1. CONTRACT OF LEASE
KNOW ALL BY THESE PRESENT:
This CONTRACT OF LEASE made and entered in the City Hall of Imus City, Province
of Cavite,Philippines by and between.
REY Q. CABILLA JR., , of legal age, Filipino and resident of
___________________________ hereinafter called the “LEASOR”.
-and-
___________________ of legal age, Filipino and resident
at______________________, Phillipines.
hereinafter called the “LESSEE”.
W I T N E S S E T H: That
WHEREAS, the LESSOR is the proprietor and developer of the Commercial Building
known as AIDE PARAMETERS CONSTRUCTION BUILDING situated at B8 L17 P4A
Commercial Area,Hamilton Homes, Bukandala 3,Imus City, Cavite.
WHEREAS, the LESSEE is desirous of renting _____ and ___ thereof;
NOW , THEREFORE, for and in consideration of the foregoing premises and of
payment of rent,
LESSOR hereby lets unto LESSEE who hereby hires and take from LESSOR and
acknowledges receipt of the premises in good and clean, and tenantable condition
under the covenants set forth herein below which the LESSEE accepts, to wit:
TERMS AND CONDITION:
1. LEASED PREMISES. It shall be understood that the subject of this Lease shall
be limited solely to the use of space inside the unit or shall mentioned aboved.
The LESSOR reserves the rights to use, alter, let the sublet all the other areas
outside of the unit subject of this lease, including all common areas.
2. PERIOD OF LEASE. The period of this Lease shall be for One (1) year starting
on __________ and ending on _________ .
3. AUTOMATIC RENEWAL. The LESSEE shall give the LEASOR thirty (30) days
written notice if he wishes not to renew this Lease. This contract shall be deemed
renewed on its anniversary date under the same terms and condition upon
continued occupation by the LESSEE and the absent of notice of termination by
either party thereof.
4. LESSEE’S RIGHT TO CANCEL. The LESSEE obliges herself to occupy the
leased premises for the entire year under the Lease and annually for all renewal
periods thereafter. Either party shall pay a penalty fee equivalent to one (1)
month rent if she chooses to cancel or break this lease at any time during it’s
initial period or renewal periods thereafter
5. RENT. The LEASEE shall pay to the LEASOR or its duly authorized
representatives a monthly rent in the sum of Six thousand five hundred pesos
only (Php 6,500.00), Philippine currency.
6. MANNER OF PAYMENT. The rent stipulated herein shall become due and
payable every first day of ensuring month without necessity of demand.

2. 7. GRACE PERIOD. Any payment received after the fifth of the month shall be
considered late from the first of the month and shall be subject to interest and
penalties.
8. PAYMENT INCENTITIVES. The LESSOR hereby gives the following incentives
to the LESSEE.
Prepayment of one (1) month……………………4% discount
Prepayment of three (3) weeks…………………..3% discount
Prepayment of two (2) weeks……………………..2%discount
Prepayment of one (1) weeks…………………….1% discount
The LESSOR reserves the right to cancel or revise the above incentives upon
giving notice to the LESSEE thirty (30) days before the effectivity of such
changes or cancellation.
9. ANNUAL INCREASE. The rent stipulated herein shall be subject to annual
increases of Ten percent (10%).
10. SECURITY AND ADVANCE RENT DEPOSITS. The LESSEE shall, upon
signing of this Contract of Lease pay an amount equivalent to three (3) months
rent as security and advance rent deposit. This non-interest bearing shall serve
as guaranty for liquidated damages, arrearages and cost of repairs chargeable to
the LESSEE and may not be applied as rent during the occupancy of the leased
premises. This deposit shall also be subject to additional increases of TEN
PERCENT (10%) each year to maintain the required amount of deposit.
11.RENEWAL OPTION. The LESSOR reserves the right to renew or cancel this
Lease upon its termination. Renewal requests need not be made by the LESSEE
if all rent payment are current and if LESSOR has not given notice of termination
to the LESSEE thirty (30) days before its termination.
12.USE OF LEASED PREMISES. The LESSEE shall not engage in any illegal or
criminal activity within the Leased Premises and not shall use it as a residence.
No hanging of clothes and laundry works allowed.
13.CARE OF LEASED PREMISES. The LESSEE shall, at his/her own expense
maintain The Leased Premises in a clean and sanitized condition , free from
dangerous materials, noxious fumes and odors, disturbing noises and other
nuisances. The LESSEE undertakes not to damages or deface the Leased
Premises.
14.ALTERATION,ADDITIONS,IMPROVEMENTS,ETC. The LESSEE may not
introduce additions to and/or install improvements upon the Leased Premises
without the prior consent of the LESSOR, which consent shall not be
unreasonably withheld. Such additions to and/ or improvements upon the Leased
Premises shall be exclusively at the expense and for the account of the LESSEE.
Upon the expiration of this leased, all such additions and improvements upon the
Leased Premises, which are permanent in nature, such as nailed, welded,
cemented, fit-out works for window frames, glass partition with framings or
otherwise fixed in structure shall remain upon and be surrendered with Leased
Premises, as part thereof without right of reimbursement for the cost thereof to
the LESSEE.
15.LESSEE’S LIABILITIES FOR LOSSES,DAMAGES,ETC. The LESSOR shall not
be held liable for loss and/or damages to goods and property and/or injuries to
persons above, upon or about to Leased Premises for any cause, except those
provided for by the law and jurisprudence Torts and Damages, and those arising
out of the LESSOR’S harmless from any and all responsibilities on account of
any such loss and/or damages to goods and property and/or injuries to the third
parties.

