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REPUBLIC OF THE PHILIPPINES

)
CITY OF CEBU
) S. S.
OPTION TO PURCHASE REAL PROPERTY
KNOW ALL MEN BY THESE PRESENTS:
This AGREEMENT OF OPTION entered into at the City of Cebu, Philippines, on this
3rd day of February 2015, by and between ROWENA MERCADO of 163 4th St., Espina
Village, Cebu City, and YNNA SUAREZ, of 185 Brgy. Luna, Ormoc City, Leyte, both of
Philippine citizenship,
WITNESSETH:
That for and in consideration of the sum of TWO HUNDRED THOUSAND
PESOS (P200,000.00), Philippine currency, in hand paid by ROWENA MERCADO unto
YNNA SUAREZ, receipt whereof is hereby acknowledged, the said offeror, YNNA
SUAREZ, does hereby grant unto the said offeree, ROWENA MERCADO, the absolute
and unlimited option, right, and privilege to purchase at any time within the period of
SIXTY (60) days from the date hereof, the following described property, to wit:
A PARCEL OF LAND (Lot 32 of the consolidation-subdivision plan (LRC) Pcs5141, being a portion of the consolidation of Lots 1 and 2, Psu-112287 Amd.,
LRC (GLRO) Rec. No. N-17511), situated in the Dist. Of Concepcion, City of Sta.
Rosa, Laguna, Island of Luzon. Bounded on the NE., points 3 to 6, by Lot 85; on
the S., points 6 to 1 by Lot 30; on the SW., points 1 to 2, by Lot 31; and on the
N., points 2 to 3 by Lot 35, all of the consolidation-subdivision plan. Beginning
at a pont marked "1" on plan, being N. 51 deg. 36' E., 1321.76 m. from B.L.L.M.
No.1, Sta. Rosa, Laguna xxxxxxxx (a copy of which title is hereto attached as
Annex "A")

And it is understood that the failure of the said ROWENA MERCADO to exercise
her option within the above-mentioned period shall ipso facto cancel her right to purchase,
as well as to the amount paid, and thereupon this Option shall lapse, cease, and shall be
of no further force and effect.
IN WITNESS WHEREOF, the parties hereto have set their hands at Cebu City,
Philippines, this 3rd day of February 2015.

R.J. Mercado
ROWENA MERCADO

Ynna Suare
YNNA SUAREZ

SIGNED IN THE PRESENCE OF:

J. Mendoza
JULIA MENDOZA
Witness

P. Santos
PEDRO SANTOS
Witness

ACKNOWLEDGMENT
REPUBLIC OF THE PHILIPPINES
)
CITY OF CEBU
) S. S.
BEFORE ME, this 3rd day of February 2015, in the City of Cebu, personally
appeared:
Name
ROWENA MERCADO
/ Feb. 3, 2013
YNNA SUAREZ
/ Nov. 5, 2013

Competent Evidence of Identity


and Date of Issue
Passport No. EB659888
Passport No. EB985222

Place
DFA Cebu
DFA Cebu

known to me to be the same persons who executed the foregoing instrument,


and acknowledged that the same are their free act and 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 ROWENA MERCADO and YNNA SUAREZ and their witnesses, and sealed with
my notarial seal.
IN WITNESS WHEREOF, I have hereunto set my hand on the date and place
above written.

Doc. No. 11;


Page No. 3;
Book No. I;
Series of 2015.