CONTRACT OF LEASE

KNOW ALL MEN BY THESE PRESENTS:

This Contract of Lease made and entered into this day of , 2019 at
, Philippines, by and between:

ALMANZA SOUTH PROPERTY CORP. represented by LYZANDRA ROSARIO

DOLOSA-GUZMAN of legal age, Filipino, with postal address at Lot B12-D Gregorio
Compound Alabang Zapote Rd., Almanza Las Piñas City, hereinafter referred to as the
“LESSOR;”

-and-

HENRI DIOVAL D. CANDELARIO, of legal age, Filipino, with postal address at

General Luna Street Poblacion, Altavas, Aklan 5616, hereinafter referred to as the
“LESSEE.”

WITNESSETH that:

WHEREAS, the LESSOR is the registered owner of a House, specifically (ROOM 3) Lot 2 Block 2 No. 3
San Francisco Subdivision San Francisco Barangay Almanza Uno, Alabang Zapote Rd, Almanza, Las Piñas
City, hereinafter described to as the “LEASED PREMISES.”

WHEREAS, the LESSEE desires to lease the aforesaid LEASED PREMISES and the LESSOR is willing
to lease the same unto the LESSEE subject to the terms and conditions herein specified:

NOW, THEREFORE, for and in consideration of the foregoing and the mutual covenants, the LESSOR
has let and by these presents does hereby let and lease unto the LESSEE the LEASED PREMISES, and the
LESSEE hereby accepts the same by way of lease, subject to the following terms and conditions:

1. LEASE PERIOD- The lease of said LEASED PREMISES shall be for the period of Six (6) Months, to
commence on July 15, 2019 and to expire midnight of January 14, 2020 renewable upon mutual agreement
and consent of both parties. The LESSEE shall give a written notice to the LESSOR of its desire to renew the
lease at least sixty (60) days before termination of the contract.

2. RENTAL RATE- In consideration of this Contract, the parties herein agree that the monthly rental of leased
premises shall be: FOUR THOUSAND FIVE HUNDRED PESOS (₱4,500.00), Philippine Currency,
excluding all utilities (water, electric, cable, telephone, etc) and shall be limited to a maximum of two (2)
occupants.

Mode of payment shall be as follows:

a. Upon signing of Contract, the LESSEE shall pay the LESSOR FOUR THOUSAND FIVE
HUNDRED PESOS (₱4,500.00), as payment for One (1) Month Advance Rent (July 15, 2019 to
August 14, 2019). The LESSEE shall pay the LESSOR every 15th of the month as stated on the
Schedule of Payment thru online payment or to the LESSOR’S Official Representative (With
Official ID of ASPC). The LESSEE shall notify and show proof of payment for the monthly rent
and the LESSOR shall issue an Official Receipt for the monthly rent.
DATE PERIOD AMOUNT
08.15.19 08.15.19 to 09.14.19 ₱4,500.00
09.15.19 09.15.19 to 10.14.19 ₱4,500.00
10.15.19 10.15.19 to 11.14.19 ₱4,500.00
11.15.19 11.15.19 to 12.14.19 ₱4,500.00
12.15.19 12.15.19 to 01.14.20 ₱4,500.00

b. SECURITY DEPOSIT- Upon signing of this Contract, the LESSEE shall pay to the LESSOR the
sum of NINE THOUSAND PESOS (P9,000.00) to be applied as two (2) months Security Deposit
and shall not earn interest during the leased period or any extension thereof. The two (2) months
security deposit shall be deemed a deposit in case there are unpaid bills such as electric, cable, and
the like, penalties and/or surcharges damages on the leased premises aside from the natural wear
and tear. The balance, if any, shall be refunded to the LESSEE upon termination of this Lease
Agreement, settlement of accounts noted herein, not to exceed sixty (60) days after termination of
this Contract and turnover of the leased premises to the LESSOR. The Security Deposit will not
be released in case LESSEE has not completely pulled-out his/her personal belongings. The
LESSOR shall impose a storage fee of One Thousand Pesos (P1,000.00) per month and shall
deduct from the Deposit until the personal belongings of the LESSEE are completely pulled out
from the Leased Premise.
 Security Deposit shall be forfeited without the need of further notice in case the LESSEE will not be
able to complete the Contract period or any renewal or extension period hereof. The LESSEE in
return shall surrender all keys of the leased premise. Security Deposit cannot be applied as rental
payment.

