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,I I,~r~~~J,,.yM1;,o., ~,~,~.~ ,~ 11111111111!!!!!!11 <br />AfCEPTIrH Y.~.~!_.!_.~.://_~.7"!"1511":13, P,IrgnO[R <br />OPTION TO RUY MATERIAL <br />AGREEf•1ENT, made and entered into thisd9'_~' day of December 1 <br />19 75, by and between William H. b Helen Craig whose' <br />address Is Rt. 2, Duranoo. Colorado 813Q1_ _ -, hereinafter referred to as <br />Owner, and Nlel~ons, Inc., of Dolores, Colorado, hereinafter referred to as <br />Nielsons. <br />WITNESSETH: <br />TIJAT l~1HEREAS, Nielsons desires to obtain construction materials of <br />satisfactory quality and quantity for use in construction, which material Is <br />available from land owner by the Owner and dPSCrlbed as follovls: To t•Jlt: <br />W I/2 SW I/4 and SW I/4 NW i/a, Section 9, T. 34 N.. S.U.L. R. 9 W., N.M.P.M. <br />Material to be taken contiguous to exsisting pit--Borders mutually agreed to by <br />both parties. <br />NOti THEREFORE: <br />IT IS AGREED 8Y TIIE PARTIES HERE70: TILE Ol•;tJER, for the consideration <br />of SI.00. One Dollar and othar valnahla rnn q,i riP ra}fons <br />receipt of which is hereby acknowledged, hereby grants to Pllelsons the exclusive <br />right and option from the date of this Agreement until the 17th day of <br />December , 19 78 at 17.:00 Noon to purchase and remove <br />from the subJect premises <br />Gravel Products <br />Soil <br />at <br />at X0.20 per ton. <br />at 50.15 per C.Y. <br />r ton. <br />IF NIELSONS exercises this Option within the time aforesaid, Nielsons <br />shall then have the exciusive right to purchase and remove all material <br />necessary for construction for adequate maintenance stockpiles. <br />NIELSONS shall have the right to Ingress and egress to and from the <br />subJect premises and erect any temporary structures and employ anal reasonable <br />methods icr the removal of said material. After Plielsons has completed its <br />removal cperations, it will leave the premises In a neat condition. <br />THE Ot~rNER hereby warrants that he has good title to the above <br />described premises; that he has the lawful right to grant this Option: and <br />that he agrees to hold Nielsons free and harmless from any and ail claims <br />from others asser~tin~ any interest In the subJect land, <br />ADDITIONAL CONDITIONS: <br />Owner to receive SI 000.00 lone thousand dollars) Aer year advance royalty <br />due on anniversary date of this option. Materials weighed and/or measllrad <br />made available to Owner at any time upon request, <br />NIELSONS, lNC. <br />W. F. Botwinis, <br />Vice President and General Manaoer <br />Title <br />~~ <br />`~ ~(I"1IrIER--, <br />Owner <br />~r <br />~~~^~ ~~ <br />/~~~ <br />