EXTRAJUDICIAL SETTLEMENT OF ESTATE WITH WAIVER OF SHARE

EXTRAJUDICIAL SETTLEMENT OF ESTATE WITH WAIVER OF SHARE

KNOW ALL MEN BY THESE PRESENTS:

      WE, ________, of legal age, widow, with residence address at ______; _______, of
legal age, single/married and with residence address at ______ and _______, of legal
age, single,/married and with residence address at _____,

WITNESSETH:

      That we are the widow and legitimate children and sole heirs of the deceased
_______, who died on ______ at _______ , copy of his death certificate is hereto
attached as Annex "A" and made an integral part of this document;

      That said deceased died intestate, without Will or Testament and without any
outstanding debts in favor of any person or entity;

      That the deceased left a the following real properties which are all conjugal and
owned in common with his wife, the herein _____, and these properties are more
particularly described as follows:

(copy TCT Nos., location and technical description)

      That pursuant to Sec. 1, Rule 74 of the Revised Rules of Court of the Philippines,
and the parties herein being all of age, they have agreed to divide as they do hereby
divide and adjudicate, the real properties above-described, as follows:

(enumerate manner of sharing)

      That they hereby affirm that they have executed the foregoing instrument out of
their own voluntary free will without force, intimidation or violence upon their person,
that they have hereby received their just and proper share and have no claim or
demand against each other;

      That I, ________(widow) for my part, do hereby WAIVE my rights, interest, and
participation in the above-described real properties in favor of all my children, namely:
______, _______, and ______, in equal shares.
      IN WITNESS WHEREOF, - - - - -

Signature of Child #1                      Signature of Child #2                      Signature of Child

#3

                                                          Signature of Widow

WITNESSES : __________________         ___________________

ACKNOWLEDGMENT