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ASSIGNMENT <br /> ASSIGNMENT made this .201 day of Auou�1 , 1919, brtwnun WHONO <br /> IIROS. LXCAVATING, INC. , a Colorado corporal 1,m, hereinafter refurrud to <br /> as "Assignor ," and Albert Frei & Sons, Inc . , a (,oloradu corporation, <br /> hereinafter referred to as "Assignee," <br /> ASSIGNMENT OF LFASL <br /> For value received and the cunsideratiun hereinafter nal forth, <br /> assignor grants, transfers and assigns to the assignee, ao% ignor' s entire, <br /> interest in that lease agreement with the assignor, as Lessee, with <br /> William V. Bromley and Dona Mae Bromley, Lessors (hereinafter decihnotu(I <br /> as "Lessors") , dated April 17, 1979, and an addendum thereto, copies of <br /> which are attached hereto and collectively rnforrud to nL inhibit "A" . <br /> ASS IGNORIS h'ARRANTIIS AM (Vi. IGAIIOl;� <br /> I . Assignor ruprusonlo that it is the • ulu uwnur of thy_: loon" on,: <br /> addendum tllerutu heroin as; i,inud (Exhibit "A") hn)othar with all riqhK <br /> c.unloinud In sail luasu with the addundum and with full rfight to "n%ign <br /> Thu same. <br /> 2. The lunsu with the addendum is now unencumburod , valid , and in <br /> full force and effect in accordance with il-n terms. <br /> 3. The assignor (Lessee) is not in default under any of the terms, <br /> conditions, or covenants of the lease. <br /> 4. The assignor will obtain the required county , state, and other <br /> governmental permits or licenses at its e,;cnsa or pruvide the support <br /> and bear the cost of the assignee obtaininq thu name in order to permit <br /> the assignee to operate under that curtain lonne and addendum and for <br /> the purposes set forth therein in Exhib11 "A." ; IT HE INO 1:XPLICITLY UNIZIASTOOU <br /> that certain permits must be taken out in the ossigneuls name as operator <br /> for which the assignee agrees to assign and pledge his performance as <br /> opurator but for which the assignor will bear The cost of making application, <br /> The expense of the same, processing of The some and paying for the initial <br /> Land premium, specifically under the Colorado Mined Land Reclamation <br /> Act. <br /> "11VIIBIT O" Sourco of regal Right to )meter <br /> P.xlc 12 <br />