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<br />-4- <br /><b) If this bond applies to lands under the jurisdiction of the <br />State Board of Land Commissioners ("Land Board"), and if this bond, in whole <br />or in part, 1s accepted by the Land Board as the bond required under its <br />applicable law and procedures, then, the Principal and the Surety having <br />requested that the State accept this single bond in lieu of the separate bonds <br />which would otherwise be required by the Colorado Mined Land Reclamation Board <br />or the Division and by the Land Board, hereby agree that, norwlthstanding any <br />other provision hereof, or of law, this bond shall remain in full force and <br />effect until released by the Land Board. <br />(c) If ali or any part of the lands subject to this bond are under <br />the jurisdiction of the Bureau of Land Management, United States Department of <br />the Interior ("the BLM"), and if, at the request of the Principal on this <br />bond, the BLM has, pursuant to 43 C.F.R. 3809.1-9, accepted this bond in lieu <br />of requiring a separate reclamation bond payable to the United States of <br />America, then, notwithstanding any other provision of this bond, or of law, <br />the Principal and the Surety hereby agree that this bond shall not be released <br />until the State is advised in writing by the BLM that all reclamation <br />requirements of Federal law and regulations have been fulfilled as to such <br />lands. <br />(9) This agreement may be executed in multiple copies, each of which <br />shall be treated a° an original, but together they constitute only one <br />agreement, the validity and interpretation of which ;hall be governed by the <br />laws of Colorado. <br />(10) The provisions hereof shall bind and inure to the benefit of the <br />parties hereto and their successors and assigns. AA <br />SIGNED, SEALED AND DATED, this day of Fd 1995. <br />PACIFIC BASIN RESOURCES, A Div. of P.O. Box 535 <br />Oxbow Carbon & Minerals; Inc.($EAL) Somerset, Colorado 81434 <br />Principal Mailing Address <br />By <br />Brian L. Acton <br />STATE OF C~a,B.~ > <br />ss. <br />COUNTY OF axp.,tx,h~e4, ) <br />The foregoing instrument <br />~..r,,.i,ii, ~1i 95 by <br />P.k.~.A~,,,.~ of <br />My Commission expires: <br />3~1 g~ <br />acknowledged before <br />;~_ <br />thi s ~_ day of <br />