DEED OF ABSOLUTE SALE OF AN UNREGISTERED LAND

KNOW ALL MEN BY THESE PRESENTS:

This DEED OF SALE OF AN UNREGISTERED LAND, made and executed by and

between:

SPS. BRANDON C. TULIO and MARJORIE C. TULIO, of legal ages, Filipino citizens,
and with residence address at #89 Everlasting St., Q.M. Subdivision, Baguio City, Philippines
hereinafter called as the VENDORS;

-and-

PAULFRED TOMBALI, single, of legal age, Filipino Citizen, with residence address at
#462 Maria Pucay, Pinsao Proper, Philippines, hereinafter called the VENDEE;

WITNESSETH THAT:

The VENDORS are the owners of a certain unregistered parcel of land situated at
Sabkil, Loacan, Itogon, Benguet, Philippines and more specifically described as follows, to
wit:

ASSESSMENT OF REAL PROPERTY NO.99-005-01234

BOUNDARIES:
NORTH: Lot 2 SOUTH: Lot 2052
EAST : Lot 1 WEST : Lot 4
KIND: Camotal land
AREA: 4.6351 ha.
MARKET VALUE: Php 42,300.00
ASSESSED VALUE: Php 13,060.00

The VENDORS decide to sell the entire area of the above-described unregistered
land including all the improvements therein to herein VENDEE;

For and in consideration of the total sum of ONE HUNDRED THIRTY NINE
THOUSAND AND FIFTY THREE PESOS (Php139,053.00) ONLY, PHILIPPINE CURRENCY,
paid by the VENDEE to the VENDORS, the VENDORS by these present hereby SELL,
TRANSFER and CONVEY, unto the said VENDEE, his heirs and assigns the above described
portion of property;

It is hereby declared that the boundaries of the foregoing land are visible by means
of natural and man-made boundaries;

The Vendors hereby warrant that the above-described portion of unregistered land
is free from all liens and encumbrances;

The above-described real estate property, not having been registered under Act No.
496 nor under the Spanish Mortgage Law, the parties hereto have agreed to register this
instrument under the provisions of Sec. 194 of the Revised Administrative Code, as
amended by Act No. 3344.

IN WITNESS WHEREOF, the parties have hereunto set their hands this 7 th day of
March 2011, in the City of Baguio, Philippines.
BRANDON C. TULIO MARJORIE C. TULIO PAULFRED
TOMBALI
Vendor Vendor Vendee
CTC No. 10131972 CTC No. 10131973 CTC No. 0315199
Issued on 01/15/2011 Issued on 01/15/2011 Issued on
01/16/2011
Issued at Baguio City Issued at Baguio City Issued at Baguio
City

SIGNED IN THE PRESENCE OF :

MA. REMEDIOS L. BELLO VANESSA M. MUZONES

ACKNOWLEDGMENT

REPUBLIC OF THE PHILIPPINES }

DONE: IN THE CITY OF BAGUIO } S.S.
X ======================= X

BEFORE ME, a Notary Public in and for the City of Baguio, this 7 th day of March 2011,
personally appeared BRANDON C. TULIO, MARJORIE C. TULIO, and PAULFRED TOMBALI,
who have satisfactorily proven to me their identity through their Taxpayer Identification
Number 123-133-133-000, SSS No. 992749, and Professional Driver’s License No.
AO090384, respectively, that they are the same persons who executed and voluntarily
signed the foregoing Deed of Absolute Sale of an Unregistered Land which they
acknowledged before me as their free and voluntary acts and deeds.

This instrument consisting of TWO (2) 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 parties and their witnesses.

WITNESS MY HAND AND SEAL.

LIYA ORTEGA-RODRIGUEZ
Notary Public
Until December 31, 2012
Doc. No. __33_; PTR No. 050183/Baguio City/01-11-11
Page No. _7__; Roll of Atty. No. 8121983
Book No. I ; IBP Lifetime Membership No. 9031984
Series of 2011. Baguio-Benguet