CONTRACT OF SALE

OF REAL PROPERTY

KNOW ALL MEN BY THESE PRESENTS:

I, Destina Olan Solivio (Vendor) of legal age, Filipino, married to

EDGARDO G. SOLIVIO, with residence and postal address at Ybardolaza
Street, Barangay Bula, General Santos City, Philippines, for and in
consideration of the sum of SIX HUNDRED FIFTY THOUSAND PESOS
(Php 650,000.00), Philippine Currency, in hand paid full by Jordy Jerico
Magallanes (Vendee) of legal age, Filipino, single, with residence and
postal address at 30 P. Paterno Street, Parang, Marikina City do hereby
SELL, TRANSFER and CONVEY by way of absolute sale to the herein
VENDEE, her heirs, successors and assigns, a parcel of land together with
the improvements thereon found and more particularly described as follows,
to wit:

A parcel of agricultural land located at Barangay Naci,

Surallah, South Cotabato, with an area of two thousand five
hundred forty three (2,543) square meters, more or less, covered
by Original Certificate of Title No. 7423 issued by Register of
Deeds of the Province of South Cotabato, declared for taxation
purposes in the name of Adeline Clara Bryant Felongco under
Tax Declaration ARP No. 95-12521-00111, designated as
Cadastral Lot No. 1731-CAD-422-D, Assessor’s Lot No. 088,
Sec. 64, with Market Value of Php 23,485 and Assessor’s Lot No.
3648 with market value of Php13,732.00 bounded as follows:
North by Lot No. 053 – Salvacion Sylvestre; East by Lot No. 062,
National Highway; South by Lot No. 056, Gerarado Pascual, Lot
No. 058, National Road; and West by Lot No. 049,Policarpio
Damo.

That I am the absolute owner of the above described real property

having bought the same from the previous owners and attached is the
absolute sale;

That I do hereby warrant to maintain the good and peaceful

possession ownership in favor of the herein VENDEE, her heirs, successors
and assigns and shall defend the same from any claim of any third persons.

It is hereby mutually agreed that the VENDEE shall bear all the
expenses for the execution and registration of this deed of sale.

IN WITNESS WHEREOF, the parties have hereunto affixed their

signature this 5th day of May, 2018 at General Santos City, Philippines.

1
Destina Olan Solivio Jordy Jerico Magallanes
Vendor Vendee
Driver’s License I.D. No. L-048347 Voter’s ID No.: 834823

CONFORME/with Marital Consent:

EDGARDO G. SOLIVIO
Husband

Signed in the presence of:

______________________ ________________________

ACKNOWLEDGEMENT
Republic of the Philippines )
General Santos City ) S.S

BEFORE ME, a notary public for and in the above-stated locality this
th
8 day of May, 2018 at General Santos City, Philippines, personally
appeared the parties to the foregoing instrument with their Valid
Identification Cards as appearing below their respective names, all known to
me and to me known to be the same persons who executed the foregoing
extrajudicial deed of settlement among heirs with absolute sale and they
acknowledged to me that the same is their free act and deed.

This instrument consisting of two (2) pages, including this whereon

the acknowledgment is written, has been signed by the left margin of each
and every page thereof by the parties and their witnesses, sealed with my
notarial seal, and relates to the sale of a parcel of land particularly described
therein.

WITNESS MY HAND AND SEAL, on the date, year and

place above written.