DEED OF CONDITIONAL SALE

KNOW ALL MEN BY THESE PRESENTS:

This instrument, made and executed by and between -

_________________________, Filipino, of legal age, widower, resident of ABC
Street, Jaro Iloilo City, Philippines, hereinafter called
the VENDOR and _______________________________, Filipino, of legal age,
married, resident of Leganes Iloilo, hereinafter called the VENDEE;

WITNESSETH:

That the VENDOR is the owner of two (2) parcels of land which are described
as follows:

Parcel One:

A parcel of land ( Lot No. 1971, situated in Leganes Iloilo, containing an area of
347 square meters, more or less. Bounded on the N., by National Road; on the S., by
Lot 1970; on the E., by Lot 1972 and on the W., by Lot 1959, covered by ARP/TD No.
05-024-0417 in the name of Gina Josefa Rizal, assessed in the sum of P13,880.00, tax
effectivity for the year 2006.

Parcel Two:

A parcel of land ( Lot No. 1813, situated in Leganes Iloilo, containing an area of
2,536 square meters, more or less. Bounded on the North by Lot No. 1812; on the
South by Lot 1814; on the East by Lot 1811; and on the West by Lot No. 1816 ,
covered by ARP/TD No. 05-024-0883 in the name of _____________________,
assessed in the sum of P8,830.00, tax effectivity for the year 2006.

Of which parcels of land the VENDOR is the owner per that Deed of Absolute Sale
executed on August 6, 2010 before Notary Public ______________________, a notary
public for and in Quezon City, per Doc. No. 21; Page No. 6; Book No. I; Series of 2010;

That the VENDOR hereby sells to the VENDEE who agreed to buy the above-
described lands under the following terms and conditions, to wit:

1. That the total consideration of the sale is THREE HUNDRED THOUSAND PESOS
( P300,000.00);
2. That upon signing of this contract the VENDEE shall pay the VENDOR a down
payment of P 100,000.00; that the remaining balance shall be paid in full upon
transfer of title and tax declaration in the name of the VENDEE;
3. That the VENDOR reserves his right of ownership over the subject lands until
full payment of the consideration;
4. That all expenses relative to this sale shall be shouldered by the VENDOR;
 IN WITNESS WHEREOF, we have hereunto set our hands this
_______________ in Iloilo City, Philippines.
_______________________ _______________________
Vendor Vendee

Page 2

Signed in the presence of:

1.__________________________ 2. ______________________

REPUBLIC OF THE PHILIPPINES )

PROVINCE OF ILOILO )S.S.
MUNICIPALITY OF ILOILO CITY )

BEFORE ME, this _________________ in Iloilo City, Philippines, personally

appeared the following persons with their CTC/ID Nos. to prove their identity, to
wit:

Jose Rizal - Senior Citizen I.D No. 1111

Tandang Sora - Senior Citizen I.D No. 1222

All known to me to be the same persons who executed the foregoing instrument and
they acknowledged to me the same as their free act and deed.

Juan Dela Cruz

Doc. No. 11 ; Notary Public- Until December 31, 2012
Page No. 11 ; Notarial Commission No. 11 (2011-2012)
Book No. 111 ; ABC Street, Jaro Iloilo City
Series of 2011 . PTR No.1111111-PTO, Jaro Iloilo City-1/3/2011
Roll No. 11111 IBP OR No. 111111- 11/30/2010