821 Black Rock Cir, Knoxville, TN 37934

LAWN and LANDSCAPE Included in lease. We employ a full-time general maintenance worker to respond to issues. Updated home in Farragut, TN minutes from Farragut schools, Turkey Creek shopping and dining, concord park, and Ft. Loudon Lake. Safe, quiet, community with easy access to I-40/I-140, University of TN, and the Knoxville Airport. Also, easy commute to work locations in Oak Ridge, Lenoir City, Knoxville, and Maryville, TN. Lawncare and landscaping is included in lease. Please call for discussion and meeting availability. New fixtures, like new appliances, fire pit outside, new HVAC. Ower will supply 1 rick of firewood per year. Paint is one year old. New paint on exterior. Home is pressure washed once per year. Please call today! Owner pays Rural Metro fire service. Pets are not allowed. Landscaping and mowing is included in rent. Two vehicles may be stored at the home on the driveway and one in the garage, and not on the grass or street. The garage, attic, and outdoor storage building may be used for storage. Owner changes AC filters and performs facility and grounds inspection at normal intervals. RESIDENTIAL LEASE AGREEMENT PARTIES: This Residential Lease Agreement, entered into at Knoxville, Tennessee, this 1st day of MONTH, between Town Creek Holdings LLC and/or it assigns, Lessor, and Lessee. Lease conforms to the Uniform Residential Landlord & Tenant Act of the State of Tennessee. PREMISES/TERM: Lessor leases to Lessee at 821 Black Rock Circle, Knoxville, TN 37934, to be used by Lessee as a dwelling and for no other purposes. The lease will be for the term of Twelve Months, beginning the and ending at 12:00 noon on the Should tenant choose to break the lease during the initial 12 months of the lease, Lessee will forfeit deposit. A walk-through inspection of the property will occur prior to moving in and after lessor has vacated the premises. Any issues or defects should be noted by Lessor and Lessee on move in checklist and move out checklist RENT: In consideration of said Lease, Lessee agrees to pay rent of Two Thousand Five Hundred Dollars and No Cents ($2,500.00) per month to the Lessor in advance on the first day of each month. Payments are to be paid consecutively in advance on the 1st day of each month utilizing the direct debit system Lessor provides. All demands, or any notices, are waived as to payments of rent or the performance of any condition of the Lease. All payments are to be made by certified check, personal check or money order or direct debit. Cash payments and partial payments are not accepted. 1st and last month's rent will be due at move in date. Last months rent will be refunded at move out. NON-REFUNDABLE PET FEE: A fee will be negotiated by both parties and put in the lease to allow pets based on negotiation. LATE FEES & PENALTIES: Lessee agrees that a Ten Percent (10%) late penalty of Two Hundred Dollars ($250.00) will be added to the monthly installment if payment is not received by Lessor on or before the close of business on the 5th day of each month. A Ten Percent (10%) charge will be placed on any check returned to Lessor as non-collectible for any reason. Such charges will be paid to Lessor upon demand. LESSEE'S ACKNOWLEDGMENT SECURITY DEPOSIT: A security deposit in the amount of Two Thousand Five Hundred Dollars and No Cents ($2,500.00) will be paid upon execution of this lease. The Lessor shall deposit this security deposit at Lessor bank for the duration of the lease term. DAMAGES: In further consideration of said Lease, Lessee agrees to pay Lessor any and all damages to the property or to the premises, including but not limited to damage to fences, interior or exterior walls, ceilings, floors, windows, doors, locks, hardware, plumbing fixtures, cabinets, shrubbery, lawn, heating or air conditioning apparatus, stove, refrigerator, water heater, electric lights and any fixtures, appliances, or appurtenances of the property or of the premises. If said damage is materially affecting the health and safety of persons or property, Lessor shall have the right to enter the property or premises fourteen (14) days after written notice by the Lessor. The written notice shall specify the damage and request that the tenant remedy it within 14-days. In the event the damage is not remedied with 14-days, Lessor may enter the dwelling unit and cause the actual work to be done in a workmanlike manner and submit an itemized bill for the actual and reasonable cost or the fair and reasonable value thereof as rent on the next date when periodic rent is due, or if the rental agreement has terminated, for immediate payment. Lessees are responsible for damage caused by act or neglect of Lessee, Lessee's spouse, members of Lessee's family, guests, invitees or license of Lessee or person in the employ or under the control of Lessee. This Lease is made upon and subject to the following terms and conditions: 1. APPLICATION Lessee's application is an important part of this Lease, incorporated by reference and made a part hereto. Any misrepresentations, misleading or false statements made by Lessee and later discovered by Lessor may void said Lease Agreement, at the option of Lessor. 2. USE OF PREMISES Lessee shall maintain the said premises in such condition and repair as accepted at the commencement of this Lease and shall, on its termination, surrender the premises in the same condition and repair, ordinary wear and tear or unavoidable casualty excepted. Lessee shall not make any repairs, alterations, additions or improvements in the premises without the written consent of Lessor, and if any such are made, they shall be forfeited to the Lessor upon termination unless otherwise agreed in writing. 