Standard Lease Agreement Template (Long Form) (Page 2 of 8) in pdf

Church Name: ____________________________________________ Phone Number ____________________

Address _________________________________________________ Fax Number ______________________

Late Payments. Monthly payments not paid within ten (10) days of when due shall

give rise to a late fee of ____________________ Dollars ($______).

Security Deposit. Upon execution of this Lease, Tenant shall pay to Landlord a

security deposit of ____________________ Dollars ($______) to be held by Landlord

throughout the term of the Lease as security for Tenant's performance under the Lease.

If Tenant is in default under this Lease (including but not limited to the failure to pay

rent), Landlord may use, apply, or retain all or any part of the security deposit to cure

the default or to compensate Landlord for all damage sustained by Landlord as a result

of the default, without prejudice to any other remedy. Upon any application of all or

any part of the security deposit resulting from Tenant's default, Tenant shall

immediately on demand pay to Landlord the sum necessary to restore the security

deposit to the original amount provided above. Landlord shall return the security

deposit to Tenant (less any amounts retained by Landlord as permitted herein) within

thirty (30) days after the expiration of the term of this Lease and return of possession

of the Premises to Landlord if, at such time, Tenant has performed all terms,

covenants, and conditions of this Lease. Landlord may commingle the security deposit

with its general and other funds. Tenant shall not be entitled to any interest on the

security deposit.

Possession. Tenant shall be entitled to possession on the first day of the term of this

Lease, and shall yield possession to Landlord on the last day of the term of this Lease,

unless otherwise agreed by both parties in writing.

10.

Use of Premises. Tenant may use the Premises only for the following purposes:

____________________________________________________________________.

Tenant may use the Premises only on the following days and during the following

hours: ____________________________________________. Tenant may not use the

Premises for any other purpose or at any other time without the prior written consent

of Landlord. In addition, Tenant may not use any other portion of Landlord’s facility

at any time without the prior written consent of Landlord. Tenant shall not perform

any acts or carry on any practices that may injure the Premises, or be a waste, or a

nuisance. Tenant shall not make any alterations to the Premises without the prior

written consent of Landlord.

11.

Condition of Property. Tenant has inspected the Premises and hereby accepts the

Premises “AS IS,” in the condition existing as of the date hereof. Tenant

acknowledges that neither Landlord nor any other person has made any representation

or warranty with respect to the Premises or any other portion of the facilities, including

but not limited to the suitability of the Premises or any other portion of the facilities

for the conduct of Tenant's activities. Tenant agrees and acknowledges that Landlord

has no obligation, as a condition to this Lease, to renovate or remodel or to otherwise

construct any tenant improvements or alterations in the Premises.

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Initials: Landlord ____________________ Tenant ____________________

Standard Lease Agreement Template (Long Form) Page 2

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