HomeMy WebLinkAbout99-00295
3, Venue is proper pursuant to Rule 1006 of the Pennsylvania
Rules of Civil Procedure because the lease hereinafter described was
executed in Cumberland County, Pennsylvania.
COIlNT ONE
BREACH OF CONTRACT--LEASE
(Against Defendants)
4. Telmark repeats and realleges paragraphs 1 through 3
hereinabove as though fully set forth herein.
5. Heretofore and on or about the 20th day of November, 1996
the Defendants entered into a lease agreement with Telmark, as
lessor, designated as lease No. 24337, pursuant t.o which the
Defendants leased one Kubota Tractor Model B20 with 3 part Hitch,
B"ckhoe and Loader $1,000.00 due at signing and $391.00 due monthly
for forty seven remaining payments. A true and correct. copy of the
Lease is attached hereto as Exhibit "A" and is incorporated herein by
reference.
6. Subsequent to the execution of the Lease the Defendants
failed to make all monthly rental payments in a timely manner.
7. As the result of their failure to make lease payments when
due Mr. and Mrs. Woodring are in defaul t of the l.ease.
8. Paragraph 15 of the Lease authorized Telmark, upon any
default, to declare the entire amount of all rental immediat.ely due
and payable which rental shall be discounted to its present value, at
t.he rate of 8% per annum together with the residual value of the
2
EXHIBIT A
t:.QUUJMt:.N I Lt:.A~E
'ARK INC..
,8YRACUBE, NEW YOAK 13221-4H3 TELEPHONE: 1.100-411.3322
LUeIE I-fo/.,!IIIlD M. I-N')'~TI?'IC.~IT
AIlDRESS \OlLlS- OYSTER MILL Ko'lJ)
C.,A...,t' \-\-\L4~) PA. '\CJ\\
STATE
COUNTY c: l~ M ~E: IC. L~~
(CftECK ONE) A __ CORPORATION __. PAtITNEn9HIP .~RIETon9HIP
NMolE OF PEnSON TO CONTACT._ L. c.<!:!..._...!,:!!-"')tllf!.l~...__..
SUPPLIEn 1<tEI-L.EIZ 7J12.crr7iE-te.'S Kv..(l,o'T.I/
ADDRESS !,.,-y;o LlI? f2J:>~ 7 Z "".I' LI u :{""
'SlIPPlIER LJ,;f.J II-""~ .\.\ ~/!. l""l 'L\"I.-
SALEHPERSON A #J JJ ., 6-
-_. 'l.-If-',...."T(\~ '717~. !o (JI
LEASE! No.
)ll ~ 2,'1
-_......--..-::ll____.__
wa:dY' I~ ITEM LOCA TlON: _.~c. " SAMe AS lessee
AOOflliSS OR lNDICATIl AOOAESti, CITY, STATE, COll~ITV BEI.OW;
CITY
71::J_~ 'fq - l.A>" CJ
IQUIPMINT DI'CRIPTION: QUANTITY, MANUFACTl1REA, ITEMSISI. MODEl. NO" SERIAL NO" AND/OR OTHER IDENTIFICATION
/-
4tJoI//
3 1''/ l~
\'Tt::-r1
;;Zit a. To ,-2 ;via D€'L.
Df\"C-k \-loG
\ (e>1"" (.,.>1>")
'is :2-t:.J
I"'; I T11
""to>'t.
Lol'I.t>Gt2
('fl- Lj)..)
