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Missouri Month to Month Rental Agreement

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Missouri Month to Month Rental Agreement Page 2
Missouri Month to Month Rental Agreement
Month-to-Month Lease
Page - 2
Tenant __________
2.3 Late Fees. If any amounts due under the Lease are more than ___ days late, Tenant agrees
to pay a late fee of $______.
2.4 Insufficient Funds. Tenant agrees to pay the charge of $______for each check provided
by Tenant to Landlord that is returned to Landlord for lack of sufficient funds.
3. Security Deposit.
3.1 Security Deposit. On execution of this Lease, Tenant shall deposit with Landlord, in trust,
a security deposit of _____________________ ($______) (the “Deposit”) dollars, as security for the
performance of Tenant’s obligations under this Lease. Landlord may (but shall have no obligation to) use
the Deposit or any part thereof to cure any breach or default of Tenant under this Lease, or to compensate
Landlord for any damage as it incurs as a result of Tenant’s failure to perform any of Tenant’s obligations
hereunder. Landlord is not limited to the Deposit to recoup damage costs, and Tenant remains liable for
any balance. Tenant shall not apply or deduct any portion of the Deposit from any month’s rent, including
the last month of the rental term. Tenant shall not use or apply the Deposit in lieu of payment of Rent. If
Tenant breaches any terms or conditions of this Lease, Tenant shall forfeit the Deposit, as permitted by
3.2 Return of Deposit. In the event that Tenant shall fully and faithfully comply with all of
the terms, provisions, covenants and conditions of this Lease, the Deposit shall be returned to Tenant after
the date fixed as the end of the Lease and after delivery of entire possession of the Premises to Landlord.
No interest will be paid on any Security Deposit returned.
4. Default.
4.1 Event of Default. If Tenant defaults in fulfilling any of the covenants of this Lease,
Tenant shall be in default of this Lease. Then, in any one or more of such events, subject to any statute,
ordinance or law to the contrary, and upon Landlord serving a written seven (7) days notice upon Tenant
specifying the nature of said default and upon the expiration of said seven (7) days, if Tenant does not
cure a default of which he has been notified, or if the default cannot be completely cured or remedied in
seven days, Landlord may at Landlord’s option: (i) cure such default and add the cost of such cure to
Tenant’s financial obligations under the Lease; or (ii) declare Tenant in default and terminate the Lease.
4.2 Physical Remedies. If the notice provided for in Section 4.1 has been given, and the term
shall expire as noted, or if Tenant shall make default in the payment of Rent, then Landlord may without
notice, as permitted by law, re-enter the Premises either by force or otherwise, dispossess Tenant by
summary proceedings or otherwise, and retake possession of the Premises. Tenant hereby waives the
service of notice of intention to re-enter or institute legal proceedings to that end.
4.3 Financial Remedies. In the event of any default, re-entry, expiration and/or dispossession
by summary proceedings or otherwise, (i) the Rent shall become due thereupon and be paid up to the time
of such re-entry, dispossession or expiration, together with such expenses Landlord may incur for legal
expenses, attorneys’ fees, brokerage, and/or putting the Premises in good order; (ii) Landlord may re-let
the Premises or any part or parts thereof; and/or (iii) Tenant shall also pay Landlord liquidated damages
Missouri Month to Month Rental Agreement