Extra Judicial Settlement of Estate With Waiver

EXTRA JUDICIAL SETTLEMENT OF ESTATE WITH WAIVER

KNOWN ALL MEN BY THESE PRESENTS: That We, Heirs of ERNESTO OBIAS TAGLE, herein represented by her son, RUMANDITO V. OSEA, of legal age, married to MARLENE OSEA, Filipino and resident of San Roque, Bato, Camarines Sur; Heirs of DIOSCURO VARDE, herein represented by his daughter, LYDIA VARDE, of legal age, single, Filipino and resident of San Juan, Bato, Camarines Sur; Heirs of PILAR VARDE POTIAN, herein represented by her daughter, AIDA P. MAGISTRADO, of legal age, widow, Filipino and resident of San Roque, Bato, Camarines Sur and Heirs of ESPERANZA VARDE REBULADO, herein represented by the heirs of ENRICA R. SENDON, namely: FERNANDO R. SENDON, widower and FRANCIA S. ALTAMERA married to FERNANDO P. ALTAMERA; all of legal age, Filipino and residents of San Vicente Ogbon, Nabua, Camarines Sur do hereby declare and manifest, THAT; WHEREAS, AGRIPINO VARDE died intestate on ____________________ at San Roque Bato, Camarines Sur, which is his residence at the time of his death, leaving an instate estate, part of which is a parcel of land situated at San Roque, Bato, Camarines Sur, Philippines, more particularly described as follows: “A portion of a parcel of Agricultural Land designated as Lot No. 3966 prt, containing an area of 0.1440 ha., bounded on the NORTH by Prov’l Road, on the EAST by Simon Landagan, on the SOUTH by Lot . 3966 prt. and on the WEST by Primitivo Intia in the name of Ernesto Obias Tagle under ARP No. 97-010-0271 with an assessed value of Php 1,560.00 effective 1998”

WHEREAS, the above-named decedent left to known debt or obligations which remain unpaid and unsettled and chargeable against his estate; WHEREAS, we are the heirs of the above-named decedent, entitled to and have the right to succeed his estate, particularly the above-described property, by right of representation to our respective parents, they being the legitimate children siblings of the decedent and we are beings his grandchildren; NOW THEREFORE, for and in consideration of the foregoing premises and invoking Sec. 1, Rule 74 of the Rules of Court, we do hereby adjudicate unto ourselves the above-described property, subject only to contingent liabilities to creditors, heirs and other persons who might have been deprived of lawful participation therein accordance with Sec. 4, Rule 74 of the Rules of Court.

WAIVER

That we, the above named parties, except the Heirs of ENRICA R. SENDON, whose names, juridical capacities and other personal circumstances are above-cited, for and in consideration of our love and concern for the Heirs of ENRICA R. SENDON, their heirs and assigns, and recognize them as the absolute owner thereof; That the above-described property is a registered land and we, the parties here to agree to record this instrument in the office of the Register of Deeds of the Province of Camarines Sur under the provision of Sec. 113 of PD 1529, otherwise known as the Property Registration Decree of the Philippines; That the above-described property is not tenanted by any agricultural lessee hence not subject to preemption under Sections 11 and 12 of R.A. 3844, otherwise known as the Land Reform Code of the Philippines, nevertheless to Article 1623 of the Civil Code of the Philippines. IN WITNESS WHEREOF, we have hereunto set our hands this ___ day of ______________ 2013 at Nabua, Camarines Sur, Philippines.

Heirs of Eusebia V. Osea

Heirs of Dioscuro Varde

Heirs of Pilar Varde Potian

By: RUMANDITO V. OSEA Adjudicate/Waivant

By: LYDIA VARDE Adjudicate/Waivant

By: AIDA P. MAGISTRADO Adjudicate/Waivant

With our conformity: Heirs of Esperanza V. Rebulado By: The Heirs of Enrica R. Sendon

FERNANDO R. SENDON Adjudicate/Waivant

FRANCIA S. ALTAMERA Adjudicate/Waivant

SIGNED IN THE PRESENCE OF: ________________________________ WITNESSS _______________________________________ REPUBLIC OF THE PHILIPPINES) PROVINCE OF CAMARINES SUR) S.S. MUNICIPALITY OF NABUA) BEFORE ME, NOTARY PUBLIC for in the Province of Camarines Sur, including the cities of Naga and Iriga, personally appeared the following persons who has satisfactorily proven to me their respective Community Tax Certificate/I.D.’s to wit: NAME

CTC/I.D. NO.

DATE/PLACE OF ISSUE

RUMANDITO V. OSEA LYDIA VARDE AIDA P. MAGISTRADO FERNANDO R. SENDON FRANCIA S. ALTAMERA

________________________________________________________ ________________________________________________________ ________________________________________________________ SSS ID NO. 03-1910536-6 AUGUST 1968 _______________________________________________________

That they are the same persons who executed and voluntary signed the foregoing Extrajudicial Settlement Estate with Waiver, which they acknowledged before me as their own free and voluntary act and deed. This instrument consisting of two (2) pages including this whereon the acknowledgment has been signed by the parties and their instrumental witnesses on each day and every page thereof, and relates to one (1) parcel of land only. WITNESS MY HAND AND OFFICIAL SEAL this _____ day of ________________, 2013 at Nabua, Camarines Sur, Philippines.

Doc. No. _______________ Book No. _______________ Page No. _______________ Series of 2013