CONTRACT OF LEASE

KNOW ALL MEN BY THESE PRESENTS:

This Contract of Lease made and executed by and between:

Jhonwell Malaya Reyes, Filipino, 20 of legal age, with residence

address at 19 Imugan St., Brgy Santol, Quezon City, Metro Manila
1113., Philippines, herein after called “LESSOR;”

and

Wendell L. Galapate, Filipino, of legal age, with ID No. who will

take residence at PTC South, Lot 13 Block 31, Carsadang Bago, Imus,
Cavite City., Philippines and herein after referred to as the “LESSEE.”

WITNESSETH: That Whereas --

A. The LESSOR is the owner of the house and lot at PTC SOUTH, LOT 13
BLOCK 31, CARSADANG BAGO, IMUS, CAVITE CITY.
(Premises, hereinafter); and

B. The LESSEE desires to lease the Premises and the LESSOR is willing to lease
the same unto the LESSEE, subject to herein stipulations.
NOW, THEREFORE, the Parties agree to be bound by the following terms and
conditions:
1. TERM. – This lease shall be for a period of Twelve (12) months,
commencing on OCTOBER 15, 2019 and ending on OCTOBER 14, 2020 renewable
upon mutual agreement by both Parties provided the LESSEE gives thirty (30) days
notice to the LESSOR of his/her intention to renew the lease of the subject premises.
2. RENTAL. -- The LESSEE shall pay a monthly net rental of FIFTEEN
THOUSAND PESOS (PHP 15,000.00), Philippine currency inclusive of monthly
association dues.
a. The LESSEE shall pay the sum of THIRTY THOUSAND PESOS (PHP
30,000.00), Philippine currency, representing two (2) month security deposit will
be applied in case of unpaid bills for water, electricity, telephone charges, internet
connection and cable television charges and pre-termination fees, or for damage to
the premises aside from natural wear and tear. The balance, if any, shall be
refunded to the LESSEE by the LESSOR thirty (30) days after the expiration or
termination of this Contract. The LESSOR shall provide an accounting of any
item, expense or cost charged against the security deposit. If lessee did not finish
the contract, the security deposit will be forfeited. THE SECURITY DEPOSIT
CANNOT BE APPLIED AS RENTAL PAYMENT.
 b. The LESSEE shall pay the sum of THIRTY THOUSAND PESOS (PHP
30,000.00), Philippine currency, representing payment of two (2) months advance
net rental of the lease period starting on SEPTEMBER 20, 2019.
3. UTILITIES, OTHER CHARGES AND REPAIRS. -- All expenses for
water, telephone and electricity, internet connection, shall be for the account of the
LESSEE. Association dues shall be for the account of the LESSOR. All electric, water
and telephone bills for the period of the lease shall be forwarded to the LESSEE for
payment.
4. IMPROVEMENTS. -- The LESSEE shall not make any structural changes,
alterations or improvements in the Premises without the written consent of the
LESSOR. However, any major alterations or improvements made or introduced by the
LESSEE with the written consent of the LESSOR shall, upon expiration or
termination of this Contract, automatically inure to the benefit of said premises and
become property of the LESSOR without any obligation on the latter’s part to pay or
refund its value or cost to the LESSEE.
5. PURPOSE. -- The Premises shall be used exclusively for residential
purpose.

