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IX LEASE
Form No. 5--Extension of Lease
(Extension of Lease)
AGREEMENT
(Extension of Lease)
This AGREEMENT is entered into
by and between:
_____________, of
legal age, Filipino, (single / married /
widow), and a resident of
_____________, Philippines, (hereinafter referred to as the "LESSOR");
- and -
_____________, of
legal age, Filipino, (single / married /
widow), and a resident of
_____________, Philippines, (hereinafter referred to as the "LESSEE");
WITNESSETH:
WHEREAS, LESSOR and LESSEE
were parties and signatories to a Contract of Lease executed on
_____________ whereby the
__Leased Property__ belonging
to the LESSOR was leased by the LESSEE for
_____________ (_____) years,
up to and including _____________.
WHEREAS,
LESSOR and LESSEE have mutually agreed to extend the term of the
said lease contract for _____________
(_______) year(s),
from _____________ to
_____________.
NOW, THEREFORE, by mutual
agreement, both parties have agreed to extend the term of the said
Contact of Lease for another _____________
(_______) year(s),
from _____________ to
_____________, under the same
applicable terms, consideration, and conditions of the original
Contract of Lease, a copy of which is hereto attached and made an
integral part of this Agreement.
IN WITNESS WHEREOF, we have hereunto set
our hands, this _____________
at _____________,
Philippines.
LESSOR
LESSEE
SIGNED IN THE PRESENCE OF:
__________________ __________________
(ACKNOWLEDGMENT)
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