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4569860 02/26/2020 02:38 PM
<br /> Total Pages: 3 Rec Fee: $23.00 Doc Fee: $83.09
<br /> Carly Koppes - Clerk and Recorder, Weld County, CO
<br /> SPECIAL WARRANTY DEED
<br /> Lazy Two Ranch, LLC, a Colorado limited liability company, Grantor, whose address is
<br /> P,O. Box 546 , Evansville, WY 82636, for the consideration of ten dollars ($10.00) in hand paid,
<br /> and other good and valuable consideration, the receipt and adequacy of which is acknowledged,
<br /> hereby sells and conveys to Connell Resources, Inc., whose legal address is 7785 Highland
<br /> Meadows Parkway, #100, Fort Collins, CO 80528, Grantees, the following real property (the
<br /> "Property") in the county of Weld, State of Colorado, to-wit:
<br /> THE NORTHWEST QUARTER AND THE WEST HALF OF THE
<br /> SOUTHWEST QUARTER OF SECTION 11, TOWNSHIP 10 NORTH, RANGE
<br /> 67 WEST OF THE 61"P.M., COUNTY OF WELD, STATE OF COLORADO
<br /> together with all improvements, if any, and together with all rights, ways, privileges, and
<br /> appurtenances pertaining thereto, including any right, title, and interest of Grantor in and to any
<br /> streets, alleys, or rights-of-way adjoining the Property and all abutting properties and all
<br /> easements and other appurtenances thereto, and all gravel, minerals or mineral rights on, in,
<br /> under or that may be produced from the Property, including, but not limited to, all gravel, sand
<br /> and other substances, coal, geothermal resources, and all other naturally occurring elements,
<br /> compounds and substances, whether similar or dissimilar, organic or inorganic, metallic or non-
<br /> metallic, in whatever form and whether occurring, found, extracted or removed in solid, liquid or
<br /> gaseous state, or in combination, association or solution with other mineral or non-mineral
<br /> substances, except as specifically reserved by Grantor herein,
<br /> TOGETHER WITH all and singular the hereditaments and appurtenances thereto
<br /> belonging, or in anywise appertaining, and the reversion and reversions, remainder and
<br /> remainders, rents, issues, and profits thereof, and all the estate, right, title, interest, claim, and
<br /> demand whatsoever of Grantor, either in law or equity, of, in, and to the above bargained
<br /> Property,
<br /> TO HAVE AND TO HOLD the Property above bargained and described with the
<br /> appurtenances, unto Grantees, and Grantees' successors and assigns forever. Grantor, for Grantor
<br /> and Grantor's successors and assigns, does covenant and agree that Grantor shall and will
<br /> WARRANT AND FOREVER DEFEND the above bargained Property in the quiet and
<br /> peaceable possession of Grantees, and Grantees' successors and assigns, against all and every
<br /> person or persons claiming the whole or any part thereof, by, through, or under Grantor, except
<br /> the following: taxes and assessments for 2020 and all matters set forth on Exhibit A attached
<br /> hereto and incorporated here.
<br /> NOTWITHSTANDING THE FOREGOING, To the extent owned by Grantor, Grantor
<br /> herein expressly excepts and reserves unto itself, its successors and assigns, all right, title and
<br /> interest in and to all oil and gas rights under the Property. Grantor expressly waives all rights to
<br /> use or damage the surface of the Property to access or extract such oil and gas and to exercise the
<br /> rights reserved in this paragraph and, without limiting such waiver, Grantor's activities in
<br /> extracting or otherwise dealing with the oil and gas shall not cause disturbance or subsidence of
<br /> the surface of the Property or any improvements on the Property.
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