DEED OF ABSOLUTE SALE

OF MOTOR VEHICLE

KNOW ALL MEN BY THESE PRESENTS:

This Deed of Sale made and executed this 13 th day of February 2022 in Pampanga,
Philippines by and between:
JAMES PAUL YCO of legal age, Filipino and residence of Ma. Clara St. San Nicolas, San
Fernando, Pampanga hereinafter known as the VENDOR;
- And –
of legal age, with postal and residence address at Brgy. San Martin IV, City of San Jose del
Monte, Bulacan, hereinafter called the VENDEE.

WITNESSETH THAT:
WHEREAS, the VENDOR is the absolute owner of the motor vehicle, more particularly
described as follows, to wit:

Make NISSAN Engine No. GA16-102963Y

Type/Series EXALTA 1.6 Serial/Chassis No. BAYALJAB14-D18615
Type of Body SEDAN 4 DOOR Plate No. WSX 298
Year Model 2001 MV File No. 1308-00000241495
O.R. Date 09/05/2019 C.R. No. 172123324

WHEREAS, the VENDOR has offered to sell to the VENDEE and the latter has agreed to buy
the aforementioned, vehicle, for the price and under the conditions hereinafter set forth:

NOW, THEREFORE, FOR IN CONSIDERATION OF THE PREMISES, and more specifically

of the sum of EIGHTY THOUSAND Philippine currency, (Php 80,000.00) receipt whereof is
expressly acknowledged and confessed by the VENDOR from the VENDEE, the VENDOR
has SOLD, TRANSFERRED and CONVEYED, and by these presents, does hereby SELL,
TRANSFER and CONVEY unto the VENDEE, his/her heirs/administrators, successors-in-
interest and assigns the above-described motor vehicle: subject to the following terms and
conditions.

1. The VENDEE, hereby undertake to immediately transfer the registration of the said
motor vehicle in his/her name. However, in the event that the said motor vehicle
causes damage or injury to any person or property before the transfer of registration
in his name and while already in his possession or that of his authorized
representative or any person acting in his behalf, the VENDEE will assume exclusive
liability for such damage or injury. The VENDEE further undertakes in such event, to
hold the VENDOR from any manner of actions, suits, claims and/or demands
whatsoever with the person injured or owner of the damaged property may have
against the registered owner.

2. All expenses, including registration fees, documentary stamps, notarial and

attorney’s fees, and all other charged fees, which may be required on this instrument
necessary to transfer title in the name of the VENDEE, shall be paid by the
VENDEE.