Master Lease 2020-2021

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LEASE AGREEMENT

THIS LEASE AGREEMENT (the “Lease”) is made and entered into on this the ____ day
of __________________, 2021, by a Big Blue Investments, LLC, a Kentucky limited liability
company, having a principal address 3735 Palomar Center Drive, Suite 150, PMB #53,
Lexington, KY 40513 (hereinafter referred to as “Landlord”), and <<Name of Tenant(s)>>
_______________________________________________ (hereinafter referred to as “Tenant”).

WITNESSETH:

In consideration of the mutual covenants herein contained, and for other good and
valuable consideration, the receipt, mutuality, and sufficiency of which are hereby
acknowledged, the Landlord and Tenant hereby agree as follows:

Lease of Premises. The Landlord hereby demises and leases to the Tenant, and the Tenant
hereby leases and accepts from the Landlord, for the Rent and other obligations as provided
herein, those premises (the “Premises”) located at 122 Westwood Drive Lexington, KY 40503,
including all furnishings, appliances, and other contents, if any, located on said Premises.

1. Lease Term. The term of this Lease (the “Lease Term”) shall commence on the
8th day of August 2022 (the “Commencement Date”) and shall end on the day preceding the first
anniversary thereof, being noon on the 26th day of July 2023 (the “Termination Date”). Upon
expiration of the Lease Term, unless the parties execute a new written lease agreement, the
Tenant shall be deemed to be occupying the leased Premises as a tenant from month to month
subject to the other terms and obligations contained in this lease.

2. Payment of Rent. During the Lease Term, the Tenant shall pay total rent in the
amount of $27,600 for the annual lease term (the “Rent”). Rent shall be paid by the Tenant
pursuant to one of three payment schedules as set forth herein. The Tenant and Landlord shall
agree upon the payment schedule applicable for the duration of this Lease Term and the Tenant
shall initial next to the payment schedule below at the time of execution of this Lease.

(Check only one please)

_______ A) Quarterly Payment Schedule – Rent is to be paid in advance in


four (4) equal installments due on the first day of each calendar month
which begins the respective quarter (being specifically ___August_ 1,
2022, ___November_ 1. 2022, ___February_ 1, 2023_, and __May 1,
2023) during the Lease Term and without demand, delay or offset for any
reason; And Rent for the first quarter shall be payable prior to taking
possession of the property.

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_______ B) Semi-Annual Payment Schedule – Rent is to be paid in advance
in two (2) equal installments due on the first day of each calendar month
which begins the respective half (being specifically _August1, 2022 and
__February 1, 2023) during the Lease Term and without demand, delay or
offset for any reason; And Rent for the first half shall be payable prior to
taking possession of the property.

_______ C) Annual Payment Schedule – Rent is to be paid in advance in one


(1) lump sum payment at the time of signing this Lease, but in no event
later than _August 1, 2022.

Rent shall be paid via personal check, money order, or cashier’s check directly to Big
Blue Investments. LLC at the address set forth above, and checks should be made payable to
“Big Blue Investments, LLC”. It is understood by the Tenant that time is of the essence for the
payment of the quarterly/semi-annual/annual Rent (as applicable) and that if the quarterly/semi-
annual/annual Rent (as applicable) is not received on or before the first day of the calendar
month when due, the Tenant shall be considered to be in default of the Lease and the Landlord
shall be entitled to terminate the Lease pursuant to the terms of this Lease and applicable law. In
the event that the quarterly/semi-annual/annual Rent (as applicable) is not received by the
Landlord by the 1st of the month as set forth herein, the Tenant shall pay to the Landlord a late
fee equal to ten percent (10%) of the total outstanding balance due (the “Late Fee”) , with an
additional $2.00 for each and every day after the fourth (4th) day of the calendar month until the
Rent and Late Fee have been paid in full. The Tenant shall pay to the Landlord as set forth
herein a fee of $50.00 for each check of the Tenant returned by a banking institution for
insufficient funds or for any other reason. If the Landlord receives a returned check issued by
the Tenant from a banking institution, the Landlord may require the Tenant to make all future
payments to the Landlord in the form of money order or cashier’s check only. All payments
from Tenant to the Landlord will be applied first to the oldest outstanding amounts, including
rent, any late fees, and/or other fees, due to the Landlord. In the event that more than one person
is identified above as the Tenant, said persons shall be jointly and severally liable for the
payment of the Rent and any of the aforementioned fees, as set forth herein.

Notwithstanding any other provision of this Lease, the total Rent amount herein is due
and payable by the Tenant at the time of the execution of this Lease. The payment of Rent
pursuant to one the abovementioned payment schedules is for the convenience of the Tenant
only. If the Tenant fails to pay Rent pursuant to the payment schedule selected or is otherwise in
default with regard to the payment of Rent, then, at the Landlord’s sole discretion, the entire
remaining unpaid balance of the Rent for the Lease Term shall be accelerated and shall become
immediately due and payable and, in such case, the Landlord shall be entitled to all remedies
existing at law, including, without limitation, the right to terminate the Lease in accordance with
applicable law. In such case, the Tenant shall remain liable for the entire remaining balance of
the Rent due for the entire Lease Term.

3. Security Deposit. The Tenant is required to pay a security deposit to the


Landlord in the amount of $_500.00 per person (the “Security Deposit”) as security for the

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protection of the Landlord from excessive physical damage to the premises and as security for
Tenant’s other obligations under this Lease. The Tenant may not apply the Security Deposit
towards Rent due without the Landlord’s consent and the Tenant’s written authorization. The
Security Deposit will be returned only if the Tenant performs all obligations required under this
Lease and by KRS 383.605, including, without limitation, keeping the Premises in as good a
condition as it is in as of the Commencement Date of this Lease, excepting normal wear and tear,
and cleaning the Premises, all furnishings, appliances and other contents, upon vacating the
Premises, including without limitation, having any and all carpeting in or on the Premises
professionally cleaned by a cleaner approved by the Landlord. The Tenant understands that the
liability of the Tenant for damages to the Premises is not limited to the amount of the Security
Deposit and that the Tenant is liable for any loss or damages in excess of the Security Deposit.
In the event that there is more than one person identified herein as the Tenant, said persons shall
be jointly and severally liable for any loss or damages in excess of the Security Deposit, said
persons shall be responsible for determining how to divide any portion of the Security Deposit
refundable to the Tenant, and the Landlord shall be permitted to return the Security Deposit, in
part or whole, to any of the persons identified herein as the Tenant. Only one check per house
will be sent to a specified tenant to be dispersed by said tenant. The Security Deposit will be
held at Central Bank in Lexington, Kentucky. The account number for the account where the
Security Deposit is held will be provided to the Tenant upon request.

The Tenant and the Landlord shall inspect the Premises prior to occupancy, and agree to
the condition of the Premises as set forth in Section 6 below. Upon the termination of this Lease,
the Tenant shall request an inspection of the Premises as more specifically set forth in Section 6
below. Said post-vacancy inspection shall be conducted pursuant to Section 6 below. The
Tenant shall provide in writing a forwarding address to the Landlord where the Security Deposit,
or any portion thereof, may be refunded, if applicable.

4. Keys and Locks. The Tenant agrees not to install additional or different locks or
gates on any doors or windows on the Premises without prior written permission of the Landlord.
If the Landlord approves the Tenant’s request to install such locks, the Tenant agrees to provide
Landlord with the key for each lock. On the Termination Date of this Lease or at any time that
this Lease terminates or is terminated, the Tenant agrees to return all keys to the Premises to
Landlord. There shall be a charge of $25.00 for each key not returned and said fee shall be paid
directly to the Landlord.

