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h. Rights~f--way as granted to Colorado Interstate Gas Corp. as set forth in <br />instruments recorded November 19, 1973 in Book 703 at Reception No. <br />1625016, and November 17, 1975 in Book 753 at Reception No. 1674723. <br />i. Right-of-way as granted to Panhandle F~stem Pipeline Co. as set forth in <br />instrument recorded December 2, 1975 in Book 754 at Reception No. 1676875. <br />j. Right-of-way as granted to Mountain States Telephone and Teleg2ph Co. <br />asset forth in instrument recorded June 7, 1985 in Book 1072 at Reception No. <br />2012673. <br />k. Right-of-way as granted to IQV Front Range Gathering Co. as set forth in <br />instrument recorded August 13, 1993 in Book 1397 at Reception No. 2346144. <br />I. Right of way for county roads 30 feet wide on either side of section and <br />township lines, as established by the Board of County Commissioners, Weld <br />County, recorded October 14, 1889, in Book 86, Page 273. <br />m. Taxes and assessments for the current year, payable January 1, 2001. <br />IXCEPTING AND RESERVING THEREFROM: <br />a. Water and water rights evidenced by shares in the Brighton Ditch owned <br />by D & 5 Mining, Inc which may be appurtenant to the Property; <br />b. The right to receive, and the obligation to return or refund, rentals and <br />royalty payments under the existing Lease Agreement dated August 15, <br />1996 between D & 5 and Richardson Contracting, Inc and the <br />Assignment, Amendment and Consent Agreement dated Aprii 20, 1998 <br />("Mining Lease's until 12:00 midnight on August 15, 2018. <br />c. Any and all minerallnterests (excluding sand and gravel) currently <br />owned try D & S Mining, Inc. <br />d. Any deep bedrock (Senate Bill 5) groundwater. Excluding therefrom any <br />right the owner of said groundwater may have to enter upon the Property <br />to extract said groundwater. <br />also known by street and number as: vacant land; <br />Page 2 of 3 <br />