An agreement made this ……….. day of ………….. between AB etc. (hereinafter called the owner), of the one part and CD etc. (hereinafter called the hirer), of the other part,
2. The hirer already paid to the owner the sum of Rs. ……….. being the first month’s rent (the receipt of which sum the owner hereby acknowledges), and the hirer shall continue to pay to the owner a further sum of Rs. ………. per month, as instalment of such rent on the …………… day of each succeeding month during the said term, the next payment to be made on the ……….. day of ………..
4. The hirer shall not, without the owner’s previous written consent, remove or permit removal of the said goods and effects from the above address of the hirer; such consent shall not be unreasonably withheld.
6. The hirer shall punctually and regularly pay or cause to be paid the rates and taxes payable by him in respect of the premises, where the said goods and effects may for the time being be kept, and if any such rates and taxes shall not be paid on the exact day whereon the same shall become due, this agreement shall thereupon and thereby stand terminated even without notice or demand.
8. Notwithstanding anything hereinbefore contained, the hirer may terminate this agreement at any time by surrender and return of the said goods and effects to the owner but nevertheless he shall remain liable for the balance of instalments still to be paid.
10. The hirer shall keep the goods insured against fire, theft, injury, accident and also third party risks in the name of the owner or in their joint names and regularly and punctually pay each premium as and when the same shall become due.
11. Any time concession or indulgence granted or shown on the part of the owner will not prejudice his rights under this agreement.
And I further declare that any time indulgence, forbearance, waiver or variation of the terms of this agreement shall not operate as a discharge of my liability as surety under these presents.