R'NTAl AMOllNT p'n
jA(!rT:ERI~
PAYMENT SCHEDllLc
PA YME
MONTHL
S Will OF. MAnE
=nOTHER
lOEScmSE ""'VMEN'
SCHEOtJU DELO'Nl
INITIAL TEAM OF LEASE NO or LEASE PAVMENTS
fNO, MONTHS) REMAINING
~Z-
-
ADVANOE P/\YMENT ()(;J
/tJt1d. -
EACH lEASE PAYMENT IS SUBJEOT TO SALES TAX Of' PERCENTAGES OR AMOUNTS AS MAy FROM TIME TO TIME BE IN EFFECT. THE LESSEE is RESPONSIBLE
TO PROVIOE THE LESSOR AN EXEMPTION CERTIFICATE AS REOUIRED BY LAW,
EXHIBIT "TO" ~ yES ..1"'"' NO; OTHER EXHIBITS (LIST):
TERMS AND CONDITIONS OF lEASE
1. LEASE. LESSOR leases ID LESSEE Ihe personal properly as described on assigns DILESSEE, LESSOR shall have Ihe rlghllo aSSign Ihls LEASE or any
the EQUIPMENT Schedule togelher wllh all roplacemonl paris, additions, pari IhereDI. II LESSOR assigns Iho ronlals reserved herein or all Dr ar,y 01 LESSOR'S
accessories alllxed Iherelo, herelnaller relorred to as thD EQUIPMENT IDr Ih, olher rlghls hereunder, or amounls equallherelo, Ihe rig hi DI Ihe Assignee to
commercial and business purposes ollhD LESSEE receive Ihe renlals as well os any Dlher rlghl DI the Assignee shell nol be subject
2, ADVANCE RENTAL PAYMENTS AND RENTALS. The advance rental payments 10 any delense, seloll, cOllnlerclalm, Dr recoupment which may erlse oul 01 Bny
shall be due upon Ihe execution 01 the LEASE or upon dollverv 01 Ihe EQUIPMENT broach or Dbllgallon DI LESSOR in cDnneclion herewith or by reaSDn of any
from fhe supplier. LESSEE shall pay Ihe remaining rental paymenls as spocllled othur Indebtedness or liability 01 any lime Dwing by LESSOR to lESSEE, All
above BS monlhly or olher period r'/llals mulllplled by Ih, number 01 months rD/llals dlle hereunder shall be payabl, to the Assignee by LESSEE whether or
Dr perlDds specllled above. lESSEE shall also pay a "Iale charge" nOI exceDding /lot this LEASE is lerml/lated by Dperalion 01 law or olherwise, including without
live per centum (5%) 01 any renlal paymanl Dr len dollars 1$10,(0), whichever is IImltallon, lermlnalion arising Dul 01 bankruptcy, reorganizBlton or similar
greater, when any paymenl is made more Ihan ten (10) days alter Ihe dUD dale, proceedings InvDlvlnglESSOR. On receipt 01 nolillcalion Df such assignment,
All payments shall be made 10 Telmark Inc" P,O. aux 4943, Syracuse, New LESSEE subJecl tn lis rights hereunder shall become Ihe pledgeholder Df the
YDrk 13221, or as Dlherwlse dlrecled by LESSOR In writing. EQUIPMENT lor and on behall ollhe Assignee and will relinquish possession
3, ASSIDNMENTS. Nellhel Ihls LEASE nDr LESSEE'S rig his herounder shall bo Ihoreof only 10 Iho AssigneD or pursuant to lis wrlllen order, LESSEE Dn receiving
assignable In whole Dr In pari hy LESSEE excelll wllh LESSOR'S prior wrlllen nollce 01 any such assignment shall abld, thereby and make payment as may
consent Bnd Ihe proYlslons hereol shall bind any permlJted succossnrs and therein be dlreclod,
LESSEE AGREES TO THE lEASE TERMS AND CONDITIONS ABOVE AND ON THE REI/ERSE SIDE ALONG WITH ALL EX,IIBITS BY SIGNING BELOW THAT
THIS CONSTITUTES THE ENTIRE AGnEEMENT BETWEEN THE PARTIES, NO SUPPLIER, AGENT OR LESSEE MAY WAIVE OR MODIFY ANV TERM OF THIS
LEASE AGREEMENT EXCE~T IN WRITING ~Y AN AUTHOHl7r-n nFFIr.FR ""n ,'nnrno ~~ [IV TilL LG;SO~ ..J /. ~
IN WITNESS WHEREaI' l.bS~E HAS IIERE!.W EXEClIl ED 'HIS NON CANCELABLE I.EASL 1/119 .. .... ...._..._____.. DAV Of -,L1.L.~19 ~
IN THE EVENT THAT THIS LEASE IS EXECUTEO BY A COflPOAATE OFFICER, THAT CORPORATE OFFICER HEREBY CERTIFIES THAT HE IS DULY
:~::~R~6)~:;t;j;~~:J,~I.~..~I~I~:OOA~D~F DIR:~;~~~)SB~: r:~~~A~~R~T~~___ ...____
TITLE UH'd d...LE5..5fT;:: TInE n ~~_._.________.,___.
