DEED OF SALE

WITH RIGHT OF REPURCHASE

KNOW ALL MEN BY THESE PRESENTS:

This Deed of Sale with Right of Repurchase, made and executed by

and between:

MARY ROSE E. HABIJAN, Filipino, of legal age,

single, with residence at Timbayog, Casiguran,
Sorsogon, Philippines, hereinafter referred to as the
VENDOR;
- and -

DULCISIMO JAO FRANCIA III, Filipino, of legal

age, single, and with residence at North Poblacion,
Juban, Sorsogon, Philippines, hereinafter referred to
as the VENDEE;

-WITNESSETH-

WHEREAS, the VENDOR is the true and absolute owner of a certain

parcel of land designated as Lot No. 264 PT situated at Timbayog, Casiguran,
Sorsogon, and more particularly described as follows:

NOW, THEREFORE, for and in consideration of the amount of ONE

HUNDRED FIFTY THOUSAND (P150, 000.00), Philippine Currency, receipt
of which is hereby acknowledged by the VENDOR to his full and complete
satisfaction, the VENDOR does hereby SELL, TRANSFER, and CONVEY
under PACTO DE RETRO unto the said VENDEE, his heirs, successors and
assigns, the above-described parcel of land, free from any and all liens and
encumbrances;
 That the VENDOR, in executing this assignment and conveyance,
hereby reserves the right to REPURCHASE, and the VENDEE, in accepting
the same, hereby obligates himself to RESELL, RETRANSFER, and
RECONVEY, the above-described parcel of land herein conveyed within a
period of Two (2) years, from and after the date of this instrument, for the
price of Pesos ONE HUNDRED FIFTY THOUSAND (P150, 000.00),
Philippine Currency with 5% per month interest commencing from the
execution of this instrument; Provided, however, that if the VENDOR shall
fail to exercise his right to repurchase by fully and completely paying the
said price within the period stipulated, then this conveyance shall become
ABSOLUTE AND IRREVOCABLE, without necessity of drawing up a new
deed of absolute sale.

IN WITNESS WHEREOF, the parties hereto have hereunto set their

hands this _____________ at _____________, Philippines.

MARY ROSE E. HABIJAN DULCISIMO JAO FRANCIA III

VENDOR VENDEE

SIGNED IN THE PRESENCE OF:

__________________ __________________

ACKNOWLEDGMENT
Republic of the Philippines)
Sorsogon City ) S.S.

BEFORE ME, a Notary Public for and in the City of Sorsogon, Philippines,
this____________________, personally appeared the above-named parties with
valid identification already written below their names, who are known to me and
to me known to be the same persons who executed the foregoing instrument
consisting of two (2) pages including the page where this acknowledgement is
written signed by them and their instrumental witnesses and acknowledge to me
that the same are their free and voluntary acts and deeds.

WITNESS MY HAND AND NOTARIAL SEAL on the day, year and place
above written.

Doc. No.:_______;
Page No.:_______;
Book No.:_______;
Series of 2018