Cancellation of Deed of Conditional Sal

CANCELLATION OF DEED OF CONDITIONAL SALE
KNOW ALL MEN BY THESE PRESENTS:
This CANCELLATION OF DEED OF CONDITIONAL SALE is entered into by

and between:
The surviving heirs of the decedents ROSENDO LOBIDICA QUINAIN and

EUSEBIA SUMALINOG-QUINAIN, all of legal ages, Filipinos and residing at
Caduawan, Tabogon, Cebu, hereinafter called as the “SELLERS”
- and -
Spouses LOUCELYN PANTALEON-LAO and REYGAN BUENO LAO, both of

legal ages, Filipinos and residing at Andalucia Crest, Gabi, Corodova, Lapu-Lapu
City, hereinafter called as the “PURCHASERS.”
WITNESSETH THAT:
WHEREAS, a Deed of Conditional Sale dated October 10, 2018 had been
entered and executed by the PARTIES over a parcel of land located at Canao-canao,
Tabogon, Cebu, with a total area of Thirteen Thousand Eight Hundred Eighty-Five
(13,885) square meters, more or less, known as Lot No. 4910 covered by Tax
Declaration No. 44-0006-02820, agreeing to a total purchase price of Nine Hundred
Twenty Thousand Pesos (P920,000.00) Philippine currency;
WHEREAS, the PURCHASERS paid the SELLERS the amount of Five

Hundred Twenty Thousand Pesos (P520,000.00) Philippine currency as partial
payment with an agreement to pay the balance of Four Hundred Thousand Pesos
(P 400,000.00) Philippine currency In August 2019;
WHEREAS, the PURCHASERS were unable to pay the balance of the

purchase price on the agreed date due to financial difficulties;
WHEREAS, the PARTIES appeared before the Barangay Captain of Canao-

canao, Tabogon, Juan E. Toliao, on January 11, 2020 and amicably settled their
dispute and agreed that the SELLERS return the downpayment of Five Hundred
Twenty Thousand Pesos (P 520,000.00) Philippine currency when said parcel of land
is sold to another buyer; the PARTIES have mutually agreed to CANCEL, RESCIND
and TERMINATE said Deed of Conditional Sale; the SELLERS have agreed to return
to the PURCHASERS all amounts paid by the latter; the PURCHASERS committed
not to make any more additional payments to the SELLERS and the SELLERS
likewise committed not to receive any more additional payments from the
PURCHASERS;
The PURCHASERS hereby acknowledge that they ceased possession of the

subject parcel of land in favor of the SELLERS upon failure to pay the balance of the
agreed price;
The purchase price paid by the new buyers, spouses Susan and Romel
Zanoria amounting to One Million Six Hundred Thousand (P1,600,000.00) Philippine
currency shall consist of the following:
1
First, Five Hundred Twenty Thousand Pesos (P520,000.00) Philippine
currency payable to the PURCHASERS made under the name of LOUCELYN
PANTALEON-LAO;
Second, One Million Eighty Thousand Pesos (P 1,080,000) Philippine currency
payable to the SELLERS made under the name of HAZIEL QUINAIN-PIANAR.
The payments shall be made upon the execution of the Extrajudicial

Settlement of Estate Among Heirs with Absolute Sale in favor of the new buyers
spouses Susan and Romel Zanoria.
The first buyers, PURCHASERS herein, hereby acknowledge to their entire

satisfaction the full refund of downpayment of Five Hundred Twenty Thousand Pesos
(P520,000.00) Philippine currency from the new buyers spouses SUSAN DEL
ROSARIO-ZANORIA and ROMEL MADRONA ZANORIA, which refund forms part of
the purchase price of the sale by the surviving heirs of Rosendo Lobidica Quinain and
Eusebia Sumalinog-Quinain of the subject property;
NOW, THEREFORE, for and in consideration of the foregoing premises, the

Deed of Conditional Sale dated October 10, 2018 between the SELLERS and the
PURCHASERS is hereby considered CANCELLED, RESCINDED and
TERMINATED upon full refund to the PURCHASERS amounting to Five Hundred
Twenty Thousand Pesos (P520,000) Philippine currency, receipt of which from the
new buyers spouses Susan and Romel Zanoria is hereby acknowledged by the
PURCHASERS to their entire satisfaction.
Both parties, SELLERS and PURCHASERS unconditionally waive and forever

release all rights, claims and interests in the property in favour of the said new buyers.
Herein SELLERS hereby acknowledge delivery of the possession of the

subject land to said new buyers spouses.
IN WITNESS WHEREOF, the PARTIES have hereunto set their names and
signatures this ______ day of February 2022 in Cebu City, Philippines.
SELLERS:
LESLIE QUINAIN-MAGDADARO MYRNA QUINAIN-BULHOT

