DEED OF SALE OF A SUBDIVIDED REGISTERED LAND KNOW ALL MEN BY THESE PRESENTS:

This DEED OF SALE OF A SUBDIVIDED REGISTERED LAND, made and executed by and between:

NANCY O. PACIS, of legal age, single, Filipino citizen, and with residence and postal address at 46 Pacdal, Baguio City hereinafter known as the VENDOR.

-and-

NICOLLO O. PASADENA, of legal age, married to NICOLLETE O. PASADENA, Filipino citizen, with residence and postal address at 171 Engineers Hill, Baguio City hereinafter known as the VENDEE.

W I T N E S S E T H:

That the VENDOR is the absolute owner of a certain parcel of land situated in Trancoville, Baguio City, covered by Transfer Certificate of Title No. T-465836 issued by the Registry of Deeds of Baguio City, and more particularly described as follows:

TRANSFER CERTIFICATE OF TITLE TECHNICAL DESCRIPTION

A parcel of Land (Lot 5, Blk. 11, Psd-1-014521, being a portion of Lot 19, II-11894, L.R.C. Rec. No. ___), situated in the Bo.Trancoville, City of Baguio, Island of Luzon. Bounded on the SE., along line 6-1-2 by Lot 4, Blk. 11, on the SW., along line 2-3 by Alley Lot 5, on the NW., along line 3-4 by Lot 5, Blk. 11, on the NE., along line 4-5-6 by Drainage I Lot 6, all of the Psd-1-014521. Beginning at a point marked “1” of Lot 5 Blk. 11, on plan being S. 4 deg. 13’W., 797.98 m. from B.L. No. 7, Baguio Townsite, thence:

S. 86 deg. 16’W., 5.40 m. to point 2; N. 51 deg. 24’W., 2.98 m. to point 3; N. 3 deg. 44’W., 9.70 m. to point 4; S. 83 deg. 29’E., 4.48 m. to point 5; S. 51 deg. 08’E., 11.06 m. to point 6;

S. 51 deg. 41’W., 6.02 m. to point of beginning,

containing an area of ONE HUNDRED TWENTY(120) SQUARE METERS, more or less. All points referred to are indicated on the plan and are marked on the grounds as PS cyl. Conc. Mons. 15 x 60 cms., except, bearings true, date of original survey on July 8-August 1916 date of subdivision survey on August 23, 1987 – July 15, 1988, executed by Engr. Nicolas Pintakasi and approved on Nov. 14, 1988.

That the VENDEE has offered to buy and the VENDOR has agreed to sell a portion of the above described property, pending its subdivision in accordance with law, for a price and under the terms and conditions herein set forth;

Therefore, for and in consideration of the sum of SIX HUNDRED FIFTY THOUSAND PESOS (Php 650,000.00), the receipt whereof is hereby acknowledged from the VENDEE, the VENDOR does hereby sell, transfer and convey in a manner absolute and irrevocable unto the VENDEE, his/her heirs and assigns that certain portion of the land above;

That the VENDOR does hereby warrant valid title to and peaceful possession of, the portion of land herein sold and conveyed, and will defend the same unto the said VENDEE his/her heirs and assigns against the claims of third persons whomsoever;

That the parties hereto hereby agree that within a period of SIXTY (60) days from and after the execution of this instrument, the VENDOR shall engage the services of a licensed geodetic engineer to undertake the preparation of the necessary survey plan of subdivision, segregating the definite portion object of this sale, and submit the same to the proper government authorities for verification and approval in accordance with law; That pending approval of the subdivision plan, the parties hereto have agreed to register this Deed of Sale in the Office of the Register of Deeds concerned by way of memorandum: annotation on the corresponding certificate of title as permitted under the provision of Section 58 of Act 496, as amended with the understanding that upon the final approval of said subdivision plan and the corresponding technical description of the resulting lots, certified copy thereof shall forthwith be filed with the Register of Deeds to enable him to effect the segregation process by the issuance of a new certificate of title in the name of the herein VENDEE for the portion of

land sold and another certificate in the name of the herein VENDOR for the portion remaining;

That the parties further agree that the expenses incident to the survey of the land shall be deemed to be included in the consideration of this sale, and that the attorney’s fees for the preparation of the necessary deed and other legal papers as well as the requisite documentary stamps shall be for the account of the VENDOR, while the registration fees to be payable to the Register of Deeds and transfer tax shall be for the account of the VENDEE.

IN WITNESS WHEREOF, we have hereunto signed this Deed of Sale, this 29th _{day of November 2013, in Baguio City, Philippines.}

NANCY O. PACIS NICOLLO O. PASADENA

Vendor Vendee

SIGNED IN THE PRESENCE OF:

A C K N O W L E D G M E N T REPUBLIC OF THE PHILIPPINES}

CITY OF BAGUIO } S.S.

BEFORE ME, a Notary Public in and for the City of Baguio, this 29th

day of November 2013, personally appeared NANCY O. PACIS and NICOLLO O. PASADENA who have satisfactorily proven to me their identities through NORMAN O. PANATA, who is personally known to me and who personally knows the parties, that they are the same persons who executed and voluntarily signed the foregoing Deed of Sale of a Subdivided Registered Land and acknowledged to me that the same is their free and voluntary acts and deeds.

This instrument consisting of FOUR (4) 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.

JUAN DELA CRUZ JR. Notary Public

Until December 31, 2014 100A Session Road, Baguio City

(074) 422-1234

PTR No. 1928374/Baguio City/01-04- 13

Roll of Atty. No. 67548/05-18-10 IBP OR No. 739281/Baguio-

Benguet/01-04-13

MCLE Compliance No. IV-90210/04- 22-13

Commission Serial No. 01-NC-11 (R) TIN: 302-760-343

Doc. No. 39; Page No. 8; Book No. I; Series of 2013

DEED OF SALE OF A FRANCHISE OF A PUBLIC UTILITY