1

WAIVER OF RIGHTS

KNOW ALL MEN BY THESE PRESENTS;

I, Karen B. Guivencan of legal age, Filipino, single, and a resident of Dimiao,

Bohol, Philippines, subscribing on oath, depose and state, That –

I] I am no longer interested over the parcel of land, situated in the Barrio of Gusa,
City of Cagayan De Oro, Island of Mindanao, covered by Transfer Certificate of
Title No. T-52415 and registered in the name of Leonardo Guivencan married to
Rosalinda B. Guivencan, containing a total area of, more or less, TWO
HUNDRED SEVENTY SEVEN (277)) SQUARE METERS and more
particularly described as follows:

TRANSFER CERTIFICATE OF TITLE NO. T-52415

 A PARCEL OF LAND (Lot 7, Block 27 of the subdivision plan (LRC) Psd-

82838, being a portion of lot 2388, Cagayan Cadastral, L.R.C. Cad. Rec.
No.1569) situated in the Barrio of Gusa, City of Cagayan De Oro, Island of
Mindanao, bounded on the NE., points 4 to 6, road lot 5; on the SE., points 6 to 1,
by Lot 10; on the SW., points 1 to 2, by Lot 9; points 2 to 3, by Lot 8; on the
NW., points 3 to 4, by Lot 5, all of Block 27, of the subdivision plan.

Beginning at a point marked “1” on plan being

S. 2 deg. 18’ W., 325.79 m. from BLLM No. 10,Cagayan Cadastre
thence N. 15 deg. 49’ W., 7.00 m. to point 2
thence N. 15 deg. 49’ W., 10.00 m. to point 3
thence N. 82 deg. 43’ E., 18.13 m. to point 4
thence S. 10 deg. 12’ E., 4.72 m. to point 5
thence S. 14 deg. 13’ E., 10.00 m. to point 6
thence S. 75 deg. 27’ W., 17.19 m. to point of beginning
All points referred to are indicated on the plan and are marked on the ground by
P.S. Cyl. Mons., 15x60 cms.; bearings true; declination 1 deg vision survey,
Nov 4-15 n& 28-30 Dec.136-21, 1967. xxxxxxxxxxxxxxxxxxx

II] I hereby voluntarily waive our rights and interests over the above-described parcel
of land, for an act of love, liberality and generosity;

III] I freely GIVE, TRANSFER and CONVEY, my rights and interests over the
above-cited parcel of land in favour of my father, LEONARDO M.
GUIVENCAN, Filipino and with residence and postal address at No. 27 Gemini
St., Villa Ernesto Subdivision, Gusa, Cagayan de Oro City.

IV] The above-named transferee, hereby accept and receive this waiver made in his
favour, and he expresses appreciation and gratefulness for the love, kindness and
generosity of the transferor;

V] We, Transferor and Transferee hereby affirm that we have voluntarily executed
this instrument out of our own free will, without force, intimidation or violence

Page 1 of 3
 2

from any person present at the time of execution of this presents, nor anything
which somehow may vitiate our individual consent;

VI] I, the transferor, have no more claim or demand against each other regarding the
said property;

VII] I, the transferor, including the transferee herein, are executing this affidavit with
full knowledge of the consequences thereof, and for any legal purpose this
affidavit may serve.

Principals further sayeth naught.

IN WITNESS WHEREOF, We have hereunto set our hands on this ___ day of
______ 2016, at Malaybalay City, Bukidnon, Philippines.

KAREN B. GUIVENCAN
Principal-Transferor

With my acceptance:

LEONARDO M. GUIVENCAN
Transferee

Signed in the presence of:

HARLEY KEITH LUMALAD and CLEMENTE LUIS NAGUIO

ACKNOWLEDGMENT

REPUBLIC OF THE PHILIPPINES }

___________________________ } s.c.

On this day,_____________, in _____________ City, Philippines the following persons

appeared before me, namely:
NAME PROOF OF IDENTITY NO. ISSUED BY, ON &

Page 2 of 3
 3

UNTIL
KAREN B. GUIVENCAN
LEONARDO M. GUIVENCAN
who presented this three (3)-page integrally complete instrument or document, including this
page of acknowledgment, of which the principals confirmed their agreement with the contents of
thereof. They acknowledged their respective signature affixed on every page thereof, being fully
aware of its legal implication and consequences, and freely declared that they executed this
“waiver” as their free and voluntary act and deed.

BY my hand, I signed and sealed this with my Notarial Seal.

Page 3 of 3