<SEC-DOCUMENT>0000004457-13-000039.txt : 20131004
<SEC-HEADER>0000004457-13-000039.hdr.sgml : 20131004
<ACCEPTANCE-DATETIME>20131004170300
ACCESSION NUMBER:		0000004457-13-000039
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		6
CONFORMED PERIOD OF REPORT:	20131001
ITEM INFORMATION:		Other Events
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20131004
DATE AS OF CHANGE:		20131004

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			AMERCO /NV/
		CENTRAL INDEX KEY:			0000004457
		STANDARD INDUSTRIAL CLASSIFICATION:	SERVICES-AUTO RENTAL & LEASING (NO DRIVERS) [7510]
		IRS NUMBER:				880106815
		STATE OF INCORPORATION:			NV
		FISCAL YEAR END:			0331

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-11255
		FILM NUMBER:		131137342

	BUSINESS ADDRESS:	
		STREET 1:		1325 AIRMOTIVE WAY STE 100
		CITY:			RENO
		STATE:			NV
		ZIP:			89502
		BUSINESS PHONE:		7756886300

	MAIL ADDRESS:	
		STREET 1:		1325 AIRMOTIVE WAY
		STREET 2:		SUITE 100
		CITY:			RENO
		STATE:			NV
		ZIP:			89502

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	AMERCO
		DATE OF NAME CHANGE:	19770926
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>8krp1013.htm
<DESCRIPTION>8-K OCTOBER 2013 RESTATED PROPERTY MANAGEMENT AGREEMENTS
<TEXT>
<html>
    <head>
    </head>
    <body>
        <div style="clear:both;">
        <div class="header" style="clear:both">
            <br>
        </div>
            <p style="margin:0pt; text-align:center"><a name="EDGAR_PAGE_START1"></a><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:bold">UNITED STATES</font></p>
            <p style="margin:0pt; text-align:center"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:bold">SECURITIES AND EXCHANGE COMMISSION</font></p>
            <p style="margin:0pt; text-align:center"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:bold">WASHINGTON</font><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:bold">, </font><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:bold">D.C.</font><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:bold"> </font><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:bold">20549</font><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:bold">&#xa0;</font></p>
            <p style="margin:0pt"><font style="font-family:'Times New Roman'; font-size:12pt">&#xa0;</font></p>
            <p style="margin:0pt; text-align:center"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:bold">FORM 8-K</font></p>
            <p style="margin:0pt"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:bold">&#xa0;</font></p>
            <p style="margin:0pt; text-align:center"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:bold">CURRENT REPORT</font></p>
            <p style="margin:0pt"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:bold">&#xa0;</font></p>
            <p style="margin:0pt; text-align:center"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:bold">Pursuant to Section 13 or 15(d) of the</font></p>
            <p style="margin:0pt; text-align:center"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:bold">Securities Exchange Act of 1934</font></p>
            <div style="text-align:center">
            <table cellspacing="0" cellpadding="0" style="border-collapse:collapse; margin:0 auto; width:100%">
                <tr>
                        <td colspan="3" style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom">
                            <p style="margin:0pt 0pt 6pt; text-align:center"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:bold">&#xa0;</font></p>
                            <p style="margin:0pt 0pt 6pt; text-align:center"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:bold">October</font><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:bold"> 4, 2013</font></p>
                        </td>
                    </tr>
                    <tr>
                        <td colspan="3" style="border-top-color:#000000; border-top-style:solid; border-top-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:top">
                            <p style="margin:0pt 0pt 6pt; text-align:center"><font style="font-family:'Times New Roman'; font-size:12pt">Date of Report (Date of earliest event reported)</font></p>
                        </td>
                    </tr>
                    <tr>
                        <td colspan="3" style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom">
                            <p style="margin:0pt 0pt 6pt; text-align:center"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:bold">AMERCO</font></p>
                        </td>
                    </tr>
                    <tr>
                        <td colspan="3" style="border-top-color:#000000; border-top-style:solid; border-top-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:top">
                            <p style="margin:0pt 0pt 6pt; text-align:center"><font style="font-family:'Times New Roman'; font-size:12pt">(Exact</font><font style="font-family:'Times New Roman'; font-size:12pt"> name of registrant as specified in its charter)</font></p>
                        </td>
                    </tr>
                    <tr>
                        <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom">
                            <p style="margin:0pt 0pt 6pt; text-align:center"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:bold">Nevada</font></p>
                        </td>
                        <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom">
                            <p style="margin:0pt 0pt 6pt; text-align:center"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:bold">1-11255</font></p>
                        </td>
                        <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom">
                            <p style="margin:0pt 0pt 6pt; text-align:center"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:bold">88-0106815</font></p>
                        </td>
                    </tr>
                    <tr>
                        <td style="border-top-color:#000000; border-top-style:solid; border-top-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:top">
                            <p style="margin:0pt 0pt 6pt; text-align:center"><font style="font-family:'Times New Roman'; font-size:12pt">(State or other jurisdiction of incorporation)</font></p>
                        </td>
                        <td style="border-top-color:#000000; border-top-style:solid; border-top-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:top">
                            <p style="margin:0pt 0pt 6pt; text-align:center"><font style="font-family:'Times New Roman'; font-size:12pt">(Commission File Number)</font></p>
                        </td>
                        <td style="border-top-color:#000000; border-top-style:solid; border-top-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:top">
                            <p style="margin:0pt 0pt 6pt; text-align:center"><font style="font-family:'Times New Roman'; font-size:12pt">(I.R.S. Employer Identification No.)</font></p>
                        </td>
                    </tr><!--[if !supportMisalignedColumns]><tr style="height:0pt">
                        <td style="width:174.6pt; border:none">
                        </td>
                        <td style="width:124.7pt; border:none">
                        </td>
                        <td style="width:143.5pt; border:none">
                        </td>
                    </tr><![endif]--></table>
            </div>
            <p style="margin:0pt; text-align:center"><font style="font-family:'Times New Roman'; font-size:12pt">&#xa0;</font></p>
            <div style="text-align:center">
            <table cellspacing="0" cellpadding="0" style="border-collapse:collapse; margin:0 auto; width:100%">
                <tr>
                        <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:top">
                            <p style="margin:0pt 0pt 6pt; text-align:center"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:bold">1325 Airmotive Way, Ste. 100</font><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:bold">&#xa0;</font></p>
                            <p style="margin:0pt 0pt 6pt; text-align:center"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:bold">Reno</font><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:bold">, </font><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:bold">Nevada</font><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:bold"> </font><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:bold">89502-3239</font><font style="font-family:'Times New Roman'; font-size:12pt">&#xa0;</font></p>
                        </td>
                    </tr>
                    <tr>
                        <td style="border-top-color:#000000; border-top-style:solid; border-top-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:top">
                            <p style="margin:0pt 0pt 6pt; text-align:center"><font style="font-family:'Times New Roman'; font-size:12pt">(Address of </font><font style="font-family:'Times New Roman'; font-size:12pt">Principal Executive Offices)</font></p>
                        </td>
                    </tr>
                </table>
            </div>
            <p style="margin:0pt; text-align:center"><font style="font-family:'Times New Roman'; font-size:12pt">&#xa0;</font></p>
            <div style="text-align:center">
            <table cellspacing="0" cellpadding="0" style="border-collapse:collapse; margin:0 auto; width:100%">
                <tr>
                        <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:top">
                            <p style="margin:0pt 0pt 6pt; text-align:center"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:bold">(775) 688-6300</font></p>
                        </td>
                    </tr>
                    <tr>
                        <td style="border-top-color:#000000; border-top-style:solid; border-top-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:top">
                            <p style="margin:0pt 0pt 6pt; text-align:center"><font style="font-family:'Times New Roman'; font-size:12pt">(Registrant&#8217;s telephone number, including area code)</font></p>
                        </td>
                    </tr>
                </table>
            </div>
            <p style="margin:0pt"><font style="font-family:'Times New Roman'; font-size:12pt">&#xa0;</font></p>
            <p style="margin:0pt"><font style="font-family:'Times New Roman'; font-size:12pt">Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the </font><font style="font-family:'Times New Roman'; font-size:12pt">following provisions:</font></p>
            <p style="margin:0pt"><font style="font-family:'Times New Roman'; font-size:12pt">&#xa0;</font></p>
            <div style="text-align:center">
            <table cellspacing="0" cellpadding="0" style="border-collapse:collapse; margin:0 auto; width:110.42%">
                <tr>
                        <td style="vertical-align:top; width:18pt">
                            <p style="margin:0pt"><font style="font-family:'Times New Roman'; font-size:12pt">&#xa0;</font></p>
                        </td>
                        <td style="vertical-align:top; width:18pt">
                            <p style="margin:0pt"><font style="font-family:'Times New Roman'; font-size:12pt">[ ]</font></p>
                        </td>
                        <td style="vertical-align:top; width:441.05pt">
                            <p style="margin:0pt"><font style="font-family:'Times New Roman'; font-size:12pt">Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)</font></p>
                        </td>
                    </tr>
                    <tr>
                        <td style="vertical-align:top; width:18pt">
                            <p style="margin:0pt"><font style="font-family:'Times New Roman'; font-size:12pt">&#xa0;</font></p>
                        </td>
                        <td style="vertical-align:top; width:18pt">
                            <p style="margin:0pt"><font style="font-family:'Times New Roman'; font-size:12pt">[ ]</font></p>
                        </td>
                        <td style="vertical-align:top; width:441.05pt">
                            <p style="margin:0pt"><font style="font-family:'Times New Roman'; font-size:12pt">Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)</font></p>
                        </td>
                    </tr>
                    <tr>
                        <td style="vertical-align:top; width:18pt">
                            <p style="margin:0pt"><font style="font-family:'Times New Roman'; font-size:12pt">&#xa0;</font></p>
                        </td>
                        <td style="vertical-align:top; width:18pt">
                            <p style="margin:0pt"><font style="font-family:'Times New Roman'; font-size:12pt">[ ]</font></p>
                        </td>
                        <td style="vertical-align:top; width:441.05pt">
                            <p style="margin:0pt"><font style="font-family:'Times New Roman'; font-size:12pt">Pre-commencement communications pursuant to</font><font style="font-family:'Times New Roman'; font-size:12pt"> Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))</font></p>
                        </td>
                    </tr>
                    <tr>
                        <td style="vertical-align:top; width:18pt">
                            <p style="margin:0pt"><font style="font-family:'Times New Roman'; font-size:12pt">&#xa0;</font></p>
                        </td>
                        <td style="vertical-align:top; width:18pt">
                            <p style="margin:0pt"><font style="font-family:'Times New Roman'; font-size:12pt">[ ]</font></p>
                        </td>
                        <td style="vertical-align:top; width:441.05pt">
                            <p style="margin:0pt"><font style="font-family:'Times New Roman'; font-size:12pt">Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))</font></p>
                        </td>
                    </tr>
                </table>
            </div>
            <p style="margin:0pt"><font style="font-family:'Times New Roman'; font-size:12pt">&#xa0;</font></p>
            <p style="margin:0pt"><br style=" clear:both" /><a name="EDGAR_PAGE_END1"></a></p>
        <div class="footer" style="clear:both">
            <br>
            <p style="margin:0pt; text-align:center"><a name="EDGAR_HF_F_START_1"></a><a name="EDGAR_HF_F_END_2"></a><font style="font-family:'Times New Roman'; font-size:10pt">&#xa0;</font></p>
            <br>
        </div>
        </div>
        <div style="page-break-before:always; clear:both;">
        <div class="header" style="clear:both">
            <br>
        </div>
            <p style="margin:0pt"><a name="EDGAR_PAGE_START2"></a><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:bold">Item </font><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:bold">8</font><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:bold">.0</font><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:bold">1</font><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:bold"> </font><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:bold">Other Events</font><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:bold">. </font></p>
            <p style="margin:0pt"><font style="font-family:'Times New Roman'; font-size:12pt">&#xa0;</font></p>
            <p style="margin:0pt; text-indent:36pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">On </font><font style="font-family:'Times New Roman'; font-size:12pt">October 1</font><font style="font-family:'Times New Roman'; font-size:12pt">,</font><font style="font-family:'Times New Roman'; font-size:12pt"> 2013,</font><font style="font-family:'Times New Roman'; font-size:12pt"> </font><font style="font-family:'Times New Roman'; font-size:12pt">the property management agreements am</font><font style="font-family:'Times New Roman'; font-size:12pt">ong Three-A SAC Self-Storage Limited Partnership,</font><font style="font-family:'Times New Roman'; font-size:12pt"> </font><font style="font-family:'Times New Roman'; font-size:12pt">Three-B SAC Self-Storage Limited Partnership, Three-C SAC Self-Storage Limited Partnership, Three-D SAC Self-Storage Limited Partnership and Galaxy Storage One, L.P and the subsidiaries of U-Haul Internatio</font><font style="font-family:'Times New Roman'; font-size:12pt">nal, Inc. were amended and restated. </font></p>
            <p style="margin:0pt"><font style="font-family:'Times New Roman'; font-size:12pt">&#xa0;</font></p>
            <p style="margin:0pt"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:bold">Item </font><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:bold">9.01</font><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:bold"> </font><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:bold">Financial Statements and Exhibits</font><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:bold">. </font></p>
            <p style="margin:0pt"><font style="font-family:'Times New Roman'; font-size:12pt">&#xa0;</font></p>
            <p style="margin:0pt"><font style="font-family:'Times New Roman'; font-size:12pt">(d) Exhibits</font></p>
            <p style="margin:0pt"><font style="font-family:'Times New Roman'; font-size:12pt">&#xa0;</font></p>
            <div style="text-align:center">
            <table cellspacing="0" cellpadding="0" style="border-collapse:collapse; margin:0 auto; width:100%">
                <tr>
                        <td style="vertical-align:middle; width:13.58%">
                            <p style="margin:0pt"><font style="font-family:'Times New Roman'; font-size:12pt">&#xa0;</font></p>
                        </td>
                        <td style="vertical-align:bottom; width:3.08%">
                            <p style="margin:0pt"><font style="font-family:'Times New Roman'; font-size:12pt">&#xa0;</font></p>
                        </td>
                        <td style="vertical-align:middle; width:83.34%">
                            <p style="margin:0pt"><font style="font-family:'Times New Roman'; font-size:12pt">&#xa0;</font></p>
                        </td>
                    </tr>
                    <tr>
                        <td style="vertical-align:bottom; width:13.58%">
                            <p style="margin:0pt"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:bold; text-decoration:underline">Exhibit</font><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:bold; text-decoration:underline">&#xa0;</font><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:bold; text-decoration:underline">No</font><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:bold">.</font></p>
                        </td>
                        <td style="vertical-align:bottom; width:3.08%">
                            <p style="margin:0pt"><font style="font-family:'Times New Roman'; font-size:12pt">&#xa0;</font><font style="font-family:'Times New Roman'; font-size:12pt">&#xa0;</font></p>
                        </td>
                        <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; vertical-align:bottom; width:83.34%">
                            <p style="margin:0pt"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:bold; text-decoration:underline">Description</font></p>
                        </td>
                    </tr>
                    <tr>
                        <td style="vertical-align:top; width:13.58%">
                            <p style="margin:0pt; text-align:center"><font style="font-family:'Times New Roman'; font-size:12pt">10.1</font></p>
                        </td>
                        <td style="vertical-align:bottom; width:3.08%">
                            <p style="margin:0pt"><font style="font-family:'Times New Roman'; font-size:12pt">&#xa0;</font><font style="font-family:'Times New Roman'; font-size:12pt">&#xa0;</font></p>
                        </td>
                        <td style="vertical-align:top; width:83.34%">
                            <p style="margin:0pt"><font style="font-family:'Times New Roman'; font-size:12pt">Amended and Restated Property Management Agreement among Three-A SAC Self-Storage Limited Partnership and the </font><font style="font-family:'Times New Roman'; font-size:12pt">subsidiaries of U-Haul International, Inc.</font></p>
                        </td>
                    </tr>
                    <tr>
                        <td style="vertical-align:top; width:13.58%">
                            <p style="margin:0pt; text-align:center"><font style="font-family:'Times New Roman'; font-size:12pt">10.2</font></p>
                        </td>
                        <td style="vertical-align:bottom; width:3.08%">
                            <p style="margin:0pt"><font style="font-family:'Times New Roman'; font-size:12pt">&#xa0;</font></p>
                        </td>
                        <td style="vertical-align:top; width:83.34%">
                            <p style="margin:0pt"><font style="font-family:'Times New Roman'; font-size:12pt">Amended and Restated Property Management Agreement among Three-B SAC Self-Storage Limited Partnership and the subsidiaries of U-Haul International, Inc.</font></p>
                        </td>
                    </tr>
                    <tr>
                        <td style="vertical-align:top; width:13.58%">
                            <p style="margin:0pt; text-align:center"><font style="font-family:'Times New Roman'; font-size:12pt">10.3</font></p>
                        </td>
                        <td style="vertical-align:bottom; width:3.08%">
                            <p style="margin:0pt"><font style="font-family:'Times New Roman'; font-size:12pt">&#xa0;</font></p>
                        </td>
                        <td style="vertical-align:top; width:83.34%">
                            <p style="margin:0pt"><font style="font-family:'Times New Roman'; font-size:12pt">Amended and Restated Property Management </font><font style="font-family:'Times New Roman'; font-size:12pt">Agreement among Three-C SAC Self-Storage Limited Partnership and the subsidiaries of U-Haul International, Inc.</font></p>
                        </td>
                    </tr>
                    <tr>
                        <td style="vertical-align:top; width:13.58%">
                            <p style="margin:0pt; text-align:center"><font style="font-family:'Times New Roman'; font-size:12pt">10.4</font></p>
                        </td>
                        <td style="vertical-align:bottom; width:3.08%">
                            <p style="margin:0pt"><font style="font-family:'Times New Roman'; font-size:12pt">&#xa0;</font></p>
                        </td>
                        <td style="vertical-align:top; width:83.34%">
                            <p style="margin:0pt"><font style="font-family:'Times New Roman'; font-size:12pt">Amended and Restated Property Management Agreement among Three-D SAC Self-Storage Limited Partnership and the subsidiaries of U-Haul Inte</font><font style="font-family:'Times New Roman'; font-size:12pt">rnational, Inc.</font></p>
                        </td>
                    </tr>
                    <tr>
                        <td style="vertical-align:top; width:13.58%">
                            <p style="margin:0pt; text-align:center"><font style="font-family:'Times New Roman'; font-size:12pt">10.5</font></p>
                        </td>
                        <td style="vertical-align:bottom; width:3.08%">
                            <p style="margin:0pt"><font style="font-family:'Times New Roman'; font-size:12pt">&#xa0;</font></p>
                        </td>
                        <td style="vertical-align:top; width:83.34%">
                            <p style="margin:0pt"><font style="font-family:'Times New Roman'; font-size:12pt">Amended and Restated Property Management Agreement among Galaxy Storage One, LP and the subsidiaries of U-Haul International, Inc.</font></p>
                        </td>
                    </tr>
                </table>
            </div>
            <p style="margin:0pt"><font style="font-family:'Times New Roman'; font-size:12pt">&#xa0;</font></p>
            <p style="margin:0pt; text-align:center"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:bold">SIGNATURE</font></p>
            <p style="margin:0pt"><font style="font-family:'Times New Roman'; font-size:12pt">&#xa0;</font></p>
            <p style="margin:0pt; text-indent:36pt"><font style="font-family:'Times New Roman'; font-size:12pt">Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has </font><font style="font-family:'Times New Roman'; font-size:12pt">duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.</font></p>
            <p style="margin:0pt"><font style="font-family:'Times New Roman'; font-size:12pt">&#xa0;</font></p>
            <p style="margin:0pt"><font style="font-family:'Times New Roman'; font-size:12pt">&#xa0;</font></p>
            <p style="margin:0pt 0pt 0pt 180pt"><font style="font-family:'Times New Roman'; font-size:12pt">AMERCO</font></p>
            <p style="margin:0pt 0pt 0pt 180pt"><font style="font-family:'Times New Roman'; font-size:12pt">&#xa0;</font></p>
            <p style="margin:0pt 0pt 0pt 180pt"><font style="font-family:'Times New Roman'; font-size:12pt">&#xa0;</font></p>
            <p style="margin:0pt 0pt 0pt 180pt"><font style="font-family:'Times New Roman'; font-size:12pt; text-decoration:underline">/s/ Jason A. Berg</font></p>
            <p style="margin:0pt 0pt 0pt 180pt"><font style="font-family:'Times New Roman'; font-size:12pt">Jason A. Berg, </font></p>
            <p style="margin:0pt 0pt 0pt 180pt"><font style="font-family:'Times New Roman'; font-size:12pt">Principal Financial Officer and </font></p>
            <p style="margin:0pt 0pt 0pt 180pt"><font style="font-family:'Times New Roman'; font-size:12pt">Chief Accounting Officer </font></p>
            <p style="margin:0pt 0pt 0pt 180pt"><font style="font-family:'Times New Roman'; font-size:12pt">&#xa0;</font></p>
            <p style="margin:0pt; text-indent:36pt"><font style="font-family:'Times New Roman'; font-size:12pt">Dated: </font><font style="font-family:'Times New Roman'; font-size:12pt">October 4</font><font style="font-family:'Times New Roman'; font-size:12pt">, 201</font><font style="font-family:'Times New Roman'; font-size:12pt">3</font></p>
            <p style="margin:0pt"><br style=" clear:both" /><a name="EDGAR_PAGE_END2"></a></p>
        <div class="footer" style="clear:both">
            <br>
            <p style="margin:0pt; text-align:center"><a name="EDGAR_HF_F_START_1"></a><a name="EDGAR_HF_F_END_2"></a><font style="font-family:'Times New Roman'; font-size:10pt">&#xa0;</font></p>
            <br>
        </div>
        </div>
        <div style="page-break-before:always; clear:both;">
        <div class="header" style="clear:both">
            <br>
        </div>
            <p style="margin:0pt; text-align:center"><a name="EDGAR_PAGE_START3"></a><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:bold">EXHIBIT INDEX</font></p>
            <p style="margin:0pt"><font style="font-family:'Times New Roman'; font-size:12pt">&#xa0;</font></p>
            <div style="text-align:center">
            <table cellspacing="0" cellpadding="0" style="border-collapse:collapse; margin:0 auto; width:100%">
                <tr>
                        <td style="vertical-align:middle; width:13.58%">
                            <p style="margin:0pt"><font style="font-family:'Times New Roman'; font-size:12pt">&#xa0;</font></p>
                        </td>
                        <td style="vertical-align:bottom; width:3.06%">
                            <p style="margin:0pt"><font style="font-family:'Times New Roman'; font-size:12pt">&#xa0;</font></p>
                        </td>
                        <td style="vertical-align:middle; width:83.36%">
                            <p style="margin:0pt"><font style="font-family:'Times New Roman'; font-size:12pt">&#xa0;</font></p>
                        </td>
                    </tr>
                    <tr>
                        <td style="vertical-align:bottom; width:13.58%">
                            <p style="margin:0pt"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:bold; text-decoration:underline">Exhibit</font><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:bold; text-decoration:underline">&#xa0;</font><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:bold; text-decoration:underline">No</font><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:bold">.</font></p>
                        </td>
                        <td style="vertical-align:bottom; width:3.06%">
                            <p style="margin:0pt"><font style="font-family:'Times New Roman'; font-size:12pt">&#xa0;</font><font style="font-family:'Times New Roman'; font-size:12pt">&#xa0;</font></p>
                        </td>
                        <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; vertical-align:bottom; width:83.36%">
                            <p style="margin:0pt"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:bold; text-decoration:underline">Description</font></p>
                        </td>
                    </tr>
                    <tr>
                        <td style="vertical-align:top; width:13.58%">
                            <p style="margin:0pt; text-align:center"><font style="font-family:'Times New Roman'; font-size:12pt">10.1</font></p>
                        </td>
                        <td style="vertical-align:bottom; width:3.06%">
                            <p style="margin:0pt"><font style="font-family:'Times New Roman'; font-size:12pt">&#xa0;</font><font style="font-family:'Times New Roman'; font-size:12pt">&#xa0;</font></p>
                        </td>
                        <td style="vertical-align:top; width:83.36%">
                            <p style="margin:0pt"><font style="font-family:'Times New Roman'; font-size:12pt">Amended and Restated Property Management Agreement among Three-A SAC Self-Storage Limited Partnership and the subsidiaries of U-Haul International, Inc.</font></p>
                        </td>
                    </tr>
                    <tr>
                        <td style="vertical-align:top; width:13.58%">
                            <p style="margin:0pt; text-align:center"><font style="font-family:'Times New Roman'; font-size:12pt">10.2</font></p>
                        </td>
                        <td style="vertical-align:bottom; width:3.06%">
                            <p style="margin:0pt"><font style="font-family:'Times New Roman'; font-size:12pt">&#xa0;</font></p>
                        </td>
                        <td style="vertical-align:top; width:83.36%">
                            <p style="margin:0pt"><font style="font-family:'Times New Roman'; font-size:12pt">Amended and Restated Property Management Agreement among </font><font style="font-family:'Times New Roman'; font-size:12pt">Three-B SAC Self-Storage Limited Partnership and the subsidiaries of U-Haul International, Inc.</font></p>
                        </td>
                    </tr>
                    <tr>
                        <td style="vertical-align:top; width:13.58%">
                            <p style="margin:0pt; text-align:center"><font style="font-family:'Times New Roman'; font-size:12pt">10.3</font></p>
                        </td>
                        <td style="vertical-align:bottom; width:3.06%">
                            <p style="margin:0pt"><font style="font-family:'Times New Roman'; font-size:12pt">&#xa0;</font></p>
                        </td>
                        <td style="vertical-align:top; width:83.36%">
                            <p style="margin:0pt"><font style="font-family:'Times New Roman'; font-size:12pt">Amended and Restated Property Management Agreement among Three-C SAC Self-Storage Limited Partnership and the subsidiaries of U-Haul International, Inc.</font></p>
                        </td>
                    </tr>
                    <tr>
                        <td style="vertical-align:top; width:13.58%">
                            <p style="margin:0pt; text-align:center"><font style="font-family:'Times New Roman'; font-size:12pt">10.4</font></p>
                        </td>
                        <td style="vertical-align:bottom; width:3.06%">
                            <p style="margin:0pt"><font style="font-family:'Times New Roman'; font-size:12pt">&#xa0;</font></p>
                        </td>
                        <td style="vertical-align:top; width:83.36%">
                            <p style="margin:0pt"><font style="font-family:'Times New Roman'; font-size:12pt">Amended and Restated Property Management Agreement among Three-D SAC Self-Storage Limited Partnership and the subsidiaries of U-Haul International, Inc.</font></p>
                        </td>
                    </tr>
                    <tr>
                        <td style="vertical-align:top; width:13.58%">
                            <p style="margin:0pt; text-align:center"><font style="font-family:'Times New Roman'; font-size:12pt">10.5</font></p>
                        </td>
                        <td style="vertical-align:bottom; width:3.06%">
                            <p style="margin:0pt"><font style="font-family:'Times New Roman'; font-size:12pt">&#xa0;</font></p>
                        </td>
                        <td style="vertical-align:top; width:83.36%">
                            <p style="margin:0pt"><font style="font-family:'Times New Roman'; font-size:12pt">Amended and Restated Property Management Agreement among Galaxy Storage One, LP and the s</font><font style="font-family:'Times New Roman'; font-size:12pt">ubsidiaries of U-Haul International, Inc.</font></p>
                        </td>
                    </tr>
                </table>
            </div>
            <p style="margin:0pt"><a name="EDGAR_PAGE_END3"></a><a name="_GoBack"></a><font style="font-family:'Times New Roman'; font-size:12pt">&#xa0;</font></p>
        <div class="footer" style="clear:both">
            <br>
            <p style="margin:0pt; text-align:center"><a name="EDGAR_HF_F_START_1"></a><a name="EDGAR_HF_F_END_2"></a><font style="font-family:'Times New Roman'; font-size:10pt">&#xa0;</font></p>
            <br>
        </div>
        </div>
    </body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-10.1
<SEQUENCE>2
<FILENAME>exhib101.htm
<DESCRIPTION>EXHIBIT 10.1 PMA THREE-A SAC
<TEXT>
<html>
    <head>
    </head>
    <body>
        <div style="clear:both;">
        <div class="header" style="clear:both">
            <br>
        </div>
            <p style="margin:0pt 43.2pt 12pt 36pt; text-align:center"><a name="EDGAR_PAGE_START1"></a><font style="font-family:'Times New Roman'; font-size:12pt; text-decoration:underline">RESTATED PROPERTY MANAGEMENT AGREEMENT</font></p>
            <p style="margin:0pt 0pt 6pt; text-indent:36pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">THIS RESTATED PROPERTY MANAGEMENT AGREEMENT (this &quot;</font><font style="font-family:'Times New Roman'; font-size:12pt; text-decoration:underline">Agreement</font><font style="font-family:'Times New Roman'; font-size:12pt">&quot;) is entered into as of October 1, 2013 among Three-A&#160; SAC Self-Storage Limited Partnership, a Nevada limited partnership (&quot;</font><font style="font-family:'Times New Roman'; font-size:12pt; text-decoration:underline">Owner</font><font style="font-family:'Times New Roman'; font-size:12pt">&quot;), and the subsidiaries </font><font style="font-family:'Times New Roman'; font-size:12pt">of U-Haul International, Inc. set forth on the signature block hereto (collectively or individually, as the case may be, &quot;</font><font style="font-family:'Times New Roman'; font-size:12pt; text-decoration:underline">Manager</font><font style="font-family:'Times New Roman'; font-size:12pt">&quot;).</font></p>
            <p style="margin:0pt 43.2pt 12pt 36pt; text-align:center"><font style="font-family:'Times New Roman'; font-size:12pt; text-decoration:underline">RECITALS</font></p>
            <p style="margin:0pt 4.5pt 0pt 0pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">A.</font><font style="font-family:'Times New Roman'; font-size:12pt">Owner owns the real property and all improvements thereon and appurtenances thereto located at the street addr</font><font style="font-family:'Times New Roman'; font-size:12pt">esses identified on Exhibit A hereto (hereinafter, collectively the &#8220;Property&#8221;).</font></p>
            <p style="margin:0pt 4.5pt 0pt 0pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">&#xa0;</font></p>
            <p style="margin:0pt 4.5pt 0pt 0pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">B.</font><font style="font-family:'Times New Roman'; font-size:12pt">Owner intends that the Property be rented on a space-by-space retail basis to corporations, partnerships, individuals and/or other entities for use as self-storage facili</font><font style="font-family:'Times New Roman'; font-size:12pt">ties.</font></p>
            <p style="margin:0pt 4.5pt 0pt 0pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">&#xa0;</font></p>
            <p style="margin:0pt 4.5pt 0pt 0pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">C.</font><font style="font-family:'Times New Roman'; font-size:12pt">Owner desires that Manager manage the Property and Manager desires to act as the property manager for the Property, all in accordance with the terms and conditions of this Agreement.</font></p>
            <p style="margin:0pt 4.5pt 0pt 0pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">&#xa0;</font></p>
            <p style="margin:0pt 4.5pt 0pt 0pt; text-align:justify"><font style="font-family:'CG Times'; font-size:12pt">NOW, THEREFORE, in consideration of the mutual covenants her</font><font style="font-family:'CG Times'; font-size:12pt">ein contained, the parties hereto hereby agree as follows.</font></p>
            <p style="margin:0pt 4.5pt 0pt 0pt; text-align:justify"><font style="font-family:'CG Times'; font-size:12pt">&#xa0;</font></p>
            <p style="margin:0pt 0pt 12pt 72pt; text-indent:-36pt; text-align:justify; page-break-after:avoid"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:normal; font-style:normal; font-variant:normal; text-decoration:none; text-transform:none">1.</font><font style="font:7.0pt 'Times New Roman'">&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0; </font><font style="font-family:'Times New Roman'; font-size:12pt; text-decoration:underline">Employment.</font></p>
            <p style="margin:0pt 0pt 12pt; text-indent:72pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:normal; font-style:normal; text-decoration:none; text-transform:none">(a)</font><font style="font:7.0pt 'Times New Roman'">&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0; </font><font style="font-family:'Times New Roman'; font-size:12pt">Owner hereby retains Manager, and Manager agrees to act as manager of the Property upon the terms and conditions hereinafter set forth.</font></p>
            <p style="margin:0pt 0pt 12pt; text-indent:72pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:normal; font-style:normal; text-decoration:none; text-transform:none">(b)</font><font style="font:7.0pt 'Times New Roman'">&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0; </font><font style="font-family:'Times New Roman'; font-size:12pt">Owner acknowledges that Manager, and/or Manager </font><font style="font-family:'Times New Roman'; font-size:12pt">affiliates, is in the business of managing self-storage facilities and businesses conducted thereat, including, but not limited to, the sale of packing supplies and rental of trucks and equipment, both for its own account and for the account of others.&#160; It</font><font style="font-family:'Times New Roman'; font-size:12pt"> is hereby expressly agreed that notwithstanding this Agreement, Manager and such affiliates may continue to engage in such activities, may manage facilities other than those presently managed by Manager and its affiliates (whether or not such other facili</font><font style="font-family:'Times New Roman'; font-size:12pt">ties may be in direct or indirect competition with Owner) and may in the future engage in other business which may compete directly or indirectly with activities of Owner.&#160; </font></p>
            <p style="margin:0pt 0pt 12pt; text-indent:72pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:normal; font-style:normal; text-decoration:none; text-transform:none">(c)</font><font style="font:7.0pt 'Times New Roman'">&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0; </font><font style="font-family:'Times New Roman'; font-size:12pt">In the performance of its duties under this Agreement, Manager shall occupy the po</font><font style="font-family:'Times New Roman'; font-size:12pt">sition of an independent contractor with respect to Owner.&#160; Nothing contained herein shall be construed as making the parties hereto (or any of them) partners or co-parties to a joint venture, nor construed as making Manager an employee of Owner.</font></p>
            <p style="margin:0pt 0pt 12pt 72pt; text-indent:-36pt; text-align:justify; page-break-after:avoid"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:normal; font-style:normal; font-variant:normal; text-decoration:none; text-transform:none">2.</font><font style="font:7.0pt 'Times New Roman'">&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0; </font><font style="font-family:'Times New Roman'; font-size:12pt; text-decoration:underline">Duties an</font><font style="font-family:'Times New Roman'; font-size:12pt; text-decoration:underline">d Authority of Manager.</font></p>
            <p style="margin:0pt 0pt 6pt; text-indent:72pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">Subject to the terms and conditions of this Agreement, on behalf of, and as agent of, the Owner:</font></p>
            <p style="margin:0pt 0pt 12pt; text-indent:72pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:normal; font-style:normal; text-decoration:none; text-transform:none">(a)</font><font style="font:7.0pt 'Times New Roman'">&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0; </font><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:bold">General Duties and Authority</font><font style="font-family:'Times New Roman'; font-size:12pt">.&#160; Manager </font><font style="font-family:'Times New Roman'; font-size:12pt">shall have the sole and exclusive duty and authority to fully manage the Property and supervise and direct the business </font><a name="EDGAR_PAGE_END1"></a></p>
        <div class="footer" style="clear:both">
            <br>
            <p style="margin:0pt; text-align:center"><a name="EDGAR_HF_F_START_1"></a><!--<img src="image1.gif" width="624" height="38" alt="" style="margin-top:10.8pt; margin-left:0pt; position:absolute; z-index:-65536" /><font style="font-family:'CG Times'; font-size:12pt">1</font><a name="EDGAR_HF_F_END_2"></a></p>-->
            <br>
        </div>
        </div>
        <br style=" clear:both; mso-break-type:section-break" />
        <div style="page-break-before:always; clear:both;">
        <div class="header" style="clear:both">
            <br>
        </div>
            <p style="margin:0pt 0pt 12pt; text-indent:72pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:normal; font-style:normal; text-decoration:none; text-transform:none">(b)</font><font style="font:7.0pt 'Times New Roman'">&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0; </font><a name="EDGAR_PAGE_START2"></a><font style="font-family:'Times New Roman'; font-size:12pt">and affairs associated or related to the daily operation thereof, to collect on behalf of Owner all revenues related to the Property, t</font><font style="font-family:'Times New Roman'; font-size:12pt">o pay on behalf of Owner all expenses of the Property, and to execute on behalf of Owner such documents and instruments as, in the sole judgment of Manager, are reasonably necessary or advisable under the circumstances in order to fulfill Manager's duties </font><font style="font-family:'Times New Roman'; font-size:12pt">hereunder.&#160; Such duties and authority shall include, without limitation, those set forth below.&#160; Notwithstanding the foregoing or any other term or provision herein, upon notice to Manager, Owner shall have the right to assume responsibility for the direct</font><font style="font-family:'Times New Roman'; font-size:12pt"> payment of certain expenses of Owner, as may be determined by Owner.&#160; In such event, Owner shall provide an accounting of such costs to Manager.&#160; In the event Owner fails to provide such accounting to Manager, Manager shall assume no liability for nonpaym</font><font style="font-family:'Times New Roman'; font-size:12pt">ent for such expenses so assumed by Owner.&#160;&#160; The parties acknowledge and agree that Owner will retain title to, ownership of, and exclusive right to control the Property, subject to the terms of this Agreement, and that portion of the Gross Revenue (as her</font><font style="font-family:'Times New Roman'; font-size:12pt">einafter defined) owned by Owner (&#8220;Owner&#8217;s Revenue&#8221;); and that Manager will not acquire title to, any interest in, or any income or revenues from the Property or Owner&#8217;s Revenue.&#160; For purposes of this Agreement, Owner&#8217;s Revenue consists of the revenue from</font><font style="font-family:'Times New Roman'; font-size:12pt"> storage operations, retail sales, miscellaneous income and the commissions (&#8220;U-Move Commissions&#8221;) paid to Owner pursuant to the terms of that Dealership Contract between Owner and Manager dated as of the date hereof (the &#8220;Dealer Contract&#8221;), in each case w</font><font style="font-family:'Times New Roman'; font-size:12pt">ith respect to the Property. In performing its services and making any payments hereunder, Manager will make known to third parties that Manager is acting solely as the agent of Owner.&#160; Under no circumstances will Manager represent or hold itself out to an</font><font style="font-family:'Times New Roman'; font-size:12pt">y third party as having any title to or property interest in the Property or Owner&#8217;s Revenue.&#160; </font></p>
            <p style="margin:0pt 0pt 12pt; text-indent:72pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:normal; font-style:normal; text-decoration:none; text-transform:none">(c)</font><font style="font:7.0pt 'Times New Roman'">&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0; </font><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:bold">Renting of the Property</font><font style="font-family:'Times New Roman'; font-size:12pt">.&#160; Manager shall establish policies and procedures for the marketing activities for the Property, and shall advertise the Property throug</font><font style="font-family:'Times New Roman'; font-size:12pt">h such media as Manager deems advisable.&#160; Manager's marketing activities for the Property shall be consistent with the scope and quality implemented by Manager and its affiliates at any other properties operated by Manager or its affiliates.&#160; Manager shall</font><font style="font-family:'Times New Roman'; font-size:12pt"> have the sole discretion, which discretion shall be exercised in good faith, to establish the terms and conditions of occupancy by the tenants of the Property, and Manager is hereby authorized to enter into rental agreements on behalf and for the account </font><font style="font-family:'Times New Roman'; font-size:12pt">of Owner with such tenants and to collect rent from such tenants on behalf and for the account of Owner. Manager may jointly advertise the Property with other properties owned or managed by Manager or its Affiliates, and in that event, Manager shall reason</font><font style="font-family:'Times New Roman'; font-size:12pt">ably allocate the cost of such advertising among such properties.</font></p>
            <p style="margin:0pt 0pt 12pt; text-indent:72pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:normal; font-style:normal; text-decoration:none; text-transform:none">(d)</font><font style="font:7.0pt 'Times New Roman'">&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0; </font><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:bold">Repair, Maintenance and Improvements</font><font style="font-family:'Times New Roman'; font-size:12pt">.&#160; Manager shall make, execute, supervise and have control over the making and executing of all decisions concerning the acquisition of furniture, fixture</font><font style="font-family:'Times New Roman'; font-size:12pt">s and supplies for the Property, and may purchase, lease or otherwise acquire the same and which items shall be owned by Manager.&#160; Manager shall make and execute, or supervise and have control over the making and executing of all decisions concerning the m</font><font style="font-family:'Times New Roman'; font-size:12pt">aintenance, repair and landscaping of the Property, provided, however, that such maintenance, repair and landscaping shall be consistent with the maintenance, repair and landscaping implemented by Manager and its affiliates at any other properties operated</font><font style="font-family:'Times New Roman'; font-size:12pt"> by Manager or its affiliates.&#160; Manager shall, on behalf of Owner, negotiate and contract for and supervise the installation of all capital improvements related to the Property; provided, however, that Manager agrees to secure the prior written approval of</font><font style="font-family:'Times New Roman'; font-size:12pt"> Owner on all such expenditures in excess of $10,000.00 for any one item, except monthly or recurring operating charges and/or</font><a name="EDGAR_PAGE_END2"></a></p>
        <div class="footer" style="clear:both">
            <br>
            <p style="margin:0pt; text-align:center"><a name="EDGAR_HF_F_START_1"></a><!--<img src="image2.gif" width="624" height="38" alt="" style="margin-top:10.8pt; margin-left:0pt; position:absolute; z-index:-65536" />--><font style="font-family:'CG Times'; font-size:12pt">2</font><a name="EDGAR_HF_F_END_2"></a></p>
            <br>
        </div>
        </div>
        <div style="page-break-before:always; clear:both;">
        <div class="header" style="clear:both">
            <br>
        </div>
            <p style="margin:0pt 0pt 12pt; ; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt"> </font><a name="EDGAR_PAGE_START3"></a><font style="font-family:'Times New Roman'; font-size:12pt">emergency repairs if in the opinion of Manager such emergency repairs are necessary to protect the Property from damage or to mai</font><font style="font-family:'Times New Roman'; font-size:12pt">ntain services to the Owner or any customers.&#160; In the event such emergency repairs exceed $10,000, Manager shall notify Owner and the insurer as applicable of the cost estimate for such work.</font></p>
            <p style="margin:0pt 0pt 12pt; text-indent:72pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:normal; font-style:normal; text-decoration:none; text-transform:none">(e)</font><font style="font:7.0pt 'Times New Roman'">&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0; </font><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:bold">Personnel</font><font style="font-family:'Times New Roman'; font-size:12pt">.&#160; Manager shall select all vendors, suppliers, contrac</font><font style="font-family:'Times New Roman'; font-size:12pt">tors, subcontractors and employees with respect to the Property and shall hire, discharge and supervise all labor and employees required for the operation and maintenance of the Property.&#160; Any employees so hired shall be employees of Manager, and shall be </font><font style="font-family:'Times New Roman'; font-size:12pt">carried on the payroll of Manager.&#160; Employees may include, but need not be limited to, on-site resident managers, on-site assistant managers, and relief managers located, rendering services, or performing activities on the Property in connection with its o</font><font style="font-family:'Times New Roman'; font-size:12pt">peration and management.&#160; The cost of employing such persons shall not exceed prevailing rates for comparable persons performing the same or similar services with respect to real estate similar to the Property in the general vicinity of each respective Pro</font><font style="font-family:'Times New Roman'; font-size:12pt">perty.&#160; Manager shall be responsible for all legal and insurance requirements relating to its employees.</font></p>
            <p style="margin:0pt 0pt 12pt; text-indent:72pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:normal; font-style:normal; text-decoration:none; text-transform:none">(f)</font><font style="font:7.0pt 'Times New Roman'">&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0; </font><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:bold">Service Agreements</font><font style="font-family:'Times New Roman'; font-size:12pt">.&#160; Manager shall negotiate and execute on behalf of Owner such agreements which Manager deems necessary or advisable for the furnishi</font><font style="font-family:'Times New Roman'; font-size:12pt">ng of utilities, services, concessions and supplies, for the maintenance, repair and operation of the Property and such other agreements which may benefit the Property or be incidental to the matters for which Manager is responsible hereunder.</font></p>
            <p style="margin:0pt 0pt 12pt; text-indent:72pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:normal; font-style:normal; text-decoration:none; text-transform:none">(g)</font><font style="font:7.0pt 'Times New Roman'">&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0; </font><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:bold">Other </font><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:bold">Decisions</font><font style="font-family:'Times New Roman'; font-size:12pt">.&#160; Manager shall make the decisions in connection with the day-to-day operations of the Property.</font></p>
            <p style="margin:0pt 0pt 12pt; text-indent:72pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:normal; font-style:normal; text-decoration:none; text-transform:none">(h)</font><font style="font:7.0pt 'Times New Roman'">&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0; </font><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:bold">Regulations and Permits</font><font style="font-family:'Times New Roman'; font-size:12pt">.&#160; Manager shall comply in all respects with any statute, ordinance, law, rule, regulation or order of any governmental or reg</font><font style="font-family:'Times New Roman'; font-size:12pt">ulatory body pertaining to the Property (collectively, &quot;Laws&quot;), respecting the use of the Property or the maintenance or operation thereof, the non-compliance with which could reasonably be expected to have a material adverse effect on Owner or any Propert</font><font style="font-family:'Times New Roman'; font-size:12pt">y.&#160; Manager shall apply for and obtain and maintain, on behalf of Owner, all licenses and permits required or advisable (in the reasonable judgment of Manager) in connection with the management and operation of the Property.&#160; Notwithstanding the foregoing,</font><font style="font-family:'Times New Roman'; font-size:12pt"> Manager shall be permitted to contest any Applicable Laws to the extent and pursuant to the same conditions that Owner is permitted to contest any Laws.&#160; To the extent that Manager does not comply, Manager will be responsible for the costs and penalties i</font><font style="font-family:'Times New Roman'; font-size:12pt">ncurred as a result of the non-compliance.</font></p>
            <p style="margin:0pt 0pt 12pt; text-indent:72pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:normal; font-style:normal; text-decoration:none; text-transform:none">(i)</font><font style="font:7.0pt 'Times New Roman'">&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0; </font><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:bold">Records and Reports of Disbursements and Collections</font><font style="font-family:'Times New Roman'; font-size:12pt">.&#160; Manager shall establish, supervise, direct and maintain the operation of a system of cash record keeping and bookkeeping with respect to all receipts and disb</font><font style="font-family:'Times New Roman'; font-size:12pt">ursements and all business activities and operations conducted by Manager in connection with the management and operation of the Property.&#160; Manager shall be responsible for cash shortages and discrepancies incurred in the normal course of management operat</font><font style="font-family:'Times New Roman'; font-size:12pt">ions.&#160; The books, records and accounts shall be maintained at the Manager's office or at Owner's office, or at such other location as Manager and Owner shall determine, and shall be available and open to examination and audit quarterly by Owner, its repres</font><font style="font-family:'Times New Roman'; font-size:12pt">entatives, its lenders and administrative and collateral agents on behalf of lenders, if any</font><a name="EDGAR_PAGE_END3"></a></p>
        <div class="footer" style="clear:both">
            <br>
            <p style="margin:0pt; text-align:center"><a name="EDGAR_HF_F_START_1"></a><!--<img src="image2.gif" width="624" height="38" alt="" style="margin-top:10.8pt; margin-left:0pt; position:absolute; z-index:-65536" />--><font style="font-family:'CG Times'; font-size:12pt">3</font><a name="EDGAR_HF_F_END_2"></a></p>
            <br>
        </div>
        </div>
        <div style="page-break-before:always; clear:both;">
        <div class="header" style="clear:both">
            <br>
        </div>
            <p style="margin:0pt 0pt 12pt; ; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt"> </font><a name="EDGAR_PAGE_START4"></a><font style="font-family:'Times New Roman'; font-size:12pt">(collectively, &#8220;Lender&#8221;), and as provided by Owner, and, subject to any mortgagee of the Property, and such mortgagee's representative.&#160; Manager shall cause to be </font><font style="font-family:'Times New Roman'; font-size:12pt">prepared and delivered to Owner and, if Owner fails to provide such information to Lender pursuant to the Loan Documents, to Lender, a monthly statement on a per-Property basis, of receipts, expenses and charges, and any other information as reasonably req</font><font style="font-family:'Times New Roman'; font-size:12pt">uired by Owner to prepare its financials statements, together with a statement, on a per-Property basis, of the disbursements made by Manager during such period on Owner's behalf, which shall include separate lines for prepaid items and inventory.&#160; Manager</font><font style="font-family:'Times New Roman'; font-size:12pt"> shall provide Owner with rent rolls and occupancy reports if requested.</font></p>
            <p style="margin:0pt 0pt 12pt; text-indent:72pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:normal; font-style:normal; text-decoration:none; text-transform:none">(j)</font><font style="font:7.0pt 'Times New Roman'">&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0; </font><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:bold">Collection</font><font style="font-family:'Times New Roman'; font-size:12pt">.&#160; Manager shall be responsible for the billing and collection of all receipts and for payment of all expenses with respect to the Property and shall be responsible for esta</font><font style="font-family:'Times New Roman'; font-size:12pt">blishing policies and procedures to minimize the amount of bad debts. Bad debt incurred as a result of non compliance with management policies and procedures (such as improper verifications or acceptance of bad credit cards or bad checks) will be the respo</font><font style="font-family:'Times New Roman'; font-size:12pt">nsibility of Manager.&#160; </font></p>
            <p style="margin:0pt 0pt 12pt; text-indent:72pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:normal; font-style:normal; text-decoration:none; text-transform:none">(k)</font><font style="font:7.0pt 'Times New Roman'">&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0; </font><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:bold">Legal Actions</font><font style="font-family:'Times New Roman'; font-size:12pt">.&#160; Manager shall cause to be instituted, on behalf and in its name or in the name of Owner as appropriate, any and all legal actions or proceedings Manager deems necessary or advisable in connection with the Property, i</font><font style="font-family:'Times New Roman'; font-size:12pt">ncluding, without limitation, to collect charges, rent or other income due to Owner with respect to the Property and to oust or dispossess tenants where appropriate or other persons unlawfully in possession under any lease, license, concession agreement or</font><font style="font-family:'Times New Roman'; font-size:12pt"> otherwise, and to collect damages for breach thereof or default thereunder by such Owner, licensee, concessionaire or occupant.</font></p>
            <p style="margin:0pt 0pt 12pt; text-indent:72pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:normal; font-style:normal; text-decoration:none; text-transform:none">(l)</font><font style="font:7.0pt 'Times New Roman'">&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0; </font><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:bold">Insurance</font><font style="font-family:'Times New Roman'; font-size:12pt">.&#160; Manager will insure, on its Master Policy, against all liabilities at the Property at Manager&#8217;s sole cost and expen</font><font style="font-family:'Times New Roman'; font-size:12pt">se (&#8220;General Liability Insurance&#8221;). Any deductibles or self-insured retentions with respect to the General Liability Insurance shall be at Manager&#8217;s (or Manager&#8217;s U-Haul affiliates&#8217;) responsibility and sole cost and expense.&#160;&#160; Manager will insure equipment</font><font style="font-family:'Times New Roman'; font-size:12pt"> at Manager&#8217;s cost, as determined by Manager.&#160; If requested by Owner, Manager will obtain for Owner, at Owner&#8217;s sole cost and expense, a policy of property insurance (&#8220;Property and Casualty Insurance&#8221;).&#160; Any such Property &amp; Casualty Insurance shall meet Le</font><font style="font-family:'Times New Roman'; font-size:12pt">nder&#8217;s required coverage, to include earthquake, flood and other Lender requirements, as the case may be, and shall be the cost of Owner.&#160; Manager&#8217;s obligations under this Section 2(k) shall be guaranteed by U-Haul International, Inc.&#160; </font></p>
            <p style="margin:0pt 0pt 12pt; text-indent:72pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:normal; font-style:normal; text-decoration:none; text-transform:none">(m)</font><font style="font:7.0pt 'Times New Roman'">&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0; </font><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:bold">Taxes</font><font style="font-family:'Times New Roman'; font-size:12pt">.&#160; During the </font><font style="font-family:'Times New Roman'; font-size:12pt">term of this Agreement, Manager shall pay on behalf of Owner, prior to delinquency, real estate taxes, personal property taxes, and other taxes assessed to, or levied upon, the Property, but only in the event requested by Owner.&#160; If requested, Manager will</font><font style="font-family:'Times New Roman'; font-size:12pt"> charge to Owner an expense monthly equal to 1/12 of annual- real property taxes.</font></p>
            <p style="margin:0pt 0pt 12pt; text-indent:72pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:normal; font-style:normal; text-decoration:none; text-transform:none">(n)</font><font style="font:7.0pt 'Times New Roman'">&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0; </font><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:bold">Limitations on Manager Authority</font><font style="font-family:'Times New Roman'; font-size:12pt">.&#160; Notwithstanding anything to the contrary set forth in this Section 2, Manager shall not, without obtaining the prior written consent of Own</font><font style="font-family:'Times New Roman'; font-size:12pt">er, (i) rent storage space in the Property by written lease or agreement for a stated term in excess of one year unless such lease or agreement is terminable by the giving of not more than thirty (30) days written notice, (ii) alter the building or other s</font><font style="font-family:'Times New Roman'; font-size:12pt">tructures of the Property in violation of loan documents executed by Owner in connection with the Property (&#8220;Loan</font><a name="EDGAR_PAGE_END4"></a></p>
        <div class="footer" style="clear:both">
            <br>
            <p style="margin:0pt; text-align:center"><a name="EDGAR_HF_F_START_1"><!--</a><img src="image2.gif" width="624" height="38" alt="" style="margin-top:10.8pt; margin-left:0pt; position:absolute; z-index:-65536" />--><font style="font-family:'CG Times'; font-size:12pt">4</font><a name="EDGAR_HF_F_END_2"></a></p>
            <br>
        </div>
        </div>
        <div style="page-break-before:always; clear:both;">
        <div class="header" style="clear:both">
            <br>
        </div>
