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<br />(excluding oil and gas) to the following describe-d <br />property, to-wit: <br />The Northwest Quarter of the Northwest Quarter <br />(N[•];Nl•!y) of Section T•.:enty-seven (27), and the <br />West Half of the Southwest Quarter (F7h S['!;) and <br />the Southwest Quarter of the Northwest Quarter <br />(SYl ,rna;) of Section Twenty-two (22), Township <br />Thirty-five (35) North, Range Ten (10) [9est, of <br />the Ne~~+ M1fexico Meridian. (E.%cept 3.632 acres <br />located in the South•.+e st Quarter of the North- <br />west Quarter (SW ;fR•J ;), Section Twenty-two i22), <br />To•.+nship Thirty-five (35) North, Range Ten (10) <br />West, of the New Mexico Meridian, heretofore <br />conveyed to Thomas G. Pierce and Fred E. Pierce <br />by deed from Christopher Clark., recorded in Book <br />178 at Page 433, of the records of La Plata <br />County, Colorado, and except also a tract of land <br />heretofore conveyed by deed to L. D. Burnett and <br />William Gerard, dated October 1, 1942, and filed <br />for record on December 19, 1942, and recorded <br />in Book 299 at Page 218 of the booY.s and records <br />of the County Clerk and Recorder's Office of La <br />Plata County, Colorado.) Together with all <br />buildings and improvements situate on or used in <br />connection with the above-described land. <br /> 3. Sublease agreement dated October 6, 1976, beti+een Energy <br />. ~ Capital, Ltd., a limited partnership formed under the <br /> laws of the State of Colorado, and Arness-MCGriffin Coal <br /> Company, a Colorado corporation, a memorandum of which <br /> is dated December 3, 1976, and recorded in the records <br /> of the County Clerk and Recorder of La Plata County, <br /> Colorado, reception number 405512, which granted Arness- <br /> McGriff in Coal Company all rights, title and interest <br /> in the following mineral leases: <br /> (a) Exploration Permit and Ffi neral Lease dated <br /> Octobec 16, 1974, between Ray Ismay and Hallie <br /> Isma:~, lessors, and Calder and Company, lessee, <br /> which is recorded under reception nun ber 391328 <br /> in the records of the County Clerk and Recorder <br /> of La Plata County, Colorado, covering an <br /> and i•rid ed 1/2 of the mineral estate in, on <br /> and under the following described prone: t~., <br /> to -~.ai t <br /> <br />- 2 - <br />