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-. _ .. <br />~,.,,,.~,...,,m <br />THIS AGREEMENT, made and entered into this~~ day of <br />January, 1978, A.D., by and between GLEN 0. and DOROTHY I. <br />CHAMBERS of Rifle, Colorado, hereinafter called "LESSOR", and <br />MOUNTAIN MOBILE MIX Inc. of Frisco, Colorado, hereinafter <br />called "LESSEE". <br />WITNESSETH THAT: The parties hereto, for and in consider- <br />ation of the mutual covenants and agreements herein contained, <br />do hereby agree as follows: <br />1. The Lessor does hereby grant, demise and lease to the <br />Lessee for the exclusive and only purpose of exploring for, <br />mining, removing, crushing, washing and marketing sand and <br />gravel (aggregate) thereon and therefrom, the following des- <br />cribed land, situated in the County of Garfield, State of <br />Colorado, to-wit: <br />Lot 2 and part of the North it of S.E. ~,; and of the <br />N.E. i of the S.W. %,,, and of Lot 3, W~1 of S.W. ~, <br />Section 11; and Lot 1, Section 14, township 6 5, <br />range 93 W, of the 6th P.M. <br />The mining operations shall be confined to a 10 acre <br />tract located in the southwest corner of the above <br />described property, briefly outlined: Beginning at a <br />point on the north bank of the Colorado River, 50-ft. <br />east of the west property line, then due east for <br />750-f t., along the north bank of the Colorado River, <br />then due north for 300-ft., then due west for 375-ft., <br />then due north for 560-ft., then due west for 375-ft., <br />then due south for 860-ft. to the point of beginning. <br />2. The exact boundary locations will be adjusted and <br />established by the Lessor and Lessee before commencing the <br />mining operations. <br />3. Receipt is hereby acknowledged of ONF. DOLLAR and other <br />good and valuable considerations as consideration upon the <br />execution of this ].ease. <br />4. TO HAVE AND TO HOLD said land for a term of five years <br />from the date the "Permit Application" has been approved by <br />the COLORADO MINED LAND RECLAMATION BOARU, and subject to <br />the terms and conditions herein provided. <br />EX~+rBrT 0 <br />