In the event that the Tenant is locked out of the Premises and/or the Landlord is required
to come to the Premises to unlock the Premises for the Tenant, the Tenant shall be charged a fee
of $25.00 if between 8:00 a.m. and 6:00 p.m. and a fee of $45.00 if after hours. In the event that
the Landlord is unavailable to come to the Premises to unlock it, the Tenant may contact a
locksmith to unlock the Premises and/or let the Tenant into the Premises. The Tenant shall be
solely responsible for any costs or fees charged by the locksmith and shall pay the locksmith
promptly. Under no circumstances shall the Tenant make a forced entry into the Premises. If
tenant forcibly enters the house, all costs to remedy damage will be at the cost of the Tenant.

5. Utilities. The Tenant agrees to be responsible for, place in his or her name, and
pay ALL utilities and user fees for the Premises, including, without limitation, water, sewer,
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landfill user fees, trash disposal, electricity, internet, cable, phone and/or gas service and to
provide the Landlord with proof of compliance upon request by Landlord. In the event the
Tenant fails to comply with this provision, the Landlord may, but is not required, to pay such
utilities and/or service fees plus an administration fee of $30.00 per occurrence; provided,
however, that, in the event the Tenant fails to comply with this provision, the Tenant shall be
considered to be in default of the Lease and the Landlord shall be entitled to terminate the Lease
pursuant to the terms of this Lease and applicable law. If any such fees are paid by the Landlord,
the Tenant shall reimburse the Landlord for the same within ten (10) days of receipt of proof of
payment from the Landlord. The Landlord shall have the right to use any such utilities paid by
the Tenant as reasonably necessary for the maintenance of the Premises. You must have the
utilities turned on 48 hours before your move in date and must remain on for 48 hours after lease
ends.

6. Condition of the Premises. The Tenant has thoroughly inspected and accepts
the Premises in its “AS-IS” condition and acknowledges that the Landlord has not made any
representations, promises, or warranties (actual or implied) respecting the condition of the
Premises other than is set forth herein.

Both the Landlord and the Tenant shall sign the Move-In Listing prior to the
Commencement Date and prior to the Tenant taking possession of the Premises, which
signatures shall be conclusive evidence of the accuracy of the Move-In Listing. If the Tenant
refuses to sign the Move-In Listing, the Tenant shall note in writing any defects or damage to the
Premises in the space provided below or by way of a separate and itemized writing; otherwise,
the Premises shall be deemed to be in clean and good condition, and the taking of possession of
the Premises by the Tenant shall be conclusive evidence as against the Tenant that the Premises
was delivered in good and satisfactory condition, excepting any items set forth by the Landlord
in the Move-In Listing. The Tenant shall make no alterations or modifications to the Premises
or its contents without the prior written permission of the Landlord. The Tenant and the
Landlord agree that the Premises is free from damages or defects of any kind, except as set forth
below, or in the Move-In Listing, and signed/initialed by both the Tenant and the Landlord:
______________________________________________________________________________
______________________________________________________________________________
______________________________________________________________________________
______________________________________________________________________________

Due to the fact that not all Tenants always take possession of the Premises at the same
time (i.e. the Commencement Date), and it is often impractical for all Tenants to inspect the
Premises and/or sign/initial the Move-In Listing at the time of initial possession (i.e. the
Commencement Date), only one Tenant shall be authorized to receive the Move-In Listing
and/or to perform the move-in inspection, if applicable, on behalf of all Tenants, and shall be
authorized to sign/initial the Move-In Listing on behalf of all Tenants and/or be responsible for
noting any defects or damage not described in the Move-In Listing as set forth above. All
Tenants not participating in the move-in inspection specifically and expressly agree to be bound
by the assessments of the participating Tenant(s) and authorize the participating Tenant(s) to
sign/initial the Move-In Listing or other documents on their behalf.

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The Tenant agrees to surrender to the Landlord the Premises at the Termination Date of
this Lease, any extension thereof, or upon termination of the Lease on any date prior to said
Termination Date, broom clean and in the same condition as of the Commencement Date,
reasonable wear and tear accepted, including having any and all carpeting in or on the Premises
professionally cleaned by a cleaner approved by the Landlord. Reasonable wear and tear means
wear which occurs without negligence, carelessness, accident or abuse. The Landlord shall
provide the Tenant with a move-out packet, including instructions regarding cleaning, utilities,
forwarding addresses, parking tags (if any), the disposition of keys, and any other Lease-related
items.

One week prior to the Termination Date, any extension thereof, or the termination of the
Lease on any date prior to the Termination Date (if feasible), the Landlord shall inspect the
Premises and provide the Tenant with a comprehensive listing of any damages to the Premises,
normal wear and tear excepted, along with a written statement of the charges for any repairs (the
Move-Out Listing”). The Landlord shall provide the Tenant with written documentation
evidencing said repairs upon written request by the Tenant. The Tenant may request, in writing,
an inspection of the Premises to determine the accuracy of the Move-Out Listing. This request
for inspection must be made at least forty-eight (48) hours prior to the Tenant vacating the
Premises. The inspection, if requested, shall be scheduled at a date and time mutually
convenient to the Landlord and the Tenant. Both the Landlord and the Tenant shall sign the
Move-Out Listing, which signatures shall be conclusive evidence of the accuracy of the Move-
Out Listing. If the Tenant refuses to sign the Move-Out Listing, the Tenant shall provide the
Landlord with a signed, written list of the items on the Move-Out Listing to which the Tenant
disagrees and the Tenant may pursue any claims against the Landlord regarding the condition of
the Premises in the appropriate court.

7. Entry and Inspection of Premises. The Tenant shall not deny the Landlord
access to the Premises for the purposes of performing routine maintenance, making
improvements or repairs, or inspecting the Premises. The Tenant agrees that the Landlord, or its
duly designated agent, employee, or contractor will be permitted to enter the Premises during
reasonable hours (weekdays between 8:00 a.m. and 6:00 p.m.) for the purpose of performing any
routine maintenance, making any improvements or repairs, or to inspect the Premises. The
Landlord, or its duly designated agent, shall also be permitted to enter the Premises in order to
show the Premises to a prospective or actual purchaser of the Premises and/or to show the
Premises to a prospective renter. The Landlord shall give the Tenant written notice of its intent
to enter the Premises at least twenty- four (24) hours prior to entering the Premises. However,
the Tenant agrees that the Landlord, or its duly designated agent, may enter the Premises at any
time without advance written notification when there is reasonable cause to believe that an
emergency exists. The Tenant agrees that any request made by the Tenant for repair or
maintenance of the Premises constitutes permission for the Landlord, or its duly designated
agent, employee, or contractor to enter the Premises during reasonable hours (weekdays between
8:00 a.m. and 6:00 p.m.) without any further prior written notification.

Upon giving of proper notice, the Landlord may inspect the Premises on at least a
quarterly basis to determine needed maintenance, tenant housekeeping, and other lease

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compliance matters and shall deliver a written report of each such inspection and a written
statement of any charges for repairs to the Tenant.

The Tenant shall cooperate with the Landlord in connection with any inspection, routine
repair work, extermination work, or improvement work performed or to be performed on the
interior of the Premises by the Landlord, or its duly designated agents, employees, or contractors
and will permit temporary removal of any household furnishings which would impede the
effective performance of such work.

The Landlord shall have the right to show the Premises to prospective buyers and/or
future lessees during the Lease Term. Upon giving of proper notice, the Landlord may show the
Premises to prospective buyers and/or lessees and the Tenant shall cooperate with the Landlord
in connection such showings. The Tenant agrees not to interfere in any way with the Landlord’s
attempts/efforts to sell and/or lease the Premises.

The Landlord reserves the right to inspect and police the exterior areas of the Premises on
an ongoing basis to ensure compliance with this Lease and all applicable laws, regulations,
ordinances, and building codes. Due to the fact that many code violations or other violations of
law are health and safety related and are attributable to the Premises and the Landlord as the
owner of the Premises, the Landlord further reserves the right to act proactively without
notifying the Tenant in order to ensure that possible code violations or other violations are
corrected prior to the issuance of citations or notices of violation. In the event of the receipt of a
citation or notice of violation, the Landlord shall be entitled to take the necessary action to
correct the violation immediately without prior notification to the Tenant. If the violation is a
result of the Tenant’s acts or omissions, then the Owner shall be entitled to recover the costs of
such remedial actions from the Tenant and to charge the Tenant a reasonable fee as set forth in
the Fee/Cost Schedule attached hereto as Exhibit A.

