Extra-Judicial Settlement of Estate With Sale: Know All Men by These Presents

EXTRA-JUDICIAL SETTLEMENT OF
ESTATE WITH SALE

KNOW ALL MEN BY THESE PRESENTS:
This EXTRA-JUDICIAL SETTLEMENT ESTATE WITH SALE is made

and entered into by and among:
FLORMA B. ALTIZO, widow, of legal age, Filipino, and a resident of

Sasa, Davao City, Philippines;
FLORDECITA ALTIZO PUNAYAN, married to ROLYN C. PUNAYAN,

both of legal age, Filipinos, and residents of Mawab, Davao de Oro,
Philippines;
ROMULO B. ALTIZO, who died single on February 03, 2022,

without any issue and/or surviving heirs;
VENERANDO B. ALTIZO, married to MELITA M. ALTIZO, both of

legal age, Filipinos, and residents of Poblacion, Boston, Davao Oriental,
Philippines;
ANTONINO B. ALTIZO, who died on April 20, 2022, without any

issue and left no will, and was survived by the following heirs namely:
JURIBEL L. ALTIZO and GRACE T. ALTIZO, both of legal age,
widow/single respectively, Filipinos, and residents of Carmen, Boston,
Davao Oriental and Samal, Davao del Norte.
All hereinafter referred to as Heir-Vendors; and
ANGELIE M. ALTIZO, living together with STEPHEN JIM T. ADALIM,

both of legal age, Filipinos, and residents of Poblacion, Boston, Davao
Oriental, Philippines, hereinafter referred to as the Vendee.
W I T N E S S E T H, THAT:
WHEREAS, MERCURIO BOTON ALTIZO, died in Boston, Davao

Oriental, on December 27, 1991, without leaving any will and left no
known debts or obligations;
WHEREAS, the above-named persons are the surviving children of

the aforementioned deceased person referred to as heir-vendors;
WHEREAS, during the lifetime of MERCURIO B. ALTIZO, he

owned a parcel of land covered by Transfer Certificate of Title No.
T-27619 situated in Boston, Davao Oriental, containing an area of Six
Hundred Seventy Five (675) square meters, more or less, which is
hereunder particularly described as follows:
Transfer Certificate of Title

No. T-27619
Page 1 of 3
A parcel of land (Lot 3405 of the cadastral survey of Cateel,
Cadastral Case No. N-21, L.R.C. Cadastral Record No. N-153),
situated in the Bo. of Boston, Mun. of Cateel, Province of Davao.
Bounded on the NE., by San Nicolas Street (Provincial Road); on the
SE., by Lot No. 3404; on the SW., by Lot 3343; and on the NW., by
Lot 3406. Beginning at a point marked “1” on plan, being S. 27 deg.
47’W., 20.10 m. from B.L.L.M. No. 3; T H E N C E……..
S. 5 deg. 59’E., 23.25 m. to point 2;

N. 78 deg. 03’W., 24.73 m. to point 3;
N. 25 deg. 37’W., 24.42 m. to point 4;
N. 79 deg. 07’E., 32.92 m. to the point of
beginning.
Containing an area of SIX HUNDRED SEVENTY FIVE (675),

SQUARE METERS, more or less. All points referred to are
indicated on the plan. Bearings True. Dates of survey, November
16, 1940 – December 31, 1941 and September 1, 1946 – November
5, 1954.
Pursuant to Rule 74 Section 1 of New Rules of Court the above-

mentioned heirs have hereby agreed to settle, partition, and divide
equally among themselves the afore-mentioned parcel of land.
For and in consideration of the sum of ONE HUNDRED FIVE

THOUSAND PESOS (P105,000.00) ONLY, Philippine Currency,
which the Heir-Vendors have received from the Vendee, to their
complete and mutual satisfaction, the Heir-Vendors hereby SELL,
CEDE, TRANSFER, CONVEY and DELIVER, possession, control and
ownership unto the Vendee a portion of ONE HUNDRED THIRTY
FIVE (135), square meters, more or less, and all other
improvements existing and found therein, or their heirs, assigns and
successors-in-interest, free from all liens and encumbrances.
IN WITNESS WHEREOF, the parties have hereunto set their hands

this ______________, in Nabunturan, Davao de Oro, Philippines.
FLORMA B. ALTIZO FLORDECITA A. PUNAYAN

