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<br />IvOW, T11Lr"'t'OPIi, 'ii:e co::dition:. ~( ;.bis obligation z~.re such that if the
<br />above bound,:d l'riaci.l~;.1 rl:all, in con.ducCing such open pit clay and rock ~
<br />mining une~atiuns, faithfully p^_rinm tic.: requirements of tir2
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<br />reclamatinr: plan, th_ protieio;ca o: the application npprnv~d by the Pllned
<br />Laud l:ucl;,:.taktnn 1'•o.,nd, :c,•e the coalition, of the permit iaued to acgage
<br />in open pit clay and rock mining operations by ti,~ limed Laird It:clamation
<br />Board, rclatir.l; to tho Colirrado M.i.n~d Land Re.cla:~a::ion Act. as amended
<br />(I97o Scs~. ].~,+a H, D, 10n.5) and the l:ules and Regulutic.ns adopted pursuant
<br />thcrFto, upon ti,^_ Piro ail 7 n'.:~: l:cclz;•r.ation Eoa.d mski.ng a finding that the
<br />lands descri.brd c,bove, or s:ry pc,:tiun of such lands have been satisfactorily
<br />reclai,. <d and ;.pproving tl:~ O;,~rator.':: rcy:i~sC for a bond release on such
<br />lands, or any p0'CiO: L'i12~_OF, Chun thin obligation shall be exonerated
<br />and discharged and Lnc_,,:e: nul]. ~•.:cl void; oherw.ise to r_niaiu iu fall force
<br />and effect.
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<br />PROVIDED, llo.aever, t:,>_ S:~rety ;:!i_11 rot be liable unc:er this Bond for an
<br />amount greater in tl,. aggre;;r:te tl-~rn the sum designated in the firs*_
<br />paragrapi~ hereof, en12o:; im_cea:ecd by a later amendment to Chia Bond,
<br />Thlc Boud, sf:rll b~ r~ricv~-d b~ chz 1':ard from tuna tc titre, in nccordence
<br />with the prgv.tsi:;.,s o,' the Ac :, r.ad thy: lioard may ruqueaC an incraace Sn
<br />thu f::ce e:glue o.': this 1:•,;:d to c:o~:ec in•.resses in thr_ co:as of reclamation.
<br />The Surety sl,nll c,ot i,~ l.i:bl.^. .:~ r~•:pects any obligation related to
<br />open p1t clay and rock mini~d r,,c];.mation oper:.tion:i performed after the
<br />eFfe.ctive dat.: of a caa:.ellatioa u~ this ]load pursuant to the ternaa cf
<br />C, R, S, 197}, ~',_s~_llI(:l, us ;::.:c~tide%i (19%0 :;vas. Laws 11. B. lOGS). This
<br />Bond shall rc~.~tin i.n f.urc.q ;u,d efface as reepec,s sll obligations for
<br />all open pit clay and_rock mini.nR r,:,3 r~cl~mati.un operations perforr~ad
<br />prior to tha e;.icctive dote of rush cancpllatii,n enlcss the Principal files
<br />a substitute bond a?cif,: 1) s;su-,es liability for all obligations for
<br />a ll omen ' t tjay- any rnr4 m; ~i~~d ruc]nmation operations perfumed during
<br />t'1,,: effectiv.: dat:a:; of Cl,is burd; tad 2) is acceptable to the t•fined Land
<br />Rcclamat.ion ~:o~u•d; or unless the Mined Land Recla:nnti.on Board otherwise
<br />rclea..;:: tl,i~: sucety.
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