_•1 4' r F.'OAL~ ;,, RR.LDS~ f ~:HF ~^ BID FORMS for LEASINC:r (2) TWO 420L7 BACKHOE LOADERS With POWER. TILT ATTACFIII~NTS (or equivalent) Kerr County Road & Bride 401.0 San Antonia Hwy. Kerrville, Texas 78028 R30-257-2993 1,2(;'dl,'"F~141S t .: 0~H1 '~'~'76'~',4'~:;1 h S R.UAT~ R SR7L~ac F':;6E. ill SPECIFICATIQN # 0041-OS PAGE 2 12/7!05 Invitatiop Far Sid No. 4041-05 Two (7,) All Wheal Drive Rackhoe Loaders with Power Tilt Attachments Hid Due Date: Thursday, December 22, 5:00 p.m Opening date: December 27, 10:00 a.m _-~.___ ~- Thes entire did packet must be completed and returned I. General A, Kerr County Clerk will accept sealed, competitive bids for the lease of two (2) AWD Dackhoe LA~aders with Power Tilt Attachments.. B. $ids must be submitted no later 4trart 5:00 p.m., Thursday, December 22, 2005, at the Kerr Cauchy Clerk°s l"lilice. Bids will be opened at 10:00 a.m., Tuesday. December 27, 2005, at the K.ert County Commissioners Coutt. Rids must be original and in sealed envelopes clearly marked '°Sealed $id 0041-05." Bidders are invited to attend the hid opening. C. $ids must be submitted on the Bid Forms as provided with this Invitation for Dids, or a copy thereof. Bidders must provide unit prices for each Item Number on the Aid Sheet. A °'No Bid" ar blank quote far any Item Number on the bid Sheet will be considered a rE_jectian of the entire bid. A "No Charge" or "Zero" quote will be considered as incurring na cost to the County. D. Kerr County is not responsible For late delivery by the LTnSted States Postal Service or any independent carrier. Late bids will be returned unopened without consideratiacr. Feesirnile transmittals are not acceptable. E. Hid award will be made to the responsible bidder offering equipment meeting specifications at the lowest total price as shown on the Hid Form. F. Kett County reserves the right to accept ar reject any or all bids. Ca. As this bid is expected to exceed $25,000.00, a bid bond of ten percent (10%) of the bid price must accompany each bid. fonds submitted by unsuccessful bidders will be re4rrrned within ten (10) days of bid opening. The twnd submitted by the successful bidder will be returned upon equipment delivery. li. All equipment ordered by the County must be delivered, at no cost to the County, to Kerr County Road i& Hvidge, 4010 Saaa Antanio'Hwy., Kerrville, Texas 7802$. 12;':'R,'^1341 r. 7. 3: ?~1 ^9F~,^-~~1^] k ~'. PO/.D 2~ ERTP~~F F'r=i~3F. kJ4 SPECIFICATION # 0041-OS PAGE 3 12/7105 Il. Guaranteed Total Maximum Repair Costs A. The bidder shall state on the Hid Farm the guaranteed maximum total costs to the County for repair of khe wheel leader specified herein, pursuant to the terms stated herein. B. The County will assume responsibility fat a1.1 repair costs resulting from damage due to fire, windstorm, flood and rising waters, lightning, theft and pilferage, vandalism, accidents, and operator and mechanic's negligence. Total cast of the repairs due to the above circumstances will not be included in computing the guaranteed maximum total cost of repairs covered under the contract. C. The successful bidder shall pay for all repairs (including parts and labor) to the equipment covered by the manufacturer's warranty, and these costs shall not be included in the guaranteed total casts of repairs. D. The County shall assume, at its expense, all costs including labor to repair or replace al] parts and oomponents normally consumed in day-to-day operations such as tires, tubes, fire repairs, lubricating ail, filters of all types, grease fuel, antifreeze, cutting edges, batteries, headlights, glass breakage, belts, brake liniztg, cleaning and painting. These costs will not be included in aomputing the guaranteed maximum total cost of repairs under this contract. F.. At the termination of the contract, the vendor agrees to pay to the County the cost of repairs that are in excess of the amount bid on REPAIR EXPENSE. F. "fhe County shall maintain the equipment in accordance, with manufacturer's recommendations. G. The successfid bidder has the right to inspect the equipment during normal deparUnent working hours and to make recommendations for repairs and improved maintenance in keeping with the requirements stated by the manufacturer in the shop manual for the maintenance and repair of the equipment. H. Any repairs, ether than those covered in subparagraphs B, C, and D of this section, which exceed $100.00 may be repaired by the vendor, at his option. if the vendor chooses to repair the equipment, repairs shall commence within ane (1) day after notification by the County. I. The accwunulation of charges from County labor and parts, as well as vendor invoices for repairs, other than these covered in subparagraphs B, C, and D of this section shall be the basis for computing the guaranteed maximum fatal post of repairs ~mder this contract. 1^;'.:=I P1;'2F3 E75 1~. ~~ 899„9487. k ~ F,'OAL~ ?~ RF7U~aE F'F7hC ~9 SPECIFICATIi7N # 0041Tp5 PAGE 4 12/7/05 The vender shat! have tlsc right to examine repair costs at any reaspnable time. Should a dispute occur between the County and the vendor, as to whether a charge shpuld be included in computing the gs>aranteed maximum total cost of repairs, then the entire chatter shall become subject to arbitratipn as set Forth in Use bid documents. Name of individual authorized to bid:_ G ?!-fF~_~, Signaitue: ~i~, ~ ~ Firm Name: //l/~,~,tz'% Address. ^~~s 1~~^T.G2sr~-r/ .~~ ,v~,~oi~o ~T %8~ T'elephphe: (~ Ao7o2 /-- .l.'d.i '~'E~ 2all~ ] ~: Jh] ~laF,'~~~?L==~]_ k U ROAI~ ~. E~IL6C PFa9(- ll F. sPECIk'ICATION # 0041-0,5 PAtiP. s 1 z/7ros DA°rA sl1~ET fox Kerr County Road & Bridge 4010 San Antonio Hwy. Kerrville, Texas 7$028 (830)257-2443 ~~ This specification packet must be compteted and returned as part ofyour bid Bidders Name Gi~ /~{tlG~-/T~~OT ~r ~/ Address: ~~:~=5 ~C/~Er2. $T~JT~ 3.5~ Sr if . r/ $ Z / Telephone: ~2~0 -- moo? S_ 1 Z~_~-- TO SIDD1tiR: We will be accepting bids to le two (2) All Wheel Drive Backhoes with Power Tilt Attachments in the bask interest of Kerr County according to; parts, service, warranty, proven reliability, and not necessarily low bid. This bid is to include atrade-in of a 1985 Ford SSSA Backhoe Loader. AlI Wheel Drive Baclchne Proposed Specifications 1. Model 2. Engine 3. Hydraulics q. Transmission 5. Front Axle 6. Brakes 7. standard Lights and Gages R. Wheels and. Tires 9. Canopy 10. Lander Bucket New -Current ~~~~~ G~~S~1/ C'AT 420D ar Equivalent ~ __~ ~___ 84 glorse Power Net /~ / s' ~ ~NP Closed CenterlPiston $~f ~~"~ L ~ ~~ ~~'e ~~~ 4 Speed Forward &Reverse-Shuttle ~~'______ ~, ____ All Wheel Drive (4 wheel drivel Hydraulic Inboard Mounted Including fla.9hers, tachometer, hour meter, and Rotating Beacon Front - 12.5/80 X 18 Rear 14.5 2410PR SCEs ty~~/s`f_ __ / l/ .__ _ r'S -_ ._ ~.L~-s-..~-- .~ BOPS Canopy 1.4 CY General Purpose with 2 piece edge t,/F5 _. ~3 ~Y.~.._- ~ ~; ~~~,~~~E,~; 1,: _r~ ~E ,~=_~ ~ c Ro~,r.