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09/11/2000 14:48 FA3 2148818558 CbP ~ GYP EAGLE I000T/007 <br />• V • <br />RECEIVED <br />Schedules NOV 0 1 1000 <br />Division of Minerals and Geology <br />Ezceptions <br />1. Assignment of Royalty Interest to Robert J. Lickus recorded May 29, 1985 in <br />Book 415 at Page 3 ] 0 as Reception No. 311584, which royalty interest has been further assigned <br />by the following itutruments: <br />Assignment of Royalty Interest to Kim C. Harden recorded April 7, 1989 in Book <br />503 at Page 788 as Reception No. 399974, <br />Assignment of Royalty Interest to Barbara A_ Collins recorded April 10, 1989 in <br />Book 503 at Page 886 as Reception No. 400072. <br />Assignment of Royalty Interest to Alice Condodina. <br />2. Inclusion of the Property in the Western Eagle County Metropolitan Recreation <br />District by virtue of an order dated December 16, 1989. <br />Paramount title vested in the United States of America, <br />A. Conditional right to lea.+e the mining claims identified on Schedule A as Pat <br />1, Pat 2, Pnt 3, Pat 4, Lisa 1, Lisa 2, Lisa 3, and Lisa 4, which lease would expire not later than <br />December 31, 1998, as contained in Amended and Restated Gypsum Supply Agreement dated as <br />of January 1, 1988, by and between Eagle-Gypsum, Ltd., and Ideal Basic Industries, Inc., e <br />Delaware corporation. <br />5. Grantor does not warrant or represent that it has made a discovery of a valuable <br />g»neral on each of the unpatented mining claims which comprise the Property for the purposes <br />of the mining laws of the United States or State of Colorado. <br />6. The lien for arty real property taxes due upon the Property for the yeas 1997 and <br />thereafter. <br />r <br />i•~ <br />n~ <br /> <br />i Iillll VIII llllll lil~ll III Illill lllill III "III Illl I'll <br />61s~f30 02/Z0/1097 04.12P 13719 P699 309 <br />7 of 7 R 60.7 D 0.00 N 0.00 6a/le, Colorado <br />c:~onrnwuaL~encrvxix:.. <br />