EXTRA-JUDICIAL SETTLEMENT OF ESTATE

WITH WAIVER OF SHARE

KNOW ALL MEN BY THESE PRESENTS:
We, MARGARITA DURANO, widow of RAFAEL P. DURANO, of legal age,
Filipino and a resident of Brgy. Begong, Tigbao, Zamboanga del Sur and
JOSEFINO S. DURANO, RAMASANDO S. DURANO, EVELYN S. DURANO-CASIO,
RAFAEL DURANO, JR., JONICA BIANCA C. DURANO and JONNIELLE JADE C.
DURANO, heirs of Joraevelo S. Durano, AND ROBERT S. DURANO, who are all
of legal ages, do hereby declare as follows:
1. That the above-named parties are the widow and legitimate children
and the sole and compulsory heirs of the deceased RAFAEL P. DURANO
who died on _____________ at _____________;
2. That the decedent died intestate, without leaving any Last Will or
Testament and without leaving any debts or accounts whatsoever;
3. That the decedent left the following parcel of land which is conjugal
and owned in common with his wife, the herein _____________;
(Technical Description of Property)
4. That pursuant to Section 1, Rule 74 of the Revised Rules of Court of the
Philippines, and the parties herein being all of age and full civil
capacity, they have agreed to divide as they do hereby divide and
adjudicate, the real properties, above-described as follows:
_________________________;
5. That we hereby affirm that we have executed the this instrument out of
our own free will without force, intimidation or violence upon our
person, and that we have hereby 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;
6. That I _____________, for my part and for and in consideration of the
sum of _____________ (P_____________), Philippine Currency, to me in
hand paid by my herein above-named children to wit, _____________,
_____________ and _____________, I do hereby SELL, TRANSFER and
CONVEY unto my said children all my rights, interest and participation
in the above described parcel of land, do hereby WAIVE all my rights,
interest and participation in the above-described parcel of land, in
favor of all my above-named children, share and share alike, pro
indiviso.

IN WITNESS WHEREOF, we have hereunto set our hands this

_____________ at _____________, Philippines.

WIDOW

CHILD

CHILD

CHILD

SIGNED IN THE PRESENCE OF:

__________________

__________________

(ACKNOWLEDGMENT)