Storage Lease Agreement

PJI Mini Storage · 333 E Ladiga St, Piedmont, AL

This Storage Lease Agreement (the "Lease") is entered by and between PJI Mini Storage ("Owner") and the Lessee identified below. Owner and Lessee may collectively be referred to as the "Parties."

Premises

Owner hereby leases the storage space located at 333 E Ladiga St, Piedmont, AL, identified by the unit number above (the "Premises"), to Lessee.

Lease Term

The lease will start on the begin date above and will continue as a month-to-month tenancy until it is terminated by either party. To terminate, either the Owner or Lessee must give written notice to the other party at least 7 days prior to when the Premises are to be vacated (the "Lease Term").

Lease Payments

Lessee agrees to pay Owner the monthly rent stated above in advance on the first day of each month at 327 E Ladiga St, Piedmont, AL (PJI Storage). If the Lease Term does not start on the first day of the month or end on the last day of a month, rent will be prorated accordingly. Owner will not invoice Lessee at the renewal due date.

Late Charges

If any amount under this Lease is more than 5 days late, Lessee agrees to pay a late fee of $20.00 per month.

Insufficient Funds

Lessee agrees to pay a charge of $35.00 for each check given by Lessee to Owner that is returned for lack of sufficient funds.

Locks

Lessee will be responsible for providing his or her own lock for the Premises.

Use of Premises

Lessee shall use the Premises exclusively for storage of Lessee's possessions or the approved alternate use stated above. Lessee understands that use of electricity for refrigerators, freezers, or other appliances is not permitted. Lessee may not store or dispose of any property outside the Premises. Lessee shall not use the Premises for illegal or otherwise prohibited activities.

Dangerous or Illegal Materials

Lessee shall not keep on or around the Premises any item of a dangerous, flammable, or explosive nature that might unreasonably increase the risk of fire or explosion, or that might be considered hazardous by any responsible insurance company. Lessee shall not keep on or around the Premises any illegal items, materials, or substances.

Defaults

If Lessee fails to perform or fulfill any obligation under this Lease, Lessee shall be in default. Subject to any statute, ordinance, or law to the contrary, Lessee shall have seven (7) days from the date of notice of default by Owner to cure the default. If Lessee does not cure a default, Owner may, at Owner's option, (a) cure the default and add the cost to Lessee's financial obligations under this Lease; or (b) declare Lessee in default. Owner may also, as permitted by law, re-enter and retake possession of the Premises. Failure of Lessee or Lessee's guests or invitees to comply with any term is grounds for termination of the tenancy, with appropriate notice and procedures as required by law. If Lessee does not remove the property at termination, it will be treated as abandoned and may be sold in a reasonable manner. Proceeds will be applied to the cost of sale and unpaid rent; any balance will be mailed to Lessee.

Alterations and Improvements

Lessee agrees not to make improvements or alterations to the Premises without Owner's prior written consent.

Maintenance

Lessee will, at Lessee's sole expense, keep and maintain the Premises in good, clean, and sanitary condition during this Lease and any renewal. Lessee will promptly advise Owner if the Premises need maintenance or repair.

Assignment and Sublease

Lessee shall not assign or sublease any interest in this Lease.

Security and Responsibility for Loss

Lessee understands that Owner does not provide a security alarm system or other security for the Premises. Lessee's possessions occupy the Premises entirely at Lessee's risk. Lessee releases Owner from any loss, damage, claim, or injury resulting from any casualty. Owner is not responsible for carrying insurance covering Lessee's possessions. Lessee should, at Lessee's own expense, obtain insurance for property stored at the Premises.

Severability

If any part of this Lease is held unenforceable for any reason, the remainder shall continue in full force and effect. If limiting an invalid or unenforceable provision would make it valid, that provision shall be construed as limited.

Binding Effect

The covenants and conditions contained in this Lease shall apply to and bind the Parties and their heirs, legal representatives, successors, and permitted assigns.

Governing Law

This Lease shall be governed by and construed in accordance with the laws of the State of Alabama.

Entire Agreement

This Lease constitutes the entire agreement between the Parties and supersedes any prior understanding or representation preceding its date. There are no other promises, conditions, understandings, or agreements, oral or written, relating to its subject matter. This Lease may be modified in writing and must be signed by Owner and Lessee.

Notice

Any notice required or otherwise given under this Lease shall be in writing and mailed certified return receipt requested, postage prepaid, or delivered by overnight delivery service to the addresses listed in this agreement.

Cumulative Rights

Owner's and Lessee's rights under this Lease are cumulative and shall not be construed as exclusive of each other unless otherwise required by law.

Waiver

The failure of either party to enforce any provision shall not be deemed a waiver or limitation of that party's right to subsequently enforce strict compliance with every provision. Acceptance of rent by Owner does not waive Owner's right to enforce any provision.

IN WITNESS WHEREOF, the Parties have caused this Lease to be executed on the agreement date entered above.

OWNER: PJI LLC

Submitting sends the completed agreement details and a PNG copy of the drawn signature to PJI Mini Storage at [email protected].