WHEREAS, the VENDOR desires to sell the said motor vehicle and the VENDEE is ready, willing and able to buy the same;
NOW, THEREFORE, for and in consideration of the sum of _______________, receipt of which is hereby acknowledged by the VENDOR, to his full and complete satisfaction, the VENDOR, does SELL, TRANSFER and CONVEY unto the VENDEE, his heirs, successors and assigns, the above-described motor vehicle.
IN WITNESS WHEREOF, the parties have hereunto affixed their respective signatures this ____________ in ______________, Philippines.
SIGNED IN THE PRESENCE OF: ______________________ ______________________
REPUBLIC OF THE PHILIPPINES ) _____________________ )S.S.
Personally appeared before me the abovenamed parties with their respective identifications indicated below their names known to me to be the same persons who executed this foregoing instrument and acknowledged to me that the same is their free act and deed.
WITNESS MY HAND AND SEAL this at _______________, this __________________.
Doc. No. ______; Page No. ______; Book No. ______; Series of 20__.