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    CONDITIONAL SALES

    AGREEMENT

    Know All Men by These Presents;

    I, FRANCISCO (Jun) G. CALINISAN and ELAINE (Lenny) E. CALINISAN, Filipino, of legal age, with

    Residence and postal address at Block 3 Lot 39 Ma. Susafe st. San Antonio Valley 7 Pulang Lupa Dos,

    Las Pinas City;

    That this Conditional Sale Agreement entered into by and between FRANCISCO (Jun) CALINISAN

    hereafter referred to as the VENDOR;

    AND

    LETICIA (Letty) P. NAVARRO, Filipino, of legal age, married to EDGARDO (Sonny Boy) M. NAVARRO,

    with Residence and Postal address at No. 280 Dakila St. Sumilang Pasig City under the following

    TERMS and CONDITION:

    1. That for and in consideration of the SUM of SIXTY- SIX THOUSAND US DOLLARS ($66,000.00)or TWO MILLION EIGHT HUNDRED FIFTY SEVEN THOUSAND EIGHT HUNDRED PESOS (PHP

    2,857.200.00) in Philippine currency, do hereby SELL, TRANSFER and CONVEY unto Spouses

    LETICIA and EDGARDO NAVARRO, their heirs and assigns that certain parcel of land together

    with the building and improvement thereon located at Block 3 Lot 39 Ma. Susafe st. San

    Antonio Valley 7 Pulang Lupa Dos, Las Pinas City, particularly described as follows; consisting

    of ONE HUNDRED EIGHTY THREE (183) SQUARE METERS.

    TCT-89461

    A PARCEL OF LAND (Lot 39, of the subd. Plan Psd-75495, being a portion of Lot 1, described on plan

    Psu-133732, LRC Rec. No. 20223), situated in Bo. Tungtong, Mun. of Las Pinas, Prov. Of Rizal. Bounded

    on the NW., along line 1-2 by Lot 41, Blk. 3, on the NE., along line 2-3-4 by Road Lot 4, on the SE.,

    along line 4-5 by Lot 37, Blk. 3, and on the SW., along line 5-1 by Lot 38, Blk. 3, all of subd. Plan.

    Beginning at a pt. marked 1 on plan, being S. 88 deg. 46E., 2564.30 m. from BLIM 1, Bo. Of

    Pamplona, Mun. of Las Pinas, thence N. 29 deg. 11E., 14.29 m. to pt. 2; thence S. 62 deg. 01E., 10.50

    m. to pt. 3; thence S. 71 deg. 31E., 2.05 m. to pt. 4; thence S. 27 deg. 18W., (Over) 14.63 m. to pt. 5;

    thence N. 62 deg. 01W., 13.00 m. to pt. of beginning, containing an area of ONE HUNDRED EIGHTY

    THREE (183) SQ. METERS. All pts. Referred to are indicated on the plan and are marked on the ground

    by PS Cyl. Conc. Mons. bearings true, date of original survey, June 29, 1952 and that of the subd.

    survey, Oct. 15-25, 1966. Approved on Dec. 19, 1966.- - - -

    2. That the Buyers LETICIA and EDGARDO NAVARRO shall pay the agreed price of SIXTY SIXTHOUSAND US DOLLARS($66,000.00) and or the equivalent of pesos at TWO MILLION EIGHT

    HUNDRED FIFTY SEVEN THOUSAND EIGHT HUNDRED PESOS immediately after the Buyer shall

    received the negotiated loan of same amount; soon to be release;

    3. That after the tender of payment to be done in either in the US and/or in the Philippines, theVENDOR shall thereafter surrender the ORIGINAL TITLE to the BUYERS;

    4. That all necessary expense/s incident to the transfer of TITLE to the BUYERS shall be for theirexclusive account including payment of CAPITAL GAINS;

    5. That the Final execution of a DEED OF ABSOLLUTE SALE upon tender of the FULL AMOUNT OFTHE AGREED SELLING PRICE shall include the following furniture/s and fixtures of the

    following:

    y Cabinets inside the bedrooms and in the kitcheny Ceiling fan in the living roomy Wall frames in the living room (6) and wall frames inside masters bedroom two (2)y Air-condition inside bedroom one (1)y Two (2) beds- inside the masters bedroom and bedroom three (3)y Television rack in the living room

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    y All lights inside the rooms, living room, kitchen and garagey PLDT liney Love set (floral design)y Dining table with six (6) chairsy Round side table in the living roomy Wall frames in the kitchen (4)

    About the apartment

    y Two story apartmenty Two rooms- one (1) upstairs and one (1) downstairsy One (1) bathroom/ toilet (wall and floor are made of tiles)y One (1) small living roomy One (1) kitcheny Separate door outside and a fire exit steel door insidey Own meter basey Rental fee: P 5,500 per monthy Square meters: 20.35094

    FIXTURES :

    y Leaks in the kitchen (ceiling and cabinet)y Leak in the garagey One (1) broken window at the kitcheny One (1) screen at the kitcheny

    Some minimal painting..y Front gate repaint..6. That the documents and Notarial shall be for TWENTY FIVE THOUSAND PESOS (Php25,000.00)

    to be paid by the Vendor Francisco Calinisan together with TWENTY THOUSAND PESOS

    (Php20,000.00) commission due to Lizette N. Ayco.

    Done this day 22th day of October 2010 in Las Pinas City;

    _______________________________ _______________________

    Francisco G. Calinisan Leticia P. Navarro

    Vendor Vendee

    _______________________________ _______________________Elaine E. Calinisan Edgardo M. Navarro

    Vendor Vendee

    W I T N E S S

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    _____________________________ _____________________

    Carmelita T. Esguerra Eileen J. Coltun

    A C K NO W L E D G E M E N T

    Republic of the Philippines)

    Las Pinas City )S.S

    Before me a Notary Public personally appeared their respective Passport and CTR;

    Name: CTR No./Passport No.: Date/Place issued:

    Francisco G. Calinisan PP: XX0461816 04 Feb. 2008 / Manila

    Elaine E. Calinisan PP: XX0839585 01 April 2008 / Manila

    Leticia P. Navarro PP: XX4630706 23 Sept. 2009 / Phil Embassy

    Washington

    Edgardo M. Navarro 05744236 11 Aug. 2010 / Pasig City

    Known to me the same person who executed the foregoing and acknowledge to me that same is their

    Free and Voluntary ACT / DEED:

    _____________________________

    Notary Public

    Doc. No: _________

    Page No.:__________

    Book No.:__________

    Series of 2010

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