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• I111111IIIIIIIIIIIIIIIVIIIIIIIIIIIIIIIIIIVIIIIII!IIII <br />369887 09/02/1998 1@144A 8~8@ P702 LSEAOR <br />4 of B R 0.00 D @.@0 M 0.00 Elbtrt Ceunty CO <br />~ ' '. termination shall remain and continuo to be the obligations of the Lessee, and further provided <br />.w. , <br />that Lessee may remove. its property form the Leased Premises. <br />- R.2 It is expressly agreed by and between the parties that Lessee shall have the right <br />_ to terminate this Agreement in the event that the aggregtue in repose on these premises will not <br />meet the standards of the American Socicry of Testing Materials to modified by the Colorado <br />State Highway Department and published in The Colorado State Highway Department Book <br />of Specitications as of 1981. <br />ft.3 It is agreed that either Lessor or Lessee shall have the option of terminating this <br />Lease if Lcssec does not pay Lessor for a minimum of 25,O~C1 tons of gravel per year. As <br />required ihy Catarado 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 Co., Ltd. <br />Route 1, Bux I:1R <br />Slatcn, Texas 79634 <br />Board of County Commissioners <br />of Elbert County <br />P.O. Box 7 <br />Kiowa, Colorado h0]17 <br />9,.2 Notices shall be effective on the date of mailing or on the date of personal <br />dCI1VCrV: <br />LESSOR:' LESSEE: <br />M&NI Lund Cu., Ltd, a Texas <br />limited purtnership <br />BOARD Or COUNTY <br />COMMISSIONERS OE ELBERT <br />COUN7"Y <br />ilton Ardrey, Ge er I Part er <br />By: <br />a Ellen Ardrey, General Partner <br />o n Dunn, Chairman <br />