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EXTRAJUDICIAL SETTLEMENT OF ESTATE

KNOW ALL MEN BY THESE PRESENTS:

This agreement, made and entered into this ____________ in Bacoor, Cavite,
by and between:

A, of legal age, Filipino, married, residing at Block 1 Lot 2 Pashneya


Residences in Bacoor, Cavite; and

B, of legal age, Filipino, single, residing at 1234 Starfish Residences in


Bonifacio Global City, Taguig City;

WITNESSETH, that :

WHEREAS, the above-named HEIRS are the only surviving and lawful heirs
of Jungkook and Yoonji, who both died intestate on ________, copies of the death
certificates are hereto atached as Annex A and B;

WHEREAS, there are no known debts or obligations due against the estate of
the said decedents;

WHEREAS, the spouses Jungkook and Yoonji are the absolute and registered
owners of a parcel of land located at Daegu, Batangas, as well as the 2-story house
therein, and a parcel of land located Seoul, Batangas covered by Transfer Certificate
of Title No.14344 and Original Certificate of Title No. P-12345, respectively, of the
Registry of Deeds of Batangas and more particularly described as follows:

Transfer Certificate of Title (TCT) No. 84832


and is now covered by Tax Declaration No. 843292

“H-777777
Beginning at a point marked “1” on plan H-777777, being N. 57-
26’ W., 721.68 m. from B.L.L.M. 61, Daegu P1s-59, Mp. of Lipa City,
Province of Batangas, thence

S. 89-45’ W., 240.02 m. to point 2; N. 4-29’ E., 199.83 m. to point 3; N. 89-


20’ E., 225.02 m. to point 4; N. 89-44’ E., 282.14 m. to point 5; S. 8-38’ W.,
202.14 m. to point 6; N. 89-55’ W., 252.40 m. to point 1; point of beginning

Containing an area of ONE THOUSAND (1,000) square meters,


more or less.”

Original Certificate of Title (OCT) No. P-12345


and covered by Tax Declaration of No. 51255

“Lot No. 3073, Ts-268


Beginning at a point marked “1” of Lot 3073, Ts-268, being:
N.36-05E., 2046.62m. from BLLM No. 33 to cor. 1, thence;
N.00-09w., 39.56m. to point 2; s.89.-35E., 19.47m. to
point 3;
S.00-20E., 39.38m to point 4; s.89-53w., 19.60m. to
point 1; point of beginning.

Containing an area of ONE HUNDRED THOUSAND (100,000)


square meters.”

WHEREAS in pursuant to Rule 74, Sec. 1 of the Revised Rules of Court of


the Philippines and with full capacity to contract, 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; Rafael Torres will inherit the 1,000 square
meter lot with the 2-storey house in Daegu, Batangas and Ashley Torres will inherit
the 10-hectare farm lot located in Seoul, Batangas.

IN WITNESS WHEREOF, we hereunto set our hand on the___________ at


Bacoor, Cavite.

The Heirs of Jungkook and Yoonji Min

A B

SIGNED IN THE PRESENCE OF:

__________________________ _________________________

ACKNOWLEDGEMENT

Republic of the Philippines}


Municipality of Bacoor } S.S

BEFORE ME, a Notary Public in and for the Municipality of Bacoor this 5th
day ofJanuary 2020, personally appeared the following persons:

Name Identification Card Valid until


A PRC Engineer License No. 12345 July 23, 2023
B Driver’s License No. D02-12345-1234

Who have satisfactory proven to me their identity that they are the same
person who executed and voluntarily signed the foregoing EXTRAJUDICIAL
SETTLEMENT OF ESTATE which they acknowledge before me as their free and
voluntary act and deed.

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

DOC NO. _____;


PAGE NO. _____;
BOOK NO. _____;
SERIES of _____.

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