8. Landlord’s Obligations. The Landlord agrees to the following obligations as a


part of this Lease:
a) The Landlord shall, at the Landlord’s expense, maintain and repair, to proper
working order, the structure and systems of the Premises, including the exterior and
loadbearing walls, fences, roof flues, heating, plumbing, air conditioning, sprinkler and
electrical systems, and to replace the same if repair cannot restore the structure or systems to
proper working order.
b) The Landlord shall, at the Landlord’s expense, maintain the walks, driveway(s)
and parking lot(s) in good and safe repair. However, the Landlord’s obligation to maintain
the walks, driveway(s) and parking lot(s) does not include snow, ice and trash removal.
c) The Landlord shall, at the Landlord’s expense, maintain the lawn and landscape
of the Premises in a good and well-trimmed condition as the Landlord deems appropriate.
However, the Landlord’s obligation to maintain the lawn and landscape does not include
snow, ice, and trash removal, nor does it include the cleaning up of animal droppings or
cigarette butts.
d) The Landlord shall provide extermination services, as necessary. If the Tenant
leaves trash, food or other things around premises (indoors or outdoors) that cause and attract
infestation, the tenants will be responsible for extermination fees.
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e) The Landlord shall pay all real property taxes and any and all other assessments
levied against the Premises.
f) The Landlord shall provide the Tenant with exclusive use and occupancy of the
leased Premises in compliance with Paragraph 9 below and subject to the terms and
obligations set forth in this Lease.

9. Tenant’s Obligations. The Tenant and the Tenant’s family members, guests,
invitees, employees and agents are subject to the rules and regulations set forth in this Lease, and
such other and further reasonable rules and regulations as the Landlord may from time to time
adopt. The Landlord shall provide the Tenant with written notice at least thirty (30) days prior to
any change in or addition to said rules and regulations. The Tenant acknowledges and agrees
that he/she is responsible in all respects for the acts and/or omissions of any of the
aforementioned persons. The rules and regulations are made a part of this Lease and are
incorporated herein and any violation of these rules and regulations by the Tenant and/or the
Tenant’s family members, guests, invitees, employees and/or agents shall constitute a material
breach/violation of this Lease by the Tenant and the Landlord shall be entitled to terminate this
Lease pursuant to the terms of the Lease and applicable law. In addition to the Landlord’s rights
and remedies as provided for in this Lease and pursuant to applicable law, any violation by the
Tenant of this Section or any other provision of the Lease are subject to the fees/costs set forth in
the Fee/Cost Schedule (the “Fee/Cost Schedule”) attached hereto as Exhibit A and incorporated
by reference herein. The Tenant hereby agrees to the following rules and regulations, as
amended from time-to-time as set forth herein, as a part of this Lease:
a) The Tenant shall have the right to exclusive use and occupancy of the leased
Premises and will use said Premises solely as a single family residence pursuant to any and
all applicable federal, state and/or local laws.
b) The Tenant shall comply with all applicable laws, regulations, ordinances and
building codes during the Lease Term. The Tenant shall be responsible for any and all fines,
civil penalties, assessments, costs, or other liability incurred by the Landlord as a result of the
Tenant’s failure to comply with said laws, regulations, ordinances, and/or building codes.
Such failure shall also constitute a material breach of the Lease. The Tenant hereby agrees to
indemnify, defend, compensate and forever hold harmless the Landlord, its agents, their
successors and assigns, or any others who may be acting on their behalf from any and all
claims, damages, actions, causes of action or liability whatsoever, resulting from or arising
out of the Tenant’s violation of and/or failure to comply with any applicable laws,
regulations, ordinances and/or building codes.
c) Visitors and guests of the Tenant must limit their stays to fourteen (14) days per
year. Visits longer than fourteen (14) days are permitted only with the prior written consent
of the Landlord.
d) The Tenant shall not allow any individuals other than those specifically listed on
the Lease to reside in the leased Premises or to use the leased Premises as a residential
mailing address. The Tenant shall not allow the leased Premises to be used as a place of
shelter or temporary residence by boarders, lodgers, or other individuals not specifically
listed on the Lease.
e) The Tenant shall not permit individuals other than those specifically listed on the
Lease to reside in the leased Premises and the Tenant agrees that he/she shall be required to

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acquire the Landlord’s approval prior to any additional individuals being allowed to move
into the leased Premises.
f) The Tenant must obtain prior written approval from the Landlord before painting,
installing any fixtures, making any alterations or additions, and/or making any improvements
to the Premises. Upon approval, which is in the sole discretion of the Landlord, any such
fixtures, alterations or additions, and/or improvements shall become the property of the
Landlord upon termination of the Lease.
g) The Tenant shall keep the leased Premises, equipment located therein, and any
other area(s) assigned to the Tenant in a clean, safe and sanitary condition. The Tenant shall
notify the Landlord promptly of any known need for repairs to the leased Premises, and of
any known unsafe or unsanitary conditions in the leased Premises, the common areas and the
grounds including, but not limited to, plumbing and electrical problems, heating and air
conditioning malfunctions, toilet malfunctions, cracks in plaster or stucco, moisture in the
ceiling, buckling of sheet rock or siding, leaky roof, spongy floor, leaky water heater, termite
activity, water leakage or flooding, any mold or mildew, and/or other evidence of water
intrusion.
h) The Tenant shall keep the leased Premises and any other area(s) assigned to the
Tenant for exclusive use in a clean, safe and sanitary condition. This includes keeping front
and rear entrances and walkways, steps, overhangs, porches, driveways and parking areas on
or around the Premises free from snow, ice and trash and keeping the yard free of debris and
litter, regardless of the origin. Exceptions to the aforementioned requirement may be made
by the Landlord for Tenants who have no household members able to perform such tasks due
to age and/or disability. Tenant hereby agrees to indemnify, defend, compensate and forever
hold harmless the Landlord, its agents, their successors and assigns, or any others who may
be acting on their behalf from any and all claims, damages, actions, causes of action or
liability whatsoever, resulting from or arising out of Tenant’s failure to comply with the
requirements set forth herein.
i) The Tenant shall dispose of all garbage, refuse and all other waste material by
placing it in the appropriate receptacle in accordance with scheduled trash pickups. The
Tenant agrees to the placement and removal of trash collection bins from the curb within one
day of collection. Items such as furniture, Christmas trees, and the like shall be disposed of
by the Tenant in accordance with applicable laws, ordinances, and sanitation company
policies. The Tenant hereby expressly agrees to pay all fines, levies, liens, or other fees
incurred by the Landlord as a result of the Tenant’s failure to comply with such laws,
ordinance and/or policies.
j) No sanitary napkins, disposable diapers, tampons, toys, wads of toilet paper, balls
of hair, grease, oil, table scraps, clothing, rags, sand, dirt, rocks, newspapers, or any other
objects or materials not specifically designed for such disposal, shall be placed in the toilet.
The Tenant shall be charged reasonable repair costs for their removal if they cause plumbing
problems or other related damage.
k) The Tenant acknowledges that basements and cellars will take on water from time
to time during times of heavy rain or other inclement weather and the Tenant agrees to notify
the Landlord of any water seepage or flooding immediately so that the Landlord can assess
the situation and take appropriate action if necessary and reasonable. The Landlord shall not
be responsible for damage to any of the Tenant’s personal property resulting from water
seepage or flooding which occurs in any basement or cellar area.
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l) The Tenant shall refrain from, and be responsible for insuring that his/her
household members, guests, invitees or any person affiliated with the Tenant or Tenant’s
household members, guests or invitees refrain from, any conduct which is unlawful, unsafe,
irresponsible, disorderly or violent, or a hazard to the safety of any persons or property,
including the Tenant, his/her household members, guests, invitees, any person affiliated with
the Tenant or Tenant’s household members, guests or invitees, any other residents, guests,
invitees, neighbors, and/or the Landlord, their agents, employees or contractors.
m) The Tenant shall insure that he/she, his/her household members, guests, invitees,
or any person affiliated with the Tenant or Tenant’s household members, guests or invitees,
conduct themselves in a manner which will not disturb any other resident’s peaceful
enjoyment of their accommodations and which will be conducive to maintaining the
Premises in a decent, safe and sanitary condition.
n) No cars, trucks, campers, boats, recreational vehicles, motorcycles or similar
vehicles, regardless of the owner, are to be stored in the parking areas. The Tenant shall
refrain from using the parking lot or any other common areas for the repair of automobiles,
machinery or equipment or for parking unregistered or inoperable vehicles, regardless of
owner. Any motor vehicle of the Tenant or the Tenant’s family members, guests, invitees,
employees or agents which are parked in violation of the terms hereof, or any other
unauthorized motor vehicle, boat or trailer parked in the parking areas or any other common
area, will be subject to removal at the Tenant’s or owner’s expense.
o) All vehicles must be fully licensed and operable.
p) Tenant(s) agree to have no more than ten (10) persons present at or on the
Premises at any time, except as may be needed to move out of the leased Premises at the end
of the Lease Term or any other termination of the Lease.
q) Loud and boisterous noise or any objectionable, abusive or threatening language
or behavior by the Tenant and/or the Tenant’s family members, guests, invitees, employees
or agents towards other residents, guests, invitees, neighbors and/or the Landlord, its agents,
employees, or contractors is not permitted. Any such loud or boisterous noise or any such
objectionable, abusive or threatening language or behavior by Tenant and/or the Tenant’s
family members, guests, invitees, employees or agents, any violation of the Lexington Area
Party Plan Ordinance (i.e. Lexington-Fayette County, Kentucky Code of Ordinances, Section
14-96) or similar such ordinances, or designation of the Premises as a “no party property”
under the Lexington Area Party Plan Ordinance or similar such ordinances, constitutes a
material breach/violation of this Lease by the Tenant and the Landlord shall be entitled to
terminate this Lease pursuant to the terms of the Lease and applicable law. Tenant further
agrees to indemnify, defend, compensate and forever hold harmless the Landlord, its agents,
their successors and assigns, or any others who may be acting on their behalf from any and
all claims, damages, actions, causes of action or liability whatsoever, resulting from or
arising out of Tenant’s failure to comply with the requirements set forth herein, including,
without limitation, any violation of the Lexington Area Party Plan or similar such ordinances.
The Tenant shall not assign this Lease or sublet the leased Premises in whole or in part, or
give accommodation to boarders or lodgers.
r) The Tenant shall refrain from, and cause any household members, guests, or any
other person affiliated with the Tenant, from destroying, defacing, damaging or removing
any part of the Premises, common areas or other parts of the Landlord’s property.

