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DEED OF SALE OF MOTOR VEHICLE WITH ASSUMPTION OF MORTGAGE
KNOW ALL MEN BY THESE PRESENTS: This AGREEMENT AGREEMENT made and executed executed b and and bet!een: bet!een: xxx" xxx" #$ %e&a% a&e" ma''ied" (i%i)in#" !ith 'esidence 'esidence and )#sta% add'ess at N#* +, -u)ite' -u)ite' St'eet" St'eet" Me'a%c# Me'a%c# .i%%a&e" .i%%a&e" Mecaua Mecauaan" an" Bu%acan Bu%acan /0+0" /0+0" he'eina$te' ca%%ed the VENDOR and xxx" xxx" #$ %e&a% a&e" (i%i)in#" (i%i)in#" ma''ied" !ith 'esidence and )#sta% add'ess at 1111111111111111111111 111111111111111111111111111111111 11111111111111111111111 111111111111111111" 111111" he'eina$te' he'eina$te' ca%%ed VENDEE2 the VENDEE2 W3TNESSETH: That (OR AN4 3N 5ONS34ERAT3ON O( THE S6M O( FIVE HUNDRED EIGHTY FIVE THOUSAND AND NINE HUNDRED THIRTY TWO PESOS (P585,932.00, !he'e !he'ein in the am#unt am#unt #$ ONE HUNDRED FORTY FORTY THOUS THOUSAND AND PESO PESOS S (P!"0 (P!"0,00 ,000 0 as d#!n d#!n )ame )ament" nt" and and the 'emainin& 'emainin& ba%ance #$ FOUR HUNDRED FORTY#FIVE THOUSAND NINE HUNDRED THIRTY#TWO (P ""5,932.00" ""5,932.00 " !hich sha%% be )aid th'u the issu issuan ance ce #$ )#st )#st date dated d chec chec7s" 7s" a'e a'e he'e he'eb b ac7n ac7n#! #!%e %ed& d&e e $'#m $'#m the the VENDEE" VENDEE" b and and t# the the )a't )a'tia ia%% sati satis$ s$ac acti ti#n #n #$ the the VENDOR" VENDOR" said said VENDOR HERE HEREBY BY SELL SELLS S" TRAN TRANS( S(ER ERS S and and 5ON. 5ON.EY EYS S unt# unt# the the .EN4EE the m#t#' 8ehic%e desc'ibed as $#%%#!s:
MA$E SERIES TYPE OF %ODY YEAR MODEL MOTOR NO. CHASSIS NO. PLATE NO. COLOR
TOYOTA .3OS - 9*/ MT GAS SE4AN +09,
VENDOR is the abs#%ute #!ne'2 O$ !hich the VENDOR is That the cash d#!n )ament #$ ONE H6N4RE4 (ORTY THO6SAN4 PESOS P9;0"000< P9;0"000< as stated ab#8e c#8e's #ne 9< ea' insu'ance u) t# 0; -u% +09= !hi%e the succeedin& annua% insu'ance 'ene!a% sha%% be $#' the acc#unt #$ the VENDEE2 VENDEE2 That the VENDEE sha% sha%%% bea' bea' the the ea' ea'% % 'e&i 'e&ist st'a 'ati ti#n #n c#st c#sts s be&innin& -u% +09=2
That the VENDOR he'eb !a''ants that the said m#t#' 8ehic%e is sti%% unde' m#'t&a&ed !ith 6nited Ban7 3nc*2 That the VENDEE a&'eed t# )a the 'emainin& ba%ance #$ FOUR HUNDRED FORTY FIVE THOUSAND AND NINE HUNDRED THIRTY TWO PESOS (P""5,932.00 th'u the issuance #$ thi't six />< )#st dated chec7s in $a8#' #$ the VENDOR" u)#n executi#n #$ this d#cument" t# c#8e' the m#nth% )aments $'#m Au&ust +09? t# -u% +0+02 That each )#st dated chec7 sha%% c#8e' the m#nth% am#'ti@ati#n #$ TWELVE THOUSAND THREE HUNDRED EIGHTY SEVEN PESOS &') (P!2,38*.00, due e8e' 90th #$ the m#nth2 That $ai%u'e #n the )a't #$ the VENDEE t# $und the )#st dated chec7s #n #' be$#'e the stated am#'ti@ati#n date" the VENDEE sha%% be cha'&ed !ith , )ena%t )e' m#nth2 That in the e8ent that the VENDEE $ai%ed t# )a the am#'ti@ati#n $#' t!# +< c#nsecuti8e m#nths" the t#ta% #utstandin& ba%ance" inc%usi8e #$ )ena%ties" sha%% be due and demandab%e* 3N W3TNESS WHEREO(" the )a'ties he'eb a$$ixes thei' si&natu'e this 1111da #$ 11111111" +09? at 1111111111111111111115it* 5ON(3RME4 AN4 A55EPTE4:
xxx Vendee
xxx Vendor
S3GNE4 3N THE PRESEN5E O(:
11111111111111111111111111111
1111111111111111111111111
AC$NOWLEDGMENT
Re)ub%ic #$ the Phi%i))ines< 5it #$ 1111111111111111111< Sc
BE(ORE ME" in the 5it #$ Mani%a" this 11111 da #$ 11111111111111111" +09?" )e's#na%% a))ea'ed the $#%%#!in&:
NAME
GOVERNMENT ISSUED ID
PLACE OF ISSUANCE
DATE OF ISSUANCE
xxx xxx A%% 7n#!n t# me and 7n#!n t# be the same )e's#ns !h# executed the $#'e&#in& inst'ument and ac7n#!%ed&ed be$#'e me that the same is thei' $'ee and 8#%unta' act and deed as !e%% as th#se #$ the entities the 'e)'esent* Said inst'ument 'e$e's t# the Deed of Sale of Motor Vehicle with Assumption of Mortgage c#nsistin& #$ th'ee /< )a&es" inc%udin& this )a&e #$ Ac7n#!%ed&ment" si&ned b the )a'ties and thei' !itnesses and sea%ed !ith m n#ta'ia% sea%*
