LEASE OF REAL PROPERTY

1. This agreement entered into by and between:

Pedro de la Cruz, Filipino, of legal age, single, with residence
at Brgy. San Juan, Surigao City, hereinafter called the
LESSOR, and
MARIO DE LA PAZ, Filipino, of legal age, single, with
residence at Brgy. San Juan, Surigao City, hereinafter called
the LESSEE.
2. In consideration of the rent and other covenants hereinafter set forth,
the LESSOR hereby leases to the LESSEE a parcel of land located
at Brgy. San Juan, Surigao City belonging to the LESSOR and
covered by TCT No. 000910.
3. The term of this lease shall be for a period of Five (5) years,
renewable for the same period upon mutual agreement.
4. The LESSOR transfers all his rights and prerogative to evict any
occupant within the residential land to the LESSEE.
5. Rent shall be paid at the rate of Php 11,000.00 per month within the
first Five(5) days of each month.
6. Major and minor repairs shall be for the account of the LESSOR.
7. Taxes and assessments shall be for the account of the LESSOR.

IN WITNESS WHEREOF, I have hereunto set my hand and seal this 20 th

February, 2014 day of at Surigao City, Philippines.

Pedro de la Cruz
LESSOR

MARIO DE LA PAZ
LESSEE

SUBSCRIBED AND SWORN to before me this 20th day of February

2016 at Surigao City affiants exhibiting to me their Drivers License No.
12345678 and 12345415 issued on December 8, 2014 and January 20,
2015 at Surigao City.

ATTY. ALVIN REYES

Second Assistant Provincial
Prosecutor

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