CONTRACT OF LEASE

KNOW ALL MEN BY THESE PRESENTS:

This Agreement is made and entered into by and between:

SHIRLEY F. WISCO, Filipino, of legal age, and with residence and postal
address at No. 3 Gen. Concepcion Street, Caloocan City, hereinafter referred to
as the “LESSOR.”

-and-

______________________, Filipino, of legal age, with current address at

Unit _____, No. 24-B Matipuno Street, Barangay Pinyahan, Quezon City, with
provincial address at _______________________, hereinafter referred to as the
“LESSEE.”

RECITALS:

Whereas, the LESSOR is the owner of a parcel of land and all improvements
thereon (i.e. a 5-door apartment structure with commercial and covered parking
spaces, etc.) situated at No. 24-B Matipuno Street, Barangay Pinyahan, Quezon
City, with an area of 643.7 square meters, more or less;

Whereas, the LESSEE will lessee and occupy Unit _____ of the
aforementioned 5-door apartment structure, located at Matipuno Street, with a total
estimated floor area of at least _________square meters, hereinafter referred to
as the “Leased Premises”;

Now therefore, for and in consideration of the rentals and of the mutual
covenants and stipulations hereinafter set forth, the parties hereto have agreed
and do hereby agree as follows:

1. Leased Premises: The LESSOR shall convey unto the LESSEE by way of
lease the subject Leased Premises described above in the recital on an “as
is, where is” basis.

2. Term of Lease: The lease shall be for a period of ONE (1) year
commencing on _______________ and ends on ___________________.

3. Hold-over Provision: If, after the expiration of this lease, LESSEE remains
in possession of the premises, LESSEE shall be a LESSEE from month to
month. As a month to month LESSEE, rent shall be in the amount set by
LESSOR in the manner permitted by law and LESSEE shall be subject to
all provision of this lease which may be applicable and consistent with a
month to month tenancy. The increase of the monthly rental shall be at least
10% of the amount of rent indicated in the expired lease contract. This
clause shall also be applicable for the purposes of renewing this lease
contract.

4. Rental: The LESSEE shall pay the LESSOR monthly net rental for the
Leased Premises amounting to PESOS:
___________________________________, exclusive of VAT and net of
any other tax that may be imposed or collected thereon.

The payment of the aforesaid rental by the LESSEE shall be made via post-
dated checks dated and due every _______day of the month.

On or before the signing of this Agreement, the LESSEE shall issue

the first TWELVE (12) post-dated checks. All checks shall not be
crossed.

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 Upon failure to remit the stipulated rental within the above-prescribed
period, or upon dishonor or stop payment of any post-dated checks issued
for conveyance purposes, any unpaid amount shall bear DAILY interest and
penalty of HALF PERCENT (0.5%) compounded monthly to be computed
from the date rentals are due pursuant to the terms hereof until the same is
paid in full by the LESSEE. The above is without prejudice to the right of the
LESSOR to terminate the lease due to such default or delinquency, after
giving the LESSEE ten (10) days prior written notice.

5. Deposits: The LESSEE shall remit to the LESSOR a SECURITY DEPOSIT

equivalent to TWO (3) months rental which comprises 2 months security
deposit and 1 month advance, or a total of __________________________
by ________________________ (effectivity date of the contract).

The deposit shall not bear interest. The deposit shall be returned to the
LESSEE less any deductible amount at the expiration of the lease within
NINETY (90) days after the LESSEE has completely and satisfactorily
vacated the Leased Premises in accordance with the terms of this
Agreement. The deposit shall answer for any unpaid and overdue
obligations of the LESSEE under this lease at the expiration thereof,
but shall not be offset against any amount due from the LESSEE
during the term of the lease. The deposit shall also serve as collateral
security for whatever liquidated damages in case the LESSEE
breached or violated this Agreement.

In case of pre-termination by the LESSEE for whatever reason, this Security

Deposit shall be forfeited in favor of the LESSOR as compensation for her
sudden loss of rental income; and no portion thereof shall be applied to any
rental due or other amounts owed by the LESSEE to the LESSOR.

The said deposit shall also act as the UTILITY AND REPAIR DEPOSIT for
the payment of all unpaid utilities (i.e. Meralco, Maynilad, PLDT, etc.) of the
LESSEE at the expiration of this Agreement, as well as for all repairs,
cleanliness and maintenance requirements that the LESSEE refused or
failed to undertake during the term of this Agreement. Unless otherwise
stated, the UTILITY AND REPAIR DEPOSIT shall be governed by the same
stipulations as the above SECURITY DEPOSIT.

