Fill and Sign the State of New Mexico Hereinafter Referred to as the Trustor and the Trustee Form

- 1 - AGREEMENT FOR THE LEASE OF MOBILE HOME PARK LOT ____________________, as Lessor (hereinafter “Lessor”) hereby leases and demises to ___________________, as Lessee (hereinafter “Lessee”), that certain mobile home park (hereinafter the “Park”) lot described more fully as Lot No._____, of ______________ Park, located in ___________ County, State of ___________________: (INSERT LEGAL OR OTHER DESCRIPTION OF LOT TO BE LEASED) Lessor and Lessee in exchange for mutual covenants and other good and valuable consideration do hereby declare that this Agreement is subject to the following terms and conditions: 1. Term and Termination. The initial term of this Agreement is for a period of _______ (weeks, months, years) from the date hereof and shall terminate on the ____ day of _________, 20__. Lessee shall have the option to renew this Agreement at the end of the initial term for a like period, provided however, that Lessee provide notice of such renewal to Lessor _____ days prior to the expiration of the initial term. A party desiring to terminate this Agreement for the failure of the other party to comply with the terms of this Agreement shall provide _____ days notice of such non-compliance to the other party. If the non-compliance is not cured within that _____ day period, then the Agreement shall be deemed to be terminated. In that event, no further rent shall be due if termination is effected by Lessee. If termination is effected by Lessor, this Agreement shall not bar the institution of eviction proceedings or collection for holdover rent against Lessee. 2. Access and Parking. Lessor shall provide Lessee with access to the above described lot at all times, save and except for such reasonable and necessary restrictions as may be applicable to preserve the general health and security of tenants of the Park. Lessor shall provide Lessee with a written copy of such restrictions at the time of the signing of this Agreement. 3. Rent. Lessee shall pay to Lessor the amount of $_______ per (week/month) for the lease, demise and use of the above described lot. Such rent shall become due and payable beginning on the 1 st day of ______________ (week/month) and thereafter on the same day of each succeeding week/month for the balance of the term of this Agreement. 4. Late Charges. In the event that any rental amount recited in the above Article 3 of this Agreement is not paid within ____ days of the date due, Lessee shall pay unto Lessor the additional amount of $_____ as a late charge.