PETITION Plaintiff, by counsel and to this Honorable Court, respectfully states that:
1. Plaintiff, ABCD, is of legal age, Filipino citizen, single, with residence and postal address at 333 Brgy. Kaimito, Maasin City, Southern Leyte;
2. Defendant, XYZ, is of legal age, Filipino citizen, single, with residence and postal address at 232 Brgy. Kaimito, Maasin City, Southern Leyte, where he may be served with summons and other court processes;
3. That plaintiff is the owner as the pro-indiviso owner with the defendant a property in litigation located in Brgy. Lunas, Maasin City, Southern Leyte, Philippines which has a fair market value of One Million Pesos (P1,000,000.00);
4. That the defendant is in actual possession of the property in litigation and as such, he is in control of the produce of the property pending litigation;
5. That the produce and income from said property are in danger of being lost, removed or materially injured unless a receiver be appointed to guard and preserve the same;
6. That the defendant is hopelessly insolvent for he is heavily indebted to various persons;
7. That petitioner is willing and ready to file a bond in the amount which this Honorable Court may fix in favor of the defendant against whom this receivership is presented to the effect that he, the plaintiff to the defendant all damages which he will sustain by reason of the appointment of the receiver in case the plaintiff shall have procured such appointment without sufficient cause, and such other bonds which this Honorable Court may require him to file hereafter, as security for such damages
PRAYER
WHEREFORE, plaintiff prays that:
1. An order be issued appointing a receiver;
2. After hearing, a judgment be rendered declaring that plaintiff is entitled to the property and its proceeds, and sentencing the defendant to pay the amount of the income from the property he is entitled to receive plus liquidated damages, penalties, and interest until fully paid;
3. In either case, to order herein defendant to pay the plaintiff the sum of One Hundred Thousand Pesos (P100,000.00) as Attorneys Fees, and to reimburse the plaintiff the expenses for bond, litigation expenses as may be proved during the trial, and other expenses and cost suit;
4. Other reliefs as may be deemed just and equitable in the premises are likewise paid for.
Maasin City, Southern Leyte
September 11, 2014
EARNSWELL P. TAN Counsel for the Plaintiff Roll No. 12345 IBP NO. 946492 1/1/2017 PTR NO. 564800 1/1/2017 Tan Law Office, Abgao, Maasin City, Southern Leyte
REPUBLIC OF THE PHILIPPINES) MAASIN CITY ) s.s.
VERIFICATION
I, ABCD, of legal age, after having been duly sworn in accordance with law, depose and state that:
1. I am a plaintiff in the above-stated case; 2. I caused the preparation of the foregoing complaint; 3. I have read the contents thereof and the facts stated therein are true and correct of my personal knowledge and/or on the basis of copies of documents and records in my possession; 4. I have not commenced any other action or proceeding involving the same issues in the Supreme Court, the Court of Appeals, or any other tribunal or agency; 5. To the best of my knowledge and belief, no such action or proceeding is pending in the Supreme Court, the Court of Appeals, or any other tribunal or agency; 6. If I should thereafter learn that a similar action or proceeding has been filed or is pending before the Supreme Court, the Court of Appeals, or any other tribunal or agency, I undertake to report that fact within five (5) days therefrom to this Honorable Court.
ABCD Affiant
SUBSCRIBED AND SWORN to before me this 7th day of July, 2014 at Abgao, Maasin City, Southern Leyte, affiant exhibiting to me his Drivers License with license number H05-05-000934 to expire on July 17, 2020.
EARNSWELL P. TAN Notary Public for Maasin City Roll No. 12345 IBP NO. 946492 1/1/2017 PTR NO. 564800 1/1/2017