NOTE 5 – LEASE AGREEMENTS	3 Months Ended
Mar. 31, 2024
Note 5 Lease Agreements
NOTE 5 – LEASE AGREEMENTS	NOTE 5 – LEASE AGREEMENTS The Company entered into a Performance Master Lease Agreement on December 10, 2023, signed by Beau Kelley, Chief Executive Officer. The Agreement is between Mountain Top Realty Inc., a subsidiary of Mountain Top Properties Inc. and 317 E Penn Avenue Inc. The Lessor leases to the Lessee the premises of 5.8 acre lot and 225,561 square foot building located at 317 E Penn Avenue Robesonia, PA 19565. The Lessee and Lessor will share in all Profits from the Premises on a fifty-fifty (50/50) basis. The Lessee will pay the Lessor a minimum lease payment of $5,000 a month out of rents collected for the terms of this lease. The Lessee agrees to oversee most aspects of the property management. The Agreement is for a initial period of three (3) years from the effective date, unless terminated by either party for cause and may be extended by agreement of both parties. The Monthly lease activity was to be recognized on January 1, 2024. The Monthly lease activity was to be recognized on January 1, 2024. As of March 31, 2014 the Right to Use - Operating Lease Asset was $143,737 , Current Lease Liability was $47,777 and Non-Current Lease Liability was $95,960. Amortization on the Right to Use - Operating Lease Asset of $11,219 and Finance Lease Interest of $3,781 were recorded for this Agreement as of March 31, 2024.

NOTE 5 – LEASE AGREEMENTS

3 Months Ended

Mar. 31, 2024

NOTE 5 – LEASE AGREEMENTS

The Company entered into a Performance Master Lease Agreement on December 10, 2023, signed by Beau Kelley, Chief Executive Officer. The Agreement is between Mountain Top Realty Inc., a subsidiary of Mountain Top Properties Inc. and 317 E Penn Avenue Inc. The Lessor leases to the Lessee the premises of 5.8 acre lot and 225,561 square foot building located at 317 E Penn Avenue Robesonia, PA 19565. The Lessee and Lessor will share in all Profits from the Premises on a fifty-fifty (50/50) basis. The Lessee will pay the Lessor a minimum lease payment of $5,000 a month out of rents collected for the terms of this lease. The Lessee agrees to oversee most aspects of the property management. The Agreement is for a initial period of three (3) years from the effective date, unless terminated by either party for cause and may be extended by agreement of both parties. The Monthly lease activity was to be recognized on January 1, 2024.

The Monthly lease activity was to be recognized on January 1, 2024. As of March 31, 2014 the Right to Use - Operating Lease Asset was $143,737 , Current Lease Liability was $47,777 and Non-Current Lease Liability was $95,960. Amortization on the Right to Use - Operating Lease Asset of $11,219 and Finance Lease Interest of $3,781 were recorded for this Agreement as of March 31, 2024.