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_ GDCC DL-1G6 (2-60) V! aJ.a 10 3/ <br />Ake X FOR GECC USE ONLY <br />Lessor's No. Account No. <br />,Lease �'�greenient . x1�� X�� sxx <br />ORIGLIAL —Fur, , <br />FIRST DI_SCOLNT COMPANY BILLING ADDRESS (Please Print) <br />BOX 1 ltarn�Holiday_Inn Motel <br />KEARNEY, NEBR. <br />City_Grand Island! Nebr.____ <br />The undersigned lessor (herein (abed "Lessor") dtwrs bvrv1,y Iaase to the undcrvigned lessee (herein t-alled "Lesxe ") <br />subi(Nt to the terms and conditions lacicin -,tier 4- forth, the follu%vinq dcariled equipment (licrcin called the "hquilm:cirt'•), : <br />Drscripti,n ,,( Egcipiacut`_` -- tiew ^,r Cscd 2,14a _�. sepal No. -- <br />_1Q19' See attaehed_Schedule ! <br />Sets. 7111411 for _complete- <br />_Soiand­Sys -teM­-- -- ..__ -- ,__- . discription _- <br />_T�le.Yisio� <br />for the term of.__6Q --- montlts eonunencing on t,,,__1st _,4tty November � — — 19—.- 6a. and ending <br />on the— - .11-tday of--- QCtQber_ - - -_— 19 67at a total rental of $30--1!­-775.9Qf which <br />is payable on or before delivery of the Equiptrcnt and tf,e' remaining rental in_....- .00.__T__.equal monthly installments of <br />s_.5.12.93 conimerning on, the_. __ ,__, a. _____day uf.Z[Q_v_embe r 19 62 cx,,cht that the final such inst lln ent <br />Shall be in the sutn of <br />I. LESSOR AGREES <br />A. To furnish the L•quipn,eut as hereinabuve described. <br />IL LESSEE AGREES <br />A. To lease the Equipment for the term herein set forth at the rental Lcicin provided. <br />B. From din time the Equipment is delivered to Lessee until it is reluined to Lessor, Lessee shall use and preserve Q,e <br />Equipment in a careful and proper manner and shall be respu,mible for my loss or damage thereto from any cause <br />whatsoever and will at Lessees Own expense maintain adequate iasurarne covering this risk with loss, if any, payable <br />to Lessee and Lessor as their respective interests may appear. <br />C. To report and (say to the appropriate authority any and all taus (including penalties and interest, if any) assessed <br />. against the Equipment and the rental and/or use thetcuf. <br />III. THE PARTIES MUTUALLY AGREE ' <br />A. That the Equipment shall at all times remain personal property regardless of the degree of its annexation to the real <br />property and that the Equipment shall nu_ t by reason of any annexation to personal property become a Cart thereof. <br />B. Lessor may assign or otherwise transfer this lease and the rent due or to become due theicunder and when so as', <br />signed or transferred, it shall be free of any counterclaim, offset, defense or cross complaint as against such assignee, <br />Lessee reserving such remedies hereunder solely against the Lessor. <br />C. In the event that any payment of rent shall have become, due as herein pruvided and shall remain unpaid for ten <br />days or in the event of any other breach Of any provision of this lease by Lcsse•e which breach shall nut have been <br />cured within ten days after notice thereof mailed by re istered mail postpaid to the Lessee at Lessee's last known <br />address, Lessor may.-at Lessors optiva declare Lessee to be in default and terminate this lease and Lessee will forth- <br />with, make the Equipment available for repossession by Lessor in accordance with paragraph D of this Article III and <br />Lessee shall forthwith, pay to. Lessor any damage' occasioned to Lessor by reason of said breach and termination, it <br />being agreed that if ermitted by applicable law such damages shall be measured by the difference between the value <br />of the Equipment at ttte time of its installation and the sale price thereof at public or private sale after repossession <br />less any rentals, theretofore paid by Lessee for the use of the Equipment. Loscory -as-an altc}tr:Eive -ta {er <br />essessiott - tsa�.LessOt's option decl5re - alLcr- « _exnc ett *o- and pa3abk an <br />essee in- Elaa�evrrtE a +t rv't to- upon such- paymca I.es,er shalt nrrt b - <br />'' kgatlons-- l'reuadet - anti- shall- respond- is damage& to• i.essor lop any preach <br />D. Upon termination of this lease by expiration of the term hereof or of any renewal or extension or upon termination <br />for any other cause, Lessee will forthwith snake the Equipment available to Lessur and Lessor may enter Lessee's <br />premises and take possession of and remove the Equipment or so much thereof as Lessor may desire to remove. <br />E. That Lessotr and the manufacturer of the Equipment make no warranty express or implied in cunnec'tioa with this <br />Lease or the Equipment except that the manufacturer of the Equipment warrants the Equipment pn accordance with its <br />standard warranty thereof. <br />P. This lease and any written addendum thereto hereto attached and signed by the parties constitutes the entire agreement <br />of the parties with respect to the subject matter hereof. <br />Dated :....2.2.,......0.c._t.obe.e. _._..._.:I i9 -.62 <br />Dis.c_oun.'t- ail LESS I�te.hx_al, ' ._.Mi _ -N.i ... .. ..r 'S-SF <br />/i,�2,c' 1f/J BY <br />Address _ ..... ......._._.:..... - ._ .... ........ __.__ .__.__ Address <br />(Stre (Street �r ' <br />- ----- Kearney,....-.-Nehrak$�, _....._ Grand...L31and,.. -Nebr ......... :._ <br />(City) (State) (City) (Stv <br />