CONTRACT OF LEASE

KNOW ALL MEN BY THESE PRESENTS:

For and in consideration of the prestations and agreements hereunder stated, JESUS
SANTOS, Filipino citizen, residing at No. 40 Limon Street, Quezon City, hereinafter
referred to as the LESSOR hereby LETS and LEASES unto Mrs. OLIVIA PALPALLATOC,
Filipino citizen, married to Juan Palpallatoc, resident of No. 40, Kitanlad, Quezon
City, and hereinafter referred to as the LESSEE, that apartment unit located at No. 20
Kitanlad, Quezon City, covered by TCT No. 14789 of the Registry of Deeds, Quezon
City, of which the LESSOR is the registered owner