Contractual Lien. Lessor shall have and is hereby granted a lien upon all nonexempt property of any kind (expressly including the manufactured home) found or located on the leased premises to secure payment of rent due or to become due under this lease. If Lessee is delinquent in payment of any rental due under this lease, Lessor shall have the right to enter peacefully the premises, manufactured home, or storage facilities to exercise Lessor's contractual lien. Lesse's absence from the premises for three consecutive days while all or any portion of the rentals or other sums due under this lease are delinquent shall be deemed an abandonment of the premises. In order to clear such abandoned premises, Lessor may enter the premises, manufactured home and storage facilities to remove and store all property of every kind found therein. Lessor may impose reasonable charges for storing seized or abandoned property and may sell the same at a private or public sale after thirty (30) days written notice to Lessee of the time and place of such sale, and Lessor shall have the right to become purchaser upon being the highest bidder at such sale; the notice shall be deemed to have been given at the time of placing such notice in the U.S. mails, postage prepaid, certified, or registered mail to Lessee at the street or post office address hereinabove set forth. Sale shall be to the highest cash bidder and the proceeds thereof shall be first credited to the cost of seizure, storage and sale and then to the delinquent rentals or other sums due Lessor; if any sale proceeds then remain such shall be held by Lessor for Lessee and Lessor shall notify Lessee of such surplus monies in the same manner required for notice of the sale. It is expressly agreed that all of the lien provisions of this paragraph and the procedures contemplated thereby shall be available to, and may be done by, Lessor without the necessity of any prior court hearing, proceeding or order. Lessor shall have no liability to Lessee whatsoever for any acts or actions taken or performed pursuant to the provisions of this paragraph.
Appears in 2 contracts
Sources: Manufactured Home & Space Lease Agreement, Manufacturing Agreements
Contractual Lien. Lessor shall have and is hereby granted a lien upon all nonexempt property of any kind (expressly including the manufactured home) found or located on the leased premises Premises to secure payment of rent due or to become due under this lease. If Lessee is delinquent in payment of any rental due under this lease, Lessor shall have the right to enter peacefully the premisesPremises, manufactured home, or storage facilities to exercise Lessor's ’s contractual lien. Lesse's ▇▇▇▇▇▇’s absence from the premises Premises for three (3) consecutive days while all or any portion of the rentals or other sums due under this lease are delinquent shall be deemed an abandonment of the premises. In order to clear such abandoned premisesmanufactured home, Lessor may enter the premises, manufactured home and storage facilities to remove and store all property of every kind found therein. Lessor may impose reasonable charges for storing seized or abandoned property and may sell the same at a private or public sale after thirty (30) 30 days written notice to Lessee of the time and place of such sale, and Lessor Lessee shall have the right to become purchaser upon being the highest bidder at such sale; the notice shall be deemed to have been given at the time of placing such notice in the U.S. US mails, postage prepaid, certified, certified or registered mail to Lessee at the street or post office address hereinabove set forth. Sale shall be to the highest cash bidder and the proceeds thereof shall be first credited to the cost of seizure, storage storage, and sale and then to the delinquent rentals or other sums due Lessor; if . If any sale proceeds proceeds, then remain such shall be held by Lessor for Lessee and Lessor shall notify Lessee of such surplus monies in the same manner required for notice of the sale. It is expressly agreed that all of the lien provisions of this paragraph and the procedures contemplated thereby shall be available to, and may be done by, Lessor without the necessity of any prior court hearing, proceeding or order. Lessor shall have no liability to Lessee whatsoever for any acts or actions taken or performed pursuant to the provisions of this paragraph.
