|
} v'
<br /> DE MUNICIPAL
<br /> LEASE AGREEMENT
<br /> NATIONAL BANK LEASE COMMENCEMENT MUNICIPAL LEASE NO.
<br /> DATE
<br /> oAw ROMe
<br /> FULL
<br /> LEGAL NAME 4' wlill -yam SELLERNENDOR COMPANY NAME
<br /> ile ,
<br /> �a
<br /> ADDRESS
<br /> ", 0 1'fry fl ,,l s
<br /> BILLING ADDRESS
<br /> CITY STATE ZIP
<br /> Y
<br /> city COUNTY STATE ZIP
<br /> SALES REP. PHONE
<br /> ( I - G "�
<br /> SEND INVOICE TO PHONE
<br /> ATTENTION OF tl�Fael: ( 12 &)�V OUNT OF PAYMENTS
<br /> is The original term of this lease shall be months
<br /> EQUIIPMENT DESCRIPTION plus such renewals or extensions as may be agreed upon from time to time.
<br /> EQUIPMENT LOCATION The monthly rental payments (exclusive of applicable sales or property taxes if any)
<br /> IF NOT SAME AS ABOVE `� shall be as follows:
<br /> CITY ICYUNTY STATE ZIP V
<br /> per month for the first ' �)
<br /> 7 / - � � , - months.
<br /> (Plus applicable sales taxes, if any)
<br /> QUANTITY p y MAKE, MODEL NO. SERIAL NO. $ per month for the following months.
<br /> (Plus applicable sales taxes, if any)
<br /> 7 t ' % .L° �� 1� �/ �R✓! &Cw Self Insured Yes No APR °%o
<br /> Lessor is authorized to insert detailed description adding model and serial numbers, accessories and parts.
<br /> Non-Cancelable Lease. This lease cannot be canceled or terminated except as expressly provided herein.
<br /> The undersigned Lessor hereby agrees to lease to the undersigned Lessee, and Lessee hereby agrees to lease and rent from the Lessor, the equipment
<br />and personal property
<br /> above described (or in the schedule, if any, annexed) with all replacement parts, repairs, additions, and accessories incorporated therein and/or affixed
<br />thereto (collectively referred
<br /> to as the "Equipment" and/or "Property") subject to the terms and conditions stated below and on the reverse side hereof.
<br /> 1 . TERM and PAYMENT&ACCEPTANCE OF PROPERTY. Subject to the con- Lessee, at all times keeping the Equipment free from any legal process or encum-
<br /> ditions hereinafter stated and on the reverse side hereof, this lease shall be for the brance whatsoever, including but not limited to liens,
<br /> attachments, levies and exe-
<br /> term above stated, commencing with delivery of the Equipment described above to cutions, and shall give Lessor immediate written notice thereof
<br /> and shall indemnify
<br /> Lessee or to an agent of Lessee, which shall be evidenced by Lessee's execution Lessor from any loss caused thereby. Lessee shall not so affix
<br /> the Equipment to
<br /> of a Certificate of Acknowledgement and Acceptance of Leased Equipment made a realty so as to change its nature to real property and agrees
<br /> that the Equipment
<br /> part of this Agreement, as further proof of such commencement. Upon delivery of shall remain personal property at all times regardless of
<br /> how attached or installed.
<br /> the Certificate of Acknowledgement and Acceptance, Lessee has no right to Lessee shall keep the Equipment at the location shown above,
<br /> and shall not
<br /> revoke, reject or repudiate the Equipment. Lessee agrees to pay the total rental for remove the Equipment without the consent of the Lessor.
