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event of losa or dAmagc ot' uny kind whatever t~~ ~ny itrru c~f c~ryui{?m~i~t, 1~~~~c•~• nt 1h~ n~,1i ;n ~~f 1~•:~^ ~
~hall: (a1 ~,lace tlie s.vc~e in ~c~oci n~pair, cou~litiun and working ~r~f~r; or (bl r~•{+i:~~•~• th~~ ~:tiuc ~~:?th f~~~•
eyuipment in ~o::d rep:ii?•, conditiun an~l worl:inR oracr. I.c~src furth~~r ~i~r~•~•~ t., .r:~intair~ fir~• ~n. ~u••~ii•
with exten~led co~erngr provisiona io tlic fuU inaurable ~~.^.h:e of Ihe ~~c,ui~uncnt ~~?u•in~ th~~ t~•~~in r~; +1~~~+
IeA:;e or u~~v extens9on hcreof. Suid insurance sl~nll bc~ wi•itten in a~'om~~~uy : a.i~t:~~ tory tu 1~~~«r,r, ~ai~l
(:omn:u~y to be liceused in State in which equipm~nt. is l~nt~d, :~n~l 1he )r::::~,r :.i~:~l1 tK~ th~;r~~~n n:sr-u•~i ~s
the lo~.~ E~ay~'c;. Tlie I?olicv of insurance ahall ba at the sole cost and ex~x~nr.c~ ~,f ic~;~~~: it :ball Ix; ~li~~~~~~,i~~•~1
aith tbe lessc~r durin~ the terin of th~ lear~e and shaU contain an ea~ic,i~;~men! th:~t tl~e i~~:•urar~~~~~ ~~?v~~r-
ag~~ ghall n~t be cancelted without 30 days prtor notice t,u ie~or.
9. 3urrendec: Upon tbe expiratlon or carlier terminatlnn uf this lca~e~ lcs~ee Rhall nturn to l~s:u,r tL~~ equip-
ment in good repair~ conditic~A or K~orkin~ order, orrltnary wear and tear res~~ltin~ fram prnJ~c•r ~::-~•~thrr~K.f
aIOD(` CXCC~~ted, by deiivering it~ ~,ackcKl and reudy for shipmc~it. to :tuch ld:ter. ~~r c:u'rier as i~•~ ~~~r m:,y
specify within the city or county desitiunted in parag~~aPh 3 ah.ovc.
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10. Tazc~: I.essec?. shall kee_o'tbe equi~~ment free sad clear of all le~•ic•s, liens and ~nc~in,br.:~:cc•:; sf~~l ~~h-~U ~,ay
all liccn.sc fccs, rnp;i~tration fec:~, a~.sc~n,euta~ charKes and taxes (~1111A1CIj~1I, Sl.,t~• a~~d }~'~•cf~•~•:,l? in~•!~.,~1-
ing but not limited Lo ad valoreni taxes. whicb mny now ur t~ereafte~ Uc i~np~,scd u~~on tl~~ ~~~.~n.•r~ t.~:~.
l.~ssee leasin~;, renting~ sale, pc?ssession or u.~.o of equipn~ent. il~zder no ci~rucnstanres i~ thc: 1F~::~?r r~~~:~:~~:z-:n'~• t~~r
the p3yment of Pcrsonal Pibperty Taxcs. The les.~ee agrecg to repart thc~ cyuii~meut eo~~crc•~l i,y thc i: •,s: e,
where reyuired~ to all taxing agencie~ i~d i~ to make payment uf all taxes dir~r.t to the j.r~?i~r a~en•:y.
Failure ta do so will voici tiny option.g or contengeneies and wiU t,e cauxe fo~any une or :.~~par:~tc act~,~ns
as ouUined in pai•agraph 14 tiUed 1)r'.FAULT.
