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i'~:a~M ..rte. .. '3c'.'"_ <br />.,Y: <br />..yC . , ~i*~. <br />f (1301 t~..r ~~.A <br />..> ~ cr.,..a. <br />COAL 1\IININC LEASE <br />THIS COAL, f•TINfNC LEASE (herein the 'Lease'), rntered into effective <br />C•~~oi tn3 1°90, betwcen W. D. SWING, 1R., of 316 Scenic Avenue, Piedmont, <br />California 91111 as Co-Successor Trustee, and THE FIRST INTERSTATE BANK OF <br />DENVER, N.A., f.'k/a THF. FIRST NATIONAL BANK OF DENVER, a National <br />Ranking Asscxiation of 633 17th S(rert, Denver, Colorado 80270, as Co-Successor Trustee, <br />of the W. D. F.~VING TRUST dated July 29, 1965 Lessors, and OAKRIDGE ENERGY, <br />INC., a lhah corporation, as l.csscc. <br />1. Grant. In consideration of the concurrent purchase by the Lessee from the <br />1-essors of the entire surface estate and certain fractional interests in the mineral es:ate <br />in the lands defined hereinafter as the "Erased Premises,' and for other good and valuable <br />consideration, including the production royalties and commitments herein agreed to be <br />paid and performed by Lesser, Lessors hereby grant and lease to Lessee an undivided <br />one-fourth (1/4) interest in and to all coal in, upon or underlying the lands described <br />hclow located itt la Plata County, Colorado, to-wit: <br />TOWNS}IIP 34 NORTH. RANGE 9 WFST. N.M.P.M..Ia Plata County. <br />l~.~lc~d~r <br />Section 5: All of the SG1/4NE1/4 lying and being East of the centerline <br />of the Animas River. <br />LESS AND EXCEPT tracts described in Deeds to the State of <br />Colorado Department of Highways tzcorded September 30, 1577 as <br />Reception Nos. 413397, 413398 and 413399. <br />ALSO LESS AND EXCEPT old U.S. Highway No. 550-160. <br />Section 4: All of the NWI/4SW1/4 lying Easterly of U.S. Highway 550- <br />160. <br />LESS AND EXCEPC tracts described in Deeds from W. D. Ewing <br />to O. F. Hamilton recorded February 23, 1966 in Book 498 at Page <br />175, to homer E. Root and Wilma Root recorded September 30, <br />1957 in Book 382 at Page 49, to Betty Thomas Toulouse recorded <br />July 3l, 1958 in Book 393 al Page 114 and to La Plata - tectric <br />Assrxiation recorded March 30, 1960 in Book 421 at Page I,' <br />(hcrcina(ter the `Leased Premises'), together with the right to explore for, mine (by op~~~ <br />