14.TERMINATION BY LESSOR. Should the LESSEE fail to pay on the stipulated time
or in the event of any violation of the terms and conditions stipulated in this
Lease Contract, the LESSOR shall have the unilateral right to terminate this Lease
Contract and enforce such right through either judicial or extrajudicial ejectment.
If the LESSOR opts for extrajudicial ejectment, the LESSOR or the LESSOR’S duly
authorized representative may immediately take actual, physical, complete, and
full repossession of the leased premises ,even without the consent of the LESSEE.
15.FORFEITURE CLAUSES. The LESSEE is bound to respect the term of this Lease
Contract .Should the LESSOR decide to reside elsewhere or abandon the leased
premises before the expiration of the lease term, the LESSEE shall forfeit as
liquidated damages in favor of the LESSOR the deposit required under Clause
2a.The LESSEE shall also be liable to pay the LESSOR all the remaining utility bills
and pending maintenance costs provided under Clause 4 before any clearance
and release from this Lease Contract may be granted by the LESSOR.
18.OTHER PROVISION. This Lease Contract will be governed by, construed, and
enforced in accordance with the laws of the Philippines. Any amendment or
modification thereto must be in writing and signed by the parties hereto. No
waiver by a party to any provision of this Contract shall be binding unless made
expressly and in writing. If one or more provisions of this Contact shall be held
invalid, illegal, or unenforceable, the remaining provisions shall remain in, and
shall be given, full force and effect.
(Notarial Aknowledgment)