Business Law and Regulations 2 Philippines

Please help me understand article 1939. A thorough explanation in tagalog or taglish would be better. It'll also help if there are explanations for every sentences below. Thank you very much

Commodatum is purely personal in character. Consequently: (1) The death of either the bailor or the bailee extinguishes the contract; (2) The bailee can neither lend nor lease the object of the contract to a third person. However, the members of the bailee's household may make use of the thing loaned, unless there is a stipulation to the contrary, or unless the nature of the thing forbids such use.

Commodatum is purely personal in character (personal contract). Thus, death of either party terminates the contract, unless by stipulation, the commodatum is transmitted to the heirs of either or both parties. Generally, the bailee can neither lend nor lease the object of the contract to a third person. But the use of the thing loaned (TV set) may extend to members of the bailee's household (not considered 3rd persons) except in two (2) cases: (1) there is a stipulation to the contrary; and (2) the nature of the thing (dress) forbids such use. Article 1939 constitutes an exception to the general rule that all rights acquired by virtue of an obligation are transmissible.