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NOW, THEREFORE, for and in consideration of the foregoing premises and the mutual
covenants of the parties, the parties hereby agree as follows:
On the date of the execution of this deed of conditional sale, the Vendee shall pay to the
Vendor two hundred fifty thousand pesos (P 250, 000), Philippine currency, with the balance of
three hundred fifty thousand pesos (P350,000.00) to be paid on or before December of 2016 on
a monthly basis, with an amount of more or less fourteen thousand five hundred eighty fives
pesos (P 14, 585.00).
Should the Vendee fail to pay the unpaid balance, as stipulated, and the Vendors is forced to
litigate to recover the unpaid balance, the Vendee agrees to pay attorneys fees and expenses of
litigation.
On the other hand, if the Vendee pays the unpaid balance with interests thereon on or before
December, 2016, the Vendor agrees to execute an extra-judicial settlement of estate with an
absolute deed of sale of the parcel of land, above-described, in favor of the Vendee, his heirs,
successors or assign, and to deliver to him the owners duplicate copy of Tax Declaration, and all
expenses that may be incurred in registering said absolute deed of sale shall be for the account of
the Vendee.
IN WITNESS WHEROF, we have unto signed this deed of conditional sale this ____day of
________________, 2014 at ___________________, Philippines.
VENDOR (S)
HERDILIZA PABILONA
CTC No. 13913661
September 16, 2014
San Miguel, Iloilo
ASUNCION SAMPELO
CTC No. 10112839
October 30, 2014
Badiangan, Iloilo
ROGELIO SAMPANI
CTC No. 13721765
February 3, 2014
San Miguel, Iloilo
MIGUEL SALEM
FELISA CORDERO
ERNESTO SALEM
CTC No. 13913145
August 8, 2014
San Miguel, Iloilo
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VENDEE
ROBERTO SALARDA
CTC No. 137204444
January 13, 2014
San Miguel Iloilo
VOTERs ID
No. 3041-0047A-K2349RSS10000-2
Brgy. Igtambo, San Miguel, Iloilo
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