Please read the following terms carefully.
LAH BOAT STORAGE AGREEMENT
1. Term: Lessor hereby leases to Lessee the storage space located at 2446 CR 355, Justiceburg, Texas 79330 (the "Premises" The lease will start on the date selected above and will continue as a Month to Month or Year-to-Year tenancy until such time as it is terminated by either party. Charges will be automatically charged on the 1st of every month or billed 1st of calendar year. If the lessee leaves after the 1st of the month or year, no refunds will be given.
2. Rent: Lessee agrees to pay $250 month or $2700 year.
3. Termination: Either party may terminate this Lease by providing notice prior to the 1st of the following month to the other party.
4. Use of Premises: Lessee will use the Premises exclusively for the storage of Lessee's possessions. Lessee shall not use the Premises for any illegal or otherwise prohibited activities. No fireworks allowed on premises. No excessive noise after 10 PM.
5. Dangerous or Illegal Materials: Lessee shall not keep or have on or around the Premises any item of a dangerous, flammable, or explosive nature that might unreasonably increase the risk of fire or explosion on or around the Premises or that might be considered hazardous by any responsible insurance company. Lessee shall not keep or have on or around the Premises any illegal items, materials or substances.
6. Security and Liability: Lessee understands that the Lessor does not provide any security system for the Premises. Lessee's possessions will occupy the Premises entirely at the risk of the Lessee. Lessor is not responsible for carrying any insurance covering Lessee's possessions. Lessee should, at his or her own expense, obtain insurance for the possessions stored at the Premises. Lessee releases Lessor from any loss, damage, claim or injury resulting from any casualty on the Premises.
7. Maintenance: Lessee will, at Lessee's sole expense, keep and maintain the Premises in good, clean and sanitary condition during the term of this Lease and any renewal thereof. Lessee will promptly advise Lessor if the Premises are in need of any maintenance or repair.
8. Assignment and Sublease: Lessee shall not assign or sublease any interest in the Lease.
9. Governing Law: This Lease shall be governed by the laws of Texas.
10. Entire Agreement: This Lease contains the entire agreement of the parties.
11. Severability: If any provision of this Lease will be held to be invalid or unenforceable for any reason, the remaining provisions will continue to be valid and enforceable.
12. Amendment: This Lease may be modified or amended in writing, if the writing is signed by the party obligated under the amendment.
13. Waiver of Contractual Rights: The failure of either party to enforce any provision of this Lease shall not be construed as a waiver.