CONTRACT OF LEASE

KNOW ALL MEN BY THESE PRESENTS:

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

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

_____________, Philippines, (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 a certain parcel of land situated at
_____________, Philippines, more particularly described as follows:

(Technical Description of Property)

WHEREAS, the Lessor desires to lease the afore-described property in favor of the
LESSEE and the LESSEE accepts the lease subject to the terms and conditions herein set
forth.

NOW, THEREFORE, for and in consideration of the terms and conditions mutually agreed
upon by the parties, the LESSOR hereby lease unto the LESSEE, his heirs, successors
and assigns, the above-described parcel of land subject to the following terms and
conditions, to wit:

1. That the term of this lease shall be for a period of _____________ (_____)
(years/months) to commence upon the signing of this Contract and shall be renewable
for another _____________ (_____) (years/months) at the option of the LESSEE, and
thereafter renewable upon mutual agreement of the parties;

2. That the monthly rentals on the leased premises above-mentioned shall be

__________________________ (P___________), Philippine Currency for the first
_____________ (_____) (years/months) of this agreement, which shall be increased by
__________________________ (P___________) every _____________ (_____)
(years/months) thereafter. The rentals shall be paid by the LESSEE to the LESSOR on a
monthly basis payable on or before the _______th day of the every month;

3. That upon the signing of this Contract, the LESSEE agrees to pay advanced rentals for
_____________ (_______) months;

4. That the LESSOR shall pay the real property taxes levied of the leased premises
corresponding to the aforementioned parcel of land while the LESSEE shall pay the real
property taxes levied on the building and other improvements that shall be introduced
by the latter;

5. It is expressly agreed by the parties herein that any fixed improvements or

renovations that will be introduced in the subject stall shall become the property of the
LESSOR after the expiration of the term of this Contract.

IN WITNESS WHEREOF, the parties have hereunto affixed their signatures this
_____________ at _____________, Philippines.

LESSOR LESSEE

SIGNED IN THE PRESENCE OF:

__________________ __________________
 (ACKNOWLEDGMENT)

REPUBLIC OF THE PHILIPPINES)

CITY/MUNICIPALITY OF ______) SS.
ACKNOWLEDGMENT
BEFORE ME, a Notary Public for and in the (Province/City/Municipality) of
_____________, personally appeared _____________ with Community Tax Certificate
No. _____________ issued on _____________ at _____________ (and Tax
Identification No. (T.I.N.) _____________), known to me and to me known to be the
same person who executed the foregoing instrument which (he/she) acknowledged to
me as (his/her) free and voluntary act and deed, consisting of only ______ (____)
page/s, including this page in which this Acknowledgement is written, duly signed by
(him/her) and (his/her) instrumental witnesses on each and every page hereof.

WITNESS MY HAND AND SEAL this _____________ at _____________, Philippines.

NOTARY PUBLIC
Doc. No. ______;
Page No. ______;
Book No. ______;
Series of ______;
 SPECIAL POWER OF ATTORNEY

 
 KNOW ALL MEN BY THESE PRESENTS:

WE, (Insert Name of Principal) single/married (insert name of spouse if married), of legal age,

with residence and postal address at (Address) do hereby APPOINT (Insert name of Agent
/Attorney-In-Fact)) single/married (insert name of spouse if married), likewise of legal age, with
postal address at (Address) as our true and legal representative to act for and in our name and
stead and to perform the following acts:

To sell, offer for sale, and come to an agreement as to the purchase price and
thereafter to sign for us and in our name and receive payment from the sale of
our property more particularly described as  follows: (Insert Description of
Property)

HEREBY GRANTING unto our representative full power and authority to execute and
perform every act necessary to render effective the power to sell the foregoing properties,
as though we ourselves, have so performed it, and HEREBY APPROVING ALL that he
may do by virtue hereof with full right of substitution of his person and revocation of
this instrument.
 
IN WITNESS WHEREOF , WE HAVE HEREUNTO SET OUR HANDS THIS ____ DAY OF
_______________ 20__, AT (Insert Place of execution of this Instrument).
 
