Resolution 235-1979
RESOLUTION NO. 235 -1979
RESOLUTION AUTHORIZING EXECUTION OF LEASE END
EXTENSION AGREEMENT BY AND BETWEEN FORD MOTOR
CREDIT COMPANY AND THE COUNTY OF MONROE.
BE IT RESOLVED BY THE BOARD OF COUNTY COMMISSIONERS OF
MONROE COUNTY, FLORIDA, as follows:
That said Board hereby authorizes the execution of
a Lease End Extension Agreement by and between the Ford
Motor Credit Company and the County of Monroe, a copy of
same being attached, for the leasing of one (1) 1978 Ford
Fairmont to be used by the C.E.T.A. Office.
Passed and adopted by the Board of County Commissioners
of Monroe County, Florida, at a regular meeting held on the
9th day of October, 1979.
BOARD OF COUNTY COMMISSIONERS
OF MONROE COUNTY, FLORIDA
tg~~
al. an
By
----
(Seal)
Attest:
~/ ) ,': Y,~~-;"'-"
!,'~, -----;t%~ /i~--d~_/:;'
AJIlJIIWOWD AS' TO FORM
AIID.,~tlAL SUFFICIENCY.
~ij1 /1 ~;~/ "
BY ~:{!d:C;
AU,i)r,~-'p~".~:- /~",
BOOK
(\
T' C!,,~ J
I u I.
EAGE --L t) '?---
-..
APPROVED ON
'\ I"
....
6i~
~'FPrd Motor Cree
RETAIL VEHICLE LEASE
npany LEASE END EXTENSION AGREEMENT
Di
? /20/",'9
LeSeor s Name and Address
Lessee's Name and Address
Ford 110t.or '~re,ii_ t~o. ;,cs~:()r
J900 IT. \.]. 79th hv".
;O'Jnty of Lonroe
r~oo ;:h5.tehc.'id 0t.
.i='~.Y l!cst, ii'L ).30~10
",~ . ,. r'l
,dlarll) J<.L'
Lease No. I'M 1\T1 "" l-TMOn
Date of Lease:
10/2)1/ ~~'signee: FORD MOTOR CREDIT COMPANY (Ford Creditl
For valuable consideration, Lessor, Lessee, and Ford Credit agree that the term of the described Retail Vehicle Lease (Lease) with respect
to the vehicle(s) described below may be extended from the Present Termination Date set forth below to the New Termination Date set forth
below on the terms and conditions hereafter contained.
Yea;'
,-.~ ,-
(
Tota Is
Vehicle
Make
-For' :
':"
Serial Number
"'A92T?C519 ~~
~
Description
Model
Fair<YI,'llt.
Present Termination Date
9/2h/79
New Start'ng Date
ID'1/79
,-: " '," . '
" " "
" , , "
" " ':: ,
,
No. of Months Extended
12
New Termination Date
9 j;jj/'o
New Termir ation Date
9/30/80
Monthly Rental During Extended Term
Commencing n~+ ~ ') 19 --R
B,I..P.D.. [J Pa id Herewith
Additional
Coil., Comp, [J Incl, in
Insurance Month I y Payment
Credit/Dis. 0 Paid Herewith
Premium(sl
Insurance 0 Incl. in
Monthly Payment
Service (Maintenance) during Extended Term'
Total Monthly Payment :~l':S .;;0
Monthly Tax
Rate
0,
o
Total Monthly Amount Due
~.~) 1 J:~ .~~O
'If no specific amount appears on this line, Assignee (Ford Credit) will assume that any service (maintenance) charge previously included
in the Lease and sub s e que n t I y outl i ned in a separate agreement between Lessor and Lessee has been term inated un less otherw ise
specified in such agreement,
Lessee agre~ to'\ pay the Monthly Renta}1l~ Monthly Tax during the Extended term commencing on the date specified above and the other
changes a0ndica,t~d above. EXCEPT ar'moylified above the Lease continues in full force and effect.
/ / ,<:L V
Le""_~~~ . .~;~:-' , L~ of. ~t:yy:. FV c,~;' Com~"" IF"d c'ed:~DMIN
By ,- .....--"...-:.:..'-~._'-.._.~~:- '''--no By '~L?A__ ~i -f.J. ... )B'yl~ AA _ A~.re;" A./ ....T:'n
Consent of Guarantor: The undersigned Guarantor consents to the above and foregoing exte~J(;n and agrees that tlied"ame does not release,
impair or limit his liability as guarantor of the Lease.
Guarantor Signs
F M C C 11418 July 75
Previous p.rliti()n~ MAY he used.
Date
DEALER: Prepare 4 copies and submit to Ford Credit for signing. Copies (2) and (3) will be returned to you.
