REV94098

• Permit No: M1976051
• IBM Index Class Name: Revision
• Doc Date: 10/1/1986
• Doc Name: REGULAR 112 PERMIT APPLICATION FORM
• Type & Sequence: SO1
• Media Type: D
• Archive: No

ERHISIT 0
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L E A S E
THIS AGREEMENT made and entered this 1st day of
March, 1986, between Charles E. Hogue and Margaret E. Hogue,
parties of the first part, and Cecil E. Bettger and Kenneth
D. Hettqer, parties of the second part:
WITNESSETH, Whereas, the parties of the first part own
a tract of land described as follows:
A gravel pit located in Section 4, T6N, R85W, more
particularly described as follows:
A Parcel of land located in the SWh of Section 4, T6N,
R85W of the 6th P.M. Routt. County, Colorado more particul-
arly described as follows:
Beginning at a point from which the West h Corner of
said Section 4 bears N 60°59'47" W. 1593.19 feet thence S
33°13'47" W 165.04 feet thence N 56°54'57' to 273.26 feet
thence N 02°56'22" E 598.60 feet thence N BS°27'49' E 477.11
feet thence S 19°12'10" E 385.95 feet thence S 04°43'45" E
505.80 feet thence N 56°56'45" W•429.32 feet to the Point of
Beginning. Said Parcel containing 9.91 Acres, more or less.
•

~:.. .. , __~..i,.:. ,
NOW THEREFORE, In consideration of the rental herein-
after provided, the parties of the first part do hereby
lease and let unto the parties of the second part said
Gravel Pit above-described for the purpose of obtaining
gravel for a period of one year commencing Eiarch 1, 1966,
and ending February 28, 1987, with the option of parties of
the second part to renew said lease for one additional year
by giving parties of the first part sixty (60) days written
notice of renewal and the rate per cubic yard shall be
negotiated.
It is provided that during the term of this lease, said
parties of the second part shall have the exclusive right to
obtain gravel from the above-mentioned pit.
It is further provided that•as a rental, said parties
of the first part shall receive thirty-five cents. (.354)
per cubic yard for all gravel removed which shall be paid
quarterly during the term of this lease. Parties of the
second part agree to keep correct records of all gravel
removed.
It is agreed and understood, that parties of the second
part will be responsible for all costs and liabilities in
the operation of the removal of said gravel and shall hold
parties of the first part harmless from any liability.
Parties of the second part agree to pay all costs for
work done by them on the premises which may result in liens
on the interest of the parties of the first part. Parties
Hof the second part will keep the premises free and clear of
all mechanic's liens and other liens on account of work done
for them. The parties of the second part agree to and shall
indemnify said parties of the first part free and harmless
against liability, loss, damage, costs of expenses, inelud-
inq attorney's fees, on account of claims and claims of