s B 1165 RSC 02109296 DE/Ot/B7 1209 y9.00 1/003
<br />P 1138 MARY ANN lEUHRETBIN CLERE i RECORDER NBLD CO• CO
<br />AR21O~'*
<br />LEASE AGREEMENT
<br />iNIS LEASE, made and entered into this let day of
<br />May 1987, by and between JI::IE 11. LEIIR, with a mailing
<br />addzess of 3254 held County Road 120 Longmont, Colorado HO501,
<br />he rcinafCCr called "LESSOR, and ANDESITE ROCK COMPANY, a
<br />Colorado Corporation, with a mailing address of 71] South pillips
<br />Street, Sioux Falls, South Dakota, 57117, hereinafter called
<br />'LESSEE".
<br />I2ITNESSETII
<br />1. Grant: Subject to the terms and conditions of the
<br />Contingenc}• Option described Ln paragraph 2 hereof, the LESSOR,
<br />in consideration of the eonvenants and agreements hereinafter
<br />contained, has granted, demised, leased, end let and by these
<br />presents does gran[, demise, lease and let exclusively unto LESSEE,
<br />its successors and assigns, the following described reel property
<br />situate, lying end being in the County of Weld and State of
<br />Colorado (hereinafter called "the Leased Premises', and further
<br />described in Exhibit "A" attached hereto and incorporated herein
<br />by reference. ~<i th the exclusive right end privilege to mine.
<br />extract, store, stockpile, remove and sell all of the ^and, gravel,
<br />and b}•-product materials incident thereto, (hereinafter called 'the
<br />Lcasc~ Subatancca', in, on or under tlic Leased Premises, together
<br />~: ic:n the right to remove any and all topsoil or overburden above
<br />the Leased premises, [he right to use so much of the surface o[ the
<br />:.cas~•~ premises as niay be necessary or convenient In the construction
<br />o: gravel plants, concreto and asphalt batch plants, together with
<br />the right to construct roads, bri 9ges, and ponds, together with [he
<br />r.yhc to install, store, and locate equipment of all kiros for any
<br />~~r ,ore o! said purposes, and the right to erect suitable buildings
<br />:vr offices, tiro rk nen, equipmene and repair and storage and ehc
<br />Iran s;,ortaeion euJ ahrpmant of the Loaoad Subatencoa.
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