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EXHIBIT 10.10
[FFSI LOGO]
FORD FINANCIAL SERVICES, INC.
LEASE SCHEDULE NO. 001
to
MASTER LEASE AGREEMENT NO.: B01060898SD
(including all supplements and addenda the "Lease")
dated as of
the 13th day of August, 1998
between
FORD FINANCIAL SERVICES, INC. ("LESSOR")
and
INTERACTIVE TELESIS, INC. ("LESSEE")
***************************************************************
TERMS AND CONDITIONS
1. LEASE. All terms used herein shall have the same meaning as set forth
the Lease. The items of Equipment described on Exhibit "A", attached hereto and
incorporated herein by this reference, are hereby Leased on the terms specified
herein and in the Lease which by this reference are incorporated in this
Schedule.
2. TERM AND COMMENCEMENT DATE. The term of this Lease is for SIXTY (60)
MONTHS, is nonterminable and shall commence on the date Lessee signs the
Delivery and Acceptance Certificate relating to the Equipment ("Acceptance
Date").
3. RENT. Lessee shall pay Rent to Lessor for the Equipment as follows:
$909.59 PER MONTH FOR 60 MONTHS.
The payment of "Per Diem Rent" (calculated as one-thirtieth (1/30) of the
monthly Rent amount) hereunder shall begin on the Acceptance Date and shall
continue until the "Rent Commencement Date," which shall be a date chosen by the
Lessor that is within thirty (30) days following the Acceptance Date. The first
and last payment(s) of Rent shall be due and payable on the Rent Commencement
Date. All subsequent Rent payments shall be due and payable on the same day of
each succeeding calendar month thereafter until all obligations of Lessee under
the Lease have been paid in full.
Rental payments shall be paid to:
FORD FINANCIAL SERVICES, INC.
00000 XXXX XXXXX XX., XXX. 000
XXX XXXXX, XXXXXXXXXX 00000
ATTN: LEASE DEPARTMENT
or such other addresses that may be designated by written notice given in the
manner prescribed in the Lease.
4. LOCATION OF EQUIPMENT:
INTERACTIVE TELESIS, INC.
000 XXXXXXXXX XXXX., #000
XXXXXXXXX, XXXXXXXXXX 00000
5. ADVANCE RENTAL. Upon the execution of this Schedule, Lessee shall
pay to Lessor as Advance Rental(s) and Deposit(s) in an amount equal to
$1,819.18. Upon Acceptance by Lessor of this Schedule, the Advance Rental(s)
and Deposit(s) shall become non-refundable. Upon execution of the Delivery and
Acceptance Certificate the Advanced Rental(s) and Deposit(s) shall be applied to
the First and Last month's Rent and any Deposit(s) required and any Per Diem
Rent due under this Schedule. After Acceptance of this Schedule by Lessor, if
Lessee does not consummate this transaction, including, but not limited to,
Lessee's rejection or refusal to Accept any item of Equipment pursuant to this
Schedule, Lessor may retain the Advance Rental(s) and Deposit(s) as liquidated
damages.
6. STIPULATED LOSS VALUE. If this Schedule contains a Stipulated Loss
Value of the Equipment, the Stipulated Loss Value of each item of Equipment as
of each rental payment date in respect thereto shall be that percentage of
Purchase Price of such item of Equipment as set forth in the Stipulated Loss
Value Rider (Exhibit " ") opposite the number of rental payments in respect of
such item of Equipment which would have become due and including such date. The
Purchase Price of the Equipment (including any applicable sales or use taxes and
charges for transportation, assembly and/or installation) is $42,071.80.
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7. COUNTERPARTS. Three (3) counterparts of this Schedule have been
executed by the parties hereto. One counterpart has been designated "Lessor's
Copy." One counterpart has been designated "Lessee's Copy." One counterpart has
been designated "File Copy." Only the counterpart marked "Lessor's Copy" along
with the original or a photocopy of the Lease evidence Lessee's monetary
obligations hereunder and therefore constitutes chattel paper under the Uniform
Commercial Code. Notwithstanding the foregoing, if Lessor's Copy of this Lease
shall become lost, mutilated or destroyed, Lessor may prove this Lease by
photocopies hereof, or by Lessor's Copy.
8. END OF TERM PROVISION. The Lessor, at its option, may grant to
Lessee the option to purchase all of the equipment set forth in said Lease
Schedule upon the termination of the initial Lease Schedule Term, provided,
however, that the Lessee has performed all conditions of said Lease and that an
"Event of Default" has not occurred. Not withstanding the foregoing, the Lessor
shall have the option to require the Lessee to purchase the equipment upon the
full expiration of the Lease Schedule Term for its then Fair Market Value
("FMV"). Lessee hereby agrees that the Fair Market Value shall be based upon an
appraisal provided by an appraiser of the Lessors selection. Should Lessor so
require, Lessee hereby guarantees a minimum payment of $4,207.18 plus
applicable taxes.
LESSOR: FORD FINANCIAL SERVICES, INC. LESSEE: INTERACTIVE TELESIS, INC.
By: /s/ [signature illegible] By: /s/ XXXXXX X. XXXXXXX
------------------------------------- --------------------------------
Xxxxxx X. Xxxxxxx
Title: President DATE 14-Aug, 1998 Title: President DATE 8-15-98
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[FFSI LOGO]
EXHIBIT A
Page 1 of 1
Attached to and forming a part of the following documents: LEASE SCHEDULE
NUMBER 001 under that certain MASTER LEASE AGREEMENT NUMBER: B01060898SD dated
the 13th day of August, 1998 Certificate of Acceptance and UCC-1 Financing
Statement to the referenced Lease Schedule, and any addenda thereto by and
between FORD FINANCIAL SERVICES, INC., as Lessor, and INTERACTIVE TELESIS,
INC., as Lessee.
