EXTRAJUDICIAL SETTLEMENT OF ESTATE

KNOW ALL MEN BY THESE PRESENTS:

This AGREEMENT made and entered into this 2nd day of October 2013
by and among:

LEILA M. SANTOS, of legal age, Filipino, single, and with residence and postal
address at 1111 Santillan Street, Pio del Pilar, Makati City;

MILA M. SANTOS-RUBIO, of legal age, Filipino, married, and with residence

and postal address at 2222 J. Victor Street, Pio del Pilar, Makati City:

JOSE M. SANTOS, of legal age, Filipino, single, and with residence and postal
address at 3333 Taylo Street, Pio del Pilar, Makati City;

WITNESSETH:

THAT we are the legitimate children and sole heirs of LUCIO T.

SANTOS who died on June 25, 2013 in Makati City; copy of his death
certificate is hereto attached as Annex "A";

THAT said deceased died without any will or testament and without any
outstanding debts in favor of any person or entity;

THAT said deceased, at the time of his death, left a certain real
property, situated in Makati City and more particularly described as follows, to
wit:

(Technical Description of property; specify metes

and bounds of the property with approximate area
thereof, as indicated on the face of the title)

THAT pursuant to Section 1 of Rule 74 of the Revised Rules of Court of the

Philippines, and we being all of age and with full capacity to contract, we do
hereby adjudicate unto ourselves the land described above, in equal shares.

IN WITNESSS WHEREOF, we have hereunto signed this AGREEMENT,

this 2nd day of October 2013 in the City of Makati, Philippines.

THE HEIRS OF LUCIO T. SANTOS

 LEILA M. SANTOS MILA M. SANTOS-RUBIO

JOSE M. SANTOS

SIGNED IN THE PRESENCE OF:

__________________________
_____________________________
Witness Witness

ACKNOWLEDGMENT

Republic of the Philippines)

City of Makati ) S.S.

BEFORE ME, a Notary Public, for and in the City of Makati, this 2ndday of
October 2013 personally appeared:

Name Identification Card Issued On/At

____________________ ________________ _____________

____________________ ________________ _____________
____________________ ________________ _____________
____________________ ________________ _____________

all known to me to be the same persons who executed the

foregoing instrument and hereby acknowledged to me that the same is their
free and voluntary act and deed.

This instrument consisting of two (2) pages, including this page on which
this acknowledgment is written refers to an EXTRAJUDICIAL SETTLEMENT OF
ESTATE and has been signed by the parties and their witnesses and sealed with
my notarial seal.

WITNESS MY HAND AND NOTARIAL SEAL.

Doc. No. ____

Page No. ____
Book No. ____
Series of 2013.
XTRA-JUDICIAL SETTLEMENT OF ESTATE WITH ABSOLUTE SALE

KNOW ALL MEN BY THESE PRESENTS:

We, _____________ and _____________, of legal ages, (single / married / widow), residents
of _____________ and _____________, respectively, on our own volition, declare as follows:

1. That we are the legitimate children and sole heirs of the deceased _____________ who
died on _____________ at _____________;

2. That said deceased died intestate, without any Last Will or Testament, and without any
outstanding debts or accounts;

3. That the deceased left a certain parcel of land covered by Transfer Certificate of Title No.
_____________ and more particularly described as follows:

(Technical Description of Property)

4. That the above-described parcel of land is not tenanted and does not come within the
operation of the Comprehensive Agrarian Reform Program;

5. That pursuant to Section 1 of Rule 74 of the Revised Rules of Court of the Philippines, and
both being with full capacity to contract, we do hereby adjudicate unto ourselves the land
described above, in equal shares pro indiviso;

6. That FURTHER, and for and in consideration of the sum of _____________

(P_____________), Phil¬ippine Currency, receipt of which is herby acknowledged by us to our
full and complete satisfac¬tion, we do hereby SELL, CONVEY, and TRANSFER by way of
ABSOLUTE SALE unto _____________, (his/her) heirs, assigns and successors-in-interests, all
our rights, interests and participation over the above-described parcel of land;

IN WITNESS WHEREOF, we have hereunto set our hands, this _____________ at

_____________, Philippines.

HEIR/SELLER HEIR/SELLER

SIGNED IN THE PRESENCE OF:

__________________ __________________