LEASE AGREEMENT This Lease, made and entered into in duplicate original on this day of by and between and of P.O. Box 506 Bowling Green, KY 42102, hereinafter referred to as Landlord. PREMISES: TERM: Beginning, 2014 Ending, 2015 MONTHLY RENT: $ OCCUPANTS: (A) Use The premises must be used as a residence only and for no other reason. Only the Tenant(s) indicated below may live in the premises. Tenant, members of Tenant s family or household, and Tenant s guests and invitees shall not use or knowingly permit any part of the premises to be used for any criminal activity, including, but not limited to any drug-related criminal activity, or to be used for any other unlawful purposes. Any use of the premises by Tenant, members of Tenant s family or household, and Tenant s guests and invitees in violation of the terms of this section shall constitute a default of the terms and conditions of this lease. Tenant acknowledges that he/she has inspected the premises and is fully satisfied with the physical condition thereof and agrees to accept same in its present as is condition. Tenant may be required, at the sole discretion of Landlord, to acknowledge the current physical condition of the premises by signing a pre-lease inspection/walkthrough checklist presented by Landlord. All window treatments and blinds shall remain as is for the term of the lease. The refrigerator and all other appliances will remain with the premises. Landlord shall also furnish washer and dryer with an additional $30.00 per month at the request of Tenant. (B) (C) Rent; added rent The rent payment for each month must be paid by the first (1 st ) day of that month at our address above, except for the initial lease payment which is due upon signing this lease. The Landlord does not need to give the Tenant notice to pay rent. Rent must be paid in full and no amount subtracted from it. In the event any portion of any month s rental is not paid when due, the Landlord in that event, at his option, may terminate this lease for nonpayment of rental and start eviction process seven (7) days after notice to Tenant. Renewal This lease shall be renewed for a subsequent (1) year after the initial term, with the terms of renewal being agreed upon by both parties at the time of renewal and a new lease executed. Should either party not wish to renew the lease, any notices of non-renewal of this lease by either party must be made in writing to the other party no less than thirty (30) days in advance of the expiration of the term of the then current lease. If the Tenant does not renew the lease, Landlord has the right to list the house for sale or rent and enter the premises to show it to prospective
tenants/buyers. (D) (E) (F) (G) (H) (I) Lien Tenant hereby acknowledges that for the purpose of securing the payment of unpaid rent, Landlord maintains a statutory lien upon all of the furnishings and personal property placed upon the leased premises, which lien shall continue following the expiration of this lease and is to apply against the property. Notices Any bill, statement or notice must be in writing and delivered or mailed to the Tenant at the premises and to the Landlord at the above address. The Tenant shall provide a forwarding address at the end of this lease. Utilities and Services The Tenant shall have all utilities and services listed in his or her name. The Tenant must pay for all utilities and services when billed, including, but not limited to, water, electricity, gas, telephone, cable, television. Tenant shall indemnify Landlord and save it harmless against any liability or damages on such account. Alterations; Maintenance Tenant shall not make any alterations, improvements and additions to the premises, including, without limitation, nailing or fastening anything to the roof or structure, painting, wallpapering, remodeling or repair to the interior of the premises, without the express, written consent of the Landlord. Any alterations, improvements and additions to the premises, agreed to by the Landlord, in Landlord s sole discretion, shall be at the cost of the Tenant. The Landlord is responsible for repairs and maintenance to major appliances and heating and cooling systems unless caused by the negligence or misuse of the Tenant. The Tenant must keep, and at the end of the term, return, the premises and all furnishings and any other personal property clean, in good order and repair, and in the same condition as when received, ordinary wear and tear excepted. Landlord has the right to correct and charge the Tenant with the cost of any repairs necessary caused by Tenant s failure to maintain the premises in good repair as additional rent. Right of Entry Landlord reserves the right during the term of this Lease to enter the premises at reasonable hours and upon reasonable notice to inspect the premises and to make such repairs as Landlord may deem necessary for the protection and preservation of the building and premises. In addition, Landlord may at any time within ninety (90) days prior to the expiration of this lease, enter and show the premises and affix to any part of the premises a notice for rent or sale of same. Care of Premises The Tenant must keep the premises and grounds safe, neat, clean and aesthetically pleasing, and the yard mowed if there is one. If landlord has to mow it there will be a charge for mowing. No smoking in the property. A fee will be applied if trash/ cigarette butts are improperly disposed. After Tenant accepts premises and moves in, Tenant, at its sole cost and expense, not Landlord, shall be responsible to change light bulbs, filters, batteries, etc. in the premises. Should repairs of any item in or on the premises be required as a result of the negligence of Tenant or Tenant s family, employees, guest, invitees, and others, Tenant shall be responsible for such repairs or replacement as necessary. Should Landlord elect to repair or replace any item of damage caused by the negligence of Tenant or Tenant s family, employees, guest, invitees, and others on or around the premises Landlord Landlord has the right to make said repairs or replacements and charge the Tenant with the cost of any repairs necessary caused by such negligence.
