I Understand and Agree UPON FINAL ACCEPTANCE OF THE APPLICATION, ALL DEPOSITED MONIES, WILL BE APPLIED TO DEPOSIT REQUIRED IN THE LEASE. THE LANDLORD RESERVES THE RIGHT TO REQUIRE THAT THE ENTIRE AMOUNT OF THE SECURITY DEPOSIT BE PAID BY THE APPLICANT WITHIN 24 HOURS OF ACCEPTANCE TO HOLD THE PROPERTY. APPLICANT AGREES TO SIGN A LEASE AGREEMENT IN THE STANDARD FORM REQUIRED BY AGENT. NO APPLICATION FEE IS CHARGED, HOWEVER, A ONE-TIME $125 PROCESSING FEE IS DUE ON OR BEFORE MOVE-IN. SHOULD APPLICANT WITHDRAW AFTER ACCEPTANCE OR FAIL TO TAKE OCCUPANCY ON THE AGREED DATE FOR ANY REASON, THE ENTIRE SECURITY DEPOSIT WILL BE RETAINED BY THE LANDLORD AS DAMAGES FOR TAKING THE PROPERTY OFF THE RENTAL MARKET. THE PREVAILING PARTY IN ANY LEGAL ACTION WILL BE ENTITLED TO ATTORNEY FEES AND COURT FEES AND OTHER EXPENSES. PERSONAL CHECKS WILL NOT BE ACCEPTED FOR DEPOSIT OR MOVE-IN FUNDS.

RENTER'S INSURANCE, ALSO KNOWN AS LIABILITY INSURANCE IS REQUIRED FOR ALL TENANTS. PROOF OF INSURANCE WITH JOHN HALL & ASSOCIATES ADDED AS ADDITIONAL INSURED MUST BE PROVIDED PRIOR TO MOVE-IN AND MUST BE MAINTAINED THROUGHOUT TENANCY