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AGREEMENT OF LEASE
KNOW ALL MEN BY THESE PRESENTS:

This Agreement of Lease (“Agreement”) entered into this

________________ 2019 in Digos City, Davao del Sur, by and between the
Parties:

REX AMAR D. ALEGADO, of legal age, mar-

ried to Ladisley P. Alegado, Filipino, of legal age
and with address at Teacher’s Village, Mabini Ex-
tension, Digos City, Davao del Sur, hereinafter re-
ferred to as “LESSOR”;

-and-

RUBIE CAROLE C. ALEGADO, Filipino, of le-

gal age, single/married, with given address at
Mabini Ext., Digos City, Davao del Sur, here-
inafter referred to as “LESSEE”.

WITNESSETH:

WHEREAS, Lessee has approached Lessor with the intention of enter-

ing into this Agreement;

WHEREAS, the Lessor has agreed to lease the premises under the terms
and conditions specified below;

Now, Therefore, the Parties agree as follows:

LEASED PREMISES

Lessor hereby leases unto Lessee a house and lot located at DECA
HOMES Subdivision situated at Cabantian, Buhangin, Davao City, which
housing unit is particularly described as Lot No. 32, Block No. 9, and which
subject of lease is hereinafter collectively referred to as the “Leased
Premises”.

I
TERM

This Agreement shall commence on the date of execution hereof and

shall continue on a month-to-month basis, and can be terminated anytime by
any of the parties upon thirty (30) days’ notice to the other.
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II
PAYMENT OF RENT

For the lease, use and occupancy of the Leased Premises, Lessee shall
pay Lessor a monthly rental of TWO THOUSAND PESOS (P2,000.00),
payable in advance monthly without need of prior demand, EVERY
TENTH (10TH) DAY of each month.

III
UTILITIES

Lessee shall pay, as they become due, all electric, water, garbage col-
lection and all other utility bills assessed on the Leased Premises for the
term of the Agreement. Lessee may be required to furnish Lessor proof of
payment of such utility bills monthly, without need of demand on or before
the third week of the succeeding month. Any liability incurred by Lessor for
delayed or non-payment of such taxes shall be borne by Lessee.

Lessor shall have no obligation to provide utilities or equipment other

than the utilities and equipment already within the Leased Premises at the
commencement of the lease.

IV
USE AND RETENTION OF LEASED PREMISES

a. Lessee shall use the Leased Premises for himself. Other entities
may use the premises only upon written notice and prior written approval by
Lessor. No sub-lease of the Leased Premises shall be allowed by the Lessee.

b. Lessor shall not have any obligation to pay for or reimburse the cost
of any improvements, notwithstanding any early termination of the lease.

c. Lessee agrees and acknowledges that no trade, business or occupa-

tion shall be conducted in the Leased Premises or use made thereof which
will be unlawful, improper, noisy or offensive, or contrary to this Agreement
or any law, rule or regulation, order, decree or local ordinance.

d. The Leased Premises shall not be used for the manufacture of ex -

plosives or storage of highly flammable materials and equipment.

e. Lessee shall not carry any stock of goods or do anything in or about

said premises which will in any way tend to increase the safety and fire haz-
ards on said Leased Premises or the insurance rates thereon.

f. Lessee shall initiate and maintain reasonable efforts to keep the

Leased Premises clean and decent.
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V
INDEMNITY

Lessor shall be defended and held harmless by Lessee from any liabil-
ity for damages to any person or property in or upon Leased Premises, in-
cluding the person and property of Lessee, and its employees and all persons
in the Leased Premises at its or their invitation or consent. It is understood
and agreed that all property kept, stored or maintained in the Leased
Premises shall be so kept, stored or maintained at the risk of Lessee only.
Lessee shall not suffer or give cause for the filing of any lien against herein
Leased Premises. In the event of any claim or action by any person against
Lessor pertaining to the use or occupancy of the Leased Premises, including
claims or actions for damage to the environment, Lessee shall compensate
for whatever amount is paid by Lessor pursuant to such action or claim.

VI
PRE-TERMINATION AND SURRENDER OF LEASED PREMISES

Lessee shall, upon the expiration or termination of the term of this

Agreement, peaceably yield to Lessor all and singularly the Leased Premises
in such condition or repair as the same are in at the commencement of said
term, only reasonable wear and use thereof excepted.

