Breeze Investments, LLC v. Michael Rockwell and MR Floors, LLC (2022)

Citation: Breeze Investments, LLC v. Michael Rockwell and MR Floors, LLC (2022) 5.
Parent Document: Breeze Investments, LLC v. Michael Rockwell and MR Floors, LLC (2022)
Jurisdiction: Missouri (state)
Effective Date: 2022-04-26
Original Source: https://www.courtlistener.com/opinion/6462782/breeze-investments-llc-v-michae... ↗

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5. SECURITY DEPOSIT. Concurrently with tenant’s signing of this Lease and
         Personal Guaranty, Tenant shall deliver to Landlord $1,327.00 as security for the
         performance by Tenant of every covenant and condition of this Lease (the “Security
         Deposit”). Said Security Deposit may be co-mingled with other funds of Landlord
         and shall bear no interest. If Tenant shall default with respect to any covenant or
         condition of this Lease, including, but not limited to the payment of rent, Landlord
         may apply the whole or any part of such Security Deposit to the payment of any
         sum in default or any sum which Landlord may be required to spend by reason of
         Tenant’s damage or default. If any portion of the Security Deposit is so applied,
         Tenant, upon demand by Landlord, shall deposit cash with Landlord in an amount
         sufficient to restore the Security deposit to its original amount. Should Tenant
         comply with all of the covenants and conditions of this Lease, the Security Deposit
         or any balance thereof shall be returned to Tenant promptly after expiration of the
         term thereof.

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