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EXTRA-JUDICIAL SETTLEMENT OF ESTATE OF

SPOUSES JESSIE C. SY (DECEASED) AND CRESENCIANA B. SY
WITH WAIVER OF RIGHTS

KNOW ALL MEN BY THESE PRESENTS:

We, CRESENCIANA B. SY, of legal age, Filipino citizen, widower, and a

resident of Brgy. Ballogo, Bacnotan, La Union, Philippines;

- And-

MARIA ROWENA SY CAÑEDA, of legal age, Filipino citizen, married to

MANUEL D. CAÑEDA, and a resident of Brgy. Ballogo, Bacnotan, La Union, Philippines;

- And-

MARIA JESSICA SY DELA CRUZ, of legal age, Filipino citizen, married to

MADANTE G. DELA CRUZ, and a resident of Brgy. Ballogo, Bacnotan, La Union,
Philippines;

- And-

JECRIS SY SURIBEN, of legal age, Filipino citizen, married to EDUARDO E.

SURIBEN, and a resident of Brgy. Sipulo, Bacnotan, La Union, Philippines;

WHEREAS, the above-named parties are the only compulsory and legal
forced heirs of the deceased JESSIE C. SY who died on July 24, 2012 in the BACNOTAN,
LA UNION. A copy of death certificate is hereto attached;

WHEREAS, the decedent died intestate, without leaving any Last Will or
Testament and without leaving any debts or accounts whatsoever;

WHEREAS, at the time of the decedent’s death, he and his surviving

spouse left certain real property registered under their names, more particularly
described as follows:

PROPERTY I:
“Transfer Certificate of Title No. 025-2011001640 with Lot. No. 8806,
PLS 1050-D BEGINNING AT A POINT MARKED “1” OF LOT NO. 8806, PLS
1050-D, BEING N. 10-08 W; 4909.90 M. FROM BLLM NO. I PLS. 1050-D; THENCE S
15-49 W., 29.40 M, TO POINT 2; N. 75-31 W., 15.40 M TO POINT 3; N. 15-48 E.,
46.62 M TO POINT 4; S.79-31 E., 10.56 M. TO POINT 5;N. 01-17 E., 2.69 M.
TO POINT 6; S.83-03 E., 2.73 M. TO POINT 7; S. 08-00 W., 21.06 M. TO POINT 1; POINT OF
BEGINNING CONTAINING AN AREA OF SEVEN HUNDRED AND TEN (710)
SQUARE METERS”

WHEREAS, CRESENCIANA B. SY, the surviving spouse of the late Jessie C. Sy,
has likewise a real property registered under her name, more particularly described as
follows:
PROPERTY II:
Tax Declaration No. 2528
Property Identification No. 008-04-007-02-0
Cadastral No. 9989-A
Kind: Unirregated Rice Land
Reg. Owner: CRESENCIANA SY
Location: Ballogo, Bacnotan, La Union
Area: 1,053 square meters
Boundaries:
North: 9406 South: Lot 9989-B
East: 9456 West: Creek
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PROPERTY III:
Tax Declaration No. 2017-03-0007-00010
Property Identification No. 008-03-007-008-07
Cadastral No. 9113
Kind: Agricultural/Orchard
Reg. Owner: CRESENCIANA B. SY
Location: Ballogo, Bacnotan, La Union
Area: 600 square meters
Boundaries:
North: 03-BR South: 19
East: 08 West: 06

WHEREAS, no personal properties are involved in this extrajudicial

settlement;

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

the Philippines, the parties herein being all of age and full civil capacity, have agreed
to adjudicate unto themselves the above-mentioned real properties;

WHEREAS, We hereby declare by WAY OF ADJUDICATION all our rights,

interest, and participation in the above-described real properties free from liens and
encumbrances, in favor of;

A. PROPERTY I as mentioned above in favour of MARIA ROWENA SY

CAÑEDA and MARIA JESSICA SY DELA CRUZ whose personal
circumstances are likewise mentioned above in EQUAL SHARE;

B. PROPERTY II as mentioned above in favour of MARIA ROWENA SY

CAÑEDA whose personal circumstances are likewise mentioned
above; and

C. PROPERTY III as mentioned above in favour of JECRIS SY SURIBEN

whose personal circumstances are likewise mentioned above.

BY WAY OF WAIVER OF RIGHTS

WHEREAS, I, CRESENCIANA B. SY, the surviving spouse of the late Jessie C.
Sy, whose personal circumstances are mentioned above, do hereby WAIVE, CEDE,
RELINQUISH, TRANSFER and CONVEY all my rights, interest and participation in the
above-described real properties free from liens and encumbrances, in favor of the
above-mentioned compulsory heirs;

WHEREAS, the herein parties agreed to record this instrument in the office
of the Register of Deeds of the Province of La Union under the provision of Sec. 113 of
PD 1529, otherwise known as the Property Registration Decree of the Philippines;

That the above-described properties are not tenanted by any agricultural

lessee hence not subject to preemption under Sections 11 and 12 of R.A. 3844,
otherwise known as the Land Reform Code of the Philippines, nevertheless to Article
1623 of the Civil Code of the Philippines;

That the parties herein hereby affirm that they have executed this
instrument out of their own free will without force, intimidation or violence upon their
person, in connection with the adjudication of the above-mentioned real properties.

IN WITNESS WHEREOF, we have hereunto set our hands this ______day of

________________ in Agoo, La Union, Philippines.

CRESENCIANA B. SY JECRIS SY SURIBEN

HEIR/WAIVANT HEIR/ADJUDICATEE
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MARIA ROWENA SY CAÑEDA MARIA JESSICA SY DELA CRUZ

HEIR/ADJUDICATEE HEIR/ADJUDICATEE

SIGNED IN THE PRESENCE OF:

__________________________ __________________________

ACKNOWLEDGMENT

Republic of the Philippines )

Province of La Union ) S.S.
Municipality of Agoo )
x-----------------------------------------------x

BEFORE ME, NOTARY PUBLIC for and in the Province of La Union, personally
appeared the following persons who have satisfactorily proven to me their respective
Identifications to wit:

NAME ID No. DATE/PLACE OF ISSUE

CRESENCIANA B. SY Senior Citizen ID Bacnotan, La Union
Unified Multi-Purpose ID Bacnotan, La Union
MARIA ROWENA SY CAÑEDA CRN: 0001-1011009-7
MARIA JESSICA SY DELA PNP ID No. 18A180152 Jan. 18, 2018/Camp
CRUZ Crame QC
JECRIS SY SURIBEN PRC ID No. 18-1426828 March 3, 2019/Manila

That they are the same persons who executed and voluntary signed the
foregoing deeds, which they acknowledged before me as their own free and voluntary
act and deed.

This instrument, consisting of three (3) pages, including the page on which this
acknowledgment is written, has been signed on the margin on each and every page
thereof by the parties and their instrumental witnesses, and sealed with my notarial seal.

WITNESS MY HAND AND OFFICIAL SEAL this _____ day of ________________, at

Agoo, La Union, Philippines.

ATTY. HAROLD PALATTAO ESTACIO

Notary Public until December 31, 2020
2nd floor, Aspiras Bldg., Consolacion, Agoo, La Union
Roll No. 72000; 06.13.18
IBP OR No. 080293 ; 04.24.19
PTR No. 3314281; 04.03.19
IBP-La Union Chapter
TIN No. 217-113-135

Doc. No. _______

Page No. ______
Book No. _______
Series of 2019