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ti,e "oregc;i,,o. iz the present= of any Hazardous Mlateriat on the Leased <br /> Premises caused or permitted by Lessee results in any contamination of the Leased Premises, Lessee <br /> shalt promptly ta'ke at[ actions at Lessee's sole expense as are necessary to return the Leased Premises <br /> to the co-tciidon existing prior to the ,r,rcci,iction of any such Hazardous Material to the Leased <br /> Premises; provided that Lessor's approval of such actions shall first be obtained. As used herein, the <br /> term "Hazardous Vater,al' means any hazardous or toxic substance, material or waste which is or <br /> becomes regulated oy any local governmental authority, the State of Colorado or the United States <br /> Government. The term "Hazardous tAateriat" includes, without limitation, any material or substance <br /> that is (i) defined or designated as a "hazardous substance", "hazardous 'waste" or a "regulated <br /> substance' under appropriate state or federal taw. <br /> 32. ARCHAEOLOGY -- I' is co-itrary to State taw to excavate, appropriate or disturb any historical, <br /> prehistoric Or archaeotogical site or resource on any lands administered by Lessor. Discovery of a <br /> suspected site o- resource shalt be irnrn diateiy bought to the attention of Lessor and the State <br /> Archaeotogist or Lessee shalt Drovicia %'✓idence that no significant archaeologica[ Sites exist on the <br /> Leased Premises v./hich could be de5tro'ye-d by Lessees Operations. <br /> 33. DEFAULT AND FORFEITURE -- if for any reason Lessee fails to keep each and every one of the <br /> covenants and condit;o-is herein, and if such defaL,lt continues for a period of thirty (30) days after <br /> service of ':vritteo notice thereof by certified Mai, upon Lessee, Lessor shall have the right to declare <br /> this tease forfeited, and to enter onto the Leased Premises either with or without process of law, and <br /> to expel, remove and put out Lessec or any person occupyin the premises, using such force as may be <br /> necessary to do so. <br /> In the event of the termination of the lease by reason of breach of the covenants herein <br /> contained, Lessee shall surrender and peaceabty deliver to Lessor the above-described premises, and <br /> such premises shall be in good mining condition. if, upon termination of this lease for any reason, <br /> .v'hetner by surrender, forfeiture 0" etpiratlon of termor" otherwise, Lessee Shrill not have fully <br /> coaip[ied 'with the terms of the tease, Lessor shall hots and retain possession of the property, <br /> im_rovemerits, a.;d equipment of Lessee as security into Lessor for the payment of rents and royalties <br /> isle Lessor. Jr to protect Lessor a;lainst :lens, o; to i,luemn'fy Lessor against any toss or damage <br /> sustained L',� Lessor oy reason of the def,,,.itt of Lessee, for which purpose Lessor is hereby given alien <br /> Upon all SUCK Progeny, i,np,oVernents, ;anL3 equipmert, ,,/h'lch lien shalt attach as the same are placed <br /> upon the premise:.. Ir: t.,-ie &vent Lessor shut', forecto=e tie lien in this article given, to Lessor by Lessee, <br /> Lessor may itself 4c a purchaser at any sale thereof under" such foreclosure. Upon the termination of <br /> this lease for any ca,jse, if Lessee shalt re;-main it possession of said premises, Lessee shalt be guilty of <br /> an unta'✓Vful detainer under the statutes in sack case made and provided, and shalt be subject to all the <br /> conditions and proJisions thereof avid to eaic`_io,, aridl rep-,}oval, forcibly or otherwise, with or without <br /> process of la-r, as abnvti provided. <br /> 34. TAXES "- Lessee spat' be tiabte for at; taxes lav✓futiy assessed o.i property of Lessee located on the <br /> Leased Premises. <br /> 35. INSURANCE --The lessee shalt maintain a [;ability i'isurance policy with the Board as co-insured in <br /> the amount of not leis than one million dollars (S1,000,010,00), This amount may be adjusted by the <br /> Board to comply ,,JIth the Colorado Governmental Immunity Act, C.R.S. 24-10-114. <br /> 36. MISCELLANEOUS PROVISIONS - <br /> A. Waiver. The waiver of any beach of any provision of this Lease by any party hereto shalt not <br /> constitute a continuing; waver of any subsequent breach of said party, for any breach of the same or <br /> any other provision of the tease. <br /> GL 110681 Revised 9/2015 <br /> 12 <br />