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accept this Financial Warranty in lieu of the separate bonds which would otherwise be required by the <br /> Colorado Mined Land Reclamation Board or Division of Reclamation,Mining and Safety and by the Land <br /> Board,hereby agrees that, notwithstanding any other provision hereof, or of law, this Financial Warranty <br /> shall remain in full force and effect until the Board is notified in writing by the Land Board that the <br /> Operator's obligations to the Land Board,for which this Warranty is executed,have been satisfied,and until <br /> the financial warranty has been released by the Board. <br /> If all or any part of the Affected Lands are under the jurisdiction of the BLM,and if, at the request <br /> of the Operator on this Financial Warranty, the BLM has,pursuant to 43 C.F.R., 3809.570, accepted this <br /> Financial Warranty then, notwithstanding any other provision of this Financial Warranty, or of law, the <br /> Operator and Warrantor hereby agree that this Financial Warranty shall not be released until the Board is <br /> advised in writing by the BLM that the Operator's obligations to the BLM, for which this Warranty is <br /> executed,have been satisfied,and until the financial warranty has been released by the Board. The Operator <br /> agrees that this Warranty shall also be redeemable by the Colorado State Director,BLM. <br /> This Financial Warranty may be executed in multiple copies,each of which shall be treated as an original, <br /> but together they constitute only one agreement,the validity and interpretation of which shall be governed <br /> by the laws of the State of Colorado. <br /> The provisions hereof shall bind and inure to the benefit of the parties hereto and their successors and <br /> assigns. <br /> SIGNED, SEALED AND DATED this 4th day of March _2019'•`; <br /> Great A erican Insurad e Company <br /> Wa a or <br /> By: <br /> K ' I E. Flemke, ,tt rney-in-Fact <br /> Mule Creek Gravel, LLC (SEAL) <br /> Operator <br /> By: , wner <br /> NOTARIZATION OF WARRANTOR'S ACKNOWLEDGEMENT <br /> I <br /> STATE OF I D <br /> SS. <br /> COUNTY OF J"//, ) <br /> The foregoing instrument was acknowledged before me this ')6 day of /J a r Cat- <br /> by Karl E. Flemke as Attorney-in-Fact of Great American Insurance Company <br /> DEBRA L SHIPMAN 4J, <br /> NOTARY PUBLIC.STATE OF COLORADO NOTARY PUBLIC <br /> Notary ID#20184043955 <br /> My Commission Expires 11/13/2022 My Commission expires: 7-- <br /> Page 5 of 6 <br />