DEED OF HEIRSHIP AND SALE

KNOW ALL MEN BY THESE PRESENTS:

This DEED is entered into and executed by the-

HEIRS OF LIBERATO EUMAGUE, namely: ISIDRO E. BANQUERIGO, widower,

EUFRONIO E. BANQUERIGO, widower, PABLITA EUMAGUE- FERRER, married to Sotero
Ferrer GEMENIANO EUMAGUE, married to Angelita Binag, CELEDONIA EUMAGUE-
PAALAMAN, married to Angeles Paalaman, and SERGIO EUMAGUE, married to Paulina
Unio, all of legal ages, Filipinos, and residents of Barangay Tubigon, Municipality of Sibulan,
Negros Oriental, hereinafter called the HEIR-VENDORS, in favor of,

ELFREDO F. PAALAMAN, likewise of legal age, Filipino, married to Marianita Grifon

and a resident of Barangay Balili, Valencia, Negros Oriental, hereinafter referred to as the
VENDEE;

WITNESSETH:

That there is a parcel of land known as Lot No. 4349, of the Cadastral Survey of Sibulan,
situated in Barangay San Antonio, Sibulan, Negros Oriental declared in the name of the HEIRS
OF LIBERATO EUMAGUE under Tax Declaration No. 99-17-013-11433 and which parcel of
land is more particularly described as follows:

TAX DECLARATION NO. 99-17-013-1143

“A parcel of land (Lot No. 4349, of the Cadastral Survey of Sibulan), with
improvements found therein, situated in Barangay San Antonio, Sibulan, Negros
Oriental. Bounded on the North by Lot No.4348; on the South by Lot No 4333;
on the West by Lot No. 4350; and on the North by Lot No. 4334-B; containing an
area of ONE THOUSAND FOUR HUNDRED SEVENTY SIX (1,476) square
meters, more or less”;

That the herein HEIR-VENDORS have inherited the said parcel of land from their
grandfather Liberato Eumague who died intestate long time ago, leaving without any
testamentary will nor debts not settled until the present and upon his death he was survived by
his only compulsory heirs, namely: ESCOLASTICA and GREGORIO, both surnamed
EUMAGUE;

That ESCOLASTICA EUMAGUE died intestate sometime in 1945 leaving without any
testamentary will nor debt not settled until the present and upon her death she was survived by
her two children and only compulsory heirs, namely: ISIDRO and EUFRONIO, all surnamed
BANQUERIGO;

That GREGORIO EUMAGUE also died intestate sometime ago, leaving without any
testamentary will nor debts not settled until the present and upon his death he was survived by
his children and only compulsory heirs, namely: PABLITA, GEMENIANO, CELEDONIA, and
SERGIO, all surnamed EUMAGUE;

That invoking the provisions of Section 1, Rule 74 of the Rules of Court and related laws
on succession, the HEIR-VENDORS herein have settled and adjudicated unto themselves the
above-described parcel of land in accordance with their rights, interests and participations
thereof;

That for and in consideration of the sum of TWENTY THOUSAND PESOS

(Phjp20,000.00), Philippine currency, in hand paid by the Vendee herein and receipt in full is
hereby is hereby acknowledged by the heir vendors to their entire satisfactions, and that by virtue

- m o r e -
Deed of Heirship and Sale over Lot No. 4349, Page (2).

of these presents, the Heir-Vendors, DO HEREBY SELL, TRANSFER, and CONVEY unto the
Vendee, his heirs and assigns, in a manner absolute and irrevocable, all the vendor’s shares,
rights and interests over the aforementioned parcel of land; free from all lien and encumbrances;

That the Heir-Vendor declare that their shares over the above-mentioned parcel of land are
not tenanted nor worked upon by an agricultural lessee for they are all in actual possession of the
said parcel of land and that due notice was given to all persons affected by this transaction in
compliance with the provisions of the New Civil Code pertaining to the rights of the
redemptioner and preemptioner, but nobody signified their intentions to exercise the said right;
and that this transactions is in consonance with the provisions of the Comprehensive Agrarian
Reform Program of the government for the said parcel of land belongs to the retention limits of
the vendors.

IN WITNESS WHEREOF, we have hereunto affixed our signatures this ___day of

January 2008, at _______________, Negros Oriental.

ISIDRO BANQUERIGO EUFRONIO BANQUERIGO GEMENIANO EUMAGUE

PABLITA E. FERRER CELEDONIA E. PAALAMAN SERGIO EUMAGUE ELFREDO PAALAMAN

SIGNED IN THE PRESENCE OF:

1. PORFERIA EUMAGUE 2. _________________________________

AC KN OWLE D GME NT

Republic of the Philippines)

Province of Negros Oriental)s.s.
______________________)

BEFORE ME, this ____day of January 2008, at __________________, Negros Oriental,

personally appeared the Heir-Vendors and the vendee who exhibited their respective Community
Tax Certificates Nos. to wit:
Name Com. Tax Cert. Nos. Date and Place of Issue
Isidro Banquerigo 13513787 January 23, 2008, Sibulan, Negros Oriental.,
Eufronio Banquerigo 13513758 January 23, 2008, Sibulan, Negros Oriental,
Pablita Ferrer ___________ January , 2008, -do-
Gemeniano Eumague ___________ January , 2008, -do-
Celedonia Eumague ___________ January , 2008, -do-
Sergio Eumague ___________ January , 2008, -do-
Elfredo Paalaman ___________ January , 2008. -do-
all known to me to be the same persons who executed the foregoing document consisting of
two (2) pages, including this page of acknowledgement and all pages are duly signed by the
parties, together with their two instrumental witnesses; and that they acknowledged to me that
the same is their free act and voluntary deed.

WITNISS MY HAND AND SEAL, on the date, month, year, and place first above-
written.

Doc. No. ____;

Page No. ____;
Book No.____;
Series of 2008.