HomeMy WebLinkAbout740469.tiff 3j
RESOLUTION
WHEREAS, it is the desire of the Board of County Commissioners,
Weld County, Colorado, to lease purchase from the Macdonald Equipment
Company, Commerce City, Colorado for the use of Weld County, Colorado,
the following equipment, to-wit:
1 - Champion Motorgrader with GM 4-71N diesel engine,
Model 560 HD
1 - Champion Motorgrader with GM 4-71N diesel engine,
Model 560 HD
1 - Champion Motorgrader with GN 4-71N diesel engine,
Model 560 HD
as per vehicle lease purchase agreements Nos. C-101, C-102, and C-103,
respectively, including all attachments and maintenance supplements thereto,
said lease purchase agreements attached hereto and made a part hereof by
reference,for a total lease purchase price for each vehicle in accordance
with contracts as follows, to-wit:
Contract No. C-101 $31, 700. 00
Contract No. C-102 $33; 200. 00
Contract No. C-103 $39, 781. 00
NOW, THEREFORE, BE IT RESOLVED, that the County of Weld,
State of Colorado, agrees to lease purchase from Macdonald Equipment
Company, Commerce City, Colorado, the aforementioned items of
motor equipment for the use of Weld County, Colorado, upon all of the
terms and conditions as recited in said lease purchase agreements thereto.
Dated this 7th day of August, A. D., 1974.
BOARD OF COUNTY COMMISSIONERS
WELD COUNTY, COLORADO
c )1a,,,,e,I ) zi.dee,
t� 4 y ��
ATTEST: /y
Weld County Clerk and Recorder '
and Clerk to the Board
' /. i2l kf` y ,�
Icia2/i7e11 Deputy17L2/14O1-1
nty Clerk
SVED AS ORM:
ednty Attorney
M- J 'car 740469
ACC maabant+Ick
cc . Pa coo , v
acdonal/ £iictipmtnt Company
P. O. Box B • Ph. 287-7401 • 7333 Highway 85 • Commerce City, Colorado 80022
4ENTAL AGREEMENT
Customer Weld County Contract Number C-103
Mailing Address 1500 — Street Credit Approval
City Greeley State Colorado Sales Approval
THIS MEMORANDUM OF AGREEMENT, Made this 1st day of July , A. D., 192*
by and between .Afacionall&yulpnnent Company., a Colorado corporation,hereinafter designated as "Owner,"
at 7333 ailighway 85, Commerce City, Colorado
and the undersigned, Weld County hereinafter designated as "Lessee";
WITNESSETIrl:
That in consideration of the covenants and agreements of the Lessee hereinafter set forth and of the sum paid
as consideration hereinafter mentioned and now paid to,the Owner by the 'Lessee, the receipt whereof is hereby
acknowledged, the said Owner does hereby lease unto said Lessee the following personal property, to be used in
Weld County, State of Colorado , to-wit:
1 - Model 560 ED Champion Motorgrader with GN-4-71N engine and with: orbitrol
steering, 14 foot mouldboard, power-tilt mouldboard, 4 wheel power boosted
brakes, 9138 power range shift transmission., 14.00 z 24 - 10 ply rating tires
with 10" rims, scarifier"'bemplete, 'ROM Cab, heater, defroster, windshield wipers
front and rear, lights, directional signals. WE 7074 $39,781.00
$6,000.00 to apply as rental from Aug. 6, 1974 to February 1, 1975 with the
option to buy.
It is expressly agreed and understood between the Owner and Lessee that all terms and conditions set forth on
the reverse side of the Agreement form a part of, and are hereby made a part of, this contract.
