SALEM STORAGE & WAREHOUSE COMPLEX LLC.

$ 3 PER DAY LATE FEE STARTING AFTER THE 5TH DAY OF DELINQUENCY

Returned Check Charge: $ 39.00 (per returned check)

The landlord hereby agrees to lease. and Tenant hereby agrees to rent. the Storage Space stated above and located at SALEM STORAGE & WAREHOUSE COMPLEX 7374 CHUBB Rd. NORTHVILLE, MI. (the "Premises" upon all of the terms and conditions set forth in this Agreement. Tenant further agrees to comply with the Rules and Regulations issued from time to time by the Landlord concerning the use of the Storage Space and conduct on the Premises. Tenant acknowledges that Landlord has a statutory lien upon all personal property. whether or not owned by the Tenant. located in the Storage Space or on the Premises ("Lien" NOTICE: If you fail to make your required payments, you will have to vacate the unit or your property may later be sold at a public sale. Before the sale, you will be notified by first-class mail or by electronic mail of the amount due. The notice will be mailed to your last known address. In order to preserve your right to be notified, it is important that you notify us in writing of any change in your mailing address. Also, you should supply us with the name and address of another person who can reach you if you are not at your mailing address, and we will notify that person at the same time and in the same manner as we notify you. Website for Lien Sale Advertisement: VWW.SALEMSTORAGECOMPLEX.COM

CONDITIONS, RULES, AND REGULATIONS

Rent: Tenant shall pay Landlord the Rent stated above and paid in advance. The initial Rent payment shall be paid on the date of execution of this Agreement. Subsequent payments are due on the Rent Due Date stated above for each calendar month or renewal. No monthly statements or reminders will be sent by Landlord Only renewal term invoices. The tenant understands that Rent is not pro-rated at the time of move-out and a partial month's unused Rent is not refundable. The tenant understands that Rent must be paid in full each month or at Renewal and that Landlord does not accept partial payments. Rent payments made after the Landlord's normal and/or posted office business hours will be credited to the Tenant's account on the next business day. After the expiration of the Initial Term of this agreement, the Landlord has the right to change the Rent or any other charge or fee without notice. 

Charges and Fees: Tenant agrees to pay Landlord the Late Fee stated above if Rent is received five (5) or more days after the Rent Due Date. Tenant agrees to pay Landlord the Returned Check Charge stated above. plus all bank charges for any dishonored or returned check Late Fees will be applied to the Tenant's account each month Tenant's account is delinquent and shall be cumulative. Tenant shall also pay Landlord the Inventory/Sale Preparation Charge stated above to cover the costs incurred in exercising Landlord's Lien rights as provided by law. These fees and charges are considered additional Rent due under this Agreement. Payments made by Tenant will always be applied first to the oldest charges on the Tenant's account. The tenant further agrees to pay all fees as authorized by law.

Tenant Access: Owner's Right to Access: Denial of Access: Tenant's access to the Premises and to the Storage Space may be conditioned in any manner deemed reasonably necessary by the Landlord Such measures may include but are not limited to. limiting hours of operation, requiring verification of Tenant's identity and inspecting vehicles that enter the Premises Tenant grants Landlord or Landlord's agent's access to the Storage Space upon two (2) days advanced written notice to Tenant. In the event of an emergency or nuisance, the Landlord shall have the right to enter the Storage Space without notice to the Tenant and take such action as may be necessary or appropriate to preserve the Storage Space and surrounding Premises, to comply with applicable law or to enforce Landlord's rights. Pursuant to Michigan law, the Landlord may deny Tenant access to the Storage Space when Rent is more than five (5) days past due. If the Tenant does not pay the amount necessary to satisfy the Lien and the reasonable expenses incurred by the Landlord within fourteen (14) days after the delivery of written storage notice Space thereof, or on Tenant's the Premises property will be in the advertised for sale and will be sold at a specified time and place as allowed by law. Prior to advertising the Tenant's property for public sale. the Tenant's lock will be physically removed, or ball lock applied

Termination: This Agreement expires at the end of the Initial Term unless the Landlord agrees to continue this Agreement on a month-to-month basis OR renewal of term. In the event this Agreement becomes a month-to-month Agreement and Tenant wishes to terminate, Tenant must give Landlord at least ten (10) days advanced written notice of terminating this Agreement. Rent must be paid in full before the removal of the vehicle.

Care of the Premises: Tenant, Tenant's agents, employees, invitees, and/or guests, shall maintain the Storage Space in good condition, and the Tenant shall not perform any practices which may injure the asphalt or gravel in the tenant's space. facility or the Premises or be a nuisance or a menace to other tenants and shall keep the Premises surrounding the Lot Space, including driveways, clean and free from rubbish, and other debris at all times. Rubbish shall be removed by Tenant at Tenant's expense. The landlord is not responsible for the removal of property of any nature. Use of the Landlord's dumpster is strictly prohibited. Tenant is responsible for the cost to repair any and all damage to the Storage Space, security gate, and any other part of the Premises caused by Tenant, Tenant's agents, employees, invitees, and/or guests.

