AGREEMENT LETTER

BUY AND SELL LAND

On this day, Wednesday, April Sixteen-year Two Thousand Fourteen, we the undersigned
below:

1. Name: Hasril
Place and date of birth: Palludda, August 25, 1994
Occupation: Government employees
Address: Salak Street, RT 15, Tanjung Selor Hilir Village, Tanjung Selor District,
Bulungan Regency

In this case acting on behalf of self, hereafter called the FIRST PARTY (the seller)

2. Name: Hasruddin
Place and date of birth: Tanjung counselor, January 17, 1990
Occupation: Government employees
Address: Katamso Street, RT 22, Tanjung Selor Hilir Village, Tanjung Selor district,
Bulungan Regency

In this case acting on behalf of self, hereafter called the SECOND PARTY (the buyer)

Buyers and sellers explained earlier that under the land certificate No. 123, the first party
control of a land plot of 500 m2 located in Sabanar Lama Street No. 14 Tanjung Selor.

Land referred to the location is the image of the situation sufficiently stamped its boundaries
have been determined and signed by both parties and attached to this agreement.

Both sides agreed to bind themselves in a land purchase agreement with the terms and
conditions as follows:

The first party intends to sell the land to the second party and intends to buy from the first
party.

ARTICLE 1
 PRICE

Buyers and sellers agree that the price of land is set at Rp 2,500,000 (Two Million Five
Hundred Thousand) per square meter, or Rp 1,250,000,000 (One Billion Two Hundred and
Fifty Million) to 500 square meters.

ARTICLE 2

CERTIFICATE FEE AND BEHIND THE NAME

Buyer and Seller agree that the price of land as mentioned in Article 1 above does not include
the cost of buying and selling certificates under the name of the certificate on behalf of the
buyer. These costs are entirely borne by the buyer.

ARTICLE 3

PAYMENT METHOD

Paying the price of land by the Buyer to the Seller as referred to in Article 1 of this agreement
is done gradually.

Total payments each stage are set as follows:

a. Payment of the first phase of Rp 750,000,000 (Seven Hundred Fifty Million) at the
time this agreement was signed and this agreement as a sign of acceptance.
b. Second phase payment of Rp 300,000,000 (Three Hundred Million) will be paid on
May 9, 2014 which is payable by the way is transferred via the seller's account
number at Bank ABC No. account: 8698356420
c. Payment of the third tranche amounting to Rp 200,000,000 (Two Hundred Million) on
July 9, 2014 which is payable in a straightforward manner.

ARTICLE 4

DELIVERY OF LAND
 1. The seller guarantees that the land referred to in this agreement will be submitted to
the buyer in an empty state, at the latest on July 9, 2014.
2. If the seller does not hand over the land to the buyer at the time specified in
accordance with this agreement, then the seller has been considered negligence, so
that a letter of warning to the bailiff or other similar letters were no longer required,
then the seller fined each day of 1% (one percent) per day on the amount of money
that has been received by it from the buyer as from the money received by the seller.
3. If until the date specified in this agreement agreed in the land purchase is not left
empty, then over time the seller is entitled to take measures to vacate the land at the
expense of the seller.

With the receipt of money by the seller from the buyer in accordance with land prices agreed
in the purchase, then the seller is no longer eligible and are prohibited to sell the land to the
other party and all acts of alienation of the land made by the seller is not valid and void
according to the law.

ARTICLE 5

LEGAL STATUS OF LAND OWNERSHIP

1. The seller guarantees that the land referred to in this agreement is really his own and
only Sellers who have every right to sell them
2. The seller states that the land referred to in this agreement is not caught on something
matter or dispute, not being into an object encumbrances, either in the form of sales of
seized and confiscated secure and not being burdened with a guarantee owed
3. The seller guarantees that since the agreement was made and in the future buyers will
not get a demand on the part of anyone who claimed to have the right to participate in
advance or have the right to the land.

ARTICLE 6

PROOF OF OWNERSHIP

1. The seller guarantees the buyer that the land sale and purchase agreement on this has
had property certificate in accordance with the land law in force in Indonesia.
 2. If at a later proven certificate of title for the land is not in accordance with the
provisions of land law in Indonesia so the agreement is void.

ARTICLE 7

CANCELLATION OF AGREEMENT

1. Seller and Buyer agree that the agreement can be canceled if the provisions of article
6 paragraph of this agreement are not met by the Seller.
2. Cancellation of the agreement referred to in article 6, paragraph 2 is quite otherwise
with a registered letter delivered to the buyer in this case both parties waive any
provisions contained in article 1266 and 1267 of the Civil Law Act in force in
Indonesia.
3. If this agreement is void because under the terms as described above, then the seller
must refund the amount of money that has been received by it from the buyer within 1
(one) month from the date of cancellation of the agreement by the buyer.
4. If this agreement is void for any reason, so that the seller must refund the amount of
money that has been received to the buyer, then the amount of money with this
recognized by the seller as a debt to the buyer.
5. The seller is also charged interest on all the money he had received Rp 1% (one
percent) per day from the day of receipt until the day he paid back the amount of
money.

ARTICLE 8

TRANSFER OF NAME

If the reversal process the name on the certificate of the name of the Seller to the name of
buyer has not completed when the buyer has paid the price of land is agreed in the purchase
agreement is the buyer for and on behalf of the seller to run all the rights to the name, which
already exist in and / or can be executed by the seller as the master of the land, no exclusion,
but all of it at the expense and risk of the parties exercise their rights, by freeing the seller
from any claims from other parties regarding those actions.

ARTICLE 9
 POWER OF ATTORNEY

Seller and Buyer agree that all of the power of attorney related to the purchase agreement is
an integral part of this agreement and will not be canceled or can be canceled for any reason.

ARTICLE 10

DISPUTE RESOLUTION

1. In case of divergence of interpretation of the contents of this agreement between the

seller and the buyer and / or is not or has not been regulated in this agreement, both
parties agreed to be settled by deliberation.
2. If that no agreement is reached as contemplated in paragraph (1) Seller and Buyer
agree to resolve it legally through the District Court of Tanjung Selor.

ARTICLE 11

LEGAL RESIDENT

Buyers and sellers in connection with this agreement choose a legitimate legal residence and
has not changed in the Office of the District Court of Tanjung Selor

ARTICLE 12

COVER

This Agreement is made freely and without coercion from anyone in good health physically
and mentally in duplicate 2 (two) with stamped and have the same legal force.

Tanjung Selor, April 16, 2016

First Party Second Party

 (Hasruddin) (Hasril)

The Witnesses:

1. Satriadi: ................................

2. Nor Supriana: ................................

3. Arsid: ................................

4. Fransiska Ayal: ................................

Taken from: http://hasril08.blogspot.com/2015/01/contoh-surat-perjanjian-jual-beli-

tanah.html?m=0#