DEED OF EXTRA-JUDICIAL SETTLEMENT AND PARTITION

KNOW ALL MEN BY THESE PRESENTS:

This Deed is entered into and executed by and among,

ISIDRO BANQUERIGO and EUFRONIO BANQUERIGO, both of legal age, filipinos,

married, and residents of sitio Balili, barangay San Antonio, Sibulan, Negros Oriental AND
GEMINIANO EUMAGUE, SERGIO EUMAGUE, CELODONIA EUMAGUE-PAALAMAN,
and PABLITA EUMAGUE-FERRER, all of legal ages, Filipinos, married and residents of Balili,
San Antonio, Sibulan, Negros Oriental;

WITNESSETH:

That the parties herein, including CRISTINA CATUBIG are co-owners of Lot No. 4388,
situated in barangay San Antonio, Sibulan, Negros Oriental, covered by Original Certificate of
Title No. O-V-3667, having inherited the same from their parents as shown in a deed of
Extrajudicial Settlement and Partition known as Doc. No. 227, Page No. 64, Book No. 11, Series
of 1957, notarized by Angel Campoy, Notary Public; and which parcel of land is more
particularly described as follows:

ORIGINAL CERTIFICATE OF TITLE NO. 0-V-3667

“A parcel of land (Lot No.4388 of the Cadastral Survey of Sibulan), with improvements
thereon, situated in barrio San Antonio, Municipality of Sibulan, Negros Oriental. Bounded on
the North East by Lot No.4380; on the East by Lot Nos.4374, 4383, & 4384; on the South East
by Lots Nos. 4385, 4386, & 4387; on the South West by Lot No. 4390 and on the North West by
Lot No. 4389 & 4396, containing an area of SIXTEEN THOUSAND FIVE HUNBDRED
SIXTY (16,560) square meters, more or less”.

That by virtue of the aforementioned Deed, Eufronio Banquerigo and Isidro Banquerigo
owned one-half shares of Lot No. 4388 while the other half was owned by Cristina Catubig,
together with her children, namely: Pablita, Celedonia, Geminiano, and Sergio, all surnamed
Eumague;

That CRISTINA CATUBIG, died intestate sometime in the year 1970, leaving without
any testamentary will nor debts not settled until the present and upon her death she was survived
by her only children and compulsory heirs, namely Pablita, Celedonia, Geminiano and Sergio,
all surnamed EUMAGUE;

That it is to the best interest of the heirs of Cristina Catubig to settle the estate of their
deceased mother, Cristina Catubig, extrajudicially among themselves;

NOW THEREFORE, invoking the provisions of Section 1, Rule 74 and other related
laws on successions, the above-named heirs of Cristina Catubig, do by these presents, hereby
agreed to settle and adjudicate among themselves the one-half portion of the above-described
parcel of land in accordance with their rights, interest and participation therein;

That in order to serve their rights, interest and participations over the said parcel of land
better, the parties herein have caused the subdivision of Lot No 4388 into two (2) sub-lots,
namely Lot No.4388-A and Lot No. 43881-B; and each lot contained an area of EIGHT
THOUSAND TWO HUNDRED EIGHT (8,280) Square meters, more or less; and that they have
mutually and voluntarily agreed to officially partition among themselves and forever bound
therein, the aforementioned sub-lots into the following manner:

1. Lot No. 4388-A, as above-mentioned, shall belong to ISIDRO BANQUERIGO and

EUFRONIO BANQUERIGO;
Deed of Extrajudicial Settlement and Partition over Lot No. 4388, Page (2).

That further, the parties herein declare that the said parcel of land is not tenanted nor
worked upon by an agricultural lessee for the herein parties are the ones in possession of the said
parcel of land and that this transaction is in consonance with the provisions of the
Comprehensive Agrarian Reform Law of the Philippines.

IN WITNESS WHEREOF, we have hereunto affixed our signatures this ____day of

December at Sibulan, Negros Oriental.

ISIDRO BANQUERIGO EUFRONIO BANQUERIGO PABLITA E. FERRER

CELEDONIA E. PAALAMAN SERGIO EUMAGUE GEMINIANO EUMAGUE

SIGNED IN THE PRESENCE OF:

1. _____________________________ 2. _________________________________

A K N O W L E D G M E N T

Republic of the Philippines)

Province of Negros Oriental)s.s.
City of Dumaguete………..)

BEFORE ME this ___day of December at Dumaguete City, Negros Oriental, personally

appeared the following persons who exhibited their respective Community Certificates Numbers,
to wit:
Name Com. Tax Cert. No. Date and Place Issued
Isidro E. Banquerigo 25386351 November 29, 2006, at Sibulan, Negros Oriental,
Eufronio E. Banquerigo 25308949 April 25, 2006, at Sibulan, Negros Oriental,
Celedonia Paalaman 25386322 December 4, 2006, -do-
Pablita Ferrer 25386320 December 4, 2006, -do-
Geminiano Eumague 13898914 May 19, 2006, -do-
Sergio Eumague 25386097 November 29, 2006 -do-
all known to me to be the same persons who executed the foregoing document consisting of two
(2) pages, including this page of acknowledgment and all pages are duly signed by the parties
herein, together with their two instrumental witnesses and that they acknowledged to me that the
same is their free act and voluntary deed.

WITNESS MY HAND AND SEAL on the date, month , year and place first above-
written.
Doc. No. _______;
Page No. _______;
Book No. ______;
Series of 2006.