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Lease Agreement
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THIS
LEASE (the "Lease") dated _______________________________________
BETWEEN:
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Greyco
Investments, LLC.
Address:
815 Eth Street
Basin,
WY 82410
Telephone:
307-680-6120
(the
"Landlord")
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OF THE FIRST PART
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- AND -
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Tenant’s
Name
Address:
Basin,
WY 82410
Telephone:
(collectively
and individually the "Tenant")
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OF THE SECOND PART
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IN
CONSIDERATION OF the Landlord leasing certain premises to the Tenant, the Tenant
leasing those premises from the Landlord and the mutual benefits and
obligations provided in this Lease, the receipt and sufficiency of which
consideration is hereby acknowledged, the parties to this Lease agree as
follows:
Leased Premises
- The Landlord agrees to rent to the Tenant the apartment
municipally described as Apartment # ____ at 815 E th
Street ____ or 817 East 8th Street ____, Basin, Wyoming 82410, (the 'Premises') for use as
residential premises only. Neither the
Premises nor any part of the Premises will be used at any time during the
term of this Lease by Tenant for the purpose of carrying on any business,
profession, or trade of any kind, or for the purpose other than as a
private single-family residence. This lease
allows the tenant to part two vehicles in the parking areas provided but
requires that they are in good working condition. No junk vehicles, inoperative vehicles,
trailers, boats, campers, etc. will be allowed to be parked in the parking
areas.
- Subject to the provisions of this Lease, apart from the
Tenant, no other persons will live in the Premises without the prior
written permission of the Landlord. If LANDLORD,
with written consent, allows for additional persons to occupy the
premises, the rent shall be increased by $100 for each such person. Any
person staying 14 days cumulative or longer, without the LANDLORD'S
written consent, shall be considered as occupying the premises in
violation of this agreement.
- No guests of the Tenants may occupy the Premises for
longer than one week without the prior written consent of the Landlord.
- The Tenant is required to provide a Renter’s Insurance
Policy and no liquid filled furniture of any kind may be kept on the
premises unless the tenant maintains waterbed insurance valued at $50,000
or more. TENANT must furnish LANDLORD with proof of said insurance.
Terms
- The term of the Lease commences at 12:00 noon on
______________________________ and ends at 12:00 noon
______________________________.
- Should the Tenant remain in possession of the Premises
with the consent of the Landlord after the natural expiration of this
Lease, a new tenancy from month to month will be created between the
Landlord and the Tenant which will be subject to all the terms and
conditions of this Lease but will be terminable upon the Landlord giving
the Tenant notice as required by the laws of Wyoming.
Rent
- Subject to the provisions of this Lease, the rent for
the Premises is $585/month (Upstairs) and $550/month (downstairs).
- The Tenant will pay the Rent on or before the 1st
of each and every month of the term of this Lease to the Landlord at P.O.
Box 213, Shell, WY 82441, or at
such other place as the Landlord may later designate.
- The Tenant will be charged an additional amount of $50
for any late Rent as well as accrued interest charges at a rate of 18% per
annum starting on the 2nd day of the month and accruing until
paid in full.
Security Deposit
- On execution of this Lease, the Tenant will pay the
Landlord a security deposit of $550 (the 'Security Deposit').
- The Landlord will return the Security Deposit within 15
days of the end of this Lease, less such deductions or penalties as
provided in this Lease.
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The Tenant is expected to thoroughly clean the apartment
and have it ready for occupancy. The
Landlord may charge the Tenant for professional cleaning if not done in such a
manner as to allow immediate occupancy.
- During the Term of this Lease or after its termination,
the Landlord may charge the Tenant or make deductions from the Security
Deposit for any or all of the following:
o repair of walls due
to plugs, large nails or any unreasonable number of holes in the walls
including the repainting of such damaged walls;
o repairing cuts,
burns, or water damage to tile, linoleum, rugs, and other areas;
o repainting required
to repair the results of any other improper use or excessive damage by the
Tenant;
o repairs and
replacement required where windows are left open which have caused plumbing to
freeze, or rain or water damage to floors or walls; and
o replacing damaged or
missing doors, windows, screens, mirrors or light fixtures;
o any other repairs or
cleaning due to any damage beyond normal wear and tear caused or permitted by the
Tenant or by any person whom the Tenant is responsible for;
o unplugging toilets,
sinks and drains or any damage caused as a result of Tenant owned appliances,
furniture or fixtures;
o the cost of
extermination where the Tenant or the Tenant's guests have brought or allowed
insects into the Premises or building;
o any other purpose
allowed under this Lease
- The Tenant may not use the Security Deposit as payment
for the Rent.
