CONTRACT OF LEASE

KNOWN ALL MEN BY THESE PRESENTS:

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

MIKEE RAFAEL CHI MAN YAN KEE y KIKI, of legal age, Filipino, married,
with residence address at 169 Dos Castillas St., Sampaloc, Manila, hereinafter referred to as
the LESSOR
and

MARIA ANGELINA YAN y REZUNDO of legal age, Filipino and with residence
address at 1282 Dos Castillas St., Sampaloc, Manila hereinafter referred to as the LESSEE.

WITNESSETH

WHEREAS, the LESSOR is the registered owner of a five (5) storey-building, situated at
1282 Dos Castillas St., Sampaloc, Manila. Situated in each floor are twelve (12) rooms for the
exclusive use of the occupants therein.

WHEREAS, the LESSEE desires to lease a bed space in one (1) room, particularly Room
__, (hereinafter, the LEASED PREMISES) in the building, and the LESSOR is willing to
lease the same unto the LESSEE, subject to the terms and conditions herein specified.

NOW, THEREFORE, for and in consideration of the foregoing premises and the mutual
covenants herein contained, the Parties agree as follows:

1. GRANT OF LEASE. The LESSOR hereby leases unto the LESSEE and the LESSEE
hereby takes under lease from the LESSOR the LEASED PREMISES in its furnished state,
inclusive of bed frame, cabinet, and air conditioner. All of which would be for the use of
the occupants therein. The LEASED PREMISES shall have its own bathroom and kitchen
sink.

2. LEASE PERIOD AND RENEWAL. This Lease shall be for a period of one (1) year,
commencing on August 3, 2016 and to expire on August 3, 2017 renewable for another
one (1) year thereafter, subject to a possible ten percent (10%) escalation and only upon
mutual agreement of both Parties. The parties may renew or extend the lease by executing
a written agreement for such renewal or extension; provided that, the LESSEE shall give
the LESSOR written notice of its desire to renew or extend the lease at least ninety (90)
days prior to the termination of this Agreement and the LESSOR signifies express
conformity to the renewal or extension through the execution of the said agreement.

3. RENTAL. For the use and occupancy of the subject property, the LESSEE shall pay the
LESSOR Five Thousand Pesos (P5, 000.00) a month, exclusive of value added taxes,
common area dues, and utilities.

4. RESERVATION FEE / SECURITY DEPOSIT. Simultaneous with the execution of

this Agreement, the LESSEE shall deposit with the LESSOR reservation fee/security
deposit in an amount equivalent to two (2) months worth of rental plus One Thousand Pesos
 (P1, 000.00) as two (2) months budget for the apportioned share of utility bills per actual
occupant, for the total sum of Eleven Thousand Pesos (P11, 000.00). This amount shall be
used to cover unpaid bills for water and electricity, and damages to the LEASED
PREMISED not caused by natural wear and tear, and attributable to the LESSEE. However,
such amount cannot be applied by the LESSEE to rental fee. In any case, only the LESSOR
has the exclusive right to apply such amount to any unpaid rentals. The unused portion of
this amount shall be returned to the LESSEE upon termination of this Agreement without
interest.

5. MANNER OF PAYMENT Upon commencement of occupancy, the LESSEE shall pay

on the 1st day of each month beginning from the month of August 2016 to August 2017,
the amount of Six Thousand Pesos (P6, 000.00) which shall correspond to the monthly rent
of Five Thousand Pesos (P5, 000. 00) plus One Thousand Pesos (P1, 000.00) as monthly
budget for the utility bills.

Whenever the actual amount of utility expenses is less than the allotted monthly budget of
P500.00, the amount in excess shall be added to the next month's budget. Should the actual
amount of utility expense be more than P500.00 allotted monthly budget, the balance shall
be paid within a week by the LESSEE from written notice of the LESSOR, by depositing
the payment to the LESSOR's bank account. For this purpose, the LESSORs current
account # is 001640249131 with BDO bank located in Espana, Blumentritt, Sampaloc,
Manila with Account name Mikee Rafael Chi Man Yan Kee y Kiki. The deposit slip shall
be emailed by the LESSEE to the LESSOR at Mikee.69@yahoo.com as proof of payment.

6. ROOM ASSIGNMENT. - There shall be one (1) occupant in every room. The LESSOR
shall have the right to assign and re-assign room number at anytime without LESSEE's
consent.