Appears in 1 contract
Contractual Lien. Lessor shall have and is hereby granted a lien upon all nonexempt non-exempt property of any kind (expressly including the manufactured home) found or located on the leased premises to secure payment of rent due or to become due under this lease. If Lessee is delinquent in payment of any rental due under this lease, Lessor shall have the right to enter peacefully the premises, manufactured home, or storage facilities to exercise Lessor's ’s contractual lien. Lesse's ▇▇▇▇▇▇’s absence from the premises for three consecutive days while all or any portion of the rentals or other sums due under this lease are delinquent shall be deemed an abandonment of the premises. In order to clear such abandoned premises, Lessor may must enter the premises, manufactured home and storage facilities to remove and store all property of every kind found therein. Lessor may impose reasonable charges for storing seized or abandoned property and may sell the same at a private or public sale after thirty (30) days written notice to Lessee of the time and place of such sale, and Lessor shall have the right to become purchaser upon being the highest bidder at such sale; the notice shall be deemed to have been given at the time of placing such notice in the U.S. mails, postage prepaid, certified, or registered mail to Lessee at the street or of post office address hereinabove set forth. Sale shall be to the highest cash bidder and the proceeds thereof shall be first credited to the cost of seizure, storage storage, and sale and then to the delinquent rentals or other sums due Lessor; if any sale proceeds then remain such shall be held by Lessor for Lessee and Lessor shall notify Lessee of such surplus monies in the same manner required for notice of the sale. It is expressly agreed that all of the lien provisions of this paragraph and the procedures contemplated thereby shall be available to, and may be done by, Lessor without the necessity of any prior court hearing, proceeding or order. Lessor shall have no liability to Lessee whatsoever for any acts or actions taken or performed pursuant to the provisions of this paragraph.
Appears in 1 contract
Sources: Lot Lease Agreement
Contractual Lien. Lessor shall have and All personal property on the Premises (except property exempt by Section 54.042 of the Texas Property Code) is hereby granted subjected to a contractual lien upon all nonexempt property in favor of any kind (expressly including the manufactured home) found or located on the leased premises Landlord to secure payment of rent due or to become due under this lease. If Lessee is delinquent in payment of any rental due under this lease, Lessor shall have the right to enter peacefully the premises, manufactured home, or storage facilities to exercise Lessor's contractual lien. Lesse's absence from the premises for three consecutive days while all or any portion of the rentals or other sums due under this lease are delinquent shall be deemed an abandonment of the premisesrent. In order to clear such abandoned premisesenforce said lien, Lessor Landlord, or its representative, may peacefully enter the premises, manufactured home Premises and storage facilities to remove and store all non-exempt property of every kind found therein. Lessor may impose Landlord shall be entitled to reasonable charges for packing, removing and storing seized or abandoned property and taken hereunder. If Tenant is not present when property is removed hereunder, written notice of Landlord's entry shall be left at the Premises. Landlord may sell the same all property subject to Landlord's lien at a public or private or public sale after giving Tenant thirty (30) days written notice to Lessee by certified mail of the time and place of such sale, and Lessor shall have the right sale to become purchaser upon being the highest bidder at such sale; the notice shall be deemed to have been given at the time of placing such notice in the U.S. mails, postage prepaid, certified, or registered mail to Lessee at the street or post office address hereinabove set forthTenant's last known address. Sale shall be to the highest cash bidder and Landlord shall credit the proceeds thereof shall be first credited to all costs and expenses incident to the cost of seizureremoval, storage and sale of the property, then rent due and then to the delinquent rentals or other sums due Lessor; if any sale proceeds then remain such excess shall be held mailed to Tenant at such address as Tenant may furnish. The foregoing lien rights may be exercised by Lessor for Lessee and Lessor shall notify Lessee of such surplus monies Landlord with or without resort to judicial proceedings. The contractual lien provided herein is in the same manner required for notice of the sale. It is expressly agreed that all of the lien provisions of this paragraph and the procedures contemplated thereby shall be available addition to, and may be done bynot in lieu of, Lessor without the necessity of any prior court hearing, proceeding landlord's or orderother lien provided by law. Lessor 24. RELEASE OF TENANT: Tenant shall have no liability to Lessee whatsoever rights of release hereunder. 25. MULTIPLE TENANTS: Each Tenant and each Tenant's share of the total security deposit is jointly and severally liable for any acts or actions taken or performed all obligations and sums due pursuant to the provisions this lease agreement A lease violation by one Tenant is a violation by all Tenants. Notice by Landlord to one Tenant is notice to all Tenant. Entry permission or service request from one Tenant shall be from all Tenants. Security deposit refund may be in one check jointly payable to all Tenants and such refund check and itemization of this paragraphdeduction (if applicable) may be mailed to one Tenant only.
