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EXTRA-JUDICIAL SETTLEMENT OF ESTATE

OF THE LATE SPOUSES JUSTINO LIBARNES AND


JOSEFITA R. LIBARNES WITH SALE

KNOWN ALL MEN BY THESE PRESENTS:


This Extra-judicial settlement of the Estate of the late spouses Justino Libarnes and
Josefita R. Libarnes with Sale, executed by and among-

JANE LIBARNES FRANCISCO, of legal age, married and resident of Sapang Palay,
del Monte, Bulacan, hereinafter referred to as Heir-adjudicatee and Co-vendor;

FLORENCE LIBARNES GALVE, of legal age, married and resident of Poblacion


Mainit, Surigao del Norte, hereinafter referred to as Heir-adjudicatee and Co-vendor;

VICKY LIBARNES MOSTER, of legal age, married and resident of Caloocan City,
Metro Manila, hereinafter referred to as Heir-adjudicatee and Co-vendor;

XERXES R. LIBARNES, of legal age, married anf resident of Imus, Cavite, hereinafter
referred to as Heir-adjudicatee and Co-vendor;

BETSY LIBARNES MEDINA, of legal age, married and resident of Caloocan City,
Metro Manila, hereinafter referred to as Heir-adjudicatee and Co-vendor;

BILARDO R. LIBARNES, of legal age, married and resident of Damarias, Cavite,


hereinafter referred to as Heir-adjudicatee and Co-vendor;

SHIRLEY LIBARNES OCAMPO, of legal age, married and resident of Baguio City,
hereinafter referred to as Heir-adjudicatee and Co-vendor-

WITNESSETH

That the herein heirs are the only legitimate children of the late spouses Justino Libarnes
and Josefita Rivero Libarnes, who both died intestate on December 3, 1974 and June 14, 2005,
repectively, in Mainit, Surigao del Norte;

That at the time of their death, the decedent spouses left a certain property, their conjugal
property located at Barangay Poblacion Quezon, Mainit, Surigao del Norte, more particularly
describe as follows:

A PARCEL OF LAND (Lot 1936 and Assessors Lot No. 013, Case 1, Pls-898),
located in Barangay Poblacion Quezon, Mainit, Surigao del Norte, declared for taxation
under Tax Declaration No. 13-14-0200259 in the name of Justino Libarnes, containing an
area of Two Hundred Twenty (220) square meters and bounded as follows: North, by Lot
No. 1957; South, by Lot 3020-1007, 3016/SEC 25-00; East, by Mosende St.; and West,
by Lot No. 1935;

That as far as known to the herein heirs, the decedent left, left no debts chargeable against
their estate and that this settlement does not include their personal properties;

That the herein heirs being all of legal age, it is to their best interest if above described
property of the decedent spouses will be divided and adjudicated to them pursuant to the law on
intestacy;

That a copy of this Extra-judicial settlement has been published in a newspaper of general
circulation in the Province of Surigao del Norte and City of Surigao once and week for three (3)
consecutive weeks at the expense of the herein heirs;
WHEREFORE, invoking the provisions of Sec. 1, Rule 74 of the Revised Rules of Court,
the parties herein have mutually agreed as, they hereby mutually AGREE to sell the entire estate
of the decedent spouses and to divide among them the proceeds of the sell pursuant to the law on
Intestacy i.e., each heir-adjudicatee shall be entitled to One-seventh (1/7) share of the total
proceeds of the sale:

WITNESSETH FURTHER

That for and in consideration of the sum of Two Hundred Fifty Thousand (250,000.00)
Pesos, Philippine Curency, to us in hand paid by spouses ALVIN LIBARNES GALVE and
CRISTY MARIE CONSIGO GALVE, of legal age and resident of Barangay Quezon
Poblacion, Mainit, Surigao del Norte, receipt whereof is hereby acknowledge and confessed to
our mutual satisfaction, we have sold, transferred and conveyed and, by these presents do hereby
SELL, TRANSFER and CONVEY, by way of absolute sale forever and irrevocably, unto and in
favor of the said spouses Alvin Libarnes Galve and Cristy Marie Consigo Galve, their heirs
successors and assigns, any and all of our respective interests, shares and participation from the
herein inheritance of the late spouses Justino Libarnes and Josefita Rivero Libarnes as herein
adjudicated to us, free from any lien or encumbrance whatsoever;

IN WITNESS WHEREOF, we have hereunto set our hands this ________th day of
______ 2017, at Surigao City, Philippines.

JANE L. FRANCISCO FLORENCE L. GALVE


Heir-adjudicatee & Co-vendor Heir-adjudicatee & Co-vendor
OSCA ID NO. 13-8019 OSCA ID NO. 8407-308

VICKY L. MOSTER XERSES R. LIBARNES


Heir-adjudicatee & Co-vendor Heir-adjudicatee & Co-vendor
ID NO. ____________ ID NO. ________________

BETSY L. MEDINA BILARDO P. LIBARNES


Heir-adjudicatee & Co-vendor Heir-adjudicatee & Co-vendor
ID No. _____________ ID No. _______________

SHIRLEY L. OCAMPO ALVIN LIBARNES GALVE


Heir-adjudicatee & Co-vendor Vendee
ID No. ____________ ID No. EB 8795165

Signed in the presence of:

1. ___________________________________ 2. __________________________________

ACKNOWLEDGMENT

REPUBLIC OF THE PHILIPPINES)


CITY OF SURIGAO ) S.S.

BEFORE ME, this ___ day of July 2017 in the City of Surigao, Province of Surigao del
Norte, Philippines, personally appeared:

JANE L. FRANCISCO OSCA ID NO. 13-8019


FLORENCE L. GALVE OSCA ID NO. 8407-308
VICKY L. MOSTER ID No. __________
XERSES R. LIBARNES ID No. 0003953
BETSY L. MEDINA ID No. __________
BILARDO P. LIBARNES ID No. __________
SHIRLEY L. OCAMPO ID No. __________
ALVIN LIBARNES GALVE ID No. EB 8795165
CRISTY MARIE CONSIGO GALVE ID No. __________

known to me to be the same person who executed the foregoing instrument, and who
acknowledged to me that the same is their free act and deed.

The foregoing instrument which relates to a Extrajudicial Settlement of Estate with


Absolute Sale of a parcel of land consisting of 3 pages including the page on which this
acknowledgment is written, has been signed on the left margin of each and every page by the
parties and the witnesses.

IN WITNESS WHEREOF, I have hereunto set my hand and affixed my notarial seal, on
the day, year, and place above written.

Doc. No. ____;


Page No. ____;
Book No. ____;
Series of 20___.

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