Indoor & Outdoor Boat, RV, & Auto Storage

Storage Agreement

This Storage Agreement, dated, is for the storage of the Boat/RV/Trailer (described below) by and Between L&L Unlimited, LLC dba Rockingham Marine, a Tennessee limited liability company and the Boat/RV Trailer Owner/ Authorized Agent and is subject to the following terms and conditions of this agreement, which the Owner Acknowledges and agrees with.

The owner verifies that a copy of the active and valid certificate of Insurance and a copy of Valid Driver’s License is attached hereto and made a part of this agreement.

The first month’s rent shall be paid upon execution on this Agreement and is non-refundable. The Owner agrees to continue to pay rent at least one full month at a time and authorizes Rockingham Marine to charge such amount to its credit card in advance on the 1st of the month. Rockingham Marine does not refund rent for partial months. Any sums not paid when due shall accrue interest at an annual rate of 10% (ten percent) until paid in full. Monthly rental does not include taxes, shop supplies/ oil disposal fees, or optional add-on services.

Term: Month to Month Billing on 1st day of each month

TERM WILL AUTO RENEW FOR THE SAME TERM UNLESS THE OWNER CANCELS BEFORE THE CURRENT RESERVATION EXPIRES.

USE: Owner Acknowledges that the Outdoor/ Warehouse storage area (Unit) is to be used to store personal items. The owner agrees that no food storage, freezers, heaters, gas, oil, edible, flammable, toxic, explosive, dangerous, or noxious materials may be stored in the units. The units may not be used to operate a business, perform Boat/RV/ Trailer maintenance or other workshop activities. The owner agrees to use reasonable care to see that no damage occurs to the unit such as drilling holes in the walls or floor and will keep the unit always locked. The owner agrees to return the unit in the same condition as presented upon commencement of use.

INSURANCE: The Owner acknowledges that Rockingham Marine does not carry insurance on the stored inventory. The Owner warrants that the Boat/RV/Trailer is insured under a Hull and Machinery Policy or All- Risk Policy in an amount equal to the inventory’s value. The Owner warrants that the stored property has in addition to third party liability insurance coverage of at least $500,000 per occurrence. The Owner further accepts responsibility for any damage to other inventory, Rockingham Marine property, or injuries to persons present on Rockingham Marine’s property caused by the stored inventory in this Agreement. 

Rockingham Marine is not responsible for any lost, stolen, or damaged inventory listed in this Agreement. Storing inventory on Rockingham Marine property is the complete liability of the Owner/s signing this Agreement. Any inventory that is listed in this Agreement will be the sole responsibility of the Owners and any damage, lost, or stolen inventory is covered by the Owners insurance Policy that is required to maintain by the owner/s in this Agreement.

DAMAGE MITIGATION. In the event of an emergency, threat to safety, or security, the Owner authorizes Rockingham Marine, but does not obligate Rockingham Marine, to attempt appropriate measures to mitigate damages to the inventory, and Rockingham Marine’s property and environs. The Owner agrees to pay Rockingham Marine its reasonable charges for such mitigation attempts.

NO BAILMENT. The Owner acknowledges that Rockingham Marine does not have exclusive possession and control of the inventory, which is shared during the storage period with the Owner, who has access to it. The Owner fully acknowledges responsibility for the safety and security of the inventory for storage during this Agreement. The Owner acknowledges this Agreement does not constitute a bailment and is not for any specific storage space or work to be conducted by Rockingham Marine.

NEGLIGENCE EXCLUSION AND HOLD HARMLESS. The Owner acknowledges that the Owner is responsible for the inventory listed in this Agreement, and any persons brought to Rockingham Marine’s property by the Owner or otherwise present at Rockingham Marine’s property as Owner’s invitees. The Owner agrees and understands that Rockingham Marine shall not be held in breech of contract or negligent for any dollar damages due to (A) an injury to persons, including death or (B) lost, stolen or damage to any inventory and its contents while stored on Rockingham Marine’s property. This exclusion of any claim by Owner/s and Owner’s invitees for breach of contract or negligence includes any incident arising in any way from this Agreement and storage of the inventory at Rockingham Marine’s property, regardless of whether of caused by Rockingham Marine’s or its agents’ acts or omissions, wind, rain, snow/ice, flood, sinking, fire, spillage, power outage, structural or mechanical failure, theft, vandalism, or any other event not listed. Accordingly, the Owner agrees to indemnify, defend, and hold harmless Rockingham Marine from all claims of bailment, all claims of breech of contract, and all claims of negligence against Rockingham Marine arising from this Agreement.

PAYMENT AND DEFAULT. The Owner is aware that failure to pay will result in suspension of access privileges, collections efforts, and enforcement of rights available under applicable Tennessee law. The Owner agrees that any unpaid amounts due Rockingham Marine hereunder constitutes maritime lien on the inventory listed in this agreement in favor of Rockingham Marine. If the Owner does not pay all unpaid amounts due and remove the inventory after written demand to do so, the Owner agrees that Rockingham Marine at its option and decision sell the listed inventory non-judicially to recover unpaid amounts due Rockingham Marine and take such steps as Rockingham Marine deems appropriate to remove the inventory from Rockingham Marine’s property, including disposal of the Boat/RV/Trailer. 

BEFORE THE SALE, OWNER WILL BE NOTIFIED BY FIRST-CLASS MAIL AND BY CERTIFIED MAIL OF THE AMOUNT DUE. THE NOTICE WILL BE MAILED TO THE OWNER’S LAST KNOWN ADRESS. IN ORDER TO PRESERVE THE OWNER’S RIGHT TO BE NOTIFIED, IT IS IMPORTANT THAT THE OWNER NOTIFY ROCKINGHAM MARINE OF ANY CHANGES IN MAILING ADDRESS.

MISCELLANEOUS. Should any term or condition of this Agreement be held void or unenforceable, then that term or condition shall be deemed narrowed or severed and the enforceability of the remainder shall not be affected and will remain in full force and effect. Venue or any lawsuits arising from this Agreement shall be at Rockingham Marine’s sole discretion. The Owner consents to the Jurisdiction of Rockingham Marines choice of such courts. The Owner agrees to pay Rockingham Marine’s reasonable attorney fees and court costs incurred in enforcing the provisions of this Agreement. This Agreement is not transferable or assignable by the Owner. No other representation or inducement, verbal or written, has been made regarding the Boat/RV/ Trailer storage which is not included in this Agreement.