The Lease Schedule referenced above is incorporated herein by this
reference. All terms used herein which are defined in the Lease shall have the
same meaning herein.
Lessee is hereby instructed to contact the Supplier referenced below for a
description of any rights Lessee may have under the Supply Contract covering
the Equipment.
EQUIPMENT MODEL VEHICLE IDENTIFICATION PURCHASE
SUPPLIER QUANTITY DESCRIPTION NUMBER NUMBER PRICE
CARLSBAD VOLVO 1 1998 VOLVO C70A XX0XX0000XX000000 $39,045.75
EQUIPMENT LOCATION:
000 XXXXXXXXX XXXX., #000
XXXXXXXXX, XX 00000
LESSEE /s/ [ILLEGIBLE] (Initial)
--------------------
LESSOR /s/ [ILLEGIBLE] (Initial)
--------------------
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FOR DEPARTMENT USE ONLY
-----------------------
POWER OF ATTORNEY
KNOW ALL MEN BY THESE PRESENTS:
That the Undersigned, Interactive Telesis, Inc. of the County of San Diego,
State of California, being the Registered and/or Legal owner of the following
described motor vehicle, 1998 MAKE Volvo VIN XX0XX0000XX000000 LICENSE NO.
___________ does hereby make, constitute and appoint Ford Financial Services,
Inc. of the County of San Diego, State of California, true and lawful attorney
in fact to sign in the name, place and stead of the undersigned, any
Certificate of Ownership issued by the Department of Motor Vehicles and Public
Safety of the State, covering the motor vehicle described above, in whatever
manner necessary to transfer any registration of said motor vehicle. Granting
and giving unto said attorney in fact, full authority and power to do and
perform any and all other acts authorized hereby, as fully to all intents and
purposes as the grantor might, or could do if personally present, with full
power of substitution.
IN TESTIMONY WHEREOF, the undersigned has hereunto set __________________ hand
on this 13th day of August, 1998.
Signature /s/ XXXXXX X. XXXXXXX
--------------------------------
Xxxxxx X. Xxxxxxx
Authorized DMV&PS employee or
Notary Public in and for the County of ___________________, State of ___________
Signature
--------------------------------
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SIMPLE INTEREST MOTOR VEHICLE CONTRACT AND SECURITY AGREEMENT LINE UP COMPUTER/PRINTER
SQUARELY WITH BRACKET BELOW
--------------------------------------------------------------------------------
BUYER'S NAME DATE OF CONTRACT Stock No. 9468
INTERACTIVE TELESIS, INC 08/11/98 Source
-------------------------------------------------------------------------------- Salesperson XXXXX XXXXXXX
BUYER'S RESIDENCE OR PLACE OF BUSINESS ZIP CODE AGREEMENT NO. Date 08/11/98
000 XXXXXXXXX XXXX XXXXXXXXX XX 00000 7507 Bus. Phone
-------------------------------------------------------------------------------- Res. Phone 000-0000
CO-BUYER'S NAME AND ADDRESS
--------------------------------------------------------------------------------
In this contract the words "we," "us" and "our refer to the creditor (seller) named below or, upon any assignment, its assignee.
The words "you" and "your" refer to the buyer and co-buyer if any named herein. We sell you the motor vehicle described below on
credit. The credit price is shown below as the "Total Sale Price." The "Cash Price" is also shown below. By signing this contract
you choose to buy the "vehicle" on credit and agree to pay the Total Sale Price, according to the schedules, terms and agreements
shown on the front and back of this contract. If this contract is signed by a buyer and co-buyer, each is individually and together
responsible for all agreements in the contract.
SEE OTHER SIDE FOR ADDITIONAL TERMS AND AGREEMENTS: SOLD AS EQUIPPED, SUBJECT TO LENDER'S CREDIT APPROVAL
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ODOMETER VEHICLE IDENTIFICATION
NEW/USED YEAR MAKE CYL. DIESEL GAS OTHER BODY STYLE MODEL READING NUMBER
NEW 98 VOLVO 5 XX COUPE C70A 120 XX0XX0000XX000000
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COLOR TRIM TIRES TRAINS KEY NO. LIC. NO. R.O.S. NO.
CASSIS AUTO AUTO 4V9864 2212
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DISCLOSURES PURSUANT TO THE TRUTH-IN-LENDING ACT
====================================================================================================================================
ANNUAL PERCENTAGE RATE FINANCE CHARGE AMOUNT FINANCED TOTAL OF PAYMENTS TOTAL SALE PRICE
The cost of your credit The dollar amount the The amount of credit The amount you will have The total cost of your
as a yearly rate. credit will cost you. provided to you or on paid after you have made purchase on credit,
your behalf. all payments as scheduled. including your down payment
of $ N/A
N/A % $ N/A(e) $42,071.80 $42,071.88 $42,071.80(e)
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YOUR PAYMENT SCHEDULE WILL BE:
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Number of Payments: Amount of Payments: When Payments Are Due:
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One Payment of: N/A
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One Payment of: N/A
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Payments 4,2071.80 Monthly, beginning 09/10/98
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One Final Payment N/A
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SECURITY: You are giving a security interest in the goods or property being purchased. (e) means an estimate
LATE CHARGES: ( ) Applies only if checked. If any payment is more than 10 days late you will be charged 5% of the late amount.
