Deed of Sale With Assumption of Mortgage
December 10, 2016 | Author: Celestino Law | Category: N/A
Short Description
Deed of Sale Sample...
Description
DEED OF SALE with ASSUMPTION OF MORTGAGE KNOW ALL MEN BY THESE PRESENTS: This DEED OF ABSOLUTE SALE is made, executed and entered into by: SPS. JASYSON ENRIQUEZ MARA and SHEILA DELOS SANTOS MARA, both of legal age, Filipinos, and with residence and postal address at Block 6, Lot 37 Greenplace Homes 1, Malagasang 2, Imus, Cavite, hereinafter referred to as the SELLERS -ANDSPS. JOCELYN SAMPAG PARDE and ROMULO DANIEL PARDE JR., both of legal age, Filipinos and with residence and postal address at 33-C Acacia St., Cembo, Makati City , hereinafter referred to as the BUYERS. WITNESSETH; WHEREAS, the SELLERS are the registered owners of a parcel of land with improvements located at Block 6, Lot 37 Greenplace Homes 1, Malagasang 2, Imus, Cavite and covered by Transfer Certificate of Title No. T-1255619 containing a total area of THIRTY SIX (36) SQUARE METERS, more or less, and more particularly described as follows: TRANSFER CERTIFICATE OF TITLE NO. 1255619 ” A PARCEL OF LAND (Lot 37, Block 6 of the cons. and subd. Plan Pcs 04-024772, being a portion of the cons.of Block 12, Psd-04-199624 & Lot 1873, Imus Estate, L. R. C Rec. No. 8843) situated in Barrio of Malagasang-2, Mun. of Imus, Province of Cavite, Island of Luzon. Bounded on the NW., along line 1-2 by Lot 38, Blk. 6; on the NE., along line 2-3 by Lot 35, Lot 6; on the SE., along line 3-4 by Road Lot 25 and on the SW., along line 4-1 by Lot 39, Blk. 6 all of the cons. and subd. plan. Beginning at a pt. marked “1” on plan, being N xxxxxxx containing an area of THIRTY SIX SQUARE METER (36) , more or less xxxxxx”
WHEREAS, the BUYERS have offered to buy and the SELLERS have agreed to sell the above mentioned property for the amount of TWO HUNDRED EIGHTY THOUSAND PESOS (P 280,000.00) Philippine Currency; WHEREAS, the BUYERS may assume Home Development Mutual Fund (HDMF) balance starting on __________________________ including occurrence of charges until fully paid, except on the event that the SELLERS death may agree to pay half of the unamortized balance to his beneficiary. THAT the said property is mortgage by the SELLERS in favor of Home Development Mutual Fund (Pag-IBIG Fund) as evidenced by the DEED OF MORTGAGE executed on __________________________ by the said SELLERS and acknowledged before a Notary Public of _______________________, and enter his notarial register as Doc. No ___; Page ____; Book No. ______; Series of ______, a copy of mortgage deed is hereto attached as ANNEX “A”, and made an integral part thereof. WHEREAS, the BUYERS have agreed to assume, as they hereby assume, all the duties and obligations of the SELLERS imposed upon the latter
in the afore-mentioned DEED OF MORTGAGE, as if the present BUYERS were the MORTGAGORS in the said DEED OF MORTGAGE. NOW THEREFORE, for and in consideration of the sum of TWO HUNDRED EIGHTY THOUSAND (P 280,000.00) Philippine Currency, hand paid by the vendees to the vendors, the SELLERS DO HEREBY SELL, TRANSFER, and CONVEY by way of Absolute Sale unto the said BUYERS, his heirs and assigns, the certain parcel of land together with all the improvements found thereon, free from all liens and encumbrances of whatever nature including real estate taxes as of the date of this sale. __________________________________ JAYSON ENRIQUEZ MARA MARA Seller
__________________________________ SHEILA DELOS SANTOS
__________________________________ JAYSON ENRIQUEZ MARA MARA Buyer
__________________________________ SHEILA DELOS SANTOS
Seller
Buyer
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 Jayson Enriquez Mara Sheila Delos Santos Mara Jocelyn Sampag Parde Romulo Daniel Parde Jr.,
Proof of Identity
Date/Place Issued
SSS ID No. 33-5488933-0 SSS ID No. 33-296841-8 UMID No. CRN-0111-2579896 _____________________
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.
View more...
Comments