Professional Documents
Culture Documents
Dacion en Pago
Dacion en Pago
-a n d-
WITNESSETH, THAT:
WHEREAS, the University has in fact paid P15 Million in cash upon the
signing of the 1997 MOA, leaving a balance of P85 Million out of the P100 Million
consideration of the 1997 MOA to be paid by dacion en pago;
1
Memorandum of Agreement dated 27 February 1997
2
Implementing Agreement dated 2 February 2006
2
WHEREAS, under the terms and conditions of the Transfer of titles, the
parties agreed that:
The SCHOOL and the UNION shall file a joint motion with
the Office of the Secretary of Labor in NCMB-RB-8-NS-04-024-88
for the withdrawal and release of the 217 duplicate original
transfer certificates of titles to enable the SCHOOL, at its own
expense, to transfer and register these titles in the name of the
UNION in trust and for the benefit of all employees, whether
members of the union or not including but not limited to the MERIN
GROUP and the ABDON GROUP.
WHEREAS, it is noted that the MERIN group has annotated their adverse
claim over all the 217 titles to be delivered by the UNIVERSITY to the UNION in
trust and for the benefit of all employees, whether members of the union or not
including but not limited to the MERIN GROUP and the ABDON GROUP, merely
3
Joint Motion to Terminate and Close Case with Prejudice dated 21 February 2006. filed with DOLE
4
Joint Motion to Terminate and Close Case with Prejudice dated 21 February 2006, file with SC
5
Resolution of DOLE Secretary dated 13 March 2006
3
to establish its legal interest over these 217 titles pending the distribution of the
same among the UNION, the MERIN Group and the ABDON Group.
WHEREAS, the implementation of the 1997 MOA and the filing of the
Joint Motions to Close and Terminate Case with prejudice shall cause the
immediate withdrawal and/or dismissal of the following cases:
14; and along line 2-3 by lot 15; on the SE along line 3-4 by lot 17;
and the SW along line 4-5 by road lot 5; and on the NW along line
5-1 by lot 11, all of the consolidation-subdivision plan, containing an
area of TWO HUNDRED FIFTY SEVEN (257) SQUARE METERS,
more or less, in the name of DIVINE WORD UNIVERSITY, INC.
4851, 4852, 4853, all of the Tacloban Cadastre, & Lot 3264-D
(LRC) Psd-288677, situated in the Barangay of Caibaan, City of
Tacloban, Island of Leyte. Bounded on the NE along lines 3-4-5 by
Road Lot 5; on the SE along line 5-6 by Lot 33 of the consolidation-
subdivision plan; along 6-1 by Lot 4845, Tacloban Cadastre; on the
SW along line 1-2 by Lot 3258, Tacloban Cadstre; and on the NW
along line 2-3 by Lot 31, all of the consolidation subdivision plan,
containing an area of FIVE HUNDRED EIGHTY THREE (583)
SQUARE METERS, more or less, in the name of DIVINE WORD
UNIVERSITY, INC.
34; on the NE along line 4-1 by Road Lot 5, all of the consolidation
subdivision plan, containing an area of TWO HUNDRED FORTY
(240) SQUARE METERS, more or less, in the name of DIVINE
WORD UNIVERSITY, INC.
4851, 4852, 4853, all of the Tacloban Cadastre, & Lot 3264-D
(LRC) Psd-288677, situated in the Barangay of Caibaan, City of
Tacloban, Island of Leyte. Bounded on the NE along line 3-4 by Lot
43 of the consolidation subdivision plan; on the SE along line 4-5 by
Lot 4845, Tacloban Cadastre; on the SW along line 5-1 by Lot 41,
and on the NW along line 1-2-3 by Road Lots 5, all of the
consolidation subdivision plan, containing an area of FIVE
HUNDRED SIXTY FIVE (565) SQUARE METERS, more or less, in
the name of DIVINE WORD UNIVERSITY, INC.
