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Occupancy Agreement - 2025-03-19 - 85-104 Alawa Pl, Waianae, HI 96792.pdf

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The 85-104 Alawa Pl Trust, No. 2503180214, Dated 3/18/2025 OCCUPANCY AGREEMENT This Occupancy Agreement is dated 3/19/2025 for reference purposes only and is between Equity Holding Corp . as Trustee of The 85-104 Alawa Pl Trust Dated 3/18/2025, No.2503180214 ("Landlord"), and Poodle LFTY0452 DAO LLC ("Possessor"). 2. Landlord agrees to lease to Possessor Lessee the premises commonly known as 85-104 Alawa Place , Waianae, Hawaii 96792 ("Premises"). 3. Subject to Paragraph #5 below, Possessor here

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The 85-104 Alawa Pl Trust, No. 2503180214, Dated 3/18/2025

OCCUPANCY AGREEMENT
This Occupancy Agreement is dated 3/19/2025 for reference purposes only and is between Equity
Holding Corp . as Trustee of The 85-104 Alawa Pl Trust Dated 3/18/2025, No.2503180214
("Landlord"), and Poodle LFTY0452 DAO LLC ("Possessor").
2. Landlord agrees to lease to Possessor Lessee the premises commonly known as 85-104 Alawa Place
, Waianae, Hawaii 96792 ("Premises").
3. Subject to Paragraph #5 below, Possessor hereby contracts to pay the sum of $3,336.59 per month as
it may from time to time be adjusted, which rental payment and obligation may include, but may not
be limited to, the following:
a. The Mortgage principal and interest, as may from time to time be adjusted, on any
loan secured by Premises.
b. Premiums for all necessary insurance on Premises, as may from time-to-time be
adjusted.
c. Property taxes for Premises, as may from time-to-time be adjusted.
d. Association fees (if/when applicable), as may from time-to-time be adjusted.
4. All repairs and maintenance relative to the leased premises are to remain fully the responsibility of
Possessor hereunder.
5. A Security Deposit of $ 0.00 is due upon inception by the Possessor. In the absence of a full Security
Deposit, rent and any other payments due shall be made in advance to Landlord's agent, Equity
Management Service LLC, on or before the 15th day of the month preceding the date of the month in
which such payments are ordinarily due to the creditors of the Trust that holds the subject leased
property. Should a Security Deposit in the minimum amount of one full monthly obligation have been
placed on deposit with, and maintained by Landlord’s agent, then the payment be considered due and
payable on or before the first day of the month in which such payments are due to the creditors. Rent
is payable by check, by mail, at the following address: P.O. Box 401624, Las Vegas, Nevada 89140
6. If at any time any increases or decreases occur in element of the rental obligations set forth above, the
total monthly rental shall increase or decrease by the same amount, and the contingency fund will be
adjusted accordingly.
7. Possessor agrees to pay to Landlord a late charge of $ 25.00, if the rent is not received within 10
calendar days of its contractual due date. This late charge does not establish a grace period. Landlord
may make written demand for payment if rent is not paid on its due date. Landlord and Possessor
agree that the charge is presumed to be the damages sustained because of Possessor's late payment of
rent, and that it is impracticable or extremely difficult to fix actual damages.
8. Possessor agrees to pay a service charge of $ 35.00 if Possessor's bank returns a rent check for
insufficient funds (NSF). If the bank returns Possessor's rent checks more than once, Landlord may
serve written notice that all future rent be paid in cash or by certified check or money order.
9. The term of this Occupancy Agreement will commence on 3/19/2025, and continue for no more than
two years, eleven months and twenty-nine days therefrom unless terminated earlier by the sale or other
disposition of the subject leased property by Landlord. Should Possessor hold over after expiration of
the term, and Landlord be directed to accept, and does so accept, rent from Possessor in the monthly
amount specified in Paragraph #2 above, possession of the property shall then continue on a monthto-month basis until evicted by Landlord, unless Landlord has been duly instructed to renew or extend
this Agreement.
10. Premises will be possessed by the following named persons, each of whom has executed this
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Trust Setup Instructions

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The 85-104 Alawa Pl Trust, No. 2503180214, Dated 3/18/2025

Occupancy Agreement: Poodle LFTY0452 DAO LLC and/or assigns.
11. This agreement is between Landlord and each named Possessor, individually and severally. The
named Possessor(s) are jointly and severally responsible for performance of their obligations under
this Occupancy Agreement, including the payment of rent.
12. Possessor agrees to indemnify Landlord for any liability arising before termination of this Occupancy
Agreement for personal injuries or property damage caused by the negligent, willful, or intentional
conduct of Possessor, and Possessor's assigns, guests or invites.
13. If Landlord's agent applies all or any portion of Possessor's security deposit during the term of this
Occupancy Agreement to cure a default, or to make necessary repairs to Premises, Landlord's agent
may demand that Possessor replenish the full amount so applied. Possessor's failure to replenish such
amount within five days after written demand will constitute a material breach of this Occupancy
Agreement. The written demand for replenishment will include an itemized statement describing the
disposition of the security.
14. Possessor shall be responsible for paying all real property taxes and assessments, whether general or
specific, which are, or may later be, levied against Premises.
15. Possessor agrees that Premises, fixtures, appliances, and furnishings are in satisfactory condition.
16. Possessor shall, at Possessor's or assign's expense maintain full insurance coverage on the leased
property, including replacement value coverage, insuring Landlord in an amount not less than
$656,899.13. Possessor shall deliver to Landlord certificates evidencing the existence of such
insurance. No policy may be canceled without the prior written consent of Landlord. Possessor or
assigns shall acquire personal contents insurance coverage solely at their option.
17. Possessor may not assign Possessor's interest under this Occupancy Agreement in the absence of a
formal Assignment Agreement coupled by an Occupancy Agreement to be executed by the assignee.
18. Premises are to be utilized for residential purposes only, and may not be used by Possessor for any
other purpose, unless specific permission is granted in writing by landlord.
19. Possessor or assigns shall be responsible for payment of all utilities and service charges related to
possession of the premises.
20. Possessor and assigns agree to perform the following obligations:
a. To keep Premises as clean and sanitary as their condition permits;
b. To dispose of all rubbish, garbage, and other waste in a clean and sanitary manner;
c. To use and operate properly all electrical, gas, and plumbing fixtures and pipes, and
to keep them as clean and sanitary as their condition permits;
d. To refrain from willfully or wantonly destroying, defacing, damaging, impairing, or
removing any part of Premises or the facilities, equipment, or appurtenances, or
permitting any person on Premises to commit such acts;
e. To occupy Premises as Possessor's abode, using designated portions of Premises for
living, sleeping, cooking, and dining purposes; and
f. To comply with any Covenants, Conditions and Restrictions regarding Premises.
21. Neither Possessor nor assigns may use Premises for any unlawful purpose, violate any law or
ordinance, or commit waste or nuisance on Premises.Repairs and maintenance expenditures are fully
the responsibility of Possessor and assigns: though no amount of such expenditure shall be refundable
or credited to Possessor, unless such work is done at the written direction of Landlord, following
Possessor's notification of the necessity of such work and request for credit for expenses relative
thereto. Such notification and request for credit must be by certified mail and delivered to Landlord
in care of the property management company at the address shown herein, and must be accompanied
Trust Setup Instructions

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© Copyrighted Material. Do Not Reproduce for Any Reason. All Rights Reserved.