REPUBLIC OF THE PHILIPPINES )

PROVINCE OF ___________ )
CITY/MUNICIPALITY OF _____ ) S.S.

CONTRACT TO SELL
KNOW ALL MEN BY THESE PRESENTS:

This CONTRACT TO SELL is entered into on this _____ day of

_______________, 2018, at _________________, by and between

MARIO BUTANI, married, Filipino, of legal age, with postal address at

123 Maple Syrup St., Kapihan Village, Quezon City and hereinafter called the
SELLER;

- and –

MARTHA TUWAD, married, Filipino, of legal age and residing at 890

Pudding Road, Mango Homes, Quezon City and hereinafter called the BUYER.

WITNESSETH THAT:

In consideration of the mutual promises and obligations made by the parties

herein, the SELLER and the BUYERS agreed with each other as follows:

SECTION ONE

PROPERTY SOLD

The SELLER agrees to sell and convey to the BUYER and the BUYER agrees to
buy a parcel of land consisting of 500 sq.m. located at Doughnut Circle, Sweet Corn
Subdivision, Caloocan City, covered by OCT/TCT No. 123456 issued by the Register of
Deeds of Caloocan, declared for Taxation purpose under Tax Declaration No. 90-785645.

SECTION TWO

PRICE AND TERMS OF PAYMENT

A. THE PURCHASE PRICE

The purchase price of the property is PESOS: TWO MILLION only

(P2,000,000.00), Philippine currency.

B. TERMS AND MANNER OF PAYMENT

The purchase price shall be paid by the BUYER to the SELLER in the following
Manner:

a. Down payment in the sum of PESOS: ONE MILLION only

(P1,000,000.00) is paid by the BUYER to the SELLER upon
execution of this instrument, payment of which is hereby
acknowledged to have been received by the SELLER to his full
satisfaction;
 b. The balance of the purchase price in the amount of PESOS ONE
MILLION only (P1,000,000.00), shall be paid in two (2) installments
as follows:

P500,000.00 on or before October 10, 2017; and

P500,000.00 on or before December 10, 2017

c. Should the BUYER pay the balance on the stipulated date hereof, the
SELLER shall forthwith execute in favor of the BUYER, her heirs,
successors and assigns a deed of absolute sale over the afore-
described property. All expenses including taxes necessary for the
transfer of the title to the BUYER shall be for the exclusive account of
the latter.

IN WITNESS WHEREOF, the parties have hereunto affixed their signatures,

this ______ day of _____________________, 2018 at _________________________,
Philippines.

MARIO BUTANI MARTHA TUWAD

SELLER BUYER

SIGNED IN THE PRESENCE OF:

__________________________ ____________________________

ACKNOWLEDGMENT

REPUBLIC OF THE PHILIPPINES)

_____________________________ ) SS.

BEFORE ME, a Notary Public, this ____________day of _____________________,

personally appeared the following:

Name ID Date/Place Issued

MARIO BUTANI
MARTHA TUWAD

This instrument, consisting of 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.

IN WITNESS WHEREOF, I have hereunto set my hand the day, year and place
above written.

Notary Public

Doc. No. ..............;

Page No. ............;
Book No. ...........;
Series of 2017.