Pam Olive

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June 14, 2008

PAM OLIVE
No. 69 North Dakota St., South Carolina Subdivision,
Iloilo City

Sir/Madam:

Greetings!

This is in connection with your leased property in La Paz, Iloilo for a


term of two years starting April 1, 2006, with a monthly rental of Fifty
Thousand Pesos Only (P50,000.00).

My records disclose that you have not made any payment for six (6)
months, from January 1, 2007 to June 30, 2007. The total outstanding
obligation payable to me as of today is Three Hundred Thousand Pesos Only
(P300,000.00).

Accordingly, a FIRST and FINAL DEMAND is hereby made upon


you to settle the amount of Php 300,000.00 within 10 days from receipt of
this letter, Otherwise, I will be constrained to take the necessary legal action
against you.

Thank you.

Yours Truly,

HIDDEN SHOULDER

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