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s) The Tenant shall be responsible for paying for the cost of repairs or replacements
to the leased Premises, common areas or other parts of the Landlord’s property which are
necessitated by the negligent, intentional, or malicious acts or omissions of the Tenant,
his/her household members, guests, invitees or any other person affiliated with the Tenant
and/or the Tenant’s family members, guests, invitees, employees or agents.
t) The Tenant shall refrain from displaying any signs or banners of any type on the
leased Premises, other than from within the leased Premises. The displaying of signs or
banners from within the leased Premises shall only be after prior written approval from the
Landlord and must be in compliance with any and all federal, state and local laws and
regulations.
u) Nothing shall be placed upon the window sills or on any landings or stairs. Mops,
clothing, rugs, towels etc. shall not be hung to dry in any halls, or from windows, doors,
landings, or stairs.
v) No contact paper, adhesive fasteners, sticky tape or any other object or material
utilizing adhesives that cause extra prep work for painting shall be attached to any surfaces
within the Premises.
w) No alterations, improvements, additions, fences or any other fixtures shall be
placed or constructed in or about the Premises without prior written permission from the
Landlord.
x) Under no circumstances shall the Tenant, his/her household members, guests, or
any person affiliated with the Tenant, use the roof or the porch roof for any purpose
whatsoever except in the event of a fire or similar emergency. Evidence of such use shall
constitute a material breach of the Lease and the Tenant shall be assessed a fee of $175.00 for
each occasion. The Tenant acknowledges that such use is unsafe and can permanently
damage the roof structure and cause bodily injury. The Tenant agrees that the roof areas are
off limits.
y) The Tenant shall give the Landlord advance notice in writing of any absence from
the leased Premises for a period in excess of seven (7) days. Absence from the leased
Premises for more than seven (7) days without notice shall constitute an abandonment of the
leased Premises.
z) The Tenant shall temporarily vacate and move from the leased Premises all
household effects and furnishings which would impede the effective performance of any
proposed routine repairs, extermination or renovation work on the Premises. In the event it
becomes necessary for the leased Premises to be vacated of all occupants in order to safely
complete such routine repairs, extermination or renovation work, then the Tenant and all
other occupants agree to temporarily vacate the leased Premises for a period not to exceed
the equivalent of one business day. In the event it is necessary that the leased Premises
remain vacant for longer than the aforementioned period of time, the Landlord will supply
and/or assist in obtaining alternative accommodations for the Tenant.
aa) The Tenant shall refrain from erecting or hanging radio or television antennas or
satellite dishes on or from any part of the leased Premises.
bb) The Tenant shall be responsible for making monthly inspections of the smoke
detectors installed in the leased Premises. In the event a smoke detector is not in proper
working order, the Tenant shall report the same to the Landlord immediately. The Tenant
shall be responsible for maintaining battery-operated smoke detectors with adequate batteries
at all times. In the event the Tenant is unable to make the required monthly inspection due to
Page 10 of 24
age or disability, then the Tenant shall notify the Landlord so that the Landlord can make the
required inspection of the smoke detector. The removal, alteration, or tampering with a
smoke detector by the Tenant shall be deemed a willful and material breach of this Lease. If
any smoke detectors are damaged or removed, they will be repaired/replaced at the Tenant’s
expense.
cc) The Tenant shall furnish all necessary light bulbs and HVAC filters for his/her
usage of the Premises during the Lease Term and agrees to change the HVAC filters on at
least a monthly basis. The Landlord agrees to have all light bulbs and HVAC filters in
working order and clean as of the Commencement Date and the Tenant shall be responsible
for leaving them functional and clean as of the Termination Date, any extension thereof, or
upon termination of the Lease on any date prior to said Termination Date. The Tenant
acknowledges and agrees that running HVAC systems without necessary filters, or filters too
clogged to pass air freely, can severely damage HVAC equipment, and the Tenant shall be
responsible for such damage if due to the Tenant’s failure to timely change the HVAC filters
or to properly maintain them.
dd) The Tenant shall keep the Premises heated from November through March or at
any other time when the outside ambient temperature is at or below 35 degrees Fahrenheit
and shall secure all exterior hose bibs from freezing during inclement weather by
disconnecting hoses. The Tenant shall take all other appropriate actions to prevent the
freezing of pipes and/or plumbing. The inside temperature of the Premises must always be at
least 55 degrees Fahrenheit regardless of whether the Premises is occupied by the Tenant or
not. Failure to comply with these provisions shall constitute a material breach of the Lease
and the Tenant shall be responsible for all costs, expenses and damages arising out of or
related to such failure.
ee) Tenant acknowledges that the use of electric space heaters can be dangerous and
Tenant agrees that use of electric space heaters is prohibited without the express written
consent of the Landlord.
ff) Parking, if any, is provided for the convenience of the Tenant. Parking is limited
and the Tenant(s) are not entitled to one spot each. The Tenant, his/her household members,
guests, invitees, or any person affiliated with the Tenant may park on their vehicles on the
Premises so long as they do not impede ingress or egress of other tenants or persons
authorized to be on the Premises. In the event that there is a shared driveway on the
Premises, the Tenant, his/her household members, guests, invitees, and other persons
affiliated with the Tenant agree not to block the shared driveway. Detached garages or other
structures located on the Premises are not included as a part of this Lease and the Tenant
shall not have access to such detached garages or structures unless expressly stated herein.
The Landlord reserves the right to unlimited access to these detached garages and structures
without prior notice to the Tenant.
gg) No smoking is permitted inside the Premises by the Tenant or the Tenant’s family
members, guests, invitees, employees or agents.

