Mustang Refrigerators Rental Agreement

The student renter (“LESSEE”) does hereby agree to rent a Refrigerator, Microwave, or Deluxe/Micro Combo (“Rental Unit”) from LESSOR, Mustang Refrigerator Rental.

Title to the rented property is, and at all times shall remain in Lessor. Only parties hereto and such other persons whose names are endorsed hereon are authorized to use said property, and Lessee will not permit said property to be used by any other person or at any address other than the place designated hereon without the express consent of Lessor.

Lessee agrees that in the event any of the property becomes unsafe or in a state of disrepair, Lessee will immediately discontinue the use thereof and promptly return it to Lessor. Upon receiving such property, if its condition is not the fault of the Lessee, Lessor agrees to replace such property with property of like kind and in good working condition.

Upon termination of this agreement, Lessee will promptly return the rented property and all attachments and parts belonging thereto in the same condition in which such property was received, ordinary wear and tear excepted, and agrees to pay for any damage to or loss of such property while in the possession or control of Lessee hereunder. In the event that Lessor must resort to litigation to recover for damages caused to or loss of such property, Lessee also agrees to pay Lessor’s reasonable attorney fees and Court costs.

Lessor shall not be liable in any event to Lessee for any loss, delay or damage of any kind or character resulting from defects in or inefficiency of the leased property or accidental breakage thereof.

Lessee agrees to indemnify and save harmless the Lessor against all loss, damage, expense and penalty arising from any action on account of any injury to person or property of any character occasioned by the operation, handling or transportation of the leased property during the rental period or while the property is in possession or control of Lessee.

will not retain the leased property beyond the “Due In” time without prior notice to and the consent of Lessor thereto. Lessee will pay rental price in advance or immediately upon the return of property. Lessee agrees to pay all collection charges, including reasonable attorney fees, if the rental is not paid when due. Lessee hereby waives and releases Lessor from all claims for injuries or damages to Lessee arising out of the use of said property by Lessee.

Rental will continue to accrue at the rate of $10.00 per day if unit is kept past contract expiration without verifiable permission of Lessor. If freezer is punctured, liner burned, unit vandalized, or badly damaged to the point of not working properly, rental will continue to accrue at the rate of $10.00 per day until a like working unit, similar in price, quality and size is returned to Lessor.

THERE WILL BE A $35.00 CHARGE FOR ANY RETURNED CHECKS. IF THIS UNIT IS NOT RETURNED TO LESSOR, FOR ANY REASON, LESSEE AGREES TO PAY FOR THE UNIT.