(J) (K) Pets No pets, birds, or animals of any kind shall be permitted in or on the premises without the written consent of Landlord Only in the event Landlord consents, in Landlord s sole discretion, to Tenant s possession of a pet on the premises, Tenant agrees to deposit a $200.00 non-refundable pet deposit and pay an additional $25.00 per month for the privilege of keeping a pet. Said Pet Security Deposit may be applied, at Landlord s sole discretion, by Landlord to satisfy all or part of Tenant s obligations; provided, however, the application of said Pet Security Deposit to any sums due and owing Landlord shall not prohibit Landlord from claiming and recouping damages caused by Tenant s use and possession of the premises in excess of said Pet Security Deposit. Tenant shall not house-sit any animal without consulting Landlord. If Tenant fails to notify the Landlord, Tenant shall be charged the Pet Security Deposit along with a $25.00 fee for each month the animal was on the premises. Tenant shall be respectful of neighbors and keep any pet on a leash when outside. Security Deposit Simultaneous with execution of this lease, Tenant has deposited with Landlord the sum of $.00, receipt of which is hereby acknowledged. Tenant shall not be entitled to interest on this security deposit being held at American Bank & Trust. Upon the expiration of this lease or the earlier termination by forfeiture or otherwise, Landlord shall inspect the leased premises. The Security Deposit shall be returned to Tenant within thirty (30) days after the termination of this lease and Tenant has vacated premises if all monies due Landlord have been paid in full by Tenant and the premises is not damaged and is left in as good a condition as it was in at the time this lease is executed, normal wear and tear excepted. Said Security Deposit may be applied, in Landlord s sole discretion, by Landlord to satisfy all or part of Tenant s obligations; provided, however, the application of said Security Deposit to any sums due and owing Landlord shall not prohibit Landlord from claiming and recouping damages caused by Tenant s use and possession of the premises in excess of said Security Deposit. (L) Fire; Damage The Tenant must give the Landlord immediate notice in case of fire or other damage to the premises. In case of damage by fire or other casualty to improvements located on the premises, without fault of the Tenant, if the damage is so extensive as to amount practically to the total destruction of the premises, this lease shall terminate and any rent due shall be apportioned between the Tenant and the Landlord to the date on which the damage occurred. In all other cases, in the event the premises are damaged or destroyed or rendered partially untenantable for their then use by fire or other casualty insured by Landlord, Landlord shall promptly repair, but only from insurance proceeds, the premises and restore same to substantially the condition in which it was immediately prior to the happening of such casualty. The Tenant will be responsible for the cost of any repairs if the damage was caused by the Tenant s act or negligence. In such case, Landlord may cancel the lease by giving seven (7) days written notice any time after such fire or other damage. The term is over at the end of the seventh (7 th ) day and rent must be paid to the date of the damage. (M) Liability The Landlord shall not be liable for loss, expense, or damage to any property or any personal injury unless it is due to the Landlord s proven negligence. The Tenant is responsible for all acts of their family, employees, guest, invitees, and others in, on or around the premises. All Tenant s personal property of every kind which may at any time be on or in the premises shall be at Tenant s sole risk, and Landlord shall not be liable for any damage to said personal property or
loss suffered by the Tenant, Tenant s family members or Tenant s guests. The Tenant shall be responsible for maintaining insurance on their own personal property located in or on the premises. Unless caused by the Landlord s affirmative act of negligence, the Landlord shall not be liable for any failure of water supply, gas or electric current or for injury or damage to persons or property caused by gasoline, oil, steam, gas or electricity or tornado, flood, wind or similar storms or disturbances or water, rain or snow or bursting, stoppage or leaking of water, gas, sewer or steam pipes or for any interference with light or air. (N) (O) (P) (Q) (R) Assignment sublet The Tenant may not sublet all or any part of the premises, or assign this lease or permit any other person to use the premises. Subordination This lease and the Tenant s rights are subject to and subordinate to the following: (1) All present and future agreements securing money paid or to be paid to a lender of Landlord under mortgages; and (2) Any and all matters present and future, that a search of title to or survey of the premises would disclose. The Tenant agrees that all of the above mortgages and /or agreements shall be automatically superior to this lease and your rights under this lease, without the necessity for you to execute any further documents or certificates. However, if the Landlord requests such documents or certificates to show this lease is subject and subordinate, you must promptly and properly sign any such documents or certificates. Compliance with Authorities The Tenant must promptly comply with all restriction of record, laws, order, rules and directions of all governmental authorities, property owners association, insurance carriers, Board of Fire Underwriters, or similar group. Tenant shall not do anything in or about the premises which may increase the insurance premiums of Landlord, and if such an increase occurs as a result of the actions of Tenant, members