10. Pets or Other Animals. The Tenant shall not keep any animals on or about the
Premises without the prior written approval of the Landlord. Violation of this provision
constitutes a material violation of the Lease and the Landlord shall be entitled, at its discretion, to
terminate the Lease. In the event that Tenant is provided approval by the Landlord to have an
animal or pet on the Premises, a pet deposit in the amount of $400.00 per pet will be required to
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be paid by the Tenant prior to the Tenant bringing the animal or pet onto the Premises. A refund
of up to $200.00 can be made if the animal has not created any damages to the house in any way.
The Tenant shall comply with all laws, regulations and local ordinances applicable to animals
and shall be required to insure that the animal does not create a nuisance, disturbance, or health
or safety hazard to other residents, guests, invitees, neighbors, and/or the Landlord, their agents,
employees or contractors. Feeding or harboring stray animals constitutes having a pet and is not
allowed.

A Tenant or prospective Tenant with a disability may request from Landlord a reasonable
accommodation to maintain an “assistance animal” (as defined in KRS 383.085) on or in the
Premises. Unless the Tenant’s or prospective Tenant’s disability or disability-related need is
readily apparent, the Landlord may require the requesting Tenant or prospective Tenant to
provide reliable documentation of the disability-related need for an assistance animal, including
documentation from any person(s) with whom the Tenant or prospective Tenant has or had a
“therapeutic relationship” (as defined in KRS 383.085). Landlord shall evaluate the requested
documentation to verify the disability-related need for an assistance animal for the requesting
Tenant or prospective Tenant. The Landlord shall notify the Tenant or prospective Tenant in
writing as to whether the request is approved or denied. In the event that an assistance animal is
required and/or approved as an accommodation for a Tenant or prospective Tenant with a
documented disability as defined by KRS 383.085 or applicable law, the Tenant or prospective
Tenant shall be required to insure that the animal does not create a nuisance, disturbance or
health or safety hazard to other residents or neighbors. The Tenant or prospective Tenant shall
not be required to pay a pet deposit or pet fee to maintain an assistance animal in or on the
Premises; however, the Tenant or prospective Tenant shall be fully responsible and liable for any
damage to the Premises caused by the assistance animal.

The Tenant specifically and expressly agrees that it shall be solely responsible for any
animal, including assistance animals, kept or harbored on the Premises, whether permitted or not,
and that the Landlord, its agents, their successors and assigns, shall not be deemed or construed
to be the legal “owners” of any such animals. The Landlord shall have no liability or
responsibility for said animals or any injuries and/or property damage caused by such animals.
The Tenant hereby agrees to indemnify, defend, compensate and forever hold harmless the
Landlord, its agents, their successors and assigns, or any others who may be acting on their
behalf from any and all claims, damages, actions, causes of action or liability whatsoever,
resulting from or arising out of injury to or death of any person in or about the Premises, or
damage or destruction of any property owned by the Tenant or any other person arising out of or
related to the presence of any animal on or about the Premises.

11. The Tenant agrees to execute and abide by all terms and conditions contained in
the Bed bug addendum attached hereto as Exhibit B and incorporated by reference herein.

12. Termination of the Lease. Any termination of this Lease by the Landlord must
be carried out in accordance with federal, state and local law, and pursuant to the terms of this
Lease. The Landlord may terminate this Lease for the any of the following reasons:

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(a) The Tenant’s failure to pay Rent or other payments required pursuant to the terms of
this Lease when due.
(b) The Tenant’s failure to pay any utility bills which the Tenant is responsible for paying
pursuant to Paragraph 5 above.
(c) The Tenant’s noncompliance with or violation of any of the terms of this Lease;
(d) The Tenant’s failure to comply with any applicable federal, state or local laws related
to the Tenant’s lease of the Premises.
(e) Any misrepresentations, misleading or false information provided by the Tenant(s) in
the Tenant’s application for this Lease shall be deemed a material violation of this
Lease and be cause for termination of the Lease.
(f) The Tenant, or any member of the Tenant’s household or guests or other persons
affiliated with the Tenant, engages in criminal activity, including, but not limited to,
drug-related criminal activity, on or near the Premises. “Drug-related criminal
activity” means the illegal manufacture, sale, distribution, use or possession with
intent to manufacture, sell, distribute or use a controlled substance (as defined in
Section 102 of the Controlled Substance Act [21 U.S.C. 802]).
(g) The Tenant, or any member of the Tenant’s household or guests or other persons
affiliated with the Tenant, engages in any act intended to facilitate any criminal
activity, including, but not limited to, drug-related criminal activity, on or near the
said Premises.
(h) The Tenant, or any member of the Tenant’s household or guests or other persons
affiliated with the Tenant, engages in the unlawful manufacturing, selling, using,
storing, keeping, or giving of a controlled substance as defined in federal, state or
local law, at any location, whether on or near the Premises, or otherwise.
(i) The Tenant, or any member of the Tenant’s household or guests or other persons
affiliated with the Tenant, engages in any illegal activity, including, but not limited
to, prostitution, gang activity, threatening or intimidating, assault, the unlawful
discharge of firearms, on or near the Premises, or in any breach of the Lease that
jeopardizes the health, safety and welfare of the Landlord, their agents, employees or
any other third party acting on the Landlord’s behalf, or of any other residents, guests,
invitees, neighbors,, or involving imminent or actual serious property damage as
defined by applicable federal, state or local law.
(j) The Tenant is fleeing to avoid prosecution, or custody or confinement after
conviction, for a crime, or attempt to commit a crime, that is a felony under the laws
of the place from which the individual flees.
(k) The Tenant is violating a condition of probation or parole under federal or state law.
(l) The Tenant uses the Premises in a manner in violation of federal or state statutes,
administrative rules or regulations, or local or health ordinances.
(m) The Tenant actually, effectively or constructively vacates the Premises.
(n) The Tenant uses the Premises in a way or allows the Premises to be in such a state as
to become a nuisance, either public or private.
(o) The Tenant fails to perform any of its agreements or obligations pursuant to the terms
of this Lease.

If the Landlord proposes to terminate this Lease, the Landlord shall give the Tenant
written notice of the proposed termination via mail, email and/or hand-delivery. The Landlord
Page 13 of 24
must provide seven (7) days written notice in the event that the Landlord seeks to terminate the
Lease due to nonpayment of Rent or any other amounts due or which become due pursuant to the
terms of this Lease. If the total amount of Rent due or other amount(s) due is not paid within the
seven (7) day period, then the Lease shall terminate and the Landlord may proceed with eviction
proceedings. In the event of non-compliance with any of the terms of the Lease by the Tenant,
the Landlord must provide fourteen (14) days written notice of the breach/violation and stating
that the Lease shall terminate upon a date not less than fourteen (14) days from the date of said
notice and the Landlord may proceed with eviction proceedings. If the Tenant fails to correct or
remedy the breach/violation within fifteen (15) days from the date of the written notice, then the
Lease shall terminate as set forth in the written notice. If the breach/violation is remediable by
repairs or the payment of damages or otherwise and the Tenant adequately corrects or remedies
the breach/violation before the date specified in the fourteen (14) day notice, then the Lease shall
not terminate. If the same or similar violation occurs within six (6) months thereafter, the Lease
shall be terminated by the Landlord upon fourteen (14) days written notice with no opportunity
for corrective action.
Any written notice as required herein shall state the specific grounds for termination and
shall provide the date of termination of the Lease. In the event the Lease is terminated due to the
Tenant’s default under or breach of the Lease, then the entire remaining unpaid balance of Rent
due for the remainder of the Lease Term shall be accelerated and shall become immediately due
and payable. The Tenant shall be liable for all past due Rent and associated fees and for the
balance of Rent due for the remainder of the Lease Term.