( ) Applies only if checked. If any payment is not received by the first banking day which is at least 11 days after the due date,
you will be charged 5% of the delinquent installment or $25.00, whichever is less.
PREPAYMENT: If you pay your contract in full before its maturity, you may be charged a minimum finance charge. See your contract
documents for any additional information about nonpayment, default, any required prepayment in full before the scheduled date and
a minimum finance charge payable upon prepayment.
====================================================================================================================================
NOTICES: The names and addresses of all persons to whom the notices required or permitted by law to be sent are set forth at the top
of this form.
If you are buying a used vehicle with this contract, as indicated in the description of the vehicle above, federal regulation may
require a special buyers guide to be displayed on the window.
THE INFORMATION YOU SEE ON THE WINDOW FORM FOR THIS VEHICLE IS PART OF THIS CONTRACT. INFORMATION ON THE WINDOW FORM OVERRIDES ANY
CONTRARY PROVISIONS IN THE CONTRACT OF SALE.
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STATEMENT OF INSURANCE
NOTICE: No person is required as a condition of financing the purchase of a motor vehicle to purchase, or negotiate, any insurance
through a particular insurance company, agent or broker. You have requested Seller to include in the balance due under this
agreement the following insurance. Insurance is to expire WITH[ ] BEFORE[ ] AFTER[ ] the due date of the final installment.
Buyer requests seller to procure insurance upon the described property against fire, theft, and collision for the term of this
agreement. Any insurance will not be in force until accepted by the insurance carrier.
Premium
$ N/A DED., COMP., FIRE & THEFT _______ MOS. $ N/A
$ N/A DEDUCTIBLE COLLISION _______ MOS. $ N/A
BODILY INJURY $ N/A LIMITS _______ MOS. $ N/A
PROPERTY DAMAGE $ N/A LIMITS _______ MOS. $ N/A
MEDICAL _______ MOS. $ N/A
________________________________________________ _______ MOS. $ N/A
________________________________________________ _______ MOS. $ N/A
TOTAL VEHICLE INSURANCE PREMIUMS $ N/A
The foregoing declarations are hereby acknowledged.
08/11/98 CARLSBAD VOLVO X
--------------------------------------------------------------------------------
DATE SELLER BUYER
================================================================================
CREDIT INSURANCE AUTHORIZATION AND APPLICATION
You voluntarily request the credit insurance checked below, if any, and understand that such insurance is not required. You
acknowledge disclosure of the cost of such insurance and authorize it to be included in the balance payable under the security
agreement. Any returned or refunded credit insurance premiums shall be applied to sums due under this contract. Only the persons
whose names are signed below are insured.
CREDIT LIFE _____________________________________ Mos. Premium $ N/A
JOINT LIFE ______________________________________ Mos. Premium $ N/A
CREDIT DISABILITY _______________________________ Mos. Premium $ N/A
TOTAL CREDIT INSURANCE PREMIUMS $ N/A
[ ] You want Credit Life Insurance [X] You do not want Credit Life Insurance
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ITEMIZATION OF AMOUNT FINANCED
---- A. Cash Price Motor Vehicle and Accessories........... $39045.75(A)
1. Cash Price Vehicle.............................. $39045.75
2. Cash Price Accessories.......................... $ N/A
B. Document Preparation Charge........................ $ N/A(B)(not a governmental fee)
C. Smog Fee Paid to Seller............................ $ N/A(C)
1. [ D. Sales Tax (on A+B+C)............................... $ 3026.05(D)
E. Luxury Tax......................................... $ N/A(E)
F. Service Contract (optional)........................ $ N/A(F)
G. Other.............................................. $ N/A(G)
To whom paid ____________________________________________
---- TOTAL CASH PRICE (A to G)............................................. $42,071.80(1)
---- AMOUNTS PAID TO PUBLIC OFFICIALS
A. License............................................ $ N/A(A)
2. [ B. Registration....................................... $ INCL(B)
C. Smog Impact Fee.................................... $ N/A(C)
---- TOTAL OFFICIAL FEES (A+B+C)........................................... $ N/A(2)
3. AMOUNT PAID TO INSURANCE COMPANIES
(Total premiums per Statement of Insurance a + b)*.................... N/A(3)
4. SMOG CERTIFICATION FEE PAID TO STATE.................................. $ N/A(4)
5. TOTAL (1 TO 4)........................................................ $42,071.80(5)
---- A. Trade-in (Description)
Yr.___ Make _____________ Model _______________ $ N/A(A)
V.I.N. ____________________
Odometer __________________
6. [ B. Less Pay Off....................................... $ N/A(B)
C. TRADE-IN (A less B)................................ $ N/A(C)
D. Deferred downpayment due before
second installment payment......................... $ N/A(D)
----
I/WE, AS THE LESSEE, DO HEREBY RECOGNIZE AND ACCEPT THIS DOCUMENT TO BE A TRUE AND CORRECT COPY OF THE "ORIGINAL INVOICES(S)". THE
EQUIPMENT DESCRIPTION(S), SERIAL NUMBER(S), AND DOLLAR AMOUNT(S) IS/ARE CORRECT AND I/WE DO HEREBY ACCEPT THE TOTAL DOLLAR AMOUNT(S)
OF THE INVOICE(S) AS THE CORRECT AMOUNT TO BE FINANCED UNDER THE LEASE AND ANY APPLICABLE SCHEDULE(S).
