2018-12-03_REVISION - M2017027

• Permit No: M2017027
• IBM Index Class Name: Revision
• Doc Date: 12/3/2018
• Doc Name: Incompleteness Notice
• From: DRMS
• To: Jared Graff
• Type & Sequence: SO1
• Email Name: SJM
• Media Type: D
• Archive: No

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MEMORANDUM OF MINING LEASE
STATE: Colorado
COUNTY: Delta
LESSOR or OWNER: MGMGJ Properties, LLC, a Colorado limited liability
company
LESSEE or TENANT: Whitewater Building Materials Corporation, a
Colorado corporation
EFFECTIVE DATE: August 9, 2018
As of the Effective Date stated above, Lessor executed and delivered to Lessee a Mining
Lease ("Lease") in which Lessor granted, leased and let to Lessee the property located in Delta
County, Colorado described as follows:
PART OF THE SWIA SE1/4 OF SECTION 4 AND PART OF THE NW/14 NE1/4 OF
SECTION 9, TOWNSHIP 15 SOUTH, RANGE 95 WEST, SIXTH PRINCIPAL
MERIDIAN DESCRIBED AS FOLLOWS:
BEGINNING AT THE QUARTER SECTION CORNER COMMON TO SAID SECTION
4 AND 9; THENCE ON THE WEST LINE OF THE SAID SW1/4 SE1/4 NORTH 00°06'16"
EAST 784.77 FEET TO THE SOUTHWEST CORNER OF THAT CERTAIN PARCEL OF
LAND SHOWN BY THE LAND SURVEY PLAT RECORDED IN PLAT BOOK 25 AT
PAGE 62 OF THE RECORD OF DEEDS OF DELTA COUNTY, COLORADO AND
CREATED BY THE INSTRUMENT RECORDED IN BOOK 882 AT PAGE 675 OF THE
SAID RECORD OF DEEDS; THENCE ON THE SOUTHWESTERLY LINE OF THE
SAID PARCEL CREATED BY THE DEED RECORDED IN BOOK 882 AT PAGE 675
THE FOLLOWING TWO (2) COURSES: SOUTH 81134134" EAST, 1301.45 FEET; AND
SOUTH 00030'19" WEST, 1903.66 FEET TO THE NORTH RIGHT-OF-WAY LINE OF
COUNTY ROAD HOMESTEAD DEFINED BY AN UNRECORDED ROAD PETITION IN
ROAD PETITION BOOK C AT PAGE 163 IN THE OFFICE OF THE DELTA COUNTY
CLERK AND RECORDER; THENCE ON THE SAID RIGHT-OF-WAY LINE NORTH
89-23137" WEST, 1275.53 FEET TO THE WEST LINE OF THE SAID NWIA NEIA;
THENCE ON THE SAID WEST LINE OF THE NWIA NEIA NORTH 00009101/, EAST,
1295.98 FEET TO THE POINT OF BEGINNING. COUNTY OF DELTA, STATE OF
COLORADO ("Property").
The Lease does grant, demise and lease the Property to the Lessee.
The initial term of this Lease is for a primary term from the Effective Date through August
9, 2028.
The Lease grants to Lessee the following: