CONTRACT OF LEASE

KNOW ALL MEN BY THESE PRESENTS:

This Contract of Lease, made and entered into by and between:

Jasmina Surada of legal age, Filipino, (single / married / widow), and a

resident of Dakota Harisson Plaza Manila , Philippines "LESSOR");
- and Richelle E.Esmillo, of legal age, Filipino, (single / married / widow), and a
resident of Blk 13 Lot 1 Bukluran II Silng Cavite , Philippines, (hereinafter referred to as
the "LESSEE");

WITNESSETH: that -

WHEREAS, the LESSOR is the owner of a condominium unit located at 1655 (17b15) San
Jose Builders Malvar Street Manila , more particularly described as follows:

WHEREAS, the LESSEE desires to occupy the above-named condominium unit and the
LESSOR is willing to lease the same unto the LESSEE, subject to the terms and
conditions hereinbelow set forth.

NOW, THEREFORE, for and in consideration of the foregoing premises and the covenants
hereinafter stipulated, the parties hereby agree as follows:

1.Term: This lease shall be for a duration of five (5) year commencing from June 15,
2014 and to end on June 15, 2019 renewable at the option of the LESSEE at such new
terms and conditions as may agreed upon by the parties.

2.Rental: The LESSEE agrees to pay the LESSOR the monthly rental fee of Pesos: three
thousand five hundred pesos (P3,500.00), Philippine currency.
3.Association Dues: Association dues per month of Pesos:three thousand six hundred
(P3600.00), Philippine Currency or as may be determined by the Association from time
to time, including interest or penalties that may be imposed for late payment, shall be
for the account of the LESSEE.

4.Use of the Premises: The unit shall not in any way be used for any illegal or unlawful
activity or to keep materials, chemicals and other matters considered as fire hazards or
nuisance to the building.

5.Improvements: The LESSEE shall not make any alteration, structural changes or
improvement in the leased premises without the prior written consent of the LESSOR.
However, at the termination of the lease, the same not having been renewed by the
parties, the LESSEE shall restore the leased premises in its original state existing at the
commencement of the agreement. Restoration of the LEASED PREMISES shall be for the
exclusive account ofthe LESSEE. Any improvement after the lease is terminated and
after the LESSEE shall have vacated the premises shall belong to the LESSOR.

6.Facilities: All charges for water, electricity, telephone, association dues and other public
utilities used in the leased premises as well as janitorial and security services or any
other charges as may be imposed by the building administrator of the condominium
building shall be for the account of the LESSEE. The LESSEE hereby guarantee the
prompt payment of any and all charges heretofore mentioned as they fall due. Any delay
in the payment thereof shall constitute a material breach of this agreement.

7.Repairs: The LESSEE shall, during the duration of the lease, make all minor repairs on
the leased premises to preserve the same in serviceable or tenantable conditions at the
LESSEE's expense except replacement of parts due to natural wear and tear. The
LESSEE, however, shall give advance written notice to the LESSOR of Ten (10) days prior
to undertaking any minor repair. All damages caused to the leased premises due to the
fault, misuse, carelessness, and/or negligence or on account of the use thereof by the
LESSEE and other occupants therein shall be made good and repaired by the repairs
done. Should the LESSEE fails to make the necessary and appropriate repairs within five
(5) days from demand, the LESSOR shall undertake the needed repairs and shall charge
the costs thereof to the LESSEE.

8. Inspection of the Premises: To ensure that the lease premises is being maintained in
good and tenantable conditions, the LESSOR or his authorized representative is hereby
given the right after due notice, to enter and inspect any part of the leased premises
during reasonable hours and as the occasion thereof might require.
9. Injury or Damage: The LESSEE hereby assumes the full responsibility for any damage
which may be caused to the person or property of any third person in the leased
premises during the duration of the lease. LESSEE further binds himself to hold the
LESSOR free and harmless from damages as a result thereof, unless such damage or
liability arose out of structural or other inherent defects in the leased premises or is due
to the fault of the LESSOR, his agent or representatives.

10. Hazardous and Prohibited Materials:The LESSEE shall not keep or store in
the lease premise any hazardous and obnoxious substance or inflammable material or
substance that might constitute a fire hazard or other chemicals and materials or
prohibitive drugs in violations of the laws of the Philippines.

11. Rules and Regulations: The LESSEE binds himself to comply with the existing rules
and regulations promulgated by the building administrator and/or association and any
other environmental or other laws, ordinances, rules and regulations applicable to
the leased premises.

12. Violations: The LESSOR may, at this options, consider this agreement automatically
rescinded and canceled, without need of any court action, upon ten (10) days notice
given to the LESSEE based on any of the following grounds:
a.Failure of the LESSEE to pay two (2) months advance rental and other bills or charges
therefore mentioned as they fall due for any reason whatsoever within the period to pay.
b.For any violation made by the LESSEE or its agents and representatives of any of the
terms and conditions stipulated in this contract.
c.In case the leased premises shall be vacated or abandoned for a period of thirty (30)
days without prior written notice to the LESSOR. Consequently, the LESSOR is hereby
permitted authorized by the LESSEE to enter the premises, either by force or otherwise,
without being liable to prosecution therefor.
Upon termination of the contact of lease based on any of the foregoing grounds and
upon demand, the LESSEE shall immediately vacated and peacefully surrender
possession of the lease premises to the LESSOR or his duly authorize representative.
13. Venue: All court actions from this contact of lease shall be filed only in the proper
courts of Manila, Philippines to exclusion of all other courts.

IN WITNESS WHEREOF, the parties have hereunto set their hands, this _____________
at _____________, Philippines.
LESSOR LESSEE
SIGNED IN THE PRESENCE OF:
__________________ _________________
(ACKNOWLEDGMENT)