- Within the lesser of Max days and after the termination
of this tenancy, the Landlord will deliver or mail the Security Deposit
less any proper deductions or with further demand for payment to:
_____________________________________________________________________________________________,
or at such other place as the
Tenant may advise. Any refund will be paid to the signer of
the lease agreement only.
Noise and Disruptive Activities
- TENANT or his/her guests and invitees shall not
disturb, annoy, endanger or inconvenience other tenants of the building, neighbors,
the LANDLORD or his agents, or workmen nor violate any law, nor commit or
permit waste or nuisance in or about the premises.
- The Landlord covenants that on paying the Rent and
performing the covenants contained in this Lease, the Tenant will peacefully
and quietly have, hold, and enjoy the Premises for the agreed term.
- TENANT shall not do or keep anything in or about the
premises that will obstruct the public spaces available to other
residents. Lounging or unnecessary loitering on the front steps, public
balconies or the common hallways that interferes with the convenience of
other residents is prohibited
Inspections
- At all reasonable times during the term of this Lease
and any renewal of this Lease, the Landlord and its agents may enter the
Premises to make inspections or repairs, or to show the Premises to
prospective tenants or purchasers in compliance with the Act.
Alterations
or Changes
- The Tenant will not perform any of the following
without without written permission from the Landlord:
o applying adhesive
materials, or inserting nails or hooks in walls or ceilings other than two
small picture hooks per wall;
o painting,
wallpapering, redecorating or in any way significantly altering the appearance
of the Premises;
o removing or adding
walls, or performing any structural alterations;
o installing a
waterbed(s);
o installing additional
electrical wiring or heating units;
o placing or exposing
or allowing to be placed or exposed anywhere inside or outside the Premises any
placard, notice or sign for advertising or any other purpose;
o affixing to or
erecting upon or near the Premises any radio or TV antenna, tower or dish.
Utilities and Other Charges
- The Tenant is responsible for the payment of the following
utilities and other charges in relation to the Premises: Electric Charges, Gas Service,
Television, Internet, Phone & Water.
Insurance
- The Tenant is hereby advised and understands that the
personal property of the Tenant is not insured by the Landlord for either
damage or loss, and the Landlord assumes no liability for any such loss.
The Tenant is advised that, if insurance coverage is desired by the
Tenant, the Tenant should inquire of Tenant's insurance agent regarding a
renter's policy of insurance.
- The Tenant is responsible for insuring the Premises for
either damage or loss to the structure as a result of appliances,
equipment or possessions owned by the Tenant and assumes liability for any such loss.
- The Tenant is responsible for insuring the Premises for
liability insurance, and the Tenant assumes liability for any such loss.
Abandonment
- If at any time during the term of this Lease, the
Tenant abandons the Premises or any part of the Premises, the Landlord may,
at its option, enter the Premises by any means without being liable for
any prosecution for such entering, and without becoming liable to the
Tenant for damages or for any payment of any kind whatever, and may, at
the Landlord's discretion, as agent for the Tenant, rent the Premises, or
any part of the Premises, for the whole or any part of the then unexpired
term, and may receive and collect all rent payable by virtue of such
renting, and, at the Landlord's option, hold the Tenant liable for any difference
between the Rent that would have been payable under this Lease during the
balance of the unexpired term, if this Lease had continued in force, and
the net rent for such period realized by the Landlord by means of the
renting. If the Landlord's right of re-entry is exercised following
abandonment of the premises by the Tenant, then the Landlord may consider
any personal property belonging to the Tenant and left on the Premises to
also have been abandoned, in which case the Landlord may dispose of all such
personal property in any manner the Landlord will deem proper and is
relieved of all liability for doing so.
