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<br /> Tenant Initials _______ _______
<br /> STANDARD FORM 410-T
<br />Revised 7/2022
<br />© 7/2022
<br />
<br />(f) Termination of Tenant’s Right of Possession: In the event Landlord terminates the Tenant’s right of possession without
<br />terminating this lease, Tenant shall remain liable for the full performance of all the covenants hereof, and Landlord shall use
<br />reasonable efforts to re-let the Premises on Tenant’s behalf. Any such rentals reserved from such re-letting shall be applied first to the
<br />costs of re-letting the Premises and then to the rentals due hereunder. In the event the rentals from such re-letting are insufficient to
<br />pay the rentals due hereunder in full, Tenant shall be liable to the Landlord for any deficiency. In the event Landlord institutes a legal
<br />action against the Tenant to enforce the lease or to recover any sums due hereunder, Tenant agrees to pay Landlord reasonable
<br />attorney’s fees in addition to all other damages.
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<br />18. Landlord’s Default; Limitation of Remedies and Damages: Until the Tenant notifies the Landlord in writing of an
<br />alleged default and affords the Landlord a reasonable time within which to cure, no default by the Landlord in the performance of any
<br />of the promises or obligations herein agreed to by him or imposed upon him by law shall constitute a material breach of this lease and
<br />the Tenant shall have no right to terminate this lease for any such default or suspend his performance hereunder. In no event and
<br />regardless of their duration shall any defective condition of or failure to repair, maintain, or provide any area, fixture or facility used in
<br />connection with recreation or recreational activities, including but not limited to swimming pools, club houses, and tennis courts,
<br />constitute a material breach of this lease and the Tenant shall have no right to terminate this lease or to suspend his performance
<br />hereunder. In any legal action instituted by the Tenant against the Landlord, the Tenant’s damages shall be limited to the di fference, if
<br />any, between the rent reserved in this lease and the reasonable rental value of the Premises, taking into account the Landlord’s breach
<br />or breaches, and in no event, except in the case of the Landlord’s willful or wanton negligence, shall the Tenant collect any
<br />consequential or secondary damages resulting from the breach or breaches, including but not limited to the following items: damage or
<br />destruction of furniture or other personal property of any kind located in or about the Premises, moving expenses, storage expenses,
<br />alternative interim housing expenses, and expenses of locating and procuring alternative housing.
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<br /> 19. Bankruptcy: If any bankruptcy or insolvency proceedings are filed by or against the Tenant or if the Tenant makes any
<br />assignment for the benefit of creditors, the Landlord may, at his option, immediately terminate this Tenancy, and reenter and repossess
<br />the Premises, subject to the provisions of the Bankruptcy Code (11 USC Section 101, et. seq.) and the order of any court having
<br />jurisdiction thereunder.
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<br /> 20. Tenant’s Insurance; Release and Indemnity Provisions:
<br /> (a) Personal Property Insurance (Tenant initial if applicable* ):
<br />_______ _______ Tenant shall be required to obtain and maintain throughout the term of the tenancy a renter’s insurance polic y,
<br />which policy shall, without cost to Landlord or Agent, name Landlord and Agent as an additional insured, and to promptly provide
<br />Landlord evidence of such insurance upon Landlord’s request. In addition to coverage for damage or loss to Tenant’s personal
<br />property in such amount as Tenant may determine, the policy shall include coverage for bodily injury and property damage for which
<br />Tenant may be liable in the amount of ____________________________________________________________________________.
<br />*If not initialed, Tenant shall not be required to obtain a renter’s insurance policy
<br /> (b) Whether or not Tenant is required to obtain a renter’s insurance policy, Tenant shall be solely responsible for insuring any
<br />of his personal property located or stored upon the Premises upon the risks of damage, destruction, or loss resulting from theft, fire,
<br />storm and all other hazards and casualties. Regardless of whether the Tenant secures such insurance, the Landlord and his agents shall
<br />not be liable for any damage to, or destruction or loss of, any of the Te nant’s personal property located or stored upon the Premises
<br />regardless of the cause or causes of such damage, destruction, or loss, unless such loss or destruction is attributable to the intentional
<br />acts or willful or wanton negligence of the Landlord.
<br /> (c) The Tenant agrees to release and indemnify the Landlord and his agents from and against liability for injury to the person
<br />of the Tenant or to any members of his household resulting from any cause whatsoever except only such personal injury caused by the
<br />negligent, or intentional acts of the Landlord or his agents.
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<br /> 21. Agent: The Landlord and the Tenant acknowledge that the Landlord may, from time to time in his discretion, engage a
<br />third party (“the Agent”) to manage, supervise and operate the Pr emises or the complex, if any, of which they are a part. If such an
<br />Agent is managing, supervising and operating the Premises at the time this lease is executed, his name will be shown as “Agent” on
<br />the first page hereof. With respect to any Agent engaged pursuant to this paragraph, the Landlord and the Tenant hereby agree that:
<br />(1) Agent acts for and represents Landlord in this transaction; (2) Agent shall have only such authority as provided in the management
<br />contract existing between the Landlord and Agent; (3) Agent may perform without objection from the Tenant, any obligation or
<br />exercise any right of the Landlord imposed or given herein or by law and such performance shall be valid and binding, if authorized
<br />by the Landlord, as if performed by the Landlord; (4) the Tenant shall pay all rents to the Agent if directed to do so by the Landlord;
<br />(5) except as otherwise provided by law, the Agent shall not be liable to the Tenant for the nonperformance of the obligations or
<br />promises of the Landlord contained herein; (6) nothing contained herein shall modify the management contract existing between the
<br />Landlord and the Agent; however, the Landlord and the Agent may from time to time modify the management agreement in any
<br />manner which they deem appropriate; (7) the Landlord, may, in his discretion and in accordance with any management agreement,
<br />remove without replacing or remove and replace any agent engaged to manage, supervise and operate the Premises.
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<br /> 22. Form: The Landlord and Tenant hereby acknowledge that their agreement is evidenced by this form contract which may
<br />contain some minor inaccuracies when applied to the particular factual setting of the parties. The Landlord and Tenant agree that the
<br />courts shall liberally and broadly interpret this lease, ignoring minor inconsistencies and inaccuracies, and that the courts shall apply
<br />2,000,000 per standard OC policy
<br />dotloop signature verification: dtlp.us/Mcl7-eeDn-RaV0
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<br /> DocuSign Envelope ID: 37E6FC08-EFB2-4BED-84D4-D670E87CC3BC
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