DEED OF SALE with ASSUMPTION OF MORTGAGE

KNOW ALL MEN BY THESE PRESENTS:

This DEED OF SALE with ASSUMPTION OF MORTGAGE is made, executed

and entered into by:

MARIBETH R. LAURENTE, Filipino, of legal age, married to SILVERIO G.

LAURENTE JR. and with residence at 832-D Cedar Court, Dao Dist rict,
Tagbilaran City, hereinafter referred to as the SELLERS;

and

SPOUSES JORIEL JOHN ACOPICOP and JEAN E. ACOPICOP,

Filipino, of legal age, married and with residence at 984 Camia Villanueva St.,
Gatchalian Subdivision, Manuyo Dos., Las Piñas and hereinafter referred to as
the BUYERS;

WITNESSETH;

WHEREAS, the SELLERS are the owners of a house and lot property
developed by Camella Homes and Communities more specifically described as
follows:
Subdivision : Camella Buscandala Expansion
Block : 10
Lot : 1
House Model : Marga-SF
Floor Area : 46 sq. meters
Lot Area : 53 sq. meters

WHEREAS, the BUYERS have offered to buy and the SELLERS have
agreed to sell the above-mentioned property for the amount of SIX HUNDRED
THOUSAND PESOS (P 600,000.00) Philippine Currency;

WHEREAS, the said property is mortgage by the SELLERS in favor of

UnionBank of the Philippines;

WHEREAS, the BUYERS have agreed to assume, as they hereby assume,

all the duties and obligations of the SELLERS imposed by the UnionBank of the
Philippines, as if the present BUYERS were the MORTGAGORS thereof;

WHEREFORE, for and in consideration of the sum of SIX HUNDRED

THOUSAND PESOS (P 600,000.00) Philippine Currency, the SELLERS DO
HEREBY SELL, TRANSFER, and CONVEY by way of Absolute Sale unto the
said BUYERS, their heirs and assigns, the house and lot and the improvements
found thereon, payable in the manner and form set forth herein below:

a. The sum of TWO HUNDRED THOUSAND PESOS shall be payable in two

installments: The first ONE HUNDRED THOUSAND PESOS shall be paid
not later than August 15, 2019 and the other ONE HUNDRED
THOUSAND PESOS shall be paid not later than December 1, 2019;

b. The remaining balance of FOUR HUNDRED THOUSAND PESOS

(P400,000.00) shall be paid annually in four equal installments, which shall
be ONE HUNDRED THOUSAND every year, commencing on December
2020 until December 2023;

c. The BUYERS shall issue a postdated check to the SELLERS to secure their
payments;

FURTHERMORE, the VENDEES also bind themselves to assume as they

hereby assume the payment of the unpaid balance of the mortgage indebtedness
of the VENDOR to UnionBank of the Philippines, payable in the manner and
form set forth herein below:

a. The VENDEES shall commence to pay the monthly amortizations of

the property for the month of May 2019 and subsequently the periods
thereafter until the end of the year 2029;
b.

SIGNED IN THE PRESENCE OF:

__________________________ ____________________________

ACKNOWLEDGMENT

REPUBLIC OF THE PHILIPPINES)

City of Bacoor ) SS.
BEFORE ME, a Notary Public for and in the City of Bacoor personally appeared:

Name Proof of Identity Date/Place Issued

Jayson Enriquez Mara SSS ID No. 33-5488933-0

Sheila Delos Santos Mara SSS ID No. 33-296841-8
Jocelyn Sampag Parde UMID No. CRN-0111-2579896
Romulo Daniel Parde Jr., _____________________

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.

This instrument, consisting of two (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.

WITNESS MY HAND AND SEAL on this 12 th day of September 2015 at

City of Bacoor.
Notary Public

Doc. No. ........;

Page No. .......;
Book No. .......;
Series of 2015.