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GOODE~L BROT ~ <br />HERS, ING. <br />BOX 427 <br />EATON, COLORADO soars <br />Pl-IONF, 454-3344 <br />Page 2 <br />_ CONTRACT FOR PURCHASE AND SALE OF GRAVEL <br />• HERTfAN D. AND DORTHY JUNE FEIT AND DONALD E. AND MILDRED FEIT <br />AND GOODELL BROTHERS, INC. <br />Beginning at the Southeast Corner (SE Cor) of said Sec- <br />tion 26 and considering the South line of the Southeast <br />Quarter (SEZ) of said Section 26 as bearing North 89 de- <br />grees 23'50" West with all other bearings contained here iii <br />being relative thereto; Thence North 89 degrees 23'50" <br />West along said South line, 671.66 feet to the True Point <br />of Beginning; <br />I Thence continuing North 89 degrees 23'50" West along said <br />South line, 2014.98 feet; <br />Thence North 00 degrees 04'09" East, 1232.01 feet to the <br />Southerly right-of-way line of said County Road 64; <br />~ • Thence, along the Southerly right-of-way line of said <br />County Road 64 by following four (4) courses and distances; <br />South 87 degrees 26'33" East 1316.18 feet; <br />South 81 degrees 08'12" East 203.57 feet; <br />South 75 degrees 39'38" East 351.80 feet; <br />South 71 degrees 11'57" East 114.05 feet; <br />Thence South 00 degrees 04'31" 4dest 1037.00 feet to the <br />True Point of Beginning. <br />Said described parcel of ground contains 54.617 acres, <br />'more or less, and, <br />OPTIONEE shall have the exclusive right to Cake and remove, such rock, <br />gravel and materials which it finds suitable for its purposes from the <br />areas designated by the Development Plan previously described. <br />OPTIONEE shall have the right o_f ingress and egress to and from the <br />subject premises and may enter upon the property, remove tap soil and <br />extract rock, gravel and other material, place buildings, install and <br />keep at the pit necessary machinery, vehicles and tools for the proper <br />working of the pit and processing of the gravel, rock and material, <br />stockpile rock, gravel and material, and use the pit for all purposes <br />incidental to the operation. <br />• <br />