DEED OF SALE OF MOTOR VEHICLE WITH ASSUMPTION OF MORTGAGE

KNOW ALL MEN BY THESE PRESENTS:

That I, ______________of legal age, married, with residence and postal address at
____________________, for and in consideration of the amount of PESOS:
______________________________ (P_____________), Philippine Currency, and other
valuable consideration, receipt of which is hereby acknowledged from ____________likewise of
legal age, married/single, with residence and postal address at
________________________________________ hereby SELLS, TRANSFERS AND
CONVEYS and by these presents have SOLD, TRANSFERRED AND CONVEYED unto said
_________________________________ the following motor vehicle describe as follows:

Make: Serial No.:

Model: Motor No.:
Type: Plate No.:
File:

of which I am the absolute owner.

I hereby warrant that said motor vehicle is still mortgaged with _________Bank, with
remaining balance of ___________________________________________________
(P_______________), with monthly amortization amounting to _______________payment due
every ____of the month starting ____ up _____ and that I will defend the title and rights of the
VENDEE from any claims of whatever kind or nature from third persons.
With obligation as follows:
 Yearly renewal of insurance
 Yearly LTO Registration

IN WITNESS WHEREOF, I have hereunder affixed my hand this ___th day of ___________,
______, at ____________________________, Philippines.

CONFORME:

_____________________ _____________________
Vendee Vendor
____________________ ___________________

SIGNED IN THE PRESENCE OF:

_____________________ _____________________
REPUBLIC OF THE PHILIPPINES )
PROVINCE OF ______________________ ) S.S.
CITY/MUNICIPALITY OF ________________)

Before me, Notary Public, for and in the City/Municipality of _______________ appeared
__________________________________________ with Residence Certificate No.
_____________________________ issued on ___________________ at
____________________________, known to me and to me known to be the same person who
executed the foregoing instrument, and acknowledged to me that the same is her/his free and
voluntary act and deed.
WITNESS MY HAND AND SEAL this ______th day of _______________,
____________.

Doc. No. __________

Page No. __________
Book No. __________
Series of __________

NOTARY PUBLIC