Republic of the Philippines

Department of Justice
LAND REGISTRATION AUTHORITY
Register of Deeds
Province of Palawan

IN RE: PETITION FOR SPLITTING OF

ORIGINAL CERTIFICATE OF TITLE
(OCT) NO. E-21953
MISC. CASE NO. _________

CONCEPT WEALTH TECHNOLOGY

ENTERPRISE, INC., represented by
President and CEO JEMUEL A. LAZO
Petitioner.
x--------------------------------------------------x

PETITION

COMES NOW, Petitioners, in the above-entitled case, and unto this

Honorable Office, most respectfully alleges:

1. That Petitioner is a domestic corporation, duly organized and

established under the laws of the Philippines, with principal office address at Unit
#2 and 3 Level 2, E. Trinidad Building, #37 Carandang St., Puerto Princesa City,
Palawan, herein represented by is President and CEO Jemuel A. Lazo, of legal
age, Filipino citizen, married, with residence and postal address at Brgy.
Tiniguiban, Puerto Princesa City by virtue of a Board Resolution No. 008, series
of 2012 dated June 9, 2012, copy of which is hereto attached as Annex A;

2. That Petitioner is the purchaser of portion of that parcel of land

known as Lot No. 1416-A, Psd-4B-002920 , situated in Brgy. New Agutaya,
San Vicente, Palawan, covered by Original Certificate of Title (OCT) No. E-
21953 of the Register of Deeds of Province of Palawan registered in the name
of LYDIA A. ROXAS, containing a total area of FOURTEEN THOUSAND FOUR
HUNDRED THIRTY (14,430) SQUARE METERS, more or less, copy of OCT
No. E-21953 is hereto attached and marked as Annex B;

3. That by virtue of a DEED OF ABSOLUTE SALE OF PORTION OF A

REAL PROPERTY (hereto attached as Annex C) executed on November 9,
2012 between Lydia Roxas and Concept Wealth Technology Enterprise, Inc.,
before Notary Public Atty. Rustico P. Cacal, entered in his notarial book as Doc.
No. 701; Page No. 41; Book No. 3; Series of 2013, the Petitioner bought,
purchased, and acquired a portion of the above-described parcel of land with an
area of ONE THOUSAND EIGHT HUNDRED (1,800) SQUARE METERS,
particularly described as follows:

Lot 1416-A
Psd-4B-002920

A parcel of land (Lot 1416-A of the subdivision plan Psd-4B-002920 being

a portion of Lot 1416, Cad 860-D, San Vicente Cadastre LRC Rec. No.
______) situated in Barangay New Agutaya, Municipality of San Vicente,
Province of Palawan;

Bounded in the SE., along line by 1-2 by Lot 1416-G (Existing Road) of
the subdivision plan; on the SW., along line 2-3 by Lot 1410, Cad 860-D;
on the NW., along line 3-4 by Lot 1415, Cad 860-D (Municipal Road); and
on the NE., along line 4-1 by Lot 1416-B of the subdivision plan;

Beginning at a point marked 1 on plan, being N. 16 deg. 26E., 3011.70

m. from BLLM No. 1, Cad 860-D San Vicente Cadastre.

Thence S. 57 deg. 52 W., 45.85 m. to point 2;

Thence N. 14 deg. 34 W., 54.41 m. to point 3;
Thence N. 63 deg. 08 E., 24.95 m. to point 4;
Thence S. 37 deg. 25 E., 49.79 m. to the point beginning

Containing an area of ONE THOUSAND EIGHT HUNDRED (1,800) square

meters.

This lot was surveyed in accordance with law and existing rules
and regulations promulgated thereunder by Nonito T. Lachica on
June 16, 2012 and was approved on September 7, 2012.

4. That the Petitioner is now the owner of parcel of land known as Lot
1416-A, Psd-4B-002920 by virtue of the aforementioned Deed of Absolute
Sale of Portion of Real Property;

5. That considering that the Petitioner is now the owner of parcel of

land known as Lot 1416-A, Psd-4B-002920 described above, it is respectfully
praying to partition and split the OCT No. E-21953 covering the aforesaid parcel
of land and a new Transfer Certificate of Title (TCT) be issued covering the lot
described as Lot 1416-A, Psd-4B-002920;

6. That partition/splitting is sought herein, for the benefit of the

Petitioner, to preserve and secure its respective interest and rights in the
property;

WHEREFORE, it is most respectfully prayed of this Honorable Office that

the herein Petition be given due course and a Transfer Certificate of Title (TCT)
be issued in favor of Petitioner Concept Wealth Technology Enterprises, Inc.

Puerto Princesa City, Province of Palawan. April 5. 2017.

 Petitioner:

CONCEPT WEALTH TECHNOLOGY

ENTERPRISE, INC.

Represented by:

JEMUEL A. LAZO
CEO & President

VERIFICATION

REPUBLIC OF THE PHILIPPINES )

Province of Palawan ) S.S.
Puerto Princesa City )

I, JEMUEL A. LAZO, of legal age, Filipino, married and residing at Brgy.

Tiniguiban, Puerto Princesa City and President and CEO of Concept Wealth
Technology Enterprise, Inc., and in such capacity under oath depose and say:

1. That I represent the Petitioner Concept Wealth Technology

Enterprises, Inc., in the above-entitled case;

2. That I have caused the preparation and filing of the foregoing

Petition;

3. That I have read and understood the contents of the same and that
all allegations found therein are true and correct to the best of my own
knowledge and based on authentic records.

IN WITNESS WHEREOF, I have hereunto set my hand this ______ day

of _______, 2017, in Puerto Princesa City, Philippines.

JEMUEL A. LAZO
In his capacity as President and CEO of
Concept Wealth Technology Enterprise, Inc.
TIN No. 942-256-999
 SUBSCRIBED AND SWORN to before me this _________ day of
________ 2017, at Puerto Princesa City, Affiant exhibited to me his competent
evidence of identity as shown below his name and signature.

Doc. No. _____;

Page No. _____;
Book No. _____;
Series of 2017.