2004-11-09_REVISION - M2000016 ‎(2)‎

• Permit No: M2000016
• IBM Index Class Name: Revision
• Doc Date: 11/9/2004
• Doc Name: Exh.K thru S and Addendum 1
• From: Lafarge West Inc.
• To: DMG
• Type & Sequence: AM1
• Media Type: D
• Archive: No

5119199
MARGARET V. MORTON

ROBERT 7. STEVENS
LARRY L. STEVENS
OPTION TO LEASE GRAVEL PROPERTY
AND RIGHT OF FIRST REFUSAL
THIS OPTION TO LEASE GRAVEL PROPERTY AND RIGHT OF
FI T REFUSAL (herein called "this Option") dated this fg day of
1449.
1. In consideration of the
the undersigned Margaret V. Morton, Robert J. Stevens and Larry L.
Stevens whose mailing address is P.O. Box 693, Fort Lupton, Colorado 80621, and
whose street address is 11778 Highway 52, Fort Lupton, Colorado 80621 (herein
collectively called "Grantors"), for themselves, their heirs, personal representatives,
successors, and assigns, hereby give and grant unto Mobile Premix Concrete, Inc., a
Colorado corporation (herein called the "Company"), its successors and assigns, the
exclusive right and option to lease for aggregate, concrete and asphalt batch plants and
for the extraction of stone, sand and gravel and other materials as hereinafter
identified, at the royalties, for the term, and upon subject to all of the other terms and
conditions set forth in the form of lease (herein called the "Lease") attached to and
made a part of this Option, all of that real estate (the "Property") situate in Weld
County, Colorado, described in Exhibit A attached to the Lease and by this reference
made a part of this Option. The materials which are the subject of this Option and the
Lease are referred to herein as "Materials" and are stone, sand and grave] and any
overburden and valuable solid minerals, other than hydrocarbon minerals such as coal,
oil, gas and associated liquid hydrocarbons, that are removed incident to sand and
gravel operations hereunder and which are saleable and recoverable in the course of
such operations.
2. Grantors acknowledge that they have received from the Company the,
foregoing sum as inrt ai 1
consideration for the granting of this Option. In order to maintain this Option in
effect, Company shall pay Grantors further collective
ayable on or before the end of the
5 day of each month. If this Option is exercised, all Option payments paid by
[/Opt. Lest Gravel Prop.] g/~ 9/99