Rental Agreement

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Self Storage Rental Agreement

This self-storage rental agreement (hereinafter “Agreement”), is between Clear Lake Storage, of Jackson County Michigan, hereinafter referred to as “Lessor”, and the renter.

Rent Payment

Such rent shall be paid to the Lessor on or before the first day of each month in advance and in lawful currency at such place as the Lessor may from time to time designate in writing. The first month’s rent due shall be paid in advance upon execution of this Agreement.

If any monthly payment of rent or any other amount due is more than ten days late, the renter shall pay an additional late charge of twenty dollars ($20.00). If a check is returned for “non-sufficient funds,” the renter shall pay an additional fee of twenty-five dollars ($25.00) per occurrence.

Indemnification and Insurance

The renter agrees to indemnify and hold harmless the Lessor from any loss, cost, damage, or expense, including attorney fees, arising from any accident or occurrence due to the use or occupation of the unit by the renter.

The renter shall maintain insurance for the contents of the unit and personal property. The renter waives all claims of recovery against the Lessor and its agents for any loss or liability resulting from the negligence of the Lessor.

Security Agreement

The renter grants the Lessor a security interest in all stored goods. This security interest secures all debts arising from this Agreement.

Default

If rent is twenty (20) days past due, the Lessor has the right to take possession of the stored property. If rent remains unpaid for sixty (60) days, the Lessor may sell the collateral to recover outstanding debt and related expenses.

Notice of Sale

NOTICE: If payments are not made, the renter’s property may be sold at public sale. Notification will be sent via first-class and certified mail to the last known address.

Use of Unit

The unit shall be used only for lawful purposes. The renter shall not store prohibited items, including explosives, perishables, flammables, hazardous chemicals, or dangerous materials. Animals and pets are not allowed on the premises.

The renter shall not conduct mechanical repair, hobby work, or use the unit as a sleeping area or residence.

Snow Removal

During winter months, the Lessor will make reasonable efforts to keep the premises plowed of snow.

Assignment or Subleasing

The renter may not assign this Agreement or sublease the unit without prior written consent from the Lessor.

Holding Over

If the renter continues occupying the unit after the lease term, the tenancy converts to month-to-month at 152% of the current rent.

Redelivery of Possession

Upon termination, the renter shall return the unit in its original condition, except for normal wear and tear. The Lessor may charge for cleaning or repairs.

Lessor’s Right of Access

The Lessor may inspect the unit with reasonable notice or enter without notice in case of emergency. Thirty (30) days before lease expiration, the Lessor may show the unit to prospective renters.

Governing Law

This Agreement shall be governed by the laws of the state of Michigan.

Complete Agreement

This Agreement represents the entire agreement between the Lessor and the renter. No modifications shall be valid unless made in writing and signed by both parties.

No Refund of Rent

Rents paid in advance shall not be refunded, and the last month’s rent shall not be prorated or refunded.