Cresco Storage

Rental Agreement

547-4760

 

1.        This rental agreement is between ______________________________________, Occupant, and Cresco Storage, hereinafter called respectively “Owner” and “Occupant”.

2.        CHANGE OF TERMS: All terms of this agreement, charges and conditions of occupancy are subject to change upon thirty (30) days prior written notice to Occupant.

3.        RENT: Owner agrees to rent Occupant storage unit number ____, beginning on the ____ day of  ____________, 20___. The rent for the above unit will be payable in advance. Owner reserved the right to terminate this Rental Agreement upon giving thirty (30) days written Notice by mail to Occupant, said Notice to be deemed sent when mails to Occupant’s last known mailing address. Rent for the above unit is the circled price as follows: $___________ paid monthly or $______________paid annually.

4.        PAYMENT: Rent is due and payable the first day of each month if rented by the month, or on the first day of each year if paid annually. Rent paid after the 10th day of the due date shall be considered delinquent and subject to a late charge of $5.00. A charge of $15.00 will be made in the event of any returned (NSF) check. Failure to pay the rent due to the end of the 15th day following the due date shall place the Occupant in default for non-payment of rent, and the provisions as set forth under default shall apply.

5.        TERM: The minimum rental period is one month. There is no refund of rent for partial months. It is the Occupant’s responsibility to vacate the unit on that last day of the calendar month for which rent is paid, to avoid being charged for an additional month.

6.        DEPOSIT: Occupant agrees to deposit with the Owner the sum of $25.00 as a deposit. The deposit is held as security against property damage, default of Rental agreement, and in particular vacating the unit without first giving ten days written notice. The unit must be left broom clean. The deposit will be refunded by check to the Occupant after the unit has been inspected by the Owner.

7.        DEFAULT: That, in addition to such liens and remedies provided by law to secure and collect rent, Owner is hereby given a lien upon all of Occupant’s property, now or at any time hereafter stored in said unit, and in case of default in payment of said rent by Occupant, Occupant agrees and understand that he will be responsible for all attorney’s fees and costs incurred by Owner should legal action be necessary for Owner to collect the said rents. Occupant agrees that Owner shall have the right to place Owner’s lock on Occupat’s door after the 15th day following the due date and until such time as payment of rent has been made. This is a $10.00 lock charge. If the agreed rent has not been paid by the 30th day after the due date, the Owner shall have the right to inspect the unit for evidence of abandonment. Should Owner determine that the Occupant has not abandoned the unit, Owner shall have the right to place his lock on the Occupant’s unit and proceed to sell Occupant’s stored goods as provided under Section 578A-5 “Iowa Self’ Service Storage Facility Lien Act” of the code of Iowa as passed by the Iowa legislature in S.F. 163, effective July 1, 1984.

8.        USE AND ENTRANCE: The Occupant agrees that the leased unit is to be used exclusively for the storage of property. However, the storage or use of flammable, explosive, or other dangerous or noxious substances is expressly prohibited. The space shall be used for no unlawful purposed, and no property shall be stored on the premises unless Occupant legally has the right to have possession of said property. The Occupant further agrees not to sub-rent the rented unit, or permit the use or occupancy of the rented unit for any other purpose by any other person of firm. Occupant agrees that Owner or Owner’s Representatives shall have the right without Notice to enter into and upon the space for purposes of examining the same for Rental Agreement violations or conditions thereof, or making repairs or alterations thereto. Owner shall have the right to move occupant’s goods to another unit in case of emergency or default.

9.        OCCUPANT WILL TAKE DUE CARE: Occupant agrees to surrender the rented space to Owner at the end of this agreement in a clean and reasonable condition. Occupant will keep said premises free from any rubbish, obstacles and nuisances. No alterations of Owner’s property or fixtures will be made by Occupant. No holes shall be drilled in the walls or floors. When vehicles are stored, any oil or other fluid spills must be removed from floors. Occupant will keep unit locked at all times, but use of more than one lock on a unit is prohibited.

10.     PROPERTY RIGHTS OF OWNER: Occupant agrees to reimburse Owner for damage caused by negligence of fault of Occupant.

11.     OWNER SHALL NOT BE LIABLE: Owner shall not be liable for losses or damages from theft, pest, rodents, fire, water, rain, storm, explosion, or other causes whatsoever. It is expressly agreed that Owner is under no duty to maintain any record of the contents Occupants stores, as Owner is not in the business of storing goods for hire, but merely is an Owner leasing storage space. Owner recommends that Occupant obtain his own insurance to protect against the hazards Owner is not liable for under this agreement. Insurance on property stored in the rented unit for loss cause by fire, water, theft, acts of god, or otherwise shall be obtained at occupant’s expense if Occupant so desires such insurance, and Owner shall not be responsible for any losses.

12.     OWNER’S RIGHTS: Any delay or failure by owner to strictly and promptly enforce the terms and conditions of this rental agreement shall not operate as Waiver by Owner of any of its rights, remedies, and privileges provided by law or by this rental agreement.

13.     ENTIRE AGREEMENT CLAUSE: This agreement constitutes the only agreement of the parties hereto, and supersedes any prior understandings or written or oral agreements between the parties respecting the within subject matter. No amendment or alteration of the terms hereof shall be binding unless the same be in writing and dated subsequent to the date hereof and duly executed by the parties.

THIS CONTRACT EXECUTED THIS THE _________________DAY OF _____________________________ OF 20________.

 

 

_____________________________________                                      ____________________________________________

OWNER                                                                                                 OCCUPANT

 

_____________________________________                                      ____________________________________________

UNIT NO.               AMOUNT PAID                                                     ADDRESS

MAKE CHECKS PAYABLE TO:

CRESCO STORAGE                                                                                 ____________________________________________

PO BOX 302                                                                                                                                                           PHONE

CRESCO, IA 52136