08 July 2020

Mr SAMWON HWANG
Proprietor, JINWO Marketing
KidapawanCity

Dear Sir;

We received from you today seven (7) BDO checks in various dates intended as your rental
payments. Upon checking our records, your last rental payment made was for the month of
March 2020, hence, we will be applying the said checks in this manner;

Unpaid Original BDO Check Payment Total Remarks [Concessions/ Grace Period, if
Period/ Due Date Check Date Amount Amount applicable]
Month No (Rental) Due
April 2020 04/28/2020 Total Due is For collection; Waiver of late charges/
P72,000 (2 penalties; at least 30-day grace period
May 2020 05/28/2020 months x from original due date and payable in
P36,000) instalment basis for six (6) months
starting 28 July 2020- 28 December 2020
June 2020 06/28/2020 58047 06/28/2020 P36,000 P36,000 To be applied as June 2020 rental.
July 2020 07/28/2020 58048 07/28/2020 P36,000 P48,000 Check to be applied as July 2020 payment
and the balance of P12,000 to be
collected and paid on or before 28 July
2020.
August 08/28/2020 58050 08/28/2020 P36,000 P48,000 Check to be applied as August 2020
2020 payment and the balance of P12,000 to
be collected and paid on or before 28
August 2020
September 09/28/2020 57992 09/28/2020 P36,000 P48,000 Check to be applied as September 2020
2020 payment and the balance of P12,000 to
be collected and paid on or before 28
September 2020.
October 10/28/2020 57993 10/28/2020 P36,000 P48,000 Check to be applied as October 2020
2020 payment and the balance of P12,000 to
be collected and paid on or before 28
October 2020
November 11/28/2020 57994 11/28/2020 P36,000 P48,000 Check to be applied as November 2020
2020 payment and the balance of P12,000 to
be collected and paid on or before 28
November 2020
December 12/28/2020 58046 12/28/2020 P36,000 P48,000 Check to be applied as December 2020
2020 payment and the balance of P12,000 to
be collected and paid on or before 28
December 2020

We momentarily put on hold the collection of April and May rent to comply with the national
government’s directives* and our sincere understanding to everyone’s situation amid this covid
pandemic. While rental for June 2020 is due immediately since Kidapawan City is already under
MGCQ allowing more businesses to open.

1
In addition to the 30 days grace period for April and May 2020 unpaid rent, we will also allow
you to pay in equal instalments the said back rentals for the next six (6) months starting July
2020 to December 2020 together with your usual monthly rental or in the total amount of P48,
000.00 per month.

All of us have been greatly affected by this covid crisis and we would also like to appeal from
you the same understanding and consideration. Presently, our building is not fully occupied,
hence, we are forced to subsidize a large portion of the expenses for manpower, telephone,
electricity, water, taxes, repairs and maintenance.

In this regard, we hope to receive the adjusted rental payments beginning July 2020.

Thank you and we fervently pray that this letter finds you and your family in your safest and
healthiest condition. God bless!

Very truly yours,

MARIBETH G. LIBUIT
GOLIB Manager/ Lessor

Conforme:

Mr SAMWON HWANG
Lessee

*
Per Department of Trade Industry Memorandum Circular Nos 20-12, MCs 20-29 and 20-31
series of 2020; Resolution No. 38 dated 22 May 2020 issued by the Inter-Agency Task Force for
the Management of Emerging Infectious Diseases (IATF-EID) pursuant to RA 11469 or
“Bayanihan to Heal as One Act”