6. Purposes: The LESSEE hereby expressly agrees and warrants that the
Leased Premises shall be used exclusively for the following:

1. The up and down apartment unit, for residential purpose only

including its provisions for parking and recreation area;

2. OCCUPANCY: Only LESSEE and the following individuals may

occupy the premises. Only _________ adults and
__________children shall be allowed. Occupancy by guests
staying over 30 days will be considered in violation of this
provision, unless otherwise consented to by the landlord.

NAME RELATIONSHIP

_________________________ __________________________

_________________________ __________________________

_________________________ __________________________

_________________________ __________________________

_____________________ ______________________

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 Moreover, the LESSEE shall not use the Leased Premises for industrial or
other purposes not appropriate for the neighborhood and vicinity around it
nor authorized by local government units. Even if the circumstances
warrant, the LESSEE shall not divert or convert the Leased Premises to
other uses without prior written consent of the LESSOR. It is expressly
agreed that if at any time during the term of the lease and without the prior
written consent of the LESSOR, the said premises are used for other
purposes, or LESSEE contravenes the last preceding paragraph hereof, the
LESSOR shall have the right to (a) terminate the lease by reason of such
breach of contract; or (b) increase the rental rate; and/or (c) compel the
LESSEE to stop the new activities being done therein, in addition to
other remedies available to the LESSOR.

7. Tenantable Condition: The LESSEE hereby declares and acknowledges

that the Leased Premises were conveyed and delivered to him/her in good,
clean, tenantable, sanitary, safe, environmentally and structurally sound
condition, and that he/she agrees to always keep and maintain the same in
such condition until he vacates the premises. Thus, the costs and expenses
of any and all repairs, cleanliness and maintenance requirements on the
Leased Premises shall be entirely borne by and for the sole and exclusive
account of the LESSEE.

It is expressly agreed that the LESSEE shall not start or proceed with any
major repair and/or renovation work nor in any case make alterations or
changes in the electric or plumbing installations, nor introduce any
improvements in the existing structures without the prior written approval of
the LESSOR. Should there be a need for government permits, the LESSEE
shall secure all the necessary permits on his sole account, copies of which
shall be furnished to the LESSOR.

All improvements introduced by the LESSEE without the prior written

consent of the LESSOR shall, at the option of the LESSOR, be forfeited in
favor of the LESSOR or be ordered removed or caused to be removed by
the LESSOR at the sole expense of the LESSEE.

Upon the signing of this Agreement, the LESSEE shall allow the LESSOR
to inspect the entire Leased Premises so that the parties can take note of
the existing condition and status of the present improvements on LESSOR’s
property.

Any and all repairs, maintenance and renovation works, alterations and
changes, and any and all improvements on the Leased Premises shall not
be charged against the LESSOR. At the expiration of this Agreement, they
shall all inure to the benefit of the LESSOR, without any obligation on her
part to reimburse the LESSEE, or to reduce the rentals or deposit due.

8. Sublease and Assignment: The LESSEE shall NOT or PROHIBITED

from subleasing in any manner the Leased Premises, or any portion thereof,
nor assign and transfer his rights to this Agreement to any third person
(natural or juridical). Any such sublease or assignment shall be void and a
violation of this Agreement.

9. Third Party Liability: The LESSEE shall hold and render the LESSOR free
and clear from any liability or obligation to himself or to any and all third
persons, including any and all his family or household members,
employees, agents, guests, customers, clients, contractors, government
regulators (e.g. BIR, DOLE, DTI, City Hall, etc.), and other lessees of the
LESSOR, in connection with his use, possession and occupation of the
Leased Premises, and in any and all his transactions, businesses and
activities pertaining thereto. The LESSEE shall also assume full
responsibility for any and all injuries or damages caused to his own person
or property, or that of his family, household, employees, agents, guests,

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 customers, clients, contractors, government regulators, and other lessees
of the LESSOR, in relation his lease, occupation and use of the subject
premises.

The LESSOR shall not be liable or responsible for any loss of life or injury
or loss of property suffered by the LESSEE and/or any and all third persons
above-enumerated resulting from whatever fault or negligence, fraud, theft,
robbery, or any other crimes committed inside or within the vicinity of the
Leased Premises, nor from the refusal or failure of the LESSEE to make
any and all necessary and incidental repairs, cleanliness and maintenance
requirements on the Leased Premises.

