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Apr - :�S -00 09 :01A p.O7
<br />cv on or before March 20, 2001, Energy Fuels will pay
<br />to the respective orders of South Wind, K2T, and
<br />South Central the amount of $50,000.00 each.
<br />2. Co vey Pte of Interest i g � ,tX. Corley Mountain
<br />Ranch agrees to convey by Special warranty Deed to South wind, K2T,
<br />and South Central all right, title, and interest to the following
<br />described real property located in Fremont County, Colorado:
<br />An undivided one - fourth (1 /4)'intereat in and
<br />to the following: The SWl /4 of Section 19,
<br />and the NE1 /4 NWl /4 and the W2/2 W1/2 of
<br />Section 30 (also described as Lots 1, 2, 3 and
<br />4), T. 20 S., R. 69 W. of the 6th P.M.,
<br />together with all tenements, hereditaments and
<br />appurtenances thereto and appurtenant `water
<br />rights: subject to current real property
<br />taxes, and all covenants, conditions,
<br />restrictions, essential rights of Way and
<br />other matters of record.
<br />The Coal. Mining Lease dated December 8, 1998, between Corley
<br />Mountain Ranch and Energy Fuels will be replaced by the Coal Mining
<br />Lease of even date with this Agreement more particularly described
<br />in paragraph 3 below.
<br />3. Coal ining Lease, pursuant to the executed Coal Mining
<br />Lease of even date (a copy of which is attached hereto), South
<br />Wind, K2T, and South Central agree to lease to Energy Fuels the
<br />coal and coal deposits contained within the above - described lands
<br />together With the exclusive right and privilege of mining and
<br />removing said coal therefrom.
<br />4. $$2easn by South Wind, zt�T, and South Centres. South
<br />Wind, K2T, and South Central, for themselves and for their
<br />respective predecessors, successors, assigns, agents, employees,
<br />officers, managers, and members do hereby remine, release, and
<br />forever discharge Energy Fuels and Corley Mountain Ranch together
<br />with their respective predecessors, successors, assigns,
<br />subsidiaries, affiliates, insurers, representatives, employees,
<br />servants, agents, attorneys, partners, officers, directors, and
<br />shareholders, of and from any and all claims, obligations,
<br />liabilities, losses, actions, causes of action, covenants,
<br />contracts, controversies, agreements, d&MageS, demands, rights,
<br />costs, promises, expenses, or compensation, fixed or contingent,
<br />asserted or unasserted, at law or in equity, which South Wind, K2T,
<br />or South Central, or their respective predecessors, successors,
<br />assigns, agents, employees, officers, managers, or members asserted
<br />or which could have been asserted in the Pending Action
<br />(hereinafter, collectively, "Plaintiff claims ,,).
<br />:rm
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