(I'IlII(~'-lf (;(lllf'{m~l'_ [11'1(/, (Ill 1llI4IllAI "MII'JIIl,,!II AI'AUI'lff!, (!llll','lI!.1 II'WI(.AI~ C,ilU'(HMIf. OFFICE, rmCJfN~nAll'Afl'Nt"_ em A "MIl~H", llflLt'SSFFI
SIGNED f&~A.!.cA~dA/.:?C;h~bfr SIGNED IIV X.."., -__O__.._....._...._._'n_...._......._.___
TITLE H 'mH LeSSeE
IINOIC"If.CI)ilrOlIAIf.flffICI,()1I0f'4fIlA( PAUlllftl {1ft A !'A!I!"r!!,,_.fI l!.';',fl I
ACCEPTANCE~TELrrr~~~ ~"
.. . lll'-\... ""' ,
IW it'Ll
TITI.[
11~ll'~-:A-rl:-(--:(-,.iI,( ;"~l'i (I' IIC~., (11l-iif.-,4f.iW:I;AiW;tl~(i;Ii,;;"fifNUl'-OO'lfS;r,f:J'------'
J.21fi (JU:V 4195) (:11 7002l
ORIGINAL. TELMARK; GREEN COPY. LESSEE
..., Itk__.ou._-Y1{
i
4, WARRANTI!!, LESSOR WILL REQUESr SUPPLIER TO AND WILL AUTItORIZE
LESSEE TO ENFORCE IN ITS OWN NAME ALL WARRANTIES, AOREEMENTS. OR
REPRESENTATIONS, IF ANY, WHICH MAY BE MADE BY THE SUPPLIER, LESSOR MAKES
NO EXPRESS OR IMPLIED WARRANIIF.S AS 10 ANY MATTER WHATSOEVER, INCLUOIHD
WITHOUT LIMITATION, THE CONDITION OF EQUIPMENT, ITS MERCHAHTABILITY OR
lIS FITNESS FOR ANY PARTICULAR PURPOSE, HO DEFECT OR URFITNESS OF THE
EQUIPMENT SHALt RELIEVE LESSEE OF THE OBl!OAIION 10 PAY RENT OR OF AllY
OTHER DBLlOA TION UNDER TillS lEASE, LESSOR SHAll HOT BE LIABLE FOR ANY
INCIDENTAl OR CONSEQUEIITIAL DAMAGES TO IIIE LESSEE OF ANY NATURE EITIIEII
CAUSED DIRECIt Y OR INOIRECIl y,
During Iho pOodDncy 01 any procoodlllll involvlnll all allllllod hroach 01
warranly hy Iho snpl,"or, Iho I.ESS" shall cOllllnuo 10 mako all '"II,,,r paymonls
10 Iho LESSOR and such ronl,,1 p"YIllDnls shall 110 hllld in ""crow hy Iho I.ESSOII
unlll Ilnal adjudlcallDo 011110 prDcoodlllg,
5, SECURITY DEPOSIT. Any sDcurlly dOI'o~1t mado lIy lI,SSEE ~hall ho hold
by LESSOR 10' Iho 10'111 ollhls loa so ag,oomolll wllh 110 IlIlo,osl poid hy I.ESSOR
10 LESSEE. AI 1110 LESSOR'S dlscrollon, allY socurlly dopo~1I mado hy Iho LESSEE
may hD appllod ID Ihe paymonl 01 lalo chilrge~, LEASE paymollls, allornoy's
lees and any olhor oxpensos rolalod 10 Ihls I.EIISE or relurnod 10 Iho I.ESSEE
allho lermlnatlon 01 this LEASE,
6, TERM, RENEWAL AND PURCIIASE OPTIOII. Tho LEASE shalllormlnale upon
the paymonl 01 all the specltlod rDntals and olher chargos, as sol lorlh abDVO
or herolD agroed, If no evonl 01 delaull shall havo occurrDd, allDrmlnallon,
Ihls L:ASE may ho renewed IDr addlllonal perl Dds 01 ono year oach al a rDnlal
equlvalenl ID Ihe lair renlal value 01 Ihe EOUIPMENT al Ihal IIIl1D, or Ihe
EQUIPMENT may ba purchased lor Iho lair markel valuo; or 1110 EQIJIPMENI
shalt be relllrnod ID Ihe LESSQR allhD LESSEE'S sDle expDnso and In Ihe samo
condlllon, as when received by Ihe I.ESSEE, rDasonable WDar and loar rosulllng