Appears in 1 contract
Sources: Commercial Lease Agreement
Contractual Lien. Lessor shall have and is hereby granted a lien upon all nonexempt non-exempt property of any kind (expressly including the manufactured home) found or located on the leased premises to secure payment of rent due or to become due under this lease. If Lessee is delinquent in payment of any rental due under this lease, Lessor shall have the right to enter peacefully the premises, manufactured home, or storage facilities to exercise Lessor's lessor’s contractual lien. Lesse's Lessee’s absence from the premises for three consecutive days while all or any portion of the rentals or other sums due under this lease are delinquent shall be deemed an abandonment of the premises. In order to clear such abandoned premises, Lessor may enter the premises, manufactured home and storage facilities to remove and store all property of every kind found therein. Lessor may impose reasonable charges for storing seized or abandoned property and may sell the same at a private or public sale after thirty (30) days written notice to Lessee of the time and place of such sale, and the Lessor shall have the right to become the purchaser upon being the highest bidder at such sale; the notice shall be deemed to have been given at the time of placing such notice in the U.S. mails, postage prepaid, certified, or registered mail to Lessee at the street or post office address hereinabove set forth. Sale shall be to the highest cash bidder and the proceeds thereof shall be first credited to the cost of seizure, storage and sale and then to the delinquent rentals or other sums due to Lessor; if any sale proceeds then remain such shall be held by Lessor for Lessee and Lessor shall notify Lessee of such surplus monies in the same manner required for notice of the sale. It is expressly agreed that all of the lien provisions of this paragraph and the procedures contemplated thereby shall be available to, and may be done by, Lessor without the necessity of any prior court hearing, proceeding proceeding, or order. Lessor shall have no liability to Lessee whatsoever for any acts or actions taken or performed pursuant to the provisions of this paragraph.
Appears in 1 contract
Sources: Space Lease Agreement
Contractual Lien. Lessor THE TABLE AT MADELEY shall have and is hereby granted a lien upon all nonexempt non-exempt property of any kind (expressly including the manufactured home) found or located on the leased premises to secure payment of rent due or to become due under this lease. If Lessee is delinquent in payment of any rental Monthly Rental due under this lease, Lessor THE TABLE AT MADELEY shall have the right to enter peacefully the premises, manufactured home, or storage facilities Food Truck to exercise Lessor's THE TABLE AT ▇▇▇▇▇▇▇’s contractual lien. Lesse's ▇▇▇▇▇▇’s absence from the premises for three consecutive days while all or any portion of the rentals Monthly Rentals or other sums due under this lease are delinquent shall be deemed an abandonment of the premisesPremises. In order to clear such abandoned premises, Lessor THE TABLE AT MADELEY may enter the premises, manufactured home and storage facilities Food Truck to remove and store all property of every kind found therein. Lessor THE TABLE AT MADELEY may impose reasonable charges for storing seized or abandoned property and may sell the same at a private or public sale after thirty (30) days written notice to Lessee of the time and place of such sale, and Lessor THE TABLE AT MADELEY shall have the right to become purchaser upon being the highest bidder at such sale; the notice shall be deemed to have been given at the time of placing such notice in the U.S. mailsmail, postage prepaid, certified, or registered mail to Lessee at the street or post office address hereinabove set forth. Sale shall be to the highest cash bidder and the proceeds thereof shall be first credited to the cost of seizure, storage and sale and then to the delinquent rentals or other sums due LessorTHE TABLE AT MADELEY; if any sale proceeds then remain such shall be held by Lessor THE TABLE AT MADELEY for Lessee and Lessor THE TABLE AT MADELEY shall notify Lessee of such surplus monies in the same manner required for notice of the sale. It is expressly agreed that all of the lien provisions of this paragraph and the procedures contemplated thereby shall be available to, and may be done by, Lessor THE TABLE AT MADELEY without the necessity of any prior court hearing, proceeding or order. Lessor THE TABLE AT MADELEY shall have no liability to Lessee whatsoever for any acts or actions taken or performed pursuant to the provisions of this paragraph.
