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<br />8 '~ ;rn :, LBASE NO.
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<br />TH.IB~.EAS6, 11Lde am e
<br />t~tweeo THE DENVER AND
<br />oterad~lotothL 13th ~ day. of
<br />R10 GRANDE W
<br />T
<br />R
<br />Februar~'yy
<br />1978 •
<br /> ES
<br />E
<br />N RAILROAD COMPANY, a Delawafe corporation, he relsatter
<br /> Woad "Lessor,•• am J. H. LIONELLE, an individual doing business as U. S.
<br />w r SOIL CONDITIONING COMPANY, Mailing Address: Drawer 926, Salida Colorado
<br /> hereinafter called "Lessee," WLTNESSETH, That: , 81201
<br />9ectlon 1. Leuor, In constderatlon d Ne resq to be paid ~pd the qmmems to Its performed Dy Lessee,
<br />hereby lessee to Levee pttmisea situate In the County of l~remoni
<br />am etas d Colorado to-wu:
<br />(a). Dsacri~rlea-
<br />An irregular tract of land of the Lessor
<br />lying 8.5 feet northerly of the centerline
<br />~ of I,C.C. Track No. 131 opposite Mile Post
<br />208 plus 4526 feet at Wellsville, Fremont
<br />•~, d County, Colorado, as shown in red on the
<br />attached map, Dwg. No. W-219, containing
<br />~ about 29,340 square feet.
<br />'v
<br />(b). Taal-TO have am to Dols Wd abo•e described property from- March 15, 1978
<br />until ouch time u NI^'ssresmenl shall be terminated u herefttatter provided.
<br />' ~ ~ Secefon z. Raenl-Levee agrees to pay to Lessor a rental d THREE HUNDRED AND NO/100---------
<br />------ DoLIwRS (t 300.00 )per annum , payable annually In advance.
<br />Section 9. Pur}aaa-Lessee agrees to use ^ald prcmlaes (or the tollowleg purpose am for ro other, to-wit:
<br />As a site to mill, crush, produce, sack and store soil conditioner
<br />products.
<br />9ectlon 4. Imyrovoments-Lessee shell maintain all Improvements whatsoe•er which on Ne date hared exist
<br />. upon the leased premises am it la sgreed that Lessee may cosatruct Improve mente upon Ne leased premleescoo-
<br />slstent with the purposes of Nie lease, provided always, however, Nat the style and type d corotructlon shall De
<br />. ~ subJect to approval by Lessor. All Improvements on Ne lessed premises Including those which on Ne dale hared
<br />. exist upon Bald premises ud Nose hercalter conutructed on Bald premises shall, during Ne continuance d this
<br />lease, be maintained am pointed by the Leeaee to Ne satlefactton d the Leaeor, std at all times be kept by the
<br />.. lessee In a ante of good repair. All Improvements herctofor or hereafter constructed ton Ne leued premises
<br />shall be deemed tobe attached to the land std to be the property of Ne Lessor, aubJect to the comltlon herein-
<br />. after elated; provided, however, that if st the terminallon hereof Lessee shall have fWly paid Ne rent hercle
<br />reserved ^nd shall In all other respect have tslNtully kept, oDSened am perfor mad the agreements hereof, Nan
<br />such tmprovemenb on aeitl leased premlae^ u may have been purchased by Levee or erected or placed upon Ne
<br />leued premises by Ne Lessee shall upon each termination become Ne property of the Levee am ntd Leasep may.
<br />or at Ne request of Leaeor, shall, wlNln Nlrty (30) days after.lerminatlon of NU leue, remove d lessee's sole
<br />expense such Improvements on said leased prerdeea as may have been Durehased by Lessee or erected or pissed
<br />upon safd pre mleea by said Lessee am restore qld premises to substantially Nelr (ortnratale In accordance rlN
<br />Ne provisions d 9ectlon SI hereof, but It Levee shall be In default upon Ne terminatfon d Nls lease, Nee surd
<br />~~ " • Improvements oe sold leued prerNSea u may have been purchased Dy Leeeee or erected or placed twos sold
<br />premises by Lessee, shall remain Ne exclusive preps rty of ~Ne Lessor; provides [urNer, however, Net If at Ne
<br />. termination hereof lessee b In default Is any d Ne groetnenU heroin contained am Leuor shsl mvertheleu
<br />desire Lesxe b remove such Improvemesla os Ne IeueO promises sa msy have boon purchued by Levee or
<br />erected or Dlstxd on sold premises by Leases, aril shall eo notify Lessee, Wen all aucD Imprrnements shall upon
<br />such termination become Ne property d l.easee std Lessee shill remove Ne ume from Ne leased prembes and
<br />restore old premises to substantially Nelr former date In accordance wIN Ne provbloru a( 9ecllon 11 Dared.
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