SIGN
VERIFIED
LESSEE'S INITIALS: __________________
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[ ] You want Credit Disability Insurance E. MFR'S Rebate.......................$ N/A(E)
(Primary Buyer Only) ---------
[ ] You do not want Credit Disability Insurance F. Remaining cash downpayment.........$ N/A (F)
[ ] You want Joint Credit Life Insurance ---------
TOTAL DOWNPAYMENT (6C+D+E+F)......................$ N/A(6)
You are applying for the credit insurance ---------
marked above. Your signature below means that 7. AMOUNT FINANCED (5 less 6)........................$ 42071.88(7)
you agree that: (1) You are not eligible for ---------
insurance if you have reached your 65th
birthday. (2) You are eligible for disability *We may retain, or receive, a portion of this amount
insurance only if you are working for wages
or profit 30 hours a week or more on the ------------------------------------------------------------------
Effective Date. (3) Only the Primary Buyer is
eligible for disability insurance. VEHICLE USE: [XX] Personal, Family or Household [ ]Commercial or
Agricultural
DISABILITY INSURANCE MAY NOT COVER CONDITIONS OFFICIAL FEES (Not Financed): The Buyer will pay the estimated
FOR WHICH YOU HAVE SEEN A DOCTOR OR fees of $ 14.00 to the appropriate public authority in order to
CHIROPRACTOR IN THE LAST 6 MONTHS (refer to transfer registration after payment in full.
"Total Disabilities Not Covered" in your
policy or certificate for details).
08/11/98 X
---------------------------------------------
DATE PRIMARY BUYER AGE
X
--------------------------------------------- ID-1
DATE CO-BUYER AGE
-------------------------------------------------- ------------------------------------------------------------
BROKER FEE DISCLOSURE SERVICE CONTRACT (Optional) You request a service contract
IF THIS CONTRACT REFLECTS THE RETAIL SALE OF A written with the following company for the term below. The
NEW MOTOR VEHICLE THE SALE IS NOT SUBJECT TO A cost is shown in Item (1F) above.
FEE RECEIVED BY AN AUTOBROKER UNLESS THE
FOLLOWING BOX IS CHECKED: Company N/A Term Months
[ ] NAME OF AUTOBROKER RECEIVING FEE, IF -------------------- -------------------
APPLICABLE: Buyer X X
-------------------- ------------------------------
-------------------------------------------------- ------------------------------------------------------------
-------------------------------------------------- SELLER ASSISTED LOAN: FOR THIS LOAN, BUYER MAY BE REQUIRED
NOTICE OF RESCISSION RIGHTS TO PLEDGE SECURITY AND WILL BE OBLIGATED FOR THE INSTALLMENT
If buyer signs here, the provisions of paragraph PAYMENTS ON BOTH THE SECURITY AGREEMENT AND THE LOAN.
"K" on the reverse side shall be applicable to
this contract. Proceeds of Loan - From
Buyer's ------------------------------------
Signature X Amount $ N/A Finance Charge $ N/A Total $ N/A
--------------------------------------- ------- --------- -----------
Co-Buyer's Payable N/A Installments of $ N/A
Signature X ------------ -----------------------
--------------------------------------- $ N/A from this loan is described in (6D) above.
----------------
If you have a complaint concerning this sale, you should try to resolve it
with the seller.
Complaints concerning unfair or deceptive practices or methods by the
seller may be referred to the city attorney, the district attorney, or the
Department of Motor Vehicles, Division of Investigations and Occupational
Licensing, P.O. Box [ILLEGIBLE COPY], Sacramento, California 94232-[ILLEGIBLE
COPY], or any combination thereof.
After this contract is signed, the seller may not change the financing or
payment terms unless you agree in writing to the change. You do not have to
agree to any change, and it is an unfair or deceptive practice for the seller
to make a unilateral change.
Buyer's Signature X X
--------------------------- -----------------------------
THE MINIMUM PUBLIC LIABILITY INSURANCE LIMITS PROVIDED IN LAW MUST BE MET
BY EVERY PERSON WHO PURCHASES A VEHICLE. IF YOU ARE UNSURE WHETHER OR NOT YOUR
CURRENT INSURANCE POLICY WILL COVER YOUR NEWLY ACQUIRED VEHICLE IN THE EVENT OF
AN ACCIDENT, YOU SHOULD CONTACT YOUR INSURANCE AGENT.
WARNING:
YOUR PRESENT POLICY MAY NOT COVER COLLISION DAMAGE OR MAY NOT PROVIDE FOR
FULL REPLACEMENT COSTS FOR THE VEHICLE BEING PURCHASED. IF YOU DO NOT HAVE
FULL COVERAGE, SUPPLEMENTAL COVERAGE FOR COLLISION DAMAGE MAY BE AVAILABLE TO
YOU THROUGH YOUR INSURANCE AGENT OR THROUGH THE SELLING DEALER. HOWEVER, UNLESS
OTHERWISE SPECIFIED, THE COVERAGE YOU OBTAIN THROUGH THE DEALER PROTECTS ONLY
THE DEALER, USUALLY UP TO THE AMOUNT OF THE UNPAID BALANCE REMAINING AFTER THE
VEHICLE HAS BEEN REPOSSESSED AND SOLD.
FOR ADVICE ON FULL COVERAGE THAT WILL PROTECT YOU IN THE EVENT OF LOSS OR
DAMAGE TO YOUR VEHICLE, YOU SHOULD CONTACT YOUR INSURANCE AGENT.
THE BUYER SHALL SIGN TO ACKNOWLEDGE THAT HE/SHE UNDERSTANDS THESE PUBLIC
LIABILITY TERMS AND CONDITIONS.
