REPUBLIC OF THE PHILIPPINES)

CITY OF ORMOC.....................)S.S.

SELF-ADJUDICATION

     I, LEONILA L. IBANO, of legal age, Filipino, widow and a resident of Ormoc City, Leyte,
Philippines, Philippines, after having been duly sworn to in accordance with law, do hereby
depose and state, THAT:

1. I am sole heir of the late ELEUTERIA TANJAY who died on November 5,

1991 at Ormoc City, Leyte, Philippines;

2. Said deceased person died intestate, without any Last Will or Testament, and
without any outstanding debts or accounts;

3. The deceased person is the registered owner of a certain parcel of a parcel of

land covered by TCT No. 5224 containing an area of Twenty Thousand Six Hundred
Fifty Two (20,652) square meter more or less ;

5. Pursuant to Section 1 of Rule 74 of the Revised Rules of Court of the

Philippines, and being with full capacity to contract, I do hereby adjudicate unto myself
the above mentioned parcel of land;

  IN WITNESS WHEREOF, I hereby set my hand this __ day of ________ at Ormoc City,
Leyte, Philippines.

LEONILA L. IBANO
Seller

Signed in the presence of:

_________________________ _______________________

ACKNOWLEDGEMENT

REPUBLIC OF THE PHILIPPINES)

CITY OF ORMOC ) S.S

BEFORE ME, a Notary Public for and in the City of Ormoc this __ day of ______, the
following personally appeared with her Competent Evidence of Identity (CEI) to wit;

Name CEI

LEONILA L. IBANO

Known to me and to me known to be the same persons who executed this instrument and
acknowledge to me that the same is their free act and voluntary deed.

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

CONTRACT TO SELL

KNOW ALL MEN BY THESE PRESENTS:

 This CONTRACT TO SELL made and executed on this __day of _______ by and
between the following parties:

LEONILA L. IBANO, of legal age, Filipino, widow and a resident of Ormoc City,
Leyte, Philippines, Philippines, hereinafter referred to as the “VENDEE;

-in favor of-

BLUE SAPPHIRE AGGREGATES CONSTRUCTION & SUPPLY INC.

Represented by Manuel Villahermosa, of legal age, Filipino, and with residence and postal
address at Vilbar St., Hilongos Leyte, hereinafter referred to as the “VENDEE;

WITNESSETH

SELLER/VENDOR is the sole heir of the late ELEUTERIA TANJAY on which the
registered owner of a certain parcel of land covered by TCT-T-5224 situated in the Municipality
of Mahaplag, Southern, Leyte, Philippines, containing an area of Twenty Thousand Six Hundred
Fifty Two (20,652) square meter more or less by virtue of Sole Adjudication and entered into the
notarial register of Atty. Gerentstein T. Banzon under Doc. No.:____; Page No.:____; Book
No.:_____; Series of 2020 and more particularly described as follows to wit:

TCT NO. T-5224

“A parcel of land known an identified as Lot 1618 situated in the Municipality of
Mahaplag Southern Leyte, Philippines containing an area of Twenty Thousand
Six Hundred Fifty Two (20,652) square meters more or less.”

WHEREAS, the BUYER/VENDEE has offered to buy and the SELLER

/VENDOR has agreed to sell the above mentioned property containing an area of Twenty
Thousand Six Hundred Fifty Two (20,652) square meters more or less under the terms and
conditions herein below set forth;
 
        NOW THEREFORE, for and in consideration of the total sum of Six Hundred Thousand
(Php 600,000.00) Philippine Currency, and of the covenants herein after set forth
the SELLER/VENDOR agrees to sell and the BUYER/VENDEE agrees to buy the aforesaid
property subject to the following terms and conditions: 
 
1.     The total consideration shall be Six Hundred Thousand (Php 600,000.00) Philippine
Currency, payable as follows:

a) The amount of Two Hundred Thousand (Php 200,000.00) PESOS, representing as

down payment which shall be payable by the BUYER/VENDEE to
the SELLER/VENDOR upon execution of this Contract to Sell;
 
b) The remaining balance in the amount of Four Hundred Thousand (Php: 400,000.00)
PESOS, shall be paid in four (4) monthly installment through postdated checks in the amount of
One Hundred Thousand (Php 100,000.00) Pesos commencing from April up to May and for
the month of June, the amount of the check issued is amounting of One Hundred Fifty Thousand
(Php 150,000.00) Philippine Currency except the remaining Fifty Thousand Pesos (Php
50,000.00) shall be paid by the BUYER/VENDEE upon the new issuance of owner’s duplicate
copy of the Title;
 
c) In case the check representing the payment for the balance provided in paragraph b
above is dishonored by the drawee bank, the down payment in the amount of Two Hundred
Thousand (Php 200,000.00) PESOS, and the total amount paid prior to said dishonor, shall be
treated as payment to the portion covered in favor of the BUYER/VENDEE subject to whatever
penalties that may due by reason of the said delay or failure;
2.   Real Estate Tax shall be for the account of the BUYER/VENDEE;
3. Capital Gains Tax, Documentary Stamps Tax and Transfer tax shall be for the account of the
BUYER/VENDEE;
 
4.   Registration Fee, registration expenses, and all other miscellaneous fees and expenses shall
be to the account of the BUYER/VENDEE except the Attorney’s Fees on which will be account
by the SELLER/VENDOR and BUYER/VENDEE in half way basis;
 
5.     Possession to the subject property shall be delivered by the SELLER/VENDOR to
the BUYER/VENDEE upon signing of this instrument together with all improvements may
cause and found thereon and the Annual Real property Tax shall be for the account of the
BUYER/VENDEE;
 
6.    Upon full payment of the total price, the SELLERS/VENDORS shall sign and execute a
DEED OF ABSOLUTE SALE in favor of the BUYER/VENDEE.  The
SELLER/VENDOR shall likewise execute and/or deliver any and all documents, including but
not limited to the original copy of Transfer Certificate of Title, Tax Declaration and all other
documents necessary for the transfer of ownership from SELLER/VENDOR to
the BUYER/VENDEE.
 