The full agreement between the Owner and Lessee is contained herein, and time is made the essence of this
IN WITNESS WHEREOF the Lessor and Lessee have hereunto set their hands this 1et day of August
1974
4-41a • - . equipment Company
Lessee f/ ,%/� (owner)
By By
FORM 526 Bill Reich Printing-2141161
Transportation chaises.to li!e paid both ways by lane,
Said rent is to begin on the day the said property is delivered to Lessee and is to end on the day that said property is
returned by Lessee to Owner, at •
73�'; eater s, 7 Cslprsdg
Said property is hereby leased for a term of from 4itg..6a 1974 to Feb.1. 197td if Lessee retains said
property after the expiration of said term, such retention shall be construed as a continuance of this lease, at the same rental,
and under the same terms, until said property is so returned to owner, at the place- above-specified.---At any time after the
expiration of said original term, upon THREE (3) days' written notice to be given by'Owner to Lessee, Lessee a rees to
return said property to Owner, at said place, _ _ g
Payment of$ 6,000•oo is now made as part consideration for this Agreement, which shall, in the event of
the full and faithful performance of all the covenants and'agreements in this agreement by the Lessee to be- performed, be
credited in the payment of the 7 months' rental of said term, otherwise said payment this day made shall
belong to the Owner as a part nfthe consideration for the execution of this Agreement,-
The Lessee covenants and agrees to pay the Owner as rental for said personal property above described the sum of
$ per month, payable in advance on the day of each and every month of the term hereof,
said rental robe paid at the office of Owner. _
Said rental shall be paid, except as herein otherwise provided, whether or not the personal property hereinabove des-
cribed shall be used or operated by the Lessee. All overdue payments shall bear interest at the rate of 18% per annum,
The Lessee agrees to maintain said personal property in the same condition as when received, and in this respect the
Lessee acknowledges that it has received all of the above-described personal property In good order and repair and agrees to
maintain said property at Lessee's expense in said good order and repair. It is expressly understood and agreed that the Owner
shall not be liable for damages of any kind or nature whatsoever, whether to person and/or property, and/or for loss of time,
and/or any other loss arising front the use of,or in any way connected with, the said property herein leased,or any part thereof.
Lessee agrees to hold the.Owner free frpm any and all damages.. and to reimburse and pay to the.Owner, on return of said
property to Owner,for all charges intrdental to all breakages, shortages, or damage, other than ordinary wear,to said property.
The Lessee agrees to pay all tikes that may be assessed upon the personal property herein described or the use thereof,
and/or upon this agreement, or the payments to be made thereon. Lessee agrees to carry insurance policy insuring for the
benefit of Owner and indemnifying, as provided in said pnbcy. against loss from claims for damages for accidental bodily in-
juries, and/or death resulting from use of said personal property, including, in addition to other matters, any liability to em-
ployees or under any Workmen's Compensation Law.
The Lessee hereby-assumes all-risks of fire mother casualty. and agrees to indemnify Owner for all damage or.loss to said property from fire or other casualfy. . - -
In the event that Lessee $4s to perform anything herein?squired and7or fails to pay any sum when the tune shall be
due, and/or if anattachment.is_ieled against said property,land/oiattemptedr by a-creditor of Lessee, the Owner may, at its
option, and without notice,.enterst$g ises in which said perrsonal or-Any—part ony.part thereof, is-located,.and without
hindrance, directly or in-directly on' apart of'the tessee, fake possession of said properly, and fhe tessee hereby agrees to pay
all expenses, including a reasonable attorney's fern, that may be incurred.by..Owner In.-enforcing this-Agreement, and/or in
collecting the rent provided herein, and/or in repossessing said property. Should the Lessee be subjected to a bankruptcy,
insolvency, or receivership'proceedings, whether voluntary or involuntary, or if the Lessee makes an assignment for the benefit
of creditors, or if a receiver is appointed to take possession of the business of the Lessee, then all rights of the Lessee to the
use or possession of said personal property herein described shall automatically terminate, and the Owner shall be entitled to
immediate possession; and the Owner further shall be entitled to retain as part payment for any liquidated damages which may
be claimed and/or_suffered!by pity th%atc(ties:held as the,last month'aj±9t{'t, and any part Of said'Lessee or''its-legal representa-
tives to make claim therefor shall automatically cease.