3287, 3288, 3289, 3290, 3291, 3292, 3293, 3202, 4840, 4841,
4851, 4852, 4853, all of the Tacloban Cadastre, & Lot 3264-D
(LRC) Psd-288677, situated in the Barangay of Caibaan, City of
Tacloban, Island of Leyte. Bounded on the NE along line 4-1 by lot
6; on the SE along line 1-2 by lot 7; on the SW along line 2-3 by
road lot 7; and on the NW along line 3-4 by lot 3,, all of the
consolidation subdivision plan, containing an area of TWO
HUNDRED FORTY (240) SQUARE METERS, more or less, in the
name of DIVINE WORD UNIVERSITY, INC.
barangay road; on the SE along line 3-4 by lot 14; on the SW along
line 4-1 by lot 11; and on the NW along line 1-2 by lot 10, all of the
consolidation subdivision plan, containing an area of ONE
HUNDRED EIGHTY (180) SQUARE METERS, more or less, in the
name of DIVINE WORD UNIVERSITY, INC.
barangay road; on the SE along line 3-4 by lot 20; on the W along
line 2-1 by lot 17; and on the NW along line 1-2 by lot 18, all of the
consolidation subdivision plan, containing an area of TWO
HUNDRED EIGHTY NINE (289) SQUARE METERS, more or less,
in the name of DIVINE WORD UNIVERSITY, INC.
3287, 3288, 3289, 3290, 3291, 3292, 3293, 3202, 4840, 4841,
4851, 4852, 4853, all of the Tacloban Cadastre, & Lot 3264-D
(LRC) Psd-288677, situated in the Barangay of Caibaan, City of
Tacloban, Island of Leyte. Bounded on the NE along line 1-2 by lot
28 of the consolidation subdivision plan; on the SE along line 2-3 by
lot 4825, Tacloban Cadastre; on the SW along line 3-4 by lot 30;
and on the NW along line 4-1 by road lot 6, all of the consolidation
subdivision plan, containing an area of TWO HUNDRED FIFTY SIX
(256) SQUARE METERS, more or less, in the name of DIVINE
WORD UNIVERSITY, INC.
and on the NW along line 1-2 by road lot 6, all of the consolidation
subdivision plan, containing an area of THREE HUNDRED TWO
(302) SQUARE METERS, more or less, in the name of DIVINE
WORD UNIVERSITY, INC.
3; on the SE along line 1-2 by lot 5; on the SW along line 2-3 by lot
10; and on the NW along line 3-4 by lot 10, all of the consolidation
subdivision plan, containing an area of TWO HUNDRED SIXTY SIX
(266) SQUARE METERS, more or less, in the name of DIVINE
WORD UNIVERSITY, INC.
road lot 2; on the SE along line 4-5 by road lot 5; on the SW along
line 5-1 by lot 8; and on the NW along line 1-2 by lot 6, all of the
consolidation subdivision plan, containing an area of TWO
HUNDRED EIGHTY SIX (286) SQUARE METERS, more or less, in
the name of DIVINE WORD UNIVERSITY, INC.
3-4 by lot 13; and on the NW along line 4-1 by lot 8, all of the
consolidation subdivision plan, containing an area of TWO
HUNDRED FORTY (240) SQUARE METERS, more or less, in the
name of DIVINE WORD UNIVERSITY, INC.
road lot 2; and on the NW along line 4-1 by lot 36, all of the
consolidation subdivision plan, containing an area of ONE
HUNDRED THIRTY NINE (139) SQUARE METERS, more or less,
in the name of DIVINE WORD UNIVERSITY, INC.
34 (road lot); on the SE along line 3-4 by lot 47; on the SW along
line 4-1 by lot 46; and on the NW along line 1-2 by lot 43, all of the
consolidation subdivision plan, containing an area of ONE
HUNDRED EIGHT (108) SQUARE METERS, more or less, in the
name of DIVINE WORD UNIVERSITY, INC.
18; on the SE along line 1-2 by lot 12; on the SW along line 2-3 by
lot 34 (road lot); and on the NW along line 3-4 by block 22,, all of
the consolidation subdivision plan, containing an area of ONE
HUNDRED EIGHT (108) SQUARE METERS, more or less, in the
name of DIVINE WORD UNIVERSITY, INC.
17 (road lot); on the SE along line 4-1 by lot 28; on the SW along
line 1-2 by lot 27; and on the NW along line 2-3 by lot 24, all of the
consolidation subdivision plan, containing an area of ONE
HUNDRED EIGHT (108) SQUARE METERS, more or less, in the
name of DIVINE WORD UNIVERSITY, INC.
