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a <br />CLOSED END MOTOR VEHICLE LEASE AGREEMENT <br />INDIANA <br />1. Parties <br />LESSOR (DEALER) NAME ANO ADDRESS <br />Lease Date <br />60051N 11 <br /> <br />LESSEE AND CO-LESSEE NAME AND I VEHICLE GARAGING AD[ <br />LESSEE'S BIWNG ADDRESS THAN LESSEE'S BILLING <br />JORDAN AUTOMOTIVE BLACKTHORN GOLF CLUB N/A <br />609 E JEFFERSON BLVD 6100 NIMTZ PKWY <br />MISHAWAKA IN 46545 SOUTH BEND IN 46628-6111 <br />PHONE NUMBER: 574 259- 1981 COUNTY: COUNTY: <br />This is a Lease for the Vehicle described below. The words "you", "your" and "yours" refer to the Lessee and any Co-Lessee. The words "we", "u: <br />and "our" refer to the Lessor, and after assignment, Toyota Motor Credit Corporation ("TMCC") and any subsequent assignee. By signing this Leas <br />you are leasing this Vehicle according to all of the terms of this Lease. <br />2. Description of leased Vehicle and Trade-In Vehicle <br />You are leasing from us, and received in satisfactory condition, the following Vehicle: <br />New, Used or Demo Year Make Model Body Style Vehicle Identification No. Odometer Mileage <br />NEW 5 1Q~ <br />Primary Use: [~D4'ersonal, Family or Household ^ Business, Agricultural or Commercial <br />Trade•in vehicle net credit used to PaY <br />I have traded in today ttte following vehicle: amounts due at Lease signug or delivery $ N / , <br />Year Make Model <br />3. Amount Due at 4. Monthty Payments 5. Other Charges (not part of your 8. Total of Payments <br />Lease Signing or <br />Delivery 379.54 is <br />Your first Monthlyy Payment of $ Monthly Payment) The amount ou <br />( y <br /> due on OS/ 12/201Q(dkrwed by 35 Disposition fee (if you will have paid by thl <br />(Itemized in Section payments of $ 379.54 due on the do not purchase the end of the Lease) <br />7 below) 12th of each month. The total of your Vehicle) $ WA <br />$ 879.54 Monthly Payments is $ 13663.44. Total $ wA $ 14163.4 <br />Amount Due at Lease Signing or Delivery: <br />a. Capitalized Cost Reduction ~„c,\,~Di\ $ 500.00 <br />54 <br />379 <br />b. First Monthly Payment lug t $ <br />. <br />c. Refundable Security Deposit $ N/A <br />d. Tide Fees $ N/A <br />e. Registration Fees $ N/A <br />f. license Fees $ N / A <br />g. Tax on Capitalized Cost Reduction $ N/A <br />h. Acq Asition Fee <br />~/ $ N / A <br />~: $ N/A <br />k. Total $ 879.54 <br />9a. Gross Capitalized Cost. The a reed upon <br />7 <br />.00) and <br />value of the Vehicle ($ 292 <br />any items you pay over the Lease Term (such <br />as service contracts, insurance, and any <br />outstanding prior credit or lease balance). For <br />an itemization of this amount, see Secton 13. $ 30497.90 <br />b. Capitalized Coat Reduction. The amount of <br />any net trade-in allowance, rebate, noncash <br />credit, or cash you pay that reduces the <br />Gross Capitalized Cost. - $ 500.00 <br />c. Adjusted Capifa8zad Coat The amount used <br />in calculating your Base Monthly Payment. _ $ 29997.90 <br />d. Residual Value. The value of the Vehicle at <br />the end of the Lease used in calculating your <br />Base Monthy Payment. - $ 17340.00 <br />8. How the Amount Due at Lease Signing or Delivery will be Paid: <br />a. Net Trade-In Allowance $ N /A <br />b. Rebates and Noncash Credits $ 500.00 <br />c. Amount to be Paid in Cash $ 379.54 <br />d. Total $ 879.54 <br />e. Depreciation and any Amortized Amounts. <br />The amount charged for the Vehicle's decline in <br />value through normal use and for other items <br />paid over the Lease Tenn. _ $ <br />f. Rent Charge. The amount charged in addiitieon to <br />the Depreciation and any Amortized Amounts. + $ 1005.54 <br />g. Total of Base Monthly Payments. The <br />Depreciation and any Amortized Amounts plus <br />the Rent Charge. _ $ 13663.44 <br />h. Lease Payments. The number of payments in <br />your Lease. - 36 <br />i. Base Monthly Payment = $ 379 - 54 <br />j. Monthly Salea/USe Tax + $ N / A <br />k. N/A + $~ <br />I. Total Monthly Paymerd (°Monthly Payment") _ $ 379. 4 <br />Early TemtMetlorl. You may have to pay a substantlal charge if you end this tease early. The charge may be tip to several thousand do8ars. The <br />actual charge wi8 depend on when the Lease Is terminated. The eartier you end the Lease, the greater this charge. is Iikdy to be. <br />10. Excessive Wear and Use. You may be charged for excessive wear based on our standards for normal use and for mileage in excess c <br />36000 miles over the odometer mileage disclosed above, at the rate of L 0.15 per mile. <br />11. Purchase Option at End of Lease Term. You have an option to purchase the Vehicle at the end of the Lease Term for $ 17340. nn <br />12. Other Important Terms. See your Lease documents for additional information on early termination, purchase options and maintenance respor <br />sibilities, warranties, late and default charges, insurance, and any security interest, if applicable. <br />tilfo8a Caplhllized Coat Ibrpi~fiatt and Other tents <br />13. Itemization of Gross Caphalized Cost . 18. Warranty <br />You will pay for the following items over the Lease Term, as part of If the Vehice is a new or a demo Vehicle, the Vehicle is subject to <br />your Monthty Payment: standard new waranty from the manufacturer. If the Vehicle is usel <br />a. Agreed Upon Value of the Vehicle $ 29275.00 is not covered by a waranty unless identified below: <br />b. Taxes + ~~ ^ Remainder of standard new vehicle waranty from manufacturer <br />c. Initial Title, License and Registration Fees + ~5~0 ^ Used vehicle waranty from manufacturer <br />YOU ARE LEASING THIS VEHICLE "AS IS." WE MAKE NO W/ <br />d. Mechanical Breakdown Protection and/or N / A RANTIES AS TO THE VEHICLE'S CONDITION, MERCHANTAB <br />