Actually, once the partition is healed and the leader hears about a higher term it will step down, but another election will simply elect one of the three nodes on the majority side of the partition. The leader shouldn't simply ignore a higher term.
However, in most implementations these days, a pre-vote protocol is used. That would ensure that the nodes on the smaller side of the partition never even transition to candidate and increment the term since they can't win an election, and the leader would never hear of a higher term and have to step down.