MEMORANDUM OF AGREEMENT

(“MEMORANDUM”)

I. Parties

This Memorandum of Agreement (“Memorandum”) is entered into

between;

MA. IRMA C. TOPACIO, rightful owner of UNIT 3114 Amorsolo

Tower, hereinafter referred to as the “Owner”

And

MEGAN MERYL VILLARAMA, Leasing Agent of unit 3114 Amorsolo

Tower, hereinafter referred to as “Ms. Villarama”

II. Intent and Purpose

The intent of this Memorandum is to memorialize the agreement

between Ms Topacio and Ms. Villarama. To provide security to the
owner of T3-3114 The Beacon Amorsolo Tower by providing a written
agreement which shall be effective during the duration of the Lease
Contract of unit 3114 Amorsolo Tower. The resulting agreement shall
be effective immediately without prejudice to third party.

III. Conditions

A. In case the Property Manager’s tenant in 3114 caused damages beyond

the provided security deposit of THIRTY FIVE THOUSAND PESOS
(35,000.00), Ms. Villarama commits to shoulder the remaining
expenses in excess of the THIRTY FIVE THOUSAND PESOS
(35,000.00) or to find a contractor who will repair which shall be of
satisfaction to the owner.
B. That action from the Ms. Villarama shall be immediate upon inspection
and discussion of damages that needs to be repaired.
C. That in case Ms. Villarama finds her own contractor to repair the unit,
Ms. Villarama warrants that the unit will be restored back to condition
prior to move-in of her tenant in T3-3114
D. That Ms. Villarama will surrender all keys immediately after repair.

IV. TERM

The term of this Memorandum shall be effective upon signing of both parties
and shall be valid 60 days upon expiration of the Lease Contract of Tenant in
unit 3114 Amorsolo Tower.

V. Miscellaneous

A. It shall be the duty of Ms. Villarama to inform the owner should there
be damages prior to expiration of the Lease Contract.

B. It shall be noted that Ms. Villarama’s tenant must comply with the
Building Administration rules and regulations, any penalty that might
result in violation of such rules shall be for the account of the tenant.
IN WITNESS WHEREOF, the parties hereto have signed this day of August 2022 in
Makati City.

MA. IRMA C. TOPACIO MEGAN MERYL VILLARAMA

SIGNED IN THE PRESENCE OF

___________________________ _________________________

ACKNOWLEDGEMENT

REPUBLIC OF THE PHILIPIINES )

MAKATI CITY ) S.S.

BEFORE ME, a Notary Public for and in Makati City this _______day of ____________2022
personally appeared:

NAME CTC NUMBER OR TIN

PASSPORT NO./PLACE & DATE OF ISSUE

Known to me to be the same persons who executed the foregoing instrument and acknowledge the same to
be their free and voluntary act and deed as well as that of the corporation or entity they represent.

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

NOTARY PUBLIC

Doc. No. __________

Page No. __________
Book No. __________
Series of 2022