S/S X X
--------------------------------------- -----------------------------------
THERE IS NO COOLING OFF PERIOD
California law does not provide for a "cooling off" or Buyer acknowledges
other cancellation period for vehicle sales. Therefore, that (1) before
you cannot later cancel this contract simply because signing this agreement
you change your mind, decide the vehicle costs too Buyer read both sides
much, or wish you had acquired a different vehicle. of this agreement and
After you sign below, you may only cancel this contract received a legible,
with the agreement of the seller or for legal cause, completely filled-in
such as fraud. copy of this
agreement; and (2)
Buyer has received a
copy of every other
document that Buyer
singed during the
contract negotiations.
Buyer's Signature X Co-Buyer's Signature X
------------------- -------------------
Seller CARLSBAD VOLVO Address 0000 XXXXXXX XXXXXXX XXXXXXXX XX
-------------------------------- 9200[ILLEGIBLE NUMBER]
---------------------------------
By X Title MANAGER
------------------ -------------
ORIGINAL
LAW(R) FORM NO. 553 CALIF. [ILLEGIBLE COPY]
I/WE, AS THE LESSEE, DO HEREBY RECOGNIZE AND ACCEPT THIS DOCUMENT TO BE A TRUE
AND CORRECT COPY OF THE "ORIGINAL INVOICE(S)". THE EQUIPMENT DESCRIPTION(S),
SERIAL NUMBER(S), AND DOLLAR AMOUNT(S) IS/ARE CORRECT AND I/WE DO HEREBY ACCEPT
THE TOTAL DOLLAR AMOUNT(S) OF THE INVOICE(S) AS THE CORRECT AMOUNT TO BE
FINANCED UNDER THE LEASE AND ANY APPLICABLE SCHEDULE(S).
LESSEE'S INITIALS: /s/ [INITIALS ILLEGIBLE]
--------------------------
SIGN VERIFIED
7
[DMV LOGO] APPLICATION FOR
A PUBLIC SERVICE AGENCY REGISTRATION OF NEW VEHICLE 6635996
DATE FIRST SOLD AS A NEW VEHICLE (MO/DAY/YR) DATE FIRST OPERATED (MO/DAY/YR) [Illegible]
08/11/98 08/11/98
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MAKE YEAR MODEL BODY TYPE MOTIVE POWER NUMBER OF AXLES UNLADEN WEIGHT
VOLVO 98 C70A COUPE GAS 2
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VEHICLE IDENTIFICATION NUMBER M/C ENGINE NUMBER OR ADDITIONAL IDENTIFICATION NUMBER
YVINK5374WJ002398
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LENGTH IN INCHES WIDTH IN INCHES COUNTY OF RESIDENCE
SAN DIEGO
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SOLD TO: PRINT TRUE FULL NAME AS IT APPEARS EQUIPMENT NUMBER DRIVER LICENSE/ID CARD NO.
ON THE DRIVER LICENSE OR ID CARD
IN THE ORDER SHOWN BELOW
(1) INTERACTIVE TELESIS, INC
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LAST FIRST MIDDLE DRIVER LICENSE/ID CARD NO.
[ ] AND
[ ] OR (2)
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BUSINESS OR RESIDENCE ADDRESS APT. NUMBER CITY STATE ZIP CODE
000 XXXXXXXXX XXXX XXXXXXXXX XX 00000
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MAILING ADDRESS--IF DIFFERENT FROM ABOVE APT. NUMBER CITY STATE ZIP CODE
OR LOCATION (FOR TRAILER COACH/VESSEL)
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LIENHOLDER OR LEGAL OWNER--PRINT TRUE FULL NAME ELECTRONIC LIENHOLDER ID #
FORD FINANCIAL SERVICES INC. 00000 XXXX XXXXX XX. XXX 000 ELT#
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BUSINESS OR RESIDENCE ADDRESS SAAP CITY STATE ZIP CODE
00000 XXXX XXXXX XX. XXX 000 XXX XXXXX XX 00000
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LESSEE ADDRESS--REQUIRED WHEN DIFFERENT APT. NUMBER CITY STATE ZIP CODE
FROM REGISTERED OWNER ABOVE
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IF A PASSENGER VEHICLE, WILL IT BE USED FOR HIRE OR TO PROVIDE
A SERVICE OF TRANSPORTING PASSENGERS IN CONJUNCTION WITH A BUSINESS?
[ ] YES [X] NO
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APPLICANT'S CERTIFICATION: I CERTIFY UNDER PENALTY OF PERJURY UNDER THE LAWS OF THE STATE OF CALIFORNIA THAT THE
FOREGOING INFORMATION IS TRUE AND CORRECT.
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DATE BUYER'S SIGNATURE(S)
08/11/98 (1) X (2) X
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CERTIFICATE OF COST--THE DEALER SIGNING THE CERTIFICATION CERTIFIES UNDER PENALTY OF PERJURY UNDER THE LAWS OF THE
STATE OF CALIFORNIA THAT THE COST OF THE VEHICLE ENTERED IN THE CERTIFICATE OF COST INCLUDES THE COST OF ANY EQUIPMENT
THAT IS PHYSICALLY ATTACHED TO THE VEHICLE, PLUS ANY TRADE-IN ALLOWANCES (EXCLUDE STATE OR LOCAL TAXES, INSURANCE AND
FINANCE CHARGES).
DATE PURCHASED/ACQUIRED COST
A -- COST OF VEHICLE PURCHASED AS A [ ] COMPLETE VEHICLE [ ] CHASSIS ONLY [ ] CAB AND CHASSIS 08/11/98 39045.75
B -- COST OF TRAILER COACH INCLUDING ALL PERMANENTLY ATTACHED ITEMS (WALL TO WALL CARPETING,
FACTORY AIR CONDITIONING, BUILT-IN APPLIANCES, ETC.).
