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EXTRAJUDICIAL SETTLEMENT AND QUITCLAIM
KNOW ALL MEN BY THESE PRESENTS:
This extrajudicial settlement is entered into by and among the
heirs of DOMINGOBESYAKEN SR., namely:
FELY BESYAKEN RAFANAN, daughter
DOMINGO A. BISYAKEN JR, son,
BRYAN A. BESYAKEN, son, and
RALPH A. BESYAKEN, son
All of legal ages, Filipinos, and residents of San Carlos
Heights, Irisan, Baguio
City, Philippines.
WITNESSETH:
That the above-named persons are the surviving children of the
late DOMINGO
BESYAKEN SR. who died intestate on December 7, 2013 at San
Carlos Heights,
Irisan, Baguio City.
That at the time of his death, Domingo Besyaken Sr. maintained
with the BANK
OF THE PHILIPPINE ISLANDS, Baguio Burnham Branch the following
savings
account, to wit:
SA ________________________, principal balance,
___________________ as
of ____________________, 20____.
That HEIRS desires to withdraw the proceeds from the
Account.
That the BANK has agreed to grant the aforesaid request subject,
however, to
the execution of the Indemnity Agreement and to the terms and
conditions set forth
herein below.
NOW THEREFORE, for the consideration of the above premises, and
with full
knowledge of their rights under the law, the HEIRS hereby
declare and manifest:
1. That the HEIRS are the legal heirs of the deceased being his
children.
2. That the HEIRS recognizes and accepts the designation of
RALPH A.
BESYAKEN as beneficiary of the above stated BPI savings accounts
and
hereby waives and renounces, absolutely and forever, any claim
to, or share
in, the aforesaid deposits, as signified their conforme
thereto:
FELY BESYAKEN RAFANAN DOMINGO A. BISYAKEN JR.
BRYAN A. BESYAKEN
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3. After careful and thorough search and verification, he has
not found any will
executed by the deceased DOMINGO BESYAKEN SR. nor he has any
knowledge of the existence of such will.
4. The HEIRS hereby agrees and binds themselves, jointly and
severally to
indemnify and save harmless the BANK and its stockholders,
directors and
officers against any claim for damages, compensation or
otherwise by and
other person or persons claiming to be heirs or creditors of the
late, including
payments of taxes and arrangements due the government or any of
its
political subdivisions and to advance or reimburse such accounts
as may be
paid or required to be paid by the BANK, on account of any such
claims made
by such person or persons.
5. It is understood and agreed that this is a complete and final
release of all
claims of every nature and kind whatsoever which the HEIR may
haveagainst the BANK,
IN WITNESS WHEREOF, the parties have hereunto affixed her
signature this 6 th
day of February 2014 at Baguio City, Philippines.
FELY BESYAKEN RAFANAN DOMINGO A. BISYAKEN JR.
HEIR HEIR
Voters ID No. 55505-0030A-L2257FBR20000 Postal ID No.
3401703
Valid Until: 3-11-16
BRYAN A. BESYAKEN RALPH A. BESYAKEN
HEIR HEIR
PhilHealth ID No. 19-089241031-7 POSTAL ID No. 3401068
Valid Until: April;, 2016
WITNESSES:
_______________________ and ______________________
Republic of the Philippines)
Done: City of Baguio ) S.S.
ACKNOWLEDGEMENT
Before me a notary public for and in the City of Baguio, this
6th
day of February 2014,personally came and appeared the
above-named persons and presented to me an integrally
complete instrument, exhibited to me their competent instrument
of identity, known to me to be
the same persons who executed the foregoing instrument and they
acknowledged to me that the
same are their own free act and deed.
That this instrument consists of two (2) pages including this
page on which the
acknowledgment is written and signed by the parties and two
witnesses on the left hand marginof pages 1 and 2.
WITNESS MY HAND AND NOTARIAL SEAL.
Doc. No. 398; Page No. 80;
Book No. 6; Series of 2014.