Either party can terminate the lease at any time, by giving the other
party thirty (30) days written notice to terminate the agreement, Provided
that the Lessee shall still be liable for the payment of the utility bills incurred
during the time that the Lessee has not made full turnover of the Leased
Premises back to the Lessor.

Lessor may enter forthwith upon any part of the Leased Premises and
resume possession without being liable in trespass or for any damages. The
Lessee expressly consents that Lessor may resort to extrajudicial means of
eviction, including the prior waiver by the Lessee herein of written notice or
judicial action prior to eviction for cause. Such cause may consist of non-
payment of rent for one (1) month or failure to comply with this Agreement.
In such event, Lessor shall not be liable for damages caused to any and all
movables and other properties belonging to the Lessee that are left inside the
Leased Premises during the time of eviction for cause. In case there are
items belonging to the Lessee that are left inside the Leased Premises upon
eviction or termination of the lease, the Lessor shall not be responsible for
any such items and may opt to sell or otherwise dispose of such items with-
out accountability to the Lessee.

VII
NON-ASSIGNABILITY

Lessee shall not transfer or assign this Agreement to any party without
the prior written approval of Lessor. In the absence of such prior written ap-
proval, such transfer or assignment shall be void.
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VIII
SECURITY OF LEASED PREMISES

Lessee shall not allow any party to squat, construct upon or enter the
Leased premises with intent to possess the same, without prior written notice
from the Lessor.

IX
RIGHT OF INSPECTION

Lessee shall allow Lessor or any of their authorized representatives

access the Leased Premises during business hours for any lawful purpose
which the latter may deem necessary and in order to ensure proper obser-
vance of the terms and conditions of this Agreement.

X
NON-WAIVER AND SEPARATION CLAUSE

The failure of Lessor to insist or enforce a strict performance of any or

all of the terms or conditions and covenants hereof and other related instru-
ments shall not be deemed or in any way construed as a relinquishment or
waiver of any right or remedy that it has or may have, and shall not affect
the validity or enforceability thereof or its right to subsequently enforce or
demand performance of such terms and conditions, nor shall it be construed
as a waiver of any subsequent breach or default of the terms or conditions
herein contained, which shall be deemed to be in full force and effect. No
waiver by Lessor shall be deemed to have been made unless expressed in
writing and duly signed. In the event that any part of this Agreement shall be
deemed void by the courts, the rest of the provisions shall remain valid and
enforceable.

XI
DISPUTE SETTLEMENT

Any dispute regarding the interpretation, application or implementa-

tion of any term or condition or provision of this Agreement shall, as far as
practicable, be settled amicably. Should the parties fail to reach a settlement
and either party decides to file an action for the protection of its interest or
for the redress of grievances, the venue of such action shall be within the
proper courts of Digos City, Davao del Sur only. Furthermore, should the
Lessor be constrained to seek the services of counsel for the purpose of en-
forcing payment of rentals and other monetary obligations of Lessee, the
Lessee shall be obliged to pay for the Lessor’s attorney’s fees incurred in the
equivalent sum of 25% of the total fees and costs incurred, but which
amount shall not be less than P50,000.00.

I N W I T N E S S W H E R E O F , the Parties have hereunto set their hands at

the place and date first written hereof.
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REX AMAR D. ALEGADO RUBIE CAROLE C.

ALEGADO
LESSOR LESSEE

Signed in the Presence of:

_________________________ __________________________________

ACKNOWLEDGMENT

REPUBLIC OF THE PHILIPPINES)

Digos City, Davao del Sur ) S.S.

BEFORE ME, a Notary Public for and in Davao del Sur, personally
appeared the following:
NAME Competent Evidence of Identity

1. REX AMAR D. ALEGADO

2. RUBIE CAROLE C. ALEGADO

all personally known to me and to me known to be the same persons who

executed the foregoing instrument, who presented to me their competent evi-
dence of identity bearing their photograph and signature, and who acknowl-
edged to me that the same is their free and voluntary act and deed.

WITNESS MY HAND AND NOTARIAL SEAL on this ____th day

of ___________ 2019 at Digos City, Davao del Sur, Philippines.

Doc. No. ________;

Page No. ________;
Book No. _______;
Series of 2019.