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ODOMETER DISCLOSURE STATEMENT
FEDERAL AND STATE LAW REQUIRES THAT YOU STATE THE MILEAGE UPON TRANSFER OF OWNERSHIP. FAILURE TO COMPLETE OR MAKING A FALSE
STATEMENT MAY RESULT IN FINES AND/OR IMPRISONMENT.
THE ODOMETER READING IS [ ] [ ] [ ], [1] [2] [0] (NO TENTHS) MILES AND TO THE BEST OF MY KNOWLEDGE REFLECTS THE ACTUAL MILEAGE
UNLESS ONE OF THE FOLLOWING STATEMENTS IS CHECKED.
WARNING -- [ ] IS NOT THE ACTUAL MILEAGE. [ ] MILEAGE EXCEEDS THE ODOMETER MECHANICAL LIMITS.
I/WE CERTIFY UNDER PENALTY OF PERJURY UNDER THE LAWS OF THE STATE OF CALIFORNIA THAT THE INFORMATION ENTERED ON THIS FORM IS TRUE
AND CORRECT.
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DATE SIGNATURE OF SELLER OR COMPANY AGENT PRINT SELLER'S TRUE FULL NAME/COMPANY AGENT ADDRESS
08/11/98 CARLSBAD VOLVO 0000 XXXXXXX XXXXXXX
XXXXXXXX XX 00000
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DATE SIGNATURE OF BUYER OR COMPANY AGENT PRINT BUYER'S TRUE FULL NAME/COMPANY AGENT ADDRESS
08/11/98 /S/ [SIGNATURE ILLEGIBLE] 000 XXXXXXXXX XXXX
XXXXXXXXX XX 00000
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REG. (REV. )
--DMV COPY--
[DMV LOGO] NEW VEHICLE DEALER NOTICE TEMPORARY IDENTIFICATION
(MUST BE AFFIXED TO THE VEHICLE BEFORE DELIVERY TO THE PURCHASER) 6635996
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MAKE BODY TYPE VEHICLE IDENTIFICATION NUMBER
VOLVO COUPE XX0XX0000XX000000
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DATE FIRST SOLD AS A NEW VEHICLE (MO/DAY/YR) DEALER'S NUMBER SALESPERSON'S NUMBER
08/11/98 25388 S522077
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SOLD TO: PRINT TRUE FULL NAME(S)
INTERACTIVE TELESIS, INC
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ADDRESS
000 XXXXXXXXX XXXX XXXXXXXXX XX 00000
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NOTE: UPON TRANSFER OR SALE, DEALER [ ] [ ] [ ], [1] [2] [0] IMPORTANT: ENTER BOTH DEALER'S AND SALESPERSON'S NUMBERS.
MUST ENTER ODOMETER READING HERE. THIS IS A NOTICE OF PURCHASE OF VEHICLE. DO NOT USE AS AN
APPLICATION FOR REGISTRATION OR TITLE.
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I/WE, AS THE LESSEE, DO HEREBY RECOGNIZE AND ACCEPT THIS DOCUMENT TO BE A TRUE
AND CORRECT COPY OF THE "ORIGINAL INVOICE(S)". THE EQUIPMENT DESCRIPTION(S),
SERIAL NUMBER(S), AND DOLLAR AMOUNT(S) IS/ARE CORRECT AND I/WE DO HEREBY ACCEPT
THE TOTAL DOLLAR AMOUNT(S) OF THE INVOICE(S) AS THE CORRECT AMOUNT TO BE
FINANCED UNDER THE LEASE AND ANY APPLICABLE SCHEDULE(S).
LESSEE'S INITALS:_________
8
THIS SPACE FOR USE OF FILING OFFICER
FINANCING STATEMENT -- FOLLOW INSTRUCTIONS CAREFULLY
This Financing Statement is presented for filing pursuant
to the Uniform Commercial Code and will remain effective,
with certain exceptions, for 5 years from date of filing.
A. NAME & TEL. # OF CONTACT AT FILER (optional)
B. FILING OFFICE ACCT. # (optional)
C. RETURN COPY TO: (Name and Mailing Address)
FORD FINANCIAL SERVICES, INC.
00000 XXXX XXXXX XX., XXX. 000
XXX XXXXX, XX 00000
D. OPTIONAL DESIGNATION (if applicable):
[ ] LESSOR/LESSEE [ ] CONSIGNOR/CONSIGNEE [ ] NON-UCC FILING
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1. DEBTOR'S EXACT FULL LEGAL NAME - insert only one debtor name (1a or 1b)
1a. ENTITY'S NAME
INTERACTIVE TELESIS, INC.
OR
1b. INDIVIDUAL'S LAST NAME FIRST NAME MIDDLE NAME SUFFIX
1c. MAILING ADDRESS CITY STATE COUNTRY POSTAL CODE
000 XXXXXXXXX XXXX., XXX. 000 XXXXXXXXX XX XXX 00000
1d. S.S. OR TAX I.D. # OPTIONAL 1e. TYPE OF ENTITY 1f. ENTITY'S STATE OR
ADD'NL COUNTRY OF
INFO RE ORGANIZATION
00-0000000 ENTITY DEBTOR CORP. CA
1g. ENTITY'S ORGANIZATIONAL I.D. #, if any
[ ] NONE
--------------------------------------------------------------------------------
2. ADDITIONAL DEBTOR'S EXACT FULL LEGAL NAME - insert only one debtor name
(2a or 2b)
2a. ENTITY'S NAME
OR XXXXXX X.
