This lease is entered into this______________,
between Mr. and Mrs. XXX, of FARM
Name, hereafter known as “the landlord” and _______________, of _____________________, hereafter known as
“the tenant.”
I. PROPERTY DESCRIPTION
The landlord hereby leases to the tenant, to occupy and use for
agricultural and related purposes, the following described property:
WRITE
DESCRIPTION HERE
II. GENERAL TERMS OF LEASE
A. Time
period covered. The provisions of this
agreement shall be in effect for three (3) years, commencing on the_____________. This lease shall continue in effect from year
to year thereafter unless written notice of termination is given by either
party to the other at least sixty (60) days prior to expiration of this
lease or the end of any year of continuation.
Upon the mutual agreement of the landlord and the tenant, the tenant
will be granted a three (3) year extension of this lease commencing on the
expiration of the original three (3) year term.
B. Review
of lease. A written request is required
for a general review of the lease or for consideration of proposed changes by
either party, at least thirty (30) days prior to the final date for giving
notice to terminate the lease as specified in IIA.
C. Amendments
and alterations. Amendments and
alterations to this lease shall be in writing and shall be signed by both the
landlord and tenant.
D. No
partnership intended. It is particularly
understood and agreed that this lease shall not be deemed to be nor intended to
give rise to a partnership relation.
E. Transfer
of property. If the landlord should sell
or otherwise transfer title to the farm, he will do so subject to the
provisions of this lease.
F. Right
of entry. The landlord reserves the
right for himself, his agents, his employees, or his assigns to enter the farm
at any reasonable time to: a) consult with the tenant; b)
make repairs, improvements, and inspections; and c)
(after notice of termination of the lease is given) do plowing, seeding,
fertilizing, and any other customary seasonal work, none of which is to
interfere with the tenant in carrying out regular farm operations.
G. No
right to sublease. The landlord does not
convey to the tenant the right to lease or sublet any part of the farm or to
assign the lease to any person or persons whomever.
H. Binding
on heirs. The provisions of this lease
shall be binding upon the heirs, executors, administrators, and successors of
both landlord and tenant in like manner as upon the original parties, except as
provided by mutual written agreement.
I. Landlord’s
lien for rent and performance. The
landlord’s lien provided by law on crops grown or growing and livestock
pastured shall be the security for the rent herein specified and for the
faithful performance of the terms of the lease.
If the tenant fails to pay the rent due or fails to keep the agreements
of this lease, all costs and attorney fees of the landlord in enforcing
collection or performance shall be added to and become a part of the
obligations payable by the tenant hereunder.
J. Additional
provisions.
III. LAND USE
A. General
provisions. The land described in
Section I will be used in approximately the following manner. If it is impractical in any year to follow
such a land use plan, appropriate adjustments will be made by mutual written
agreement between the parties.
1. Cropland -
None
a)
Row crops acres
b)
Small grains acres
c)
Legumes acres
2. Permanent pasture/Hayland: acres
3. Other:
acres
4. Total acres
B. Government
programs. The extent of participation in
government programs will be discussed and decided on an annual basis. The course of action agreed upon shall be
placed in writing and be signed by both parties. A copy of the course of action so agreed upon
shall be made available to each party.
IV. CASH RENT AND RELATED PROVISIONS
A. General
agreement. The tenant agrees to pay cash
rent annually commencing the first day of the second year of this lease.
Total
cash rent......................
$ ( the year)
$ (
the year)
$ (
the year)
Payment
of cash rent: The tenant agrees to pay
cash rent as follows:
$ on or before the 1st day of February,
$ on or before the 1st day of August,
$ on or before the 1st day of February,
$ on or before the 1st day of August,
During
the first year of this lease the tenant agrees to the following in lieu of cash
rent:
LIST
ITEMS HERE.
If
rent is not paid when due, the tenant agrees to pay interest on the amount of
unpaid rent at the rate of _____
percent per annum from due date until paid.
B. Other
Cash Rent Agreements
1. Pasturing.
The tenant will prevent damage to cropland, growing crops, and pasture
by livestock.
2. Home use.
The tenant may take for home use the following kinds and quantities of
crops:
None without the permission of the landlord
3. Manure.
All manure produced on the farm will remain on the farm.
4. Timber. The tenant will not remove timber from the
farm without the specific permission of the landlords on each occasion.
