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~;a,C= L.aPiv a~CLAhIATiO1V DitiI51CN ---- ---- _ -_ .r --. . <br />:zoar:ment o, ~awrai Pesources <br />• ?nv?r.`C,^. 90<"77 Ala rR l.) c: i., ..r <br />303 966.3567 <br />Fax: 303 6328706 N1ireC zana <br />COAL RECLAMATION BOND-~a~-a+;n~ ^~•,:-° <br />FOR USE WITH C'cRTIFICATE OF DEPOSIT <br />FEDERAL MINES <br />Permit No. C-81-018 <br />KNOW ALL MEN BY THESE PRESENTS, That Y7estern Fuels-Utah, Inc. <br />.i ~ ~~~ <br />/- Y /'~ i <br />:'L <br />,N R6 ~ - <br />Rq nMrM. <br />Dwenv <br />Frog R. Bum. <br />Diwwn D~r~ror <br /> <br />of the County of Je`ferson in the State of Colcrado dS <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 cne thousand 00/00 <br />DOLLARS (5 1,000.00 ) <br />for payment of whicn 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 Rio Blanco County Bank of <br />Ranaely State of Colorado ("the Bank" <br />to issue its Certificate of Deposit' No. 2940 dated <br />non„cmhcr ~ 7oon , payable to State of Colorado Mined Land <br />Reclamation Board and United States/OSMRE, in the amount <br />of ,,,,o +ti,.,,«.,r, nn inn Dollars CS 7 -ono.0o > <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 is not a party to this agreement; tts <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 apolted for a permit to conduct mining and . <br />reclamation operations on certain lands in Rio Blanco County, Colorado <br />which, for convenience of reference, are described as follows: <br />See "E:ch i b i t A" <br />CJ <br />Certificate of Deposit must be negotiable, payable to State of Colorado and <br />United SLates1O5~`iRE and, unless the issuer waives the right to refuse <br />payment prior to maturity, must have a maturity date not more than one year <br />after date of issue. <br />