Heir-Vendor Heir-Vendor
VENERANDO B. ALTIZO JURIBEL L. ALTIZO

Heir-Vendor Heir Vendor
GRACE T. ALTIZO ANGELIE M. ALTIZO

Heir-Vendor Vendee
Signed in the presence of:
STEPHEN JIM T. ADALIM & RAJIV. DAY

ACKNOWLEDGMENT
Page 2 of 3
Republic of the Philippines }
Province of Davao de Oro } S.S.
Municipality of Nabunturan }
x-------------------------------------x
BEFORE ME, a Notary Public for and in the Province of

Davao de Oro, Philippines, personally appeared the following:
Name: CEI:
FLORMA B. ALTIZO Phil. ID No. 4917-6024-

5072-9810
FLORDECITA A. PUNAYAN Phil. ID No. 5164-9587-2174-
3829
VENERANDO B. ALTIZO TIN: 181-613-273
JURIBEL L. ALTIZO VIN: 4507-0086A-
F0869JLP20000
GRACE T. ALTIZO Phil. ID No. 5297-4657-0268-
3753
ANGELIE M. ALTIZO VIN: 2503-0006A-
B1088AMA20000
all known to me to be the same persons who executed the

foregoing instrument and they acknowledged to me that the
same as their own, free, voluntary act and deed.
This instrument, Extra-Judicial Settlement of Estate with

Sale, consisting of three (3) pages, including this page, on which
this Acknowledgment is written, had been signed by the parties
and their instrumental witnesses on each and every page hereof.
WITNESS MY HAND AND SEAL, this _____________, in

Nabunturan, Davao de Oro, Philippines.
Doc. No. _____;

Page No. _____;
Book No. _______;
Series of 2023.
Page 3 of 3

Extra-Judicial Settlement of Estate With Sale: Know All Men by These Presents

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Extra-Judicial Settlement of Estate With Sale: Know All Men by These Presents

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EXTRA-JUDICIAL SETTLEMENT OF

ESTATE WITH SALE

This EXTRA-JUDICIAL SETTLEMENT ESTATE WITH SALE is made

FLORMA B. ALTIZO, widow, of legal age, Filipino, and a resident of

FLORDECITA ALTIZO PUNAYAN, married to ROLYN C. PUNAYAN,

ROMULO B. ALTIZO, who died single on February 03, 2022,

VENERANDO B. ALTIZO, married to MELITA M. ALTIZO, both of

ANTONINO B. ALTIZO, who died on April 20, 2022, without any

All hereinafter referred to as Heir-Vendors; and

ANGELIE M. ALTIZO, living together with STEPHEN JIM T. ADALIM,

WHEREAS, MERCURIO BOTON ALTIZO, died in Boston, Davao

WHEREAS, the above-named persons are the surviving children of

WHEREAS, during the lifetime of MERCURIO B. ALTIZO, he

Transfer Certificate of Title

S. 5 deg. 59’E., 23.25 m. to point 2;

Containing an area of SIX HUNDRED SEVENTY FIVE (675),

Pursuant to Rule 74 Section 1 of New Rules of Court the above-

For and in consideration of the sum of ONE HUNDRED FIVE

IN WITNESS WHEREOF, the parties have hereunto set their hands

FLORMA B. ALTIZO FLORDECITA A. PUNAYAN

VENERANDO B. ALTIZO JURIBEL L. ALTIZO

GRACE T. ALTIZO ANGELIE M. ALTIZO

Signed in the presence of:

STEPHEN JIM T. ADALIM & RAJIV. DAY

BEFORE ME, a Notary Public for and in the Province of

FLORMA B. ALTIZO Phil. ID No. 4917-6024-

all known to me to be the same persons who executed the

This instrument, Extra-Judicial Settlement of Estate with

WITNESS MY HAND AND SEAL, this _____________, in

Doc. No. _____;

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