EXTRAJUDICIAL SETTLEMENT OF ESTATE AMONG HEIRS

WITH
WAIVER OF RIGHTS
KNOW ALL MEN BY THESE PRESENTS:
This EXTRAJUDICIAL SETTLEMENT OF ESTATE AMONG HEIRS
WITH WAIVER OF RIGHTS, is made and entered into by and among :
HEIRS OF THE LATE CORAZON LLAGAS TURIANO,
represented by SOFRONIO S. TURIANO, JASMIN TURIANO PERALTA
and JEAN TURIANO CASTILLO, all of legal age, Filipino and residents of
Barangay Sta. Elena, Iriga City;
HEIRS OF THE LATE AURORA LLAGAS BENJAMIN
represented by LORE A. BENJAMIN, of legal age, Filipino, widow, with
resident and postal address at Barangay San Francisco, Iriga City;
JAIME T. LLAGAS, of legal age, Filipino, married to Leni C.
Turiano, and a resident of and with postal address at Barangay Sta. Elena,
Iriga City;

WITNESSETH
That the above named parties , are the legitimate children and
heirs of the late CELEDONIO LLAGAS who died on June 12, 1997 at Sta.
Elena, Iriga City, without any Will or Testament;
That said deceased , at the time of his death left four (4) parcels
of real properties situated at Barangay Sta. Elena, Iriga City and more
particularly described as follows, to wit:
PARCEL I:
A parcel of coconut land (semi-urban) designated as
Cadastral Lot No. 6361 with an approximate area of SIX
THOUSAND EIGHT HUNDRED (6,800) Square Meters, more or less,
bounded on the North by Lot 6362 in the name of Iraola; on the
East by Lot No. 6465- Pio Balang; on the South by Lot No. 6441
Feliciano Llagas and on the West by Road, delimited all around by
visible boundary marks and declared for taxation purposes in the
name of Celedonio Llagas under Tax Declaration No. 2006-0310226 and assessed at P49,980;
PARCEL II:
A parcel of coconut land designated as Cadastral Lot No.
6467 with an approximate area of FIFTEEN THOUSAND (15,000)
Square Meters, more or less, bounded on the North by Lot 6348 Maria Ibarreta; on the East by Lot No. 6464- Jacinto Orcine; on the
South by Lot No. 6360 and on the West by Lot 10195- Artemio
Cortez, delimited all around by visible boundary marks and
declared for taxation purposes in the name of Celedonio Llagas
under Tax Declaration No. 2006-031-0271 and assessed at
P111,260.00;

PARCEL III:
A parcel of residential land designated as Cadastral Lot No.
6331 with an approximate area of THREE HUNDRED (300) Square
Meters with residential building erected thereon , bounded on the
North by Lot 6270 - Heirs of Celedonio Llagas; on the East by Lot
No. 6270- Heirs of Celedonio Llagas; on the South by Provincial
Road to Buhi and on the West by Barangay Road and declared for
taxation purposes in the name of Celedonio Llagas under Tax
Declaration No. 2006-031- 0397 (Lot) and Tax Declaration 2006031-0396 (Building) and assessed at P27,000.00 and P70,000.00,
respectively ;
PARCEL IV:
A parcel of coconut land (semi-urban) designated as
Cadastral Lot No. 6436 with an approximate area of TWENTY
SEVEN THOUSAND (27,000) Square Meters, more or less, bounded
on the North by Lot 5437 Pio Balang and Lot 6438 Jose Emila; on
the East by Lot No. 8435- Exequiel Salcedo; on the South by Lot
No. 6440- Felipe Angeles; and on the West by Lot 6441Feliciano Llagas,, delimited all around by visible boundary marks
and declared for taxation purposes in the name of Celedonio
Llagas under Tax Declaration No. 2006-031-0232 and assessed
at P180,230.00;
That no personal properties are involved in this Extrajudicial
Settlement of Estate with Waiver of Rights
That to the best knowledge and information of the parties hereto,
the said deceased left no debts;
That the parties hereto, being all of legal age, with full capacity to
contract hereby by these presents agree to divide and adjudicate among
themselves, the above described real estate in equal share;
That FURTHER, WE, SOFRONIO S. TURIANO, HEIRS OF THE
LATE AURORA LLAGAS BENJAMIN represented by LORE A. BENJAMIN
and JAIME T. LLAGAS, do WAIVE, RENOUNCE, AND QUITCLAIM
forever, whatever SHARE, RIGHT, INTEREST, OWNERSHIP AND
PARTICIPATION we have in the above described real properties in
the manner following:
TO JASMIN TURIANO PERALTA :
PARCEL I - Lot 6361 6,800 square meters PARCEL II Lot 6467 -15,000 square meters
PARCEL III - Lot 6361 300
square meters with Residential
Building
TO JEAN TURIANO CASTILLO
27,000 square meters

PARCEL

IV -

Lot 6436-

That we have received our just share and have no claim against
each other.

IN WITNESS WHEREOF, we have hereunto affixed our

signatures this _____ day of August, 2016 at Iriga City, Philippines.

SOFRONIO S. TURIANO
HEIRS OF THE LATE AURORA
LLAGAS BENJAMIN
Heir/Waivor
Represented By:
JAIME T. LLAGAS
Heir/Waivor

LORE A. BENJAMIN
Heir/Waivor

JASMIN TURIANO PERALTA

JEAN TURIANO CASTILLO
Heir/Waivee

Heir/Waivee

SIGNED IN THE PRESENCE OF :

__________________________

AND

__________________________

ACKNOWLEDGMENT
Republic of the Philippines)
IRIGA CITY
)S.S.
BEFORE ME, a Notary Public for and in the City of Iriga this _____
day of August, 2016 at Iriga City, Philippines, personally came and
appeared the parties with their valid proof of identification:
Sofronio . Turiano
___________________
Jasmin Turiano Peralta
____________________
Jean Turiano Castillo
____________________
Jaime T. Llagas
____________________
Lore A. Benjamin
____________________
Known to me, and to me known to be the same persons who executed the
foregoing Extrajudicial Settlement of Estate with Waiver of Rights which
they have acknowledge before me as their free and voluntary act and
deed.
This instrument consist of 3 pages duly signed by the parties and
their witnesses, including this page where the acknowledgment is written.
WITNESS MY HAND AND OFFICIAL SEAL at the place and date
above written

Doc No. _____

Page No. ____
Book No. ____

Series of 2015