.

PARTITION AGREEMENT

KNOW ALL MEN BY THESE PRESENTS:

This Partition Agreement entered into by and between:

ARTHUR P. BANASEN, of legal age, single, Filipino Citizen with residence

and postal address at JB-124 Central Pico, La Trinidad, Benguet, Philippines
and herein referred to as the FIRST PARTY;
and
WILSON BANASEN married to Sharon R. Banasen, both of legal age,
Filipino Citizens and residents of JB-124 Central Pico, La Trinidad, Benguet,
Philippines and herein referred to as the SECOND PARTY;
and
AMOR B. SEGUNDO married to Ferdinand B. Segundo, both of legal age,
Filipino Citizens and residents of JB-124 Central Pico, La Trinidad, Benguet,
Philippines and herein referred to as the THIRD PARTY;
WITNESSETH:

WHEREAS, by virtue of that DEED OF DONATION OF REGISTERED

LOT entered in the notarial registry of SHIRLEY JANE MALAYA-NACHOR as
Doc. No. 85: Page No. 45: Book No. V: Series of 2006 dated June 14, 2006;
the above-named PARTIES are the co-owners of that parcel of land situated
at Pico, La Trinidad, Benguet containing an area of THREE HUNDRED AND
SEVENTY NINE (379) SQUARE METERS covered by Transfer Certificate of
Title No. T-18349 and more particularly described as follows, to wit::
TRANSFER CERTIFICATE OF TITLE
No. T-18349
A parcel of land (Lot 1-F-1-C, Psd-1-06520, being a portion of Lot 1-F-1, Psd-
1-06067, L.R.C. REC No. _____) situated at Bo. Pico, Mun. of La Trinidad, Prov.
of Benguet, Island of Luzon. Bounded on the SW., along line 1-2-3 by Lot 1-D,
Psd-1-05141, on the W., N., NE., E, & S., along lines 3-4-5-6-7-8-1 by Lot 1-F-
1-E, Psd-1-06520. Beginning at a point marked 1 on Lot 1-F-1-C, on plan
being N. 37 deg., 48 E., 1478.03 M. from Triangulation Sta. CENTER, La
Trinidad, Benguet. Thence N. 16 deg., 57 W., 19.99 m. to point 2; thence S.
77 deg., 11 W., 9.82 m. to point 3; thence N. 8 deg., 51 W., 14.05 m. to
point 4; thence N. 74 deg. 19 E., 10.95 m. to point 5; thence S., 42 deg., 10
E., 8.72 m. to point 6, thence S. 22 deg., 24 E., 22.50 m. to point 7l; thence
S., 14 deg., 39 E., 4.35 m. to point 8; thence S., 74 deg., 47 W., 8.8 m. to
point of beginning, containing an area of THREE HUNDRED AND SEVENTY
NINE (379) SQUARE METERS. All points referred to are indicated on the plan
and are marked on the ground as follows: points 4,5,7 & 8 by P.S. Cyl. Conc.
Mons. 15 x 60 cm., point 6 by X on stone and the rest by Old P.S. cyl. Conc.
mons 15 x 60 cm. bearing true, date of original survey on June 26-27, 1941;
date of subdivision survey on July 3, 1982 and approved on Aug. 5, 1982..
WHEREAS, the PARTIES herein caused the subdivision of the
aforementioned parcel of land into THREE (3) lots;
WHEREAS, by virtue of that Approved Consolidation Subdivision Plan
of LOTS 1-F-C-1, 1-F-C-2, 1-F-C-3 Psd-CAR-013970 bearing number Pcs-CAR-
001126 as prepared for Arthur P. Banasen, et.al., the parties herein hereby
Subdivide, Partition and Adjudicate among themselves the aforementioned
parcel of land as follows, to wit:
 -Lot 1-F-C-1, Psd-CAR-013970 with an area of ONE HUNDRED
SIXTEEN (116) SQUARE METERS shall be adjudicated in favor of AMOR B.
SEGUNDO, THIRD PARTY herein. A copy of the Technical Description of
Lot 1-F-C-1, Psd-CAR-013970 is hereto attached and made part hereof.
- Lot 1-F-C-2, Psd-CAR-013970 with an area of ONE HUNDRED
THIRTY SIX (136) SQUARE METERS, shall be adjudicated in favor of
ARTHUR P. BANASEN the FIRST PARTY, herein. Copy of the Technical
Description of i Lot 1-F-C-2, Psd-CAR-013970 is hereto attached and made
part hereof; and
-Lot 1-F-C-3, Psd-CAR-013970 with an area of ONE HUNDRED
TWENTY SEVEN (127) SQUARE METERS, shall be adjudicated in favor of
WILSON P. BANASEN the FIRST PARTY, herein. Copy of the Technical
Description of i Lot 1-F-C-2, Psd-CAR-013970 is hereto attached and made
part hereof