13. Online Portal System. The Tenant agrees to utilize the online portal system
maintained by the Landlord to communicate with the Landlord and/or its agents for maintenance
requests, emergencies, and any other requests or reports permitted or required under the Lease.
The Landlord reserves the right, at its discretion, to communicate with the Tenant(s) only and not
with any guarantors, cosigners or other third parties. Electronic communications, including
maintenance requests, administrative questions and electronic payments (if available) can be
submitted and addressed via the following websites/hyperlinks:
www.UKCATSONCAMPUS.com ; or, for maintenance requests
[email protected] . All maintenance requests that are not emergencies are
required to go through the electronic ticket system to effectively track tenant requests and time to
corrective action. All calls made via phone are for emergencies only. If calls are made that are
not an emergency, tenants agree to pay a $5.00 service charge per call/request.

The Tenant agrees to maintain active email accounts and to check them on a regular basis
and to check the portal system on a regular basis. The Tenant shall provide the Landlord with a
current telephone number and email address upon execution of this Lease and shall notify the
Landlord immediately of any change in phone number or email address. If the Tenant in any
way abuses the online portal system or compromises the security thereof by failure to keep login
information private and secure or otherwise, the Landlord may, at its discretion, discontinue
access to any such online portal system, reset login data, and/or refuse to accept electronic
payment from any individual Tenant or group of Tenants, at any time without notice.

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The Tenant acknowledges that the failure of any such online portal system on any
specific day is always possible and does occur from time to time. The Tenant agrees that the
Landlord shall not be responsible for any such failure of the online portal system.

14. Notice. Any notice required to be given to the Tenant by the Landlord under this
Lease or by applicable law shall be deemed given when delivered by any one of the following
methods: message delivered to the Tenant’s account via the online portal system; email to the
Tenant’s email address(es) listed in the rental application; written notice hand-delivered to the
Tenant; written notice delivered to the Premises including, but not limited to, being affixed to the
door; written notice sent via regular first class mail or certified mail once it has been deposited in
the mail for delivery. In the event that any email address(es) or phone number(s) change, the
Tenant is responsible for notifying the Landlord in writing of the new or changed email
address(es) and/or phone number(s).

Any notice to be given by the Tenant to the Landlord, must be made in writing, unless
otherwise specified herein, and shall be provided to directly to the Landlord at the address set
forth above in the introductory paragraph of this Lease or as otherwise set forth herein.

15. Fair Housing Policy/Discrimination Prohibited/Reasonable Accomodation


Policy. The Landlord is committed to fair housing and will not discriminate based upon race,
color, religion, national origin, sex, age, familial status, and/or disability. In the event that the
Tenant or prospective Tenant is disabled or is subsequently determined to be disabled, as defined
by applicable law, the Tenant or prospective Tenant may make a written request for a reasonable
accommodation to be made by the Landlord if such reasonable accommodation is needed due to
the Tenant’s or prospective Tenant’s disability. Generally, an accommodation is reasonable as
long as it does not create an undue financial or administrative burden, does not fundamentally
change the housing service being provided, and does not adversely affect the living conditions
and/or quiet enjoyment of other tenants living in the same complex or building. Any reasonable
accommodation made for the Tenant or prospective Tenant is only applicable to that particular
Tenant or prospective Tenant. When a written request has been submitted by a Tenant or
prospective Tenant seeking a reasonable accommodation for an existing disability, the Landlord
will confirm receipt of said request in writing and will initiate a good faith dialogue with the
Tenant or prospective Tenant in order to assess the request and make a determination as to the
requested accommodation. The Landlord is entitled to, and may, request additional information
from the Tenant or prospective Tenant in order to verify the disability, that the requested
accommodation is related to the disability, or both. Once the Landlord has made a thorough
assessment of the Tenant’s or prospective Tenant’s request, the Landlord shall notify the Tenant
or prospective Tenant in writing as to whether the request is approved, denied or granted in a
form different from that requested by the Tenant or prospective Tenant. Each request by a
Tenant or prospective Tenant for an accommodation pursuant to this section and/or applicable
law shall be considered on a case-by-case basis and in a timely and professional manner. Any
information provided by the Tenant or prospective Tenant to the Landlord pursuant to a request
for a reasonable accommodation shall be kept confidential unless required or permitted to be
disclosed pursuant to applicable law.

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16. Insurance and Indemnity. The Tenant acknowledges and agrees that the risk of
loss for all contents and property belonging to the Tenant shall be on the Tenant. The Tenant is
required to obtain his/her own renter’s insurance policy against fire, theft, or other disasters, as
the Landlord carries insurance on the building(s) only. Tenants who have waterbeds are also
required to provide the Landlord with proof of a renter’s insurance policy with the minimum
legal liability coverage amount of not less than $50,000 on an annual basis, due to the excessive
damage waterbeds can cause.

The Tenant hereby agrees to indemnify, defend, compensate and forever hold harmless,
the Landlord, their successors and assigns, any parent affiliate and subsidiary entities, their
insurers, their assigns, their successors, their legal representatives, officers, directors, employees,
agents, or any others who may be acting on behalf of them from any and all claims, damages,
actions, causes of action or liability whatsoever, resulting from or arising out of injury to or death
of any guest, agent, employee, licensee or invitee of the Tenant, or other third person, in or about
the Premises, or damage or destruction of any property owned by the Tenant or any guest, agent,
employee, licensee or invitee of the Tenant, or other third person, unless such injury, death or
damage solely and directly results from the intentional or grossly negligent acts of the Landlord.

17. Damage to Premises and/or Destruction of the Premises. The Landlord shall
be responsible for major repairs not due to the fault, negligence, or willful conduct of the Tenant
or the Tenant’s family members, guests, invitees, employees or agents, which the Landlord is
required to make pursuant to this Lease and/or applicable federal, state and local law. The Tenant
shall notify the Landlord immediately upon first discovering any signs of serious building
problems such as cracks in the foundation, a tilting porch, cracks in the plaster or stucco,
moisture in the ceiling, buckling sheetrock or siding, leaky roof, spongy floor, leaky water
heater, or termite activity.

The Tenant shall be responsible for all other repairs, including, without limitation,
damage to the exterior and interior walls, fixtures, cabinets, or appurtenances of the leased
Premises, and any other repairs in or about the Premises due to the fault or negligence or willful
conduct or other acts or omissions of the Tenant or the Tenant’s family members, guests,
invitees, employees or agents. The Tenant shall notify the Landlord of any such repairs and all
such repairs shall be made, at the Tenant’s expense, by a licensed contractor and must be
performed in a satisfactory and workmanlike manner. The Tenant shall, at his/her own expense,
keep the Premises in good condition, furnish all necessary light bulbs, faucet washers, and pay
for the repair of all broken or damaged glass, screens, drywall and locks.

If the Premises is made unfit for occupancy by fire or other casualty, in whole or in part,
the Landlord or the Tenant, or either of them, may elect (i) to terminate this Lease as of the time
when the Premises is made unfit for occupancy by giving notice to the other party within
fourteen (14) days after that date; or (ii) if the Landlord elects to repair or restore the Premises
and its improvements, the parties may agree to continue this Lease. In the event that the Tenant
is not able to occupy and utilize the Premises before or during any period of reconstruction or
repair, then the Rent due pursuant to this Lease shall abate until the Premises is again fit for full

Page 16 of 24
occupancy, or, if the Tenant agrees to occupy part of the Premises during repair, the Rent shall
abate in proportion to the useable area compared to the area useable prior to destruction.

