DEED OF EXTRA-JUDICIAL SETTLEMENT OF ESTATE

WITH ABSOLUTE SALE

KNOW ALL MEN BY THESE PRESENTS:

This Deed of Extrajudicial Settlement of Estate made and executed in Iloilo City,
Philippines, this __ day of ________2021 by and between:

ADRIANO SENDINO SOBUSA, of legal age, married to MARYLEE CHAVEZ

SOBUSA, Filipino and a resident of Brgy. Zone VI, Arroyo Street, Sta. Barbara, Iloilo,
Philippines;

-and-

________________________, of legal, married to ___________, Filipino and a resident

of Brgy. Zone VI, Arroyo Street, Sta. Barbara, Iloilo, Philippines;

Herein referred to as the “HEIRS”;

WITNESSETH:

That the above-named heirs are the only surviving and lawful heirs of the late
__________________ who died intestate on __________ at _____________, Iloilo, Philippines.

That the said decedents died intestate leaving the above-named heirs and without any
pending debts and obligations;

That the said decedents at the time of his death left a parcel of land known as Lot No.
3031-B, situated in Brgy. Agusipan, Municipality of Sta. Barbara, Province of Iloilo, Philippines, and
covered by Original Certificate of Title No. O-7561 particularly described as follows:

ORIGINAL CERTIFICATE OF TITLE NO. O-7561

“A parcel of land (Lot No. 3031 of the Cadastral Survey of Sta.

Barbara) with improvements thereon, situated in the Barangay of Agusipan,
Municipality of Sta. Barbara, Province of Iloilo, bounded on the NE., by Lot
Nos. 3071 and 3067; on the SE., by Lots Nos. 3067 and 3035; on the SW., by
Lots Nos. 5148, 3032, 3033 and 2955; and on the NW., by Lot No. 5040 x x x
x x x x containing an area of TWENTY-ONE THOUSAND FOUR HUNDRED
NINETY-SEVEN (21, 497) SQUARE METERS, more or less.”

That the HEIRS hereby covenant and further warrant that should there be preterition or
omission of one, some, or all of the compulsory heirs in the direct line, whether living or not at
the time of the execution of this Deed, will not invalidate/nullify the terms and conditions of this
Deed. Instead, the HEIRS shall proportionately oblige themselves to pay to the omitted Heirs or
the latter’s heir(s) the share which belongs to him/them, in accordance with the rules of
succession under the Civil Code of the Philippines;

NOW THEREFORE, for and in consideration of the foregoing premises and invoking the
provision of sec. 1, Rule 74 of the Rules of Court, the HEIRS above-named have agreed to settle
the estate extra-judicially and to this effect do hereby partition and adjudicate the same unto
themselves and the foregoing inheritance in equal sharing, subject however to the liabilities
imposed by sec. 4, Rule 74 of the Rules of Court for a period of two years in favor of any other
possible

Deed of Extra-Judicial Settlement of Estate

With Absolute Sale 1
heirs, creditors or any other person deprived of the lawful participation over the said estate of the
deceased and encumbrances;

The parties agree to publish this instrument in a newspaper of general circulation in the
province of Iloilo once a week for three consecutive weeks.

In the remote event that any property of the decedent should ever be found which is not
included hereinabove, the HEIRS hereto further agree as they do so agree to settle and distribute
the same in like manner and proportion as herein established and disposed.

THAT THEREFORE, for and in consideration of the sum of

______________________________________________ Philippine Currency, the receipt
whereof is hereby acknowledged in full from the VENDEE to the entire satisfaction of the
VENDORS, the VENDORS DO HEREBY SELL, TRANSFER, CONVEY AND DELIVER in a
manner absolute and irrevocable in favor of the said VENDEE, her heirs, successors and assigns,
all its rights, title and interest in the above-described property.

The VENDORS warrants the valid and peaceful possession of the herein property sold
and conveyed to the VENDEE and further declares that the same is free from all liens and
encumbrances of any kind whatsoever.

IN WITNESS WHEREOF, we have hereunto set our hands this _____ day of
__________________________, 2022 in the City of Iloilo, Philippines.

ADRIANO SENDINO SOBUSA

Heir/Vendor Heir/Vendor
ID No.________________ ID No.______________
Issuing Agency:__________ Issuing Agency:__________

MERLYN P. FAMA
Vendee
ID No.______________
Issuing Agency:____________

SIGNED IN THE PRESENCE OF:

______________________________ ___________________________
Witness Witness

ACKNOWLEDGMENT

REPUBLIC OF THE PHILIPPINES)

CITY OF ILOILO )S.S.
X--------------------------------------------X

BEFORE ME, this _______________________, in the City of Iloilo, Philippines,

personally appeared JOVELEEN F. PALOMAR, EVELYN F. PALOMAR and MERLYN P.
FAMA, with Government issued Identification Card Number below their names, personally

Deed of Extra-Judicial Settlement of Estate

With Absolute Sale 2
known to me to be the same persons who voluntarily executed and directed the undersigned
Notary Public to sign the foregoing instrument in his behalf and their instrumental witnesses who
affixed their signatures above. And the undersigned Notary Public does further certify that they
acknowledged before me that this Extra-Judicial Settlement of Estate is their own free and
voluntary act and deed.

This instrument consists of Three (3) pages including this page wherein the
acknowledgment is written, signed by the parties and their witnesses on each and every page
provided hereof.

WITNESS MY HAND AND SEAL.

Doc No.:_______;
Page No.:______;
Book No.:______;
Series of 2022

Deed of Extra-Judicial Settlement of Estate

With Absolute Sale 3