WHEREAS, the parties hereto hereby request, the Registrar of Deeds

of Benguet to issue individual Titles in accordance with this partition
agreement and as per the Approved Consolidation Subdivision Plan of
LOTS 1-F-C-1, 1-F-C-2, 1-F-C-3 Psd-CAR-013970 bearing number Pcs-
CAR-001126 a copy of which is hereto attached for reference.

WHEREAS, the above-described parcel of land is in the possession of

the PARTIES herein;

IN WITNESS WHEREOF, the parties have hereunto affixed their

signatures this ____ day of November 2006 in La Trinidad, Benguet,
Philippines.

______________________ ____________________
ARTHUR P. BANASEN AMOR B. SEGUNDO
Co-owner/First Party Co-owner/Third Party
CTC. No. 16938451 CTC. No.16913063
Issued on 2-02-06 Issued on 1-23-06
Issued at La Trinidad Issued at La Trinidad
______________________
WILSON P. BANASEN
Co-owner/Second Party
CTC. No. 16933578
Issued on 1-16-06
Issued at La Trinidad

SIGNED IN THE PRESENCE OF:

_______________________________

ACKNOWLEDGMENT

Form No. 26. PARTITION AGREEMENT OF A REGISTERED

LAND WITH SIMULTANEOUS WAIVER

KNOW ALL MEN BY THESE PRESENTS:

 This Partition Agreement of Registered Land entered into by and
between:

ALBINA SMITH-ABELLERA, of legal age, widow, Filipino Citizen, with

residence and postal address at Datakan, Kapangan, Benguet, Philippines;
FILOMINA SMITH-BULAHAO, of legal age, widow, Filipino Citizen, with
residence and postal address at Datakan, Kapangan, Benguet, Philippines;
CARMEN SMITH-PABLO, of legal age, widow, Filipino Citizen, with
residence and postal address at Datakan, Kapangan, Benguet, Philippines;
AUREA SMITH-MONTE, of legal age, married to Fidel Monte, Filipino
Citizen, with residence and postal address at Datakan, Kapangan,
Benguet, Philippines; and
AIDA BAWAS-SMITH, of legal age, widow, Filipino Citizen, with residence
and postal address at Datakan, Kapangan, Benguet, Philippines.
WITNESSETH:

WHEREAS, the above-mentioned parties are the co-owners of that

parcel of land situated at Datakan, Kapangan, Benguet, Philippines and
covered by TCT No.T-1086 containing an area of FIVE (5) HECTARES by
virtue of that Deed of Extrajudicial Settlement of Estate, which was entered
in the Notarial Registry of Jose Velasco as Doc. No. 359; Page No. 23; Book
No. I; Series of 1959, and more particularly described as follows:

Lot 1
Transfer Certificate of Title No. T-1086Lot 1 Beginning at a point
marked 1 on plan F-49403, N. 86-09 E. 2680.24 m. more or less from
B.L.L.M. No.1, Mpl. Dist. of Kapangan, Mt. Province, thence N. 48-43 E. 62.05
m. to point 2; N. 67-07 E. 77.72 m. to point 3; N. 64-43 E. 53.70 m. to point
4; S. 46-22 W. 98.84 m. to point 5; N. 89-46 W. 101.27 m. to point 1, point
of beginning. With an area of 0.4629 hectare. Point 3 Old G.I.S. in a tree;
point 4 Nail in tree; and the rest are B.L. Conc. Mons. Bounded on the North,
by property of Severino Malitas and Public Land; on the Southeast and South,
by Creek; and on the Northwest, by property of Sudimay.

