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c <br /> THE EASTERN COLORADO �O <br /> State of Colorado BANK <br /> Department of Natural Resourcesu � L� <br /> DiviE;on of Reclamation, Mining and Safety <br /> arwmy t c.6 MAR 1 2006 <br /> RELEASED 0 /l, <br /> 161�� Lyle ?iYla(rL LUL !�$iGlir.�l r '�+i Lurl:Ir�1 G Oivaion Minerals and Geology <br /> IRREVOCAI4LE LETTER OF CREDrr <br /> + By: <br /> The EASTERN COLORADO BANK Bank of CHEYENNE WELLS <br /> Street: 10 SOUTH 1ST <br /> City: CHEYENNE WELLS <br /> State: COLORADO Zip Code; 80810 <br /> Area Code: 719 Telephone: 767-5652 <br /> Beneficiary: LETTER OF CREDIT NUMBER 190 <br /> STATE OF COLORADO AmountU:S. $ 159,850.00 <br /> MINED LAND RECLAMATION BOARD Date of Issuance: MARCH 20, 2006 <br /> 215 CENTENNIAL BUILDING Initial Expiration Date: MARCH 20, 2007 <br /> 1313 SfWJ MAN STREET <br /> DBNVLIt,COLORADO 80203 <br /> Applicant: DORMAN BROTHERS, LLC <br /> Street: 19230 COUNTY ROAD 55 <br /> City: BURLINGTON <br /> State: COLORADO Zip Code: 80807 <br /> Area Code: 719 Telephone: 346-7970 <br /> I <br /> Gentlemen: <br /> We hereby issue and establish our irrevocable letter of credit,the amount of which is available by beneficiary's draft or <br /> drafts drawn upon us,which shall be paid at sight,when accompanied by the following document: <br /> A written statement of the Director("the Director")of the Division of Minerals and Geology of the State of Colorado <br /> ("the Division")certifying that he is a duly authorized official acting on behalf of the State of Colorado and that the <br /> amount of the accompanying sight draft is due and payable to the State of Colorado pursuant to ap licable provisions <br /> of Colorado statutes governing mined land reclamation and that DORMAN BROTHERS, LL� <br /> has neglected,failed,or refused to pay such amount although requested to do so by the Director. <br /> -2= <br /> P.O.Box am Io South First • Cheyenne Wells,CO 80810 <br /> phone 719,767.5652 • toll free SM.83I.2645 •far 719.767.5464 _ <br /> P.O.Box 549 • 580 V Avenue • Limon,CO W828 <br /> phone 719.775.0990 •fas 719.775.2355 wwwyourfnendlybank.com <br />