HomeMy WebLinkAbout0021 , check M2928 G2i'""""- 3 K~
i 5912 LOCATION LEASE AtI;REEMENT 1,7v
loth May 45:8$0 19 78 _ ey and between
THIS AGREEMENT made and ents?ed into this day of
FLORIDA MUSK COMPANY, A FLORIDA CORPORATION
J Ili) Pork Place. W„t Polm flwch, Florido, hereinafter referred ro as Company, and Leonard Casey and
Maureen Casey - Jensen Lanes, Inc . Ilsreinatu? nhrnd ro as Proprietor.
r-
WITNE53ETH:
WHEREAS. the Proprietor warrants and repntssnts unto tM Company that the twsinsss known as
Jensen Lanes
AIA, Jensen 8th., Florida
and kxated ar is ownW by the Proprietart and
WHEREAS, the Propriety warrants snd represents unto the Company that them are no other.a`reaments Ostwoen tM Proprietor and anyone else
In fore end effect as pertains ro coin.Opsrated mschines of tM type as hereinafter specified; snd
WHEREAS, the Canpany is in tM business Of leasing, renting. servicing, operating, maintaining and repairing Of coinoperstad machines: and
WHEREAS. it h ro the mutwl Osnsfit of esch party Mnro that they enter into an agreement f0? 1M placomenf, ssrvleing and rrlainbining of qr-
tain ooinoparalsd machines in tM aforementioned location.
~ NOW, THEREFORE. In consideration W ttN sum of Ten and No/100 ti10.00) Dollars. escA ro the other in hand paid to cash. and OIhK good end
NYa1WbN considtrstions as hsrsinafter set forth. tM parties hereto agree as follows:
1. TM ?roprNMr represents orb warrants ro tM Company tMt tM Proprietor is tM owner of the aMremsntionad busirwss snd that sold OuslnYs
Nls duly and prOpnb licensed by all rpuirW authorities, and further, that tM undenignsd is authorized and empowered ro enter Into thb Agreement
~ The Proprietor herby agues that a spseo will be provided within the aforementioned business at tM aforementioned address In whkh apeq
tfla ConlpanY agrees to instal4 operate. ssrvip and maintain for tM duration of this Agreement, and any renewal periods, ooinoperatsd vending machines
- W the types hereinafter specified, xid mschines at ail times ro be placed by the Proprietor in a conspicuous plats and tp be readily aaessibN to the
_ puWie patronizing the Proprietor's promises.
S. It Is understand and agreed tMt tM Canpany shall instal4 operate. xnrice and maintain coinoperated machines on tM Proprietor's pnmisae.
and thst the tnoome derived Fran said msehinss shall bs divided between the Company and the Proprietor ss folk/ws:
(a) As to music maChinK 50/50 plus tax
ra 50/50 plus ta~_
(b) As ro amwsment game machines .
~ ~ up~tt. ma<I,i ~ .70 per carton commission to proprietor
1. THIS AGREEMENT SMALL BE BINDING UPON THE PARTIES HERETO, THEIR HEIRS, SUCCESSORS, EXECUTORS
ADMINISTRATORS ANO ASSIGNS, AND SHALL BE FREELY ASSIGNABLE BY THE COMPANY, ANO THE PROPRIETOR GOES HEREBY
RE?RESENT YHAT IN THE EVENT THE PROPRIETOR'S BUSINESS IS SOlO OR TRANSFERRED, THE PROPRIETOR WILL NOTIFY THfj
COMPANY At LEAST FIVE (!i) DAYS BEFORE FINAL CLOSING, THAT THE PURCHASER OR TRANSFEREE SMALL BE NOTIFIED OF
THE EXISTENCE AND OBLIGATIONS OF THIS AGREEMENT, ANO NO SALE SHALL BE MADE 6Y THE PROPRIETOR UNlE53 THE
PROPRIETOR SECURES AN ASSUMPTION OF THIS AGREEMENT BY THE PURCHASER. IN THE EVENT THE PROPRIETOR MOVES FROM
THE PLACE HERETOFORE DESIGNATED AS THE PROPRIETOR'S PLACE OF BUSINESS, THIS AGREEMENT SHALL REMAIN IN FULL
FORCE ANO EFFECT. 500.00
S. The Proprietor doss hereby seknowkbgs receipt irorrr tM Company of the sum of i ,said sum oautltuting a
Bonus and being d..n+.d fuRher consideration ands. this fit, and the Proprietor agrees To repay said
mOniea to the Canpany as folkfrrs: Said bonus to pro-rated over the length of this
agreement (5) years.
I
~ _
~ .
_y
r!
THIS AGREEMENT IS SUBJECT TO THE TERMS AND CONDITIONS ON THE REVERSE SIDE HEREOF.
IN WITNESS WHEREOF. tM parties hereto have hereunto set their hands and sests, the day and Yu? first above written.
Sip~W, sealed ,red delivered In pnsenoe of: PROPRIETOR: Jensen Lanes , c .
sE~lll
As to Proprietor COMP
FIORi A ~USIC c porotion, d/b/ Mwit
By i ,
e»•
As to Company
FOR AND IN CONSIDERATION of the ;.o+nnants contained In the above a forKo~ng Location Lease Agreement and in ordsr~p- the'~Om•
pony to enter into tM stave Agreement witA tM Proprietor, 1 herewith by tfls ercetutan of this Agreement do personally and canQeFid~ lly guersntee
to t1N Company tfM full orb compNb performance srb compliance by tM ris with the terms and conditions of this Agreement
S~Tf+ETMO~LORIDA Palm Beach } sE%LL)
Sg
BEFORE E the urbasignod authority. d 4wlifisd ro Lke sucrlowkidpnents sdmi s, pe Ily appeared
t~
and
who acknowledged that they have read the oregoing Agree t. understand tM contents thereof. and acknowledp same for tM ~(~M~aif~~,
coined. ~ : .
IN tTN WHEREOF. 1 haw Mreunro xt my and official seal, In tM Sbte County Isst ~ id, { o!
e l~y ' - ~ j cs
Note Public : C ,
FAQ fg OFF ~ G~ ~ ~ ~o
9rAEN of : 8 E ~ F~ :o . _