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,. , <br />~~ .. • <br /> <br />acknowledged by each of the parties hereto, it is agreed and <br />stated as follows: <br />1. Mountain hereby agrees that the provision "With <br />Option to Renew" set forth in said Lease Agreement shall be <br />deleted and the right to renew the Lease or any option shall <br />be nontransferrable to Ramsour by Mountain. <br />2. Mountain hereby assigns and transfers unto Ramsour <br />all of its right, title and interest in and to the Real <br />Property, more fully described in the Lease Agreement dated <br />December 20, 1970, between Guanella and Mountain, a copy of <br />which is attached riereto as Exhibit "A". ~ . <br />3. Guanella hereby consents to the assignment of said <br />Lease Agreement to Ramsour and hereby releases Mountain from <br />all and any obligation and liability under said Lease Agree- <br />ment after the effective date of this assignment and confirms <br />that to the best of his present knowledge and belief the <br />said Lease Agreement is in good standing and not in default. <br />4. Ramsour hereby agrees to accept the duties and <br />responsibilities as Lessee under said Lease Agreement and <br />agrees to fully perform all of said duties and responsi- <br />bilities as Lessee. <br />5. Ramsour hereby agrees that if operations under said <br />Lease Agreement are ceased for any reason, including and <br />not limited to, litigation, bankruptcy, or strike, that <br />Guanella during the period of the cessation of work by <br />Ramsour only, make take over operations so as to provide <br />-2- <br />