3. USE AND CARE OF THE PREMISES:

a. The LESSEE shall accept the LEASED PREMISES in its existing physical condition. The LESSEE upon
signing of this Contract acknowledges that he/she has inspected the LEASED PREMISES and has found the
same suitable for the purpose of the lease. The LESSEE shall, at their expense maintain the LEASED
PREMISES in a clean sanitary condition, free from obnoxious odors and disturbing noises and upon
expiration of this lease or upon cancellation thereof as herein provided shall surrender and return the
LEASED PREMISES and fixtures in as good and tenantable condition as when taken, except ordinary wear
and tear. The LESSEE shall not deface nor damage any part of the LEASED PREMISES. Any injury or
damage caused or done by the LESSEE of their family members, visitors, employees shall be repaired by
them at their own expense. The LESSEE shall not keep, deposit or store in the LEASED PREMISES any
obnoxious substance or inflammable material or substance that might constitute a fire hazard. The LESSEE
shall not introduce any permanent alteration, addition or improvement on the leased premises which cannot
be removed without defacing or destroying the premises without the written consent of the LESSOR. Any
damage or holes on the walls or flooring as a result of any improvement should be repaired and restored to
original condition. Upon termination of said lease, the unit shall be left by LESSEE in a sanitary, clean
condition, suitable for immediate lease to another LESSEE; and any loss, cost or expense occasioned by
LESSEES failure to do shall be charged against the aforesaid security deposit, LESSOR and/or its
representative’s decision as to said condition, and the necessity of expense to render said unit in a usable
condition shall be binding upon the parties hereto.

b. The property subject matter of this Contract shall be used exclusively for residential purpose only. LESSEE
guarantees not to conduct any business, commercial, illegal activities or introduce illegal substances in the
LEASED PREMISES. Violation of this provision shall automatically terminate this contract of lease and
shall subject the LESSEE to any penalty, which may be imposed by the LESSOR.

c. LESSEE shall not permit any unlawful or immoral practices and items to be committed upon and brought in
the premises, perform or permit any practice which may cause a nuisance to other tenants or damage the
reputation of or otherwise be injurious to the building or the neighborhood, or increase the rate of insurance
on the building. Further, the use of the premises by LESSEE shall be in a manner consistent with the rights of
other occupants of said building so as not to cause undue disturbance.

d. Without limiting the activities or uses otherwise prohibited by this Lease, the following activities are
specifically prohibited:
d.1. NO PETS SHALL BE PERMITTED INSIDE THE LEASES PREMISES AND THE COMMON
AREA.
d.2. LESSEE shall not store his personal property outside of the leased unit, (i.e., slippers, shoes, umbrellas,
etc.) except in designated storage areas.
d.3. LESSEE shall not permit or allow any rubbish, waste materials or other product to accumulate upon
premises but shall maintain the same in a reasonably clean condition at all times. Garbage must be disposed on
daily basis in designated garbage area only.
d.4. Padlocks, chain locks of any type on any door exterior or interior are prohibited except locks installed
by the LESSOR. LESSEE agrees not to change existing lock(s) on said premises without first obtaining
approval from the LESSOR.
d.5. No parties or any form of gathering will be held outdoors without the written consent of LESSOR.
Indoor gatherings shall be small, controlled and not disturb neighbors. Illegal activities are prohibited at any
time.
d.6. LESSEE shall not make changes, alterations or modifications, temporary or permanent, to the unit
without prior written consent from the LESSOR.
d.7. LESSEE shall not park within the (residential) premises and shall not block the driveway with his or
guest’s vehicle.
d.8. LESSEE is responsible for putting out garbage and shall follow a given schedule in compliance with
Municipal regulations governing such actions.
d.9. NO SMOKING AND ALCOHOL DRINKING INSIDE THE UNIT OR BUILDING
NO HANGING OF CLOTHES, RAGS OR ANY PERSONAL ITEMS ANYWHERE INSIDE THE
BUILDING PREMISES.
 4. SUBLEASING – The LESSEE shall not sublease the lease premises to other person/entities except upon the
express written consent of the LESSOR.

