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agreement ot sell
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AGREEMENT
We, Spouses Ciriaco and Nena Cetro (Vendors), are the owners of a house and
lot located at ________________________. We signify our intention to sell the same to
Sps. Dionisio and Marietta Cetro (Vendee) in the amount of One Million Five Hundred
Thousand Pesos (P1,500,000.00) (Purchase Price). The Vendees agreed to pay the
amount in installments of Thirty Thousand Pesos (P30,000.00) per month until fully
paid. It is also understood that in the event of the demise of the Vendors and the
purchase price is not yet fully paid the Vendees shall continue to pay the unpaid amount
under the same terms which will be equally divided among our ten (10) children.
IN WITNESS WHEREOF, the Vendors and the Vendees have caused their name
to be affixed and have hereunto signed this presents, this .............day
of.....................................20...... at................................, Philippines.
__________________ _______________ Ciriaco Cetro Dionisio Cetro (Vendor) (Vendee)
__________________ ________________ Nena Cetro Marietta Cetro (Vendor) (Vendee)