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Absolute Deed of Sale KNOW ALL MEN BY THESE PRESENTS: This Deed of Sale is executed by and between Lourdes

P. Nellas herein referred to as the VENDOR, and Marilou P. Chiong herein referred to as the VENDEE; WITNESSETH: That the VENDOR is the absolute owner of a certain personal property, more particularly described as: Make Series Body Type Plate No. Engine No. Chassis No. : : : : : : Fuso Truck Fighter Dropside MBR 922 6D14605251 FK-415K-740396

That for and in consideration of the sum of Four Hundred Fifty Thousand Pesos (Php 450,000.00) PHILIPPINE CURRENCY, in hand paid by the VENDEE, receipt of which is hereby acknowledged and confessed to the full and entire satisfaction of the VENDOR, by these presents, the VENDOR herby sells, transfers, and conveys by way of absolute sale unto the VENDEE, his heirs, successors, and assigns the above-described personal property free from all liens and encumbrances whatsoever; IN WITNESS WHEREOF, the parties hereunto set their hands this 17th day of July 2010 in the City of Bacolod, Philippines.

_______________________________ VENDOR

______________________________ VENDEE

SIGNED IN THE PRESENCE OF:

_______________________________

______________________________

ACKNOWLEDGMENT REPUBLIC OF THE PHILIPPINES ) CITY OF BACOLOD ) S.S. X----------------------------------------------------X BEFORE ME, a Notary Public, in the City of Bacolod, Philippines, personally appeared Lourfame P. Nellas and Marilou P. Chiong, exhibiting their respectve community tax certificates number __________________ and ___________________ issued on __________________ and ___________________ at ___________________ and ___________________ known to me, and to me known to be the same persons who executed the foregoing instrument, and acknowledged to me that the same is their free and voluntary act and deed. WITNESS MY HAND AND SEAL, this ______ day of ____________________, ______ in CITY OF BACOLOD, REPUBLIC OF THE PHILIPPINES. Doc. No. Page No. Book No. Series of _________; _________; _________; _________.

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