~ ~, sFtt~~~E P~~F ~,; 11. Cantrols 12. Counter Weight 13 Stabilizers Excavator Style 1,000 LB Minimum Reversible street pads Stabilizer Guards SPECIFICATION # 0041-OS PACSE 6 12/7!05 '~~' - 7 ~S ._ 14, Operating Weight 16,700 Lb. Minimum 15. Pawer Tilt Attachment Pawer Tilt Attachment For Rear Bucket With necessary hydraulics 16. Backhoe Dig Depth Standard Stick 14' S" 17. Backhoe Buckets 18. Baekhoe Bucket 17ig Force 19. Machine Warranty SJ~s ~iZlr t~uick Coupler Design Heavy Duty with teeth 36" 8c 7.4" ~ ~~S , ,^_-,~-. 14,712 L,B. Minimum Standard Warranty ~ Z Law i~f 20, Delivery 60-40 days ar sooner D~ /'0~~~ FOB Kerr County ~0 ~.~YS __ ~o Any speeibeations that da not meet required specifications will nat be considered. Kerr County reserves the right to reject any and all bids. Sealed bids will be accepted unti15:D0 p.m., December 22, 2005, at the Kerr County CIS Ott3e on the mAin t14or of the Kerr County Courthouse. Sealed bids are to be addressed to the Kerr County Rand .~ Bridge Department and be stated "SEALED BID 0041-05 AWD BACKHOES'° on the envelope. Bids will be publicly opened and read at 10:00 a.m., December 27, 2005 in Camxnissioners Court. I~I_^C7~'~V74I~ i; _,~ ~-;~j5Ra~,1 I+ C RDAL ~. BF.TL~GE Fa~,F RR SPECIFICATION # 0041-OS PAGE 7 12/7/05 Bid Form for Leese of TWO (2) ALL WHEEL DRIVE BACKHOES WITH POWER TILT ATTACHMENT BID D(JE DATE; Thursday, December 22, 2005 L 5:00 p.m. Da not include 1;"ederal Tax ar Stare Salea~ Tar. 71re necessary exemption certificates will he Issued upon request, ITEM _D~SCRIP'TION 1. ONF., (1}NEW Cl rRRENT HACKHOE Manufacturer and M,~AOtel No: ~Lce~~~Ls1-.r1.0 LB~SG~' Warranty: oQ///OM~/S Time Needed for Delivery: __QO.~..i1-y'S, D.e o~/~2 2. Five (5) year Lease (60 months ~ $ __~/,~.,? ~O~/mo} $ S~9S_~/_ &! oa 3. GUARANTEED REPAIR EXPENSE (from delivery to S years or 7,500 hours whichever comes first)--- SHALL NOT EXCEED $ ~ 4. TOTAL COST for t7ne (1) BID (Add Item 2, and Item 3) $ S~`~~/b'%~ __ G.~P~•if /~.c/ / i 5. TRADE-IN ALLOWANCE FOR 1485 FORD 555A BACI~IIQE $ .3Oc'~D. ©o 6. GRAND TOTAL (Item 4 x 2, minus Item S) BID FOR TWO (2} BACKHO&: LOADERS $ //lo x.310 . G?C~ C BIDDER MUST StJBMI I' A COPY OF THE LEASE AGREEMENT WITH THIS BID FORM I certify that the above BACKHOF. LOADERS to be delivered under this bid will meet or exceed all of the minimum specifications and condi 'one set forth by the County of Kerr. DATED THIS `Z ~~ DAY OF ~ BE,C_ , 2005. p, IIiddinQ Firm~prJiPr~1E-.~~E$ (~"~~ (~ MUNICIPAL LEASE ADDENDUM lessee^: Legal Name. Steer Address, Std, and Zip Code dMAiclpaTty Kem Courtly Road 8 Bddge 4010 San Arlfdllla Hwy Kerrvilk,TX 78028 08514 Dealer No. Credit Applicaem No. 'r.essor": Legal Name and Address d Deele~ EQUIPMENT DEPOT LTD 3935 N_ PAN AM EXPRESSWAY SAN ANTONIO, TX 78219 Reza C.arrdy C°mlylpansh Kerr This Addendum is made ~ d the 2~ ,,,_ day d DECEMBER OS to that catain ^ EgttlprnerR Operdkg l..effie Agrearml, a ~ Finaae Lease Agreanertt d aver dale tterewrm made M arre bdween Lessee and Lessor (the "Agreemers'). Notwithstanding ary provision d the Ageanent ro the contrary, the parties hereby amend the Agreemem by eddirg the followdng: NOl4APPROPRIATION It su8icied funds ae not allotted by lessee far the next fiscd pedod to enable it ro continue mddrg the rental paymens set forth herein, Lessee may terminate the Agreattartt tryon the expadkxt d the ttren nirent fora) Yea and prarrpoly rehart the Equipnera as pralided herdn. Lessee ogees to prattle CNH Capital Anwrira LLC, with imrnedlate ratite d Lessee's Intention to so terminde the Agreement. In Me event the Lessee elects ro terminate this Agreement, as provxled attwe Lessee sltatl trd tar a period d rtirety {9D) days mrtarrerrcirtg m the dated 0®rrddrtaNOn d this Agrearod, purchase, Ise v raa ottta Equipment for Me purpose d performing the functkxo a protects that were ro 6e perforated by use d the leased Equipment. Lessee shall do all things within qs pw.e to ab~ra funds to enable d fo mrYirxreto make tlra paymerps refermred. TERMINATION a. ey Munldpallty. Lessee shall have no ngM to termlrtde this lease, except as specNled haeln. b. Btr Lepor. Lesser may tamkva4e tlds lease a arty tirrc wiNr rasped m all a any dens d C-quiprerrt uppr Nra ocanatbe d any d Ura fdbwng eeerts d tldauN: (i) Failure try Lessee to maintain Insurenra as required hereurba; (li) Failure by Lessee ro pay any rental payment a otha payment required Fwm+rder. (ifi) The damage, loss, theft ar destrrctlorr d the Egttfprrtert[ a any pat tir¢reof (N) Faikrne by Lessee th pefam sty prMSim d thLs Agrearred required ro be performed by Lessee; and (v) Lessee suffering any Iles, attachment a levy ro brxane attached ro the Equipmem a arty portion thereof. Upon arrysuch rwatt d defarN, Lessor may Mrediaely rddre the Eglriprner6. Arty such tardttadott d tltis lease by LesSar Yor ddauN try Lessee shall rat termirtde Lessee's obligdiore to pay all the rental payments and dha paymens specNled herein. Upon any tertninatlon d this Agreement by Lessor based on Lessee's defa4f, Lessor may sell the Equiprnad a arty ioar blared, d pudic a pm2de sale The arrant d airy sales pmoeeds and(ar irtwrance praceeds {otter frst deducting the costs d retaking, hoMing, preparing far sale and selling the Equipment pernNted by Nw. Including widtout limitdron, attorneys tees and legal experoes) received by Lessor' in etxess d the principal ttalatce d the imresVnatt M Itte Equipment and kaerest Btaeon, shall he rxedRed agarot the arrlaatt d the rental paymems and dha payments remaining due ands this Ageement as d the date d the sale, theft a tatd destructlon d Me Equlpmed. Such tleficiatcy, N arty together wNh arty irtaest ltraeon d the Nghatt 1aa4tA roe, shall De pall by Lessee Y upm tlerrrdd. To the extert perrNtted by lav, lessee shall pay any attorneys tees antl legal costs irrcured by lessor N Lessor bdngs sad to tolled any such ddieiency. REPRESENTATIONS, WARRANTIES AND COVO4ANTS OF MlM41CIPALITY. LESSEE REPRESENTS WARRANTS AND COVENANTS THAT; a Lessee s a state ar a pattlcd suttdNision d the state provided in the Lessee's address as sd at attwe (ttre "State') wdttn the meaning d Irxanal Ra+,erue Code (the "Code's Section 103, duly created and existing under the taus d the State and possessing all requisite power and authority to enter into Nis b. Lessee will not use, nor permel any oMa pasm to use, the Equipment in arty way the would cause this Agreement ro be a private actively bond within the meatlrg d Cade Sectiat 141. e. Lessee will not do a cause to be done any act which world cause, a by omission d any act pertnd, this lease ro be an abitrage bond wdMin the meaning d the Code Section 748 ar a hedge bond wiWn the rnedting d Cade Barbra 149{g). tl. Lessee will pranpdy report and pay, ro the extent d avdleble funds, any anount required ro be rebated to the United States pursuant to Cade Section 148(f). e Lesseut vriN not