Heir-Vendor Heir-Vendor
Senior Cit. Control No. 1764 Senior Cit. Control No. 5232
Issued in Tabogon, Cebu Issued in Consolacion, Cebu
on August 9, 2010 on December 3, 2018
WENIFREDO SUMALINOG QUINAIN WENEVINA MONDRANO-QUINAIN

Police Clearance Ref. No. 357 COMELEC VIN 2248-0053A-I0663WMQ20000-6
Issued in Tabogon Municipal Police Station on Issued in Tabogon Cebu
August 13, 2020
MERARIE QUINAIN-MAGDADARO RICHEL QUINAIN-TUMULAK
2
Unified Multipurpose CRN 0006-1794084-1 PhilHealth 12-025697132-7
GRACE QUINAIN-VILLANUEVA YBONIE QUINAIN-SASUMAN

Brgy Lahug Cert Ref. No. PLBK-5789-2021 CTU ID. No. 1192138
Issued on November 8, 2021
LALAINE QUINAIN-BALISBIS ELMER MONDRANO QUINAIN, JR.

COMELEC VIN 2248-0053B-I2290LMQ20000 LTO Lic. No. GO6-18-005383
Issued in Tabogon Cebu To expire on 9/5/2022
SHEDDON MONDRANO QUINAIN AMANCIA ORNOPIA-QUINAIN

COMELEC Voter’s Cert. dated 06/08/2021 Senior Cit. Control No. 0994
VIN 22480052AB2800SMQ10000-1 issued on Sept. 1, 2009
Issued in Tabogon Cebu in Tabogon, Cebu
FLORENDO ORNOPIA QUINAIN, JR. FLORDELIS QUINAIN PEDRANO

LTO Lic. No. GO1-12-011320 TIN 450-044-364-000
To expire on Nov. 4, 2023 Issued on March 13, 2020
FLORDICANTE ORNOPIA QUINAIN FLOR ORNOPIA QUINAIN

Philippine Identification Card 3785-2683 LTO Lic. No. GO5-07-002308
-6015-7130 To expire on Jan. 5, 2024
JULIET CUYOS QUINAIN CYNTHIA CUYOS QUINAIN

PhilHealth 12-025844195-3 Unified Multipurpose CRN 0113-0321520-3
HAZIEL QUINAIN-PIANAR ELDRID CUYOS QUINAN

Unified Multipurpose CRN 0111-0198828-2 COMELEC VIN 2219-0084A-H0184ECQ20000-7
3
Issued in Consolacion, Cebu
NELIA LOMONGO-QUINAIN SHERWIN LOMONGO QUINAIN

AFP ID No. NROTAG0019172 Philippine Passport No. P3996384b
Issued on Aug. 9, 2017 Issued in DFA-Cagayan de Oro
on Nov. 28, 2019
to expire on Nov. 27, 2029
represented via SPA by: represented via SPA by:
HAZIEL QUINAIN-PIANAR HAZIEL QUINAIN-PIANAR

Unified Multipurpose CRN 0111-0198828-2 Unified Multipurpose CRN 0111-0198828-2
SHELDON LOMONGO QUINAIN

Heir-Vendor
BIR TIN 341-024-742-000
Issued on Sept. 29, 2017
represented via SPA by:
HAZIEL QUINAIN-PIANAR
Unified Multipurpose CRN 0111-0198828-2
PURCHASERS:
LOUCELYN PANTALEON-LAO REYGAN BUENO LAO

Driver’s Licence No. G01-17-015280 Philippine Passport No: P7994409B
Expiry: 2026/09/28 Issued on: October 26, 2021
To expire on: October 25, 2031
Represented via SPA by:
LOUCELYN PANTALEON-LAO
Driver’s Licence No. G01-17-015280
Expiry: 2026/09/28
SIGNED IN THE PRESENCE OF:
______________________________ _____________________________
4
ACKNOWLEDGMENT
REPUBLIC OF THE PHILIPPINES)

