CONTRACT OF LEASE

KNOW ALL MEN BY THESE PRESENTS:

Cristeta C. Aya-ay of legal age, presently residing at 1055 Lualhati Street, Tondo Manila
and hereinafter referred to as the LESSOR.

-and-

MRS. AIDA CRUZ of legal age, single/married, and resident of 1054 Lualhati Street,
Tondo Manila and hereafter referred to as the LESSEE.

W I T H N E S S E T H:

That the LESSOR is the absolute owner of the 1 unit of the residential containing 3
Bedrooms with painted cabinets, 2 toilet and bathroom and is now being rented by the LESSEE.

That the term of this lease is for RENTAL commencing on JANUARY 12, 2016 and
shall be terminated on JULY 12, 2016 Renewal of this lease shall be made yearly at the option of
the LESSOR.

That I, Mr./Ms. MRS. AIDA CRUZ, LESSEE for and in consideration of this lease, do
hereby bind and obligate myself to pay unto the said AMOUNT at the latters residence
stipulated rentals.

Whereas, LESSOR agrees to provide LESSEE an acknowledged copy of this LEASE

contract; to issue receipts showing the LESSEES name and address to occupy and/or rent the
above mentioned premises; to pay rent promptly and in advance to the LESSOR; to ensure that
the premises are use only as residence and to take special care of the premises.

NOW, THEREFORE, for and in consideration of the foregoing agreements or mutual

covenants as well as the terms and condition her and after set forth and for other good and
valuable considerations, the parties hereto, hereby agree as follows:

IN WITNESS WHEREOF, the parties have hereunto set their hands on this
Day of ___________________________ in ____________________________.
Metro Manila, Philippines.
 MR. AND MRS. JOY INOCENCIO CRISTETA C. AYA-AY
LESSEE LESSOR

SIGNED IN THE PRESENCE OF:

___________________________ _____________________________

MUTAL AGREEMENT OF PARTIES

======================

In view of the urgency of herein LESSEE to transfer to this

property known as 1054 Lualhati Street, Tondo Manila and due to
financial constraints of the herein LESSOR, the latter agrees add
hereby agreed that the expenses for the necessary repairs to all
the external and internal damages of the structure/house, the re-
piping of water installations and other repairs necessary and
important in order that the house is considered habitable will be
shouldered by the LESSEE and that the total amount spent by the
LESSEE shall be deducted from the monthly rental of P9,000.00
within the duration of this contract (6 months) until the said total
amount is returned or considered paid back to the herein LESSEE.
A separate Memorandum of Agreement is hereby signed and
executed by the parties stating the terms of payment.

MRS. AIDA CRUZ CRISTETA C.

AYA-AY
(Lessee) (Lessor)