CONTRACT OF LEASE

Republic of the PHILIPPINES )

Q u e z o n C i t y . . . . . . . . ) S.S.

KNOW ALL MEN Y THESE PRESENTS:

This Deed is made and executed at the Quezon City, Metro Manila, Philippines by and between :

CAMILO N. VILLANOS of legal age, Filipino, married with residence at 72 E

Maginhawa St., UP Village, Diliman, Quezon City as Atty. In Fact of Lily N.
Villanos, likewise of legal age, Filipina, widow, herein referred to as the
LESSOR;

- and -

CZELLE C. ROSELLE, of legal age, single, and resident of No. 5 Laura St.,
Mandaluyong City, herein referred to as the LESSEE.

WITNESSETH

That in consideration of mutual covenants and stipulations by and between the parties herein, Lessor hereby
leases unto the Lessee the premises described as Apartment A located at No. 72 A, Maginhawa St., UP Village, Diliman,
Quezon City under the following terms and conditions:

1. Term – That this contract shall be for a period of three (3) years commencing on _____________, 20 ___
unless the term shall sooner expire as herein provided for in this contract;

2. Rental – That the monthly rental shall be Php ________________________________ (Php _________)
payable at the first (1st) day of each and every month and thereafter covering the period of this contract;

3. Required Deposit – Upon signing of this contract, the Lessee shall deposit to the Lessor a non-interest
bearing cash amount equivalent to two (2) months rental as faithful compliance of the Lessee to the
terms and conditions of this deed and to answer for any damages and other monetary obligation/s of the
Lessee under this contract.
The said deposit shall likewise be returned to the Lessee thirty (30) days after the expiration of this
contract and after the leased premises shall have been completely vacated and surrendered to the Lessor
minus whatever amount that the Lessee owes the Lessor and unpaid billings of any and all public and
private utilities subscribed in by the Lessee.
The Lessor shall deduct from the said cash deposit the cost of cleaning, repair for damages, repainting,
etc. Of the vacated premises unless the Lessee shall undertake the same at his own responsibility and
expense. It is further agreed that said cash DEPOSIT cannot in any case be substituted as rental;

4. Use of Premises – It is expressly agreed that the premises shall be used by the Lessee for legal
commercial purpose/s. In which case, the Lessee shall exclusively undertake to secure at his/her expense
appropriate government permits and licenses as well as public and private utilities.
Sub-leasing the leased premises or any part thereof to a third party is not allowed and a ground for
immediate termination of this contract. Strictly, the contract is non-transferable;
No flammable or explosive materials and the like shall be kept or stored into the premises. The Lessee
shall only use electric or LPG appliances and under no circumstances use firewood and coal. The Lessee
shall provide to maintain at least one fire extinguisher in the leased premises;
It is further agreed that the Lessee shall be responsible for all acts and omissions of all members of his
family and household and all persons allowed by him to enter the leased premises;
The Lessee agrees to comply with any and all laws, regulations, and decrees, national and local
ordinances arising from or regarding the use, occupation, sanitation and cleanliness of the leased
premises.
Lessee, further agrees NEVER PERMIT unlawful and immoral activities within the premises which will
disturb the reputation of the Lessor as well as the peace and order of the neighbourhood;

5. Utilities – Upon written or oral consent of the Lessor, Installation and maintenance costs of any and all
public and private utilities subscribed in by the Lessee shall be for the Lessee’s exclusive expense and
responsibilities. The Lessee shall provide the Lessor copies of paid utility bills and receipts on a monthly
basis;

6. Improvements – The Lessee agrees not to start or proceed any repair work nor in any case introduce any
improvements nor make any alteration in the leased premises without any written consent and approval
from the Lessor. And in any case, parties hereby agree that upon expiration of this contract, all
improvements erected and introduced thereon by the Lessee on the leased premises shall belong and
become exclusive property of the Lessor without any right of reimbursement for the cost or value
thereof;

7. Repairs - it is agreed that to keep the leased premises in good habitable condition, all or any damages
which may be caused upon the building to the fault, negligence or misuse by the Lessee, members of his
family and household, as well as natural damages made not apparent to both parties, shall be repaired by
the Lessee at his exclusive expense and responsibilities;
 8. Inspection – Upon proper notification to the Lessee, the Lessor or his duly authorized representative shall
have the right to inspect the leased premises in the presence of the Lessee or his authorized
representative, at mutually convenient time to all parties;

9. Non-Liability Clause – The Lessor shall neither be liable for any loss or damages on the properties caused
by fire, natural calamities, theft or otherwise from the leased premises nor for an injury to persons
resulting from electrical shock, water or rain damage which may come from any part of the leased
premises or from pipes, plumbing, gas or any utility connections thereof or from by any cause beyond the
Lessor’s control and the Lessee covenants and agrees to make no claim for any such loss or damage to
the Lessor;

10. Early Termination – It is hereby agreed that the Lessor, at his option can terminate this contract prior to
the date of its expiration in cases wherein the Lessee fails to comply with the terms and conditions
stipulated herein and to such other written agreements made by both parties which are not enumerated
in this contract. In such case, improvements erected and introduced by the Lessee including the cash
deposit shall be forfeited in favour of the Lessor ;

11. Expiration – Upon expiration of the period or term of this contract or upon early termination thereof, the
Lessee shall peacefully surrender the leased premises unto the Lessor as in good conditions as it was
when it was occupied during the coverage of this contract. Reasonable wear and tear excepted;

12. Penal Provision – That in the event tat the Lessee fails to pay the agreed amount of rent as when they
become due as stipulated herein and/or fails to comply with and otherwise violates any of the terms and
conditions of this agreement, the Lessor, at his option, may consider this contract automatically
cancelled. In which case, the Lessor or his duly authorized representative may enter and reposes and
enjoy the premises as it did before leasing the same to the Lessee without prejudice to recover legal
damages he may suffer and incur as a consequence of such default of the Lessee.
Should the Lessor be compelled to litigate to enforce all or any part of this agreement, the Lessee hereby
agrees to pay the Lessor, by way of liquidated damages the additional twenty-five (25%) percent of the
total amount due plus attorney’s fees and cost of suit.

IN WITNESS WHEREOF, the PARTIES have hereunto set their signatures at Quezon City, Philippines this ______
day of ___________________, 20_____.

LESSOR BY: LESSEE

CAMILO N. VILLANOS __________________

Administrator/Atty.-in-Fact of
Lily N. Villanos

Signed in the presence of:

_______________________ ________________________

ACKNOWLEDGMENT

Republic of the Philippines )

C i t y of Q u e z o n . . . . . ) S.S.

BEFORE ME, notary public for and in the City of Quezon, Philippines, personally appeared this ____day of
___________, 201__ the following:

Camilo N. Villanos Res. Cert _____________________ ___________________

______________ Res. Cert. _____________________ ___________________

Known to me and to me known to be the same persons who executed the foregoing instrument and they acknowledged
to me that the same is their free act and deed for the uses and purposes herein set forth. This instrument consist of two
(2) pages including this page has signed by the parties and their witnesses on each and every page hereof.

IN WITNESS WHEREOF, I, notary public for _________________ have hereunto set my hand and seal on the
date and place first above mentioned.

NOTARY PUBLIC
Until December 31, 20__

Doc. No. _____;

Page No. _____;

Book No. _____;

Series of 20___.