Mutual Cancellation of Lease Form

Question

MUTUAL CANCELLATION OF LEASE

     FOR GOOD CONSIDERATION, _ [Lessee], and _ [Lessor], under
a certain lease agreement between the parties under date of _,
20_ [Lease], do hereby mutually agree to terminate and cancel
said Lease effective _, 20_ and all rights and obligations
under said Lease shall thereupon be cancelled excepting only
for any obligations under the Lease accruing prior to the
effective termination date.
     This agreement shall be binding upon the parties, their
successors, assigns and personal representatives.


    Signed under seal this _ day of _, 20_.