            <p style="margin:0pt 0pt 12pt; ; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt"> </font><a name="EDGAR_PAGE_START5"></a><font style="font-family:'Times New Roman'; font-size:12pt">Documents&#8221;); (iii) enter on behalf of Owner any other agreements which exceed a term of one year and are not terminable on thirty day's notice</font><font style="font-family:'Times New Roman'; font-size:12pt"> at the will of Owner, without penalty, payment or surcharge; (iv) act in violation of any Law, (v) violate any term or condition of the Loan Documents; (vi) fail to correct any misunderstanding of any third party of which Manager becomes aware as to the s</font><font style="font-family:'Times New Roman'; font-size:12pt">eparateness of Owner and Manager; or (vii) except as explicitly set forth in this Agreement, exercise any authority to act on behalf of, or hold itself out has having authority to act on behalf of, Owner.&#160; </font></p>
            <p style="margin:0pt 0pt 12pt; text-indent:72pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:normal; font-style:normal; text-decoration:none; text-transform:none">(o)</font><font style="font:7.0pt 'Times New Roman'">&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0; </font><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:bold">Shared Expenses</font><font style="font-family:'Times New Roman'; font-size:12pt">.&#160; Owner acknowledges that certain</font><font style="font-family:'Times New Roman'; font-size:12pt"> economies may be achieved with respect to certain expenses to be incurred by Manager on behalf of Owner hereunder if materials, supplies, insurance or services are purchased by Manager in quantity for use not only in connection with Owner's business at th</font><font style="font-family:'Times New Roman'; font-size:12pt">e Property but in connection with other properties owned or managed by Manager or its affiliates.&#160; Manager shall have the right to purchase such materials, supplies, insurance (subject to the terms of this Agreement) and/or services in its own name and cha</font><font style="font-family:'Times New Roman'; font-size:12pt">rge Owner a pro rata allocable share of the cost of the foregoing; provided, however, that the pro rata cost of such purchase to Owner shall not result in expenses that are either inconsistent with the expenses of other &quot;U-Haul branded&quot; locations in the ge</font><font style="font-family:'Times New Roman'; font-size:12pt">neral vicinity of the applicable Property or greater than would otherwise be incurred at competitive prices and terms available in the area where the Property is located; and provided further, Manager shall give Owner access to records (at no cost to Owner</font><font style="font-family:'Times New Roman'; font-size:12pt">) so Owner may review any such expenses incurred.</font></p>
            <p style="margin:0pt 0pt 12pt; text-indent:72pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:normal; font-style:normal; text-decoration:none; text-transform:none">(p)</font><font style="font:7.0pt 'Times New Roman'">&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0; </font><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:bold">Deposit of Gross Revenues</font><font style="font-family:'Times New Roman'; font-size:12pt">.&#160; All revenue from operations at the Property (&#8220;Gross Revenue&#8221;) shall be deposited daily by Manager into (i) a bank account that has been established for the benefit of Owner (the </font><font style="font-family:'Times New Roman'; font-size:12pt">&#8220;Deposit Account&#8221;) and maintained by Manager (or its parent company); or (ii) a collective bank account (the &#8220;Collective Account&#8221;) maintained by Manager (or its parent company) for the benefit of multiple property owners.&#160; In either case, although the acco</font><font style="font-family:'Times New Roman'; font-size:12pt">unt may be in Owner&#8217;s name, Owner&#8217;s right to the proceeds therein only extends to Owner&#8217;s Revenue.&#160; On a daily basis, Manager shall transfer Owner&#8217;s Revenue in the Deposit Account or Collective Account, as the case may be, to Owner&#8217;s separately identified </font><font style="font-family:'Times New Roman'; font-size:12pt">depositary account pledged to Lender (&#8220;Blocked Account&#8221;). To the extent that Gross Revenue is deposited into a Collective Account, Manager (or its parent company) shall on a daily basis reconcile such Collective Account and maintain such records as shall c</font><font style="font-family:'Times New Roman'; font-size:12pt">learly identify the respective interest of each property owner in such account.&#160; Manager shall not, and shall not permit any other property owner or any affiliate of Manager to borrow, lend, use, pledge or otherwise encumber Owner&#8217;s Revenue while it is in </font><font style="font-family:'Times New Roman'; font-size:12pt">a Deposit Account or Collective Account. Pursuant to the terms and conditions of that certain Cash Management Agreement dated as of the date hereof between Owner, U.S. Bank National Association as Agent and Administrative Agent, and Manager (the &#8220;Cash Mana</font><font style="font-family:'Times New Roman'; font-size:12pt">gement Agreement&#8221;), during a Cash Sweep Period (as defined in the Cash Management Agreement), the Owner&#8217;s Revenue shall be transferred to the Cash Management Account and shall be governed by the terms of the Cash Management Agreement.&#160;&#160; The payment of Owne</font><font style="font-family:'Times New Roman'; font-size:12pt">r&#8217;s U-Move Commissions shall be governed by the terms of the Dealer Contract.&#160;&#160;&#160; Except as otherwise expressly set forth above or in the Cash Management Agreement or Blocked Account Agreement (as defined in the Cash Management Agreement), nothing in this S</font><font style="font-family:'Times New Roman'; font-size:12pt">ection shall be construed to limit Owner&#8217;s access to Owner&#8217;s Revenue, except during a Cash Sweep Period. Manager shall not deposit any Gross Revenues into any deposit accounts except as expressly permitted under this paragraph.&#160;&#160; </font><a name="EDGAR_PAGE_END5"></a></p>
        <div class="footer" style="clear:both">
            <br>
            <p style="margin:0pt; text-align:center"><a name="EDGAR_HF_F_START_1"><!--</a><img src="image2.gif" width="624" height="38" alt="" style="margin-top:10.8pt; margin-left:0pt; position:absolute; z-index:-65536" />--><font style="font-family:'CG Times'; font-size:12pt">5</font><a name="EDGAR_HF_F_END_2"></a></p>
            <br>
        </div>
        </div>
        <div style="page-break-before:always; clear:both;">
        <div class="header" style="clear:both">
            <br>
        </div>
            <p style="margin:0pt 0pt 12pt; text-indent:72pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:normal; font-style:normal; text-decoration:none; text-transform:none">(q)</font><font style="font:7.0pt 'Times New Roman'">&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0; </font><a name="EDGAR_PAGE_START6"></a><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:bold">Obligations under Loan Do</font><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:bold">cuments and other Material Contracts</font><font style="font-family:'Times New Roman'; font-size:12pt">.&#160; Manager shall take such actions as are necessary or appropriate under the circumstances to ensure, to the extent Manager is privy to the information, that Owner is in compliance with the terms of the Loan Documents an</font><font style="font-family:'Times New Roman'; font-size:12pt">d any other material agreement relating to the Property to which Owner is a party and for which Manager is privy to the information.&#160; Notwithstanding the foregoing, nothing herein contained shall be deemed to obligate Manager to fund from its own resources</font><font style="font-family:'Times New Roman'; font-size:12pt"> any payments owed by Owner under the Loan Documents or otherwise be deemed to make Manager a direct obligor under the Loan Documents.</font></p>
            <p style="margin:0pt 0pt 12pt; text-indent:72pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:normal; font-style:normal; text-decoration:none; text-transform:none">(r)</font><font style="font:7.0pt 'Times New Roman'">&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0; </font><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:bold">Obligations notwithstanding other Tenancy at the Property</font><font style="font-family:'Times New Roman'; font-size:12pt">.&#160; Manager shall perform all of its obligations under this Agree</font><font style="font-family:'Times New Roman'; font-size:12pt">ment in a professional manner consistent with the standards it employs at all of its managed locations.&#160; </font></p>
            <p style="margin:0pt 0pt 12pt; text-indent:72pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:normal; font-style:normal; text-decoration:none; text-transform:none">(s)</font><font style="font:7.0pt 'Times New Roman'">&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0; </font><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:bold">Segregation</font><font style="font-family:'Times New Roman'; font-size:12pt">.&#160;&#160; Owner and Manager shall maintain the Property and Owner&#8217;s Revenue in such a manner that it is not costly or difficult to segregate, asc</font><font style="font-family:'Times New Roman'; font-size:12pt">ertain or identify Owner&#8217;s individual assets from those of Manager or any other person.&#160;&#160; </font></p>
            <p style="margin:0pt 0pt 12pt 72pt; text-indent:-36pt; text-align:justify; page-break-after:avoid"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:normal; font-style:normal; font-variant:normal; text-decoration:none; text-transform:none">3.</font><font style="font:7.0pt 'Times New Roman'">&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0; </font><font style="font-family:'Times New Roman'; font-size:12pt; text-decoration:underline">Duties of Owner.&#160; </font></p>
            <p style="margin:0pt 0pt 6pt; text-indent:72pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">Owner shall cooperate with Manager in the performance of Manager's duties under this Agreement and to that end, upon the request of Manager, shall</font><font style="font-family:'Times New Roman'; font-size:12pt"> provide, at such rental charges, if any, as are deemed appropriate, reasonable office space for Manager employees on the premises of the Property (to the extent available). Owner shall not unreasonably withhold or delay any consent or authorization to Man</font><font style="font-family:'Times New Roman'; font-size:12pt">ager required or appropriate under this Agreement.&#160; Owner shall provide Manager with copies of all Loan Documents and any amendments thereto.&#160; </font></p>
            <p style="margin:0pt 0pt 12pt 72pt; text-indent:-36pt; text-align:justify; page-break-after:avoid"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:normal; font-style:normal; font-variant:normal; text-decoration:none; text-transform:none">4.</font><font style="font:7.0pt 'Times New Roman'">&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0; </font><font style="font-family:'Times New Roman'; font-size:12pt; text-decoration:underline">Compensation of Manager.</font></p>
            <p style="margin:0pt 0pt 12pt; text-indent:72pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:normal; font-style:normal; text-decoration:none; text-transform:none">(a)</font><font style="font:7.0pt 'Times New Roman'">&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0; </font><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:bold">Reimbursement of Expenses</font><font style="font-family:'Times New Roman'; font-size:12pt">.&#160; Manager shall be entitled to request and receive timely rei</font><font style="font-family:'Times New Roman'; font-size:12pt">mbursement for all timely authorized out-of-pocket reasonable and customary expenses (&#8220;Expenses&#8221;) actually incurred by Manager in the discharge of its duties hereunder.&#160; Such expense reimbursement shall be due by the last business day of each month, for al</font><font style="font-family:'Times New Roman'; font-size:12pt">l expenses billed during such month, unless a written request is received by Manager detailing a legitimate dispute as to a billed amount.&#160;&#160;&#160; Such reimbursement shall be the obligation of Owner, whether or not Owner&#8217;s Revenues are sufficient to pay such am</font><font style="font-family:'Times New Roman'; font-size:12pt">ounts.&#160; Unpaid balances shall accrue interest at the rate of the 30 day libor + 100 basis points, commencing as of the first day of the month following the due date therefor, or the first day of the month&#160; following resolution of the dispute. </font></p>
            <p style="margin:0pt 0pt 12pt; text-indent:72pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:normal; font-style:normal; text-decoration:none; text-transform:none">(b)</font><font style="font:7.0pt 'Times New Roman'">&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0; </font><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:bold">Management F</font><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:bold">ee</font><font style="font-family:'Times New Roman'; font-size:12pt">.&#160; Owner shall pay to Manager as the full amount due for the services herein provided a monthly fee (the &#8220;Management Fee&#8221;) which shall be six percent (6%) of the Property&#8217;s current month Owner&#8217;s Revenue, as determined on a cash basis.&#160; The Management Fee</font><font style="font-family:'Times New Roman'; font-size:12pt"> payment shall be included with the reimbursement of Expenses pursuant to Section 4(a) above, for the same month.&#160; The invoice for the management fee shall be itemized and shall include reasonable detail to explain the expenses incurred. </font><a name="EDGAR_PAGE_END6"></a></p>
        <div class="footer" style="clear:both">
            <br>
            <p style="margin:0pt; text-align:center"><a name="EDGAR_HF_F_START_1"></a><!--<img src="image2.gif" width="624" height="38" alt="" style="margin-top:10.8pt; margin-left:0pt; position:absolute; z-index:-65536" />--><font style="font-family:'CG Times'; font-size:12pt">6</font><a name="EDGAR_HF_F_END_2"></a></p>
            <br>
        </div>
        </div>
        <div style="page-break-before:always; clear:both;">
        <div class="header" style="clear:both">
            <br>
        </div>
            <p style="margin:0pt 0pt 6pt; text-indent:72pt; text-align:justify"><a name="EDGAR_PAGE_START7"></a><font style="font-family:'Times New Roman'; font-size:12pt">Except as </font><font style="font-family:'Times New Roman'; font-size:12pt">provided in this Section 4, it is further understood and agreed that Manager shall not be entitled to additional compensation of any kind in connection with the performance by it of its duties under this Agreement.</font></p>
            <p style="margin:0pt 0pt 12pt; text-indent:72pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:normal; font-style:normal; text-decoration:none; text-transform:none">(c)</font><font style="font:7.0pt 'Times New Roman'">&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0; </font><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:bold">Inspection of Books and Records</font><font style="font-family:'Times New Roman'; font-size:12pt">.&#160; Owner s</font><font style="font-family:'Times New Roman'; font-size:12pt">hall have the right, upon prior reasonable notice to Manager, to inspect Manager's books and records with respect to the Property, to assure that proper fees and charges are assessed hereunder.&#160; Manager shall cooperate with any such inspection.&#160; Owner shal</font><font style="font-family:'Times New Roman'; font-size:12pt">l bear the cost of any such inspection; provided, however, that if it is clearly demonstrated that Manager has overcharged Owner by more than 5% in any given quarter and such overcharge was not caused in whole pr part by Owner, the cost of such inspection </font><font style="font-family:'Times New Roman'; font-size:12pt">shall be borne by Manager. Manager shall promptly reimburse Owner for any overpayment.</font></p>
            <p style="margin:0pt 0pt 12pt 72pt; text-indent:-36pt; text-align:justify; page-break-after:avoid"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:normal; font-style:normal; font-variant:normal; text-decoration:none; text-transform:none">5.</font><font style="font:7.0pt 'Times New Roman'">&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0; </font><font style="font-family:'Times New Roman'; font-size:12pt; text-decoration:underline">Use of Trademarks, Service Marks and Related Items.</font></p>
            <p style="margin:0pt 0pt 6pt; text-indent:72pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">Owner acknowledges the significant value of the &quot;U-Haul&quot; name in the operations of Owner's property and it is therefo</font><font style="font-family:'Times New Roman'; font-size:12pt">re understood and agreed that the name, trademark and service mark &quot;U-Haul&quot;, and related marks, slogans, caricatures, designs and other trade or service items (the &quot;</font><font style="font-family:'Times New Roman'; font-size:12pt; text-decoration:underline">Manager Trade Marks</font><font style="font-family:'Times New Roman'; font-size:12pt">&quot;) shall be utilized for the non-exclusive benefit of Owner in the renta</font><font style="font-family:'Times New Roman'; font-size:12pt">l and operation of the Property, and in comparable operations elsewhere.&#160; It is further understood and agreed that this name and all such marks, slogans, caricatures, designs and other trade or service items shall remain and be at all times the property of</font><font style="font-family:'Times New Roman'; font-size:12pt"> Manager and its affiliates, and that, except as expressly provided in this Agreement, Owner shall have no right whatsoever therein.&#160; Owner agrees that during the term of this Agreement the sign faces at the property will have the name &quot;U-Haul.&quot;&#160; Upon term</font><font style="font-family:'Times New Roman'; font-size:12pt">ination of this Agreement at any time for any reason, all such use by and for the benefit of Owner of any such name, mark, slogan, caricature, design or other trade or service item in connection with the Property shall be terminated and any signs bearing a</font><font style="font-family:'Times New Roman'; font-size:12pt">ny of the foregoing shall be removed from view and no longer used by Owner.&#160; In addition, upon termination of this Agreement at any time for any reason, Owner shall not enter into any new leases of Property using the Manager lease form or use other forms p</font><font style="font-family:'Times New Roman'; font-size:12pt">repared by Manager.&#160; It is understood and agreed that Manager will use and shall be unrestricted in its use of such name, mark, slogan, caricature, design or other trade or service item in the management and operation of other storage facilities both durin</font><font style="font-family:'Times New Roman'; font-size:12pt">g and after the expiration or termination of the term of this Agreement.&#160; </font></p>
            <p style="margin:0pt 0pt 12pt 72pt; text-indent:-36pt; text-align:justify; page-break-after:avoid"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:normal; font-style:normal; font-variant:normal; text-decoration:none; text-transform:none">6.</font><font style="font:7.0pt 'Times New Roman'">&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0; </font><font style="font-family:'Times New Roman'; font-size:12pt; text-decoration:underline">Default; Termination.&#160; </font></p>
            <p style="margin:0pt 0pt 12pt; text-indent:72pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:normal; font-style:normal; text-decoration:none; text-transform:none">(a)</font><font style="font:7.0pt 'Times New Roman'">&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0; </font><font style="font-family:'Times New Roman'; font-size:12pt">Any material failure by Manager or Owner (a &quot;</font><font style="font-family:'Times New Roman'; font-size:12pt; text-decoration:underline">Defaulting Party</font><font style="font-family:'Times New Roman'; font-size:12pt">&quot;) to perform its respective duties or obligations hereunder (other than a default by Owner unde</font><font style="font-family:'Times New Roman'; font-size:12pt">r Section 4 of this Agreement), which material failure is not cured within thirty (30) calendar days after receipt of written notice of such failure from the non-defaulting party, shall constitute an event of default hereunder; provided, however, the foreg</font><font style="font-family:'Times New Roman'; font-size:12pt">oing shall not constitute an event of default hereunder in the event the Defaulting Party commences cure of such material failure within such thirty (30) day period and diligently prosecutes the cure of such material failure thereafter but in no event shal</font><font style="font-family:'Times New Roman'; font-size:12pt">l such extended cure period exceed ninety (90) days from the date of receipt by the non-defaulting party of written notice of such material default; provided further, however, that in the event such material failure constitutes a default under the terms of</font><font style="font-family:'Times New Roman'; font-size:12pt"> the Loan Documents and the cure period for such matter under the Loan Documents is shorter than the</font><a name="EDGAR_PAGE_END7"></a></p>
        <div class="footer" style="clear:both">
            <br>
            <p style="margin:0pt; text-align:center"><a name="EDGAR_HF_F_START_1"></a><!--<img src="image2.gif" width="624" height="38" alt="" style="margin-top:10.8pt; margin-left:0pt; position:absolute; z-index:-65536" />--><font style="font-family:'CG Times'; font-size:12pt">7</font><a name="EDGAR_HF_F_END_2"></a></p>
            <br>
        </div>
        </div>
        <div style="page-break-before:always; clear:both;">
        <div class="header" style="clear:both">
            <br>
        </div>
            <p style="margin:0pt 0pt 12pt; ; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt"> </font><a name="EDGAR_PAGE_START8"></a><font style="font-family:'Times New Roman'; font-size:12pt">cure period specified herein, the cure period specified herein shall automatically shorten such that it shall match the cure period for such matter as spec</font><font style="font-family:'Times New Roman'; font-size:12pt">ified under the Loan Documents. In addition, following notice to Manager of the existence of any such material failure by Manager, Owner shall have the right to cure any such material failure by Manager, and any sums so expended in curing shall be owed by </font><font style="font-family:'Times New Roman'; font-size:12pt">Manager to such curing party and may be offset against any sums owed to Manager under this Agreement.</font></p>
            <p style="margin:0pt 0pt 12pt; text-indent:72pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:normal; font-style:normal; text-decoration:none; text-transform:none">(b)</font><font style="font:7.0pt 'Times New Roman'">&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0; </font><font style="font-family:'Times New Roman'; font-size:12pt">Any material failure by Owner to perform its duties or obligations under Section 4, which material failure is not cured within ten (10) calendar days afte</font><font style="font-family:'Times New Roman'; font-size:12pt">r receipt of written notice of such failure from Manager, shall constitute an event of default hereunder.&#160; </font></p>
            <p style="margin:0pt 0pt 12pt; text-indent:72pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:normal; font-style:normal; text-decoration:none; text-transform:none">(c)</font><font style="font:7.0pt 'Times New Roman'">&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0; </font><font style="font-family:'Times New Roman'; font-size:12pt">Subject to the terms of the Loan Documents, either party hereto shall have&#160; the right to terminate this Agreement, without cause, by giving not less</font><font style="font-family:'Times New Roman'; font-size:12pt"> than ninety (90) days' written notice to the other party hereto, and with cause by giving not less than thirty (30) days written notice to the other party hereto, in both cases pursuant to Section 14 hereof.&#160;&#160; </font></p>
            <p style="margin:0pt 0pt 12pt; text-indent:72pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:normal; font-style:normal; text-decoration:none; text-transform:none">(d)</font><font style="font:7.0pt 'Times New Roman'">&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0; </font><font style="font-family:'Times New Roman'; font-size:12pt">Upon termination of this Agreement, (x) Mana</font><font style="font-family:'Times New Roman'; font-size:12pt">ger shall promptly return to Owner all monies, books, records and other materials held by Manager for or on behalf of Owner and shall otherwise cooperate with Owner to promote and ensure a smooth transition to the new manager and (y) Manager shall be entit</font><font style="font-family:'Times New Roman'; font-size:12pt">led to receive its Management Fee and reimbursement of expenses through the effective date of such termination, including the reimbursement of any prepaid expenses for periods beyond the date of termination (such as Yellow Pages advertising).&#160;&#160;&#160; </font></p>
            <p style="margin:0pt 0pt 12pt 72pt; text-indent:-36pt; text-align:justify; page-break-after:avoid"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:normal; font-style:normal; font-variant:normal; text-decoration:none; text-transform:none">7.</font><font style="font:7.0pt 'Times New Roman'">&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0; </font><font style="font-family:'Times New Roman'; font-size:12pt; text-decoration:underline">Indemnifi</font><font style="font-family:'Times New Roman'; font-size:12pt; text-decoration:underline">cation.&#160; </font></p>
            <p style="margin:0pt 0pt 6pt; text-indent:72pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">Manager hereby agrees to indemnify, defend and hold Owner, all persons and companies affiliated with Owner, and all officers, shareholders, directors, employees and agents of Owner and of any affiliated companies or persons (collectively, the &quot;In</font><font style="font-family:'Times New Roman'; font-size:12pt">demnified Persons&quot;) harmless from any and all costs, expenses, attorneys' fees, suits, liabilities, judgments, damages, and claims in connection with the management of the Property and operations thereon (including the loss of use thereof following any dam</font><font style="font-family:'Times New Roman'; font-size:12pt">age, injury or destruction), arising from any cause or matter whatsoever, including, without limitation, any environmental condition or matter caused by Manager&#8217;s operation of the Property, except to the extent attributable to the willful misconduct or neg</font><font style="font-family:'Times New Roman'; font-size:12pt">ligence on the part of the Indemnified Persons. </font></p>
            <p style="margin:0pt 0pt 12pt 72pt; text-indent:-36pt; text-align:justify; page-break-after:avoid"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:normal; font-style:normal; font-variant:normal; text-decoration:none; text-transform:none">8.</font><font style="font:7.0pt 'Times New Roman'">&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0; </font><font style="font-family:'Times New Roman'; font-size:12pt; text-decoration:underline">Assignment.&#160; </font></p>
            <p style="margin:0pt 0pt 6pt; text-indent:72pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">Manager shall not assign this Agreement, or any portion hereof of the duties hereunder, to any party without the consent of Owner.</font></p>
            <p style="margin:0pt 0pt 12pt 72pt; text-indent:-36pt; text-align:justify; page-break-after:avoid"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:normal; font-style:normal; font-variant:normal; text-decoration:none; text-transform:none">9.</font><font style="font:7.0pt 'Times New Roman'">&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0; </font><font style="font-family:'Times New Roman'; font-size:12pt; text-decoration:underline">Standard for Property Manager's Responsibility.</font></p>
            <p style="margin:0pt 0pt 6pt; text-indent:72pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">Manager agrees</font><font style="font-family:'Times New Roman'; font-size:12pt"> that it will perform its obligations hereunder according to industry standards, in good faith, and in a commercially reasonable manner.&#160; </font></p>
            <p style="margin:0pt 0pt 12pt 72pt; text-indent:-36pt; text-align:justify; page-break-after:avoid"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:normal; font-style:normal; font-variant:normal; text-decoration:none; text-transform:none">10.</font><font style="font:7.0pt 'Times New Roman'">&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0; </font><font style="font-family:'Times New Roman'; font-size:12pt; text-decoration:underline">Estoppel Certificate.&#160; </font></p>
            <p style="margin:0pt 0pt 6pt; text-indent:72pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">Each of Owner and Manager agree to execute and deliver to one another, from time to time, wit</font><font style="font-family:'Times New Roman'; font-size:12pt">hin ten (10) business days of the requesting party's request, a statement in</font><a name="EDGAR_PAGE_END8"></a></p>
        <div class="footer" style="clear:both">
            <br>
            <p style="margin:0pt; text-align:center"><a name="EDGAR_HF_F_START_1"></a><!--<img src="image2.gif" width="624" height="38" alt="" style="margin-top:10.8pt; margin-left:0pt; position:absolute; z-index:-65536" />--><font style="font-family:'CG Times'; font-size:12pt">8</font><a name="EDGAR_HF_F_END_2"></a></p>
            <br>
        </div>
        </div>
        <div style="page-break-before:always; clear:both;">
        <div class="header" style="clear:both">
            <br>
        </div>
            <p style="margin:0pt 0pt 6pt; ; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt"> </font><a name="EDGAR_PAGE_START9"></a><font style="font-family:'Times New Roman'; font-size:12pt">writing certifying, to the extent true, that this Agreement is in full force and effect, and acknowledging that there are not, to such parties knowledge, any uncured defaults or s</font><font style="font-family:'Times New Roman'; font-size:12pt">pecifying such defaults if they are claimed and any such other matters as may be reasonably requested by such requesting party.</font></p>
            <p style="margin:0pt 0pt 12pt 72pt; text-indent:-36pt; text-align:justify; page-break-after:avoid"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:normal; font-style:normal; font-variant:normal; text-decoration:none; text-transform:none">11.</font><font style="font:7.0pt 'Times New Roman'">&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0; </font><font style="font-family:'Times New Roman'; font-size:12pt; text-decoration:underline">Term; Scope.</font></p>
            <p style="margin:0pt 0pt 6pt; text-indent:72pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">Subject to the provisions hereof, this Agreement shall have an initial term (such term, as extended or renewed in a</font><font style="font-family:'Times New Roman'; font-size:12pt">ccordance with the provisions hereof, being called the &quot;</font><font style="font-family:'Times New Roman'; font-size:12pt; text-decoration:underline">Term</font><font style="font-family:'Times New Roman'; font-size:12pt">&quot;) commencing on the date hereof (the &quot;</font><font style="font-family:'Times New Roman'; font-size:12pt; text-decoration:underline">Commencement Date</font><font style="font-family:'Times New Roman'; font-size:12pt">&quot;) and ending on the later of (i) the last day of the 300th calendar month next following the date hereof or (ii) the maturity date, repayme</font><font style="font-family:'Times New Roman'; font-size:12pt">nt or prepayment of all amounts due to Lender pursuant to the applicable Loan Documents (the &quot;</font><font style="font-family:'Times New Roman'; font-size:12pt; text-decoration:underline">Expiration Date</font><font style="font-family:'Times New Roman'; font-size:12pt">&quot;); provided however, the parties shall have the right upon mutual agreement to terminate this Agreement with respect to any indiv</font><font style="font-family:'Times New Roman'; font-size:12pt">idual Property no longer securing amounts due Lender pursuant to the applicable Loan Documents (for instance due to a significant casualty or condemnation of such Property).&#160;&#160;&#160;&#160;&#160; </font></p>
            <p style="margin:0pt 0pt 12pt 72pt; text-indent:-36pt; text-align:justify; page-break-after:avoid"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:normal; font-style:normal; font-variant:normal; text-decoration:none; text-transform:none">12.</font><font style="font:7.0pt 'Times New Roman'">&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0; </font><font style="font-family:'Times New Roman'; font-size:12pt; text-decoration:underline">Headings.</font></p>
            <p style="margin:0pt 0pt 6pt; text-indent:72pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">The headings contained herein are for convenience of reference onl</font><font style="font-family:'Times New Roman'; font-size:12pt">y and are not intended to define, limit or describe the scope or intent of any provision of this Agreement.</font></p>
            <p style="margin:0pt 0pt 12pt 72pt; text-indent:-36pt; text-align:justify; page-break-after:avoid"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:normal; font-style:normal; font-variant:normal; text-decoration:none; text-transform:none">13.</font><font style="font:7.0pt 'Times New Roman'">&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0; </font><font style="font-family:'Times New Roman'; font-size:12pt; text-decoration:underline">Governing Law.</font></p>
            <p style="margin:0pt 0pt 6pt; text-indent:72pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">The validity of this Agreement, the construction of its terms and the interpretation of the rights and duties of the parties shall be</font><font style="font-family:'Times New Roman'; font-size:12pt"> governed by the internal laws of the State of </font><font style="font-family:'Times New Roman'; font-size:12pt">Nevada</font><font style="font-family:'Times New Roman'; font-size:12pt">.</font></p>
            <p style="margin:0pt 0pt 12pt 72pt; text-indent:-36pt; text-align:justify; page-break-after:avoid"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:normal; font-style:normal; font-variant:normal; text-decoration:none; text-transform:none">14.</font><font style="font:7.0pt 'Times New Roman'">&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0; </font><font style="font-family:'Times New Roman'; font-size:12pt; text-decoration:underline">Notices.</font></p>
            <p style="margin:0pt"><font style="font-family:'Times New Roman'; font-size:12pt">Any notice required or permitted herein shall be in writing and shall be personally delivered or mailed first class postage prepaid or delivered by an overnight delivery service to the respect</font><font style="font-family:'Times New Roman'; font-size:12pt">ive addresses of the parties set forth above on the first page of this Agreement, or to such other address as any party may give&#160; to the other in writing.&#160; Any notice required by this Agreement will be deemed to have been given when personally served or on</font><font style="font-family:'Times New Roman'; font-size:12pt">e day after delivery to an overnight delivery service or five days after deposit in the first class mail. Any notice to Owner shall be to the attention of c/o SAC Holding Corporation, 1250 E. Missouri, </font><font style="font-family:'Times New Roman'; font-size:12pt">Phoenix</font><font style="font-family:'Times New Roman'; font-size:12pt">, </font><font style="font-family:'Times New Roman'; font-size:12pt">AZ</font><font style="font-family:'Times New Roman'; font-size:12pt">&#160; </font><font style="font-family:'Times New Roman'; font-size:12pt">85014</font><font style="font-family:'Times New Roman'; font-size:12pt">, Attn:&#160; Secretary. Any notice to Ma</font><font style="font-family:'Times New Roman'; font-size:12pt">nager shall be to the attention of c/o U-Haul International, Inc., </font><font style="font-family:'Times New Roman'; font-size:12pt">2721 North Central Avenue</font><font style="font-family:'Times New Roman'; font-size:12pt">, </font><font style="font-family:'Times New Roman'; font-size:12pt">Phoenix</font><font style="font-family:'Times New Roman'; font-size:12pt">, </font><font style="font-family:'Times New Roman'; font-size:12pt">AZ</font><font style="font-family:'Times New Roman'; font-size:12pt"> </font><font style="font-family:'Times New Roman'; font-size:12pt">85004</font><font style="font-family:'Times New Roman'; font-size:12pt">, Attn:&#160; Chief Financial Officer.</font></p>
            <p style="margin:0pt"><font style="font-family:'Times New Roman'; font-size:12pt">&#xa0;</font></p>
            <p style="margin:0pt 0pt 12pt 72pt; text-indent:-36pt; text-align:justify; page-break-after:avoid"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:normal; font-style:normal; font-variant:normal; text-decoration:none; text-transform:none">15.</font><font style="font:7.0pt 'Times New Roman'">&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0; </font><font style="font-family:'Times New Roman'; font-size:12pt; text-decoration:underline">Severability.</font></p>
            <p style="margin:0pt 0pt 6pt; text-indent:72pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">Should any term or provision hereof be deemed invalid, void or unenforceable either in its entir</font><font style="font-family:'Times New Roman'; font-size:12pt">ety or in a particular application, the remainder of this Agreement shall nonetheless remain in full force and effect and, if the subject term or provision is deemed to be invalid, void or unenforceable only with respect to a particular application, such t</font><font style="font-family:'Times New Roman'; font-size:12pt">erm or provision shall remain in full force and effect with respect to all other applications.</font><a name="EDGAR_PAGE_END9"></a></p>
        <div class="footer" style="clear:both">
            <br>
            <p style="margin:0pt; text-align:center"><a name="EDGAR_HF_F_START_1"></a><!--<img src="image2.gif" width="624" height="38" alt="" style="margin-top:10.8pt; margin-left:0pt; position:absolute; z-index:-65536" />--><font style="font-family:'CG Times'; font-size:12pt">9</font><a name="EDGAR_HF_F_END_2"></a></p>
            <br>
        </div>
        </div>
        <div style="page-break-before:always; clear:both;">
        <div class="header" style="clear:both">
            <br>
        </div>
            <p style="margin:0pt 0pt 12pt 72pt; text-indent:-36pt; text-align:justify; page-break-after:avoid"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:normal; font-style:normal; font-variant:normal; text-decoration:none; text-transform:none">16.</font><font style="font:7.0pt 'Times New Roman'">&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0; </font><a name="EDGAR_PAGE_START10"></a><font style="font-family:'Times New Roman'; font-size:12pt; text-decoration:underline">Successors.</font></p>
            <p style="margin:0pt 0pt 6pt; text-indent:72pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">This Agreement shall be binding upon and inure to the benefit of the respective parties hereto and their permitted assigns and successors in interest</font><font style="font-family:'Times New Roman'; font-size:12pt">.</font></p>
            <p style="margin:0pt 0pt 12pt 72pt; text-indent:-36pt; text-align:justify; page-break-after:avoid"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:normal; font-style:normal; font-variant:normal; text-decoration:none; text-transform:none">17.</font><font style="font:7.0pt 'Times New Roman'">&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0; </font><font style="font-family:'Times New Roman'; font-size:12pt; text-decoration:underline">Attorneys' Fees.</font></p>
            <p style="margin:0pt 0pt 6pt; text-indent:72pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">If it shall become necessary for any party hereto to engage attorneys to institute legal action for the purpose of enforcing their respective rights hereunder or for the purpose of defending legal action brought by the other party hereto</font><font style="font-family:'Times New Roman'; font-size:12pt">, the party or parties prevailing in such litigation shall be entitled to receive all costs, expenses and fees (including reasonable attorneys' fees) incurred by it in such litigation (including appeals).</font></p>
            <p style="margin:0pt 0pt 6pt; text-indent:36pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">18.</font><font style="font-family:'Times New Roman'; font-size:12pt; text-decoration:underline">Counterparts</font><font style="font-family:'Times New Roman'; font-size:12pt">.</font></p>
            <p style="margin:0pt 0pt 6pt; text-indent:72pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">This Agreement may be executed in</font><font style="font-family:'Times New Roman'; font-size:12pt"> one or more counterparts, each of which shall be deemed an original, but all of which together shall constitute one and the same instrument.</font></p>
            <p style="margin:0pt 0pt 12pt 72pt; text-indent:-36pt; text-align:justify; page-break-after:avoid"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:normal; font-style:normal; font-variant:normal; text-decoration:none; text-transform:none">19.</font><font style="font:7.0pt 'Times New Roman'">&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0; </font><font style="font-family:'Times New Roman'; font-size:12pt; text-decoration:underline">Termination of Prior Agreement</font></p>
            <p style="margin:0pt 0pt 6pt; text-indent:72pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">This Agreement operates to terminate any prior property management agreement among </font><font style="font-family:'Times New Roman'; font-size:12pt">Owner and U-Haul with respect to the Property.&#160; The property management relationship among Owner and U-Haul with respect to the Property is restated as of the date hereof,&#160; as provided in this Agreement.&#160;&#160; </font></p>
            <p style="margin:0pt 0pt 6pt; text-indent:72pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">&#xa0;</font></p>
            <p style="margin:0pt 0pt 12pt 72pt; text-indent:-36pt; text-align:justify; page-break-after:avoid"><font style="font-family:'Times New Roman'; font-size:12pt">&#xa0;</font></p>
            <p style="margin:0pt 0pt 6pt; text-indent:72pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">&#xa0;</font></p>
            <p style="margin:0pt 0pt 6pt; text-indent:72pt; text-align:justify"><br style=" clear:both" /><a name="EDGAR_PAGE_END10"></a></p>
        <div class="footer" style="clear:both">
            <br>
            <p style="margin:0pt; text-align:center"><a name="EDGAR_HF_F_START_1"></a><!--<img src="image2.gif" width="624" height="38" alt="" style="margin-top:10.8pt; margin-left:0pt; position:absolute; z-index:-65536" />--><font style="font-family:'CG Times'; font-size:12pt">10</font><a name="EDGAR_HF_F_END_2"></a></p>
            <br>
        </div>
        </div>
        <div style="page-break-before:always; clear:both;">
        <div class="header" style="clear:both">
            <br>
        </div>
            <p style="margin:0pt 0pt 6pt; text-indent:72pt; text-align:justify"><a name="EDGAR_PAGE_START11"></a><font style="font-family:'Times New Roman'; font-size:12pt">IN WITNESS WHEREOF, the undersigned execute </font><font style="font-family:'Times New Roman'; font-size:12pt">this Agreement as of the date set forth above.</font></p>
            <p style="margin:0pt 0pt 6pt; text-indent:72pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">&#xa0;</font></p>
            <p style="margin:0pt 0pt 6pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt; text-decoration:underline">Owner</font><font style="font-family:'Times New Roman'; font-size:12pt">:</font></p>
            <p style="margin:0pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">Three-A&#160; SAC Self-Storage Limited Partnership, </font></p>
            <p style="margin:0pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">a </font><font style="font-family:'Times New Roman'; font-size:12pt">Nevada</font><font style="font-family:'Times New Roman'; font-size:12pt"> limited partnership</font></p>
            <p style="margin:0pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">&#xa0;</font></p>
            <p style="margin:0pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">By: Three-A&#160; SAC Self-Storage GP Corporation, </font></p>
            <p style="margin:0pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">Its General Partner</font></p>
            <p style="margin:0pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">&#xa0;</font></p>
            <p style="margin:0pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">By: __________________________________</font></p>
            <p style="margin:0pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">Bruce </font><font style="font-family:'Times New Roman'; font-size:12pt">Brockhagen, Secretary</font></p>
            <p style="margin:0pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">&#xa0;</font></p>
            <p style="margin:0pt 0pt 6pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">&#xa0;</font></p>
            <p style="margin:0pt 0pt 6pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt; text-decoration:underline">Manager</font><font style="font-family:'Times New Roman'; font-size:12pt">:</font></p>
            <table cellspacing="0" cellpadding="0" style="border-collapse:collapse; margin-left:0pt; width:216.75pt">
                <tr style="height:12.75pt">
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-left-color:#000000; border-left-style:solid; border-left-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; border-top-color:#000000; border-top-style:solid; border-top-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:216.75pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">U-Haul Co. of California</font></p>
                    </td>
                </tr>
                <tr style="height:12.75pt">
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-left-color:#000000; border-left-style:solid; border-left-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:216.75pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">U-Haul Co. of Florida</font></p>
                    </td>
                </tr>
                <tr style="height:12.75pt">
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-left-color:#000000; border-left-style:solid; border-left-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:216.75pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">U-Haul Co. of Illinois, Inc.</font></p>
                    </td>
                </tr>
                <tr style="height:12.75pt">
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-left-color:#000000; border-left-style:solid; border-left-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:216.75pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">U-Haul Co. of Massachusetts and Ohio, Inc.</font></p>
                    </td>
                </tr>
                <tr style="height:12.75pt">
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-left-color:#000000; border-left-style:solid; border-left-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:216.75pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">U-Haul Co. of New Jersey, Inc.</font></p>
                    </td>
                </tr>
                <tr style="height:12.75pt">
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-left-color:#000000; border-left-style:solid; border-left-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:216.75pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">U-Haul Co. of New York and Vermont, Inc.</font></p>
                    </td>
                </tr>
                <tr style="height:12.75pt">
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-left-color:#000000; border-left-style:solid; border-left-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:216.75pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">U-Haul Co. of Oklahoma, </font><font style="font-family:Arial; font-size:10pt">Inc.</font></p>
                    </td>
                </tr>
                <tr style="height:12.75pt">
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-left-color:#000000; border-left-style:solid; border-left-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:216.75pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">U-Haul Co. of Texas</font></p>
                    </td>
                </tr>
                <tr style="height:12.75pt">
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-left-color:#000000; border-left-style:solid; border-left-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:216.75pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">U-Haul Co. of Virginia</font></p>
                    </td>
                </tr>
            </table>
            <p style="margin:0pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">&#xa0;</font></p>
            <p style="margin:0pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">&#xa0;</font></p>
            <p style="margin:0pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">By: ____________________________________</font></p>
            <p style="margin:0pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">Gary B. Horton, Treasurer</font></p>
            <p style="margin:0pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">&#xa0;</font></p>
            <p style="margin:0pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">&#xa0;</font></p>
            <p style="margin:0pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">With respect to Section 2(k) herein, U-Haul International, Inc., a Nevada corporation, hereby executes this Agreement and guarantee</font><font style="font-family:'Times New Roman'; font-size:12pt">s Manager&#8217;s obligations under said Section 2(k).</font></p>
            <p style="margin:0pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">&#xa0;</font></p>
            <p style="margin:0pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">U-Haul International, Inc.</font></p>
            <p style="margin:0pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">&#xa0;</font></p>
            <p style="margin:0pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">By: _____________________________________</font></p>
            <p style="margin:0pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">Gary B. Horton, Treasurer&#160; </font></p>
            <p style="margin:0pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">&#xa0;</font></p>
            <p style="margin:0pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">&#xa0;</font></p>
            <p style="margin:0pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">&#xa0;</font></p>
        <div class="footer" style="clear:both">
            <br>
            <p style="margin:0pt; text-align:center"><a name="EDGAR_HF_F_START_1"></a><!--<img src="image2.gif" width="624" height="38" alt="" style="margin-top:10.8pt; margin-left:0pt; position:absolute; z-index:-65536" />--><font style="font-family:'CG Times'; font-size:12pt">11</font><a name="EDGAR_HF_F_END_2"></a></p>
            <br>
        </div>
        </div>
        <div style="page-break-before:always; clear:both;">
        <div class="header" style="clear:both">
            <br>
        </div>
            <p style="margin:0pt 0pt 6pt; ; text-align:center"><a name="EDGAR_PAGE_START12"></a><font style="font-family:'Times New Roman'; font-size:12pt">Exhibit A</font></p>
            <p style="margin:0pt 0pt 6pt; text-indent:72pt; text-align:center"><font style="font-family:'Times New Roman'; font-size:12pt">&#xa0;</font></p>
            <p style="margin:0pt 0pt 6pt; text-indent:72pt; text-align:center"><font style="font-family:'Times New Roman'; font-size:12pt">List of Properties</font></p>
            <p style="margin:0pt 0pt 6pt; text-indent:72pt; text-align:center"><font style="font-family:'Times New Roman'; font-size:12pt">&#xa0;</font></p>
            <table cellspacing="0" cellpadding="0" style="border-collapse:collapse; margin-left:0pt; width:486.75pt">
                <tr style="height:12.75pt">
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-left-color:#000000; border-left-style:solid; border-left-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; border-top-color:#000000; border-top-style:solid; border-top-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:44.25pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">883097</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; border-top-color:#000000; border-top-style:solid; border-top-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:141pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">U-Haul Moving &amp; Storage at Orangethorpe Ave</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; border-top-color:#000000; border-top-style:solid; border-top-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:135pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">2260 E Orangethorpe</font><font style="font-family:Arial; font-size:10pt"> Av</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; border-top-color:#000000; border-top-style:solid; border-top-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:99pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">FULLERTON</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; border-top-color:#000000; border-top-style:solid; border-top-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:27pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">CA</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; border-top-color:#000000; border-top-style:solid; border-top-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:40.5pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">92831</font></p>
                    </td>
                </tr>
                <tr style="height:12.75pt">
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-left-color:#000000; border-left-style:solid; border-left-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:44.25pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">883032</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:141pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">U-Haul Moving &amp; Storage of Eustis</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:135pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">15519 W US Hwy 441</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:99pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">EUSTIS</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:27pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">FL</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:40.5pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">32726</font></p>
                    </td>
                </tr>
                <tr style="height:12.75pt">
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-left-color:#000000; border-left-style:solid; border-left-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:44.25pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">883036</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:141pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">U-Haul Moving &amp; Storage of Seminole</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:135pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">6249 Seminole Blvd</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:99pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">SEMINOLE</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:27pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">FL</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:40.5pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">33772</font></p>
                    </td>
                </tr>
                <tr style="height:12.75pt">
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-left-color:#000000; border-left-style:solid; border-left-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:44.25pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">884009</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:141pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">U-Haul Moving &amp; Storage of Hudson</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:135pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">14906 US 19</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:99pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">HUDSON</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:27pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">FL</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:40.5pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">34667</font></p>
                    </td>
                </tr>
                <tr style="height:12.75pt">
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-left-color:#000000; border-left-style:solid; border-left-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:44.25pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">883027</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:141pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">U-Haul Moving &amp; Storage of Stratford Sq</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:135pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">4n275 84th Crt</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:99pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">HANOVER PARK</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:27pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">IL</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:40.5pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">60133</font></p>
                    </td>
                </tr>
                <tr style="height:12.75pt">
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-left-color:#000000; border-left-style:solid; border-left-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:44.25pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">883041</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:141pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">U-Haul Moving &amp; Storage of Swansea</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:135pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">600 Gar Hwy</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:99pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">SWANSEA</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:27pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">MA</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:40.5pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">02777</font></p>
                    </td>
                </tr>
                <tr style="height:12.75pt">
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-left-color:#000000; border-left-style:solid; border-left-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:44.25pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">883074</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:141pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">U-Haul Moving &amp; Storage at Route 2</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:135pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">438 Harvard St</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:99pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">LEOMINSTER</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:27pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">MA</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:40.5pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">01453</font></p>
                    </td>
                </tr>
                <tr style="height:12.75pt">
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-left-color:#000000; border-left-style:solid; border-left-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:44.25pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">883092</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:141pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">U-Haul Moving </font><font style="font-family:Arial; font-size:10pt">&amp; Storage of Ayer</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:135pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">79 Fitchburg Rd Rte 2A</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:99pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">AYER</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:27pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">MA</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:40.5pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">01432</font></p>
                    </td>
                </tr>
                <tr style="height:12.75pt">
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-left-color:#000000; border-left-style:solid; border-left-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:44.25pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">817032</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:141pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">U-Haul Moving &amp; Storage at Route 9</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:135pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">2180 Rte 9</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:99pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">TOMS RIVER</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:27pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">NJ</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:40.5pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">08755</font></p>
                    </td>
                </tr>
                <tr style="height:12.75pt">
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-left-color:#000000; border-left-style:solid; border-left-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:44.25pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">797050</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:141pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">U-Haul Moving &amp; Storage of Kingston</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:135pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">848 Ulster Ave</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:99pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">KINGSTON</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:27pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">NY</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:40.5pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">12401</font></p>
                    </td>
                </tr>
                <tr style="height:12.75pt">
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-left-color:#000000; border-left-style:solid; border-left-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:44.25pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">883054</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:141pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">U-Haul Moving &amp; Storage at N Royalton</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:135pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">9903</font><font style="font-family:Arial; font-size:10pt"> Royalton Rd</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:99pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">NORTH ROYALTON</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:27pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">OH</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:40.5pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">44133</font></p>
                    </td>
                </tr>
                <tr style="height:12.75pt">
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-left-color:#000000; border-left-style:solid; border-left-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:44.25pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">883013</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:141pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">U-Haul Moving &amp; Storage of Hefner</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:135pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">421 W Hefner Rd</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:99pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">OKLAHOMA CITY</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:27pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">OK</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:40.5pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">73114</font></p>
                    </td>
                </tr>
                <tr style="height:12.75pt">
