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Such items of Equipment listed in the contract which will have identifying serial or model numbers shall be <br /> described with their respective serial or model numbers. <br /> This lease is effective when signed by both parties and shall thereafter continue until expiration of 1 one <br /> month(s). (See attached Rider, "Exhibit "A", which is an integral part of this lease). <br /> Lessee agrees to pay Lessor as rental for said Equipment, the sum of <br /> Ten thousand five hundred and no/100----------------------------- Dollars <br /> �$10,500.00 � payable in equal consecutive monthly installments of <br /> Ten thousand five hundred and no/100------------------------------ Dollars !I <br /> ($10,500.00�, in advance. �� <br /> The first monthly installment and any sales or use tax which may be imposed by reason of the �'i <br /> ownership, leasing, renting, or use of said Equipment by any governmental agency shall be due and <br /> payable upon loading of Equipment on common carrier at point of origin. Remaining rental installments <br /> are payable monthly in advance. ', <br /> As security for the prompt and full payment of the rent and faithful and timely performance of this lease, any <br /> extension or renewal thereof on its part to be performed, Lessee has pledged and deposited with Lessor <br /> an amount equal to one month's installment of rental which said deposit shall be returned to Lessee <br /> upon the expiration of this lease or any extension or renewal thereof, provided Lessee has paid all rent <br /> herein called for and fully performed all of the other provisions of this lease on its part to be performed. <br /> Amount of securit de osit shall be 10 500.00 <br /> Y p $ <br /> TERMS AND CONDITIONS <br /> 1. Lessee covenants and agrees that: <br /> (a) Equipment at all times will be located at: <br /> Lincoln Park Drive Decatur IL 62521 <br /> (Street Address) (City) (State) (Zip Code) <br /> herein called "the premises" and will not be removed from the premises without prior <br /> written consent of Lessor. <br /> (b) Access to and from the premises and its facilities shall be permitted to Lesso�'s employees <br /> for the purpose of enabling Lessor to make periodic inspection of the Equipment and to show <br /> Equipment to other prospective customers. <br /> (c) Lessee will use and operate Equipment in conformity with all laws and regulations relating to <br /> the possession, use and operation thereof; keep Equipment free of all liens and claims; pay <br /> all taxes and other governmental charges relating to this lease; and Lessee shall schedule <br /> 2 <br />