Attorney Fees
- Any failure by the Tenant to perform any of the terms,
provisions, or conditions of this Lease shall constitute a default under
this Agreement. Upon an event of
default, for any action on the part of the Landlord to enforce any of the
terms, provisions, or conditions of this Agreement, Tenant agrees to pay
all expenses and costs of such action, including, without limitation, Landlord’s
attorney fees and all expenses of litigation. Tenant agrees to suit in Big Horn
County, Wyoming and all parties agree that Wyoming law shall govern any
such action.
Severability
- In the event that any of the provisions of this Lease
will be held to be invalid or unenforceable in whole or in part, those
provisions to the extent enforceable and all other provisions will
nevertheless continue to be valid and enforceable as though the invalid or
unenforceable parts had not been included in this Lease and the remaining
provisions had been executed by both parties subsequent to the expungement
of the invalid provision.
- If any provision of this agreement is held to be
invalid, such invalidity shall not affect the validity or enforceability
of any other provision of this agreement
Assignment and Subletting
- An assignment, subletting, concession, or license or an
assignment or subletting by operation of law, will be void and will, at
Landlord's option, terminate this Lease.
Damage to Premises
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If In
the event the Leased Premises should be substantially or totally damaged or
destroyed by force majeure, so as to be untenable during the term hereof, this
Lease shall terminate; provided, in the event of any restoration of the
premises, the Lessee shall have the first right and option to lease the
restored premises upon the same terms and condition as set forth in this Lease.
Maintenance
- The Tenant will, at its sole expense, keep and maintain
the Premises and appurtenances in good and sanitary condition and repair
during the term of this Lease and any renewal of this Lease.
Care and Use of Premises
- The Tenant will promptly notify the Landlord of any
damage, or of any situation that may significantly interfere with the normal
use of the Premises or to any furnishings supplied by the Landlord.
- Vehicles which the Landlord reasonably considers
unsightly, noisy, dangerous, improperly insured, inoperable or unlicensed
are not permitted in the Tenant's parking stall(s), and such vehicles may
be towed away at the Tenant's expense. Parking facilities are provided at
the Tenant's own risk. The Tenant is required to park in only the space
allotted to them.
- The Tenant will not make (or allow to be made) any
noise or nuisance which, in the reasonable opinion of the Landlord,
disturbs the comfort or convenience of other tenants.
- The Tenant will, at his/her sole expense, keep and
maintain the Premises and appurtenances in good and sanitary condition and
repair during the term of this Lease and any renewal of this Lease.
- The Tenant will dispose of its trash in a timely, tidy,
proper and sanitary manner.
- The Tenant will not engage in any illegal trade or
activity on or about the Premises.
- The Landlord and Tenant will comply with standards of
health, sanitation, fire, housing and safety as required by law.
- The Tenant will use reasonable efforts to maintain the
Premises in such a condition as to prevent the accumulation of moisture
and the growth of mold, and to promptly notify the Landlord in writing of
any moisture accumulation that occurs or of any visible evidence of mold
discovered by the Tenant.
- If the Tenant is absent from the Premises and the Premises
are unoccupied for a period of seven consecutive days or longer, the
Tenant will arrange for inspection by a competent person. The Landlord
will be notified in advance as to the name, address and phone number of
this said person.
- The hallways, passages and stairs of the building in
which the Premises are situated will be used for no purpose other than
going to and from the Premises and the Tenant will not in any way encumber
those areas with boxes, furniture or other material or place or leave rubbish
in those areas and other areas used in common with any other tenant.
- Boots and rubbers which are soiled or wet should be
removed at the entrance to the building in which the Premises are located
and taken into the Tenant's Premises.
- At the expiration of the lease term, the Tenant will
quit and surrender the Premises in as good a state and condition as they
were at the commencement of this Lease, reasonable use and wear and
damages by the elements excepted.
Hazardous Materials
- The Tenant will not keep or have on the Premises any
article or thing of a dangerous, flammable, or explosive character that
might unreasonably increase the danger of fire on the Premises or that
might be considered hazardous by any responsible insurance company.
Pets
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No
pets are allowed in or on the premises at any time.
Smoking
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There
will be no smoking of any kind inside the apartment building, in the hallway,
entry-way, or the apartment itself. No smoking
will be allowed in front of either entry-way to the building.
