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This Extrajudicial Settlement of the Estate of the Late SPS. ARSENIO P. AND
CRISPINA D. OVILLA is executed and entered into in the City of Masbate, Philippines by
and among:
JEAN OVILLA GATA married to MANUEL GATA, of legal age, Filipino and a
resident of 1700 Yosemite Ave. #106 Simi Valley, CA 93063 USA;
JOSE DOUGLAS D. OVILLA married to IRBI C. OVILLA, of legal age, Filipino and a
resident of 50 Arbor Street, Kenilworth, New Jersey 07033 USA, represented in this act
by PILAR OVILLA VALDEMORO, of legal age, Filipino and a resident of Ramires St.,
Baleno, Masbate;
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W I T N E S S E T H:
WHEREAS, Sps. Arsenio P. and Crispina D. Ovilla died intestate in the City of
Masbate. Arsenio P. Ovilla died on July 28, 1969 while Crispina D. Ovilla died on August
17, 1981 leaving parcels of land located at Masbate and more particularly described as
follows:
A parcel of land (Plan Psu-196940, L.R. Case No. N-137, L.R.C. Record No. N-
27871) situated in Poblacion (Brgy. Bapor), Masbate City. Bounded on the NE. and E. by
property of Anacleto Pelino; on the E. and SE by property of Erinea S. Cordova; on the
SW by property of Arsenio Ovilla; and on the NW. by Osmeña Street, containing an area
of EIGHT HUNDRED FORTY ONE (841) SQUARE METERS, more or less.
A parcel of land (Plan Psu-156694, L.R. Case No. N-82, L.R.C. Record No. N-14050)
situated in Poblacion (Brgy. Bapor), Masbate City. Bounded on the NE. and SE. by
property of Erinea S. Cordova; on the SW. by property of Francisco Floresta; and on the
NW., by Osmeña Street, containing an area of THREE HUNDRED FOURTEEN (314)
SQUARE METERS, more or less.
Lot No.
Kind: Commercial Land
Location: Zurbito St., Brgy Bapor, Masbate City
Boundaries: North: Hrs. of Lino Bajar; South: Lim Eng Biao
Psu-156937
East:Ovilla St.; West: Crispina vda de Ovilla
Area: 47 Square Meters
Page 2 of 10
3.Tax Declaration No. 15622
(Crispina D. Ovilla)
Lot No.
Kind: Agricultural Land
Location: Malobago, Bantigue, Masbate City
Boundaries: North: Severino Valencia; South: Lim Hitua
East: Castor Maristela; West: Seashore & Benito Maristela
Area: 6.4516 Hectares
Lot No.
Kind: Coco Land
Location: Crossing-Poblacion, Cataingan, Masbate
Boundaries: North: Lot 17-D; South: Lot 17-A & 17-B
East: Public Land; West: Lot 17-B & Road
Area: 1.0 Hectare
Lot No.
Kind: Coco Land
Location: Crossing-Poblacion, Cataingan, Masbate
Boundaries: North: E-Road & Lot 2-B; South: E-Lot 2-1
East: W-Lot 2 H, 2 C, & 2 F; West: Lot 2 & 2-G
Area: 1.0 Hectare
Lot No.
Kind: Coco Land
Location: Crossing-Poblacion, Cataingan, Masbate
Boundaries: North: Road & Lot 2-B; South:
East: Lot 2-1; West: Lot 2-1 & 2-G
Page 3 of 10
Area: 3.0 Hectares
8.Tax Declaration No. 8019
(Crispina D. Ovilla)
Lot No.
Kind: Residential Land
Location: Crossing-Poblacion, Cataingan, Masbate
Boundaries: North: Lot 17-E; South: Lot 17-D
East: Lot 17-B; West: Road
Area: 281 Hectare
Page 4 of 10
Area: 0.3528 Hectares
13. Tax Declaration No. 01001
(Ovilla Southern Academy)
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16. Tax Declaration No. 0051
(Crispina Ovilla)
Page 6 of 10
21. Tax Declaration No. 0723
(Crispina Ovilla)
Page 7 of 10
26. Tax Declaration No.01115
(Ovilla Crispina)
WHEREAS, all the parties hereto are the SOLE and ONLY HEIRS being the children
and the surviving heirs of the deceased children of the aforementioned decendents;
WHEREAS, there are no known debts or obligations due against the estate of said
decendants;
Page 8 of 10
NOW THEREFORE, for and in consideration of the premises above-mentioned,
and invoking the provisions of Rule 74, Section 1 of the Rules of Court, the parties
hereto have agreed as they hereby do so agree to divide, partition and adjudicate the
above estate EQUALLY among themselves or ONE-FIFTH (1/5) SHARE for each party on
all the properties, provided however that all the parcels are subject to the liabilities
imposed under Section 4 of Rule 74 of the Rule of Court in favor of any other persons
who might be deprived of their lawful participation in the estate of the decedents for a
period of two (2) years.
That in the remote event that any other property of the decedents should later
be found and which is not included herein, the parties hereto agree to distribute, divide
and adjudicate the same, in like manner as herein established and disposed:
IN WITNESS WHEREOF, the parties hereto have hereunto set their hands this
_____ day of ______________, 2017, in Masbate City, Philippines.
By:
________________________ _________________________
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ACKNOWLEDGMENT
BEFORE ME, a Notary Public in the City and Province of Masbate, on this ______
day of ______________, personally appeared:
known to me to be the same persons who executed the foregoing instrument and who
acknowledged to me that the same is their free act and voluntary deed. This instrument
pertains to the Extrajudicial Settlement of Estate of Sps. Arsenio and Crispina Ovilla
involving fourteen (14) parcels of land consisting of five (5) pages including the page on
which this acknowledgment is written and signed by the parties on each every page.
WITNESS MY HAND & NOTARIAL SEAL on the date and place first above written.
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