Deed of Sale of Motor Vehicle With Assumption of Mortgage

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DEED OF SALE OF MOTOR VEHICLE WITH ASSUMPTION OF MORTGAGE

KNOW ALL MEN BY THESE PRESENTS:

That I, -----------------------------------, of legal age, married, with residence and postal


address at Blk 8 Lot 2 Rupee St., Villa Carolina 1, Tunasan, Muntinlupa City, 1700
, for and in consideration of the amount of PESOS: ______________________________
(P_____________), Philippine Currency, and other valuable consideration, receipt of
which is hereby acknowledged from Myra Nazareno Monteza likewise of legal age,
married/single, with residence and postal address
at ________________________________________ hereby SELLS,
TRANSFERS ANDCONVEYS and by these presents have SOLD, TRANSFERRED AND
CONVEYED unto said _________________________________ the following motor
vehicle describe as follows:

of which I am the absolute owner. I hereby warrant that said motor vehicle is still
mortgaged with East West Bank, with remaining balance of
____________________________ (P__________) with monthly amortization amounting to
Twelve Thousand Two Hundred Pesos (P12,200), payment due every 30thof the month
starting July 2012 up to February 2016 and that I will defend the title and rights of the
VENDEE from any claims of whatever kind or nature from third persons.

With obligation as follows:


•Yearly renewal of insurance
•Yearly LTO Registration

IN WITNESS WHEREOF, I have hereunder affixed my hand this ___th day


of ___________, ______, at ____________________________, Philippines.

CONFORME: __________________________________________

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