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DEED OF ASSIGNMENT AND TRANSFER OF RIGHTS

KNOW ALL MEN BY THESE PRESENTS:

This DEED OF ASSIGNMENT is made, executed and entered into


by and between:

SHAYNE TOPP, Filipino, of legal age, single, and presently


residing at Unit 405, Aeon Towers, J.P. Laurel Avenue, Davao City,
Davao del Sur, Philippines, hereinafter referred to as ASSIGNOR.

- AND -

COURTNEY MILLER, Filipino, of legal age, single, and presently


residing at #54 Kawayan Drive, Insular Village, Lanang, Davao City,
Davao del Sur, Philippines, hereinafter referred to as ASSIGNEE.

WITNESSETH;

WHEREAS, by a CONTRACT OF LOAN dated March 4, 2021,


ASSIGNOR has a remaining unpaid balance of ONE HUNDRED
THOUSAND PESOS (Php 100,000) with ASSIGNEE to be settled on
September 11, 2022;

WHEREAS, ASSIGNOR has offered to assign all his rights, title and
interest over a personal desktop computer with an assessed value of
ONE HUNDRED AND TWENTY-FIVE THOUSAND, as evaluated by a
private appraiser, as alternative fulfillment of his aforementioned
obligation in money;

WHEREAS, ASSIGNEE consents and accepts the assignment of


the personal desktop computer by way of dacion en pago in
accordance with the terms herein set forth;

NOW THEREFORE, for and in consideration of the foregoing


premises, the ASSIGNOR hereby assigns, transfers, and conveys unto
the ASSIGNEE, all his rights, title, and interest to the aforementioned
property and the ASSIGNEE by these presents hereby accepts the
assignment by way of dacion en pago and so declares that the money
obligation embodied in the CONTRACT OF LOAN dated March 4, 2021
has been fulfilled, and the ASSIGNOR free from all obligations under
such CONTRACT OF LOAN.
IN WITNESS WHEREOF, we have hereunto set our hands this 19th day
of August 2022 at Davao City, Davao del Sur Philippines.

SHAYNE TOPP COURTNEY MILLER


Assignor Assignee

SIGNED IN THE PRESENCE OF

IAN HECOX SAIGE RYAN


Witness Witness
ACKNOWLEDGEMENT

REPUBLIC OF THE PHILIPPINES )


CITY OF DAVAO ) S.S

x- - - - - - - - - - - - - - - -x

BEFORE ME, a Notary Public for and in the City of Davao, Davao
del Sur, Philippines, this 22nd day of August 2022, personally appeared,
the parties exhibiting the following identification cards:

SHAYNE TOPP PhilSys No. 1239-0456-7812-7650


COURTNEY MILLER PhilSys No. 9086-1345-9063-4890

Known to me and to me known to be the same persons who executed


the foregoing DEED OF ASSIGNMENT and who acknowledged that
the same instrument is their own free and voluntary act and deed.

This DEED OF ASSIGNMENT, consisting of three (3) pages, including


the pages on which this acknowledgement is written, has been signed
on each and every page thereof by the concerned parties and their
witnesses.

WITNESS MY HAND AND SEAL on this 22nd day of August


2022, at the City of Davao, Davao del Sur, Philippines.

ATTY. DANIEL CARLOS R. TAN


Notary public for Davao City
Serial No. 2022-189-2023
Roll of Attorney No. 51995
IBP O.R. No. 252525 – 02-03-2022, Davao City
PTR No. 1919191 – 01-25-2022, Davao City
MCLE Certificate of Compliance No. 251995 – 08-19-2024
3/F Building 1, Matina IT Park,
Gen. Douglas MacArthur Highway, Davao City

Doc No. 8;
Page No. 2;
Book No. I;
Series of 2022

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