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This Addendum to the Original Lease Contract is made and entered into by and between:
-and-
WITNESSETH:
WHEREAS, the LESSOR and the LESSEE have previously executed a Contract of Lease
dated April 2, 2019 with a lease period of five (5) years, commencing on April 1, 2019 until its
expiration on March 31, 2024.
WHEREAS, the LESSOR and the LESSEE desire to make certain modifications to the
Lease as herein stated:
NOW, THEREFORE, for and in consideration of the mutual covenants and premises
herein contained, and another good and valuable consideration, the receipt and adequacy of
which is hereby acknowledged, the parties hereto agree as follows:
1. LESSOR and LESSEE both acknowledge and agree that the lease is currently in effect
and that neither party is in breach or default of the lease;
3. Paragraph 12.1 of the specific terms and conditions of the said Contract of Lease
entitled CLOSURE, NON-OPERATION OF BUSINESS, ABANDONMENT provides that
“LESSEE shall not at any time leave the leased premises vacant, but shall in good faith
continuously throughout the term of this lease conduct and carry on in the leased
premises the type of business for which the area is leased, and shall keep the leased
premises open to the public for business during normal business days (including
Sundays and Holidays) and hours….
4. Adding and modifying paragraph 12.1 therein, the LESSOR hereby grants the LESSEE
exclusive exemption from holding office on Sundays and Holidays, as the nature of
their business requires, that it only be opened on Mondays to Saturdays, and from 9:00
o’ clock in the morning until 7:00 o’ clock in the evening.
5. This Addendum takes effect as of the date of the original contract of lease executed
on April 2, 2019, with a validity lease period of five (5) years, from April 1, 2019 until
March 31, 2024 or upon its termination.
6. The parties hereby agree that wherever there is a conflict between this Addendum and
the Original Lease, the provisions of this addendum will control and the original lease
will be construed accordingly.
IN WITNESS WHEREOF, the PARTIES have hereunto affixed their signatures on the date
above written.
_____________________________ ____________________________
ACKNOWLEDGMENT
BEFORE ME, a Notary Public in and for the City of Cebu this ___________________
personally appeared the following:
Name Evidence of Identity Date/Place Issued
I hereby certify that this instrument consists of three (3) pages including the page this
acknowledgment is written, signed by the executing parties and their instrumental
witnesses in all pages and sealed with my notarial seal on the date and place above
written.
Doc. No._____;
Page No._____;
Book NO._____;
Series of 2019.