----------------DEED OF LIQUIDATION OF INHERITANCE------------------------------------------------------------------------------------------------------------ _______________________, Puerto Rico,___________________ -------------------------------------BEFORE ME------------------------------------ ---Notary Public in Puerto Rico, with residence at _____________ and offices at _________________________, Puerto Rico.---------------------------------------------------------------APPEAR--------------------------------------- AS PARTY OF THE FIRST PART: _________________________ _________________ of legal age, widower, retired and resident of _________, Puerto Rico.-------------------AS PARTY OF THE SECOND PART: _____________________ of legal age, and resident of ___________________, Puerto Rico; and married to __________,of legal age, ________and resident of _____________, Puerto Rico.-------------------------------------------------------AS PARTY OF THE THIRD PART: _________________________ of legal age and resident of ___________, Puerto Rico; and married to _____________, of legal age, and resident __________of Puerto Rico.-----------------------AS PARTY OF THE FOURTH PART:____________________ of legal age, social Security number ___________and resident of ___________, Puerto Rico; and married to _____________, of legal age, and resident __________of Puerto Rico.-----------------------The appearing parties assure me that they are in the full exercise of their civil rights, without anything to the contrary being known to me, and being in my judgment legally competent to execute this document, they freely, -------------------------------------SET FORTH----------------------------------------FIRST: The parties of the FIRST, SECOND, THIRD and FOURTH PARTS are the sole heirs of the deceased ______________, as evidenced by the Resolution issued by the Superior Court of Puerto Rico at __________________, Civil case No. _______.----------SECOND: The deceased _____________________________ was the owner and titleholder of the following property: ------------------------(DESCRIPCIÓN del INMUEBLE Y/O BIENES A DIVIDIR) ---THIRD: The FIRST, SECOND and FOURTH PARTS have received their share of the property belonging to the inheritance of the deceased and have agreed to the transfer of their interest in the property herein described to the THIRD PART.------------------------------ ----------------------------------------APPRAISAL----------------------------------- ---The property object of this deed has been appraised by the appearing parties in the amount of __________________ DOLLARS ($ ). ---------------------------------------MORTGAGE----------------------------------- ---The parties state that the aforementioned property is free from any debt of lien not expressly mentioned in this document and expressly agree to satisfy any and all state or municipal property taxes which might be due up until the date of this document being understood that all of those state or municipal taxes assessed and due from and including the date of this agreement shall be satisfied in full by the THIRD PART. ------------------------------------------------------------------------FOURTH: The expenses of the original of this deed, including the notary's fees, and legal fees for said original document will be satisfied in full by the FIRST, SECOND, THIRD and FOURTH PARTS.-----------------------------------------------------------------------------------The expenses of the first certified copy of this deed, including the notary's fees and legal fees for said document, as well as all recordation fees, will be satisfied in full by the THIRD PART.---------------------------------------------CONSIDERATION------------------------------- ---FIFTH: The FIRST, SECOND and FOURTH PARTS each one individually acknowledges the receipt of property belonging to the inheritance consisting of ____________________DOLLARS ($ ) for and in consideration of the property herein described which will be received by the party of the THIRD PART, the receipt whereof is hereby acknowledged, has granted, bargained and transfered to the THIRD PART, her heirs and assigns forever, the following described as described above. -------------------------ACCEPTANCE AND EXECUTION-----------------------The appearing parties agree with the particulars of this deed, having been prepared according to their wishes and instructions, further expressing their acceptance to its terms.-------------------------------The executing parties were given all of the pertaining legal admonitions, including the right to have two witnesses execute with them this public instrument, a right which has been waived and set aside by all parties.--------------------------------------------------------------------This deed has been read by the appearing parties exercising the right they had to do so, they ratify themselves in its contents and they sign together with me, also placing their initials on each page of this deed as required by law. ------------------------------------------------------------The FIRST PART appears on this document personally and as attorney in fact of the THIRD PART, duly acredited the fact by the deed number executed at _______, Puerto Rico, on ____________________ before the Notary Public______________, which allows him to act on behalf of the THIRD PART as to the inheritance of her deceased mother, ______________________, as recorded before the Registry of Testaments and Powers of Attorney at _________________________. ------------------------------------------I, the notary, attest that I personally know and have identified the appearing parties pursuant to applicable law, and on their information and belief, as to their ages, civil status, professions and residence, and I further attest to everything else said or expressed in this document. ---------------------------------------------------------------