18. Condemnation. If, at any time during the Lease Term, any part or all of the
Premises or improvements thereon shall be taken for any public or quasi-public purposes, by any
lawful power or authority, by the exercise of the right of condemnation or eminent domain, or by
agreement between the Landlord, Tenant and those authorized to exercise such right, the
Landlord and the Tenant hereby agree as follows:

(a) Total Taking. If the whole of the Premises and improvements thereon shall be so
taken, this Lease shall terminate as of the date of such taking, and the Rent and all other sums
and charges herein reserved and provided to be paid by the Tenant shall be apportioned and paid
to the date of such taking; and if any Rent shall have been paid in advance, a just and
proportionate amount (taking into account the Security Deposit) shall be promptly repaid to the
Tenant. The Tenant shall have no claim against the Landlord as to any portion of the award or
purchase price of the value of any unexpired portion of the Lease Term.

(b) Partial Taking. If not all of the Premises and improvements thereon shall be
taken, but so much thereof shall be taken as to render the balance, in the good faith opinion of
the Landlord, reasonably exercised, unsuitable for the then usage of the Tenant, the Landlord
shall have the right to terminate this Lease as of the date of such taking, in which event all of the
foregoing provisions of Section 18(a) above shall apply with the same force and effect as though
all of said provisions were once again repeated in full in this section.

If a portion of the Premises and improvements shall be taken, but this Lease shall not
have terminated, then this Lease shall continue in full force and effect with respect to the
portions of the Premises not taken, but the Rent thereafter payable by the Tenant pursuant to this
Lease shall be fairly and equitably reduced as determined by the Landlord in its reasonable
judgment from the date of such partial taking. The provisions of Section 18(a) with respect to a
claim or clams for the taking and damages sustained shall apply as if said provisions were once
again repeated in full in this section.

19. Abandonment of Property. Upon the termination of this Lease for any reason,
unless occurring pursuant to eviction proceedings or a court order/judgment, if the Tenant(s)
leave personal property on or at the Premises, the Landlord is expressly authorized to enter,
remove and store all such personal property. Personal property which has apparent and obvious
significant value shall be held by the Landlord for a period of thirty (30) days at the Tenant’s
expense and subject to the fees set forth in the attached Fee/Cost Schedule (Exhibit A). The
Landlord shall have no liability for any damage to or breakage of the Tenant’s personal property
moved and stored as set forth herein. In the event that the Tenant fails to claim the personal
property within the thirty (30) day period, the Tenant and Landlord specifically agree that the
Landlord may dispose of said personal property in whatever way it wishes without incurring any
legal liability and that no further legal process will be required. All abandoned items of personal
property deemed to be trash, junk, garbage, or which do not have apparent and obvious
significant value will be disposed of at the Landlord’s discretion and at the Tenant’s expense as a
part of the cleaning process. If termination of the Lease results through eviction proceedings or

Page 17 of 24
court order/judgment, the Landlord shall have no obligation to store any personal property of the
Tenant and may remove any such personal property from the Premises upon entry of said
order/judgment and/or after issuance of a writ of possession. The Landlord shall have no
liability for any personal property of Tenant disposed of or discarded as set forth herein or in
compliance with applicable law.

20. Remedies. The specified remedies to which any party may resort under the
terms hereof are cumulative and are not intended to be exclusive of any other remedy or means
of redress to which any party may be lawfully entitled in case of any breach by any other party of
any provision or provisions of this Lease.

No term, covenant or condition of this Lease shall be deemed waived by the Landlord
unless waived in writing. The waiver by the Landlord of any breach of any term, covenant or
condition herein contained shall not be deemed to be a waiver of any subsequent breach of the
same or of any other term, covenant or condition hereof.

21. Lead Paint Disclosure. All parties to this Lease acknowledge by signing the
Lease below that they have received the requisite lead paint disclosure, attached hereto as
Exhibit C and incorporated by reference herein, regarding whether there is any known lead-
based paint on the Premises and the pamphlet entitled “Renovate Right: Important Lead Hazard
Information for Families, Child Care Providers and Schools,” which provides information of the
potential risks of lead exposure.
22. Guaranty. This Lease is expressly condition upon the full execution of the
Guaranty attached hereto as Exhibit D and incorporated by reference herein.

23. Miscellaneous.

(a) Covenant of Quiet Enjoyment. The Landlord covenants that upon payment of
the Rent and observing all terms and conditions hereof, the Tenant may peaceably and quietly
enjoy the leased Premises during the Lease Term and any extensions thereof without any
hindrance or molestation.

(b) Standard Fees, Costs and Assessments. The Fee/Cost Schedule (attached hereto
as Exhibit A) sets out certain fees and costs which are charged in typical/common situations
involving repair, maintenance, fines, etc. Some of these fees are for administrative costs and
overhead associated with one or more violations of this Lease and do not include or preclude the
recovery of additional remedial costs associated with said violations. The fees/costs provided in
the Fee/Cost Schedule are standard amounts based on typical/common situations/conditions and
may be increased or decreased, at the Landlord’s discretion, if the circumstance require it. For
example, the door prices listed in the Fee/Cost Schedule are for standard hollow-core Masonite
door slabs typical of new construction and found on most Premises; however, some Premises
have more expensive hardwood doors, and these doors are much more expensive to
repair/replace/install. Furthermore, items such as stained-glass windows are more expensive to
repair than a typical clear glass window. Also, a given situation may not require special
materials, but may require unusual or increased amounts of labor which increases the cost. The

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Fee/Cost Schedule is not exhaustive, but is intended to provide the Tenant with a general
schedule of fees and costs for certain, common situations.

(c) Assignment and Subleasing. The Tenant shall not assign this Lease or sublet
any portion of the Premises without first obtaining the written consent of the Landlord. The
Landlord reserves the right to charge any approved sub-lessee an additional Security Deposit, at
the Landlord’s discretion, and sub-lessee shall be required to execute a sublease agreement with
the Landlord. Any approved sub-lessee is bound by and required to comply with all covenants,
provisions and requirements set forth in this Lease until such time as the approved sub-lessee has
executed the aforementioned sublease agreement. The Tenant shall remain bound by the terms
of this Lease and liable hereunder until such time as the new sublease agreement has been fully
executed.

(d) Landlord and Tenant. The term “Landlord” refers collectively to the owner of
the Premises, any property manager, agent, and any other person or entity that may be designated
in writing to act on its behalf, and each of them is authorized to give notice, and to do any act
contemplated hereunder, and in so doing, it shall be deemed that they have acted on behalf of the
Landlord. The term “Tenant” refers collectively to each of the persons who have signed this
Lease, and each of them is authorized to give notice and receive notice, and to do any act
contemplated hereunder, and in so doing, they shall be deemed to have acted on behalf of all of
them. All persons who have signed this Lease as a Tenant shall be jointly and severally liable
for all of the obligations of the Tenant hereunder. The fact that a Tenant has moved out of the
Premises does not relieve the Tenant, or the Tenants collectively, from the obligations and any
liability hereunder unless a written release, specifically releasing any or all of the Tenants, has
been executed by the Landlord and all Tenants.

(e) Attorney Fees and Court Costs. The Tenant shall be liable to the Landlord for
any and all court costs and attorney fees incurred by the Landlord as a result of the Tenant’s
violation of any term or condition of this Lease as permitted by law.

(f) Applicable Law. This Lease shall be construed and enforced in accordance with
the laws of the Commonwealth of Kentucky without regard to conflicts of law principles and any
action to be brought to enforce the terms of this Lease shall be brought in the County wherein the
subject Premises is located.

(g) Covenants Binding on Heirs and Assigns. All the covenants, agreements, terms,
conditions, provisions and undertakings in this Lease, or any amendments hereto shall be
enforceable by and be binding upon the respective heirs, executors, administrators, successors,
and assigns of the Tenant, and the Landlord.

