DEED OF ABSOLUTE SALE OF A MOTOR VEHICLE

KNOW ALL MEN BY THESE PRESENTS:

This Deed, made and executed in the place and date mentioned
herein below by and between:

REY RUSSEL HILARIO BELARGA, of legal age, married, Filipino, and

a resident of Block 49 Lot 11, Oroville Street, Granville Subdivision,
Catalunan Pequeño, Davao City, Philippines, hereinafter referred to as the
“VENDOR”;

-in favor of-

JUNDALE PAGLINAWAN OTERO, of legal age, married, Filipino, and

a resident of Block 4 Lot 6, Victors Valley Subdivision, Tigatto, Davao City,
Philippines, hereinafter referred to as the “VENDEE”;

-W I T N E S S E T H-

WHEREAS, the VENDOR is the absolute owner of the following motor

vehicle particularly described as follows:

Make & Type : Toyota Vios Sedan

Engine Number : 2NZ7128732
Chassis No. : NCP1512020191
Plate Number : AAO5305
Model : 2014
Cert. of Reg. No. : 198643955
MV File No. : 1301-00000148156

WHEREAS, the VENDOR desires to sell, transfer, cede and convey all
his rights, title and interest in the motor vehicle above-described and the
VENDEE has agreed to said sale, transfer and conveyance under the terms
and conditions set forth below:

NOW, THEREFORE, for and in consideration of the sum of ONE

HUNDRED THOUSAND PESOS (Php 100,000.00), Philippine Currency,
receipt whereof is hereby acknowledged from the VENDEE to the entire
satisfaction of the VENDOR, said VENDOR do hereby absolutely sell, cede,
transfer and convey, in a manner absolute and irrevocable, in favor of the
VENDEE, his assigns and successors-in-interest the property above-
described.

That the VENDOR hereby warrants that the said motor vehicle is free
from any liens and encumbrances and will defend the title and the rights of
the VENDEE from any claims of whatever kind or nature from third person.
 That, as part of the consideration of this sale, the VENDEE hereby
agrees to assume all the duties and obligations to transfer and register the
above-mentioned motor vehicle in his own name.

IN WITNESS WHEREOF, the parties have hereunto set their hands

this _____ day of _______________ at Davao City, Philippines.

By: By:

REY RUSSEL H. BELARGA JUNDALE P. OTERO

(VENDOR) (VENDEE)

SIGNED IN THE PRESENCE OF:

________________________ ___________________________

ACKNOWLEDGMENT

REPUBLIC OF THE PHILIPPINES)

CITY OF DAVAO) ss.

BEFORE ME this _________________ at Davao City, Philippines,

personally appeared the following persons, who are identified by me through
competent evidence of identity:

Name Competent Evidence of Identity

REY RUSSEL H. BELARGA PDL ID No. M06-01-023694

JUNDALE P. OTERO PRC ID No. 0026113

Known to me and to me known to be the same persons who executed the

foregoing instrument and acknowledged the same to be their free and
voluntary act and deed and that of the entities they represent.

The instrument refers to a Deed of Absolute Sale of a Motor Vehicle

consisting of two (2) pages, including this Acknowledgment page signed by
the parties and their witnesses on each and every page and sealed with my
notarial seal.

WITNESS MY HAND AND NOTARIAL SEAL on the date and place first
above written.