City of Cebu ) SS
BEFORE ME, a Notary Public for and in the City of Cebu personally appeared
LESLIE QUINAIN-MAGDADARO, MYRNA QUINAIN-BULHOT, WENIFREDO
SUMALINOG QUINAIN, WENEVINA MONDRANO-QUINAIN, MERARIE QUINAIN-
MAGDADARO, RICHEL QUINAIN-TUMULAK, GRACE QUINAIN-VILLANUEVA, YBONIE
QUINAIN-SASUMAN, LALAINE QUINAIN-BALISBIS, ELMER MONDRANO QUINAIN, JR.,
SHEDDON MONDRANO QUINAIN, AMANCIA ORNOPIA-QUINAIN, FLORENDO
ORNOPIA QUINAIN, JR.,FLORDELIS QUINAIN-PEDRANO, FLORDICANTE ORNOPIA
QUINAIN, FLOR ORNOPIA QUINAIN, JULIET CUYOS-QUINAIN, CYNTHIA CUYOS
QUINAIN, HAZIEL QUINAIN-PIANAR, ELDRID CUYOS QUINAN, and the three (3) legal
heirs of EDWIN SUMALINOG QUINAIN, namely, NELIA LOMONGO-QUINAIN, SHERWIN
LOMONGO QUINAIN, SHELDON LOMONGO QUINAIN herein represented by HAZIEL
QUINAIN-PIANAR via a Special Power of Attorney notarized in Iligan City, Philippines,
LOUCELYN PANTALEON-LAO and REYGAN BUENO LAO herein represented by
LOUCELYN PANTALEON-LAO via a Special Power of Attorney notarized in the
Consulate General of the Philippines, City of Jedah, Saudi Arabia. who presented to me
sufficient and competent proof of their respective identity known to me and to be known
as the same persons who executed the foregoing CANCELLATION OF DEED OF
CONDITIONAL SALE and acknowledged to me that the same is their own free and
voluntary act and deed.
This instrument, consisting of five (5) pages including the page on which this
acknowledgement is written, has been signed in the left margin of each page thereof by
the affiants and their witnesses, and sealed with my notarial seal.
WITNESS MY HAND AND NOTARIAL SEAL this _____ day of February 2022 in
Cebu City, Philippines.
Doc. No. ____________;

Page No. ____________;
Book No. ____________;
Series of 2022.

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CANCELLATION OF DEED OF CONDITIONAL SALE

KNOW ALL MEN BY THESE PRESENTS:

This CANCELLATION OF DEED OF CONDITIONAL SALE is entered into by

The surviving heirs of the decedents ROSENDO LOBIDICA QUINAIN and

Spouses LOUCELYN PANTALEON-LAO and REYGAN BUENO LAO, both of

WHEREAS, the PURCHASERS paid the SELLERS the amount of Five

WHEREAS, the PURCHASERS were unable to pay the balance of the

WHEREAS, the PARTIES appeared before the Barangay Captain of Canao-

The PURCHASERS hereby acknowledge that they ceased possession of the

The payments shall be made upon the execution of the Extrajudicial

The first buyers, PURCHASERS herein, hereby acknowledge to their entire

NOW, THEREFORE, for and in consideration of the foregoing premises, the

Both parties, SELLERS and PURCHASERS unconditionally waive and forever

Herein SELLERS hereby acknowledge delivery of the possession of the

LESLIE QUINAIN-MAGDADARO MYRNA QUINAIN-BULHOT

WENIFREDO SUMALINOG QUINAIN WENEVINA MONDRANO-QUINAIN

MERARIE QUINAIN-MAGDADARO RICHEL QUINAIN-TUMULAK

GRACE QUINAIN-VILLANUEVA YBONIE QUINAIN-SASUMAN

LALAINE QUINAIN-BALISBIS ELMER MONDRANO QUINAIN, JR.

SHEDDON MONDRANO QUINAIN AMANCIA ORNOPIA-QUINAIN

FLORENDO ORNOPIA QUINAIN, JR. FLORDELIS QUINAIN PEDRANO

FLORDICANTE ORNOPIA QUINAIN FLOR ORNOPIA QUINAIN

JULIET CUYOS QUINAIN CYNTHIA CUYOS QUINAIN

HAZIEL QUINAIN-PIANAR ELDRID CUYOS QUINAN

NELIA LOMONGO-QUINAIN SHERWIN LOMONGO QUINAIN

represented via SPA by: represented via SPA by:

HAZIEL QUINAIN-PIANAR HAZIEL QUINAIN-PIANAR

SHELDON LOMONGO QUINAIN

represented via SPA by:

LOUCELYN PANTALEON-LAO REYGAN BUENO LAO

Represented via SPA by:

SIGNED IN THE PRESENCE OF:

REPUBLIC OF THE PHILIPPINES)

Doc. No. ____________;

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