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k <br /> MINERAL LEASE <br /> Lease made this--b��day of_MA _, 2001 between EUGENE G. GRIFFIN, <br /> County of Fremont, State of Colorado, herein referred to as Lessor, and THE COUNTY <br /> OF FREMONT, doing business art 615 Macon Ave, City of Canon City, County of <br /> Fremont, State of Colorado,herein referred to as the Lessee. <br /> In consideration of the sum of 10 dollars paid to her by Lessee, receipt of which is <br /> acknowledged, the royalties reserved herein, and the covenants and conditions contained <br /> herein, Lessor hereby leases to Lessee, for the purposes set forth herein, all sand and <br /> gravel contained in and lying on and under the following described real property in <br /> Fremont County, State of Colorado, containing 37.57 acres more or less: <br /> Beginning at the E Y. OF Section 23, Township 20 South, Range 71 West, of the <br /> 6'h Principal Meridian: <br /> Thence North along the East line of said section 23 a distance of 94 Feet, <br /> Thence N 87°18' W a distance of 325 Feet, <br /> Thence S 62°37'04" W a distance of 1407 Feet, <br /> Thence S 27°35' E a distance of 138 Feet, <br /> to the true point of beginning. <br /> Thence N 150 W a distance of 1275 Feet, <br /> Thence S 62° W a distance of 1410 Feet, <br /> Thence S 23' E a distance of 1240 Feet, <br /> Thence N 62° 19' 39"E a distance of 1231.28 Feet, <br /> back to the true point of beginning. <br /> Circumscribing an area of+/- 37.57 acres. <br /> Such real property being referred to herein as the demised premises. <br /> MINING RIGHTS: Lessee shall have the exclusive right to mine, extract, and <br /> remove: all economically recoverable sand and gravel in or under the demised premises <br /> for the exclusive benefit and use of Lessee, and to conduct such mining operations by <br /> such method as Lessee shall determine. <br /> Lessee shall have the unrestricted right to use the surface and subsurface of the <br /> demised premises for any purposes in connection with its mining operations on such <br /> premises. The right granted Lessee hereunder shall include, without limitation, all <br /> mining rights, privileges, fianchises, and immunities of every kind of nature whatsoever <br /> that are necessary or convenient, or that Lessee in its judgment shall deem to be <br /> necessary or convenient, for carrying on mining operations, or for mining, extracting and <br /> removing, all sand and gravel contained in or under the demised premises. <br /> I <br />