11. Invtsffation: I.ess~c shall pay aU cos~~ of installation. includin~ dray:~~~ lr~m-n~•:~rt>t trans~,~,?-tat<<~:~
termin~, unless otherKisc~ s~~ifically set forth in writiog and si~,mccl by M,ti~ lc~:~c•~~', and lr:•~~,:~'~ r~•x.re-
I.~ssee ;~ntntive at time lessee signs lease. Such an agreement to be att:~ch~d t~, an~i bcc~~n~~ a E~:+rt r.f thi; R~'1f.f•-
ment. IJnder no circumsta:?ees does le.~or agr~ to pay the cost of electrical wirinc; or plw:~t,ing in ~~j.n-
necti~n aith the installation of tLe equipment covered by this agreemeut.
12. Warranti~: T.e~.9ee scknowled~es th~t lessor has mad~~ no representati~~ns ~tnd that them are na K•arran_
1.~ss,c~e ti~•s, either ~xpre_c.scY~ ur impli~d, except vrritten warranties provided by les_~or, as:to any matter K-hat~u_ ~
c~er in~tudii~K, but not liinited to. thc coi:dition uf thc equipment, its incrct~antability ur fitnc•ss f~~r s~ny
particular E?urEwse.
' l3. Ind~mnitp: Lesse~e .shall indcmnify les.ser against. and hold lessor harmle~.~ from any :ind alt claims.
~ ar.tions, suits, procecyjin~s, cc,sLs, ex~~ises, ds,magefi and liahilitie-s, includin~ attor~iey s fe~~s, arisin~ out
I of. cot~n~~:tc•d ~citli or resultiii~; from thc equipmcut, includ'uig wit?~nz~t li~~~itatiun the manufa~~ture, selec-
E tion, deliv.~ry, ~w~s::.~iou~ a~c, uper:ition~ or return of the equipment.
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' 14. Def~ult: If lessee with reg:ircl ta any item or items of equipment f~ils to pay any mnt or other amount
herein };ro~•id~~ vc~tt?in tcn I10) days after the same is duc an~l ~~~~ahle, or if lc:,~:eF- a ith r~~~ard to anv
item or it.ems uf c~~uipn~ent ftils tc~ obu~rve, kcep or perform ~ny olt~er ~~r~~visi~~n ~f this leas<• requir~d
~ to be obsetved, kc~~l or perfortned by l~:~vee~ les.sor shall have thc right to exerci5e any one or n~ore of the
~ following remcxiies:
(a) To declare the eutim amount of mnt hereunder immediately 3ue :~n~l pay.ible :is to any or all items
of cquipment. with~,ut notice or demand to lessee.
~(b) To sue for and ri•cover all rents, and other payments, tl~n accruGd or thereaft,er accn~ing, with rc-
spect to any or :ill items of equi~,ment. .
- (c) To take jx,s:,r~.yir,n ~f ~ny oi• :ill ilems of er~uip~ient without demand or notice, whereve~' .same may
be located. ~~~ithuut ar.y court ~,rder or oUier proe~ss. of law. I.essee liereby xai~•es any and all dam-
ages occa~i~,neri by such takin~; of E?os.session. Any said takin~ of j?o~,c~~ion ~hall not conctitute a
termination of this l:~a.u~ ay to any or all iten~s of equii~ment unless Icssor expressly so notifies lessc:e
ui writing.
~ (d) To tcrmi;~aG~ this lea:~e sis to any or all items of equipment. ;
~ (e) To pursue any other rnmedy at law or in equity.
~ Notwithstanding an~• ~aid re~~ossc:;sion~ or any ot~:er action which le~.sor may take lessee shall be and
reinain liable for t6e full pectormance of all obligations on the part of lessee tu be performc~ci under this
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lea.se.
I:PSSee
- All ,uch r~medies are cumulati~e, any may be exerci5ed concurrently or separately. ~'Vai~•er of any default
shaU t~ot waive any other c3efault.
15. Rankruptcy: iVeithe: this l~:~se nor any intcrest themin i4 as.siRnabl~ ~r transferable by operaUon of law. ;
If any ~?rocc~ins~ :in~le~r tha I;ankruptcy Act, as :im~•nd~d, is cotnmenced by or against the Iessee, or if
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