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<br /> <br />upon the demised premises as the Lessee may determine necessary in the <br />conduct of its business; provided, however, that in the event of <br />termination of this lease, the Lessee agrees to remove, at its own <br />expense, any and all equipment or other improvements placed upon the <br />premises by the Lessee. The parties acknowledge that alzy~ such <br />equipment or other improvements placed upon the property by the Lessee <br />shall be determined to be the property of the Lessee. <br />RIGHT OF IC7GRESS AHD EGRESS. Lessor does hereby grant to the <br />Lessee during the term o this lease a right of way for ingress and <br />egress upon the demised premises. <br />Lessee agrees to maintain said right of way at Lessee's expense. <br />The right of ingress and egress shall continue during ttie term of this <br />lease and any extension thereof. <br />UTILITY RIGHT OF WAY. The parties hereto acknowledge that the <br />Lessee w 11 require the delivery of electric power, telephone, water, <br />or other utilities to the demised premises for the conduct of Lessee's <br />business. Lessor agrees to grant such electric power, telephone, water <br />or other utility easements to Lessee or to the appropriate companies <br />delivering the same to the demised premises over, under, or upon that <br />property owned and adjacent to the demised premises. Th:e location of <br />such right of way shall be mutually agreed upon by the parties hereto <br />and shall be so located as to minimize any damages or interference <br />with the use of Lessor's adjacent property. Lessee agrees to indemnify <br />the Lessor for any damage to buildings or other improvements incurred <br />by the Lessee as a result of such utilities as may he required by the <br />Lessee. Such utility right of way shall be limited to the term of this <br />lease and any extension thereof. <br />It is understood and agreed that the Lessee shall be responsible <br />for the payment of all charges for electric power, telephone, water, <br />and such other utilities as may be used by the Lessee. <br />1JATER WELL. The parties hereto acknowledge that there is a water <br />well situate upon the above described premises and that the Lessee is <br />the owner of such water well as evidenced by the warranty deed <br />executed simultaneously herewith. It is agreed by and between the <br />parties hereto that in the event that the Lessee shall decide to move <br />the water well to another of its properties, that Lessee shall have <br />the right to do so at such time as it shall desire so to do and <br />without notice to the Lessor. <br />PLANT REMOVAL. The parties hereto agree that the L~=_ssor shall <br />assist the Lessee in obtaining a gravel processing site ~~onsisting of <br />approximately five (5) acres immediately adjacent to and South of the <br />above described premises for the use by the Lessee as a gravel <br />crushing, washing, and storage area, such land being owned by the I <br />CITY OF LAMAR, COLORADO. The purpose for this clause is that the <br />parties acknowledge that there are sand and gravel deposits under the <br />present gravel processing site which the Lessee is desirl~us of removinc <br />and in order to do so, the Lessee must be able to remove its present <br />gravel processing plant to the adjacent property current:Ly owned by <br />the CITY OF LAMAR, COLORADO. Both parties agree to use :heir best <br />efforts to obtain the permission of the CITY OF LAMAR, COLOR.~100, for <br />the use of its property for the above described purpose. <br />MINED LAND RECLAMATION. The Lessor assumes all responsibility <br />for the mined land reclamation work and the bonding thereof and the <br />MITCHELL G HAMANO <br />•wvuuowAL eo wra wwn ow <br />ATTOwN[Y[ AT LAW ~~ <br />•1[ MOw1M MAIN i <br />w oewr rowo,aoLOwAOO •.ow~ <br />_.. ~f <br />