LATE RENT PENALTY. Rent not paid by the third (3rd) day after it becomes due is considered delinquent, and is subject to a late charge of $25.00 (twenty-five dollars) plus an additional charge of $2.00 (two dollars) for each day thereafter that it is unpaid. An administrative fee of $35.00 (thirty-five dollars) will be charged for any returned checks in addition to any late fees assessed.
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