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<br /> <br />. <br /> <br />. <br /> <br />D. No chemical spraying will be allowed within the Property. <br /> <br />E. No grazing by domestic stock will be allowed on the Property. <br /> <br />F. No oil and gas leasing or mineral extraction will be permitted by <br />the Conservancy on the Property. <br /> <br />G; No public use of motorized vehicles will be authorized within the <br />boundaries of the Property; except on established roads. <br /> <br />H. A copy of any doctUDents affecting the Property executed by the <br />Conservancy shall be submitted to the Department within one month <br />of execution. <br /> <br />L The Conservancy may continue to exercise, at its sole discretion, <br />all of its rights and duties regarding the Property. <br /> <br />5. Binding Effect. This agreement shall be binding upon the parties <br />hereto and upon any successors in interest to the Property. Any sale <br />or transfer of the Property by the Owner shall be subject to these <br />Articles which shall be att~ched to any document of purchase or <br />transfer and incorporated t~erein by reference. The purchaser or <br />transferee shall succeed to the Owner's rights and duties hereunder. <br /> <br />6; Default; If either party reasonably believes that the other party is <br />in default in any of its obligations under this Agreement; it may <br />give the other party written notice of the alleged default. Within <br />30 days of receipt of notice; the parties shall confer and make a <br />good faith effort to correct the default and to resolve any <br />difference of opinion which may exist as to the respective rights and <br />duties under this AgreemenL In the event that default is not cured; <br />notice of default shall constitute notice for purposes of <br />termination; Default by the Conservancy may result in the removal of <br />the Property from the Colorado Natural Areas System; <br /> <br />7; Termination; If either party desires to terminate this Agreement, it <br />shall so notify the other party and give said other party an <br />opportunity to confer regarding the reasons for termination. No <br />less than 90 days after said initial notice, the notifying party may <br />terminate this Agreement by notice to said other party; <br /> <br />8; Notice; All notices to be given pursuant to this Agreement shall be <br />in writing and shall be sent postage prepaid by registered or <br />certified mail, return receipt requested, to the addresses first <br />listed above or to such other person or address as the party to be <br />notified may have designated prior thereto by written notice to the <br />other party. Any notice so mailed shall be effective upon receipt; <br /> <br />9; Amendments; These Articles may be amended in writing by the parties <br />hereto wi th approval of the CounciL <br /> <br />Page 4 of 5 pages <br />