LETS STORE IT RENTAL AGREEMENT
49 Turkey Lane
Pagosa Springs, Co. 81147
970-731-0007
letsstoreit81147@gmail.com
pagosaspringsstorage.com

    This RENTAL AGREEMENT made and entered into by and between Let's Store It (hereinafter referred to as “Landlord”) and of

    TENANT INFORMATION

    WITNESSETH

    In consideration of the obligation of Tenant to pay rent as herein provided and in consideration of the other terms, covenants and conditions hereof. Landlord hereby rents to Tenant, and Tenant hereby takes from Landlord square feet of warehouse space on the Property known as Let's Store It, such space being more particularly described as Space No. and being hereinafter referred to as “Premises" beginning the Tenant shall pay rent for Premises in the sum of $ (monthly). The Landlord acknowledges the sum of $ as first months rent and the sum of $25.00 as a security deposit plus an additional $25.00 refundable cleanup deposit. This Rental Agreement shall be a lease but shall be a month to month lease that automatically renews. A bill will not be sent to you. A 10 day written notice must be given upon moving out. If it is not given another month rental will be due and you also forfeit your security deposit. In the event of default, any unused prepaid rent and/or security deposit shall constitute liquidated damages. This Rental Agreement is made and entered into upon the condition and covenants as follows:

    Rental Payment:

    Tenant shall pay rent, in advance for each period due on the date as noted above and quietly deliver up said Premises on the day of the expiration of this lease in as good condition as the same were in when received, reasonable wear and tear thereof accepted.

    Usage:

    The Premises may be used and occupied only for the purpose of storing property and for no other purpose or purposes without prior written consent of the Landlord. Tenant shall not, without the Landlord’s prior written consent, keep anything within the Premises or use the Premises for any purpose which increases insurance premium costs, or invalidates any insurance policy carried on the Premises or on other parts of the building in which the Premises is located (the “building”); or for any illegal purpose or in any manner which violates Federal, State or local regulations or ordinances. All property kept, stored or maintained with the Premises by Tenant’s sole risk.

    Insurance and Indemnity:

    Any personal property stored within the storage unit shall be Tenant's sole risk. Owner carries no insurance which in anyway covers any loss whatsoever that the Tenant may have or claim by renting storage unit . Tenant is responsible to obtain their own insurance. Landlord shall not be liable to Tenant or any other person on the Premises for any loss or damage to Tenant, it’s employees, agents or guests to the personal property of Tenant or such other person, caused by any acts of negligence whatsoever or due to any building on the Premises of its appurtenances, being improperly constructed or being or becoming our repair, and Tenant hereby agrees to indemnify Landlord and hold it harmless from any loss, expense and claims arising out of such damage or injury, nor shall Landlord be liable to Tenant for any loss or damage that may be occasioned by or through the act or omission of other Tenants of the demised Premises or of any other person whatsoever. Tenant further agrees to indemnify and hold. Landlord harmless from and against any damage caused by any act or omission by Tenant, its employees or agents or caused by Tenant’s use of the Premises.

    Default:

    On failure to pay the rent in advance as aforesaid or to comply with any of the foregoing obligations or in violation of any of the covenant herein, the Landlord may declare this lease forfeited at Landlord’s discretion by giving written notices of such forfeiture to address of the Tenant and Landlord or Landlord’s agent or attorney shall have the power to enter and hold, occupy and repossess the entire Premises. Failure by Landlord to enforce one or more of the remedies herein provided for upon in the event of other violation or breach of any of the terms, provisions and covenants herein contained. In the event it is necessary to take legal action for any breach in this contract the Tenant shall be responsible for the Court costs and reasonable attorney’s fees for Landlord’s attorney. The Landlord shall have the right to place a lock after the FIFTH(5th) DAY of the rental period. The overlock placed by the Landlord shall be removed only during office hours of the self-storage facility. Tenant agrees to pay a $25.00 Late Fee after 5 days the payment is due.

    Renewal:

    Landlord reserves the right not to extends or renew this Agreement for any cause whatsoever, and Tenant agrees to vacate upon any default by Tenant or any notice of termination of the self-storage facility.

    Compliance with the Law:

    Tenant shall not store in the Premises any items which shall be in violation of any order or requirement composed by the Board of Health or by the .Sanitary, Sheriff or Police Departments or any other governmental agency, or do any act of cause to be done any act which creates a nuisance in or upon, or connected with said Premises because of Tenant’s use during said term.

    Landlords Lien:

    In addition to the statutory Landlord’s lien but not in lieu thereof, Landlord shall have at all times a valid, contractual lien for all rentals or other sums of money becoming due hereunder from Tenant upon all items situated in the Premises and upon default by Tenant, Landlord may enter upon demised Premises and take and sell the same without notice of public or private sale, at which Landlord or its assignees may purchase.

    Notices:

    Default notice shall given first in writing to the address on the contract. If the notice is undeliverable Landlord has the option to notify the tenant by e-mail, or by a phone message.

    Cancellation by Landlord

    Landlord may cancel this lease Agreement for any cause whatsoever, and Tenant agrees to vacate upon notice of termination from Landlord.

    Holding Over:

    Tenant agrees to give written notice of intent to terminate or vacate (10) days prior to the end of the last month of tenancy, and Tenant agrees that failure to give such written notice will allow Landlord to claim and recover any damages and charges to which Landlord may be entitled. If tenant remains to be in possession of the Premises after the termination of this lease, Landlord shall at its option, upon notifying Tenant of such intention, have the right to charge Tenant as liquidated damages for the time such possession is held a sum equal to twice the amount of the rental rate for the Premises for such period.

    Cleaning Premises:

    Upon vacating the Premises, Tenant agrees to clean the Premises thoroughly or to pay Landlord for the cleaning necessary to restore the Premises to its, condition when Tenant’s possession commenced, natural wear and tear excepted regardless of whether the security deposit has forfeited..

    No Estate in Land Assignment:

    This Rental Agreement shall in no event be construed as a conveyance by Landlord of an estate in land and Tenant shall have no right to assign this Agreement or sublet the Premises
    IN WITNESS WHEREOF, the parties hereto have executed this Agreement this

    Land Lord and Tenant Signature: