Memorandum of Agreement

 

MEMORANDUM OF AGREEMENT KNOW ALL MEN BY THESE PRESENTS: This Agreement, entered by and between: AGATONICA S. POLANGCO, POLANGCO, of legal age, Filipino citizen and resident of PILAR, Siargao Island, Surigao del Norte, Philippines, (hereinafter referred to as the

"FIRST PARTY”)

- and –  and –   MARDONIO C. SEVILLA, EREBERTA S. ANITO, VEVINCIO C. SEVILLA, JR., IMELDA S. FLORES, FERDINAND C. SEVILLA, MELINCIO C. SEVILLA represented by SUSAN RAVELO and ROLANDO C. SEVILLA represented by MARILYN SEVILLA, of legal age, Filipino citizen, married and resident of, Brgy. Sta. Fe, General Luna, Surigao del Norte, Philippines, (hereinafter referred to as the "SECOND PARTY”)

WITNESSETH: WHEREAS,, the FIRST PARTY executed a WAIVER over the following parcel of lands: WHEREAS “A parcel of Land located at Brgy. Sta. Fe, General Luna, Surigao del Norte, Philippines with Lot No. 8060-P 8060-P,, with Tax Declaration No.: 2017-10-017-00112; Property Identification No. 048-10-017-03-017; with the following Boundaries: N.: Lot # 8049; E.: Lot #8061; S.: Lot # 8059; W.: Lot # 8059; Lot# 80582; with a total area of 2,254 square meters; under the name of Valentino Sevilla”  Sevilla”  “A parcel of Land located at Brgy. Sta. Fe, General Luna, Surigao del Norte, Philippines with Lot No. No. 8058, 8058, with Tax Declaration No.: 2017-10-017-00114; 2 017-10-017-00114; Property Identification No. 048-10-017-03-019; with the following Boundaries: N.: Lot # 8060-P; E.: Lot #8059; S.: Lot # 8230; W.: Lot # 9082; with a total area of 565 square meters; under the name of Valentino Valenti no Sevilla”  Sevilla”  -and“A parcel of Land located at Brgy. Sta. Fe, General Luna, Surigao del Norte, Philippines with Lot No. 8059 8059,, with Tax Declaration No.: 2017-10-017-00113; Property Identification No. 048-10-017-03-018; with the following Boundaries: N.: Lot # 8060-P; E.: Lot #8060-P; S.: Lot # 8230; W.: Lot # 8058; with a total area of 1,237 square meters; under the name of Valentino Sevilla”  Sevilla” 

WHEREAS,, the SECOND PARTY and the WHEREAS the FIRST PARTY hereby agrees agrees to the following: 1. That whenever any of the above-stated property gets sold for any amount the FIRST PARTY shall be included as one share together with the other heirs of Vevincio Sevilla;

 

  2. That both parties agree that a total of EIGHT SHARES shall be made whenever any of the above-stated properties will be sold to any third person; 3. That ONE whole share out of the eight shares stated in the immediately preceding paragraph shall be given to the FIRST PARTY; 4. That the waiver of the First Party will constitute as transfer of rights and ownership to the second party as Heirs of Vevincio Sevilla; NOW, THEREFORE, THEREFORE, we hereby affirm that we have executed this instrument out of our own free will without force, intimidation or violence upon our person, and that we have already received our just and proper share and have no more claim or demand against each other in connection with the adjudication of the above-described parcel of land.  IN WITNESS WHEREOF, the parties have hereunto affixed their signatures this  _____________ at the _____________, _________ ____, Philippines.

 _______________________ ___  __________________________ AGATONICA S. POLANGCO I.D. type _______________ I.D. No. ________________

___________________________ _________________________ __ MARDONIO C. SEVILLA I.D. type _______________ I.D. No. ________________

 __________________ EREBERTA S. ANITO I.D. type _______________ I.D. No. ________________

_________________________ VEVINCIO C. SEVILLA, JR. I.D. type _______________ I.D. No. ________________

 __________________ IMELDA S. FLORES I.D. type _______________ I.D. No. ________________

__________________________ _________________________ _ FERDINAND C. SEVILLA I.D. type _______________ I.D. No. ________________

 __________________ SUSAN RAVELO I.D. type _______________ I.D. No. ________________

__________________________ _________________________ _ MARILYN SEVILLA I.D. type _______________ I.D. No. ________________

SIGNED IN THE PRESENCE OF:

 ______________________

_________________________

 

  REPUBLIC OF THE PHILIPPINES ) PROVINCE OF SURIGAO DEL NORTE) S.S. X-------------------------------------x

ACKNOWLEDGEMENT BEFORE ME, a Notary Public for and in the Province of Surigao del Norte, personally appeared the following persons, with their respective proof of their identification as follows: Name 1. AGATONICA S. POLANGCO 2. MARDONIO C. SEVILLA 3. EREBERTA S. ANITO 4. VEVINCIO C. SEVILLA, JR. 5. IMELDA S. FLORES 6. FERDINAND C. SEVILLA 7. SUSAN RAVELO 8. MARILYN SEVILLA

I.D. Nos. _______________________ _______________________ _______________________ _______________________ _______________________ _______________________ _______________________ _______________________

whom I have identified through competent evidence of identity and who represented to me that their respective signatures on the foregoing instrument were voluntarily affixed by them for the purposes stated in the instrument and who declared that they have executed the foregoing instrument as their free and voluntary act and deed. This Instrument consists of only three (3) page/s, including this page in which this acknowledgment is written, duly signed by the parties and his instrumental witnesses on each and every page hereof. WITNESS MY HAND AND SEAL this ____ day of _______2019 at Surigao del Norte, Philippines.

NOTARY PUBLIC

Doc. No. ______; Page No. ______; Book No.______; Series of 2019.