Fill and Sign the Agreement Personal Property 497329056 Form

Agreement to Store Certain Personal Property in Portion of Garage Agreement made on the ___ day of __________, 20___, between _______________________ of ____________________________________________ (street address, city, county, state, zip code) , referred to herein as Lessor, and ______________________ of ____________________________________________ (street address, city, county, state, zip code) , referred to herein as Lessee. Whereas Lessor owns a large garage located at his address stated above, and Lessee is interested in renting a portion of it to store certain property such as his vehicle, bike and some tools; Now, therefore, for and in consideration of the mutual covenants contained in this Agreement, and other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the parties agree as follows: 1. Property to be Stored A description of the property to be stored in said garage is attached hereto as Exhibit A, which description may be changed at any time by adding a new Exhibit A agreed to and initialed by both parties. 2. Term of Agreement The term of this Agreement shall commence on the date stated above and shall terminate on ________________ ( date). 3. Compensation Lessee shall pay Lessor sum of $________per month for the duration of this Agreement. Said sum shall be payable in advance on the first day of each month. 4. Delivery and Acceptance Delivery and acceptance of the property shall be made on the date of this Agreement and any time mutually acceptable to each party. Acceptance or retention by Lessor of the property shall constitute acknowledgment that the property was received in the condition described in Exhibit A. 5. Condition of Stored Property Lessor shall keep and maintain the property with reasonable care so that it shall not be damaged, and assumes liability for damage or loss from all causes except negligence or intentional actions of Lessee or his agents, theft, wind damage, war, confiscation, order of any government or public authority, discoloration or deterioration from natural or inherent causes. Notwithstanding the foregoing, the parties understand and agree that they have established the value of the property as set forth in Exhibit A , and that liability for damages shall in no event exceed the value of the property set forth in Exhibit A. Any damages payable to Lessee by Lessor shall be reduced by any insurance payments recovered by Lessee for damage to the subject property. - 1 - 6. Default If Lessee fails to make any payment required by this Agreement within _____days after such payment is due or fails to recover possession of the property within ____days after this Agreement has been terminated, Lessee will be in default. In such event, all charges and expenses of Lessee in respect to this Agreement shall constitute a lien on the property and Lessor shall have the right to sell the property, without notice, at public or private sale, keep all of the proceeds of such sale that represent unpaid rental and actual expenses incurred by Lessor as a result of any such default. The remainder of the funds from said sale shall be payable to Lessee within ten (10) days of demand by Lessee to Lessor. 7. Title Unless a default should occur as described in Paragraph 6 resulting in a sale as described therein, the property is, and will remain, and at all times shall be deemed to be, the sole and exclusive property of Lessee , and Lessor has no right of ownership in the property. The property shall not be transferred or delivered to any other person or corporation without prior written consent or instruction of Lessee. 8. Attorneys’ Fees If one party commences a lawsuit against the other in relation to this Agreement, the unsuccessful party in the action shall pay to the successful party, in addition to all other sums that either party may be called on to pay, a reasonable sum for the attorneys’ fees of the successful party. 9. Limitation on Modifications The parties agree that no modification of this Agreement will be binding unless such modification is in writing, accepted and executed by both parties. 10. Notice Requirements Any notice to be given shall be sent, by certified mail, return receipt requested, with postage prepaid, to the party to be notified at the address set forth at the beginning of this Agreement, or at such other address as the party to be notified shall have directed in writing. Such notice shall be deemed to be given when so mailed. WITNESS our signatures as of the day and date first above stated. ________________________ ________________________ LESSOR LESSEE - 2 -