AGREEMENT

KNOW ALL MEN BY THESE PRESENTS:

This Agreement made and entered into this 24th day of July, 2018 at Cavite City,
by and between:

JULIEPHINE A. MENORCA, of legal age, Filipino and residing at P. Gomez St.,

Samonte Park, Cavite City, Cavite, known as the FIRST PARTY:

and

TEODORO A. CASTRO of legal age, Filipino and residing at 631 Carnation Road,
Seabreeze Subd., Cavite City, Cavite, known as the SECOND PARTY:

WITNESSETH

WHEREAS, the FIRST PARTY, shall assign a value of the junk shop in as much
as the cash value indicated herein, and shall be a co-owner up to the said value below.

WHEREAS, the FIRST PARTY acknowledged to have received in trust from the
SECOND PARTY the sum of SIXTY THOUSAND (Php 60,000.00) PESOS which she will
return within a period of three (3) months from the date hereof, which shall in turn
terminate the assigned value as stated above.

WHEREAS, should the FIRST PARTY fail to return the amount entrusted to her
by the SECOND PARTY within the period herein stipulated, she will be prosecuted for
the crime of ESTAFA under Art. 315 Paragraph 1(b) of the Revised Penal Code and be
liable to pay the damages as well as Attorney’s pay and continue to pay the interest
as agreed verbally per month from the expiration of this agreement to the time she
can settle the said amount.

IN WITNESS WHEREOF, the parties have hereunto set their hands this 25 th day
of July, 2018 at Cavite City, Philippines.

JULIEPHINE A. MENORCA TEODORO A. CASTRO

First Party Second Party
Postal I.D D52170111136 Driver’s License No. D06-69-021227

SIGNED IN THE PRESENCE OF:

__________________________________________ ___________________________________________
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 ACKNOWLEDGEMENT

REPUBLIC OF THE PHILIPPINES )

CITY OF CAVITE ) S.S

BEFORE ME, a Notary Public for the City of Cavite and the Municipality of
Noveleta and Rosario, Cavite this __________________________, personally came and
appeared the above named persons, with their ID Number’s appearing under their
names, known to me and to me known to be the same person who executed the
foregoing instrument including the page on which this acknowledgement is written
and signed by the parties and their instrumental witnesses on each and every page
thereof, which they acknowledged to me to be their free and voluntary act and deed.

WITNESS MY HAND AND NOTARIAL SEAL.

NOTARY PUBLIC

Doc. No. _________

Page No. _________
Book No. _________
Series of 2019.

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