097-Holiday Ice, Inc.
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ICE MACHINE LEASING - SALES - SERVICE
110 MINGO TRAIL - P. O. BOX 606, LONGWOOD, FLA. 32750
305/831-2077
LEASE AGREEMENT
THIS AGREEMENT ENTERED INTO THIS
12TH
DAY OF
DECEMBER
19
74
BY
AND BETWEEN
THE CITY OF SANFORD. FLORIDA
WHOSE PRINCIPLE PLACE OF BUSINESS IS
SANFORD. FLA.
HEREINAFTER CALLED LESSEE AND HOLIDAY ICE. INC. . WHOSE PRINCIPLE PLACE OF
BUSINESS IS LONGWOOD, FLORIDA, HEREINAFTER CALLED LESSOR. THE LESSOR LEASES
AND THE LESSEE RENTS THE FOLLOWING EQUIPMENT TO WIT :
1 HOLIDAY MODEL 50 W ICE MACHINE
1 STAPLES & STEVENS MODEL U800SA ICE STORAGE BIN
TERMS AND CONDITIONS
1. THE EFFECTIVE DATE OF THIS LEASE SHALL BE DECE MBER 12,1974 AND THE TERM
OF THIS LEASE SHALL BE FOR A PERIOD OF FIVE (5) YEARS FROM SAID EFFECTIVE DATE
AND MAY BE RENEWED FOR AN ADDITIONAL FIVE (5) YEAR PERIOD UNDER THE SAME TERMS
AND CONDITIONS AND FOR THE SAME LEASE AMOUNT. THE EQUIPMENT SHALL ALWAYS
REMAIN THE PROPERTY OF THE LESSOR.
2. THE AMOUNT OF THE MONTHLY LEASE PAYMENT SHALL BE $ 69.00
PLUS STATE SALES TAX. THE FIRST AND LAST PAYMENT SHALL BE MADE UPON THE
EXECUTION OF THIS AGREEMENT AND ALL SUBSEQUENT PAYMENTS SHALL BE MADE ON A
MONTHLY BASIS IN ADVANCE.
3. THE LESSOR AGREES TO FURNISH ADEQUATE INSURANCE TO COVER THE EQUIPMENT
AGAINST PERILS OF FIRE AND EXTENDED COVERAGE.
4. THE LESSOR AGREES TO INSTALL THE EQUIPMENT AND FURNISH ALL MAINTENANCE,
INCLUDING PARTS AND LABOR, FOR THE TERM OF THE LEASE AND ANY EXTENSION AND
RENEWAL THEREOF. IT IS UNDERSTOOD THAT IN THE LESSORS MAINTENANCE PROGRAM.
HE MAY FROM TIME TO TIME SUBSTlnJTE MACHINE(S} WHILE OTHER MACHINE(S} ARE
BEING REPAIRED. HOWEVER THE CAPACITY OF THE SUBSTlnJTE MACHINES SHALL ALWAYS
EQUAL OR EXCEED THAT OF THE ORIGINAL EQUIPMENT. IN THE EVENT OF SUCH SUBSTI -
TUTION. THE LESSEE WILL BE NOTIFIED IN ADVANCE.
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s. THE LESSOR GUARANTEES OPERATION OF THE ICE MACHINE AS FOLLOWS:
A. ANY MALFUNCTION OF ONE OR MORE OF THE ICE MACHINES INSTALLED BY THE
LESSOR THAT MAKES IT NECESSARY FOR THE LESSEE TO PURCHASE ADDITIONAL
ICE, THEN AND IN THAT EVENT THE LESSOR WILL REIMBURSE THE LESSEE FOR THE
COST OF THE ICE PURCHASED UP TO THE AMOUNT THAT SHOULD HAVE BEEN PRODUCED
BY THE MALFUNCTIONING MACHINE(S) FROM THE TIME THE LESSOR IS NOTIFIED OF THE
MALFUNCTION UNTIL THE MACHINE (S) IS BACK IN OPERATION.
B. Loss OF PRODUCTION DUE TO EXTERNALLY CAUSED FIRE, RIOT, CIVIL
COMMOTIONS, EARTHQUAKE AND OTHER ACTS OF GOD SHALL NOT BE DEEMED A
MALFUNCTION OF THE ICE MACHINES FOR PURPOSES OF THIS GUARANTEE.
6. THE LESSEE AGREES TO SUPPLY ADEQUATE POWER, WATER AND DRAIN FOR EACH
MACHINE.
IN WITNESS WHEREOF WE HAVE PLACED OUR HAND AND SEAL ON THE DATE FIRST ABOVE
WRITTEN.
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WITNESS :
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LEASE CANCELLATION ENDORSEMENT
THIS ENDORSEMENT IS ATT~CHED TO AND BECOMES A PART OF A CERTAIN LEASE
AGREEMENT DATED
DECEMBER 12, 1974
BY AND BETWEEN HOLIDAY ICE,
INC., THE LESSOR, AND
THE CITY OF SANFORD, FLORIDA
THE LESSEE, AND PERTAINS TO THE FOLLOWING EQUIPMENT:
1 HOLIDAY MODEL 50 W ICE MACHINE
1
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STAPLES & STEVENS MODELOSO 3A ICE STORAGE BIN
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EITHER PARTY TO THIS AGREEMENT MAY CANCEL THIS AGREEMENT UPON THIRTY
DAYS WRITTEN NOTICE IN ADVANCE TO THE OTHER PARTY.
WITNESS:
HOLIDAY ICE, INC.
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WITNESS:
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