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Republic of the Philippines)

Legazpi City )s.s.


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AFFIDAVIT OF DESISTANCE

I, LORETO ATUTUBO REDUCTO, of legal age, Filipino, married, with


address at 1191 San Roque St., Daraga, Albay, after having been duly sworn
to in accordance with law, do hereby depose and state THAT:

1. I am the registered owner of a vehicle identified as Honda Wave 100


motorcycle bearing Plate No. 2848 EN covered by CR No. 8902172-6
dated 09-18-2009, OR No. 63966626 dated 08-10-2011;

2. On March 20, 2012, at about 10:15 9.m., a vehicular accident


happened at Rizal St., Brgy. San Francisco, Guinobatan, Albay,
involving a vehicle, identified as Public Utility Jeepney with Plate No.
EVV 725, Legazpi-Polangui Route registered in the name of Armando
Obejas, driven by Noli Marco Imperial, with Prof. Drivers License No.
E02-84-013923, and a resident of Salugan, Camalig, Albay;

3. Subsequently, I and respondent Noli Marco Imperial have made an


amicable settlement regarding the payment of the damages incurred
to my vehicle above-mentioned preventing any court litigation;

4. Respondent Noli Marco Imperial has a balance of FIVE THOUSAND


FOUR HUNDRED PESOS (P5,400.00) to be paid within a period of
five (5) months from the execution of this document, or, on before
September 10, 2012;

5. Hence, I hereby hold free from any civil, criminal or administrative


liability Noli Marco Imperial insofar as the vehicular incident referred to
in paragraph 2 above;

6. I have read and understood the contents of this affidavit which is


written in the English language and which was translated in Filipino,
and the same was explained to me before I signed the same and of
which I execute voluntarily, free of any force, coercion, intimidation
and of my own free will;

7. I am executing this affidavit to attest to the foregoing statements.

IN WITNESS WHEREOF, I have hereunto affixed my signature this 10th


day of April 2012 at Legazpi City, Philippines.

LORETO ATUTUBO REDUCTO


Affiant

SUBSCRIBED AND SWORN TO before me this 10th day of April 2012


at Legazpi City, Philippines, affiant exhibited to me his Temporary Operators
Permit No. 12732520-6 (Drivers License No. E02-08-0043558) bearing his
photograph and genuine signature as competent proof of his identity .

Doc. No.______;
Page No.______;
Book No.______;
Series of 2012.