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Builders of Construction/Industrial Trailers and Modular Buildings <br />P.O. Box 986 <br />Baltimore, Maryland 21203 <br />301-391-0100 <br />800-638-6963 <br />LESSEE: <br />r <br />BOARD OF COUNTY COMMISSIONERS <br />INDIAN RIVER COUNTY <br />1840 25TH STREET <br />LERO BEACH, FL 32960 <br />TELEPHONE: 305-567-8000 <br />PURCHASE OPTION <br />DELIVERY ADDRESS: <br />F <br />1725 17TH AVENUE <br />L RO BEACH, FL J <br />TELEPHONE: <br />jlh <br />CUSTOMER NUMBER: <br />EQUIPMENT SPECIFICATIONS: <br />MODEL SERIAL NUMBER , DELIVERY DATE VALUE MINIMUM LEASETERM RATE PER MONTH <br />140 X 24 FL -01322-325 1 01/*/86 $ 639250.00 1 12 MONTHS 1 29200.00 <br />PROVIDED THERE IS THEN NO DEFAULT, AND HAS NEVER BEEN A DEFAULT; BY <br />LESSEE UNDER THE LEASE AGREEMENT APPLICABLE TO THE DESCRIBED EQUIPMENT, LESSEE <br />MAY EXERCISE AN OPTION TO PURCHASE THIS EQUIPMENT AT ANY TIME PRIOR TO THE <br />TERMINATION OF THE LEASE BY PAYMENT TO THE LESSOR OF THE DIFFERENCE BETWEEN: <br />A) THE VALUE OF THE EQUIPMENT AS INDICATED ABOVE: AND (B) 60 % OF THE RENTALS <br />PAID BY LESSEE. UPON RECEIPT OF SUCH FULL PAYMENT PLUS ALL APPLICABLE TAXES, <br />LESSOR SHALL EXECUTE AND DELIVER TO LESSEE APPROPRIATE CERTIFICATE (S) OF ORIGIN. <br />77 <br />DEC 111985 BOOK 62 f -'Ad . <br />