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,• <br />.: <br />r <br />Page 'I~o <br />3. OPTION 1'U RENEW. Lessee shall have ehc right and <br />option to renew t is Lcasc for succes:;ive periods of ~ <br />year:: cacl~. <br />4. STOCK PILES. Lcssec shill retain title to all sand <br />and gravel mine~c an stock piled nn thr premises, and Lessee <br />shall have the privilege of stock pilin}; sand and gravel durinf•, <br />Chc tern of this option or any c>:tension thereof, whether in <br />writing or not, for a period of not to exceed nine (9) months <br />after Lessee's privilege of mining has terminated. ].esscc shall <br />pay at the rate above set forth for stock piled sand and grave] <br />as the same are removed. All sand and pravcl not removed within <br />Che nine-month period shall become the property of the l.cssor <br />at tl~e end of said nine-m ontli period. <br />5. INDEMNIFICATION. Lessee <br />for any and a is i ities involved <br />of gravel from the premises. Lessee <br />against liabilities on all claims fo <br />persons or property that are claimed <br />activities or omissions of Lessee or <br />during the term of this Lease or any <br />accepts all responsibility <br />in the crushing and removal <br />agrees to indemnity Lessor <br />r damages and injuries to <br />to have resulted from the <br />its agent or employees <br />e':LCn510n or renewal there? <br />6. COidDITION OF PREt•tISES. lessee accepts the nre~:~ises <br />in the condition they now are in :,nd agrees at the termination. <br />of this Lease or any extension thereof to leave the premises <br />in a neat ~:ondition. <br />7. The Lessor hereby warrants that he hzs ;,ood title <br />to the above described premises; that he has the lawful right <br />to grant t]tis Lease and that he agrees to hold Lessee hzrmless <br />from any and all claims from others asserting any interest in <br />the subject land. <br />T ~ <br />8. ADDITIONAL CONDITIONS. <br />THT.S AGREEMENT contains the complete agreement of [he <br />parties and shall not be modified by any verbal statement or <br />otherwise sinless in writing signed by the parties. <br />IN WITNESS WHEREOF, the parties have hereunto affixed <br />their signatures as of the date first above written. <br />C ER a Colo ado C rporaCion <br />LESSEE <br />~ j Li:SS0i2 <br />~l~ _ <br />ATTEST : Ci"t, -S7 VJ<.,.~~. • <br />