Storage Rental Terms
Agreement is required as follows:
- RENT: Payable in advance for the demised premises. Rent is due on the first day of each month or on the first day of the aforesaid Lease Term within this AGREEMENT. LESSOR may adjust the monthly rent with NINETY (90) day written notice to the LESSEE.
- LATE CHARGES: A late charge of $10.00 will be added to any rental payment that is more than FIVE (5) business days past due. Late fees may be charged for each month for which the payment is delinquent. Failure to pay monthly or annual rental payment on or before the due date shall be deemed a default by the LESSEE under the terms of the agreement.
- A charge of THIRTY DOLLARS ($30.00) will be made in the event of any returned (NSF) check.
- The Agreement shall renew automatically and continue in full force and effect from month to month upon the payment of aforesaid rental amount and is subject to termination by either party. Notice of termination of the Agreement by either party must be received at least FIVE (5) business days prior to lease end. Any such written notice is untimely, as evidenced by such postmark, in such event the AGREEMENT shall terminate on the last day of the next month for which such notice would be timely. LESSOR shall have no obligation to provide any prorated rent refunds in the event the premises are vacated by LESSEE prior to the end of the any month for which the rental payment has been paid. The rental AGREEMENT shall automatically terminate in the event of LESSEE’s default in payment or performance hereunder, subject only to prompt complete cure of any such default.
- In the event LESSEE fails to pay rent when due, and the failure is not cured within thirty (90) days, LESSOR may elect to pursue one or more of the following legal remedies:
- Claim for money damages or unpaid monthly rental and additional fees.
- Judicial action in unlawful detainer for a Writ of restitution.
- Foreclosure of personal property pursuant of Minn. Stat. #514.970-979 and #336.7-210
Except to extent limited by law, LESSOR may simultaneously pursue any of the above-referenced remedies. Upon LESSOR’s commencement of legal proceedings against LESSEE arising from a default, any cure tendered by LESSEE shall include all monthly rental arrearages and other charges accrued, and reimbursement of all expenses reasonably incurred by LESSOR in the enforcement of the legal remedies identified above.
- All personal property stored on the premises by LESSEE shall be at the LESSEE’S sole risk. LESSOR and LESSOR’S agents and employees shall not be liable to LESSEE for any damage to, or loss of, any personal property while at the premises arising from any cause whatsoever including, but not limited to, burglary, fire, water damage, mysterious disappearance, rodents, acts of God, or the active or passive acts of omission or negligence of LESSOR or LESSOR’S agents, LESSEE expressly waives and releases LESSOR from any such claims. LESSOR and LESSOR’S agents and employees shall not be liable to LESSEE for injury or death as a result of LESSEE’S use of the storage space or premises, even if such injury is caused by the active or passive acts, omissions or negligence of LESSOR, LESSOR’S agents, or employees. LESSEE will indemnify, hold harmless, and defend LESSOR and LESSOR’S agents and employees from all claims, demands, actions or causes of action (including attorney’ fees and all costs) that are brought by other arising out of LESSEE’S use of the premises.
- LESSOR has made a diligent effort to secure said premises from theft or damage to the stored property but it shall be the responsibility of the LESSEE to insure, at the expense of the LESSEE, the property stored on the premises against said losses.
- LESSOR agrees to make a diligent effort to provide and maintain continuous access to the property stored on the premises and/or the equivalent space required to store the property described within this agreement provided that the terms of the AGREEMENT continue to be met by the LESSEE. This effort specifically includes all property maintenance activities such as snow removal and property repair or improvements reasonably required to facilitate such access. The LESSEE agrees to provide the LESSOR at least 24 hours’ notice of intent to access the property if weather or other conditions have limited access to the property stored on the premises.
- LESSEE shall in no event store any materials on the premises classified as explosive, hazardous or toxic under any local, state or federal law or regulation. LESSEE will keep said premises free from any rubbish, obstacles, and nuisances. LESSEE shall not use the premises for any unlawful purpose, conduct any type of business from, or live in said storage space. LESSEE will be held responsible for any expense of clean up caused during and after the termination of this agreement. LESSEE shall not be entitled to assign this contract of sublease any potion of said storage space.
- LESSOR will have the right, in the event of an emergency, for maintenance purposes, or for inspections by governmental authorities, to enter the premise using whatever reasonable force necessary.
- The rental agreement shall be governed by, and construed in accordance with, the laws of the State of Minnesota. All parties to the Agreement warrant and represent that they have the power and authority to enter into the Agreement in the names, titles and capacities herein stated.