2b. INDIVIDUAL'S LAST NAME FIRST NAME MIDDLE NAME SUFFIX
XXXXXXX XXXXXX E.
2c. MAILING ADDRESS CITY STATE COUNTRY POSTAL CODE
0000 XXXXXXXX XXXX XXXXX XXXXXXXXX XX XXX 00000
2d. S.S. OR TAX I.D. # OPTIONAL 2e. TYPE OF ENTITY 2f. ENTITY'S STATE OR
ADD'NL COUNTRY OF
INFO RE ORGANIZATION
###-##-#### ENTITY DEBTOR INDIVIDUAL
2g. ENTITY'S ORGANIZATIONAL I.D. #, if any
[ ] NONE
--------------------------------------------------------------------------------
3. SECURED PARTY'S (ORIGINAL S/P or ITS TOTAL ASSIGNEE) EXACT FULL LEGAL NAME -
insert only one secured party name (3a or 3b)
3a. ENTITY'S NAME
OR FORD FINANCIAL SERVICES, INC.
3b. INDIVIDUAL'S LAST NAME FIRST NAME MIDDLE NAME SUFFIX
3c. MAILING ADDRESS CITY STATE COUNTRY POSTAL CODE
12520 HIGH BLUFF DR., STE. 120 SAN DIEGO CA USA 92130
4. This FINANCING STATEMENT covers the following types or items of property:
SEE EXHIBIT "A" ATTACHED HERETO AND MADE A PART HEREOF FOR EQUIPMENT
DESCRIPTIONS AND LOCATIONS. IN ADDITION TO THE EQUIPMENT REFERENCED IN THE
EXHIBIT "A", THIS FILING SHALL ALSO INCLUDE, BUT NOT BE LIMITED TO, ALL
ATTACHMENTS, ADDITIONS, IMPROVEMENTS, CHANGES OR OTHER MODIFICATIONS MADE NOW OR
HEREAFTER TO THE EQUIPMENT.
FFSI LEASE # B01060898SD-001
5. CHECK BOX [ ] This FINANCING STATEMENT is signed by the Secured Party
(if applicable) instead of the Debtor to perfect a security interest
(a) in collateral already subject to a security interest in
another jurisdiction when it was brought into this state, or
when the debtor's location was changed to this state, or
(b) in accordance with other statutory provisions
(additional data may be required)
6. REQUIRED SIGNATURE(S)
/s/ XXXXXX X. XXXXXXX DATED: 8-13-98
----------------------------
XXXXXX X. XXXXXXX, PRESIDENT & INDIVIDUAL
INTERACTIVE TELESIS, INC.
7. If filed in Florida (check one)
[ ] Documentary stamp tax paid [ ] Documentary stamp tax not applicable
8. [ ] This FINANCING STATEMENT is to be filed (for record) (or recorded) in the
REAL ESTATE RECORDS
Attach Addendum (if applicable)
9. Check to REQUEST SEARCH CERTIFICATE(S) on Debtor(s) (ADDITIONAL FEE)
(optional) [ ] All Debtors [ ] Debtor 1 [ ] Debtor 2
(4) DEBTOR COPY -- NATIONAL FINANCING STATEMENT (FORM UCC1)
(TRANS) (REV. 12/18/95)
9
FORD FINANCIAL SERVICES, INC.
BUSINESS EQUIPMENT
INSURANCE BINDER & POLICY REQUEST
APPROVAL NUMBER
B01060898SD SCH 001
--------------------------------------------------------------------------------
LESSEE INFORMATION
Full Legal Name: Street Address:
INTERACTIVE TELESIS, INC. 000 XXXXXXXXX XXXX., #000
--------------------------------------------------------------------------------
City: ENCINITAS County: SAN DIEGO State: CA Zip Code: 92024
--------------------------------------------------------------------------------
Phone: (000) 000-0000 Contact: XXXXXXX XXXXX Title: CONTROLLER
--------------------------------------------------------------------------------
INSURING AGENCY
Name: XXXXX GROUP Street Address: 0 XXXXX XXXXX XXXXXX, XXXXX 0000
--------------------------------------------------------------------------------
City: LONG BEACH State: CA Zip Code: 90831
--------------------------------------------------------------------------------
Phone: (000) 000-0000 Fax: Agent's Name: XXXX XXXXXXXX
--------------------------------------------------------------------------------
---------------------------------------------------------------------------------------------------------
DESCRIPTION OF LEASED EQUIPMENT
---------------------------------------------------------------------------------------------------------
QUANTITY NEW/USED EQUIPMENT DESCRIPTION (make, model, serial number) UNIT PRICE AMOUNT
---------------------------------------------------------------------------------------------------------
---------------------------------------------------------------------------------------------------------
SEE EXHIBIT "A" ATTACHED HERETO AND MADE A PART HEREOF
---------------------------------------------------------------------------------------------------------
---------------------------------------------------------------------------------------------------------
---------------------------------------------------------------------------------------------------------
---------------------------------------------------------------------------------------------------------
--------------------------------------------------------------------------------
Equipment Location, if different than See attached Exhibit "A" for
Lessee's address as stated above: additional equipment.
Street Address: City: Total from attached
--------------------------------------- Exhibit "A" $42,071.80
State: Zip:
--------------------------------------- Insurable Value: $42,071.80
--------------------------------------------------------------------------------
We have entered into a personal property lease agreement, referenced above, with
FORD FINANCIAL SERVICES, INC. for the equipment described above and in the
attached exhibit(s) (if applicable). We are responsible for the insurance. The
insurance must include the following:
1. All risk full replacement value coverage on the equipment in an amount not
less than the Insurable Value.