V. OPERATION AND MAINTENANCE OF THE FARM
In order to operate this farm efficiently
and to maintain it in a high state of productivity, the parties agree as
follows:
A. The tenant agrees:
1. General maintenance. To provide the unskilled labor necessary to
maintain the farm and its
improvements during his tenancy in good
condition. Normal wear and depreciation
and damage from causes beyond the tenant’s
control are excepted.
2. Land use.
Not to: a) plow pasture or meadowland, b)
cut live trees for sale or personal use, or
c) pasture new seedlings of
legumes and grasses in the year they are seeded without consent of the
landlord.
3. Insurance.
The tenant will carry liability insurance in the amount of at least one
million dollars ($ 1,000,000.00)
and will list the landlord as additional insured on such policy. The tenant will furnish the landlord
a certificate of this coverage by, or before, the signing of this agreement and
each year thereafter. The tenant will not house automobiles, motor
trucks, or tractors in barns, or otherwise violate restrictions in the
landlord’s insurance policies without written consent from
the landlord.
4. Internal fencing. To fix and maintain fencing as needed to
rotate livestock.
5. Availability. To be available in case of emergency. The tenant will keep the landlord
informed as to where he can be reached
at all times, day and night.
6. Noxious weeds. To use diligence to prevent noxious weeds
from going to seed on the farm. Treatment of the noxious weed infestation
and cost thereof shall be born by the tenant.
7. Addition of improvements. Not to:
a) erect or permit to be erected
on the farm any nonremovable structure or building, b)
incur any expense to the landlord for such purposes, or
c) add electrical wiring,
plumbing, or heating to any building without written consent of the landlord.
8. Conservation. Control soil erosion as completely as
practicable.
9. Damages.
When he leaves the farm, to pay the landlord reasonable compensation for
any damages to the farm for which he, the
tenant, is responsible. Any decrease in
value to ordinary wear and depreciation or damages outside
the control of the tenant are expected.
10.
Costs of operation. To pay all costs of
operation except those specifically referred to in Sections
IV and V.
11.
Repairs. Not to buy materials for
maintenance and repairs without written consent of the landlord.
12. Hunting and all nonagricultural
uses of the farm. Not to hunt or use the
farm in any way not expressly mentioned in this lease without
written consent of the landlord.
B. The
landlord agrees:
1. Provision for water. To provide water and the watering trough for
livestock.
2. Soil testing. The landord will be responsible for annual or
biannual soil testing, the results of which will be reported to the tenant.
3. Loss replacement. To replace or repair as promptly as possible
any building regularly used by the tenant that may be destroyed or
damaged by fire, flood, or other causes beyond the control of the tenant or to make rental
adjustments in lieu of replacements.
4. Materials for repairs. To furnish all material needed for normal
maintenance and repairs of fencing.
C. Both
agree:
1. Not to obligate other party. Neither party hereto shall pledge the credit
of the other party hereto for any purpose whatsoever without
the consent of the other party. Neither
party shall be responsible for debts or
liabilities incurred, or for damages caused by the other party.
2. Minerals rights. Nothing in this lease shall confer upon the
tenant any right to minerals underlying said land, but same are hereby
reserved by the landlord together with the full right to enter upon the premises and to
bore, search, and excavate for same, to work and remove same,
and to deposit excavated rubbish, and with full liberty to pass over said premises with vehicles
and lay down and work any railroad track or tracks, tanks, pipelines, power
lines, and structures as may be necessary or
convenient for the above purpose. The landlord agrees to reimburse the tenant for any actual
damage he may suffer for crops destroyed by these activities and to release the tenant from
obligation to continue farming this property when development of mineral resources
interferes materially with the tenant’s opportunity to make a satisfactory return.
VI. ARBITRATION OF DIFFERENCES
Any
differences between the parties as to their several rights or obligations under
this lease that are not settled by mutual agreement after thorough discussion,
shall be submitted for arbitration to a committee of three disinterested
persons, one selected by each party hereto and the third by the two thus
selected. The committee’s decision shall
be accepted by both parties.
Executed in duplicate on the date first above
written:
_______________________________________ _____________________________________
(tenant) (landlord)
_______________________________________ _____________________________________
(tenant spouse) (landlord)
_____________________________________
(landlord)
_____________________________________
(landlord)
STATE OF
____________________________}
SS:
On
this _________________ day of ___________________ A.D., 20 ______, before me, the undersigned, a
Notary Public in said State, personally appeared
__________________________________
______________________ , ____________________________ , ______________________________ , and _______________________ , to me known to be the identical persons named
in and who executed the foregoing instrument, and acknowledged that they
executed the same as their voluntary act and deed.
_______________________________
Notary Public