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CMS 62167
<br /> EXHIBIT A—LEASED PREMISE DESCRIPTION
<br /> A portion of the south half of of Section 27,Township 14 South,Range 78 West of the 6`s Principal Meridian,
<br /> county of Chaffee,state of Colorado,more particularly described as follows:
<br /> Basis of bearings:a recovered BLM monument being a 3-1/4"aluminum cap on the northeast comer of
<br /> Section 27,stamped T14S R78W,S22,S23,S26,S27 1994.
<br /> COMMENCING at the southeast corner of said Section 27,monumented by an aluminum post 2.5 inches in
<br /> diameter, without a cap;FROM WHENCE the said northeast comer of Section 27 beats N 01°53'45"E 5,296.21
<br /> feet;
<br /> THENCE N 89005'46"W 2,629.03 feet to the POINT OF BEGINNING;
<br /> THENCE,N 89009'59"W 1,210.92 feet;
<br /> THENCE,N 80003'37"W 258.89 feet;
<br /> THENCE,N 15028'42"W 1,145.25 feet;
<br /> THENCE,N 15024'32"E 83.91 feet;
<br /> THENCE,N 12037'32"E 30.97 feet;
<br /> THENCE,S 89023'49"E 1,743.40 feet;
<br /> THENCE,S 00002*33"W 1,258.78 feetto the POINT OF BEGINNING.
<br /> SAID PARCEL CONTAINING 46.75 ACRES,MORE OR LESS.
<br /> EXCEPTING,from Lessee:
<br /> A. Any right to interrupt any existing use of the Leased Premises other than irrigated hay and pasture
<br /> operations,such interruption being subject to the tens and conditions of the Lease.
<br /> B. Any real property encumbrance or licenses of record existing in the public record.
<br /> C. Any use by right associated with section lines or water rights.
<br /> D. Areas with improvements having historic designation and continuing preservation requirements.
<br /> E. Assumed forty(40)foot rights-of-way for the use and benefit of Sangre de Cristo Electrical Association
<br /> Inc.,consisting of both overhead and under-ground power transmission facilities in the locale of or
<br /> crossing the Leased Premises.
<br /> RESERVING,unto Lessor.
<br /> A. All rights and privileges of every kind and nature,except as are herein specifically granted.
<br /> B. The right to use or lease said premises or any part thereof at any time for any purpose,including the right
<br /> to explore and prospect said premises,which use and leasing of said premises shall be for purposes other
<br /> than and not inconsistent with the rights and privileges herein specifically grantel.
<br /> C. The right at all times during the life of this Lease to go upon said premises and every part thereof for the
<br /> purpose of inspecting said Leased Premises,and the books of accounts and records of mineral worldngs
<br /> therein,and of ascertaining whether or not said Lessee and those holding thereunder by and from it,are
<br /> carrying out the terms,condition,and covenants of this Leas,--
<br /> D. The right at any time to grant a right-of-way upon,over or across all or any part of said Leased Premises
<br /> for any ditch,reservoir,railroad,communication system,electric power lines,or pipeline,schoolhouse or
<br /> other lawful purpose;but,such grants,beyond those in existence at the time of the Effective Date of the
<br /> Lease,shall be subject to the rights of Lessee.
<br /> E. All water rights and the use thereof.
<br /> F. All mineral rights except that which is defined herein as a Construction Material but determined by means
<br /> outside of the Lease to be a mineral right.
<br /> Exhibit A-1
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