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DEED OF ASSIGNMENT AND TRANSFER OF RIGHTS

KNOW ALL MEN BY THIS PRESENTS:

This deed, made and entered into this City, by and between:

day of

, 2010, Marikina

Filipino Citizen, of legal age, married to

with

, hereinafter referred to as the

, residence and postal address at "ASSIGNOR"

,

-and-

,

married

to

;

and

,

married to

,

both Filipinos, of legal age, both with residence and postal

address at

, hereinafter referred to as the "ASSIGNEES".

WITNESSETH that -

WHEREAS the ASSIGNOR is the buyer of a certain parcel of land including all

covered by Transfer City Branch;

, issued by the HDMF Pag-

existing building/improvements thereon located in

Certificate of Title

of the register of Deeds of

and is the payee of a cheque numbered

IBIG pursuant to the Housing Loan applied for by the Assignor;

WHEREAS, the ASSIGNOR has offered to to assign all his rights, title and interest over the check to be issued by the HDMF Pag-IBIG as payment for the above- mentioned property and the ASSIGNEES hereby accept the assignment in accordance with the terms herein set forth;

NOW, THEREFORE, as consideration for the property covered by Transfer

Certificate of Title

have been transferred to his name from the ASSIGNEES, the ASSIGNOR hereby assigns, transfers and conveys unto the ASSIGNEES, all his rights, title and interest to the cheque to be issued by HDMF Pag-IBIG by virtue of the Housing Loan applied for, pursuant to this Agreement and the ASSIGNEES by these presents hereby accept the assignment and agree to be bound by the terms and conditions of the Absolute Deed of Sale entered into by all the parties concerned on

, which the ASSIGNOR hereby acknowledged to

IN WITNESS WHEREOF, the parties have hereunto set their hands on the date and place first above written.

ASSIGNOR

ASSIGNEES

Signed in the presence of:

ACKNOWLEDGEMENT

Republic of the Philippines

) S.S

)

BEFORE ME, a notary for and in the City of Marikina, personally appeared:

Name

1.

2.

3.

CTC Number

Date/Place Issued

known to me and to me known to be the same persons who executed the foregoing Deed of Assignment and transfer of Rights and acknowledged to me that the same is their free and voluntary act and deed.

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

Doc. No ; Page Book No ; Series of 2010.

;

Notary Public