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This Deed of Conditional Sale is made and entered into by and between:
- and -
WITNESSETH:
WHEREAS, the VENDOR is the true and lawful owner of certain real
property located in Brgy. Pagudpud, San Fernando City, La Union, more
particularly described as follows:
LAND
Original Certificate of Title No.: 025-2016000521
Residential Free Patent No.: 01331415-1495
Cadastral Survey No.: Cad. 539-D
Lot No.: Psu-01-010053
Area: Seventy (70) square meters
Lot Owner: Cristina Ordinado
Location: Brgy. Pagudpud, San Fernando City, La Union
Boundaries:
North: Barangay Road South: lot 26870, Cad. 539-D
East: Barangay Road West: Barangay Road
WHEREAS, the VENDOR desires to sell and the VENDEE agrees to buy the
aforementioned real property;
-WITNESSETH FURTHER-
3. Third and full payment in the amount of ONE HUNDRED AND FIFTY
THOUSAND PESOS (PhP150,000.00) shall be paid not later than March
31, 2020.
All expenses which are necessary for the transfer of the land shall be
borne by the vendee;
Failure on the part of the vendee to pay the amount indicated on the
agreed dates shall result in the rescission of this contract and subsequent return
of whatever amount that may have been paid to the vendor minus the
necessary expenses incurred;
For any fortuitous event wherein the vendee may become incapacitated
to pay the remaining amount, the legal heirs of herein vendee shall be vested
with the right to collect from the vendor whatever amount paid minus the
necessary expenses incurred in this contract;
After full payment of the agreed total amount of selling price, herein
vendor is obligated to the surrender of the original title.
_________________________________ ______________________________
CRISTINA CANDELARIO ORDINADO NANCY MAY SUMALNAP RAFAEL
Vendor Vendee
PNP NUP ID No. 19A210256 PNP ID No.: 19D050001
That they are the same persons who executed and voluntary signed the
foregoing Deed of Conditional Sale, which they acknowledged before me as
their own free and voluntary act and deed.