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<br />( i.r:ASE
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<br />LEASE made this ~_ d:r7 uC _ November _ _ , Yy and L•-'v; .~~,
<br />' _xnnnerh r„ert~iTa+A+,2=53sr].in8,_S.~o£ado___~75~.____ _
<br />i hereinafter referred to as Lessor, and DOA'P U^ CUOIJ I'1' Cn'•P~I L'~';~ ~4 iS,' hl~ F
<br />MOAN COUNPf, _CO[AllACO, hereina Yter referred tc ao ~: tsw~.,
<br />WIT,TESSEf4:
<br />Lessor, 1n con9lderatl.nn of the agreen~en to set 1'ortl 1•~~rrin ~ •~ '
<br />kept and performed uy lessen, and of Urr, p,r j;ncn'. n:' the royal Li^'+ •. .e ~a:
<br />as Drovided hereia, and aut+ject to t':e terns, comil bons, and hrr~. i.-. ~~. m;
<br />` Contained herein. lensas to lessee that cerWii ',rant of land ni tra `•~I i„
<br />Logan County, Cotnrado, which is deser ibc,l to IixLihi i. „A~` .I i:,.~~•.~1
<br />hereto end medc 6 part hereof, for the purpose of qua rry iug, ni ii.in.~. rt-,. r: '+.~'.
<br />na rketing, and using therefrom all sand, gra~rel, and ra•,:;, all nC wn~rh .v-•
<br />herein referred 'to as materials.
<br />
<br />,
<br />This lease shell be in effect Cor a period of _2~_ ycn:~ (a)
<br />'. from the ~ day of ~p_yp~~. _._~_.-, 19_ZZ• L.• • 30
<br />Day of _N2v_elabar. __.. _?510~•
<br />ROYALTIES J
<br />Lessee shell pay to lessor, as royalty ~H~,__ ern 4.^, (R ~_ln ) n•r
<br />yawl for each cuS1c yard of as terla la removed from Ure f`rc miss ;wider U,n
<br />I• direction of the lessee or by iessce'e Dermisainn. :'aid re~•nl ty n'nll be
<br />1 p.ay ing m,~r,. .~r, 1,..,.
<br />~ edjus ted upward or dormward in the event t.rtssec is t,+
<br />other, lessors for such material. The quantity shall 1•r dr tetn,i n•~d ~1'n•r
<br />,
<br />the materials are loaded in tr•,cks. Paid sum shall he po}~ablc ~:i tl^n 'r, ,
<br />days of the detennlnntion of the nrnounl. pa>al+IC. Any material sold by lessee ~
<br />s
<br />to others 3,a 11 be !
<br />governed by teens o[ Exhibit "B" attached hereto snd
<br />made a part hereof. '
<br />, Pege 1
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<br />EXHIBIT 0 -Source of Le al Ri ht to
<br />Enter. 8 pages
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