DEED OF ABSOLUTE SALE

KNOW ALL MEN BY THESE PRESENTS:

That WE, JUAN DELA CRUZ married to MARIA DELA CRUZ, Filipinos,
and residents of Maganda Subdivision, Cebu City hereinafter called the SELLERS, for
and in consideration of the sum of ONE MILLION ONE HUNDRED THOUSAND
PESOS (P 1,100,000.00), Philippine Currency, in hand paid to my entire satisfaction,
receipt of which is hereby acknowledged from Mia Poite, of legal age, Filipino citizen,
married to John Poite, of legal age, Australian citizen, and with residence at Mauga, Cebu
City, hereinafter called the BUYERS, hereby sell, cede, transfer, and convey unto said
BUYERS, a parcel of land including the improvements thereon situated in Maganda
Subd., Kasambagan, Cebu City, or more particularly described as follows, to wit:

Transfer Certificate of Title No. 8888816

“A parcel of land (Lot 000899, Block 3, of the consolidated-
subdivision plan (LRC) Pcs-9999, of the consolidation of Lots 007 and
1490, Segovia Estate; LRC Rec. No. 11111), situated in the City of Cebu,
Island of Cebu x x x; containing an area of TWO HUNDRED THIRTY
FIVE (235) Sq. Meters, more or less.”

We hereby certify that the above-adverted sale of the land and improvements has
no tenants and the provision of Article ---- of the New Civil Code of the Philippines has
been complied with;

We hereby warrant valid title to, and peaceful possession of, the property herein
sold and conveyed, and further declare that the same is free and clear of all liens and
encumbrances of any kind whatsoever;

IN WITNESS WHEREOF, the parties hereto have hereunto set their hands at the
place first above written, on this ______________.

With my marital consent:

JUAN DELA CRUZ MARIA DELA CRUZ

Seller Seller

SIGNED IN THE PRESENCE OF:

ACKNOWLEDGMENT

REPUBLIC OF THE PHILIPPINES)

) SS.
--------------------------------------------

BEFORE ME, on this _____________, at ____________________, Philippines, personally

appeared JUAN DELA CRUZ with his ________________ issued on ____________________, at
_________________, and MARIA DELA CRUZ with her ________________ issued on
____________________, at _________________ known to me to be the same persons who executed the
foregoing instrument and they acknowledged to me that the same is their own free act and voluntary deed
and that of the principals represented.
WITNESS MY HAND AND SEAL, at the place and on the date first above written.

Doc. No. ____

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Series of 2006