1. The licensor hereby grants to the licensee a license to use and occupy, subject to all the terms and considerations hereinafter stated and to the rules and regulations applicable to the Casa Rio Marina . The portion of the premises to be licensed shall be in the sole discretion of the licensor with the right at any time during the period of said license to redesignate the portion licensed and relocate the vessel.
2. Licensee agrees to keep the boat and its contents covered by an insurance policy in an amount equal to at least the actual value of the boat and its contents. Licensee agrees to provide licensor with a Certificate of Insurance prior to hauling the vessel naming Casa Rio Marina as an additional insured.
3. The premises may be occupied and used by the licensee solely for the storage of the vessel for the agreed upon term. If vessel is not launched by the designated launch date licensee is responsible for all fees incurred if the vessel must be moved and for all additional storage fees.
4. The licensor agrees to remove the vessel from the premises and place it in the water on the prearranged launch date and time.
5. Prior to the licensor’s removal of the vessel from the premises, all monies due and payable under this agreement shall be paid and all monies due and payable under any other agreement for labor and/or materials by the licensor shall be paid. Failure to pay will be considered as “a boat not ready for removal”, and subject to additional fees.
6. The licensor makes no warranties or representations concerning the licensed premises or any means of ingress thereto or egres s therefrom. The licensee assumes all risk of and shall hold the owner harmless of all liability for personal injury, loss of life or property damage resulting from or in any way connected with the condition and use of the licensor’s premises or any means of ingress thereto or egress therefrom suffered or sustained by the licensee or his spouse or children or invitees. The licensee further assumes all risk of and shall hold the owner harmless from all liability from any personal injuries, loss of life or property resulting from any other’s use of the licensor’s property. This agreement is not to be considered bailment of the licensee’s boat and licensee assumes complete responsibility for the vessel while on leased premises.
7. This license is not assignable and is considered to be personal and in effect only to the benefit of the licensee.
8. The licensor has the right to refuse any vessel which in his sole judgement is deemed to present unreasonable hazards.
9. Roller furling sails must be removed prior to haul out. If not, Casa Rio Marina will remove them at the owner’s expense.
10. The licensee agrees to obey all rules and regulations of Casa Rio Marina.