2. General Liability in amounts of $1,000,000 or ________________, whichever
is greater. Bodily injury and damage in the amount of $50,000 or
_____________, whichever is greater to fixed equipment with moving parts.
3. A provision for not less than 30 days notice of modification or
cancellation to be given to ourselves and FORD FINANCIAL SERVICES, INC. in
writing is to be named as ADDITIONAL INSURED AND FIRST LOSS PAYEE ON LEASED
EQUIPMENT.
We hereby authorize you to place this coverage in force no later than 13 Day of
August, 1998.
Please bind this insurance by return mail to: Ford Financial Services, Inc.,
00000 Xxxx Xxxxx Xxxxx, Xxxxx 000, Xxx Xxxxx, XX 00000
Please replace this binder within 30 days with an insurance policy or
certificate of insurance indicating each of the above requirements.
AGENT'S BINDER AS OF _______________, 19________ LESSEE:
This will bind insurance coverage as of the above INTERACTIVE TELESIS, INC.
date for the lease within the limits and with -----------------------------
the provisions detailed above for the described By: /s/ XXXXXX X. XXXXXXX
equipment. -----------------------------
XXXXXX X. XXXXXXX
Insuring Company: TITLE: President
--------------------------------- -----------------------
Policy Number: Dated: 13 Day of August, 1998
----------------------------------
Agent's Authorized
Insuring Agent: Signer:
---------------------------------- -----------------------
--------------------------------------------------------------------------------
10
[FORD LOGO]
FORD FINANCIAL SERVICES, INC.
PRE-DELIVERY AUTHORIZATION
In order to enable FORD FINANCIAL SERVICES, INC. ("FFSI") ("LESSOR") to make
prompt and expeditious payment(s) to the Supplier(s) of the Equipment covered
under the MASTER LEASE AGREEMENT NO.: B01060898SD ("LEASE") and LEASE SCHEDULE
NUMBER: 001 ("SCHEDULE(S)") between Lessor and INTERACTIVE TELESIS, INC.
("LESSEE"), the Lessee does hereby certify that it is able, willing and does
hereby authorize the Lessor to make the effective date of the Equipment
Acceptance the date upon which this document is signed and delivered to the
Lessor. Lessee understands that despite the fact that all, or part of, the
Equipment which is being leased in association with this Lease Schedule may not
have been received as of this date, this document authorizes the Lessor to start
the Lease, along with any applicable Schedule(s), and gives rise to the Lessee's
duty, commencing immediately, to make the full monthly rental payment(s) for the
full term as referenced in the Schedule(s).
Lessee understands that upon submission of this document to the Lessor, along
with the properly executed documentation pertaining to Lessor's Lease and
Schedule(s), the Lessor shall be authorized to pay, in full or in part, the
Invoice(s) for all of the Equipment, delivered or otherwise, which is covered
under the Lease and Schedule(s) even though some or all of the Equipment may
not have been received by the Lessee as of this date.
Lessee understands that its duty to make the full and complete rental
payment(s) associated with the Lease and Schedule(s) shall arise promptly upon
the Lessors receipt and acceptance of this Authorization, regardless of the
actual date upon which any and/or all of the Equipment shall finally be
delivered.
LESSEE: INTERACTIVE TELESIS, INC.
By: /s/ XXXXXX X. XXXXXXX
----------------------------------
XXXXXX X. XXXXXXX
Title: President
-------------------------------
Date: 13 Day of August, 1998
11
[FORD LOGO]
FORD FINANCIAL SERVICES, INC.
DELIVERY AND ACCEPTANCE CERTIFICATE
TO
MASTER LEASE AGREEMENT & SCHEDULE(S)
TO: FORD FINANCIAL SERVICES, INC.
In accordance with and pursuant to the terms, conditions, and provisions of the
MASTER LEASE AGREEMENT NO.: B01060898SD, the ("Lease and/or Lease Agreement"),
dated as of the 13 day of August, 1998 between FORD FINANCIAL SERVICES, INC.,
("Lessor") and INTERACTIVE TELESIS, INC., ("Lessee"), Lessee hereby certifies
that the Equipment listed on LEASE SCHEDULE NO.: 001, the ("Schedule"), has
been delivered to Lessee at the address shown as the Location of Equipment on
the Schedule and, if required, installed by the supplier. Lessee hereby
UNCONDITIONALLY ACCEPTS the Equipment for all purposes of the Lease and/or
Lease Agreement, and hereby authorizes and directs Lessor to pay, in full, the
Supplier pursuant to such Supplier's invoice(s) or any purchase order(s) or
agreement(s) with Supplier and Lessee affirms that such Acceptance commences
Lessee's "Non-Cancelable Obligation" to pay rents due under the Lease and
perform all of its obligations under the Lease with respect to the Equipment.
LESSEE: INTERACTIVE TELESIS, INC.
By: /s/ XXXXXX X. XXXXXXX
----------------------------------
XXXXXX X. XXXXXXX
Title: President
-------------------------------
Date: 13 Day of August, 1998
NOTE TO LESSEE: This Delivery and Acceptance Certificate is to be signed, dated
and mailed/delivered to FORD FINANCIAL SERVICES, INC. upon satisfactory
delivery of all of the Equipment. Do not sign this document if ALL of the
Equipment is not acceptable for purposes of this Lease; but, rather, notify the
Lessor and the Supplier of unacceptable Equipment and/or terms.