 
_______________________________       __________________________________    
      (Name of Principal)                    (Name of Agent /Attorney-In-Fact)

Signed in the presence of:

  _____________________________        ___________________________________

 
Republic of the Philippines )
 _________________________) S.S
 

BEFORE ME, personally appeared:

            
      Name                                    CTC Number                          Date/Place Issued

    (Name of Principal)                           10000000                     Jan 09, 20__ / Angeles

City
     (Name of Agent)                              10000000                     Jan 16, 20__ / City of
Manila
 
Known to me and to me known to be the same persons who executed the
foregoing instrumentand acknowledged to me that the same is their free and voluntary act
and deed.

WITNESS MY HAND AND SEAL, on the date and place first above written.

                                                                                                              
Notary Public                      
 
Doc. No.______;
Page No. ______;
Book No.______;
Series of 20___.
 
CONTRACT TO SELL
KNOW ALL MEN BY THESE PRESENTS:

This CONTRACT TO SELL, made and executed this ____ day of _________, 20__ by and
between:
 
        (NAME OF SELLER /VENDOR), of legal age, single/married to (Name of spouse if
any), Filipino, and with residence and postal address at  (Address), hereinafter referred to
as the "SELLER/VENDOR";
 
-AND-
 
        (NAME OF BUYER/VENDEE), Filipino and with residence and postal address at
(Address), hereinafter referred to as the "BUYER/VENDEE".
 
WITNESSETH;
 
        WHEREAS, the SELLER/VENDOR is the absolute and registered owner of a parcel of
land consisting of LAND AREA IN WORDS (000) square meters, more or less, located at
(Address of property to be sold) and covered by Transfer Certificate of Title No. (TCT
Number) issued by the Registry of Deeds of (Name of Town or City);
 
        WHEREAS, the BUYER/VENDEE has offered to buy and the SELLER /VENDOR has
agreed to sell the above mentioned property under the terms and conditions herein below
set forth;
 
        NOW THEREFORE,  for and in consideration  of the total sum of (Amount in words)
(Php: 000,000.00) Philippine Currency, and of the covenants herein after set forth
the SELLER/VENDOR  agrees to sell and the BUYER/VENDEE agrees to buy the aforesaid
property subject to the following terms and conditions: (Note: Terms and Conditions
below are sample only, please revise)
 
1.     The total consideration shall be One Million  (Php: 1,000,000.00) PESOS, Philippine
Currency, payable as follows:
a) The amount of THREE HUNDRED THOUSAND (Php: 300,000.00) PESOS, representing
earnest money shall be payable by the BUYER/VENDEE to the SELLER/VENDOR upon
signing of this Contract to Sell;
 
b) The remaining balance in the amount of SEVEN HUNDRED THOUSAND (Php:
700,000.00) PESOS, shall be paid in Cash on or before ___________, 20__.
 
c) In case the check representing the payment for the balance provided in paragraph b
hereof, is dishonored by the drawee bank, the earnest money in the amount of THREE
HUNDRED THOUSAND (Php: 300,000.00) PESOS, shall be forfeited in favor of
the SELLER/VENDOR.
2.     Capital Gains Tax and Real Estate Tax, shall be for the account of
the SELLER/VENDOR;
 
3.     Documentary Stamps Tax, Registration Fee, registration expenses, and all other
miscellaneous fees and expenses shall be to the account of the BUYER/VENDEE;
 
4.     Possession to the subject property shall be delivered by the SELLER/VENDOR to
the BUYER/VENDEE upon full payment of the total consideration;
 
5.    Upon full payment of the total price, the SELLER/VENDOR shall sign and execute
a DEED OF ABSOLUTE SALE in favor of
the BUYER/VENDEE. TheSELLER/VENDOR shall likewise execute and/or deliver any
and all documents, including but not limited to the original copy of Transfer Certificate of
Title, Tax Declaration and all other documents necessary for the transfer of ownership
from SELLER/VENDOR to the BUYER/VENDEE.
 
IN WITNESS WHEREOF, the parties have hereunto affixed their signatures, this ___ day of
____________, 20__ at _________________________, Philippines.
 