do a case b be tlareany act thd vrodd cause. a by its omission pemtiL this Ilse b t>e fetlerelly guaraaeed urxia Cade SecNm 149(b). T. Lessee will campy wdh the Informatlon reparting requirements d Cade Secfbn 149(e), including Iimitdbn d the execution std 81ing d any antl all idarmatim slat. g. Lessee will do a carne to he done any act that would cause, a by its omission pemtit, interest m Min Agreement to be includetl in the gross income d the Lessor or ds assigrraes for faded krcane taz prrposes. h. The uMersigned is duly authorized [o execute Min Agreerent m behalf d the Lessee. Agreed, as d the date frst widen above: By LesseeiLessee's Represedative Bv: Cassels ReprrserNatlve 12-27-2005 Kerr CewnN Road & Bride - Det¢ Prid Name TNIe {N applicable) 21011A Rev. t/05 Previma editors may rrot be used. CNH CAPITAL COPV 12-27-2005 EQUIPMENT DEPOT LTD Date Prid Noma Title {N applicable) Printed In USA V7.1 CN'I I FINANCE LEASE AGREEMENT (Fixed Rate) Dealer No. 06514 Cretin Application Na lessee(s)` Legm Name(s), Street Address, City. Slab. Zip Cade Kerc Cmray Road & Bridge 4010 San Ankxtb Hwy ill TX 76028 K ^ krdNdumSde Rapriebrship s ~ woe d ~~~ Resbertce: 1.essar: {Demefs Legm Name amt Atldress) EQUIPMENT DEPOT LTD 3935 N. PAN AM EXPRESSWAY SAN ANTONIO TX 78219 em e, ceaam Parmersipr e So, State of tXiei Fsuese Dews: , Bexar Caunry Camty/Peash Kefr Q CoryaatioM-LGLP Sadal SeaeilyNo. a T ID No. 740 a So, Stale b Wtach Farmed: TX ID No.. NEW' lxt USED "EQUIPMENT` (~ etd TYPe) MODEL SERIAL NUMBER METER READbaO 'MAIL ANN tLanGE° 'EXCESS USAGE RATE" "LEASE STILE PRICE" N New Hdtand 8acidtoe LB758 59,578.00 N New tidlarW Backftoe L875B 59,518.00 - ra!w tgtapment m taarsed egtapmaa, a ream um[ a a demanstrabr for wNdt Cie manufachaw will supply all w a poram of a new epapmenl warrant', Cis Eggpmenl maY hate been maadackaed in a year prior b aw tear of lease. The ixgprrang date of tlas agreartenl {Ca: •AgreanwtP) is 12-27-2(WS ~~~ per.) arm fhe snn:iatlm dab of are APeanenl is 12-27-2010 ~~ce~ ~b•). There arrest be a seaxily deposit d E WA ('Seuxity DepoeiP) arM a purchase apaon pace d 4 0-~ (•Pwcltese l)pam Ptice•). The shove Equipment is tort for family, househdd w personm use and is being leased for use in fhe Lessee's business being: Q cammwcial/business use ^ agaculWrm use. "TRADE-IN ElUPMENT" AKE TYPE MODEL SERIAL NUMBER FKXNt3 GROSS bALL~ 11NCE SECURED ~T DIME NE'f TRADE-IN A n ~~E Ford Backltoe 555A 3,x.00 NIA 3,000.00 NV WAKFiANTY. The EgUipmeM is leased AS IS except for arty epplltabb manufacturer's express, written warranttyY a arty manUfaCtnrerB express warrenly applies to the EqutpmsM, such warranty Is reatddea to the manufadurafs wriaerb Ilmkad warranty prwlded aaparatey to Lessor. t.essor and manidadurer make tw other repr~entatbn or warranty, express or Implaled, and spadiaBelly exclude ale Implied warcantles of merchantability and Trtness for particular purpose Neitlwr Lessor nor menufacdtrar wltl be liable for Incidental or tbnsaquentlal damages resuning from a breach o1 the express warranty or arty Implied warranty Imposed by law.' ~ erases dog sgow tlrme prdEStldrs and exokub% and Mey shaif+at apply Eo fhe exsent auNt NrNrealons or ercpuAwts are not aNowad 6t' NOTICE TO THE LESSEE: RETURN. a Lessee does net exercise the ptrcFtase opaat (a sty) prwidad in this Agteanett at the Tannrtaaan Date d tlris Agreanea, Lessee strap (a) at its etgtaRe, depva the C-gtapmed Oo a kx:aam designated by Lessor, (b) PaY ~ t kaixred by Lessor to tape any axassiye wear and ter and tv sty boos in excess d the Mamnm Anrs,yal Usage at ate Excess Usage Rate, std serml nxrtaed txtit ~• Pei' an adtrmpsba4MS service chage d $400.00 pa MAaffENAMCE Lessee wip keep ate Equiprera in good catdnictt, in opaatlrg order. and prapedy serviced, and rreirNeirtetl. Lessee wit make axe atat ate maala~xa's warranty remains valid. Lessee oral pay all ate costa d pafmring ateseaWiryb'crts. LIENS. Lessee epees to ketfp ate Equiptrtea free and ckier d aN liars, Date amn any Ifen Caesar rrrey ttaye an the Egtaprrlett Lessee will not assg.1 this AgreaneM err pemat Uttms to use ate Eglapmea. Lf)CATION. The Egytrttrrtt will be opa2ted art d arW, what not in tae, witl be kept say at ate kxxam specifred above Lessee wit, what requested, advise Lessor d ate enact kx~aon d lfxa Egtapinas_ Lessor may arter arty penises ands Lessee's carNai to insped ate Equiprrs:ra ant may ramie C C in Lessafs opinion a 6 tt0irtg abused cr' used beyatd its capacity. LATE Cf WRGES/DEFAttiT RATEIitETURtEp CHECKS. Lessee shall pay a late citage m etch payrmnt mcre atat 10 days past due al the t amount permiaed by epppcabie law. Lessee stt~ pay interest on are txpaitl balatce after Y (M acceleaaon a Wtewise) at aye Ngfsmt Pde Pfd bN aPMicabla law. a a check ~ teturtetl for airy reason, Lassa a Assigrtea may chage Lessee a teemed chexr priocess¢tg fee as esfalxished by Lessor a Assignee ban time lotxrre riot to exceed ate mavem permit[etl ands applicable tae. 2101 0A Rev. 1/05 Retiaus edieore may rim he used. CNH t. DO NOT SIGN THIS BEFORE YOU REAP THE WRITING ON THE ADDRIONAL PAGES, EVEN IF OTHERWISE ADVISED. 2 DO NOT SIGN THIS IF IT CONTAINS ANY BLANK SPACES. 3. YOU ARE ENTITLED TO AN EXACT COPY OF ANY AGREEMENT YOU SIGN. AOWTIONAL PROVISIONS CONCERNSIG RKrHf3 AND DITTIES OF THE PARTIES ON THE AODITIONN• PAGES OF THS AGREEMENT ARE A PART OF THIS AGREEMENT. I agree to ate faragokg. I haw; recaved ant examined the EquiprtterH, wNch is in flood ~tt9 ceder ant ccrdiicn ant La ac described. I aclmvsfedge receipt d a mpY d ass Agreematt I epee to I~ the Egtaprnas described abode on the tams d eras Agreanax. X Lesseea.~ace's RePresenlatl~e Title Cd appliratle) 12-27-20Q5~~~ r ,~ Rruvt 8 eddrr. Gale n;m Name X Lessea4.esaee's Regeserdaes¢ Title (d epgicade) Date Print Name X Lessor's Represenlaeve 12-27-2005 EQUIPMENT DEPOT LTD Date Rim Name pie / d 6 COPY V7.1 Deabr No 06514 Credit Application No. lauee Nturra Kerr County Road 8 Bridge STATEMENT ~ TRANSACTION RENTAL PAYMENTS Advance Payment d $ N/A fdlowed by payments in accordance with the fdlowing schedule 1 Lease Sale Pdce t $ 119,038.00 2. Cash Dam Payment $ N/A Nel Trade-in Allowance $ 3,000.00 Manufacturer's Rebate $ N/A Total Down Payment 2. $ 3,000.00 3. Unpaid Balance of Leese Sele Price (i minus 2) 3. $ 118,036.00 6. Other Charges (a) Taxes (Not in Leese Pdce) $ ~A` (b) Oficial Fees $ 5.00 (c) UCC Fling Service Fee $ 12.50 (d) Adminisiragve Fee $ 300.00 (e) Physical Demege Insurance $ NIA (0 Credit Life lrreurence $ N/A (g) Credit Accidenl8 Health Insurance $ N/A (h) LiabllitY Insurance $ N/A (i) Manuacturer's Extended Warranty Plan $ N/A 0) EMnded Service Prolecgon Plan $ N/A (k) (Other) $ N/A Tofai Other Charges 4. $ 317.50 6. Total Amount Sugect b Lease (Unpaid Balance) (3M) 5. $ 116,353.50 6. Lease Charges (Finance Charge) 6. $ 23,127.33 7. Total Lease Payments (Total of PaymenLS) (5+6) 7 $ 139,480.83 8. Total Lease