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<br />8. During the term of this Agreement, Lessor shall pay all property taxes assessed on <br />the premises leased herein promptly and before they become delinquent lu the event Lessor <br />fails to pay said taxes when due, Lessee is hereby specifically authorized, at its sole discretion <br />and option, to pay said taxes and Lessor hereby agrees to reimbtuse Lessee for any costs and <br />expenses incurred as a result of making said payment on behalf of the Lessor. In the event <br />property taxes are increased during the tens of this Agreement, as a result of the sand and <br />gravel mining operations on the subject properly, Lessee shall be responsible for and pay slid <br />increase in property taxes. <br />). Lessee shall be responsible for and pay any and all severance taxes clue and owing <br />from sand and gravel mined on the premises by Lessee. <br />10. Regarding Llre aforesaid property, Lessee shall have only those rights and <br />privileges directly contented and related to the wining removal of sand and gravel tberefiom. <br />Lessee shall have no authority whatsoever regarding the use or exercise of any other rights iu <br />and to said property. <br />I1. Lessee shall have the right to stockpile or store sand and gravel on tBe land <br />belonging to the Lessor which is adjacent to the above-described premises at any point <br />nmtually agreeable to Lessor and Lessee, and Lessee shall additionally have the right to <br />remove such sand and gravel so stockpiled or stored at any time during this Agreement or <br />within one (1) year after the ternunation of this Agreement. <br />12. This Agreement shall be binding upon all heirs, personal representatives, <br />successors and assigns in interest of each respective party hereto. <br />IN WITNESS WI-IEREOF, the patties hereto have set Uieir hands and seals at Walden, <br />Colorado, on the date and year- first written above. <br />L)iJSS012: <br />ROCKY MOUNTAIN RANCH, LLC <br />By: <br />LLSSCIJ: <br />COUNTY OF JACKSON <br />STATE OP COLORADO <br />By: BOARD OF COUNTY COMMISSIONERS <br />JACKSON COUNTY, COL012AD0 <br />N'aidawner, (;Bauman <br />Richard F. Wyatt, Com ssioner <br />Detu 's V. Brinke , missioner <br />ATTEST: <br />CilZti~cr ~/~*~~~ <br />Charlene T. Geer, Jackson County Clerk <br />and ex-officio Clerk to the Board of County <br />Commissioners of Jackson County, Colorado <br />