DEED OF ABSOLUTE SALE WITH ASSUMPTION OF MORTGAGE

KNOW ALL MEN BY THESE PRESENTS:

This DEED OF ABSOLUTE SALE WITH ASSUMPTION OF MORTGAGE, is made and entered by and
between:

That, We ANTHONY B. PURUGGANAN Married to MILDRED Z.

PURUGGANAN, Filipino citizens, of legal age and with the residence address at
160 A. Luna Ave, Phase 6 AFPOVAI Ft, Bonifacio Taguig City, after having sworn
to in accordance with the law, hereby depose and state and herein referred to as
SELLER/VENDOR;

-AND-

JOHN JUN DOLOR Married to MAY ANN LUCENO DOLOR, Filipino Citizen of a
Legal Age and a resident of Jialix Apartment Pilar road Almanza Uno Las Pinas City and
herein referred to as BUYER/VENDEE;

-WITNESSETH-

WHEREAS, The SELLER/VENDOR is the owner of the House and Lot located at
Block 45 Lot 1 Bella Vista, Barangay Santiago, City of General Trias, Cavite
Containing an area of Area Eighty Four Square Meter (84 sq) and with

Transfer Certificate of Title No. 057-2020006164

A parcel of land (Lot no. 1, Block 45, PCS-04-029255 Barangay Santiago Municipality of
General Trias, Province of Cavite Island of Luzon

BOUNDARIES

LINE DIRECTION ADJOINING LOT (S)

1-2 NW LOT 36, BLOCK 45, PCS-04-029255

2-3 NE ROAD LOT 15, PCS-04-017962
3-4-5-6-7-8-9- S,E SW ROAD LOT15, PCS-04-017962
10-11
11-1 NW LOT 2, BLOCK 45, PCS-04-029255

TIE POINT: MON NO. 139, SAN FRANCISCO DE MALABON ESTATE

LINE BEARING DISTANCE

TO CORNER 1 S. 27 * 48 E 2524.42 M.
1-2 N. 84 * 23 E 2.51 M.
2-3 S. 05 * 47 E 6.27 M.
3-4 S. 04 * 06 E 1.89 M.
4-5 S. 23 * 51 W 1.89 M.
5-6 S. 43 * 37 W 1.82 M.
6-7 S. 63 * 23 W 1.89 M.
7-8 S. 83 * 08 W 1.89 M.
8-9 N. 78 * 54 W 1.91 M.
9-10 N. 57 * 21 W 1.89 M.
10-11 N. 47 * 28 W 2.71 M.
11-1 N. 42 * 32 E 11.91 M.

WHEREAS, The BUYER/VENDEE has offered to buy the SELLER/VENDOR has agreed
to sell the above-mentioned property under the terms and condition herein below Seth forth.

1. PAGIBIG HOUSE LOAN (account # 347003051279 ) amounting to EIGHT

HUNDRED SIXTY-FIVE THOUSAND NINE HUNDRED FOURTY EIGHT
PESOS AND THIRTY EIGHT CENTAVOS THOUSAND PESOS (₱ 865,948.38)
will be paid in installment by the BUYER for THREE HUNDRED THIRTY NINE
MONTHS.

2. An amount of NINE HUNDRED FIFTY THOUSAND PESOS (PHP 950,000.00),

Representing earnest Money shall be payable by the BUYER/VENDEE to the
SELLER/VENDOR upon signing of the contract

3. TAXES and other payments due to the property after execution of this contract shall
be on the account of the BUYER/VENDEE

4. The original copy of all documents will be turn over to the BUYER/VENDEE upon
payment of the amount of NINE HUNDRED FIFTY THOUSAND PESOS (PHP
950,000.00)

5. The BUYER/VENDEE can occupy and use the said property upon signing of the
contract effectively February 14, 2023

6. The BUYER/VENDEE and SELLER/VENDOR agreed that on the instance that the
PAG-IBIG HOSING LOAN Account under name of SELLER/VENDOR no
accumulated of arrears, following option may be done;
a. BUYER/VENDEE are required to pay the arrears in full of interest if any.
b. SELLER/VENDOR Will pay for the arrears and interest if any, but
BUYER/VENDEE must relinquish the property but will be refunded the principal
amount paid during their stay; or will sell the property and will share the proceeds

DEFAULT PROVISIONS

1. If for any reason whatsoever. The VENDEE/S fails to pay three (3) Monthly
amortizations and other obligation on the loan, fails to submit the proof of payment of
the real estate taxes for the year, and /or violates or fails to perform any of the
obligations in the contracts entered into Pag-Ibig Fund, The VENDEE shall be
considered in default
 INSURANCE

1. SALES REDEMPTION INSURANCE, This insurance, Which Covers risk in case of

death or permanent total disability of the VENDOR, is subject to the schedule of
insurance in the Pag-Ibig Fund Master Policy, Buyer will give certain compensation,

IN WITNESS WHEREOF, we have hereunto affixed our signatures this _____ day of
________________2023 in ____________________, Philippines.

ANTHONY B. PURUGGANAN MILDRED Z. PURUGGANAN

Seller/Vendor Seller/Vendor

JOHN JUN DOLOR MAY ANN LUCENO DOLOR

Buyer/Vendee Buyer/Vendee

SIGNED IN THE PRESENCE OF:

________________________________ ________________________________

ACKNOWLEDGEMENT

Republic of the Philippines)

_________________________) S.S

BEFORE ME, personally appeared:

Name Valid I.D. Number Date/Place Issued

ANTHONY B. PURUGGANAN

MILDRED Z. PURUGGANAN

JOHN JUN DOLOR

MAY ANN LUCENO DOLOR

known to me and to me known to be the same persons who executed the foregoing instrument and
acknowledged to me that the same is their free and voluntary act and deed.

This instrument consisting of Three (4) page/s, including the page on which this acknowledgement is
written, has been signed on each and every page thereof by the concerned parties and their witnesses,
and sealed with my notarial seal.

WITNESS MY HAND AND SEAL, on the date and place first above written.

Notary Public

Doc. No.______;
Page No. ______;
Book No.______;
Series of 2022