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ecified d g <br />'i` ~ vc sP arm <br />tic <br />t Irons said premises said minimum anmvnts abo a royal % <br />ecstood that the above sums oCx I du ng such yes <br />not cxtrnc rovrdcJ o <br />essee dots nevertheless o[ whelhet mioerals are anc~a {te~einaftcr p <br />Ia the event Ihai said L rvsbi¢ to the Lezso the Y <br />cacti least Yaar oC ther `jr~nm duerrand ~ •" Is em for which such minimum roya 1Y <br />Cor the }'eaa slated, : illy will rte e+eJ'ded uPU^ the Geri roYallies r <br />rcndscs and su1J or milled durin6 ally the tollowistg~ <br />- but that snch minimum advance toy to Lessor as roY <br />nr(oeralsaeln;dly Profit+¢ed (runt said P ssee agrees to pay <br />was pniJ' r hereby +c5crves and u <br />Lesser <br />Pcodnctivn Ro alt see attache) scf+edu e. mater a5 sobld <br />2' pot Eisslmrab}e materials -- ~ ~ ~ of the gross YaR+e at the mill or b Y <br />writing <br />- (a-l) _.. - tines received tot t <br />A rant equal to'~~-c othe[wise agte¢d' bn <br />a on <br />to materials- essee will fuxmelt evidenaelesstp caress mi o uyings ti ' <br />costs. L easonnble and fail. Un the n d^cbrg eadr calendar <br />(s,2) For non-Lssionab am~orlai+at ate r Gum the mh+e tv a sofd <br />fens rcasonabk : es deducted es wJl be all lots oC oc s <br />and lr?^%P bedudableatg nsportal[un cls rS price mceived for <br />' the Bo. d use the waigt`mJ avc+ag <br />Ilssee may ve s ecified minerals mine onr^as Ilia <br />mm+lh Period. ~Zppp~) of ll+e abo P a, oar period fur so 6 herein <br />eve[ of each and every (iv Y se the p <br />~G_ Cor each cord y ton cceed(ng <br />v+d Commissioners may roai'ppm <br />A sum of A~ ctrl finis Pxiuc ut the tenninahon a1tY lobe paid acing each Y¢ stub cct lies lease to <br />d rv m <br />(b) e(fecl, the Slate Board o[ L <br />premises. wnhin Y sroduction roYalt tale set by the B°°td rttay 1 <br />lease remains i^ tlermia¢ the P,ttC u(f toy Y <br />wti + a+t ihe Board. <br />leased and hz and d. wntlcn +wtiue by or minerals <br />hve-year period. Failure to comply <br />sued for alt minerals sold. Such r^Y'alty is due an <br />cmtcclMalmn by thirtY'daY (( <br />ro of aPi calends[ monl(t durin&ihe tem+ o(ibis (ease <br />If requested by Leuo4 Lessee i S ~~hf (25th) d~+Yrrcceding calendar month. I„¢ssee. <br />. nnrrar;d su said. Tl+~rated by mine <br />Lessee dunug the t the Leuee cot any <br />payabfc on or befo`alsofd bYtY n meat received by Vant or mill usvn¢d and op <br />removed, mnmcreiatP have been Gushed and~airtepd in <br />Hoped, to 4' Y Cnslom oI c erties until they <br />alt payments slwll aPPIY be mihed in a Haled minerals anJ other mi^ert tltenlaboralor~ <br />RoY Y remises may ve desig les are to be assayed a teat + <br />not be mixed or comnfingled with nets fYOnt of teC Pr a showing t <br />Crom the leased P ereinabo I santp , he courents oe tin <br />p~hcy may. ur osa oC dcedrbyining the h eerhfieach come In the <br />ire safvng milting of same. The ecru ling 90 Bays. <br />by the null foe the P P ra demand an arse u1 of oi~te sample Cor t s g. <br />the crude oce that may ~ eriod of more than nicety (. <br />Cot a osite sample Is to Uc referred to nn unr}n*a <br />the mill where ore is nidl¢d and (-~ssor n Y <br />used by tlw Lessor, the mill is to rese[ve a P P <br />C the umP m11. Lessor wi 1 have the rigl+i <br />delivery to mill. If re oesteJ by d+ trepared Crorrr each upmPe wilt be bmdink r~pO11 lrohcater scale weight <br />provided, howaute~asa~ t~salysils, ih¢V}c ybj+gcd to keep pu1P . <br />will be determined at [}re scales nl lbc i <br />event of a disP wilt Gumish Lessor `v~wisia s are carved out by <br />to Lesso[ and Lessee and ihe deternrhtalion o <br />wei 1d basis a to see float tl+e Coregmn6 V <br />accepptable Je ore on a dry- g. dcmns a ~cou ~teblRUee d <br />Wcignt of the cru aftmr as it throu h other imtl c <br />the weights as and will lie I+e1J to the premises herein demise . <br />to check Lessee agrees to,, nn}oced Cro franc the lands hereby leas ml ores n+ineti <br />certiGcales. ceive mmemis p [t ores ¢~ carrYCand UansP bv'rded, <br />^dtis as re carry, and lmnspo hl to rats vend by this lease: except a5 <br />such mi6 or nine, raise, a¢~ and the rig h the fends cn <br />s ¢c has llte right to ^ eased by ilio Le the Lessee over err lhroug . <br />The l.n. S wncd or 1 leased b}' ed with vre ^+med Crom Ihcse {eased prnnrses, +tol he <br />. ^ow oc hereafter o ow++ed or event rnix <br />e cent assignment i+C[Ca ^la <br />Lessee from olhe[ lends then lands ::re m tw subs 4 e notified <br />crl that this lease or any __ _ _ Lessor n+usl