Use and types of goods allowed:
The unit may not be used as a dwelling, workshop or shelter. Only movable property, as per the Storage Unit Agreement, may be stored. No goods that are perishable, illegal, hazardous, a fire risk, explosive, foul smelling, illegal drugs, tobacco products, liquor or anything that constitutes a risk or nuisance to the staff or other lessees of the units, in any way, may be stored. Nothing is allowed to be attached to the roof trusses, rafters or the walls of the buildings. Should this clause be violated in any way the items will be removed and disposed of at the Lessee’s expense and with no compensation to the Lessee. If reasonably possible, the Lessee will be given notice of the removal and disposal. The Lessee warrants that all Goods stored are its own property or Goods which it is legally entitled to store.
Breach:
The Lessor shall be entitled to cancel this agreement, or demand specific performance of the Lessee’s obligations, together with any damages suffered by the Lessor, as a result of the Lessee failing to meet his/her obligations under this agreement, provided that the Lessor give the Lessee twenty (20) days written notice.The Lessee hereby pledges to the Lessor, as security for its obligations in terms of this agreement, all Goods stored by the Lessee in the Storage Unit. In this regard, the Lessee agrees that the act of storing Goods in the Storage Unit will constitute delivery of the said Goods to the Lessor, thereby constituting the pledge.
Should the Lessee fail to remove his/her Goods from the Storage Unit, in accordance with clause 5 above, in the event of the cancellation of this agreement, the Lessor will be entitled to remove the Lessee’s lock, retake possession of the Storage Unit and sell or otherwise dispose of the Lessee’s Goods.
The Lessor shall have tacit hypothec and lien on all Goods stored in the Storage Unit to secure payment of all amounts due to the Lessor under this agreement. In terms thereof, the Lessee shall not be entitled to remove any Goods from the Storage Unit until all its debts are paid in full to the Lessor.
The Lessee hereby warrants that he/she/legal entity is the lawful owner of all goods stored in the unit and that such goods are free from any claim which may arise from a third party. *
In the event of non-payment of any monthly rental/s and/or any other amounts due by the Lessee to the Lessor, the Lessee hereby irrevocably agrees and authorizes the Lessor to sell all goods stored in the unit by public auction to the highest bidder on the condition that the Lessor has fulfilled the following procedure *
The Lessor has given the Lessee 20 days written notice of his/her/its breach of the agreement and the amount owing to the Lessor in terms of the agreement and to demand rectification of such breach within 20 days, failing which the Lessor cancels the agreement without any further notice to the Lessee.
In the event that the Lessee has failed to rectify his breach of the agreement within the 20 day period, as mentioned herein above, the Lessor will then give the Lessee a further 20 days written notice of its intention tosell the goods on public auction in order to recover all amounts owing by the Lessee to the Lessor in terms of the agreement.
After the lapse of the above periods, and the Lessee has still failed and/or neglected to rectify his/her/its breach of the agreement, the Lessor will be entitled to and is hereby authorized by the Lessee to immediately proceed with a sale by public auction of the goods stored in the unit. The nett proceeds of such auction will be utilized to recover the outstanding amounts owing to the Lessor by the Lessee.
Should the nett proceeds recovered be in excess of the outstanding amount owing, the balance of the funds will be paid to the Lessee by the Lessor within 10 days
after the date of the public auction. *
The Lessee hereby irrevocably authorized the Lessor to hold the above-mentioned public auction at the premises of the Lessor and will be authorized to appoint a registered auctioneer to attend to the public auction. *
The Lessee can at any stage before the public auction, reclaim all goods in the unit and stop the public auction of the goods, by paying the full outstanding amount owing to the Lessor in terms of the agreement as well as all legaland/or auctioneering costs incurred by the Lessor in terms of the agreement. The Lessee must immediately remove all goods stored in the unit on payment of the amounts mentioned herein above.