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Form No. 111 DEED OF SALE WITH MORTGAGE
Form No. 111 DEED OF SALE WITH MORTGAGE
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,
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)
IN WITNESS WHEREOF, I have signed this deed this 3 rd day of March, 2015 at the City
of Manila, Philippines.
JOINT ACKNOWLEDGMENT