b <br />that the ores mine) Croat ° _ ll Is ogre y ~ e to cancellation try <br />provided above. eeds~-"'~ rrb~ect tins leas _ ,_ , <br />a1[ Umitatip^s +¢ ale at ugtich ezu ve mays J <br />1, pvesridin R^ ro 'r4ties Lhe aQg g~ _ _ - acrd the weight <br />bard-wed with o[o 2adt16 accruing tv this lease, Violation of ihe n . <br />of all overriding Y remises arc to b¢ ac(g1rPd <br />said P sec by Lessee. <br />onlh dunn <br />ndncr•.ds mined mid btken tom <br />exact <br />Lessor. ed Llm( all ecords kept for snub pnrp^5[h day ^f ¢aclt anJ everWltrnh ihe <br />tits ' It is ogre r before the 2 b Lessm, rn calendar <br />q \Yci reed that on o during the paceding f(ssee <br />lrer obis lobe entered in due Sortn i~t weig t r l <br />tm,il is erg curl on Coons fuitiahe1 Y <br />sworn s P reins ~slandsod <br />Aster operations are beg ue for dm moot +. Tart rera comer <br />the Lessee will make a from sat P <br />5. lie arts - full Payment for all ro Y <br />t to term of this lease minerals miucd mul removed <br />sn+ed nY fall workings' wilgal{iccnsed engureer o+r surveyor. <br />ant in weigh[ of all ++d accomD• urveY o. this lease the <br />anrn ¢ enterea ~p or blueprint of s subdivuiott, certified to by <br />lh are to o tluough a°Y <br />coon annually of scone land at all limes during the conlinu;nree ° and take <br />must furnish ro ter boors and to their acN' scect~ grvey <br />Untied Stales snvcYs ~P p ! d to check stew+sd to examit+e, p records <br />established by it is agreed that dos'^g' rs ;mihoo ze aid Premises, wei hl sheets and for said <br />Ins eclion e^[ or agents' ies of rill booV.S and R 11eocssa y <br />b, authorized a6 enip s or workings is of cop <br />rust or its duly shafts, oP g '. make exttac and ll+nt all corrvenicrtu <br />of Iha s1oP¢s' entries, lv eznmuro anJ the lcase8 premises, eel this Ica e t <br />the Lessor. ranU t Y subs-, <br />way the mineral ouyrut tumislmJ to era r- <br />measuretnems of the same an s of this (~---r <br />which show in any F the rovision when good <br />impeclion, survey, o[ examsnation arc to ~ 1 <br />Failure la coot d' with a++ o oat be well ti'I+lti rk ( i <br />e PL d <br />1 , tree , <br />Metlyods and tunnels m wi <br />foe. floc ne <br />Mim^ inerals are not ezhaustedni 5 <br />d melt <br />4. ~3'iion. n pit workings, all shafts, nherre em rolcded age n t <br />cane mid op¢ t workings, w e to be P wish Ro ~ cons o <br />rou++d erin all arts u on ~il wo[kings err a which is'm keeping ossib e m <br />fn ll+e underg round and n ed in a mane i the [cale5t p l C <br />' mining re9uires limb g) and F they mast be c+ack _ <br />rte materiaVS¢~+TS'a~`t~oc~r, used as will it+sme the txtracGon o[ g ~v<rtlcal <br />water wad Wa ds o[ mining m^st be renevet <br />and s4ueezes. IC sttetl+o mctice. ¢ a not l +"arc than one(oYo~t <br />Such n cod uunin6 P ovations to a ratio of n el art of the nP <br />oC nmm~g. revailing 6 its or exc becam the pits or excavations be <br />C n11 surface p n is to o case alai t entices will <br />mil+erals consistent +'itfrlP sides o distmtce. Such slaPrugdrain. and in n <br />tees to slo{{ a se the land will, as nearly as <br />}scree erg feet (2) oC horizontal are to be shaPEdAli material mined amt not removed tom t to p <br />Cor each twoalf pits or excavations llveslock. t¢rmittation of this~nmage to the surface. <br />hazard Ao Pcrs°tsx or surrender,, or m of Pem}anenl mhup ro rams in <br />praclicable.become a e »raliml' wdh a minima of rv used <br />.allowed to its so that at the %lf oralimt, l tans and ma 5 <br />be used to Pill fhe pmale its Dogma( can B snbmi ublic <br />file, approa ce Pgth~r a tees to n erauons' ~ over Bald premises for P <br />p[aCllea Less l re r0'anee t In the rights <br />win lh¢ Board aware u ht to grant rights-oGw. Y c sublet <br />~ pcon re nest f ac rim 'e [till ¢svcs the fig but such grants arc to b <br />"dvance ?o t-rat t re error res Lhi<. <br />?~ _ Il is agreed that the L diKh, acrd canal lines, v ions of <br />Ri tits-of,wa lelegrnph, lcleplronc' ssee under lbc Pro is <br />older. ven to the I:e . or to such other addros~ <br />roads, railroads, P ennitted to be &+e inning of the leasC Full tom <br />of the Lessee. aoti<¢ required or P al the b g e deentcd call+crent and 'te Board a <br />It is ergreed that any nil to il¢ address set fo[t ct by snail will b addressed to Sta <br />Notices - certified n • to Lessor v+d such servi <br />easels to be sent by rice to Lessor is to be given in like mamte , <br />as Csssee may indurate in writing <br />Nance with the terms of tins leases Nv <br />Rant Commissioners. Iyenveq Colorado. <br />