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~~»7~ LOtAT10N LEASE AGREEMENT CJ~~~ Q~
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THIS AGREEMENT made and entertd into this 31 day ot- MaY . 19 , by a Oetween
n n ~ c~vvTrt~c~I~~~ American Mueic Isirt & lorida Music- Co_ Div 6682 & 6683
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t18 P~rk Sire~t. W~st P~~~n Be~c~. Flonds. 1+~re~nal~e~ r~~~n~d ~o s~ Companr. •nd ~'alomino Properties Corporation ~
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Phillip J. Waldbillig. President & Jarnes Larimore. Sec-Treas ~~reinaiter roferrcd to as Proprietor.
WITNESSETH:
WHEREAS, the Proprietu warrants and represeMs unto the Compsny that the business know~ ss
Palomino Motel'Rv~staurant & Loun~e
a~d bcsted ~t 2301 N. Federal Hwy . Ft. Pierce, Florida. is owned by the Proprietor, and
WHEREAS, the Proprietw wsrnots and rep?esents uoto the CompaMr thst there a?e ~o othe~ agreements DeMraen tAe Proprietor and snyone else
in force snd eftect as pertsins to ooin-operated machirns of lhe type ss heroinsfter specified: snd
WHEREAS, the Company is in the Dusiness of kasi~, renti~, senicing, opersting, maintaining s~d repairin~ of coinopersted mschines; and
WHEREAS, it is to the mutusl Denefit of esch party hereto thst they enter into an sgrcement for the placement, Senicing snd maintainir?i of csr-
tain coinoperated machines in the aforementiwied locatiwi.
NOW, THEREFORE, in considentan of lhe sum of Ten and No/100 (510.00) OWlsrs, qch to the other in hand paid in cssh, and other Qood and _
valua0k oonsiderations as hereinafter set lorth. lhs WrGes he?eto sgree ss follows: ;
1. The Pmprieto? rcpresents and warrants to the Compsny that the Proprietor is the owner of the aforementioned business and that said business ~
is duy and D~~b ~~~e~~ by all required suthorities, snd further, that ths undersigned is authorized and empowered to entef into thiS AgeemMt. ~
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2. The Proprietw he~eby agrees that s spsce riill be p~ovided within the atorementioned business at the sforementioned sddress in which spsce ~
the Compsny agrees to install, operate, service apd maintsin for the duntion of this Agreement, and any renewal periods, ooin-opented vendinQ machines _
of the types hereinafter specified, said mschines at all times to be ptaced by the Proprietor in a conspicuous ptace and to be resdily scussibb to the
public patronizing the Proprietor's prcmises. ~
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3. It is understood and agreed thst the Comp~Y sh~ll lnsbll, opente. serv~ce and maintain coinoperated mschines on the Proprietor's premises. ;
ar,d that the income derived from said machines shalt be divided between the ComPanY and the Prop~ietor ss follows: qr -
(a) I?s to music roschices. ~•S~ 1,(,- t~~~ ~ y rc f~ ~~,D.~ h?us i c /t" ~~l £(°t~- Y
one dart 1tT1@(b) s^'~usem~nt game machine• s~_L~-~J~ 's I~~ ~ U~'
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e m a c n~ ~ In Restraunt, 1 in Loun e 55ct. vend 5 1/2 cent s_ per ~ack ;
4. The Proprietor does herebY ackrwwkdBe receipt trom the Compsny of the sum of = said "
wrt~ eonstitutina a ~
bOriLB snd being deerntd furthe? co~sideration u~der this /1Qreemen s~ Ltfe~i'oprietor agrees t~ repay said `
monies to ths ComWnY u follows L
~1~P.~ 00 Fi fteen Hundred Doll~~s) in advance commissions to be paid back to Florida Music -
arnPrican Music A/R/A services Inc. ~veekly from the proceeds due to the Palomino Corguor-
ati~n.u~#.+~ t1'?~' ^hc~vP id amc~nnt .~15Q0 _00 is nai_ d_OI~~kT 1„ Q C 4_r~ Z~SiC'(~~_LUC~QK .
Ij IN WITNESS E EOF. the pa?ties hereto have hereunto set their hands and sesls, the day and Yea? first above written.
j THIS AGREE IS SUBJECT TO THE MS ND CONDITtONS ON THE REVERSE SIDE HEREOF.
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p Signed, sealed a de red in presence of: PROPRIETOR:
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As to Proprie ~PANV: Y
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fLORI A M SI C. flwid rooration. dJb(a florida u Ca
By ~
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~ As to Company FIORIDA USIC GO., Fl •tioe. d~b~s FIoriA~ Ciysnn~ Co
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& FOR AND IN CONSIDERATION of the covenants oonhined in the above snd iwegoing Locstion lease Agreement and in o~ to induce the Com-
; pany to enter into the sbove Agreement with the Proprieta, t herewith by the ~ecution of this t d0 personally snd unconditionally ~usrsntee
: to the Compsny the full and complete periortnance and comDlisnce by the Proprietor vritN tondi ' s th' L
~ , f„ a SEAL) ;
~ STATE OF FLORIDA _ - _ `V t ~
COUNTY OF ~t~+~~ J -
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BEFORE ME the igned autlarity, duly qualified to take scknowled~mmeots and sd nister oaths. personalry appeared -
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who acknowfedQed that theY have resd ioreBanQ A~reemen ndersbnd the contents tl~ereof. snd scknowle~6'~ same fo? the Purposas therein oon-
~ iained.
~ IN WITNESS WN EAF 1 hsvs herounto set my hand and official seat, In the State a County lut aforessid, this dsy of
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