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MEMORANDUM OF AGREEMENT

KNOW ALL MEN BY THESE PRESENTS:

This AGREEMENT entered into by and between---

MAURA BURGOS, Filipino, of legal age, single


and with residence and postal address at Brgy. Natatas,
Tanauan, Batangas herein after referred to as the PARTY
OF THE FIRST PART,

-and-

DANIEL LUCIDO, Filipino, of legal age,


married, and with residence and postal address at 115
Pantay Bata, Tanauan City, Batangas hereinafter referred
to as THE PARTY OF THE SECOND PART,

WITNESSETH: THAT---

WHEREAS, PARTY OF THE FIRST PART, during their lifetime,


acquired and are the registered owner of a parcel of land identified as Lot No:
2938-B with a land area of 9,506 square meters located in Brgy. Natatas, City of
Tanauan, Province of Batangas, as follows:

WHEREAS, the PARTY OF THE FIRST PART want to avoid the long and
tedious process of court litigation before their desired just compensation is finally
determined and paid to them and has expressed their desire to be promptly paid a
reasonable compensation for the estimated area affected in the parcel of land
aforementioned in the amount of Three Hundred Eighty (380) Pesos per square
meter of the area affected.

WHEREAS, THE PARTY OF THE FIRST PART has offered to assign to


the PARTY OF THE SECOND PART all their rights, titles, interests and
participation in the parcel of land above-cited, including their right to litigate,
prosecute and/or defend the aforementioned civil case for expropriation and
receive the zonal value of the affected area for the amount of Three Hundred
Eighty (380) Pesos per square meter multiplied by the area affected on the parcel
of land aforementioned or in excess of the zonal value agreed upon, and the
PARTY OF THE SECOND PART has agreed thereto.

NOW THEREFORE, FOR AND IN CONSIDERATION of the


foregoing and the covenants and conditions hereinafter contained, the PARTY OF
THE FIRST PART, by virtue of this Agreement, hereby ASSIGN, TRANSFER
and CONVEY as they have now ASSIGNED, TRANSFERRED and
CONVEYED, in favor of the PARTY OF THE SECOND PARTY, all their rights,
interests and participation in the above-described parcel of land, together with the
right to litigate, prosecute, and/or defend the aforementioned civil case for
expropriation and receive, in full, the just compensation for the expropriation
thereof, subject to the following terms and conditions:

1. THE PARTY OF THE FIRST PART shall be paid by the PARTY OF


THE SECOND PART the total amount of estimated area affected in the entire
parcel of land totaling 498 square meters at the price of Three Hundred Eighty
(380) Pesos per square meter. Of said amount, the amount of Php 189,240
representing the price of the parcel of land shall be paid to the PARTY OF THE
FIRST PART upon release of the payment from the Transco;

2. Upon execution of this Agreement, the PARTY OF THE SECOND


PART, by virtue hereof, is designated as the Attorney-in-Fact of the PARTY OF
THE FIRST PART with authority to appear for, prosecute, defend and/or litigate
civil case of expropriation mentioned above until final judgment; sign and execute
whatever papers, documents or pleadings is necessary for the prompt disposition
thereof; and receive accept, encash or deposit, in his own name, whatever amounts
may be decreed as just compensation for the parcel of land aforementioned. For
this purpose, the PARTY OF THE FIRST PART shall sign and execute a Special
Power of Attorney designating the PARTY OF THE SECOND PART as such
Attorney-in-fact, with the powers and authority herein mentioned and all other
powers incidental to or inherent thereto;

3. All expenses that may be incurred in connection with the civil case for
expropriation, including expenses in connection with the parcel of land, such as but
not limited to commissions, taxes, court related expenses and attorneys fees and
litigation expenses shall be shouldered by and for the account of the PARTY OF
THE SECOND PART;

IN WITNESS WHEREOF, the parties hereto have signed this Agreement


this ____ day of ________ 2019 in Tanauan, Province of Batangas.

PARTY OF THE FIRST PART PARTY OF THE SECOND


PART

MAURA BURGOS DANIEL LUCIDO

SIGNED IN THE PRESENCE OF:

______________________ _____________________
Witness Witness

SPECIAL POWER OF ATTORNEY

I, MAURA BURGOS, of legal age, Filipino, married and with residence and postal address at
Brgy. Natatas, City of Tanauan, Province of Batangas, do hereby designate and appoint DANIEL
LUCIDO, of legal age, Filipino, married and with residence and postal address at 115 Pantay Bata, Banjo
East, City of Tanauan, Province of Batangas, to be my true and lawful Attorney-in-Fact, for my name,
place and stead, to wit:
1. To represent me in any Court proceedings and/or juridical authority for and in behalf of the
herein Defendant relative to the case, covering a parcel of the registered land in the name of
the herein Defendant.

2. To request, sign, receive and/or submit pertinent papers/documents for the compliance of
Court processes pertaining to cases covering the parcel of the registered land in the name of
the herein Defendant.

3. To execute, sign motion/pleadings and/or other related documents with party concern,
provided with direct supervision and control of the regular Court for judicious resolution on
the case at bar.
4. To deposit, withdraw, receive money/monies and/or in cash check/checks representing
as monetary compensation on the aforesaid property.

5. To hire the services of Legal Counsel to assist on legal matters and the same to represent
in a proper Court prescribed under the Rules.

HEREBY GIVING AND GRANTING unto my said attorney-in-fact full power and authority to
do and perform any and every act and thing whatsoever requisite, necessary and proper to be done in and
about the premises as fully to all intents and purposes as I might or could do if personally present and
acting in person; and
HEREBY RATIFYING AND CONFIRMING all that the said attorney-in-fact shall lawfully do
and cause to be done under and by virtue of these presents.
IN WITNESS WHEREOF, I have hereunto affixed my signature on ___ day of __________ 2019
in Tanauan, Batangas.

MAURA BURGOS
Grantor/Heir
REPUBLIC OF THE PHILIPPINES )
City of _________________________)SS

ACKNOWLEDGMENT

BEFORE ME, a Notary Public for and in the City of ____________, on this ___ day of
____________ 2019, personally came and appeared the following

NAME ID NO. ISSUED ON/AT

known to me and to me known to be the same persons who executed the foregoing SPECIAL
POWER OF ATTORNEY and who acknowledged to me that the same are their free and voluntary act
and deed

WITNESS MY HAND AND SEAL.


NOTARY PUBLIC
Doc. No. _____;
Page No. _____;
Book No. _____;
Series of 2019.

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