Pdce (Total Sale Pdce) (1*4i6) 8. $ 142,480.83 g. The Unpaid Balance hereof shall bear Finance Charges computed a[ a per annum NO.OF PAYMENi3 PERIOD OF PAYMENTS AMOUNT OF EACH PAYMENT BEGINWNG MM/DDIYYYY 58 1 Month $ 2,364.09 01/2712006 1 1 Month $ 2,364.19 11/27/2010 $ $ $ $ mte (the "Finance Charge Rate" or ^FCR'~ equal to 7,50 w (mis is a FIXED The "Obligations" shall mean Lessee's responsibility to pay the rental payments RATE contract). hereunder (the "Rental Payments") and perform any dher existlng or fuatre 12-27-2005 obligaticns d Lessee to Lessor, Assigrree as hereinafter defined a Assignee's 10. Date APR begins accruing: ~. D Yr. af61~ hereundef, R under any dher agreemem. aY The total "Secured Debi Due" is E The secured debt on the Tradedn Equipment is owed to: Acct. No. Lender Name Phone No. Lender Address Lender City Stale Zip Paton Good Through: ^ N checked, Lessor represents Ihat the above debt has been paid, Lessee hereby cdlveys to Lessor all right, tltle and interest in the Trade-in Equipment tree and Gear d all encumbrances except as noted above. GUARANTY: __ The undersigned guarantees the prompn oertgor~ g~~ immediately u~dm~and, tpa}r any~~u~mndue uMer Nta IA reemeM pp~~mmark d ail sums when due. The u dens ppoonn gg thered, withart setatf. The Untlersignetl hereby waly~ notice d any modifbatbns, amendments, a extensons d the Agreement, txeach d the Agreement. The payment abik~atfons under this Guaranty are tl1e direct, prhnery, antl continuing obi bns d the heirs, successors and assigns, and not merely a guaranty d till on. Capitalized terms teed in this Gthave the s Agreement. Gttaranta Signature Print Name: X Lessee's tresals Address: City. Stile, Zrp: extensions thereof, irtduding prompt and all modlFicetions and extensions and d Lessee's rgnper(amtance or undersigned and the untlespned's ame meaning given to them In the 21070.4 Rev. 1/05 Predcus editions may trot be used. Page 2 of 6 CNM CAPITAL COPY V7.1 Aw.w..si...~ ~~r ~ 06514 Vi~,A~~ CredK Applirxtion No. Lessee NYlle Ktttr C1ltady Road & Bridge 1. Aaslgnmem. Lessor will assignee, may, at their di es "Assignee"). Lessee a Nis Agreement mayy be r Agreement direcHY to sa successors or assigns; pi 2. NotlBnaBOn d Channgge eruwtite oMce is krahr individual to a corporstion 9. YBeivar of OaRUnaa As a 4. Lsasse'a Covarrarrta ADDITIONAL PROVISIONS this Agreement togetlrer with the Equipment to CNH Ce stet America LLC (hweineftor "CNH also assign Ihis Agreement bgethw with the EWipment gCNH Capital entl any such subsequw iges that Lessor end enY Assignee bete the right to so assgn this Agreement end me Equipment f by any Assignee. Upon rece~Dt d rwfice from an Assignee with insWdions for payment, Les roe. This Agreement shall be 8indin8 on and inure b the benefit of Lessee and Lessor and the however, that Lessee may not assign its odigatiaw under this Agreement b any person wihout U dance, Pdndpal Ohba, or Organkdbnal Farm. g Lessee changes (a) Its state d pdnclpal the slate in whhich fts cprporetion, limited Iiabllily company a limit partnership a wgamzetl, or a will notify Assignee In wdtlng promptly, but in no slant more Than thirty days after any such sham salgnw; ~ Lessee witl riot assert atlarret Assignee enY claim a tlaferue wti asses agrees But its adigatipn b rani( iraNneMS wdl ml be subject b, entl it wR not make a tim iwttlr rasped b the EauomeM and But its odipehan b aw Assimee all amounts wda B shall fi) IcBep the EgipmeM in Bra coo vncdon wdh its ororurY use, viess r Bra Equipment and erg subsfitutiarrs, m :epifel"), CNH Capital, entl any subsequaM t assignee being hereinafter each referted to and that all fights end berrefih Lessor under see shall make all payments due under this it respecfive heirs, Personal represenlakves, aeon's (w Assignee s) prbr wdllen crosent. ~esidence, w (b) the state in which its chief (d) its form d wganilation (such as tmm an R cM1 Lessee may trove egairet Lessor a the claim t br Ursadr d ary As Agrearnera~ s ub and unrwrrdtimal etl MeaUr d any reprassipation. warrmi((yy a n. Lessee shall udanMfy and hold turmless r' ~ eM a>@err )sas a arty kiid ant rebore, ee, Lessor a Assignee) w aperatipn d Bra oust w expense rMebtl b Bus Agreement a rn ad rid remae Bu Egdpneni iron sack )) a~~ancessia~related B peb IBie call be used solely witlun Bu krbrided uses d Bra maadaduer doing Bu term d Ws Agreenrenl; (ix) rwt seg. tease a oBUrwise dspose d Bra Egiripeurd nor permit tla Egrdpnad b becerne an acc¢ssiorr b rdrw goods w a fixaxe; (x) not permit Bra Egripnad b be used in videtim d ary law. regiJalim w pa6cy d inswerrce; and (xi) shictly fdbw tle terms d Rwisim 1 d tliu Agreement. Each individual executing this Agreement represents end wanents that he pr she has the requisite power end authority to enter into this Agreement end execute all related documents, to perform its obligagons and consummate the transacgona contemplated undw this Agreement end related dpcuments ant that Me execution oral ddieery d this Agreement and all related documenu and the coraummafipn d me transactions under Ws Agreement have been duly auUarized by the Lessee. $. bIWi1C0. La89a8 a68tF bap Bla EgLNplller11811d LBSBOra BIId Ito e$algrls Irltaras/ e1 g IrlBwad agaNaft fife. BCg. d®r18ge 8fid fiber hBTbfda rlldar polgas gsBflg Asaryue as toss pales a eft an additlaul sunaed. witll sndr pmisiars, br sudr amounts (but not less Bun the _ ~ gdgarrirrgg abler Bus ABr~ad) ant by sudr Yl9raas as stall tie b Aad{pree Iran lane ant tlme, ad shall furrdsh 8yiderlCe d weir bwraxe b Assrgrree. Srrdr nsur-alte SfrAI pmMde et least 3g days writlar rptice ai elation, lapse a e~iraBm b Assignee. Lessee assigns (aq direct ary irrswer b peY) b Lessee's nrlaesl'n tls proceeds of all sudr raper, a rasa resbre the f~raprrad, reMMeu~s ~ b L~S~ee~L~ mrcesl~lapnpad~yrmnperadMsa~ bataice ai Bie Odigafiars. whetlta a not due, axlla b uderrnsuretl. Assignee is autlxxiatl, in Bu none d Lessee a otherwise, b mob, adprst arwpr settle claims ands ary f aEquiprienL arrihe saaibr the ocdarence d an event ddemulL H Lessee pumhased physlcel damage irrsumnc~e that is financed under this Agreement Lessee hereby requests and authorizes Lesser (providetl Lessor is d licensed b do so) a Lessor s designee; (a) b artange physical damage irwurance fa tla benefit d Lassa and j.~see that corers physical damage b the Equipment b) b reFrlace or otherwise modify such insurance as Lessor deems appropriate and (c) to be Lessee's attorney-in-fact to make claim tor, receive payment of and emcute and endorse aril negofiale all documents, checks a drafts received in eM d loss w damage order tlu )issuance. This Agreement includes end hereby incaporefea by reference any Nsurance and Ehdended Service Plan Addendum signed in conrrection with This Agreement. B Lessee purchased liability insurertce that is financed undw this Agreement, Lessee hereby requests and autrodzes Lessor (provided Lessor is authorized b do so) or Lessors designee to arrange for the liability irhsurance to be issued. 