For this purpose, the LESSEE shall keep and maintain adequate and
appropriate security, health and safety measures inside and within the
vicinity of the Leased Premises, and procure sufficient comprehensive
liability and property insurance coverage from reputable insurers.

10. Taxes: All taxes and other public assessments imposed upon the Leased
Premises, both land & building, shall be for the account of the LESSOR, but
should the LESSEE make alterations and/or improvements, the LESSEE
shall be responsible for those due on any such alterations or improvements.
The LESSEE shall also bear such new or additional taxes and assessments
in case of any change in the stipulated purpose or use of the Leased
Premises. The LESSEE shall exclusively shoulder and pay for the VAT
on rental.

11. Property Insurance: For the entire duration of this Agreement, the
LESSEE shall procure and maintain, at his own expense, a comprehensive
insurance coverage from a reputable insurer that shall protect the Leased
Premises against fire, lightning, earthquake and/or all other acts of nature,
and assign the same to the LESSOR. The LESSEE is encouraged to
procure and maintain additional property insurance coverage to protect his
own insurable interests. Furthermore, the LESSEE is obliged to provide fire
extinguisher as provided by the Fire Code of the Philippines.

12. Damage by Fire or other Casualty: If the Premises are damaged by fire
or other casualty but can be restored to tenantable condition, LESSOR shall
repair the Premises with reasonable dispatch. The LESSEE’s obligation to
pay rent shall be suspended during the time that the Premises remain
untenantable. There will be no suspension of Rent if Tenant can occupy the
apartment without substantial inconvenience. If the Premises cannot be
restored to the tenantable condition within a reasonable time, either party
shall have the right to terminate this lease by written notice to the other
party. However, if such fire and other casualties were caused by the
LESSEE, he/she shall cause the repair and restoration of the property to its
former condition prior to the casualty. Moreover, there will be no suspension
of Rent even if the property remains untenantable.

13. No Right of First Refusal: LESSEE shall have no right of first refusal, or
redemption or preemption in the event the LESSOR decides to sell, donate,
convey, transfer, mortgage or encumber the Leased Premises in any
manner. LESSEE shall also have no right of first refusal in the event the
LESSOR decides to lease out the Leased Premises to third persons upon
the expiration of this Agreement.

14. Penalty and Liquidated Damages: The LESSEE, at the expiration of the
lease or pre-termination thereof, as herein provided, shall promptly deliver
the Leased Premises to the LESSOR in as good and tenantable condition
in all respect as the same now are, devoid of all other occupants, including
all furniture, articles and effects of any kind, PROVIDED, HOWEVER, that
non-compliance on the part of the LESSEE with the terms of this clause will
give the LESSOR the right, at her option, to refuse to accept the delivery of

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 the said premises and to compel the LESSEE to pay monthly rent at the
same rate of rental as herein provided, plus 100% thereof as penalty and
liquidated damages every month, until the LESSEE shall have complied
with the terms hereof. This same penalty and liquidated damages shall
likewise be imposed upon the LESSEE in case he shall refuse to leave the
premises (under the terms of this clause) after this Agreement has expired
or is terminated or pre-terminated for any reason.

15. Penalty for late payment: The LESSOR shall have the right to impose an
additional 0.5% per day of the amount of rent as penalty for late payment
until the rent has been fully paid. Late payment shall mean the LESSEE
failed to render payment on or before the period indicated in this contract.

16. Special Power of Attorney: The LESSEE hereby irrevocably appoints,

nominates and constitutes the LESSOR as his attorney-in-fact authorized
to enter, and if necessary, to break open, padlock and takeover possession
of the Leased Premises for purposes of inspection and/or enforcement of
any and all terms and conditions of this Agreement; PROVIDED that,
advance written notice is given to the LESSEE.

17. Acceleration Clause: If LESSEE breaches this lease or vacates the

premises prior to expiration, LESSOR may accelerate the term of this lease
and declare all rents for the remaining terms to be immediately due and
payable. Either party may have a Court determine the actual amount owed,
if any.

18. Termination and Pre-Termination: The LESSOR may immediately

terminate this Agreement if after FIVE DAYS (5) from written notice of
violation, the LESSEE still fails or refuses to completely or satisfactorily
address or remedy any delay, default, breach, non-payment of two month’s
rent, non-compliance, abandonment or violation of this Agreement. The
aforementioned notice is non-extendible. The LESSEE is deemed in default
or in a state of abandonment of the Leased Premises when he/she refused
or failed to pay any rental for two months in the manner described above
for any reason whatsoever.

