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3. Section 2.3 <br />Section 2.3 is mcdified by the addition of the following <br />language: <br />"Should the Option terminate without the exercise <br />of the purchase option by Buyers, Sellers shall have <br />the optics to demand and to receive a re-assignment <br />of their mining permit(s}, free and clear of any out- <br />standing or unresolved violations, fines or enforcement <br />actions, which it shall be Buyers' obligation to timely <br />cure prior to re-assignment. Any bond posted by Buyers <br />shall be returned upon the provision by Sellers of a <br />substitute bond to the State of Colorado. Sellers shall <br />have the right to consent to any changed final use of <br />the land proposed in any permit amendment by Buyers or <br />t::e_r assignees." <br />4. Se,--;.,n ~,,~ <br />Change the first two lines to read: <br />"Buyers shall indemnify Sellers, and shall hold <br />them harmless from any claims, demands,...." <br />5. ect'o %.! <br />Section 7.1 is modified by the addition of the following <br />language: <br />"Sellers, by their written consent to any assignment, <br />do not waive their right to consent to any future or <br />additional assignment, which right shall continue." <br />No further changes or additions are made at this time. <br />Dated this ~~day of March, 1995. <br />SELiERS: ~ <br />V <br />arry Covey <br />Astrid L. Covey <br />BliYERS: <br />.~ ~~ <br />~b y ~bn er <br />2~~~~ ~-- <br />n H. Oh <br />E1, rn lcov.yS.amA - 2 - <br />