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DEED OF EXCHANGE

KNOWN ALL MEN BY THESE PRESENTS:

This Deed of Exchange made and entered into by and


between:
FERNANDO J. WAKIN, of legal age, Filipino, single, and a
resident Lower Brookside, Baguio City Philippines herein referred
to as “FIRST PARTY”;
-and-
FERDINAND BANAGA, of legal age, Filipino, single, and a
resident of Happy Hallow, Baguio City, Philippines herein
referred to as “SECOND PARTY”.

WITNESSETH

WHEREAS, the FIRST PARTY is the true and registered owner of a


motor vehicle, covered by a Registration Certificate of Motor
Vehicle No. 43526 registered in his name by the Land
Transportation Office, Quezon City on October 15, 2017, more
particularly described as follows:
MITSUBISHI MONTERO SPORT 2017 MODEL WITH PLATE
NO.HGF 876, MOTOR NO. 9876 AND CHASSIS NO.65432.
WHEREAS, the SECOND PARTY is the true and registered owner
of a parcel of land situated in Bakakeng Central, Baguio City,
Philippines covered by a Transfer Certificate of Title No. 6152341 of
the Register of Deeds of Baguio, more particularly described as
follows:
TWO HUNDRED SQUARE METERS (200 SQ METERS),
RESIDENTIAL LOT LOCATED AT CRYSTAL CAVE, BAGUIO CITY,
PHILIPPINES.
WHEREAS, the FIRST PARTY and the SECOND PARTY, have
agreed to transfer and convey by way of exchange the above
described properties in favor of each other;
NOW THEREFORE, for and in consideration of the foregoing
premises, the first party hereby CEDES, TRANSFERS, and CONVEYS
BY WAY OF EXCHANGE, the motor vehicle covered and described
under Registration Certificate of Motor Vehicle No. 43526 by the
Land Transportation Office, including all the improvements
thereon in favor of the SECOND PARTY and in the same manner,
the SECOND PARTY, CEDES, TRANSFERS, and CONVEYS BY WAY OF
EXCHANGE, the parcel of land covered and described under the
Transfer Certificate of Title No. 6152341 of the Register of Deeds of
Baguio City, including all the improvements found and standing
thereon in favor of the first party.

IN WITNESS WHEREOF, the parties have hereunto set their


hands, this 13th of October 2018 at Baguio City, Philippines.

FERNANDO J. WAKIN FERDINAND BANAGA


First Party Second Party

IN THE PRESENCE OF:

CARMENIA H. SABINO PACITA P. CUDYA


Witness Witness

ACKNOWLEDGEMENT

REPUBLIC OF THE PHILIPPINES)


CITY OF BAGUIO ) S.S.

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


this 13th day of October 2018, personally appeared the
following parties, with their respective Community Tax
Certificate (CTC)/ Tax Identification Numbers (TIN) indicated as
follows:

CTC Number/TIN Date/Place


Issued
FERNANDO J. WAKIN 000124312/ TIN 555- 1-6-18/Baguio
475-888
FERDINAND BANAGA 000514231/TIN 333- 2-8-18/Baguio
444-666
CARMENIA H. SABINO 000516438/ TIN 651- 2-5-18/ Baguio
832-989
PACITA P. CUDYAM 000187239/ TIN 712- 3-1-18/Baguio
777-914

Known to me and to me known to be the same persons


who executed the foregoing Deed of Exchange and
acknowledged to me that the same is their free and voluntary
act and deed.

WITNESS MY HAND AND SEAL this 13TH day of October 2018,


Baguio City.

Doc. No. ______;


Page No. ______;
Book No. ______;
Series of 2018