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M t`-vi 7ti-71 i <br /> r6;e,f.4--A-.7.ilifE D , <br /> i i ? F2019 <br /> Gravel Property I.ease i , <br /> :.�u0rd iOFf.,�Gl.A,tAl'Iaatl <br /> rz' tD WEN <br /> 1 his Gravel Property Lease (this"Lease"). dated this 1 __ day of <br /> 1L!:_vu,l , . 2019. (hereinafter referred to as the "Lease"). by and between Charles <br /> NI. and Gail C. Zimmerman. whose address is 19002 CR CC.5 Rocky Ford, CO 81067. <br /> and All Rite Pas ing& Redi Mix. Inc.. a Colorado Corporation(-Company"). whose <br /> address is 839 Mackenzie. Canon City. CO 81212. <br /> Recitals <br /> In consideration of the sum of `Did by the Company to lessor. <br /> the receipt and sufficiency of t‘hich is hereby acknowledged by Lessor. and on and <br /> subject to the tenlis and conditions provided in this Lease. Lessor hereby leases. lets and <br /> demises to the Company the Materials as defined herein. in.on and under the following <br /> described real property situate in Crowley County. Colorado with a legal description as <br /> follows: <br /> SW ' , Section 13. Tos\nship 22S. Range 58 W of the 6t1i PM <br /> the exclusive right to sample. drill.and test for.develop. mine. quarr}. extract. process. <br /> con\er. sell. use. and remove them during the lerin of this Lease.along N ith the right to <br /> locate and operate and or sublease aggregate. asphalt and concrete plants and with <br /> associated easements as pros ided herein. <br /> 1. Definitions. <br /> a. Lease Year shall mean a period of one year beginning on the date the <br /> I erns of the Lease commences. as set forth in Subsection e. below.or <br /> on any annual anniversary thereof. <br /> b. Materials shall mean stone. sand and gray el. aggregate and any <br /> o erburden or other material. other than hydrocarbon minerals such as <br /> coal.oil. and Las and associated liquid hydrocarbons. that are remt,xed <br /> i cideni to sand and 2ray'eI operations hereunder and which are <br /> s'.ileohie and recosera^le faint the Property in the course o! s :ci' <br /> ,`pet adios, <br /> Net Sales Ton shall r ?i. '_UU ) pounds of Niate7iais sit .1 tit.: i i op <br /> actually removed fit',r, said Pi ol'erty, <br /> .l Plant shall mean a pt"table and or fixed twilit\ for pro essi le s:( in` <br /> washing. sor'lin__. handlina loading and shipping of\laterials. along <br /> w len aneillary facilities. and shall also mean a c i:;.rete cr asr halt hatch <br /> plant. <br /> c i ern? The Term of this lease shall be fol a yeti.•i tf lea l(i) years <br /> corn llencina on ?. rcir :•'_tf'l 9. The lease shall renew automatically <br /> ' i i <br /> Lessor 1111[ials A e '.. Ne. <br /> Lessee Initials Al! ,, <br /> 1 <br />