Time is of the essence of this Agreement with respect to payment of rentals provided for herein. No waiver hereto of
the non-performance of any term, condition, or obligation hereof shall be a waiver of any subsequent breach of or failure to
perform the same or any other term, condition, or obligation hereof.
If the Owner shall institute suit or action for the enforcement of any of the obligations of the Lessee hereunder, includ-
ing the payment of damages or for the recovery of the personal property herein described, Lessee agrees to pay, in addition to
all amounts found due from such Lessee to the Owner, reasonable attorney's fees incurred by the Owner, and any such venue
or action shall be within the County of Adams,State of Colorado.ln this connection-ft-is expressly agreed and understood that the
place of performance and payment of this contract shall be within the County of Adams and State of Colorado.
Lessee agrees to keep said property, during the full term of this Rental Agreement, in Lessee's custody and at the
place and county specified herein and shall not remove and/or sublease or rerent the same without the Owner's consent in
writing first being obtained.
All the terms and conditions hereof shall be binding and inure to the benefit of the successors, assigns, and legal repre-
sentatives of the respective parties, but the interest of the Lessee herein shall be transferable only with the written consent of
the Owner.
Lessee further agrees to use said property for only one shift of eight 18) hours per day of twenty-four (24) hours.
If Lessee desires to use said property for more than eight IS) hours in any one twenty-four (24) hour day, then such addi-
tional time is to be paid for by Lessee on a pro-rata basis at the same rate as herein provided.
The Lessee shall obtain andmaintain,'at Lessee's expense, all necessary licenses from public authorities, and from the
owner of the premises upon which said personal property is used and from all others whose consent is necessary for continued
use and maintenance of said personal property. In the event any license or licenses be Cancelled or the use of said personal
property be prohibited for any reason whatsoever, the obligation of the Lessee for the payments provided herein shall never-
theless continue and remain in full force and effect.
This lease covers all of the agreements between the parties hereto and Owner will not be responsible for any under-
taking given orally or otherwise which is not specified in this lease. The specifications, annexed hereto, have been approved
by the Lessee.
Lessee shall provide any necessary reinforcements for supporting and for protecting the personal property herein des-
cribed, at Lessee's expense.
This lease is made by the Owner upon the condition that the performance by the Owner shall be subject to delay by
strikes, breakages, fires, unforseen commercial delays or acts of God.
‘./71
ac_onal Equipment Company
ic
P. O. Box 6 • Ph. 287-7401 • 7333 Highway 85 e, Commerce City, Colorado 80022
RENYAL''AblifiNitINT
Customer . Weld County Contract Number C-101
Mailing Address 1500 2nd street Credit Approval
City Greeley, State Colorado 'Sales Approval
THIS MEMORANDUM OF AGREEMENT, Made this 1st day of July , A. D., 19.-Z}
by and between ✓31aclonald Ecrulprnent Company., a Colorado corporation, hereinafter designated as "Owner,"
at 7333 Highway 85, Conroe City, Colorado
and the undersigned, Weld'Minty , hereinafter designated as "Lessee";
WITNESSETH :
That in consideration of the covenants and agreements of the Lessee hereinafter set forth and of the sum paid
as consideration hereinafter mentioned and now paid to the Owner by the 'Lessee, the receipt whereof is hereby
acknowledged, the said Owner does hereby lease unto said Lessee the following personal property, to be used in
Weld County, State of Colorado , to-wit:
1 Model.560 HI) Champion *tergrader OM 4-71W diesel engine and with all
standard equipment plus: orbitrol steering, 14' mouldboard, power-tilt 4 wheel
poifer booster brakes, 9138 power range shift transmission, -14.00 x 24 - 10 ply
rating tires with 10" rimalt scarifier tenplets, 'atra controls piped to front of
grader, FA0'S-;ask, heaters defroster, windhsiold wipers frost_andrrear, lights,
directional signals. 44794 =39,781.00
Less trade-in: Huber Wares grader DG-$0203 8,081.00
$31,700.00
$8,081.00 to apply as rental from July17, 1974 to March 1, 1975 with the
option to buy.
