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4.2. Late Fees. Lessor shall charge Lessee and Lessee shall pay a late fee of $______
if the monthly rental is not paid by the 5th day after its due date and $______ for each day the
rental payment remains unpaid thereafter.
5. REFUNDABLE DEPOSIT.
Lessee shall pay $_____________ Dollars in advance as a refundable deposit for the
performance of the terms and conditions of this lease. Lessee shall not be entitled to any refund
of the deposit unless the Lessee complies with all provisions of the Lease. Unpaid rent or Late
Fee and any other un-reimbursed expense incurred by Lessor for Lessee’s benefit shall be
deducted from the deposit at the Lease Termination and the balance, if any, returned to Lessee
within _____ days of lease termination.
6.1. Days of Use. Lessee shall be able to use the Horse on the following days and
times during the term of this lease________________________________________________
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