6. Modi6estlons and WaNan. This Agreement sets forth the engre undersundhg between Lesser and Lessee. No modificetion, amendment a extension d Ws Agreement and rw waiter d arty provision d Nis Agreement shall be valid unless in wdtirg and signed by the pansies and a waiver d any default hereunder by Lesser shell not rnrutlbte a waiver of any o er pna err sub uenl default, steeps tlnet Lessee authorizes Lessor to insen in this Agreement the sepal number and/or model number of any EquipmeMrf this information hs unkrhown when this reemenl is executed a b cored any ertors in such numbers w any other patent errors in the deacripUm d the Equipment. 7. Adhodty of Assgnae to Perform for Lessee. I/ Lessee mils b perform any of Lessee's duties set forth in this Agreement (including, specifically but without limitation, be purchase d insurance), Assignee may, at its option, in Lessee's name or otherwse, take any such actlan, including, witout Smitagw, signsrg Lessee's name a paying arty amount so required, and all cosh and expenses incurted by Lessor a Assi in cennettian therewith shall form part d the Obfigations and shall be payable by Lessee upon demand wiM interest from the date d payment by Lessor w Assignee at the Mghes/ rate permitted bylaw. 8. Defauh, Lessee shall be in default undw tlns Agreement if any d the fdlowing occurs (a) Lessee /ash b pay wdrar Areary d the Obli~daar, a b parhrm Ww,v obligation or Leaaee in ptls Agreemad a in any renewal w refinardng W Bus Agreanart b) a Lessee des. rxases b exist bermras 'vrsdvarl wthe storied d rnsdvarcyar ligridetipn proceedings, attempu b asshgn tlas Agreement w atanph b ranrne, seN, kaafer, fiatur errum6er, pat wib poeaeseim der shrbbt arryr ~ . (c) arty waraMy a rr;xeserrmtion made by Lessee b khArce Lessor a Assiyae b exard aedt b Lessre, antler Bas Agnxmerhl a otherwise, is mice in any material respect eAhah made err Lessee tab b paimn arrywtenent user tys Agreernerd; (d) lessee fags b mainmih aoopgIlI~~6ta reghtretl bhshxahce wfaih b canpNwth to requnemeMS d any shrdh irhsrxahce; (e) otlher slants amrs tai causes Lessor a Assignee, b good faitlr, b carsida But paNrra~1 a perromrars d Bc Ogigatiars is irrgaired a Bat the Egd{anent is at (fl tlte4uPrhaht is impourtled acorrfisrsled byaryfederd, aloha bhul 9oteranatal authority. g, Expanses To the adept not prohibited bylaw, Lessee shall reimburse Lessor err Assignee for any expense intoned by Lessor w Assignee in protecting a enforcing their rights order Ibis Agreement including, witwul Ilmiuton, reasonable attortuys' teas end legal exhenses and all expenses of taking possesaon, transpomng, hdding, repaidrg, refurbishing, preparing for disposition entl disposing d Me Cdlateral, and all expanses and casts incurred in cdlecting be Od"gatbrhs, and all such expenses shall corm part d the ObligaUpns. 10. CoMlid wkh law. Arrtyry prowsipn d this Agreement prohi6lted by applicable law shall be ineffective b the extent of the prohibitlon without irrvatidatlng the remaining podions of This Agreement The val'itlity cahsiruction and enbrcement d this Agreement are governed by the laws d the able in which ire Lessor is located. Ali terms not otherwise defined hate gre meanings assigned to Nem by the Uniform Commercial Code. 11. ArWrar4atorr to Epreah and Fla F'Y~g BffaNarwhhfa sad Lien Ooarrrrarrts Lessee hereby aWxxizes Lessor a I.essars deskyue b exewb and fib fi stalernenm, and an~r mosor vetacb title, negishadCn and tlen notlgcatim dpormenmtion. ant airy anenAnentg ds+ab an bda1F and in iha mane d Lessce b eddace Les~sonrgs 12 the 1tu nano lerrrh X Lessee's kutials I.essar may ~mlrule tlhis withod t release a cwnrra maw«: sal cesis a result d Leme's demhilt Lassa will have the dB tote ire right b mks the Eghupmenl hNthod n Bra Egndpranl el to time d repmaessbn aid herrhenL Lessee agrees Bat Lessor maY ads the o pay Lessor, as Iqudamd damaoes. at amazed 21070A Rev. 1/0.5 WeNOUS editions may not be usetl. page y of 6 CNH CAPITAL COPY V7.1 Dealer No. 06514 Crad'It Application Plo. Lirsaea tlettta Kerr Ceur6y Road & fridge 73. 14. :e hom a carrier acceptable b Assignee In such form and subject to such limns as Assignee may reasonably require against claims for damages « mjudes to persons or property caused by lire use, cgndiUOn, haldlrg or operation of the 15. ExcesWa Wrr arM Tarr. Fa purposes of m's Agreonent excessive wear ant teo shM1 meat and include arryd me foAowirg (a.) Cab/Olwat«Plat/orm. k.) Wchadcal. (a.t) 2 F1~vy inloior sot- lJ d aia T b (c.1) Medrmical - Medraracal oomparienls that are m~aa~g Drokor « urrsele w met do riot ope(ala rrormally. The baaoywdl need b be repeced'rf me banay is dead (a. ) (a.3) n ean mrr on o are ca . tears «btarrs an are dash, flq« corers, seals, treadiarers, upMSffiry a f d ~ ' una at lease e i n 4s io r ( ) ~prneni Cam D ~ ~~~~t trot in c2 pd systems « w anfssion canted (a.4) Hex Meta: fl me bore meter « dash ties been Ianoaed with Cye lessor fray are ri})ht b estimaM arcess iraurs pkrs amy darmi pxulties deerrred i>r~r ~n9 order. (c.3) &akes -Brake drams mat are sacked w eceed maxdaut«ers remmmerskd appoprabr. wmr IlmiLS Cake Ikdrgs showirg less men 50% renradng wee, « brakes mat Irk ofl «7Lad (a5) Seal aril «aeat bills broken . (c 4) Paver Train - Weo m pone tram assemdy met easWs manu(achner's (b.) Erdobr- tlren-nerertl sraMartls br rgrmal wear (as srpwn by a1 sample analysis). (b.t) Dents larger man 2'in diameter«erxssive raxnber of derds. {c.5) UMerr'ariage ~~kv Idxiralian aeala, imwwedv tidrMnerl iratlr torsion. d d trAd d ~ ~ (6.2) BpatGrea - Arw ax'ssa scratches b the pdM «arry are irxNtirk~ scratdr mat ettxeds 8'in logtli. da re « r s roes « tasleners . IEss Maii 50% of mg~rrd Nfe rana;ner9 on arty Pats, a any rxWercarnage camparods rml Dotg d me (6.3) Chips -pqy s' le dap the s®d a quamr a larger «mdrryk smafler cirtps wimn 1 squoe boL c 6 ~~ offi' ~. 9r~B «mosaachwo- (~ ) f~a!