DEED OF ABSOLUTE SALE OF MOTOR VEHICLE

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					              DEED OF ABSOLUTE SALE OF MOTOR VEHICLE

KNOW ALL MEN BY THESE PRESENTS:

        That I, _____________________________, of legal age, married, Filipino with
postal address at unit ___________________________________________________, is
the lawful and registered owner of a certain motor vehicle and more particularly
described as follows:

       VEHICLE NAME                         :
       Type                                  :
       Motor No.                            :
       Serial/Chassis No.                   :
       File No.                              :
       Plate No.                              :

       That      for     and    in     consideration   of     the      sum      of
________________________________ (P______________) Philippine Currency, in
hand paid to me in full satisfaction and acknowledged to have received from the
VENDEE MR. ________________________, of legal age, single, Filipino with postal
address at ______________________________________________________ by virtue
of these presents do hereby sell, convey and transfer unto said VENDEE,
__________________________ his heirs, assigns and successors in interest the above
described motor vehicle.

       That I further declare that the said described motor vehicle is free from liens
and/or encumbrances and shall defend its ownership from any/all claims whatsoever.

       IN WITNESS WHEREOF, I have hereunto set my signature this _________ day
of __________, 2003 at Manila, Philippines.



    (VENDOR)                                                (VENDEE)

                             Signed in the presence of:

_______________________                                _____________________

REPUBLIC OF THE PHILIPPINES)
CITY OF MANILA             )

       BEFORE ME, a Notary Public for and in the above indicated locality, this
_______      day    of     ________________,          2003,      personally appeared
____________________________ with Community Tax No. __________________
issued at _____________ on _______________ and ________________________with
Community Tax No. _______________ issued at _______________ on
________________, known to me to be the same persons who executed the foregoing
instrument acknowledged to me that the same is his free act and deed.

        IN WITNESS WHEREOF, I have hereunto set my hand and fixed my notarial
seal on the date and at the place first indicated above.


                                                          NOTARY PUBLIC

Doc. No. ___________;
Book No. ___________;
Page No. ___________;
Series of 2003.

				
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