Lease

Storage Inn

One Miramichi Trail

MORGANTOWN, WEST VIRGINIA  26508

(304) 276-1910

This Agreement is made and entered in this ____                             _ day of___________________ 20           ,, between Icon Storage LLC, of Morgantown, West Virginia, hereinafter referred to as “Lessor, and of  hereinafter referred to as “Lessee”.

WHEREAS, Lessor desires to lease to Lessee and Lessee desires to lease from Lessor the premises generally described as Storage Unit No.         consisting of approximately ____ square feet (“Leased Premises”) it is herein agreed as follows:

Lessor hereby leases to Tenant, the Leased Premises described above for a term of  beginning and ending .

2. Tenant agrees to pay Lessor the rent herein provided subject to the terms and conditions set forth herein at a rate of $   per month, due on the ___  day of each month.  In the event the rent is not paid within fifteen (15) days from this due date, a late fee of $10.00 shall be charged.

3. Rent shall be payable in equal monthly installments to be paid in advance on the day of each month, to the address of Landlord as stated above or at such other address as Landlord may, from time to time, require.

Tenant agrees to use the Leased Premises exclusively for the storage of personal property, merchandise, supplies or other material owned by Tenant and for no other use.

Tenant understands and agrees that the use of electricity for food freezers, refrigerators and other appliances is not allowed.

Tenant agrees to keep the Leased Premises and immediate premises in clean, orderly and sanitary condition and to advise Lessor or his agent of any damage.  Lessor reserves the right to implement rules and regulations with regard to the use of the Leased Premises.

Tenant shall not store any items outside the Leased Premises storage area nor dispose of any trash outside the Leased Premises storage area other than in containers provided by Lessor.

Tenant shall not cause or permit to occur on the Leased Premises or any part thereof:  (a) any violation of any federal, state or local law, ordinance, or regulation now or hereafter enacted related to environmental conditions on, under or about the Leased Premises, or arising from Tenant’s use or occupancy of the Leased Premises, including but not limited to soil and groundwater conditions; or (b) the use, generation, released, manufacture, refining, production, processing, storage or disposal of any hazardous substances on, under or about the Leased Premises or the transportation to or form the Leased Premises of any hazardous substances.  Further, Tenant shall not store or permit to store any contraband on Leased Premises.

Tenant agrees not to commit a nuisance in or upon the Leased Premises so as to substantially interfere with the comfort or safety of occupants of adjacent buildings/units.

Lessor is not responsible for any loss or damage due to fire, theft, water, wind, hurricane or any cause whatsoever to the property of Tenant, nor is Lessor required to carry any insurance to cover same.  (initials)

Tenant, at his own expense, shall obtain his own insurance, if any, to the property
stored in the Leased Premises.  (initials)

Tenant shall not sublease the Leased Premises without the written consent of Lessor.

Tenant may not make any alterations to the Leased Premises without the written consent of Lessor.

Lessor shall have the right to enter the Leased Premises at any time to inspect same, to make repairs or to enforce this Agreement.

Tenant, at his own expense, must provide a suitable means of locking the Leased Premises.

Tenant agrees to notify Lessor 15 days in advance of vacating the Leased Premises.

If Tenant remains in possession of the Leased Premises, with the consent of Lessor, after the expiration of the tenancy created hereunder and without execution of a new lease, then Tenant shall be deemed to be occupying the Leased Premises as a tenant from month-to-month, and Tenant shall be subject to all conditions, provisions and obligations of this Agreement.

Tenant agrees that this Agreement shall be subject and subordinate to any mortgage or mortgages now on said Leased Premises and/or surrounding, appurtenant property, or which Lessor of said Leased Premises and appurtenant property may hereafter at any time elect to place upon said Leased Premises and/or appurtenant property.

Lessor and Tenant agree that this Agreement, when filled out and signed, is a binding legal obligation.  All the covenants, stipulations and agreements contained in this Agreement shall be binding upon the heirs, legal representatives, successors and authorized assigns of the parties.

Tenant herein acknowledges that he/she/they/it has/have made a physical examination of the Leased Premises and is/are thoroughly familiar with the Leased Premise and surrounding, appurtenant property, and accept the Leased Premises in “AS IS” condition. 

Tenant shall indemnify and hold Lessor harmless from any and all loss, cost, claim, liability or damage of any kind, including without limitation attorneys fees and court costs incurred, suffered or claimed by any person whomever, or for any damage or injury to any persons or property from any cause whatsoever, arising out of the use and/or occupancy by Tenant, its agents, employees, invitees or visitors of the Leased Premises, or arising out of any breach or default of Tenant in performance of his/her/their/its obligations under this Agreement.

Lessor may terminate this Agreement upon the happening of any one or more of the following events:  (a) the making by Tenant of an assignment of this Agreement without the prior consent of Lessor; (b)  institution of proceedings in a court of competent jurisdiction for the reorganization, liquidation, or involuntary dissolution of Tenant, or for its adjudication as a bankrupt or insolvent, or for the appointment of a receiver of the property of Tenant, and said proceedings not being dismissed and any receiver, trustee or liquidator appointed therein discharged within ninety (90) days after the institution of said proceedings; (c) the failure of Tenant to pay an installment of rent or other payments required under this Agreement when due or to perform any other of his/her/their/its covenants under this Agreement beyond any applicable grace period after any required notice; or (d) the occurrence of any other default or breach of Tenant hereunder. 

Failure of the Lessor to require strict performance of the Tenant of the provisions hereof shall not waive, effect or diminish any right of the Lessor thereafter to demand strict compliance and performance therewith or with any other provision.  None of the conditions or provisions or obligations of this Agreement shall be held to have been waived by any act or knowledge or failure to act by Lessor, but only by an instrument in writing made and delivered by the Lessor making such waiver.

This Lease constitutes the entire Agreement between the parties hereto.

WV Code §38-14-1 et al “Self-Service Storage Lien Act”.  Personal property stored within the Leased Premises may be sold to satisfy the self-service storage lien or destroyed if the value of the property would not reasonably discharge the costs of the sale and self-service storage lien. ________(initials)

IN WITNESS WHEREOF, the parties hereto have executed this Agreement by the following duly authorized parties: 

LESSEE Date

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LESSEE Date

, Manager