CONTRACT OF LEASE

KNOW ALL MEN BY THESE PRESENTS:

This contract, executed by and between:


FLORENCIO M. FLAVIANO, Filipino, of legal
age and with residence address at 2 RD 3SMH
Marulas, Valenzuela City hereinafter referred to
as the LESSOR;

and


LANI CANDARI AND TEODORO TOREJOS, JR.
both Filipino, of legal age and residents of
Pandan, Antique, hereinafter referred to as the
LESSEES.


WITNESSETH THAT:


WHEREAS, the LESSOR is the exclusive occupant of a house
within a compound lot located at 2 RD 3 SMH, Marulas, Valenzuela City.


That the LESSEE agrees to rent portion of the room in the said
house as bed spacers under the following terms and conditions, to wit:


1. That the term of this lease of contract shall be for a period of
one (1) year starting this July 18, 2014 up to July 18, 2015 renewable at
the option of the LESSOR. In case the LESSOR deems necessary to
terminate the contract earlier than the agreed period, a notice shall be
given to the LESSEE at least thirty (30) days before the expiration of this
contract, otherwise the lease is considered renewed for the period of one
(1) month;



2. That the LESSEE shall pay a monthly rental of TWO
THOUSAND FIVE HUNDRED PESOS ONLY (P2, 500.00) exclusive of
electricity and water consumption. With respect to the water
consumption, the parties had agreed to a fixed amount of One Hundred
Pesos (P100.00) for every month, if their consumption exceeds the said
amount, the excess shall be upon the expense of the LESSEES;


3. That the LESSEE shall not occupy the garage of the house
without the prior consent of the LESSOR nor shall they park any
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vehicle or utilize the same for their own use without the prior consent
of the LESSOR;


4. The LESSEE shall not make any alteration, addition, and/or
improvement on the premises, without the written consent of the
LESSOR, and in case of such authorized alteration, addition, and/or
improvements on the premises, any and all such improvement shall
become the property of the LESSOR at the expiration of this contract;


5. The LESSOR hereby warrant the peaceful possession and
enjoyment of the leased premises by the LESSEE;

6. That if there is any breach by the LESSEE of any of the
conditions of this lease the LESSOR may re-enter and occupy the lease
premises and the LESSEE hereby waives all rights to any malice to quit
possession.

7. That should the LESSEE desire and/or withdraw and/or
terminate this contract before the expiration of the period, the LESSOR
shall have the right to forfeit the DEPOSIT as liquidated damages


8. That the LESSEE shall not SUBLEASE, ASSIGN, NOR
TRANSFER his/her rights and interests in the leased premises without
the written consent of the LESSOR.


9. That the LESSEE shall not store nor permit to be stored in
the premises any hazardous or highly inflammable goods and materials.


10. To surrender or yield quietly and peaceably to the LESSOR,
the premises with all the fixtures; if the LESSOR needs the property for
his/her personal use, the LESSEE shall at anytime upon notice vacate
the same within a period of thirty (30) days.


11. That the LESSEE shall permit the LESSOR or its agents to
enter and view the condition of the premises at reasonable hours in
convenient manner.


12. That the failure to comply with any of the foregoing
conditions by the LESSEE shall be a valid ground for his/her ejectment,
and he/she be hereby waives any defense as against the LESSOR. The
LESSEE shall further indemnify the aggrieved party of the sum of TWO
THOUSAND PESOS (P 2,000.00) and for liquidated damages.




IN WITNESS HEREOF, the parties hereby affixed their signatures
this ____ day of _______________, 2014 in Valenzuela City.

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FLORENCIO M. FLAVIANO LANI CANDARI
LESSOR LESSEE





TEODORO TOREJOS, JR.
LESSEE




SIGNED IN THE PRESENCE OF:


__________________________ ____________________________



ACKNOWLEDGEMENT


REPUBLIC OF THE PHILIPPINES)
VALENZUELA CITY ) S.S.


BEFORE ME, a Notary Public in Valenzuela City, this ____th day of
October personally appeared:

FLORENCIO M. FLAVIANO

LANI CANDARI

TEODORO TOREJOS, JR.


both known to me to be the same persons who executed the foregoing
instrument and acknowledged to me that the same was executed of their
own free act and deed.

Doc. No. ______;
Page No. ______;
Book No. ______;
Series of 2014