!rom propDr use Ihereol expoclod, elc. All roplacemenl paris, mlrllllolls ami
accessories Incorporated In or afllxed 10 Iho EOUIPMENT aller Ihe
commencemenl 01 Ihls LEASE shall become Ihe properly 01 LESSOR and Iho
LESSEE shall cooporale 10 dolend Iho tlllo 01 LESSOn. During any ronewal
period, all ollhe prDvlslons Dllhls LEASE shall govDrn excepl rDnlal paymonls,
The LESSEE shall sond wrlllon nollcD 01 LESSEE'S opllDn 10 ronow or purchase
addressed ID Ihe LESSOR alleasl60 days prior ID IIle explrallDn 01 Iho orlglllal
or any renewallerm Dr said opliDns will he lorlollod
7, SELECTION, LESSOR, 01 Ihe requDst 01 Ihe LESSEE, has orderell Iho
EQUIPMENT described above Irom a supplier selecled by Ihe LESSEE. I.ESSOR
shall nDI be liable IDr speclllc perlDrmanco ollhls l.EASE or lor damages II,
lor any reaSDn, supplier delays or falls 10 IIl1lho Drder, LESSEE shall comply
wllh all envlronmDnlallaws, rules and regulations,
S. ACCEPTANCE AND USE. ThD LESSEE shall be deemed 10 haVD accepled
the EQUIPMENT upDn delivery by Ihe supplier and Ihal dolo shall bo Inserled
by Ihe LESSEE Dr by Ihe LESSOR. LESSEE shall keep Ihe EQUIPMENT a: lis
place DI business as specified abovo, LESSEE agrDes (a) nDllD allow Ihe use
01 Ihe EQUIPMENT by olher Ihan employees 01 LESSEE and (b) nol 10 renl
or sublellhe EQUIPMENT or any part IherDol ID olhors lor Ihelr own use wllhoul
Iho prlDr wrlllen consenl 01 Ihe LESSOR,
9. REPAIRS, LESSEE al lis own Dxpen,e shall kDep IhD EQUIPMENT In good
repair, cDndlllon and working order and 10 Ihal end shall lurnlsh all roqulred
labor, paris, mechanisms and dovlcDS, LESSOR shall nol bD obllgaled 10 rnake
any repairs Dr replace men Is,
10, INSURANCE, l.ESSEE shall ollis own expense keDp Ihe EQUIPMENT Insured
agalnsl such risks and In such amounls and wllh such companies as relluesled
by LESSOR Bnd shall provide LESSOR wllh cerlilicales of Insurance, ThD
Insurance shall provide lor IDSS, If any, payable 10 Ihe LESSOR lor Ihe valuo
01 lis Inleresl In tho EQUIPMENT. The prDceeds 01 SUGh Insurance "hall he
appllod, al Iho Dpllon 01 LESSOR, (a) loward all replacomenl, roslorallon or
repair el EQUIPMENT which may be losl, slolen, deslrol'ed or damagod or
(b) toward Ihe obllgallons of LESSEE. In thD evenllhD LESSOR OIDCls ID apply
Insufance prDceeds 10 Ihe paymenl 01 all LESSEE'S obllgalions, Ihe LESSEE'S
obllgallDn lor all or part of Ihe rent shall coase only wllh rospocllo Iho lIems
damaged, IDS!, stolen or deslroyed and LESSEE shall nollly LESSOR 01 any
eancellallDn, allerallon or modlflcalion ollhe Insurance policy, LESSEE shall.
