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CONTRACT OF LEASE

KNOW ALL MEN BY THESE PRESENTS:


This Contract of Lease, made and executed by and between:

ANGELITA S. FERNANDEZ, of legal age, married, Filipino, and with residence


address at Block 22 Lot 37 Molino Homes II, Salitran III, Dasmarinas City, Cavite, who
represents the registered property owner, hereinafter called the LESSOR;

AND

JOANNE ALDANA, of legal age, Filipino, married, and with address at Block 23 Lot
37 Molino Homes II, Salitran III, Dasmarinas City, Cavite, hereinafter called the LESSEE;

WITNESSETH:
The LESSOR desires to lease the LOT, lot area 38 square meter, located at Salitran
III, Dasmarinas City, Cavite, which is owned by the LESSOR, who is willing to have it
rented to the LESSEE, subject to the following agreed terms and conditions, as follows;

1. PERIOD OF LEASE – This lease shall be for a period of one (1) year, starting on
Januay 26, 2019 to January 26, 2020, subject to re-negotiation/renewal, the parties
may renew the contract under the terms they agree at least a month before the
expiration of this contract;

2. RENTAL – The LESSEE shall pay the LESSOR a monthly rental of FOUR
THOUSAND PESOS ONLY (Php4,000.00) , Philippine currency, duly received
and acknowledged by the Lessor. The monthly rentals shall be due and payable
every month.

3. DEPOSIT & other obligations –The Lessees have paid TWO (2) MONTHS
ADVANCE and ONE (1) MONTH DEPOSIT . The same shall be reconciled and
used to answer for the unpaid/unsettled lessee/s cost of utilities (electric, water,
association dues/bills, etc) prior to lessee’s leaving the leased property. All utilities
such as electric bills, water, home owner’s association dues/fees and the like shall be
paid and the sole responsibility of the LESSEES;

4. The above-mentioned advance & deposit/s shall be forfeited in favor of the Lessor,
in the event that the LESSEE would pre-terminate this contract prior or before the
expiration of lease.

5. It is also understood that LESSEE shall observe proper sanitation and cleanliness in
the entire duration of the contract, in accordance with national, municipal ordinance
and barangay, or other applicable laws.

6. INSURANCE - Either party to this contract may at its option and expense, secure
appropriate insurance policy over its respective insurable interest on the premises
subject of this lease.

7. INSPECTION OF THE PROPERTY- The LESSOR or his authorized


representative shall, during reasonable time, have free access to the premises for the
purpose of inspecting the same.

8. USE OF THE LEASE PREMISES: The LESSEE warrants that the leased premises
shall be used as residence only. Lessee shall not store any flammable or explosive
materials or any prohibited/illegal materials within the premises under lease. Lessee
shall not use the premises for illegal purpose/s and LESSEE shall be solely
responsible to the authorities for such violation/s.

9. ADDITIONAL IMPROVEMENT ON THE PREMISES: The LESSEE is hereby


allowed and permitted to introduce useful improvement/s on the leased premises,
appropriate for his requirements. However all constructions shall be with prior
approval of the LESSOR. Permanent improvements which cannot be removed
without causing damage to the property to which it is attached shall belong to the
LESSOR upon the expiration of this contract, without reimbursement.

10. SUBLEASE OR ASSIGNMENT – The LESSEE shall not sublease or assign the
leased premises or any portion thereof without the written consent of the LESSOR;
11. IN CASE OF DEFAULT / AUTHORITY AND WAIVER OF LIABILITY – In
case the LESSEE fails to pay two (2) months rentals of the premises, the LESSOR
shall have the right to eject the LESSEE by informing the latter in writing and after
the lapse of five (5) days may secure and enforce possession of the premises and
take valuables/appliances etc. equivalent to the LESSEE’s outstanding balance, with
the help of the Barangay Officials, in which case the LESSEE, under the
circumstances, hereby waives any right whatsoever against the LESSOR, her duly
authorized representative/s and/or the BARANGAY
OFFICIALS/REPRESENTATIVES for any criminal and/or civil liability.. By this
agreement, LESSEE hereby gives the authority to LESSOR and the Barangay
Officials for the said action, even without going to the court, to settle their
differences and allow them inside the leased premises to enforce payment or such
action as may be necessary. . The LESSOR is, likewise, entitled to enforce five (5)
per cent additional penalty ON OUTSTANDING BALANCES on rentals until fully
paid.
.
12. TRANSFER/TERMINATION OF CONTRACT –
Upon termination of this contract or if for any other reason LESSEE intends to leave
the premises and transfers to other place, the LESSEE shall not vacate and take out
their things unless written clearance is issued by the LESSOR. Lessee, if he/she
wishes to pre-terminate this contract must advise Lessor in writing at least three (3)
months advance and one (1) month for removal the machine extension. Lessee shall
also pay/clear all utilities/bills that they consumed/incurred prior to leaving the
premises. Lessee shall maintain the premises and restore to its original state and
condition the said premises at the expiration or prior to their leaving the premises.

13. VIOLATION/S - Any violation of the above terms and conditions by the Lessee or
violation of laws/ordinances shall be sufficient ground by the Lessor to terminate
this contract.

14. ATTORNEYS FEES –


If the LESSOR is constrained to enforce the provisions of this contract with the
assistance of an attorney, through any venue, whether out of court or with judicial
intervention, or thru the courts, the LESSEE shall pay for such attorneys fees in the
amount of at least 10% of the outstanding obligation but not lower than P20,000.00,
plus other costs and damages that may be incurred by the LESSOR.

That the parties have fully read and understood the foregoing contents of the contract
and accept all the provisions herein.

IN WITNESS WHEREOF, the PARTIES have hereunto affixed their signatures on


this 22nd day of February 2019 at Dasmarinas City, Cavite, Philippines.

ANGELITA S. FERNANDEZ JOANNE ALDANA


(Lessor) (Lessee/s)

ACKNOWLEDGMENT
REPUBLIC OF THE PHILIPPINES )
DASMARINAS CITY, CAVITE ) S.S
Before me, a Notary Public for Dasmarinas and the Province of Cavite,
personally appeared the following with their I.D.s:
NAME ID No.
ANGELITA S. FERNANDEZ SSS No. 03-6920864-0
JOANNE ALDANA TIN: 473-097-585-000
known to me and to me known to be the same persons who executed the foregoing
CONTRACT OF LEASE and they acknowledged to me that the same was executed by them
freely and voluntarily. This instrument consists of two (2) pages including this page on
acknowledgment.

WITNESS MY HAND AND SEAL on the day and place above written.

Doc. No. 423


Page No. 85
Book No. 03
Series of 2019

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