General Provisions
- Any waiver by the Landlord of any failure by the Tenant
to perform or observe the provisions of this Lease will not operate as a
waiver of the Landlord's rights under this Lease in respect of any
subsequent defaults, breaches or non-performance and will not defeat or
affect in any way the Landlord's rights in respect of any subsequent
default or breach.
- This Lease will extend to and be binding upon and inure
to the benefit of the respective heirs, executors, administrators,
successors and assigns, as the case may be, of each party to this Lease.
All covenants are to be construed as conditions of this Lease.
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Tenant
agrees to obey rules and regulations as posted by the Landlord regarding the
use and care of the building, parking lot, and other common facilities that are
provided for the use of the Tenant in and around the building containing the
Premises.
- All sums payable by the Tenant to the Landlord pursuant
to any provision of this Lease will be deemed to be additional rent and
will be recovered by the Landlord as rental arrears.
- Where there is more than one Tenant executing this
Lease, all Tenants are jointly and severally liable for each other's acts,
omissions and liabilities pursuant to this Lease.
- Locks may not be added or changed without the prior
written agreement of both the Landlord and the Tenant, or unless the
changes are made in compliance with the Act.
- The Tenant will be charged an additional amount of
$25.00 for each N.S.F. check or check returned by the Tenant's financial
institution.
- The Tenant will professionally steam clean the carpets
on a yearly basis and at the termination of this Lease or the Landlord may
charge the Tenant or deduct the cost of having the carpets professionally
steam cleaned from the security deposit.
- Headings are inserted for the convenience of the
parties only and are not to be considered when interpreting this Lease. Words
in the singular mean and include the plural and vice versa. Words in the
masculine mean and include the feminine and vice versa.
- This Lease and the Tenant's leasehold interest under
this Lease are and will be subject, subordinate, and inferior to any liens
or encumbrances now or hereafter placed on the Premises by the Landlord,
all advances made under any such liens or encumbrances, the interest
payable on any such liens or encumbrances, and any and all renewals or
extensions such liens or encumbrances.
- This Lease may be executed in counterparts. Facsimile
signatures are binding and are considered to be original signatures.
- Time is of the essence in this Lease.
- This Lease will constitute the entire agreement between
the Landlord and the Tenant. Any prior understanding or representation of
any kind preceding the date of this Lease will not be binding on either
party except to the extent incorporated in this Lease.
- The Tenant will indemnify and save the Landlord, and
the owner of the Premises where different from the Landlord, harmless from
all liabilities, fines, suits, claims, demands and actions of any kind or
nature for which the Landlord will or may become liable or suffer by
reason of any breach, violation or non-performance by the Tenant or by any
person for whom the Tenant is responsible, of any covenant, term, or
provisions hereof or by reason of any act, neglect or default on the part
of the Tenant or other person for whom the Tenant is responsible. Such
indemnification in respect of any such breach, violation or
non-performance, damage to property, injury or death occurring during the
term of the Lease will survive the termination of the Lease,
notwithstanding anything in this Lease to the contrary.
- The Tenant agrees that the Landlord will not be liable
or responsible in any way for any personal injury or death that may be
suffered or sustained by the Tenant or by any person for whom the Tenant
is responsible who may be on the Premises of the Landlord or for any loss
of or damage or injury to any property, including cars and contents
thereof belonging to the Tenant or to any other person for whom the Tenant
is responsible.
- The Tenant is responsible for any person or persons who
are upon the or occupying the Premises or any other part of the Landlord's
premises at the request of the Tenant, either express or implied, whether
for the purposes of visiting the Tenant, making deliveries, repairs or
attending upon the Premises for any other reason. Without limiting the
generality of the foregoing, the Tenant is responsible for all members of
the Tenant's family, guests, servants, tradesmen, repairmen, employees,
agents, invitees or other similar persons.
- During the last 30 days of this Lease, the Landlord or the
Landlord's agents will have the privilege of displaying the usual 'For
Sale' or 'For Rent' or 'Vacancy' signs on the Premises.
IN
WITNESS WHEREOF, Greyco Invenstments, LLC. and Tenant(s) have duly affixed
their signatures on __________________________________(date).
Signature:
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For
and In Behalf of Greyco Investments, LLC
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Date
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Signature: