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RECEIVED <br /> MAR 2 6 2019 <br /> Gravel Property Lease DIVISION OF REC"TION <br /> MINING AND SAFETY <br /> This Gravel Proper, Lease (this"Lease"), dated this 1 k day of <br /> i�.�kti ti.7 , 2019, (he einafter referred to as the "Lease"), by and between Charles <br /> M. and Gail C. Zimmerma , whose address is 19002 CR CC.5 Rocky Ford, CO 81067, <br /> and All Rite Paving& Redi Mix, Inc.. a Colorado Corporation("Company"),whose <br /> address is 839 Mackenzie, anon City, CO 81212. <br /> I <br /> Recitals <br /> In consideration of t e sum of —tid by the Company to Lessor, <br /> the receipt and sufficiency f which is hereby acknowledged by Lessor, and on and <br /> subject to the terms and co ditions provided in this Lease, Lessor hereby leases, lets and <br /> demises to the Company th Materials as defined herein, in, on and under the following <br /> described real property situ to in Crowley County, Colorado with a legal description as <br /> follows: <br /> SW '/4 Secti n 13. Township 22S. Range 58 W of the 6t" PM <br /> the exclusive right to sampl , drill. and test for, develop, mine, quarry, extract,process, <br /> convey. sell,use, and remo ,e them during the Term of this Lease, along with the right to <br /> locate and operate and/or s tblease aggregate. asphalt and concrete plants and with <br /> associated easements as pro ided herein. <br /> 1. Definitions. <br /> a. Lease Y ar shall mean a period of one year beginning on the date the <br /> Term of he Lease commences. as set forth in Subsection e. below, or <br /> on any at nual anniversary thereof. <br /> b. Material shall mean stone, sand and gravel, aggregate and any <br /> overburd n or other material, other than hydrocarbon minerals such as <br /> coal, oil,land gas and associated liquid hydrocarbons. that are removed <br /> incident sand and gravel operations hereunder and which are <br /> saleable nd recoverable from the Property in the course of such <br /> operatio s. <br /> C. Net Sale, Ton shall mean 2000 pounds of Materials from the Property <br /> actually r1cinoved from said Property. <br /> I <br /> d. Plant sha 1 mean a portable and'or fixed facility for processing, storing, <br /> washing, sorting. handling loading and shipping of N.—laterials, along <br /> with anci larv_ facilities. and shall also mean a concrete or asphalt batch <br /> plant. <br /> e. Term. The Tenn of this lease shall be for a period of Ten (10) years <br /> commenc ing on Mam*41 v19. The lea`s1,e�shall renew automatically <br /> Lessor Initials <br /> Lessee Initials <br />