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RESIDENTIAL LEASE

RENEWAL

BY THIS AGREEMENT made and entered into between Filomena A. Volpe and Maria R.
Volpe, herein referred to as Landlords, and Amy Tweed herein referred to as Tenant,
Landlords lease to Tenant the premises located at 11 Catskill Street, Albany, New York
12203, for a term of 1 (one) year, to commence on July 1, 2010 at 12:00 a.m. and to end on
June 30, 2011 at 11:59 p.m. The parties agree as follows:

1. Terms. Tenant agrees to pay in one check, without demand, to Landlords as rent for the
demised premises the sum of thousand one hundred dollars ($1,100.00) per month,
postmarked no later than the first day of each calendar month beginning July 1, 2010, to be
payable to Filomena A. Volpe at Box 11101, Albany, New York 12211, or at such other place
as Landlords may designate.

2. Security Deposit. Upon execution of lease, Tenant deposits with Landlords one thousand
one hundred dollars ($1,100.00) receipt of which is acknowledged by Landlords, to be
returned to Tenant, without interest, provided that the Tenant fulfills the conditions of this
lease and upon vacating the premises leave the premises in the same condition as when
first occupied except for ordinary wear and tear within sixty (60) days upon expiration of
lease. Should Tenant not carry out the terms of this lease, including not moving into the
premises, Landlords may keep all or part of the security deposit for any losses incurred,
including missed payments. Security deposit shall not be used for payment of last month's
rent.

3. Payment of Rent. Tenant shall pay a late fee of thirty five dollars ($35.00) for each
payment that is postmarked after the first of the month. Failure to pay rent or additional
rent related fees on time may result in cancellation of the lease. The Tenant must leave
the premises and return the keys to the Landlords. The Tenant will continue to be
responsible for any rent, damages, expenses, and losses.

If the lease is cancelled, or rent or other added expenses are not paid on time, or Tenant
vacates the premises, the Landlords may in addition to other remedies, take any of the
following steps: (1) enter the premises and remove Tenant and any person or property (2)
use dispossess, eviction or other lawsuit method to take back the premises.

Landlords may re-rent the Premises and anything in it for any Term, for a lower rent, and
give allowances to the new tenants. Tenant will be responsible for Landlords’ cost of re-
renting which shall include the cost of repairs, decorations, broker’s fees, attorney’s fees,
advertising, and preparation for renting. Tenant shall continue to be responsible for rent,
expenses, damages and losses. Any rent received from the re-renting will be applied to the
reduction of money Tenant owes. After possession is given to the Landlords by a court, the
Tenant waives all rights to return to the premises.

4. Utilities. Tenant shall be responsible for arranging for and paying for all utility services
required on the premises, including gas, heat, and electric. Tenant shall pay for water
bill directly to Landlords upon receipt of bill.

5. Non-Sufficient Funds. Tenant shall be charged thirty five dollars ($35.00) for each check
that is returned to Landlords for lack of sufficient funds.

6. Use of Premises/Absences. The demised premises shall be used and occupied by


Tenant exclusively as a private single family residence, and neither the premises nor any
part thereof shall be used at any time during the term of this lease by Tenant for the
purpose of carrying on any business, profession, or trade of any kind, or for any purpose
other than as a private single family residence. Tenant shall comply with all the sanitary
laws, ordinances, rules, and orders of appropriate governmental authorities affecting the
cleanliness, occupancy, and preservation of the demised premises during the term of this
lease. Tenant shall be responsible for snow removal, mowing the lawn and
overall maintenance and grooming of the landscaping. Tenant shall notify Landlords
of any anticipated extended absence from the Premises not later than the first day of the
extended absence.

7. Number of Occupants. Tenant agrees that the demised premises shall be occupied by
Amy Tweed. Any changes are subject to written consent of Landlords.

8. Condition of Premises. Tenant stipulates that they have examined the demised
premises, including the grounds and all buildings and improvements, and that they are, at
the time of this lease, in good order, repair, and a safe, clean, and tenantable condition.

9. Assignment and Subletting. Tenant shall not assign this lease, or sublet or grant any
concession or license to use the premises or any part thereof. An assignment, subletting,
concession, or license, or an assignment or subletting by operation of law, shall be void and
shall, at Landlords' option, terminate this lease.

10. Alterations and Improvements. Tenant shall make no alterations to the


buildings on the demised premises or construct any building or make other improvements
on the demised premises, including wallpapering, interior or exterior painting and/or other
decorating without the prior consent of Landlords. Tenant shall make no holes in the doors,
or in wallpapered walls. All alterations, changes, and improvements built, constructed, or
placed on the demised premises by Tenant, with the exception of fixtures removable
without damage to the premises and movable personal property, shall, unless otherwise
provided by written agreement between Landlords and Tenant, be the property of
Landlords and remain on the demised premises at the expiration or sooner termination of
this lease.

11. Damage to Premises. If the demised premises, or any part thereof, shall be
partially damaged by fire or other casualty not due to Tenant’s negligence, the premises
shall be promptly repaired by Landlords and the rent may be prorated. If the Landlords shall
decide not to rebuild or repair, the term of this lease shall end. If the premises are
damaged due to Tenant’s negligence, Landlords will assess Tenant for expenses incurred.

12. Dangerous Materials/Prohibited Items. Tenant shall not keep or have on the
leased premises any article or thing of a dangerous, inflammable, or explosive character
that might unreasonably increase the danger of fire on the leased premises or that might
be considered hazardous or extra hazardous by any responsible insurance company.
Waterbeds or any articles or things that might damage the premises are prohibited.

13. Property Insurance. Landlords and Tenant shall each be responsible to maintain
appropriate insurance for their respective interests in the Premises and property located on
the Premises.