If so required by Ihe LESSOR, prior 10 Ihe cDmmoncemonl 01 Ihls LEASE, make
appllcallDn lor and Dblaln In eonnocllon wllhlhls LEASE docreasing 101111 Ilfo
Insurance upDn LESSEE'S 1110, in an amounl ,llloasl equal 10 1110 lolal ronlal
obligations far Ihe ontiro lorm of thi!; l r^SF Lr:SSrr agroes 10 rlilm!'! tJSSOR
as benellclary as lis Inlnresls may appear and 10 assign ownership 01 said
policy 10 I.ESSOfl. LESSOR nlo1y roqulrol.FSSEE aII.FSSFE'S ,xponsolo ",nvirlG
and keep In IDrce Goo'prehen'ive lIablllly insuranco iIIHI COlll1i11:Iual liablllly
Insurance in amounts and form as requlrod lJy LESSOn. All ingurances providod
by LESSEE as roquirod by LESSOR ohall ho call1otl ill lavor 01 LESSOR allrl
lESSEE, as Iheir respoclive Inlerosls may "ppoa.. III caso ollallm. 01 U,SSEE
10 pay said Insuranco leos and Silllilill chal90s, LESSOR llIav ItlVlllenll1l! IlSSf:I
lor such chargos and will bo roilllbur~erl by Iho IJSSI:E acelll1lln!Jly
11 TAXES, Alllaxo" lees and similar charoos Imposoll 1111 llio oWllorslllp,
pDSsDsslon or uso ollhe EQUIPMENT rlllflnll Ihe lorlll ollh" LEASI. shall I",
paid by Ihe l.ESSEE. IIl.ESSOR Is 'oqulfod 10 pay saill laxos, loos illlll sllflll",
chmges, LESSOR may Invoico Ihe I.ESSE!: lor Slleh chal90s aoll Will bo
reimbursod by Iho l.ESSEE,
12 liTlE, All ollhe EQUIPMENT shall remain porsonal p'opllilV ollilo I.ESSOll
13, INSPECTION, LESSEE shall, whonovor roquoslorl. allviso LESSOII 10 Ii,"
exacllooallon and condillon ollho EQUIPMENT and ,lIall givo II:SSOII Immerlla,"
.l-216InEV, ~ilI!1 07./0021
nolice 01 ilny allaclunonl CI olllor Judicial processDs, lions, Dr e~u;nbrances
illlocling Iho EQI.IIPMENl ~lId Indomlllly and saV9 LESSOR harrnloss from Ihe
IDsn or dalllago CllllSDd Iho,eby LESSOR may Inspocllhe EQUIPMENT during
(O<lsol1;lulo buslnoss hours,
14 LESSEE'S FINANCIAL /NfORMATIOII, AI USSOR'S requenl, Ihe LESSEE shall,
wllhllllllnoly (00) d,IYS allor Iho close 01 LESSI'E'S 11".11 yoa" 1Ilflllsh 10 1185011.
