PRE-NUPTIAL AGREEMENT
KNOW ALL MEN BY THESE PRESENTS:
This Pre-Nuptial Agreement is executed by and between:
NICANOR N. NICARAGUA, of legal age and a resident of Door 3, Anabelle
Bldg., Quimpo Boulevard, Davao City hereinafter known as the “Future Husband”;
-andMABEL M. MORINGA, of legal age and a resident of # 38, Mars St., GSIS
Subdivision, Matina, Davao City hereinafter known as the “Future Wife” (collectively,
the “PARTIES”);
WITNESSETH: That –
WHEREAS, the PARTIES hereto are about to enter into a contract of marriage,
scheduled to take place on 27TH of March 2020 at the St. Francis of Assisi Parish, Ma-a,
Davao City;
WHEREAS, the PARTIES hereby agree that their property relations as future
spouses shall be under the regime of COMPLETE SEPARATION OF PROPERTY
during their marriage;
WHEREAS, the PARTIES have made a complete and accurate disclosure of their
respective assets and liabilities;
WHEREAS, the PARTIES are each desirous of formalizing their respective joint
and several financial and legal rights, obligations, liabilities and property rights arising
from their marriage;
IN VIEW OF THE FOREGOING, the parties agree as follows:
PROPERTY
All the property, real and personal, which belongs to each of the above PARTIES shall be,
and shall forever remain, their personal estate, including all interest, rents, and profits
which may accrue from said property, and said property shall remain forever free of claim
by the other;
The PARTIES shall have at all times the full right and authority, in all respects the same
as each would have if not married, to use, sell, enjoy, manage, gift and convey all property
that presently belongs to him or her;
DEBTS
Obligations, liabilities and debts of each future spouse shall be entirely separate. Each Party
hereby irrevocably declares that they will indemnify, keep indemnified and hold harmless
the other Party in respect of any and all legal and financial obligations and debts incurred
by that Party;
FAMILY EXPENSES
Each future spouse shall bare the family expenses as follows:
The rearing and education of future children that may be begotten or that
may be adopted during the marriage shall be borne by both future spouses
proportionately;
The payment of city services such as water supply service, electric
connection service, internet connection service, and land line telephone service for
their future home shall be borne by both future spouses proportionately;
The payment of compensation for house helpers, nannies and family drivers
shall be borne by both future spouses proportionately, provided, that both future
spouses or their future children benefit from the services of the said house helpers,
nannies and family drivers;
In connection with these expenses, the future spouses shall undertake to
have a common or joint bank deposit or savings account wherein they shall
contribute a portion of their separate incomes for the purpose of payment for the
forgoing proportionate expenses;
DONATIONS
Future donations to either spouse, if any, shall pertain exclusively to the done
spouse unless otherwise specified in the Deed of Donation;
EFFECTIVITY
This AGREEMENT shall take effect upon the celebration of the marriage.
IN WITNESS WHEREOF, the Parties hereto have signed their names unto this
document this 23rd day of January 2020 in Makati City.
NICANOR N. NICARAGUA
Future Husband
MABEL M. MORINGA
Future Wife
SIGNED IN THE PRESENCE OF:
ELEANOR E. ELEGAN
FAUSTINO F. FLAUR
REPUBLIC OF THE PHILIPPINES)
CITY OF DAVAO
) S.S.
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ACKNOWLEDGMENT
Before me, this 17th day of January, 2020 in the City of Davao, Philippines,
personally appeared a certain NICANOR N. NICARAGUA, with PRC No. 968-100 issued
by the City of Davao, on January 8, 2020, and a certain MABEL M. MORINGA, with PRC
No. 126-5666 issued by the City of Davao, on January 10, 2020 known to me to be the
same persons who executed the foregoing instrument, and who acknowledged to me that
the same is their free act and deed.
IN WITNESS WHEREOF, I have hereunto set my hand and affixed my notarial
seal, on this day, 24TH of January 2020 at Davao City, Philippines.
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