CONTRACT OF LEASE

KNOW ALL MEN BY THESE PRESENTS:

This CONTRACT OF LEASE is made and executed at the City of Parañaque, this ___day of ______________,
201__, by and between:

_________________________________, Filipino, and with residence and postal address at

No._____________________

_________________________________________, Parañaque City, hereinafter referred to as the LESSOR.

-AND-

_________________________________, Filipino and with residence and postal address at

_________________________

___________________________________________________________ hereinafter referred to as the LESSEE.

WITNESSETH; That

The LESSEE hereby agrees unto the LESSOR to lease ___ room from the property at
No.________________________

_________________________________________, Parañaque City, more particularly designated as Residential and

subject to the following conditions:

1. The term of the lease shall be for the period of ___________ commencing on ___________________,
201__ and shall expire on _____________________________.

2. The monthly rental shall be ___________________________________(₱____00.00) in Philippine currency

to be paid every ________ of the month.

3. The LESSEE shall pay unto the LESSOR a guarantee/security deposit equivalent to TWO (2) months
rental amounting to ___________________________________________(₱____00.00) to guarantee the
LESSEE’s faithful compliance with the terms and conditions of this agreement and an advanced
payment equivalent to ONE (1) month rental of ___________________________________(₱____00.00).

4. UTILITIES- The LESSOR shall pay for the and defray at his own expense, the consumption of water and
other services in the leased property, and the MONTHLY ASSOCIATION DUES for Garbage, Security
fees, etc. The LESSEE will pay the consumption of ELECTRICITY every Month.

5. The LESSEE shall not make or cause to be made any STRUCTURAL improvement/s in the premises
without the prior written consent from the LESSOR, it being understood that such improvement/s shall
be at the sole expense of the LESSEE.

6. The LESSEE shall not directly or indirectly sub-lease, assign or transfer his right under this agreement to
a third party.

7. The LESSEE shall allow the LESSOR or his duly authorized representative to inspect the condition of the
premises at a reasonable time and in the convenience of the LESSOR; and to exhibit the leased premises
to tenants within thirty (30) days prior to the expiration of this agreement.

8. In case of court litigation by virtue of non-payment of the agreed rental or any branch of this agreement
by the LESSEE to the LESSOR shall have the right to collect the amount equivalent to twenty (20)
percent of the total rental due as liquidated damages and reasonable attorney’s fee, exclusive of the
amount due.

9. Security deposit shall be refunded after thirty (30) days from vacating the premises when all monthly bill
receipts such as , electricity are settled.
10. Any damages like tiles, door knobs, screens etc. should be repaired by the LESSEE or deductable from
the deposit in case the LESSEE will vacate the place. LESSEE shall always maintain cleanliness of the
premises.

11. Any and all maintenance works not due to misuse of the property, such as, but not limited to, ceiling,
leaks, plumbing (dripping pipes), faulty electrical wiring, shall be the responsibility of the LESSOR.

The property has been turned over to the LESSEE in good condition.

_________________________ ________________________________
JOHN BAGALAY ____________________
Lessor Lessee

SIGNED IN THE PRESENCE OF:

_________________________ ________________________________

ACKNOWLEDGEMENT

(REPUBLIC OF THE PHILIPPINES PARAÑAQUE CITY)

________________________________S.S

BEFORE ME, this _____________________, 2015 personally appeared the following with
their respective Community Tax Certificate No. as follows:

NAME COMM. TAX CERT. NO. DATE/PLACE ISSUED

1. John Bagalay ______________________ ____________________
2. ___________________ ______________________ ____________________

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 _2_ page/s, including the page on which this acknowledgement 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 the date and place first above written.

Notary Public:

Doc. No.:_______________

Page No.:_______________

Book No.:_______________

Series of 2015