3. 16.LESSEE’S ADHERENCE TO RULES AND PROCEDURES. The LESSEE
hereby agrees to adhere to any and all rules, guidelines and procedures to be
imposed or implemented by the LESSOR in the conduct of its activities within the
leased premises and the whole complex in general.
17.LESSOR’S RESPONSIBILITIES. The LESSOR shall be responsible for the
integrity and serviceability of the structure, subject of this lease but whose
upkeep and maintenance shall be for the account of the LESSEE. The LESSOR
shall not be liable nor responsible for the following among other thing.
a. The presence of bug, vermin, ants, mosquitoes or any pest in the Leased
Premises,
b. The failure of water supply and/or electric current which failure is beyond the
control without the fault of the LESSOR;
c. Any injury, loss or damage caused by fires, earthquakes, radiation, lightings,
or typhoons, thefts, as well as other causes not attributable to the negligence
or beyond the control of the LESSOR.
18.ADDITIONAL SERVICE FACILITIES. The installation of additional electric,
water, telephone and cable facilities in the Leased Premises shall be for the
account of the LESSEE within the Leased Premises shall be for its own account.
19.TERMINATION OF LEASE. The LESSEE agrees to return and surrender the
Leased Premises at the expiration of this leased in as good condition as
originally found at the beginning of the lease except for reasonable wear and tear
arising from normal use, and without any delay whatsoever, devoid of all
occupant’s furniture, articles, and effects of any kind. The cost of clearing,
hauling and cleaning to bring back the leased premises to rentable condition if
advance by the LESSOR shall be reimbursed by the lessee plus 10% as
management fee and supervisory fee.
20.NON-TRANSFERABILITY OF RIGHTS. The LESSEE may not transfer his /her
rights under this Contract nor sublet all or any portion of the Leased Premises
without written consent from the LESSOR. Nothing in this Agreement shall
preclude the LESSOR. Nothing in this Agreement shall preclude the LESSOR’S
right to sell, mortgage or otherwise encumber the property subject of this
Agreement.
21.OVERDUE ACCOUNTS. A combined interest and penalty of FIVE PERCENT
(5%) per month or fraction thereof compounded on a monthly basis shall be
charged on all overdue accounts. In addition, a sum equal to 25% of the total
overdue account including accrued interest and penalty shall be charged by the
LESSOR to the LESSEE, to cover up attorney’s fees and cost of collection. The
parties expressly submit themselves to the jurisdiction of the court of Imus,
Cavite for any legal action arising out of this transaction.
22.LESSOR’S RIGHT OF POSSESION. This Lease shall be deemed terminated/
rescinded upon non-payment of THREE (3) months rent by the LESSEE or any
breach of terms incurred by the LESSEE. The LESSEE hereby gives permission
to the LESSOR to padlock the Leased Premises and if necessary to confiscate
any or all of the contents thereof as payment for any overdue account. In case it
shall become necessary for the LESSOR to seek legal action for the
enforcement of this Agreement or of the repossession of the property in case of
termination of this aggrement due to any reason mentioned aboved, the LESSEE
shall be liable to pay all the cost of suits, attorney’s fees and other incidental
expenses.
23. NOTICES. All notices shall be deemed to the duly given if delivered personally
with the receipt thereof duly acknowledged by the other party or his
representatives or sent by registered mail.

4. IN WITNESS WHEREOF, the parties herein caused this agreement to be signed and
executed on this_____________day of_____________________________
REY Q. CABILLA JR.
Leasor Lessee
Signed in the Presence of
______________________ ______________________
REPUBLIC OF THE PHILIPPINES)
PROVINCE OF CAVITE ) S.S
IMUS CITY )
BEFORE ME, a Notary Public for and in the Province of Cavite, Philippines
Personally appeared Rey Q. Cabilla Jr. with SSS no.33-1998965-7
Issued at Quezon City and with SSS no. _____________Issued at
__________________________ both known to me and to me known the same person
who executed the foregoing instrument and acknowledgement to me that the same is
their own free and voluntary act and deed.
The foregoing CONTRACT OF LEASE consisting of four (4) pages, including this
page on which the Acknowledgement is written, has been signed by the parties to this
instrument together with their respective witness on the space provided on this page
and on the left side hand margin of pages 1,2 and 3, and sealed with my notarial seal.
IN WITNESS WHEREOF, I have hereunto set my hand this____________day of
____________________at Imus City, Cavite, Phillippines’
NOTARY PUBLIC
Doc. No.___________ ;
Page No.__________;
Book No.__________;
Series of 2015