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<br />- EXECUTOR'S DEED
<br /> THIS INDENTURE Made this 30th day of December, 1970,
<br /> by and between THE COLORADO NATIONAL BANK OF DENVER, as Executor
<br /> of the Estate of Otto Sanger, deceased, patty of the first part,
<br /> and COOLEY GRAVEL COMPANY, an Indiana Corporation, party of the
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<br />second part,
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<br />. WITNESSETH:
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<br />~~ -~ '. WHEREAS, the Last Will and Testament of Otto Sanger,
<br />z:v'. deceased, admitted to probate in the District Court of the County
<br />~._ of Jefferson and State of Colorado, did amongst other matters
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<br />contain the following powers and provisions, namely:
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<br />`~"""' "THIRD: I direct and authorize that my Executor,
<br /> THE COLORADO NATIONAL BANK of Denver, Colorado,
<br /> be allowed to serve without giving a bond; and I
<br /> further empower and authorize it to retain and
<br /> hold in i[a discretion any securities belonging
<br /> unto me at the time of my death, free of any
<br /> restrictions whatsoever; and I grant unto it the
<br /> full and unrestricted power and authority and
<br /> allowance to collect the income, rents, issues,
<br /> profits and increases therefrom; to hold, manage,
<br /> exchange, grant, convey, assign, give option to
<br /> purchase, transfer, lease, encumber, mortgage,
<br /> pledge, borrow upon the credit of, alter or change
<br /> investments; to satisfy any notes owing to me and
<br /> to execute releases for the security given for the
<br /> payment of the same; to improve, manage, protect
<br /> and to pay for insurance, taxes and other expenses;
<br /> or otherwise deal with or dispose of the property
<br /> 'of my estate, both real and personal, without order
<br /> of Court, and to enter into, execute and deliver
<br /> ouch deeds, contracts, obligations, releases or
<br /> agreements as may be necessary to carry out the
<br /> same, without order of Court, posting of addit-
<br /> ional bonds, or any investment restrictions what- ,
<br /> soever."
<br />NOW, THEREFORE, This Indenture Witneaseth, that the
<br />said party of the first part, in consideration of the premises
<br />and the further consideration of Two Hundred Sixty-ELght Thousand
<br />Seven Hundred Sixty-Three ($268,763.00) Dollars to it in hand
<br />paid by the said party of the second part, the receipt of which
<br />is hereby acknowledged, has sold and conveyed, and by these
<br />presents does sell end convey unto the party of the second part,
<br />its~.successora and assigns, all the right, title and interest
<br />and estate of the said Otto Sanger, as if sold and conveyed by
<br />him during his lifetime, in and to the following described real
<br />eat::te situate, lying and being in the County of Jefferson, State
<br />of Iolorado, to-wit:
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