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DEED OF ASSIGNMENT

KNOW ALL MEN BY THESE PRESENTS:

This DEED OF ASSIGNMENT, made and executed by and between:

JUSTO JENIE B. LIM, of legal age, Filipino, and resident of


4471 Scarlet St., Sun Valley, City of Paranaque, hereinafter
referred to as the “ASSIGNOR”;

- and -

MEDITH N. LIM, of legal age, Filipino, and resident of 4471


Scarlet St., Sun Valley, City of Paranaque, hereinafter
referred to as the “ASSIGNEE”,

Witnesseth;

WHEREAS, the ASSIGNOR is the registered owner of three (3) motor vehicles
mortgaged to Metropolitan Bank & Trust Co., and more particularly described as
follows:

Vehicle 1

MAKE : MASERATI
SERIES : GRANCABRIO SPORT
TYPE : CONVERTIBLE
MODEL : 2013
ENGINE NO. : MASERATIM145B194319
PLATE NO. : ______________________

Vehicle 2

MAKE : LEXUS
SERIES : LX570
TYPE : SUV
MODEL : 2012
ENGINE NO. : 3UR3096882
PLATE NO. : TOV-989

Vehicle 3

MAKE : MERCEDES BENZ


SERIES : ML 350 CDI AMG
TYPE : SUV
MODEL : 2013
ENGINE NO. : 64282641373323
PLATE NO. : ______________________

WHEREAS, the ASSIGNEE who is listed as co-borrower in the Chattel Mortgages is


the real and beneficial owner of said vehicles and she in fact pays for the monthly
amortizations of the loans secured by said chattel mortgages;
WHEREAS, the ASSIGNOR has decided to return and reconvey ownership of the
said vehicles to ASSIGNEE;

NOW, THEREFORE, for and in consideration of the foregoing premises, ASSIGNOR


does hereby ASSIGN, TRANSFER, and CONVEY unto the ASSIGNEE the aforementioned
three (3) motor vehicles.

The ASSIGNEE does hereby accept this assignment and shall continue assuming
the payment of the monthly amortizations with the METROPOLITAN BANK & TRUST CO.
of the three motor vehicles including interests.

In witness whereof, we have hereunto affixed our signatures this __________ day
of __________________________ in __________________________.

JUSTO JENIE B. LIM MEDITH N. LIM


Assignor Assignee

Signed in the presence of:

___________________________ ___________________________

ACKNOWLEDGMENT

REPUBLIC OF THE PHILIPPINES )


__________________________) S.S.

BEFORE ME this __________ day of _______________________________ 20____, personally


appeared the following:

Name CTC No. Place Issued Date

JUSTO JENIE B. LIM ____________________________________


MEDITH N. LIM ____________________________________

to me known and known to me to be the same persons who executed the foregoing instrument and
they acknowledged the same before me to be their free and voluntary act and deed.

I hereby certify that this instrument contains TWO (2) pages, signed on each and every page by
the parties and their instrumental witnesses and duly authenticated by my notarial seal.

WITNESS MY HAND AND SEAL.

Doc. No. _____ ; Page No. ____


Book No. ____ ; Series of 2013

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