#+TITLE: Lease Agreement
#+AUTHOR: FJC Trust, 101 Harkness Circle, Durham NC 27705
#+DATE: 2019-02-08
#+OPTIONS: toc:nil num:nil ':nil title:nil
#+macro: start-date March 18th, 2019
#+macro: end-date March 1st, 2020
#+macro: tenant-name Matthew Farley
#+macro: unit 305
#+MACRO: nl @@latex:\\@@ @@html:<br>@@ @@ascii:|@@
#+LATEX_HEADER: \usepackage{fancyhdr}
#+LATEX_HEADER: \pagestyle{fancyplain}
#+LATEX_HEADER: \chead{Lease Agreement between FJC Trust and Matthew Farley}
#+LATEX_HEADER: \lhead{}
#+LATEX_HEADER: \rhead{}
#+LATEX_HEADER: \lfoot{TENANT Initials: }
#+LATEX_HEADER: \rfoot{LANDLORD Initials: }
* Lease Agreement
This property rental agreement (hereinafter "AGREEMENT") is entered
into on {{{start-date}}} by and between:

The Landlord: Francis and Jenny Chan, Trustees and building owners,
hereinafter "LANDLORD"

and Tenant, {{{tenant-name}}}, hereinafter "TENANT"

in regards to the premises 115 N. Merritt Mill Road, Unit {{{unit}}},
Chapel Hill 27516, hereinafter "PREMISES."

LANDLORD desires to lease the premises to TENANT upon the terms and
conditions as contained herein; and TENANT desires to lease the
PREMISES from LANDLORD on the terms and conditions contained herein.
The LANDLORD and TENANT do hereby agree to abide by the terms set out
in this AGREEMENT.

** Term
LANDLORD leases to TENANT and TENANT lease from LANDLORD the above
described PREMISES for a term of one (1) year, beginning on
{{{start-date}}} and ending at twelve o'clock (12:00) midnight on
{{{end-date}}}.  TENANT agrees to provide LANDLORD with thirty (30)
days WRITTEN NOTICE to vacate PREMISES in order to leave in good
standing with LANDLORD.

** Rent
Monthly rent amount of six-hundred eighty-five dollars ($685.00) is due
and payable on the first (1st) day of each month.  Payments are to be
delivered to the mailbox adjacent to Unit 104 and should be made in
full by personal check or money order.  There will be a $35 change on
all returned checks.  Exceptions to the above may be made by LANDLORD
for infrequent emergencies, but only if a personal request is made
before the first day of the month by TENANT.

** Late Charges
In the event that rent is not received by the fifth (5th) day of the
month by 5:30pm, a late charge of thirty-five dollars ($35.00) will be
added to the rent amount due.

** Security Deposit
Upon the due execution of this AGREEMENT, TENANT shall deposit with
LANDLORD the sum of six-hundred eighty-five dollars ($685) receipt of
which is hereby acknowledged by LANDLORD, as security for all damage
caused to PREMISES during term hereof. Such deposit shall be returned
to TENANT without interest and less any fees for damages to PREMISES
after TENANT vacates PREMISES.  UNDER NO CIRCUMSTANCES WILL TENANT BE
ALLOWED TO USE SECURITY DEPOSIT AS A RENT PAYMENT.
** Default
If TENANT fails to comply with any of the material provisions of this
AGREEMENT, other than the covenant to pay rent, or of any present
rules and regulations or any that may be hereafter prescribed by
LANDLORD, or materially fails to comply with any duties imposed on
TENANT by statue, within seven (7) days thereafter, LANDLORD may, at
LANDLORD's option, declare the entire balance of rent payable
hereunder to be immediately due and payable and may exercise any and
all rights and remedies available to LANDLORD at law or in equity or
may immediately terminate this AGREEMENT.

** Use of PREMISES
The PREMISES shall be used and occupied by TENANT exclusively, as a
private single-person dwelling.  Subletting or subleasing is not
permitted under any circumstances.

