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i <br /> State of Colorado [ <br /> Department of Natural Resources <br /> STATE BOARD OF LAND COMMISSIONERS <br /> 1127 Sherman Street, #300 <br /> Denver, Colorado 80203 <br /> SAND Et GRAVEL LEASE NO. GL 109404 <br /> This Sand and Gravel Lease (the "Lease"), is made in duplicate and entered into this 8th t <br /> day of January; 2015, by and between the State of Colorado, acting through its STATE BOARD <br /> OF LAND COMMISSIONERS, hereinafter referred to as Lessor, and. ROUTT COUNTY P.O. Box <br /> 773598, Steamboat Springs, CO, 80477 hereinafter referred to as "Lessee": <br /> WITNESSETH: Lessor, for and in consideration of the sum of One hundred twenty one <br /> and no/100 Dollars ( 121.00), receipt of which is hereby acknowledged as payment of the filing <br /> fee in the amount of $100.00, first year's rent in the amount of $21.00, and a bonus in the 3 <br /> amount of $ -0-, and in further consideration of Lessee's agreement to pay Three and no/100 <br /> Dollars ($ 3.00) per acre or fraction thereof annually as rental in advance of the anniversary <br /> date of this Lease so long as said Lease shalt remain in effect; and in further consideration of <br /> the terms, conditions and agreements herein and of the payment of royalties reserved herein, <br /> to be kept and performed by Lessee, its successors and assigns, does hereby lease to Lessee the r <br /> right and privilege of exploring and prospecting for, developing, and mining of and taking of <br /> sand and Qravel minerals from the lands herein described, situated in the County of Routt, <br /> State of Colorado, to wit: <br /> ACRES SUBDIVISION SEC-TWP-RGE PATENT <br /> 6.8 Fr Pt. SENW, 12 - 6N - 88W (6" PM) 4577 <br /> (See Map Exhibit) <br /> FUND: School <br /> 1 <br /> containing 6^8 acres, more or less, (the "Leased Premises") together with the right to use as <br /> much of the surface as may be reasonably required, including the right to reasonable ingress <br /> and egress; the right to make excavations, stockpiles, and other improvements as may be <br /> reasonably necessary in the mining and removal of said minerals; subject, however, to all <br /> existing easements and rights-of-way of third parties, and the rights of surface lessees and <br /> surface owners, and further subject to the terms, conditions and agreements set out in this <br /> Lease. The above-mentioned rights may be exercised in connection with mining on other or <br /> adjacent lands only when mining on such lands is carried on in conjunction with the actual <br /> mining on the Leased Premises. The benefits, terms, and obligations of this Lease shall extend <br /> to and be binding upon the heirs, executors, administrators, successors, or assigns of the <br /> respective parties hereto. <br /> RESERVING, however, to Lessor: <br /> A. All rights and privileges of every kind and nature, except as are herein specifically <br /> granted. <br /> B. The right to use or lease the Leased Premises or any part thereof at any time for any <br /> purpose, including the right to explore and prospect said premises, which use and <br /> teasing of said premises shall be for purposes other than and not inconsistent with the <br /> rights and privileges herein specifically granted. PROV20ASTOFORM <br /> ROtlTT Y ATT � <br />