156 Chesnut St Apt 2, Newark, NJ 07105

Terms at 156 Chesnut St #2

1. Term. The term of this Lease is for Month to Month and ending upon 30 days written notice by either Landlord or Tenant. Landlord is not responsible if Landlord cannot give to Tenant possession of the apartment at the start of the Lease. However, rent will only be charged from the date on which possession is made available to Tenant. In the event that Landlord cannot give Tenant possession within thirty [30] days of the beginning date, Tenant shall have the right to cancel this Lease. 2. Rent. Tenant agrees to pay $2,000.00 per month, as rent, to be paid as follows: $2,000.00 per month due on the 1st day of each month. Tenant must pay a late charge of $50.00, as additional rent, for each payment that is more than five [5] days late. The late charge is due with the monthly rent payment. Tenant must also pay a fee of $35.00, as additional rent, for any dishonored check. 3. Security Deposit. Tenant has deposited with Landlord, the sum of $3,000.00, as security that Tenant will comply with all of the terms of this Lease. If Tenant complies with the terms of this Lease, Landlord will return the security deposit to Tenant within thirty [30] days after the end of the Lease, including any extension of the Lease. Landlord may use as much of the security deposit as necessary to pay for damages resulting from Tenant's occupancy of the Property, and Landlord shall demand from Tenant the deposit of funds necessary to replace any amount of security deposit used by Landlord to repair and/or correct Tenant's damage. In the event that Landlord sells the Property, Landlord shall transfer the security deposit to the new owners for Tenant's benefit and shall notify Tenant of such transfer. Upon transfer of the security deposit to the new owner Landlord shall be released of all liability to return the security deposit to Tenant. Landlord will comply fully with the Rent Security Law, N.J.S.A. 46:8-19 et seq. This includes depositing the security deposit in an interest bearing account, and notifying Tenant, in writing, of the name and address of the banking institution and the amount of security deposit being held. Interest due Tenant will be credited as rent on each renewal date of the Lease. 4. Use of Property. Tenant may use the apartment only as a private residence. The storage of excess furniture and/or clutter in or about the Property is strictly prohibited. Tenant shall not keep anything in the apartment that is dangerous, flammable, explosive or in any way have the possibility of increasing the danger of fire or any other hazard. No dogs, cats or other animals are allowed in this apartment without the express written consent of Landlord. 4.1. No-Smoking Rule. Smoking is strictly prohibited inside all apartment and all indoor areas of the building, including hallways, stairways, and any other enclosed common spaces. This rule is intended to protect the health, safety, and well-being of all residents and visitors, as well as to prevent odors, property damage, and fire hazards. Failure to comply with this rule may result in warnings, fines, and other penalties, and other disciplinary measures established by the building's regulations or permitted by applicable law. 5. Utilities. Landlord will pay for the following utilities: Cold water/Sewer Tenant will pay for the following utilities: Hot water; Electricity; Heat; Air Conditioning; and Gas 6. Eviction. Tenant may be evicted if Tenant does not pay rent when it is due, or does not comply with the terms of this Lease and for other causes permitted by law. If evicted, Tenant must continue to pay rent for the remainder of the Lease term. Tenant must also pay, as additional rent, all costs, including reasonable attorney fees, related to any eviction as well as the collection of any monies owed to Landlord, along with the cost of re-renting, cleaning and repairing the apartment. Rent received from any new Tenant will reduce the amount Tenant owes to Landlord. 7. Payments by Landlord. If Tenant fails to comply with the terms of this Lease, Landlord may take any required action and charge the cost, including reasonable attorney fees, to Tenant as additional rent. Failure of Tenant to pay such additional rent upon demand is a violation of this Lease. 8. Care of the Apartment. Tenant has examined the apartment, including the living quarters, all facilities, furniture and appliances, and is satisfied with its present physical condition. Tenant agrees to maintain the apartment and property in as good condition as it is at the start of this Lease, except for ordinary wear and tear. Tenant must pay for all repairs, replacements and damages caused by the act or neglect of Tenant, Tenant's household members or their visitors. Tenant will remove all of Tenant's property at the end of the Lease. Any Tenant property that is left in the apartment, at the end of the Lease term, whether same shall be by expiration of this Lease, eviction or abandonment of the apartment by Tenant, shall be deemed abandoned and shall become the property of Landlord who may dispose of same in any manner Landlord sees fit. The cost of emptying or cleaning out the apartment shall be the responsibility of Tenant. Landlord's prior written consent to Tenant is required prior to Tenant altering, improving, painting, or wallpapering the apartment. Alterations, additions and improvements made by Tenant with Landlord's consent shall become the property of Landlord. Tenant shall not place any signs or projection, such as television or radio antennas, in or out of the windows or exterior of the apartment without the prior written consent of Landlord. 