PERMFILE61853

• Permit No: C1984067
• IBM Index Class Name: Permit File
• Doc Date: 12/11/2001
• Section_Exhibit Name: EXHIBIT 1 DEEDS AND LEASES
• Media Type: D
• Archive: No

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-Arness-'oGr=._`.n Coal Cc-.^any
paid in full, which doc_ment is
370014 of the records of La?lata
Partial releases of this deed of
;:o. 394092 and i1o. 359587 of the
County, Colorado.
r- ~
\o•: ember 4 , 197 6
recorded as No.
County, Colorado.
trust appear at
records of LaPlata
B. A deed of trust dated July 5, 1972 fro,;..
Durango Test, Inc. in favor of Joe r. Childers to
secure a promissory note in the original amount
of 527,000.00, all of which amount ~~as payable on
or before twc years from July 5, 1972, which docu-
r..ent i s recorded as No. 371581 of t'r.e records of
La?lata County, Colorado. Partial role_ses of
this Seed of trust appear at \o. 395SC0, No. 397160,
No. 397664 and No. 401830. It is to be noted that
some .of these later partial releases of deed of trust
are given after the due date of the promissory note,
indicating tha*_ in some manner its payment has been
extended.
For infor.~,ational pllrOO5e5 only, since we h=_ve rot ex_mined
• these docu_nents in depth, we provide as an attached Exhibit A
the apparent chances and matters affecting title to the above
described pro?arty since the dates of the Calder leases. Thos=
chances do not affect the rights under the Calder leases and
such c:,ang_s are subject to the Calder leases, except for or.e
item ::hich is a Notice - Designation of Areas cf State Interest
filed by the Chairman of the Board of County Ccmmissioners of
LaPlata County as No. 401417 which states tha*_ certain areas
of the state, including the above described prcpertl~, are
mineral resource areas and reciting that no one may encaae in
the development of said lands without a permit, and that the
procedures for obtaining a permit are available at the La?iota
County Building and Zoning Department in t::e LaPlata County Court-
house, Durango, Colorado. This notice is dated June 29, 19'x'6.
The abstract or. the Dudley unit pertains to the folle:oir.g de-
scrib_d prcperty in La?lata County, Colorado:
TOWns^io 35 D?crth, P.anae 10 f7est, :d.:`d.P C9.
Secticn 22: NT.'yNE;: NE'<Nt•I;
There is cne title defect which might fall e•:ithin•the catecory
of DaraCraoh nu-.tared 3.4 of the Explorat?on an3 Deve'_opmeat