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<br />• b. M parcid conaldoration for Lh!^ Lcaau and
<br />ss an lndueernt for Lcuor's an ter ing info sa td Exchange
<br />Agrearnt, and vichuut ll~icing See [ion 4 hereof, lr ssea'a
<br />us• of the Gu~d Brawl ap• shall ba •t Leuee'• sole risk.
<br />Lesasa hereby sgrsn to lndeamlfy and hold Le ^aor harmlca^
<br />from and against any and all llab ilicies, claims, drnonds,
<br />suits and Cos CS of every kind which Sn any ray arise, resu lc
<br />from, or ba incident to Leasea's operations, use or occupancy
<br />o[ the Leusd Pramisu,
<br />i, Opantioro: Leue 7ermina tlon. Rotw1[hs[and ing
<br />anything to cM eonuary in thL Agrteul [oral Leese. Lu ur
<br />satains the absolucs r16hc to conduct any operation on, in
<br />or under Cha Leased Prmise• rhieh Lessor deems necessary or
<br />advisable relative to any exploration. Jevelopmen [, mining
<br />(including surface, open-plc, strip, !n-situ, solo elon and
<br />any other rthod or rthoda nor or hereafter known), s[ock-
<br />piltng, cemratttng, proeeseing, tree clog, vgshLng, marketing
<br />and [ransporting. Horever, Lea sor agrees that is will exert
<br />base efforts not to disturb the realdencLal uses on cne
<br />Leuad Prrires dvring the cezm of this lease.
<br />3. CrDlianee 4ith Governmental Owe. Lessee shall
<br />rot use or uuw to be used any par[ of [Ae Leued PrmLo
<br />ter a~ unlawful conduct or purpose. Further, Leaaee shall
<br />comply with all goverrwental lgrs, orders, rules and regu-
<br />Lciae. ow ar haruLter apptiuble.
<br />5. :ciao:[, rithouc lisi tang ary ocher remet7.
<br />:asr--: r7 :ere :T +ir::ae of t=ie 'sgse a: a_ :ar o: ir,
<br />ey~at:y, if Lessor tefaa:t• to cy of t:. re-.ta, wveagzta or
<br />agraernti ~ebn[aterd herein, Lessor shall give Leaaee rrit [en
<br />notice tfieraef; !f Leaaee has not corree cad such default
<br />rlchin fif [pan {13) days after race ipt of chat notice,
<br />Lessor, ac Leuor'• sale election, may declare [his Lease
<br />taminated and may re-enter and pouau the Leased PrcmLes.
<br />7. Grw1n6 t.[OD/. In the event that chin Agrltu l[urel
<br />Uu• fa [ermingted ^^ [o any porelon or all of the property
<br />prior to or alter to Cha axptration of Cha or Lginal five-
<br />.).
<br />• year tare or during any ascension of [ho or lginal nny
<br /> rala ud and/or growing eropa •holl remoln the proyc~of
<br /> Iwasa• and Laute sMll be entitled co rr-enter the preml w•
<br /> to harvest and remove the eropa or !n the event Lessor
<br /> ut 111:es dl or par[ of the l.euaJ ~PiemLn and dostroye the
<br /> groring eropa [hereon, IRasor shall pay co Leagec the value
<br /> of the growing eropa so destroyed.
<br /> H. Asslenmen t. lessee shall have the right to
<br /> u sign [hie Lease, !n rho le or in par[, but Leuaa shall not
<br /> uLl, udgn or sublet thL Luse, or any portion of the
<br /> Leusd Prer,ius, to anyone except Lenee'• eons rithout
<br /> Lsuor'• mitten consent; provLded the c, ueh Lsrue sN 21
<br /> bs entitled to uaign ar sublet this Lease or any interest
<br /> herein co any other Leaaee. No trithg[anding gection~6
<br /> hereof,.if Lessee, contrary to this Seecion 8, does'aell,
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<br />i assign or sublet thin Iwase, or any portion of the Leaned
<br />~ PrssLae• rithou[ obtaining Lessor's written consent thereto,
<br /> Chia Lgue shall aucomacltally terming [a [hereupon. YSthou[
<br /> pra~udice to the foregoing, [hi^ Leaa• •ha 11 ba binding upon
<br /> and inure to Che benefit of the parties hereto god their
<br /> reapeetlve heirs, executors, admtni•CraCOra, represen [atives.
<br /> suteogors and uaigns, and CM eovmant7 contained hereto
<br /> alull be dewed [o be covenant^ running rich the Leased
<br /> Prsrisae.
<br /> 9. Nocieea.
<br /> My rotiee, elee [ion, payrot, report or other
<br /> eorreapoodeaee regnttad or parait[ed amdar this ;,ease s:r::
<br /> be jives Sa rriciag sad s:~:l Se rilivszsd :y T.1 cat States
<br /> ril or Ycsttrn Oalon Telegraph, rich all 4aeeasary posuge
<br /> sad charges prtpald, and addressed ^• [ollors:
<br /> LESSOR: 4Llf 011 Corporation
<br /> Attention: Land Manager
<br /> 1720 South Bellaire Strce[
<br /> Denver, Colorado 80222
<br /> LE85EH:~ Parley C. Crean and Bonnie Jean Cr een
<br /> Route 1, box 7
<br /> Oak Creek, Colorado BOi67
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