BRANCH: Ori~inal - DPC COpy 1 - Lessee File Copy 2 - Lessee r"nv 3 - Dealer
'I,";; .~'.,
Lease No,
Retail Vehicle Lease
(Net Lease)
D'ate:
October 24, 1978
Lessor (Name & addressl
DuDeaD Ford L1neo1D Ktt1'e1U7
1618 ROO..flUt BlYCt.
l~r.w.t,a~.essor"1 S3040
Lessee is a 0 IndiVidual [] Partnership 0 Corporation
Intended use of vehicle 0 Personal 0 Agricultural 0 Business as
Lessee jN~me & address)
Cowrt.~ of M01U'Oe
~ Whitehead st.
(h.ft'8Y'f~ P-lain
';~1!~
.,. j
";\:'i..-:-'.':
. ~... .
{-.-'
County A~
(Occupation of Lesseel,
LESSOR, named above, hereby leases to LESSEE, named above, and Lessee hereby leases from Lessor the Vehicle(s). including the
Equipment, described below (hereinafter called the "Vehicle(s)" on the terms set forth below and on the reverse side hereof and in
any Schedule attached hereto and made a part hereof.
Year
Fairmont
, : ~
"
,.,
....
b
Base
Monthly
Rental
Service.
2 (MaInte-
nance)
3 Insurance.
$
4 . ..,' ,... $
5 $
T ota I Mth Iy
6 Payment $
11 +2 +3 '4 T5)
Month Iy
7 Use or $
Renta I Tax
Total Mthly
B Amount Due $
(6 +71
Down Pvm'l,
9 line I. Trade- $
Inl
10 Rental $
Securi ty
$
$'
Other
11
$
$
$
InItial Pay-
12mentI8+9+ $
10+111
$
$
Excess mi leage charge:
.05
C per mi Ie over
15.OOOv1iles per year
TERM AND RENTAL PAYMENTS: The term shall comr]1ence on the date
hereof and sholl continue for the Lease Term stated above. LESSEE
agrees to pay to Ford Motor Credit Company (hereinafter called "Ford
Credit") as assi9.nee of Lessor the Total Monthry Payment (Ilem 6 above)
for the term of the lease in accordance with tne Payment Schedule' set
forth above plus any taxes. or other charges for which Lessee is respon..
sible under the terms of this lease and a delinquencv ch'Jrge on each
payment due hereunder wh i ch is in d efau I t for 10 doy' 5 or mo re in th e
amount of 5% of such payment or $10 whichever is the lesser I?lus all
costs and expenses, including reasonable attorney's fees, in effecting
call ecti on hereunder.
INSURANCE REQUIREMENTS: Except as provided ab~v;' if a char e
is provided for insurance, Lessee shoJI provide at his own eXp'ense t~e
following insurance on each VE"hicle during the term hereof: (,) compre"
hensive fire and theft insurance, if the Vehicle is a p'assen~er car, or
fire, theft and combi'led additional insurance if the Vehicle IS, ~ truck,
sublect to a deductible amount of not more than $50, (I.) colliSion 0'10
upset insurance subject to a deductible amount of not more thon $10Ud
liii) automobile liabdity insurance with limits of not less than $100,00
lor anyone person for bodily iniury or death $300,000 far anyone
accident for bodily in/'ury or death, and $25,ObO for property dama~e.
Lessee shall pay for 0 I repairs made necessary by OCCident or colliSIon
which are not covered by insurance. All i'nsuronce sholl protect, os
their interest mqx appear, the Lessee, the Lessor and Ford Credit and
sholl be acceptable os to form, content and insurance company to Lessor
and Ford Credit. Lessee shol furnish such evidence of such insurance
as Lessor or Ford Credit may from time to time require. Lessee sholl
promptly notify lessor and Ford Credit of any accident involving or
camoge to any Vehicle and of any c1oim, suit or demand arising out of
the ownership, moin'enuncc or use of any Vehicle.
TERMINATION: This lease shall terminate with respect to a Vehicle (L)
upon expiration of the term of this Leese( the return of such Vehicle to
the Lessor and the payment by Lessee 0 all SumS with respect to such
Vehicle for which the Lessee is responsible hereunder, or (ii) at the
option of Lessor, upon the death of the Lessee if the Lessee is on
individual or if the Lessee is a partnership, upon the death of any partner
or other di.ssolution of the partnership, or, if the Lessee is a corporation,
LESSOR accepts this
this lease to F
conditions se
'deration assigns
on he terms and
revers side hereof.
By'
(. ~
GUARANTY: Undersigned hereby guaranties Lessee's 0
reverse side hereof.
Guarantor:
* 0 Maintenance: to be provided by Lessor during the first
mi les of operation of each Vehicle pursuant
to a separate agreement for such service, and which, s,er\iice
includes not to exceed replacement tires' during
the lease tenn. MAINTENANCE, REPAIRS AND OPERATING
EXPENSES NOT EXPRESSLY COVERED BY SEPARATE AGREE-
MENT REMAIN THE RESPONSIBILITY OF LESSEE in accordance
with paragraph 3 overleaf. []J Non-Maintenance,<,;.Fli:.
