NOTICE-BY
LESSOR OF TERMINATION OF LEASE
DUE TO
DEFAULT IN RENTAL
To:
__________________________________
(Lessee)
__________________________________
(Address)
__________________________________
Notice
is given that under the lease agreement between _______________ (Lessee) and
______________ (Lessor), dated _________ (Date), whereby _____________ (Lessee)
leased from ______________ (Lessor) __________ (Describe Personal Property
Leased), the sum of __________ ($__________), rent payment for the
______________ (month or other period of time; if more than one month, list
each month separately), is unpaid and in default.
Notice
is given that ________________ (Lessor), pursuant to the terms of such
agreement, elects to terminate the lease by reason of such default, and to take
immediate possession of the personal property that is the subject of the lease.
You
are required to deliver to ________________ (Lessor) all of the leased
property, at the premises of ___________________ (Lessor) on receipt of this
notice, in accordance with the terms of the lease agreement.
Dated
__________.
_____________________________________________
Signature
of Lessee
_____________________________________________
Signature
of Lessor
This is a UCC Leasing
provision. It is designed to supplement
UCC
“Leasing" forms found in this
category.