7. PROPERTY MANAGEMENT DUES. - Throughout the effectivity of this Agreement,

or any extension thereof, the LESSEE shall pay directly to the LESSOR such property
management dues and incidental fees and charges as may be charged on the LEASED
PREMISES.

8. WATER, ELECTRIC CURRENT AND OTHER UTILITIES. All expenses for water
and electric current shall be for the account of the LESSEE.

9. SECURITY. - The LESSOR shall provide 24-hour security detail to police the main
entrance and exit of the building. However, the LESSOR shall not, in any manner, be held
accountable or liable for any loss, injury, or damage that may be suffered by the LESSEE,
its agents, employees, guests, customers, and visitors, in or about the leased premises, or
any part of the building, due to theft, robbery, arson, or other crimes.

10. TAXES, INSURANCE, PERMITS, AND LICENSES. - All real estate and property
taxes, and fire insurance charges shall be for the LESSORs account.

11. USE OF LEASED PREMISES. - The LEASED PREMISES shall be used solely for
residential purposes and for no other purpose without the written consent of LESSOR. The
LESSEE shall not assign or sublease the LEASED PREMISES or any part thereof without
 the written consent of the LESSOR. The LESSEE agrees and warrants that no other person
shall be allowed to stay overnight in the LEASED PREMISES.

12. DISTURBANCE OF POSSESSION. - Disturbance or discontinuance of the possession

of the leased premises by the LESSEE by causes beyond the control of the LESSOR shall
confer no right of any kind to the LESSEE as against the LESSOR, nor extend the term of
the lease.

13. ABANDONMENT OF LEASED PREMISES. - In case the LEASED PREMISES shall

be deserted or vacated for a period of at least ten (10) days from knowledge of the LESSOR
and should there be a month's rental arrears before the expiration of this lease, the LESSOR
shall apply the Reservation Fee/Security Deposit to the rental arrears, utility bills and
damages, if any, to the LEASED PREMISES not caused by natural wear and tear, and
attributable to the LESSEE. Any excess obtaining upon application of the payments to the
obligations shall be returned to the LESSEE.

If after applying the Reservation Fee/Security Deposit to the obligations of the LESSEE, a
deficiency yet exists, the LESSOR shall notify the LESSEE in writing of any unpaid
obligation of the LESSEE in the latters last known address. Should the LESSEE fails to
satisfy the same within thirty (30) days from the time the LESSOR learned of the
abandonment, the LESSOR shall have the right to enter the LEASED PREMISES as the
agent of the LESSEE either by force or otherwise, without being liable to any prosecution
therefore, and the LESSOR, as agent of the LESSEE, shall furthermore have the option to
either (a) re-let the same, to receive the rent therefore, and to apply the same to the payment
of the rent due hereunder, holding the LESSEE liable for any deficiency, without prejudice
to any right of action against the LESSEE; or (b) to take possession thereof, including
whatever personal property that may be found therein, the same to be reasonably valued
and sold, and the proceeds thereof applied to the payment of the rental arrears and for actual
damages in the LEASED PREMISES, if any.

14. PROHIBITED ACTS. The following prohibited acts shall warrant the immediate
termination of this Contract and forfeiture of security deposit fee:

a. Smoking and Drinking Alcoholic Beverages

b. Using of Illegal Drugs

c. Unlawful taking of valuables from other occupants of the building.

d. Vandalism or writing on walls, altering beds, furniture or any part of the

LESSORs properties which resulted to damages. However, the LESSEE shall shoulder the
cost for the repair, repaint or replacement of the property damaged to its value equivalent
prior to issuance by the LESSOR of the clearance to leave the premises.

In all the above instances, the LESSOR shall have the right to dismiss any LESSEE proven
to have committed the prohibited acts, after giving the LESSEE the reasonable opportunity
to explain his/her side.
15. DEFAULT AND TERMINATION. - Default shall automatically take place upon failure
of the LESSEE to pay or perform its obligations during the time fixed herein for such
obligations without necessity of notice, or if no time is fixed after ten (10) days from receipt
of notice or demand from the LESSOR. It is hereby agreed that LESSEE shall be liable to
a two percent (2%) surcharge for every ten (10) days of delay in payment. The following
shall be considered as a violation of this Agreement by the LESSEE:

a. In the event of default or breach of any of the provisions of this Agreement, and after
the lapse of the grace period provided herein; or
b. If the LESSEE abandons the leased premises for a period of at least ten (10) days from
knowledge of the LESSOR.