32; on the SE along line 2-3 by road lot 2; on the SW along line 3-4
by lot 34 (road lot); and on the SW along line 4-1 by lot 31, all of the
consolidation subdivision plan, containing an area of ONE
HUNDRED THIRTY TWO (132) SQUARE METERS, more or less,
in the name of DIVINE WORD UNIVERSITY, INC.
road lot 2; on the SE along line 3-4 by lot 9; on the SW along line 4-
1 by lot 8; and on the NW along line 1-2 by lot 5, all of the
consolidation subdivision plan, containing an area of ONE
HUNDRED EIGHT (108) SQUARE METERS, more or less, in the
name of DIVINE WORD UNIVERSITY, INC.
13; on the SE along line 1-2 by lot 16; on the SW along line 2-3 by
lot 17 (road lot); and on the NW along line 3-4 by lot 12, all of the
consolidation subdivision plan, containing an area of ONE
HUNDRED EIGHTY (180) SQUARE METERS, more or less, in the
name of DIVINE WORD UNIVERSITY, INC.
19; on the SE along line 2-3 by road lot 6; on the SW along line 3-4
by lot 21; and on the NW along line 4-1 by lot 22, all of the
consolidation subdivision plan, containing an area of TWO
HUNDRED FIVE (205) SQUARE METERS, more or less, in the
name of DIVINE WORD UNIVERSITY, INC.
24, along line 5-1 by lot 25; on the SE along line 1-2 by lot 26; on
the SW along line 2-3 by road lot 2; and on the NW along line 3-4
by lot 28, all of the consolidation subdivision plan, containing an
area of TWO HUNDRED EIGHTY EIGHT (288) SQUARE
METERS, more or less, in the name of DIVINE WORD
UNIVERSITY, INC.
12; on the SE along line 2-3 by lot 13; on the SW along line 3-4 by
road lot 2; and on the NW along line 4-1 by lot 8, all of the
consolidation subdivision plan, containing an area of TWO
HUNDRED FORTY (240) SQUARE METERS, more or less, in the
name of DIVINE WORD UNIVERSITY, INC.
road lot 7; on the SE along line 3-4 by lot 5; on the SW along line 4-
1 by lot 3; and on the NW along line 1-2 by lot 2, all of the
consolidation subdivision plan, containing an area of TWO
HUNDRED FORTY (240) SQUARE METERS, more or less, in the
name of DIVINE WORD UNIVERSITY, INC.
road lot 7; on the SE along line 5-1 by lot 3; on the SW along line 1-
2 by lot 2; and on the NW along line 2-3 by road lot 7, all of the
consolidation subdivision plan, containing an area of TWO
HUNDRED FORTY FIVE (245) SQUARE METERS, more or less,
in the name of DIVINE WORD UNIVERSITY, INC.
7; on the SE along line 2-3 by lot 10; on the SW along line 3-4 by
road lot 6; and on the NW along line 4-1 by lot 6, all of the
consolidation subdivision plan, containing an area of TWO
HUNDRED SEVENTY NINE (279) SQUARE METERS, more or
less, in the name of DIVINE WORD UNIVERSITY, INC.
13; on the SE along lines 4-5-6 by road lot 7; on the SW along line
6-7 by lot 6; and on the NE along lline 2-3 by lot 11, all of the
consolidation subdivision plan, containing an area of THREE
HUNDRED SEVENTY (370) SQUARE METERS, more or less, in
the name of DIVINE WORD UNIVERSITY, INC.
18; on the SE along line 2-3 by lot 19; on the SW along line 3-4 by
road lot 7; and on the NW along line 4-1 by lot 15, all of the
consolidation subdivision plan, containing an area of TWO
HUNDRED THIRTY EIGHT (238) SQUARE METERS, more or
less, in the name of DIVINE WORD UNIVERSITY, INC.
That the UNION will receive the foregoing TITLES in trust and for the
benefit of all employees, whether members of the union or not including but not
limited to the MERIN GROUP and the ABDON GROUP, as full settlement of the
school’s obligations, without prejudice to the Union’s pending case before the
Supreme Court, specifically G.R. No. 174998.
By: By:
By:
Asssisted by:
__________________ ________________
67
ACKNOWLEDGMENT
all known to me to be the same persons who executed the foregoing instrument
and they acknowledged to me that the same is their own free act and deed.