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-left-color:#000000; border-left-style:solid; border-left-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:44.25pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">737044</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:141pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">U-Haul Moving &amp; Storage at Research Blvd</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:135pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">12611 N Hwy 183</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:99pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">AUSTIN</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:27pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">TX</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:40.5pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">78759</font></p>
                    </td>
                </tr>
                <tr style="height:12.75pt">
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-left-color:#000000; border-left-style:solid; border-left-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:44.25pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">883004</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:141pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">U-Haul Moving &amp; Storage at Altamesa Blvd &amp; McCart</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:135pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">3450 Altamesa Blvd</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:99pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">FORT WORTH</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:27pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">TX</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:40.5pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">76133</font></p>
                    </td>
                </tr>
                <tr style="height:12.75pt">
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-left-color:#000000; border-left-style:solid; border-left-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:44.25pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">883022</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:141pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">U-Haul Moving &amp; Storage at Harry Hines Blvd</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:135pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">11061 Harry Hines Blvd</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:99pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">DALLAS</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:27pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">TX</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:40.5pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">75229</font></p>
                    </td>
                </tr>
                <tr style="height:12.75pt">
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-left-color:#000000; border-left-style:solid; border-left-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:44.25pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">883062</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:141pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">U-Haul Moving &amp; Storage of South Military Highway</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:135pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">803 Butler St</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:99pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">CHESAPEAKE</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:27pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">VA</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:40.5pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">23323</font></p>
                    </td>
                </tr>
            </table>
            <p style="margin:0pt 0pt 6pt; text-indent:72pt; text-align:center"><a name="EDGAR_PAGE_END12"></a><a name="_GoBack"></a><font style="font-family:'Times New Roman'; font-size:12pt">&#xa0;</font></p>
        <div class="footer" style="clear:both">
            <br>
            <p style="margin:0pt; text-align:center"><a name="EDGAR_HF_F_START_1"></a><!--<img src="image2.gif" width="624" height="38" alt="" style="margin-top:10.8pt; margin-left:0pt; position:absolute; z-index:-65536" />--><font style="font-family:'CG Times'; font-size:12pt">12</font><a name="EDGAR_HF_F_END_2"></a></p>
            <br>
        </div>
        </div>
    </body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-10.2
<SEQUENCE>3
<FILENAME>exhib102.htm
<DESCRIPTION>EXHIBIT 10.2 PMA THREE-B SAC
<TEXT>
<html>
    <head>
    </head>
    <body>
        <div style="clear:both;">
        <div class="header" style="clear:both">
            <br>
        </div>
            <p style="margin:0pt 43.2pt 12pt 36pt; text-align:center"><a name="EDGAR_PAGE_START1"></a><font style="font-family:'Times New Roman'; font-size:12pt; text-decoration:underline">RESTATED PROPERTY MANAGEMENT AGREEMENT</font></p>
            <p style="margin:0pt 0pt 6pt; text-indent:36pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">THIS RESTATED PROPERTY MANAGEMENT AGREEMENT (this &quot;</font><font style="font-family:'Times New Roman'; font-size:12pt; text-decoration:underline">Agreement</font><font style="font-family:'Times New Roman'; font-size:12pt">&quot;) is entered into as of October 1, 2013 among Three-B SAC Self-Storage Limited Partnership, a Nevada limited partnership (&quot;</font><font style="font-family:'Times New Roman'; font-size:12pt; text-decoration:underline">Owner</font><font style="font-family:'Times New Roman'; font-size:12pt">&quot;), and the subsidiaries of</font><font style="font-family:'Times New Roman'; font-size:12pt"> U-Haul International, Inc. set forth on the signature block hereto (collectively or individually, as the case may be, &quot;</font><font style="font-family:'Times New Roman'; font-size:12pt; text-decoration:underline">Manager</font><font style="font-family:'Times New Roman'; font-size:12pt">&quot;).</font></p>
            <p style="margin:0pt 43.2pt 12pt 36pt; text-align:center"><font style="font-family:'Times New Roman'; font-size:12pt; text-decoration:underline">RECITALS</font></p>
            <p style="margin:0pt 4.5pt 0pt 0pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">A.</font><font style="font-family:'Times New Roman'; font-size:12pt">Owner owns the real property and all improvements thereon and appurtenances thereto located at the street addres</font><font style="font-family:'Times New Roman'; font-size:12pt">ses identified on Exhibit A hereto (hereinafter, collectively the &#8220;Property&#8221;).</font></p>
            <p style="margin:0pt 4.5pt 0pt 0pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">&#xa0;</font></p>
            <p style="margin:0pt 4.5pt 0pt 0pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">B.</font><font style="font-family:'Times New Roman'; font-size:12pt">Owner intends that the Property be rented on a space-by-space retail basis to corporations, partnerships, individuals and/or other entities for use as self-storage faciliti</font><font style="font-family:'Times New Roman'; font-size:12pt">es.</font></p>
            <p style="margin:0pt 4.5pt 0pt 0pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">&#xa0;</font></p>
            <p style="margin:0pt 4.5pt 0pt 0pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">C.</font><font style="font-family:'Times New Roman'; font-size:12pt">Owner desires that Manager manage the Property and Manager desires to act as the property manager for the Property, all in accordance with the terms and conditions of this Agreement.</font></p>
            <p style="margin:0pt 4.5pt 0pt 0pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">&#xa0;</font></p>
            <p style="margin:0pt 4.5pt 0pt 0pt; text-align:justify"><font style="font-family:'CG Times'; font-size:12pt">NOW, THEREFORE, in consideration of the mutual covenants herei</font><font style="font-family:'CG Times'; font-size:12pt">n contained, the parties hereto hereby agree as follows.</font></p>
            <p style="margin:0pt 4.5pt 0pt 0pt; text-align:justify"><font style="font-family:'CG Times'; font-size:12pt">&#xa0;</font></p>
            <p style="margin:0pt 0pt 12pt 72pt; text-indent:-36pt; text-align:justify; page-break-after:avoid"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:normal; font-style:normal; font-variant:normal; text-decoration:none; text-transform:none">1.</font><font style="font:7.0pt 'Times New Roman'">&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0; </font><font style="font-family:'Times New Roman'; font-size:12pt; text-decoration:underline">Employment.</font></p>
            <p style="margin:0pt 0pt 12pt; text-indent:72pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:normal; font-style:normal; text-decoration:none; text-transform:none">(a)</font><font style="font:7.0pt 'Times New Roman'">&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0; </font><font style="font-family:'Times New Roman'; font-size:12pt">Owner hereby retains Manager, and Manager agrees to act as manager of the Property upon the terms and conditions hereinafter set forth.</font></p>
            <p style="margin:0pt 0pt 12pt; text-indent:72pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:normal; font-style:normal; text-decoration:none; text-transform:none">(b)</font><font style="font:7.0pt 'Times New Roman'">&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0; </font><font style="font-family:'Times New Roman'; font-size:12pt">Owner acknowledges that Manager, and/or Manager af</font><font style="font-family:'Times New Roman'; font-size:12pt">filiates, is in the business of managing self-storage facilities and businesses conducted thereat, including, but not limited to, the sale of packing supplies and rental of trucks and equipment, both for its own account and for the account of others.&#160; It i</font><font style="font-family:'Times New Roman'; font-size:12pt">s hereby expressly agreed that notwithstanding this Agreement, Manager and such affiliates may continue to engage in such activities, may manage facilities other than those presently managed by Manager and its affiliates (whether or not such other faciliti</font><font style="font-family:'Times New Roman'; font-size:12pt">es may be in direct or indirect competition with Owner) and may in the future engage in other business which may compete directly or indirectly with activities of Owner.&#160; </font></p>
            <p style="margin:0pt 0pt 12pt; text-indent:72pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:normal; font-style:normal; text-decoration:none; text-transform:none">(c)</font><font style="font:7.0pt 'Times New Roman'">&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0; </font><font style="font-family:'Times New Roman'; font-size:12pt">In the performance of its duties under this Agreement, Manager shall occupy the posi</font><font style="font-family:'Times New Roman'; font-size:12pt">tion of an independent contractor with respect to Owner.&#160; Nothing contained herein shall be construed as making the parties hereto (or any of them) partners or co-parties to a joint venture, nor construed as making Manager an employee of Owner.</font></p>
            <p style="margin:0pt 0pt 12pt 72pt; text-indent:-36pt; text-align:justify; page-break-after:avoid"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:normal; font-style:normal; font-variant:normal; text-decoration:none; text-transform:none">2.</font><font style="font:7.0pt 'Times New Roman'">&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0; </font><font style="font-family:'Times New Roman'; font-size:12pt; text-decoration:underline">Duties and </font><font style="font-family:'Times New Roman'; font-size:12pt; text-decoration:underline">Authority of Manager.</font></p>
            <p style="margin:0pt 0pt 6pt; text-indent:72pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">Subject to the terms and conditions of this Agreement, on behalf of, and as agent of, the Owner:</font></p>
            <p style="margin:0pt 0pt 12pt; text-indent:72pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:normal; font-style:normal; text-decoration:none; text-transform:none">(a)</font><font style="font:7.0pt 'Times New Roman'">&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0; </font><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:bold">General Duties and Authority</font><font style="font-family:'Times New Roman'; font-size:12pt">.&#160; Manager shall have the sole and exclusive duty and authority to fully manage the Property and supervise an</font><font style="font-family:'Times New Roman'; font-size:12pt">d direct the business</font><a name="EDGAR_PAGE_END1"></a></p>
        <div class="footer" style="clear:both">
            <br>
            <p style="margin:0pt; text-align:center"><a name="EDGAR_HF_F_START_1"></a><font style="font-family:'CG Times'; font-size:10pt"><!--1--></font><a name="EDGAR_HF_F_END_2"></a></p>
            <br>
        </div>
        </div>
        <div style="page-break-before:always; clear:both;">
        <div class="header" style="clear:both">
            <br>
        </div>
            <p style="margin:0pt 0pt 12pt; ; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt"> </font><a name="EDGAR_PAGE_START2"></a><font style="font-family:'Times New Roman'; font-size:12pt">and affairs associated or related to the daily operation thereof, to collect on behalf of Owner all revenues related to the Property, to pay on behalf of Owner all expenses of the Property, and to execute on behalf of Owner such docum</font><font style="font-family:'Times New Roman'; font-size:12pt">ents and instruments as, in the sole judgment of Manager, are reasonably necessary or advisable under the circumstances in order to fulfill Manager's duties hereunder.&#160; Such duties and authority shall include, without limitation, those set forth below.&#160; No</font><font style="font-family:'Times New Roman'; font-size:12pt">twithstanding the foregoing or any other term or provision herein, upon notice to Manager, Owner shall have the right to assume responsibility for the direct payment of certain expenses of Owner, as may be determined by Owner.&#160; In such event, Owner shall p</font><font style="font-family:'Times New Roman'; font-size:12pt">rovide an accounting of such costs to Manager.&#160; In the event Owner fails to provide such accounting to Manager, Manager shall assume no liability for nonpayment for such expenses so assumed by Owner.&#160;&#160; The parties acknowledge and agree that Owner will reta</font><font style="font-family:'Times New Roman'; font-size:12pt">in title to, ownership of, and exclusive right to control the Property, subject to the terms of this Agreement, and that portion of the Gross Revenue (as hereinafter defined) owned by Owner (&#8220;Owner&#8217;s Revenue&#8221;); and that Manager will not acquire title to, a</font><font style="font-family:'Times New Roman'; font-size:12pt">ny interest in, or any income or revenues from the Property or Owner&#8217;s Revenue.&#160; For purposes of this Agreement, Owner&#8217;s Revenue consists of the revenue from storage operations, retail sales, miscellaneous income and the commissions (&#8220;U-Move Commissions&#8221;) </font><font style="font-family:'Times New Roman'; font-size:12pt">paid to Owner pursuant to the terms of that Dealership Contract between Owner and Manager dated as of the date hereof (the &#8220;Dealer Contract&#8221;), in each case with respect to the Property. In performing its services and making any payments hereunder, Manager </font><font style="font-family:'Times New Roman'; font-size:12pt">will make known to third parties that Manager is acting solely as the agent of Owner.&#160; Under no circumstances will Manager represent or hold itself out to any third party as having any title to or property interest in the Property or Owner&#8217;s Revenue.&#160; </font></p>
            <p style="margin:0pt 0pt 12pt; text-indent:72pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:normal; font-style:normal; text-decoration:none; text-transform:none">(b)</font><font style="font:7.0pt 'Times New Roman'">&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0; </font><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:bold">Ren</font><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:bold">ting of the Property</font><font style="font-family:'Times New Roman'; font-size:12pt">.&#160; Manager shall establish policies and procedures for the marketing activities for the Property, and shall advertise the Property through such media as Manager deems advisable.&#160; Manager's marketing activities for the Property shall be </font><font style="font-family:'Times New Roman'; font-size:12pt">consistent with the scope and quality implemented by Manager and its affiliates at any other properties operated by Manager or its affiliates.&#160; Manager shall have the sole discretion, which discretion shall be exercised in good faith, to establish the term</font><font style="font-family:'Times New Roman'; font-size:12pt">s and conditions of occupancy by the tenants of the Property, and Manager is hereby authorized to enter into rental agreements on behalf and for the account of Owner with such tenants and to collect rent from such tenants on behalf and for the account of O</font><font style="font-family:'Times New Roman'; font-size:12pt">wner. Manager may jointly advertise the Property with other properties owned or managed by Manager or its Affiliates, and in that event, Manager shall reasonably allocate the cost of such advertising among such properties.</font></p>
            <p style="margin:0pt 0pt 12pt; text-indent:72pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:normal; font-style:normal; text-decoration:none; text-transform:none">(c)</font><font style="font:7.0pt 'Times New Roman'">&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0; </font><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:bold">Repair, Maintenance and Improveme</font><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:bold">nts</font><font style="font-family:'Times New Roman'; font-size:12pt">.&#160; Manager shall make, execute, supervise and have control over the making and executing of all decisions concerning the acquisition of furniture, fixtures and supplies for the Property, and may purchase, lease or otherwise acquire the same and which it</font><font style="font-family:'Times New Roman'; font-size:12pt">ems shall be owned by Manager.&#160; Manager shall make and execute, or supervise and have control over the making and executing of all decisions concerning the maintenance, repair and landscaping of the Property, provided, however, that such maintenance, repai</font><font style="font-family:'Times New Roman'; font-size:12pt">r and landscaping shall be consistent with the maintenance, repair and landscaping implemented by Manager and its affiliates at any other properties operated by Manager or its affiliates.&#160; Manager shall, on behalf of Owner, negotiate and contract for and s</font><font style="font-family:'Times New Roman'; font-size:12pt">upervise the installation of all capital improvements related to the Property; provided, however, that Manager agrees to secure the prior written approval of Owner on all such expenditures in excess of $10,000.00 for any one item, except monthly or recurri</font><font style="font-family:'Times New Roman'; font-size:12pt">ng operating charges and/or</font><a name="EDGAR_PAGE_END2"></a></p>
        <div class="footer" style="clear:both">
            <br>
            <p style="margin:0pt; text-align:center"><a name="EDGAR_HF_F_START_1"></a><font style="font-family:'CG Times'; font-size:10pt">2</font><a name="EDGAR_HF_F_END_2"></a></p>
            <br>
        </div>
        </div>
        <div style="page-break-before:always; clear:both;">
        <div class="header" style="clear:both">
            <br>
        </div>
            <p style="margin:0pt 0pt 12pt; ; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt"> </font><a name="EDGAR_PAGE_START3"></a><font style="font-family:'Times New Roman'; font-size:12pt">emergency repairs if in the opinion of Manager such emergency repairs are necessary to protect the Property from damage or to maintain services to the Owner or any customers.&#160; In the event such emergency repairs exceed $10,000, </font><font style="font-family:'Times New Roman'; font-size:12pt">Manager shall notify Owner and the insurer as applicable of the cost estimate for such work.</font></p>
            <p style="margin:0pt 0pt 12pt; text-indent:72pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:normal; font-style:normal; text-decoration:none; text-transform:none">(d)</font><font style="font:7.0pt 'Times New Roman'">&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0; </font><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:bold">Personnel</font><font style="font-family:'Times New Roman'; font-size:12pt">.&#160; Manager shall select all vendors, suppliers, contractors, subcontractors and employees with respect to the Property and shall hire, discharge and super</font><font style="font-family:'Times New Roman'; font-size:12pt">vise all labor and employees required for the operation and maintenance of the Property.&#160; Any employees so hired shall be employees of Manager, and shall be carried on the payroll of Manager.&#160; Employees may include, but need not be limited to, on-site resi</font><font style="font-family:'Times New Roman'; font-size:12pt">dent managers, on-site assistant managers, and relief managers located, rendering services, or performing activities on the Property in connection with its operation and management.&#160; The cost of employing such persons shall not exceed prevailing rates for </font><font style="font-family:'Times New Roman'; font-size:12pt">comparable persons performing the same or similar services with respect to real estate similar to the Property in the general vicinity of each respective Property.&#160; Manager shall be responsible for all legal and insurance requirements relating to its emplo</font><font style="font-family:'Times New Roman'; font-size:12pt">yees.</font></p>
            <p style="margin:0pt 0pt 12pt; text-indent:72pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:normal; font-style:normal; text-decoration:none; text-transform:none">(e)</font><font style="font:7.0pt 'Times New Roman'">&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0; </font><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:bold">Service Agreements</font><font style="font-family:'Times New Roman'; font-size:12pt">.&#160; Manager shall negotiate and execute on behalf of Owner such agreements which Manager deems necessary or advisable for the furnishing of utilities, services, concessions and supplies, for the maintenance, repair and operation of t</font><font style="font-family:'Times New Roman'; font-size:12pt">he Property and such other agreements which may benefit the Property or be incidental to the matters for which Manager is responsible hereunder.</font></p>
            <p style="margin:0pt 0pt 12pt; text-indent:72pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:normal; font-style:normal; text-decoration:none; text-transform:none">(f)</font><font style="font:7.0pt 'Times New Roman'">&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0; </font><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:bold">Other Decisions</font><font style="font-family:'Times New Roman'; font-size:12pt">.&#160; Manager shall make the decisions in connection with the day-to-day operations of the Property</font><font style="font-family:'Times New Roman'; font-size:12pt">.</font></p>
            <p style="margin:0pt 0pt 12pt; text-indent:72pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:normal; font-style:normal; text-decoration:none; text-transform:none">(g)</font><font style="font:7.0pt 'Times New Roman'">&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0; </font><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:bold">Regulations and Permits</font><font style="font-family:'Times New Roman'; font-size:12pt">.&#160; Manager shall comply in all respects with any statute, ordinance, law, rule, regulation or order of any governmental or regulatory body pertaining to the Property (collectively, &quot;Laws&quot;), respecting the use of the Property or the</font><font style="font-family:'Times New Roman'; font-size:12pt"> maintenance or operation thereof, the non-compliance with which could reasonably be expected to have a material adverse effect on Owner or any Property.&#160; Manager shall apply for and obtain and maintain, on behalf of Owner, all licenses and permits require</font><font style="font-family:'Times New Roman'; font-size:12pt">d or advisable (in the reasonable judgment of Manager) in connection with the management and operation of the Property.&#160; Notwithstanding the foregoing, Manager shall be permitted to contest any Applicable Laws to the extent and pursuant to the same conditi</font><font style="font-family:'Times New Roman'; font-size:12pt">ons that Owner is permitted to contest any Laws.&#160; To the extent that Manager does not comply, Manager will be responsible for the costs and penalties incurred as a result of the non-compliance.</font></p>
            <p style="margin:0pt 0pt 12pt; text-indent:72pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:normal; font-style:normal; text-decoration:none; text-transform:none">(h)</font><font style="font:7.0pt 'Times New Roman'">&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0; </font><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:bold">Records and Reports of Disbursements and Collections</font><font style="font-family:'Times New Roman'; font-size:12pt">.&#160; Manager</font><font style="font-family:'Times New Roman'; font-size:12pt"> shall establish, supervise, direct and maintain the operation of a system of cash record keeping and bookkeeping with respect to all receipts and disbursements and all business activities and operations conducted by Manager in connection with the manageme</font><font style="font-family:'Times New Roman'; font-size:12pt">nt and operation of the Property.&#160; Manager shall be responsible for cash shortages and discrepancies incurred in the normal course of management operations.&#160; The books, records and accounts shall be maintained at the Manager's office or at Owner's office, </font><font style="font-family:'Times New Roman'; font-size:12pt">or at such other location as Manager and Owner shall determine, and shall be available and open to examination and audit quarterly by Owner, its representatives, its lenders and administrative and collateral agents on behalf of lenders, if any</font><a name="EDGAR_PAGE_END3"></a></p>
        <div class="footer" style="clear:both">
            <br>
            <p style="margin:0pt; text-align:center"><a name="EDGAR_HF_F_START_1"></a><font style="font-family:'CG Times'; font-size:10pt">3</font><a name="EDGAR_HF_F_END_2"></a></p>
            <br>
        </div>
        </div>
        <div style="page-break-before:always; clear:both;">
        <div class="header" style="clear:both">
            <br>
        </div>
            <p style="margin:0pt 0pt 12pt; ; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt"> </font><a name="EDGAR_PAGE_START4"></a><font style="font-family:'Times New Roman'; font-size:12pt">(collectivel</font><font style="font-family:'Times New Roman'; font-size:12pt">y, &#8220;Lender&#8221;), and as provided by Owner, and, subject to any mortgagee of the Property, and such mortgagee's representative.&#160; Manager shall cause to be prepared and delivered to Owner and, if Owner fails to provide such information to Lender pursuant to the</font><font style="font-family:'Times New Roman'; font-size:12pt"> Loan Documents, to Lender, a monthly statement on a per-Property basis, of receipts, expenses and charges, and any other information as reasonably required by Owner to prepare its financials statements, together with a statement, on a per-Property basis, </font><font style="font-family:'Times New Roman'; font-size:12pt">of the disbursements made by Manager during such period on Owner's behalf, which shall include separate lines for prepaid items and inventory.&#160; Manager shall provide Owner with rent rolls and occupancy reports if requested.</font></p>
            <p style="margin:0pt 0pt 12pt; text-indent:72pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:normal; font-style:normal; text-decoration:none; text-transform:none">(i)</font><font style="font:7.0pt 'Times New Roman'">&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0; </font><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:bold">Collection</font><font style="font-family:'Times New Roman'; font-size:12pt">.&#160; Manager shall be </font><font style="font-family:'Times New Roman'; font-size:12pt">responsible for the billing and collection of all receipts and for payment of all expenses with respect to the Property and shall be responsible for establishing policies and procedures to minimize the amount of bad debts. Bad debt incurred as a result of </font><font style="font-family:'Times New Roman'; font-size:12pt">non compliance with management policies and procedures (such as improper verifications or acceptance of bad credit cards or bad checks) will be the responsibility of Manager.&#160; </font></p>
            <p style="margin:0pt 0pt 12pt; text-indent:72pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:normal; font-style:normal; text-decoration:none; text-transform:none">(j)</font><font style="font:7.0pt 'Times New Roman'">&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0; </font><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:bold">Legal Actions</font><font style="font-family:'Times New Roman'; font-size:12pt">.&#160; Manager shall cause to be instituted, on behalf and in its name</font><font style="font-family:'Times New Roman'; font-size:12pt"> or in the name of Owner as appropriate, any and all legal actions or proceedings Manager deems necessary or advisable in connection with the Property, including, without limitation, to collect charges, rent or other income due to Owner with respect to the</font><font style="font-family:'Times New Roman'; font-size:12pt"> Property and to oust or dispossess tenants where appropriate or other persons unlawfully in possession under any lease, license, concession agreement or otherwise, and to collect damages for breach thereof or default thereunder by such Owner, licensee, co</font><font style="font-family:'Times New Roman'; font-size:12pt">ncessionaire or occupant.</font></p>
            <p style="margin:0pt 0pt 12pt; text-indent:72pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:normal; font-style:normal; text-decoration:none; text-transform:none">(k)</font><font style="font:7.0pt 'Times New Roman'">&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0; </font><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:bold">Insurance</font><font style="font-family:'Times New Roman'; font-size:12pt">.&#160; Manager will insure, on its Master Policy, against all liabilities at the Property at Manager&#8217;s sole cost and expense (&#8220;General Liability Insurance&#8221;). Any deductibles or self-insured retentions with respect to the Gene</font><font style="font-family:'Times New Roman'; font-size:12pt">ral Liability Insurance shall be at Manager&#8217;s (or Manager&#8217;s U-Haul affiliates&#8217;) responsibility and sole cost and expense.&#160;&#160; Manager will insure equipment at Manager&#8217;s cost, as determined by Manager.&#160; If requested by Owner, Manager will obtain for Owner, at</font><font style="font-family:'Times New Roman'; font-size:12pt"> Owner&#8217;s sole cost and expense, a policy of property insurance (&#8220;Property and Casualty Insurance&#8221;).&#160; Any such Property &amp; Casualty Insurance shall meet Lender&#8217;s required coverage, to include earthquake, flood and other Lender requirements, as the case may b</font><font style="font-family:'Times New Roman'; font-size:12pt">e, and shall be the cost of Owner.&#160; Manager&#8217;s obligations under this Section 2(k) shall be guaranteed by U-Haul International, Inc.&#160; </font></p>
            <p style="margin:0pt 0pt 12pt; text-indent:72pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:normal; font-style:normal; text-decoration:none; text-transform:none">(l)</font><font style="font:7.0pt 'Times New Roman'">&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0; </font><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:bold">Taxes</font><font style="font-family:'Times New Roman'; font-size:12pt">.&#160; During the term of this Agreement, Manager shall pay on behalf of Owner, prior to delinquency, real estate taxes, </font><font style="font-family:'Times New Roman'; font-size:12pt">personal property taxes, and other taxes assessed to, or levied upon, the Property, but only in the event requested by Owner.&#160; If requested, Manager will charge to Owner an expense monthly equal to 1/12 of annual- real property taxes.</font></p>
            <p style="margin:0pt 0pt 12pt; text-indent:72pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:normal; font-style:normal; text-decoration:none; text-transform:none">(m)</font><font style="font:7.0pt 'Times New Roman'">&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0; </font><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:bold">Limitations on Manage</font><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:bold">r Authority</font><font style="font-family:'Times New Roman'; font-size:12pt">.&#160; Notwithstanding anything to the contrary set forth in this Section 2, Manager shall not, without obtaining the prior written consent of Owner, (i) rent storage space in the Property by written lease or agreement for a stated term in excess of</font><font style="font-family:'Times New Roman'; font-size:12pt"> one year unless such lease or agreement is terminable by the giving of not more than thirty (30) days written notice, (ii) alter the building or other structures of the Property in violation of loan documents executed by Owner in connection with the Prope</font><font style="font-family:'Times New Roman'; font-size:12pt">rty (&#8220;Loan</font><a name="EDGAR_PAGE_END4"></a></p>
        <div class="footer" style="clear:both">
            <br>
            <p style="margin:0pt; text-align:center"><a name="EDGAR_HF_F_START_1"></a><font style="font-family:'CG Times'; font-size:10pt">4</font><a name="EDGAR_HF_F_END_2"></a></p>
            <br>
        </div>
        </div>
        <div style="page-break-before:always; clear:both;">
        <div class="header" style="clear:both">
            <br>
        </div>
            <p style="margin:0pt 0pt 12pt; ; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt"> </font><a name="EDGAR_PAGE_START5"></a><font style="font-family:'Times New Roman'; font-size:12pt">Documents&#8221;); (iii) enter on behalf of Owner any other agreements which exceed a term of one year and are not terminable on thirty day's notice at the will of Owner, without penalty, payment or surcharge; (iv) act in violation of any Law, (v) vio</font><font style="font-family:'Times New Roman'; font-size:12pt">late any term or condition of the Loan Documents; (vi) fail to correct any misunderstanding of any third party of which Manager becomes aware as to the separateness of Owner and Manager; or (vii) except as explicitly set forth in this Agreement, exercise a</font><font style="font-family:'Times New Roman'; font-size:12pt">ny authority to act on behalf of, or hold itself out has having authority to act on behalf of, Owner.&#160; </font></p>
            <p style="margin:0pt 0pt 12pt; text-indent:72pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:normal; font-style:normal; text-decoration:none; text-transform:none">(n)</font><font style="font:7.0pt 'Times New Roman'">&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0; </font><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:bold">Shared Expenses</font><font style="font-family:'Times New Roman'; font-size:12pt">.&#160; Owner acknowledges that certain economies may be achieved with respect to certain expenses to be incurred by Manager on behalf of Owne</font><font style="font-family:'Times New Roman'; font-size:12pt">r hereunder if materials, supplies, insurance or services are purchased by Manager in quantity for use not only in connection with Owner's business at the Property but in connection with other properties owned or managed by Manager or its affiliates.&#160; Mana</font><font style="font-family:'Times New Roman'; font-size:12pt">ger shall have the right to purchase such materials, supplies, insurance (subject to the terms of this Agreement) and/or services in its own name and charge Owner a pro rata allocable share of the cost of the foregoing; provided, however, that the pro rata</font><font style="font-family:'Times New Roman'; font-size:12pt"> cost of such purchase to Owner shall not result in expenses that are either inconsistent with the expenses of other &quot;U-Haul branded&quot; locations in the general vicinity of the applicable Property or greater than would otherwise be incurred at competitive pr</font><font style="font-family:'Times New Roman'; font-size:12pt">ices and terms available in the area where the Property is located; and provided further, Manager shall give Owner access to records (at no cost to Owner) so Owner may review any such expenses incurred.</font></p>
            <p style="margin:0pt 0pt 12pt; text-indent:72pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:normal; font-style:normal; text-decoration:none; text-transform:none">(o)</font><font style="font:7.0pt 'Times New Roman'">&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0; </font><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:bold">Deposit of Gross Revenues</font><font style="font-family:'Times New Roman'; font-size:12pt">.&#160; All revenue from operatio</font><font style="font-family:'Times New Roman'; font-size:12pt">ns at the Property (&#8220;Gross Revenue&#8221;) shall be deposited daily by Manager into (i) a bank account that has been established for the benefit of Owner (the &#8220;Deposit Account&#8221;) and maintained by Manager (or its parent company); or (ii) a collective bank account</font><font style="font-family:'Times New Roman'; font-size:12pt"> (the &#8220;Collective Account&#8221;) maintained by Manager (or its parent company) for the benefit of multiple property owners.&#160; In either case, although the account may be in Owner&#8217;s name, Owner&#8217;s right to the proceeds therein only extends to Owner&#8217;s Revenue.&#160; On </font><font style="font-family:'Times New Roman'; font-size:12pt">a daily basis, Manager shall transfer Owner&#8217;s Revenue in the Deposit Account or Collective Account, as the case may be, to Owner&#8217;s separately identified depositary account pledged to Lender (&#8220;Blocked Account&#8221;). To the extent that Gross Revenue is deposited</font><font style="font-family:'Times New Roman'; font-size:12pt"> into a Collective Account, Manager (or its parent company) shall on a daily basis reconcile such Collective Account and maintain such records as shall clearly identify the respective interest of each property owner in such account.&#160; Manager shall not, and</font><font style="font-family:'Times New Roman'; font-size:12pt"> shall not permit any other property owner or any affiliate of Manager to borrow, lend, use, pledge or otherwise encumber Owner&#8217;s Revenue while it is in a Deposit Account or Collective Account. Pursuant to the terms and conditions of that certain Cash Mana</font><font style="font-family:'Times New Roman'; font-size:12pt">gement Agreement dated as of the date hereof between Owner, U.S. Bank National Association as Agent and Administrative Agent, and Manager (the &#8220;Cash Management Agreement&#8221;), during a Cash Sweep Period (as defined in the Cash Management Agreement), the Owner</font><font style="font-family:'Times New Roman'; font-size:12pt">&#8217;s Revenue shall be transferred to the Cash Management Account and shall be governed by the terms of the Cash Management Agreement.&#160;&#160; The payment of Owner&#8217;s U-Move Commissions shall be governed by the terms of the Dealer Contract.&#160;&#160;&#160; Except as otherwise ex</font><font style="font-family:'Times New Roman'; font-size:12pt">pressly set forth above or in the Cash Management Agreement or Blocked Account Agreement (as defined in the Cash Management Agreement), nothing in this Section shall be construed to limit Owner&#8217;s access to Owner&#8217;s Revenue, except during a Cash Sweep Period</font><font style="font-family:'Times New Roman'; font-size:12pt">. Manager shall not deposit any Gross Revenues into any deposit accounts except as expressly permitted under this paragraph.&#160;&#160; </font><a name="EDGAR_PAGE_END5"></a></p>
        <div class="footer" style="clear:both">
            <br>
            <p style="margin:0pt; text-align:center"><a name="EDGAR_HF_F_START_1"></a><font style="font-family:'CG Times'; font-size:10pt">5</font><a name="EDGAR_HF_F_END_2"></a></p>
            <br>
        </div>
        </div>
        <div style="page-break-before:always; clear:both;">
        <div class="header" style="clear:both">
            <br>
        </div>
            <p style="margin:0pt 0pt 12pt; text-indent:72pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:normal; font-style:normal; text-decoration:none; text-transform:none">(p)</font><font style="font:7.0pt 'Times New Roman'">&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0; </font><a name="EDGAR_PAGE_START6"></a><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:bold">Obligations under Loan Documents and other Material Contracts</font><font style="font-family:'Times New Roman'; font-size:12pt">.&#160; Manager shall take such actions as are necessary or appropriate </font><font style="font-family:'Times New Roman'; font-size:12pt">under the circumstances to ensure, to the extent Manager is privy to the information, that Owner is in compliance with the terms of the Loan Documents and any other material agreement relating to the Property to which Owner is a party and for which Manager</font><font style="font-family:'Times New Roman'; font-size:12pt"> is privy to the information.&#160; Notwithstanding the foregoing, nothing herein contained shall be deemed to obligate Manager to fund from its own resources any payments owed by Owner under the Loan Documents or otherwise be deemed to make Manager a direct ob</font><font style="font-family:'Times New Roman'; font-size:12pt">ligor under the Loan Documents.</font></p>
            <p style="margin:0pt 0pt 12pt; text-indent:72pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:normal; font-style:normal; text-decoration:none; text-transform:none">(q)</font><font style="font:7.0pt 'Times New Roman'">&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0; </font><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:bold">Obligations notwithstanding other Tenancy at the Property</font><font style="font-family:'Times New Roman'; font-size:12pt">.&#160; Manager shall perform all of its obligations under this Agreement in a professional manner consistent with the standards it employs at all of its managed locations.</font><font style="font-family:'Times New Roman'; font-size:12pt">&#160; </font></p>
            <p style="margin:0pt 0pt 12pt; text-indent:72pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:normal; font-style:normal; text-decoration:none; text-transform:none">(r)</font><font style="font:7.0pt 'Times New Roman'">&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0; </font><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:bold">Segregation</font><font style="font-family:'Times New Roman'; font-size:12pt">.&#160;&#160; Owner and Manager shall maintain the Property and Owner&#8217;s Revenue in such a manner that it is not costly or difficult to segregate, ascertain or identify Owner&#8217;s individual assets from those of Manager or any other person.&#160;&#160; </font></p>
            <p style="margin:0pt 0pt 12pt 72pt; text-indent:-36pt; text-align:justify; page-break-after:avoid"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:normal; font-style:normal; font-variant:normal; text-decoration:none; text-transform:none">3.</font><font style="font:7.0pt 'Times New Roman'">&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0; </font><font style="font-family:'Times New Roman'; font-size:12pt; text-decoration:underline">Duties of Owner.&#160; </font></p>
            <p style="margin:0pt 0pt 6pt; text-indent:72pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">Owner shall cooperate with Manager in the performance of Manager's duties under this Agreement and to that end, upon the request of Manager, shall provide, at such rental charges, if any, as are deemed appropriate, reasonable office spac</font><font style="font-family:'Times New Roman'; font-size:12pt">e for Manager employees on the premises of the Property (to the extent available). Owner shall not unreasonably withhold or delay any consent or authorization to Manager required or appropriate under this Agreement.&#160; Owner shall provide Manager with copies</font><font style="font-family:'Times New Roman'; font-size:12pt"> of all Loan Documents and any amendments thereto.&#160; </font></p>
            <p style="margin:0pt 0pt 12pt 72pt; text-indent:-36pt; text-align:justify; page-break-after:avoid"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:normal; font-style:normal; font-variant:normal; text-decoration:none; text-transform:none">4.</font><font style="font:7.0pt 'Times New Roman'">&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0; </font><font style="font-family:'Times New Roman'; font-size:12pt; text-decoration:underline">Compensation of Manager.</font></p>
            <p style="margin:0pt 0pt 12pt; text-indent:72pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:normal; font-style:normal; text-decoration:none; text-transform:none">(a)</font><font style="font:7.0pt 'Times New Roman'">&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0; </font><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:bold">Reimbursement of Expenses</font><font style="font-family:'Times New Roman'; font-size:12pt">.&#160; Manager shall be entitled to request and receive timely reimbursement for all timely authorized out-of-pocket reasonable and customary expenses (&#8220;Expe</font><font style="font-family:'Times New Roman'; font-size:12pt">nses&#8221;) actually incurred by Manager in the discharge of its duties hereunder.&#160; Such expense reimbursement shall be due by the last business day of each month, for all expenses billed during such month, unless a written request is received by Manager detail</font><font style="font-family:'Times New Roman'; font-size:12pt">ing a legitimate dispute as to a billed amount.&#160;&#160;&#160; Such reimbursement shall be the obligation of Owner, whether or not Owner&#8217;s Revenues are sufficient to pay such amounts.&#160; Unpaid balances shall accrue interest at the rate of the 30 day libor + 100 basis p</font><font style="font-family:'Times New Roman'; font-size:12pt">oints, commencing as of the first day of the month following the due date therefor, or the first day of the month&#160; following resolution of the dispute. </font></p>
            <p style="margin:0pt 0pt 12pt; text-indent:72pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:normal; font-style:normal; text-decoration:none; text-transform:none">(b)</font><font style="font:7.0pt 'Times New Roman'">&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0; </font><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:bold">Management Fee</font><font style="font-family:'Times New Roman'; font-size:12pt">.&#160; Owner shall pay to Manager as the full amount due for the services herein provided a m</font><font style="font-family:'Times New Roman'; font-size:12pt">onthly fee (the &#8220;Management Fee&#8221;) which shall be six percent (6%) of the Property&#8217;s current month Owner&#8217;s Revenue, as determined on a cash basis.&#160; The Management Fee payment shall be included with the reimbursement of Expenses pursuant to Section 4(a) abov</font><font style="font-family:'Times New Roman'; font-size:12pt">e, for the same month.&#160; The invoice for the management fee shall be itemized and shall include reasonable detail to explain the expenses incurred. </font><a name="EDGAR_PAGE_END6"></a></p>
        <div class="footer" style="clear:both">
            <br>
            <p style="margin:0pt; text-align:center"><a name="EDGAR_HF_F_START_1"></a><font style="font-family:'CG Times'; font-size:10pt">6</font><a name="EDGAR_HF_F_END_2"></a></p>
            <br>
        </div>
        </div>
        <div style="page-break-before:always; clear:both;">
        <div class="header" style="clear:both">
            <br>
        </div>
            <p style="margin:0pt 0pt 6pt; text-indent:72pt; text-align:justify"><a name="EDGAR_PAGE_START7"></a><font style="font-family:'Times New Roman'; font-size:12pt">Except as provided in this Section 4, it is further understood and agreed that Manager shall not be entitled</font><font style="font-family:'Times New Roman'; font-size:12pt"> to additional compensation of any kind in connection with the performance by it of its duties under this Agreement.</font></p>
            <p style="margin:0pt 0pt 12pt; text-indent:72pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:normal; font-style:normal; text-decoration:none; text-transform:none">(c)</font><font style="font:7.0pt 'Times New Roman'">&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0; </font><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:bold">Inspection of Books and Records</font><font style="font-family:'Times New Roman'; font-size:12pt">.&#160; Owner shall have the right, upon prior reasonable notice to Manager, to inspect Manager's books and recor</font><font style="font-family:'Times New Roman'; font-size:12pt">ds with respect to the Property, to assure that proper fees and charges are assessed hereunder.&#160; Manager shall cooperate with any such inspection.&#160; Owner shall bear the cost of any such inspection; provided, however, that if it is clearly demonstrated that</font><font style="font-family:'Times New Roman'; font-size:12pt"> Manager has overcharged Owner by more than 5% in any given quarter and such overcharge was not caused in whole pr part by Owner, the cost of such inspection shall be borne by Manager. Manager shall promptly reimburse Owner for any overpayment.</font></p>
            <p style="margin:0pt 0pt 12pt 72pt; text-indent:-36pt; text-align:justify; page-break-after:avoid"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:normal; font-style:normal; font-variant:normal; text-decoration:none; text-transform:none">5.</font><font style="font:7.0pt 'Times New Roman'">&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0; </font><font style="font-family:'Times New Roman'; font-size:12pt; text-decoration:underline">Use of Trad</font><font style="font-family:'Times New Roman'; font-size:12pt; text-decoration:underline">emarks, Service Marks and Related Items.</font></p>
            <p style="margin:0pt 0pt 6pt; text-indent:72pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">Owner acknowledges the significant value of the &quot;U-Haul&quot; name in the operations of Owner's property and it is therefore understood and agreed that the name, trademark and service mark &quot;U-Haul&quot;, and related marks, sl</font><font style="font-family:'Times New Roman'; font-size:12pt">ogans, caricatures, designs and other trade or service items (the &quot;</font><font style="font-family:'Times New Roman'; font-size:12pt; text-decoration:underline">Manager Trade Marks</font><font style="font-family:'Times New Roman'; font-size:12pt">&quot;) shall be utilized for the non-exclusive benefit of Owner in the rental and operation of the Property, and in comparable operations elsewhere.&#160; It is further understood</font><font style="font-family:'Times New Roman'; font-size:12pt"> and agreed that this name and all such marks, slogans, caricatures, designs and other trade or service items shall remain and be at all times the property of Manager and its affiliates, and that, except as expressly provided in this Agreement, Owner shall</font><font style="font-family:'Times New Roman'; font-size:12pt"> have no right whatsoever therein.&#160; Owner agrees that during the term of this Agreement the sign faces at the property will have the name &quot;U-Haul.&quot;&#160; Upon termination of this Agreement at any time for any reason, all such use by and for the benefit of Owner</font><font style="font-family:'Times New Roman'; font-size:12pt"> of any such name, mark, slogan, caricature, design or other trade or service item in connection with the Property shall be terminated and any signs bearing any of the foregoing shall be removed from view and no longer used by Owner.&#160; In addition, upon ter</font><font style="font-family:'Times New Roman'; font-size:12pt">mination of this Agreement at any time for any reason, Owner shall not enter into any new leases of Property using the Manager lease form or use other forms prepared by Manager.&#160; It is understood and agreed that Manager will use and shall be unrestricted i</font><font style="font-family:'Times New Roman'; font-size:12pt">n its use of such name, mark, slogan, caricature, design or other trade or service item in the management and operation of other storage facilities both during and after the expiration or termination of the term of this Agreement.&#160; </font></p>
            <p style="margin:0pt 0pt 12pt 72pt; text-indent:-36pt; text-align:justify; page-break-after:avoid"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:normal; font-style:normal; font-variant:normal; text-decoration:none; text-transform:none">6.</font><font style="font:7.0pt 'Times New Roman'">&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0; </font><font style="font-family:'Times New Roman'; font-size:12pt; text-decoration:underline">Default; Termination.&#160; </font></p>
            <p style="margin:0pt 0pt 12pt; text-indent:72pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:normal; font-style:normal; text-decoration:none; text-transform:none">(a)</font><font style="font:7.0pt 'Times New Roman'">&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0; </font><font style="font-family:'Times New Roman'; font-size:12pt">Any material failure by Manager or Owner (a &quot;</font><font style="font-family:'Times New Roman'; font-size:12pt; text-decoration:underline">Defaulting Party</font><font style="font-family:'Times New Roman'; font-size:12pt">&quot;) to perform its respective duties or obligations hereunder (other than a default by Owner under Section 4 of this Agreement), which material failure is not cured within thirty (30) calendar da</font><font style="font-family:'Times New Roman'; font-size:12pt">ys after receipt of written notice of such failure from the non-defaulting party, shall constitute an event of default hereunder; provided, however, the foregoing shall not constitute an event of default hereunder in the event the Defaulting Party commence</font><font style="font-family:'Times New Roman'; font-size:12pt">s cure of such material failure within such thirty (30) day period and diligently prosecutes the cure of such material failure thereafter but in no event shall such extended cure period exceed ninety (90) days from the date of receipt by the non-defaulting</font><font style="font-family:'Times New Roman'; font-size:12pt"> party of written notice of such material default; provided further, however, that in the event such material failure constitutes a default under the terms of the Loan Documents and the cure period for such matter under the Loan Documents is shorter than t</font><font style="font-family:'Times New Roman'; font-size:12pt">he</font><a name="EDGAR_PAGE_END7"></a></p>
        <div class="footer" style="clear:both">
            <br>
            <p style="margin:0pt; text-align:center"><a name="EDGAR_HF_F_START_1"></a><font style="font-family:'CG Times'; font-size:10pt">7</font><a name="EDGAR_HF_F_END_2"></a></p>
            <br>
        </div>
        </div>
        <div style="page-break-before:always; clear:both;">
        <div class="header" style="clear:both">
            <br>
        </div>
            <p style="margin:0pt 0pt 12pt; ; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt"> </font><a name="EDGAR_PAGE_START8"></a><font style="font-family:'Times New Roman'; font-size:12pt">cure period specified herein, the cure period specified herein shall automatically shorten such that it shall match the cure period for such matter as specified under the Loan Documents. In addition, following notice to Manager of the existence of any s</font><font style="font-family:'Times New Roman'; font-size:12pt">uch material failure by Manager, Owner shall have the right to cure any such material failure by Manager, and any sums so expended in curing shall be owed by Manager to such curing party and may be offset against any sums owed to Manager under this Agreeme</font><font style="font-family:'Times New Roman'; font-size:12pt">nt.</font></p>
            <p style="margin:0pt 0pt 12pt; text-indent:72pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:normal; font-style:normal; text-decoration:none; text-transform:none">(b)</font><font style="font:7.0pt 'Times New Roman'">&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0; </font><font style="font-family:'Times New Roman'; font-size:12pt">Any material failure by Owner to perform its duties or obligations under Section 4, which material failure is not cured within ten (10) calendar days after receipt of written notice of such failure from Manager, shall constitute an event of default her</font><font style="font-family:'Times New Roman'; font-size:12pt">eunder.&#160; </font></p>
            <p style="margin:0pt 0pt 12pt; text-indent:72pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:normal; font-style:normal; text-decoration:none; text-transform:none">(c)</font><font style="font:7.0pt 'Times New Roman'">&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0; </font><font style="font-family:'Times New Roman'; font-size:12pt">Subject to the terms of the Loan Documents, either party hereto shall have&#160; the right to terminate this Agreement, without cause, by giving not less than ninety (90) days' written notice to the other party hereto, and with cause by giving not les</font><font style="font-family:'Times New Roman'; font-size:12pt">s than thirty (30) days written notice to the other party hereto, in both cases pursuant to Section 14 hereof.&#160;&#160; </font></p>
            <p style="margin:0pt 0pt 12pt; text-indent:72pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:normal; font-style:normal; text-decoration:none; text-transform:none">(d)</font><font style="font:7.0pt 'Times New Roman'">&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0; </font><font style="font-family:'Times New Roman'; font-size:12pt">Upon termination of this Agreement, (x) Manager shall promptly return to Owner all monies, books, records and other materials held by Manager </font><font style="font-family:'Times New Roman'; font-size:12pt">for or on behalf of Owner and shall otherwise cooperate with Owner to promote and ensure a smooth transition to the new manager and (y) Manager shall be entitled to receive its Management Fee and reimbursement of expenses through the effective date of such</font><font style="font-family:'Times New Roman'; font-size:12pt"> termination, including the reimbursement of any prepaid expenses for periods beyond the date of termination (such as Yellow Pages advertising).&#160;&#160;&#160; </font></p>
            <p style="margin:0pt 0pt 12pt 72pt; text-indent:-36pt; text-align:justify; page-break-after:avoid"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:normal; font-style:normal; font-variant:normal; text-decoration:none; text-transform:none">7.</font><font style="font:7.0pt 'Times New Roman'">&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0; </font><font style="font-family:'Times New Roman'; font-size:12pt; text-decoration:underline">Indemnification.&#160; </font></p>
            <p style="margin:0pt 0pt 6pt; text-indent:72pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">Manager hereby agrees to indemnify, defend and hold Owner, all persons and companies aff</font><font style="font-family:'Times New Roman'; font-size:12pt">iliated with Owner, and all officers, shareholders, directors, employees and agents of Owner and of any affiliated companies or persons (collectively, the &quot;Indemnified Persons&quot;) harmless from any and all costs, expenses, attorneys' fees, suits, liabilities</font><font style="font-family:'Times New Roman'; font-size:12pt">, judgments, damages, and claims in connection with the management of the Property and operations thereon (including the loss of use thereof following any damage, injury or destruction), arising from any cause or matter whatsoever, including, without limit</font><font style="font-family:'Times New Roman'; font-size:12pt">ation, any environmental condition or matter caused by Manager&#8217;s operation of the Property, except to the extent attributable to the willful misconduct or negligence on the part of the Indemnified Persons. </font></p>
            <p style="margin:0pt 0pt 12pt 72pt; text-indent:-36pt; text-align:justify; page-break-after:avoid"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:normal; font-style:normal; font-variant:normal; text-decoration:none; text-transform:none">8.</font><font style="font:7.0pt 'Times New Roman'">&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0; </font><font style="font-family:'Times New Roman'; font-size:12pt; text-decoration:underline">Assignment.&#160; </font></p>
            <p style="margin:0pt 0pt 6pt; text-indent:72pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">Manager shall not assign this Agree</font><font style="font-family:'Times New Roman'; font-size:12pt">ment, or any portion hereof of the duties hereunder, to any party without the consent of Owner.</font></p>
            <p style="margin:0pt 0pt 12pt 72pt; text-indent:-36pt; text-align:justify; page-break-after:avoid"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:normal; font-style:normal; font-variant:normal; text-decoration:none; text-transform:none">9.</font><font style="font:7.0pt 'Times New Roman'">&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0; </font><font style="font-family:'Times New Roman'; font-size:12pt; text-decoration:underline">Standard for Property Manager's Responsibility.</font></p>
            <p style="margin:0pt 0pt 6pt; text-indent:72pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">Manager agrees that it will perform its obligations hereunder according to industry standards, in good faith, and in a commercially reasonable manner.&#160; </font></p>
            <p style="margin:0pt 0pt 12pt 72pt; text-indent:-36pt; text-align:justify; page-break-after:avoid"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:normal; font-style:normal; font-variant:normal; text-decoration:none; text-transform:none">10.</font><font style="font:7.0pt 'Times New Roman'">&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0; </font><font style="font-family:'Times New Roman'; font-size:12pt; text-decoration:underline">Estoppel Certificate.&#160; </font></p>
            <p style="margin:0pt 0pt 6pt; text-indent:72pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">Each of Owner and Manager agree to execute and deliver to one another, from tim</font><font style="font-family:'Times New Roman'; font-size:12pt">e to time, within ten (10) business days of the requesting party's request, a statement in</font><a name="EDGAR_PAGE_END8"></a></p>
        <div class="footer" style="clear:both">
            <br>
            <p style="margin:0pt; text-align:center"><a name="EDGAR_HF_F_START_1"></a><font style="font-family:'CG Times'; font-size:10pt">8</font><a name="EDGAR_HF_F_END_2"></a></p>
            <br>
        </div>
        </div>
        <div style="page-break-before:always; clear:both;">
        <div class="header" style="clear:both">
            <br>
        </div>
            <p style="margin:0pt 0pt 6pt; ; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt"> </font><a name="EDGAR_PAGE_START9"></a><font style="font-family:'Times New Roman'; font-size:12pt">writing certifying, to the extent true, that this Agreement is in full force and effect, and acknowledging that there are not, to such parties knowledge, any uncured</font><font style="font-family:'Times New Roman'; font-size:12pt"> defaults or specifying such defaults if they are claimed and any such other matters as may be reasonably requested by such requesting party.</font></p>
            <p style="margin:0pt 0pt 12pt 72pt; text-indent:-36pt; text-align:justify; page-break-after:avoid"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:normal; font-style:normal; font-variant:normal; text-decoration:none; text-transform:none">11.</font><font style="font:7.0pt 'Times New Roman'">&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0; </font><font style="font-family:'Times New Roman'; font-size:12pt; text-decoration:underline">Term; Scope.</font></p>
