Memorandum of Agreement

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MEMORANDUM OF AGREEMENT

KNOW ALL MEN BY THESE PRESENTS:

This contract was made and entered into by and between:

ATTY. ELEONOR A. MARAVILLA-ONA, Filipino, of legal age and with


postal address at CM Plaza Bldg., Don P. Campos Ave., Dasmarinas, Cavite,
hereinafter referred to as FIRST PARTY;

-and-

NESTOR R. PEREA, Filipino, of legal age and resident of 254 R.


Magsaysay St., Daine, Indang, Cavite and NICA A. ALDE, Filipino, of legal
age and resident of 2235 P. Binay St., Bangkal, Makati City, hereinafter
referred to as SECOND PARTY;

WITNESSETH:

WHEREAS, FIRST PARTY intends to sell a real property located at


Malinta, Dasmarinas, Cavite covered by Transfer Certificate of Title No. T-
1025896, for a selling price of TWO THOUSAND FIVE HUNDRED PESOS
(P2,500.00) per square meter;

WHEREAS, both parties hereby agree that any amount in excess of


Two Thousand Five Hundred Pesos (P2,500.00) per square meter shall be
divided between them in the following manner:

FIRST PARTY - 50%


SECOND PARTY - 50%

IN WITNESS HEREOF, the parties hereto have hereunto set their hands
this 14th day of October 2003 in Dasmarinas, Cavite.

________________
ATTY. ELEONOR A. MARAVILLA-ONA
First Party

_________________ ________________
NESTOR R. PEREA NICA A. ALDE
Second Party Second Party

WITNESSES
____________________ _________________________

REPUBLIC OF THE PHILIPPINES)


DASMARINAS, CAVITE ) S.S.

Before me, a Notary Public for and in Dasmarinas, Cavite this 14 th day of October 2003
personally appeared ATTY. ELEONOR A. MARAVILLA-ONA with her Res. Cert. No.
______________ issued at Dasmarinas, Cavite on 01.02.03 and NESTOR PEREA with his Res.
Cert. No. ______________ issued at _________________ on ______________ and NICA ALDE
with her Res. Cert. No. ______________ issued at _________________ on __________, known
to me to be the same persons who executed the foregoing and they acknowledged to me that
the same is their free and voluntary act and deed.

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

Doc No. _____;


Page No. ____;
Book No. _____;
Series of 2003

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