Now that's interesting, if it is 2675 South Horseshoe Avenue, Suite 401, Naples, Florida. The way I read it the rent should be paid by Trimax Wireless. Consideration To Altvater a. Office Supplies and Equipment. The title and ownership of any office supplies and equipment set forth on Exhibit B hereof, and which is located at 2675 South Horseshoe Avenue, Suite 401, Naples, Florida Full title of any property or asset on Exhibit B and transferred to Altvater under this agreement shall be transferred to and vest in Altvater upon execution hereof and shall be taken free and clear of any liens, debts, obligations or encumbrances on the date of execution of this Agreement, and Altvater shall then be given immediate possession of the foregoing.
An encumbrance (sometimes referred to, particularly in the United States as an incumbrance) is a legal term of art for anything that affects or limits the title of a property, such as mortgages, leases, easements, liens, or restrictions. http://en.wikipedia.org/wiki/Encumbrance