+Irc Sysfon -qw panes. mdws. Wws a c~laid~s ml in good apoam!9 d b d t f t ( t A ' (b 4) Paim ; Snbdarxlod palm, such as pedag,,buhblarg « mismatched shades ar r m a ra a o mee man acMer s ramd specifieagms. a hydradic nrax rfa'hr~s mentameni Contamaran staidards (as strown q~ ^ oral evrdorce poor mrxafion ar canpadsorr anm aigaral Paint. j ~, t ~~ ~ (b.5) Rusl- Rao Ides n are body rrmFal «arry nrst spots. (c.7) Air FlIMrs - Arty filters not within maradacaeer's spedfications. (b.6) 6 7 Glass Damage -Any class mat must be replaced due m cracks qr missing glass and any windsfieTd damages. F D (c.8) Electrical System - An auger a fluid Indicators that are dameoad a o not function, an altematw that fails to operate ~rooa~y, a battery mat Tails la hold a charge w an woe harnesses mat are not lied tlow d k t d l ( . ) rame amaaoge -All frame tlamage and substandard frame repairs in dditi f Hifl ti d b m f y n an ep secure, ry, c ean and dus4iree (b.8) a on o mo ca ons ma e e reme. Blades, Buckets and Omo Aaachmenls -Any broken a cracked teeth on any . (c.9) Leaks -Any general leaks mat cost in excess of $100 W repair including labor. atachments included with Um Equipment. (c.10) Muffiers/E#raust Pipes buml om_ (b.9) Tires/Tracks-Any liras on reWrnedE ulpment mat are in an unsafe condition, cracks mat hale broken side walls met ere not od lnal casin s ma! haw; less (c.11) Damaged «Inopaable hom. d G t O , g g , than 5b% of «ginal tread remalmn~ or that are trot d the same size, type, grade w manrdacWrer (or equicelo~,-grrelily manufacWro as were originally l o ( .) ories ; tlr«. (d.i) General -Failure loo rele and maintain the Equi merit in accordance with the P manufacturer's sped cafiona a use « coin rrenis fuels or fluids qn qr in inc uded on the Equipment Lessee oral be required b f rme wstma new fire H the above cen Kars ere not met ~y , connection with the Equipment mat do not mea~manufacWrer's starMems. (b.10) Unclean exledor requiring but rid limiting b steam cleaning. (d.2) Omer -Any other damage or repair including bra not limited to unlawful or unsafe opereflng condihpns, or that make the gppment either unlawfW a unsafe to (b.i t) (b.12) &oken or Inoperable G hts. 9 Any Minor damage. operate. All repair esgmates will be based upon applicable Lessor rates or, if Lessor is unable to estimate and repair such excessive wear end tear, then at (b.i3) Bent a Droken steps. Dented or bath wheel dins. rates applicable at another quaet as reasonaby selected by Tessa. i6. Prapaym.ms. Lessee may make a partial prepayment d the unpaitl Obligations al any time, but any paNel prepayment will not change w data Lessee's neq scheduled N e ys the lull unpeitl Ob igations on consWdion equipment for commeroiel/busuxss use Lessee shall a re a a nt fe d $150 t 00 l ~ p ~ sud i fee is ohib l by aPPliceble law. p ed , p y p p yme e o up . , un ess 17. as published in wma/ceases o F« afl corrtracfs, the Fkrarce charge Rap sirdl be celWaled Ax the achml armixs d days elapsed. using a deity ram demmlined by dvidrg the entail rasa by 385. Leasce still make all paymems th lavrka motley d the iMflstl stages dAmerira. 18. I.aua krlarrdad iqr $a«xMyS Tu Charactartratlon Ttas 1 is a lease inmrxled Tor seam'iy llr~ ~Dereof. I.eswr Natl retain a9 rr'gnt, tlae and Int«est in the Equipne«. su6}ect b Lessees rgM b use the Equipnenlsarh km1. To seaae LasseeY ObY traeby grass Lass« a se«m~ry'urierest m me calate~ arrd ogees b erreprle arM dakxx b Lessor arty dowrioas Less« nary request b establish ardl« Lessafs se«nly interest in are CoNataM. Tfds Agreement is rd kderMed !o be amPad as a lease for fax purposes. Neimo Less« rrgr Laxsee makes ary '«r b ma omo carrcerning the propo treahnenl «tlas Ageement i« taz purposes by echo pity. 19. TkIelDapredation. This AApgreemem is a lease onl . Lessee does rd have any dght, tills or interest in Una Equipment, except the right to rrse it dudrg the Tenn hexed and, if so indicated, the option to purdrase it as provided undyo ibls Agreement. 20. Purchase Oplbn. N Lessee has an option W purchase me Equipment as indicated, men so long as no default exists undo this Agreement and it has riot been eadlo terminated, Lessee may, upon al least 9D days', but rid rape man 180 days , pilot wdeen ngtlce to Less«, pumhase all (but not less man all) d the Equipment at Uie Purchase Option Value on Ure Terminatbn Dale. 21. Rant. Lessee's right b use gie Equipmentt ant Lessee's oUilgagwr b ppaeyy rem merehx sfmfl gpnmence on me Baoaasxng Date and still mrdirare Rent shag ba pe)sble in the amawrt sal form in this m paiodic uderv~s and on gre dales irx$wted andia not refurWade. Lessor maY dtaax~ tl~ierMratiarr at wtadr rem is b be paid DvnoDn9 such drags an arty imgicelesa« serr~ b Lessee «bys«rdirg lessee rdice in wrifirg d'srxlr darrpe. 22. Feliure to RHUm EaulpmenL H Lessoe does not exercise its option (g any) to pumheae me Equipment «fails to return it al me termination d this Agreement, due W default or otherwise, then, in addition b any other amounts that maybe due to Lessor r mIS Agreemen or under appliceble law, Lessee will he liable f« a dally amount computed on IFc l,acin ~(fMe..AM..IM.nnf..l .....-......f fs......~....1 ,~ ...~ _ 23. AaentiondRewin. Lessee will tai, wiihom Lessofs pfor written consent affix or install arty accessories a attachments b the Equipnent nor change it so iho it control be used by similarrlly siWated lessees. Any improvements, replacements, additions, accessgdes, or repair parts to the Equipment shall become Lessor's property, free d all liens and ermumbrerrc~, and sheN be deemed pars of me Equipment. The Equipment is, arM shall be posmal poperty, even if n «any pad of it becomes aFixed w attached to real property «aryr improvement b real prgpe 24. Cdtlltiorrs tq Law. Cmdiiaru b I.ease. Less« bas rw gbiigaagn b lease me Equyment b Lessee un91 Lessor reorives (a) a hJty executed Agraanent (D) avidoxx W ~ 1 s ir~i4aeast~in~tlre~~Egrapnorlin • (cacmde~rroe w~ihaT«m arnnCode d ~ sfab~in~wfuM ~ «om«~ 1~ a~q tlj s documents as Less« may ^^__-~•y,op,agt 25. Acceptance of Equipment. Upon exewflon by Lessee of this Agreement, me Equipment shall be deemed b have been delivered W, and irrevocably accepted by, Lessee for lease undo this Agreemerd. 26. Rlak «Las~. All risk d loss, melt « damage to the Cquippthem is assumed by me Lessee, until me Equipmem is returned to me Lessor. If the Equlpmenl can be repotted iw a cost less man Ns fair market value, Lessee will repair me tquipmenl at Lessee s sole expense, but damage b the Equipment shall rim release Lessee from the Obliga9ons. I( the Equipment canml be so repafired, « is lost stolen or destroyed, Lessee will, al its optign, amo replace the Equ~pmenl et Lessee's sole expense vim ovalenl ui merit d equal w greeter glue, es delermined in me rile dis«e9on of the Less« a Assignee, w pay Lessor the Tpmineaon Value. Upon payment m me regms~ite Term'in~afim Value, Lessee shall be entifled to retain possession d the affected unit(s) aF Equipment. The "Termination Valera' sMll 6e an andlm aeqq~~~1 to ~~a) arry, ~f due spa' Read yn~ar and arty late drapes relemtl aloelo, plan (b all ronadng RenIM Paynlems heroxxla, kiss arty Wkrre interest PeYrrrenLS enrtedfad ihanan, plus (cj (i) Hre RaMase~Vpaon~gice. « ri) if no pxeheae opligrr is g«nfad. ~ estimated residual veWe used b cMaiale the Radel PaYmmo~is plus (d) arY Dora aub b Lessor argl« AasrQnee arising ban the r Urefl « damage b the Equiprrenl « fiwn are mflecU«i d the X Lessee's dtials 21010A Rev. 1/05 Previous editions may not 6e used. page 4 of 6 CNH CAPITAL COPY V7.1 Dealer ~. 