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This Agreement executed this ___ day of June, 2018 at Legazpi City,
Albay, by and between:
-and-
WITNESSETH: That -
WHEREAS, the plaintiff and the defendants are parties in Civil Case
No. 11399 entitled “Baby Ruth Rogacion vs. Oscar Santillan and the occupants of Lot
18 Blk 15, Ma. Aurora Subdivision, Gogon Legazpi City covered by TCT No. 28159”
(hereinafter referred to as “the case”) for Accion Publiciana pending before the
Regional Trial Court of Legazpi City.
2. Plaintiff shall not evict the defendant and his family from the subject
property within one (1) year from the entry of judgment in this case;
3. Plaintiff shall offer to sell the subject property to the defendant should
she decide to sell the same. Plaintiff is not bound to sell a portion of the subject
property;
4. Plaintiff shall give the defendant the right of first refusal in the event
that she decides to sell the property;
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6. Defendant shall neither introduce new improvements upon the
subject property nor shall he lease or sell any portion of the property and he
shall maintain the cleanliness and orderliness of the subject property during
their occupation;
8. Defendant shall allow plaintiff to build fences and post signages upon
the subject property one (1) year after entry of judgment in this case, or when
defendant vacates the subject property on an earlier date.
11. The parties or their assigns hereby waive, renounce and forever
quitclaim all their respective claims and counterclaims subject of the instant
action as well as those that may arise therefrom, in connection therewith or in
relation thereto, except the execution of this Compromise Agreement or any
other proper action as a consequence of the violation of the terms of this
Compromise Agreement.
12. The foregoing covenants are not contrary to law, morals, or public
policy and the parties bind themselves to comply strictly with their
undertakings.
___________________________ _____________________
BABY RUTH F. ROGACION OSCAR B. SANTILLAN
_________________________ ______________________________
ACKNOWLEDGMENT
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SUBSCRIBED AND SWORN TO BEFORE ME, this ____th day of
March, 2018 at Legazpi City after Baby Ruth F. Rogacion exhibited to me her
____________ issued on _______________ at _______________, and Oscar
B. Santillan exhibited to me his ____________ issued on _______________
at _______________.
Notary Public
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