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Sep 26 O5 []6:13a Tam Logue 970-434-0676 p.5 <br />MEMORANDUMOF'LEASE <br />(20 Road Gravel Pit) <br />THIS MEMORANDUM OF LEASE dated day of August, 2005 made by <br />and between Martin and Donna Azcarraga, as individuals, (herein called "Lessor") <br />and M. A. Concrete Construction, Inc., a Colorado Corporation, (herein called <br />"Lessee"): <br />Lessor hereby leases to Lessee hereby leases from Lessor, the real property described <br />e~~ <br />Lots 1, 2, 3, and 4, 20 Road Industrial Park Subdivision, Mesa County, Colorado. <br />For the purpose of mining, processing and removing sand and gravel from the above <br />described lands (hereinafter called the "leased property") for a term of fifteen (15) <br />years commencing on the date hereof under the terms, provision and conditions set <br />forth in that certain Sand and Gravel Mining Lease date herewithin (herein called the <br />"Lease Agreement") between Lessor and Lessee covering the leased property. <br />Reference is here made to the Lease Agreement for all terms, provision, covenants, <br />agreements and conditions contained therein which are incorporated herein by <br />reference and expressly made a part hereof. <br />IN WITNESS WHEREOF, Lessor and Lessee have executed this memorandum of <br />Lease as of the date first above written. <br />LESSOR: <br />By: ~ ~ <br />Martin Azcalraga <br />Donna zcanaga `S <br />