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.~- <br />MEMORANDUM OF LEASE <br />(20 Road Gravel Pit) <br />THIS MEMORANDUM OF LEASE dated 18`s day of September, 2005 made by and <br />between Martin and Donna Azcan•aga, as individuals, (herein called "Lessor") and M.A. <br />Concrete Construction, Inc., a Colorado corporation, (herein called "Lessee"); <br />Lessor hereby leases to Lessee and Lessee hereby leases from Lessor, the real property <br />described as: <br />Lots I-4 of 20 Road Industrial Park <br />For the purpose of mining, processing and removing sand and gravel from the above <br />described lands (hereinafter called the "leased property") for a term of twenty-five (25) <br />years commencing on the date hereof under the terms, provisions and conditions set forth <br />in that certain Sand and Gravel Mining Lease date of even date herewith (herein called <br />the "Lease Agreement") between Lessor and Lessee covering the leased property. <br />Reference is here made to the Lease Agreement for al] terms, provisions, covenants, <br />agreements and conditions contained herein which aze incorporated herein by reference <br />and expressly made a part hereof. <br />IN WITNESS WHEREOF, Lessor has executed this Memorandum of Lease as of the <br />date first above written. <br />LESSOR <br />By: y' i ~C <br />M in Azcarraga <br />By: c~ic~ e~2.G"-~;2+~- <br />Donn Azcanaga ~ (//J <br />LESSEE: <br />M.A. CONCRETE CONSTRUCTION, INC. <br />By: <br />Martin Azcarraga <br />President <br />STATE OF COLORADO) <br />)ss <br />COUNTY OF MESA ) <br />