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COMMERCIAL LE:ASE AGREE.'NENT ; ' ' s~~.~.~.
W. E. jOHN~ON EQ,,U_l~lrtEN'r CO~JWY ?Y~.AlIDLR .LSYl~1t CQIrLP~IX.._..... c~s~Q
_ ~1V1f~0!! 0~~~~0~~~~ l'~-. '~4~!l.~..~ ~......Lee.9or
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3A0 Ea~t 10~h_ Co~ P,O. dox 33! . 301_3 Ob~au~c Awnwr.. ~4?~d..~!.'ti~#''.0!~.a..~.l~?.
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:.,t.,~r:, ~iaL~ah, t~ar~aa ~ oll Addreas
Lessor hereby leasea to the Lessee foi• a period of months, commencing ori the ..1 Z.. day ~f NOVYlflbi! lg s~..
the follo~ti•ing described praperty for a total rental of - - - - - - - - - - - - ~..-1-Q_~.9.7.~...~.
Description Model No. _ Serial Nu. _
On~ I~t~w CL~11lL Potk Litt 1Yuak - 600~1k cepeoity. CFY-60. ~FY60-1~l-710-1165
Gasoline pow~r~d. Pn~umatla tins. Awt Driw. , Motor ~~Z138
61" catriag~. 8td. maat - 147"IdFI~, 97-1/Z" OAH.
8td. transmission. POM/YY 3LNrinq. D. O. Guaur~d.
46" hiqh I.oa?d Back l~st.
Lessor hereb~• acknati•ledges receipt of $......i._........!..........
of the total rental and Lessee hereby promises [o pay Lessor or assigna - - - - - - - _ 5..7.e~78.e~....
the balance af tne 1•ental due hereunder, in ......~9.- monthly installments of - - - - - _ $..~13-~?'..97
~n~i a fir.al instaliment of $.....1~~-•4~........ bc~inning an .......~la~~~. l.Z.~l..._..__....__.., 196.~, and continuing on the same
dri~• ~~f each month thereafter until paid in such coin or currenc~• of the L'nited States of America as at the time of pa}~ment shall
b. legal tendei• foi• the pay~ment of puU;ic or pi•i~•ate debts. If thei~e is more than one Lessee, such promise to pay is both joint and
se~•eral.
Lessee shall keep saic~ propert~• at . 30X_:~..~,~~?"~3~~~r..Ave.~~.,. Ft~~C'k. p.=~~"iw1.~._ ~A~t Z.1aC~~..........
So. street ('ity County
FiG~'~~ , and I.essee agrees not to remo~~e same from the said ccunt~• ~~~i?hout the express consent of
Et.ite
tiie I.essor. Said propert~: shall ai~~~ay~s remain and he deemed to be persanal propert~~ and Lessee shall not permit said property
to ~zcc~me realt~•.
Lessee sh~ll, ~~•hene~•er requested, ad~~ise Lessor of the exact location and condition of the property and sha]! give Lessor im-
riiediate notic~ oi an}• le~~~~, attachinent or other judicial process affecting .he propert~•, and inden~nif}• and sa~~e Lessor harmless from
ant• lc~ss oi~ damage caiised thereby. Lessot• mat~, for the purpuse of inspection, at al] reasonable timea enter upon any job, building or
place ~~•here the propertp is located.
Lessec ac~eF~ts and ackno~ti~ledgas receipt of the said propert~• in good cor.diiion and promises and agrees to keep and main-
tain :he €arne in ~;ood order and repair and to bear the expense of all necessar~~ repaii•s, maintenance, operation and replacement.