06514 CradH Appllcatlon No. Lessee Name Kerc County Road & Bridge idenf~bYatRlm H CaWAaI Arnwica CLC ar any assigtee (~f b aatiab witldrawals born fhe acmwR desiyrebd bebw and ntaMeined wib the bank agreed br cNH l etd ate a~xc or b~ by erechmrc na,d o-anarer aom sera aa~,nt sums ae cHH ca~.:ml p,rsnaM b reeag ~a~~«~~asoy c+~ 9 ~+rg aC Fns wadwr rm6ce, be a~iysuch b wdl hemrnee ~ ds ~ wds aM baru7arx The urW~r>adCapld msy cancel Ras ys Ca{anY receives Rte notice. C ntal' cars.~el these eWrcr7mticn ~ mty titne try tvrRfen notice. Customer Name (as it appears on the payment notices) Address Cfty State Ztp Cusbmels Bank Name Bmac Address C:h Slate 7~ P Customer Account Numbar ^ I prefer b use myclrecMirg accanL 1 have anGwed a voW W dreek. Routing # Account # ^ t prefer b use mysaNrgs accaad. l have aaniknlW YrWI my hank 111e nn1f410 numbarerW my wehdrawal aNp k endoxd. RwRng # Account # ^ Be sure b date and sign this form Date ~k Signature Signehae X Lessee's biflals 2tOt0A Rev. 1105 PreNcus editbns may not Da used. Page5of 6 CNH CAPITAL COPY yT ~ Dealer ~ 06514 Credit Applipdon No. Le6%Bg Msnr Kem Caurhry Road & Bridge ASSIGNMENT Lessor (hereinafter "Assigrtar') hereby assigns ro CNH Capital Arrher~ip LLC (hereirrafta "Assignee") all Ass~'iggna's dgM, title and interest In aria to (a) the Ageerrrenk and el d hts, remedies and powers d the Lessor thereurhder including without Ilmitation, the rigfit ro receive all rerhtel purchase option price aril arty other amounts paW, due err to ttecome due from Lessee thtxsrtnder~ (b) the ~qulpmed; end (c1 are sijcrXriy interest Nh the f~latere. Assl~9nor and Assignee intend this Assignnrent to be a true end absdde sale d Assignors right Ede and Interest in Me Agreerhtent, Equipment and the security Inerest in the Cdldeml. Assignor wanants and represents ro Assignee ~ fellows: (a) all statements conferred in the Agreemed, Including, but not limited to, the tratlain and dam paymaht idormadon, are true and coned and Asslanor did not provide eldler the trade-in or [he dowel-pa~nart; (b) ate Agreement is a valid and biMirg obligatbn arising out d a bahafide transaction in he ordinary course d business d Assigns and is of Ify enforca3ble acceding to its terms; (c) the Equipment is as represen[etl ro the Lessee; (d) Assigns made all discbsures required by law, and in the manner required by law prior to Lessee's execution d the g t; (e) Lessee is nd a mms and has the capacity to contrack (f) Assigne has drtairletl s posed to be abtaired, a probaly perfected fkst priorirysecreNy interest in the CoNateral, s has delivered thetide, s posed the title to be ddfvered, )o Assignee s rroted, s caused fo be- rhded, Assignee's lien on the title to the EWipmed, whichevEr ~blies; (o) as d the tlee d the f~greemenk Assigns nos verified the the Lessee has obtained the Insurance raNlred b1' the applicable Agreement an has valid pmdf d such ver"rfiptiah; (h) Assignor has a properly completed and sI'gned tread application from the Lessee • (i)) [he Eqquipment was rhot delivered to the Lasses tahdl credh approval had been obtahed from the Assignee and dIe Agreement has bear properly and ~tlty canplered by Lessee and Assignor;. '1 tale ro and ownership d the Equipment is hereby vested in the Assignee, free d all liens and encumtxarhces, and Assrgrhor has the right ro assign s~tltle and ownership, and arty progeny received m wade fs the Equipment is free d all Ilahs and encumbrances; (k) the Equipment has been paid in full s wa116e id in full with Agreement proreeds; (Q Assigrhs is and at aN times will be) savant and oper&ing In the ordinary course d business; (m) the Agreementpls not subject ro any defense, countemlaim s s except [o the extenWtrewnr(aceabililymay be limiyted by baltlavptcy, receivershgirpeeirnnseonWerlcy s mEoroatslum laws, s by other similar laws d mineral apepgli npgdori. whether the~Agreuenh~ent~ha~N the bey, o~rwtmbe~~In default if Lesstee a~ any dtl~~pe sfor~~akes~a~clercn~agd'e~rdAssQ ~~Ihddi 0.ssl~a~ttartnless ce,addne a breach d an d the foregdng warranties. Assignor shar~llgassume the rig ~' qu pn agr fbehveen~Asspg~tt~ntl A>~an e, g ~~ frpn~d~meto Nme ort[he s pl1~cab~ Pd~handbook~ recwrs~l fCSSgnor in ~paect~d the~A~ rent d the type indicated by the "Endorsemed Code" box checked bekxv, The liability d the Assignor, shall not be adected by any extension, renewal, s other change In the dine d the payment d the A aernenk rior arty change in the manner, Place s terms d the payment thereof, ns the release d, nor settlement a canpromise with arty Perry liable is ~ payment thereof s Me release a rhorh-pedectien d anmy esyecurity a righhtath~ereunder. Assignee shall rhd 6e bound ro exhaust ds recourse agens[ Lessee s arty dher person nor d [his As gnsrcre~rhttandslrxtG~ces of ndoratnpaymenb~~ ear~F ~ ~e Meem9en~ tato Assignee upa~i Ass'Ig~'e pa~yme td me pu~cte and counterclaims. This Assigrxnerrt shall five d fhe A price therefs, whichever first occurs. ENDORSEMENT CODES ^ N ^ R ^ F ^ O OTHER ENDORSEMENT EXPLANATION PROCEEDS W HLS (excludes paydfs) $ DIST. CHK/ACH $ X Lessors Representative 12-27-2005 EQUIPMENT DEPOT LTD Gate Print Name ENDORSEMENT CODES: N - Non~Recourse; R - Repurchase; F -Full Recourse; O.Other LEASE AGREEMENT CHECKLIST Orginal signed customer sedit application(s) Original signed completed lease worksheet (operating leases only) Lessee has s nett and initialed completed lease Agreement Lessee name is exact legal name and physical address beater has ohecked and signed applicable endorsaftent code in assignment section If lessee providing own PDI insurance, proof of Lessee PDI insurance coverage. Proof of suffident liability insurance coverage on optuadrg lease Dealer lease guaranty form completed, signed and included (if applicable) Guaranty form for corporatforhs tbmpleted, signed artd Included (rf applicable) Cross collateralization form completed, signed and included (if applicable) Invdce irrciuded for allied equipment Automatic payment plan enrollment form completed signed and attached with voi_diW customer check s withdrawal slip (rf applicable) THANK YOU FOR YOUR BUSINESS 27010A Rev. 1N5 Previous edisms maynot t>e used. Page 6 d 8 CNH CAPITAL COPV V7.1 C1W ~ Kerr County Road 8 Bridge 4010 San Antonio Hwy Kemibe, TX Kerr 78028 enwo~eeuT ncreu s Quotes EQUIPMENT DEPOT LTD 3935 N. PAN AM EXPRESSWAY SAN ANTONIO, TX 78219 Phone # (210)225-1221, Fax # (210)227-9119 Ptepnred By: Date: December 21, 2005 N7U Manufacturer ptWn Model Seral # Stock # Hours Sabo Prise f N New Holland Badchoe L6756 59,518.00 N New Holland Badchce L6758 59.518.00 119,036.00 Attach: reenc~uc Manufacturer Deaaription Model Oros Allowance; Serial # Amount Owing f Net Trade In f Ford Backhce 555A 3 000.00 3,000.00 3,000.00 O 1 Option 2 Option 3 Option 4 Pr am # Quote Type Leese ConCactiLeaae Type Muniapai Tenn Months) 60 npwcharts 7.50% spit Rate/Chart No PaymMrt Frequency Monthly Effeafiva Dab 12-27-2005 lntxestitaase Chq Stag Dab 12-27-2005 Subsequent Pmt Stag Dab 01-27-2008 Skip Months From Sales Prkre S 119,036.00 SebplDelhrery Chargm f Down Payment: Cash f Rabab f Net Trade In f 3,000.00 Otirer Charges: Taxes f FilinplUCC Serv/Adman Pees f 317.50 PDI Insurance i CV insurances DisafNl" Insurance f Liabitily Insuronee t ESPPf Manufacturers ESPP S Olhar f (describe) Amt Finanoadlieaae Sabs Price f 116,353.50 # Advama Lease Paymanb 0 Ir ubr Adv Lease Pmt f Standard Paymentf 2.364.08 Taxes On Leass Payment f Tobl Wse Payments 2,364.08 Purohasa Option S Saeur Dapositf Annual Hearty U Excess Use fMr Tool Coat To Own S 142,480.83 All information is subject to verification/approval Page 1 of 1 V7~1 CNi G~1 Kerr County Road 8 Bridge 4010 San Antonio Hwy Kemrille, TX Ketr 78028 EQUIPMENT DETAILS Amortization Schedule EQUIPMENT DEPOT LTD 3935 N. PAN AM EXPRESSWAY SAN ANTONIO, TX 78219 Phone # (210)225-1221, Fax # (210)227-9119 Prepared By: Date: December 21, 2005 NIU Manufaefuror iption Modal Serial # Stock # Hours Sales Pries f N New Holland Badthoe L6756 59,518.00 N New Holland Badchoe L8756 59,518.00 eNa„y~. 