(AGREEMENT FOR AN EASEMENT OF RIGHT OF WAY) MEMORANDUM OF AGREEMENT KNOW ALL MEN BY THESE PRESENTS: This Memorandum of Agreement

made and entered into by and between: _____________, of legal age, Filipino, (single / married / widow), and a resident of _____________, Philippines, (hereinafter referred to as the "FIRST PARTY"), - and _____________, of legal age, Filipino, (single / married / widow), and a resident of _____________, Philippines, (hereinafter referred to as the "SECOND PARTY"), WITNESSETH: THAT WHEREAS, the FIRST PARTY is the true and registered owner of a certain parcel of land, more particularly described as follows: (Technical Description of Property) WHEREAS, the SECOND PARTY is the true and registered owner of a certain parcel of land, more particularly described as follows: (Technical Description of Property) WHEREAS, the above-described parcel of land belonging to the SECOND PARTY is surrounded by other parcels of land, including that belonging to the FIRST PARTY, and has no adequate outlet to a public highway; WHEREAS, the SECOND PARTY had asked for a right of way passing traversing to the above-described parcel of land belonging to the FIRST PARTY, and the FIRST PARTY is willing and able to provide and grant a perpetual easement of right-of-way in favor of the SECOND PARTY on the road described and marked in the Lot Plan herein described and hereto attached as Annex "A" subject to the terms and conditions herein agreed upon. NOW, THEREFORE, for and in consideration of the sum of __________________________ (P_____________), the receipt of which is hereby acknowledged by the FIRST PARTY to his full and complete satisfaction, the FIRST PARTY, for itself and in behalf of heirs, assigns, and successor-in-interests, by these presents, hereby grants unto and in favor of the SECOND PARTY, his heirs, assigns,

and successors-in-interests, a permanent and perpetual easement on his property of the aforedescribed roadway, equivalent to an area as described and found in the technical description of the lot hereto attached as Annex "A" and made integral part of this agreement. The FIRST PARTY, his heirs, assigns, and successor-in-interests undertake not to commit any act as would impede the flow of pedestrian and vehicular traffic on the said roadway. The FIRST PARTY hereby authorizes the Office of the Register of Deeds of _____________ to annotate this agreement at the back of the Transfer Certificate of Title No. _____________ aforedescribed as a perpetual lien of the real property described therein. IN WITNESS WHEREOF, the parties have hereunto affixed their signatures this _____________ at the _____________, Philippines.

FIRST PARTY

SECOND PARTY

SIGNED IN THE PRESENCE OF:

__________________ __________________

(ACKNOWLEDGMENT)