Lessee agrees an~- and all replacements, parts, additions, repairs and accessories incorpo:ated in or affixed to said property ahall
becume the pronert~• of the Lessor. L'pon the espiration of the term of [his lease, Lessee agrees to recurn the said property to Lessor
at his place of business as herein abo~~e described or such other place as Lessor directs in as good cond•,tion as it now is, reasonable
~ti•ear and te~r e~cepted. Lessee asstimes the entire risk of loss from hazard and agrees to keep the property ineured at Lessee's ex-
pense tc, protect all intec•ests of Lessor against such risks and in such amot~nts as Lessor may require, inctiiding the liabilit~~ of Lessor
for public liabilit~~ and property damage; and if Lessee fails to do so, Lessor ma}~, but shall not be obligated to, insure said property
at the e~pense of Lessee. Said inst~rance policies and the proceeds therefrom shall be the sole propertv of Lessor and Lessor sha11 be
named as an insured in ali said policies. The proceeds of such insurance, «~hether resulting from loss or damage or return premium, or
otiier~~-ise, shall be applie3 to~sard the replacement or repair of the said property or the discharge of the obligations of Lessee here-
under ~it tt:e option of Lessor. Lessee shall indemnify and sa~~e Lessor harmless from an~~ and all liability arising out of the use, main-
tenance and or deli~•ery of the ~i•opert}•. Lessee shall comply~ and conform to all ]a~~•s, ordinances ar.d regi~lations relating to the pos-
session, use or maintenance of the propertp and sa~•e Lessor harniless against actual or asserted ~~iolation and pat• all costs and ex-
penses of any~ character occasioned by and ai•ising out of such t~:olations. The Lessee ~+•ill pa~• promptlp ~ti•hen due all taxes and other
ptiblic or pr~iti•ate chai•ges against or upon the property as adr9itional i•ental therefor.
Lessee ackno~~•ledges that title to said propert~• is ~~ested in the Lessor anii n~ title or right in said property ahall pass to the
Lessee excep! the rights herein exp?•essly granted. Lessee shall r.ot permit an~• encumbrance, lien or le~y to be made en said prop-
ert~•, and Lessee shail not use or permit said property to t,e used in ciolation of ant• State or Federal Laws. The Lessee shall not
assi~n this lease nor artempt to sell mortgage, sublet or pledge the propert}~. t.essor not being the mantifacturer of the property,
nor manufacturer's ag~nt, makes no ~t•arranty against patent or latent defects in material, ~~•orkmanship or capacity of the prop-
ert~• nor t~'arranties thai the propert~• ~ti-ill fit the reyuirements of any rule, specirication or contract ~•hich provides for specific
n?achiner}' or special metho~s, ali liabilities arising therefrom ari~ assumed b~• the Lessee as its sole risk and expense.
Lessee shall ha~•e no po~~•er to terrninate this lease during the term hereof for any reason ~~•hatsoe~•er. Lessee promises to pay
the aggregate rental reser~•ed heretinder under all circumstances and rent shAll not abate b~~ reason of loss or damage to the property
or destruction thei•eof or for any reason «•hatsoe~•er.
Time is of the essence hereo; and if Lessee shall fail to pay any rental as herein provided or if LesseP shall default in per-
formance or shall fail to obser~•e, keep or perform any other provision of this lease required to be obszrved, kept or performed b}•
Lessee, ar if Lessee ceases doing busimss as a go;ng concern or if a petition is filed by or against Lessee under the Bankruptcy
:act or am• amendment thereto, or if Lessee shal] make an assignment for the relief of creditors or take advantage of any ]a~ti•
foi• the i~etief of ciebtors, or if a:eceiver or an~~ officer of the court be appointed to ha~~e control of the property or as5ets of the
Lessee, or if Lessor shall deem the property in jeopardy or feel insecure, the full amount of rent then unpaid hereunder shali at the
option of the Lessor becon~e due and pa~~able forth«•i[h and Lessor may at its option, and in addition to and «~ithout prejudice to any
uther remed}•, ~.cithout notice or demand and ~~•ithout legal processes take possession of such pro~erty ~~•here~•er it may be located (u•ith
all additions and suUs!ituUonsi, ~rhereupon all rights of Lessee to said property shall ~erminate Absolute:y~. Any such retaking shall
not i•onstitute a terrnination of his lease unless Lessor so notifies Lessee in writing and Lessor may at ita option sell the property or
re-lease the propei t}' t~pon such ternts and conditions and for such term and for such rental as Lessor deems xdvisaUle. Tn tYe even[ of
such a sale or such a re-lease there shall be due from Lessee an3 Lessee will immediatel~• pa}~ to Lessor the di8'erence bet~~~een the
total r~~ntals to be i•ecei~~ed from any third pei•sori or the pl~rchase prire at such sale as the case may be and the total unpaid ren?al
prc~~;cled to t~e paid hei•ein, plus all costs and eYpenses of Lessor in retaking, re-leasing, fransporting, repairing, selling or other~ti•ise
tiandling said pi~opert~~ incltiding attorney fees.
