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NAME OF DONOR, single, all of legal age, Filipino Citizen, with postal address at 45 Purok
Cudirao, Loakan, Liwanag, Baguio City, Philippines, herein referred to as the DONOR;
NAME OF DONEE, of legal age, widow, Filipino Citizen, and a resident of Buyagan, La
Trinidad,Benguet, Philippines herein referred to as the DONEE;
WITNESSETH:
BOUNDARIES
NORTHY: ASS LOT NO 162 SOUTH: ASS LOT NO. 126
EAST: ALLEY WEST: ASS LOT NO 167 206
AREA: SIX HUNDRED FIVE (605) SQUARE METERS
WHEREAS, for and in consideration of love and consideration that the DONOR has to the
DONEE, the DONOR, by these presents, hereby TRANSFERS and CONVEYS, by way of
DONATION unto the DONEE, her heirs, successors and assigns, the above described parcel of land
with the existing building thereon;
WHEREAS, the DONOR do hereby state, for the purpose of giving full effect to this donation,
that they have reserved for themselves in full ownership sufficient properties to support their needs;
WHEREAS, the DONEE do hereby accept the donation of the above-described parcels of land
and a building and do hereby express their gratitude for the kindness and liberality of their parents,
herein DONOR;
THAT the DONEE accept and assume all encumbrances and obligations attached to
the donated property as annotated in the Tax Declaration of Real Property, more
particularly the unpaid loan obligation amounting to EIGHT HUNDRED THOUSAND
PESOS (Php 800,000.00) that is secured by a real estate mortgage in favor of RBI
DONATION: AGUILO-ODULIO
1
INCORPORATED dated 08/22/11 as per Doc. No. 10; Page No. 3; Book No. XLIX;
Series of 2011 of the Notarial Registry of Atty. ABC, duly registered with the
Register of Deeds for Baguio City. The same was relayed by the DONOR to the
DONEE, which the latter freely and fully assume.
WHEREAS, the provisions of Article 1623 of the New Civil Code of the Philippines has been
complied with.
IN WITNESS WHEREOF, the parties have hereunto set their hands this 7 th day of July 2020,
in La Trinidad, Benguet, Philippines.
ACCEPTED:
ACKNOWLEDGMENT
BEFORE ME, a Notary Public for and in the Province of Benguet, Philippines, appeared the
above named persons with their respective Community Tax Certificates bearing the above
information below their names and Identification Cards with photograph, known to me to be the same
persons who executed the foregoing instrument and acknowledged to me that the same are their free
act and voluntary deed.
WITNESS MY HAND AND SEAL, this 7th day of March 2020 in La Trinidad, Benguet,
Philippines.
DONATION: AGUILO-ODULIO