** Conditions of PREMISES
TENANT stipulates, represents and warrants that TENANT has examined
the PREMISES and that they are at the time of this AGREEMENT in good
order, repair, and in a safe, clean habitable condition.

** Insurance
TENANT acknowledges that LANDLORD's insurance does not cover personal
property damage caused by fire, theft, rain, war, acts of God, acts of
others, and/or any other causes, nor shall LANDLORD be held liable for
such loses.  TENANT is hereby advised to obtain their own insurance
policy to cover personal losses.

** Alterations
TENANT shall not paint, wallpaper, alter or redecorate, change or
install locks, install antenna or other equipment, or use screws or
large nails on or in the PREMISES.

** Hazardous Materials
TENANT shall not keep on PREMISES any item of a dangerous, flammable,
ore explosive character that might unreasonably increase the danger of
fire or explosion on the PREMISES or that might be considered
hazardous or extra hazardous by any responsible insurance company.

** Utilities
TENANT shall be responsible for paying electric service to Duke Energy
(1-800-777-9898).  LANDLORD provides water and trash service.  TENANT
is encouraged to use water sparingly, and is not allowed to wash any
vehicle on the PREMISES.  TENANT is encouraged to make use of provided
recycling bins.  Absolutely no corrugated board is allowed in
dumpster.

** Liquid-Filled Furnishings
No liquid-filled furniture or receptacle containing more than 10 gallons
of liquid is permitted on the PREMISES at any time.

** Pets
No animal, fowl, and/or pet of any kind shall be kept on or about the
PREMISES, for any amount of time.

** Locked Apartment
There will be a charge of twenty-five dollars ($25) to unlock any
apartment after normal business hours.

** Parking
TENANT is allowed one (1) parking space on the PREMISES for personal
vehicle.  Guests are invited to park in the free municipal lot located
across W. Rosemary Street.

** Maintenance and Repair Rules
TENANT will keep and maintain the PREMISES in good and sanitary
condition and repair during the term of this AGREEMENT and any renewal
thereof.  Without limiting the generality of the foregoing, TENANT
shall:

1) Not obstruct the driveways, sidewalks, courts, entryways, stairs
   and/or halls, which shall be used for the purpose of ingress and
   egress only.
2) Not perform any vehicle maintenance on PREMISES.
3) Not store/abandon any vehicle not in running/driving condition.
4) Keep all windows, mirrors, window coverings, doors, locks, and
   hardware in good clean order and repair.
5) Not leave windows or doors in an open position during inclement weather.
6) Not hang any laundry, clothing, sheets, etc., from any window,
   rails, porch or balcony nor air or dry any of the same within any
   yard area or space.
7) Not cover or block the air condition and heating vents with
   furniture or drapes.
8) Keep all lavatories, sinks, drains, toilets, and all other water
   and plumbing apparatus in good order and repair and shall use the
   same only for the purposes for which they were constructed.  TENANT
   shall not allow any sweepings, rubbish, sand, rags, ashes or other
   substances to be thrown or deposited therein.  Any damage to any
   such apparatus and the cost of clearing and repairing any plumbing
   resulting from misuse shall be borne by TENANT.
9) TENANT and family and guests shall at all times maintain order in
   the PREMISES and at all places on the PREMISES, and shall not make
   or permit any loud or improper noise, or otherwise disturb other
   residents.
10) Not engage in any illegal activities on the PREMISES.
11) Keep all radios, televisions, stereos, etc., at a level of sound
    that does not disturb or interfere with other residents,
    especially between the hours of 10:00pm and 7:00am.

** Destruction of Premises
If the PREMISES become totally or partially destroyed and
uninhabitable during the term of this AGREEMENT so that TENANT's use
is seriously impaired, LANDLORD or TENANT may terminate this AGREEMENT
immediately upon three (3) days WRITTEN NOTICE to the other.

** Inspection of Premises
LANDLORD and building manager shall have the right at all reasonable
times during the term of this AGREEMENT and any renewal thereof to
enter the PREMISES for the purpose of making repairs, additions or
alterations as may be deemed appropriate by LANDLORD for the
preservation of the PREMISES or building.