:Vo dela}~ or omission to exercise ant• right, po~~~er or remed~~ accruing to Lessor upon any breach ~r defauit by Less°e imdet
this lease shall itnpair ant• such right, po~~er or remedti~ of Lessor, nor be construed as a~ti•ai~~er of am• such breach or c'efat~it, or
~i am• similar breach or default thereafter ocr_~.~rring; nor shall any ~+~aicer of a single breach ar default be deemed a~~~•a:ver of any
subsec~uent bi~each oi• defaiilt. All «•ai~•ers under this lease mtist be in ~ti•riting. All remedies either uncier this lease ai• b~• la«~ aYforded
[o Lessor shall be cumulative and not alternate.
If L,essor assigr.s ttie rents reserveci herein or this lease, Lessee, upon recei~~ing notice of any such assignn:ent, shall abide ihere-
b~~ an~l make pa~~ment <:s ma}• therein be directed. In the event of such assignment Lessee promises anc~ agrees [o settle all claims
against the Lessor direcU~• ~rith Lessor and hereby «•ai~•es, relinqttishes and disclaims any righ[ or privilege to «'ithhold payment of
oi- i•efiai,l from pa~•ing direct]}~ to such assi~nee an~~ monies no~ti• or hei-eafter dtie Lessor oi• other~t•ise refrain fiom obser~~ing, keeping
or perfurming ~ny pro~•isions of this lease. lf this tease is assigned the ~ti•ord "Lessor" as used herein shall meah and include such "As-
aignee". Such Assignee shall ha~•e all the rights granted Lessor hereun~ler.
~o orai agreement, guarantee, promisc•, condition, representation or ~ti•arranty shall Ue binding; ali prior con~•ersations agree-
r~ients or represenlations relating hereto andjcr to said property ai•e integrated in tnis lease.
F.secii?ed lhis _~Z~~k._ . day uf ..__..~t~s,?@lT1l:3~r_. _ . IA+, S
~I~i~ie.~~ ~ ~.~.,~~.P~. . _ TYLAN~ER . L _ R C~Ir'iPANgt
I., r . i ' ~ ~ ' Le:;ee - . . . . _
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Oft: T~ti: iil T;tlc
. ; ohnson -~`ice Fr~sident '
O~'TIO` TO PL'RCFi,~ISE
(none Rranted unless rompleted)
If Lessee siiall ha~•e compiied ~ti•ith all of tne terms and conditions of ihQ lease set out above and shall ha~•e paid +.he rent provided
tt~erein, the Lessee shall hat~e the option to purrhase ssi~i property on or before the expiratior, of the tei-m of the ahove lease tipon
l~a}•tn~~nt uf the additional aum af $....._..~..~.Q~.
Executed this ...........1. day of ._...H01filA'ib~~........ , 1N6 ~
w. E. T~xxav IPMENT COY~tPAN'C ._..~,yy,pNDER .C.f.~DdP~?~Y_
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L~ ~lvis i~~rf.. ~Y : fto s s , Ta~c . _ LP ~-=t / _
By:__. sy:...._x....~!!'~~.. -
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