However, if the violation of the LESSEE pertains to the conduct of illegal or

immoral businesses, transactions or activities within the vicinity of the
Leased Premises, LESSOR has the option not to give the LESSEE any
chance to be able to continue the lease even if the LESSEE ceased and
desisted from carrying on his immoral or illegal activity, transaction or
business.

After the lapse of the non-extendible 5-day period provided in this

agreement, and after the LESSOR’s intention to no longer continue the
lease is made apparent in a Notice of Termination sent to the LESSEE, this
Agreement is automatically cancelled or terminated except the provision on
Paragraph 14 of this agreement without any need of prior judicial action or
a court order.

In order to effect the unilateral and automatic cancellation or termination of

this Agreement, the LESSEE hereby gives the LESSOR or her
representatives and agents the irrevocable right to enter, takeover or
padlock the Leased Premises FIVE (5) days after the LESSEE’s receipt of
the Notice of Termination.

In case the LESSOR exercises her right to terminate or cancel this

Agreement pursuant to the above paragraphs, the LESSEE’s Security
Deposit shall be forfeited in favor of the LESSOR, and the LESSEE shall
remain liable to pay for any unpaid rentals, utilities and repairs on the
Leased Premises.

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 The LESSEE may pre-terminate this Agreement for any reason upon
THIRTY DAYS (30) advance written notice to the LESSOR subject to the
applicable penalties and forfeitures under this Agreement.

The delivery of written notices under this Agreement is deemed complied,

completed and received upon proof of email and commercial courier service
to the following addresses:

LESSOR: Email address: pol.sangalang@paladinslaw.org

Given address: Unit 1004, The One Executive Office,
No. 5 West Avenue, Barangay Nayong
kanluran, Quezon City.

LESSEE: Email address:

Given address: No. 24- B Matipuno Street
Barangay Pinyahan
Quezon City.

19. Legal Action: The venue for any and all legal actions concerning this
Agreement shall exclusively pertain to the proper courts of Quezon City.
The aggrieved party in any litigation shall be entitled to full reimbursement
from the erring party any and all incidental and necessary costs and
expenses of the suit, litigation, execution and publication, including all court
fees and all professional fees of lawyers.

20. Non-Waiver: No waiver of rights under this Agreement shall be presumed

even if the party possessing such rights has failed or delayed in invoking or
enforcing them. Any and all waivers must be in writing, signed and specified
by the party making such waiver.

21. Warranty: The LESSOR hereby warrants that the Leased Premises is free
from any and all liens or encumbrance of whatsoever nature (except for
those annotated on the Certificate of Title), and that she has full right to
lease the same to LESSEE.

The LESSEE warrants that his business is legal and moral and with updated
business and other permits required for the conduct and continued
operation at the Leased Premises. LESSEE further warrants and
undertakes that the Leased Premises is and will not be used for immoral
act or for the conduct of any illegal business or transaction.

The LESSEE also warrants that he shall not bring or store in the Leased
Premises the following: contraband of any kind, subversive materials, illegal
or dangerous drugs, hazardous goods or articles, illegal firearms or
explosive, large quantities of highly flammable or combustible materials,
and the like.

In the event the LESSEE violates any of the foregoing warranties, this
Agreement shall automatically be considered terminated subject to
penalties, damages and forfeitures prescribed herein.

22. Succession: This Agreement shall be binding upon the heirs, executors,
administrators, and successors of the parties hereto.

IN WITNESS WHEREOF, the parties have affixed their respective signatures

on______________ 2017 at Quezon City, Philippines.

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 _______________________ _______________________
SHIRLEY F. WISCO
Lessor Lessee

Witnesses:

_______________________ _______________________

REPUBLIC OF THE PHILIPPINES)

) S.S.

ACKNOWLEDGMENT

BEFORE ME, on this day, personally appeared:

Name Valid Government Issued Identifications

1.Shirley F. Wisco Voter’s ID No. 7501-0130B-F1158SFW20000-6

2.

to me known and known to me to be the same person/s who signed and executed
the foregoing Lease Agreement pertaining to Leased Premises situated at No. 24-
B Matipuno Street, Barangay Pinyahan, Quezon City, and acknowledged to me
that the same is executed as their free and voluntary acts and deeds for the uses
and purposes therein set forth.

I further certify that said Agreement consists of 7 pages including this one
and signed by the above-named parties and their witnesses on each and every
page thereof.

IN WITNESS WHEREOF, I have hereunto fixed my signature and Notarial

Seal.

Doc. No.
Page No.
Book No.
Series of 2016.