Common use of CASH RENT (optional) Clause in Contracts

CASH RENT (optional). The Operator agrees to pay the Owner cash rent for the use of part or all of the Real Estate as follows: Description Amount Cropland acres @ $ /acre $ Cropland acres @ $ /acre $ Established hayland acres @ $ /acre $ Pasture acres @ $ /acre $ Pasture, per animal unit month (AUM) @ $ /AUM (to be determined) Buildings and storage structures, housing $ (or at the rate of $ per (bushel, ton, etc.)) Total annual rent $ The cash rent shall be due and payable as follows: Due Date Amount Due Date Amount $ $ $ $ $ $ In the event the cash rent is not paid in full by the due date(s), the Operator agrees to pay interest on the amount of unpaid rent at the rate of % annual percentage rate (APR) from the due date until paid. All cash rent is to be mailed or delivered to the Owner at:

Appears in 6 contracts

Samples: store.extension.iastate.edu, www.extension.iastate.edu, www.extension.iastate.edu

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