EXTRAJUDI CI ALSETTLEME MENT AMO MONG HEI RS An e xt r aj udi ci alse t t l eme ntbyagr eeme ntamo nghei r si sav ai l abl eas an expedi t i ous mode ofdi sposi ng est at e propert i es oft he decedent pr o v i de dt hef o l l o wi ngc ondi t i o nsar eme me t : ( a) Thedece dentl ef tnowi l l ( b) Thedecedentl ef tnodebt s.[ I tshal lbepr esumedt hatt hedecedentl ef t no de bt si fno c r e di t o r fil e s a pe t i t i o nf o rl e t t e r so fa dmi ni s t r a t i o n wi t hi nt wo( 2)year saf t ert hedeat hoft hedecedent . ] ( c) Thehei r sareal lofage,ort hemi mi norsar er epr esent edbyt hei rj udi ci al o rl e g alr e pr e s e nt at i v e sdul yaut ho r i z e df o rt hepur po s e, ( d) These t t l eme menti si nt hef or m ofapubl i ci nst r umentfil edi nt heoffic ffice oft her e gi s t e rofde eds , ( e) Al lt hehei r smu mustagre e,ot her wi se,t heset t l eme mentoft heest at emu must bepur suedbyme ansofanor di nar yact i onofpar t i t i on. ( f ) I ft her ei sonl yonehei r ,hema mayadj udi cat et ohi msel ft heent i r eest at e byme ansofanaffidavi tfil l edi nt heofficeoft her egi s t erofdeeds. ( g) The hei r s mus tfil e a bond wi t ht he sai dr eg i s t erofdee ds,i n an amo mountequi val entt ot heval ueoft heper sonalpr oper t yi nvol ved as cer t i fiedt ounderoat hbyt hepart i esconcer nedandcondi t i onedupon t hepayme mentofanyj ustcl ai mt hatmaybefil edunderSect i on 4,Rul e 74oft heRul esofCourt . ( h) The f actoft he ext r aj udi ci alse t t l eme mentor admi ni st r at i on shal lbe publ i shed onceawee kf ort hr eeconsec ut i vewee ksi n anewspaperof g e ne r a lc i r c ul at i o n ( i ) Theext r aj udi ci alse t t l eme ments hal lNOT be bi ndi ng upon anyper son whohasnotpar t i ci pat edt her ei norhadnonot i cet her eof . s e eSe c t i o n1,Rul e74o ft heRul e so fCo ur t ] [
KNOWN BY ALLMEN THESE PRESENTS:
Thi s Ext r aj udi ci alSe t t l ement ofEs t at e,made and e xecut ed i n _ _ _ [ Pl ac e]___ _ on___ _ [ Dat e ]_ _ _ _ byandamo mong:
_ _ _ [ Name me ] _ _ _ _ _ _
Fi l i pi no of l egal ag e, s i ngl e /ma mar r i e d/wi dowed r e s i di ngat_ _ _ [ Addr ess] _ _ _ _
_ _ _ [ Name me ] _ _ _ _ _ _
Fi l i pi no of l egal ag e, s i ngl e /ma mar r i e d/wi dowed r e s i di ngat_ _ _ [ Addr ess] _ _ _ _
_ _ _ _ _ _ [ Name me ] _ _ _
Fi l i pi no of l egal ag e, s i ngl e /ma mar r i e d/wi dowed r e s i di ngat_ _ _ [ Addr ess] _ _ _ _
WI TNESSETH:
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Thatt heabove namedpar t i esar et hes ol ehei r sof_ _ _[ Name ofDec edent ]_ _ ,be i ng t he l at t e r ’ sl e g i t i mat ec hi l dr e n and s ur v i v i ngs po us e ,r e s pe c t i v e l y .
2.
The_ _ [ NameofDec edent ]_pas se dawayo n_ [ Dat e ]__ ,and att het i meo fhi sde at h,wasr e s i di ngat_ _ _ _ [ Pl ac e] _ _ _ _ ;
3.
Thatt hede ce dentl ef tnowi l l ;
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Thatt ot he bes tknowl edg e and i nf or mat i on oft hepar t i e s he r e t o,t hes ai dde c e as e dl e f tnode bt s ;
5.
Thatt hes ai d dec eas ed,att het i meofhi sdeat h,owne dt he f ol l o wi ngpr o pe r t i e s: ( a)a onehal f pr oi ndi vi so shar e ofa (__ __ sq. m) r e al pr oper t y si t uat ed i n( s i t us o fpr o pe r t y ) ,and co v er ed by Tr ansf er Cer t i fic at e ofTi t l e( TCT)No._ _ _ _ _ _ _ _ _ _ oft he Regi st erofDee ds of[ Pl ac e] ,r egi st er ed i n Book T____ _, Page __ ___ _,t oget herwi t h al lt he exi st i ng i mpr ovement s t he r e o nc o ns i s t i ngof[ aho us eofs t r o ngmat e r i al s ] . ( b)[ i nser taddi t i o nalpr oper t i es,pr oper l yde sc r i bed]. ( c)[ i nser taddi t i onalpr oper t i es,pr oper l ydesc r i bed].
6.
Thatnoper sonalpr oper t i esar ei nvol ve di nt hi sext r aj udi ci al s e t t l e me nt ;
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Thatby agr e ementbe t we en t he par t i es her ei n,t he ent i r e i nt er estoft he decedenti nt he abovedescri bed pr opert i es shal lbe di vi ded and se t t l ed among t hem i nt he f ol l owi ng manner ,t owi t : s t at ef r a ct i onali nt e r e s to fe ac hpar t y : 1/3 t o [ name] 1/3 t o [ name]
8.
[ Name of hei r ] , do he r e by her eby wai v e and adj udi cat e hi s/hershar e as hei requi val entt o[ 1/3]oft he est at e of hi s/herl at espouse,and t hatofherown shar ei nt hesai d pr opert yaspartowneroft heconj ugalpart ner shi p,i nf avor of hi s/her chi l dre n, [ Name of c hi l dr e n] , so t hat f ul l owne r shi p ofhi s/hersai d shar e and part i ci pat i on i nt he abovedescr i bedpr oper t i esmaynow beconsol i dat edi nf avor ofhi s/herchi l dr en,who wi l lnow bet hesol eand absol ut e coowner soft hewhol epr opert yabovedescri bed.
I N WI TNESSWHEREOF,t hepar t i eshav eher eunt ose tt hei rhands t hi s_ _ _ _ _ da yof_ _ _[ Mont h,Year ]_ _ _ _at_ _ _ _ [ Pl ac e]_ _ _ _ .
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Si gnedi nt hepr esenceof : _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
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ACKNOWLEDGMENT
REPUBLI C OFTHE PHI LI PPI NES) ____ ____CI TY )S. S.
t aryPubl i cf orand i nt heCi t yof__[ Pl ac e ]_ , BEFORE ME,a No Phi l i ppi ne st hi s_ _[ Dat e ] _ pe r s o nal l yappe ar e dt hef o l l o wi ng : Names
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Dat e/Pl aceI ss ue d
knownt omeandt omeknownt obet hesameper sonswhoe xe c ut edt he f or egoi ng Ext r aj udi ci alSet t l ementAmong Hei r sconsi st i ng oft hr e e( 3) pagesi ncl udi ngt hi spage ,andt heyac knowl edgedt o met hatt hesame i st hei rf r eeandvol unt aryactanddeed. tt hepl aceand on WI TNESS MY HAND AND NOTARI AL SEAL a t hedat efir sther ei nabovewri t t en. Not aryPubl i c
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