IInallclal "illomollls vll.ESSEE (lIwllldlng a balallce !lhoel as 01 Iho close 01
such yoar and IIlCtllllO ali(I ll~pon50 filallHlIUrllH for such yom) proparod In
aceOldancn willi oorl6rally ilceojllod accollnllnll jlrlncllllos and/OI jlrepared by
LESSEr'S Indejlnrlllonl Pllllllc aCCOUlllallls, II 100Iuoslorl hy LESSOR, LESSEE
shall al!lo ",ovldo llllarlorly IInanclal slallllenls 01 LESSEE sllllllarly propared
lor Daeh ollho lirr:llllrco lIuarlnrs 01 nach liscal yoar, wllich shall he p,epared
(subleclln normal ynar ond audll adjll~lmonl) by LESSEE'S chlel financial Dfflcer
and fu,nlnhnd 10 I.ESSOR wllhln slxly (60) days lollowlng IlIe end ollho quarler,
15. DEFAULT. IF LESSEE lalls 10 pay any ronl or olher amounl herein, or
II I.ESSEE shall loll 10 perlerrn allY lorms 01 11115 LEASE, Or IIlhero Is IhO
enlry 01 doc reo or order lor rellel by a cnurlllavlng jurlsdlcllon In Ihe prollllsos
In respocl 01 Ihe LESSEE III an IlIvolllnlary coso undor Ihe fedoral or Stale
Bankrujllcy I.~ws, or II III(! LESSOR doems IIsolllnsDcure, LESSOR shall have
Ihe rlghllo nxerclse anyone Dr 1lI0re ollhe lollowlng rDllIedles:
(a) To doclarc 1110 on lire amounl 01 all 'onlallllllllDdlalely dUD and payable
which renlal shall bo dlscDllnlod 10 lis p,osonl v'aluo, allhe rala 01 8% per
annum logelllol wllh Ihe ,osldual value 01 Ihe EQUIPMENT, 0111010 charges,
allorneys loos and olher Dxpenses wllholll nollce 10 LESSEE and 10 suo lor
and 10 roc DVM Ihal amounl; Dr (b) To lake pDssosslDn of any or all lIems
01 EQUIPMENT wllhoul dDflland nDllco wllerover same may bo localod wllllolll
any Courl order or olher procoss 01 law, Upon relaklng possession of any
or alllloms 01 EQUIPMENT, LESSOR 01 liS npllon may (I) LeasD repossessed
EQUIPMENT or any parllhorDollo any Ihlrd pa,ly on ilny such le,ms or condlllons
as LESSOR lIIay dOlormlnD, or (iI) sell salll EQUIPMENT Dr any pari Ihereol
10 Ihe hlghosl blddor 01 pUblic aucllDn Dr prlvale sale, (III) LESSEE agrees
IlIallon (10) days nollce 10 LESSEE 01 any pllbllc or IHlvalo sale, conslltules
reasonablo nolice. Nollce Is doomed glvon on dolo 01 mailing, In Ihe event
LESSOR role Is Ihe ropDssessod EQUIPMENT or sell~ sllch EQUIPMENT, Ihen
LESSOR Shall crDdlllho value rocelvDd IrDm relelllng or sale, lesc expenses
incurred In connecllon wllh such dlsposlllDn, 10 Ihe unpaid balance 01 renlal
due and 10 become due horellnde.. LESSEE heroby waives any and all damages
occasionorl by such 10 Ring 01 po.\SOsslDn, Any such laking 01 possession shall
nol conslllulo a lermlnalion 01 Ihls LEASE and shall nDI rolleve LESSEE Df
lis Dbllgallons unless LESSOII expressly so nDllllos LESSEE In wrlllng,
II any proceedings shall be Insllluled by LESSOR ID recover any monies due
and/or lor Ihe possession 01 Iho EQUIPMENT, LESSEE shall pay Ihe LESSOR'S
roasonable allorney lees, repDssosslDn expenses and olher relaled oxpenses,
16. LIABILITY, LESSEE shalllndemnlly and save LESSOR harmless and sllall
prolllplly nollly LESSOR Irom any claim or acllon whalsoever Incllldlng any
01 LESSOR'S allorney's lees or exponses arising In connecllDn wllh Ihe
EQUIPMENT Including wllhoullllllllallons, lis manulaclure, selecllon, purchase,
dDllvory, pDssesslon, IISD, operaliDn, malnlenance, leasing and roturn InCluding
Ihe acls ollhe LESSEE In failing 10 main lain Ihe EQUIPMENT In good repair.
