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13. Release. The Settlement provides that this Deed of Trust will secure performance of Caldera's obligations under <br /> the Settlement up to a maximum of$700,000,subject to Caldera's right to substitute such security with other forms of security <br /> (Financial Assurance),as set forth in Paragraph 99 of the Settlement. Accordingly,upon the establishment by Caldera,or its <br /> successors under§ 14 of this Deed of Trust,of an alternative$700,000 in Financial Assurance as set forth in Paragraph 99 of <br /> the Settlement,Beneficiary shall cause Trustee to release this Deed of Trust. In the event that Caldara does not substitute the <br /> security with an alternative$700,000 in Financial Assurance,then,upon performance of all obligations secured by this Deed <br /> of Trust and Beneficiary's issuance of a Notice of Completion of Work in accordance with Paragraph 109 of the Settlement, <br /> Beneficiary shall cause Trustee to release this Deed of Trust. Caldera shall pay all costs of recordation and shall pay the <br /> statutory Trustee's fees. <br /> 14. Transfer of the Property; Assumption. The following events shall be referred to herein as a"Transfer": (i) a <br /> transfer or conveyance of title (or any portion thereof, legal or equitable) of the Property (or any part thereof or interest <br /> therein);(ii)the execution of a contract or agreement creating a right to title(or any portion thereof,legal or equitable)in the <br /> Property(or any part thereof or interest therein);(iii)a sale or transfer of,or the execution of a contract or agreement creating <br /> a right to acquire or receive,more than fifty percent(50%)of the controlling interest or more than fifty percent(50%)of the <br /> beneficial interest in Caldera and(iv)the reorganization,liquidation or dissolution of Caldera.Not to be included as a Transfer <br /> are(y)the creation of a lien or encumbrance subordinate to this Deed of Trust;or(z)a transfer by operation of the law.At <br /> the election of Beneficiary,in the event of each and every Transfer: <br /> 14.1. If a Transfer occurs,Transferee shall be deemed to have assumed all of the Covenants and Agreements of <br /> Caldera set forth in § 3 of this Deed of Trust,whether or not the instrument evidencing such conveyance, contract or grant <br /> expressly so provides.This covenant shall run with the Property and remain in full force and effect until this deed is released <br /> in accordance with§ 13. <br /> 14.2. Subject to§ 14.1 above,the mere fact of a lapse of time or the acceptance of payment subsequent to any of <br /> such events,whether or not Beneficiary had actual or constructive notice of such Transfer, shall not be deemed a waiver of <br /> Beneficiary's right to make such election nor shall Beneficiary be estopped therefrom by virtue thereof. <br /> 15. Additional Provisions. <br /> 15.1. Beneficiary acknowledges that Caldera intends to operate the Property, or to cause the Property to be <br /> operated, as a mine. Accordingly, nothing herein will prohibit Caldera or its lessees or licensees from the extraction of <br /> minerals from the Property, all of which extracted minerals and the proceeds thereof will be free from the lien or security <br /> interest created by this Deed of Trust. Likewise, Caldera acknowledges that nothing herein is intended to limit the United <br /> States' rights and authorities under any law or statute, including, but not limited to the Comprehensive Environmental <br /> Response,Compensation and Liability Act,42 U.S.C. §9601 et.seq. <br /> 15.2. In the event of a foreclosure or exercise of other remedies by Beneficiary under§ 11 of this Deed of Trust <br /> or otherwise, the amount of the sums secured by this Deed of Trust will be deemed to be an amount equal to $700,000, <br /> including other expenses incurred by Beneficiary in accordance with §4(Protection of Security),minus amounts received <br /> by Beneficiary pursuant to§5 (Condemnation). <br /> 15.3. Nothing in this Deed of Trust shall be construed to create personal liability on the part of Caldera. <br /> Beneficiary's recourse under this Deed of Trust is limited to the Property encumbered hereby. <br /> [Signature appears on following page] <br /> 4 <br /> 1400749.4 <br />