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- 5 - <br />This Financial Warranty may be executed in multiple copies, each of which shall be treated as an original, but <br />together they constitute only one ageement, the validity and interpretation of which shall be governed by the <br />laws of the State of Colorado. <br />The provisions hereof shall bind and inure to the benefit oftheparfies hereto a~ theirsucce//ssors and assigns. <br />SIGNED, Sl?ALED AND DATED this ~~ day of ~ o2.Q'~O <br />Kagan & Son, LLC (SEA~L)~~~, <br />Operator i"~ ' " <br />By~ N <br />An rew 1 an and Rebecca M. Kagan <br />Title: Members <br />NOTARIZATION OF OPERATOR'S ACKNOWLEDGEMENT <br />STATE OF CO t0 ra~ 1 <br />~- <br />COUNTY OF C.U. Sre'2- ) <br />The foregoing instrument was acknowledged before me this day of ~kjit , by <br />Yv.~x+e~J as merv~~ewS of ~94n d- `.xr-~ Lam. <br />--v <br />R~e~ Yn , k~,ge~ <br />N Y PUBLIC ~~dc1 <br />My Commission expires: t1 ~ ~ r7 - ~~ <br />APPROVED: <br />By: <br />State of Colorado <br />Mined Land Reclamation Board <br />Division of Minerals and Geology <br />Division Director <br />Date: <br />M. dG]elt Hmtl.doe RPVISSDGf/I6W <br />