6. SUBLEASE. – The Premises shall not be sub-leased without the written

consent of the LESSOR.
7. SANITATION AND REPAIRS. – The LESSEE shall keep the Premises clean
and in sanitary condition. The LESSEE has inspected the Premises and found the
same to be in good order and tenantable condition. Major repairs on the Premises not
attributable to the LESSEE shall be for the account of the LESSOR, as well as such
damage caused by fire, flood, earthquake, natural disaster or calamity.
The LESSOR shall undertake repair of the same upon written notice by the
LESSEE of such fact of damage. Each minor repair under Five Thousand Pesos
(Php5,000.00), Philippine currency, shall be for the account of the LESSEE while any
minor repairs in excess of said amount shall be for the account of the LESSOR.
8. FIRE HAZARDS AND OBNOXIOUS SUBSTANCES. – The LESSEE
shall not keep, deposit or store in the Premises any obnoxious substance or
inflammable material or substance, except those which are reasonably necessary for
the enjoyment of the lease, that might constitute a fire hazard or increase the risk,
damage or destruction to the Premises.
9. TAXES AND FIRE INSURANCE. -- Real estate taxes and government
assessments and fire insurance charges shall be for the LESSOR’s account.
10. THIRD PARTY LIABILITY. – The LESSEE, during his/her occupancy of
the Premises shall hold the LESSOR free and harmless from any damage, liability or
responsibility to any person or property arising out of or as consequence of the use of
the Premises by the LESSEE, her family, agents, employees, househelp, and guests.
The LESSOR shall not be in liable for any ILLEGAL ACTIVITIES inside the
room. The Lease Contract will be automatically terminated. However, it is the
LESSOR responsibility to assist and cooperate in the investigation of any the
allegations.
 11. DAMAGE TO THE PREMISES. – In case of damage to the Premises as
may be occasioned by fire not attributable to the LESSEE, earthquake, typhoon, war
or similar concerted acts of men, notice thereof must be made known to the LESSOR
who shall, upon receipt thereof, endeavor to see to it that the premises are rendered in
tenantable condition with the earliest reasonable time. If, however, the premises shall
be so destroyed as to make the premises untenantable, LESSEE shall have the option
to rescind this contract for the repair and restoration as above indicated shall be for the
account of the LESSOR.
Upon rescission, LESSOR shall immediately refund all sums owing the LESSEE
including the rentals for the period commencing from the date the premises became
uninhabitable.
12. MAINTENANCE AND INSPECTION OF THE PREMISES. -- The
LESSEE shall maintain the Premises in good and tenantable condition and for such
purpose, the LESSOR reserves the right, at reasonable times and with notice, to enter
and inspect the Premises and to make the necessary repairs thereat subject to the
provisions of Paragraph 7 hereof. The LESSEE likewise agrees to cooperate with the
LESSOR in keeping the said Premises in good and tenantable condition.
14. SALE, TRANSFER AND MORTGAGE. – In the event of the sale, transfer,
mortgage, or any other encumbrance of the Premises, the vendee, transferee or
mortgagee shall respect all terms and conditions of this Contract, including provisions
for the renewal thereof. The LESSEE shall allow the LESSOR or her authorized
representative to enter the Premises together with the prospective buyers with prior
written notice and arrangement made by the LESSOR to the LESSEE at a reasonable
time of day.
15. SURRENDER OF PREMISES. – LESSEE shall immediately quit and
surrender possession of the Premises and any improvements thereon to the LESSOR
at the expiration or termination of the lease in as good condition as reasonable use and
wear will permit.
16. RETURN OF THE PREMISES. – Upon expiration or termination of the
lease, the LESSEE shall immediately vacate the premises and return possession
thereof to the LESSOR, unless this Contract is extended.
17. RULES AND REGULATIONS. – The LESSEE agrees to abide by the
existing rules and regulations promulgated by the management of PTC South.
18. VIOLATION, BREACH. – Any violation of the terms and conditions by
either of the Parties shall be sufficient ground for the termination of this Contract by
either of them, with damages accruing to the innocent party.
19. LIQUIDATED DAMAGES. – In case of court litigation by virtue of non-
payment of the agreed rent or any other breach of this Contract on the part of the
LESSEE/LESSOR, the LESSOR/LESSEE shall have the right to collect the amount
equivalent to twenty percent (20%) of the total obligation due as liquidated damages
and the same amount as and for Attorney’s fees, exclusive of the cost legally accrued.
 20. AMICABLE SETTLEMENT OF DISPUITES, EXCLUSIVE VENUE OF
SUITS. – The Parties shall endeavor to settle amicably controversies or disputes that
may arise under this Contract. In the event of suit or legal dispute, the proper court in
the CITY OF CAVITE shall be the sole and exclusive venue thereof.
IN WITNESS WHEREOF, the Parties affix their signatures hereon this
_______________ at _______________________.

____________________________ ______________________

LESSOR LESSEE

Signed in the Presence of:

_______________________ _______________________
 ACKNOWLEDGEMENT

REPUBLIC OF THE PHILIPPINES )

City of _________________________ ) S.S.

BEFORE ME, a Notary Public for and in the City of ________ personally
appeared:

NAME ID No. Expiry Date/ Place issued

known to me and to me known to be the same persons who executed the foregoing
Contract of Lease, consisting of _________(__) pages including this page, and they
acknowledged to me that the same is their voluntary act and deed.

WITNESS MY HAND AND SEAL this _____ day of__________, 2019 at

_____________________________.

NOTARY PUBLIC

Reg. No. ______;

Book No. ______;
Page No. _______;
Series of 2019.