DEED OF ABSOLUTE SALE

KNOW ALL MEN BY THESE PRESENTS:

This DEED OF ABSOLUTE SALE is made, executed and entered into by:

CECILIA R. SABAS Filipino citizen, of legal age, single and with

residence and postal address at Barangay Capayas, Dumaran,
Palawan hereinafter referred to as the “SELLER”;

-and-

ROEL A. SABINET Filipino citizen, of legal age, married to Rose L.

Sabinet and with residence and postal address at Barangay
Capayas, Dumaran, Palawan hereinafter referred to as the
“BUYER”;

WITNESSETH;

WHEREAS, the SELLER is the registered owner of a parcel of land located

at Barrio Capayas, Dumaran, Palawan and covered by Original Certificate of Title
No. P-14684 containing a total area of ONE HUNDRED THOUSAND
(100,000) SQUARE METERS, more or less, and more particularly described as
follows:

1|DEED OF SALE CANDO AND BEKKER

 WHEREAS, the BUYER has offered to buy and the SELLER has agreed to
sell a portion of the abovementioned property with an area FORTY-FIVE
THOUSAND SQUARE METERS (45,000 sqm) for the amount of TEN
THOUSAND PESOS (₱10,000.00) Philippine Currency;

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

THOUSAND PESOS (₱10,000.00) Philippine Currency, hand paid by the buyer
to the seller, the SELLER DO HEREBY SELL, TRANSFER, and CONVEY by way
of Absolute Sale unto the said BUYER, her 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.

That the herein BUYER shall handle all of the transfer cost of the property
to his name.

___________________________________ ___________________________________
CECILIA R. SABAS ROEL A. SABINET
Seller Buyer

SIGNED IN THE PRESENCE OF:

__________________________ ____________________________

ACKNOWLEDGMENT

REPUBLIC OF THE PHILIPPINES )

PROVINCE OF PALAWAN ) SS.

BEFORE ME, a Notary Public for and in the Province of Palawan and the City
of Puerto Princesa, personally appeared:

Name ID Date/Place Issued

1. CECILIA R. SABAS
2. ROEL A. SABINET

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.

2|DEED OF SALE CANDO AND BEKKER

This instrument, consisting of THREE (3) 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 ___day of __________________20__

at_______________.

Notary Public

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

Page No. .......;
Book No. .......;
Series of 20__.

3|DEED OF SALE CANDO AND BEKKER