This lease of __________(1)__________________,
made _______(2)_____________, by and between __________(3)____________,
whose address is __________(4)_________, hereinafter called Lessor, and
__________(5)_____________, whose address is
__________(6)____________, hereinafter called
Lessee,
Witnesseth:
1. That Lessor hereby leases to Lessee, and Lessee
leases from Lessor, subject to the terms and conditions herein set
forth, the following (hereinafter sometimes referred to as the
"Property"):
Make and Model Manufacturer's Serial No.
Registration No.
Together with all equipment and accessories
attached thereto or used in connection therewith including the
following: ___(7)______________________________________________________
All of which are included in the term Property as
used herein. Lessee hereby acknowledges delivery and acceptance of the
aforesaid Property upon the terms and conditions of this lease.
2. Lessor hereby leases to Lessee said Property
for the purpose of _____(8)____________.
3. The term of this lease is
______(9)____________, beginning this day and ending
_________(10)______________.
4. In consideration of said lease, Lessee
covenants and agrees as follows:
(a) To pay to Lessor for the possession and use of
said Property for the purpose aforesaid, _____(11)____ dollars
($_________), payable as follows: ____________(20)___________.
(b) To safely keep and carefully use the Property
and not sell or attempt to sell, remove or attempt to remove, the same
or any part thereof, except reasonably for the purpose aforesaid.
(c) Lessee shall, during the term of this lease
and until return and delivery of the Property to Lessor, abide by and
conform to, and cause others to abide by and conform to, all laws and
governmental and airport orders, rules and regulations, including any
future amendments thereto, controlling or in any manner affecting
operation, use or occupancy of said Property or use of airport premises
by said Property.
(d) Lessee shall pay all taxes, assessments and
charges on said Property or its use during the time he is in possession
of the same, imposed by federal, state, municipal or other public, or
other authority; save Lessor free and harmless therefrom; and to these
ends reimburse Lessor on a pro rata basis for such taxes or charges paid
by Lessor hereto or hereafter.
(e) Lessee accepts the Property in its present
condition, and during the term of this lease and until return and
delivery of the Property Lessor the Lessee shall maintain it in its
present condition, reasonable wear and tear
occurring despite standards of good maintenance of Property excepted,
and shall repair at his own expense any damages to said Property caused
by
operation or use by lessee or by others during the
term of this lease and until delivery of the Property to Lessor.
(f) Neither Lessee nor others shall have the right
to incur any mechanic's or other lien in connection with the repair,
maintenance or storage of said Property, and Lessee agrees that
neither he nor others will attempt to convey or
mortgage or create any lien of any kind or character against the same or
do anything or take action that might mature into such a lien.
(g) Lessee shall be responsible and liable to
Lessor for, and indemnify Lessor against, any and all damage to the
Property, which occurs in any manner from any cause or causes
during the term of this lease or until return and
delivery of the Property to Lessor. Lessee shall be responsible and
liable for, indemnify Lessor against, hold Lessor free and harmless from
any
claim or claims of any kind whatsoever for or
from, and promptly pay any judgment for, any and all liability for
personal injuries, death or property damages, or any of them, which
arise or in any
manner are occasioned by the acts or negligence of
Lessee or others in the custody, operation or use of, or with respect
to, said Property, during the term of this lease or until return and
delivery of the Property to Lessor.
(h) Lessee will keep insured from and including
this day until return and delivery of the Property to Lessor, in such
company or companies as Lessor shall approve, according to
applicable standard forms of policy, and for the
benefit of Lessor, (1) against loss or damage from any cause or causes
to the Property for the full value thereof in the amount of one million
dollars, and (2) against liability for personal injuries, death, or
property damages, or any of them, arising or in any manner occasioned by
the acts or negligence of Lessee or others in the custody, operation or
use of, or with respect to said Property, in the amount of one million
dollars relative to personal injuries and/or death and one million
dollars relative to property damages.
(i) Lessee shall return and deliver, at the
expiration of the term herein granted, the whole of said Property to the
Lessor in as good condition as the same is, reasonable wear and
tear excepted.
(j) It is mutually agreed that in case Lessee
shall violate any of the aforesaid covenants, terms and conditions
Lessor may at his option without notice terminate this lease and take
possession of said Property wherever found.
WITNESSES
___________(13)________________
____________(14)______________
LESSOR
___________(13)________________
___________(13)________________
____________(15)______________
LESSEE
___________(13)________________
NOTICE
The information in this document is designed to
provide an outline that you can follow when formulating business or
personal plans. Due to the variances of many local, city, county and
state laws, we recommend that you seek professional legal counseling before
entering into any contract or agreement.