Use of Storage Space: The landlord is not engaged in the business of storing goods for hire and no bailment is created under this Agreement. Tenant agrees that Landlord does not exercise care, custody, or control over Tenant's property located in the Storage Space. Tenant agrees to use the Storage Space only for the storage of property wholly owned by Tenant. In no case may Tenant reside in the Storage Space, or store any flammables, stolen property, perishables, hazardous or toxic materials, explosives, ammunition, anything alive or dead, food of any type, collectibles, heirlooms, jewelry, works of art, property having special or sentimental value to Tenant, stolen property. guns or any illegal items. Tenant hereby waives any claim for emotional or sentimental attachment to any property in the Storage Space. The landlord may enter the Storage Space at any time to remove and dispose of any prohibited items at Tenant's expense. Tenant shall not engage in any activity that interferes with the use of the Premises by other Tenants or the Landlord The use of any heating device in the Storage Space is prohibited without the express written consent of the Landlord

 

Hazardous or Toxic Materials Prohibited: Tenant is strictly prohibited from storing or using within the Storage Space or on the Premises any materials classified as hazardous or toxic under any local, state, or federal law or regulation, and from engaging in any activity which produces such materials Tenant's obligations of indemnity under this Agreement specifically include any costs, expenses, fines or penalties imposed against the Landlord arising out of the storage. use or creation of any hazardous material by Tenant, Tenant's agents. employees, invitees, and/or guests. The landlord may enter the Storage Space at any time to remove and dispose of any prohibited items at Tenant's expense.

Property Left on Premises: Landlord may dispose of any property left in the Storage Lot Space or on the Premises by Tenant after this Agreement expires or is terminated Tenant shall be responsible for all costs incurred by Landlord in disposing of such property.

Relocation: Landlord reserves the right to relocate Tenant, without expense to Tenant, to any other Storage Lot Space on the Premises which is of comparable size.

Locks: Tenant agrees to keep the Storage Lot locked after Tenant leaves the Premises. One key is provided. Any additional keys needed due to loss will result in a $10 fee.

Sublease: The tenant shall not assign this Agreement or sublet the Storage Lot Space without the express written approval of the Landlord

Insurance: Tenant, at Tenant's expense, shall maintain an insurance policy in adequate amounts to properly insure all property stored in the Storage Space. Failure to carry such insurance is a breach of this Agreement Tenant assumes all risk of loss to such property.

Severability: If any provision of this Agreement shall be held to be invalid, this Agreement shall be considered to be amended to exclude any such invalid provision and the balance of the Agreement shall be read independently of the invalid provision and shall remain in full force and effect.

Governing Law: This Agreement shall be subject to and governed by the laws of the State of Michigan.

Release of Landlord's Liability for Property Damage: All personal property stored within or upon the Storage Space by Tenant shall be at Tenant's sole risk. Landlord, Landlord's agents, and employees shall not be liable to Tenant and are hereby released from liability, for any loss or damage to Tenant's personal property stored in the Storage Space or on the Premises arising from any cause whatsoever including. but not limited to. burglary. mysterious disappearance, fire, and water damage. rodents, insects, Acts of God. or the acts, omissions, or negligence of the Landlord, Landlord's agents, or employees. Release of Landlord's Liability for Bodily Injury: Landlord, Landlord's agents, and employees shall not be liable to Tenant, Tenant's agents, employees, invitees, and/or guests, and are hereby released from liability, for any injury or death to Tenant, Tenant's agents, employees, invitees and/or guests as a result of Tenant's use of Storage Space or the Premises, even if such injury is caused by the acts, omissions or negligence of the Landlord, Landlord's agents or employees.

Waiver: The failure of the Landlord to enforce any covenant or other provision of this Agreement shall not constitute a waiver of the Landlord's right to do so thereafter. nor shall it give rise to any cause of action or defense on the part of the Tenant.

Survival of Covenants: The payment. indemnity and release of liability provisions hereof shall survive the expiration or termination of this Agreement.

Rules and Regulations: The landlord shall have the right to establish or change the hours of operation for the facility and to issue Rules and Regulations for proper conduct and good order on the Premises. The tenant agrees to comply with all such Rules and Regulations as now in effect, or as may be amended from time to time by Landlord

Indemnification: Tenant agrees to indemnify. hold harmless and defend Landlord and Landlord's agents and employees from all claims. demands, actions, or causes of action (including actual attorney's fees and costs) that are hereinafter asserted against the Landlord or Landlord's agents or employees and arising out of Tenant use of the Storage Space and/or the Premises, including claims for Landlord's negligence, except that Tenant shall not be liable for claims arising out of Landlord's sole negligence.

Entire Agreement: This Agreement contains all of the understandings and agreements between the Landlord and Tenant with respect to the lease or rental of the Storage Space and supersedes and replaces any prior oral or written agreements with respect thereto. Except as otherwise provided herein, the terms of this Agreement may be modified, amended, or supplemented only in writing which has been signed by both Landlord and Tenant.