CONTRACT OF LEASE

The AGREEMENT OF LEASE is made and executed by and between:

Estrella D. Bentir, of legal age, married and residing at #9 J. Bracken St. Project 4, Quezon City, herein after
referred at the LESSOR;

AND

Marsha Wabe Vallar of legal age, single and residing at 136 C JP Rizal Street Project 4 Quezon City herein after
referred to as the LESSEE.

WITNESSETH

That the LESSOR hereby leases unto the LESSE, and latter hereby accepts the lease from the former, the
premises (UNIT C from right) situated at the back of #9 J. Bracken under the following terms and conditions:

 The tenure of this lease of contract shall be one year commencing on May 1, 2017 and is renewable
every year as both parties so desire.
 The monthly rental shall be SEVENTEEN THOUSAND FIVE HUNDRED PESOS (P 17,500.00)
Philippine currency payable in advance within the first fifteen days of each and every month without
necessity to express demand therefore and without delay on any ground whatsoever.
 In the consideration of the LEASE OF CONTRACT, the LESSEE hereby covenants with the LESSOR
the following:
i. Php 17,500.00 as one month advance payment
ii. Php 33,000.00 as two months deposit in payment of rental arrears and utility bills that the
LESSE may owe in favor of the LESSOR
 The monthly rental rate stipulated herein shall not increase nor decrease during the term of this contract
be a reason of inflation or deflation of the Philippine currency.
 The LESSEE hereby expressly agrees and warrants that the leased premises shall be used by hum
exclusively for residential purposes; and the said LESSEE is hereby strictly prohibited from using the
said premises for any other purposes, business, or otherwise without prior written consent of the
LESSOR.
 The LESSEE shall not directly or indirectly sublease, assign, transfer, convey, mortgage in anyway
encumber his right of lease over the leased premises or a portion thereof under circumstances
whatsoever; any contract made in violation of this clause shall be null and void. It is expressly
understood and agreed by the parties that the personal character of the LESSEE as herein below
represented and the nature of the occupancy of the leased premises above restricted, constitute and are
the special consideration and inducement for the granting of the lease by the LESSOR; consequently
any violation, direct or indirect of any stimulation hereof shall automatically and equivocally terminate
this contract of lease from the time such violation occurs.
 The LESSEE hereby expressly acknowledges that the leased premises are in good and tenantable
condition and agrees to keep the same in such good and tenantable condition. Any provision of law,
present or future, or any stipulation in this agreement contrary notwithstanding, the LESSEE hereby
agrees and binds himself to undertake at his exclusive expense, all repairs, necessary or otherwise, such
as maybe required to maintain the same in good state of repair. It is expressly agreed and understood,
however, that the LESSEE shall not start nor proceed with any repair work nor in any case introduce
improvements or make any alterations of whatever nature such as maybe made thereon shall, upon
completion thereof, from integral part of the leased premised and shall not be removed therefore but
shall belong to and become the exclusive property of the LESSOR; without any right on the part of the
LESSEE to the reimbursement of the cost or value thereof.
 The LESSEE hereby surrenders or yields up peacefully and quietly, to the LESSOR the premises with
all the fixtures other than the LESSEE’S fixture at the termination of this lease in the same condition
that they were received..
 The LESSEE shall not paint, make alterations or change in the electrical or plumbing installation
within the leased premises, without prior written consent of the LESSOR.
  The LESSEE shall not claim any lost or damage on account of necessary work that the LESSOR may
order to be done in the building and which in any way may interrupt his use of the premise leased.
 The LESSEE shall comply with all laws, ordinances, regulations or orders of national or local
government authorities arising from or regarding the use, occupation and sanitation of the leased
premises. Failure to comply with the said law, ordinances, regulation or orders shall be at the exclusive
risk and expenses of the said LESSEE.
 The LESSEE shall not bring into or store in the leased premises any flammable or explosive goods or
materials nor any article which may expose the leased premises to fire or increase the fire hazard of the
building or in article which the LESSOR may prohibit; the LESSOR shall not do or cause to be done
any act or thing which likewise increase the fire hazard or fire insurance of the building.
 The LESSEE expressly agrees to strictly abide by all the regulation, which may be given by the
LESSOR from time to time for the building of the tenants in general.
 The LESSOR or its duly authorized representatives shall have the right, during the term of the lease, to
inspect at any reasonable hour of the day, or to enter, the leased premises upon prior notice for the
purpose of inspecting same, or for the purpose of inspecting the compliance of the LESSEE with the
terms and conditions hereof, and for the purpose of constructing, maintaining, and repairing the
premises pursuant to the terms hereof or as the LESSOR may deem necessary.
 The LESSEE shall not put up or paint or inscribe any signboard or neither of the outside of the leased
premises nor in any portion of the property of the LESSOR, without the previous written consent of the
letter.
 The LESSEE shall be responsible at all times for all the acts of the member of his/her family and
household and any other persons entering the leased premises through the LESSEE’s
permission/negligence, in so far as the enforcement of the provision of this contract concerned. Any
damages or injury to the leased premises due to the fault of the LESSEE, his/her family and his/her
helpers or any other persons who may have gained access to the leased premises due to the LESSEE’s
permission/negligence, shall be repaired promptly by the LESSEE.
 The LESSEE shall not be liable for the presence of bugs, worms, ants, or insects, if any, on the leased
premises. The LESSOR shall not be liable for the failure of water supply and or the electric current.
 If the premises were not surrendered at the end of the term, the LESSEE shall suffer for the reason
thereof. The LESSEE will indemnify the LESSOR against any claims made by succeeding tenant
against the LESSOR in delivering the premises to succeeding tenant in so far as such delay is caused by
failure of the LESSEE to surrender premises.
 The failure of the LESSOR to insist upon the strict performance of any of the terms, conditions and
conveyance hereof shall not be deemed a relinquishment or waiver or be deemed to have been made
unless expressed writing and signed by LESSOR.
 The lease agreement supersedes and renders void any and all agreement and understanding,
oral/written, previously entered between the parties covering the property herein leased, and this
agreement may not here after be modified or altered except by instruments in writing duly signed by
both parties hereto.

IN WITNESS WHEREOF, these presents are signed at Quezon City, Philippines on this day of May 1, 2017.

_____________________________________ ___________________________________
LESSOR’s Printed Name and Signature LESSEE’s Printed Name and Signature
 ACKNOWLEDGEMENT

Before me personally appeared,

Estrella D. Bentir CC12012 07698778 Project 4, Brgy. VMC QC

______________________ ____________________________ _______________________

This instrument consisting of three (3) pages, including the page on which this acknowledgement is written
has been signed on the left margin of each and every page by the parties. Known to me to be the same person who
executed the foregoing instruments and they acknowledge to that the same is their free act and deed.

__________________________________
Notary Public

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