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•. <br />~~~ <br />LEASE OF TP,ACI'.AGE <br />LEASE N0. t fj~_ <br />THIS AGF.EE~NT, trade and entered into Lhis 119 th day of <br />~a 197 g between TY:i DEPiVF.!; A^iD FIO GTCA.I~~E ~TESfERPI~ <br />RAILROAb ~~I~PANY, a 1?elwware corporaticn, hereinafter called "L°ssor"e <br />and COIQSOLID~I.TED FUELS, i\'C., a Colorado corpora~tio7, clba COidS'OS:ID:IiTLi" <br />ENERGX, P. 0. Box 2IIb7, Stea.:tboae Springs, Colorado 404.'!7 <br />hereinafter called "Lessee", <br />WITNESSF.TH, That <br />1. Lessor, for anal in oonsi.~lere~.ion of the z~ove:~~rts a*id <br />agreements of the Lessee herein contai.tied and upon the te~.-t:is and con- <br />ditions hereinafter set forth, hereby leases to Lessees <br />DESCP.IPTION - <br />All of the Lessor's I.C.C. Pio, 4 lying 15°faet <br />southtaeterly of the mrin track of the Crag <br />Branch, opposite. Tiil.P Poat 208 plus 490 feet <br />and extending thence ncrthtaesterly 1520 feet, <br />at Piount Harris, Routt Coent;~, Colorado, as <br />shown in gzeen on the attached map, Dtag. No. <br />ti-39yA. Rv. <br />Said land and said railr.o3d tra.:ks are l-ier•ein~arter ~vreo_tiii;es <br />collectively called '°Le.3sed Premises". <br />2. TERD1 - To have an_-l to hold. s.;iid Leased Pr..rr.i:,e:~ from <br />u1~, 1st 1978 untf.l su•,c:ic time se this agr.eecrenL- s4i311 <br />BIe Yermir~aEc~d ss hareinaf.C.e.r pra.•ic?ed... <br />3. Lessee Covenants atttj r~greNC~: <br />y (a) To pay to bgssdr n rental. of 1'WO ~;~).~rt} ~'QilR liU'JD a3 <br />~i•~im}~~'-__r..._----..f_..ed~_...~..,»...-~,_-..-----~_..- st, IAt~ (.2,40U.oo~ <br />p2syable annually in advanCC?. <br />- 1 - <br />