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EXTRAJUDICIAL SETTLEMENT OF ESTATE

OF
THE LATE JOSE P. SARILLA

KNOW ALL MEN BY THESE PRESENTS:

This AGREEMENT, made and entered into in the __________, Philippines, by


and between/among –

1. PETRONILA TALATTU-SARILLA, of legal age, widow of the late JOSE P.


SARILLA, Filipino citizen, and a resident of __________, Republic of the
Philippines;

2. __________, of legal age, (civil status), (citizenship), and with residence


and postal address at __________, Republic of the Philippines;

3. RACQUEL T. SARILLA, of legal age, single, Filipino citizen, and a resident


of #16 General Arellano Street, Barangay West Rembo, Makati City, Metro
Manila, Republic of the Philippines;

4. __________, of legal age, (civil status), (citizenship), and with residence


and postal address at __________, Republic of the Philippines;

5. __________, of legal age, (civil status), (citizenship), and with residence


and postal address at __________, Republic of the Philippines;

6. __________, of legal age, (civil status), (citizenship), and with residence


and postal address at __________, Republic of the Philippines;

WITNESSETH: THAT –

1. The parties are the only surviving legal heirs of the deceased JOSE P.
SARILLA, who died intestate in ______________, which was his place of
residence at the time of his death on __________________ (hereinafter
referred to as DECEDENT).

1.01 A copy of the Marriage Certificate of the Decedent is hereto attached


and made an integral part hereof as Annex “A.”

1.2 A copy of the Decedent’s certificate of death is hereto attached and


made an integral part hereof as Annex “B.”

1.03 Copies of the respective birth certificates of the Heirs of the late
Jose P. Sarilla are hereto attached and made integral parts hereof
as Annexes “C”, “D”, “E”, “F” and “G.”

2. That the deceased at the time of his death left certain personal property
(“Estate”) and more particularly described as follows, a copy is hereto
attached as Annex “F” and made an integral part of this Deed;
ORIGINAL CERTIFICATE OF TITLE No. P-33653
Register of Deeds for the Province of Isabela

“Lot No. 3-B, Psu-1345703-Amd. (Portion of Lot 1021,


Cndm-486-D). Beginning at a point marked “1” of Lot 3-B, Psu-
134573-Amd., portion of Lot 1021 Cadm.-486-D, being S. 23-44
W., 6173.35 m. from Tumauini Church Tower, Tumauini,
Isabela, thence, S. 35-25 E., 125.00 m. to point 2; S. 67-02 W.,
337.72 m. to point 3; N. 24-32 W., 125.88 m. to point 4; N. 67-
44 E., 311.24 m. to point of beginning.”

“xxx containing an area FORTY THOUSAND (40,000) SQUARE


METERS.”
xxx xxx xxx

3. That there are no known debts or obligations due against the estate of the
said decedent;

4. That, it is to the very best interest of the parties hereto to adjudicate unto
themselves the entire estate extrajudicially in the form and manner
hereinafter set forth;

NOW THEREFORE, for and in consideration of the foregoing premises


and invoking the provision of Sec. 1 Rule 74 of the Rules of Court, the said
HEIRS above named have agreed to settle the estate extrajudicially and to this
effect do hereby partition and adjudicate the same unto themselves and the
foregoing inheritance, subject however to the liabilities imposed by Sec. 4, Rule
74 of the Rules of Court for a period of two (2) years in favor of any other
possible heirs, creditors or any other person deprived of the lawful participation
over the said estate of the deceased and encumbrances;

The parties agree to publish this instrument in a newspaper of general


circulation in the City and Province of _____ once a week for three (3)
consecutive weeks.

In the remote event that any other property of the decedent should ever be
found who is not included hereinabove, the HEIRS hereto further agree as they
do so agree to settle and distribute the same in like manner and proportion as
herein established and disposed.

That the HEIRS hereby covenant and further warrant that should there be
preterition or omission of one, some, or all of the compulsory heirs in the direct
line, whether living or not at the time of the execution of this Deed, will not
invalidate/nullify the terms and conditions of this Deed. Instead, the HEIRS shall
proportionately oblige themselves to pay to the omitted Heirs or the latters’
heir(s) the share which belongs to him/them, in accordance with the rules of
succession under the Civil Code of the Philippines.

IN WITNESS WHEREOF, I have hereunto affixed my signature this ____ day


of 20_____, at ______, Republic of the Philippines.

PETRONILA T. SARILLA
_______________

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RACQUEL T. SARILLA
_______________

_______________
_______________

SIGNED IN THE PRESENCE OF:

__________________________
_________________________

ACKNOWLEDGEMENT

REPUBLIC OF THE PHILIPPINES }


____________________________ } S.S.

BEFORE ME, a Notary Public for and in _____________, Republic of the


Philippines personally appeared this __________ day of ________ the following
persons who are identified by me through their competent evidence of identity:

Name Competent Evidence of Date/Place Issued


Identity
PETRONILA TALATTU-SARILLA

RACQUEL T. SARILLA

known to me and to me made known to be the same persons who executed the
foregoing instrument and acknowledged to me that the same is their own free
voluntary act and deed.

This instrument refers to an Extrajudicial Settlement of Estate of the Late Jose


P. Sarilla consisting of ___ (__) pages including this page on which the
acknowledgment is written and duly signed by the parties and their instrumental
witnesses.

WITNESS MY HAND AND NOTARIAL SEAL on the date and place first
above written.

Notary Public

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Doc. No. _____;
Page No. _____;
Book No. _____;
Series of 2021.

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