Form No.

21--SALE OF VESSEL

KNOW ALL MEN BY THESE PRESENTS

   That I,…………………………………………….....of legal age,  single/married

to .............................................................................................a citizen of the Philippines ,
with residence and post-office address at ................................................FOR AND IN
CONSIDERATION OF THE SUM OF ........................(p…………......) Philippines
Currency, paid by............................................of legal age. single/married to .......with
residence and post -office address at .....................................................do hereby SELL
AND CONVEY unto the said ………………………………….......his hiers and assigns ,
the following vessel of Philippines registry

     NAME OF VESSEL

     RIG OF VESSEL
     PRINCIPAL DIMENSIONS
    WHERE BUILT
     GROSS TONNAGE
     NET TOONAGE
    MATERIAL OF HULL
     YEAR WHEN BUILT :

CERTIFICATE OWNERSNERSHIP NO…………………………….......ISSUED BY

THE COLLECTOR OF CUSTOMS ON............21

   I hereby warrant unto the vendee that the above vessel is free from any encumbrances
of whatever nature  in favor of any persons or entity.

    In witness whereof , I have hereunto set my hand, this day of …………….... .
19.............................at...........................................

............................................................
VENDOR

WITNESSES:
................................................................       

..................................................................