati, y
desde dicho punto “1” S.72 gds. 58 E., 13.00mts. ti punto “2”; de aqui S.14, gds.
_____________________

26 ‘0 16.00 mts. al punto “3” de aqui N.72 gds. 58’0 13.00 mts. al punto “4”; de
aqui N.14 gds. 26’E., 16.00 mts. al punto de partidad, midiendo una extension
Witnesses

superficial de DOS CIENTOS OCHO METROS CUADRADOS (208) mas o menos.

Todos los puntos nombrados se hallan marcados en el plano y sobre el terreno
estan determinados por majones de concreto marcados PLS la orientacion
seguida es la verdadera, siendo la declinacion magnetica de 0 gds. 37’E., la
fecha de la mediciona original. 10 de Diciembre de 1923, al 9 de Enero de 1924
y la de la subdivision 8 al 31 de Julio de 1924 y 4 al 5 de Septiembre de
1925.\\.
-x--x-x-x-x--x-

and I authorize the Vendee to transact, process and receive from any
government and/or private institution any or all documents related to my title,
____________________________ _________________________

interest and rights to the Property.

Attorney-in-fact/Vendee

This authority does not in any way amend, revoke or rescind the Deed of
Absolute Sale, which continues to remain valid and binding. This authority is
being issued to provide notice to any government and/or private institution
that may deal with the Vendee as the new owner of the Property.

We also release any government and/or private institution and their

shareholders, directors, officers, agents, employees, representatives, or
successors-in-interest from any claim or cause of action whatsoever against
them in respect of any matter incident to or arising out of the Property and I
agree to indemnify and hold them harmless from any and all suits or claims in
relation to or arising out of the Property, including the delivery/transfer of the
title to the Vendee.
Principal/Vendor

HEREBY GIVING AND GRANTING unto the Vendee full power and authority to
do and perform all and every act whatsoever requisite or necessary or proper to
carry into effect the foregoing authority, as fully to all intents and purposes as I
might or could lawfully do if personally present, with full power of substitution

6
and revocation, and hereby ratifying and confirming all that the Vendee or
his/her/their substitute shall do or cause to be done under and by virtue of
these presents.

IN WITNESS WHEREOF, the parties have hereunto set their hands on

___________ at ___________________.

_____________________________ ______________________________
RODRIGO TEVES, JR. ARTURO E. DIMAYUGA JR.
VENDOR VENDEE
ID No. ID No.

With Spouse Consent: With Spouse Consent

Juanita B. Teves Ma. Emilia Daza-Dimayuga

ID No. ID No.

SIGNED IN THE PRESENCE OF:

_____________________ ____________________

ACKNOWLEDGMENT

REPUBLIC OF THE PHILIPPINES)

_________ CITY ) SS.

BEFORE ME, a Notary Public for and in the City of __________,

Philippines personally appeared on this ___________, Vendor and Vendee, with
competent evidence of identity written below their names, known to me and to
me known to be the same persons who executed the foregoing instrument
consisting of two (2) pages including this page on which this acknowledgment
appears and they acknowledged to me that the same is their own free and
voluntary acts and deed.

Doc. No. ___; Notary Public

Page No. ___;
Book No. ___;
Series of 2016.