Laserfiche WebLink
hUr cu Jr nun iu.ur WLU unuG ~nI1V ul.nuv fM1n fiU. JUJ UOU JIJC 1'. IU <br />• <br />10. Assranrtunt -The Leuee, with the written consent u(the Lesuar, will nave the riglu m utign shh leave u w Wo <br />enure leasehold mrcrest o(such Lessee in all ar Darr of the lands covered huthy, rise lest however, thin traces u( <br />spproxrmately forty (40) acrn or Covommenul lot co«espunding to a gwnerquarter union fog an yastial <br />aeugnmenl, and for approval of such avignmem the Lcs,or wJl make a charge of Ten Dollars ($IO.OV) for vp~ <br />one anignment. No uuggnnm<m of undnrJcd rmereus or wantron or maemuun o! overndmg royehits wJl br <br />recugnned ur approved 6y Le,wr, and the effect, ri any, of an such estignnunts of rcurvatiws will be svmdy <br />and only a between the peso thereto, end outride the terms of dos Ie.ue, and no drspum between Dante m any <br />such asngnmcnl or reservation shall operate to relieve slit Lessee Oom performance of any terms or rondiriom <br />httcol or to postpone the tints thutfor. Ltaur will m all rimes be entitled to look solely to nc~ Lessee or hu <br />usrgnee snows un m books n being the sole owner harof. and for the mnding of all nouces «gmrtd by niis <br />lasC. and Inv the perfnrm:mce of all terms and eondarons nereol. II m assignment of [bh Ivse. in whole or m <br />vart, is approved, a new Itnc will he issued to the usignee fur the batmen of the life of the least, covering the <br />lands assigned. Sard Icesc will be on the mmmg luxe form in use a the time of asH6rnn<nt. and hurtled as to tents <br />as said law rs limned, :end the assignor shall bt «I<as<d from all lusher ohhganont, end shall ht held m have <br />r<ktsed all rights and benefits rhaca(ter accruing wuh reopen m the usrbnrd lend. as if the same had nevn bew <br />e yon of the mbjaa matter of this lease. <br />I I Pros S.t1nB -Lessee agrees that wnile using and opeosrng any dmmond,chum, or other doll on or wdhrn uric <br />quarter mile of said premises, rt well kup an accurate log on all work ao done and performed, slsowsng gculuycal <br />formations p<ncuatcd, she dryth or Ud,, nos of ash, slit mined chuacter of earn specially mineral veins and <br />water bearing strata, the locatson of same, the elevation, and tie to a corner established by U. S. surveys of some <br />legal subdiruron, end each and every thing na<essary ro make a complete log of the hole throughuul its entire <br />deptn, a true copy of which said log well be fumithed to the Leuor. <br />II a understood andRpaarg«ed that the methods used m artyin[qI out any program of exploration, and she rice of <br />o~hercihan(drillus„oLessee w~Pl subrrutt rto lLcssoi whhrcnsrcporis show~ngcthercharacter and tsetse of prol3Pect ntgg~ <br />being cartied out on the leased p«mrses and giving any deudt of mineral nur<roppings, seems, and veim wh¢fi <br />may have been en<ouniucd; and Ltuur agrees thin during the temt of this lase all such mformarion supplied to <br />Cnror by Lnsee will «mam eonLdential and unpubhmed so far u eonastent with law. <br />I1. $urrendu and Rchn unhment -The lessee may at any 4me, by WY!ng the Stave of Colorado, acting throu6h ns <br />use oar n an nmmruionen, all amonnrs then due a proedrd berets, surtmdrr and cancel thst lu« <br />insofar as the vine covert dl or my portion of the lands herin Ieaud and De relieved from lmlher ohhgations nr <br />IubJiry hereunder with mpect to the lands w snrrendaed; provided, that no Wrtral surrender or cancelluion of <br />the leue may be (or let/ than met/ of apPmximaulY forty (40) acrn or Covernm<nd lot mucspunJing m a <br />gwrtequancr section, the rental being rc aced propuniommly, pwnded further, that [hu sunendcr donee and <br />option heroin reurred to the Lessee wdl eerie and become abanluldy inopemir< immediatelyr and concurrently <br />with the mnsmt,on of any wit in any coon of law by the Leuee, Lessor, or my wignee of either, to enforce lhu <br />lease or any of its terms, expreu or rm lied, but m no are wdl surrender he eftedrve until Lessee hu made full <br />provisrnn fM cmuerreriun of the mineraPs and protection of the surLu rights of the loud p¢miws. <br />All mformmi n in Pam¢n Dhs b and 11, above, must hauo 6tyn filed veim the Honed be(o« thu I<ne mar be <br />IermrW e . <br />1.3 If levee m~srue< nr euahlhha xny met nEEM fn. me lea,ed r«mrses, the point of surace divrrrwn or ground <br />wamr wuhdnwal of whmh a on the Irises premise. such ught will, if the surface ughrt n! Led rremrwv are <br />owned by lessoq become property of