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EXTRAJUDICIAL SETTLEMENT OF ESTATE

AND WAIVER OF RIGHTS AND INTERESTS

KNOW ALL MEN BY THESE PRESENTS:

This Extrajudicial Settlement of Estate with Waiver of Rights and


Interests, is made and entered into by and among:

LEE MIN YEONG


PARK MIN YEONG

both of legal age, and residents of SOHO Central Condominium, 748


Shaw Blvd., Greenfield District, Manadaluyong City, Philippines,
hereinafter called and referred to as the HEIRS OF SO MIN YEONG;

That the deceased So Min Yeong died on August 21, 2009, in


Davao City, her residence at the time of her death;

WITNESSETH:

That the deceased died without a will and without unpaid debts;

That the deceased was survived by her above-named children as


her only heirs in law;

That the deceased left a condominium unit, particularly Unit


3320, containing an area of 32.47 square meters, in a multi-storey
condominium project known as SOHO Central located along Shaw
Boulevard, Mandaluyong City.

That the HEIRS agreed to avail of the benefits of Section 4, Rule


74 of the Rules of Court and hereby divide and apportion the above-
described estate among them in the manner indicated below, subject
only to contingent liabilities to creditors, heirs and other persons who
might have been deprived of lawful participation therein, for a period of
two (2) years from and after the settlement and distribution of the said
estate;

ADJUDICATION

That availing of the benefits of Section 4, Rule 74 of the Rules of


Court, the HEIRS: LEE MIN YEONG and PARK MIN YEONG, hereby
divide, apportion and adjudicate unto themselves, the above-described
properties, subject only to contingent liabilities to creditors, heirs and
other persons who might have been deprived of lawful participation
therein, for a period of two (2) years from and after the settlement and
distribution of the said estate;

WAIVER

Further, LEE MIN YEONG hereby waives and cedes her share
from the said estate in favor of PARK MIN YEONG.
That a true copy of this Extrajudicial Settlement has been
published once a week for three (3) consecutive weeks, in a newspaper
of general circulation in the City of Davao, a copy of the
Affidavit/Certification of Publication is hereto attached to form integral
part hereof.

IN WITNESS WHEREOF, the parties hereto have hereunto set


their hands this ________________, in the City of Davao, Philippines.

LEE MIN YEONG PARK MIN YEONG


Heir Heir

SIGNED IN THE PRESENCE OF:

___________________________ & __________________________

ACKNOWLEDGMENT

Republic of the Philippines)


City of Davao………………..)s.s.
x- - - - - - - - - - - - - - - - - -x

BEFORE ME, Notary Public, this __________________ in the City of


Davao, Philippines, personally appeared the above-named persons with
their identification cards, thus:

I.D. Date/Place Issued

LEE MIN YEONG


PARK MIN YEONG

known to me and to me known to be the same persons who executed


the foregoing instrument consisting of three (3) pages, including this
page hereof, and they acknowledged to me that the same is their free
and voluntary act and deed.

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

Doc. No. ______;


Page No. ______;
Book No. ______;
Series of 2022.

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