DEED OF EXTRA JUDICIAL SETTLEMENT WITH AGREEMENT
(AGREEMENT OF USUFRUCT)
KNOW ALL MEN BY THESE PRESENTS:
This DEED OF EXTRA JUDICIAL SETTLEMENT WITH AGREEMENT made and entered
into by and among:
1. ____________________________________________
Name of Organization(LGU Victoria)
2. ____________________________________________________
Name of Organization(riarc) owner
WITNESSETH
That ______________________ is the legal owner of the real property described as follows;
(Name of Lot Owner)
“ A parcel of land covered by Tax doc. No.___________________ covered
by TCT No. _________________ also known as lot No. ______________________________
containing an area of 10,000 sqm more or less. Bounded on the North _________, on the east
_______________; on the South by ___________________________and on the West by the
_________________________________________.”
AGREEMENT
That I, ___________________________________________ for and in consideration of the public
(Name of Lot Owner)
service, do hereby TRANSFER and CONVEY by virtue of this agreement unto
______________________, Victoroa, Oriental Mindoro, /
______________________________________________________________________________
( Name of Brgy/ Organization) ( Name of Authorized official)
___________________________________________likewise Filipino of legal age, married and a
(designation)
resident of Brgy_________________________ a portion of the above-mentioned property to be
used for the
HATCHERY AND GROW-OUT POND FOR TILAPIA
(Name of the project)
for a period of 25 years and after which the said parcel of land shall be taken back by the above-
named parties;
That the portion of the above-described parcel of land conveyed and transferred to
_______________________________________ for the period of 25 years is hereunder described
( Name of Brgy/ Organization)
as follows, to wit;
“A portion of the above-described property, containing an area of 10,000 sqm more
or less. Bounded on the North _________, on the east _______________; on the South by
___________________________and on the West by the
_________________________________________.”
That we warrant peaceful possession and ownership of the said land to
the_____________________________________________the period of 25 years
(Name of Brgy/ Organization) (Specific duration of the contract)
and that after said period, said portion of the land shall be repossessed by the lot owner and that
the said land is free from all liens and encumbrances;
That for the period of 25 years that the land is in the possession of the
______________________, Victoria, oriental Mindoro/ _______________________, no rental will
( Name of Brgy/ Organization)
be paid and that the realty taxes shall be paid by the owner;
IN WITNESS WHEROF, we have hereunto set our hands this ____day of ___________________,
at Victoria, Oriental Mindoro.
______________________________ _____________________________________
LGU VICTORIA RIARC
WITNESS
_________________________________ _________________________
ACKNOWLEDGMENT
REPUBLIC OF THE PHILIPPINES ) S. S.
BEFORE ME, a notary public, personally appeared the following ;
NAME RES. CERT.# ISSUED AT ISSUED ON
_____________________ ____________ ________________________ ________________
Known to me to be the same persons who executed the foregoing documents and acknowledged
that the same is their voluntary act and deed as the agencies they represent.
This instrument, consisting of _______ pages, including the Annex A and the page on which the
Acknowledgement is written, has been signed on left hand margin of each and every page thereof
by parties/witnesses, and sealed with my notarial seal.
WITNESS MY HAND AND SEAL, this _______ day of ____________, 2025.
NOTARY PUBLIC
Doc. No. _________
Page No. _________
Book No. ________
Series of 20