1.the renter shall pay to the owner the sum of $ no later than (recommended: 30 days before the commencement of the rental period).of this amount, $ is a non-refundable deposit that will be applied torental charges upon final settlement of accounts. the remainder, $ , isfor damages/security deposit which will be returned to the renter upon settlement, minus any charges for actual damages done to the venue by renter or his/her associates.