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. • -3 • <br />such ores, netals, minerals and mineral products, including native <br />gold and free gold and other minerals derived from the premises <br />from a mill, smelter refinery or other purchasor, user or consumer <br />other than Lessee after deduction of all charges for treatment in <br />the smelting or equivalent process, for treatment in any process <br />subsequent to the smelting process, including refining (including <br />handling, processing, penalties and other processor deductions), <br />and less sales and brokerage costs, and actual costs of trans- <br />portation (including freight, insurance transaction taxes, handling, <br />port demurrage, delay, and forwarding expenses incurred by reason <br />of the course of such transportation) of such ores, metals, min- <br />erals and mineral products to the smelter, refinery, or other <br />purchasors, user or consumer. PAYMENT OF PRECIOUS METALS SHALL <br />BE MADE IN KIND. ROYALTIES ON ALL STONE, <br />LANDSCAPE ROCK l0Y ALL OTHER GRAVEL AND SAND MATERIAL <br />@.30 PER CUBIC YARD. <br />ARTICLE 7. LESSOR'S WARRANTIES <br />Lessor warrants that it is the owner of the Mining Claims <br />and Mill-site free and clear of all liens and encumbrances. <br />ARTICLE 8. SALE OF STONE, SAND AND GRAVEL <br />All stone, sand and gravel shall be sold in the name of <br />the Lessee, and royalty settlements shall be made by the Lessee <br />on or before the 20th day of each and every calendar month during <br />the term of thr Lease for all stone, sand and gravel sold by the <br />Lessee and for all mill and smelter or other sale returns receuved <br />during the preceding month for ores, metals or minerals produced <br />from the premises. Each settlement shall be accompanied by a dup- <br />licate liquidation or settlement sheet for each lot of ore or <br />minerals sold. <br />ARTICLE 9. TAXES. <br />Lessor shall pay all taxes on its own machinery, tools, <br />and equipment and on any building, structures, or other improve- <br />ments whether above or underground placed on the premises by the <br /> <br />