Appears in 1 contract
Sources: Food Truck Space Lease Agreement
Contractual Lien. Lessor shall have and is hereby granted a lien upon all nonexempt non-exempt property of any kind (expressly including the manufactured home) found or located on the leased premises to secure payment of rent due or to become due under this lease. If Lessee is delinquent in payment of any rental due under this lease, Lessor shall have the right to enter peacefully the premises, manufactured home, or storage facilities to exercise Lessor's ’s contractual lien. Lesse's Lessee’s absence from the premises for three consecutive days while all or any portion of the rentals or other sums due under this lease are delinquent shall be deemed an abandonment of the premises. In order to clear such abandoned premises, Lessor may must enter the premises, manufactured home and storage facilities to remove and store all property of every kind found therein. Lessor may impose reasonable charges for storing seized or abandoned property and may sell the same at a private or public sale after thirty (30) days written notice to Lessee of the time and place of such sale, and Lessor shall have the right to become purchaser upon being the highest bidder at such sale; the notice shall be deemed to have been given at the time of placing such notice in the U.S. mails, postage prepaid, certified, or registered mail to Lessee at the street or of post office address hereinabove set forth. Sale shall be to the highest cash bidder and the proceeds thereof shall be first credited to the cost of seizure, storage storage, and sale and then to the delinquent rentals or other sums due Lessor; if any sale proceeds then remain such shall be held by Lessor for Lessee and Lessor shall notify Lessee of such surplus monies in the same manner required for notice of the sale. It is expressly agreed that all of the lien provisions of this paragraph and the procedures contemplated thereby shall be available to, and may be done by, Lessor without the necessity of any prior court hearing, proceeding or order. Lessor shall have no liability to Lessee whatsoever for any acts or actions taken or performed pursuant to the provisions of this paragraph.
Appears in 1 contract
Contractual Lien. Lessor 403 EATS shall have and is hereby granted a lien upon all nonexempt non- exempt property of any kind (expressly including the manufactured home) found or located on the leased premises to secure payment of rent due or to become due under this lease. If Lessee is delinquent in payment of any rental due under this lease, Lessor 403 EATS shall have the right to enter peacefully the premises, manufactured home, or storage facilities Food Truck to exercise Lessor's 403 EATS’s contractual lien. Lesse's Lessee’s absence from the premises for three consecutive days while all or any portion of the rentals or other sums due under this lease are delinquent shall be deemed an abandonment of the premises. In order to clear such abandoned premises, Lessor 403 EATS may enter the premises, manufactured home and storage facilities Food Truck to remove and store all property of every kind found therein. Lessor 403 EATS may impose reasonable charges for storing seized or abandoned property and may sell the same at a private or public sale after thirty (30) days written notice to Lessee of the time and place of such sale, and Lessor 403 EATS shall have the right to become purchaser upon being the highest bidder at such sale; the notice shall be deemed to have been given at the time of placing such notice in the U.S. mailsmail, postage prepaid, certified, or registered mail to Lessee at the street or post office address hereinabove set forth. Sale shall be to the highest cash bidder and the proceeds thereof shall be first credited to the cost of seizure, storage and sale and then to the delinquent rentals or other sums due Lessor403 EATS; if any sale proceeds then remain such shall be held by Lessor 403 EATS for Lessee and Lessor 403 EATS shall notify Lessee of such surplus monies in the same manner required for notice of the sale. It is expressly agreed that all of the lien provisions of this paragraph and the procedures contemplated thereby shall be available to, and may be done by, Lessor 403 EATS without the necessity of any prior court hearing, proceeding or order. Lessor 403 EATS shall have no liability to Lessee whatsoever for any acts or actions taken or performed pursuant to the provisions of this paragraph.
Appears in 1 contract
Sources: Food Truck Space Lease Agreement
Contractual Lien. Lessor shall have and is hereby granted a lien upon all nonexempt non- exempt property of any kind (expressly including the manufactured home) found or located on the leased premises to secure payment of rent due or to become due under this lease. If Lessee is delinquent in payment of any rental due under this lease, Lessor shall have the right to enter peacefully the premises, manufactured home, or storage facilities to exercise Lessor's ’s contractual lien. Lesse's Lessee’s absence from the premises for three consecutive days while all or any portion of the rentals or other sums due under this lease are delinquent shall be deemed an abandonment of the premises. In order to clear such abandoned premises, Lessor may enter the premises, manufactured home and storage facilities to remove and store all property of every kind found therein. Lessor may impose reasonable charges for storing seized or abandoned property and may sell the same at a private or public sale after thirty (30) days written notice to Lessee of the time and place of such sale, and Lessor shall have the right to become purchaser upon being the highest bidder at such sale; the notice shall be deemed to have been given at the time of placing such notice in the U.S. mailsmail, postage prepaid, certified, or registered mail to Lessee at the street or post office address hereinabove set forth. Sale shall be to the highest cash bidder and the proceeds thereof shall be first credited to the cost of seizure, storage and sale and then to the delinquent rentals or other sums due Lessor; if any sale proceeds then remain such shall be held by Lessor for Lessee and Lessor shall notify Lessee of such surplus monies in the same manner required for notice of the sale. It is expressly agreed that all of the lien provisions of this paragraph and the procedures contemplated thereby shall be available to, and may be done by, Lessor without the necessity of any prior court hearing, proceeding or order. Lessor shall have no liability to Lessee whatsoever for any acts or actions taken or performed pursuant to the provisions of this paragraph.. _ _
