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WHEREAS, the Party of the First Part (hereinafter "Lessor") and the Party of the Second Part (hereinafter "Lessee") have mutually agreed upon the terms set forth herein;

NOW, THEREFORE, in consideration of the mutual covenants contained herein and other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the parties agree as follows:

1. Lessee shall be solely and exclusively liable for any and all damages, losses, costs, expenses, claims, demands, and causes of action of every kind and nature whatsoever arising out of or in connection with Lessee's use, occupancy, or possession of the Premises, irrespective of the cause thereof.

2. Notwithstanding any provision herein to the contrary, Lessor reserves the unilateral right to modify, amend, or terminate this Agreement upon thirty (30) days' written notice, without further obligation or recourse.

3. Lessee hereby waives any and all rights to a jury trial in any action arising out of or relating to this Agreement.

Original document

WHEREAS, the Party of the First Part (hereinafter "Lessor") and the Party of the Second Part (hereinafter "Lessee") have mutually agreed upon the terms set forth herein;

3. Lessee hereby waives any and all rights to a jury trial in any action arising out of or relating to this Agreement.

What it actually means

Background:, the Landlord and the You (the tenant) have mutually agreed upon the terms set forth in this contract;

So, in exchange for the promises below

1. You shall be solely and exclusively liable for any and all damages, losses, costs, expenses, claims, demands, and causes of action of every kind and nature whatsoever arising out of or in connection with You's use, occupancy, or possession of the Premises, no matter what caused it.

TrapTrap clause: shifts ALL liability to you, even for things outside your control.

2. Even if another part of this contract says otherwise, Landlord reserves the unilateral right to modify, amend, or terminate this Agreement upon thirty (30) days' written notice, without further obligation or recourse.

WarnWatch out: the other side can change or end the deal on short notice.

3. You waives any and all rights to a jury trial in any action arising out of or relating to this Agreement.

TrapTrap clause: you're giving up your right to a jury trial.