In any of the above-mentioned breaches, the LESSOR may, in its absolute discretion,
declare this Agreement cancelled or terminated, and require the LESSEE to vacate the
leased premises; provided, that in the event of abandonment under paragraph B of this
paragraph, the provisions of Article 13 shall apply.

In case of cancellation or termination of this Agreement due to default or breach of the

terms and conditions by the LESSEE, the LESSEE shall pay all reasonable attorneys fees
and costs in enforcing the LESSORs rights under this Agreement.

16. WAIVER. - The failure of the LESSOR to insist upon a strict performance of any of the
terms and conditions of this Agreement shall not be deemed a relinquishment or waiver of any
right or remedy that said LESSOR may have, nor shall it be considered a waiver of any
subsequent breach or default of the terms and conditions hereof, which terms and conditions
shall continue to be in full force and effect. No waiver by the LESSOR of any right under this
Agreement shall be deemed to have been made unless expressed in writing and signed by the
LESSOR.

17. IMPROVEMENTS. - The LESSEE shall not make any alterations or improvements in the
LEASED PREMISES without the prior written consent of the LESSOR. Any alterations or
improvements made or introduced by the LESSEE in the LEASED PREMISES shall, upon the
termination of this Agreement, automatically inure to the benefit of the LEASED PREMISES
and become property of the LESSOR without any obligation on the part of the LESSOR to pay
or refund its value or costs to the LESSEE; provided, however, that, if such alterations or
improvements were made without the written consent of the LESSOR, the LESSOR may cause
the removal thereof at the expense of the LESSEE.

18. SANITATION AND REPAIRS. - The LESSEE shall at all times keep the LEASED
PREMISES clean and in good and tenantable condition. The LESSEE has inspected the
LEASED PREMISES and has found the same to be in good tenantable condition. The LESSOR
shall not be liable and the LESSEE shall not bring any claim/action against the LESSOR for
any loss, damage, or inconvenience as direct or indirect result of the following:

a. Leakage of, effects and/or destruction of any water, gas, electrical, telephone or
plumbing installations or facilities in or about the leased unit;

b. Absence, failure, breakdown or insufficiency of water supply, telephone service

 or electric current;

c. Presence of pests within the leased unit due to poor sanitary conditions caused
by the LESSEE;

d. Fault or negligence of the LESSEE, its agent, visitor/guest or other person;

e. Fire and other fortuitous events, theft, robbery or other crimes and
misdemeanors.

The LESSOR shall be responsible for all major structural repairs, except for damages caused
by the fault or negligence of the LESSEE, members of his household, guests, or visitors.
However, all repairs of damaged walls, cabinets, kitchen sink and other expenses for ordinary
repairs, i.e. replacement of electrical bulbs, locks, and switches, as well as repair of plumbing
facilities due to clogging, obstruction or any kind of malfunction shall be for the account of the
LESSEE.

19. FIRE HAZARD AND OBNOXIOUS SUBSTANCES. - The LESSEE shall not keep,
deposit, or store in the LEASED PREMISES as well as in the common area any obnoxious
substance or flammable material or substance that might constitute a fire hazard.

20. THIRD PARTY LIABILITY. - The LESSEE shall hold the LESSOR free and harmless
from any damage to his/her person or property or that of his/her guest/visitor and the latters
property arising out of or as a consequence of the use of the LEASED PREMISES by the
LESSEE, its agents, employees, domestic help and guests.

21. INSPECTION OF PREMISES. - The LESSOR reserves the right at reasonable times to
enter and inspect the LEASED PREMISES and to make the necessary repairs thereof.

22. PRE-TERMINATION. - Should the LESSEE decide to pre-terminate the lease, the
LESSEE shall advise the LESSOR thereof in writing at least sixty (60) days prior to the
intended date of pre-termination, and the LESSEE shall find a substitute, upon prior approval
by the LESSOR. The reservation fee/ security deposit and all other unused rentals shall be
refunded to the LESSEE after the obligations, if any, under this Agreement, shall have been
fully covered.

