CONTRACT OF LEASE

KNOW ALL MEN BY THERE PRESENTS:

This Contract of Lease made and entered into this ___th day of __________ in 20___, Metro
Manila, Philippines by and between;

GIGI NOVERO DELA CRUZ, Filipino, of legal age, with postal address at #57 Villaba St., Phase 6A,
BF Homes, Paranaque City, hereinafter referred to as the LESSOR.

-And-

___________________________________, of legal age, Filipino, single, with postal address at

____________________________________________________________________________________,
herein referred to as the LESSEE.

WITNESSETH:
WHEREAS, the LESSOR is the owner of the LEASED PREMISES, a semi-furnished/furnished condominium
residential property situated at UNIT #510A Aria Bldg., Amaia Condominium , Sucat Rd. Paranaque.

WHEREAS, the LESSEE desires to lease said premises and the LESSOR is willing to lease the same unto
the LESSEE subject to the terms and conditions hereafter set forth.

NOW, THEREFORE, for and in consideration of the foregoing and mutual covenants herein contained, the
LESSOR has let and lease unto the LESSEE the aforementioned residential house under the following
terms and conditions:

1) TERM: The terms of lease shall be for a period of _______ (__) month/year commencing
from ________________________ to ______________________ renewable for such period and
such terms as may be mutually agreed upon by both parties.

2) RENTAL MODE AND RATE: The parties herein agree that the monthly rental of the leased
premised shall be _______________________THOUSAND PESOS (___________________php).
The LESSEE shall pay the LESSOR total amount of ____________________ THOUSAND PESOS
(____________________ php) in the form of CASH/POST DATED CHEQUES (PDC) dated every 15
th of months of year 2017-2018 upon signing of this Contract.

3) ADVANCE: That the LESEE shall issue an advance payment to the LESSOR upon signing of this
contract and prior to move-in an amount equivalent to the rent of (__) _____ month or a sum of
PESOS: __________________________________________php. Wherein, the advance payment
shall be applied on the last months of the remaining period of this contract.

4) DEPOSIT: That the LESSEE shall issue a deposit payment to the LESSOR upon signing of this
contract and prior to move-in an amount equivalent to ______ month rent, shall be considered
as security payment to cover the last month/s of rent upon termination of the contract and the
cost of repair aside from the natural wear and tear and whatever amount of the LESSEE might
owe the LESSOR for unpaid electric, telephone and other bills which the LESSEE is obligated to
pay under this contract. This deposit is consumable and non-refundable. Not-applicable on
Contract Renewal.

4.1. The deposit sum of Php _______________, If the LESSEE vacates the premises
before the expiration of this contract, the total amount of the deposit is forfeited in favor
of the LESSOR. The succeeding monthly rental payments are to be made directly to the
LESSOR if his/her authorized representative without necessity of demand, on or before
its due date.

5) RENEWAL: Upon contract signing, Advance and Deposit payments made from the previous
lease contract on the same premise shall be automatically carried over unto the new lease
contract, unless lease amount changes will be made by LESSOR. LESSOR may change Terms and
Conditions of contract only upon renewal.

6) PUBLIC UTILITIES.: All consumption of electricity, water and all repairs and new installation
in connection with such services shall be for the account of, and shall be paid by the LESSEE.

7) PURPOSE: The premises subject matter of this Contract shall be used for residential purpose
and for no other purposes without the written consent of the LESSOR. NO SUB-LEASING. NO
PETS ALLOWED.

8) IMPROVEMENT: The LESSEE shall not make any major alterations, structural changes or
improvements in the leased without the previous written consent of the LESSOR. However, any
major alterations or improvements made or introduced by the LESSEE in the said premises with
the consent of the LESSOR shall, upon termination of the Lease Contract, automatically accrue to
the benefit of the said premises and become the property of the LESSOR without any obligation
on the latter’s part to pay or refund its value or cost to the LESSEE.

9) REPAIR & SANITATION : All damages to the property, such as clogging of the water closets,
lavatory sinks, drains and other plumbing works and such other defects and damages caused by
the fault, misuse, carelessness and/or negligence on account of the use thereof by the LESSEE,
his family, agents, employees of servants, shall be repaired and made good by the LESSEE, but
not those caused of force majeure.

10) DANGEROUS GOODS: The LESSEE shall not keep, deposit, and store in the premises any
obnoxious substance or any inflammable material of substance that may constitute a fire hazard.

11) INSPECTION: For the purpose of it, for the convenience of all concerned, that the condition
of the premises is maintained in good, tenantable condition, the LESSOR of his/her authorized
representative is hereby given the right, after due notice, to enter and inspect any part of the
leased premises during reasonable hours and at the occasion therefore might require.
 12) ADVANCE NOTICE: The LESSEE agrees to give the LESSOR thirty (30) days written advance
notice of his intention to vacate the premises before the expiration of the term, provided,
however that upon receipt of said notice, the LESSOR shall be free to show the prospective
tenants during those thirty days.

13) TURN-OVER: Upon the termination of this Contract of Lease for any reason whatsoever, the
LESSEE shall immediately vacate the premises and return possessions thereof to the LESSOR
upon that latter’s request unless this lease is extended for another period at the request of the
LESSEE.

14) LITIGATION: Should any of the parties herein be compelled to seek judicial relief against the
other, the losing party shall pay an amount of 100% of the damage amount claimed by the
complainant plus attorney's fees equivalent or no less than Php 50,000.00.

15) NON-PAYMENT: That in case of non-payment of the rental herein stipulated; or violation of
any condition of this contract, the lease shall be considered rescinded, and the LESSOR shall have
right to demand that the LESSEE vacate the premises.

16) Any violation on the part of the LESSEE of the terms provided for in this Contract shall be
sufficient ground for the termination of this Contract of Lease.

17) PERSONAL INFORMATION : That both parties have issued their true personal identification
details stated above to which postal addresses are active and reachable for legal purposes.

This Contract of Lease shall be binding upon the heirs, executors, administrators, assigns, and
legal representatives of the contracting parties herein named.

IN WITNESS WHEREOF, the parties have hereunto signed these presents on the date and at the
place first above written.

GIGI N. DELA CRUZ ________________________

LESSOR LESSEE

SIGNED IN THE PRESENCE OF:

_____________________ ____________________

ACKNOWLEDGEMENT
REPUBLIC OF THE PHILIPPINES)

) S.S

BEFORE ME, a Notary Public, for and in ________________________ Philippines this day of
____________, 20___, personally appeared:

NAME: COM.TAX.CERT.NO DATE AND PLACE OF ISSUE

GIGI N. DELA CRUZ ________________ _____________________

_______________________ ________________ _____________________

All known to me and to me known to be the same persons who executed the foregoing
instrument, and acknowledgment that the same is their free act and deed.

WITNESS MY HAND AND SEAL this ____ day of ___________, 20____ in

________________________

NOTARY PUBLIC
Doc. No. _____________________________
Page No. _____________________________
Book No. _____________________________
Series of 20 ___________________________