It is expressly agreed and undeistood between the Owner and Lessee thatall terms and conditions set forth on
the reverse side of the Agreement form a part of, and are hereby made a part ofthis contract.
The full agreement between the Owner and Lessee is contained herein, and time is made the essence of this
IN WITNESS WHEREOF the Lessor and Lessee have hereunto set their hands this 1at day of August
1974
0 ✓ is equipment Company
Lessee ~
(owner)
By X �� By
FORM SRb Bill Reich hinting 4- — v
Transportation charges to be paidboth ways by Lessee. .: +
Said rent is to begin on the day the said property is delivered to Lessee and is to end on the day that said property is
•
returned by Lessee to Owner, at 7333 Highway 8_, .Crane City, Colorado
Said property is hereby leased for a term of from July 17 197 to March 1 s, 7�Lessee retains said
property after the expiration of said term, such retention shall be construed as a continuance of this lease, at the same rental,
_.._ andvnder the same terns; until said property is so returned to owner, at the place above specified.--At any after the
expiration of said original term, upon THREE 13) days' written notice to be given by'Owner to Lessee, Lessee agrees to
return said property to Owner, at said place. - —
Payment of$ 8.081.00 is now made as part,consideration for this Agreement, which shall, in the event of
the full and faithful performance of all the covenants and agreements'RI-this agreement by the Lessee to--be performed, be
credited in the payment of the. 8 months' rental of said term, otherwise said payment this day made shall
belong to the Owner as a part efthe consideration for the execution of this Agreement.
The Lessee covenants and agrees to pay the Owner as rental for said personal property above described the sum of
S- per month, payable in advance on the day of each and every month of the term hereof,
said rental to be paid at the office of Owner.
Said rental shall be paid, except as herein otherwise provided, whether or not the personal property hereinabove des-
cribed shall be used or operated by the Lessee. All overdue payments shall bear interest at the rate of 18% per annum:
The Lessee agrees to maintain said personal property in the same condition as when received, and in this respect the
Lessee acknowledges that it has received all of the above-SKr-Wed personal property in good order and repair and agrees to
maintain said property at Lessee's expense in said good order and repair. It is expressly understood and agreed that the Owner
shall not be liable for damages of any kind or nature whatsoever, whether to person and/or property, and/or for loss of time,
and/or any other loss arising from.the use of, or in any way Eonrtatted with,the-said property herein leased, or any part thereof.
Lessee agrees to hold the Owner free from any and all damages and to reimburse and ply to the Owner, on return of said
property to Owner, for all charges incidental to all breakages, shortages, or damage, other than ordinary wear,-to said property.
The Lessee agrees to pay all taxes that may be assessed"upon the personal property herein described or the use thereof,
and/or upon this agreement, or the payments to be made thereon. Lessee agrees to carry insurance policy insuring for the
benefit of Owner and indemnifying, as provided in said policy:against loss from claims for damages for accidental bodily in-
juries, and/or death resulting from use of said personal property, including, in addition to other matters, any liability to em-
ployees or under any Workmen's Compensation Law.
The Lessee hereby asaulpeapll risks of fire or r other casualty, and;agrees to indemnify Owner,for all damage or loss to
said property from fire—or othbr casualty. F
In the event that Lessee,fills to perform anything hete.in required andlor falls to pay any sum-when the same shall be
due, and/or if an-attachment is•leWedraginst-said property,and/ore attempted, by a creditor of Lessee, the Owner may, at its
option, and-without notice;enteritbe premises in which said pefrsonal property, or any pert thereof, is located, and without. .,
hindrance,-directly or indirectly on fhe-pelt of fhe-Lessee,'take-possession of said property, and the Lesseehereby agrees to pay_..