3. LIMITS OF USE Lessee shall not use said premises for any purpose other than as a dwelling or use or permit anything upon said premises that will invalidate the insurance on the dwelling or increase the rate thereof, or in any manner deface or injure the dwelling or any part thereof or overload the floors or permit any objectionable or offensive noise or odor to escape, or to permit or create a nuisance or to disturb any other residents in the neighborhood, or in any way to injure the reputation of the property or neighborhood. Lessee shall comply with all governmental, health and police requirements and regulations respecting said premises. Lessee shall not park or store any furniture, building materials or supplies in or outside of the residence, including any porch or stoop. No boats or vehicles or parts thereof incapable of operating or moving under its own power shall be parked or stored on the property at any time. LESSOR SHALL HAVE THE RIGHT TO HAVE ANY SUCH PROPERTY IMPOUNDED AT ANY TIME AT LESSEE'S EXPENSE. Lessee shall limit the number of operating vehicles parked on the property to three. The vehicles must be parked in the driveway of the unit or in the garage, if applicable. Parking vehicles on the streets of the neighborhood is strictly prohibited. Lessee parking vehicles on the streets are subject to having the vehicle removed (without notice) at the expense of the Lessee. Lessee shall keep property clean and orderly at all times and will not allow trash or garbage to accumulate on or in the property at any time. All vehicles are to be parked in designated parking area at all times and shall at all times stay off the grass and yard. LESSEE'S ACKNOWLEDGMENT 4. SUBLEASE AGREEMENT Lessee shall not have the right to pledge or assign his/her leasehold interest or to sublet the leased premises or any part thereof. Under no circumstances may any person occupy the property without the written approval of Lessor. 5. LESSEE'S PERSONAL PROPERTY All personal property on the leased premises shall be at the risk of the Lessee only, and Lessor shall not be liable for any damage thereto or theft thereon, nor shall Lessor be liable for any damage to the person or property of Lessee or other persons resulting from the act or neglect of any other Lessee or occupant of the dwelling, lack of repair of the dwelling or any accident occurring in or about the dwelling. Lessor does not have insurance coverage on any of Lessee's property. The safety and security of storage facilities, if any provided, are not the responsibility of the Lessor. The Lessee is advised that all property placed in storage at the Lease date or at any time thereafter is at Lessee's own risk, and the signing of this Lease Agreement is proof that Lessee has been so notified. 6. INJURY TO PERSONS AND PERSONAL PROPERTY Except to the extent caused by an act or omission of Lessor which would constitute negligence or intentional misconduct, neither Lessor nor its principal shall be liable to Lessee, his family, employees or guests, for: (a) any damage to person or property caused by the acts or omissions of any person other than Lessor, whether such persons be off the property of Lessor or on the property with or without permission of Lessor; (b) loss or damages resulting from theft, fire, water, rain, storm, explosion, sonic boom, or other causes whatsoever; (c) loss or damages resulting from failure, interruption or malfunctions in the utilities provided to Lessee under this lease contract; (d) injuries in or around the premises. LESSOR STRONGLY RECOMMENDS THAT LESSEE SECURE ADEQUATE INSURANCE TO PROTECT HIMSELF AGAINST SUCH OCCURRENCES. Neither the Lessor nor its Agent is responsible for or provides fire or casualty insurance for the Lessee' personal pro LESSEE'S ACKNOWLEDGMENT 7. CASUALTY If the dwelling unit or premises are damaged or destroyed by fire or any other casualty to an extent that the use of the dwelling unit is substantially impaired, the resident may (1) immediately vacate the premises, and (2) notify the landlord in writing within fourteen (14) days thereafter of his intention to terminate the rental agreement, in which case the rental agreement terminates as of the date of vacating. If the rental agreement is terminated, the landlord shall return all unpaid rent recoverable under Section 66-28-503 of the Uniform Residential Landlord Tenant Act of the State of Tennessee. Accounting for rent in the event of termination or apportionment is to occur as of the date of the casualty. 8. DEFAULT Lessor reserves the right to and may elect to declare this Lease in default under the Uniform Landlord and Tenant Act. Following are examples of defaults and the appropriate remedies: Curable defaults: For curable defaults (examples: failure to pay rent, damage to unit, noise disturbances, changing locks, etc.), Lessor shall notify Lessee in writing of the default and allow the Lessee 14 days to correct the default. If the Lessee does not cure the default, the Lessor may terminate the lease on the 30th day after notification. However, even if the Lessee cures the default within the 14-day period, the Lessor may not terminate the lease unless the Lessee has the same violation within six months. In that case, the Lessor may issue a 30-day notice of termination. Non-curable default: For non-curable defaults (examples: drug possession or use on the property, continued violations of curable defaults, non-violent criminal conduct of Lessee or guests of Lessee, etc.) Lessor shall notify Lessee in writing of the non-curable default and notify the Lessee that the lease will terminate 30 days from the date of the notice. Threats to Health, Safety and Welfare: For threats to health, safety or welfare or persons or property (examples: violations that pose serious and immediate threats to people or property, brandishing of a deadly weapon, threats of violence to management, staff or other tenants, commission of violent crimes on or off of the property, starting fires in the unit, etc.), Lessor shall notify Lessee in writing of the threats to health, safety, and welfare of persons or property and notify the Lessee that the lease will terminate 3-days from the date of the notice. Should Lessor exercise any of the default provisions upon termination, Lessee agrees to give quiet and peaceful possession of the premises to Lessor. Lessor may in such event re-rent the premises and hold Lessee liable for any subsequent or consequent loss or damage. Lessor may, at its election, continue the Lease and recover as damages from Lessee any unpaid rent until said dwelling is re-rented or until the Lease term expires, whichever occurs first. 