<br /> the term , which shall be the total amount of all rental payments stated above. All
<br /> monthly payments of rental shall be payable on the commencement date of this 2. TAXES. White subject to this lease and in addition to the
<br /> payments to be
<br /> lease and on the same day of each month thereafter and sent to the address made pursuant to Paragraph ( 1 ) hereof, Lessee agrees to
<br />indemnify and hold
<br /> directed by Lessor, or its successors or assigns. Provided however, that neither the Lessor harmless from and against and to pay Lessor, as
<br /> additional rent, on
<br /> Lessee nor any political subdivision thereof shall be obligated to pay any sums due demand an amount equal to all license, assessments, sale,
<br /> use, real or personal
<br /> to Lessor hereunder from ad valorem taxes. The rental payments hereunder shall property, gross receipts or other taxes, levies, imposts, duties
<br /> or charges, if any,
<br /> be absolute and unconditional without abatement, set-off, or counterclaim . whether imposed at the inception or during the lease term, together
<br /> with any penal-
<br /> ties, fines or interest thereon imposed against or on Lessor, or the Equipment by
<br /> Lessee intends the rental payments hereunder to be absolutely net to Lessor, and any governmental authority upon or with respect to the
<br />Equipment or the purchase,
<br /> Lessee shall comply with the laws with respect to, and shall pay all taxes, license ownership, rental , possession , operation , return or
<br /> sale of, or receipt of payments
<br /> and registration fees, and similar charges imposed on the ownership, possession , for the Equipment, except any Federal or State income taxes,
<br /> if any, payable by
<br /> or use of the Equipment during the term of this lease and shall pay all taxes Lessor. Lessee may contest any such taxes prior to payment
<br /> with due diligence
<br /> imposed on Lessor or Lessee with respect to the rental , payments and leasing of and by appropriate proceedings provided such contest does
<br /> not involve any
<br /> the Equipment, except Federal or State net income taxes imposed on Lessor. adverse risks to Lessor's interest hereunder.
<br /> The Equipment identified herein shall be purchased from such vendors as are 3. LESSEE'S COVENANTS and REPRESENTATIONS. Lessee covenants and
<br /> selected by Lessee; provided , however that upon execution hereof Lessee shall represents as follows:
<br /> thereby represent and warrant to Lessor that Lessee has executed a binding oblig-
<br /> ation to purchase the Property. Such Property shall be delivered to the Lessee free (a) Lessee is a governmental entity and political
<br />subdivision of the state of
<br /> and clear of all liens and encumbrances or interests of any party therein except the Florida, duly created and existing pursuant to the laws
<br /> of the State of Florida, and
<br /> interests of the Lessee and Lessor hereunder. The Lessee shall at all times keep has the full power and authority to enter into this Agreement
<br /> and has taken all
<br /> the Property free of any liens or encumbrances. Lessor shall not pay any monies appropriate steps to authorize the acquisition of the Property
<br /> pursuant to this
<br /> to the vendor or the Lessee for payment to the vendor until Lessee certifies to the Agreement and upon execution hereof by Lessee. This Agreement
<br /> shall constitute
<br /> Lessor that Lessee has accepted the Equipment hereunder. a legal, valid and binding obligation of Lessee, enforceable in accordance
<br />with its
<br /> Lessor shall at all times retain title to the Equipment. All documents of title and evi-
<br /> terms.
<br /> dences of delivery shall be delivered to the Lessor. Lessee will not change or (b) All payments hereunder have been, and will be duly authorized
<br /> and paid
<br /> remove any tags, insignia, or lettering which is on the Equipment at the time of when due out of funds then on hand and legally available
<br /> for such purpose. Lessee
<br /> delivery thereof or which is thereafter placed thereon indicating Lessor's ownership will to the extent permitted by State law and other terms
<br /> and conditions of this
<br /> thereof, and at any time during the lease term, upon request of Lessor, will affix to Agreement, include in its budget request for each successive
<br /> fiscal period during
<br /> the Equipment in a prominent place, labels, plates. or other marking supplied by the Term of this Agreement a sufficient amount to permit Lessee
<br /> to discharge all its
<br /> Lessor stating that the Equipment is owned by Lessor. Lessee shall at its expense obligations hereunder and Lessee has budgeted and available for
<br /> the current fiscal
<br /> protect and defend Lessor's title against all persons claiming against or through period sufficient funds to comply with its obligations hereunder.
<br />
|