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TATE OF COLDRADO <br />C <br /> <br />MINED LAND RECLAMATION DIVISION ~'--~ ~ ~ y ~-- s• <br />Department of Natural Resources <br />7773 Sherman St.. Room 275 <br />Denver. CO 80203 <br />303 666-3567 <br />Fq x: 303 832.8706 <br />Permit No. C-81-018 <br />4AR 0 2 199% <br />Mined 2nd <br />COAL RECLAMA7IOf1^BQND:+~~.- -~~--~-• <br />FOR USE WITH CERTIFICATE OF DEPOSIT <br />FEDERAL MINES <br />KNOW ALL MEN BY THESE PRESENTS, That <br />pF Cpl <br />1~.~. is <br />Fir..(~~.'.~/~ .c <br />. ~e~ <br />Rq Romer. <br />Govenar <br />Fran R. Banta. <br />Dniaipn DirEttor <br />92-04-29-0~. <br />':lestern Fuels-l;tah, Inc. <br />of the County of 'e=rersen in the State of ~olcrado as <br />Principal (hereinafter "Principal" whether one or more Principals), is held <br />hereby and firmly bound unto the State of Colorado ("the State") and the <br />United States/Office of Surface Mining Reclamation and Enforcement (OSMRE), in <br />the sum of ttaenty-two thousand four hundred <br />eichty nine and 00/100 DOLLARS ($ 22.484.00 ) <br />for payment of which sum, well and truly to be made, the Principal hereby <br />binds itself and Its successors and assigns firmly by these presents. <br />Principal has caused ~io Blanco County Bank of <br />Rannely State of Colorado ("the Bank" <br />to issue Its Certificate of Deposit' No. 2989 dated <br />February 26 1991 payable to State of Colorado Mined Land <br />Reclamation Board and United States/OSMRE,f~i ,rthe amount <br />Of twenTV t~.ao thousand `our hundred eichty UOIldrS ($ 22.489.00 ) <br />and has delivered it to the State, to be held by the State as Surety ("the <br />Surety") for the faithful performance by the Principal of the Principal's <br />obligations to the State and the United States/OSMRE evidenced by this bond. <br />Upon termination of the Cooperative Agreement entered into between the State <br />of Colorado and the Department of the Interior, all bonds shall revert to <br />being payable only to the United States (OSMRE) to the extent that Federal <br />lands are involved. The Bank 15 not a party to this agreement; its <br />obligations are set forth in its Certificate of Deposit. Nothing in this <br />instrument diminishes or qualifies the Bank's obligations under its <br />Certificate of Deposit. <br />WHEREAS, the Principal has applied for a permit to conduct mining and <br />reclamation operations on certain lands in Rio 9ianco County, Colorado <br />which, for convenience of reference, are described as~follows: <br />See "E:ch i b i t A" <br />• <br />Certificate of Deposit must be negotiable, payable to <br />United States/OSMRE and, unless the issuer waives the <br />payment prior to maturity, must have a maturity date <br />after date of issue. <br />State of Colorado <br />right to refuse <br />not more than one <br />and <br />year <br />