9. ATTORNEY FEES, COURT COSTS AND/OR COLLECTION FEES Should the Lessee default under this lease and the Lessor is required to enforce any of the provisions of this lease (not just those associated with rent) the Lessor will be entitled to reasonable attorney's fees, court costs and collection fees incurred as a result of any legal action required to enforce the provisions of this lease. 10. RIGHTS TO INSPECT Lessor or its agents may at all reasonable times enter said leased premises to make repairs, examine and inspect them, and may remove any signs, fixtures, alterations or property not in conformity with this Agreement. 11. ABANDONMENT The Lessee must notify the Lessor of any anticipated extended absence from the premises in excess of seven (7) days. Notice shall be given on or before the first day of any extended absence. The Lessee's unexplained and/or extended absence from the premises for thirty (30) days or more without payment of rent as due shall be prima facia evidence of abandonment. The Lessor is then expressly authorized to enter, remove and store all personal items belonging to Lessee and others. If Lessee do not claim said personal items within an additional thirty (30) days, Lessor may sell or dispose of said personal items and apply the proceeds of said sale to the unpaid rents, damages, storage fees, sale costs, court costs, advertisement, and attorney fees. Any balances are to be held by the Lessor for the Lessee for a period of six (6) months subsequent to the sale date and thereafter forfeited to the Lessor. 12. NOTICE AS REQUIRED BY LAW Service of notice, required by law, between the parties shall be mailed or hand delivered to Lessee at the leased premises and to Lessor at 1326 Woodland Ridge Lane, Knoxville, Tennessee 37919. 13. UTILITIES Lessee is required to obtain his/her own utilities and pay for such utilities directly to the utility company. 14. NOTICE TO LESSOR - ACCIDENT OR DEFECT Lessee shall promptly notify Lessor in writing of any accident or defects in the roof, water pipes, gas pipes, electric light wires, fixtures, or heating apparatus, and Lessor shall not be liable for damages due to any leaks, breakdown, or discontinuance of same. NOTICE OF LEASE RENEWAL Both Lessor and Lessee shall notify the other party in writing at least thirty (30) days prior to the expiration of this Lease of their intent to renew or not renew this Lease. Failure by either party to give notice, or continued occupancy by Lessee after expiration of this Lease for any reason shall be considered a rental from month to month upon the same terms and conditions as set out in the Lease for the original term, and the rent may be adjusted to the rent rate currently being charged for this type of property. 16. TERMINATION OF LEASE Lessee shall have no right to cancel this agreement at any other time during the first 12-month portion of the lease term with exception to allowance made in paragraph 2. 17. ACCEPTANCE BY RESIDENT This contract shall not be affected by any agreements or representations not contained herein. Lessee's act of taking possession shall be conclusive evidence that the premises were in satisfactory condition and in conformity with this agreement between the parties. Lessee has examined the leased premises and notified the Lessor in writing of any preexisting damages or needs or repairs and otherwise agrees to take the property in its present condition without alteration or repair. Lessee will complete a move in checklist to be reviewed by Lessor prior to tenant moving in. Lessor will make agreed upon repairs to fence prior to Lessee taking possession. Lessor will provide fire extinguisher for kitchen and garage. Tenant may use non-impact methods of hanging decorations and pictures on the walls. 18. RULES All rules and regulations are incorporated by reference and made a part hereof. 19. CONDITION OF PROPERTY The Lessee hereby accepts the items as contained in the property as listed below, if provided, and agrees to return them at termination of the Lease in good condition. All of the following are provided: Fire extinguisher, keys, electric refrigerator, hood, stove, microwave, dishwasher, and others, if provided. 20. SAVINGS CLAUSE If any provision of this Lease is determined to conflict with the UNIFORM RESIDENTIAL LANDLORD AND TENANT ACT, thereby making said provision null and void, the nullity shall not affect the other provisions of this Lease which can be given effect without the void provision, and to this end the provisions of this Lease are severable. 21. PET POLICY Pets are not allowed at this property. 22. ACKNOWLEDGMENT LESSEE HEREBY ACKNOWLEDGES THAT HE/SHE HAS READ THIS AGREEMENT AND THE RENTAL APPLICATION. LESSEE AFFIRMS THAT HE WILL, IN ALL RESPECTS, COMPLY WITH THE TERMS AND PROVISIONS OF THIS AGREEMENT. IN WITNESS WHEREOF, the parties have executed this instrument in duplicate on the date and day first written. PROPERTY ADDRESS: 821 Black Rock Circle Knoxville, TN 37934 LESSEE: