Description

DEED OF DONATION

KNOW ALL MEN BY THESE PRESENTS:

This Deed Donation made and executed by;

The GLOBE ASIATIQUE REALITTY HOLDINGS CORPORATION, a corporation duly organized existing under Philippine Law with business address at W-1408, 14th Floor PSE Center, West, Tower, Exchange Road, Ortigas Center, Pasig City, duly represented by its President, MR DELFIN S. LEE, hereinafter referred to as the DONOR;

The MUNICIPAL GOVERNMENT OF BACOLOR, PAMPANGA a government entity with address of Municipal Building, Bacolor, Pampanga, a government entity herein represented by its Mayor, ENGR. ROMEO A. DUNGA JR., hereinafter referred to as the DONEE;

WITNESSETH

That for and in consideration of a desire to contribute a share for good governance in the municipality of Bacolor province of Pampanga, through a well-equipped and fully functional facility  the DONOR has freely and voluntarily given, transferred and conveyed by the way of donation to the DONEE, its successors and assigns free and clear of any and all liens and encumbrances whatsoever all its rights, interest and title on thereon the Municipal town Hall Annex, a fully furnished and equipped two-storey building located in Brgy. Calibutbut, Bacolor, situated on a parcel of land more particularly described as follows:

TCR NO. 669456-R

A parcel of (8, BLK. 98 of cons. subd. plan Psc03-015720, being a portion of lot 3008-P-4, 3008-P-5, 3008-P-7, Psd 141126;3008-P-A up to 3008-P-6-A to H, psd-03-159018,LRC. Rec No. 151 situated in Bo, of Calibutbut, Mun of Bacolor, Prov. of Pamp., Is. of Luzon Bounded in the SE., along line 1-2 by lot 3, blk. 98.on the SE., along line 2-3 by lot 2 98; on the SW, along line 4-5-6-7-8 by Road lot 85; on the SW., along line 8-9 lot8-9 by lot 9 blk. 98 on the SW., along line 9-10 by lot 1, blk.98; on the SW., along line 11-12 by lot 12, blk. 98; on the SW., along line 12-13, blk. 98; on the SW., along line 15-16 by lot 16, blk. 98; on the SW ., along line 16-17 by lot 17, blk. 98; on the SW., along line 17-18 by lot 17 blk. 98 on the NW., along lines 18-19-20-21-22-23 by lot 1, blk. 102, all of the cons. Subd. plan; on the NE., along line 23-24 by     ; on the SE., along line 24-25 by lot 7, blk. 98; on the SE., along line 25-26 by lot 6., blk 98, on the SE., along line 26-27 by lot 5, blk. 98 an on the SE., along line 27-1 by lot 4, blk. 98, all of the cons. Subd. Plan. Beginning at a point “1” on plan, being N.81 deg 19’E, 923.17 m. from MBM #27, Bacolor, Cad,; thence S.56 deg.09’W., 1.68 m to point 4; thence N,58 deg. 21 ‘W., 3. 53 m. to point 5; thence N.63 deg. 06 ‘W., 3.53.m to point 6 thence N.33 deg, 51’W., 4.00 m to point 15; thence N. 33 deg. 51’W., 4.00 to point 16;thence N’33 deg.4\51 W.,4.00 to point 17; thence N.33 deg. 51’W., 2.95 m to point 18; thence N. 43 deg. 18’E., 4.91 m to point 19; thence N.43 deg. 41’E., 4.91 m. to point 20 thence N.44 deg. 04’E., 4.91 m to point 21; thence N.44 deg. 26’E., 4.91 m to point 22; thence N.44 deg. 49’E., 4.72 m to point 23; thenceS.41 deg. 43’E., 57.42m to point 24. Thence S.56 deg. 09’W., 2.62 m to point 25; thence S.56 deg. 09’W., 4.00 m to point 26; thence S.56 deg. 09’W., 4.00 m. to point 27; thence S.56 deg. 09’W., 4.00 m to the point of beginning; containing an area of ONE THOUSAND FOUR HUNDRED SIXTY NINE SQUARE METERS AND THIRTY SQUARE DECIMETERS (1,469.30) more or less.

Original Copies of the Transfer Certificate of Title and of the Master Plan are attached hereto and hereby turned over to the DONEE, receipt of which is hereby acknowledged and duly accepted.

All person properties which are likewise donated by DONOR to DONEE are contained in the attached list marked as Annex “A” and made an integral part of this Deed of Donation

Terms and Conditions:

1.       The DONEE hereby agrees to adopt the name MR. DELFIN S. LEE BUILDING of the municipal town hall annex as DONEE further commits to perpetually maintain its operations and provide funds therefore.

2.       The DONEE is prohibited from transferring, conveying or assigning the municipal town hall building or any of the donated movables through sale, donation and exploration or through any other deeds of conveyances.

3.       The DONEE shall not have the municipal town hall building or any of the donated movables to be leased or used for purposes other than for the provision of quality government services to all the good residents in the Municipality of Bacolor, Province of Pampanga, as it further ensures that the same together with its inferiors, furnishings, and equipment shall remain fully functional, operational and available for the intended use.

4.       The exterior architectural design shall not be altered, modified, defaced in any manner whatsoever,  and any necessary repair due to ordinary wear and tear shall be made only for the purpose of restoring the structure to its original state, form and condition.

5.       The above subject parcel of land shall be used solely and exclusively for the construction of the Church building and no other structures may be constructed thereon.  Any additional structure that the DONEE may intend to construct shall be subject to the consent and approval of Globe Asiatique Property Management Corporation.

6.       The above subject parcel of land shall not be alienated, sold, mortgaged, or it any manner encumbered by the DONEE. Any encumbrance, whether voluntary or through any legal order issued by any competent court, shall be treated as inferior to the intention of the DONOR for which this act has been made and duly declared and annotated in the Registry of Deeds for San Fernando, Province of Pampanga.

7.       Any act violative of the restriction imposed, or the conditions stated in paragraphs: 1 to 6 shall give rise to the right of the DONOR to rescind, at its option, this entire Deed of Donation and revert back the ownership of the above subject parcel of land together with all its improvement to the DONOR, or in case the DONOR’s corporate existence is terminated to Mr. Delfin Lee, or in the event of his demise, this rights passed on to his compulsory heirs.

IN WITNESS WHEREOF, the DONOR has hereto subscribed himself this 19th day of January 2008 while DONEE duly acknowledged and accepted his Deed of Donation on even date.

GLOBE ASIATIQUE REALITY

HOLDING CORPORATION

Represented By:

MR. DELFIN S. LEE

Donor

MUNICIPALITY OF BACOLOR

PROVINCE OF PAMPANGA

Represented By:

HON. MAYOR ROMEODUNGCA, JR.

Donee

Signed in the presence of:

HON. NOLI DE CASTRO

VICE PRESIDENT

REPUBLIC OF THE PHILIPPINES

MS. REGINA PAZ L. LOPEZ

MANAGING DIRECTOR

ABS-CBN FOUNDATION, INC

KNOW THE TRUTH www.globeasiatique.ph