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AUG 26 '96 19:31 KENNEDY & GRAVEN <br /> r - ; <br /> I <br /> and for the aforementioned <br /> Purposes on all, the terms and condition <br /> 111 hereinafter set forth. s <br /> 2 . Ra- In consideration for t•e �` //" <br /> use of the Ballroom, <br /> r <br /> the User shall pay to the Owner within five (5 <br /> occurrence of the Event those amounts ) days before the <br /> previously set forth. If the <br /> Event requires additional hours beyond Y d that set forth above, User <br /> shall pay to Owner the rates for such additional hours within <br /> days after the Event. If User does not <br /> elect the above option of <br /> doing its own set up and clean up, User shall <br /> additional set u PaY to Owner an <br /> p fee of $40 . 00 and an additional clean <br /> either up fee of <br /> $100 . 00 (no kitchen use) or <br /> $200 . 00 (kitchen use) . In <br /> addition, Owner reserves the right to assi <br /> maintenance �' supervisory staff or <br /> personnel or additional security if Owner <br /> IIInecessa deems it <br /> ry and User shall reimburse Owner for the costs thereof. <br /> 3 . Secur' f• <br /> t e osit . As security for User's obligations <br /> under this Agreement, upon execution of this <br /> Agreement User shall <br /> pay to Owner a security deposit of either $300. 00 (if no kitchen <br /> use) or $400. 00 (if kitchen use) . Owner shall have no obligation <br /> to pay interest on such funds and may deposit such fun <br /> funds of Owner. with other <br /> mer. Said funds shall be held b <br /> User's Y Owner as security for <br /> performance of its obligations <br /> hereunder and, without <br /> limiting the foregoing, to compensate Owner for <br /> amounts or damage to the Ballroom byany unpaid rental <br /> User or any of its guests or <br /> invitees. Said security deposit shall be applied <br /> amounts due P' 2ed first to any <br /> Owner from User hereunder, including unpaid rental <br /> rates and damages to the Ballroom, and an r <br /> i Yremaining amounts shall <br /> be refunded to User; provided, however, if the Event is cancelled <br /> L441094 0 9 <br /> )9[7205-1 <br /> 2 <br />