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whereas obligations guaranteed by this bond shall be in effect for the follcwing described lands approved as the permit arse or increment upon which initial or succsodinq operations will be conducted . S; Nu} NW}, S!.'! NN}, 1;; 5~1}, SE} SW~, AND PART S} SW} SE} ALL IN SECTION 16 ar,0 Si NF} NE}, SE} "!E}, E~ SEi SFCTICT: 17 and Dart Of N~} !; F} NE} SECTION 20 and Part Of NN} Np'} N~} SECTION 21 _Townshio Q North, Renoe 24 East, LeFlore County, Cktahoma how therefore, i! the obligor. frithfully completes sli reclsmation and abatoment requirements set forth in the Act, in ]0 CFR Chapter vIi, and in its permit, including the mining and reclamation plan, then this obligation shall be voidt otherwise, it shell ratan in in full force and effect: (a) beginning on the date of the approval and issuance of Permit No. 0~:-002A and extending until all reclamation, restoration, and abatement work pursuant to the Act, 70 C.F.A. Chapter VII, and the psizuit I)as barn eor.,pleted to the satisfaction of o5MRE1 and (b) until the bond is released pursuant to 70 C.>'.R. So0.~0, replaced in ^ccordaneo with 70 C.F.R. 000.70, er until t1~t permit has been sold, reassigned or otherwise transferred in accordnnce with ]0 C.F.R. 77a.17t and, ' (c) extending for a minimum period of 5 years, notwithstanaing the requ~~smsnte of sub-paragraphs (a) and (b) abovo, it bnirq Eurehar undcratscd that it ll,• OLllyur performs nny aurpmented seeding, fortilization or other supplemental zaclamation worx on the ^its grior to bond release, the period of linbility under this bond shall begin again subject to the exception lou~t~ in 30 C. 1. R. 816.116{e)(a) Or s17.116(e)(a). The failure of the Obligor to fulfill the obligations specified by the Act, ]0 C.F.R. Chapter VII, and its permit, shall result in forfeiture of the collateral gostad with this indemnity agreement according to the procedures dasCribad in 10 C.1r,R, s00.S0.