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NORTH STAR PIT 112 RECLAMATION PERMIT APPLICATION <br />GRAM, MINUVG I -EASE AGREEMENT <br />Dis LEASE AGREEMENT ( "Ltesse) cfTco11vc as of the 5th day of October. I l (the <br />"Effonive WWI), is between K6nig, Abe tom. , a C.ctlttr` & oatpm., ttoit, whm pnhn4al address is 37231 <br />il'iglimmy 14, $riggsdale, Colorado 80611 (" Lessor") and Supenvir 0ilfireld Services C-onwarty, Ltd., a <br />iC L*1orA, lira to d laabilicy company, whose principal address is PO Box 136-16t . Gretley, G, -v$rr }n <br />806.13 N.,essv") Lei ,r and lxssee maybe referred to individually as a ' Paror" acrd collectively as the <br />" Parties." <br />K>� ITAL S <br />A. U-mor is the o%me.T of a tract of land located in Weld Cc a"y. Co do. mm, <br />panivul.arly &,wribed in -Aftachmen.1 A attached txmz and incorporates) Itzroin by refereacc {the <br />"iyrt�terty"). <br />B. The Prcrgerty omiains underground deposits of sand and gmcl. <br />C Lessoe desires to tease and accept fraGm txssor and Ussor d;esi;res to leave and wart to <br />lxmoe s l on At Pruperty for the purpose and terra bereinafter provi&4. <br />AGWOWENT <br />in c idery tier of d-& fcTcgoing " tiro nuar rstl e:+nrLn=t:% contained in and other valuable <br />;id+er`ati ., the TwcV arid trrffc trite of tarldch are k4rcby;wjqtowlcdgqd, the Panics agree as foticm -s: <br />ARTICLE I <br />DEE'lN €7 ONO <br />,section 3.1 0efirdtions. As used in this Li me, [he fnl.owir�g terris shall have the nuanings <br />faith below: V ' -01A.dttr <br />CommenceireitijMA, shall mem The date that the coaimgencies (ag defined i. l P graph 73 <br />brio w) at a sat God or wai Yed by LcLvx and Lessee. <br />Lt` cctive !}ate shall mean the, date nn , bkb this l L.v i9 executed by both IA=w wid Lc am. <br />I935e Ye at shall ttrr -ri it periud uf' twtrlve rwAinths beginning otr the Coutitrencaneal Hale rat on <br />any anniversary tlwmf daring flit Least! perm; ptrr, �w__ �r, that if the Carr menceinent Date does <br />not occur on Ilse first day of a calendar manth then th�l Year steal] include the remain& of fire <br />mualh in which the Commencement Date ocews and stall easr3 an the armiveisary of the f st day or the <br />next calaidii month. <br />Ma r<I c ;Rust)) crrt;.arr stone., sand and gravrl and any valuable solid mincralr that run removed <br />incidW to rAnd and gravel opentiens hereunder and which our saleable and re verable from the <br />PfOPWY in the course of such oPMtiaeta. <br />Product To shall raeon 2,000 pounds of Materials: from ttte Noperly icr pfoducts that are <br />rffiucavurrad (car wei filed) a99er t i:�Jt slloa�artcr fast lailtrtgs and waste fin as pits ided for in P'arap.ral�,F) <br />9.13 (Wow), sub3ec -t to the terns offlamVarph 6 helaaw. <br />Uasc Term shall have the wearing giwtti ie, Paragraph 3 halo . <br />North Star Pit 112 Reclamation Permit 141 <br />Page <br />