14.Maintenance and Repair. Tenant will, at her sole expense, keep and maintain the
leased premises and appurtenances in good and sanitary condition and repair during the
term of this lease and any renewal thereof. In particular, Tenant shall keep the fixtures in
the house or on or about the leased premises in good order and repair; keep electric bells
and smoke detectors in order; keep the walks free of dirt and debris; and, at their sole
expense, shall make all required repairs to the plumbing, range, heating, apparatus, and
electric and gas fixtures whenever damage thereto shall have resulted from Tenant’s
misuse, waste, or neglect. Major maintenance and repair of the leased premises, not due
to Tenant’s misuse, waste, or neglect shall be the responsibility of Landlords or their
assigns. Tenant shall notify Landlords of any damages or repairs as soon as such damages
or repairs are recognized. Failure to do so may result in Tenant incurring expenses for such
damages or repairs.

15. Keys and Locks. Tenant shall not install new locks without written consent of the
Landlords. If written consent is provided, Tenant shall provide Landlords with a duplicate
key(s) upon installation. Replacement locks shall be installed in the same size openings as
currently in place. Existing keyed window locks on the first floor of premises shall not be
removed. Tenant will be given one (1) set of keys to premises and one (1) set of keys for
windows. If all keys are not returned to the Landlords at the end of the Lease, the
replacement costs will be deducted from the security deposit.
16. Animals. Tenant shall not keep domestic or other animals on or about the leased
premises. Animals kept on the premises result in termination of lease.

17. Access by Landlords to Premises. Landlords and their agents shall have the right at
all reasonable times during the term of this lease and any renewal thereof to enter the
demised premises for the purpose of inspecting the premises, providing necessary services,
showing the dwelling to prospective buyers, mortgagees, tenants or workers. As provided
by law, in the case of an emergency, Landlords may enter the Premises without Tenant’s
consent.

18. Display of Signs. Tenant agrees that no signs shall be placed on or about the leased
premises by or at their direction without the prior written consent of Landlords. During the
last thirty (30) days of this lease, Landlords or their agents shall have the privilege of
displaying the usual "For Sale" or "For Rent" or "Vacancy" signs on the demised premises
and of showing the property to prospective purchasers or tenants.

19. Subordination of Lease. This lease and Tenant’s leasehold interest hereunder are and
shall be subject, subordinate, and inferior to any liens or encumbrances now or hereafter
placed on the demised premises by Landlords, all advances made under any such liens or
encumbrances, the interest payable on any such liens or encumbrances, and any and all
renewals or extensions of such liens or encumbrances.

20. Holdover by Tenants. Tenant shall vacate premises upon expiration of this lease,
unless this lease is renewed 45 days prior to the expiration date.

21. Abandonment. If at any time during the term of this lease Tenant abandons the
demised premises or any part thereof, Landlords may, at their option, enter the demised
premises by any means without being liable for any prosecution therefor, and without
becoming liable to Tenant for damages or for any payment of any kind whatever, and may,
at their discretion, as agent for Tenant, relet the demised premises, or any part thereof, for
the whole or any part of the then unexpired term and may receive and collect all rent
payable by virtue of such reletting, and, at Landlords' option, hold Tenant liable for any
difference between the rent that would have been payable under this lease during the
balance of the unexpired term if this lease had continued in force, and the net rent for such
period realized by Landlords by means of such reletting. If Landlords' right of re-entry is
exercised following abandonment of the premises by Tenant, then Landlords may consider
any personal property belonging to Tenant and left on the premises to also have been
abandoned, in which case Landlords may dispose of all such personal property in any
manner Landlords shall deem proper and are hereby relieved of all liability for doing so.

22. Notice. Notices under this Lease shall not be deemed valid unless given or served in
writing and forwarded by mail, postage prepaid, addressed as follows: Landlords: Filomena
A. Volpe and Maria R. Volpe, Box 11101, Albany, New York 12211 and Tenant: Amy Tweed,
11 Catskill Street, Albany, New York, 12203.

23. Binding Effect. The agreements and conditions herein contained shall apply to and bind
the heirs, legal representatives, and assigns of the parties hereto, and all agreements are
to be construed as conditions of this lease.

_________________________________________ _____________________________________________

Landlord Signature Tenant Signature

________________________________________ _____________________________________________
Landlord Signature Date

________________________________________

Date

Tenant has inspected the Premises and states that the Premises are in satisfactory condition,
free of defects, except as noted below:

SATISFACTORY COMMENTS
Carpeting
Upstairs ______ _______________________________
Stairway ______ _______________________________
Downstairs ______ _______________________________
Hardwood floors ______ _______________________________
Walls ______ _______________________________
Wallpaper
Kitchen ______ _______________________________
Downstairs Bath ______ _______________________________
Upstairs Bath ______ _______________________________
Stove ______ _______________________________
Refrigerator ______ _______________________________
Dishwasher ______ _______________________________
Storms/Screens ______ _______________________________
Windows ______ _______________________________
Bathrooms
Downstairs ______ _______________________________
Upstairs ______ _______________________________
Closets
Downstairs ______ _______________________________
Upstairs ______ _______________________________
Ceilings ______ _______________________________
Doors ______ _______________________________
Locks
Front door ______ _______________________________
Back door ______ _______________________________
Deck door ______ _______________________________
Garage doors ______ _______________________________
Windows______ _______________________________
Light Fixtures
Downstairs ______ _______________________________
Upstairs ______ _______________________________
Deck ______ _______________________________
Deck Lights ______ _______________________________
Smoke Detectors ______ _______________________________
Front Door Bell ______ _______________________________
Blinds ______ _______________________________

________________ ______ _______________________________

_______________________________ _______________________________
Landlord Tenant

Amy Tweed
11 Catskill Street
Albany, New York 12203

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