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-a- <br />If this Financial Warranty applies to lands under the jurisdiction of the State Board of Land Commissioners ("Land <br />Board"), and if this Financial Warranty, in whole or in pelt, is accepted by the Land Board as the bond required under its <br />applicable law and procedures, then, the Operatorhat~ing requested that the state accept this Financial Warranty in lieu ofthe <br />separate bonds which would otherwise be required by the Colorado Mined Land Reclamation Boazd or Division of <br />Reclamatiott, Mining and Safety and by the Land Board, hereby agrees that, notwithsiandinganyoiherprovisinn hereof, orof <br />law, this Financial Warranty shall remain in full force and effect until the Board is notified in writing by the Land Board that <br />the Operator's obligations to the Land Board, for which this warranty is executed, have been satisfied and until its release is <br />approved by the Board. <br />If all or any part of the Affected bands are under the jurisdiction of the Bureau of Land Management, United States <br />Department of the Interior, ("the BLM") and if at the request of the Operator on this Financial Warranty the BLM has, <br />pursuant to 43 C.F.R. 3809.1-9, accepted this Financial Warranty in lieu.ofrequiring aseparate reclamation bond payable to <br />the Urrited States, then, notwithstanding any other provision of this Financial Warranty, or of law, the Operatorherebyagrees <br />that this Financial Warranty shall not be released until the Board is advised in wrung by the BLM that the Operator's <br />obligations to the BLM, for which this warranty is executed, have been satisfied and until its release is approved by the Board. <br />This Financial Warranty maybe executed in multiple copies, each ofwhich shall be treated as an original, but together <br />they constitute only one agreement, the validity and interpretation of which shall be governed by the )aws of the State of <br />Colorado. <br />The provisions hereofshall bind and inure to the benetit of the parties hereto and their successors and assigns. <br />Signed and dated this ~~ day of ~k1'f ~, Z~~. <br />(SEAL) <br />Oprerat-or1Mount Sneffels Mining Company <br />By:W ~.. ~ ~~ <br />Authorized Si a urc W~r.t;~ ?. t`~laCk~l <br />~v'ektJEgl" u7r ~Ocucf ~w¢iaP~Sos?: 1,nc.1 _- -- <br />Title YY1aN~iljtrfC~ {~'.rN~~2Y <br />NOTARIZATION OF OPERATOR'S ACKNOWLEDGEMENT <br />S'LA'fE OF ~~~ t t'Dl 6~ j <br />} SS. <br />COU:~'TY OF 4~~____ j <br />The for'egoi~ng instrument was acknowledged before me this ~ day of July _, 20 0 7 , <br />by ~e ~ T 1'Yle C~c-G( as _ <br />* Mo~pt~ S effels Mining <br />q,~nt...U~ ~llargaret F. Lindsey <br />=~~ Commission # OD447918 <br />~'•~ Expires July 18, 2009 <br />~A, . .ma. ngrr,- n...n.. ~ eaamtme <br />of_ " <br />Company LLC ~ - -- <br />N01'A. PUBLIC: .a~ <br />pZ}• (`ommission expires:._ ~~ ,~ 6- <br />i _ -- <br />LLC <br />