5. NON-PAYMENT OF RENT – Failure or delay on the part of the LESSEE to pay equivalent of one (1)
monthly rental shall be considered as a default of the Contract. The amount paid in accordance with
paragraph 2b hereof, shall be forfeited in favor of the LESSOR as part of liquidated damages without the
need of further notice and without prejudice to the collection of further damages. LESSOR has the right to
repossess the leased premises without need of prior notice, demand or judicial action. LESSOR shall likewise
be entitled to, as the LESSEE shall be liable for, liquidated damages in the amount of 25% of the total
amount of unpaid rent.

6. ABANDONMENT OF LEASED PREMISES – LESSEE hereby agrees that he/she shall be deemed to
have abandoned the leased premises if the same remains vacant, vacated or uninhabited by the LESSEE for a
period of more than fifteen (15) days from due date of Rent without payment, notice and coordination to the
LESSOR within the duration of the lease. In such case, the LESSEE likewise agrees and permits LESSOR or
his/her representative to enter the leased premises using whatever reasonable force necessary to repossess the
same without need of prior notice, demand and/or judicial action. Should the LESSOR repossess the leased
premises, LESSEE has five (5) days from notice within which to claim his personal property found inside the
leased premises during repossession from LESSOR. Otherwise, LESSOR shall have the right to dispose of
said personal property after lapse of the day period.

7. LIMITATION ON NUMBER OF OCCUPANTS – The LESSEE shall declare/issue a list of names,

personal details and number of tenants who will occupy the LEASED PREMISES upon execution of this
Contract. Thereafter and during the effectivity of this Contract, the LESSEE is not allowed and/or shall not
allow any other person not included in the list mentioned above to move in, occupy, and/or live in the
LEASED PREMISES without the written consent of the LESSOR. The LESSEE hereby agrees and
acknowledges that any violation of this prohibition shall be construed as a breach of this Contract, and shall be
considered by the LESSOR as a ground to terminate the same for which the LESSEE shall be liable to the
LESSOR in the amount of Php8,000.00/per occupant.

8. BREACH – In case of the failure of LESSEE to abide by, comply with, or adhere to the provision of this
agreement, the same shall constitute a breach hereof, and shall entitle LESSOR to repossess the leased
premises without need of prior notice, demand or judicial action, with costs against the LESSEE.

9. SEPARABILITY CLAUSE – In case some of the provision of his Agreement is subsequently nullified or
rendered void, the remaining valid provision shall remain in full force and effect between the parties herein.

10. WATER, ELECTRICITY, CABLE, TELEPHONE, ETC.: All expenses for water, electricity, telephone,
and other public services or utilities enjoyed in the leased premises shall be for the account of the LESSEE.
Failure of the LESSEE to pay any of the foregoing shall be a ground for the termination of this contract. It is
the responsibility of the LESSEE to check the proper installation and/or performance of the utilities. Any
additional charges by the utility companies due to leakage, etc., shall be for the account of the LESSEE.

11. THIRD PARTY LIABILITY: The LESSEE during the occupancy of the leased premises shall hold the
LESSOR free and harmless from any damage, liability or responsibility to any person or property arising out of
or as a consequence of the use of the leased premises by the LESSEE, his agents, employees, guests, when
such damage or liability is caused by the fortuitous events or acts of God, such as typhoon, earthquake,
explosion, and flood, etc, which are beyond the control of the LESSOR.

