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REPUBLIC OF THE PHILIPPINES )

CITY OF MANILA ) S.S.

DEED OF SALE WITH MORTGAGE

KNOW ALL MEN BY THESE PRESENTS:

This Deed of Sale with Mortgage made and executed by and between:

Juan dela Cruz, Filipino, single and resident of 9 Recto Ave., Manila, (VENDOR-
MORTGAGEE),

-and-

Maria Reyes, Filipino, single and resident of 20 Recto Ave., Manila, (VENDEE-
MORTGAGOR);

WITNESSETH:

1. The VENDOR-MORTGAGEE is the absolute owner of a certain parcel of land with all
the buildings and improvements thereon, situated in the City of Manila, his title thereto
being evidence by TCT No. 123456 of the Register of Deeds and more particularly
described, as follows:

A parcel of land (Lot 3, Block 1 of the subdivision plan (LRC) Psd-1111, being a portion
of Lot 1-B, described on plan Psd-12222, LCR (GLRO) Rec. No. (NA), situated in the
Barrio of Bomber, District of Sampaloc, City of Manila. Bounded on the N., points 1 to 2
by Lot 1, Block 1; on the E., points 2 to 3 by Road Lot on the S., points 3 to 4 by Lot 5;
and on the W., points 4 to 5 by Lot 6; points 5 to 6 by Lot 4, and points 6 to 1 by Lot 2, all
of Block 1, all of the subdivision plan. Beginning at a point marked “1” on the plan, being
N. 14 deg. 20’ E., 53.29 m. from Mon. #1, Dist. of Sampaloc, City of Manila,

thence N. 87 deg. 09’E., 13.88 m to point 2;


thence S. 3 deg. 14’E., 17.64 m to point 3;
thence S. 88 deg. 01’W., 13.88 m to point 4;
thence N. 2 deg. 48’W., 2.45 m to point 5;
thence N. 4 deg. 05’W., 8.43 m to point 6;
thence N. 2 deg. 17’W., 6.55 m to the point of beginning;

containing an area of TWO HUNDRED FORTY-FOUR (244) square meters, more or


less. All points referred to are indicated on the plan and are marked on the ground by P.S. cyl.
Conc. Mons. 15 x 60 cm.s; bearings true, date of the original survey. December 17, 1908 &
February 14 – 17, 1966.

xxx xxx xxx


bounded on the S. along line 1-2 by Lot 1513; on the W., along lines 2-3-4-5-6 by Lot
1486; on the N. along lines 7-8-9 by Lot 1476 and on the E., along line 9-1 by Lot 1488, all
Cad-D, Manila Cadastre.

xxx xxx xxx

his title thereto shown by Transfer (or Original) Certificate Title No. 1234 issued by the
Register of Deeds of Manila;

2. The VENDOR, for and in consideration of the amount of ONE MILLION PESOS (1,
000,000.00), to him paid by VENDEE and receipt of which is acknowledged, does
hereby SELL, TRANSFER and CONVEY unto the said VENDEE, his heirs and assigns,
the property with all the buildings and improvements thereon, free from all liens and
encumbrances whatsoever;

3. It is hereby agreed and stipulated that the UNPAID BALANCE OF TWO HUNDRED
THOUSAND PESOS (P200,000.00) shall be paid by the VENDEE-MORTGAGOR to the
VENDOR-MORTGAGEE at the latter’s residence, as follows:
(State manner of payment)

4. In order to guarantee the fulfillment of the above obligations, the VENDEE-


MORTGAGOR does hereby MORTGAGE unto the said VENDOR-MORTGAGEE, his
heirs and assigns, the property described, together with all the buildings and
improvements thereon, under the express stipulation that if the said VENDEE-
MORTGAGOR shall pay or cause to be paid unto the VENDOR-MORTGAGEE the
obligations, then this Mortgage shall be of no further force and effect; otherwise, the
same shall remain in full force and effect and shall be enforceable in the manner
prescribed by law.

IN WITNESS WHEREOF, I have signed this deed this 3 rd day of March, 2015 at the City
of Manila, Philippines.

(Sgd.) Juan dela Cruz (Sgd.) Maria Reyes


Vendor-Mortgagee Vendee-Mortgagor

SIGNED IN THE PRESENCE OF:

(Sgd.) Julia Mendoza (Sgd.) Irma Pirma


Witness Witness

JOINT ACKNOWLEDGMENT

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