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1、学海无涯Illinois Residential Lease Agreement THIS AGREEMENT (hereinafter referred to as the Illinois Lease Agreement) is made and entered into this _ day of _, 20_, by and between _ (hereinafter referred to as Landlord) and _ (hereinafter referred to as Tenant. For and in consideration of the covenants
2、and obligations contained herein and other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the parties hereto hereby agree as follows:1. PROPERTY. Landlord owns certain real property and improvements located at _ (hereinafter referred to as the Property)
3、. Landlord desires to lease the Premises to Tenant upon the terms and conditions contained herein. Tenant desires to lease the Premises from Landlord on the terms and conditions as contained herein. 2.TERM. This Illinois Lease Agreement shall commence on _ and shall continue as a lease for term. The
4、 termination date shall be on _ at 11:59 PM. Upon termination date, Tenant shall be required to vacate the Premises unless one of the following circumstances occur:(i) Landlord and Tenant formally extend this Illinois Lease Agreement in writing or create and execute a new, written, and signed Illino
5、is Lease Agreement; or(ii)Landlord willingly accepts new Rent from Tenant, which does not constitute past due Rent. In the event that Landlord accepts new rent from Tenant after the termination date, a month-to-month tenancy shall be created. If at any time either party desires to terminate the mont
6、h-to-month tenancy, such party may do so by providing to the other party written notice of intention to terminate at least 30 days prior to the desired date of termination of the month-to-month tenancy.Notices to terminate may be given on any calendar day, irrespective of Commencement Date. Rent sha
7、ll continue at the rate specified in this Illinois Lease Agreement, or as allowed by law. All other terms and conditions as outlined in this Illinois Lease Agreement shall remain in full force and effect. Time is of the essence for providing notice of termination (strict compliance with dates by whi
8、ch notice must be provided is required).3. RENT. Tenant shall pay to Landlord the sum of $_ per month as Rent for the Term of the Agreement. Due date for Rent payment shall be the 1st day of each calendar month and shall be considered advance payment for that month. Weekends and holidays do not dela
9、y or excuse Tenants obligation to timely pay rent. Rent shall be sent to the following address: _A.Delinquent Rent. If not paid on the 1st, Rent shall be considered overdue and delinquent on the 2nd day of each calendar month. If Tenant fails to timely pay any months rent, Tenant will pay Landlord a
10、 late charge of $_ per day until rent is paid in full. If Landlord receives the monthly rent by the 3rd day of the month, Landlord will waive the late charges for that month. Any waiver of late charges under this paragraph will not affect or diminish any other right or remedy Landlord may exercise f
11、or Tenants failure to timely pay rent.B.Prorated Rent. In the event that the Commencement Date is not the 1st of the calendar month, Rent payment remitted on the Commencement Date shall be prorated based on a 30-day period. C. Returned Checks. In the event that any payment by Tenant is returned for
12、insufficient funds (NSF) or if Tenant stops payment, Tenant will pay $_ to Landlord for each such check, plus late charges, as described above, until Landlord has received payment. Furthermore, Landlord may require in writing that Tenant pay all future Rent payments by cash, money order, or cashiers
13、 check.D. Order in which funds are applied. Landlord will apply all funds received from Tenant first to any non-rent obligations of Tenant including late charges, returned check charges, charge-backs for repairs, brokerage fees, and periodic utilities, then to rent, regardless of any notations on a
14、check.E.Rent Increases. There will be no rent increases through the Termination Date. If this lease is renewed automatically on a month to month basis, Landlord may increase the rent during the renewal period by providing written notice to Tenant that becomes effective the month following the 30th d
15、ay after the notice is provided.4. SECURITY DEPOSIT. Upon execution of this Illinois Lease Agreement, Tenant shall deposit with Landlord the sum of $_ (which amount is not in excess of two months periodic rent) receipt of which is hereby acknowledged by Landlord, as security for any damage caused to the Premises during the term hereof. Landlord may place the security deposit in an interest bearing accou