            <p style="margin:0pt 0pt 6pt; text-indent:72pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">Subject to the provisions hereof, this Agreement shall have an initial term (such term, as extended o</font><font style="font-family:'Times New Roman'; font-size:12pt">r renewed in accordance with the provisions hereof, being called the &quot;</font><font style="font-family:'Times New Roman'; font-size:12pt; text-decoration:underline">Term</font><font style="font-family:'Times New Roman'; font-size:12pt">&quot;) commencing on the date hereof (the &quot;</font><font style="font-family:'Times New Roman'; font-size:12pt; text-decoration:underline">Commencement Date</font><font style="font-family:'Times New Roman'; font-size:12pt">&quot;) and ending on the later of (i) the last day of the 300th calendar month next following the date hereof or (ii) the maturity</font><font style="font-family:'Times New Roman'; font-size:12pt"> date, repayment or prepayment of all amounts due to Lender pursuant to the applicable Loan Documents (the &quot;</font><font style="font-family:'Times New Roman'; font-size:12pt; text-decoration:underline">Expiration Date</font><font style="font-family:'Times New Roman'; font-size:12pt">&quot;); provided however, the parties shall have the right upon mutual agreement to terminate this Agreement with respect to any individu</font><font style="font-family:'Times New Roman'; font-size:12pt">al Property no longer securing amounts due Lender pursuant to the applicable Loan Documents (for instance due to a significant casualty or condemnation of such Property).&#160;&#160;&#160;&#160;&#160; </font></p>
            <p style="margin:0pt 0pt 12pt 72pt; text-indent:-36pt; text-align:justify; page-break-after:avoid"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:normal; font-style:normal; font-variant:normal; text-decoration:none; text-transform:none">12.</font><font style="font:7.0pt 'Times New Roman'">&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0; </font><font style="font-family:'Times New Roman'; font-size:12pt; text-decoration:underline">Headings.</font></p>
            <p style="margin:0pt 0pt 6pt; text-indent:72pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">The headings contained herein are for convenience of reference only a</font><font style="font-family:'Times New Roman'; font-size:12pt">nd are not intended to define, limit or describe the scope or intent of any provision of this Agreement.</font></p>
            <p style="margin:0pt 0pt 12pt 72pt; text-indent:-36pt; text-align:justify; page-break-after:avoid"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:normal; font-style:normal; font-variant:normal; text-decoration:none; text-transform:none">13.</font><font style="font:7.0pt 'Times New Roman'">&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0; </font><font style="font-family:'Times New Roman'; font-size:12pt; text-decoration:underline">Governing Law.</font></p>
            <p style="margin:0pt 0pt 6pt; text-indent:72pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">The validity of this Agreement, the construction of its terms and the interpretation of the rights and duties of the parties shall be go</font><font style="font-family:'Times New Roman'; font-size:12pt">verned by the internal laws of the State of </font><font style="font-family:'Times New Roman'; font-size:12pt">Nevada</font><font style="font-family:'Times New Roman'; font-size:12pt">.</font></p>
            <p style="margin:0pt 0pt 12pt 72pt; text-indent:-36pt; text-align:justify; page-break-after:avoid"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:normal; font-style:normal; font-variant:normal; text-decoration:none; text-transform:none">14.</font><font style="font:7.0pt 'Times New Roman'">&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0; </font><font style="font-family:'Times New Roman'; font-size:12pt; text-decoration:underline">Notices.</font></p>
            <p style="margin:0pt"><font style="font-family:'Times New Roman'; font-size:12pt">Any notice required or permitted herein shall be in writing and shall be personally delivered or mailed first class postage prepaid or delivered by an overnight delivery service to the respective</font><font style="font-family:'Times New Roman'; font-size:12pt"> addresses of the parties set forth above on the first page of this Agreement, or to such other address as any party may give&#160; to the other in writing.&#160; Any notice required by this Agreement will be deemed to have been given when personally served or one d</font><font style="font-family:'Times New Roman'; font-size:12pt">ay after delivery to an overnight delivery service or five days after deposit in the first class mail. Any notice to Owner shall be to the attention of c/o SAC Holding Corporation, 1250 E. Missouri, </font><font style="font-family:'Times New Roman'; font-size:12pt">Phoenix</font><font style="font-family:'Times New Roman'; font-size:12pt">, </font><font style="font-family:'Times New Roman'; font-size:12pt">AZ</font><font style="font-family:'Times New Roman'; font-size:12pt">&#160; </font><font style="font-family:'Times New Roman'; font-size:12pt">85014</font><font style="font-family:'Times New Roman'; font-size:12pt">, Attn:&#160; Secretary. Any notice to Manag</font><font style="font-family:'Times New Roman'; font-size:12pt">er shall be to the attention of c/o U-Haul International, Inc., </font><font style="font-family:'Times New Roman'; font-size:12pt">2721 North Central Avenue</font><font style="font-family:'Times New Roman'; font-size:12pt">, </font><font style="font-family:'Times New Roman'; font-size:12pt">Phoenix</font><font style="font-family:'Times New Roman'; font-size:12pt">, </font><font style="font-family:'Times New Roman'; font-size:12pt">AZ</font><font style="font-family:'Times New Roman'; font-size:12pt"> </font><font style="font-family:'Times New Roman'; font-size:12pt">85004</font><font style="font-family:'Times New Roman'; font-size:12pt">, Attn:&#160; Chief Financial Officer.</font></p>
            <p style="margin:0pt"><font style="font-family:'Times New Roman'; font-size:12pt">&#xa0;</font></p>
            <p style="margin:0pt 0pt 12pt 72pt; text-indent:-36pt; text-align:justify; page-break-after:avoid"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:normal; font-style:normal; font-variant:normal; text-decoration:none; text-transform:none">15.</font><font style="font:7.0pt 'Times New Roman'">&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0; </font><font style="font-family:'Times New Roman'; font-size:12pt; text-decoration:underline">Severability.</font></p>
            <p style="margin:0pt 0pt 6pt; text-indent:72pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">Should any term or provision hereof be deemed invalid, void or unenforceable either in its entirety</font><font style="font-family:'Times New Roman'; font-size:12pt"> or in a particular application, the remainder of this Agreement shall nonetheless remain in full force and effect and, if the subject term or provision is deemed to be invalid, void or unenforceable only with respect to a particular application, such term</font><font style="font-family:'Times New Roman'; font-size:12pt"> or provision shall remain in full force and effect with respect to all other applications.</font><a name="EDGAR_PAGE_END9"></a></p>
        <div class="footer" style="clear:both">
            <br>
            <p style="margin:0pt; text-align:center"><a name="EDGAR_HF_F_START_1"></a><font style="font-family:'CG Times'; font-size:10pt">9</font><a name="EDGAR_HF_F_END_2"></a></p>
            <br>
        </div>
        </div>
        <div style="page-break-before:always; clear:both;">
        <div class="header" style="clear:both">
            <br>
        </div>
            <p style="margin:0pt 0pt 12pt 72pt; text-indent:-36pt; text-align:justify; page-break-after:avoid"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:normal; font-style:normal; font-variant:normal; text-decoration:none; text-transform:none">16.</font><font style="font:7.0pt 'Times New Roman'">&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0; </font><a name="EDGAR_PAGE_START10"></a><font style="font-family:'Times New Roman'; font-size:12pt; text-decoration:underline">Successors.</font></p>
            <p style="margin:0pt 0pt 6pt; text-indent:72pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">This Agreement shall be binding upon and inure to the benefit of the respective parties hereto and their permitted assigns and successors in interest.</font></p>
            <p style="margin:0pt 0pt 12pt 72pt; text-indent:-36pt; text-align:justify; page-break-after:avoid"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:normal; font-style:normal; font-variant:normal; text-decoration:none; text-transform:none">17.</font><font style="font:7.0pt 'Times New Roman'">&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0; </font><font style="font-family:'Times New Roman'; font-size:12pt; text-decoration:underline">A</font><font style="font-family:'Times New Roman'; font-size:12pt; text-decoration:underline">ttorneys' Fees.</font></p>
            <p style="margin:0pt 0pt 6pt; text-indent:72pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">If it shall become necessary for any party hereto to engage attorneys to institute legal action for the purpose of enforcing their respective rights hereunder or for the purpose of defending legal action brought by the other party hereto, t</font><font style="font-family:'Times New Roman'; font-size:12pt">he party or parties prevailing in such litigation shall be entitled to receive all costs, expenses and fees (including reasonable attorneys' fees) incurred by it in such litigation (including appeals).</font></p>
            <p style="margin:0pt 0pt 6pt; text-indent:36pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">18.</font><font style="font-family:'Times New Roman'; font-size:12pt; text-decoration:underline">Counterparts</font><font style="font-family:'Times New Roman'; font-size:12pt">.</font></p>
            <p style="margin:0pt 0pt 6pt; text-indent:72pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">This Agreement may be executed in </font><font style="font-family:'Times New Roman'; font-size:12pt">one or more counterparts, each of which shall be deemed an original, but all of which together shall constitute one and the same instrument.</font></p>
            <p style="margin:0pt 0pt 12pt 72pt; text-indent:-36pt; text-align:justify; page-break-after:avoid"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:normal; font-style:normal; font-variant:normal; text-decoration:none; text-transform:none">19.</font><font style="font:7.0pt 'Times New Roman'">&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0; </font><font style="font-family:'Times New Roman'; font-size:12pt; text-decoration:underline">Termination of Prior Agreement</font></p>
            <p style="margin:0pt 0pt 6pt; text-indent:72pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">This Agreement operates to terminate any prior property management agreement among O</font><font style="font-family:'Times New Roman'; font-size:12pt">wner and U-Haul with respect to the Property.&#160; The property management relationship among Owner and U-Haul with respect to the Property is restated as of the date hereof,&#160; as provided in this Agreement.&#160;&#160; </font></p>
            <p style="margin:0pt 0pt 6pt; text-indent:72pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">&#xa0;</font></p>
            <p style="margin:0pt 0pt 12pt 72pt; text-indent:-36pt; text-align:justify; page-break-after:avoid"><font style="font-family:'Times New Roman'; font-size:12pt">&#xa0;</font></p>
            <p style="margin:0pt 0pt 6pt; text-indent:72pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">&#xa0;</font></p>
            <p style="margin:0pt 0pt 6pt; text-indent:72pt; text-align:justify"><br style=" clear:both" /><a name="EDGAR_PAGE_END10"></a></p>
        <div class="footer" style="clear:both">
            <br>
            <p style="margin:0pt; text-align:center"><a name="EDGAR_HF_F_START_1"></a><font style="font-family:'CG Times'; font-size:10pt">10</font><a name="EDGAR_HF_F_END_2"></a></p>
            <br>
        </div>
        </div>
        <div style="page-break-before:always; clear:both;">
        <div class="header" style="clear:both">
            <br>
        </div>
            <p style="margin:0pt 0pt 6pt; text-indent:72pt; text-align:justify"><a name="EDGAR_PAGE_START11"></a><font style="font-family:'Times New Roman'; font-size:12pt">IN WITNESS WHEREOF, the undersigned execute </font><font style="font-family:'Times New Roman'; font-size:12pt">this Agreement as of the date set forth above.</font></p>
            <p style="margin:0pt 0pt 6pt; text-indent:72pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">&#xa0;</font></p>
            <p style="margin:0pt 0pt 6pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt; text-decoration:underline">Owner</font><font style="font-family:'Times New Roman'; font-size:12pt">:</font></p>
            <p style="margin:0pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">Three-B&#160; SAC Self-Storage Limited Partnership, </font></p>
            <p style="margin:0pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">a </font><font style="font-family:'Times New Roman'; font-size:12pt">Nevada</font><font style="font-family:'Times New Roman'; font-size:12pt"> limited partnership</font></p>
            <p style="margin:0pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">&#xa0;</font></p>
            <p style="margin:0pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">By: Three-B&#160; SAC Self-Storage GP Corporation, </font></p>
            <p style="margin:0pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">Its General Partner</font></p>
            <p style="margin:0pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">&#xa0;</font></p>
            <p style="margin:0pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">By: __________________________________</font></p>
            <p style="margin:0pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">Bruce Brock</font><font style="font-family:'Times New Roman'; font-size:12pt">hagen, Secretary</font></p>
            <p style="margin:0pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">&#xa0;</font></p>
            <p style="margin:0pt 0pt 6pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">&#xa0;</font></p>
            <p style="margin:0pt 0pt 6pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">&#xa0;</font></p>
            <p style="margin:0pt 0pt 6pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt; text-decoration:underline">Manager</font><font style="font-family:'Times New Roman'; font-size:12pt">:</font></p>
            <table cellspacing="0" cellpadding="0" style="border-collapse:collapse; margin-left:0pt; width:221.25pt">
                <tr style="height:12.75pt">
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-left-color:#000000; border-left-style:solid; border-left-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; border-top-color:#000000; border-top-style:solid; border-top-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:221.25pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">U-Haul Co. of Alabama, Inc.</font></p>
                    </td>
                </tr>
                <tr style="height:12.75pt">
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-left-color:#000000; border-left-style:solid; border-left-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:221.25pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">U-Haul Co. of Florida</font></p>
                    </td>
                </tr>
                <tr style="height:12.75pt">
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-left-color:#000000; border-left-style:solid; border-left-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:221.25pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">U-Haul Co. of Georgia</font></p>
                    </td>
                </tr>
                <tr style="height:12.75pt">
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-left-color:#000000; border-left-style:solid; border-left-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:221.25pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">U-Haul Co. of Illinois, Inc.</font></p>
                    </td>
                </tr>
                <tr style="height:12.75pt">
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-left-color:#000000; border-left-style:solid; border-left-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:221.25pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">U-Haul Co. of Maryland, Inc.</font></p>
                    </td>
                </tr>
                <tr style="height:12.75pt">
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-left-color:#000000; border-left-style:solid; border-left-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:221.25pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">U-Haul Co. of Massachusetts and Ohio, Inc.</font></p>
                    </td>
                </tr>
                <tr style="height:12.75pt">
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-left-color:#000000; border-left-style:solid; border-left-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:221.25pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">U-Haul Co. of New Jersey, Inc.</font></p>
                    </td>
                </tr>
                <tr style="height:12.75pt">
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-left-color:#000000; border-left-style:solid; border-left-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:221.25pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">U-Haul Co. of </font><font style="font-family:Arial; font-size:10pt">Massachusetts and Ohio, Inc.</font></p>
                    </td>
                </tr>
                <tr style="height:12.75pt">
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-left-color:#000000; border-left-style:solid; border-left-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:221.25pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">U-Haul Co. of Oklahoma, Inc.</font></p>
                    </td>
                </tr>
                <tr style="height:12.75pt">
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-left-color:#000000; border-left-style:solid; border-left-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:221.25pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">U-Haul Co. of Tennessee</font></p>
                    </td>
                </tr>
                <tr style="height:12.75pt">
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-left-color:#000000; border-left-style:solid; border-left-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:221.25pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">U-Haul Co. of Texas</font></p>
                    </td>
                </tr>
                <tr style="height:12.75pt">
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-left-color:#000000; border-left-style:solid; border-left-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:221.25pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">U-Haul Co. of Virginia</font></p>
                    </td>
                </tr>
            </table>
            <p style="margin:0pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">&#xa0;</font></p>
            <p style="margin:0pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">By: ____________________________________</font></p>
            <p style="margin:0pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">Gary B. Horton, Treasurer</font></p>
            <p style="margin:0pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">&#xa0;</font></p>
            <p style="margin:0pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">&#xa0;</font></p>
            <p style="margin:0pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">With respect to Section 2(k) herein, U-Haul Internati</font><font style="font-family:'Times New Roman'; font-size:12pt">onal, Inc., a Nevada corporation, hereby executes this Agreement and guarantees Manager&#8217;s obligations under said Section 2(k).</font></p>
            <p style="margin:0pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">&#xa0;</font></p>
            <p style="margin:0pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">U-Haul International, Inc.</font></p>
            <p style="margin:0pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">&#xa0;</font></p>
            <p style="margin:0pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">By: _____________________________________</font></p>
            <p style="margin:0pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">Gary B. Horton, Treasurer&#160; </font></p>
            <p style="margin:0pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">&#xa0;</font></p>
            <p style="margin:0pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">&#xa0;</font></p>
            <p style="margin:0pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">&#xa0;</font></p>
        <div class="footer" style="clear:both">
            <br>
            <p style="margin:0pt; text-align:center"><a name="EDGAR_HF_F_START_1"></a><font style="font-family:'CG Times'; font-size:10pt">11</font><a name="EDGAR_HF_F_END_2"></a></p>
            <br>
        </div>
        </div>
        <div style="page-break-before:always; clear:both;">
        <div class="header" style="clear:both">
            <br>
        </div>
            <p style="margin:0pt 0pt 6pt; ; text-align:center"><a name="EDGAR_PAGE_START12"></a><font style="font-family:'Times New Roman'; font-size:12pt">Exhibit A</font></p>
            <p style="margin:0pt 0pt 6pt; text-indent:72pt; text-align:center"><font style="font-family:'Times New Roman'; font-size:12pt">&#xa0;</font></p>
            <p style="margin:0pt 0pt 6pt; text-indent:72pt; text-align:center"><font style="font-family:'Times New Roman'; font-size:12pt">List of </font><font style="font-family:'Times New Roman'; font-size:12pt">Properties</font></p>
            <p style="margin:0pt 0pt 6pt; text-indent:72pt; text-align:center"><font style="font-family:'Times New Roman'; font-size:12pt">&#xa0;</font></p>
            <table cellspacing="0" cellpadding="0" style="border-collapse:collapse; margin-left:0pt; width:451.8pt">
                <tr style="height:12.75pt">
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-left-color:#000000; border-left-style:solid; border-left-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; border-top-color:#000000; border-top-style:solid; border-top-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:44.2pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">884001</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; border-top-color:#000000; border-top-style:solid; border-top-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:132.05pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">U-Haul Moving &amp; Storage at Sparkman Dr</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; border-top-color:#000000; border-top-style:solid; border-top-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:99pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">1903 Sparkman Dr</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; border-top-color:#000000; border-top-style:solid; border-top-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:112.5pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">HUNTSVILLE</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; border-top-color:#000000; border-top-style:solid; border-top-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:27pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">A</font><font style="font-family:Arial; font-size:10pt">L</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; border-top-color:#000000; border-top-style:solid; border-top-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:37.05pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">35816</font></p>
                    </td>
                </tr>
                <tr style="height:12.75pt">
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-left-color:#000000; border-left-style:solid; border-left-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:44.2pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">883033</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:132.05pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">U-Haul Moving &amp; Storage of Debary</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:99pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">2861 Enterprise Rd</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:112.5pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">DEBARY</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:27pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">FL</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:37.05pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">32713</font></p>
                    </td>
                </tr>
                <tr style="height:12.75pt">
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-left-color:#000000; border-left-style:solid; border-left-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:44.2pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">883037</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:132.05pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">U-Haul Moving &amp; Storage at Park St</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:99pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">5200 Park St</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:112.5pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">SAINT PETERSBURG</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:27pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">FL</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:37.05pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">33709</font></p>
                    </td>
                </tr>
                <tr style="height:12.75pt">
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-left-color:#000000; border-left-style:solid; border-left-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:44.2pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">883068</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:132.05pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">U-Haul Moving &amp; Storage at 103rd St</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:99pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">6805 103rd St</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:112.5pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">JACKSONVILLE</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:27pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">FL</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:37.05pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">32210</font></p>
                    </td>
                </tr>
                <tr style="height:12.75pt">
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-left-color:#000000; border-left-style:solid; border-left-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:44.2pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">883076</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:132.05pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">U-Haul Moving &amp; Storage of Port Richey</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:99pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">6209 US Hwy 19</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:112.5pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">NEW PORT RICHEY</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:27pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">FL</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:37.05pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">34652</font></p>
                    </td>
                </tr>
                <tr style="height:12.75pt">
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-left-color:#000000; border-left-style:solid; border-left-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:44.2pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">883029</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:132.05pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">U-Haul Moving &amp; Storage of Clarkston at Sams Rd</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:99pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">3605 Sams Rd</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:112.5pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">CLARKSTON</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:27pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">GA</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:37.05pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">30021</font></p>
                    </td>
                </tr>
                <tr style="height:12.75pt">
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-left-color:#000000; border-left-style:solid; border-left-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:44.2pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">739024</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:132.05pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">U-Haul Moving &amp; Storage of Hoffman Estates</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:99pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">2475 Pembroke Ave</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:112.5pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">HOFFMAN ESTATES</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:27pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">IL</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:37.05pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">60195</font></p>
                    </td>
                </tr>
                <tr style="height:12.75pt">
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-left-color:#000000; border-left-style:solid; border-left-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:44.2pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">883093</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:132.05pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">U-Haul Moving &amp; Storage of Airpark</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:99pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">7831 Beechcraft Ave</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:112.5pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">GAITHERSBURG</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:27pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">MD</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:37.05pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">20879</font></p>
                    </td>
                </tr>
                <tr style="height:12.75pt">
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-left-color:#000000; border-left-style:solid; border-left-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:44.2pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">883042</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:132.05pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">U-Haul Moving &amp; Storage of Hanover</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:99pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">49 Franks Ln</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:112.5pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">HANOVER</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:27pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">MA</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:37.05pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">02339</font></p>
                    </td>
                </tr>
                <tr style="height:12.75pt">
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-left-color:#000000; border-left-style:solid; border-left-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:44.2pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">883063</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:132.05pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">U-Haul Moving &amp; Storage of Apple Valley</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:99pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">800 High St</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:112.5pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">CLINTON</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:27pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">MA</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:37.05pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">01510</font></p>
                    </td>
                </tr>
                <tr style="height:12.75pt">
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-left-color:#000000; border-left-style:solid; border-left-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:44.2pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">883088</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:132.05pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">U-Haul Moving &amp; Storage of Clementon</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:99pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">270 White Horse Pike</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:112.5pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">CLEMENTON</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:27pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">NJ</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:37.05pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">08021</font></p>
                    </td>
                </tr>
                <tr style="height:12.75pt">
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-left-color:#000000; border-left-style:solid; border-left-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:44.2pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">883055</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:132.05pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">U-Haul Moving &amp; Storage of Beavercreek</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:99pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">1168 Old Mill Ln</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:112.5pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">BEAVERCREEK</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:27pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">OH</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:37.05pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">45432</font></p>
                    </td>
                </tr>
                <tr style="height:12.75pt">
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-left-color:#000000; border-left-style:solid; border-left-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:44.2pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">883014</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:132.05pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">U-Haul Moving &amp; Storage of Lincoln</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:99pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">2500 NE 36th St</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:112.5pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">OKLAHOMA CITY</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:27pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">OK</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:37.05pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">73111</font></p>
                    </td>
                </tr>
                <tr style="height:12.75pt">
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-left-color:#000000; border-left-style:solid; border-left-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:44.2pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">883059</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:132.05pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">U-Haul Moving &amp; Storage at Wilma Rudolph Blvd</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:99pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">2830 Wilma Rudolph Blvd</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:112.5pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">CLARKSVILLE</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:27pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">TN</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:37.05pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">37040</font></p>
                    </td>
                </tr>
                <tr style="height:12.75pt">
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-left-color:#000000; border-left-style:solid; border-left-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:44.2pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">883023</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:132.05pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">U-Haul Moving &amp; Storage of Pflugerville</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:99pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">1617 Three Points Rd</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:112.5pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">PFLUGERVILLE</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:27pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">TX</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:37.05pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">78660</font></p>
                    </td>
                </tr>
                <tr style="height:12.75pt">
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-left-color:#000000; border-left-style:solid; border-left-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:44.2pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">883047</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:132.05pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">U-Haul Moving &amp; Storage at Salem Turnpike</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:99pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">3434 Salem Trnpk</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:112.5pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">ROANOKE</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:27pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">VA</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:37.05pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">24017</font></p>
                    </td>
                </tr>
            </table>
            <p style="margin:0pt 0pt 6pt; text-indent:72pt; text-align:center"><a name="EDGAR_PAGE_END12"></a><a name="_GoBack"></a><font style="font-family:'Times New Roman'; font-size:12pt">&#xa0;</font></p>
        <div class="footer" style="clear:both">
            <br>
            <p style="margin:0pt; text-align:center"><a name="EDGAR_HF_F_START_1"></a><font style="font-family:'CG Times'; font-size:10pt">12</font><a name="EDGAR_HF_F_END_2"></a></p>
            <br>
        </div>
        </div>
    </body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-10.3
<SEQUENCE>4
<FILENAME>exhib103.htm
<DESCRIPTION>EXHIBIT 10.3 PMA THREE-C SAC
<TEXT>
<html>
    <head>
    </head>
    <body>
        <div style="clear:both;">
        <div class="header" style="clear:both">
            <br>
        </div>
            <p style="margin:0pt 43.2pt 12pt 36pt; text-align:center"><a name="EDGAR_PAGE_START1"></a><font style="font-family:'Times New Roman'; font-size:12pt; text-decoration:underline">RESTATED PROPERTY MANAGEMENT AGREEMENT</font></p>
            <p style="margin:0pt 0pt 6pt; text-indent:36pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">THIS RESTATED PROPERTY MANAGEMENT AGREEMENT (this &quot;</font><font style="font-family:'Times New Roman'; font-size:12pt; text-decoration:underline">Agreement</font><font style="font-family:'Times New Roman'; font-size:12pt">&quot;) is entered into as of October 1, 2013 among Three-C&#160; SAC Self-Storage Limited Partnership, a Nevada limited partnership (&quot;</font><font style="font-family:'Times New Roman'; font-size:12pt; text-decoration:underline">Owner</font><font style="font-family:'Times New Roman'; font-size:12pt">&quot;), and the subsidiaries </font><font style="font-family:'Times New Roman'; font-size:12pt">of U-Haul International, Inc. set forth on the signature block hereto (collectively or individually, as the case may be, &quot;</font><font style="font-family:'Times New Roman'; font-size:12pt; text-decoration:underline">Manager</font><font style="font-family:'Times New Roman'; font-size:12pt">&quot;).</font></p>
            <p style="margin:0pt 43.2pt 12pt 36pt; text-align:center"><font style="font-family:'Times New Roman'; font-size:12pt; text-decoration:underline">RECITALS</font></p>
            <p style="margin:0pt 4.5pt 0pt 0pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">A.</font><font style="font-family:'Times New Roman'; font-size:12pt">Owner owns the real property and all improvements thereon and appurtenances thereto located at the street addr</font><font style="font-family:'Times New Roman'; font-size:12pt">esses identified on Exhibit A hereto (hereinafter, collectively the &#8220;Property&#8221;).</font></p>
            <p style="margin:0pt 4.5pt 0pt 0pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">&#xa0;</font></p>
            <p style="margin:0pt 4.5pt 0pt 0pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">B.</font><font style="font-family:'Times New Roman'; font-size:12pt">Owner intends that the Property be rented on a space-by-space retail basis to corporations, partnerships, individuals and/or other entities for use as self-storage facili</font><font style="font-family:'Times New Roman'; font-size:12pt">ties.</font></p>
            <p style="margin:0pt 4.5pt 0pt 0pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">&#xa0;</font></p>
            <p style="margin:0pt 4.5pt 0pt 0pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">C.</font><font style="font-family:'Times New Roman'; font-size:12pt">Owner desires that Manager manage the Property and Manager desires to act as the property manager for the Property, all in accordance with the terms and conditions of this Agreement.</font></p>
            <p style="margin:0pt 4.5pt 0pt 0pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">&#xa0;</font></p>
            <p style="margin:0pt 4.5pt 0pt 0pt; text-align:justify"><font style="font-family:'CG Times'; font-size:12pt">NOW, THEREFORE, in consideration of the mutual covenants her</font><font style="font-family:'CG Times'; font-size:12pt">ein contained, the parties hereto hereby agree as follows.</font></p>
            <p style="margin:0pt 4.5pt 0pt 0pt; text-align:justify"><font style="font-family:'CG Times'; font-size:12pt">&#xa0;</font></p>
            <p style="margin:0pt 0pt 12pt 72pt; text-indent:-36pt; text-align:justify; page-break-after:avoid"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:normal; font-style:normal; font-variant:normal; text-decoration:none; text-transform:none">1.</font><font style="font:7.0pt 'Times New Roman'">&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0; </font><font style="font-family:'Times New Roman'; font-size:12pt; text-decoration:underline">Employment.</font></p>
            <p style="margin:0pt 0pt 12pt; text-indent:72pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:normal; font-style:normal; text-decoration:none; text-transform:none">(a)</font><font style="font:7.0pt 'Times New Roman'">&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0; </font><font style="font-family:'Times New Roman'; font-size:12pt">Owner hereby retains Manager, and Manager agrees to act as manager of the Property upon the terms and conditions hereinafter set forth.</font></p>
            <p style="margin:0pt 0pt 12pt; text-indent:72pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:normal; font-style:normal; text-decoration:none; text-transform:none">(b)</font><font style="font:7.0pt 'Times New Roman'">&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0; </font><font style="font-family:'Times New Roman'; font-size:12pt">Owner acknowledges that Manager, and/or Manager </font><font style="font-family:'Times New Roman'; font-size:12pt">affiliates, is in the business of managing self-storage facilities and businesses conducted thereat, including, but not limited to, the sale of packing supplies and rental of trucks and equipment, both for its own account and for the account of others.&#160; It</font><font style="font-family:'Times New Roman'; font-size:12pt"> is hereby expressly agreed that notwithstanding this Agreement, Manager and such affiliates may continue to engage in such activities, may manage facilities other than those presently managed by Manager and its affiliates (whether or not such other facili</font><font style="font-family:'Times New Roman'; font-size:12pt">ties may be in direct or indirect competition with Owner) and may in the future engage in other business which may compete directly or indirectly with activities of Owner.&#160; </font></p>
            <p style="margin:0pt 0pt 12pt; text-indent:72pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:normal; font-style:normal; text-decoration:none; text-transform:none">(c)</font><font style="font:7.0pt 'Times New Roman'">&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0; </font><font style="font-family:'Times New Roman'; font-size:12pt">In the performance of its duties under this Agreement, Manager shall occupy the po</font><font style="font-family:'Times New Roman'; font-size:12pt">sition of an independent contractor with respect to Owner.&#160; Nothing contained herein shall be construed as making the parties hereto (or any of them) partners or co-parties to a joint venture, nor construed as making Manager an employee of Owner.</font></p>
            <p style="margin:0pt 0pt 12pt 72pt; text-indent:-36pt; text-align:justify; page-break-after:avoid"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:normal; font-style:normal; font-variant:normal; text-decoration:none; text-transform:none">2.</font><font style="font:7.0pt 'Times New Roman'">&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0; </font><font style="font-family:'Times New Roman'; font-size:12pt; text-decoration:underline">Duties an</font><font style="font-family:'Times New Roman'; font-size:12pt; text-decoration:underline">d Authority of Manager.</font></p>
            <p style="margin:0pt 0pt 6pt; text-indent:72pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">Subject to the terms and conditions of this Agreement, on behalf of, and as agent of, the Owner:</font></p>
            <p style="margin:0pt 0pt 12pt; text-indent:72pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:normal; font-style:normal; text-decoration:none; text-transform:none">(a)</font><font style="font:7.0pt 'Times New Roman'">&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0; </font><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:bold">General Duties and Authority</font><font style="font-family:'Times New Roman'; font-size:12pt">.&#160; Manager shall have the sole and exclusive duty and authority to fully manage the Property and supervise </font><font style="font-family:'Times New Roman'; font-size:12pt">and direct the business</font><a name="EDGAR_PAGE_END1"></a></p>
        <div class="footer" style="clear:both">
            <br>
            <p style="margin:0pt; text-align:center"><a name="EDGAR_HF_F_START_1"></a><font style="font-family:'CG Times'; font-size:10pt"><!--1--></font><a name="EDGAR_HF_F_END_2"></a></p>
            <br>
        </div>
        </div>
        <div style="page-break-before:always; clear:both;">
        <div class="header" style="clear:both">
            <br>
        </div>
            <p style="margin:0pt 0pt 12pt; ; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt"> </font><a name="EDGAR_PAGE_START2"></a><font style="font-family:'Times New Roman'; font-size:12pt">and affairs associated or related to the daily operation thereof, to collect on behalf of Owner all revenues related to the Property, to pay on behalf of Owner all expenses of the Property, and to execute on behalf of Owner such doc</font><font style="font-family:'Times New Roman'; font-size:12pt">uments and instruments as, in the sole judgment of Manager, are reasonably necessary or advisable under the circumstances in order to fulfill Manager's duties hereunder.&#160; Such duties and authority shall include, without limitation, those set forth below.&#160; </font><font style="font-family:'Times New Roman'; font-size:12pt">Notwithstanding the foregoing or any other term or provision herein, upon notice to Manager, Owner shall have the right to assume responsibility for the direct payment of certain expenses of Owner, as may be determined by Owner.&#160; In such event, Owner shall</font><font style="font-family:'Times New Roman'; font-size:12pt"> provide an accounting of such costs to Manager.&#160; In the event Owner fails to provide such accounting to Manager, Manager shall assume no liability for nonpayment for such expenses so assumed by Owner.&#160;&#160; The parties acknowledge and agree that Owner will re</font><font style="font-family:'Times New Roman'; font-size:12pt">tain title to, ownership of, and exclusive right to control the Property, subject to the terms of this Agreement, and that portion of the Gross Revenue (as hereinafter defined) owned by Owner (&#8220;Owner&#8217;s Revenue&#8221;); and that Manager will not acquire title to,</font><font style="font-family:'Times New Roman'; font-size:12pt"> any interest in, or any income or revenues from the Property or Owner&#8217;s Revenue.&#160; For purposes of this Agreement, Owner&#8217;s Revenue consists of the revenue from storage operations, retail sales, miscellaneous income and the commissions (&#8220;U-Move Commissions&#8221;</font><font style="font-family:'Times New Roman'; font-size:12pt">) paid to Owner pursuant to the terms of that Dealership Contract between Owner and Manager dated as of the date hereof (the &#8220;Dealer Contract&#8221;), in each case with respect to the Property. In performing its services and making any payments hereunder, Manage</font><font style="font-family:'Times New Roman'; font-size:12pt">r will make known to third parties that Manager is acting solely as the agent of Owner.&#160; Under no circumstances will Manager represent or hold itself out to any third party as having any title to or property interest in the Property or Owner&#8217;s Revenue.&#160; </font></p>
            <p style="margin:0pt 0pt 12pt; text-indent:72pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:normal; font-style:normal; text-decoration:none; text-transform:none">(b)</font><font style="font:7.0pt 'Times New Roman'">&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0; </font><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:bold">R</font><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:bold">enting of the Property</font><font style="font-family:'Times New Roman'; font-size:12pt">.&#160; Manager shall establish policies and procedures for the marketing activities for the Property, and shall advertise the Property through such media as Manager deems advisable.&#160; Manager's marketing activities for the Property shall b</font><font style="font-family:'Times New Roman'; font-size:12pt">e consistent with the scope and quality implemented by Manager and its affiliates at any other properties operated by Manager or its affiliates.&#160; Manager shall have the sole discretion, which discretion shall be exercised in good faith, to establish the te</font><font style="font-family:'Times New Roman'; font-size:12pt">rms and conditions of occupancy by the tenants of the Property, and Manager is hereby authorized to enter into rental agreements on behalf and for the account of Owner with such tenants and to collect rent from such tenants on behalf and for the account of</font><font style="font-family:'Times New Roman'; font-size:12pt"> Owner. Manager may jointly advertise the Property with other properties owned or managed by Manager or its Affiliates, and in that event, Manager shall reasonably allocate the cost of such advertising among such properties.</font></p>
            <p style="margin:0pt 0pt 12pt; text-indent:72pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:normal; font-style:normal; text-decoration:none; text-transform:none">(c)</font><font style="font:7.0pt 'Times New Roman'">&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0; </font><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:bold">Repair, Maintenance and Improve</font><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:bold">ments</font><font style="font-family:'Times New Roman'; font-size:12pt">.&#160; Manager shall make, execute, supervise and have control over the making and executing of all decisions concerning the acquisition of furniture, fixtures and supplies for the Property, and may purchase, lease or otherwise acquire the same and which </font><font style="font-family:'Times New Roman'; font-size:12pt">items shall be owned by Manager.&#160; Manager shall make and execute, or supervise and have control over the making and executing of all decisions concerning the maintenance, repair and landscaping of the Property, provided, however, that such maintenance, rep</font><font style="font-family:'Times New Roman'; font-size:12pt">air and landscaping shall be consistent with the maintenance, repair and landscaping implemented by Manager and its affiliates at any other properties operated by Manager or its affiliates.&#160; Manager shall, on behalf of Owner, negotiate and contract for and</font><font style="font-family:'Times New Roman'; font-size:12pt"> supervise the installation of all capital improvements related to the Property; provided, however, that Manager agrees to secure the prior written approval of Owner on all such expenditures in excess of $10,000.00 for any one item, except monthly or recur</font><font style="font-family:'Times New Roman'; font-size:12pt">ring operating charges and/or</font><a name="EDGAR_PAGE_END2"></a></p>
        <div class="footer" style="clear:both">
            <br>
            <p style="margin:0pt; text-align:center"><a name="EDGAR_HF_F_START_1"></a><font style="font-family:'CG Times'; font-size:10pt">2</font><a name="EDGAR_HF_F_END_2"></a></p>
            <br>
        </div>
        </div>
        <div style="page-break-before:always; clear:both;">
        <div class="header" style="clear:both">
            <br>
        </div>
            <p style="margin:0pt 0pt 12pt; ; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt"> </font><a name="EDGAR_PAGE_START3"></a><font style="font-family:'Times New Roman'; font-size:12pt">emergency repairs if in the opinion of Manager such emergency repairs are necessary to protect the Property from damage or to maintain services to the Owner or any customers.&#160; In the event such emergency repairs exceed $10,000</font><font style="font-family:'Times New Roman'; font-size:12pt">, Manager shall notify Owner and the insurer as applicable of the cost estimate for such work.</font></p>
            <p style="margin:0pt 0pt 12pt; text-indent:72pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:normal; font-style:normal; text-decoration:none; text-transform:none">(d)</font><font style="font:7.0pt 'Times New Roman'">&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0; </font><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:bold">Personnel</font><font style="font-family:'Times New Roman'; font-size:12pt">.&#160; Manager shall select all vendors, suppliers, contractors, subcontractors and employees with respect to the Property and shall hire, discharge and sup</font><font style="font-family:'Times New Roman'; font-size:12pt">ervise all labor and employees required for the operation and maintenance of the Property.&#160; Any employees so hired shall be employees of Manager, and shall be carried on the payroll of Manager.&#160; Employees may include, but need not be limited to, on-site re</font><font style="font-family:'Times New Roman'; font-size:12pt">sident managers, on-site assistant managers, and relief managers located, rendering services, or performing activities on the Property in connection with its operation and management.&#160; The cost of employing such persons shall not exceed prevailing rates fo</font><font style="font-family:'Times New Roman'; font-size:12pt">r comparable persons performing the same or similar services with respect to real estate similar to the Property in the general vicinity of each respective Property.&#160; Manager shall be responsible for all legal and insurance requirements relating to its emp</font><font style="font-family:'Times New Roman'; font-size:12pt">loyees.</font></p>
            <p style="margin:0pt 0pt 12pt; text-indent:72pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:normal; font-style:normal; text-decoration:none; text-transform:none">(e)</font><font style="font:7.0pt 'Times New Roman'">&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0; </font><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:bold">Service Agreements</font><font style="font-family:'Times New Roman'; font-size:12pt">.&#160; Manager shall negotiate and execute on behalf of Owner such agreements which Manager deems necessary or advisable for the furnishing of utilities, services, concessions and supplies, for the maintenance, repair and operation of</font><font style="font-family:'Times New Roman'; font-size:12pt"> the Property and such other agreements which may benefit the Property or be incidental to the matters for which Manager is responsible hereunder.</font></p>
            <p style="margin:0pt 0pt 12pt; text-indent:72pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:normal; font-style:normal; text-decoration:none; text-transform:none">(f)</font><font style="font:7.0pt 'Times New Roman'">&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0; </font><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:bold">Other Decisions</font><font style="font-family:'Times New Roman'; font-size:12pt">.&#160; Manager shall make the decisions in connection with the day-to-day operations of the Proper</font><font style="font-family:'Times New Roman'; font-size:12pt">ty.</font></p>
            <p style="margin:0pt 0pt 12pt; text-indent:72pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:normal; font-style:normal; text-decoration:none; text-transform:none">(g)</font><font style="font:7.0pt 'Times New Roman'">&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0; </font><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:bold">Regulations and Permits</font><font style="font-family:'Times New Roman'; font-size:12pt">.&#160; Manager shall comply in all respects with any statute, ordinance, law, rule, regulation or order of any governmental or regulatory body pertaining to the Property (collectively, &quot;Laws&quot;), respecting the use of the Property or t</font><font style="font-family:'Times New Roman'; font-size:12pt">he maintenance or operation thereof, the non-compliance with which could reasonably be expected to have a material adverse effect on Owner or any Property.&#160; Manager shall apply for and obtain and maintain, on behalf of Owner, all licenses and permits requi</font><font style="font-family:'Times New Roman'; font-size:12pt">red or advisable (in the reasonable judgment of Manager) in connection with the management and operation of the Property.&#160; Notwithstanding the foregoing, Manager shall be permitted to contest any Applicable Laws to the extent and pursuant to the same condi</font><font style="font-family:'Times New Roman'; font-size:12pt">tions that Owner is permitted to contest any Laws.&#160; To the extent that Manager does not comply, Manager will be responsible for the costs and penalties incurred as a result of the non-compliance.</font></p>
            <p style="margin:0pt 0pt 12pt; text-indent:72pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:normal; font-style:normal; text-decoration:none; text-transform:none">(h)</font><font style="font:7.0pt 'Times New Roman'">&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0; </font><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:bold">Records and Reports of Disbursements and Collections</font><font style="font-family:'Times New Roman'; font-size:12pt">.&#160; Manag</font><font style="font-family:'Times New Roman'; font-size:12pt">er shall establish, supervise, direct and maintain the operation of a system of cash record keeping and bookkeeping with respect to all receipts and disbursements and all business activities and operations conducted by Manager in connection with the manage</font><font style="font-family:'Times New Roman'; font-size:12pt">ment and operation of the Property.&#160; Manager shall be responsible for cash shortages and discrepancies incurred in the normal course of management operations.&#160; The books, records and accounts shall be maintained at the Manager's office or at Owner's office</font><font style="font-family:'Times New Roman'; font-size:12pt">, or at such other location as Manager and Owner shall determine, and shall be available and open to examination and audit quarterly by Owner, its representatives, its lenders and administrative and collateral agents on behalf of lenders, if any</font><a name="EDGAR_PAGE_END3"></a></p>
        <div class="footer" style="clear:both">
            <br>
            <p style="margin:0pt; text-align:center"><a name="EDGAR_HF_F_START_1"></a><font style="font-family:'CG Times'; font-size:10pt">3</font><a name="EDGAR_HF_F_END_2"></a></p>
            <br>
        </div>
        </div>
        <div style="page-break-before:always; clear:both;">
        <div class="header" style="clear:both">
            <br>
        </div>
            <p style="margin:0pt 0pt 12pt; ; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt"> </font><a name="EDGAR_PAGE_START4"></a><font style="font-family:'Times New Roman'; font-size:12pt">(collectiv</font><font style="font-family:'Times New Roman'; font-size:12pt">ely, &#8220;Lender&#8221;), and as provided by Owner, and, subject to any mortgagee of the Property, and such mortgagee's representative.&#160; Manager shall cause to be prepared and delivered to Owner and, if Owner fails to provide such information to Lender pursuant to t</font><font style="font-family:'Times New Roman'; font-size:12pt">he Loan Documents, to Lender, a monthly statement on a per-Property basis, of receipts, expenses and charges, and any other information as reasonably required by Owner to prepare its financials statements, together with a statement, on a per-Property basis</font><font style="font-family:'Times New Roman'; font-size:12pt">, of the disbursements made by Manager during such period on Owner's behalf, which shall include separate lines for prepaid items and inventory.&#160; Manager shall provide Owner with rent rolls and occupancy reports if requested.</font></p>
            <p style="margin:0pt 0pt 12pt; text-indent:72pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:normal; font-style:normal; text-decoration:none; text-transform:none">(i)</font><font style="font:7.0pt 'Times New Roman'">&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0; </font><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:bold">Collection</font><font style="font-family:'Times New Roman'; font-size:12pt">.&#160; Manager shall be </font><font style="font-family:'Times New Roman'; font-size:12pt">responsible for the billing and collection of all receipts and for payment of all expenses with respect to the Property and shall be responsible for establishing policies and procedures to minimize the amount of bad debts. Bad debt incurred as a result of </font><font style="font-family:'Times New Roman'; font-size:12pt">non compliance with management policies and procedures (such as improper verifications or acceptance of bad credit cards or bad checks) will be the responsibility of Manager.&#160; </font></p>
            <p style="margin:0pt 0pt 12pt; text-indent:72pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:normal; font-style:normal; text-decoration:none; text-transform:none">(j)</font><font style="font:7.0pt 'Times New Roman'">&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0; </font><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:bold">Legal Actions</font><font style="font-family:'Times New Roman'; font-size:12pt">.&#160; Manager shall cause to be instituted, on behalf and in its name</font><font style="font-family:'Times New Roman'; font-size:12pt"> or in the name of Owner as appropriate, any and all legal actions or proceedings Manager deems necessary or advisable in connection with the Property, including, without limitation, to collect charges, rent or other income due to Owner with respect to the</font><font style="font-family:'Times New Roman'; font-size:12pt"> Property and to oust or dispossess tenants where appropriate or other persons unlawfully in possession under any lease, license, concession agreement or otherwise, and to collect damages for breach thereof or default thereunder by such Owner, licensee, co</font><font style="font-family:'Times New Roman'; font-size:12pt">ncessionaire or occupant.</font></p>
            <p style="margin:0pt 0pt 12pt; text-indent:72pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:normal; font-style:normal; text-decoration:none; text-transform:none">(k)</font><font style="font:7.0pt 'Times New Roman'">&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0; </font><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:bold">Insurance</font><font style="font-family:'Times New Roman'; font-size:12pt">.&#160; Manager will insure, on its Master Policy, against all liabilities at the Property at Manager&#8217;s sole cost and expense (&#8220;General Liability Insurance&#8221;). Any deductibles or self-insured retentions with respect to the Gene</font><font style="font-family:'Times New Roman'; font-size:12pt">ral Liability Insurance shall be at Manager&#8217;s (or Manager&#8217;s U-Haul affiliates&#8217;) responsibility and sole cost and expense.&#160;&#160; Manager will insure equipment at Manager&#8217;s cost, as determined by Manager.&#160; If requested by Owner, Manager will obtain for Owner, at</font><font style="font-family:'Times New Roman'; font-size:12pt"> Owner&#8217;s sole cost and expense, a policy of property insurance (&#8220;Property and Casualty Insurance&#8221;).&#160; Any such Property &amp; Casualty Insurance shall meet Lender&#8217;s required coverage, to include earthquake, flood and other Lender requirements, as the case may b</font><font style="font-family:'Times New Roman'; font-size:12pt">e, and shall be the cost of Owner.&#160; Manager&#8217;s obligations under this Section 2(k) shall be guaranteed by U-Haul International, Inc.&#160; </font></p>
