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4 of 6 R 0.00 D 0.00 N 0.00 Elb~r4 Ceunty CO <br />termination shall remain and continue to be the obligations of the Lessee, and further providt:d <br />that Lessee Inay remove. its property farm the Leased Premises. <br />8.2 It is expressly agreed by and betwoen the parties that Lcssce shall have the right <br />_ to terminate this Agreementcn the event that the aggreg:ue in repose on these premises wilt not <br />meet the standards of the American Society of Testing Materials :u modified by the Colorado <br />State Highway Department and published in The Colorado State Highway Department Bcx>k <br />of Specitications as of 1981. <br />6.3 It is agreed that either Lessor or Lessee shall have the option of terminating this <br />Lcatc if Lcssce does not pay Lessor for a minimum of ZS,A00 tons of gravel per year. As <br />required ny Colorado law, this Lease is subject to the prior appropriation of funds by Lessee. <br />9. NOTICES. <br />9.1 Any notice required or permitted under this Lease shall be given in writing. All <br />such notices shall be served by either personal delivery or by mailing by registered or certified <br />mail to the following address: <br />Milton and Mary Ellen Ardrey <br />M&M Land Cu., Ltd. <br />Route 1, Bux 13R <br />Slatcn, Texas 79634 <br />Board of County Commissioners <br />of Elbert County <br />P.O. Box 7 <br />Kiowa, Colorado 811117 <br />9.2 Notices shall be effective on the date of mailing or on the date of pt:rsnnal <br />dC11VCrv. <br />LESSOR:' LESSEE: <br />M&hl Land Cu., Ltd, a Texas <br />limited purtnenhip <br />BOARD OI' COUNTI' <br />COMMISSIONERS OE ELBERT <br />COUNTY <br />By: By: <br />ilton Ardrey, Get er I Partt~cr o n Dunn, Chairman <br />By: <br />Ellen <br />Partner <br />4 <br />