Right of Way Mutual Agreement

Right of Way Mutual Agreement

This is a Right of Way Agreement between ______________ (“First Party”), of ____________________ relating to the property at _____________________ and listed in Exhibit 1 and _____________________ (“Second Party”) of ____________________ relating to property at _________________ and listed in Exhibit 2.

WHEREAS:

(A) The First Party is the registered owner of the property municipally known as __________________ and legally described in Exhibit 1;

(B) The Second Party is the registered owner of the property municipally known as __________________________ and legally described in Exhibit 2;

(C) The parties wish to establish and maintain a mutual right-of-way over their properties;

NOW THEREFORE in consideration of the mutual covenants and conditions hereinafter set forth and for other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the parties agree as follows:

I. The First Party hereby grants to the Second Party a right-of-way for the use of the owners and occupants of the Second Party’s Property, in common with the owners and occupants of the First Party’s Property, over the First Party’s Property as described more completely in Exhibit 3.

2. The Second Party hereby grants to the First Party a right-of-way for the use of the owners and occupants of the First Party’s Property, in common with the owners and occupants of the Second Party’s Property, over the Second Party’s Property as described more completely in Exhibit 4.

3. The foregoing rights-of-way shall form a mutual right-of-way (the “Mutual Right-of-Way”) for pedestrians and vehicles over the respective properties.

4. The parties agree to maintain the Mutual Right-of-Way in a good state of repair and to share equally all costs associated with the maintenance and repair thereof.

5. This Agreement shall inure to the benefit of and be binding upon the respective heirs, executors, administrators and assigns of each of the parties hereto.

6. This is the entire agreement between the parties. Any changes must be made in writing and signed by both parties. Any disputes must be brought in the state of ______________.

IN WITNESS WHEREOF this Agreement has been executed by the parties hereto as of the date written below.

 

________________                                                  __________________
First Party                                                                 Second Party

Spouse: ________________                                        Spouse: ________________

 

________________                                                   __________________
Witness                                                                      Witness

ACKNOWLEDGMENT

REPUBLIC OF THE PHILIPPINES)
_____________________________ )  SS.

BEFORE ME, a Notary Public for and in the City of ___________________,  personally appeared:

                                                                                                                               

        Name                                      CTC Number                             Date Issued             Place Issued   

 Juana de la Cruz Clinton          _______________             _____________      ______________

  Rico Solamo                             _______________              _____________     _______________

 

Known to me and to me known to be the same persons who executed the foregoing instrument and acknowledged to me that the same are their free act and voluntary deed.

This instrument, consisting of 2  pages, including the page on which this acknowledgment is written, has been signed on the left margin of each and every page thereof by the concerned parties and their witnesses, and sealed with my notarial seal.

WITNESS  MY HAND AND SEAL on this ___day of __________________2018  at_______________.

 

Notary Public

 

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Series of 2018