17, RISK OF LOSS, LESSEE hereby assllmes and sh~1I bear the enlire risk
of loss, Iholl, damago and deslruclIDn 01 EQUIPMENT Irem any cause whalsDever
and no loss, Ihell, damage or destruction 01 EQUIPMENT shall relieve LESSEE
01 Ihe obllgallon 10 pay renlal or any olher obllgallDn DI Ihls LEASE. LESSEE
shall prelllplly nollly LESSOR In wrlling 01 any such loss, Ihell, damage or
doslruollon 01 the EQUIPMENT. In Ihe Dvenl el damagD DI any kind whalsoever
10 any lIem DI EQUIPMENT (unless Ihe same Is damaged beYDnd repair!, LESSEE,
al 111e opllon 01 LESSOR, shall 01 LESSEE'S expense (a) place Ihe sallie In
gODd repair, condlllon and working ordor, (b) replace Ihe same wllh like
EQUIPMENT ollhe same or a lalDr model, and In gODII repair, conlllllon and
worklllg ordor, IIllIe EQUIPMENT, D' any lIelll thereof. Is dolermlned by l.ESSOR
10 he lost slolen, deslroyed or damagoll beyond repair, LESSEE shall
ImmDdlaloly pay LESSOR an amounl eqllallo Ihe aggregale amount 01 unpaid
lolal rDnl lor Ihe balance of Ihe lerm 01 Iho LEASE plu, an amounl equal
101110 eslllllaled value vllho EQUIPMENT allho IDrmlnallon dale of Ihe tEASE,
in arldlllon 10 per lo'mlng all olher obllgallons ollhls LEASE. Upon such paymenl
1111, LEASE sllall termlnale wllh rospecl 10 Ihe EOUIPMENT so paid IDr, and
LESSEE Ihorollpon shall become enlllled 10 Ihe EQUIPMENT as.ls-where.ls,
without warranty, expross or Impliocl
18. APPLICABLE LAW. IIns LEASE sliall bo doemed 10 havo boen ",ode In
Onomlanil r:ollnly Now York, find c;tl1J1 hf! inlflfprfllocl I1ml filA fights an(ll1a~lIilie!l
ollho nailios hornlo rlolorminod ill accord..,co wilh 1110 laws ullho Slalo of
Now York
19 SEVERABIlITY, II any provisiDn or any IOll1erly 1>0 IIoo"'od invalid under
dflY applicahlo law, slIch proviSion !lhall bo inilpplicablo and omlltod, bullho
rOlllHinino llIovislOns shall he (livon olfocl.
20 FINANGIIIG STATEMENT. Tllo l.ESSEE IInrfihy aulllori/ns Iho LESSOR 10 IIle
,111 ntlGo~;sary IllIal1cing slalfJlllonls.
11 1I0N.WAIVER, LESSgR'S 'allure II any IIml fD require alrlel perfermance by
LESSEE ellny 01 IlIe provlllDnl hlroollllall nol wllve er dlmlnllh LESSOR'S flghl
Iher8lller 10 dlmlnd Ilrlel cDmpllan" wllh Ihllerml ellhlILEASE, LESSOR'S rlghll
hereunder are cumulallvland nelallerrrlllve,
12 MISCHlANEOUS, This LEASE i, I"ovoealllo 101 Iho lull Ie,,,, anrl shall
1>0 IlInrlin!! npnn 1110 I ESSE[, Iho LESSEE'S sneGOSSOIS, assigns and legnl
rlJp(O~OJllilllvl!s
"FELMARK INC..
',C,IOM _, IYRACUIE, NIW YORK Iml-4043 TELEPHONE, '~'.sm
l\"H;E~ LfoN/lltD M. "NDt~l R'I(;rt
AOORUSO \ 0 (p 5' 0 y <:n:. R. M \ \..L.. l< 0 l-\:~')
e~f\M \' H;\...I.. (-\:\. \ It)\ \
)
STATE
COUNTV tUM"6cl( L.I\~-:D
(OHECK ONUI A -.. OORPO"ATlON "_' .. PA"TNHISHIP~AIETORSHIP
NAME Of PEnSON TO CONTACT .._~~. .c.~_ ~~ ~~N''-~J-n..
