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~ ii i ii iii iii iii u iii <br /> <br />' <br /> LEASE AGREEMENT <br />' THIS AGREEMENT made and entered into this 9th day of <br /> <br /> July , 1980, between RAY MONTOYA and <br />' STELLA V. MONT'OYA , herelnafter referred to as "Lessor", <br /> <br />' and C & J GRAVEL PRODUCTS, INC., hereinafter referred to as <br />" <br />" <br /> Lessee <br />. <br />' W I T N E S S E T H <br /> In consideration of ten dollars and other good and val- <br />' uable considerations, receipt of which is hereby acknowledged, <br /> and rent, royalties, and covenants herein specified, the Les- <br />' i <br />i <br /> sor hereby lessee to the Lessee, h <br />gns, <br />e successors and ass <br />' the following-described real property found in Exhibit "A" <br /> attached hereto and made a part hereof, located in the <br />' Ey NEB NWk, Section 10, Township 34 North (Ute), Range 9 West, <br /> N.M.P.M., being the Montoya tract. . <br />1 1 <br />This lease 1s <br />ranted for a <br />rimar <br />term of ten <br /> . <br />g <br />y <br />p <br />years <br />t commencing on the 9th day of July, 1980, and ending on the <br /> 9th day of July, 1990, at 12:00 noon or until gravel is ex- <br />' hausted on said property, if that occurs sooner. <br /> 2. The Lessee shall have the right of ingress and egress <br />' through the leased premises for the purpose of removing sand <br /> and gravel and any materials suitable for use in connection <br /> f <br />h <br />L <br />b <br />l <br />i <br />i <br />h <br />' <br />i <br />h <br /> e <br />essor <br />ut s <br />nter <br />ere w <br />t <br />t <br />s <br />with its bus <br />ness, <br />al <br />not <br />' existing access on the said property. if the Lessee uses the <br /> present, existing, access road, such use must not interfere <br /> with the Lessor and the road must be maintained as it pre- <br /> sently exists allowing passenger vehicle traffic. The Lessee <br /> shall hove the right and privilege of setting up and eraotinq <br />' the necessary buildings, equipment or machinery for the opera- <br /> tion of suoh sand and gravel removal ~xc~pt no building for <br /> residence purposes shall ba erected on the premises. The Les- <br /> see shall be entitled to a reasonable time within which to re- <br /> move any and all materials, buildings end equipment, placed <br /> on the premises during the term of this Lease or after the <br /> <br />