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    Deed of Sale

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    DamanManda
    Ria Faith N. Bisahan certifies that the board of directors of D' Asian Hills Bank approved the sale of a parcel of land from the bank to Dionisio G. Butardo. The board resolution authorizes bank Vice President Roy C. Bunato process the sale and transfer of the 26,000 square meter property in Lantapan, Bukidnon for 80,000 Philippine pesos. The resolution also states that Butardo will pay capital gains and transfer taxes and fees, and that the sale is on an "as is" basis. Bisahan certifies this as the corporate secretary of D' Asian Hills Bank.

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    Deed of Sale

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    DamanManda
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    Ria Faith N. Bisahan certifies that the board of directors of D' Asian Hills Bank approved the sale of a parcel of land from the bank to Dionisio G. Butardo. The board resolution authorizes bank Vice President Roy C. Bunato process the sale and transfer of the 26,000 square meter property in Lantapan, Bukidnon for 80,000 Philippine pesos. The resolution also states that Butardo will pay capital gains and transfer taxes and fees, and that the sale is on an "as is" basis. Bisahan certifies this as the corporate secretary of D' Asian Hills Bank.

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    Ria Faith N. Bisahan certifies that the board of directors of D' Asian Hills Bank approved the sale of a parcel of land from the bank to Dionisio G. Butardo. The board resolution authorizes bank Vice President Roy C. Bunato process the sale and transfer of the 26,000 square meter property in Lantapan, Bukidnon for 80,000 Philippine pesos. The resolution also states that Butardo will pay capital gains and transfer taxes and fees, and that the sale is on an "as is" basis. Bisahan certifies this as the corporate secretary of D' Asian Hills Bank.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    183 views2 pages

    Deed of Sale

    Uploaded by

    DamanManda
    Ria Faith N. Bisahan certifies that the board of directors of D' Asian Hills Bank approved the sale of a parcel of land from the bank to Dionisio G. Butardo. The board resolution authorizes bank Vice President Roy C. Bunato process the sale and transfer of the 26,000 square meter property in Lantapan, Bukidnon for 80,000 Philippine pesos. The resolution also states that Butardo will pay capital gains and transfer taxes and fees, and that the sale is on an "as is" basis. Bisahan certifies this as the corporate secretary of D' Asian Hills Bank.

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    SECRETARYS CERTIFICATE

    I, Ria Faith N. Bisahan, of legal age, Filipino, with address at Grema Village,
    Casisang, Malaybalay City, Bukidnon and being the duly appointed Corporate
    Secretary of D ASIAN HILLS BANK, INC. (A RURAL BANK), a rural banking
    corporation, duly formed and existing under and by virtue of the laws of the
    Philippines, with principal office at Malaybalay City after having sworn in accordance
    with law HEREBY CERTIFIES:
    THAT the members of the Board of Directors in its special meeting held on
    July 10, 2015 approved the following:
    BOARD RESOLUTION NO. 2015-07-65
    BE IT RESOLVED AS IT IS HEREBY RESOLVED that D Asian Hills Bank,
    Inc., a rural banking corporation duly organized and existing under the laws of the
    Republic of the Philippines, duly represented by its Vice President for Operations,
    ROY C. BUNA, of legal age, Filipino and a resident of Sumilao, Kisolon, Bukidnon,
    herein referred to as the VENDOR and DIONISIO G. BUTARDO of legal age,
    Filipino and a resident of Zone 6, Poblacion, Lantapan, Bukidnon, herein referred to
    as the VENDEE;
    THAT for and in consideration of EIGHTY THOUSAND PESOS (P 80,
    000.00) Philippine currency, paid by the VENDEE and receipt of which is hereby
    acknowledged and confessed by the VENDOR to its entire satisfaction, the
    VENDOR hereby SELLS, CEDES, TRANSFERS and CONVEYS, and by these
    presents has sold, ceded, transferred and conveyed, in a manner that is absolute
    and irrevocable, the above described property, unto and in favor of the VENDEE,
    his successors and assigns, free from all liens and encumbrances of any kind
    whatsoever;
    Cadastral Lot No. 4307, Cad-653 (Lot No. 08-004), situated in the Barangay of
    Kaatuan, Municipality of Lantapan, Province of Bukidnon, Island of Mindanao.
    Bounded on the N Sec. 07; E Steep bank; S Lot 4308; Cad-653; containing an
    area of TWENTY SIX THOUSAND (26, 000) square meters, more or less
    THAT, of which said VENDOR is the registered sole and exclusive owner of
    the above-described property, its ownership is being evidenced by TAX
    DECLARATION NO. 02-11-12518;
    THAT, that the vendor warrants valid title and peaceful possession of the
    property herein sold and conveyed, and further declares that the same is free from
    all liens and encumbrances of any kind whatsoever;
    THAT, that the VENDOR warrants that the property herein sold and
    conveyed has never been and is not tenanted.
    RESOLVED FURTHER, that DAHBI Vice President for Operations, ROY C.
    BUNA, be authorized as the representative of the Corporation to process
    applications, and enter into arrangements under such terms and conditions as
    herein Officer may deem necessary and to accordingly execute, sign, deliver and/or
    perform any and all contracts, instruments, documents or writings in consonant with
    the primordial interest and purpose of the Corporation;
    RESOLVED FINALLY, that the payment of capital gain tax and all other
    expenses incurred during the transfer of the Title will be shouldered by the herein
    VENDEE and that the sale is in as is where is basis.
    THAT the said resolution is not contrary to the By-Laws of the Corporation
    and is in full force and effect.
    WITNESS THE SIGNATURE of the undersigned as such officer of the
    Corporation on this _____________________at Malaybalay City, Bukidnon.
    ATTY. RIA FAITH N. BISAHAN
    Corporate Secretary
    SUBSCRIBED
    AND
    SWORN
    to
    me
    this
    _________________
    at
    _____________________, Philippines, affiant exhibiting to me her TIN No. 278 557 677.
    Doc. No. ________

    Page No. ________


    Book No. ________
    Series of 2015

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