Lot 2
Beginning at a point marked 1 on plan F-49403, N. 86-24 E. 2493.38 m.
more or less from B.L.L.M. No. 1, Mpl. Dist. of Kapangan, Mt. Prov.,
thence N. 50-37 E. 95.96 m. to point 2; S. 50-06 E. 51.70 m. to point 3;
S. 46-06 E. 45.31 m. to point 4; S. 34-48 W. 107.07 m. to point 5; S. 58-
14 W. 94.21 m. to point 6; N. 26-53 W. 119.52 m. to point 7; S. 81-56
W. 48.37 m. to point 8; N. 49-32 W. 32.95 m. to point 9; N. 36-15 E.
21.68 m. to point 10; N. 85-37 E. 105.98 m. to point 1, point of
beginning. Containing an area of 2.3318 hectares. Point 2, B.L. on
Boulder; points 3,5,6 and 7, Nails in trees; Points 4, 8 and 9, B.L. on
Rocks; and the rest are B. L. Conc. Mons. Bounded on the Northeast, by
property of Tomas; on the Southeast, by creek; on the Northwest, by
properties of Insas and Mariano Casio; and on the Northwest, by Creek.

Lot 3
Beginning at a point marked 1 on plan F-49403, N. 85-27 E.
2473.33 m. more or less from B.L.L.M. No. 1, Mpl. Of Kapangan, Mt.
Province, thence N. 77-08 E. 222.88 m. to point 2; S. 57-17 W. 182.42
m. to point 3; S. 80-58 W. 62.41 m. to point 4; N. 2-06 W. 58.81 m. to
point 1, point of beginning. Containing an area of 0.8726 hectare. Points
1 and 2, Old B.L. Conc. Mons.; and the rest are B.L. Conc. Mons.
Bounded on the North, by property of Severino Malitas; on the
Southeast, by Creek; on the South, by property of Casio; and on the
West, by property of Rosalia Vda. De Pacalso. Bearings true. Declination
1-30 E. Points referred to are marked on plan F-49403, Sheet No. 1
Surveyed under authority of Sections 41-43 Act 2874 and in accordance
with existing regulations of the Bureau of Lands, by Nemesio Albano, Jr.
Surveyor, under the supervision of Gregorio L. Arizabal, Public Land
Surveyor, on July 22-25, 1931 and approved on May 20, 1933.

Lot 4
Beginning at a point marked 1 on plan F-49403, N. 87-22 E.
2173.10 m. more or less from B.L.L.M. No. 1 Mpl. Dist. of Kapangan, Mt.
Province, thence N. 66-42 W. 56.61 m. to point 2; N. 6-19 E. 26.37 m.
to point 3; N. 30-15 W. 10. 52 m. to point 4; N. 51-16 E. 19.50 m. to
point 5; S. 84-02 E. 17.30 m. to point 6; N. 60-16 E. 36.25 m. to point
7; S. 29-05 m. to point 8; N. 75-58 E. 54.50 m. to point 9; S. 39-03 W.
110.75 m. to point 1, point of beginning. Containing an area of 0.5608
hectare. Point 9, Old X on Rock; and the rest are B.L. Conc. Mons.
Bounded on the North by Properties of Da-aya, Sabelo and Insas; on the
Southeast, by property of Locloc Serafino; on the Southwest, by property
Locloc Serafino; and on the West, by properties of Bagtang and Da-aya.
Bearings True. Declination 1-30 E. Points referred to are marked on plan
F-49403, Sheet No. 2 Surveyed under authority of Sections 41-43 Act
No. 2874 and in accordance with existing regulations of the Bureau of
Lands, by Nemesio Albano, Jr. Surveyor, under the supervision of
Gregorio L. Arizabal, Public Land Surveyor, on July 22-25, 1931 and
approved on May 20, 1933.

Lot 5
Beginning at a point marked 1 on plan F-49403, S. 87-13 E.
1943.96 m. more or less from B.L.L.M. No. 1 Mpl. Dist. of Kapangan,
thence S. 45-32 m. 9.07 m. to point 2; N. 21-47 E. 7.52 m. to point 3;
N. 42-20 W. 8.54 m. to point 4; N. 55-20 W. 11.04 m. to point 5; S. 73-
29 W. 14.31 m. to point 6; N. 25-01 W. 63.13 m. to point 7; N. 76-11 E.
53.73 m. to point 8; S. 57-07 E. 43.90 m. to point 9; S. 10-26 W. 15.14
m. to point 10; S. 29-35 W. 33.59 m. to point 11; N. 80-74 W. 6.24 m. to
point 12; S. 20-46 W. 13.11 m. to point 1, point of beginning. Containing
an area of 0.4355 hectare. Pointsnd 9, B.L. Conc. Mons.; and the rest are
Old B.L. Conc. Mons. Bounded on the Northwest, by property of Tella; on
the Southeast, by properties of Tella and Laoyan Baporo; on the
Southwest, by property of Geraldo Pilpilic; and on the Northwest, by
Public Land. Bearings True. Declination 0-21 E. Points referred to are
marked on Plan F-49403, Sheet No. 3. Surveyed under authority of
sections 41-43 Act No. 2874 and in accordance with existing regulations
of the Bureau of Lands, by Teodoro Salanga, Public Land Surveyor, on
April 3,1935 and approved on May 4, 1937.

