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HomeMy WebLinkAbout1017 ' 1 1 , • • 1- 2. srrctnt, usE: ~ Lessee shall Ill~ve the exclusive ric~iit (iul•iny tiro ternl of this lease tc? use ' the leased property for fife pure?se of see ling ~I~IsAlicle and the installation, opf?rliL'ion, and maintenance aF c:f;l:i;~:rent and f/~cilities in connection tiicrcwith. and shltill use: the leasl:d ;,1•ulll::..y ff,r nu o~.ilcr ;?:iri?ose. Lrssre shall h/lva. thc~ riq_hi. to nl•~ke proper conr~rc:.ic,ll: :M:tal Illly al.d ail wilt:f?r .in(I clf:ci.ric scrviC~• • nll tlll~ (1(!IIIISIl11 lli•1•lii~~•I:~i,, .il.~l I....~r ~:I~I~II.I~i11t~ ..ill: X1:.1! .lllli !:I~i•v.l:(~ till~rCl)f d11r~nJ LI11: 1.1•rill flf L111S ~1'asC. i.l`!::1.,• .'1•'.1:1•V~•': i.ln: ri1;11i: 1:f1 1:1)11tllilll' Lo U!'.f: tI1C Il,a:.rd proprrly foi•' Liar- ~~~/1•.•,;;.lil.. i•1:,.:1-.1 .4/;~;11:~.:. of its chol)sirl~ so long as its operation is colllpat.i~)Z.: with ti,4 ai,c:v~ I:escritled use by lessee. 3. I~irItOYEMfh1'S : ~ • • Lessee agrcca to .instal ~ ilasc;iinc ai .i~,~l~si:lc; cruii>rnl~nt ullrln the lc:.~~.ec? - pr/?pcrty. SUCiI Cn111h1iN!nt :(hl~l i i)i? IIlS.4~/i ~1`./~ ln• uC1:UYUallfl! hlll.ll I11~~5 Ai glll,l`rl•'11, pldn5, an(I spCCl~1C1'1i.1lInS pr~;lilrLli 1)y Oi' On ill:lil~f 1)r Les:(:(`, f:f~lllf:': flf Vlillf:ll 511/1~~ illy flii•Ii~i~iflC(i tU 1•.~5`tOi'. Ll'~i•.:CI? il(11'Cl:s tf) (:OIIIIIII;IICI`. :.•/ill in::tallat.ion wilalin 120 clays aft.cr Lhc daia;, first .Ilrov~ nl~ntinnrd an _ h ~ d to con ~ i mee L. Flu w r I:n due ci i 1 i (cncc wtti 1 crnl~ ~11.11!d , 11. llc`111~1 C'+tllgtltCd that SUCn inS4i.i ii.1:'I(ia`rllli~ l1C CUi11p~CtCfj .'1RIi 1'I,..li:~ ' i~1. use on nl• before ~AI~IL3_ RY 15th 'i; 81 4. RENTAL: - .1 • ~I, Lessee shall pay lessor as a rental a sunl equivalent to one-half Cc:l-I t.(?;~) ; per gallon •on all gasoline sold. with u u:in~mum of ~25.t?o. per rionth, ;~~lyaliln in advance. Upon failure of i.esse(: i;o ;~,ly ront:al~. or any part thcrrl;l~ w111•n Ilue, Lessor may, after thirty clays' notice i ri ,,vr~~ ;.i rlg co Lessee, i t said rrn l.a l s arc: . _ not then paid, declare this lease a;; a~~ e~.~ <ind void, and nlay re-enter allli Lake possession of said property, ~.nc: ;?,~ly recovhr• rentals clue in any ahprolll•ial-~ action at `law or may recover Inc pos .ession of said propcrl:y and /lamalll~•: i1~r the detention thereof by any .~i~l~ro;,ria;:c_ rcllihd, a;; laii or in ~qui prlly i(Ir/i. however, that the foregoiny riai;~ o: -tcr,ii~ination by Lessor Ill:cauS~ t,f 1~(in- payment of rentals to an i rldeotcaness a i i r_gcd iy otrcci by i.es :m• to Lr- ; ;r`r. uil 1, i i said rent rclnains unpaid for a period a~ Liri~ ty days after final del.~rlllin.~l:ion, - by agreement or 1 i ti ga ti on, that tnc ~I)pl i cat i on o~' the rental was imilropcr. S. LESSEE' S E III i?NiEhT: . All pumps, tanks, machinery, ~.ppur;l/:11. lznu cruipmcllt ~urni :hcd h:/ 1-1! :~.1:/• Lo ~ ~ the leased property shall i~c .:nc~ . c:I.:a.1 ;;ilh I~ro;~cl•I:y ot- I_r.:.srr., .Ind. :il.l t t i?1• considered personal l)1'Ol1C!Y'iy. ~.^.S:C:C Sfl.'li~i i18VC -i;ii1` f7lJlli,, .li: 71:!: Ujli:ll?1•. .11: i any time before the CXI)i1'altlOli Gi• i:Cl'ull:i~li.lllli G1 (:111S ~1;aS1! .11111 I.OI' .1 i1•.1'.1111- able tlI1M tnercafter, I:A r(!1~/7V(: ~.ui.~C %,i: IliS .'`XjICn I ~ i.IN` if :1'~f7t1 ~1~'.~,~~'1'i.'/• or any of Lessor's property ;;i~c, t:on, n•i~: IIL1:?~ ;~1uil;rd a : sl!rur i Ly by I :•.in• for any debt owed by Lessor, L/::,::•,r allrc:c•!. La 1~i~lain a :ut?111•itin•It.il~ll .1111••!1... ment, exclusion statement or o-~,",r:r ins-~riia:c:~i: req•,ired uy Le:scr t;l) (/rul:et:t ' its interest in the equipr,~en~ irs~a.ca ors the lcasec: property by t.esscl:. 6. TAXES: Lessor shall pay all taxes and assl~s;?r~:ni::, ~;r•lu:ril and slll~ci/-il, uiil?n t:hl• Irrl•:r-rl property and Lessee shall pa•/ a 1 : Lt•XL:i dn(1 11 ,.-~i:..aOiCnt.-. Iltlpli IlbllallllCry, { 1 1 • equipment and inventory o~rned by :.essae ~:r,ct located on said property. I~ilrn~ l.lasl~• written request, Lessor wi it`-urn~~sil i.essee arlnuil.y; o~~ficil-?1 tax receipts nr t:rl copies thereof showing payrrent before delirl.;uency of all taxes and assessments le• on the leased property. 7. t•1ARRANTY~ f:XCCpt as hnr('af t:C'i' j,i'tiVlfll'1i, :_t?:•tifil' ilr.l•I~:iy Tlii Y1:11.1"/1111. i tilt' t-i t In I;O th(' i f if lif:d property grid will (i~~if;ful Iail-. 5::.;~(.' .i~~llin$t /-I~T f.~F,lla$ Of rl~ i p(2YiOn•i, and l agrees that Lessee siia~ ~ haul: i..:e r:;i;L .,t ~~ny tiaic I:o redcrin for Lessor by payment,-any mortgac~c cicl?:: Laxc:, or a:.~~hr ~icl~s thel'eon in Chr• event of default - by Lessor and Cc subror,••~t+-:a r1~;rlLr. ;~.Ic i~c,ire~• thl:r•:of and rlwy deduct any such pay~~ients from ~ub:,ec;l..•::.: ;1:..•.:.; ccli.~tiission:, or other sums due lessor • ,~S ~ - P~. ~ or ' X339 P~10i7 - - - .