CONTRACT OF LEASE

KNOW ALL MEN BY THESE PRESENTS:

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

Amado N. Vallejo III, of legal age, Filipino, Married, and a resident of

Santiago city, Isabela, 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
Gayong, Cordon, Isabela, Philippines, more particularly described as follows:

House situated in Phinesia Subdivision in Gayong, Cordon, Isabela

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 One year (April 2021 to
April 2022) to commence upon the signing of this Contract and shall be
renewable 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 Seventeen Thousand Five Hundred (P17,500), Philippine Currency. The
rentals shall be paid by the LESSEE to the LESSOR on a monthly basis
payable on or before the 30th day of every month;

3. That upon the signing of this Contract, the LESSEE agrees to pay
advanced rentals for one month (April) and should give month deposit for
security;

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 30th day of April at Cordon, Isabela, Philippines.

________________________ ______________________

LESSOR LESSEE

SIGNED IN THE PRESENCE OF:

__________________ __________________