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~ ..I,:~Lr. of l.olui::do ) 1'iluJ for iri~• :: Jui,r 17, ~ ..u..... _ <br />~ '; ~.~~~' J County 9f ~•'liguel)°O end duly record^rj~ Book 31+9 I'nSe 591, ~ ' <br />FAID 8 .00 by j~~-rr/,ct.a•.t~c~.tt.cu lkPut~ <br />GRAVEL LEASE <br />AGREEMENT, made and entered Into this 3rd day of ~, 1974, by <br />and between Klrk Alexander and Kathleen L. Alexander whose address Is <br />Norwood, Colorado, hereinafter referred to as Owner, and Nlelsons, Inc., <br />of Dolores, Colorado, hereinafter referred to as Nlelsons. <br />WITNESSETH: <br />THAT WHEREAS, Nlelsons desires to obtain construction materials of <br />satisfactory quality and quantity for use in construction, which material <br />is available from (and owned by the Owner and described as follows: <br />TO WIT: <br />Sec. 31 T. 43 N. R. 9 W. N. M.P.M. <br />NOW THEREFORE: <br />IT IS AGREED BY THE PARTIES HERETO: THE OWNER, for the consideration <br />of One Dollar ($1.00), receipt of which is hereby acknowledged, hereby <br />grants to Nielsons the exclusive right end option from the date of this <br />Agreement until the 3rd day of Mme, 1977, at 12:00 Noon to purchase and <br />remove from the subject premises. Nlelsons, Inc. will pay royalty payments <br />due by the fifteenth (15th) of the following month for materials used . <br />and sold during the preceding month. <br />All types of construction aggreqates at TWENTY CENTS ($0.20) per ton. <br />NIELSONS shall then have the exclusive right to purchase and remove any <br />and all construction materials. <br />NIELSONS shall have the right to ingress and egress to and from the <br />subject premises and erect any temporary structures and employ any reasonable <br />methods for the removal of said material. After Nlelsons has completed its <br />removal operations, it will leave the premises in a neat condition. <br />THE OWNER hereby warrants that he has good title to the above described <br />premises; that he has the lawful right to grant this Option; and that he <br />agrees to hold Nielsons free and harmless from any and all claims from others <br />asserting any interest in the subject land. <br />ADDITIONAL CONDITIONS: <br />In the event that the Colorado Division of Highways become delirious <br />of purchasing gravel from the above described property an agreement will <br />be made subject to approval of Nielsons, inc. and the Property Owner for <br />such material as needed. <br />NIELSONS, INC..- <br />BY_: <br />J. D. Tipton <br />Adm. Vice President <br />TITLE <br />Subscribed and Sworn this <br />~;. ~ ;' <br />,.;, :. <br />'.C T:~'' <br />~~~t/day of /»~., 1974. <br />~• z «..cG y~ - <br />NOTARY <br />fyy, ~,.mlyAanexplresApr. 19, <br />MY COMMISSION EXPIRES <br />