 
 (SELLER/VENDOR)                                (BUYER/VENDEE)
Name                                                       Name 

 
WITH MARITAL CONSENT:

________________________                       _________________________

Name of Seller/Vendor's Spouse           Name of Buyer/Vendee's Spouse

 
SIGNED IN THE PRESENCE OF:
 
__________________________               ____________________________
 
 
ACKNOWLEDGMENT

REPUBLIC OF THE PHILIPPINES)

_____________________________ )  SS.

BEFORE ME, a Notary Public, this ____________day of ________________, personally appeared

the following:
 
Name                               CTC Number                Date/Place Issued
 
(Name of Seller/Vendor)                 10000000                February 5, 20__ / Pasay City
(Name of Buyer/Vendee)                 10000000              January 14, 20__ / Quezon City
 
This instrument, consisting of ___ page/s, including the page on which this
acknowledgment is written, has been signed on the left margin of each and every page
thereof by the concerned parties and their witnesses, and sealed with my notarial seal.
 
IN WITNESS  WHEREOF, I have hereunto set my hand the day, year and place above
written.
  
 
Notary Public
                               
Doc. No. ........;
Page No. .......;
Book No. .......;
Series of 20__.
 (Promissory Note Simple Form with Interest)
PROMISSORY NOTE
P_____________

FOR VALUE RECEIVED, I promise to pay without need of demand to the order of
__Payee__, at his office at _____________, the principal amount of PESOS:
__________________________ (P_____________), on or before _____________. In
addition to the foregoing, I promise to pay monthly interest at the rate of
_____________ (_______%) percent, without need of demand, starting from the month
of _____________ until this note is fully paid.
__Date__, _____________, Philippines.

Maker

(Promissory Note Simple Form)

PROMISSORY NOTE
P__________

FOR VALUE RECEIVED, I promise to pay without need of demand to the order of
__Payee__, at his office at _____________, the principal amount of PESOS:
_______________(P_________), on or before _____________.

__Date__, _____________, Philippines.

Maker
 (Real Estate Mortgage Without Separate Promissory Note)
REAL ESTATE MORTGAGE

KNOW ALL MEN BY THESE PRESENTS:

This Real Estate Mortgage, made by and between:

_____________, of legal age, (single / married / widow), and a resident of _____________, Philippines

(hereinafter known as the MORTGAGOR);
- and -
_____________, of legal age, (single / married / widow), and a resident of _____________, Philippines
(hereinafter known as the MORTGAGEE);
WITNESSETH; That:
The MORTGAGOR is indebted unto the MORTGAGEE in the sum of _____________ (P__________),
Philippine Currency, receipt of which is acknowledged by the MORTGAGOR upon the signing of this
instrument, payable to the order of the MORGAGEE without need of prior demand or notice within a
period of _____________ (years/months/weeks/days), at _____________ (P__________)
(monthly/weekly/daily) starting on _____________ and on every _____________ thereafter until fully paid,
with interest thereon at the rate of _____________ (______%) percent per (month/annum).
NOW, THEREFORE, for and consideration of the afore-mentioned indebtedness, and to assure the
performance of said obligation to pay, the MORTGAGOR does hereby convey and DELIVER by
way of MORTGAGE unto the MORTGAGEE, (his/her) heirs, successors and as signs, the following
parcel of land, together with all the improvements found and standing thereon, more particularly described as
follows:
(Technical Description of Property)
That it is the condition of this Mortgage that should the MORTGAGOR perform the obligation to pay the afore-
cited indebtedness of _____________ together with accrued interest thereon, within the agreed term, this Real
Estate Mortgage shall be discharged and shall at once become null and void and of no effect whatsoever,
otherwise, it shall subsist and remain in full force and effect and be subject to foreclosure in the manner
and form prescribed by law.
IN WITNESS WHEREOF, we have have hereunto set their hands, this _____________ at _____________,
Philippines.
MORTGAGOR MORTGAGEE

With my Marital Conformity:

Mortgagor's Spouse

SIGNED IN THE PRESENCE OF:

_________________ __________________

(ACKNOWLEDGMENT)