DEED OF GRANT USUFRACTUARY RIGHTS

KNOWN ALL MEN BY THESE PRESENTS:

This DEED OF GRANT OF USUFRUCTUARY RIGTHS made and entered into by and
between:

LORNA P. ELIP of legal age, Filipino, married and resident of Zone 4, May-Anao,
Tigaon, Camarines Sur, Philippines here in after referred to as the "OWNER":

- and -
The BARANGAY LOCAL GOVERNMENT OF BARANGAY MAY-ANAO, Tigaon,
Camarines Sur is represented by the Barangay Chairperson, MARCELO N. VILLAFUERTE
JR. herein referred to as the "USUFRUCTUARY":

WITNESSETH

WHEREAS, the OWNER is the absolute owner/administrator of a parcel of lot

held in its propriety capacity situated in Barangay May-Anao, more particularly
described as follows; PROPERTY IDENTIFICATION NO. 026-34-0014-008-27 with
LOT NUMBER 1-106 with TD No. 2016-014-0516.

"A parcel of land owned by the OWNER in Barangay May-Anao, Tigaon,

Camarines Sur with an area of 0.7996 hectares declared in the name of Elip, Lorna P., with
the following technical description:

BOUNDARIES
North: Lot 144 South: SW: Lot 145
East: Creek & Lot 104 SE: Lot 100 West: Lot 145

WHEREAS, the OWNER desire to give the USUFRUCTUARY the right of Usufruct over
the portion of land with the latter having the full, right the use and enjoyment of the fruits
of the property in return for assuming the obligation the obligation to preserve the
property during the term of the usufruct;

NOW THEREFORE, for and in consideration of the mutual agreements, covenants and
stipulations herein set forth, the OWNER hereby transfers and conveys unto the
USUFRUCTUARY by way of USUFRUCT the portion of the above-described parcel of land
measuring 10 sq. m., subject to the following terms and conditions;
1. This grant of usufruct shall be valid and binding for TWENTY FIVE (25) years
renewable to another TWENTY FIVE (25) years thereafter upon prior
authorization from the OWNER;

2. The USUFRUCTUARY shall pay and be liable for all taxes and other charges
as the Government or any of its instrumentalities and agencies may impose
by reason arising out of this agreement and its implementation, including the
real property taxes;
 3. The USUFRUCTUARY may build and construct Sanitary Toilet with
Handwashing Facility on the property subject to this grant for the use and
occupancy of the BARANGAY LOCAL GOVERNMENT OF BARANGAY
MAY-ANAO, Tigaon, Camarines Sur and its CONSTITUENTS. And after the
expiration of 25 years Usufruct Agreement, the ownership of the Constructed
Sanitary Toilet with Handwashing Facility be transferred to the OWNER. The
USUFRUCTUARY hereby agrees and binds itself to ensure at its own expenses, the
Construction of Sanitary Toilet with Handwashing Facility build or placed therein
against loss by fire, typhoon, flood, force majeure or other similar events. In no case
shall the OWNER be liable for any loss, damage, or injury that may arise, by reason
of the use and enjoyment of the fruits of said property by the USUFRUCTUARY;

4. The USUFRUCTUARY, at its own expense, make all necessary repairs to

keep the premises and its equipment and facilities from deterioration in value
or condition during the term of the grant;

5. The USUFRUCTUARY shall not lease any part or portion of the premises or the
whole thereof, without the express consent of the OWNER;

6. The OWNER hereby covenants that the USUFRUCTUARY shall peaceably hold
and enjoy the full use and possession of the premises at any time;

7. The OWNER may immediately recover possession of the afore described real
property, including all permanent structures and improvements introduced,
thereon, without obligation to reimburse the herein USUFRUCTUARY, terminate the
usufruct should the USUFRUCTUARY violate any of the provisions of this DEED or
fail to comply with its obligation in the Usufruct as prescribed in the New Civil Code
of the Philippines, the applicable provisions of which are incorporated herein and
deemed part of the provisions of this deed.

IN WITNESS WHEREOF, we have hereunto set our hands this 22 nd day of

November, 2023 at Barangay May-Anao, Tigaon, Camarines Sur.

LORNA P. ELIP MARCELO N. VILLAFUERTE JR.

Owner Barangay Captain / Usufructuary

WITNESSES:

ROXANNE F. PESIMO SUNSHOWIE M. PANGANTING

Witness Witness
 ACKNOWLEDGEMENT

REPUBLIC OF THE PHILIPPINES

_____________________________ S.S.

BEFORE ME, a Notary Public for and in the above jurisdiction, this _______, day of
________________, 2023, personally appeared the following individuals:

Name Competent Evidence Date/Place Issued

of Identity
Lorna P. Elip
Hon. Marcelo N. Villafuerte Jr. Voter’s ID 1736-0063A-A2362MNV1000 Comelec Tigaon, Camarines Sur

Roxanne F. Pesimo Phil ID 2156-9450-3586-7312 Tigaon, Camarines Sur

Sunshowie Panganting Phil ID 5702-7409-2895-4217 Tigaon, Camarines Sur

Known to me and be the same persons who executed the foregoing instrument
and they acknowledge to me that the same is their free and voluntary act and deed, as
well as the free act and deed of the principals they represent.

This instrument refers to a DEED OF USURFRUCTUARY RIGTHS and consisting of

three (3) pages, including this page on which this acknowledgement is written, signed by the
parties and their instrumental witnesses at every page hereof.

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

Doc. No. __________;

Page No. __________; NOTARY PUBLIC
Book No. __________;
Series of 2023.