Republic of the Philippines)

Province of Maguindanao )S.S.

Cotabato City )
x–––––––––––––––x

CONTRACT OF LEASE

KNOW ALL MEN BY THESE PRESENTS:

This Contract of Lease, made and entered into by and between:

___________________________________, of legal age, Filipino, and with residence and postal

address at _______________________________________, hereinafter referred to as the "LESSOR";

- and -

_______________________________, of legal age, Filipino, (single / married / widow), and a resident of

___________________________________, Philippines, hereinafter referred to as the "LESSEE";

WITNESSETH: that -

WHEREAS, the LESSOR is the owner of the LEASED PREMISES (Apartment Unit No. ___) located at
____________________________________;

WHEREAS, the LESSOR agrees to lease-out the property to the LESSEE and the LESSEE is willing to leasethe
same;

NOW, THEREFORE, for and in consideration of the foregoing premises and the covenants hereinafter
stipulated, the parties hereby agree as follows:

1. Term: This lease shall be for a duration of _________ (____) year commencing from _____________
and to end on _____________, renewable at the option of the LESSEE at such new terms and
conditions as may agreed upon by the parties.

2. Rental: The LESSEE agrees to pay the LESSOR the monthly rental fee of Pesos:
__________________________ (P_____________), Philippine currency. Upon signing of this
Contract of Lease, the LESSEE shall pay the LESSOR __________ (_____) months' rentals in advance
to be applied on the last __________ (_____) months of the term of this LEASE.The LESSEE shall also
issued ________ (____) post-dated checks covering the monthly rentals for the duration of this LEASE.

3. Deposit: The LESSEE shall also pay the LESSOR the sum of __________ (_____) months deposit of
Pesos: _____________ (P___________), Philippine Currency, to guarantee the payment of any
damage to the leased premises, unpaid utilities and other obligations to third parties by the LESSEE
during the term of the agreement, which deposit shall bear no interest. Unless applied to said
damages, unpaid utilities and other obligations to third parties, said deposit shall be returned to the
LESSEE within thirty days (30) days after the termination of this agreement: Provided, however, that
the deposit cannot be applied to unpaid back rentals owed by the LESSEE prior to the expiration of
this agreement. Furthermore, if the LESSEE vacates the premises before the expiration of the period
of lease, the total amount of the deposit and advance rentals shall be forfeited in favor of the LESSOR.

4. Use of the Premises: The premises shall be used exclusively for residential purposes only of the
LESSEE and the immediate members of (his/her) family and shall not in any way be used for any
illegal or unlawful activity or to keep materials, chemicals and other matters considered as fire hazards
or nuisance to the building.
5. Improvements: The LESSEE shall NOT make any alteration, structural changes or improvement in
the leased premises without the prior written consent of the LESSOR. However, at the termination of
the lease, the same not having been renewed by the parties, the LESSEE shall restore the leased
premises in its original state existing at the commencement of the agreement. Restoration of the
LEASED PREMISES shall be for the exclusive account of the LESSEE. Any improvement after the lease
is terminated and after the LESSEE shall have vacated the premises shall belong to the LESSOR.

6. Facilities: All charges for water, electricity, telephone, and other public utilities used in the leased
premises shall be for the account of the LESSEE.

7. Insurance: The LESSOR shall insure the leased premises against fire. Should the leased premises be
damaged by fire, earthquake, storm or any fortuitous events to the extent that the same be rendered
untenable this agreement shall be automatically cancelled and the deposit as well as the unused
portion of the advance rentals be refunded within thirty (30) days, minus any unpaid obligation.

8. Repairs: The LESSEE shall, during the duration of the lease, make all minor repairs on the leased
premises to preserve the same in serviceable or tenantable conditions at the LESSEE's expense except
replacement of parts due to natural wear and tear. The LESSEE, however, shall give advance notice
to the LESSOR of Ten (10) days prior to undertaking any minor repair. All damages caused to the
leased premises due to the fault, misuse, carelessness, and/or negligence or on account of the use
thereof by the LESSEE and other occupants therein shall be made good and repaired by the repairs
done. Should the LESSEE fail to make the necessary and appropriate repairs within five (5) days from
demand, the LESSOR shall undertake the needed repairs and shall charge the costs thereof to the
LESSEE.

9. Inspection of the Premises: To ensure that the lease premises is being maintained in good and
tenantable conditions, the LESSOR or his authorized representative is hereby given the right after due
notice, to enter and inspect any part of the leased premises during reasonable hours and as the
occasion thereof might require.

10. Assignment and Sub-Lease: The LESSEE hereby shall have no right to assign or transfer its rights,
interest and obligations under the lease contract or sub-lease contract premises or any portion thereof
to any person or entity without the prior written consent of the LESSOR.

11. Injury or Damage: The LESSEE hereby assumes the full responsibility for any damage which may
be caused to the person or property of any third person in the leased premises during the duration of
the lease. LESSEE further binds himself to hold the LESSOR free and harmless from damages as a
result thereof, unless such damage or liability arose out of structural or other inherent defects in the
leased premises or is due to the fault of the LESSOR, his agent or representatives.

12. Sale of Leased Premises: The LESSEE recognizes the right of the LESSOR to sell or otherwise
convey ownership of the leased premises to any other interested party, provided the LESSEE's rights
under the lease are respected.

13. Hazardous and Prohibited Materials: The LESSEE shall not keep or store in the lease premise any
hazardous and obnoxious substance or inflammable material or substance that might constitute a fire
hazard or other chemicals and materials or prohibitive drugs in violations of the laws of the Philippines.

