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DEED OF DONATION

KNOW ALL MEN BY THESE PRESENTS:

This DEED OF DONATION is made and executed in _________________, Philippines,


by ARTURO U. BAGSIT, married to Beatriz Legaspi, ALBERT U. BAGSIT, married to
Geraldine Guillen, ALFRED U. BAGSIT, married to Susan Forteza and ASTRA REALTY
CORPORATION represented by its President, __________________, all of legal age, Filipino
citizens and with postal address at Batangas City, hereinafter called the DONOR;

- in favor of -

SOROSORO IBABA DEVELOPMENT COOPERATIVE (SIDC), a duly registered


cooperative under the Cooperative Development Authority and with business address at
Sorosoro Ibaba, Batangas City represented by its Chief Executive Officer, HON. RICO B.
GERON hereinafter called the DONEE.

WITNESSETH:

WHEREAS, the Donor is the absolute owners of that certain real properties situated at
Sorosoro Ibaba, Batangas City and more particularly described as follows:

Parcel One: TAX DECLARATION NUMBER 088-02131

“A parcel of land (Sugarland) located in Sorosoro, Batangas City, containing an area of


ONE HUNDRED FORTY TWO THOUSAND ONE HUNDRED FIFTY EIGHT SQUARE
METERS (142, 158 sq. m.), more or less. Bounded on the North by River, Creek; on the South
by ALN 007, 009, CREEK; on the East, ALN 002, 003, Creek; and on the West by ALN 007,
Creek, Cadastral Lot No. 4576. x x x x x.”

Parcel Two: TAX DECLARATION NUMBER 088-02132

“A parcel of land (Sugarland) located in Sorosoro Ibaba, Batangas City, containing an area
of THIRTY THREE THOUSAND SEVEN HUNDRED TWENTY SQUARE METERS (33,720 sq.
m.), more or less. Bounded on the North, NE Creek; on the South, SW ALN 006; on the East,
SE Creek; and on the West, NW Creek. Cadastral Lot No. 4578 pt. x x x x x.”

NOW THEREFORE, for and in consideration of the love and affection of the Donor for
the Donee, the said Donor by these presents hereby cedes, transfers, and conveys, by way of
donation, unto said Donee the real property above described, together with all the buildings and
improvements existing thereon, free and clear of all liens and encumbrances.

That the Donor hereby states that, for the purpose of giving effect to the donation, they
has reserved for themselves in full ownership sufficient property to support him in a manner
appropriate to his needs.

ACCEPTANCE

That the Donee hereby accepts the foregoing donation of the above-described property
for which he/she expresses his/her sincerest appreciation and gratitude for the kindness and
liberality shown by the Donor.

IN WITNESS WHEREOF, the parties hereto have hereunto set their hands at the place
first above written, on this _____ day of _____, 20__.

_____________________ With Marital Consent:


ARTURO U. BAGSIT
DONOR ___________________

BEATRIZ U. BAGSIT

___________________ With Marital Consent:


ALFRED U. BAGSIT
DONOR __________________
SUSAN FORTEZA
____________________ _______________________________
GERALDINE GUILLEN BY: ASTRA REALTY CORPORATION
(for the deceased husband DONOR
ALBERT U. BAGSIT)
DONOR

Accepted:

__________________________
HON. RICO B. GERON
DONEE

Signed in the presence of:

__________________________ ___________________________

ACKNOWLEDGMENT

Republic of the Philippines )


City of Batangas ) S.S

BEFORE ME, personally came and appeared:

Name CTC Number Date/Place Issued

1. ARTURO U. BAGSIT ______________ _______________________


2. ALBERT U. BAGSIT ______________ _______________________
3. ALFRED U. BAGSIT ______________ _______________________
4. For ASTRA REALTY CORPORATION ______________ _______________________
5. HON. RICO B. GERON 30627998 January 11, 2017 / Batangas City

Known to me and to me known to be the same persons who executed the foregoing instrument and
acknowledged to me that the same is their free and voluntary act and deed.

This Deed of Donation consisting of ________ ( ) page/s, including the page on which
this acknowledgement is written, has been signed on each and every page thereof by the concerned
parties and their witnesses, and sealed with my notarial seal.

WITNESS MY HAND AND SEAL, on the date and place first above written.

Notary Public

Doc. No._______;
Page No. ______;
Book No.______;
Series of 20____.