DEED OF SALE WITH ASSUMPTION OF MORTGAGE

KNOW ALL MEN BY THESE PRESENTS:

This DEED, made and entered at Mandaue City, Philippines and between ALEXANDER
LIMPIADO ILIGAN, of legal age, Filipino, single with residence and postal address at Unit
1Oprra, Kalunasan, Capitol Hills, Cebu City and hereinafter called the VENDOR,

And

DISCORO SEGUERRA BARGAMENTO, JR. of legal age, Filipino, single with residence and
postal address at Sitio Bahadas, Tabunok, Talisay City, Cebu. and hereinafter called the VENDEE;

WITNESSETH

WHEREAS, the VENDOR is the registered owner in fee simple of that certain property with all the
improvements existing thereon, situated at _____________________ covered by Original/Transfer Certificate of
Title No. _________ of the Register of Deeds of _____________, and more particularly described as follows:

TECHNICAL DESCRIPTION

LOT 35 DUPLEX

Survey Plan : Psd-

Lot No. : Lot 36, Block 3
Portion of Lot : LOT 7187-B-2-C, PSD-07-095281
Location : Brgy. Biasong, Talisay City, Province of Cebu

Boundaries:

Line Direction Adjoining Lots/Features

1-2 SW Lot 2533, TAL.-MING. ESTATE, FLR-133

2-3 NW Lot 37, Block 3, Psd-
3-4 NE Road Lot 9, (8.00 M. WIDE), Psd- ____
4-1 SE Lot 35, Block 3, Psd- __________

Tie Point: BBM No. 16, TAL.-MING. ESTATE

Lot Description:

Line Bearing Distance

Tie Point-1 N 35o 48’E 319.58 m

1-2 N 23o 10’W 8.05 m
2-3 N 65o 34’E 12.52 m
3-4 S 24o 27’E 8.05 m
4-1 S 65o 33’W 12.70 m

Area: One Hundred Two (102) square meters, more or less

WHEREAS, the VENDOR has offered to sell and the VENDEE has agreed to buy the above-described
land with all the improvements thereon for the total price of FOUR HUNDRED THOUSAND PESOS (P
400,000.00);

NOW THEREFORE, for and in consideration of the sum of FOUR HUNDRED THOUSAND PESOS (P
400,000.00) has been paid to and the receipt whereof is hereby acknowledged by the VENDOR, the said VENDOR
does hereby SELL, TRANSFER and CONVEY, in a manner absolute and irrevocable, unto the VENDEE, his/her
heirs and assigns the real property above-described together with all the improvements existing thereon, free and
clear of all liens and encumbrances;

The VENDEE does hereby accept this sale and binds himself to assume as he hereby assumes the payment
of the unpaid balance of the house and lot of the vendor amounting to
______________________________________________(P________________) as of this date in favor of the 77
Living Spaces, Inc. in which he should be pay the amount of NINETEEN THOUSAND, THREE HUNDRED
NINETY PESOS AND SEVENTY FOUR CENTAVOS (P 19,390.74) until___________________ and does hereby
further agree to be bound by the precise terms and conditions therein containd;
 The VENDOR shall secure the approval of the _____________ to the assumption by the VENDEE
of the balance over the subject property; and

After the full payment of the property to ___________ and Title to the said property be issued to the name
of the VENDOR, the VENDOR shall cause the transfer of the Title’s name under the VENDEE.

IN WITNESS WHEREOF, the parties have hereunto set their hands and signed these presents on the date
and at the place first above written.

ALEXANDER LIMPIADO ILIGAN DISCORO SEGUERRA BARGAMENTO, JR

Vendor Vendee

Signed in the presence of:

Name of Witness Name of Witness

ACKNOWLEDGEMENT

REPUBLIC OF THE PHILIPPINES}

MANDAUE CITY } S.S.

BEFORE ME, a Notary Public for and in the above jurisdiction, this 21 ST day of FEBRUARY 2019,
personally appeared the following persons:

Name Government ID Issued on/At

ALEXANDER LIMPIADO ILIGAN Philhealth id: 02- Cebu City
(Vendor) 025929215-9 _________
DISCORO SEGUERRA PhilHealth - 12- Cebu City
BARGAMENTO, JR (Vendee) 050730682-4 ________

known to me to be the same persons who executed the foregoing Deed of Sale with Assumption of Mortgage
involving the sale of house and lot, which instrument consists of _____ pages, including the page on which this
acknowledgement is written and signed at the left margin of each and every page by the parties executing this
instrument and their witnesses and sealed with my notarial seal and said parties acknowledge to me that the same is
their free and voluntary act and deed.

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

Doc. No. ______;

Page No. ______; NOTARY PUBLIC
Book No. ______;
Series of 2019.