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• <br />AR'~ICLE 12 <br />NOTICES <br />Book 492 Page 52 <br />Any notices required or permitted to be given to the <br />Lessor or the Lessee hereunder shall be considered as <br />delivered forty-eight (98) hours after ttie same shall have <br />been deposited in the United States mail, duly registered, <br />postage prepaid addressed as follows: <br />IF TO THE LESSOR: <br />IF TO THE LESSEE: <br />ARTICLE 13 <br />INUREMENT <br />Leadville Silver & Gold, Inc. <br />623 Front Street <br />P.O. Box 524 <br />Leadville, CO 80461 <br />Leadville Mining 8 Milling Corp. <br />700 Carr Street <br />Lakewood, CO 80215 <br />These presents shall enure to the benefit of, and be <br />binding upon the respective heirs, successors and permitted <br />assigns of the parties hereto. <br />ARTICLE 14 <br />ASSIGNABILITY <br />Lessee shall have the right to assign this Lease in <br />whole or in part, or to sublease all or any portion of the <br />Property at any tir,,e during the term hereof, provided, <br />however, that any assignee or sublessee shall be bound by <br />the terms and conditions of this Lease and to the same <br />degree and extent as is the Lessee and provided further that <br />the assigning agreement shall not provide Eor any overriding <br />royalty. <br />r <br />