Laserfiche WebLink
VJ/ lV/00 I, L:V LY.LJ 1'.-L.1 JVJ 111 JILJ 1L 11~ILU J UGI\YGII 1GV11 l/lR <br />-~ -• 5-27-1995 d :d9AM FROM <br />.3- -199& 12=53PM ~ PETFSt H4RRIS RUDY PC 970 a79 ~3 <br />Operations covered by this Agreement and for the operations of Owner <br />not related to this Agreement. <br />"~ Payment of Tares and Ezpenses. So long as this Lease Agreement <br />remains in effect, Operator agrees to pay the following taxes and <br />assessments: <br />7.1 All taxes levied and assessed against any of Operator's machinery, <br />equipment or other personal property located an the Property and all <br />taxes and assessments levied end assessed against materials <br />stockpiled oa or mined and removed from the Property. <br />7.2 The ad valorem taxes levied and assea9ed against the Propesty as a <br />result of the Operatoi s activities on the Property. Any amount due <br />from Operator pursuant to this Subsection shall be paid to Owner by <br />Operator within thirtq (3Q) days after date of Owner's statement <br />showing the amount due by Owner enumerated in Subsections 7.1 and <br />7.2 above. <br />7.3 Operator agrees to indemnify Owner with respect to any claim, loss, <br />damage or espease be may incur as a result of Operator`s failure to <br />pay any of the Lazes. <br />7.4 If Owner fails to•pay any ad valorem taxes levied and assessed againsr <br />the Property, or any mortgage payments or other charges due oa the <br />Property whore failure to pay might affect Operator's use of the <br />property, rhea Operator may, at iu option, paq such charges as deduct <br />from advance or actual payments otherwise due Owner, the amount of <br />such paymeata. <br />7.5 GALLEG05 agrees W pqy sll expenses and charges incurred in <br />oonaectioa with mining, removal and production of Minerals and <br />reclamation of the Property. <br />t3 Restor:tion- <br />8.1 Upoa the termination of all Operations by GALLEGOS under this <br />Agreement, GALLEGOS agrees to reclaim rho land as required by the <br />Mined Load Rschrmatioa Board and other state, fiederel and local <br />authorities (including the Mining Plan sad Permits). <br />IfEJUUI <br />P. 7 <br />v, y <br />(.uNyoa-CPn/~V I.~toR and 1f/i+Lirol RLrdlOis k~eentaLt, Page 6, 3/l6/Y8 <br />