of Tenant s family or household, and Tenant s guests and invitees, Tenant shall be charged such increase as additional rent. Vacating If the Tenant vacates the premises prior to the end of the term of this lease, all deposits shall be forfeited in favor of the Landlord, and Tenant shall remain liable for any rental payments for the remainder of the lease term unless the property is leased to another party and then shall be liable only for the rental for the period of time in which the property is vacant and thereafter for the remainder of the lease term for any loss of rent constituting the difference between the rental received by the Landlord from a subsequent tenant and the rent required to be paid by the Tenant pursuant to the terms of this lease. Nothing herein contained shall be construed to require the Landlord to lease the property to any other party during the lease term to cause a mitigation of damages; however, Landlord agrees to make a reasonable effort to do so. Tenant s Default and Landlord s Remedies The Tenant waives notice to quit and consent to Landlord enforcing any and all rights and remedies afforded for the following: (1) Failure to pay rent on time. (2) Improper assignment of the lease, improper subletting of all or part of the premises, allowing another to use the premises, or using the premises for other than residential use;
commercial vehicles parked in the driveway or on the side of the road around the premises. (3) Improper conduct by Tenant, members of Tenant s family or household, and Tenant s guests and invitees; or (4) Failure of Tenant, members of Tenant s family or household, and Tenant s guests and invitees to fully perform or comply with any other term in this lease Should any of the above mentioned actions continue for a period of seven (7) days after notice to Tenant, Landlord shall be entitled to declare the rights of the Tenant under this Lease terminated and Tenant shall surrender possession of the premises. Upon receipt of notice of Landlord s intention to reenter and take possession of the premises under this Section, Tenant hereby agrees that he/she shall immediately vacate the premises. Tenant hereby further waives any other right to which he/she may have to any additional notice under any statute or law of the Commonwealth of Kentucky or any other jurisdiction. Waiver by the Landlord of one breach or default shall not be considered a waiver of any subsequent breach or default. In the event Landlord is required to recover possession of the premises through legal process for any reason as a result of Tenant s default on this lease, Tenant covenants and agrees to pay all court costs, reasonable attorney fees, and any and all and expenses which may reasonably be incurred by Landlord in any court proceedings, either in law or in equity, arising out of said default or breach of covenant by Tenant. (S) (T) (U) (V) (W) (X) Late Payments In the event the rent payment is not paid by the 5 th of the month, the Tenant will be charged a late fee of $25.00 dollars. Surrender of Property At the expiration date of this lease, Tenant will surrender possession of the lease premises to the Landlord in the condition set out here-in-above and should the Tenant remain in possession of the premises past the expiration of the term of this lease, by permission or otherwise, such holding over will be as a Tenant at sufferance and will not constitute any greater tenancy. Gender and Plural Whenever used, the singular shall include the plural, the plural the singular, and the use of gender shall be applicable to all genders. Illegality This lease is intended to be severable in that if any provision shall be determined to be unenforceable, such determination shall have no effect on the remainder of this lease. No Waiver The Landlord s failure to enforce any of the terms of this lease shall not be considered a waiver of any subsequent ability to enforce the terms of the lease. Representations; Changes in Lease; Governing Law The Tenant has read this lease. This Lease contains all the terms and conditions agreed upon by the parties hereto, and no other agreement (oral or otherwise) regarding the subject matter of this Lease shall be deemed to exist or bind any of the parties hereto. No waiver, alteration, or modification of any of the provisions of this Lease shall be binding unless in writing and signed by duly authorized representatives of both parties to this Lease. This Lease has been executed in and shall be construed in accordance with the laws of the Commonwealth of Kentucky..
INTENDING TO BE BOUND, we have executed this lease. LANDLORD TENANT By initialing below, I hereby recognize I am signing a Lease with the clause in sections (B) and (S) stating if any of the terms in section (B) or (S) is violated, I will need to vacate premises and may be evicted on the 7 th day thereafter. By initialing below, I acknowledge receipt of keys and/or garage remotes. I will be charged $ for each key and $ for each garage remote not returned when I vacate the premises. Tenant Refund Security Deposit Policy: Our Policy is to return security deposit minus any expenses incurred to re-rent premises 30 days after move out date. These things must be done to the satisfaction of Landlord, in Landlord s sole discretion, to receive full refund of security deposit. 1. Schedule a walkthrough and move out date with the landlord. 2. Cleaned: Fans, window seals wiped clean, carpets shampooed, cabinets wiped out, appliances cleaned, bathrooms cleaned 3. Garage swept clean with buildings cleaned out as well. 4. Return Keys and Garage Door openers. 5. Cost for any damages for repairs will be transferred to tenant. 6. Please leave forwarding address with Landlord 7. All possessions must be removed and the premises should be move-in ready for next tenant. Tenant Landlord