HomeMy WebLinkAbout0832 w..~.., M.~-...~..~ - . . • • ' ~ RECOttD ~pnN ~ ~1 ~~a~t ~ ~
~ IAl
INSPECTION: Ls~ ~haNr ~ hqw~t~d, adviN L~s:a~? ei th~ ~aa~ looatio~ aed ooed'~tioe of Ib~ p~dpn~t snd sbip 9iw
L~ in~n+~dl~ta ~ofia of ~ akad~n! ~ othw 1~~ P~ ~~P^~~• a~d ind~i~ ~nd aw t~a 1~•
ba fron~ a~ry lo:s vr dami~ u~d +A~+bp. L~aor m~y, for 41» purpoa of inip~efion, ~t ~M na~nabl~ ~im~t ~ntw vPou ~I jOb. ~
blll~~ a~C~ M~I~f~ ~N ~{t~~111 ~ ~OC~ldi N1d fMy fM10Y~ t~N lq11~p111M~ ~Oft~IMl~~ 1Nh~WY~ 110~q ~O ~iiN, ~~N ~Yi~
n~ b. i~ fh~ opinion of L~, Mi~q u~d b~yond ih e.~paeily or ln any mann~ impropwl~l wnd for o~ ~buad.
~ NON WAIVER: Tim~ is of 4M ~u~nc~. les~': faitun ~f a~ fim~ to nquir~ sfrk! pKfaman« by L~ssw of ~ of 4h~ provfdaa
r~ Mnof ~aN no~f waiw or dimtnish Leuo~'s riqh+ fMrwflw M d~mand if~iat eoniptianos tl+erowith or with ~ny MhK provfsion. ~
WaivK of sny d~faul~ ~ not waiw any otMr d~faul+. L~uo~'s eights h~undK an eumulatiw and no1 dhrnatiw. ,
~
NO WARR/lN1Ys L~sor, not b~ing th~ menuf~elwK of N» ~quipen~ nor manufiaf~+~w's ~qMt. ~ak~s no w~a~+f~l +9~~ P+~ ~
or lat~nt d~f~ets in mat~rial, workmanship or apaei~y of ~M ~quipmMl~ nor waKU~t~ fha~ th~ ~quipn~nl w~l a4is~y tl~ hqu~w
n+enfs of a~ry law, n+k, ~cifiution or conkae~ whkh provid~ fo? ~eific madrinM? or opKators. a:p~ei~l n~4hoe~i a1 fiab~ili~s
. s~i:inq therefrom ~n auumed by Le~sN ~1 Hs sois ~isk ~nd ~xpe~. No oral ~9M~~~ 9~++~+^fY. P~^i~~ ooedi~ioe, np~n+~- `
fion or wura~ shaN b~ binding; all prior ooevenafioe~, agroam~nts or np~ntations ~+lahd h~nto ~nd/or +o said puipm~n~ ~n ~
inhgrahd Mnb~. No modiRution hKSOf sluN b~ bieding ~~u in wrifieg dge~d by l~sor. ;
. POSSESSION: t.~s~ oowna~s to and wilh L~s fhat L~tto~ h 4M lavrhd ownK of said ~quipm~ fn~ ~rom ~II ~newnbr~nas ~
and that. coRdit'wnsd upon Ls:ss~': pKfonninq fhs eonditions hs~sof~ L~u~~ ilull psaw~Wy ~nd qui~Hy hold. posss~ aed u~ th~
~quipment du~ng said tero+ wi~houl let «h~anc~.
~ D~AULT: In !M w~t of L~'s d~feuk h~nw~dK or becomieg in:olvN+t or if L~ ~sa~s doing businsu s~ a qoing ooearn, or ~
' if ~ pstifion ~ fiNd by or ~gain~ L~ss~a undK 4!N &nkruptry Ae~ cr any an+endm~nt tMnto (induding a psfifion for horqan~afion ~
~ or en e~nsion~, or if L~sN, wkhou~ L~s:or's prior eonsent~ akanph M nn+ov~ or s~N or 1ra~fer or ~newmb~r•or wbt~f
or part wifh fhs pouesdon of ~id puipmenf, Leuor ~nd/or ih agenh nWy wfthout nofie~ or I'iabUi~ or I~gal procKt ~nt~r into %
any pwmis~ of or ~dK conlrol or iurisdie~ion of Le:see or anr ag~ of L~ wh~n s~id puipmenf may b~ or by L~ssor h
. b~i'~wd M b~, sed npoasu ~M puipment, d'aaonnacting and sspar~tfeg ~p ~~of fran ~ny othK propsrly ~nd usinq aM fo~e
n~e~ary or pem~ithd br ~pptteable law so to do: Lessee I~eraby ~xpr~ssly wsiv~ ~M furlfiK riglik to pos~sion of fh~ squipn~nt
~ and aN daims for &~j~ suR~nd 4hra~gh or loss uu~d by wah npossession. Sbouid anp I~gal Proe~d~e9 b~ i~it~rted by L~uar to
rscover any mon~ys dw a~d to bseon~ due hsrwnder and/or for pos~ioe of N~s equipm~, la~ ~sM pay • n~sonabb wm
1~5'/• of tM an+ount wed for if not proh~iMd by law~ as aftorney': f~„ to bs nat I~st 4hae =50. ~
. ASSI6NMENTS: Nei~hx #his kas~ nor lsssN's righh ~ereund~r:haM b~ suignabl~ s~pt wifh L~stor's wriH~n oo~asn~; fM ~on. ~
' difio~ Mroof shaN bind any pKmiHsd woo~sors and assig~ of Lessee. If Lessor assigns fhs ronb ~eved Mroie or ap or ~y of
' Lessor's oth~ rigMs hKeundK, auignei
s rigMs sha4 b~ indep~ndent of ~ny daim of LsssM aqe'u~sfi L,sssor.!t~ssses on nceiving .