Appears in 1 contract
Sources: Manufacturing Agreements
Contractual Lien. Lessor 403 EATS shall have and is hereby granted a lien upon all nonexempt non-exempt property of any kind (expressly including the manufactured home) found or located on the leased premises to secure payment of rent due or to become due under this lease. If Lessee is delinquent in payment of any rental due under this lease, Lessor 403 EATS shall have the right to enter peacefully the premises, manufactured home, or storage facilities Food Truck to exercise Lessor's 403 EATS’s contractual lien. Lesse's Lessee’s absence from the premises for three consecutive days while all or any portion of the rentals or other sums due under this lease are delinquent shall be deemed an abandonment of the premises. In order to clear such abandoned premises, Lessor 403 EATS may enter the premises, manufactured home and storage facilities Food Truck to remove and store all property of every kind found therein. Lessor 403 EATS may impose reasonable charges for storing seized or abandoned property and may sell the same at a private or public sale after thirty (30) days written notice to Lessee of the time and place of such sale, and Lessor 403 EATS shall have the right to become purchaser upon being the highest bidder at such sale; the notice shall be deemed to have been given at the time of placing such notice in the U.S. mailsmail, postage prepaid, certified, or registered mail to Lessee at the street or post office address hereinabove set forth. Sale shall be to the highest cash bidder and the proceeds thereof shall be first credited to the cost of seizure, storage and sale and then to the delinquent rentals or other sums due Lessor403 EATS; if any sale proceeds then remain such shall be held by Lessor 403 EATS for Lessee and Lessor 403 EATS shall notify Lessee of such surplus monies in the same manner required for notice of the sale. It is expressly agreed that all of the lien provisions of this paragraph and the procedures contemplated thereby shall be available to, and may be done by, Lessor 403 EATS without the necessity of any prior court hearing, proceeding or order. Lessor 403 EATS shall have no liability to Lessee whatsoever for any acts or actions taken or performed pursuant to the provisions of this paragraph.
Appears in 1 contract
Sources: Food Truck Space Lease Agreement
Contractual Lien. Lessor shall have 20.01. To secure the payment of Rent and is the full performance of this Lease by Tenant, Tenant hereby granted a grants to Landlord an express first and prior security interest and contract lien on all property (including fixtures, furniture, furnishings, equipment, chattels, merchandise, goods, inventory, and all other personal property) that may now or hereafter be placed in the Premises and all additions, accessions and replacement thereto, and all proceeds therefrom and also upon all nonexempt proceeds of any insurance that may accrue to Tenant by reason of destruction of or damage to any such property (“Collateral”). Tenant must not remove the Collateral from the Premises without Landlord’s written consent until Rent arrearages then due to Landlord are paid in full. Tenant waives all exemption laws in favor of this lien and security interest. Landlord does not waive its statutory lien, and this lien and security interest is cumulative with the statutory lien.
20.02. In case of an event of default, Landlord may, in addition to any other remedies, enter the Premises and take possession of any and all personal property of any kind (expressly including the manufactured home) found or located Tenant situated on the leased premises to secure payment of rent due Premises, without liability for trespass or to become due under this leaseconversion. If Lessee is delinquent in payment of any rental due under this lease, Lessor shall have the right to enter peacefully the premises, manufactured home, This lien may be foreclosed with or storage facilities to exercise Lessor's contractual lien. Lesse's absence from the premises for three consecutive without court proceedings by public or private sale provided Landlord gives Tenant at least 10-days while all or any portion of the rentals or other sums due under this lease are delinquent shall be deemed an abandonment of the premises. In order to clear such abandoned premises, Lessor may enter the premises, manufactured home and storage facilities to remove and store all property of every kind found therein. Lessor may impose reasonable charges for storing seized or abandoned property and may sell the same at a private or public sale after thirty (30) days written notice to Lessee of the time and place of such sale, and Lessor shall have . Landlord has the right to become purchaser upon being bid and purchase at the highest bidder sale. Any sale or disposition of the Collateral made under this section is commercially reasonable (A) if held at such the Premises or where the Collateral is located and (A) if the time, place, and method of sale and a general description of the Collateral to be sold is advertised in a daily newspaper published in the county in which the property is located for five consecutive days before the date of sale; . Tenant must inform ▇▇▇▇▇▇▇▇ as soon as reasonably possible after receiving the notice shall be deemed to of sale about any and all prospects of whom ▇▇▇▇▇▇ is aware who have been given at any interest in purchasing any of the time Collateral. Tenant must further inform Landlord of placing such notice in any marketing or selling activity that ▇▇▇▇▇▇ believes will bring a fair sale price for the U.S. mailsCollateral, postage prepaid, certified, or registered mail to Lessee at the street or post office address hereinabove set forth. Sale shall be to the highest cash bidder and the proceeds thereof shall be first credited to balancing the cost of seizurethe activity. Should Tenant fail to cooperate in offering information to assist in the disposition of the Collateral, storage Tenant should not be heard to complain about the Landlord’s disposition made according to this Lease.
