EXTRAJUDICIAL SETTLEMENT OF ESTATE WITH ABSOLUTE SALE

KNOW ALL MEN BY THESE PRESENTS:

MARYJOY B. BARNEDO

We, Belen Barnedo (widow), Honeylyn B. Adorna, Annabel V. Barnedo and Maryjoy B.
Barnedo, are of legal ages, and residents of Zone 1, La Purisima, Pili, Camarines
Sur, and on our own volition declare as follows:

1. That we are the sole heirs of the deceased _____________ who died on
_____________ at _____________;

2. That to the best of our knowledge, the said deceased died intestate and without
any outstanding debts or accounts;

3. That no personal properties are involved in this extrajudicial settlement with

absolute sale;

4. That the deceased left a certain parcel of land covered by _____________ in the
name of _____________ conveyed thru a Deed of Absolute Sale hereto attached as
Annex “A” and more particularly described as follows:
___________________________________________
ANNABEL V. BARNEDO

Lot 116, Sgs – 05 – 000131

“ A PARCEL OF LAND, situated in Brgy. Malinao, Municipality of Libmanan, Province
of Camarines Sur,

Beginning at a point marked “1” of lot 116, Sgs-05-000131, being S. 68-46 W.,
13033.52m from BLLM No. 1,Psc-42, Libmanan Cadastre, thence:

S. 00-31 W., 133.04m to point 2; S.07-02 E., 109. 26m to point 3; S. 51-09 W.,
86.99m to point 4; N. 31-15., W. 227.37m to point 5; N. 59-38 E., 201.08m to point
1; point of beginning.

HONEYLYN B. ADORNA

Containing an area of THIRTY THOUSAND FOUR HUNDRED FOURTEEN (30, 414) SQUARE
METERS.

All points are marked on the ground by GS Cyl. Conc. Mons. 15 x 40 cm.

Bounded on the E., along line 1-2 by lot 115, Sgs-05-000131; along line 2-3 by lot
114, Sgs-05-000131; on the SE., along line 3-4 by lot 10812, Psc-42(Timerland
Port); on the SW., along line 4-5 by lot 117. Sgs-05-000131; & on the NW/, along
line 5-1 by lot 119, Sgs-05-000131.

Bearings Grid.”
BELEN BARNEDO

HILARIO D. BASMAYOR

5. That pursuant to Section 1 of Rule 74 of the Revised Rules of Court of the

Philippines, and both being with full capacity to contract, we do hereby adjudicate
unto ourselves the land described above, in equal shares pro indiviso;

6. That FURTHER, and for and in consideration of the sum of (One Hundred Fifty
Thousand Pesos) (P 150,000.00), Philippine Currency, receipt of which is hereby
acknowledged by us to our full and complete satisfaction, we do hereby SELL, CEDE,
TRANSFER, and CONVEY to the buyer, by way of this instrument, in a manner absolute
and irrevocable in favor of the BUYER, his heirs, assigns and successors-in-
interests, the above-described parcel of land with all the improvements found
thereon, free from all liens and encumbrances, all our rights, interests and
participation over the above-described parcel of land;

7. That a true copy of this extrajudicial settlement with absolute sale had been
published once a week in ________________________, a newspaper of general
circulation in _________________ as certified by the said newspaper hereto attached
as Annex “B”;

8. That as the seller, we warrant peaceful possession and enjoyment of the buyer
and that we would defend the title and rights of the buyer from any claims of
whatever kind or nature from third persons;

9. That the above-described parcel of land is not tenanted and does not come within
the operation of the Comprehensive Agrarian Reform Program;

10. That as the seller, we shall be liable for payment of capital gains tax and
other taxes as may be required by the Bureau of Internal Revenue for the issuance
of Certificate Authorizing Registration (CAR);

11. That as the seller, we shall shoulder the cost of the relocation survey of the
boundary markers of the herein real property covered by ________________________;

12. That as the seller, we warrant that the real estate taxes for the year 2018 has
been paid in full;

13. That as the seller, we further undertake and obligate to execute any and all
documents, instruments and deeds necessary, appropriate or required to effectuate
this instrument and the provisions herein contained and to transfer the title to
the name of the Buyer;

14. That as the seller, we further obligate ourselves to deliver to the buyer the
following documents simultaneously with the execution of this contract, to wit:

1. Original Owner’s Copy of the subject title;

2. Original and certified true copy of tax declaration of the herein subject
property;
3. Original official Receipts covering payments of real estate taxes for full year
2018;
4. Libmanan Municipal Treasurer’s Tax Clearance;
5. Vicinity Map; and
6. Lot Plan.

That, the buyer shall be liable for payment of documentary stamp tax, transfer tax,
registration fees, and other incidental expenses related to the transfer of the
title to the name of the buyer.

IN WITNESS WHEREOF, we have hereunto set our hands, this ____day of ____________,
2018 at _____________, Philippines.

Belen Barnedo Honeylyn B. Adorna

Heir/SellerHeir/Seller
T.I.N. _____________T.I.N. _____________
Annabel V. Barnedo Maryjoy B. Barnedo
Heir/SellerHeir/Seller
T.I.N. _____________T.I.N. _____________

Hilario D. Basmayor
Buyer
T.I.N. 499-497-517-000

SIGNED IN THE PRESENCE OF:

_______________________ ________________________

ACKNOWLEDGMENT

REPUBLIC OF THE PHILIPPINES)

_____________________________) SS.

BEFORE ME, a Notary Public for and in the City/ Municipality __________________,
personally appeared:

MARYJOY B. BARNEDO

Name Competent Evidence of Identity Date/Place

Issued
Hilario D. BasmayorDriver’s License No. E04-11-00172LTO NAGA
Belen Barnedo______________________________________
Honeylyn B. Adorna______________________________________
Annabel V. Barnedo______________________________________
Maryjoy B. Barnedo______________________________________

All known to me and to me known to be the same persons who executed this foregoing
instrument and hereby acknowledged to me that the same is their free and voluntary
act and deed.

ANNABEL V. BARNEDO

This instrument refers to an Extrajudicial Settlement with Absolute Sale of a

parcel of land, consisting of THREE (3) pages, including the page on which this
acknowledgment is written, has been signed on the left margin of each and every
page thereof by the concerned parties and their witnesses, and sealed with my
notarial seal.

WITNESS MY HAND AND SEAL on this ___day of __________________2018

at_______________.

Notary Public

HONEYLYN B. ADORNA
BELEN BARNEDO

HILARIO D. BASMAYOR

Doc. No. ........;

Page No. .......;
Book No. .......;
Series of 2018.