Deed of absolute sale


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Deed of absolute sale

  1. 1. DEED OF ABSOLUTE SALE<br /> <br />KNOW ALL MEN BY THESE PRESENTS:<br />This DEED OF ABSOLUTE SALE is made, executed and entered into by: <br />        JUANA DELA CRUZ CLINTON, Filipino citizen, of legal age, married to JOE ISAAC CLINTON and resident of  Pyrolavagen 2832 Lindigo, Sweden, hereinafter referred to as the SELLER <br /> <br />-AND- <br />        Spouses RICO SOLAMO and GINA SOLAMO, of legal ages, both Filipino and with residence and postal at 24-E Don Pedro Cui St., Cebu City, hereinafter referred to as the BUYER. <br /> <br />WITNESSETH;   <br /> <br />       WHEREAS, the SELLER is the registered owner of a parcel of land with improvements located at Cebu White Sands Subdivision, Maribago, Mactan, Cebu and covered by Transfer Certificate of Title No. T-65397 with a total area of Two Hundred Fifty (250) square meters   more or less and more particularly described as follows: <br /> <br />TRANSFER CERTIFICATE OF TITLE NO. 65397 <br />   A parcel of land with TCT No. 65393 (Lot 3967-G-6, of the subdivision plan, Psd-07-062951, being a portion of lot 3967-F, Psd-07-061347) situated in the Barangay of Maribago, city of Lapu-lapu, island of Mactan. Bounded on the SW., along line 1-2 by Lot 3967-F-4; on the NW., along line 2-3 by lot 3967-F-9 (Road 7.00 m wide), both of the subdivision plan; on the NE, along line 3-4 by Lot 3965 Opon Cadastre; along line 4-5 by Lot 3967-F-8 of the subdivision plan; on the SE., along line 3-6 by 3965 Opon Cadastre; along line 6-7, 7-1 by Lot 3967-F-7; Lot 3967-F-5 both of the subdivision plan. Beginning at the point marked “1” on plan being S. 12 deg. 07’W from BLLM No. 11, Opon Cadastre, thence N. 14 deg. 53’ W., 19.29 m to point 2; thence N. 74 deg. 13’E., 15.90 m to point 5; thence S. 32 deg. 33’W., 0.83 m to point of beginning; containing an area of TWO HUNDRED FIFTY (250) SQUARE METERS more or less, located inside Cebu White Sands Subdivision, city of Lapu-lapu, Cebu.  <br /> <br />       WHEREAS, the BUYER has offered to buy and the SELLER has agreed to sell the above mentioned property for the amount of One Million Three Hundred Thousand Pesos (Php 1,300,000.00) Philippine Currency; <br /> <br />       NOW THEREFORE,  for and in consideration  of the sum of One Million Three Hundred Thousand Pesos (Php 1,300,000.00) Philippine Currency, hand paid by the buyer to the seller, the SELLER DO HEREBY SELL, TRANSFER, and CONVEY by way of Absolute Sale unto the said BUYER, his heirs and assigns, the certain parcel of land together with all the improvements found thereon, free from all liens and encumbrances of whatever nature including real estate taxes as of the date of this sale.  JUANA DE LA CRUZ CLINTON                        <br />          Seller      <br />                                       <br />WITH MARITAL CONSENT:<br />              JOE ISAAC CLINTON                                          Spouse <br />SIGNED IN THE PRESENCE OF:<br /> <br />__________________________               ____________________________<br />  <br />Page 1<br /> <br /> <br /> <br />ACKNOWLEDGMENT<br />REPUBLIC OF THE PHILIPPINES)_____________________________ )  SS.<br />BEFORE ME, a Notary Public for and in the City of ___________________,  personally appeared:<br />                                                                                                                               <br />        Name                                    CTC Number                 Date Issued             Place Issued   <br /> Juana de la Cruz Clinton              _______________             _____________      ______________<br /> Joe Isaac Clinton                       _______________             _____________      ______________<br />  Rico Solamo                             _______________              _____________     ______________<br />    Gina Solamo                              _______________              _____________      _____________<br /> <br />Known to me and to me known to be the same persons who executed the foregoing instrument and acknowledged to me that the same are their free act and voluntary deed.<br /> <br />This instrument, consisting of 2  pages, including the page on which this acknowledgment is written, has been signed on the left margin of each and every page thereof by the concerned parties and their witnesses, and sealed with my notarial seal.<br />WITNESS  MY HAND AND SEAL on this ___day of __________________2010  at_______________.<br /> <br /> <br />Notary Public<br /> <br />Doc. No. ........;Page No. .......;Book No. .......;Series of 2010<br /> <br /> <br />Page 2<br />