EXTRAJUDICIAL SETTLEMENT OF ESTATE WITH SPECIAL POWER OF

ATTORNEY TO SELL OR TO ENTER INTO DEVELPOMENT AGREEMENT

KNOW ALL MEN BY THESE PRESENTS:

This Extra Judicial Settlement of Estate with Special Power of Attorney to Sell or to enter into
Development Agreement is executed by, between and among the following parties:

1. HEIRS of AURORA LOYOLA RIVERA and Rodrigo Rivera: Reynaldo L. Rivera, single, of
legal age, Edicer L. Rivera, represented by, Loida Rivera Legaspi, of legal age, and
residents of B6 L4, P9, Carmona Estate, Carmona, Cavite
2. HEIRS of CESAR M. LOYOLA and Damiana Austria: Zosimo A. Loyola, single, of legal age,
and resident of 1164 San Pablo St., Carmona, Cavite; Dionisia Loyola Buena, married to
Roberto Buena, resident of RFE Magallanes St., Maduya, Carmona, Cavite, Edgardo
Loyola, Married to Loida Molina of San Pablo St., Brgy.1 Carmona, Cavite, Hermina
Loyola, single of San Pablo St., Brgy., 1 Carmona, Cavite, Estelita Loyola Batain, married
and represented by her husband Onofre Batain of 1710 Brgy. Dita, Sta. Rosa, Laguna;
Corazon Loyola Sambillo, married to Roberto Sambillo of 1167 San Pablo St., Brgy., 1
Poblacion, Carmona, Cavite; the heirs of Jose Loyola and Gloria Aragon Namely; Naomi
A. Loyola, Mitos A. Loyola and Ian Loyola residing at 624 Magallanes St., Carmona,
Cavite; Salud Loyola, widow of 11383 Mapalad St., Mabuhay Carmona, Cavite; Vidal
Loyola, represented by his wife Teresita Lontoc of 1165 San Pablo St., Brgy. 1 Carmona,
Cavite; Adolfo Loyola, represented by Salud Loyola Mapalad, widow of 11383 Mapalad
St., Mabuhay Carmona, Cavite
3. HEIRS of ROMEO M. LOYOLA married to Lolita Manalo, namely: Anita Loyola Reyes of
362 San jose St., Brgy.3 Poblacion, Carmona, Cavite; Cristina Loyola Cardona, of
Langkiwa Binan, Laguna; Visitacion Loyola Zamora of 362 San Jose Brgy. Poblacion,
Carmona, Cavite; Celia Loyola Medina, San Pablo St., Poblacion, Carmona, Cavite;
Romeo M. Loyola, Jr. , of San Pablo St., Poblacion, Carmona, Cavite; Noe M. Loyola of
San Pablo St., Poblacion, Camona, Cavite; Condrado M. Loyola of San Pablo St.,
Poblacion, Carmona, Cavite; and Gavina M. Loyola of San Pablo St., Poblacion, Carmona,
Cavite; Ferdinand M. Loyola. Represented by Anita Loyola Reyes of 362 San jose St.,
Brgy.3 Poblacion, Carmona, Cavite
4. HEIRS of DOGOFREDO M. LOYOLA represented by his wife Lucena Restrivera Loyola of
807 J. Zamora St., Brgy.8, Carmona, Cavite.
5. MARIA ROSY LOYOLA, widow residing at 11588 Purification St., Maduya, Mabuhay,
Carmona, Cavite
6. HEIRS of RENATO M. LOYOLA, represented by his Wife Gavina Losario Loyola of 1253
Balagbag Araw, Milagrosa, Carmona, Cavite.
7. HEIRS of CONSUELO LOYOLA, represented by her Son Rico Loyola Barruga of Phase 3,
Milagrosa, Carmona, Cavite.
8. HEIRS of OSCAR M. LOYOLA, represented by his wife, Isabelita Apilan Loyola of 160
Purok 3, Cuyab, San Pedro, Laguna.
9. HEIRS of PABLO MANARIN LONTOC, represented by Winne Lontoc Chong, of 399, San
Jose St., Carmona, Cavite

WHEREAS, the parties are sole and exclusive heirs of the late RUFINA MANARIN, widow,
who died intestate on August 8, 1980 in Carmona, Cavite

WHEREAS, during the lifetime of the decedent she had a piece of real property covered by
Transfer Certificate of Title (TCT) No. 2409 of the Register of Deeds of Cavite Province.