23. RULES AND REGULATIONS. - The LESSEE agrees to strictly abide by all
governmental laws, statutes and ordinances as well as the rules and regulations that presently
exist or that may be promulgated or modified by the LESSOR in relation to the use, occupancy,
sanitation and preservation of the LEASED PREMISES. The LESSEE shall abide by the
established House Rules and Regulations, which shall be signed by the LESSEE simultaneous
with the execution of this Contract. It is hereby agreed that such House Rules and Regulations
shall form an integral part of this Contract.

24. SALE, TRANSFER, AND MORTGAGE. - In the event of the sale, transfer, or mortgage
of the LEASED PREMISES, the LESSOR warrants that the purchaser shall respect all the
terms and conditions of this Agreement, including the provisions for renewal thereof.
Throughout the effectivity of this lease, the LESSOR may show the LEASED PREMISES to
prospective buyers at reasonable hours and with prior consent of the LESSEE.

25. RENTAL INCREASE. - The LESSOR reserves the right to increase annually the rental
rate on the basis of cost of living and economic conditions. However, the LESSEE shall be
entitled to a two (2) month-notice prior to the effectivity of the increase.

26. RETURN OF PREMISES. - Upon the termination of this Agreement for any reason
whatsoever, the LESSEE shall immediately vacate the LEASED PREMISES and return
possession thereof to the LESSOR, upon the latters request. Sixty (60) days prior to the return
of the premises, the LESSOR may affix a FOR RENT sign on the subject premises and may
show the premises to prospective tenants during those sixty (60) days at reasonable hours and
with prior consent of the LESSSEE. The LEASED PREMISES shall be returned by the
LESSEE to the LESSOR in clean and orderly manner in the same good and tenantable
condition, reasonably wear and tear excepted, as the same was in at the commencement of the
lease.

27. MODIFICATION. No modification of this contract shall be effected without prior

written agreement of the parties.

28. PENAL PROVISIONS. - Any violation of the terms and conditions provided for in this
Agreement on the part of the LESSEE or LESSOR shall be sufficient ground for the
termination of this Agreement by the aggrieved party who must, however, give written notice
to the guilty party at least thirty (30) days prior to the intended date of termination.

The LESSEE agrees that if it commits any default or breach of any of the covenants and
conditions herein contained, the LESSOR shall have the right or option to terminate and cancel
this Agreement, and to take possession of the LEASED PREMISES immediately, without need
of any court order, if it is shown that the breach was on the part of the LESSEE. Likewise,
should the default or breach be on the part of the LESSOR, the LESSEE shall be immediately
refunded for the unused portion of the advance rentals and security deposit without need of any
court order. The LESSEE shall be given ample time to remove and collect all personal
belongings from the LEASED PREMISES.

29. DAMAGES. - Should the LESSOR be compelled to file in court a case against the
LESSEE, the latter agrees to pay the former, the amount of Ten Thousand Pesos (P10,000.00)
as liquidated damages and Fifty Thousand Pesos (P50,000) as attorneys fees, plus the cost of
the suit.

30. RULE OF CONSTRUCTION. No provision of this Agreement shall be interpreted or

construed in such a way as to disadvantage one party simply because that party was responsible
for the preparation of this Agreement.

31. VENUE OF DISPUTE. - Any action arising from, or in connection with, this Agreement
shall be filed before the appropriate courts of Manila only to the exclusion of all other courts.
IN WITNESS WHEREOF, the parties have hereunto set their hands on ____ day of
__________________ in ______________________.

Conforme by Lessee:

___________________________

Represented by:

_________________________ ____________________________
Representative of LESSOR Parent/Guardian

SIGNED IN THE PRESENCE OF:

______________________ _____________________
 ACKNOWLEDGMENT

REPUBLIC OF THE PHILIPPINES)

) S.S.

BEFORE ME, a Notary Public for and in ________, this ___________ day of
_____________, personally appeared:

Name Comm. Tax Cert. No./Govt ID # Date\Place Issued

known to me and to me known to be the same persons who executed the foregoing Contract of
Lease and they acknowledged to me that the same is their free and voluntary act and deed.

WITNESS MY HAND AND NOTARIAL SEAL at the place and on the date first
above written.

Doc. No. _______;

Page No. _______;
Book No. _______;
Series of 2017.