DEED OF EXCHANGE OF REAL PROPERTIES

KNOW ALL MEN BY THESE PRESENTS:

This Deed of Exchange of Real Properties, made and executed by and

between:
NANCY ASUNCION, of legal age, married to Ernesto E. Sy, Filipino
citizen and a resident of Brgy. Canda, Municipality of Sariaya, Province of
Quezon, herein referred to as the “FIRST PARTY”;

- and-

VIRGILIO ASUNCION, of legal age, married to Nilda Roxas

Asuncion, Filipino citizen and a resident of Brgy. Canda, Municipality of
Sariaya, Province of Quezon, herein referred to as the “SECOND PARTY”;

WITNESSETH:

WHEREAS, the FIRST PARTY is the owner of a certain parcel of land

situated at Brgy. Canda, Municipality of Sariaya, Province of Quezon, known as
LOT No. 1873-B-1, embraced under Transfer Certificate of Title No. 066-
2020005917, and more particularly described as follows:

Transfer Certificate of Title No. 066-2020005917

(Lot No. LOT No. 1873-B-1)

BOUNDARIES:

LINE DIRECTIONS ADJOINING LOT(S)

1-2 SW Lot 1873-C, PSD-04-118634”,
2-3 NW Lot 1888, CAD-117,
3-4 NE Lot 1873-B-2, PSD-04-257822
4-1 SE ROAD (10.00 M. WIDE),

TIE POINT: BLM NQ. 36, CAD 117, SARIAYA CADASTRE:

LINE BEARING DISTANCE

1 S. 26° 03’ W 156.08 M.
1-2 N. 48° 24’ W 112.79 M.
2-3 N. 70° 56’ E 4.04 M.
3-4 S. 54° 42’ E 109.33 M.
4-1 S. 33° 45’ W 15.66 M.

AREA: ONE THOUSAND FIFTY-FOUR SQUARE METERS (1,054

SQM), MORE OR LESS

WHEREAS, the SECOND PARTY is likewise the owner of another parcel

of land, also situated at Brgy. Canda, Municipality of Sariaya, Province of
Quezon, known as LOT No. 1873-B-7, embraced under Certificate of Title No.
066-2020005923 and more particularly described as follows:
 Transfer Certificate of Title No. 066-2020005923
(Lot No. LOT No. 1873-B-7)

BOUNDARIES:

LINE DIRECTIONS ADJOINING LOT(S)

1-2 SW Lot 1873-B-6, PSD-04-257822
2-3 NW Lot 1888, CAD-117,
3-4 NW Lot 1889, CAD-117,
4-5 NE Lot 1873-A, PSD-04-118634
5-1 SE ROAD (10.00 M. WIDE),

TIE POINT: BLM NQ. 36, CAD 117, SARIAYA CADASTRE:

LINE BEARING DISTANCE

1 S. 23° 42’ W 62.48 M.
1-2 N. 81° 12’ W 72.85 M.
2-3 N. 70° 56’ E 10.23 M.
3-4 N. 74° 00’ E 41.44 M.
4-5 S. 68° 06’ E 30.04 M.
5-1 S. 20° 05’ W 15.66 M.

AREA: ONE THOUSAND FIFTY-FOUR SQUARE METERS (1,054

SQM), MORE OR LESS

WHEREAS, due to inadvertence, there was a mistake regarding the

positioning of the respective actual property belonging to each party during the
registration of the subject properties. Hence, it should be the FIRST PARTY who
is the actual owner of Lot No. 1873-B-7 and likewise, it should be the SECOND
PARTY who is the actual owner of Lot No. 1873-B-1. In order to rectify the said
mistake, both parties hereto have voluntarily agreed, by and between
themselves, to exchange their respective properties as above-described.

NOW, THEREFORE, for and in consideration of above premises, the

FIRST PARTY does hereby cede, transfer, and convey unto the SECOND
PARTY the entirety of the real property and described under the first WHEREAS
clause above, and by simultaneous act of the SECOND PARTY to the FIRST
PARTY, the entirety of the other real property and described in the second
WHEREAS clause above;

That both parties hereto do hereby warrant valid title to, and peaceful
possession of, their respective properties they have mutually ceded, transferred
and conveyed, and further declare that the same are free and clear of all liens
and encumbrances of any kind whatsoever.

IN WITNESS WHEREOF, we have hereunto affixed our signatures this

___________________ at Lucena City, Philippines.

NANCY S. ASUNCION VIRGILIO S. ASUNCION

First Party Second Party
 With Spousal consent:

ERNESTO E. SY NILDA R. ASUNCION

Spouse Spouse

Signed in the presence of:

____________________ ____________________
Witness Witness

ACKNOWLEDGEMENT

REPUBLIC OF THE PHILIPPINES )

LUCENA CITY )

BEFORE ME this _______________ at Lucena City, Philippines,

personally appeared, the following:

NAMES PROOF OF IDENTITY

NANCY ASUNCION
ERNESTO E. SY
VIRGILIO ASUNCION
NILDA R. ASUNCION

known to me and to me made known to be the same persons who executed this
instrument captioned as “DEED OF EXCHANGE OF REAL PROPERTIES” and
acknowledged to me that the same is their own free voluntary act and deed.

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

Doc. No. _____; FRANCIS EDGARDO G. LAVARRO

Page No. _____; Notary Public
Book No. _____; Commission Expires: December 31, 2025
Series of 2024. Roll of Attorney No. 78537, May 13, 2022
IBP No. 385865; Jan. 02, 2024, Pasig City
PTR No. 1294319 Jan. 02, 2024, Lucena City.
MCLE Compliance No. Newly Admitted