CONTRACT OF LEASE

KNOW ALL MEN BY THESE PRESENTS:

This contract of lease is executed by and between:

I, AERISH LIM, of legal age, Filipino and a resident of 6 Seagull, Barangay San Miguel,
Taguig City, Metro Manila, Philippines, herein after referred to as the LESSOR,

-and-

IRISH JUDIEL B. LAURIO, of legal age, Filipino and a resident of, Taguig City, Metro
Manila, Philippines, herein after referred to as the LESSEE,

WITNESSETH

Whereas the LESSOR is the owner of the house made of concrete and wood with
galvanized iron roofing, situated at 6 Seagull, Barangay San Miguel,Taguig City, Metro
Manila.

Whereas the LESSOR and LESSEE have agreed that the latter will lease the said house of
the LESSOR under the following terms and conditions:

1. That the leased premises will be used for residential purposes only;
2. That the period of lease shall be for five (5) year effective March 10 , 2020 until March
10, 2025 and may be renewed thereafter upon the mutual consent of the both parties.
3. That the monthly rental is Six Thousand Pesos (P6,000.00), payable every 26th day of
each month with one month deposit.
4. That the expenses for the light, water and other miscellaneous expenses shall be the
account of the LESSEE.
5. That in the case the LESSEE decides to terminate the contract; she will notify the
LESSOR two (2) months in advance and the same with the LESSOR.
6. That the damage to the property which occurred during the tenure of the LESSEE shall
be charged to the LESSEE deductible from the one (1) month deposit.
7. That the one (1) month deposit of Six Thousand Pesos (P6,000) should not be
used/apply
to monthly rental

SIGNED IN THE PRESENCE OF:

AERISH LIM IRISH JUDIEL B. LAURIO

LESSOR LESSEE