lessor, wdhout cost, a the temination of me Icaw <br />14. Pro«cnon a Jns). Surface 6ama c -Hood Re utremenu - Lesu<has the right ro utLLRt u much o[ the surfue <br />oTt lie ~d~u n necessary or mmmg openuons. ens 6 liable and egret to pay (or W dimeLes fo livestock, <br />growing crops, water wdb, reservons, or improremen[s, ceuud by Lessee s opentiom on rod lands. Further, rt is <br />undcntpod that this lose is panted subject to surface patents, deeds, and cendiate of Vu«hua, anJ lessee <br />assume rnponstbrhty for all eosins arcing Lam damages fo the surfau aused by lessee's opentiom on inch <br />lands. II rs agreed end undentoud that no opttaeons may be commenced on [he lands herernabore decribed <br />unlea uN umii nc~ Icssac ur hu assignee hu tiled a Good and sufOdem Dond wirh the Lessor m an amuum to oe <br />fixed by Icvor, to secure the prymem for such Qamage to Lvarock. crowing cross, water, or improvemen[s u <br />may 6e caused 6y Levee or his avrgnee's operations on vid lands. The Cessor mry grant relic(from she loregomg <br />bond requiremem upon applicuron (or wch «lie(Gom Ihr Leuee. <br />I5. IndemnifiemOn of Lessor -The Lessee (usthu specs to hold the lessor formless (or any and all mmna of <br />e erns annul g or to a from the said Inwd premssn by Lessee whethn from veil or wrfau subsrdenu or Gom <br />any gNer auw or any Diner nature whetto<vcr, this panpaph ss binding upon Leswe and upon the heeh assrRus, <br />auceeuors. and legal r<prnenrativrs of Lessee, end u e continuing obliptsun during and alter the expiration of <br />this lease, so Idng as any possihdrty of soJ or turfaa subsidence remairix <br />16. Ri t of R ~pral - In me event tNt lease is «rminatW by (orftitur<, sur«ndeq or me exp'vation o! term, and <br />ra~ob p~troni of [true under tlsia Iwc ass satssficd, [caste may remwc W his improvcmrnu and equipment <br />from the seid premises within six monslu Loin the date of such termination, and sorb nmoral mtut 6e accom- <br />lished without unoesessary route or rrtyury to the premise. All improvement/ and equipment remaining on me <br />Peaud premaes six monW after me termrnatron hcrtot wJl be !or(tited aulotnalically to me $tate of Colorado, <br />without cumpcnvnon. <br />i7. Cum fiance wish law - lessee further cor<nantt and agree slut during the eontinuanee of thu IaK it will (Wly <br />comp y wn a t < pmnnons, temu, and cpndisions o! all laws, whether $tue os F<dual, an6 Orden issued <br />shereundet whscn may be rn effect during the continuance nereol ttlating to mmmg or Omer operations of Letue <br />hereunder. <br />Ifl. Forf<dure - It it speed that i(fur any reason the l.esset fa8t to keep each and every one of me covenants herein, <br />an~uch default coNinues for a period of rhiny (30) days after service of written notice thereof by urufi<d <br />mail upon the serves by tys laver, nc~ Lessor hat the right to dadare titu leue lorf<ieed, and (o crime onto the <br />Ipsed premixa, or any part thereof, other with or wuhour process of law, and to axed, rtmove, and Dut out me <br />lrnee or any person octupyrng the premises, a such force as mey be necnsary to do so. In me event of the <br />temunuton of thu lase Dy rason of braU or the covensnv hc«in contained, the leutt will surrender and <br />pacably dWver up to the Lessor she above-0ncubed p«msset whtrh premises art to be m good mrNne <br />condition. If, upon tmminauon of thu least for any reason, whemer 6y surrender, (orfnmre, or expnwon og <br />term, or otherwue, Lesu<has not complied fully wtlh the Items of the lease, Lessor wJl hold and rttain poveuion <br />of the propery, imprwcmenu, and equipmerit of Levu, as secwity unto Lessor (or the paymtm o reset and <br />royalties due n, or to prmect n agam5l Penns, or to indemnify d against any Ions or d»ruge sustained by It by <br />reason o! the default o! the Lessee, !or whreh p~rpou Lessor ss herebyy even hen pon all tuck property, <br />improvements, and ayuipment, which lien wJl ouch as the vine ue pliced upon the premLUS. In the event <br />IeSSOI InteCIOSB the Iron m the article given to it by Lesue. Lessor may iuelf be a p~rchutr at any sale thtteaf <br />under such (or<clusure. Upon the termination of slier lose (or any cause, i( the Lessee remains in putussion of <br />card prcmnes, he well be gmhy of an unlawful duainm undo the sumle m such vu made and pro,ded. and he <br />well pe sub)'ect to all the muduions and prorrsrom Ihe«of and to eviction and tumoral. forcibly os othnwtie. <br />with or wrrlwul prottss of few, as above provided. <br />