14. Violations: The LESSOR may, at this options, consider this agreement automatically rescinded and
canceled, without need of any court action, upon ten (10) days notice given to the LESSEE based on
any of the following grounds:

a. Failure of the LESSEE to pay two (2) months advance rental and other bills or charges
therefore mentioned as they fall due for any reason whatsoever within the period to pay.

b. For any violation made by the LESSEE or its agents and representatives of any of the terms
and conditions stipulated in this contract.

c. In case the leased premises shall be vacated or abandoned for a period of thirty (30) days
without prior written notice to the LESSOR. Consequently, the LESSOR is hereby permitted
authorized by the LESSEE to enter the premises, either by force or otherwise, without being
liable to prosecution therefor.
 Upon termination of the contact of lease based on any of the foregoing grounds and upon demand,
the LESSEE shall immediately vacate and peacefully surrender possession of the lease premises to the
LESSOR or his duly authorize representative.

15. Remedies: In addition to the provisions of the preceding paragraph, the LESSEE hereby
acknowledges and recognizes the right of the LESSOR to avail or resort to any or all of the following
remedial measures without need of court action:

a. In case of failure of the LESSEE to pay or settle any due and unpaid obligations (rentals,
electricity, water, telephone, association dues etc.) as provided for under this lease contract ,
the LESSEE hereby authorizes the LESSOR, who is hereby given the right, to disconnect all
facilities such as but not limited to disconnect all facilities such as but not limited to electricity,
telephone, water in the leased premises without need of further notice to the LESSEE.

b. Likewise, until the aforesaid unpaid obligations are paid or settled, the LESSEE hereby given
the rights, to re-renter the lease premises, remove all persons therefrom, take possession of
any of all furniture, fixtures and equipment's found thereon or therein and/or padlocked the
door of the premises.

c. Moreover, by way of a security or to secure the payment of any of the unpaid obligations of
the LESSEE, the LESSEE consents and authorizes the LESSOR to retain possession of any of all
the furniture, fixtures and equipment's that may found on the premises as belongings to the
LESSEE until such time that all the unpaid obligations of the LESSEE are paid or settled.

d. If after ten (10) days from the date the LESSOR shall have taken possession of the aforesaid
furniture, fixtures and equipment by way of security, the LESSEE still fails to pay or settle its
unpaid obligations to the LESSOR the LESSEE hereby consents and authorizes the LESSOR to
sell by way of public or private sale any or all the furniture's fixtures equipment as may be
sufficient to pay or settle the lessee's unpaid obligations plus the accrued interests and
attorney's fee equivalent to 25% of the total amount due and unpaid. All expenses that may
be incurred in the sale shall be for the account of the LESSEE.

For purposes of selling the aforesaid properties, the LESSEE hereby irrevocably appoint the
LESSOR as its attorney-in-fact to sell and dispose of any or all of the aforesaid the property of
the LESSEE in a private or public sale at a price as may be determined to be just and reasonable
by the LESSOR and to apply the proceeds therefrom to any or all the unpaid obligations of the
LESSEE.

If the sale proceeds should prove to be inadequate to fully payer settle the unpaid obligations
of the LESSEE, the LESSEE shall remain liable to the LESSOR for any of the deficiency.

Should the proceeds of the sale of any of the aforesaid properties be sufficient to pay or settle
all of the lessee's unpaid obligations, the LESSEE may get back its other properties not sold by
the LESSOR. If after thirty (30) days from written notice of the LESSOR directed to the last
known address of the LESSEE, the LESSEE still fails to get back the remaining properties, said
properties shall then be deemed abandoned in favor of the LESSOR.

The above enumerated remedies proved for the LESSOR shall not be exclusive, but shall be cumulative
and without prejudice to any court action that may be instituted by the LESSOR for any causes of
action that may arise under this contract of lease.

16. Attorney's Fee: In case the LESSOR resorts to judicial action base upon or in connection with this
lease contract, the LESSEE hereby agrees to pay attorney's fee equivalent to One Hundred (100%)
percent of the total amount involved or claimed by the LESSOR as against the LESSEE plus all court
expenses and/or costs of litigation.

17. This CONTRACT OF LEASE shall be valid and binding between the parties, their successors-in-
interest and assigns.
 IN WITNESS WHEREOF, the parties have hereunto set their hands, this _______________ at
________________________, Cotabato City, Philippines.

______________________________ _____________________________
(Signature over printed name) (Signature over printed name)
LESSOR LESSEE

Signed in the presence of:

______________________________ _____________________________
(Signature over printed name) (Signature over printed name)
WITNESS WITNESS

ACKNOWLEDGMENT

Republic of the Philippines)

Province of Maguindanao )S.S.
Cotabato City )
x–––––––––––––––x

BEFORE ME, personally agreed:

NAME ID/ID Number Date/Place Issued:

____________________ ________________ _______________

____________________ ________________ _______________

Known to me and to me known to be the same persons who executed the foregoing instrument and
acknowledged to me that the same is their free and voluntary act and deed.

This instrument consisting of four (4) pages, including the page on which this acknowledgment is written,
has been signed on each and every page thereof by the concerned parties and their witnesses, and sealed
with my notarial seal.

WITNESS MY HAND AND SEAL, on _______________, 2019 at _________________, Philippines.

Notary Public

Doc. No.: ________

Page No.: ________
Book No.: ________
Series of _________