all expenses,.lncludiettre'reasorreble attdmey's-fee,-that may-be incurred r by-"Owner in enforcing this eAgreement, and/or in
collecting the rent provided herein, and/or in repossessing said property. Should the Lessee be subjected to a-bankruptey,_.
insolvency, or receivership,proceidfrtgs, whether voluntary or involuntary, or if the Lessee makes an asignment far the benefit
of creditors, or if a receiver is appointed to take possession of the business of the Lessee, then all rights of the Lessee to the
use or possession of said personal property herein described shall;:automatically termirtaterand the Owner shall be entitled-to
immediate possession-ref-the-Owner further shall be entitled td retain as part payMentfor any liquidated damages which may
be claimed and/or suffered by it„the monies held as the last month's rent, and any part of said Lessee or its legal representa-
tives to make claim therefor shall automatically cease.
Time is of the essence of this Agreement with respect to payment of rentals provided for herein. No waiver hereto of
the non-performance of any term, condition, or obligation hereof shall be a waiver of any subsequent breach of or failure to
peanyother term, condition, or obligation hereof. -
bat. .. e
mgrfthe payment nf damage n for the i or action cti of ore personal
of any of the-obligations of the Lessee hereunder, includ- .
It the Owner shall g insal property herein described, Lessee agrees to Day, in addition to
all amounts found due from such Lessee to the Owner, reasonable attorney's fees incurred by the Owner, and any such venue
or action shall be within the County of Adams,State of Colorado.ln this connection-ftis expressly agreed and understood that the
place of performance and payment of this contract shall be within the County of Adams and State of Colorado.
Lessee agrees to keep said property, during the full term of this Rental Agreement, in Lessee's custody and at the
place and county specified herein and shall not remove and/or sublease or rerent the same without the Owner's consent in
writing first being obtained.
All the terms and conditions hereof shall be binding and inure to the benefit of the successors, assigns, and legal repre-
sentatives of the respective parties, but the interest of the Lessee herein shall be transferable only with the written consent of
the Owner.
Lessee further agrees to use said property for only one shift of eight 18) hours per day of twenty-four 1241 hours.
If Lessee desires to use said property for more than eight (81 hours in any one twenty-four (24) hour day, then such addi-
tional time is to be paid for by Lessee on a pro-rata basis at the-same rate as herein provided.
The Lessee shall obtain and maintain, at Lessee's expense, all necessary licenses from public authorities, and from the
owner of the premises upon which said personal property is used and from all others whose consent is necessary for continued
use and maintenance of said personal property. In the event any license or licenses be cancelled or the use of said personal
property be prohibited for any reason whatsoever, the obligation of the Lessee for the payments provided herein shall never-
theless continue and remain in full force and effect.
This lease covers all of the agreements between the parties hereto and Owner will not be responsible for any under-
takinggiven orally or otherwise which is not specified in this lease. The specifications, annexed hereto, have been approved
by the Lessee•
Lessee shall provide any necessary reinforcements for supporting and for protecting the personal property herein des-
cribed,at Lessee's expense. :
This lease is made by the Owner upon the condition that the performance by the Owner shall be subject to delay by
strikes, breakages, fires, unforseen'commercial delays or acts of God.