20.03. The proceeds from any disposition of the Collateral, less any and sale all expenses connected with the taking of possession, holding and then selling of the Collateral (including reasonable attorney’s fees and other expenses), will be applied as a credit against the indebtedness secured by the security interest granted in this paragraph. Any surplus goes to Tenant or as otherwise required by law, and the delinquent rentals Tenant must pay any deficiencies forthwith. Contemporaneously with the execution of this Lease (and if requested hereafter by Landlord), Tenant shall execute and deliver to Landlord Uniform Commercial Code financing statements in sufficient form so that, when properly filed, the security interest will be perfected. If Landlord requests, ▇▇▇▇▇▇ must also execute and deliver to Landlord Uniform Commercial Code financing statement change instruments in sufficient form to reflect any proper amendment of, modification in, or extension of the contract lien and security interest hereby granted. A carbon, photographic, or other sums due Lessor; if any sale proceeds then remain such shall be held by Lessor for Lessee and Lessor shall notify Lessee reproduction of such surplus monies in the same manner required for notice of the salethis Lease is sufficient as a financing statement. It is expressly agreed that In addition to all of its rights, Landlord also has all the lien provisions rights and remedies of this paragraph and a secured party under the procedures contemplated thereby shall Uniform Commercial Code as adopted in Texas. Landlord may execute any financing statement as agent for Tenant so that the document is in proper form to be available to, and may be done by, Lessor without the necessity of any prior court hearing, proceeding or order. Lessor shall have no liability to Lessee whatsoever for any acts or actions taken or performed pursuant to the provisions of this paragraphfiled.
Appears in 1 contract
Sources: Retail Lease
Contractual Lien. Lessor shall have and is hereby granted a lien upon all nonexempt non-exempt property of any kind (expressly including the manufactured home) found or located on the leased premises to secure payment of rent due or to become due under this lease. If Lessee is delinquent in payment of any rental rent due under this lease, Lessor shall have the right to enter peacefully the premises, manufactured home, or storage facilities to exercise Lessor's ’s contractual lien. Lesse's Lessee’s absence from the premises for three consecutive days while all or any portion of the rentals rent or other sums due under this lease are delinquent shall be deemed an abandonment of the premises. In order to clear such abandoned premises, Lessor may must enter the premises, manufactured home and storage facilities to remove and store all property of every kind found therein. Lessor may impose reasonable charges for storing seized or abandoned property and may sell the same at a private or public sale after thirty (30) days written notice to Lessee of the time and place of such sale, and Lessor shall have the right to become purchaser upon being the highest bidder at such sale; the notice shall be deemed to have been given at the time of placing such notice in the U.S. mails, postage prepaid, certified, or registered mail to Lessee at the street or of post office address hereinabove set forth. Sale shall be to the highest cash bidder and the proceeds thereof shall be first credited to the cost of seizure, storage storage, and sale and then to the delinquent rentals rent or other sums due Lessor; if any sale proceeds then remain remain, such shall be held by Lessor for Lessee and Lessor shall notify Lessee of such surplus monies in the same manner required for notice of the sale. It is expressly agreed that all of the lien provisions of this paragraph and the procedures contemplated thereby shall be available to, and may be done by, Lessor without the necessity of any prior court hearing, proceeding or of order. Lessor shall have no liability to Lessee whatsoever for any acts or actions taken or performed pursuant to the provisions of this paragraph.
Appears in 1 contract
Sources: Lot Lease Agreement