            <p style="margin:0pt 0pt 12pt; text-indent:72pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:normal; font-style:normal; text-decoration:none; text-transform:none">(l)</font><font style="font:7.0pt 'Times New Roman'">&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0; </font><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:bold">Taxes</font><font style="font-family:'Times New Roman'; font-size:12pt">.&#160; During the term of this Agreement, Manager shall pay on behalf of Owner, prior to delinquency, real estate taxes, </font><font style="font-family:'Times New Roman'; font-size:12pt">personal property taxes, and other taxes assessed to, or levied upon, the Property, but only in the event requested by Owner.&#160; If requested, Manager will charge to Owner an expense monthly equal to 1/12 of annual- real property taxes.</font></p>
            <p style="margin:0pt 0pt 12pt; text-indent:72pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:normal; font-style:normal; text-decoration:none; text-transform:none">(m)</font><font style="font:7.0pt 'Times New Roman'">&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0; </font><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:bold">Limitations on Manage</font><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:bold">r Authority</font><font style="font-family:'Times New Roman'; font-size:12pt">.&#160; Notwithstanding anything to the contrary set forth in this Section 2, Manager shall not, without obtaining the prior written consent of Owner, (i) rent storage space in the Property by written lease or agreement for a stated term in excess of</font><font style="font-family:'Times New Roman'; font-size:12pt"> one year unless such lease or agreement is terminable by the giving of not more than thirty (30) days written notice, (ii) alter the building or other structures of the Property in violation of loan documents executed by Owner in connection with the Prope</font><font style="font-family:'Times New Roman'; font-size:12pt">rty (&#8220;Loan</font><a name="EDGAR_PAGE_END4"></a></p>
        <div class="footer" style="clear:both">
            <br>
            <p style="margin:0pt; text-align:center"><a name="EDGAR_HF_F_START_1"></a><font style="font-family:'CG Times'; font-size:10pt">4</font><a name="EDGAR_HF_F_END_2"></a></p>
            <br>
        </div>
        </div>
        <div style="page-break-before:always; clear:both;">
        <div class="header" style="clear:both">
            <br>
        </div>
            <p style="margin:0pt 0pt 12pt; ; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt"> </font><a name="EDGAR_PAGE_START5"></a><font style="font-family:'Times New Roman'; font-size:12pt">Documents&#8221;); (iii) enter on behalf of Owner any other agreements which exceed a term of one year and are not terminable on thirty day's notice at the will of Owner, without penalty, payment or surcharge; (iv) act in violation of any Law, (v) vio</font><font style="font-family:'Times New Roman'; font-size:12pt">late any term or condition of the Loan Documents; (vi) fail to correct any misunderstanding of any third party of which Manager becomes aware as to the separateness of Owner and Manager; or (vii) except as explicitly set forth in this Agreement, exercise a</font><font style="font-family:'Times New Roman'; font-size:12pt">ny authority to act on behalf of, or hold itself out has having authority to act on behalf of, Owner.&#160; </font></p>
            <p style="margin:0pt 0pt 12pt; text-indent:72pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:normal; font-style:normal; text-decoration:none; text-transform:none">(n)</font><font style="font:7.0pt 'Times New Roman'">&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0; </font><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:bold">Shared Expenses</font><font style="font-family:'Times New Roman'; font-size:12pt">.&#160; Owner acknowledges that certain economies may be achieved with respect to certain expenses to be incurred by Manager on behalf of Owne</font><font style="font-family:'Times New Roman'; font-size:12pt">r hereunder if materials, supplies, insurance or services are purchased by Manager in quantity for use not only in connection with Owner's business at the Property but in connection with other properties owned or managed by Manager or its affiliates.&#160; Mana</font><font style="font-family:'Times New Roman'; font-size:12pt">ger shall have the right to purchase such materials, supplies, insurance (subject to the terms of this Agreement) and/or services in its own name and charge Owner a pro rata allocable share of the cost of the foregoing; provided, however, that the pro rata</font><font style="font-family:'Times New Roman'; font-size:12pt"> cost of such purchase to Owner shall not result in expenses that are either inconsistent with the expenses of other &quot;U-Haul branded&quot; locations in the general vicinity of the applicable Property or greater than would otherwise be incurred at competitive pr</font><font style="font-family:'Times New Roman'; font-size:12pt">ices and terms available in the area where the Property is located; and provided further, Manager shall give Owner access to records (at no cost to Owner) so Owner may review any such expenses incurred.</font></p>
            <p style="margin:0pt 0pt 12pt; text-indent:72pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:normal; font-style:normal; text-decoration:none; text-transform:none">(o)</font><font style="font:7.0pt 'Times New Roman'">&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0; </font><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:bold">Deposit of Gross Revenues</font><font style="font-family:'Times New Roman'; font-size:12pt">.&#160; All revenue from operatio</font><font style="font-family:'Times New Roman'; font-size:12pt">ns at the Property (&#8220;Gross Revenue&#8221;) shall be deposited daily by Manager into (i) a bank account that has been established for the benefit of Owner (the &#8220;Deposit Account&#8221;) and maintained by Manager (or its parent company); or (ii) a collective bank account</font><font style="font-family:'Times New Roman'; font-size:12pt"> (the &#8220;Collective Account&#8221;) maintained by Manager (or its parent company) for the benefit of multiple property owners.&#160; In either case, although the account may be in Owner&#8217;s name, Owner&#8217;s right to the proceeds therein only extends to Owner&#8217;s Revenue.&#160; On </font><font style="font-family:'Times New Roman'; font-size:12pt">a daily basis, Manager shall transfer Owner&#8217;s Revenue in the Deposit Account or Collective Account, as the case may be, to Owner&#8217;s separately identified depositary account pledged to Lender (&#8220;Blocked Account&#8221;). To the extent that Gross Revenue is deposited</font><font style="font-family:'Times New Roman'; font-size:12pt"> into a Collective Account, Manager (or its parent company) shall on a daily basis reconcile such Collective Account and maintain such records as shall clearly identify the respective interest of each property owner in such account.&#160; Manager shall not, and</font><font style="font-family:'Times New Roman'; font-size:12pt"> shall not permit any other property owner or any affiliate of Manager to borrow, lend, use, pledge or otherwise encumber Owner&#8217;s Revenue while it is in a Deposit Account or Collective Account. Pursuant to the terms and conditions of that certain Cash Mana</font><font style="font-family:'Times New Roman'; font-size:12pt">gement Agreement dated as of the date hereof between Owner, U.S. Bank National Association as Agent and Administrative Agent, and Manager (the &#8220;Cash Management Agreement&#8221;), during a Cash Sweep Period (as defined in the Cash Management Agreement), the Owner</font><font style="font-family:'Times New Roman'; font-size:12pt">&#8217;s Revenue shall be transferred to the Cash Management Account and shall be governed by the terms of the Cash Management Agreement.&#160;&#160; The payment of Owner&#8217;s U-Move Commissions shall be governed by the terms of the Dealer Contract.&#160;&#160;&#160; Except as otherwise ex</font><font style="font-family:'Times New Roman'; font-size:12pt">pressly set forth above or in the Cash Management Agreement or Blocked Account Agreement (as defined in the Cash Management Agreement), nothing in this Section shall be construed to limit Owner&#8217;s access to Owner&#8217;s Revenue, except during a Cash Sweep Period</font><font style="font-family:'Times New Roman'; font-size:12pt">. Manager shall not deposit any Gross Revenues into any deposit accounts except as expressly permitted under this paragraph.&#160;&#160; </font><a name="EDGAR_PAGE_END5"></a></p>
        <div class="footer" style="clear:both">
            <br>
            <p style="margin:0pt; text-align:center"><a name="EDGAR_HF_F_START_1"></a><font style="font-family:'CG Times'; font-size:10pt">5</font><a name="EDGAR_HF_F_END_2"></a></p>
            <br>
        </div>
        </div>
        <div style="page-break-before:always; clear:both;">
        <div class="header" style="clear:both">
            <br>
        </div>
            <p style="margin:0pt 0pt 12pt; text-indent:72pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:normal; font-style:normal; text-decoration:none; text-transform:none">(p)</font><font style="font:7.0pt 'Times New Roman'">&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0; </font><a name="EDGAR_PAGE_START6"></a><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:bold">Obligations under Loan Documents and other Material Contracts</font><font style="font-family:'Times New Roman'; font-size:12pt">.&#160; Manager shall take such actions as are necessary or appropriate </font><font style="font-family:'Times New Roman'; font-size:12pt">under the circumstances to ensure, to the extent Manager is privy to the information, that Owner is in compliance with the terms of the Loan Documents and any other material agreement relating to the Property to which Owner is a party and for which Manager</font><font style="font-family:'Times New Roman'; font-size:12pt"> is privy to the information.&#160; Notwithstanding the foregoing, nothing herein contained shall be deemed to obligate Manager to fund from its own resources any payments owed by Owner under the Loan Documents or otherwise be deemed to make Manager a direct ob</font><font style="font-family:'Times New Roman'; font-size:12pt">ligor under the Loan Documents.</font></p>
            <p style="margin:0pt 0pt 12pt; text-indent:72pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:normal; font-style:normal; text-decoration:none; text-transform:none">(q)</font><font style="font:7.0pt 'Times New Roman'">&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0; </font><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:bold">Obligations notwithstanding other Tenancy at the Property</font><font style="font-family:'Times New Roman'; font-size:12pt">.&#160; Manager shall perform all of its obligations under this Agreement in a professional manner consistent with the standards it employs at all of its managed locations.</font><font style="font-family:'Times New Roman'; font-size:12pt">&#160; </font></p>
            <p style="margin:0pt 0pt 12pt; text-indent:72pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:normal; font-style:normal; text-decoration:none; text-transform:none">(r)</font><font style="font:7.0pt 'Times New Roman'">&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0; </font><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:bold">Segregation</font><font style="font-family:'Times New Roman'; font-size:12pt">.&#160;&#160; Owner and Manager shall maintain the Property and Owner&#8217;s Revenue in such a manner that it is not costly or difficult to segregate, ascertain or identify Owner&#8217;s individual assets from those of Manager or any other person.&#160;&#160; </font></p>
            <p style="margin:0pt 0pt 12pt 72pt; text-indent:-36pt; text-align:justify; page-break-after:avoid"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:normal; font-style:normal; font-variant:normal; text-decoration:none; text-transform:none">3.</font><font style="font:7.0pt 'Times New Roman'">&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0; </font><font style="font-family:'Times New Roman'; font-size:12pt; text-decoration:underline">Duties of Owner.&#160; </font></p>
            <p style="margin:0pt 0pt 6pt; text-indent:72pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">Owner shall cooperate with Manager in the performance of Manager's duties under this Agreement and to that end, upon the request of Manager, shall provide, at such rental charges, if any, as are deemed appropriate, reasonable office spac</font><font style="font-family:'Times New Roman'; font-size:12pt">e for Manager employees on the premises of the Property (to the extent available). Owner shall not unreasonably withhold or delay any consent or authorization to Manager required or appropriate under this Agreement.&#160; Owner shall provide Manager with copies</font><font style="font-family:'Times New Roman'; font-size:12pt"> of all Loan Documents and any amendments thereto.&#160; </font></p>
            <p style="margin:0pt 0pt 12pt 72pt; text-indent:-36pt; text-align:justify; page-break-after:avoid"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:normal; font-style:normal; font-variant:normal; text-decoration:none; text-transform:none">4.</font><font style="font:7.0pt 'Times New Roman'">&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0; </font><font style="font-family:'Times New Roman'; font-size:12pt; text-decoration:underline">Compensation of Manager.</font></p>
            <p style="margin:0pt 0pt 12pt; text-indent:72pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:normal; font-style:normal; text-decoration:none; text-transform:none">(a)</font><font style="font:7.0pt 'Times New Roman'">&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0; </font><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:bold">Reimbursement of Expenses</font><font style="font-family:'Times New Roman'; font-size:12pt">.&#160; Manager shall be entitled to request and receive timely reimbursement for all timely authorized out-of-pocket reasonable and customary expenses (&#8220;Expe</font><font style="font-family:'Times New Roman'; font-size:12pt">nses&#8221;) actually incurred by Manager in the discharge of its duties hereunder.&#160; Such expense reimbursement shall be due by the last business day of each month, for all expenses billed during such month, unless a written request is received by Manager detail</font><font style="font-family:'Times New Roman'; font-size:12pt">ing a legitimate dispute as to a billed amount.&#160;&#160;&#160; Such reimbursement shall be the obligation of Owner, whether or not Owner&#8217;s Revenues are sufficient to pay such amounts.&#160; Unpaid balances shall accrue interest at the rate of the 30 day libor + 100 basis p</font><font style="font-family:'Times New Roman'; font-size:12pt">oints, commencing as of the first day of the month following the due date therefor, or the first day of the month&#160; following resolution of the dispute. </font></p>
            <p style="margin:0pt 0pt 12pt; text-indent:72pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:normal; font-style:normal; text-decoration:none; text-transform:none">(b)</font><font style="font:7.0pt 'Times New Roman'">&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0; </font><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:bold">Management Fee</font><font style="font-family:'Times New Roman'; font-size:12pt">.&#160; Owner shall pay to Manager as the full amount due for the services herein provided a m</font><font style="font-family:'Times New Roman'; font-size:12pt">onthly fee (the &#8220;Management Fee&#8221;) which shall be six percent (6%) of the Property&#8217;s current month Owner&#8217;s Revenue, as determined on a cash basis.&#160; The Management Fee payment shall be included with the reimbursement of Expenses pursuant to Section 4(a) abov</font><font style="font-family:'Times New Roman'; font-size:12pt">e, for the same month.&#160; The invoice for the management fee shall be itemized and shall include reasonable detail to explain the expenses incurred. </font><a name="EDGAR_PAGE_END6"></a></p>
        <div class="footer" style="clear:both">
            <br>
            <p style="margin:0pt; text-align:center"><a name="EDGAR_HF_F_START_1"></a><font style="font-family:'CG Times'; font-size:10pt">6</font><a name="EDGAR_HF_F_END_2"></a></p>
            <br>
        </div>
        </div>
        <div style="page-break-before:always; clear:both;">
        <div class="header" style="clear:both">
            <br>
        </div>
            <p style="margin:0pt 0pt 6pt; text-indent:72pt; text-align:justify"><a name="EDGAR_PAGE_START7"></a><font style="font-family:'Times New Roman'; font-size:12pt">Except as provided in this Section 4, it is further understood and agreed that Manager shall not be entitled</font><font style="font-family:'Times New Roman'; font-size:12pt"> to additional compensation of any kind in connection with the performance by it of its duties under this Agreement.</font></p>
            <p style="margin:0pt 0pt 12pt; text-indent:72pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:normal; font-style:normal; text-decoration:none; text-transform:none">(c)</font><font style="font:7.0pt 'Times New Roman'">&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0; </font><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:bold">Inspection of Books and Records</font><font style="font-family:'Times New Roman'; font-size:12pt">.&#160; Owner shall have the right, upon prior reasonable notice to Manager, to inspect Manager's books and recor</font><font style="font-family:'Times New Roman'; font-size:12pt">ds with respect to the Property, to assure that proper fees and charges are assessed hereunder.&#160; Manager shall cooperate with any such inspection.&#160; Owner shall bear the cost of any such inspection; provided, however, that if it is clearly demonstrated that</font><font style="font-family:'Times New Roman'; font-size:12pt"> Manager has overcharged Owner by more than 5% in any given quarter and such overcharge was not caused in whole pr part by Owner, the cost of such inspection shall be borne by Manager. Manager shall promptly reimburse Owner for any overpayment.</font></p>
            <p style="margin:0pt 0pt 12pt 72pt; text-indent:-36pt; text-align:justify; page-break-after:avoid"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:normal; font-style:normal; font-variant:normal; text-decoration:none; text-transform:none">5.</font><font style="font:7.0pt 'Times New Roman'">&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0; </font><font style="font-family:'Times New Roman'; font-size:12pt; text-decoration:underline">Use of Trad</font><font style="font-family:'Times New Roman'; font-size:12pt; text-decoration:underline">emarks, Service Marks and Related Items.</font></p>
            <p style="margin:0pt 0pt 6pt; text-indent:72pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">Owner acknowledges the significant value of the &quot;U-Haul&quot; name in the operations of Owner's property and it is therefore understood and agreed that the name, trademark and service mark &quot;U-Haul&quot;, and related marks, sl</font><font style="font-family:'Times New Roman'; font-size:12pt">ogans, caricatures, designs and other trade or service items (the &quot;</font><font style="font-family:'Times New Roman'; font-size:12pt; text-decoration:underline">Manager Trade Marks</font><font style="font-family:'Times New Roman'; font-size:12pt">&quot;) shall be utilized for the non-exclusive benefit of Owner in the rental and operation of the Property, and in comparable operations elsewhere.&#160; It is further understood</font><font style="font-family:'Times New Roman'; font-size:12pt"> and agreed that this name and all such marks, slogans, caricatures, designs and other trade or service items shall remain and be at all times the property of Manager and its affiliates, and that, except as expressly provided in this Agreement, Owner shall</font><font style="font-family:'Times New Roman'; font-size:12pt"> have no right whatsoever therein.&#160; Owner agrees that during the term of this Agreement the sign faces at the property will have the name &quot;U-Haul.&quot;&#160; Upon termination of this Agreement at any time for any reason, all such use by and for the benefit of Owner</font><font style="font-family:'Times New Roman'; font-size:12pt"> of any such name, mark, slogan, caricature, design or other trade or service item in connection with the Property shall be terminated and any signs bearing any of the foregoing shall be removed from view and no longer used by Owner.&#160; In addition, upon ter</font><font style="font-family:'Times New Roman'; font-size:12pt">mination of this Agreement at any time for any reason, Owner shall not enter into any new leases of Property using the Manager lease form or use other forms prepared by Manager.&#160; It is understood and agreed that Manager will use and shall be unrestricted i</font><font style="font-family:'Times New Roman'; font-size:12pt">n its use of such name, mark, slogan, caricature, design or other trade or service item in the management and operation of other storage facilities both during and after the expiration or termination of the term of this Agreement.&#160; </font></p>
            <p style="margin:0pt 0pt 12pt 72pt; text-indent:-36pt; text-align:justify; page-break-after:avoid"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:normal; font-style:normal; font-variant:normal; text-decoration:none; text-transform:none">6.</font><font style="font:7.0pt 'Times New Roman'">&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0; </font><font style="font-family:'Times New Roman'; font-size:12pt; text-decoration:underline">Default; Termination.&#160; </font></p>
            <p style="margin:0pt 0pt 12pt; text-indent:72pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:normal; font-style:normal; text-decoration:none; text-transform:none">(a)</font><font style="font:7.0pt 'Times New Roman'">&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0; </font><font style="font-family:'Times New Roman'; font-size:12pt">Any material failure by Manager or Owner (a &quot;</font><font style="font-family:'Times New Roman'; font-size:12pt; text-decoration:underline">Defaulting Party</font><font style="font-family:'Times New Roman'; font-size:12pt">&quot;) to perform its respective duties or obligations hereunder (other than a default by Owner under Section 4 of this Agreement), which material failure is not cured within thirty (30) calendar da</font><font style="font-family:'Times New Roman'; font-size:12pt">ys after receipt of written notice of such failure from the non-defaulting party, shall constitute an event of default hereunder; provided, however, the foregoing shall not constitute an event of default hereunder in the event the Defaulting Party commence</font><font style="font-family:'Times New Roman'; font-size:12pt">s cure of such material failure within such thirty (30) day period and diligently prosecutes the cure of such material failure thereafter but in no event shall such extended cure period exceed ninety (90) days from the date of receipt by the non-defaulting</font><font style="font-family:'Times New Roman'; font-size:12pt"> party of written notice of such material default; provided further, however, that in the event such material failure constitutes a default under the terms of the Loan Documents and the cure period for such matter under the Loan Documents is shorter than t</font><font style="font-family:'Times New Roman'; font-size:12pt">he</font><a name="EDGAR_PAGE_END7"></a></p>
        <div class="footer" style="clear:both">
            <br>
            <p style="margin:0pt; text-align:center"><a name="EDGAR_HF_F_START_1"></a><font style="font-family:'CG Times'; font-size:10pt">7</font><a name="EDGAR_HF_F_END_2"></a></p>
            <br>
        </div>
        </div>
        <div style="page-break-before:always; clear:both;">
        <div class="header" style="clear:both">
            <br>
        </div>
            <p style="margin:0pt 0pt 12pt; ; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt"> </font><a name="EDGAR_PAGE_START8"></a><font style="font-family:'Times New Roman'; font-size:12pt">cure period specified herein, the cure period specified herein shall automatically shorten such that it shall match the cure period for such matter as specified under the Loan Documents. In addition, following notice to Manager of the existence of any s</font><font style="font-family:'Times New Roman'; font-size:12pt">uch material failure by Manager, Owner shall have the right to cure any such material failure by Manager, and any sums so expended in curing shall be owed by Manager to such curing party and may be offset against any sums owed to Manager under this Agreeme</font><font style="font-family:'Times New Roman'; font-size:12pt">nt.</font></p>
            <p style="margin:0pt 0pt 12pt; text-indent:72pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:normal; font-style:normal; text-decoration:none; text-transform:none">(b)</font><font style="font:7.0pt 'Times New Roman'">&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0; </font><font style="font-family:'Times New Roman'; font-size:12pt">Any material failure by Owner to perform its duties or obligations under Section 4, which material failure is not cured within ten (10) calendar days after receipt of written notice of such failure from Manager, shall constitute an event of default her</font><font style="font-family:'Times New Roman'; font-size:12pt">eunder.&#160; </font></p>
            <p style="margin:0pt 0pt 12pt; text-indent:72pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:normal; font-style:normal; text-decoration:none; text-transform:none">(c)</font><font style="font:7.0pt 'Times New Roman'">&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0; </font><font style="font-family:'Times New Roman'; font-size:12pt">Subject to the terms of the Loan Documents, either party hereto shall have&#160; the right to terminate this Agreement, without cause, by giving not less than ninety (90) days' written notice to the other party hereto, and with cause by giving not les</font><font style="font-family:'Times New Roman'; font-size:12pt">s than thirty (30) days written notice to the other party hereto, in both cases pursuant to Section 14 hereof.&#160;&#160; </font></p>
            <p style="margin:0pt 0pt 12pt; text-indent:72pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:normal; font-style:normal; text-decoration:none; text-transform:none">(d)</font><font style="font:7.0pt 'Times New Roman'">&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0; </font><font style="font-family:'Times New Roman'; font-size:12pt">Upon termination of this Agreement, (x) Manager shall promptly return to Owner all monies, books, records and other materials held by Manager </font><font style="font-family:'Times New Roman'; font-size:12pt">for or on behalf of Owner and shall otherwise cooperate with Owner to promote and ensure a smooth transition to the new manager and (y) Manager shall be entitled to receive its Management Fee and reimbursement of expenses through the effective date of such</font><font style="font-family:'Times New Roman'; font-size:12pt"> termination, including the reimbursement of any prepaid expenses for periods beyond the date of termination (such as Yellow Pages advertising).&#160;&#160;&#160; </font></p>
            <p style="margin:0pt 0pt 12pt 72pt; text-indent:-36pt; text-align:justify; page-break-after:avoid"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:normal; font-style:normal; font-variant:normal; text-decoration:none; text-transform:none">7.</font><font style="font:7.0pt 'Times New Roman'">&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0; </font><font style="font-family:'Times New Roman'; font-size:12pt; text-decoration:underline">Indemnification.&#160; </font></p>
            <p style="margin:0pt 0pt 6pt; text-indent:72pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">Manager hereby agrees to indemnify, defend and hold Owner, all persons and companies aff</font><font style="font-family:'Times New Roman'; font-size:12pt">iliated with Owner, and all officers, shareholders, directors, employees and agents of Owner and of any affiliated companies or persons (collectively, the &quot;Indemnified Persons&quot;) harmless from any and all costs, expenses, attorneys' fees, suits, liabilities</font><font style="font-family:'Times New Roman'; font-size:12pt">, judgments, damages, and claims in connection with the management of the Property and operations thereon (including the loss of use thereof following any damage, injury or destruction), arising from any cause or matter whatsoever, including, without limit</font><font style="font-family:'Times New Roman'; font-size:12pt">ation, any environmental condition or matter caused by Manager&#8217;s operation of the Property, except to the extent attributable to the willful misconduct or negligence on the part of the Indemnified Persons. </font></p>
            <p style="margin:0pt 0pt 12pt 72pt; text-indent:-36pt; text-align:justify; page-break-after:avoid"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:normal; font-style:normal; font-variant:normal; text-decoration:none; text-transform:none">8.</font><font style="font:7.0pt 'Times New Roman'">&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0; </font><font style="font-family:'Times New Roman'; font-size:12pt; text-decoration:underline">Assignment.&#160; </font></p>
            <p style="margin:0pt 0pt 6pt; text-indent:72pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">Manager shall not assign this Agree</font><font style="font-family:'Times New Roman'; font-size:12pt">ment, or any portion hereof of the duties hereunder, to any party without the consent of Owner.</font></p>
            <p style="margin:0pt 0pt 12pt 72pt; text-indent:-36pt; text-align:justify; page-break-after:avoid"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:normal; font-style:normal; font-variant:normal; text-decoration:none; text-transform:none">9.</font><font style="font:7.0pt 'Times New Roman'">&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0; </font><font style="font-family:'Times New Roman'; font-size:12pt; text-decoration:underline">Standard for Property Manager's Responsibility.</font></p>
            <p style="margin:0pt 0pt 6pt; text-indent:72pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">Manager agrees that it will perform its obligations hereunder according to industry standards, in good faith, and in a commercially reasonable manner.&#160; </font></p>
            <p style="margin:0pt 0pt 12pt 72pt; text-indent:-36pt; text-align:justify; page-break-after:avoid"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:normal; font-style:normal; font-variant:normal; text-decoration:none; text-transform:none">10.</font><font style="font:7.0pt 'Times New Roman'">&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0; </font><font style="font-family:'Times New Roman'; font-size:12pt; text-decoration:underline">Estoppel Certificate.&#160; </font></p>
            <p style="margin:0pt 0pt 6pt; text-indent:72pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">Each of Owner and Manager agree to execute and deliver to one another, from tim</font><font style="font-family:'Times New Roman'; font-size:12pt">e to time, within ten (10) business days of the requesting party's request, a statement in</font><a name="EDGAR_PAGE_END8"></a></p>
        <div class="footer" style="clear:both">
            <br>
            <p style="margin:0pt; text-align:center"><a name="EDGAR_HF_F_START_1"></a><font style="font-family:'CG Times'; font-size:10pt">8</font><a name="EDGAR_HF_F_END_2"></a></p>
            <br>
        </div>
        </div>
        <div style="page-break-before:always; clear:both;">
        <div class="header" style="clear:both">
            <br>
        </div>
            <p style="margin:0pt 0pt 6pt; ; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt"> </font><a name="EDGAR_PAGE_START9"></a><font style="font-family:'Times New Roman'; font-size:12pt">writing certifying, to the extent true, that this Agreement is in full force and effect, and acknowledging that there are not, to such parties knowledge, any uncured</font><font style="font-family:'Times New Roman'; font-size:12pt"> defaults or specifying such defaults if they are claimed and any such other matters as may be reasonably requested by such requesting party.</font></p>
            <p style="margin:0pt 0pt 12pt 72pt; text-indent:-36pt; text-align:justify; page-break-after:avoid"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:normal; font-style:normal; font-variant:normal; text-decoration:none; text-transform:none">11.</font><font style="font:7.0pt 'Times New Roman'">&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0; </font><font style="font-family:'Times New Roman'; font-size:12pt; text-decoration:underline">Term; Scope.</font></p>
            <p style="margin:0pt 0pt 6pt; text-indent:72pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">Subject to the provisions hereof, this Agreement shall have an initial term (such term, as extended o</font><font style="font-family:'Times New Roman'; font-size:12pt">r renewed in accordance with the provisions hereof, being called the &quot;</font><font style="font-family:'Times New Roman'; font-size:12pt; text-decoration:underline">Term</font><font style="font-family:'Times New Roman'; font-size:12pt">&quot;) commencing on the date hereof (the &quot;</font><font style="font-family:'Times New Roman'; font-size:12pt; text-decoration:underline">Commencement Date</font><font style="font-family:'Times New Roman'; font-size:12pt">&quot;) and ending on the later of (i) the last day of the 300th calendar month next following the date hereof or (ii) the maturity</font><font style="font-family:'Times New Roman'; font-size:12pt"> date, repayment or prepayment of all amounts due to Lender pursuant to the applicable Loan Documents (the &quot;</font><font style="font-family:'Times New Roman'; font-size:12pt; text-decoration:underline">Expiration Date</font><font style="font-family:'Times New Roman'; font-size:12pt">&quot;); provided however, the parties shall have the right upon mutual agreement to terminate this Agreement with respect to any individu</font><font style="font-family:'Times New Roman'; font-size:12pt">al Property no longer securing amounts due Lender pursuant to the applicable Loan Documents (for instance due to a significant casualty or condemnation of such Property).&#160;&#160;&#160;&#160;&#160; </font></p>
            <p style="margin:0pt 0pt 12pt 72pt; text-indent:-36pt; text-align:justify; page-break-after:avoid"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:normal; font-style:normal; font-variant:normal; text-decoration:none; text-transform:none">12.</font><font style="font:7.0pt 'Times New Roman'">&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0; </font><font style="font-family:'Times New Roman'; font-size:12pt; text-decoration:underline">Headings.</font></p>
            <p style="margin:0pt 0pt 6pt; text-indent:72pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">The headings contained herein are for convenience of reference only a</font><font style="font-family:'Times New Roman'; font-size:12pt">nd are not intended to define, limit or describe the scope or intent of any provision of this Agreement.</font></p>
            <p style="margin:0pt 0pt 12pt 72pt; text-indent:-36pt; text-align:justify; page-break-after:avoid"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:normal; font-style:normal; font-variant:normal; text-decoration:none; text-transform:none">13.</font><font style="font:7.0pt 'Times New Roman'">&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0; </font><font style="font-family:'Times New Roman'; font-size:12pt; text-decoration:underline">Governing Law.</font></p>
            <p style="margin:0pt 0pt 6pt; text-indent:72pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">The validity of this Agreement, the construction of its terms and the interpretation of the rights and duties of the parties shall be go</font><font style="font-family:'Times New Roman'; font-size:12pt">verned by the internal laws of the State of </font><font style="font-family:'Times New Roman'; font-size:12pt">Nevada</font><font style="font-family:'Times New Roman'; font-size:12pt">.</font></p>
            <p style="margin:0pt 0pt 12pt 72pt; text-indent:-36pt; text-align:justify; page-break-after:avoid"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:normal; font-style:normal; font-variant:normal; text-decoration:none; text-transform:none">14.</font><font style="font:7.0pt 'Times New Roman'">&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0; </font><font style="font-family:'Times New Roman'; font-size:12pt; text-decoration:underline">Notices.</font></p>
            <p style="margin:0pt"><font style="font-family:'Times New Roman'; font-size:12pt">Any notice required or permitted herein shall be in writing and shall be personally delivered or mailed first class postage prepaid or delivered by an overnight delivery service to the respective</font><font style="font-family:'Times New Roman'; font-size:12pt"> addresses of the parties set forth above on the first page of this Agreement, or to such other address as any party may give&#160; to the other in writing.&#160; Any notice required by this Agreement will be deemed to have been given when personally served or one d</font><font style="font-family:'Times New Roman'; font-size:12pt">ay after delivery to an overnight delivery service or five days after deposit in the first class mail. Any notice to Owner shall be to the attention of c/o SAC Holding Corporation, 1250 E. Missouri, </font><font style="font-family:'Times New Roman'; font-size:12pt">Phoenix</font><font style="font-family:'Times New Roman'; font-size:12pt">, </font><font style="font-family:'Times New Roman'; font-size:12pt">AZ</font><font style="font-family:'Times New Roman'; font-size:12pt">&#160; </font><font style="font-family:'Times New Roman'; font-size:12pt">85014</font><font style="font-family:'Times New Roman'; font-size:12pt">, Attn:&#160; Secretary. Any notice to Manag</font><font style="font-family:'Times New Roman'; font-size:12pt">er shall be to the attention of c/o U-Haul International, Inc., </font><font style="font-family:'Times New Roman'; font-size:12pt">2721 North Central Avenue</font><font style="font-family:'Times New Roman'; font-size:12pt">, </font><font style="font-family:'Times New Roman'; font-size:12pt">Phoenix</font><font style="font-family:'Times New Roman'; font-size:12pt">, </font><font style="font-family:'Times New Roman'; font-size:12pt">AZ</font><font style="font-family:'Times New Roman'; font-size:12pt"> </font><font style="font-family:'Times New Roman'; font-size:12pt">85004</font><font style="font-family:'Times New Roman'; font-size:12pt">, Attn:&#160; Chief Financial Officer.</font></p>
            <p style="margin:0pt"><font style="font-family:'Times New Roman'; font-size:12pt">&#xa0;</font></p>
            <p style="margin:0pt 0pt 12pt 72pt; text-indent:-36pt; text-align:justify; page-break-after:avoid"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:normal; font-style:normal; font-variant:normal; text-decoration:none; text-transform:none">15.</font><font style="font:7.0pt 'Times New Roman'">&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0; </font><font style="font-family:'Times New Roman'; font-size:12pt; text-decoration:underline">Severability.</font></p>
            <p style="margin:0pt 0pt 6pt; text-indent:72pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">Should any term or provision hereof be deemed invalid, void or unenforceable either in its entirety</font><font style="font-family:'Times New Roman'; font-size:12pt"> or in a particular application, the remainder of this Agreement shall nonetheless remain in full force and effect and, if the subject term or provision is deemed to be invalid, void or unenforceable only with respect to a particular application, such term</font><font style="font-family:'Times New Roman'; font-size:12pt"> or provision shall remain in full force and effect with respect to all other applications.</font><a name="EDGAR_PAGE_END9"></a></p>
        <div class="footer" style="clear:both">
            <br>
            <p style="margin:0pt; text-align:center"><a name="EDGAR_HF_F_START_1"></a><font style="font-family:'CG Times'; font-size:10pt">9</font><a name="EDGAR_HF_F_END_2"></a></p>
            <br>
        </div>
        </div>
        <div style="page-break-before:always; clear:both;">
        <div class="header" style="clear:both">
            <br>
        </div>
            <p style="margin:0pt 0pt 12pt 72pt; text-indent:-36pt; text-align:justify; page-break-after:avoid"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:normal; font-style:normal; font-variant:normal; text-decoration:none; text-transform:none">16.</font><font style="font:7.0pt 'Times New Roman'">&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0; </font><a name="EDGAR_PAGE_START10"></a><font style="font-family:'Times New Roman'; font-size:12pt; text-decoration:underline">Successors.</font></p>
            <p style="margin:0pt 0pt 6pt; text-indent:72pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">This Agreement shall be binding upon and inure to the benefit of the respective parties hereto and their permitted assigns and successors in interest.</font></p>
            <p style="margin:0pt 0pt 12pt 72pt; text-indent:-36pt; text-align:justify; page-break-after:avoid"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:normal; font-style:normal; font-variant:normal; text-decoration:none; text-transform:none">17.</font><font style="font:7.0pt 'Times New Roman'">&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0; </font><font style="font-family:'Times New Roman'; font-size:12pt; text-decoration:underline">A</font><font style="font-family:'Times New Roman'; font-size:12pt; text-decoration:underline">ttorneys' Fees.</font></p>
            <p style="margin:0pt 0pt 6pt; text-indent:72pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">If it shall become necessary for any party hereto to engage attorneys to institute legal action for the purpose of enforcing their respective rights hereunder or for the purpose of defending legal action brought by the other party hereto, t</font><font style="font-family:'Times New Roman'; font-size:12pt">he party or parties prevailing in such litigation shall be entitled to receive all costs, expenses and fees (including reasonable attorneys' fees) incurred by it in such litigation (including appeals).</font></p>
            <p style="margin:0pt 0pt 6pt; text-indent:36pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">18.</font><font style="font-family:'Times New Roman'; font-size:12pt; text-decoration:underline">Counterparts</font><font style="font-family:'Times New Roman'; font-size:12pt">.</font></p>
            <p style="margin:0pt 0pt 6pt; text-indent:72pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">This Agreement may be executed in</font><font style="font-family:'Times New Roman'; font-size:12pt"> one or more counterparts, each of which shall be deemed an original, but all of which together shall constitute one and the same instrument.</font></p>
            <p style="margin:0pt 0pt 12pt 72pt; text-indent:-36pt; text-align:justify; page-break-after:avoid"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:normal; font-style:normal; font-variant:normal; text-decoration:none; text-transform:none">19.</font><font style="font:7.0pt 'Times New Roman'">&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0; </font><font style="font-family:'Times New Roman'; font-size:12pt; text-decoration:underline">Termination of Prior Agreement</font></p>
            <p style="margin:0pt 0pt 6pt; text-indent:72pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">This Agreement operates to terminate any prior property management agreement among </font><font style="font-family:'Times New Roman'; font-size:12pt">Owner and U-Haul with respect to the Property.&#160; The property management relationship among Owner and U-Haul with respect to the Property is restated as of the date hereof,&#160; as provided in this Agreement.&#160;&#160; </font></p>
            <p style="margin:0pt 0pt 6pt; text-indent:72pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">&#xa0;</font></p>
            <p style="margin:0pt 0pt 12pt 72pt; text-indent:-36pt; text-align:justify; page-break-after:avoid"><font style="font-family:'Times New Roman'; font-size:12pt">&#xa0;</font></p>
            <p style="margin:0pt 0pt 6pt; text-indent:72pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">&#xa0;</font></p>
            <p style="margin:0pt 0pt 6pt; text-indent:72pt; text-align:justify"><br style=" clear:both" /><a name="EDGAR_PAGE_END10"></a></p>
        <div class="footer" style="clear:both">
            <br>
            <p style="margin:0pt; text-align:center"><a name="EDGAR_HF_F_START_1"></a><font style="font-family:'CG Times'; font-size:10pt">10</font><a name="EDGAR_HF_F_END_2"></a></p>
            <br>
        </div>
        </div>
        <div style="page-break-before:always; clear:both;">
        <div class="header" style="clear:both">
            <br>
        </div>
            <p style="margin:0pt 0pt 6pt; text-indent:72pt; text-align:justify"><a name="EDGAR_PAGE_START11"></a><font style="font-family:'Times New Roman'; font-size:12pt">IN WITNESS WHEREOF, the undersigned execute </font><font style="font-family:'Times New Roman'; font-size:12pt">this Agreement as of the date set forth above.</font></p>
            <p style="margin:0pt 0pt 6pt; text-indent:72pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">&#xa0;</font></p>
            <p style="margin:0pt 0pt 6pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt; text-decoration:underline">Owner</font><font style="font-family:'Times New Roman'; font-size:12pt">:</font></p>
            <p style="margin:0pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">Three-C&#160; SAC Self-Storage Limited Partnership, </font></p>
            <p style="margin:0pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">a </font><font style="font-family:'Times New Roman'; font-size:12pt">Nevada</font><font style="font-family:'Times New Roman'; font-size:12pt"> limited partnership</font></p>
            <p style="margin:0pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">&#xa0;</font></p>
            <p style="margin:0pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">By: Three-C&#160; SAC Self-Storage GP Corporation, </font></p>
            <p style="margin:0pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">Its General Partner</font></p>
            <p style="margin:0pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">&#xa0;</font></p>
            <p style="margin:0pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">By: __________________________________</font></p>
            <p style="margin:0pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">Bruce Brock</font><font style="font-family:'Times New Roman'; font-size:12pt">hagen, Secretary</font></p>
            <p style="margin:0pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">&#xa0;</font></p>
            <p style="margin:0pt 0pt 6pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">&#xa0;</font></p>
            <p style="margin:0pt 0pt 6pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt; text-decoration:underline">Manager</font><font style="font-family:'Times New Roman'; font-size:12pt">:</font></p>
            <table cellspacing="0" cellpadding="0" style="border-collapse:collapse; margin-left:0pt; width:212.25pt">
                <tr style="height:12.75pt">
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-left-color:#000000; border-left-style:solid; border-left-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; border-top-color:#000000; border-top-style:solid; border-top-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:212.25pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">U-Haul Co. of Arizona</font></p>
                    </td>
                </tr>
                <tr style="height:12.75pt">
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-left-color:#000000; border-left-style:solid; border-left-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:212.25pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">U-Haul Co. of California</font></p>
                    </td>
                </tr>
                <tr style="height:12.75pt">
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-left-color:#000000; border-left-style:solid; border-left-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:212.25pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">U-Haul Co. of Florida</font></p>
                    </td>
                </tr>
                <tr style="height:12.75pt">
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-left-color:#000000; border-left-style:solid; border-left-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:212.25pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">U-Haul Co. of Georgia</font></p>
                    </td>
                </tr>
                <tr style="height:12.75pt">
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-left-color:#000000; border-left-style:solid; border-left-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:212.25pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">U-Haul Co. of Georgia</font></p>
                    </td>
                </tr>
                <tr style="height:12.75pt">
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-left-color:#000000; border-left-style:solid; border-left-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:212.25pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">U-Haul Co. of Maine, Inc.</font></p>
                    </td>
                </tr>
                <tr style="height:12.75pt">
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-left-color:#000000; border-left-style:solid; border-left-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:212.25pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">U-Haul Co. of Massachusetts and Ohio, Inc.</font></p>
                    </td>
                </tr>
                <tr style="height:12.75pt">
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-left-color:#000000; border-left-style:solid; border-left-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:212.25pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">U-Haul Co. of Mississippi</font></p>
                    </td>
                </tr>
                <tr style="height:12.75pt">
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-left-color:#000000; border-left-style:solid; border-left-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:212.25pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">U-Haul Co.</font><font style="font-family:Arial; font-size:10pt"> of Nevada, Inc.</font></p>
                    </td>
                </tr>
                <tr style="height:12.75pt">
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-left-color:#000000; border-left-style:solid; border-left-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:212.25pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">U-Haul Co. of New Jersey, Inc.</font></p>
                    </td>
                </tr>
                <tr style="height:12.75pt">
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-left-color:#000000; border-left-style:solid; border-left-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:212.25pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">U-Haul Co. of New York and Vermont, Inc.</font></p>
                    </td>
                </tr>
                <tr style="height:12.75pt">
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-left-color:#000000; border-left-style:solid; border-left-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:212.25pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">U-Haul Co. of Oklahoma, Inc.</font></p>
                    </td>
                </tr>
                <tr style="height:12.75pt">
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-left-color:#000000; border-left-style:solid; border-left-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:212.25pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">U-Haul Co. of Texas</font></p>
                    </td>
                </tr>
            </table>
            <p style="margin:0pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">&#xa0;</font></p>
            <p style="margin:0pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">By: ____________________________________</font></p>
            <p style="margin:0pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">Gary B. Horton, Treasurer</font></p>
            <p style="margin:0pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">&#xa0;</font></p>
            <p style="margin:0pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">&#xa0;</font></p>
            <p style="margin:0pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">With respect to Section 2(k) herein, </font><font style="font-family:'Times New Roman'; font-size:12pt">U-Haul International, Inc., a Nevada corporation, hereby executes this Agreement and guarantees Manager&#8217;s obligations under said Section 2(k).</font></p>
            <p style="margin:0pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">&#xa0;</font></p>
            <p style="margin:0pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">U-Haul International, Inc.</font></p>
            <p style="margin:0pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">&#xa0;</font></p>
            <p style="margin:0pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">By: _____________________________________</font></p>
            <p style="margin:0pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">Gary B. Horton, Treasurer&#160; </font></p>
            <p style="margin:0pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">&#xa0;</font></p>
            <p style="margin:0pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">&#xa0;</font></p>
            <p style="margin:0pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">&#xa0;</font></p>
            <p style="margin:0pt 0pt 6pt; text-indent:72pt; text-align:center"><font style="font-family:'Times New Roman'; font-size:12pt">Exhibit </font><font style="font-family:'Times New Roman'; font-size:12pt">A</font><a name="EDGAR_PAGE_END11"></a></p>
        <div class="footer" style="clear:both">
            <br>
            <p style="margin:0pt; text-align:center"><a name="EDGAR_HF_F_START_1"></a><font style="font-family:'CG Times'; font-size:10pt">11</font><a name="EDGAR_HF_F_END_2"></a></p>
            <br>
        </div>
        </div>
        <div style="page-break-before:always; clear:both;">
        <div class="header" style="clear:both">
            <br>
        </div>
            <p style="margin:0pt 0pt 6pt; text-indent:72pt; text-align:center"><a name="EDGAR_PAGE_START12"></a><font style="font-family:'Times New Roman'; font-size:12pt">&#xa0;</font></p>
            <p style="margin:0pt 0pt 6pt; text-indent:72pt; text-align:center"><font style="font-family:'Times New Roman'; font-size:12pt">List of Properties</font></p>
            <table cellspacing="0" cellpadding="0" style="border-collapse:collapse; margin-left:0pt; width:446.25pt">
                <tr style="height:12.75pt">
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-left-color:#000000; border-left-style:solid; border-left-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; border-top-color:#000000; border-top-style:solid; border-top-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:44.2pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">883049</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; border-top-color:#000000; border-top-style:solid; border-top-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:100.55pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">U-Haul Moving &amp; Storage at Grant Rd</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; border-top-color:#000000; border-top-style:solid; border-top-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:99pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">2423 N Palo Verde</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; border-top-color:#000000; border-top-style:solid; border-top-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:112.5pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">TUCSON</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; border-top-color:#000000; border-top-style:solid; border-top-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:49.5pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">A</font><font style="font-family:Arial; font-size:10pt">Z</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; border-top-color:#000000; border-top-style:solid; border-top-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:40.5pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">85716</font></p>
                    </td>
                </tr>
                <tr style="height:12.75pt">
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-left-color:#000000; border-left-style:solid; border-left-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:44.2pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">883007</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:100.55pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">U-Haul Moving &amp; Storage of Spring Valley</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:99pt">
                        <p style="margin:0pt; text-align:center"><font style="font-family:Arial; font-size:10pt">8847 Jamacha Rd</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:112.5pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">SPRING VALLEY</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:49.5pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">CA</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:40.5pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">91977</font></p>
                    </td>
                </tr>
                <tr style="height:12.75pt">
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-left-color:#000000; border-left-style:solid; border-left-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:44.2pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">883065</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:100.55pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">U-Haul Moving &amp; Storage at El Camino Ave</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:99pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">1850 Glenrose Av</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:112.5pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">SACRAMENTO</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:49.5pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">CA</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:40.5pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">95815</font></p>
                    </td>
                </tr>
                <tr style="height:12.75pt">
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-left-color:#000000; border-left-style:solid; border-left-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:44.2pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">883034</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:100.55pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">U-Haul Moving &amp; Storage of New Smyrna</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:99pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">500 Turnbull Bay Rd</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:112.5pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">NEW SMYRNA BEACH</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:49.5pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">FL</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:40.5pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">32168</font></p>
                    </td>
                </tr>
                <tr style="height:12.75pt">
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-left-color:#000000; border-left-style:solid; border-left-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:44.2pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">883072</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:100.55pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">U-Haul Moving &amp; Storage at Mayport Rd</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:99pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">1650 Mayport Rd</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:112.5pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">ATLANTIC BEACH</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:49.5pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">FL</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:40.5pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">32233</font></p>
                    </td>
                </tr>
                <tr style="height:12.75pt">
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-left-color:#000000; border-left-style:solid; border-left-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:44.2pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">883084</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:100.55pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">U-Haul Moving &amp; Storage of South Tampa</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:99pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">3826 W </font><font style="font-family:Arial; font-size:10pt">Marcum St</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:112.5pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">TAMPA</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:49.5pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">FL</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:40.5pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">33616</font></p>
                    </td>
                </tr>
                <tr style="height:12.75pt">
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-left-color:#000000; border-left-style:solid; border-left-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:44.2pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">883089</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:100.55pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">U-Haul Moving &amp; Storage of Saint Augustine</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:99pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">3524 US Hwy 1 S</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:112.5pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">SAINT AUGUSTINE</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:49.5pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">FL</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:40.5pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">32086</font></p>
                    </td>
                </tr>
                <tr style="height:12.75pt">
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-left-color:#000000; border-left-style:solid; border-left-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:44.2pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">883030</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:100.55pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">U-Haul Moving &amp; Storage of Clarkston</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:99pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">885 Northern Ave</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:112.5pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">CLARKSTON</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:49.5pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">G</font><font style="font-family:Arial; font-size:10pt">A</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:40.5pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">30021</font></p>
                    </td>
                </tr>
                <tr style="height:12.75pt">
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-left-color:#000000; border-left-style:solid; border-left-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:44.2pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">884004</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:100.55pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">U-Haul Moving &amp; Storage of Marietta</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:99pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">100 Dodd St</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:112.5pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">MARIETTA</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:49.5pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">G</font><font style="font-family:Arial; font-size:10pt">A</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:40.5pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">30060</font></p>
