THIS LEASE AGREEMENT (the "Agreement") is entered into on this, ______________ _____, ________.
BY AND BETWEEN:
I, , as a co-signer understand that I am taking full responsibility for the terms and conditions of the lease agreement (Hereinafter "Lease") between (Hereinafter "Owner") and the Tenant in regard to the located at , (the "Premises"), commencing on .
Should the Tenant fail to comply with all terms and conditions of the lease, immediately upon the breach of said contract, the Owner shall have the right to exercise all remedies contained in the Lease and the laws of the state of , including but not limited to terminating Tenants right of occupancy.
- THE GUARANTEE:
The Co-Signer guarantees, unconditionally and absolutely, the full and faithful performance and observance of all the covenants, terms and conditions of the Lease provided to be performed and observed by Tenant, expressly including, without being limited to, the payment of rent, when due, under the Lease.
- AGREEMENT MODIFICATION:
No modification or waiver of any of the terms of this Agreement shall be allowed unless by written agreement signed by both parties. No waiver of any breach or default hereunder shall be deemed a waiver of any subsequent breach or default of the same or similar nature.
- LEASE MODIFICATION:
If the Lease is modified, renewed or extended, or if the Tenant holds over beyond the term of the Lease, the obligations hereunder of Co-Signer shall extend and apply with respect to the full and faithful performance of all of the covenants, terms and conditions of the Lease and of any such modification, renewal, or extension thereof.
- BINDING EFFECT:
Except as otherwise provided, all of the covenants, conditions and provision of the Agreement shall be deemed waived unless evidencded in writing. A waiver of any one breach shall not be deemed a waiver of any other breach of the same or any other provision of the Note.
Headings are inserted for the convenience of the parties only and are not to be considered when interpreting this Agreement.
The Parties acknowledge that no breach of any provision of the Agreement shall be deemed waived unless evidences in writing. A waiver of any one breach shall not be deemed a waiver of any other breach in the same or any other provision of the Note.
- GOVERNING LAW:
This Agreement is governed by the statutory and case law of the State of . The parties hereby indicate by their signatures below that they have read and agree with the terms and conditions of this Agreement in its entirety.