Common use of Operator’s Lien Clause in Contracts

Operator’s Lien. Operator’s heirs, executors, administrators, successors and assigns shall have a lien upon all of Renter’s personal property located within the storage unit for rent, late fees, legal fees, labor or other charges incurred pursuant to this Rental Agreement and for expenses incurred for preservation, sale, or other disposition of the personal property. Pursuant to Montana law, this lien shall have priority over all other liens except for liens that have been perfected and recorded on such personal property and tax liens. If Renter is in default for 60 days or more, Landlord may enforce Operator’s lien rights by selling ▇▇▇▇▇▇’s stored personal property. Sale of the personal property will be by commercially reasonable sale. The time, place and manner of the sale shall be consistent with Montana law. Notices prior to sale shall comport with Montana law, and include a notice of default to Renter at least 30 days prior to the sale, and a notice at least 7 days prior to the sale of the date, time, and location of the sale. In addition, Operator shall advertise such sale as required by law. Excess proceeds from such sale shall be sent to Renter at Renter’s last known address or to such other record lien holders, as their interests may exist.