                    </td>
                </tr>
                <tr style="height:12.75pt">
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-left-color:#000000; border-left-style:solid; border-left-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:44.2pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">883038</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:100.55pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">U-Haul Moving &amp; Storage of Brunswick</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:99pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">91 Gurnet Rd</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:112.5pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">BRUNSWICK</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:49.5pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">M</font><font style="font-family:Arial; font-size:10pt">E</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:40.5pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">04011</font></p>
                    </td>
                </tr>
                <tr style="height:12.75pt">
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-left-color:#000000; border-left-style:solid; border-left-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:44.2pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">837023</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:100.55pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">U-Haul Moving &amp; Storage of Malden</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:99pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">124-126 Eastern Ave</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:112.5pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">MALDEN</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:49.5pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">M</font><font style="font-family:Arial; font-size:10pt">A</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:40.5pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">02148</font></p>
                    </td>
                </tr>
                <tr style="height:12.75pt">
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-left-color:#000000; border-left-style:solid; border-left-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:44.2pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">883025</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:100.55pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">U-Haul Storage of West Jackson</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:99pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">1414 Gibraltar Dr</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:112.5pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">JACKSON</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:49.5pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">MI</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:40.5pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">39204</font></p>
                    </td>
                </tr>
                <tr style="height:12.75pt">
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-left-color:#000000; border-left-style:solid; border-left-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:44.2pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">883060</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:100.55pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">U-Haul Moving &amp; Storage at NAFB</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:99pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">2525 N Lamont St</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:112.5pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">LAS VEGAS</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:49.5pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">NV</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:40.5pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">89115</font></p>
                    </td>
                </tr>
                <tr style="height:12.75pt">
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-left-color:#000000; border-left-style:solid; border-left-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:44.2pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">883045</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:100.55pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">U-Haul Moving &amp; Storage of Hightstown</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:99pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">979 Rte 33 W</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:112.5pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">MONROE TOWNSHIP</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:49.5pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">NJ</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:40.5pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">08831</font></p>
                    </td>
                </tr>
                <tr style="height:12.75pt">
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-left-color:#000000; border-left-style:solid; border-left-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:44.2pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">883043</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:100.55pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">U-Haul Moving &amp; Storage of Cheektowaga</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:99pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">565 Ludwig Ave</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:112.5pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">CHEEKTOWAGA</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:49.5pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">NY</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:40.5pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">14227</font></p>
                    </td>
                </tr>
                <tr style="height:12.75pt">
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-left-color:#000000; border-left-style:solid; border-left-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:44.2pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">883056</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:100.55pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">U-Haul</font><font style="font-family:Arial; font-size:10pt"> Moving &amp; Storage at Byrne Rd</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:99pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">2366 Byrne Rd</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:112.5pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">TOLEDO</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:49.5pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">OH</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:40.5pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">43614</font></p>
                    </td>
                </tr>
                <tr style="height:12.75pt">
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-left-color:#000000; border-left-style:solid; border-left-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:44.2pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">883015</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:100.55pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">U-Haul Moving &amp; Storage of Bethany</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:99pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">2425 N MacArthur Blvd</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:112.5pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">OKLAHOMA CITY</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:49.5pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">OK</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:40.5pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">73127</font></p>
                    </td>
                </tr>
                <tr style="height:12.75pt">
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-left-color:#000000; border-left-style:solid; border-left-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:44.2pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">883094</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:100.55pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">U-Haul Moving &amp; Storage at Texas Central Pkwy</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:99pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">200 Texas Central Pkwy</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:112.5pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">WACO</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:49.5pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">T</font><font style="font-family:Arial; font-size:10pt">X</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:40.5pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">76712</font></p>
                    </td>
                </tr>
            </table>
            <p style="margin:0pt 0pt 6pt; text-indent:72pt; text-align:center"><a name="EDGAR_PAGE_END12"></a><a name="_GoBack"></a><font style="font-family:'Times New Roman'; font-size:12pt">&#xa0;</font></p>
        <div class="footer" style="clear:both">
            <br>
            <p style="margin:0pt; text-align:center"><a name="EDGAR_HF_F_START_1"></a><font style="font-family:'CG Times'; font-size:10pt">12</font><a name="EDGAR_HF_F_END_2"></a></p>
            <br>
        </div>
        </div>
    </body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-10.4
<SEQUENCE>5
<FILENAME>exhib104.htm
<DESCRIPTION>EXHIBIT 10.4 PMA THREE-D SAC
<TEXT>
<html>
    <head>
    </head>
    <body>
        <div style="clear:both;">
        <div class="header" style="clear:both">
            <br>
        </div>
            <p style="margin:0pt 43.2pt 12pt 36pt; text-align:center"><a name="EDGAR_PAGE_START1"></a><font style="font-family:'Times New Roman'; font-size:12pt; text-decoration:underline">RESTATED PROPERTY MANAGEMENT AGREEMENT</font></p>
            <p style="margin:0pt 0pt 6pt; text-indent:36pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">THIS RESTATED PROPERTY MANAGEMENT AGREEMENT (this &quot;</font><font style="font-family:'Times New Roman'; font-size:12pt; text-decoration:underline">Agreement</font><font style="font-family:'Times New Roman'; font-size:12pt">&quot;) is entered into as of October 1, 2013 among Three-D&#160; SAC Self-Storage Limited Partnership, a Nevada limited partnership (&quot;</font><font style="font-family:'Times New Roman'; font-size:12pt; text-decoration:underline">Owner</font><font style="font-family:'Times New Roman'; font-size:12pt">&quot;), and the subsidiaries </font><font style="font-family:'Times New Roman'; font-size:12pt">of U-Haul International, Inc. set forth on the signature block hereto (collectively or individually, as the case may be, &quot;</font><font style="font-family:'Times New Roman'; font-size:12pt; text-decoration:underline">Manager</font><font style="font-family:'Times New Roman'; font-size:12pt">&quot;).</font></p>
            <p style="margin:0pt 43.2pt 12pt 36pt; text-align:center"><font style="font-family:'Times New Roman'; font-size:12pt; text-decoration:underline">RECITALS</font></p>
            <p style="margin:0pt 4.5pt 0pt 0pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">A.</font><font style="font-family:'Times New Roman'; font-size:12pt">Owner owns the real property and all improvements thereon and appurtenances thereto located at the street addr</font><font style="font-family:'Times New Roman'; font-size:12pt">esses identified on Exhibit A hereto (hereinafter, collectively the &#8220;Property&#8221;).</font></p>
            <p style="margin:0pt 4.5pt 0pt 0pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">&#xa0;</font></p>
            <p style="margin:0pt 4.5pt 0pt 0pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">B.</font><font style="font-family:'Times New Roman'; font-size:12pt">Owner intends that the Property be rented on a space-by-space retail basis to corporations, partnerships, individuals and/or other entities for use as self-storage facili</font><font style="font-family:'Times New Roman'; font-size:12pt">ties.</font></p>
            <p style="margin:0pt 4.5pt 0pt 0pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">&#xa0;</font></p>
            <p style="margin:0pt 4.5pt 0pt 0pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">C.</font><font style="font-family:'Times New Roman'; font-size:12pt">Owner desires that Manager manage the Property and Manager desires to act as the property manager for the Property, all in accordance with the terms and conditions of this Agreement.</font></p>
            <p style="margin:0pt 4.5pt 0pt 0pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">&#xa0;</font></p>
            <p style="margin:0pt 4.5pt 0pt 0pt; text-align:justify"><font style="font-family:'CG Times'; font-size:12pt">NOW, THEREFORE, in consideration of the mutual covenants her</font><font style="font-family:'CG Times'; font-size:12pt">ein contained, the parties hereto hereby agree as follows.</font></p>
            <p style="margin:0pt 4.5pt 0pt 0pt; text-align:justify"><font style="font-family:'CG Times'; font-size:12pt">&#xa0;</font></p>
            <p style="margin:0pt 0pt 12pt 72pt; text-indent:-36pt; text-align:justify; page-break-after:avoid"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:normal; font-style:normal; font-variant:normal; text-decoration:none; text-transform:none">1.</font><font style="font:7.0pt 'Times New Roman'">&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0; </font><font style="font-family:'Times New Roman'; font-size:12pt; text-decoration:underline">Employment.</font></p>
            <p style="margin:0pt 0pt 12pt; text-indent:72pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:normal; font-style:normal; text-decoration:none; text-transform:none">(a)</font><font style="font:7.0pt 'Times New Roman'">&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0; </font><font style="font-family:'Times New Roman'; font-size:12pt">Owner hereby retains Manager, and Manager agrees to act as manager of the Property upon the terms and conditions hereinafter set forth.</font></p>
            <p style="margin:0pt 0pt 12pt; text-indent:72pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:normal; font-style:normal; text-decoration:none; text-transform:none">(b)</font><font style="font:7.0pt 'Times New Roman'">&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0; </font><font style="font-family:'Times New Roman'; font-size:12pt">Owner acknowledges that Manager, and/or Manager </font><font style="font-family:'Times New Roman'; font-size:12pt">affiliates, is in the business of managing self-storage facilities and businesses conducted thereat, including, but not limited to, the sale of packing supplies and rental of trucks and equipment, both for its own account and for the account of others.&#160; It</font><font style="font-family:'Times New Roman'; font-size:12pt"> is hereby expressly agreed that notwithstanding this Agreement, Manager and such affiliates may continue to engage in such activities, may manage facilities other than those presently managed by Manager and its affiliates (whether or not such other facili</font><font style="font-family:'Times New Roman'; font-size:12pt">ties may be in direct or indirect competition with Owner) and may in the future engage in other business which may compete directly or indirectly with activities of Owner.&#160; </font></p>
            <p style="margin:0pt 0pt 12pt; text-indent:72pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:normal; font-style:normal; text-decoration:none; text-transform:none">(c)</font><font style="font:7.0pt 'Times New Roman'">&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0; </font><font style="font-family:'Times New Roman'; font-size:12pt">In the performance of its duties under this Agreement, Manager shall occupy the po</font><font style="font-family:'Times New Roman'; font-size:12pt">sition of an independent contractor with respect to Owner.&#160; Nothing contained herein shall be construed as making the parties hereto (or any of them) partners or co-parties to a joint venture, nor construed as making Manager an employee of Owner.</font></p>
            <p style="margin:0pt 0pt 12pt 72pt; text-indent:-36pt; text-align:justify; page-break-after:avoid"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:normal; font-style:normal; font-variant:normal; text-decoration:none; text-transform:none">2.</font><font style="font:7.0pt 'Times New Roman'">&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0; </font><font style="font-family:'Times New Roman'; font-size:12pt; text-decoration:underline">Duties an</font><font style="font-family:'Times New Roman'; font-size:12pt; text-decoration:underline">d Authority of Manager.</font></p>
            <p style="margin:0pt 0pt 6pt; text-indent:72pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">Subject to the terms and conditions of this Agreement, on behalf of, and as agent of, the Owner:</font></p>
            <p style="margin:0pt 0pt 12pt; text-indent:72pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:normal; font-style:normal; text-decoration:none; text-transform:none">(a)</font><font style="font:7.0pt 'Times New Roman'">&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0; </font><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:bold">General Duties and Authority</font><font style="font-family:'Times New Roman'; font-size:12pt">.&#160; Manager shall have the sole and exclusive duty and authority to fully manage the Property and supervise </font><font style="font-family:'Times New Roman'; font-size:12pt">and direct the business</font><a name="EDGAR_PAGE_END1"></a></p>
        <div class="footer" style="clear:both">
            <br>
            <p style="margin:0pt; text-align:center"><a name="EDGAR_HF_F_START_1"></a><font style="font-family:'CG Times'; font-size:10pt"><!--1--></font><a name="EDGAR_HF_F_END_2"></a></p>
            <br>
        </div>
        </div>
        <div style="page-break-before:always; clear:both;">
        <div class="header" style="clear:both">
            <br>
        </div>
            <p style="margin:0pt 0pt 12pt; ; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt"> </font><a name="EDGAR_PAGE_START2"></a><font style="font-family:'Times New Roman'; font-size:12pt">and affairs associated or related to the daily operation thereof, to collect on behalf of Owner all revenues related to the Property, to pay on behalf of Owner all expenses of the Property, and to execute on behalf of Owner such doc</font><font style="font-family:'Times New Roman'; font-size:12pt">uments and instruments as, in the sole judgment of Manager, are reasonably necessary or advisable under the circumstances in order to fulfill Manager's duties hereunder.&#160; Such duties and authority shall include, without limitation, those set forth below.&#160; </font><font style="font-family:'Times New Roman'; font-size:12pt">Notwithstanding the foregoing or any other term or provision herein, upon notice to Manager, Owner shall have the right to assume responsibility for the direct payment of certain expenses of Owner, as may be determined by Owner.&#160; In such event, Owner shall</font><font style="font-family:'Times New Roman'; font-size:12pt"> provide an accounting of such costs to Manager.&#160; In the event Owner fails to provide such accounting to Manager, Manager shall assume no liability for nonpayment for such expenses so assumed by Owner.&#160;&#160; The parties acknowledge and agree that Owner will re</font><font style="font-family:'Times New Roman'; font-size:12pt">tain title to, ownership of, and exclusive right to control the Property, subject to the terms of this Agreement, and that portion of the Gross Revenue (as hereinafter defined) owned by Owner (&#8220;Owner&#8217;s Revenue&#8221;); and that Manager will not acquire title to,</font><font style="font-family:'Times New Roman'; font-size:12pt"> any interest in, or any income or revenues from the Property or Owner&#8217;s Revenue.&#160; For purposes of this Agreement, Owner&#8217;s Revenue consists of the revenue from storage operations, retail sales, miscellaneous income and the commissions (&#8220;U-Move Commissions&#8221;</font><font style="font-family:'Times New Roman'; font-size:12pt">) paid to Owner pursuant to the terms of that Dealership Contract between Owner and Manager dated as of the date hereof (the &#8220;Dealer Contract&#8221;), in each case with respect to the Property. In performing its services and making any payments hereunder, Manage</font><font style="font-family:'Times New Roman'; font-size:12pt">r will make known to third parties that Manager is acting solely as the agent of Owner.&#160; Under no circumstances will Manager represent or hold itself out to any third party as having any title to or property interest in the Property or Owner&#8217;s Revenue.&#160; </font></p>
            <p style="margin:0pt 0pt 12pt; text-indent:72pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:normal; font-style:normal; text-decoration:none; text-transform:none">(b)</font><font style="font:7.0pt 'Times New Roman'">&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0; </font><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:bold">R</font><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:bold">enting of the Property</font><font style="font-family:'Times New Roman'; font-size:12pt">.&#160; Manager shall establish policies and procedures for the marketing activities for the Property, and shall advertise the Property through such media as Manager deems advisable.&#160; Manager's marketing activities for the Property shall b</font><font style="font-family:'Times New Roman'; font-size:12pt">e consistent with the scope and quality implemented by Manager and its affiliates at any other properties operated by Manager or its affiliates.&#160; Manager shall have the sole discretion, which discretion shall be exercised in good faith, to establish the te</font><font style="font-family:'Times New Roman'; font-size:12pt">rms and conditions of occupancy by the tenants of the Property, and Manager is hereby authorized to enter into rental agreements on behalf and for the account of Owner with such tenants and to collect rent from such tenants on behalf and for the account of</font><font style="font-family:'Times New Roman'; font-size:12pt"> Owner. Manager may jointly advertise the Property with other properties owned or managed by Manager or its Affiliates, and in that event, Manager shall reasonably allocate the cost of such advertising among such properties.</font></p>
            <p style="margin:0pt 0pt 12pt; text-indent:72pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:normal; font-style:normal; text-decoration:none; text-transform:none">(c)</font><font style="font:7.0pt 'Times New Roman'">&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0; </font><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:bold">Repair, Maintenance and Improve</font><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:bold">ments</font><font style="font-family:'Times New Roman'; font-size:12pt">.&#160; Manager shall make, execute, supervise and have control over the making and executing of all decisions concerning the acquisition of furniture, fixtures and supplies for the Property, and may purchase, lease or otherwise acquire the same and which </font><font style="font-family:'Times New Roman'; font-size:12pt">items shall be owned by Manager.&#160; Manager shall make and execute, or supervise and have control over the making and executing of all decisions concerning the maintenance, repair and landscaping of the Property, provided, however, that such maintenance, rep</font><font style="font-family:'Times New Roman'; font-size:12pt">air and landscaping shall be consistent with the maintenance, repair and landscaping implemented by Manager and its affiliates at any other properties operated by Manager or its affiliates.&#160; Manager shall, on behalf of Owner, negotiate and contract for and</font><font style="font-family:'Times New Roman'; font-size:12pt"> supervise the installation of all capital improvements related to the Property; provided, however, that Manager agrees to secure the prior written approval of Owner on all such expenditures in excess of $10,000.00 for any one item, except monthly or recur</font><font style="font-family:'Times New Roman'; font-size:12pt">ring operating charges and/or</font><a name="EDGAR_PAGE_END2"></a></p>
        <div class="footer" style="clear:both">
            <br>
            <p style="margin:0pt; text-align:center"><a name="EDGAR_HF_F_START_1"></a><font style="font-family:'CG Times'; font-size:10pt">2</font><a name="EDGAR_HF_F_END_2"></a></p>
            <br>
        </div>
        </div>
        <div style="page-break-before:always; clear:both;">
        <div class="header" style="clear:both">
            <br>
        </div>
            <p style="margin:0pt 0pt 12pt; ; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt"> </font><a name="EDGAR_PAGE_START3"></a><font style="font-family:'Times New Roman'; font-size:12pt">emergency repairs if in the opinion of Manager such emergency repairs are necessary to protect the Property from damage or to maintain services to the Owner or any customers.&#160; In the event such emergency repairs exceed $10,000</font><font style="font-family:'Times New Roman'; font-size:12pt">, Manager shall notify Owner and the insurer as applicable of the cost estimate for such work.</font></p>
            <p style="margin:0pt 0pt 12pt; text-indent:72pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:normal; font-style:normal; text-decoration:none; text-transform:none">(d)</font><font style="font:7.0pt 'Times New Roman'">&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0; </font><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:bold">Personnel</font><font style="font-family:'Times New Roman'; font-size:12pt">.&#160; Manager shall select all vendors, suppliers, contractors, subcontractors and employees with respect to the Property and shall hire, discharge and sup</font><font style="font-family:'Times New Roman'; font-size:12pt">ervise all labor and employees required for the operation and maintenance of the Property.&#160; Any employees so hired shall be employees of Manager, and shall be carried on the payroll of Manager.&#160; Employees may include, but need not be limited to, on-site re</font><font style="font-family:'Times New Roman'; font-size:12pt">sident managers, on-site assistant managers, and relief managers located, rendering services, or performing activities on the Property in connection with its operation and management.&#160; The cost of employing such persons shall not exceed prevailing rates fo</font><font style="font-family:'Times New Roman'; font-size:12pt">r comparable persons performing the same or similar services with respect to real estate similar to the Property in the general vicinity of each respective Property.&#160; Manager shall be responsible for all legal and insurance requirements relating to its emp</font><font style="font-family:'Times New Roman'; font-size:12pt">loyees.</font></p>
            <p style="margin:0pt 0pt 12pt; text-indent:72pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:normal; font-style:normal; text-decoration:none; text-transform:none">(e)</font><font style="font:7.0pt 'Times New Roman'">&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0; </font><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:bold">Service Agreements</font><font style="font-family:'Times New Roman'; font-size:12pt">.&#160; Manager shall negotiate and execute on behalf of Owner such agreements which Manager deems necessary or advisable for the furnishing of utilities, services, concessions and supplies, for the maintenance, repair and operation of</font><font style="font-family:'Times New Roman'; font-size:12pt"> the Property and such other agreements which may benefit the Property or be incidental to the matters for which Manager is responsible hereunder.</font></p>
            <p style="margin:0pt 0pt 12pt; text-indent:72pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:normal; font-style:normal; text-decoration:none; text-transform:none">(f)</font><font style="font:7.0pt 'Times New Roman'">&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0; </font><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:bold">Other Decisions</font><font style="font-family:'Times New Roman'; font-size:12pt">.&#160; Manager shall make the decisions in connection with the day-to-day operations of the Proper</font><font style="font-family:'Times New Roman'; font-size:12pt">ty.</font></p>
            <p style="margin:0pt 0pt 12pt; text-indent:72pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:normal; font-style:normal; text-decoration:none; text-transform:none">(g)</font><font style="font:7.0pt 'Times New Roman'">&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0; </font><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:bold">Regulations and Permits</font><font style="font-family:'Times New Roman'; font-size:12pt">.&#160; Manager shall comply in all respects with any statute, ordinance, law, rule, regulation or order of any governmental or regulatory body pertaining to the Property (collectively, &quot;Laws&quot;), respecting the use of the Property or t</font><font style="font-family:'Times New Roman'; font-size:12pt">he maintenance or operation thereof, the non-compliance with which could reasonably be expected to have a material adverse effect on Owner or any Property.&#160; Manager shall apply for and obtain and maintain, on behalf of Owner, all licenses and permits requi</font><font style="font-family:'Times New Roman'; font-size:12pt">red or advisable (in the reasonable judgment of Manager) in connection with the management and operation of the Property.&#160; Notwithstanding the foregoing, Manager shall be permitted to contest any Applicable Laws to the extent and pursuant to the same condi</font><font style="font-family:'Times New Roman'; font-size:12pt">tions that Owner is permitted to contest any Laws.&#160; To the extent that Manager does not comply, Manager will be responsible for the costs and penalties incurred as a result of the non-compliance.</font></p>
            <p style="margin:0pt 0pt 12pt; text-indent:72pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:normal; font-style:normal; text-decoration:none; text-transform:none">(h)</font><font style="font:7.0pt 'Times New Roman'">&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0; </font><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:bold">Records and Reports of Disbursements and Collections</font><font style="font-family:'Times New Roman'; font-size:12pt">.&#160; Manag</font><font style="font-family:'Times New Roman'; font-size:12pt">er shall establish, supervise, direct and maintain the operation of a system of cash record keeping and bookkeeping with respect to all receipts and disbursements and all business activities and operations conducted by Manager in connection with the manage</font><font style="font-family:'Times New Roman'; font-size:12pt">ment and operation of the Property.&#160; Manager shall be responsible for cash shortages and discrepancies incurred in the normal course of management operations.&#160; The books, records and accounts shall be maintained at the Manager's office or at Owner's office</font><font style="font-family:'Times New Roman'; font-size:12pt">, or at such other location as Manager and Owner shall determine, and shall be available and open to examination and audit quarterly by Owner, its representatives, its lenders and administrative and collateral agents on behalf of lenders, if any</font><a name="EDGAR_PAGE_END3"></a></p>
        <div class="footer" style="clear:both">
            <br>
            <p style="margin:0pt; text-align:center"><a name="EDGAR_HF_F_START_1"></a><font style="font-family:'CG Times'; font-size:10pt">3</font><a name="EDGAR_HF_F_END_2"></a></p>
            <br>
        </div>
        </div>
        <div style="page-break-before:always; clear:both;">
        <div class="header" style="clear:both">
            <br>
        </div>
            <p style="margin:0pt 0pt 12pt; ; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt"> </font><a name="EDGAR_PAGE_START4"></a><font style="font-family:'Times New Roman'; font-size:12pt">(collectiv</font><font style="font-family:'Times New Roman'; font-size:12pt">ely, &#8220;Lender&#8221;), and as provided by Owner, and, subject to any mortgagee of the Property, and such mortgagee's representative.&#160; Manager shall cause to be prepared and delivered to Owner and, if Owner fails to provide such information to Lender pursuant to t</font><font style="font-family:'Times New Roman'; font-size:12pt">he Loan Documents, to Lender, a monthly statement on a per-Property basis, of receipts, expenses and charges, and any other information as reasonably required by Owner to prepare its financials statements, together with a statement, on a per-Property basis</font><font style="font-family:'Times New Roman'; font-size:12pt">, of the disbursements made by Manager during such period on Owner's behalf, which shall include separate lines for prepaid items and inventory.&#160; Manager shall provide Owner with rent rolls and occupancy reports if requested.</font></p>
            <p style="margin:0pt 0pt 12pt; text-indent:72pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:normal; font-style:normal; text-decoration:none; text-transform:none">(i)</font><font style="font:7.0pt 'Times New Roman'">&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0; </font><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:bold">Collection</font><font style="font-family:'Times New Roman'; font-size:12pt">.&#160; Manager shall be </font><font style="font-family:'Times New Roman'; font-size:12pt">responsible for the billing and collection of all receipts and for payment of all expenses with respect to the Property and shall be responsible for establishing policies and procedures to minimize the amount of bad debts. Bad debt incurred as a result of </font><font style="font-family:'Times New Roman'; font-size:12pt">non compliance with management policies and procedures (such as improper verifications or acceptance of bad credit cards or bad checks) will be the responsibility of Manager.&#160; </font></p>
            <p style="margin:0pt 0pt 12pt; text-indent:72pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:normal; font-style:normal; text-decoration:none; text-transform:none">(j)</font><font style="font:7.0pt 'Times New Roman'">&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0; </font><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:bold">Legal Actions</font><font style="font-family:'Times New Roman'; font-size:12pt">.&#160; Manager shall cause to be instituted, on behalf and in its name</font><font style="font-family:'Times New Roman'; font-size:12pt"> or in the name of Owner as appropriate, any and all legal actions or proceedings Manager deems necessary or advisable in connection with the Property, including, without limitation, to collect charges, rent or other income due to Owner with respect to the</font><font style="font-family:'Times New Roman'; font-size:12pt"> Property and to oust or dispossess tenants where appropriate or other persons unlawfully in possession under any lease, license, concession agreement or otherwise, and to collect damages for breach thereof or default thereunder by such Owner, licensee, co</font><font style="font-family:'Times New Roman'; font-size:12pt">ncessionaire or occupant.</font></p>
            <p style="margin:0pt 0pt 12pt; text-indent:72pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:normal; font-style:normal; text-decoration:none; text-transform:none">(k)</font><font style="font:7.0pt 'Times New Roman'">&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0; </font><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:bold">Insurance</font><font style="font-family:'Times New Roman'; font-size:12pt">.&#160; Manager will insure, on its Master Policy, against all liabilities at the Property at Manager&#8217;s sole cost and expense (&#8220;General Liability Insurance&#8221;). Any deductibles or self-insured retentions with respect to the Gene</font><font style="font-family:'Times New Roman'; font-size:12pt">ral Liability Insurance shall be at Manager&#8217;s (or Manager&#8217;s U-Haul affiliates&#8217;) responsibility and sole cost and expense.&#160;&#160; Manager will insure equipment at Manager&#8217;s cost, as determined by Manager.&#160; If requested by Owner, Manager will obtain for Owner, at</font><font style="font-family:'Times New Roman'; font-size:12pt"> Owner&#8217;s sole cost and expense, a policy of property insurance (&#8220;Property and Casualty Insurance&#8221;).&#160; Any such Property &amp; Casualty Insurance shall meet Lender&#8217;s required coverage, to include earthquake, flood and other Lender requirements, as the case may b</font><font style="font-family:'Times New Roman'; font-size:12pt">e, and shall be the cost of Owner.&#160; Manager&#8217;s obligations under this Section 2(k) shall be guaranteed by U-Haul International, Inc.&#160; </font></p>
            <p style="margin:0pt 0pt 12pt; text-indent:72pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:normal; font-style:normal; text-decoration:none; text-transform:none">(l)</font><font style="font:7.0pt 'Times New Roman'">&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0; </font><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:bold">Taxes</font><font style="font-family:'Times New Roman'; font-size:12pt">.&#160; During the term of this Agreement, Manager shall pay on behalf of Owner, prior to delinquency, real estate taxes, </font><font style="font-family:'Times New Roman'; font-size:12pt">personal property taxes, and other taxes assessed to, or levied upon, the Property, but only in the event requested by Owner.&#160; If requested, Manager will charge to Owner an expense monthly equal to 1/12 of annual- real property taxes.</font></p>
            <p style="margin:0pt 0pt 12pt; text-indent:72pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:normal; font-style:normal; text-decoration:none; text-transform:none">(m)</font><font style="font:7.0pt 'Times New Roman'">&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0; </font><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:bold">Limitations on Manage</font><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:bold">r Authority</font><font style="font-family:'Times New Roman'; font-size:12pt">.&#160; Notwithstanding anything to the contrary set forth in this Section 2, Manager shall not, without obtaining the prior written consent of Owner, (i) rent storage space in the Property by written lease or agreement for a stated term in excess of</font><font style="font-family:'Times New Roman'; font-size:12pt"> one year unless such lease or agreement is terminable by the giving of not more than thirty (30) days written notice, (ii) alter the building or other structures of the Property in violation of loan documents executed by Owner in connection with the Prope</font><font style="font-family:'Times New Roman'; font-size:12pt">rty (&#8220;Loan</font><a name="EDGAR_PAGE_END4"></a></p>
        <div class="footer" style="clear:both">
            <br>
            <p style="margin:0pt; text-align:center"><a name="EDGAR_HF_F_START_1"></a><font style="font-family:'CG Times'; font-size:10pt">4</font><a name="EDGAR_HF_F_END_2"></a></p>
            <br>
        </div>
        </div>
        <div style="page-break-before:always; clear:both;">
        <div class="header" style="clear:both">
            <br>
        </div>
            <p style="margin:0pt 0pt 12pt; ; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt"> </font><a name="EDGAR_PAGE_START5"></a><font style="font-family:'Times New Roman'; font-size:12pt">Documents&#8221;); (iii) enter on behalf of Owner any other agreements which exceed a term of one year and are not terminable on thirty day's notice at the will of Owner, without penalty, payment or surcharge; (iv) act in violation of any Law, (v) vio</font><font style="font-family:'Times New Roman'; font-size:12pt">late any term or condition of the Loan Documents; (vi) fail to correct any misunderstanding of any third party of which Manager becomes aware as to the separateness of Owner and Manager; or (vii) except as explicitly set forth in this Agreement, exercise a</font><font style="font-family:'Times New Roman'; font-size:12pt">ny authority to act on behalf of, or hold itself out has having authority to act on behalf of, Owner.&#160; </font></p>
            <p style="margin:0pt 0pt 12pt; text-indent:72pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:normal; font-style:normal; text-decoration:none; text-transform:none">(n)</font><font style="font:7.0pt 'Times New Roman'">&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0; </font><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:bold">Shared Expenses</font><font style="font-family:'Times New Roman'; font-size:12pt">.&#160; Owner acknowledges that certain economies may be achieved with respect to certain expenses to be incurred by Manager on behalf of Owne</font><font style="font-family:'Times New Roman'; font-size:12pt">r hereunder if materials, supplies, insurance or services are purchased by Manager in quantity for use not only in connection with Owner's business at the Property but in connection with other properties owned or managed by Manager or its affiliates.&#160; Mana</font><font style="font-family:'Times New Roman'; font-size:12pt">ger shall have the right to purchase such materials, supplies, insurance (subject to the terms of this Agreement) and/or services in its own name and charge Owner a pro rata allocable share of the cost of the foregoing; provided, however, that the pro rata</font><font style="font-family:'Times New Roman'; font-size:12pt"> cost of such purchase to Owner shall not result in expenses that are either inconsistent with the expenses of other &quot;U-Haul branded&quot; locations in the general vicinity of the applicable Property or greater than would otherwise be incurred at competitive pr</font><font style="font-family:'Times New Roman'; font-size:12pt">ices and terms available in the area where the Property is located; and provided further, Manager shall give Owner access to records (at no cost to Owner) so Owner may review any such expenses incurred.</font></p>
            <p style="margin:0pt 0pt 12pt; text-indent:72pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:normal; font-style:normal; text-decoration:none; text-transform:none">(o)</font><font style="font:7.0pt 'Times New Roman'">&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0; </font><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:bold">Deposit of Gross Revenues</font><font style="font-family:'Times New Roman'; font-size:12pt">.&#160; All revenue from operatio</font><font style="font-family:'Times New Roman'; font-size:12pt">ns at the Property (&#8220;Gross Revenue&#8221;) shall be deposited daily by Manager into (i) a bank account that has been established for the benefit of Owner (the &#8220;Deposit Account&#8221;) and maintained by Manager (or its parent company); or (ii) a collective bank account</font><font style="font-family:'Times New Roman'; font-size:12pt"> (the &#8220;Collective Account&#8221;) maintained by Manager (or its parent company) for the benefit of multiple property owners.&#160; In either case, although the account may be in Owner&#8217;s name, Owner&#8217;s right to the proceeds therein only extends to Owner&#8217;s Revenue.&#160; On </font><font style="font-family:'Times New Roman'; font-size:12pt">a daily basis, Manager shall transfer Owner&#8217;s Revenue in the Deposit Account or Collective Account, as the case may be, to Owner&#8217;s separately identified depositary account pledged to Lender (&#8220;Blocked Account&#8221;). To the extent that Gross Revenue is deposited</font><font style="font-family:'Times New Roman'; font-size:12pt"> into a Collective Account, Manager (or its parent company) shall on a daily basis reconcile such Collective Account and maintain such records as shall clearly identify the respective interest of each property owner in such account.&#160; Manager shall not, and</font><font style="font-family:'Times New Roman'; font-size:12pt"> shall not permit any other property owner or any affiliate of Manager to borrow, lend, use, pledge or otherwise encumber Owner&#8217;s Revenue while it is in a Deposit Account or Collective Account. Pursuant to the terms and conditions of that certain Cash Mana</font><font style="font-family:'Times New Roman'; font-size:12pt">gement Agreement dated as of the date hereof between Owner, U.S. Bank National Association as Agent and Administrative Agent, and Manager (the &#8220;Cash Management Agreement&#8221;), during a Cash Sweep Period (as defined in the Cash Management Agreement), the Owner</font><font style="font-family:'Times New Roman'; font-size:12pt">&#8217;s Revenue shall be transferred to the Cash Management Account and shall be governed by the terms of the Cash Management Agreement.&#160;&#160; The payment of Owner&#8217;s U-Move Commissions shall be governed by the terms of the Dealer Contract.&#160;&#160;&#160; Except as otherwise ex</font><font style="font-family:'Times New Roman'; font-size:12pt">pressly set forth above or in the Cash Management Agreement or Blocked Account Agreement (as defined in the Cash Management Agreement), nothing in this Section shall be construed to limit Owner&#8217;s access to Owner&#8217;s Revenue, except during a Cash Sweep Period</font><font style="font-family:'Times New Roman'; font-size:12pt">. Manager shall not deposit any Gross Revenues into any deposit accounts except as expressly permitted under this paragraph.&#160;&#160; </font><a name="EDGAR_PAGE_END5"></a></p>
        <div class="footer" style="clear:both">
            <br>
            <p style="margin:0pt; text-align:center"><a name="EDGAR_HF_F_START_1"></a><font style="font-family:'CG Times'; font-size:10pt">5</font><a name="EDGAR_HF_F_END_2"></a></p>
            <br>
        </div>
        </div>
        <div style="page-break-before:always; clear:both;">
        <div class="header" style="clear:both">
            <br>
        </div>
            <p style="margin:0pt 0pt 12pt; text-indent:72pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:normal; font-style:normal; text-decoration:none; text-transform:none">(p)</font><font style="font:7.0pt 'Times New Roman'">&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0; </font><a name="EDGAR_PAGE_START6"></a><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:bold">Obligations under Loan Documents and other Material Contracts</font><font style="font-family:'Times New Roman'; font-size:12pt">.&#160; Manager shall take such actions as are necessary or appropriate </font><font style="font-family:'Times New Roman'; font-size:12pt">under the circumstances to ensure, to the extent Manager is privy to the information, that Owner is in compliance with the terms of the Loan Documents and any other material agreement relating to the Property to which Owner is a party and for which Manager</font><font style="font-family:'Times New Roman'; font-size:12pt"> is privy to the information.&#160; Notwithstanding the foregoing, nothing herein contained shall be deemed to obligate Manager to fund from its own resources any payments owed by Owner under the Loan Documents or otherwise be deemed to make Manager a direct ob</font><font style="font-family:'Times New Roman'; font-size:12pt">ligor under the Loan Documents.</font></p>
            <p style="margin:0pt 0pt 12pt; text-indent:72pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:normal; font-style:normal; text-decoration:none; text-transform:none">(q)</font><font style="font:7.0pt 'Times New Roman'">&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0; </font><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:bold">Obligations notwithstanding other Tenancy at the Property</font><font style="font-family:'Times New Roman'; font-size:12pt">.&#160; Manager shall perform all of its obligations under this Agreement in a professional manner consistent with the standards it employs at all of its managed locations.</font><font style="font-family:'Times New Roman'; font-size:12pt">&#160; </font></p>
            <p style="margin:0pt 0pt 12pt; text-indent:72pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:normal; font-style:normal; text-decoration:none; text-transform:none">(r)</font><font style="font:7.0pt 'Times New Roman'">&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0; </font><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:bold">Segregation</font><font style="font-family:'Times New Roman'; font-size:12pt">.&#160;&#160; Owner and Manager shall maintain the Property and Owner&#8217;s Revenue in such a manner that it is not costly or difficult to segregate, ascertain or identify Owner&#8217;s individual assets from those of Manager or any other person.&#160;&#160; </font></p>
            <p style="margin:0pt 0pt 12pt 72pt; text-indent:-36pt; text-align:justify; page-break-after:avoid"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:normal; font-style:normal; font-variant:normal; text-decoration:none; text-transform:none">3.</font><font style="font:7.0pt 'Times New Roman'">&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0; </font><font style="font-family:'Times New Roman'; font-size:12pt; text-decoration:underline">Duties of Owner.&#160; </font></p>
            <p style="margin:0pt 0pt 6pt; text-indent:72pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">Owner shall cooperate with Manager in the performance of Manager's duties under this Agreement and to that end, upon the request of Manager, shall provide, at such rental charges, if any, as are deemed appropriate, reasonable office spac</font><font style="font-family:'Times New Roman'; font-size:12pt">e for Manager employees on the premises of the Property (to the extent available). Owner shall not unreasonably withhold or delay any consent or authorization to Manager required or appropriate under this Agreement.&#160; Owner shall provide Manager with copies</font><font style="font-family:'Times New Roman'; font-size:12pt"> of all Loan Documents and any amendments thereto.&#160; </font></p>
            <p style="margin:0pt 0pt 12pt 72pt; text-indent:-36pt; text-align:justify; page-break-after:avoid"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:normal; font-style:normal; font-variant:normal; text-decoration:none; text-transform:none">4.</font><font style="font:7.0pt 'Times New Roman'">&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0; </font><font style="font-family:'Times New Roman'; font-size:12pt; text-decoration:underline">Compensation of Manager.</font></p>
            <p style="margin:0pt 0pt 12pt; text-indent:72pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:normal; font-style:normal; text-decoration:none; text-transform:none">(a)</font><font style="font:7.0pt 'Times New Roman'">&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0; </font><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:bold">Reimbursement of Expenses</font><font style="font-family:'Times New Roman'; font-size:12pt">.&#160; Manager shall be entitled to request and receive timely reimbursement for all timely authorized out-of-pocket reasonable and customary expenses (&#8220;Expe</font><font style="font-family:'Times New Roman'; font-size:12pt">nses&#8221;) actually incurred by Manager in the discharge of its duties hereunder.&#160; Such expense reimbursement shall be due by the last business day of each month, for all expenses billed during such month, unless a written request is received by Manager detail</font><font style="font-family:'Times New Roman'; font-size:12pt">ing a legitimate dispute as to a billed amount.&#160;&#160;&#160; Such reimbursement shall be the obligation of Owner, whether or not Owner&#8217;s Revenues are sufficient to pay such amounts.&#160; Unpaid balances shall accrue interest at the rate of the 30 day libor + 100 basis p</font><font style="font-family:'Times New Roman'; font-size:12pt">oints, commencing as of the first day of the month following the due date therefor, or the first day of the month&#160; following resolution of the dispute. </font></p>
            <p style="margin:0pt 0pt 12pt; text-indent:72pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:normal; font-style:normal; text-decoration:none; text-transform:none">(b)</font><font style="font:7.0pt 'Times New Roman'">&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0; </font><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:bold">Management Fee</font><font style="font-family:'Times New Roman'; font-size:12pt">.&#160; Owner shall pay to Manager as the full amount due for the services herein provided a m</font><font style="font-family:'Times New Roman'; font-size:12pt">onthly fee (the &#8220;Management Fee&#8221;) which shall be six percent (6%) of the Property&#8217;s current month Owner&#8217;s Revenue, as determined on a cash basis.&#160; The Management Fee payment shall be included with the reimbursement of Expenses pursuant to Section 4(a) abov</font><font style="font-family:'Times New Roman'; font-size:12pt">e, for the same month.&#160; The invoice for the management fee shall be itemized and shall include reasonable detail to explain the expenses incurred. </font><a name="EDGAR_PAGE_END6"></a></p>
        <div class="footer" style="clear:both">
            <br>
            <p style="margin:0pt; text-align:center"><a name="EDGAR_HF_F_START_1"></a><font style="font-family:'CG Times'; font-size:10pt">6</font><a name="EDGAR_HF_F_END_2"></a></p>
            <br>
        </div>
        </div>
        <div style="page-break-before:always; clear:both;">
        <div class="header" style="clear:both">
            <br>
        </div>
            <p style="margin:0pt 0pt 6pt; text-indent:72pt; text-align:justify"><a name="EDGAR_PAGE_START7"></a><font style="font-family:'Times New Roman'; font-size:12pt">Except as provided in this Section 4, it is further understood and agreed that Manager shall not be entitled</font><font style="font-family:'Times New Roman'; font-size:12pt"> to additional compensation of any kind in connection with the performance by it of its duties under this Agreement.</font></p>
            <p style="margin:0pt 0pt 12pt; text-indent:72pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:normal; font-style:normal; text-decoration:none; text-transform:none">(c)</font><font style="font:7.0pt 'Times New Roman'">&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0; </font><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:bold">Inspection of Books and Records</font><font style="font-family:'Times New Roman'; font-size:12pt">.&#160; Owner shall have the right, upon prior reasonable notice to Manager, to inspect Manager's books and recor</font><font style="font-family:'Times New Roman'; font-size:12pt">ds with respect to the Property, to assure that proper fees and charges are assessed hereunder.&#160; Manager shall cooperate with any such inspection.&#160; Owner shall bear the cost of any such inspection; provided, however, that if it is clearly demonstrated that</font><font style="font-family:'Times New Roman'; font-size:12pt"> Manager has overcharged Owner by more than 5% in any given quarter and such overcharge was not caused in whole pr part by Owner, the cost of such inspection shall be borne by Manager. Manager shall promptly reimburse Owner for any overpayment.</font></p>
            <p style="margin:0pt 0pt 12pt 72pt; text-indent:-36pt; text-align:justify; page-break-after:avoid"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:normal; font-style:normal; font-variant:normal; text-decoration:none; text-transform:none">5.</font><font style="font:7.0pt 'Times New Roman'">&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0; </font><font style="font-family:'Times New Roman'; font-size:12pt; text-decoration:underline">Use of Trad</font><font style="font-family:'Times New Roman'; font-size:12pt; text-decoration:underline">emarks, Service Marks and Related Items.</font></p>
            <p style="margin:0pt 0pt 6pt; text-indent:72pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">Owner acknowledges the significant value of the &quot;U-Haul&quot; name in the operations of Owner's property and it is therefore understood and agreed that the name, trademark and service mark &quot;U-Haul&quot;, and related marks, sl</font><font style="font-family:'Times New Roman'; font-size:12pt">ogans, caricatures, designs and other trade or service items (the &quot;</font><font style="font-family:'Times New Roman'; font-size:12pt; text-decoration:underline">Manager Trade Marks</font><font style="font-family:'Times New Roman'; font-size:12pt">&quot;) shall be utilized for the non-exclusive benefit of Owner in the rental and operation of the Property, and in comparable operations elsewhere.&#160; It is further understood</font><font style="font-family:'Times New Roman'; font-size:12pt"> and agreed that this name and all such marks, slogans, caricatures, designs and other trade or service items shall remain and be at all times the property of Manager and its affiliates, and that, except as expressly provided in this Agreement, Owner shall</font><font style="font-family:'Times New Roman'; font-size:12pt"> have no right whatsoever therein.&#160; Owner agrees that during the term of this Agreement the sign faces at the property will have the name &quot;U-Haul.&quot;&#160; Upon termination of this Agreement at any time for any reason, all such use by and for the benefit of Owner</font><font style="font-family:'Times New Roman'; font-size:12pt"> of any such name, mark, slogan, caricature, design or other trade or service item in connection with the Property shall be terminated and any signs bearing any of the foregoing shall be removed from view and no longer used by Owner.&#160; In addition, upon ter</font><font style="font-family:'Times New Roman'; font-size:12pt">mination of this Agreement at any time for any reason, Owner shall not enter into any new leases of Property using the Manager lease form or use other forms prepared by Manager.&#160; It is understood and agreed that Manager will use and shall be unrestricted i</font><font style="font-family:'Times New Roman'; font-size:12pt">n its use of such name, mark, slogan, caricature, design or other trade or service item in the management and operation of other storage facilities both during and after the expiration or termination of the term of this Agreement.&#160; </font></p>
            <p style="margin:0pt 0pt 12pt 72pt; text-indent:-36pt; text-align:justify; page-break-after:avoid"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:normal; font-style:normal; font-variant:normal; text-decoration:none; text-transform:none">6.</font><font style="font:7.0pt 'Times New Roman'">&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0; </font><font style="font-family:'Times New Roman'; font-size:12pt; text-decoration:underline">Default; Termination.&#160; </font></p>
            <p style="margin:0pt 0pt 12pt; text-indent:72pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:normal; font-style:normal; text-decoration:none; text-transform:none">(a)</font><font style="font:7.0pt 'Times New Roman'">&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0; </font><font style="font-family:'Times New Roman'; font-size:12pt">Any material failure by Manager or Owner (a &quot;</font><font style="font-family:'Times New Roman'; font-size:12pt; text-decoration:underline">Defaulting Party</font><font style="font-family:'Times New Roman'; font-size:12pt">&quot;) to perform its respective duties or obligations hereunder (other than a default by Owner under Section 4 of this Agreement), which material failure is not cured within thirty (30) calendar da</font><font style="font-family:'Times New Roman'; font-size:12pt">ys after receipt of written notice of such failure from the non-defaulting party, shall constitute an event of default hereunder; provided, however, the foregoing shall not constitute an event of default hereunder in the event the Defaulting Party commence</font><font style="font-family:'Times New Roman'; font-size:12pt">s cure of such material failure within such thirty (30) day period and diligently prosecutes the cure of such material failure thereafter but in no event shall such extended cure period exceed ninety (90) days from the date of receipt by the non-defaulting</font><font style="font-family:'Times New Roman'; font-size:12pt"> party of written notice of such material default; provided further, however, that in the event such material failure constitutes a default under the terms of the Loan Documents and the cure period for such matter under the Loan Documents is shorter than t</font><font style="font-family:'Times New Roman'; font-size:12pt">he</font><a name="EDGAR_PAGE_END7"></a></p>
        <div class="footer" style="clear:both">
            <br>
            <p style="margin:0pt; text-align:center"><a name="EDGAR_HF_F_START_1"></a><font style="font-family:'CG Times'; font-size:10pt">7</font><a name="EDGAR_HF_F_END_2"></a></p>
            <br>
        </div>
        </div>
        <div style="page-break-before:always; clear:both;">
        <div class="header" style="clear:both">
            <br>
        </div>
            <p style="margin:0pt 0pt 12pt; ; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt"> </font><a name="EDGAR_PAGE_START8"></a><font style="font-family:'Times New Roman'; font-size:12pt">cure period specified herein, the cure period specified herein shall automatically shorten such that it shall match the cure period for such matter as specified under the Loan Documents. In addition, following notice to Manager of the existence of any s</font><font style="font-family:'Times New Roman'; font-size:12pt">uch material failure by Manager, Owner shall have the right to cure any such material failure by Manager, and any sums so expended in curing shall be owed by Manager to such curing party and may be offset against any sums owed to Manager under this Agreeme</font><font style="font-family:'Times New Roman'; font-size:12pt">nt.</font></p>
            <p style="margin:0pt 0pt 12pt; text-indent:72pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:normal; font-style:normal; text-decoration:none; text-transform:none">(b)</font><font style="font:7.0pt 'Times New Roman'">&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0; </font><font style="font-family:'Times New Roman'; font-size:12pt">Any material failure by Owner to perform its duties or obligations under Section 4, which material failure is not cured within ten (10) calendar days after receipt of written notice of such failure from Manager, shall constitute an event of default her</font><font style="font-family:'Times New Roman'; font-size:12pt">eunder.&#160; </font></p>
            <p style="margin:0pt 0pt 12pt; text-indent:72pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:normal; font-style:normal; text-decoration:none; text-transform:none">(c)</font><font style="font:7.0pt 'Times New Roman'">&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0; </font><font style="font-family:'Times New Roman'; font-size:12pt">Subject to the terms of the Loan Documents, either party hereto shall have&#160; the right to terminate this Agreement, without cause, by giving not less than ninety (90) days' written notice to the other party hereto, and with cause by giving not les</font><font style="font-family:'Times New Roman'; font-size:12pt">s than thirty (30) days written notice to the other party hereto, in both cases pursuant to Section 14 hereof.&#160;&#160; </font></p>
            <p style="margin:0pt 0pt 12pt; text-indent:72pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:normal; font-style:normal; text-decoration:none; text-transform:none">(d)</font><font style="font:7.0pt 'Times New Roman'">&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0; </font><font style="font-family:'Times New Roman'; font-size:12pt">Upon termination of this Agreement, (x) Manager shall promptly return to Owner all monies, books, records and other materials held by Manager </font><font style="font-family:'Times New Roman'; font-size:12pt">for or on behalf of Owner and shall otherwise cooperate with Owner to promote and ensure a smooth transition to the new manager and (y) Manager shall be entitled to receive its Management Fee and reimbursement of expenses through the effective date of such</font><font style="font-family:'Times New Roman'; font-size:12pt"> termination, including the reimbursement of any prepaid expenses for periods beyond the date of termination (such as Yellow Pages advertising).&#160;&#160;&#160; </font></p>
            <p style="margin:0pt 0pt 12pt 72pt; text-indent:-36pt; text-align:justify; page-break-after:avoid"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:normal; font-style:normal; font-variant:normal; text-decoration:none; text-transform:none">7.</font><font style="font:7.0pt 'Times New Roman'">&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0; </font><font style="font-family:'Times New Roman'; font-size:12pt; text-decoration:underline">Indemnification.&#160; </font></p>