} notioe of ~ny wch assignn»n~ sha9 abids thanby snd maks payment ~ may 4Mroin b~ dine~sd. Fdlowing wdi anignmenf,tM
~ 4erm »Les~?i• ~sN b~ de~n~sd to induds or rofer to Lessor's assignss. ~
' MISCq.L/1NE0US: Lesss~ w~ not ehangs or remove anr i~ignia or kNKing on th~ equipm~nf and shaN caispiwousl~? identNy aaeh
i~em of ~ kas~d ~quipmen~ by witabis k~ing fMr~on to indir.al~a I.~ssor': ownwship. Aq fransporf~fton charges shal b~ borns -
; by L~s:es. ~?q notic~s rolsting her~to ~I bs maibd rsgisterod to Leuor or l~sse~ ~ Hs n:psetiw ~ddrost ~bow ~own or ~~ny
; latsr addrou la~ known to 1hs ssnder. lf eny par~ heroof is coetrary to, proh~ihd by or desne~d invafid uedK appficsbl~ laws or
~ rogulafions of any juri:diefion, wch provi:ion slap bs inappliesbls and dsemed an'~ed but shaM eot invatidate 4hs remainin9 Pro-
' viiwns heroof. fe uss of ~n~/ defa~ by Lsssee herounder aM wms due ~nd i~o b~oon» dw Mnund~? shaN, at ths option of Les:or .
~ or sny auigne~ of Lessor. becoms paysbl~ forFhwith. trsss~s wsiv~s aM ~igMs und~ eq ~atsmption laws. L~sses admits the rxeipt of .
a trus oop~? of tha 6quipnMn+ lease. T6is kess is ~revoeabls for +he fuB term bereof ~nd for 1M aggngah n~el l~srein n~ewd,
and tl~e nnt shaN not abste by reason of #enn'u~ation of Lessee': right of poss~sion and/or fhs taking of passe:sion by Les:or or
' for any other nason, and def'upuent instalments of rontal ~ap bear interest at fh~ li~gl~t lawful confract rate. In ease of any
dsf~uH by L~~ Mrsunder. L~uo~ may se8 ths squipment or may re.lsass ths equipmen} for a lernn aed •a rentel whic6 mey b~
: ~ ~qual to, g?eaf~r tlan, or I~s than fl+s ro~al and tsrm herein provided. My proee~ds of sals, hceivsd within 60 deys affer ~
; reposs~ssion, or ary rental parnenk recsived under a nsMr lease made withie'wcb 60 days for th~ psrfod prior to fh~ hcpiration
of tha leau, less les:or's ~cpense: of taka~g posses:ion, ~oroge. roeonditioning and ssb or n-IMSinq, ~p bs appl'~d on fhs
Leues': obligations hereunder, and lessee shaM remain (iable for the bslanee of the unpefd aggrogah hntel sst foelfi above.
LsssM': 1'iab~1'~ty ~ not b~ rodueed bq roason of any failu~s of lessor to seA or ro-let within wcl~ 60 dayt,
; ~ PURCHASE OP'TION: At eny twns afte` ~ 6/~ ~w~r. o~,~,~ 19
63 , if t.~sss~ h~s paid in fuM d Nntelt owinq lNri.
' j undsr aed b~ not 41an in d~fa~ horeunder, l~ss~s shaQ haw ths op~ion 1~o purcha~ said ~quiP^^~ ~P~ 9'~~9 wri4~en nof~e
~ not I~ss than 30 days prior to expiration of ~ original ferm henof. The purcha~ prios sha4 bs: a61~903.'13
; Les~ wiesrned fin~snce ig paid at~ad of leass ~¦aturlty caeputed at 6'~ pas aanm.
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