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conducting its operations or may conduct such operations in the future. 12. After the expiration of the first five years of the lease term and payment by Lessee to Lessor of the royalty required by paragraph 7E above, the Lessee shall be privileged to terminate this Lease Agreement by written notice to the Lessor and thereafter this Lease Agreement shall be void and of no further force or effect except the obligations imposed upon the Lessee for reclamation of the property as set forth above. 13. In the event that all or any part of the leased premises are encumbered by any lien at the time of execution hereof, the Lessor shall obtain a written subordination of any such lien or encumbrance to the rights of the Lessee hereunder, and upon failing so to do the Lessee may declare this lease void at its option. If this Lease Agreement is declared void pursuant to this paragraph, any advance royalty paid to the Lessor shall be repaid to the Lessee upon demand therefor. 14. Prompt payment of the amounts herein agreed upon to be paid by Lessee and compliance with all terms and conditions herein expressed is of the essence of this Agreement,. and if Lessee shall fail to make said payment or payments or shall fail to keep and perform the covenants herein contained, Lessor may give Lessee written notice of his intention to cancel this contract thirty days after such notice is given to the Lessee unless within said thirty-day period the default complained of shall have been cured, and if not cured at the end of said thirty-day period, this Agreement shall become null and void, and Lessee shall forthwith remove all of its property and vacate the premises, and any advance royalty paid to Lessor shall be retained by Lessor as his sole and separate property. 15. Any written notice required pursuant hereto may be given by certified or registered mail, return receipt requested. Any such mailing to the Lessee shall be to the -5-