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<br />s~ of royalty shall be made monthly not later than the 13th day of the'
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<br />~ month following the month of mining and sale or removal thereof Lroa
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<br />... ,r.. the leased premises. ,
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<br />'the LESSEE agrees to pay the LESSOR $300.00 forthMit6 and
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<br />: this paymsnt shall be credited on ro alt a
<br />y y p ymants to ba ra~oaivad
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<br />by the LESSOR for the psriod of time ending July 1, 1979. If during
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<br />~j any subsequent year the royalty payments renaivad by the LESSOR total
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<br />~., .'. lass than $500.00, the LESSI6E agrsu at the and of said yur (and on t]
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<br />;, 1st day of July of such subsequent year) to make such additional payme~
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<br />E;;~',": to the LESSEE so that ha Mill have received a total of not less than
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<br />500.00 for the next preceding year.
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<br />~' 3. This lease shall be assignable in Mhola or in part by the
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<br />~~ LESSEE or LESSOR.
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<br />4. LESSOR shall have the right to inspect nll records, books
<br />~' or accounts pertaining to mining, extraction, transportation and retur
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<br />";r:'• of materials taken from the herein demised premissa.
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<br />'' 5. LESSEE may make or place such improvements and equipment
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<br />;' ~: upon the herein demised premises as may be reasonably necessary to
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<br />explore for, mine, process, atookpile and remove sand and gravel in-
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<br />' cludir.g a concrete batch plant and/or asphalt plant therefrom and upon
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<br />termination of this lease, for any reason, LHSSEfi mey remove such
<br />n-i`.~ improvements and equipment, provided,hoMever, that all royalties have
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<br />'•"'~' been paid and that ouch removal is accomplished within one year of
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<br /> the termination date or before such earlier data as the LESSOR may
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<br />set, upon thirty days c+ritten notice to the LESSEE. LESSEti agrees
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<br />'~,~t:_ to honor all existing easements and rights-of-way. However, L£.SSEE
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<br />egreea to restore the leased premises after remcwai .,f such i.mproveinec
<br /> and equipment to the s,crne cond'tior, as exf~~:ed ,~rinr to ar.r i:lr.ceman~
<br />' rr '_o^r~i~~,. >l ~~ h in~~rovr•.•r+entn o:- . •~~u; .c: t :.~.
<br /> !. L'.. .~~'~ 1.' .. :. P. lie', ~. `: t. ~ ..i ~. tt ~ ~;lf't i'. :~~ ~ .'~ ''JI.
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<br />~:, fv.deral ~e:.,i'.., •.:~±c,l ~•,ay F.t c'ecr.,,.ry I~:r it: .~ ~~~ ,c' .r::, ,::
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<br />t~ operatierie and if unebl.e to obtain such permits witht.sl r~ ~erl.r;il of
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<br />ninetq days from the date of said lease, them said i.e:s:.e ~=ha~1 !~e vo:
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