119,036.00 TRADE-INS Manuhoturar Description Mods) Saris) # Gross Allowance f Amount Owing f Net Trades In f Font Backhoe 555A 3.000.00 3.000.00 Tarme• 3,000.00 Guota Type Lease Payment Frequawy Monthty CgitractlLaase Typs Muniapal APR 7.50% Effective Dale DBC 27, 2005 IntlLs Chg Start Data Dec 27, 200.5 Term 60 Amt FinJLSP f 116,353.50 Maturity Date Nov 27, 2tl10 AMORTIZATION SCHEDULE -OPTION 7 Pmt Data Payment Mtxest Prinapal Balance 1 01-27-2008 2,364.08 727.21 1,636.87 114,716.63 2 02-27-2006 2,364.08 716.98 1,647.10 113,069.53 3 03-27-2006 2,364.08 706.68 1,657.40 111,412.13 4 04-27-2006 2,364.08 696.33 1,687.75 109,744.38 5 05-27-2006 2,364.08 685.90 1,678.18 108,066.20 6 06-27-2006 2,364.08 675.41 1,688.67 106,37253 7 07-27-2006 2,364.08 664.86 1,699.22 104,678.31 8 08-27-2006 2,364.08 654.24 1,709.84 102,968.47 9 09-27-2006 2,364.08 643.55 1,720.53 101,247.94 10 10.27-2006 2,364.08 632.80 1,731.28 99,516.66 11 71-27-2006 2,364.08 621.98 1,742.10 97,774.56 - 7- 200 8Tofals: 28,368.96 8,037.03 20,331.93 13 14 01-27-2007 02-27-2007 2,364.08 2,384.08 600.13 589.11 1,763.95 1,774.97 94,257.82 92,482.65 75 03-27-2007 2,364.08 578.02 1,786.06 90,696.59 16 0427-2007 2,364.08 568.85 1,797.23 88,899.36 17 05-27-2007 2,364.08 555.82 1,808.46 87,090.90 18 06-27-2007 2,364.08 544.32 1,819.76 85,271.14 All information is subject to verification/approval BASED ON SCHEDULED PAYMENTS BEiNO MADE ON DUE DATE -PAYMENTS BASED ON RATE(S) SHOWN Page 1 of 3 V7.1 Kert County Roed & Bridge 4010 San Antonio Hwy Kerrville, TX Kerr 78028 AMORTIZATION SCHEDULE -OPTION 1 Amortization Schedule EQUIPMENT DEPOT LTD 3935 N. PAN AM EXPRESSWAY SAN ANTONIO, TX 78219 Ptwne # (210)225-1221, Fax # (210)227-9119 Prepared By: Die: December 2l, 2005 PmL Date Payment IntereaS Prinei I Balance 19 07-27-2007 2,364.08 532.94 1,831.14 63,440.00 20 08-27-2007 2,364.08 521.50 1,842.58 81,597.42 Z1 09-27-2007 2,364.08 509.98 1,854.10 79,743.32 22 10-27-2007 2,364.08 498.40 1,865.68 77,877.64 23 11-27-2007 2,364.08 486.74 1,877.34 76,000.30 - - 7 1 74 2007 Totals; 28,368.96 6,458.61 21,910.35 25 01-27-2008 2,364.08 463.20 1,900.68 72,210.34 26 02-27-2008 2,364.OS 451.31 1,912.77 70,297.57 27 03-27-2008 2,364.08 439.36 1,924.72 68,372.85 28 04-27-2008 2,364.08 427.33 1,936.75 66,436.10 29 05-27-2008 2,364.08 415.23 1,948.85 64,487.25 30 0&27-2008 2,364.08 403.05 1,961.03 62,526.22 31 07-27-2006 2,364.08 390.79 1,973.29 80,552.93 32 33 08-27-2008 09-27-2008 2,364.08 2,364.08 378.46 366.05 1,985.62 1,998.03 58,567.31 56,589.28 34 10.27-2008 2,364.08 353.56 2,010.52 54,558.76 35 11-27-2008 2,364.08 340.99 2,023.09 52,535.67 - - 6 3 4. 2 7 4 2008 Totals: 28,368.96 4 757.68 23,611.28 37 Ot-27-2009 2,364.08 315.62 2,048.46 48,451.48 38 02-27-2009 2,364.08 302.82 2,061.26 46,390.22 39 03-27-2009 2,364.08 289.94 2,074.14 44,316.08 40 04-27-2009 2,364.08 278.98 2,087.10 42,228.98 41 05-27-2009 2,364.08 263.93 2,100.15 40,128.83 42 06-27-2009 2,364.08 250.81 2,113.27 38,015.56 43 07-27-2009 2,364.08 237.60 2,126.48 35,889.08 44 08-27-2009 2,364.08 224.31 2,139.77 33,749.31 45 09-27-2009 2,384.08 210.93 2,153.15 31,596.16 46 10.27-2009 2,364.08 197.48 Z, 166.60 29,429.58 47 11-27-2009 2,364.08 183.93 2,180.15 27,249.41 4 1- - 9 3 0 170.1 1 7 5 .64 2008 TOtala: 28,368.96 2,924.66 25444.30 49 01-27-2010 2,364.08 156.80 2,207.48 22,848.18 50 02-27-2010 2,364.08 142.80 2,221.28 20,626.68 51 03-27-2010 2,364.08 128.92 2,235.16 18,391.72 52 04-27-2010 2,364.08 114.95 2,249.13 16,142.59 53 OS-27-2010 2,364.08 100.89 2,263.19 13,879.40 54 06-27-2010 2,364.08 88.75 2,277.33 11,602.07 All informa8on is subject to verification/approval BASED ON SCHEDULED PAYMENTS BEING MADE ON DUE DATE -PAYMENTS BASED ON RATE(S) SHOWN Page 2 of 3 y7.1 CNi Capital Kerr County Road & Bridge 4010 San Antonio Hwy Kemille, TX Kerr 78028 AMORTIZATION SCHEDULE -OPTION 1 Amortization Schedule EQUIPMENT DEPOT LTD 3935 N. PAN AM EXPRESSWAY SAN ANTONIO, TX 78219 Ptrone # (210)225-1221, Fax # (210)227-9119 Prepared By: Dale: December 2l, 2005 Pmt Date Paymen! Interest Principal Balance 55 07-27-2010 2,364.08 72.51 2,291.57 9,310.50 56 08-27-2010 2,364.08 58.19 2,305.89 7,004.61 57 09-27-2010 2,364.08 43.78 2,320.30 4,684.31 58 10.27-2010 2,364.08 29.28 2,334.80 2,349.51 4 4 Grand Totals: 139,480.83 23,127.33 716,353,50 All information is subject to vedfication7approval BASED ON SCHEDULED PAYMENTS BEINO MADE ON DUE DATE -PAYMENTS BASED ON RATE(S) SHtlWN Page 3 of 3 y7.1 -- _~~P ~ ~~ ~ ~,~ ~~ pU511N 15727 N. Int TX 78660 pfW9~'Re, Q DPLLpS 25065ea Harbor Road Da1WS,TX 75212 V7oRTH pFDAT Freeway 5108 AIrPoRTX 76117 FaT WoRh, G (Powl.Lift1 ~IAVIN 1A00 S.~X 75060 Irvin9~ }iQ'AN ANTOMO35 8 N.Interria San Antanio,TX78219 ^SHE~AN IPuwrUkl 8405 U.S. Hvry.75 Sherman TX75090 t Glass Mail eW ssel~ }~~~ ~~~`~ ~~ ~s ~ ,`"~ v .~ ~~~~ t t ___ _ o WA~o tORPOMTE OFFICE gUX 2Di87 4100 S. Interstate 35 • F.O. W aco, SX 767O2-Dt&7 ~au~u~ett nl- iepe~c Kerr County Clerk 700 Main St. Suite 122 Tel. (830) 792-2255 Kemille, TX 78028 Fax. (830) 792-2274 January 10, 2006 Mr. Jack Rather Equipment Depot, Inc. 3935 N. Interstate 35 San Antonio, TX 7$219 Dear Mr. Rather: This letter is to let you know that the Commissioner's Court met on Monday, January 9, 2006, to review the bids that were submitted for leasing two backhoe loaders. Your bid was not accepted at that time. We are, therefore, returning your check number 6000250 in the amount of $11,604.00 (bid bond for BID0041-05). Respectfully, JRNNETT PIEPER, Kerr County. Clerk BY. ,Deputy Chery A. Thompso /cat Enclosure EC,~U/PMENT EQUIPMENT DEPOT, INC. \~~ll~~ " ' SAN ANTONIO BRANCH • (210) 225-1221 ~~-•,, 3935 N. INTERSTATE 35 • SAN ANTONIO, TX 78219 s~-1snn2ao 6000250 DATE_Der 22, 2DA5 PAY TO THE ORDER OF Kerr County $ 11,604.00 Eleven Thousand Six Hundred Four & No / 100 xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx DOLLARS BANK ONE, NA Bid Bond For BID0041-OS SALT LAKE CITY, UTAH ~ ~ I l.~ ~S VOI AFTER 90 DAYS MP 11.6000 2 50~n•~, ':.,i i 2400 i 545: 675 5 l 2 29 711•