            <p style="margin:0pt 0pt 6pt; text-indent:72pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">Manager hereby agrees to indemnify, defend and hold Owner, all persons and companies aff</font><font style="font-family:'Times New Roman'; font-size:12pt">iliated with Owner, and all officers, shareholders, directors, employees and agents of Owner and of any affiliated companies or persons (collectively, the &quot;Indemnified Persons&quot;) harmless from any and all costs, expenses, attorneys' fees, suits, liabilities</font><font style="font-family:'Times New Roman'; font-size:12pt">, judgments, damages, and claims in connection with the management of the Property and operations thereon (including the loss of use thereof following any damage, injury or destruction), arising from any cause or matter whatsoever, including, without limit</font><font style="font-family:'Times New Roman'; font-size:12pt">ation, any environmental condition or matter caused by Manager&#8217;s operation of the Property, except to the extent attributable to the willful misconduct or negligence on the part of the Indemnified Persons. </font></p>
            <p style="margin:0pt 0pt 12pt 72pt; text-indent:-36pt; text-align:justify; page-break-after:avoid"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:normal; font-style:normal; font-variant:normal; text-decoration:none; text-transform:none">8.</font><font style="font:7.0pt 'Times New Roman'">&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0; </font><font style="font-family:'Times New Roman'; font-size:12pt; text-decoration:underline">Assignment.&#160; </font></p>
            <p style="margin:0pt 0pt 6pt; text-indent:72pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">Manager shall not assign this Agree</font><font style="font-family:'Times New Roman'; font-size:12pt">ment, or any portion hereof of the duties hereunder, to any party without the consent of Owner.</font></p>
            <p style="margin:0pt 0pt 12pt 72pt; text-indent:-36pt; text-align:justify; page-break-after:avoid"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:normal; font-style:normal; font-variant:normal; text-decoration:none; text-transform:none">9.</font><font style="font:7.0pt 'Times New Roman'">&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0; </font><font style="font-family:'Times New Roman'; font-size:12pt; text-decoration:underline">Standard for Property Manager's Responsibility.</font></p>
            <p style="margin:0pt 0pt 6pt; text-indent:72pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">Manager agrees that it will perform its obligations hereunder according to industry standards, in good faith, and in a commercially reasonable manner.&#160; </font></p>
            <p style="margin:0pt 0pt 12pt 72pt; text-indent:-36pt; text-align:justify; page-break-after:avoid"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:normal; font-style:normal; font-variant:normal; text-decoration:none; text-transform:none">10.</font><font style="font:7.0pt 'Times New Roman'">&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0; </font><font style="font-family:'Times New Roman'; font-size:12pt; text-decoration:underline">Estoppel Certificate.&#160; </font></p>
            <p style="margin:0pt 0pt 6pt; text-indent:72pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">Each of Owner and Manager agree to execute and deliver to one another, from tim</font><font style="font-family:'Times New Roman'; font-size:12pt">e to time, within ten (10) business days of the requesting party's request, a statement in</font><a name="EDGAR_PAGE_END8"></a></p>
        <div class="footer" style="clear:both">
            <br>
            <p style="margin:0pt; text-align:center"><a name="EDGAR_HF_F_START_1"></a><font style="font-family:'CG Times'; font-size:10pt">8</font><a name="EDGAR_HF_F_END_2"></a></p>
            <br>
        </div>
        </div>
        <div style="page-break-before:always; clear:both;">
        <div class="header" style="clear:both">
            <br>
        </div>
            <p style="margin:0pt 0pt 6pt; ; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt"> </font><a name="EDGAR_PAGE_START9"></a><font style="font-family:'Times New Roman'; font-size:12pt">writing certifying, to the extent true, that this Agreement is in full force and effect, and acknowledging that there are not, to such parties knowledge, any uncured</font><font style="font-family:'Times New Roman'; font-size:12pt"> defaults or specifying such defaults if they are claimed and any such other matters as may be reasonably requested by such requesting party.</font></p>
            <p style="margin:0pt 0pt 12pt 72pt; text-indent:-36pt; text-align:justify; page-break-after:avoid"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:normal; font-style:normal; font-variant:normal; text-decoration:none; text-transform:none">11.</font><font style="font:7.0pt 'Times New Roman'">&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0; </font><font style="font-family:'Times New Roman'; font-size:12pt; text-decoration:underline">Term; Scope.</font></p>
            <p style="margin:0pt 0pt 6pt; text-indent:72pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">Subject to the provisions hereof, this Agreement shall have an initial term (such term, as extended o</font><font style="font-family:'Times New Roman'; font-size:12pt">r renewed in accordance with the provisions hereof, being called the &quot;</font><font style="font-family:'Times New Roman'; font-size:12pt; text-decoration:underline">Term</font><font style="font-family:'Times New Roman'; font-size:12pt">&quot;) commencing on the date hereof (the &quot;</font><font style="font-family:'Times New Roman'; font-size:12pt; text-decoration:underline">Commencement Date</font><font style="font-family:'Times New Roman'; font-size:12pt">&quot;) and ending on the later of (i) the last day of the 300th calendar month next following the date hereof or (ii) the maturity</font><font style="font-family:'Times New Roman'; font-size:12pt"> date, repayment or prepayment of all amounts due to Lender pursuant to the applicable Loan Documents (the &quot;</font><font style="font-family:'Times New Roman'; font-size:12pt; text-decoration:underline">Expiration Date</font><font style="font-family:'Times New Roman'; font-size:12pt">&quot;); provided however, the parties shall have the right upon mutual agreement to terminate this Agreement with respect to any individu</font><font style="font-family:'Times New Roman'; font-size:12pt">al Property no longer securing amounts due Lender pursuant to the applicable Loan Documents (for instance due to a significant casualty or condemnation of such Property).&#160;&#160;&#160;&#160;&#160; </font></p>
            <p style="margin:0pt 0pt 12pt 72pt; text-indent:-36pt; text-align:justify; page-break-after:avoid"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:normal; font-style:normal; font-variant:normal; text-decoration:none; text-transform:none">12.</font><font style="font:7.0pt 'Times New Roman'">&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0; </font><font style="font-family:'Times New Roman'; font-size:12pt; text-decoration:underline">Headings.</font></p>
            <p style="margin:0pt 0pt 6pt; text-indent:72pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">The headings contained herein are for convenience of reference only a</font><font style="font-family:'Times New Roman'; font-size:12pt">nd are not intended to define, limit or describe the scope or intent of any provision of this Agreement.</font></p>
            <p style="margin:0pt 0pt 12pt 72pt; text-indent:-36pt; text-align:justify; page-break-after:avoid"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:normal; font-style:normal; font-variant:normal; text-decoration:none; text-transform:none">13.</font><font style="font:7.0pt 'Times New Roman'">&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0; </font><font style="font-family:'Times New Roman'; font-size:12pt; text-decoration:underline">Governing Law.</font></p>
            <p style="margin:0pt 0pt 6pt; text-indent:72pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">The validity of this Agreement, the construction of its terms and the interpretation of the rights and duties of the parties shall be go</font><font style="font-family:'Times New Roman'; font-size:12pt">verned by the internal laws of the State of </font><font style="font-family:'Times New Roman'; font-size:12pt">Nevada</font><font style="font-family:'Times New Roman'; font-size:12pt">.</font></p>
            <p style="margin:0pt 0pt 12pt 72pt; text-indent:-36pt; text-align:justify; page-break-after:avoid"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:normal; font-style:normal; font-variant:normal; text-decoration:none; text-transform:none">14.</font><font style="font:7.0pt 'Times New Roman'">&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0; </font><font style="font-family:'Times New Roman'; font-size:12pt; text-decoration:underline">Notices.</font></p>
            <p style="margin:0pt"><font style="font-family:'Times New Roman'; font-size:12pt">Any notice required or permitted herein shall be in writing and shall be personally delivered or mailed first class postage prepaid or delivered by an overnight delivery service to the respective</font><font style="font-family:'Times New Roman'; font-size:12pt"> addresses of the parties set forth above on the first page of this Agreement, or to such other address as any party may give&#160; to the other in writing.&#160; Any notice required by this Agreement will be deemed to have been given when personally served or one d</font><font style="font-family:'Times New Roman'; font-size:12pt">ay after delivery to an overnight delivery service or five days after deposit in the first class mail. Any notice to Owner shall be to the attention of c/o SAC Holding Corporation, 1250 E. Missouri, </font><font style="font-family:'Times New Roman'; font-size:12pt">Phoenix</font><font style="font-family:'Times New Roman'; font-size:12pt">, </font><font style="font-family:'Times New Roman'; font-size:12pt">AZ</font><font style="font-family:'Times New Roman'; font-size:12pt">&#160; </font><font style="font-family:'Times New Roman'; font-size:12pt">85014</font><font style="font-family:'Times New Roman'; font-size:12pt">, Attn:&#160; Secretary. Any notice to Manag</font><font style="font-family:'Times New Roman'; font-size:12pt">er shall be to the attention of c/o U-Haul International, Inc., </font><font style="font-family:'Times New Roman'; font-size:12pt">2721 North Central Avenue</font><font style="font-family:'Times New Roman'; font-size:12pt">, </font><font style="font-family:'Times New Roman'; font-size:12pt">Phoenix</font><font style="font-family:'Times New Roman'; font-size:12pt">, </font><font style="font-family:'Times New Roman'; font-size:12pt">AZ</font><font style="font-family:'Times New Roman'; font-size:12pt"> </font><font style="font-family:'Times New Roman'; font-size:12pt">85004</font><font style="font-family:'Times New Roman'; font-size:12pt">, Attn:&#160; Chief Financial Officer.</font></p>
            <p style="margin:0pt"><font style="font-family:'Times New Roman'; font-size:12pt">&#xa0;</font></p>
            <p style="margin:0pt 0pt 12pt 72pt; text-indent:-36pt; text-align:justify; page-break-after:avoid"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:normal; font-style:normal; font-variant:normal; text-decoration:none; text-transform:none">15.</font><font style="font:7.0pt 'Times New Roman'">&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0; </font><font style="font-family:'Times New Roman'; font-size:12pt; text-decoration:underline">Severability.</font></p>
            <p style="margin:0pt 0pt 6pt; text-indent:72pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">Should any term or provision hereof be deemed invalid, void or unenforceable either in its entirety</font><font style="font-family:'Times New Roman'; font-size:12pt"> or in a particular application, the remainder of this Agreement shall nonetheless remain in full force and effect and, if the subject term or provision is deemed to be invalid, void or unenforceable only with respect to a particular application, such term</font><font style="font-family:'Times New Roman'; font-size:12pt"> or provision shall remain in full force and effect with respect to all other applications.</font><a name="EDGAR_PAGE_END9"></a></p>
        <div class="footer" style="clear:both">
            <br>
            <p style="margin:0pt; text-align:center"><a name="EDGAR_HF_F_START_1"></a><font style="font-family:'CG Times'; font-size:10pt">9</font><a name="EDGAR_HF_F_END_2"></a></p>
            <br>
        </div>
        </div>
        <div style="page-break-before:always; clear:both;">
        <div class="header" style="clear:both">
            <br>
        </div>
            <p style="margin:0pt 0pt 12pt 72pt; text-indent:-36pt; text-align:justify; page-break-after:avoid"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:normal; font-style:normal; font-variant:normal; text-decoration:none; text-transform:none">16.</font><font style="font:7.0pt 'Times New Roman'">&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0; </font><a name="EDGAR_PAGE_START10"></a><font style="font-family:'Times New Roman'; font-size:12pt; text-decoration:underline">Successors.</font></p>
            <p style="margin:0pt 0pt 6pt; text-indent:72pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">This Agreement shall be binding upon and inure to the benefit of the respective parties hereto and their permitted assigns and successors in interest.</font></p>
            <p style="margin:0pt 0pt 12pt 72pt; text-indent:-36pt; text-align:justify; page-break-after:avoid"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:normal; font-style:normal; font-variant:normal; text-decoration:none; text-transform:none">17.</font><font style="font:7.0pt 'Times New Roman'">&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0; </font><font style="font-family:'Times New Roman'; font-size:12pt; text-decoration:underline">A</font><font style="font-family:'Times New Roman'; font-size:12pt; text-decoration:underline">ttorneys' Fees.</font></p>
            <p style="margin:0pt 0pt 6pt; text-indent:72pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">If it shall become necessary for any party hereto to engage attorneys to institute legal action for the purpose of enforcing their respective rights hereunder or for the purpose of defending legal action brought by the other party hereto, t</font><font style="font-family:'Times New Roman'; font-size:12pt">he party or parties prevailing in such litigation shall be entitled to receive all costs, expenses and fees (including reasonable attorneys' fees) incurred by it in such litigation (including appeals).</font></p>
            <p style="margin:0pt 0pt 6pt; text-indent:36pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">18.</font><font style="font-family:'Times New Roman'; font-size:12pt; text-decoration:underline">Counterparts</font><font style="font-family:'Times New Roman'; font-size:12pt">.</font></p>
            <p style="margin:0pt 0pt 6pt; text-indent:72pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">This Agreement may be executed in </font><font style="font-family:'Times New Roman'; font-size:12pt">one or more counterparts, each of which shall be deemed an original, but all of which together shall constitute one and the same instrument.</font></p>
            <p style="margin:0pt 0pt 12pt 72pt; text-indent:-36pt; text-align:justify; page-break-after:avoid"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:normal; font-style:normal; font-variant:normal; text-decoration:none; text-transform:none">19.</font><font style="font:7.0pt 'Times New Roman'">&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0; </font><font style="font-family:'Times New Roman'; font-size:12pt; text-decoration:underline">Termination of Prior Agreement</font></p>
            <p style="margin:0pt 0pt 6pt; text-indent:72pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">This Agreement operates to terminate any prior property management agreement among O</font><font style="font-family:'Times New Roman'; font-size:12pt">wner and U-Haul with respect to the Property.&#160; The property management relationship among Owner and U-Haul with respect to the Property is restated as of the date hereof,&#160; as provided in this Agreement.&#160;&#160; </font></p>
            <p style="margin:0pt 0pt 6pt; text-indent:72pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">&#xa0;</font></p>
            <p style="margin:0pt 0pt 12pt 72pt; text-indent:-36pt; text-align:justify; page-break-after:avoid"><font style="font-family:'Times New Roman'; font-size:12pt">&#xa0;</font></p>
            <p style="margin:0pt 0pt 6pt; text-indent:72pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">&#xa0;</font></p>
            <p style="margin:0pt 0pt 6pt; text-indent:72pt; text-align:justify"><br style=" clear:both" /><a name="EDGAR_PAGE_END10"></a></p>
        <div class="footer" style="clear:both">
            <br>
            <p style="margin:0pt; text-align:center"><a name="EDGAR_HF_F_START_1"></a><font style="font-family:'CG Times'; font-size:10pt">10</font><a name="EDGAR_HF_F_END_2"></a></p>
            <br>
        </div>
        </div>
        <div style="page-break-before:always; clear:both;">
        <div class="header" style="clear:both">
            <br>
        </div>
            <p style="margin:0pt 0pt 6pt; text-indent:72pt; text-align:justify"><a name="EDGAR_PAGE_START11"></a><font style="font-family:'Times New Roman'; font-size:12pt">IN WITNESS WHEREOF, the undersigned execute </font><font style="font-family:'Times New Roman'; font-size:12pt">this Agreement as of the date set forth above.</font></p>
            <p style="margin:0pt 0pt 6pt; text-indent:72pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">&#xa0;</font></p>
            <p style="margin:0pt 0pt 6pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt; text-decoration:underline">Owner</font><font style="font-family:'Times New Roman'; font-size:12pt">:</font></p>
            <p style="margin:0pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">Three-D&#160; SAC Self-Storage Limited Partnership, </font></p>
            <p style="margin:0pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">a </font><font style="font-family:'Times New Roman'; font-size:12pt">Nevada</font><font style="font-family:'Times New Roman'; font-size:12pt"> limited partnership</font></p>
            <p style="margin:0pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">&#xa0;</font></p>
            <p style="margin:0pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">By: Three-D&#160; SAC Self-Storage GP Corporation, </font></p>
            <p style="margin:0pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">Its General Partner</font></p>
            <p style="margin:0pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">&#xa0;</font></p>
            <p style="margin:0pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">By: __________________________________</font></p>
            <p style="margin:0pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">Bruce Brock</font><font style="font-family:'Times New Roman'; font-size:12pt">hagen, Secretary</font></p>
            <p style="margin:0pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">&#xa0;</font></p>
            <p style="margin:0pt 0pt 6pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">&#xa0;</font></p>
            <p style="margin:0pt 0pt 6pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">&#xa0;</font></p>
            <p style="margin:0pt 0pt 6pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt; text-decoration:underline">Manager</font><font style="font-family:'Times New Roman'; font-size:12pt">:</font></p>
            <table cellspacing="0" cellpadding="0" style="border-collapse:collapse; margin-left:0pt; width:221.25pt">
                <tr style="height:12.75pt">
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-left-color:#000000; border-left-style:solid; border-left-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; border-top-color:#000000; border-top-style:solid; border-top-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:221.25pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">U-Haul Co. of California</font></p>
                    </td>
                </tr>
                <tr style="height:12.75pt">
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-left-color:#000000; border-left-style:solid; border-left-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:221.25pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">U-Haul Co. of Florida</font></p>
                    </td>
                </tr>
                <tr style="height:12.75pt">
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-left-color:#000000; border-left-style:solid; border-left-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:221.25pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">U-Haul Co. of Georgia</font></p>
                    </td>
                </tr>
                <tr style="height:12.75pt">
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-left-color:#000000; border-left-style:solid; border-left-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:221.25pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">U-Haul Co. of Massachusetts and Ohio, Inc.</font></p>
                    </td>
                </tr>
                <tr style="height:12.75pt">
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-left-color:#000000; border-left-style:solid; border-left-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:221.25pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">U-Haul Co. of Minnesota</font></p>
                    </td>
                </tr>
                <tr style="height:12.75pt">
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-left-color:#000000; border-left-style:solid; border-left-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:221.25pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">U-Haul Co. of New Hampshire, Inc.</font></p>
                    </td>
                </tr>
                <tr style="height:12.75pt">
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-left-color:#000000; border-left-style:solid; border-left-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:221.25pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">U-Haul Co. of Pennsylvania</font></p>
                    </td>
                </tr>
                <tr style="height:12.75pt">
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-left-color:#000000; border-left-style:solid; border-left-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:221.25pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">U-Haul Co. of Texas</font></p>
                    </td>
                </tr>
                <tr style="height:12.75pt">
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-left-color:#000000; border-left-style:solid; border-left-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:221.25pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">U-Haul Co. of Washington</font></p>
                    </td>
                </tr>
                <tr style="height:12.75pt">
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-left-color:#000000; border-left-style:solid; border-left-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:221.25pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">U-Haul Co. of Wisconsin, Inc.</font></p>
                    </td>
                </tr>
            </table>
            <p style="margin:0pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">&#xa0;</font></p>
            <p style="margin:0pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">By: ____________________________________</font></p>
            <p style="margin:0pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">Gary B. Horton, Treasurer</font></p>
            <p style="margin:0pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">&#xa0;</font></p>
            <p style="margin:0pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">&#xa0;</font></p>
            <p style="margin:0pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">With respect to Section 2(k) herein, U-Haul International, Inc., a Nevada corporation, hereby executes this Agreement and guar</font><font style="font-family:'Times New Roman'; font-size:12pt">antees Manager&#8217;s obligations under said Section 2(k).</font></p>
            <p style="margin:0pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">&#xa0;</font></p>
            <p style="margin:0pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">U-Haul International, Inc.</font></p>
            <p style="margin:0pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">&#xa0;</font></p>
            <p style="margin:0pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">By: _____________________________________</font></p>
            <p style="margin:0pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">Gary B. Horton, Treasurer&#160; </font></p>
            <p style="margin:0pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">&#xa0;</font></p>
            <p style="margin:0pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">&#xa0;</font></p>
            <p style="margin:0pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">&#xa0;</font></p>
        <div class="footer" style="clear:both">
            <br>
            <p style="margin:0pt; text-align:center"><a name="EDGAR_HF_F_START_1"></a><font style="font-family:'CG Times'; font-size:10pt">11</font><a name="EDGAR_HF_F_END_2"></a></p>
            <br>
        </div>
        </div>
        <div style="page-break-before:always; clear:both;">
        <div class="header" style="clear:both">
            <br>
        </div>
            <p style="margin:0pt 0pt 6pt; ; text-align:center"><a name="EDGAR_PAGE_START12"></a><font style="font-family:'Times New Roman'; font-size:12pt">Exhibit A</font></p>
            <p style="margin:0pt 0pt 6pt; text-indent:72pt; text-align:center"><font style="font-family:'Times New Roman'; font-size:12pt">&#xa0;</font></p>
            <p style="margin:0pt 0pt 6pt; text-indent:72pt; text-align:center"><font style="font-family:'Times New Roman'; font-size:12pt">List of Properties</font></p>
            <table cellspacing="0" cellpadding="0" style="border-collapse:collapse; margin-left:0pt; width:482.25pt">
                <tr style="height:12.75pt">
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-left-color:#000000; border-left-style:solid; border-left-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; border-top-color:#000000; border-top-style:solid; border-top-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:44.2pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">883095</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; border-top-color:#000000; border-top-style:solid; border-top-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:127.55pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">U-Haul Moving &amp; Storage at 47th Ave &amp; Hwy 99</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; border-top-color:#000000; border-top-style:solid; border-top-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:135pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">6414 44th St</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; border-top-color:#000000; border-top-style:solid; border-top-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:94.5pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">SACRAMENTO</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; border-top-color:#000000; border-top-style:solid; border-top-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:31.5pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">CA</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; border-top-color:#000000; border-top-style:solid; border-top-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:49.5pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">95823</font></p>
                    </td>
                </tr>
                <tr style="height:12.75pt">
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-left-color:#000000; border-left-style:solid; border-left-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:44.2pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">882085</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:127.55pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">U-Haul Moving &amp; Storage of Sunrise</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:135pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">4747 Nob Hill Rd</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:94.5pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">SUNRISE</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:31.5pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">F</font><font style="font-family:Arial; font-size:10pt">L</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:49.5pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">33351</font></p>
                    </td>
                </tr>
                <tr style="height:12.75pt">
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-left-color:#000000; border-left-style:solid; border-left-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:44.2pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">883031</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:127.55pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">U-Haul Storage of Ocala at Hwy 441</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:135pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">5555 S Pine Ave</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:94.5pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">OCALA</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:31.5pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">FL</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:49.5pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">34480</font></p>
                    </td>
                </tr>
                <tr style="height:12.75pt">
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-left-color:#000000; border-left-style:solid; border-left-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:44.2pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">883035</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:127.55pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">U-Haul Moving &amp; Storage of Longwood</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:135pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">650 N Ronald Reagan Blvd</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:94.5pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">LONGWOOD</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:31.5pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">F</font><font style="font-family:Arial; font-size:10pt">L</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:49.5pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">32750</font></p>
                    </td>
                </tr>
                <tr style="height:12.75pt">
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-left-color:#000000; border-left-style:solid; border-left-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:44.2pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">883086</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:127.55pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">U-Haul Moving &amp; Storage of Spring Hill</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:135pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">13416 Cortez Blvd</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:94.5pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">BROOKSVILLE</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:31.5pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">FL</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:49.5pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">34613</font></p>
                    </td>
                </tr>
                <tr style="height:12.75pt">
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-left-color:#000000; border-left-style:solid; border-left-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:44.2pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">884007</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:127.55pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">U-Haul Moving &amp; Storage at Moon Lake</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:135pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">10601 State Rd 52</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:94.5pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">HUDSON</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:31.5pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">FL</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:49.5pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">34669</font></p>
                    </td>
                </tr>
                <tr style="height:12.75pt">
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-left-color:#000000; border-left-style:solid; border-left-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:44.2pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">883066</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:127.55pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">U-Haul Moving &amp; Storage of College Park at Riverdale Rd</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:135pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">5691 Riverdale Rd</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:94.5pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">COLLEGE PARK</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:31.5pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">GA</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:49.5pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">30349</font></p>
                    </td>
                </tr>
                <tr style="height:12.75pt">
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-left-color:#000000; border-left-style:solid; border-left-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:44.2pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">883090</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:127.55pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">U-Haul Moving &amp; Storage of Holyoke</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:135pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">250 Appleton St</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:94.5pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">HOLYOKE</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:31.5pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">MA</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:49.5pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">01040</font></p>
                    </td>
                </tr>
                <tr style="height:12.75pt">
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-left-color:#000000; border-left-style:solid; border-left-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:44.2pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">883011</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:127.55pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">U-Haul Moving &amp; Storage of Maplewood</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:135pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">1195 E Hwy 36</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:94.5pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">MAPLEWOOD</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:31.5pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">MN</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:49.5pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">55109</font></p>
                    </td>
                </tr>
                <tr style="height:12.75pt">
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-left-color:#000000; border-left-style:solid; border-left-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:44.2pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">883039</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:127.55pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">U-Haul Moving &amp; Storage of Tilton</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:135pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">314 Laconia Rd Rte 3</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:94.5pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">TILTON</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:31.5pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">NH</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:49.5pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">03276</font></p>
                    </td>
                </tr>
                <tr style="height:12.75pt">
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-left-color:#000000; border-left-style:solid; border-left-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:44.2pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">883053</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:127.55pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">U-Haul Moving &amp; Storage at Worthington Galena Rd</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:135pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">7510 Worthington Galena Rd</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:94.5pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">COLUMBUS</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:31.5pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">OH</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:49.5pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">43085</font></p>
                    </td>
                </tr>
                <tr style="height:12.75pt">
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-left-color:#000000; border-left-style:solid; border-left-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:44.2pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">883057</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:127.55pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">U-Haul Moving &amp; Storage of Franklin Park</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:135pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">5394 Monroe St</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:94.5pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">TOLEDO</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:31.5pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">OH</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:49.5pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">43623</font></p>
                    </td>
                </tr>
                <tr style="height:12.75pt">
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-left-color:#000000; border-left-style:solid; border-left-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:44.2pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">884021</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:127.55pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">U-Haul Moving &amp; Storage at Worthington Galena Rd II**</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:135pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">7472-7500 </font><font style="font-family:Arial; font-size:10pt">Reliance St</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:94.5pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">WORTHINGTON</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:31.5pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">OH</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:49.5pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">43085</font></p>
                    </td>
                </tr>
                <tr style="height:12.75pt">
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-left-color:#000000; border-left-style:solid; border-left-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:44.2pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">883044</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:127.55pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">U-Haul Storage of Bethlehem Pike</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:135pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">272 Bethlehem Pike</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:94.5pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">COLMAR</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:31.5pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">PA</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:49.5pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">18915</font></p>
                    </td>
                </tr>
                <tr style="height:12.75pt">
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-left-color:#000000; border-left-style:solid; border-left-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:44.2pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">883021</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:127.55pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">U-Haul Moving &amp; Storage of Duncanville</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:135pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">1022 S Cedar Ridge Rd</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:94.5pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">DUNCANVILLE</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:31.5pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">T</font><font style="font-family:Arial; font-size:10pt">X</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:49.5pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">75137</font></p>
                    </td>
                </tr>
                <tr style="height:12.75pt">
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-left-color:#000000; border-left-style:solid; border-left-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:44.2pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">883058</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:127.55pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">U-Haul Moving &amp; Storage at S Loop 29</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:135pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">205 SW H K </font><font style="font-family:Arial; font-size:10pt">Dodgen Loop</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:94.5pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">TEMPLE</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:31.5pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">T</font><font style="font-family:Arial; font-size:10pt">X</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:49.5pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">76502</font></p>
                    </td>
                </tr>
                <tr style="height:12.75pt">
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-left-color:#000000; border-left-style:solid; border-left-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:44.2pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">883073</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:127.55pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">U-Haul Storage at Country Club - Carrollton</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:135pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">2220 Country Club Dr</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:94.5pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">CARROLLTON</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:31.5pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">T</font><font style="font-family:Arial; font-size:10pt">X</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:49.5pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">75006</font></p>
                    </td>
                </tr>
                <tr style="height:12.75pt">
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-left-color:#000000; border-left-style:solid; border-left-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:44.2pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">883061</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:127.55pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">U-Haul Moving &amp; Storage of Ferndale</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:135pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">5484 Barrett Rd</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:94.5pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">FERNDALE</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:31.5pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">W</font><font style="font-family:Arial; font-size:10pt">A</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:49.5pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">98248</font></p>
                    </td>
                </tr>
                <tr style="height:12.75pt">
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-left-color:#000000; border-left-style:solid; border-left-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:44.2pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">883026</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:127.55pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">U-Haul Moving &amp; Storage of Granville Station</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:135pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">8626</font><font style="font-family:Arial; font-size:10pt"> N Granville Rd</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:94.5pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">MILWAUKEE</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:31.5pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">W</font><font style="font-family:Arial; font-size:10pt">I</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:49.5pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">53224</font></p>
                    </td>
                </tr>
            </table>
            <p style="margin:0pt 0pt 6pt; text-indent:72pt; text-align:center"><font style="font-family:'Times New Roman'; font-size:12pt">&#xa0;</font></p>
            <p style="margin:0pt 0pt 6pt; text-indent:72pt; text-align:center"><a name="EDGAR_PAGE_END12"></a><a name="_GoBack"></a><font style="font-family:'Times New Roman'; font-size:12pt">&#xa0;</font></p>
        <div class="footer" style="clear:both">
            <br>
            <p style="margin:0pt; text-align:center"><a name="EDGAR_HF_F_START_1"></a><font style="font-family:'CG Times'; font-size:10pt">12</font><a name="EDGAR_HF_F_END_2"></a></p>
            <br>
        </div>
        </div>
    </body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-10.5
<SEQUENCE>6
<FILENAME>exhib105.htm
<DESCRIPTION>EXHIBIT 10.5 PMA GALAXY ONE
<TEXT>
<html>
    <head>
    </head>
    <body>
        <div style="clear:both;">
        <div class="header" style="clear:both">
            <br>
        </div>
            <p style="margin:0pt 43.2pt 12pt 36pt; text-align:center"><a name="EDGAR_PAGE_START1"></a><font style="font-family:'Times New Roman'; font-size:12pt; text-decoration:underline">RESTATED PROPERTY MANAGEMENT AGREEMENT</font></p>
            <p style="margin:0pt 0pt 6pt; text-indent:36pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">THIS RESTATED PROPERTY MANAGEMENT AGREEMENT (this &quot;</font><font style="font-family:'Times New Roman'; font-size:12pt; text-decoration:underline">Agreement</font><font style="font-family:'Times New Roman'; font-size:12pt">&quot;) is entered into as of October 1, 2013 among Galaxy Storage One, L.P., a Nevada limited partnership (&quot;</font><font style="font-family:'Times New Roman'; font-size:12pt; text-decoration:underline">Owner</font><font style="font-family:'Times New Roman'; font-size:12pt">&quot;), and the subsidiaries of U-Haul </font><font style="font-family:'Times New Roman'; font-size:12pt">International, Inc. set forth on the signature block hereto (collectively or individually, as the case may be, &quot;</font><font style="font-family:'Times New Roman'; font-size:12pt; text-decoration:underline">Manager</font><font style="font-family:'Times New Roman'; font-size:12pt">&quot;).</font></p>
            <p style="margin:0pt 43.2pt 12pt 36pt; text-align:center"><font style="font-family:'Times New Roman'; font-size:12pt; text-decoration:underline">RECITALS</font></p>
            <p style="margin:0pt 4.5pt 0pt 0pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">A.</font><font style="font-family:'Times New Roman'; font-size:12pt">Owner owns the real property and all improvements thereon and appurtenances thereto located at the street addresses iden</font><font style="font-family:'Times New Roman'; font-size:12pt">tified on Exhibit A hereto (hereinafter, collectively the &#8220;Property&#8221;).</font></p>
            <p style="margin:0pt 4.5pt 0pt 0pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">&#xa0;</font></p>
            <p style="margin:0pt 4.5pt 0pt 0pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">B.</font><font style="font-family:'Times New Roman'; font-size:12pt">Owner intends that the Property be rented on a space-by-space retail basis to corporations, partnerships, individuals and/or other entities for use as self-storage facilities.</font></p>
            <p style="margin:0pt 4.5pt 0pt 0pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">&#xa0;</font></p>
            <p style="margin:0pt 4.5pt 0pt 0pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">C.</font><font style="font-family:'Times New Roman'; font-size:12pt">Owner desires that Manager manage the Property and Manager desires to act as the property manager for the Property, all in accordance with the terms and conditions of this Agreement.</font></p>
            <p style="margin:0pt 4.5pt 0pt 0pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">&#xa0;</font></p>
            <p style="margin:0pt 4.5pt 0pt 0pt; text-align:justify"><font style="font-family:'CG Times'; font-size:12pt">NOW, THEREFORE, in consideration of the mutual covenants herein contai</font><font style="font-family:'CG Times'; font-size:12pt">ned, the parties hereto hereby agree as follows.</font></p>
            <p style="margin:0pt 4.5pt 0pt 0pt; text-align:justify"><font style="font-family:'CG Times'; font-size:12pt">&#xa0;</font></p>
            <p style="margin:0pt 0pt 12pt 72pt; text-indent:-36pt; text-align:justify; page-break-after:avoid"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:normal; font-style:normal; font-variant:normal; text-decoration:none; text-transform:none">1.</font><font style="font:7.0pt 'Times New Roman'">&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0; </font><font style="font-family:'Times New Roman'; font-size:12pt; text-decoration:underline">Employment.</font></p>
            <p style="margin:0pt 0pt 12pt; text-indent:72pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:normal; font-style:normal; text-decoration:none; text-transform:none">(a)</font><font style="font:7.0pt 'Times New Roman'">&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0; </font><font style="font-family:'Times New Roman'; font-size:12pt">Owner hereby retains Manager, and Manager agrees to act as manager of the Property upon the terms and conditions hereinafter set forth.</font></p>
            <p style="margin:0pt 0pt 12pt; text-indent:72pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:normal; font-style:normal; text-decoration:none; text-transform:none">(b)</font><font style="font:7.0pt 'Times New Roman'">&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0; </font><font style="font-family:'Times New Roman'; font-size:12pt">Owner acknowledges that Manager, and/or Manager affiliates</font><font style="font-family:'Times New Roman'; font-size:12pt">, is in the business of managing self-storage facilities and businesses conducted thereat, including, but not limited to, the sale of packing supplies and rental of trucks and equipment, both for its own account and for the account of others.&#160; It is hereby</font><font style="font-family:'Times New Roman'; font-size:12pt"> expressly agreed that notwithstanding this Agreement, Manager and such affiliates may continue to engage in such activities, may manage facilities other than those presently managed by Manager and its affiliates (whether or not such other facilities may b</font><font style="font-family:'Times New Roman'; font-size:12pt">e in direct or indirect competition with Owner) and may in the future engage in other business which may compete directly or indirectly with activities of Owner.&#160; </font></p>
            <p style="margin:0pt 0pt 12pt; text-indent:72pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:normal; font-style:normal; text-decoration:none; text-transform:none">(c)</font><font style="font:7.0pt 'Times New Roman'">&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0; </font><font style="font-family:'Times New Roman'; font-size:12pt">In the performance of its duties under this Agreement, Manager shall occupy the position of </font><font style="font-family:'Times New Roman'; font-size:12pt">an independent contractor with respect to Owner.&#160; Nothing contained herein shall be construed as making the parties hereto (or any of them) partners or co-parties to a joint venture, nor construed as making Manager an employee of Owner.</font></p>
            <p style="margin:0pt 0pt 12pt 72pt; text-indent:-36pt; text-align:justify; page-break-after:avoid"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:normal; font-style:normal; font-variant:normal; text-decoration:none; text-transform:none">2.</font><font style="font:7.0pt 'Times New Roman'">&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0; </font><font style="font-family:'Times New Roman'; font-size:12pt; text-decoration:underline">Duties and Authorit</font><font style="font-family:'Times New Roman'; font-size:12pt; text-decoration:underline">y of Manager.</font></p>
            <p style="margin:0pt 0pt 6pt; text-indent:72pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">Subject to the terms and conditions of this Agreement, on behalf of, and as agent of, the Owner:</font></p>
            <p style="margin:0pt 0pt 12pt; text-indent:72pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:normal; font-style:normal; text-decoration:none; text-transform:none">(a)</font><font style="font:7.0pt 'Times New Roman'">&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0; </font><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:bold">General Duties and Authority</font><font style="font-family:'Times New Roman'; font-size:12pt">.&#160; Manager shall have the sole and exclusive duty and authority to fully manage the Property and supervise and direct</font><font style="font-family:'Times New Roman'; font-size:12pt"> the business</font><a name="EDGAR_PAGE_END1"></a></p>
        <div class="footer" style="clear:both">
            <br>
            <p style="margin:0pt; text-align:center"><a name="EDGAR_HF_F_START_1"></a><font style="font-family:'CG Times'; font-size:10pt"><!--1--></font><a name="EDGAR_HF_F_END_2"></a></p>
            <br>
        </div>
        </div>
        <div style="page-break-before:always; clear:both;">
        <div class="header" style="clear:both">
            <br>
        </div>
            <p style="margin:0pt 0pt 12pt; ; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt"> </font><a name="EDGAR_PAGE_START2"></a><font style="font-family:'Times New Roman'; font-size:12pt">and affairs associated or related to the daily operation thereof, to collect on behalf of Owner all revenues related to the Property, to pay on behalf of Owner all expenses of the Property, and to execute on behalf of Owner such documents and</font><font style="font-family:'Times New Roman'; font-size:12pt"> instruments as, in the sole judgment of Manager, are reasonably necessary or advisable under the circumstances in order to fulfill Manager's duties hereunder.&#160; Such duties and authority shall include, without limitation, those set forth below.&#160; Notwithsta</font><font style="font-family:'Times New Roman'; font-size:12pt">nding the foregoing or any other term or provision herein, upon notice to Manager, Owner shall have the right to assume responsibility for the direct payment of certain expenses of Owner, as may be determined by Owner.&#160; In such event, Owner shall provide a</font><font style="font-family:'Times New Roman'; font-size:12pt">n accounting of such costs to Manager.&#160; In the event Owner fails to provide such accounting to Manager, Manager shall assume no liability for nonpayment for such expenses so assumed by Owner.&#160;&#160; The parties acknowledge and agree that Owner will retain title</font><font style="font-family:'Times New Roman'; font-size:12pt"> to, ownership of, and exclusive right to control the Property, subject to the terms of this Agreement, and that portion of the Gross Revenue (as hereinafter defined) owned by Owner (&#8220;Owner&#8217;s Revenue&#8221;); and that Manager will not acquire title to, any inter</font><font style="font-family:'Times New Roman'; font-size:12pt">est in, or any income or revenues from the Property or Owner&#8217;s Revenue.&#160; For purposes of this Agreement, Owner&#8217;s Revenue consists of the revenue from storage operations, retail sales, miscellaneous income and the commissions (&#8220;U-Move Commissions&#8221;) paid to </font><font style="font-family:'Times New Roman'; font-size:12pt">Owner pursuant to the terms of that Dealership Contract between Owner and Manager dated as of the date hereof (the &#8220;Dealer Contract&#8221;), in each case with respect to the Property. In performing its services and making any payments hereunder, Manager will mak</font><font style="font-family:'Times New Roman'; font-size:12pt">e known to third parties that Manager is acting solely as the agent of Owner.&#160; Under no circumstances will Manager represent or hold itself out to any third party as having any title to or property interest in the Property or Owner&#8217;s Revenue.&#160; </font></p>
            <p style="margin:0pt 0pt 12pt; text-indent:72pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:normal; font-style:normal; text-decoration:none; text-transform:none">(b)</font><font style="font:7.0pt 'Times New Roman'">&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0; </font><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:bold">Renting of </font><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:bold">the Property</font><font style="font-family:'Times New Roman'; font-size:12pt">.&#160; Manager shall establish policies and procedures for the marketing activities for the Property, and shall advertise the Property through such media as Manager deems advisable.&#160; Manager's marketing activities for the Property shall be consiste</font><font style="font-family:'Times New Roman'; font-size:12pt">nt with the scope and quality implemented by Manager and its affiliates at any other properties operated by Manager or its affiliates.&#160; Manager shall have the sole discretion, which discretion shall be exercised in good faith, to establish the terms and co</font><font style="font-family:'Times New Roman'; font-size:12pt">nditions of occupancy by the tenants of the Property, and Manager is hereby authorized to enter into rental agreements on behalf and for the account of Owner with such tenants and to collect rent from such tenants on behalf and for the account of Owner. Ma</font><font style="font-family:'Times New Roman'; font-size:12pt">nager may jointly advertise the Property with other properties owned or managed by Manager or its Affiliates, and in that event, Manager shall reasonably allocate the cost of such advertising among such properties.</font></p>
            <p style="margin:0pt 0pt 12pt; text-indent:72pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:normal; font-style:normal; text-decoration:none; text-transform:none">(c)</font><font style="font:7.0pt 'Times New Roman'">&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0; </font><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:bold">Repair, Maintenance and Improvements</font><font style="font-family:'Times New Roman'; font-size:12pt">.&#160; Ma</font><font style="font-family:'Times New Roman'; font-size:12pt">nager shall make, execute, supervise and have control over the making and executing of all decisions concerning the acquisition of furniture, fixtures and supplies for the Property, and may purchase, lease or otherwise acquire the same and which items shal</font><font style="font-family:'Times New Roman'; font-size:12pt">l be owned by Manager.&#160; Manager shall make and execute, or supervise and have control over the making and executing of all decisions concerning the maintenance, repair and landscaping of the Property, provided, however, that such maintenance, repair and la</font><font style="font-family:'Times New Roman'; font-size:12pt">ndscaping shall be consistent with the maintenance, repair and landscaping implemented by Manager and its affiliates at any other properties operated by Manager or its affiliates.&#160; Manager shall, on behalf of Owner, negotiate and contract for and supervise</font><font style="font-family:'Times New Roman'; font-size:12pt"> the installation of all capital improvements related to the Property; provided, however, that Manager agrees to secure the prior written approval of Owner on all such expenditures in excess of $10,000.00 for any one item, except monthly or recurring opera</font><font style="font-family:'Times New Roman'; font-size:12pt">ting charges and/or</font><a name="EDGAR_PAGE_END2"></a></p>
        <div class="footer" style="clear:both">
            <br>
            <p style="margin:0pt; text-align:center"><a name="EDGAR_HF_F_START_1"></a><font style="font-family:'CG Times'; font-size:10pt">2</font><a name="EDGAR_HF_F_END_2"></a></p>
            <br>
        </div>
        </div>
        <div style="page-break-before:always; clear:both;">
        <div class="header" style="clear:both">
            <br>
        </div>
            <p style="margin:0pt 0pt 12pt; ; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt"> </font><a name="EDGAR_PAGE_START3"></a><font style="font-family:'Times New Roman'; font-size:12pt">emergency repairs if in the opinion of Manager such emergency repairs are necessary to protect the Property from damage or to maintain services to the Owner or any customers.&#160; In the event such emergency repairs exceed $10,000, Manager </font><font style="font-family:'Times New Roman'; font-size:12pt">shall notify Owner and the insurer as applicable of the cost estimate for such work.</font></p>
            <p style="margin:0pt 0pt 12pt; text-indent:72pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:normal; font-style:normal; text-decoration:none; text-transform:none">(d)</font><font style="font:7.0pt 'Times New Roman'">&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0; </font><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:bold">Personnel</font><font style="font-family:'Times New Roman'; font-size:12pt">.&#160; Manager shall select all vendors, suppliers, contractors, subcontractors and employees with respect to the Property and shall hire, discharge and supervise all</font><font style="font-family:'Times New Roman'; font-size:12pt"> labor and employees required for the operation and maintenance of the Property.&#160; Any employees so hired shall be employees of Manager, and shall be carried on the payroll of Manager.&#160; Employees may include, but need not be limited to, on-site resident man</font><font style="font-family:'Times New Roman'; font-size:12pt">agers, on-site assistant managers, and relief managers located, rendering services, or performing activities on the Property in connection with its operation and management.&#160; The cost of employing such persons shall not exceed prevailing rates for comparab</font><font style="font-family:'Times New Roman'; font-size:12pt">le persons performing the same or similar services with respect to real estate similar to the Property in the general vicinity of each respective Property.&#160; Manager shall be responsible for all legal and insurance requirements relating to its employees.</font></p>
            <p style="margin:0pt 0pt 12pt; text-indent:72pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:normal; font-style:normal; text-decoration:none; text-transform:none">(e)</font><font style="font:7.0pt 'Times New Roman'">&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0; </font><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:bold">Se</font><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:bold">rvice Agreements</font><font style="font-family:'Times New Roman'; font-size:12pt">.&#160; Manager shall negotiate and execute on behalf of Owner such agreements which Manager deems necessary or advisable for the furnishing of utilities, services, concessions and supplies, for the maintenance, repair and operation of the Prope</font><font style="font-family:'Times New Roman'; font-size:12pt">rty and such other agreements which may benefit the Property or be incidental to the matters for which Manager is responsible hereunder.</font></p>