',; '.~
UINSURANCE is the responsibility of the Lessee in "accord-
ance wi th the Insurance Requi rements set fOl th below,
If a charge for insurance is included in item 3, opposite,
Lessor will use his best efforts to obtain and maintain insur-
ance as follovvs: :~:;"::. II \~'
Physical Damage: 0 Collision ($ Deductible)
o Comprehensive ($ Deductible) .-:
o Fire, Theft & combined additional coverage ($
Per Mo,
Deductible)
o Liabi I ity Insurance Limits:
" :~i{4i,;:,;(;
B.I. per person '..
8.1. per accident
occurrence
l
In the event the Less-or."s cost for such insurance increases J
during the term of this lease. Lessee agrees to pay the amount of
such increase upon being billed therefore or. at Lessor's option.
b-y an increase in the monthly rental for the balance of the lease
term, In the event Lessor is not able to obtain the coverage indicated
above, or if the insurance is cancelled or expires and the Lessor is
unable to obtain replacement insurance elsewhere, the Lessee
remains fully responsible for providing such insurance in accordance
with the Insurance ReqUirements. belOW. Unless indicated above Phys.
sica! Damage and/or LIABILITY INSURANCE IS NOT PROVIDED BY
LESSOR.
"-*Charges are for services indicated for the term of the lease
unless specifically provided for a shorter 'term in any schedule
att(lched hereto. If lessor's cost for such services increases during
the t'Jrm Lessee agrees to pay such increased cost as additional
rental.
PAYMENT SCHEDULE
INITIAL PAYMENT litem 12) due on the date hereof.
TOTAL MGNTHLY PAYMENT (Item 6), plus any use or rental receipts
tax in the amount in Item 7 or such other amOIJl1t as may be due the
taxing authority from time to time, shall be due ,md payable on the
o 5th 0 15th 0 25th day of each month during the term of
the lease commencing
, 19
Lease term:
11
I Months
upon its dissolution or merger with or into any other corporation, or in
upon the occurrence of on event of default os hereafter provided; or (iii)
ot Qny time upon such terms and conditions os the Lessor and Lessee
sholl 'mutuolly determine provided that the prior written consent of Ford
Credit has been first obtained. Lessee has no right of termination prior
,to expiration of the Lease Terma \. ." .
'.;":<"~~
'~.. ,:. J",
ASSIGNMENT: Promptly upon the execution and deliverY her~of, Lessor
will assLgn this lease to Ford Credit. Lessee acknowledges receipt ot
notice of Lessor's intent to make such assignment to Ford Credit and
agrees to make 011 payments due or to come due hereunder directly to
F.ord Credit without further notice and without setoff, counterclaim or
defense. Lessee a9.rees that Ford Credit shall have no obligation or
liability under this lease by reason of such assignment for any repairs,
service or maintenance of any Vehicle or to provide any insurance, or
any other service req\Jired to be provided by Lessor wnether or not a
charge therefor is included above and that Lessee shall look solely to
Lessor for the performance of on,y obligation (\f Lessor with respect
thereto, Upon assignment to Ford Lredit, Ford Credit shall have all the
rights and remedies of the Lessor hereunder. Lessee shall have no
right to assign this lease or any interest herein o.r in cny of the Vehicles
or Sublease any of the Vehicles without Lessor's and Ford Cre,dit's prior
written consent. I
, "
NOTICE TO THE LESSEE: (1) Do not sign this agreement before you
read it or if it contains any blank spaces to be filled in, (2) You
are entitled to a completely filled-in copy of this agreement. ..
Lessee ilcknOV\lledges receipt of a completely filled-in copy of
this agreement at the time of signing, notice of the assignment of
the lease by Lessor to Ford Credit and receipt of del ivory of the
Vehicle(s) in good order. r,
,-.""
The ADDITIONAL TERMS AND CONDITIONS on the reverse side
hereof are a part hereof and incorporated herein,
~'
....:.;:....'-.''''....
~ .~t~:..~:~~;...
......r,"::....
,
under in accordance with
the tenns,qf the I?u~,r~nty set f,orth on, ~e ..
..~, ;;;~;d!)~;,~~};f r~ t::'\~;,~9: t ::;-~;::T. ,;>;~' ;::';:"~f~(:{C{ i'
Witness:
,?i~'\'.~<\:').;' ~...
";
I.: -.
FMCC 11388 MAY 72 Previous Editions May NOT Be Used
Prepnre as 'ollow~: 1 - OnUlnrll
2 - DlIpl icale
Prepare 5 copies
, ,
3 - Lessf!P COpy
4 - Deiller
39,