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removing, shipping, processing, marketing or otherwise disposing of any of the Minerals; to <br /> construct, use, maintain, repair, replace and relocate buildings, roads, tailings ponds,waste <br /> dumps, ditches, pipelines, power and communication lines, and other improvements and <br /> facilities reasonably required by Energy Fuels for the full enjoyment of the Subject properties for <br /> the purposes set forth in this Agreement;to use so much of the Subject Properties and the surface <br /> thereof as may be reasonably necessary, convenient or suitable for the storage and/or permanent <br /> disposal of wastes, residues, tailings or other by-products of development, production or <br /> operations; to use so much of the surface of the Subject properties as may be reasonably <br /> necessary, convenient or suitable for or incidental to any of the rights and privileges of Energy <br /> Fuels hereunder or otherwise reasonably necessary to effect the purpose of this Agreement; to <br /> use easements and all rights of way for ingress and egress to and from the Subject Properties to <br /> which Lessor may be entitled; to use any subsequently discovered or developed underground <br /> water to which Lessor may be entitled;and to exercise all other rights which are incidental to any <br /> or all of the rights specified,mentioned or referred to herein, <br /> 2. Lessor's Warranties. <br /> (a) Lessor hereby warrants and represents to Energy Fuels that the Subject <br /> Properties have been Iocated in accordance with the mining laws of the United States and the <br /> State of Colorado and in accordance with local customs,rules and regulations;that the claims are <br /> free and clear from any liens or encumbrances placed on the Subject Properties by Lcsssor; and <br /> that Lessor has not and will not perform any act that will encumber any of the claims, <br /> (b) Lessor further warrants: (1) that it is the proper and the only entity, <br /> association or corporation capable of and entitled to lease,let and demise the Subject Properties; <br /> (2) that all prior mineral leases have terminated or been releascd; and (3) that no action, suit, <br /> claim,proceeding, arbitration or investigation is pending, or to its knowledge, threatened against <br /> the Subject Properties,at law or in equity. <br /> 3. Title Information and Defects. Promptly following execution of this Agreement, <br /> Lessor shall furnish to Energy Fuels copies of all title information relating to the Subject <br /> Properties that Lessor has in its possession or control, including, but not limited to, abstracts of <br /> title,deeds,location notices, status reports,title opinions and proofs of assessment work. <br /> 2 <br />