Mount Pleasant Security Deposits

It is expressly agreed that the lessees shall deposit with the lessor A SECURITY DEPOSIT EQUAL TO 125% (1 ¼) OF ONE RENTAL PAYMENT and last month's rent. This amount is due at the time of lease. If the full deposit is not paid by the specified due date, monies collected are non-refundable and lessor reserves the right to terminate this agreement and to re-show and re-lease the premises described above. The lessor can also, at their discretion, hold the lessees liable for the entire lease period.