12. NON-LIABILITY OF THE LESSOR: The LESSOR shall not be liable for any loss, damage or
inconvenience which the LESSEE may sustain in the LEASED PROPERTIES due to any cause whatsoever,
including but not limited to the following:
a. Leakage or defect in or destruction of any water, electrical, telephone/cable service/internet service or
plumbing installation or facilities in or about the LEASED PREMISES.
b. Absence, failure, breakdown or insufficiency or water supply, electric current, telephone/cable
service/internet service or plumbing installation or facilities in or about the LEASED PREMISES.
c. Presence of bugs, ants, termites, rats vermin or insects of any kind of nature in the LEASED
PREMISES.
d. Fire or fortuitous events, theft, robbery or other crimes and misdemeanors.

13. LOCK-OUTS: LESSEE agrees that he will be liable for a PHP500.00 service charge in the event the LESSOR
is required to close or reopen the leasehold premises at the request of LESSEE of or government authorities.

14. CONSENT TO INSPECT AND SHOW: LESSOR or his/her representative may enter the leased premises
with prior notice at a reasonable time to conduct periodic inspections or perform necessary maintenance. Also,
once LESSEE has given notice of their intent to vacate, LESSOR or his/her representative may enter the
premises with prior notice to show the unit to prospective tenants.

15. PERSONAL PROPERTY: LESSEE is responsible for his/her own insurance on personal property. LESSOR
shall not be liable for any loss, damage or destruction’s of LESSEE’S personal property. LESSOR may
remove and store at the expense of the LESSEE all property found contained herein, after move-out of
abandonment of the unit by LESSEE.
 16. EVICTION: ANY MISREPRESENTATION IN THIS AGREEMENT OF VIOLATION OF ITS
PROVISIONAL SHALL BE SUFFICIENT FOR EVICTION. Should the LESSEE fail to pay the rent herein
stipulated in accordance with the terms above stated, or violated the terms of this contract, the LESSOR has the
right to TERMINATE and/or CANCEL THE CONTRACT.
a. LESSOR has the right to padlock the unit in the event that the LESSEE refuses to leave and/or has not
maintained communication.
b. In the event that the LESSEE is in arrears in the payment of rentals, he/she may not remove the equipment/
furniture and facilities stored in the leased premises and belonging to the LESSEE without the consent of the
LESSOR and such facilities and equipment/ furniture will serve as security for the payment of rentals in arrears
and of other obligations of the LESSEE. If two (2) months have passed since eviction/ confiscation and
LESSEE still has not made the necessary payment arrangements, LESSOR has the right, in its discretion, to
absorb, sell or donate these equipment/ furniture and facilities in exchange for the lost payment.

17. JUDICIAL RELIEF AND PENALTY: Should the LESSOR be compelled to seek judicial relief against the
LESSEE to enforce this contract, the latter shall, in addition to the damages mentioned in the preceding
paragraph, be liable to pay attorney’s fees equivalent to 20% of the amount claimed in the complaint, the same
should not be less that PHP50,000.00 aside form the cost of the litigation and other expenses which the lay may
entitle the LESSOR to recover from the LESSEE.

18. This Lease Agreement expresses the whole and entire agreement between the parties with reference to the
premises, and it cannot be modified or changed by any oral or verbal promise by whosoever made, unless said
modification is reduced to writing and acknowledged by the signatures of the parties hereto.

IN WITNESS WHEREOF, the PARTIES hereto have affixed their signatures this____ th day of
____________20__ in ______________.

Almanza South Property Corp.,

By:

LYZANDRA ROSARIO DOLOSA-GUZMAN HENRI DIOVAL D. CANDELARIO

LESSOR LESSEE

Signed in the presence of:

___________________________ _________________________

REPUBLIC OF THE PHILIPPINES)

__________ CITY_________________)S.S
Before me, a Notary public, for and in the above jurisdiction, personally appeared the following:
Name Proof of Identity/ID NO. Issued on
1. Lyzandra Rosario Dolosa-Guzman
2. Henri Dioval D. Candelario
3.
4.

Known to me and to me known to be same person who executed the foregoing Residential Lease Agreement consisting
of four (4) pages, and acknowledged that the same is their free and voluntary act and deed.
Doc. No.______
Page No.______
Book No.______
Series 2019.