EXTRAJUDICIAL SETTLEMENT OF ESTATE

KNOW ALL MEN BY THESE PRESENTS:

This Deed of Extrajudicial Settlement of Estate (“Deed”), made and

entered into by and between:

LILIA RASAY PALOMADO, of legal age, married to Francisco

Palomado; SESINANDITO VELEŇA, single/married to_______, and resident
of _______________; EMELITA VELEŇA PARCERO single/married
to_________; VIRGILIO IBARROLA VELEŇA, single/ married to Norberto
C. Rasay;MARIA ZOLETA ALCANTARA RASAY, married to_________, all
of legal ages, Filipino citizens and residents of______________ herein
referred to as the HEIRS;

WITNESSETH :

WHEREAS, the above-named HEIRS are the only surviving and lawful
heirs of SANTIAGO VELEŇA who died on October 22, 1979 in Brgy. Pili
Sariaya, Quezon, AGAPITO VELEŇA who died on March 5, 1988 in Brgy. Pili,
Sariaya, Quezon; URBANO VELEŇA who died on April 4, 1973 in Brgy.
Tumbaga, Sariaya, Quezon; PILAR VELEŇA ALCANTARA who died on
November 1, 1952 in Brgy. Pili, Sariaya, Quezon, and VIRGINIA SALUBAYBA
ALCANTARA who died on_________ in____________, hereto attached the
copy of their death certificates as Annexes A-D;

WHEREAS, the said deceased, at the time of their death, left certain
parcels of land situated in the Municipality of Sariaya, Province of Quezon,
hereto attached as Annex “E” and more particularly described as follows, to
wit:
TRANSFER CERTIFICATE OF TITLE NO. T-_______________
Lot 4839-CAD-117
A parcel of Land (Lot No. 4839 of the Cadastral Survey of Sariaya), situated
in the Municipality of Sariaya. Bounded on the NW., by the _____ Creek; on the S.
by Lot No. 4838; on the W., by a road; and on the NW., by Lot No. 4840. N.
containing at a point marked “1” on plan, being B-64 deg.14’E., 357.64 m. from n.
L.B.M. 130. 23; thence N. 60 deg. 25’ W., 9.20 m. to point “2”; thence N. 48 deg.
58’W., 36.96 m. to point “3”; thence N. 63 deg. 11’W., 60.73 m. to point “4”; thence
N. 63 deg. 11’W., 55. 36 m. to point “5”; thence N. 48 deg. 38’E., 7.04 m. to point
“6”, thence N. 25 deg. 44’E., 34.17 m. to point “7”; thence S. 47 deg. 18’E., 21.10
m. to point “8”; thence 6.28 deg. 10’E., 19.58 m. to point “9”; to the point of
beginning containing an area of 3,038 SQUARE METERS, more or less.

WHEREAS, there are no known debts or obligations due against the

estate of the said decedents;

WHEREAS, pursuant to Section 1 Rule of 74 of the Revised Rules of

Court of the Philippines, and we being all of age and with full capacity to
contract, we do hereby adjudicate unto ourselves the above- described lands,
in equal shares;

WHEREAS, the afore-described parcels of land does not fall under the
provisions of R.A 3844 or any law on land reform;

WHEREAS, this instrument may be registered in the Office of the

Registry of Deeds of Quezon in accordance with the Land Registration Law.

IN WITNESS WHEREOF, we have hereunto affix my signature this ____

day of _____, at Lucena City, Quezon, Philippines.
 LILIA RASAY PALOMADO SESINANDITO VELEŇA
Heir Heir
ID No._________________ ID No._______________

EMELITA VELENA PARCERO VIRGILIO IBARROLA

VELEŇA
Heir Heir
ID No._________________ ID No.________________

VIRGINIA SALUBAYBA ALCANTARA

Heir
ID No.__________________

SIGNED IN THE PRESENCE OF:

_______________________ and ___________________________

ACKNOWLEDGEMENT
Republic of the Philippines}
City of Lucena }

BEFORE ME this __________ day of ______ at _____________,

Philippines, personally appeared LILIA RASAY PALOMADO, SESINANDITO
VELEŇA, EMELITA VELENA PARCERO, VIRGILIO IBARROLA VELEŇA and
VIRGINIA SALUBAYBA ALCANTARA with their Competent Evidence of Identity
appearing below their names, who represented to me to be the same persons
who executed the foregoing instrument and they acknowledged to me that the
same is their own free and voluntary act and deed.
This instrument consists of two (2) pages, including this page where the
acknowledgement is written, signed by the Heirs and their instrumental witnesses
on each and every page thereof refers to as Extra Judicial Settlement of Estate.
WITNESS MY HAND AND NOTARIAL SEAL on the date and place first
above written.

DOC NO. _____;

PAGE NO. _____;
BOOK NO. _____;
SERIES of _____.