CONTRACT ENFORCING A PRIOR
DEED OF ABSOLUTE SALE
KNOW ALL MEN BY THESE PRESENTS:
This CONTRACT, made and executed this ___________________ by and between:
We, JESSIE NESTOR E. MAGDIRILA, of legal age, Filipino citizen, single and with residence and
postal address at Brgy. 1, Laoag City, Ilocos Norte, hereinafter referred to as the "SELLER";
-AND-
SPOUSES RODOLF AGUILLON GABAT and JONABELLA MARTINEZ GABAT, both legal age,
Filipino citizens, and residing at Lagasca St., Brgy. 10, Laoag City, Ilocos Norte, Philippines,
hereinafter referred to as the "BUYERS"
WITNESSETH:
WHEREAS, the SELLER is the owner of 1/2 portion of a parcel of land located at Brgy 4, Laoag
City, Ilocos Norte, Philippines, covered by TCT No. T-21282;
WHEREAS, the BUYERS purchased a one hundred fifty square meter portion of the said lot;
NOW THEREFORE, for and in consideration of the full purchase price in the amount of ONE
MILLION FIVE HUNDRED PESOS (Php1,500,000.00) Philippine Currency, and of the covenants herein
after set forth, both PARTIES agree on the following terms and conditions:
1. The total purchase price of the One Hundred Fifty (150) square-meter portion of the lot as
appearing in the Deed of Absolute Sale previously executed shall be One Million Five
Hundred Pesos (PHP1,500,000);
2. One million three hundred fifty thousand pesos of the total purchase price is hereby
acknowledged by the seller as previously received from the buyer while the remaining
balance of one hundred fifty thousand pesos shall constitute a loan by the buyer which
shall be paid to the seller without any stipulation on interest;
3. In the event of rescission of the contract by reason that it is adjudged by a competent
court that a third person owns the property and not the seller, the purchase price shall be
returned by the seller to the buyer and the loan previously constituted in the amount of
one hundred fifty thousand pesos shall be annulled;
4. Pending litigation, the buyers shall have the authority to sell the property to interested
third persons without the consent of the seller-co-owner;
5. Pending litigation, the buyers shall have the authority to enter into a partition agreement
in court without the consent of the seller-co-owner as long as it does not prejudice his
rights.
IN WITNESS WHEREOF, the parties have hereunto affixed their signatures, this
___________________ at Laoag City, Ilocos Norte, Philippines.
JESSIE NESTOR E. MAGDIRILA
Seller
SPOUSES RODOLF AGUILLON GABAT and JONABELLA MARTINEZ GABAT
Buyers
SIGNED IN THE PRESENCE OF:
__________________________ ____________________________
ACKNOWLEDGMENT
Republic of the Philippines)
City of Laoag ) s.s.
BEFORE ME, a Notary Public for the city of Laoag and the province of Ilocos Norte, this
________________ personally appeared the following:
2
Name Gov’t ID No. Date/Place Issued
JESSIE NESTOR MAGDIRILA SSS ID No. 01-1739342-2
RODOLF AGUILLON GABAT Driver’s Lic. No. N03-10-015895 Valid until 2024/03/08
JONABELLA MARTINEZ GABAT Driver’s Lic. No. A03-16-000501 Valid until 2023/08/05
This instrument referred to as the Contract Enforcing a Prior Deed of Absolute Sale, consisting of
two (2) 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 concerned parties and their witnesses, and sealed
with my notarial seal.
IN WITNESS WHEREOF, I have hereunto set my hand on the day, year and place above written.
ATTY. FRANCIS RAUL L. DAYO
Notary Public for Ilocos Norte and Laoag City
Until December 31, 2022 / Notarial Com. No. 2021-09
Roll No. 67463 / MCLE Compliance No. VII-0001271
PTR No. 2197051 - L.C.1/06/2021 / IBP LIFETIME NO. 0990899
677-2283 / 0918-490-2274 / TIN 925-051-505-000
Doc. No.___;
Page No.___;
Book No. XI;
Series of 2022.
