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ANNEX 1st Demand Letter
ANNEX 1st Demand Letter
May 4, 2015
This letter will serve as a formal notice to you that you are in default of
your obligation to pay Mr. Luke Deider, the sum of Twenty-five Million
Four Hundred Thousand Pesos (₱25,400,000.00) advanced to you last
January 11, 2010, plus a yearly interest of Twenty-five percent (25%).
You are given a period of Five (5) days from receipt thereof to make
good of your obligations to pay the principal amount, together with an
interest due of Thirty-One Million Seven Hundred Fifty Thousand
Pesos (₱31,750,000.00).
Respectfully yours,