** Lease Expiration
If TENANT remains in possession of the PREMISES with the consent of
the LANDLORD after the natural expiration of this AGREEMENT, a new
tenancy from month-to-month shall be created between LANDLORD and
TENANT which shall be subject to all of the terms and conditions of
this AGREEMENT, except that such tenancy shall be terminated upon
thirty (30) days written notice served by either party.

** Surrender of Premises
Upon the expiration of the term hereof, TENANT shall surrender the
PREMISES in as good a state and condition as they were at the
commencement of this AGREEMENT, with the exception of reasonable use
and wear and tear thereof and damages by the elements.

** Indemnification
LANDLORD shall not be liable for any damage or injury of or to the
TENANT, TENANT's family, guests, invitees, agents or employees or to
any person entering the PREMISES or the building of which the PREMISES
are a part; and TENANT hereby agrees to indemnify, defend, and hold
LANDLORD harmless from any and all claims or assertions of every kind
and nature.

** Eviction for Objectionable Conduct
If TENANT violates any other terms or conditions of this AGREEMENT or
fails to perform any other promise, duty or obligation herein agreed
to by the TENANT or imposed upon the TENANT by law, then in any of
such events and as often as any of them may occur, the LANDLORD, in
addition to all other rights and remedies provided by law, may with or
without notice to the TENANT, either terminate this AGREEMENT or
terminate the TENANT"s right to possession of the PREMISES without
terminating the AGREEMENT.

** Partial Invalidity
Nothing contained in this AGREEMENT shall be construed as waiving any
of the LANDLORD's or TENANT's rights under the law.  If any of this
AGREEMENT shall be in conflict with the law, that part shall be void
to the extent that it is in conflict, but shall not invalidate this
AGREEMENT or affect the validity of or ability to enforce any other
provisions of this AGREEMENT.

** Abandonment
If at any time during the term of this AGREEMENT the TENANT abandons
the PREMISES or any part thereof, LANDLORD may, at LANDLORD's option,
obtain possession of the PREMISES in the manner provided by law, and
without becoming liable to the TENANT for damages or any payment of any
kind whatsoever.  LANDLORD may, at LANDLORD's discretion, as agent for
TENANT, re-let the PREMISES or any part thereof, for the whole or ay
part of the unexpired term, and may receive and collect all rent
payable by virtue of such a reletting.  If LANDLORD's right of reentry
is exercised following abandonment of the PREMISES by TENANT, then
LANDLORD shall consider any personal property belonging to TENANT and
left on the PREMISES to also have been abandoned, in which case
LANDLORD may dispose of all personal property in any manner LANDLORD
shall deem proper and LANDLORD is hereby relieved of all liability for
doing so.

** Attorney Fees
Should it become necessary to employ an attorney to enforce any of the
conditions or covenants hereof, including the collection of rentals
and gaining possession of the PREMISES, TENANT agrees to pay all
expenses so incurred, including reasonable attorney's fees.

** Report to Credit/Tenant Agencies
TENANT is hereby notified that a nonpayment, late payment, or breach
of any of the terms of this AGREEMENT may be submitted/reported to a
credit and/or tenant reporting agency, and may create a negative
credit record.

** Entire Agreement
This AGREEMENT constitutes the entire AGREEMENT between LANDLORD and
TENANT.  No oral agreements have been entered into, and all
modifications or notices shall be in writing to be valid.
** Signatures
*** LANDLORD
Signature: \rule{8cm}{0.5pt}
{{{nl}}}{{{nl}}}
Print: \rule{8cm}{0.5pt}
{{{nl}}}{{{nl}}}
Date: \rule{8cm}{0.5pt}
*** TENANT
Signature: \rule{8cm}{0.5pt}
{{{nl}}}{{{nl}}}
Print: \rule{8cm}{0.5pt}
{{{nl}}}{{{nl}}}
Date: \rule{8cm}{0.5pt}