CONTRACT TO SELL

KNOW ALL MEN BY THESE PRESENTS:

This Contract to Sell is made and executed and entered into by:

RONNIE VILLASPER, of legal age, Filipino, single/married with residence address at BLOCK 1, LOT 8,
KASAGANAAN ST. COUNTRYSIDE SUBD. CONCEPCION UNO MARIKINA CITY hereinafter referred
to as the SELLER;

-AND-

RANDIE HERNANDEZ, of legal age, Filipino, single/married, with residence address at #286 RIVERSIDE
SUBD. SAN JUAN BATANGAS and MA. NESTLE CEREZO likewise of legal age, Filipino,
single/marride with residence and postal address at Address of the Buyer in the Phiippines, hereinafter referred
to as the BUYER;

WITNESSETH;

WHEREAS, the SELLER is the registered owner of a parcel of land with improvements located
at UNIT F BLOCK 83 LOT 16 PATRICIA HOMES MAGAT SALAMAT ST. SSS VILLAGE MARIKINA
CITY and covered by Transfer Certificate of Title No. 260059 containing a total area of FORTY EIGHT
SQUARE METERS (48 sq.m) UP and down and NINETY SIX ( 96 sq. m ) floor area , more or less,
issued by the Registry of Deeds of Marikina City more particularly described as follows: TCT No. 260059

“A parcel of land (Lot 16-F-4 of the subd.plan Psd-007402-031103-D, being a portion of LOT 16-F,
Psd-007402-030579-D, LRC Rec.No.7672 etc. ), situated in Brgy. of Concepcion II, Mun.of Marikina,MM.,1
s.of Luzon.Bounded on the NW.along line 1-2 by Lot 16-F-3 of subd.plan; on the NE. along line 2-3 by Lot
16-I, Psd-007402-030579-6, Road 3.00 m.w. ), on the SE. along 3-4 by Lot 16-F-5 of subd..plan; and on the
SW.along line 4-1 by Lot 18,Blk.83,PCS-4259.Beginning at a point marked “1” on p1 being S.54 deg.21’
E.,1793.70 m.from BLBM 1,Bo.Bayanbayanan,Marikina,thence N.18 deg.42’E.,9.50 m.to point 2,S.71 deg.18’
E.,4.50 m.to point 3;S.18 deg.42’W.,9.50 m.to point 4;N.71 DEG.18’W.,4.50 m.to point of beginning; (over)”

WHEREAS, the BUYER has offered to buy and the SELLER has agreed to sell the above mentioned property
under the terms and conditions herein below set forth;

NOW THEREFORE, for and in consideration of the total sum of THE CONTRACT PRICE FOR THE
PROPERTY FOR SALE (P0,000,000.00) Philippine Currency, and of the covenants herein after set forth
the SELLER agrees to sell and the BUYER agree to buy the aforesaid property subject to the following terms
and conditions:

1. The total consideration shall be THE CONTRACT PRICE FOR THE PROPERTY FOR
SALE (P0,000,000.00) Philippine Currency, payable through CASH/MANAGERS’ CHECK/WIRE
TRANSFER as follows:

1.1. The amount of SIX HUNDRED EIGHTY THOUSAND PESOS (P 680,000.00) representing earnest
money deposit shall be payable upon execution of this Contract to Sell and shall be considered part of the total
Contract price.

1.2. The remaining balance amounting to THE REMAINING BALANCE (P0,000,000.00) PESOS Philippine
Currency, shall be payable within 15 years upon execution of this Contract to Sell.

1.3 The 1ST 8 years of the Contract to Sell should be paid in a monthly basis for the amount of FOUR
THOUSAND ONE HUNDRED THIRTY FIVE THOUSAND (P 4,135.00) PESOS Philippine Currency.

1.4 The 7 years remaining of the Contract to Sell will be paid for the amount of FOUR THOUSAND ONE
HUNDRED THIRTY FIVE THOUSAND (P 4,135.00) PESOS Philippine Currency plus NHMFC
additional charges.

1.5 In case the BUYERS could not fulfil any of their obligation stated in this Contract To Sell, the earnest
money shall be forfeited in favor of the SELLER.

2. All pending utility bills, if any, Real Estate Tax up to the time of sale, Capital Gains Tax, Documentary
Stamp Tax, shall be for the account of the BUYER.
3. Notarization fees, Registration Fee, Transfer Fees and all miscellaneous fees and expenses to transfer the
certificate of title in the name of the new owner shall be for the account of the SELLER;

4. Possession to the subject property shall be delivered by the SELLER to the BUYER upon full payment
of the total consideration;

5. ADDITIONAL TERMS AND CONDITIONS SUCH AS Delivery of the property shall be given by
the SELLER to the BUYER devoid of any religious artefacts, personal belongings and effects, tenants and
any toxic/radioactive substances. Etc.

6. TERMS AND CONDITIONS MAY VARY ON A CASE-TO-CASE BASIS. CONTRACTING PARTIE

MAY ADD, SUBTRACT, EDIT, ANY OR ALL PARTS OF THIS CONTRACT TO SELL AS THEY SEE
FIT

7. Upon full payment of the total price, the SELLER shall sign and execute a DEED OF ABSOLUTE
SALE in favour of the BUYER. The SELLER shall likewise execute and/or deliver any and all documents,
including but not limited to the original copy of Transfer Certificate of Title, Tax Declaration and all other
documents necessary for the transfer of ownership from SELLER to the BUYER.

8. In case the SELLER could not fulfil any of the obligations stated in this Contract to Sell, the BUYER shall
be entitled to a full refund plus 10% interest per month.

IN WITNESS WHEREOF, the parties have hereunto affixed their signatures, this

_____ day of _______________________ 20________ at ___________________________________,

Philippines.

RONNIE HILARIO VILLASPER RANDIE CORONEL. HERNANDEZ

SELLER BUYER
Non-Professional Driver’s License No: N04-91-176562 PRC No: 0474674

MA. NESTLE SISON CEREZO

BUYER
PRC No: 1008905

SIGNED IN THE PRESENCE OF:

ROBERTO MAQUILING _____________________________

 ACKNOWLEDGMENT

REPUBLIC OF THE PHILIPPINES)

_____________________________ ) SS.

BEFORE ME, a Notary Public for and in________________this day of ____________________ personally
appeared:

Name ID Number Date/Place Issued

RONNIE HILARIO VILLASPER Non-Pro.Driver’s License No: N04-91-176562

RANDIE CORONEL. HERNANDEZ PRC No: 0474674

MA. NESTLE SISON CEREZO PRC No: 1008905

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 (3) 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 ______day of ____________________20__________

at_____________________________.

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