DEED OF SALE OF MOTOR VEHICLE

KNOW ALL MEN BY THESE PRESENTS:

That _____________________, a corporation duly organized under the laws

of the Republic of the Philippines with principal office address at
___________________________ (“Seller”) is the lawful owner of a certain motor
vehicle which is more particularly described as follows:

MAKE : ENGINE NO. :

SERIES : SERIAL/CHASSIS NO. :
TYPE OF BODY : PLATE NO. :
YEAR MODEL : FILE NO. :
C.R. NO. :

and including the following:

That for and in consideration of the sum of

_____________________________________PESOS, Philippine Currency, tendered as
follows and receipt of which is acknowledged:

 check dated _____________ in the amount of _________________

 postdated check dated ______________ in the amount of _______________

the Seller hereby sells, transfers, and conveys by way of Sale unto
___________________ (the “Buyer”) a corporation duly existing and organized
under the laws of the Republic of the Philippines with principal office address
at _______________________, the above described motor vehicle, free from all
liens and encumbrances.

That this sale is made on an “as is where is” basis and the Buyer
acknowledges that it was allowed by the Seller to test drive the vehicle, check
the vehicle, and have a mechanic examine the vehicle. The BUYER further
acknowledges that upon inspection and having test-driven the vehicle, the
same was found to be in good running condition and free of all defects. The
Buyer also hereby acknowledges and agrees to assume the obligations with
respect to any fees, duties, taxes, and other expenses due to the government or
any of its agencies, and instrumentalities including registration fees due after
execution of this document.

That the Buyer shall henceforth after the execution of this Document be
responsible for the operation of the Motor Vehicle, and the Buyer shall likewise
undertake to transfer the Motor Vehicle’s Certificate of Registration from the
name of the Seller to the name of the Buyer. The Buyer shall hold the Seller
harmless from the consequences arising from any future accident or incident
involving the above vehicle after the execution of this contract, and the Buyer
shall fully assume the responsibility for such consequences.

That the sale is final and non-retractable.

IN WITNESS WHEREOF, we have hereunto affixed our hands this ___th

day of 2018 at __________ City.

Vendee/Buyer Vendor/Seller
 ACKNOWLEDGEMENT

Republic of the Philippines )

Cebu City ) S.S

BEFORE ME, personally appeared:

Name TIN/Passport/SSS Number

Date

____________________________ ____________________________________
______________________________
____________________________ ____________________________________
______________________________
____________________________ ____________________________________
______________________________
____________________________ ____________________________________
______________________________

Known to me and to me known to be the same person(s) who executed the

foregoing instrument on behalf of the corporation he/she/they represent(s) and
acknowledged to me that the same is his/her/their free and voluntary act and
deed and of the corporations he/she/they represent.

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

Notary Public

Doc. No.______;
Page No. ______;
Book No.______;
Series of 2018.