9. Repairs by Landlord. In the event that the apartment is damaged or in need of repair, Tenant must promptly notify Landlord, who will have a fair and reasonable amount of time to perform repairs. Should Tenant have to leave the apartment because of damage not resulting from Tenant's act or neglect, Tenant will not have to pay rent until the damage to the apartment is repaired. In the event that the apartment is destroyed, this Lease will end and Tenant will pay rent up to the date of the destruction. Landlord is not responsible for any inconvenience or interruption of services due to repairs, improvements, or anything beyond Landlord's control. 10. Compliance with Laws. Tenant must comply with laws, ordinances, orders, rules and requirements of governmental authorities as well as insurance companies that have issued or are in the process of issuing policies covering the building of which the apartment is a part. 11. No Waiver, Assignment or Sublease. Landlord does not give up any rights by accepting rent or by failing to enforce any terms of this Lease. Tenant is prohibited from subleasing the apartment, including taking in boarders, nor shall Tenant assign this Lease without the express written consent of Landlord. 12. Entry by Landlord. Landlord shall have the right to enter into the apartment to provide services, inspect, make repairs, make improvements, or to show the apartment to prospective tenants, upon reasonable notice to Tenant. In the case of an emergency or in Tenant's absence, Landlord shall have the right to enter the apartment without Tenant's consent. Tenant shall notify Landlord if Tenant intends to be away from the apartment for ten [10] days or more. 13. Quiet Enjoyment. Tenant shall have the right to reside in and use the apartment without interference subject to the terms of this Lease. 14. Subordination. This Lease and Tenant's rights shall be subject and subordinate to present and future mortgages on the premises that includes the apartment. Landlord may execute on Tenant's behalf, any papers, as Tenant's attorney-in-fact, to confirm this subordination to any lender of Landlord, its successors and/or assigns. 15. Injury or Damage. Tenant shall be responsible for any injury or damage caused by the act or neglect of Tenant, Tenant's household members, or their visitors. Landlord is not responsible for any injury or damage unless due to the negligence or improper conduct of Landlord. Landlord shall not be responsible for any catastrophic loss to any of Tenant's possessions, furniture, electronic devices, televisions, stereo equipment, whatsoever, and Tenant is advised to obtain renter's insurance from an insurance company to cover any such catastrophic loss. 16. Renewals and Changes in the Lease. Landlord may offer Tenant a new Lease to take effect at the end of this Lease. The new Lease may contain reasonable changes. Tenant will be notified of any proposed new Lease at least sixty [60] days before the end of the present Lease. If no changes are made, Tenant may continue to rent the apartment on a month-to-month basis with the remainder of the Lease remaining the same. Tenant must notify Landlord of Tenant's decision to stay or to leave thirty [30] days before the end of the Lease term. 17. Notices. All notices provided by this Lease must be written and delivered personally or by certified mail and by email. Tenant shall provide Landlord with a valid cellular telephone number and a valid electronic mail address and shall be required to notify Landlord of any changes in telephone number and/or electronic mail address within forty-eight [48] hours of any change. 18. Rules. Tenant shall not interfere with the quiet enjoyment of any other Tenant. Tenant shall comply with all rules that are either attached to this lease or provided to Tenant by Landlord. Tenant shall be responsible for the acts of Tenant's household members and visitors. Parking: this unit does not include driveway rights. Only street parking is available, subject to the laws and regulations of the City of Newark, NJ. 19. Validity of Lease. If a clause or provision of this Lease is deemed legally invalid, the remainder of this Lease shall remain in effect. 20. Entire Lease. All promises made by Landlord to Tenant are contained in this Lease. This Lease can only be changed by an agreement, in writing, signed by both Landlord and Tenant. Landlord, Tenant, and all who lawfully succeed to their rights and responsibilities are bound by this Lease.

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$500

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156 Chesnut St #2

Newark, NJ 07105

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Technology High School

Oliver Street Elementary School

East Side High School

Barringer High School

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