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Lessor BSFS Equipment Leasing -A Component of Equipment Schedule General Electric Capital Corporation Lessee Indian River County Billing Address Attention 1840 25 St. Francis Sherwood City County State Zip Code Vero Beach FL 32960 Installation Site City County State Zip Code 4055 41st Ave. Sheriffs Office Vero Beach FL 32960 1055 20th Street - Vero PD Vero Beach FL 32960 Supplier Name Rent is Paid Advance Payment BellSouth Communication Systems, LLC $0.00 First Day The Advance Payment shall be X Last Day of applied to the first 0 and last 0 Rent Payment Period payment(s). Agreement NoJSchedule No. Price Lessee's Fiscal Period Lease Rate Factor Rent 7297850-001. $393,169.00 From: 0.013707 (See Amortlzatitin Date'of Schedule Term (months) 4/20/2004 84 Annex attached Lease Rate 4.08000000 To: hereto) Commitment Date 9/24/2004 Payment Period ®_ Monthly Q Other. TERMS AND CONDITIONS (The Reverse side contains Terms and Conditions which are also a part of this Schedule) The terms and .conditions of the Master Lease/Purchase Agreement by and 3. ACCEPTANCE: Lessee agrees to accept the System for purposes of this between Lessor and Lessee as referenced above are made a part of this Lease by signing the Acceptance Certificate within ten (10) days after the Schedule. Lessor and Lessee hereby agree to the terms defined above and System has met the acceptance. criteria specified in the Supplier Agreement. further agree as set forth herein. If Lessee fails.or refuses to sign the Acceptance Certificate within such (10). ten day period, or if the Lease does not commence by the Commitment Date, 1.. ADVANCE ,PAYMENT: Lessee shall pay to Lessor, upon the execution . Lessor may declare Lessee's assignments and Lessor's agreement to pay the and delivery of this. Schedule, the advance payment set forth above Price set forth in Section 1 of the Agreement and Section 2 of this Schedule to ("Advance Payment") in consideration of the Lessor holding funds available to be null. and void ab initio. and thereupon the.Lease shall terminate. Lessor purchase the Equipment and obtain the Software and as compensation for shall then have no obligations: under the Lease and. Lessee shall, within ten Lessor's review of Lessee's credit and document preparation. Upon Lessor's (10) days of'a demand, therefore, immediately pay to Lessor, all Purchase acceptance of the Lease, the .Advance Payment shall be applied to the Price Payments and all price adjustment(s) under Section 2 herein as well as payment of Rent as .set forth, above. Any Advance Payment shall be non- Lessor's out-of-pocket expenses. refundable if Lessee fails to timely provide all documentation or satisfy all 4. MAINTENANCE, USE, AND OPERATION:' At all times during the Tenn, conditions required by this Lease. at its sole cost and expense, Lessee shall maintain the System in good repair, condition and working order, ordinary wear and tear excepted. Lessee shall 2. PURCHASE PRICE PAYMENTS: Lessee acknowledges that it has use the System and all parts thereof for il designated purpose and in signed and received a copy of the Supplier Agreement. If Lessee is required compliance with all applicable laws as welll as keep the System in its to make payments to Supplier under the Supplier Agreement prior to the possession and control and not permit such System to be moved from the Commencement Date' ("Purchase Price. Payments"), Lessee requests Lessor Installation Site without Lesso7s'prior written consent. to pay such payments subject to the following terms and conditions. The Price will be increased by adding a price adjustment for each Purchase Price 5. PERSONAL PROPERTY: The System is, and shall at all times remain, Payment. Each such price adjustment shall be computed by multiplying the personal property even if the. Equipment is affixed or attached to real property Purchase Price Payment paid by Lessor to Supplier by a rate equal to the or any improvements thereon. At Lessor's request, Lessee shall, at no "Base Lending Rate" from time to time designated by Citibank N.A., NY, NY in charge, promptly affix to the. System, any_tags, decals,. or plates furnished by effect on the date Lessor makes the first Purchase Price Payment plus two . Lessor indicating Lessor's interest in the System and Lessee shall not permit and one-half percent, divided by 360, and multiplied by the actual number of their removal or concealment. At Lessee's expense, Lessee shall (a) at all days elapsed from the date of the Purchase Price Payment to the times keep the System free and clear of all liens and encumbrances, except Commencement Date or, if the Lease does not commence, to the date those arising through the actions of: Lessor, .and (b) otherwise. cooperate to Lessee refunds the Purchase Price Payments to Lessor in accordance with defend Lessor's interest...in the.. System and to maintain the status of the Section 3. In no event will all or any price adjustment(s) exceed any limits System and all parts thereof as personal property. If requested by Lessor, imposed by applicable law. The periodic Rent shall be increased as a result Lessee will, at Lessee's. expense, fumish a waiver of any interest in the of adding, to the Price of the System an amount equal to the total price System from any party having an interest in any such real estate or building in adjustment(s). which the System is located. Lessormay inspect the System and any related maintenance records at any time during normal business hours of Lessee. A complete description of the System is set forth on the Equipment and Software Listing attached hereto and made a part hereof. BSFS Equipment Leasing, Indian River County A Component of General Electric Capital Corporation BY BY. Au razed RepresentativeAuthors Representative PRINT NAME �l -V ./ L� PRINT NAME 01ofinKi:ni TITLE-� 1 f!e�Y DATE: LL> av TITLE Emergency Services DATE S.y.oY SLGSCHED 7/1"9 Document/ Errors Reference source not found. Counterpart No3_ ofa serially numbered, manually executed counterparts. To the extent that this Equipment Schedule constitutes chattel paper (as such term is defined in the Uniform Commercial Code as in effect in any jurisdiction), no security interest in this Equipment Schedule may be w -w 4-A \L- —h 61— i- —f - n- w..n-w..w lwn wi ww.. ww..waw-ww.a Lw.waw -6L... ♦L..w 1 .. ..�-.....a \I- A