DEED OF ABSOLUTE SALE OF REAL PROPERTY

KNOW ALL MEN BY THESE PRESENTS:

This Deed of Absolute Sale made and executed by and between JESILO AGACITA, of
legal age, married, Filipino and a resident of Guindawahan, Pio V. Corpus, Masbate,
hereinafter referred to as the Vendor and SERGIO MAHINAY, married to ERLINDA
CAADLAWON, resident of Guindawahan, Pio V. Corpus, Masbate hereinafter referred to as
the VENDEE

WITNESSETH:

That for and in consideration of the sum of FIFTEEN THOUSAND PESOS

(Php15,000.000) only, Philippine Currency, the receipt whereof is hereby acknowledge by
the Vendor from the Vendee to the entire satisfaction of the Vendor, said Vendor does by
these presents, SELL, TRANSFER and CONVEY in a manner absolute and irrevocable unto
the Vendee, his heirs and assigns that parcel of land together with all the existing
improvements thereon more particularly described and bounded as follows:

“A portion of land situated at Guindawahan, Pio V. Corpus, Masbate

containing
an area of 400 sq. meter more or less bounded on the North by Celerina
O.
Maristela, South Rodgelyn M. Sardia, East Jesilo Agacita and West
Brgy.Road,
declared in the name of Jesilo Agacita under Tax Dec. No. 002958 with an
assessed value of Php12,930.00 of 2009 revision for taxation purposes.”

of which portion of land the VENDOR is the true and lawful owner of the land having
acquired the same thru purchase and that it is free from liens and encumbrances of any
kind or nature and for purposes of the present sale the provisions of Art. 1623 of the New
Civil Code have been complied with and that said vendor herein testified that the above
described property is presently not tenanted nor a subject of a lease contract whatsoever.

The aforementioned real estate not having been registered under Act. 496 nor
under the Spanish Mortgage Law; parties hereto agree to register this instrument under
the provisions of Section 194 of the Revised Administrative Code as amended by Act No.
3344.

IN WITNESS WHEREOF, the parties have hereunto set their signature this ____ th day
of _______________, 2010 at _________________. Philippines.

WITH MY MARITAL CONSENT

JESILO AGACITA CARINA AMAROTO SERGIO MAHINAY

ERLINDA CAADLAWON
Vendor Wife/Vendor Vendee
Wife/Vendee

SIGNED IN THE PRESENCE OF:

1.______________________________________
2._____________________________________

ACKNOWLEDGMENT

Republic of the Philippines )

City of Masbate ) S.S.
Municipality of _____________ )

BEFORE ME, this ____th day of _____________, 2010 at _________________Masbate,

personally appeared Jesilo Agacita and Sergio Mahinay with Comm., Tax No.___________,
____________. Issued at Pio V. Corpus, Masbate. Issued on __________, ___________, known to
me to be the same person who executed the foregoing instrument and acknowledge to me
that the same are their free act and deed.
 IN WITNESS WHEREOF, I have hereunto set my hand and affixed my Official Seal on
the date and place first above written.

__________________________
_____
Notary Public
Doc. No._____; Page No. _______;
Book No._____; Series of ________