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CONTRACT OF LEASE

KNOW ALL MEN BY THESE PRESENT:

This AGREEEMENT is made and entered into by and between:

NONOY GALVEZ, of legal age, married to ARLENE GALVEZ, Filipino, and a


resident of Curuan, Zamboanga City, herein after referred to as the LESSOR;

-and-

MAR FABIE, of legal age, married, Filipino and a resident of Sta. Catalina,
Zamboanga City, herein after referred to as LESSEE and herein represented by MYLA
DELA PEÑA, also of legal age, single, and a resident of Curuan, Zamboanga City;

WITNESSETH

That the LESSOR hereby leases unto the LESSEE and the latter accepts from the
former, an agricultural land located at Rio Vitali, Curuan, Zamboanga City under the
following terms and conditions:

1. The term of this lease is for twenty four (24) months to start on the first
cropping of 2017 and shall be renewable upon mutual agreement of the
parties;

2. Upon execution of this contract or occupation of the premises, whichever


comes first, the LESSEE agrees to pay the amount of Twenty Thousand
pesos (P20,000.00) as rental for the entire period of lease;

3. The LESSEE shall not sublease the premises hereby leased or any part of the
leased premises;

4. It is expressly agreed by the parties that it shall be for the expenses of the
LESSEE when later it shall introduce improvements or make alteration of
whatsoever nature as may be made thereof, shall upon completion ,form
integral part of the leased premises and shall not be removed there from,
but, shall belong to and become exclusive property of the LESSOR without
any right of the part of the LESSEE to reimbursement for the cost or value
thereof.

IN WITNESS WHEREOF, the parties hereto set their hands this _____ day of
March 2017 at Zamboanga City, Philippines.

________________ ________________
LESSOR LESSEE
By:

MYLA DELA PEÑA


Signed in the presence of:

________________________ ______________________

REPUBLIC OF THE PHILIPPINES)


CITY OF ZAMBOANGA……………) S.S
X…………………………………………………..X

BEFORE ME, a Notary Public for and in the City of Zamboanga , personally
appeared to me:

NAME COMMUNITY TAX CERTIFICATE DATE PLACE ISSUE

______________ ______________ _________ __________

______________ ______________ _________ __________

known to me and to me known to be the same persons who executed the foregoing
Contract of Lease, which consists of two (2) pages including this page where this
acknowledgement is written, and they acknowledged to me that the same is their own
free and voluntary act and deed.

WITNESS MY HAND AND SEAL this ____ day of March 2017 at Zamboanga
City, Philippines.

Doc. No.___________
Page No.___________
Book No.___________
Series of 2017.

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