Lot 6
Beginning at a point marked 1 on plan 49403, S. 87-14 E. 2624.71
m. more or less from B.L.L.M. No. 1 Mpl. Dist. of Kapangan, thence S. 27-
59 E. 95.19 m. to point 2; S. 34-42 E. 9.49 m. to point 3; S. 39-32 w.
36.26 m. to point 4; N. 59-38 W. 26.85 m. to point 5; N. 15-59 W. 77.88
m. to point 6; N. 29-22 E. 36.01 m. to point 1, point of beginning.
Containing an area of 0.3910 hectare. Point 4, B.L. on stone; point 5, Old
X on Stone; Point 6, Old B.L. Conc. Mon.; and the rest are B.L. Conc.
 Mons. Bounded on the Northwest, Public Land; on the Southeast, by
Public Land; on the Southwest, by property of of Locloc Serafino; and on
the Northwest, by property of Vintiria. Bearing true. Declination 0-21 E.
Points referred to are marked on plan F-49403, Sheet No. 4. Surveyed
under the authority of Section 41-43 Act No. 2874 and in accordance
with existing regulations of the Bureau of Lands, by Ricardo R. Quilop, Jr.
Surveyor, under the supervision of Gaudencio Fantony, Public Land
Surveyor, on April 6, 1936 and approved on May 4, 1937.

WHEREAS, the parties have caused the subdivision of the above-

described real property into SIX (6) lots as per Subdivision Plan of
_______________________ as surveyed for ___________________________ and they
have partitioned and adjudicated among themselves the said property and
as indicated in Transfer Certificate of Title No. 1086 as follows:

LOT 1 with an area of 0.4629 HECTARES shall be adjudicated in favor

WHEREAS, the copy of Transfer Certificate of Title No. 1086 is hereto
attached and made as integral part hereof;
WHEREAS, the co-owner ALBINA SMITH-ABELLERA, for and in
consideration of her love and affection to her children namely: JOSEPH S.
ABELLERA, married to Emilia Dimot, BASILISA S. ABELLERA-KIANG,
married to Rogelio Kiang, THEODORE S. ABELLERA, single, LEONARDO S.
ABELLERA, Jr., married to Remegia Bautista-Abellera, JOHNSON S.
ABELLERA, married to Cynthia Cabradilla-Abellera and ZENAIDA S.
ABELLERA, single, all of legal age, Filipino Citizens and all residents of La
Trinidad, Benguet, Philippines, except THEODORE ABELLERA, who is a
resident of Kapangan, Benguet, Philippines, do hereby WAIVE, as she hereby
WAIVED, pro indiviso, all her rights, share and participation over the said
parcel of land to her aforementioned children;
WHEREAS, the parties hereby request, the Register of Deeds of
Benguet to issue individual Titles in accordance with this partition
agreement.

IN WITNESS WHEREOF, the parties have hereunto affixed their

signatures this 31st day of January 2002 in La Trinidad, Benguet, Philippines.

__________________________ _____________________________
ALBINA SMITH-ABELLERA FILOMINASMITH-BULAHAO
Co-owner Co-owner
CTC. No. CTC. No.
Issued on Issued on
Issued at Issued at

_______________________ ________________________
CARMEN SMITH-PABLOAUREA SMITH-MONTE
Co-owner Co-owner
CTC. No. CTC. No.
Issued on Issued on
Issued at Issued at

_________________
AIDA BAWAS-SMITH
Co-owner
CTC. No.
 Issued on
Issued at

SIGNED IN THE PRESENCE OF:

__________________________

ACKNOWLEDGMENT