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HomeMy WebLinkAboutC81-055 Schmidt Gypsum RanchV 40
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CION
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wpo tment
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Rented frojua Sciadt
Gypsums Ranch
CA Jack Schmidt
Box 108
Q,wvz,a=, co 81637
Mem-I ment rented: Caterpillar D6C SIR 76A5644
Equipment to be used at; Lake Creek Road
Rental rate: $40 per hour
Date: -7 August 1981
Lessee agrees to pick up equipment Mondays August 10, 1981. The parties
agree
ttthat
Le ag examined by Les
the property was inspected by Lessor and personally
me
of
delivery to and acceptance by Lessee and that the property was in good and
serviceable condition*
is and at all"times shall remain in Lessor. --Only
r!- "Title to the rented property ,
the parties hereto and such other persons whose names are endorsed o�ebe
P and Lessee will not permit saidproperty
•,N.I authorized to use said property., ted hereon
used by any
other person or at any address other than theeppl cc designated
only by
without the express consent of Lessors and that the Cat Pe
a qualified operator.
Lessee agrees that in the event easy of the property becomes unsafe or in a state
ly
of disrepair,
Lessee will immediately discontinue the use thereof and prompt
return it to lessor; or repair it.
Lion of this agreements Leases will promptly return the rented
Upon terming thereto, to the Lessor at Lessor's
property and all attachments and Pobelonging
which such property was receiveds
place of business in the sane conditiondamages to or loss of such
ordinary wear and tear excepted, and agrees to pay any damages the event that
while in possession or control of Lessee hereunder.used to such propertys
property . recover for
Lessor must resof''t to litigation to
attorney fees and court costs
Lessee agrees to: pay Lessor s reasonable
Lessor shall not ,be liable in any event to Lessee for any to&s, delay or damage
cter resulting from defects in or inefficiency of the leased
of any kind or charm property or accidental breakage thereof*
emnify and save harmless the Lessor against all loss, damages
Lessee agrees to: action on accounttof any injury to Person or
expense and penalty arising from any or transportation
character occasioned by the pperation9 rt is in the
property a at�r during the rental. period or while the property of the leased property
possession or control of Lessee.
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�(T'LBir.S`F.O
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OYNNO-11
Rental Agreement for
Caterpillar D6C 5N 76A5644
c/o Doug Filcher, Eagle County
Page 2
If Lessee fails to perform any of the provisions hereto, the Lessor may at its
option, without notice' enter the premises in which the rented property is
located, and tame possession of the equipment. Lessee agrees to pay all expenses
including reasonable attorneys fees, that may be incurred by Lessor in onfOosing
this agreements
Lessee agrees to supply operator, all fuel, oil and other lubricants and
perform daily maintenance and any minor repairs on the machine.
Lessee agrees to pay rent of $40.00 per hour of use as determined by the hour
meter, and to guarantee minimum of thirty-two (32) hours per week* In the
event Lessee cannot operate machine because of fire, flood, or any other Act
of God beyond the control of Lessee, Lessee agrees to pay a standby rate of $20.00
bar hour, or return the machine without penalty at Lessor's option, or any other
such arrangement as may be agreed upon by Lessee and Lessor. Lessee agrees to
pay monthly or within thirty (30) days of invoice, with any unpaid balance after
that date draving interest at the rate of 18% per annum•
If the machine., by reason of negligence of Lessee is damaged or destroyed by
fire, flodd, or other Act of Clod, Lessee agrees to repair or replace the
machine.
Dour meter reading on 7 August 1981 is 78369
Lessor agrees that in the event Lesseel's insurance does not cover the machine
the machine will not -be picked up and contract becomes null and void.
Ck So Sd&idt---
dt gypsum Ranch
Lessor
Date u
Doug Pilther
Eagle County Road and Bridge Dept.
Lessee
Daterl'210.11
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