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<br />" ,` .F TH!&LEASE, Ya4s red esteted:mbi~ia .,13th ~•y ~ Februar Lg78
<br />tAtweea THE DENWER AND RIO ORA-tDE WESTERN RAILROA}J COMPANY, s I)e4wate corporatlos, hereinafter
<br />'.'~ c.u.c^Is..or,"and J. H. LIO~iELLE, an individual doing business as U. S.
<br />SOIL CONDITIONING COMPANY, Mailing Address: Drawer 926, Salida, Colorado
<br />hereinafter called "lessee," WITNESSETH, That: S 1201
<br />9ectlon 1. leswr; Is oonslderatlon d Ne retds b be paid apd fSs a~reetmuta b be performed by Levee,
<br />hereby leases b'Ieuee premises situate to the County of f ~remonL
<br />and Sete of Colorado to- wit:
<br />(q. Daacrl~lisn-
<br />?~;__ .
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<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, Franont
<br />County, Colorado, as shown in red on the
<br />attached map, Dwg. No. W-219, containing
<br />about 29,340 square feet.
<br />'N
<br />~~ (bJ. Tars-TO have aM b hold acid above described property Irom- March LS, 1978
<br />until each titoa u Nls agreemnat shall tx termluted u herclnalter prmided.
<br />Section 1. Raai.l-Lessee agrees b pay b Lessor a rental of THREE HUNDRED AND N0~100----
<br />------ DOLLARS A 300.00 )per annum ,payable annually In advents.
<br />_. 9ectlon 3. Psgau-Levee egress to use sold premises for Ne followleg purpose and for m other, to-wit:
<br />As a site to mill, crush, produce, sack and store soil conditioner
<br />. products.
<br />. , 9ectlon 4. IaMrorataaata-lessee shall maintain all froprovements whatsoever which oa Ne date hereof eclat
<br />upon the leased premises a~ it !s agreed that Lessee taay construct Improvements upon the lessee premisescoa-
<br />latent wIN the purposes of Nie lease, provided always, however, Nal the style and type of cotutructlon shall be
<br />~> ~ atNJect b approval by Lessor. All ItnprovemenU oo the leased premises lncluditlg those which on the dale hereof
<br />exist upon sold premises std those hereafter constructed on Bald premises sball, during the continuance of NI^
<br />lease, tx maintained end painted by the Lessee b the ealls[sctlon of the Lessor, std al all [Imes be kept by the
<br />.. ~ Lessee In a state of good repair. All improvements herebfor or hereafter constructed tgwn the level premises
<br />shall be deemed b De attached to the lad and to be the property of the Lessor, subJect b Nr. cotdltlon herein-
<br />' .otter stated: provided, however, that It at the terminatlon hereof lessee shell hsve fWly paid Ne rent herein
<br />reserved and shall In all other respect have tslthtWly kept, observed and performed Ne agreements hereof, then
<br />.'" such improvements on said leased pretdees u may have been purchued by Levee or erected or placed upon the
<br />leased premises by the Lessee shall upon such terminatfos become the propertyolthe lessee•tds~ld Lessee tn.y,
<br />or at Ne request of Lessor, shall, witUn thirty (JO) days alter termleallon of Nl^ tease, remme at levee's sole
<br />expense such Improvements oa solo level premises as may hsve been purchased by Lessee or erected or planed
<br />ton said premises Dy sold Lessee and restore Bald prembes b suWtantlally their former state In accordatwe with
<br />the provlalotu o[ 9ectlon Zl hereof, but H lessee shall be In default tpae the terminatlon oI Nls lease, then surL
<br />. Improvements os sold level premises u tray have been purchased by Lessee 'or amted or placed upon Wd
<br />premises by Lessee, shall remats Ne exclwive property of the Lessor; praide~ further, however, Nat !f at the
<br />termleetlon hereof Lessee Is In dstault is any a( the sgroemeels henln ooataltted and lessor shall nevertheless
<br />desire Lessee b remove such Improvemesb os Ne level pnmises a may have been purchued by Lessee or
<br />erected or placed oe aid pre mises by leesaa, and shall so notify Irsses, Nen all such Ir~rovetnents shall upon
<br />ouch terminatlon become Ne property of Lessee ud lessee shall romove Ne same from Ne leased premises aM
<br />' restore Bald premises b sabslastlally Nelr former slate In acootdsttx wIN the provisions d 9ectlon 91 horeol.
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