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<br />~. Filed for record at :_f.E ::_.. ,. o'Cle~k...,...._..:_...:.,. ~:; ~ ...TJ?.....+
<br />~.a-i~.rJJV .timffrr Cxfirad
<br />RecePiion 140......._....._ .. ... ........ _,__..___.~............
<br />GRAv,?L L~ 5,7. u3.t:`rd] J?~F:.~ :.. ;;'Cr;~?:fi
<br />JOi~ B. ?;(T.'GF': ;;ii G, CLTF?OI.D :-;.;,'i:0:i
<br />BG R ~~~ rA~~ s.v+~
<br />Let this document serve as a lose n.-rera,ent icLUer.n JE~OOS !,. 2furply, i~'aser,
<br />Colorado and John 13. i?urpi4•, Granc , Colorado, furtiaer referred to 'teroin as the
<br />owners, alld G. Clifford Clayton, doing busi.-IOSS as Clayton end £on Construction Co.,
<br />°54 Byers Lvo „ Prasor, Colorado, further referred do Herein as the operator.
<br />Orv+rrtor is hereby grnnied a le,=.se for the purpose of « s1na,~,+ravel and
<br />concrete operation on the follos•-ia, described pro,~cr ;•;
<br />1 The tr~.ct of lend contt.i:]inr, 1?G acres, core or less, locctc3
<br />CC Gt Of GI`OOdCrr GI'9^. }C, iii file L'~r.1~~~x. Of HOC tiOn 1?_, T04rn ;i]ip 1
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<br />C'outh, &~n,,e 7u :dr`st, Grand Co-slty, CG10^LGO, further referred to
<br />herein as 'the location.
<br />Lease agreement shall bo for r. period of 15 years, ti~ita the royalt}*.aGreennnt
<br />to b~ rovioWed at the end of oacn s year periai b;; c,.:]ers ~.i:3 operator, an8 revise?
<br />to conform frith the then prevailing rate for material o° comparable quality and
<br />quc:.ntity available in the aree.
<br />Opcrstor to have exclusive rig:,ts to tall s.uc:, Crzvel r.nd aGrcgate r:i~11iI] tire.
<br />loc.ttion, and for all operations co:lnected ~:ith s; i:d, Cravcl and concrete productic..
<br />on :,ills location.
<br />Operator shall be permitted to use, in connection Frith the s.nd, gravel and
<br />concrete operation, etW equipment norcial~ necesscr}~ for such an operation.
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<br />Qocrator sh^.ll have the right to sell au m]limited e,nount of m:~teri~l to xho~u-
<br />ever he chows, or to limit s.1e of said ;~t:torial to ti:homnvr-.r he chows.
<br />'~:cFpt that, ar>,y quantity of m<,.terial needed b}~ the o~n]ors for their nriva.t~
<br />C.TI<.~ pars Ol]Lll llu0 end not for sa lc, mny be tF.iSel] OLt Of sL iii lose: flea, Eft 011;,' tll9C.
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