SUPPLIER /<trL L~/1. 7JRo-nIC/~ '. f~l' d r'./f
ADDRESS "-r~ till{ /I}':>....;I ") t.o:', ,rl.j " {.
SUPPLI[~ L E" tJ II -...J ~ ~ '? f\ l -1 . 1..\ "L.
SALESPERSON l~-C:l..C:.!.tl.!1.!i-,",_,~.Ll_~!J.-. (, <'<> I
lEASE No. _.~~ :,') 'lc___
W~r I~ ITEM LOCA TlON _....~O.IF SAME As LESS'E
AOORI:SSOfIINOIOATIi A,OOnESS, OITY, BTATf!, COUNTY BELOVl;
OITY
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IQUIPMEHT OI!lCPlIIITlON: OUANIITV, MANUFACTUAf:R, IlEMS/S), MODEl NO, SF-RIAL NO" AN(>!OR oTtum IDHlTIFICATION
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INITIAL HIlM OF LeASE
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AOVANCE PAYMENT dJ
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PAYMENT SCH~DUI_E
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EACU LEASE PA VMENT IS SUBJECT TO SALLS TAX OF PERCENT AGES OR AMOUNTS AS MAV FROM TIME TO TIME BE IN EFFECT, TUE l.ESSEE IS RESPONSIBLE
TO PROVIOE TliE LESSOR AN EXEMPTION CERTIFICATE AS REQUIRED BV LAW,
EXHIBIT "TG" .~~ YES ...-: NO; OHlER EXHIBITS (LIST):
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ACCEPTANCE DATE ~~--~.-,-..~-_-IJL~\.\~(". .~CC_EPT~~CE N~~~~E: DHr-~
IF THE DATE IS OMITTED HIE L~SEE AUTHORIZES THE l.ESSOR TO TITLE..~___~___...J- G.Js,E:P __~___
COMPLETE THIS ACCEP1ANCE 8Y DATING IT ON THF. LESSEE'S IJI:HAl.F WHEN jIN(lI(;.-HECXUlf'W1ATUlf"II;\;,OllmNERAl ftAI'ITNER,Ol'lAPAI'IUUR,OAlfn$I!El
AUHfORIZEO BV TELEPflONE OR IN PERSON TO 00 SO,
AI.L !HE ITEMS REFERRED TO AROVE WERE REeEIVEIl BY US AND WERE
AND ARE IN GOOD ORDER ANIl CONDITION AND ACCEPT ARl.E TO US. WE APPROVE
FULL PA VMENT BV YOU TO THE SUPPLlER(SI WE IlNDERST AND THAT VOU. MAKE
NO EXPRESS OR IMPLIED WARRANTIES OF ANV KINO WITH IlESPECT TO THE lEASED
ITEMS AS MOllE FULL V SET FORTH IN PARAGIlAPH 4 OF HIE l.EASE.
NO SUPPLIER OR AGENT THEilE OF IS AUTHORIZEO TO WAIVE Oil MODlFV
ANV TERM OF THIS LEASE AGREEMENl.
SIGNED BY x _.___.___~_.~. ,_._~,_____.__
TITLE __.~.._______.~_~~_.__._______
lINOfC.~Tf eOflf'On"T( OffIC\;, un UfNfFlAl P"RTNf.tI, on" f'AfITNfR. Oft LESSUI
SIGNED BY X .. __._._".." ....___.
TITLE _____._..,......_.. --..., , "___..._~._...__
(mOleA t\;- ton/'{lflAff OffiCE. on GfNERAL "AFlWEft OR A PA"'TN!!R, 01'1 I.ESSE'E1
glONED BY X '_'_'~_____''''''_''___''''_'__'_'
YE"OOR: 'his IIttlp'lntll mill' hI 11Ulled hy lUISI!" 81111 llllufnerl HI HS hnlnffl YUllf irlVoicl can TITLE _~._.__w__~._._.__ __ ______________
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