1. LESSEE agrees that MADISON MINI STORAGE is hereby given, in addition to such liens and remedies provided by the law to secure and collect rent, a contractual lien against all of LESSEE'S property now or at any time hereafter stored in the leased unit or on the premises.
2. LESSEE shall be in default if it has not paid the stipulated rent, including the $10.00 late charge, or any other sums due MADISON MINI STORAGE, by the 5th day of the month or within five days after any other period for which such payment is due. Upon default, MADISON MINI STORAGE is authorized and shall have the right to place its own locks on the door of the unit immediately upon such default and without notice to LESSEE, provided MADISON MINI STORAGE shall then send notice of default by registered mail or acknowledged hand delivery to LESSEE'S address shown above or to such other address as LESSEE shall later furnish to MADISON MINI STORAGE in writing.
3. Any notice sent to LESSEE pursuant to this section shall state that unless the default is corrected with fifteen (15) days of the notice, MADISON MINI STORAGE shall publish in a local newspaper, once a week for two consecutive weeks, a notice of intent to sell the contents of the unit at a public auction, at a specified time, date, and place. If LESSEE does not pay all stipulated rent, including late fees or any other sums due MADISON MINI STORAGE prior to the time of sale, the contents will be sold and the proceeds of such sale shall first be allocated to MADISON MINI STORAGE to pay the amount owed it, including reasonable cost of such sale and notice thereof, including attorney fees, then to a second month's rent if LESSEE has still not notified MADISON MINI STORAGE of its intention to terminate this agreement, and the balance, If any, to be paid to the LESSEE. LESSEE and MADISON MINI STORAGE hereby specifically agree that, in addition to all other remedies provided herein and by law, the procedures of Florida Statute 83.807 and the Self-Storage Facility Act effective July 1,1982, for the sale of the contents and application of proceeds therefrom shall be also incorporated herein by reference.