(h) Modification. This Lease sets forth the entire understanding of the parties hereto
with respect to the subject matter hereof, supersedes all other existing agreements among them
concerning such subject matter, and may be modified only by a written instrument duly executed
by the parties hereto. The parties expressly acknowledge and agree that oral agreements shall
have no force or binding effect whatsoever.
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(i) Partial Invalidity. If any term, covenant, or condition of this Lease or the
application thereof to any person or circumstance shall, to any extent, be invalid or
unenforceable, the remainder of this Lease, or the application of such term, covenant or
condition to persons or circumstances other than those to which it is held invalid or
unenforceable, shall not be affected thereby; and such term, covenant or condition of this Lease
shall be valid and be enforceable to the fullest extent permitted by laws. Provided, however, if
such partial invalidity materially impairs the benefit sought by any party, then said party may
terminate this Lease upon ten (10) days prior written notice.

IN WITNESS WHEREOF, the Landlord and the Tenant have duly executed this Lease
on the day and year first above written.
TENANTS:

______________________________ ______________________________
TENANT (signature) TENANT (signature)

______________________________ ______________________________
TENANT (printed name) TENANT (printed name)

TENANT (printed name)

______________________________
TENANT (signature)
______________________________
TENANT (signature) ______________________________
TENANT (printed name)
______________________________
TENANT (printed name)
______________________________
TENANT (signature)
______________________________
TENANT (signature) ______________________________
TENANT (printed name)
______________________________

LANDLORD:
BIG BLUE INVESTMENTS, LLC
a Kentucky limited liability company

By: ________________________

Its: ________________________

[REMAINDER OF PAGE INTENTIONALLY LEFT BLANK]

Page 20 of 24
GUARANTY

“Guarantor” or “Guarantors” refers collectively to all persons who are guaranteeing this
Lease as Guarantors, as indicated by their signature(s) below. On the date(s) set forth below, the
undersigned Guarantors, for and in consideration of the execution of this Lease, jointly and
severally, hereby personally guarantee payment and performance of any and all obligations
and/or liabilities of the Tenant(s) named hereinabove under or arising out of this Lease. The
undersigned Guarantors agree that they are jointly and severally liable with anyone who may
have signed a guaranty for any payment or performance by the Tenant(s) required under this
Lease. It is understood that this guaranty shall be a continuing and irrevocable guaranty and
indemnity for such payment and performance by the Tenant(s).

Pursuant to this Personal Guaranty, the Guarantors hereby waive each and all of the
following: (i) notice of acceptance of this guaranty; (ii) notice of any modification or
amendment of the Lease; (iii) notice of Tenant’s default under or violation of the Lease; (iv) the
right, if any, to the benefit of, or to direct the application of, the security deposit; (v) the right to
require the Landlord or its agents to proceed against the Tenant or any other party prior to
proceeding against any or all of the Guarantors, and agrees that the Landlord or its agents may
proceed against the Guarantors directly and independently of any other party liable and the
cessation of the liability of any other party for any reason other than full payment, shall not in
any way affect the liability of the Guarantors; (vi) any defense of the Tenant(s) or any other
liable party; and (vii) the right to benefit from, or interfere with the execution and/or fulfillment
of this Lease.

The undersigned Guarantors further agree as follows: (a) that this covenant and guaranty
agreement shall continue in favor of the Landlord notwithstanding any extension, modification,
or alteration of the Lease by the Landlord and Tenant(s), or their respective successors and
assigns, and notwithstanding any assignment of the Lease, with or without the consent of the
Landlord, and no such extension, modification, alteration, or assignment of the Lease shall in any
manner release or discharge the undersigned Guarantors; (b) that the liability of the undersigned
Guarantors under this Guaranty shall be primary and that in any right of action which may accrue
to the Landlord pursuant to the Lease and/or applicable law, the Landlord may, at its option,
proceed against the undersigned Guarantors, jointly or severally, without having commenced any
action, or having obtained any judgment against the Tenant(s); (c) to pay the Landlord’s costs
and expenses incurred in the collection or attempted collection of any amounts due the Landlord
pursuant to the Lease and/or this Guaranty, including, without limitation, reasonable attorney
fees; (d) that the undersigned Guarantors do hereby waive notice of any demand by the Landlord,
as well as any notice of default in the payment of Rent or any other amounts due pursuant to the
Lease; (e) that the terms and provisions of this Guaranty shall be binding upon and inure to the
benefit of the parties hereto and their respective successors and assigns; (f) that the maximum
aggregate liability of the Guarantors is the annual rent amount , exclusive of interest and costs;
and (g) that this Guaranty will terminate one year after the signing of the Guaranty, or upon the
Termination Date of the Lease, whichever last occurs.

Page 21 of 24
This Guaranty is the entire agreement between the parties hereto and constitutes a
binding, legal contract between the parties. This Guaranty can only be amended or modified in
writing signed by Landlord and all Guarantors.

IN WITNESS WHEREOF, the Landlord and Guarantors have duly executed this
Guaranty on the day and year written below.

GUARANTORS:

______________________________ ______________________________
GUARANTOR (signature) GUARANTOR (signature)

______________________________ ______________________________
GUARANTOR (printed name) GUARANTOR (printed name)

DATE:________________________ DATE:________________________

______________________________ ______________________________
GUARANTOR (signature) GUARANTOR (signature)

______________________________ ______________________________
GUARANTOR (printed name) GUARANTOR (printed name)

DATE:________________________ DATE:________________________

______________________________ ______________________________
GUARANTOR (signature) GUARANTOR (signature)

______________________________ ______________________________
GUARANTOR (printed name) GUARANTOR (printed name)

DATE:________________________ DATE:________________________

LANDLORD:
BIG BLUE INVESTMENTS, LLC

By: ________________________

Its: ________________________

Date: ________________________

Page 22 of 24
Exhibit A: Cost Sheet
1. General service call (1 hour- $50, billed in ½ hour increments) Parts are additional
2. Taking trash (Herbie's) to the curb $25
3. Removing Herbies from the street $25
4. Parking on the front lawn of homes $25
5. On roof lease violation $175 per occurrence, plus roof damage cost
6. Trash clean up around property $25- $200 depending on severity
7. City warning/fines fee $75, plus city fees
8. Drywall repair - Small hole $25 per hole, Medium $50, Large $75, and misc.
drywall repair $25-$100 depending on issue
9. Bedroom door repair $50/ Replace $100
10. Bedroom door frame repair $50/ Replace $100
11. Bedroom door and frame replaced $200
12. Outside door repair $50
13. Outside door replaced $50 plus cost of door replacement
14. Outside door frame repaired $50/ Replaced $150
15. Outside door frame and door replacement $250 (additional for custom doors)
16. Window board up for broken windows $50.  
17. Window replacement - Small $75, Med $125, Large $250
18. Exterior weather windows replaced $125
19. Replacing disabled smoke detectors $55 + parts
20. Replacing removed or destroyed smoke detectors - $75 per smoke detector
21. Replace mini-blinds $35 per window (includes parts)
22. Repair Damage to home siding - $40 per man hour , plus materials
23. Repair/replacing gutters - $40 per man hour plus materials
24. Replacement of damaged garbage disposal - $250
25. Appliance repair due to neglect/improper use - $40 plus cost of parts
26. Range drip pans $35 set/ $10 each
27. Replace non-functional light bulbs - $5. 
28. Replacing broken sink faucet $40 plus parts 
29. After hours emergency calls $75 for 1st hour, $40 for additional hours
30. Replace Knobs/Handles on cabinets and doors- $10 each
31. Replace Towel Bar- $25
32. Replace Toilet Paper Bar- $15
33. Lock out fee- 8am-4pm- $25…After Hours/Weekend Lock out fee- $40
34. Missing or Damaged Fridge shelves $50 per door shelf/ $75 per drawer
35. Sub Pump Repair/Replacement- Price of pump and installation
36. Sublet fee $200 per tenant
37. Repainting $250 per room. Includes labor and materials
** Any Additional issues not listed on this cost sheet will be billed as a general service
call at $50/hour, billed in ½ hour increments.
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