EXTRA-JUDICIAL SETTLEMENT OF REAL ESTATE

WITH WAIVER AND RENUNCIATION OF RIGHTS

KNOW ALL MEN BY THESE PRESENTS:

WHEREAS, CECILIA LAUREL-SALAZAR, died intestate at Brgy. Poblacion 4,

Talisay, Batangas on February 13, 2000 leaving no will nor debts settled to date but leaving
three (3) parcels of land situated at Brgy. Miranda, Talisay, Batangas;

WHEREAS, at the time of her death, she left as forced heirs, the following and to
wit:
1. JUANITO L. SALAZAR, married, of legal age, Filipino citizen and a
resident of Brgy. Poblacion 4, Talisay, Batangas;

2. MILAGROS L. SALAZAR, single, of legal age, Filipino citizen and a

resident of Brgy. Poblacion 4, Talisay, Batangas;

3. HERMOGENES L. SALAZAR, married to Ma. Teresa Lacanlale, of legal

age, Filipino citizen and a resident of Brgy. Poblacion 4, Talisay,
Batangas;

WHEREAS, they are all her legal heirs by reason of the fact that they are all her
legitimate children and who are supposed to inherit by way of intestate succession;

WHEREAS, at the time of her death, she left three (3) parcels of land together with
improvement thereon and more particularly described and bounded as follows:

A parcel of residential land situated at Brgy. Miranda, Talisay, Batangas containing

an area of Four Hundred Twenty Nine (429) Square Meters, more or less; bounded on the
North by Willie Revillame; on the East by Bo. Road; on the South by Pedro Laurel; and on
the West by Coco Martin; covered by Tax Declaration No. 014-01724 of the Assessors
Office of Talisay, Batangas with an assessed value of P18,020.00

A parcel of agricultural land situated at Brgy. Miranda, Talisay, Batangas containing

an area of Three Thousand Five Hundred Seventy Two (3,572) Square Meters, more or
less; bounded on the North by Piolo Pascual; on the East by Sharon Cuneta; on the South
by Benigno Aquino; and on the West by Charo Santos; covered by Tax Declaration No. 01402417 of the Assessors Office of Talisay, Batangas with an assessed value of P16,780.00

A portion on a parcel of agricultural land situated at Brgy. Miranda, Talisay,

Batangas containing an area of One Thousand Five Hundred (1,500) Square Meters, more
or less; bounded on the North by Mitche Mae Rojas; on the East by Bo. Road; on the South
by Camille Rojas; and on the West by Bignay River; covered by Tax Declaration No. 01302013 of the Assessors Office of Talisay, Batangas with assessed value of P7,050.00

WHEREAS, in view of the above facts and circumstances, we are therefore coowners and to terminate co-ownership over the same, we hereby adjudicate over the same
in pro-indiviso sharing pursuant to Section 1, Rule 74 of the Rules of Court of the
Philippines, subject to the liabilities imposed by Section 4, of the same Rule;

WAIVER OF RIGHTS

WHEREAS, I, JUANITO L. SALAZAR (whose personal circumstances is mentioned

above) have agreed and covenanted to CEDE, TRANSFER and CONVEY unto my co-heirs
MILAGROS

L.

SALAZAR

and

HERMOGENES

L.

SALAZAR

(whose

personal

circumstances are mentioned above), their heirs and assigns the full ownership and
possession of the above-described properties.

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

and renounced, as by these presents I hereby WAIVE and RENOUNCE my share, right and
participation over the above-described properties.

That the above-described properties has not yet been registered under Act 496 nor
under the Spanish Mortgage Law and that the herein parties do hereby agree
to register this instrument under the provision of Act 3344, as amended.

IN WITNESS WHEREOF, we have hereunto set our hands, this____day of

___________, 2000 at City of Tanauan, Batangas, Philippines.

JUANITO L. SALAZAR

MILAGROS SALAZAR

HERMOGENES SALAZAR

SIGNED IN THE PRESENCE OF:

1.

__________________________

____________________________

REPUBLIC OF THE PHILIPPINES )

CITY OF TANAUAN
PROVINCE OF BATANGAS

: S.S.
)

2.

BEFORE ME, a Notary Public for and in the City above-stated, this
____day of __________, 2010 appeared the following persons with their
Community Tax Certificate Nos. and to wit:
Name

CTC No.

Date of Issue

Place of

Issue
Juanito

L.

Salazar

15181724

January

25,

2000

Talisay,

15181725

January

25,

2000

Talisay,

25,

2000

Talisay,

Batangas
Milagros

L.

Salazar

Batangas
Hermogenes

Salazar

15181726

January

Batangas
and claim to me that they are the very same persons who executed the
foregoing instrument and acknowledge to before me that the same are their free
act and voluntary deed.
I HEREBY CERTIFY that this instrument which pertains to an Extra-Judicial
Settlement of Real Estate with Waiver and Renunciation of Rights consist of two
(2) pages including this page have been signed by the parties and their two (2)
instrumental witnesses on the left hand margin of each of the first and second
page and on the top of their typewritten names of each of the second page.
WITNESS MY HAND AND NOTARIAL SEAL on the date and place first
above-written.
Doc. No. _______
Page No. _______
Book No. _______
Series of 2000