            <p style="margin:0pt 0pt 12pt; text-indent:72pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:normal; font-style:normal; text-decoration:none; text-transform:none">(f)</font><font style="font:7.0pt 'Times New Roman'">&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0; </font><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:bold">Other Decisions</font><font style="font-family:'Times New Roman'; font-size:12pt">.&#160; Manager shall make the decisions in connection with the day-to-day operations of the Property.</font></p>
            <p style="margin:0pt 0pt 12pt; text-indent:72pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:normal; font-style:normal; text-decoration:none; text-transform:none">(g)</font><font style="font:7.0pt 'Times New Roman'">&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0; </font><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:bold">Regula</font><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:bold">tions and Permits</font><font style="font-family:'Times New Roman'; font-size:12pt">.&#160; Manager shall comply in all respects with any statute, ordinance, law, rule, regulation or order of any governmental or regulatory body pertaining to the Property (collectively, &quot;Laws&quot;), respecting the use of the Property or the mainten</font><font style="font-family:'Times New Roman'; font-size:12pt">ance or operation thereof, the non-compliance with which could reasonably be expected to have a material adverse effect on Owner or any Property.&#160; Manager shall apply for and obtain and maintain, on behalf of Owner, all licenses and permits required or adv</font><font style="font-family:'Times New Roman'; font-size:12pt">isable (in the reasonable judgment of Manager) in connection with the management and operation of the Property.&#160; Notwithstanding the foregoing, Manager shall be permitted to contest any Applicable Laws to the extent and pursuant to the same conditions that</font><font style="font-family:'Times New Roman'; font-size:12pt"> Owner is permitted to contest any Laws.&#160; To the extent that Manager does not comply, Manager will be responsible for the costs and penalties incurred as a result of the non-compliance.</font></p>
            <p style="margin:0pt 0pt 12pt; text-indent:72pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:normal; font-style:normal; text-decoration:none; text-transform:none">(h)</font><font style="font:7.0pt 'Times New Roman'">&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0; </font><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:bold">Records and Reports of Disbursements and Collections</font><font style="font-family:'Times New Roman'; font-size:12pt">.&#160; Manager shall e</font><font style="font-family:'Times New Roman'; font-size:12pt">stablish, supervise, direct and maintain the operation of a system of cash record keeping and bookkeeping with respect to all receipts and disbursements and all business activities and operations conducted by Manager in connection with the management and o</font><font style="font-family:'Times New Roman'; font-size:12pt">peration of the Property.&#160; Manager shall be responsible for cash shortages and discrepancies incurred in the normal course of management operations.&#160; The books, records and accounts shall be maintained at the Manager's office or at Owner's office, or at su</font><font style="font-family:'Times New Roman'; font-size:12pt">ch other location as Manager and Owner shall determine, and shall be available and open to examination and audit quarterly by Owner, its representatives, its lenders and administrative and collateral agents on behalf of lenders, if any</font><a name="EDGAR_PAGE_END3"></a></p>
        <div class="footer" style="clear:both">
            <br>
            <p style="margin:0pt; text-align:center"><a name="EDGAR_HF_F_START_1"></a><font style="font-family:'CG Times'; font-size:10pt">3</font><a name="EDGAR_HF_F_END_2"></a></p>
            <br>
        </div>
        </div>
        <div style="page-break-before:always; clear:both;">
        <div class="header" style="clear:both">
            <br>
        </div>
            <p style="margin:0pt 0pt 12pt; ; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt"> </font><a name="EDGAR_PAGE_START4"></a><font style="font-family:'Times New Roman'; font-size:12pt">(collectively, &#8220;Lend</font><font style="font-family:'Times New Roman'; font-size:12pt">er&#8221;), and as provided by Owner, and, subject to any mortgagee of the Property, and such mortgagee's representative.&#160; Manager shall cause to be prepared and delivered to Owner and, if Owner fails to provide such information to Lender pursuant to the Loan Do</font><font style="font-family:'Times New Roman'; font-size:12pt">cuments, to Lender, a monthly statement on a per-Property basis, of receipts, expenses and charges, and any other information as reasonably required by Owner to prepare its financials statements, together with a statement, on a per-Property basis, of the d</font><font style="font-family:'Times New Roman'; font-size:12pt">isbursements made by Manager during such period on Owner's behalf, which shall include separate lines for prepaid items and inventory.&#160; Manager shall provide Owner with rent rolls and occupancy reports if requested.</font></p>
            <p style="margin:0pt 0pt 12pt; text-indent:72pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:normal; font-style:normal; text-decoration:none; text-transform:none">(i)</font><font style="font:7.0pt 'Times New Roman'">&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0; </font><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:bold">Collection</font><font style="font-family:'Times New Roman'; font-size:12pt">.&#160; Manager shall be </font><font style="font-family:'Times New Roman'; font-size:12pt">responsible for the billing and collection of all receipts and for payment of all expenses with respect to the Property and shall be responsible for establishing policies and procedures to minimize the amount of bad debts. Bad debt incurred as a result of </font><font style="font-family:'Times New Roman'; font-size:12pt">non compliance with management policies and procedures (such as improper verifications or acceptance of bad credit cards or bad checks) will be the responsibility of Manager.&#160; </font></p>
            <p style="margin:0pt 0pt 12pt; text-indent:72pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:normal; font-style:normal; text-decoration:none; text-transform:none">(j)</font><font style="font:7.0pt 'Times New Roman'">&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0; </font><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:bold">Legal Actions</font><font style="font-family:'Times New Roman'; font-size:12pt">.&#160; Manager shall cause to be instituted, on behalf and in its name</font><font style="font-family:'Times New Roman'; font-size:12pt"> or in the name of Owner as appropriate, any and all legal actions or proceedings Manager deems necessary or advisable in connection with the Property, including, without limitation, to collect charges, rent or other income due to Owner with respect to the</font><font style="font-family:'Times New Roman'; font-size:12pt"> Property and to oust or dispossess tenants where appropriate or other persons unlawfully in possession under any lease, license, concession agreement or otherwise, and to collect damages for breach thereof or default thereunder by such Owner, licensee, co</font><font style="font-family:'Times New Roman'; font-size:12pt">ncessionaire or occupant.</font></p>
            <p style="margin:0pt 0pt 12pt; text-indent:72pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:normal; font-style:normal; text-decoration:none; text-transform:none">(k)</font><font style="font:7.0pt 'Times New Roman'">&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0; </font><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:bold">Insurance</font><font style="font-family:'Times New Roman'; font-size:12pt">.&#160; Manager will insure, on its Master Policy, against all liabilities at the Property at Manager&#8217;s sole cost and expense (&#8220;General Liability Insurance&#8221;). Any deductibles or self-insured retentions with respect to the Gene</font><font style="font-family:'Times New Roman'; font-size:12pt">ral Liability Insurance shall be at Manager&#8217;s (or Manager&#8217;s U-Haul affiliates&#8217;) responsibility and sole cost and expense.&#160;&#160; Manager will insure equipment at Manager&#8217;s cost, as determined by Manager.&#160; If requested by Owner, Manager will obtain for Owner, at</font><font style="font-family:'Times New Roman'; font-size:12pt"> Owner&#8217;s sole cost and expense, a policy of property insurance (&#8220;Property and Casualty Insurance&#8221;).&#160; Any such Property &amp; Casualty Insurance shall meet Lender&#8217;s required coverage, to include earthquake, flood and other Lender requirements, as the case may b</font><font style="font-family:'Times New Roman'; font-size:12pt">e, and shall be the cost of Owner.&#160; Manager&#8217;s obligations under this Section 2(k) shall be guaranteed by U-Haul International, Inc.&#160; </font></p>
            <p style="margin:0pt 0pt 12pt; text-indent:72pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:normal; font-style:normal; text-decoration:none; text-transform:none">(l)</font><font style="font:7.0pt 'Times New Roman'">&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0; </font><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:bold">Taxes</font><font style="font-family:'Times New Roman'; font-size:12pt">.&#160; During the term of this Agreement, Manager shall pay on behalf of Owner, prior to delinquency, real estate taxes, </font><font style="font-family:'Times New Roman'; font-size:12pt">personal property taxes, and other taxes assessed to, or levied upon, the Property, but only in the event requested by Owner.&#160; If requested, Manager will charge to Owner an expense monthly equal to 1/12 of annual- real property taxes.</font></p>
            <p style="margin:0pt 0pt 12pt; text-indent:72pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:normal; font-style:normal; text-decoration:none; text-transform:none">(m)</font><font style="font:7.0pt 'Times New Roman'">&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0; </font><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:bold">Limitations on Manage</font><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:bold">r Authority</font><font style="font-family:'Times New Roman'; font-size:12pt">.&#160; Notwithstanding anything to the contrary set forth in this Section 2, Manager shall not, without obtaining the prior written consent of Owner, (i) rent storage space in the Property by written lease or agreement for a stated term in excess of</font><font style="font-family:'Times New Roman'; font-size:12pt"> one year unless such lease or agreement is terminable by the giving of not more than thirty (30) days written notice, (ii) alter the building or other structures of the Property in violation of loan documents executed by Owner in connection with the Prope</font><font style="font-family:'Times New Roman'; font-size:12pt">rty (&#8220;Loan</font><a name="EDGAR_PAGE_END4"></a></p>
        <div class="footer" style="clear:both">
            <br>
            <p style="margin:0pt; text-align:center"><a name="EDGAR_HF_F_START_1"></a><font style="font-family:'CG Times'; font-size:10pt">4</font><a name="EDGAR_HF_F_END_2"></a></p>
            <br>
        </div>
        </div>
        <div style="page-break-before:always; clear:both;">
        <div class="header" style="clear:both">
            <br>
        </div>
            <p style="margin:0pt 0pt 12pt; ; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt"> </font><a name="EDGAR_PAGE_START5"></a><font style="font-family:'Times New Roman'; font-size:12pt">Documents&#8221;); (iii) enter on behalf of Owner any other agreements which exceed a term of one year and are not terminable on thirty day's notice at the will of Owner, without penalty, payment or surcharge; (iv) act in violation of any Law, (v) vio</font><font style="font-family:'Times New Roman'; font-size:12pt">late any term or condition of the Loan Documents; (vi) fail to correct any misunderstanding of any third party of which Manager becomes aware as to the separateness of Owner and Manager; or (vii) except as explicitly set forth in this Agreement, exercise a</font><font style="font-family:'Times New Roman'; font-size:12pt">ny authority to act on behalf of, or hold itself out has having authority to act on behalf of, Owner.&#160; </font></p>
            <p style="margin:0pt 0pt 12pt; text-indent:72pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:normal; font-style:normal; text-decoration:none; text-transform:none">(n)</font><font style="font:7.0pt 'Times New Roman'">&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0; </font><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:bold">Shared Expenses</font><font style="font-family:'Times New Roman'; font-size:12pt">.&#160; Owner acknowledges that certain economies may be achieved with respect to certain expenses to be incurred by Manager on behalf of Owne</font><font style="font-family:'Times New Roman'; font-size:12pt">r hereunder if materials, supplies, insurance or services are purchased by Manager in quantity for use not only in connection with Owner's business at the Property but in connection with other properties owned or managed by Manager or its affiliates.&#160; Mana</font><font style="font-family:'Times New Roman'; font-size:12pt">ger shall have the right to purchase such materials, supplies, insurance (subject to the terms of this Agreement) and/or services in its own name and charge Owner a pro rata allocable share of the cost of the foregoing; provided, however, that the pro rata</font><font style="font-family:'Times New Roman'; font-size:12pt"> cost of such purchase to Owner shall not result in expenses that are either inconsistent with the expenses of other &quot;U-Haul branded&quot; locations in the general vicinity of the applicable Property or greater than would otherwise be incurred at competitive pr</font><font style="font-family:'Times New Roman'; font-size:12pt">ices and terms available in the area where the Property is located; and provided further, Manager shall give Owner access to records (at no cost to Owner) so Owner may review any such expenses incurred.</font></p>
            <p style="margin:0pt 0pt 12pt; text-indent:72pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:normal; font-style:normal; text-decoration:none; text-transform:none">(o)</font><font style="font:7.0pt 'Times New Roman'">&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0; </font><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:bold">Deposit of Gross Revenues</font><font style="font-family:'Times New Roman'; font-size:12pt">.&#160; All revenue from operatio</font><font style="font-family:'Times New Roman'; font-size:12pt">ns at the Property (&#8220;Gross Revenue&#8221;) shall be deposited daily by Manager into (i) a bank account that has been established for the benefit of Owner (the &#8220;Deposit Account&#8221;) and maintained by Manager (or its parent company); or (ii) a collective bank account</font><font style="font-family:'Times New Roman'; font-size:12pt"> (the &#8220;Collective Account&#8221;) maintained by Manager (or its parent company) for the benefit of multiple property owners.&#160; In either case, although the account may be in Owner&#8217;s name, Owner&#8217;s right to the proceeds therein only extends to Owner&#8217;s Revenue.&#160; On </font><font style="font-family:'Times New Roman'; font-size:12pt">a daily basis, Manager shall transfer Owner&#8217;s Revenue in the Deposit Account or Collective Account, as the case may be, to Owner&#8217;s separately identified depositary account pledged to Lender (&#8220;Blocked Account&#8221;). To the extent that Gross Revenue is deposited</font><font style="font-family:'Times New Roman'; font-size:12pt"> into a Collective Account, Manager (or its parent company) shall on a daily basis reconcile such Collective Account and maintain such records as shall clearly identify the respective interest of each property owner in such account.&#160; Manager shall not, and</font><font style="font-family:'Times New Roman'; font-size:12pt"> shall not permit any other property owner or any affiliate of Manager to borrow, lend, use, pledge or otherwise encumber Owner&#8217;s Revenue while it is in a Deposit Account or Collective Account. Pursuant to the terms and conditions of that certain Cash Mana</font><font style="font-family:'Times New Roman'; font-size:12pt">gement Agreement dated as of the date hereof between Owner, U.S. Bank National Association as Agent and Administrative Agent, and Manager (the &#8220;Cash Management Agreement&#8221;), during a Cash Sweep Period (as defined in the Cash Management Agreement), the Owner</font><font style="font-family:'Times New Roman'; font-size:12pt">&#8217;s Revenue shall be transferred to the Cash Management Account and shall be governed by the terms of the Cash Management Agreement.&#160;&#160; The payment of Owner&#8217;s U-Move Commissions shall be governed by the terms of the Dealer Contract.&#160;&#160;&#160; Except as otherwise ex</font><font style="font-family:'Times New Roman'; font-size:12pt">pressly set forth above or in the Cash Management Agreement or Blocked Account Agreement (as defined in the Cash Management Agreement), nothing in this Section shall be construed to limit Owner&#8217;s access to Owner&#8217;s Revenue, except during a Cash Sweep Period</font><font style="font-family:'Times New Roman'; font-size:12pt">. Manager shall not deposit any Gross Revenues into any deposit accounts except as expressly permitted under this paragraph.&#160;&#160; </font><a name="EDGAR_PAGE_END5"></a></p>
        <div class="footer" style="clear:both">
            <br>
            <p style="margin:0pt; text-align:center"><a name="EDGAR_HF_F_START_1"></a><font style="font-family:'CG Times'; font-size:10pt">5</font><a name="EDGAR_HF_F_END_2"></a></p>
            <br>
        </div>
        </div>
        <div style="page-break-before:always; clear:both;">
        <div class="header" style="clear:both">
            <br>
        </div>
            <p style="margin:0pt 0pt 12pt; text-indent:72pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:normal; font-style:normal; text-decoration:none; text-transform:none">(p)</font><font style="font:7.0pt 'Times New Roman'">&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0; </font><a name="EDGAR_PAGE_START6"></a><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:bold">Obligations under Loan Documents and other Material Contracts</font><font style="font-family:'Times New Roman'; font-size:12pt">.&#160; Manager shall take such actions as are necessary or appropriate </font><font style="font-family:'Times New Roman'; font-size:12pt">under the circumstances to ensure, to the extent Manager is privy to the information, that Owner is in compliance with the terms of the Loan Documents and any other material agreement relating to the Property to which Owner is a party and for which Manager</font><font style="font-family:'Times New Roman'; font-size:12pt"> is privy to the information.&#160; Notwithstanding the foregoing, nothing herein contained shall be deemed to obligate Manager to fund from its own resources any payments owed by Owner under the Loan Documents or otherwise be deemed to make Manager a direct ob</font><font style="font-family:'Times New Roman'; font-size:12pt">ligor under the Loan Documents.</font></p>
            <p style="margin:0pt 0pt 12pt; text-indent:72pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:normal; font-style:normal; text-decoration:none; text-transform:none">(q)</font><font style="font:7.0pt 'Times New Roman'">&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0; </font><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:bold">Obligations notwithstanding other Tenancy at the Property</font><font style="font-family:'Times New Roman'; font-size:12pt">.&#160; Manager shall perform all of its obligations under this Agreement in a professional manner consistent with the standards it employs at all of its managed locations.</font><font style="font-family:'Times New Roman'; font-size:12pt">&#160; </font></p>
            <p style="margin:0pt 0pt 12pt; text-indent:72pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:normal; font-style:normal; text-decoration:none; text-transform:none">(r)</font><font style="font:7.0pt 'Times New Roman'">&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0; </font><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:bold">Segregation</font><font style="font-family:'Times New Roman'; font-size:12pt">.&#160;&#160; Owner and Manager shall maintain the Property and Owner&#8217;s Revenue in such a manner that it is not costly or difficult to segregate, ascertain or identify Owner&#8217;s individual assets from those of Manager or any other person.&#160;&#160; </font></p>
            <p style="margin:0pt 0pt 12pt 72pt; text-indent:-36pt; text-align:justify; page-break-after:avoid"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:normal; font-style:normal; font-variant:normal; text-decoration:none; text-transform:none">3.</font><font style="font:7.0pt 'Times New Roman'">&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0; </font><font style="font-family:'Times New Roman'; font-size:12pt; text-decoration:underline">Duties of Owner.&#160; </font></p>
            <p style="margin:0pt 0pt 6pt; text-indent:72pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">Owner shall cooperate with Manager in the performance of Manager's duties under this Agreement and to that end, upon the request of Manager, shall provide, at such rental charges, if any, as are deemed appropriate, reasonable office spac</font><font style="font-family:'Times New Roman'; font-size:12pt">e for Manager employees on the premises of the Property (to the extent available). Owner shall not unreasonably withhold or delay any consent or authorization to Manager required or appropriate under this Agreement.&#160; Owner shall provide Manager with copies</font><font style="font-family:'Times New Roman'; font-size:12pt"> of all Loan Documents and any amendments thereto.&#160; </font></p>
            <p style="margin:0pt 0pt 12pt 72pt; text-indent:-36pt; text-align:justify; page-break-after:avoid"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:normal; font-style:normal; font-variant:normal; text-decoration:none; text-transform:none">4.</font><font style="font:7.0pt 'Times New Roman'">&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0; </font><font style="font-family:'Times New Roman'; font-size:12pt; text-decoration:underline">Compensation of Manager.</font></p>
            <p style="margin:0pt 0pt 12pt; text-indent:72pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:normal; font-style:normal; text-decoration:none; text-transform:none">(a)</font><font style="font:7.0pt 'Times New Roman'">&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0; </font><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:bold">Reimbursement of Expenses</font><font style="font-family:'Times New Roman'; font-size:12pt">.&#160; Manager shall be entitled to request and receive timely reimbursement for all timely authorized out-of-pocket reasonable and customary expenses (&#8220;Expe</font><font style="font-family:'Times New Roman'; font-size:12pt">nses&#8221;) actually incurred by Manager in the discharge of its duties hereunder.&#160; Such expense reimbursement shall be due by the last business day of each month, for all expenses billed during such month, unless a written request is received by Manager detail</font><font style="font-family:'Times New Roman'; font-size:12pt">ing a legitimate dispute as to a billed amount.&#160;&#160;&#160; Such reimbursement shall be the obligation of Owner, whether or not Owner&#8217;s Revenues are sufficient to pay such amounts.&#160; Unpaid balances shall accrue interest at the rate of the 30 day libor + 100 basis p</font><font style="font-family:'Times New Roman'; font-size:12pt">oints, commencing as of the first day of the month following the due date therefor, or the first day of the month&#160; following resolution of the dispute. </font></p>
            <p style="margin:0pt 0pt 12pt; text-indent:72pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:normal; font-style:normal; text-decoration:none; text-transform:none">(b)</font><font style="font:7.0pt 'Times New Roman'">&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0; </font><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:bold">Management Fee</font><font style="font-family:'Times New Roman'; font-size:12pt">.&#160; Owner shall pay to Manager as the full amount due for the services herein provided a m</font><font style="font-family:'Times New Roman'; font-size:12pt">onthly fee (the &#8220;Management Fee&#8221;) which shall be six percent (6%) of the Property&#8217;s current month Owner&#8217;s Revenue, as determined on a cash basis.&#160; The Management Fee payment shall be included with the reimbursement of Expenses pursuant to Section 4(a) abov</font><font style="font-family:'Times New Roman'; font-size:12pt">e, for the same month.&#160; The invoice for the management fee shall be itemized and shall include reasonable detail to explain the expenses incurred. </font><a name="EDGAR_PAGE_END6"></a></p>
        <div class="footer" style="clear:both">
            <br>
            <p style="margin:0pt; text-align:center"><a name="EDGAR_HF_F_START_1"></a><font style="font-family:'CG Times'; font-size:10pt">6</font><a name="EDGAR_HF_F_END_2"></a></p>
            <br>
        </div>
        </div>
        <div style="page-break-before:always; clear:both;">
        <div class="header" style="clear:both">
            <br>
        </div>
            <p style="margin:0pt 0pt 6pt; text-indent:72pt; text-align:justify"><a name="EDGAR_PAGE_START7"></a><font style="font-family:'Times New Roman'; font-size:12pt">Except as provided in this Section 4, it is further understood and agreed that Manager shall not be entitled</font><font style="font-family:'Times New Roman'; font-size:12pt"> to additional compensation of any kind in connection with the performance by it of its duties under this Agreement.</font></p>
            <p style="margin:0pt 0pt 12pt; text-indent:72pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:normal; font-style:normal; text-decoration:none; text-transform:none">(c)</font><font style="font:7.0pt 'Times New Roman'">&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0; </font><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:bold">Inspection of Books and Records</font><font style="font-family:'Times New Roman'; font-size:12pt">.&#160; Owner shall have the right, upon prior reasonable notice to Manager, to inspect Manager's books and recor</font><font style="font-family:'Times New Roman'; font-size:12pt">ds with respect to the Property, to assure that proper fees and charges are assessed hereunder.&#160; Manager shall cooperate with any such inspection.&#160; Owner shall bear the cost of any such inspection; provided, however, that if it is clearly demonstrated that</font><font style="font-family:'Times New Roman'; font-size:12pt"> Manager has overcharged Owner by more than 5% in any given quarter and such overcharge was not caused in whole pr part by Owner, the cost of such inspection shall be borne by Manager. Manager shall promptly reimburse Owner for any overpayment.</font></p>
            <p style="margin:0pt 0pt 12pt 72pt; text-indent:-36pt; text-align:justify; page-break-after:avoid"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:normal; font-style:normal; font-variant:normal; text-decoration:none; text-transform:none">5.</font><font style="font:7.0pt 'Times New Roman'">&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0; </font><font style="font-family:'Times New Roman'; font-size:12pt; text-decoration:underline">Use of Trad</font><font style="font-family:'Times New Roman'; font-size:12pt; text-decoration:underline">emarks, Service Marks and Related Items.</font></p>
            <p style="margin:0pt 0pt 6pt; text-indent:72pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">Owner acknowledges the significant value of the &quot;U-Haul&quot; name in the operations of Owner's property and it is therefore understood and agreed that the name, trademark and service mark &quot;U-Haul&quot;, and related marks, sl</font><font style="font-family:'Times New Roman'; font-size:12pt">ogans, caricatures, designs and other trade or service items (the &quot;</font><font style="font-family:'Times New Roman'; font-size:12pt; text-decoration:underline">Manager Trade Marks</font><font style="font-family:'Times New Roman'; font-size:12pt">&quot;) shall be utilized for the non-exclusive benefit of Owner in the rental and operation of the Property, and in comparable operations elsewhere.&#160; It is further understood</font><font style="font-family:'Times New Roman'; font-size:12pt"> and agreed that this name and all such marks, slogans, caricatures, designs and other trade or service items shall remain and be at all times the property of Manager and its affiliates, and that, except as expressly provided in this Agreement, Owner shall</font><font style="font-family:'Times New Roman'; font-size:12pt"> have no right whatsoever therein.&#160; Owner agrees that during the term of this Agreement the sign faces at the property will have the name &quot;U-Haul.&quot;&#160; Upon termination of this Agreement at any time for any reason, all such use by and for the benefit of Owner</font><font style="font-family:'Times New Roman'; font-size:12pt"> of any such name, mark, slogan, caricature, design or other trade or service item in connection with the Property shall be terminated and any signs bearing any of the foregoing shall be removed from view and no longer used by Owner.&#160; In addition, upon ter</font><font style="font-family:'Times New Roman'; font-size:12pt">mination of this Agreement at any time for any reason, Owner shall not enter into any new leases of Property using the Manager lease form or use other forms prepared by Manager.&#160; It is understood and agreed that Manager will use and shall be unrestricted i</font><font style="font-family:'Times New Roman'; font-size:12pt">n its use of such name, mark, slogan, caricature, design or other trade or service item in the management and operation of other storage facilities both during and after the expiration or termination of the term of this Agreement.&#160; </font></p>
            <p style="margin:0pt 0pt 12pt 72pt; text-indent:-36pt; text-align:justify; page-break-after:avoid"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:normal; font-style:normal; font-variant:normal; text-decoration:none; text-transform:none">6.</font><font style="font:7.0pt 'Times New Roman'">&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0; </font><font style="font-family:'Times New Roman'; font-size:12pt; text-decoration:underline">Default; Termination.&#160; </font></p>
            <p style="margin:0pt 0pt 12pt; text-indent:72pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:normal; font-style:normal; text-decoration:none; text-transform:none">(a)</font><font style="font:7.0pt 'Times New Roman'">&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0; </font><font style="font-family:'Times New Roman'; font-size:12pt">Any material failure by Manager or Owner (a &quot;</font><font style="font-family:'Times New Roman'; font-size:12pt; text-decoration:underline">Defaulting Party</font><font style="font-family:'Times New Roman'; font-size:12pt">&quot;) to perform its respective duties or obligations hereunder (other than a default by Owner under Section 4 of this Agreement), which material failure is not cured within thirty (30) calendar da</font><font style="font-family:'Times New Roman'; font-size:12pt">ys after receipt of written notice of such failure from the non-defaulting party, shall constitute an event of default hereunder; provided, however, the foregoing shall not constitute an event of default hereunder in the event the Defaulting Party commence</font><font style="font-family:'Times New Roman'; font-size:12pt">s cure of such material failure within such thirty (30) day period and diligently prosecutes the cure of such material failure thereafter but in no event shall such extended cure period exceed ninety (90) days from the date of receipt by the non-defaulting</font><font style="font-family:'Times New Roman'; font-size:12pt"> party of written notice of such material default; provided further, however, that in the event such material failure constitutes a default under the terms of the Loan Documents and the cure period for such matter under the Loan Documents is shorter than t</font><font style="font-family:'Times New Roman'; font-size:12pt">he</font><a name="EDGAR_PAGE_END7"></a></p>
        <div class="footer" style="clear:both">
            <br>
            <p style="margin:0pt; text-align:center"><a name="EDGAR_HF_F_START_1"></a><font style="font-family:'CG Times'; font-size:10pt">7</font><a name="EDGAR_HF_F_END_2"></a></p>
            <br>
        </div>
        </div>
        <div style="page-break-before:always; clear:both;">
        <div class="header" style="clear:both">
            <br>
        </div>
            <p style="margin:0pt 0pt 12pt; ; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt"> </font><a name="EDGAR_PAGE_START8"></a><font style="font-family:'Times New Roman'; font-size:12pt">cure period specified herein, the cure period specified herein shall automatically shorten such that it shall match the cure period for such matter as specified under the Loan Documents. In addition, following notice to Manager of the existence of any s</font><font style="font-family:'Times New Roman'; font-size:12pt">uch material failure by Manager, Owner shall have the right to cure any such material failure by Manager, and any sums so expended in curing shall be owed by Manager to such curing party and may be offset against any sums owed to Manager under this Agreeme</font><font style="font-family:'Times New Roman'; font-size:12pt">nt.</font></p>
            <p style="margin:0pt 0pt 12pt; text-indent:72pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:normal; font-style:normal; text-decoration:none; text-transform:none">(b)</font><font style="font:7.0pt 'Times New Roman'">&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0; </font><font style="font-family:'Times New Roman'; font-size:12pt">Any material failure by Owner to perform its duties or obligations under Section 4, which material failure is not cured within ten (10) calendar days after receipt of written notice of such failure from Manager, shall constitute an event of default her</font><font style="font-family:'Times New Roman'; font-size:12pt">eunder.&#160; </font></p>
            <p style="margin:0pt 0pt 12pt; text-indent:72pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:normal; font-style:normal; text-decoration:none; text-transform:none">(c)</font><font style="font:7.0pt 'Times New Roman'">&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0; </font><font style="font-family:'Times New Roman'; font-size:12pt">Subject to the terms of the Loan Documents, either party hereto shall have&#160; the right to terminate this Agreement, without cause, by giving not less than ninety (90) days' written notice to the other party hereto, and with cause by giving not les</font><font style="font-family:'Times New Roman'; font-size:12pt">s than thirty (30) days written notice to the other party hereto, in both cases pursuant to Section 14 hereof.&#160;&#160; </font></p>
            <p style="margin:0pt 0pt 12pt; text-indent:72pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:normal; font-style:normal; text-decoration:none; text-transform:none">(d)</font><font style="font:7.0pt 'Times New Roman'">&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0; </font><font style="font-family:'Times New Roman'; font-size:12pt">Upon termination of this Agreement, (x) Manager shall promptly return to Owner all monies, books, records and other materials held by Manager </font><font style="font-family:'Times New Roman'; font-size:12pt">for or on behalf of Owner and shall otherwise cooperate with Owner to promote and ensure a smooth transition to the new manager and (y) Manager shall be entitled to receive its Management Fee and reimbursement of expenses through the effective date of such</font><font style="font-family:'Times New Roman'; font-size:12pt"> termination, including the reimbursement of any prepaid expenses for periods beyond the date of termination (such as Yellow Pages advertising).&#160;&#160;&#160; </font></p>
            <p style="margin:0pt 0pt 12pt 72pt; text-indent:-36pt; text-align:justify; page-break-after:avoid"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:normal; font-style:normal; font-variant:normal; text-decoration:none; text-transform:none">7.</font><font style="font:7.0pt 'Times New Roman'">&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0; </font><font style="font-family:'Times New Roman'; font-size:12pt; text-decoration:underline">Indemnification.&#160; </font></p>
            <p style="margin:0pt 0pt 6pt; text-indent:72pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">Manager hereby agrees to indemnify, defend and hold Owner, all persons and companies aff</font><font style="font-family:'Times New Roman'; font-size:12pt">iliated with Owner, and all officers, shareholders, directors, employees and agents of Owner and of any affiliated companies or persons (collectively, the &quot;Indemnified Persons&quot;) harmless from any and all costs, expenses, attorneys' fees, suits, liabilities</font><font style="font-family:'Times New Roman'; font-size:12pt">, judgments, damages, and claims in connection with the management of the Property and operations thereon (including the loss of use thereof following any damage, injury or destruction), arising from any cause or matter whatsoever, including, without limit</font><font style="font-family:'Times New Roman'; font-size:12pt">ation, any environmental condition or matter caused by Manager&#8217;s operation of the Property, except to the extent attributable to the willful misconduct or negligence on the part of the Indemnified Persons. </font></p>
            <p style="margin:0pt 0pt 12pt 72pt; text-indent:-36pt; text-align:justify; page-break-after:avoid"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:normal; font-style:normal; font-variant:normal; text-decoration:none; text-transform:none">8.</font><font style="font:7.0pt 'Times New Roman'">&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0; </font><font style="font-family:'Times New Roman'; font-size:12pt; text-decoration:underline">Assignment.&#160; </font></p>
            <p style="margin:0pt 0pt 6pt; text-indent:72pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">Manager shall not assign this Agree</font><font style="font-family:'Times New Roman'; font-size:12pt">ment, or any portion hereof of the duties hereunder, to any party without the consent of Owner.</font></p>
            <p style="margin:0pt 0pt 12pt 72pt; text-indent:-36pt; text-align:justify; page-break-after:avoid"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:normal; font-style:normal; font-variant:normal; text-decoration:none; text-transform:none">9.</font><font style="font:7.0pt 'Times New Roman'">&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0; </font><font style="font-family:'Times New Roman'; font-size:12pt; text-decoration:underline">Standard for Property Manager's Responsibility.</font></p>
            <p style="margin:0pt 0pt 6pt; text-indent:72pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">Manager agrees that it will perform its obligations hereunder according to industry standards, in good faith, and in a commercially reasonable manner.&#160; </font></p>
            <p style="margin:0pt 0pt 12pt 72pt; text-indent:-36pt; text-align:justify; page-break-after:avoid"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:normal; font-style:normal; font-variant:normal; text-decoration:none; text-transform:none">10.</font><font style="font:7.0pt 'Times New Roman'">&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0; </font><font style="font-family:'Times New Roman'; font-size:12pt; text-decoration:underline">Estoppel Certificate.&#160; </font></p>
            <p style="margin:0pt 0pt 6pt; text-indent:72pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">Each of Owner and Manager agree to execute and deliver to one another, from tim</font><font style="font-family:'Times New Roman'; font-size:12pt">e to time, within ten (10) business days of the requesting party's request, a statement in</font><a name="EDGAR_PAGE_END8"></a></p>
        <div class="footer" style="clear:both">
            <br>
            <p style="margin:0pt; text-align:center"><a name="EDGAR_HF_F_START_1"></a><font style="font-family:'CG Times'; font-size:10pt">8</font><a name="EDGAR_HF_F_END_2"></a></p>
            <br>
        </div>
        </div>
        <div style="page-break-before:always; clear:both;">
        <div class="header" style="clear:both">
            <br>
        </div>
            <p style="margin:0pt 0pt 6pt; ; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt"> </font><a name="EDGAR_PAGE_START9"></a><font style="font-family:'Times New Roman'; font-size:12pt">writing certifying, to the extent true, that this Agreement is in full force and effect, and acknowledging that there are not, to such parties knowledge, any uncured</font><font style="font-family:'Times New Roman'; font-size:12pt"> defaults or specifying such defaults if they are claimed and any such other matters as may be reasonably requested by such requesting party.</font></p>
            <p style="margin:0pt 0pt 12pt 72pt; text-indent:-36pt; text-align:justify; page-break-after:avoid"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:normal; font-style:normal; font-variant:normal; text-decoration:none; text-transform:none">11.</font><font style="font:7.0pt 'Times New Roman'">&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0; </font><font style="font-family:'Times New Roman'; font-size:12pt; text-decoration:underline">Term; Scope.</font></p>
            <p style="margin:0pt 0pt 6pt; text-indent:72pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">Subject to the provisions hereof, this Agreement shall have an initial term (such term, as extended o</font><font style="font-family:'Times New Roman'; font-size:12pt">r renewed in accordance with the provisions hereof, being called the &quot;</font><font style="font-family:'Times New Roman'; font-size:12pt; text-decoration:underline">Term</font><font style="font-family:'Times New Roman'; font-size:12pt">&quot;) commencing on the date hereof (the &quot;</font><font style="font-family:'Times New Roman'; font-size:12pt; text-decoration:underline">Commencement Date</font><font style="font-family:'Times New Roman'; font-size:12pt">&quot;) and ending on the later of (i) the last day of the 300th calendar month next following the date hereof or (ii) the maturity</font><font style="font-family:'Times New Roman'; font-size:12pt"> date, repayment or prepayment of all amounts due to Lender pursuant to the applicable Loan Documents (the &quot;</font><font style="font-family:'Times New Roman'; font-size:12pt; text-decoration:underline">Expiration Date</font><font style="font-family:'Times New Roman'; font-size:12pt">&quot;); provided however, the parties shall have the right upon mutual agreement to terminate this Agreement with respect to any individu</font><font style="font-family:'Times New Roman'; font-size:12pt">al Property no longer securing amounts due Lender pursuant to the applicable Loan Documents (for instance due to a significant casualty or condemnation of such Property).&#160;&#160;&#160;&#160;&#160; </font></p>
            <p style="margin:0pt 0pt 12pt 72pt; text-indent:-36pt; text-align:justify; page-break-after:avoid"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:normal; font-style:normal; font-variant:normal; text-decoration:none; text-transform:none">12.</font><font style="font:7.0pt 'Times New Roman'">&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0; </font><font style="font-family:'Times New Roman'; font-size:12pt; text-decoration:underline">Headings.</font></p>
            <p style="margin:0pt 0pt 6pt; text-indent:72pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">The headings contained herein are for convenience of reference only a</font><font style="font-family:'Times New Roman'; font-size:12pt">nd are not intended to define, limit or describe the scope or intent of any provision of this Agreement.</font></p>
            <p style="margin:0pt 0pt 12pt 72pt; text-indent:-36pt; text-align:justify; page-break-after:avoid"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:normal; font-style:normal; font-variant:normal; text-decoration:none; text-transform:none">13.</font><font style="font:7.0pt 'Times New Roman'">&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0; </font><font style="font-family:'Times New Roman'; font-size:12pt; text-decoration:underline">Governing Law.</font></p>
            <p style="margin:0pt 0pt 6pt; text-indent:72pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">The validity of this Agreement, the construction of its terms and the interpretation of the rights and duties of the parties shall be go</font><font style="font-family:'Times New Roman'; font-size:12pt">verned by the internal laws of the State of </font><font style="font-family:'Times New Roman'; font-size:12pt">Nevada</font><font style="font-family:'Times New Roman'; font-size:12pt">.</font></p>
            <p style="margin:0pt 0pt 12pt 72pt; text-indent:-36pt; text-align:justify; page-break-after:avoid"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:normal; font-style:normal; font-variant:normal; text-decoration:none; text-transform:none">14.</font><font style="font:7.0pt 'Times New Roman'">&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0; </font><font style="font-family:'Times New Roman'; font-size:12pt; text-decoration:underline">Notices.</font></p>
            <p style="margin:0pt"><font style="font-family:'Times New Roman'; font-size:12pt">Any notice required or permitted herein shall be in writing and shall be personally delivered or mailed first class postage prepaid or delivered by an overnight delivery service to the respective</font><font style="font-family:'Times New Roman'; font-size:12pt"> addresses of the parties set forth above on the first page of this Agreement, or to such other address as any party may give&#160; to the other in writing.&#160; Any notice required by this Agreement will be deemed to have been given when personally served or one d</font><font style="font-family:'Times New Roman'; font-size:12pt">ay after delivery to an overnight delivery service or five days after deposit in the first class mail. Any notice to Owner shall be to the attention of c/o SAC Holding Corporation, 1250 E. Missouri, </font><font style="font-family:'Times New Roman'; font-size:12pt">Phoenix</font><font style="font-family:'Times New Roman'; font-size:12pt">, </font><font style="font-family:'Times New Roman'; font-size:12pt">AZ</font><font style="font-family:'Times New Roman'; font-size:12pt">&#160; </font><font style="font-family:'Times New Roman'; font-size:12pt">85014</font><font style="font-family:'Times New Roman'; font-size:12pt">, Attn:&#160; Secretary. Any notice to Manag</font><font style="font-family:'Times New Roman'; font-size:12pt">er shall be to the attention of c/o U-Haul International, Inc., </font><font style="font-family:'Times New Roman'; font-size:12pt">2721 North Central Avenue</font><font style="font-family:'Times New Roman'; font-size:12pt">, </font><font style="font-family:'Times New Roman'; font-size:12pt">Phoenix</font><font style="font-family:'Times New Roman'; font-size:12pt">, </font><font style="font-family:'Times New Roman'; font-size:12pt">AZ</font><font style="font-family:'Times New Roman'; font-size:12pt"> </font><font style="font-family:'Times New Roman'; font-size:12pt">85004</font><font style="font-family:'Times New Roman'; font-size:12pt">, Attn:&#160; Chief Financial Officer.</font></p>
            <p style="margin:0pt"><font style="font-family:'Times New Roman'; font-size:12pt">&#xa0;</font></p>
            <p style="margin:0pt 0pt 12pt 72pt; text-indent:-36pt; text-align:justify; page-break-after:avoid"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:normal; font-style:normal; font-variant:normal; text-decoration:none; text-transform:none">15.</font><font style="font:7.0pt 'Times New Roman'">&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0; </font><font style="font-family:'Times New Roman'; font-size:12pt; text-decoration:underline">Severability.</font></p>
            <p style="margin:0pt 0pt 6pt; text-indent:72pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">Should any term or provision hereof be deemed invalid, void or unenforceable either in its entirety</font><font style="font-family:'Times New Roman'; font-size:12pt"> or in a particular application, the remainder of this Agreement shall nonetheless remain in full force and effect and, if the subject term or provision is deemed to be invalid, void or unenforceable only with respect to a particular application, such term</font><font style="font-family:'Times New Roman'; font-size:12pt"> or provision shall remain in full force and effect with respect to all other applications.</font><a name="EDGAR_PAGE_END9"></a></p>
        <div class="footer" style="clear:both">
            <br>
            <p style="margin:0pt; text-align:center"><a name="EDGAR_HF_F_START_1"></a><font style="font-family:'CG Times'; font-size:10pt">9</font><a name="EDGAR_HF_F_END_2"></a></p>
            <br>
        </div>
        </div>
        <div style="page-break-before:always; clear:both;">
        <div class="header" style="clear:both">
            <br>
        </div>
            <p style="margin:0pt 0pt 12pt 72pt; text-indent:-36pt; text-align:justify; page-break-after:avoid"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:normal; font-style:normal; font-variant:normal; text-decoration:none; text-transform:none">16.</font><font style="font:7.0pt 'Times New Roman'">&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0; </font><a name="EDGAR_PAGE_START10"></a><font style="font-family:'Times New Roman'; font-size:12pt; text-decoration:underline">Successors.</font></p>
            <p style="margin:0pt 0pt 6pt; text-indent:72pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">This Agreement shall be binding upon and inure to the benefit of the respective parties hereto and their permitted assigns and successors in interest.</font></p>
            <p style="margin:0pt 0pt 12pt 72pt; text-indent:-36pt; text-align:justify; page-break-after:avoid"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:normal; font-style:normal; font-variant:normal; text-decoration:none; text-transform:none">17.</font><font style="font:7.0pt 'Times New Roman'">&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0; </font><font style="font-family:'Times New Roman'; font-size:12pt; text-decoration:underline">A</font><font style="font-family:'Times New Roman'; font-size:12pt; text-decoration:underline">ttorneys' Fees.</font></p>
            <p style="margin:0pt 0pt 6pt; text-indent:72pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">If it shall become necessary for any party hereto to engage attorneys to institute legal action for the purpose of enforcing their respective rights hereunder or for the purpose of defending legal action brought by the other party hereto, t</font><font style="font-family:'Times New Roman'; font-size:12pt">he party or parties prevailing in such litigation shall be entitled to receive all costs, expenses and fees (including reasonable attorneys' fees) incurred by it in such litigation (including appeals).</font></p>
            <p style="margin:0pt 0pt 6pt; text-indent:36pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">18.</font><font style="font-family:'Times New Roman'; font-size:12pt; text-decoration:underline">Counterparts</font><font style="font-family:'Times New Roman'; font-size:12pt">.</font></p>
            <p style="margin:0pt 0pt 6pt; text-indent:72pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">This Agreement may be executed in </font><font style="font-family:'Times New Roman'; font-size:12pt">one or more counterparts, each of which shall be deemed an original, but all of which together shall constitute one and the same instrument.</font></p>
            <p style="margin:0pt 0pt 12pt 72pt; text-indent:-36pt; text-align:justify; page-break-after:avoid"><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:normal; font-style:normal; font-variant:normal; text-decoration:none; text-transform:none">19.</font><font style="font:7.0pt 'Times New Roman'">&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0;&#xa0; </font><font style="font-family:'Times New Roman'; font-size:12pt; text-decoration:underline">Termination of Prior Agreement</font></p>
            <p style="margin:0pt 0pt 6pt; text-indent:72pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">This Agreement operates to terminate any prior property management agreement among O</font><font style="font-family:'Times New Roman'; font-size:12pt">wner and U-Haul with respect to the Property.&#160; The property management relationship among Owner and U-Haul with respect to the Property is restated as of the date hereof,&#160; as provided in this Agreement.&#160;&#160; </font></p>
            <p style="margin:0pt 0pt 6pt; text-indent:72pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">&#xa0;</font></p>
            <p style="margin:0pt 0pt 12pt 72pt; text-indent:-36pt; text-align:justify; page-break-after:avoid"><font style="font-family:'Times New Roman'; font-size:12pt">&#xa0;</font></p>
            <p style="margin:0pt 0pt 6pt; text-indent:72pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">&#xa0;</font></p>
            <p style="margin:0pt 0pt 6pt; text-indent:72pt; text-align:justify"><br style=" clear:both" /><a name="EDGAR_PAGE_END10"></a></p>
        <div class="footer" style="clear:both">
            <br>
            <p style="margin:0pt; text-align:center"><a name="EDGAR_HF_F_START_1"></a><font style="font-family:'CG Times'; font-size:10pt">10</font><a name="EDGAR_HF_F_END_2"></a></p>
            <br>
        </div>
        </div>
        <div style="page-break-before:always; clear:both;">
        <div class="header" style="clear:both">
            <br>
        </div>
            <p style="margin:0pt 0pt 6pt; text-indent:72pt; text-align:justify"><a name="EDGAR_PAGE_START11"></a><font style="font-family:'Times New Roman'; font-size:12pt">IN WITNESS WHEREOF, the undersigned execute </font><font style="font-family:'Times New Roman'; font-size:12pt">this Agreement as of the date set forth above.</font></p>
            <p style="margin:0pt 0pt 6pt; text-indent:72pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">&#xa0;</font></p>
            <p style="margin:0pt 0pt 6pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt; text-decoration:underline">Owner</font><font style="font-family:'Times New Roman'; font-size:12pt">:</font></p>
            <p style="margin:0pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">Galaxy Storage One, L.P., </font></p>
            <p style="margin:0pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">a </font><font style="font-family:'Times New Roman'; font-size:12pt">Nevada</font><font style="font-family:'Times New Roman'; font-size:12pt"> limited partnership</font></p>
            <p style="margin:0pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">&#xa0;</font></p>
            <p style="margin:0pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">By: Galaxy Storage One GP Corporation, </font></p>
            <p style="margin:0pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">Its General Partner</font></p>
            <p style="margin:0pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">&#xa0;</font></p>
            <p style="margin:0pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">By: __________________________________</font></p>
            <p style="margin:0pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">Bruce Brockhagen, Secretary</font></p>
            <p style="margin:0pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">&#xa0;</font></p>
            <p style="margin:0pt 0pt 6pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">&#xa0;</font></p>
            <p style="margin:0pt 0pt 6pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">&#xa0;</font></p>
            <p style="margin:0pt 0pt 6pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt; text-decoration:underline">Manage</font><font style="font-family:'Times New Roman'; font-size:12pt; text-decoration:underline">r</font><font style="font-family:'Times New Roman'; font-size:12pt">:</font></p>
            <table cellspacing="0" cellpadding="0" style="border-collapse:collapse; margin-left:0pt; width:216.75pt">
                <tr style="height:12.75pt">
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-left-color:#000000; border-left-style:solid; border-left-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; border-top-color:#000000; border-top-style:solid; border-top-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:216.75pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">U-Haul Co. of New York and Vermont, Inc.</font></p>
                    </td>
                </tr>
                <tr style="height:12.75pt">
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-left-color:#000000; border-left-style:solid; border-left-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:216.75pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">U-Haul Co. of Texas</font></p>
                    </td>
                </tr>
                <tr style="height:12.75pt">
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-left-color:#000000; border-left-style:solid; border-left-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:216.75pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">U-Haul Co. of Florida</font></p>
                    </td>
                </tr>
            </table>
            <p style="margin:0pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">&#xa0;</font></p>
            <p style="margin:0pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">By: ____________________________________</font></p>
            <p style="margin:0pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">Gary B. Horton, Treasurer</font></p>
            <p style="margin:0pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">&#xa0;</font></p>
            <p style="margin:0pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">&#xa0;</font></p>
            <p style="margin:0pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">With respect to Section 2(k) herein, U-Haul International, Inc., a Nevada corporation, hereby </font><font style="font-family:'Times New Roman'; font-size:12pt">executes this Agreement and guarantees Manager&#8217;s obligations under said Section 2(k).</font></p>
            <p style="margin:0pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">&#xa0;</font></p>
            <p style="margin:0pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">U-Haul International, Inc.</font></p>
            <p style="margin:0pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">&#xa0;</font></p>
            <p style="margin:0pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">By: _____________________________________</font></p>
            <p style="margin:0pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">Gary B. Horton, Treasurer&#160; </font></p>
            <p style="margin:0pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">&#xa0;</font></p>
            <p style="margin:0pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">&#xa0;</font></p>
            <p style="margin:0pt; text-align:justify"><font style="font-family:'Times New Roman'; font-size:12pt">&#xa0;</font></p>
        <div class="footer" style="clear:both">
            <br>
            <p style="margin:0pt; text-align:center"><a name="EDGAR_HF_F_START_1"></a><font style="font-family:'CG Times'; font-size:10pt">11</font><a name="EDGAR_HF_F_END_2"></a></p>
            <br>
        </div>
        </div>
        <div style="page-break-before:always; clear:both;">
        <div class="header" style="clear:both">
            <br>
        </div>
            <p style="margin:0pt 0pt 6pt; ; text-align:center"><a name="EDGAR_PAGE_START12"></a><font style="font-family:'Times New Roman'; font-size:12pt">Exhibit A</font></p>
            <p style="margin:0pt 0pt 6pt; text-indent:72pt; text-align:center"><font style="font-family:'Times New Roman'; font-size:12pt">&#xa0;</font></p>
            <p style="margin:0pt 0pt 6pt; text-indent:72pt; text-align:center"><font style="font-family:'Times New Roman'; font-size:12pt">List of Properties</font></p>
            <p style="margin:0pt 0pt 6pt; text-indent:72pt; text-align:center"><font style="font-family:'Times New Roman'; font-size:12pt">&#xa0;</font></p>
            <table cellspacing="0" cellpadding="0" style="border-collapse:collapse; margin-left:0pt; width:441pt">
                <tr style="height:12.75pt">
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-left-color:#000000; border-left-style:solid; border-left-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; border-top-color:#000000; border-top-style:solid; border-top-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:44.2pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">803079</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; border-top-color:#000000; border-top-style:solid; border-top-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:141.05pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">U-Haul Moving &amp; Storage of</font><font style="font-family:Arial; font-size:10pt"> Riverdale</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; border-top-color:#000000; border-top-style:solid; border-top-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:90pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">230 W 230th St</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; border-top-color:#000000; border-top-style:solid; border-top-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:67.5pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">BRONX</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; border-top-color:#000000; border-top-style:solid; border-top-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:59.6pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">NY</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; border-top-color:#000000; border-top-style:solid; border-top-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:38.65pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">10463</font></p>
                    </td>
                </tr>
                <tr style="height:12.75pt">
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-left-color:#000000; border-left-style:solid; border-left-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:44.2pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">884064</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:141.05pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">U-Haul Moving &amp; Storage of Roanoke</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:90pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">1600 Mesa Butte Ct</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:67.5pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">ROANOKE</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:59.6pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">TX</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:38.65pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">76262</font></p>
                    </td>
                </tr>
                <tr style="height:12.75pt">
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-left-color:#000000; border-left-style:solid; border-left-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:44.2pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">884072</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:141.05pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">U-Haul Storage Of Wekiva**</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:90pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">1221 E Semoran Blvd</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:67.5pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">APOPKA</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:59.6pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">FL</font></p>
                    </td>
                    <td style="border-bottom-color:#000000; border-bottom-style:solid; border-bottom-width:0.5pt; border-right-color:#000000; border-right-style:solid; border-right-width:0.5pt; padding-left:5.4pt; padding-right:5.4pt; vertical-align:bottom; width:38.65pt">
                        <p style="margin:0pt"><font style="font-family:Arial; font-size:10pt">32703</font></p>
                    </td>
                </tr>
            </table>
            <p style="margin:0pt 0pt 6pt; text-indent:72pt; text-align:center"><a name="EDGAR_PAGE_END12"></a><a name="_GoBack"></a><font style="font-family:'Times New Roman'; font-size:12pt">&#xa0;</font></p>
        <div class="footer" style="clear:both">
            <br>
            <p style="margin:0pt; text-align:center"><a name="EDGAR_HF_F_START_1"></a><font style="font-family:'CG Times'; font-size:10pt">12</font><a name="EDGAR_HF_F_END_2"></a></p>
            <br>
        </div>
        </div>
    </body>
</html>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