IN WITNESS WHEREOF, the parties have hereunto affixed their signatures, this ___
day of ____________, 20__ at _________________________, Philippines.
 

LEONILA L. IBANO
Heir/Vendor

BLUE SAPPHIRE AGGREGATES CONSTRUCTION & SUPPLY INC.

Represented by:

Manuel Villahermosa

SIGNED IN THE PRESENCE OF:

 
__________________________               ____________________________
 

ACKNOWLEDGMENT

REPUBLIC OF THE PHILIPPINES)

_____________________________ )  SS.

BEFORE ME, a Notary Public, this ____________day of ________________, personally

appeared the following:

Name                               ID#                Date/Place Issued

LEONILA L. IBANO
MANUEL VILLAHERMOSA

This documents consists of three (3) pages including this page where that acknowledge is
written and signed by both parties including their instrumental witnesses

IN WITNESS WHEREOF, I have hereunto set my hand the day, year and place above
written.
 DEED OF ABSOLUTE SALE

KNOW ALL MEN BY THESE PRESENTS:

This DEED OF ABSOLUTE SALE is made, executed and entered into by:

LEONILA L. IBANO, of legal age, Filipino, widow and a resident of Ormoc City,
Leyte, Philippines, Philippines, hereinafter referred to as the “VENDEE;

-AND-

BLUE SAPPHIRE AGGREGATES CONSTRUCTION & SUPPLY INC.

Represented by Manuel Villahermosa, of legal age, Filipino, and with residence and postal
address at Vilbar St., Hilongos Leyte, hereinafter referred to as the “VENDEE;

WITNESSETH:

SELLER/VENDOR is the sole heir of the late ELEUTERIA TANJAY on which the
registered owner of a certain parcel of land covered by TCT-T-5224 situated in the Municipality
of Mahaplag, Southern, Leyte, Philippines, containing an area of Twenty Thousand Six Hundred
Fifty Two (20,652) square meter more or less by virtue of Sole Adjudication and entered into the
notarial register of Atty. Gerentstein T. Banzon under Doc. No.:____; Page No.:____; Book
No.:_____; Series of 2020 and more particularly described as follows to wit:

WHOLE PORTION

TCT NO. T-5224

“A parcel of land known an identified as Lot 1618 situated in the Municipality of
Mahaplag Southern Leyte, Philippines containing an area of Twenty Thousand
Six Hundred Fifty Two (20,652) square meters more or less.”

NOW THEREFORE, for and in consideration of the sum of Six Hundred Thousand
(Php 600,000.00) Philippine Currency, Philippine Currency, the SELLER DO HEREBY
SELL, TRANSFER, and CONVEY by way of Absolute Sale unto the said BUYER a total of
Twenty Thousand Six Hundred Fifty Two (20,652) square meters more or less, her heirs and
assigns, the certain parcel of land together with all the improvements found thereon, free from all
liens and encumbrance of whatever nature including real estate taxes as of the date of this sale.

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

_______________________ in Ormoc City, Philippines.

LEONILA L. IBANO
Heir/Vendor

SIGNED IN THE PRESENCE OF:

__________________________ ____________________________

ACKNOWLEDGMENT

REPUBLIC OF THE PHILIPPINES)

CITY OF ORMOC . . . . . . . . . . . . . . ) S.S.

BEFORE ME, a Notary Public the City of Ormoc, personally appeared vendor with their
competent evidence of identity indicated below their names, who are known to me and to me
known to be the same persons who executed the foregoing instrument and acknowledged to me
that the same are their free act and voluntary deed.

This instrument consists of two (2) pages including this page where this acknowledgment
is written and signed by the parties and their witnesses.

WITNESS MY HAND AND SEAL on this _ day of _____________ 2020 at Ormoc

City, Philippines.
 ACKNOWLEDGMENT RECEIPT

I,CRESENTE M. BREGAUDIT II of legal age, Filipino and a resident at Brgy.Ipil II,

Palompon, Leyte, Philippines, hereby acknowledged to have received the amount of THREE
HUNDRED THOUSAND PESOS (P 300,000.00) from SOPHIA NOREENE A. OÑATE,
BIANCA STEFANI A. OÑATE and MARY DOMINIQUE A. OÑATE, all of legal age,
Filipinos, all single and resident of Palompon, Leyte, Philippines as full payment of a certain
parcel of land covered by Original Certificate of Title No. OC-11873 situated at Brgy. Rizal,
Municipality of Palompon, Province of Leyte, Philippines containing a total area of FIFTY
THREE THOUSAND TEN (53,010) SQUARE METERS, I sold unto their evidenced by a
Deed of Sale, notarized by Atty. Gerentstein T. Banzon of Ormoc City, per Doc. No. _______;
Page No. _____; Book No.____; Series of 2019.

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

_______ atOrmoc City, Philippines.

CRESENTE M. BREGAUDIT II
Vendor/Recipient
Valid ID:______________________

SUBSCRIBED AND SWORN TO before me this ___ day of _______ atOrmoc City,
Philippines.