CONTRACT OF SUBLEASE

KNOW ALL MEN BY THESE PRESENTS:

This SUB-LEASE contract is entered into by and between:
CHARMIE JILL V. REDONA, of legal age, married and a resident of No.12,
rd
3 st. Happy Valley, V.Rama, Cebu City hereinafter referred to as SUB-LESSOR,
And
JERWIN C. NONO and BELLE QUIMBO both of legal age, and residents of
Room 116 Bldg 17, Urban Homes Tipolo, Mandaue City, hereinafter reffered to as
SUB-LESSEE.
WITNESSETH:
WHEREAS, the SUB-LESSOR is the LESSEE of a portion of a building
located at F. Ramos corner Liman Tian Teng Sts, Brgy Sta. Cruz, Cebu City,
owned by Mr. Kevin Y. Lim per contract of Lease herein forming a part of this
contract of Sub-Lease;
WHEREASE, the SUB-LESSEE desires to sub-lease a portion of the area
from the SUB-LESSOR described as Door 3-C, 3rd Floor of the said building.
NOW, THEREFORE, for and in consideration of the foregoing premises and
of the terms and condition hereunder enumerated, the SUB-LESSOR and the
SUB-LESSEE have mutually agreed as follows:
1. The original Contract of Lease between the SUB-LESOR and Mr. Kevin Y.
Lim shall form part of this Contract of Sub-Lease, binding upon the herein
SUB-LESSEE all its aspects, terms and conditions in the same manner,
force and effect that it is binding upon the SUB-LESSOR; hereby creating
obligations in favour of the SUB-LESSOR in the same way the Contract of
Lease creates obligations in favour of the original Lessor;
2. The SUB-LESSE shall use the premises solely for the purpose of doing
MILKTEA & SNACK BAR business subject to the same rules and regulations
prescribed in the original Contract of Lease, particularly condition No. 11
thereof;
3. The duration of this SUB-LEASE is coterminous with and under the same
terms and conditions of the original Contract of Lease;
4. The SUB-LESSEE shall pay to the SUB-LESSOR a monthly rental equivalent
to one-half (1/2) of the rental to be paid by the SUB-LESSOR to the original
Lessor, under the same terms and conditions prescribed in the original
Contract of Lease governing the manner and time of payment, the option
 and penalties set forth therein, which shall now form part of the rights of
the herein SUB-LESSOR.
Provided that, the monthly rental shall be paid on or before the third day
of every month;
5. Upon signing hereof, the SUB-LESSEE shall tender to the SUB-LESSOR the
amount of P41,775.00 which forms part of the deposit tendered by the SUB-
LESSOR to the lessor in the original contract of lease;
6. The parties shall equally share and observe all the rest of the financial and
administrative obligations and responsibilities set forth in the original
Contact of Lease. Provided that, the payment, rental and other expenses
for the use of the electric generating machine in the area shall be defrayed
by the party who uses the generator.

IN WITNESS WHEREOF, the parties have hereunto affixed their signature on

this ______ day of________, 2019 at Cebu City, Philippines.

CHARMIE JILL V. REDONA JERWIN C. NONO/JOBELLE QUIMBO

SUB-LESSOR SUB-LESSEE
TIN ________________ TIN__________________

WITH MY CONFORMITY:

KEVIN Y. LIM
LESSOR

ACKNOWLEDGEMENT

BEFORE ME, this _______day of ______________ 2019, at Cebu City,

personally appeared: Charmie Jill V. Redona and Jerwin C. Nono and Jobelle
Quimbo with TIN above and below their names, known to me to be the same
persons who executed the foregoing instrument and they acknowledged before
me that the same is their free act and deed.
WITNESS MY HAND AND NOTARIAL SEAL on the same date and place
stated above.

Doc No. _____;

Page No. _____;
Book No. _____;
Series of _____;