cillactionalci Equipment Company
P. O. Box B • Ph. 287-7401 ... • `:y 73°33 Highway, 85 • Commerce City, Colorado 80022
RENTAi AbREEfiENT
Customer ___ Weld Chanty Contract Number C..102
Mailing Address 1500 — 2nd Street Credit Approval
City Greeley State Colorado Sales Approval
THIS MEMORANDUM OF AGREEMENT, Made this let day of July , A. D., 193
by and between ✓'Kaelo„al✓Eg„lpr„ent Company., a Colorado corporation;`hereinafter designated as "Owner,"
at 7333 Highway 85, Cmmmere• City, Colorado
and the undersigned, Meld County e � , hereinafter designated as "Lessee";
WITNESSETH :
That in consideration of the covenants and agreements of the Lessee hereinafter set forth and of the sum paid
as consideration hereinafter mentioned and now paid to the Owner by the Lessee, the receipt whereof is hereby
acknowledged, the said Owner does hereby lease unto said Lessee the following personal property, to be used in
Weld County,'State of Colorado
to-wit:
1 - Champion Motorgrader Model 560 BD with 014 4-71N engine, with all standard
equipment and with ROPS Cab, heater, defroster, front and rear windshield
wit rs, lights, turn signals, float valves, scarifier, 4 wheel power brakes,
power tilt blade,-:110 mouldboard, 14.00 a 24 - 10 PR tires, 9138 power range
shift tranamesion. S/N 7049
$39,781.00
Le,4s trade-Int' Caterpill r,t12, S/N 8T-13371 6.581.00
$33,200.00
$6,581.00 to apply as rental from July 2E 1974 to February 1, 1975 with the
option to buy.
It is expressly agreed and understood between the Owner and Lessee that all terms and conditions set forth on
the reverse side of the Agreement form a part of, and are hereby made a part of, this contract.
The full agreement between the Owner and Lessee is contained herein, and time is made the essence of this
IN WITNESS WHEREOF the Lessor and Lessee have hereunto set their hands this 1st day of August
nit /// r
‘l ttCt , R-c 1( 6 onal� ipment om an
Lessee- 1 P '�
(owner)
By �� By
FORM 526 Bill Reich Printing I
•
Transportation charges to be.Pod both ways by lain. 4 r""- -
Said rent is to begin on theday the said
property is delivered to Lessee and is to end on the day that said property is
returned by Lessee to Owner, at 1333 Z 85, C eroe Cit y, Colorado . .
Said property is hereby leased for a ten,,of from Tuls26.197 0to Feb 1 19
property after the expiration of said term, such retention shall be construed as a continuance Torn if atL the e¢ amei rental,
e said
• and under the same terms,'until of this lease, . after e
expiration of said original term, said.property is so returned y' w to owner, at the place gi above-specified:*Ow e r to At any sinceagrees the
return said property t Owner, at said place.
THREE l l31 days' written notice to be given by*Owner to Lessee, Lessee to
6 581
Payment of$ , •CO is now made as part consideration for this Agreement, which shall, in the event of
the full and faithful performance of all the covenants and agreementg;ip this agreement by the Lessee to be;performed, be
credited in the payment of the - 7 months' rental of said term, otherwise said payment this day made shall
belong to the Owner as a part of the consideration forthe execution of this Agreement, ..
The Lessee covenants and agrees to pay the Owner as rental for said personal property above described the sum of
$ per month, payable in advance on the day of each and every month of the term hereof,
said rental to be paid at the office of Owner.
Said rental shall be paid, except as herein otherwise provided, whether or not the personal property hereinabove des-
cribed shall be used or operated by the Lessee. All overdue payments shall bear interest at the rate of 18% per annum.
The Lessee agrees to maintain said personal property in the same condition as when received, and in this respect the
Lessee acknowledges that it has received all of the aboverdeatdbed personal property in good order and repair and agrees to
maintain said property at Lessee's expense in said good order and repair. It is expressly understood and agreed that the Owner
shall not be liable for damages of any kind or nature whatsoever, whether to person and/or property, and/or for loss of time,
and/or any other loss arising from the use of, or in any way connected with,::the said property herein leased, or any part thereof.
Lessee agrees to hold the Owner free from any and all damages and to, reimburse and pay to the Owner, on return of said
property to Owner, for all charges incidental to all breakages, shortages, or damage, other than ordinary wear,to said property.
The Lessee agrees to pay all taxes that may be assessed upon the personal property herein described or the use thereof,
and/or upon this agreement, or the payments to be made thereon. Lessee agrees to carry insurance policy insuring for the
benefit of Owner and indemnifying,,as provided in said policy,-against loss from claims for damages for accidental bodily in-
juries, and/or death resulting from use of said personal property, including, in addition to other matters, any liability to em-
ployees or under any Workmen's Compensation Law.
