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ll - LEASE <br /> 11 <br /> THIS AGREEMENT, made and ehtr_red into as of th+s ay of February, 1980, <br /> by and between J.J. BAUER (hereinafter called "Owner")-, and R G .UARGER, AND T.M. RUSSEL.L <br /> and et als (hereinafter called "Lessee"). <br /> Lessee has applied to Owner for the exclusive right and privilege of mining, quarrying, <br /> removing and selling rock, which may be found on the following real property: (SV22N�-,NE4 of <br /> I <br /> Section 28, Township 9N, Range 70 West). Said lands will be hereinafter called the "Leased <br /> I <br /> Premises". <br /> I � <br /> NOW, THEREFORE, it is agreed as follows: <br /> Owner, hereby grants to Lessee the right and privilege of mining, quarrying, removing <br /> and selling rock from the leased premises, together, with the right to maintain and use <br /> equipment on the Leased Premises as may be needed or convenient in carrying on said oper- <br /> ations. <br /> i <br /> In order to permit Lessee to operate, hereunder, Owner does grant an easement over <br /> and across the within described lands on the existing roads for the operation of motorized <br /> { <br /> equipment and trucks. a <br /> I � <br /> n consideration of this lease, the Lessee shall pay the Owner $ .10 per cubic yard <br /> for all rock and aggregate removed from this property. All material removed from Leased <br /> land will be weighed on truck scales built and maintained by Lessee. Then the appropriate <br /> i <br /> .conversion factor will be used to determine the volume of material from the weight of said <br /> material. <br /> The Lessee agrees to indemnify and save harmless Owner from and against any and all <br /> loss,i claims and expenses which result in injury or death to any persons or damage to <br /> property caused by the conduct or the existence of the work contemplated herein. <br /> i'Ihis agreement shall be binding upon and inure to the benefit of the parties, hereto, <br /> and their respective heirs, successors and assigns until it be terminated by the mutual <br /> agrel ent of all parties involved. <br /> �IN WITNESS WHERBDF, the parties hereto have caused thi agreeme to be executed as <br /> OWNER: <br /> pf the date first herein written. / <br />' LESSEE:,� '� 1--, �' .1 ESSE$; ,./_ _._ <br /> auer <br />