WHEREAS, there is no known debts or obligations chargeable to the estate of decedent at

the time of her death.

NOW THEREFORE the parties hereby agree to settle the estate among them amicably and
without need for court action as follows:

1. The parties shall sell or enter into development agreement the partial or entire property
whether in a manner absolute of in such form of conveyance beneficial and convenient
to the heirs and divide the proceeds among themselves pursuant to the intestate
provisions of the Civil Code and related Laws:
2. All expenses in sale, transfer, contract, agreement and taxes shall be chargeable to the
proceeds.
3. Shall appoint an Attorney if fact to facilitate the sale, Joint Venture or disposition of the
Estate.

Further, this settlement of estate is subject to the provisions of rule 74 of Rules of

Court, which allows other parties to interpose claim within a period of two years from
the registration of this agreement.

The parties further agree that should it be discovered that there are properties not
covered by this agreement, the same shall be distributed and disposed of in the manner
and method provided for herein.
 SPECIAL POWER OF ATTORNEY

The parties do hereby name, constitute and appoint Mr. Zosimo A. Loyola as our duly
constituted representative to do the following acts:

1. To negotiate the sale of the property or to subject the estate in development

contract or Joint Venture Agreement with such reputable real estate developer to
give full effect to this Extrajudicial Agreement.

2. To hire the services of Real Estate Broker Mr. Manolo C. Subingsubing and Lawyer
Atty. Lucille Teves

3. To represent us in any and all suits pertaining to the subject estate and to enter into
stipulations, arbitration, compromise or submit the case to arbitration or mediation.

4. To sign in our place and stead all documents necessary and proper to give full effect
to the intent of this authority.

5. To negotiate, sign an agreement and obtain loan from any private financer, receive
money, papers and effects and to render proper accounting of proceeds to the
parties.

HEREBY GIVING AND GRANTING the foregoing authority and ratifying all and such acts
pertaining thereto as if we are present and signing.

IN WITNESS WHEREOFF, the parties affixed their respective signature this ____ day of
___ 2019 at _____________________________.

1. HEIRS of AURORA LOYOLA RIVERA - Represented by: Loida Rivera Legaspi

2. HEIRS of CESAR LOYOLA - represented by: Salud Loyola Mapalad

3. HEIRS of ROMEO M. LOYOLA - Represented by: Anita Loyola Reyes

4. HEIRS of DOGOFREDO M. LOYOLA represented by: Lucena Restrivera Loyola

5. MARIA ROSY LOYOLA

6. HEIRS of RENATO M. LOYOLA, represented by: Gavina Losario Loyola

7. HEIRS of CONSUELO LOYOLA, represented by: Rico Loyola Barruga

8. HEIRS of OSCAR M. LOYOLA, represented by: Isabelita Apilan Loyola

9. HEIRS of PABLO MANARIN LONTOC, represented by: Winne Lontoc Chong

SIGNED IN THE PRESENCE OF:

_____________________ _______________________
 ACKNOWLEDGEMENT

REPUBLIC OF THE PHILIPPINES)

MUNICIPALITY OF __________) S.S.
PROVINCE OF _____________)

BEFORE ME, A Notary Public in the Province of

_____________________________________ this ________________, personally appeared all
parties with their respective government issued identifications written below their names,
known to me and me known to be the same persons who executed the foregoing instrument
and they acknowledged to me the same is their own free and voluntary act and deed.

The foregoing instrument refers to an Extra Judicial Settlement of the Estate consisting
of FIVE (5) pages including the page on which this acknowledges is written, signed by the
parties and their instrument witnesses.

WITHNESS MY AND SEAL on the date and place above written.

Doc. No.______: Notary Public

Page No._____:
Book No. _____:
Series of 2019.