The Lessee hereby assumes all risks of fire or other casualty, and agrees to indemnify Owner for all damage or loss to
said property:from fire or other -aas4ahty,:_. .
In the event that.Lessee fads to;perform anything herein:required-and/or fails topay any sumwhen the same shall be
due, and/or if an attachment is levlO against yid property, and,/ attempted, by a creditor of Lessee, the Owner may, at Its
option, and without notice;enter the-premises In-which said perrs property, or en¢'part thereof, is !bested, and 'without
hindrance, directly-or:indirectly on tin art.of-the Lessee, take posarrssjen,of said properly,and the Lessee hereby agrees to pay^all expenses, including a reasonable attorney's fee, that may be incurred by Owner in enforcing this.Agrgement,.and/or in
collecting the rent provided-herein,and/or in repossessing said property. Should the Lessee be subjected to a bankruptcy,insolvency, or receivership proceeding%,whether voluntary or involuntary, or if the Lessee makes an assignment for the benefit
of creditors, or if a receiver is appointed to take possession of the business of the Lessee,-then all rights of the Lessee to the...
use or possession of said personitipaelerly herein described shall-automatically terminate-randthe--Owner shallbe entitled to
immediate possession; and the Owner further shall be entitled to retain as part payment for any liquidated damages which may
be claimed and/or suffered by it,them ,ies held as the last month's rent, and any part of said Lessee or its legal representa-
tives to make claim therefor shall automatically cease.
Time is of the essence of this Agreement with respect to payment of rentals provided for herein. No waiver hereto of
the non-performance of any term, condition, or obligation hlereo.)hall be a waiver of:any subsequent breach of or failure to.
perform the same or any other'terns', condition, or obligation hereof.
If the Owner shall Institute suit or action for the enforcement of any of the obligations of the Lessee hereunder, includ-`ing the payment of damages or for the recovery of the personal property herein described, Lessee agrees to pay, in addition to
all amounts found due from such Lessee to the Owner, reasonable attorney's fees incurred by the Owner, and any such venue
or action shall be within the County of Adams, State of Colorado.ln this connection-it-is expressly agreed and understood that the
place of performance and payment of this contract shall be within the County of Adams and State of Colorado.
Lessee agrees to keep-said property, during the full term of this Rental Agreement, in Lessee's custody and at the
place and county specified herein and shall not remove and/or sublease or rerent the same without the Owner's consent In
writing first being obtained.
All the terms and conditions hereof shall be binding and inure to the benefit of the successors, assigns, and legal repre-
sentatives of the respective parties, but the interest of the Lessee herein shall be transferable only with the written consent of
the Owner.
Lessee further agrees to use said property for only one shift of eight (8) hours per day of twenty-four (241 hours.
If Lessee desires to use said property for more than eight (81 hours In any one twenty-four 124) hour day, then such addi-
tional time is to be paid for by Lessee ona pro-rata basis at the same rate as herein provided: .
The Lessee shall obtain and maintain, at Lessee's expense, all necessary licenses from public authorities, and from the
owner of the premises upon which said personal property is used and from all others whose consent is necessary for continued
use and maintenance of said personal-property. In the event any license or licenses be cancelled or the use of said personal
property be prohibited for any reason whatsoever, the obligation of the Lessee for the payments provided herein shall never-
theless continue and remain in full force and effect.
This lease covers all of the agreements between the parties hereto and Owner will not be responsible for any under-
taking given orally or otherwise which is not specified in this lease. The specifications, annexed hereto, have been approved
by the Lessee.
Lessee shall provide any necessary reinforcements for supporting and for protecting the personal property herein des-
cribed, at Lessee's expense,
This lease is made by the Owner upon the condition that the performance by the Owner shall be subject to delay by
strikes, breakages, fires, unforseen commercial delays or acts of God.
Hello