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11. INSYECFION. PurthacrN any dcrlgnee.rh.ll haR the rllM Or haR lmpnbaald the lFwmal crudYYmdlhe PrglertyaM lrclmbna. <br />u Purthuerl ea f u. II .rYUn nake d ml unvnr4crvp cordllbn, rif 'eJ' bl Pmchaur. H mI unlRd ti Seller ar LHIin1 Cnmpany <br />nn ar 4(ae ~/~ .IViLL.lhe phyuulcrmliimdrhe Prycny anO lrch,hma,hdl <br />Le leaned to b<ulUlcray to Purthacr. If shun mike d any umnhfday conlnhm, il1¢d by Pumbcn, b IIRn to Sdkr a Lltlln{ Canpay <br />u rst/(~rIA abo•e In thb ¢<Ilan, rnd 11 Purchun and Sally have nog reached a ~~nl<n alreemenl In lelllemem Ibaeol on pr blare <br />.19 ~ .Ihia tONrcl Ndl Then Inminne, mbj¢I Io a¢Ilnn I7. PurthaYr b ucpm,iwe and rhdl <br />pq for my dame{e .hick ¢mrn m the Pmpny old Irclurbn, n a muh d,rch impcrinn <br />n. AGENCY DLSCLQSURL rle n,ling dower. 4o lthw a AscO la c <br />ad a uln ycNa ILlalln{ CanWnil upeuN Seller The Ldlln{ Cunpaey vuea Jmim d uml. bydy aN cmlYkrce la Sella my. While the <br />Lkliry Canpmy hn • dory Ip beat Pumha¢r horcady. Ih[ Lirlinl Canpay is Shcn', qnd old is x'lin{ m dhdl d Sella and NA Purchaser. <br />DY SIGNING UELOW. PGRCIIASFJI ACKNOWLEDGES PRgR TIMELY NOTICE BY LISTING OR SELLING rOMMNY THAT LISTING <br />CQ.IMNY IS SELLERS AOEN T. <br />The aellln{doer. Gold Mountain Real Estate , <br />aM u ulu alcnu f5'elUn1 Canpany) NpcacN: IIF TIIE BOII IN SUBSF.CTgN Ibl IS CHECKED, SELDNG COMPANY <br />R EPRETENI'S PURCHASE0. ONLY, AS SEi FORTH IN SUDSECTION Ibl IF TIIE DO% IN SUBSERION Ibl IS NOT <br />CHECKED, SELLING CUMMNY REPIIESENTS SELLER QTLY. AS SET FORTH IN SUDSERR7N la). ) <br />Itl Selkr. The &Ilin{ Company ouea dullu d Irual, byally and cwfderce to Sella anlY. While Ih idling Cwnpay ha, a JuIY to INY <br />Purthaur hvrculy. tle Selllry Canpay b ShcaY a{eN and b cdn{ m dhdl d S<Ila and NA Purcbur BY SR7NING BELOW. PlIRC11A5ER <br />ACKNOWLEDGES PR R]R TIMELY IUTKE BY SELLING COMMNY TIIAT SELLING COMPAN Y IS SELLERS AGENT. <br />^ Ibl Pu¢buer. 111h bm h shall: the Shcln{ Cmsryny o.es luau d trml. IoYahy and cunlWerce b Ymchaw only while the Seling <br />4l~ Company hu a dory Io ueu Sella hore,lly, Ile Selling Canpalry u clog m behdl d Pmchacr and ml Scllu. SELLER AND LISTING COh1MN Y <br />ACKNUW LEDGE PRgR TIMELY NOTCE BY SELLING COMMNY TIIAT IT IS PURCHASERS AGENT. <br />IB. ADDITIONAL PRDYLSIONS: <br />A) IC is hereby acknowledged that James 0. Ilendrlcks is a licensed <br />real. estate agent in the state of Colorado, on inactive status. <br />B) This offer Se conditional upon the release of monies being held in <br />escrow, by Texas Commerce Bank, to be released to Oak Ridge Energy <br />upon approval of the bankruptcy court. <br />• ICI This agreement is further conditional upon sellers providing <br />proof of ownership of all coal, oil, gas and other minerals <br />eppurtant to said property. <br />(D) It is hereby ackrlowiedged that Judy L. Hendribksl a licensed real estate <br />broker with Gold Molmtaih Peal Estate. is married to James 0. Ilendr icF:s. <br />James O. Hendricks is a stiar~etnldrs and officer of Pueblo Coal, ?nc. <br />Pueblo Goal, Inc. Figs argoiilg tiasiTTess relatirmvhio~with the Purchaser. <br />SL RECGhIh1EN WTKIN OF LECALCOUNSEL. By rlgnlry lhhdocumem.Pm<how and Selln cLlwled{e lhal the Selling Cumpuy <br />a the Wtln1 Canpany hu recvnmerded au Puchasu ud S<Iler addn rh dr'se d Ihcir o.n Iqd cwnul Rpdiq euminmon d lids and <br />Ihb eonurl <br />7E. TERh11NATION. In the eRN Ihb cmrcl n lamimlyd. dl pymenu and Ihinp d value lealR/ Ieuurdcr chill h umrrcd old Ih[ <br />polo Ndl De uliemd d dl adiplhms heauNer, uhfca b rclbn I/. <br />U. NOTICE OF ACCEPrANCEICOUNTERPA RTS. III mp¢d h caged by Sdkr in .rYing and Puahaur nceiR, mhee d,uch <br />agarc ¢bcf¢e 12 noon July 13r ,19 ~° ,Ihb dauneN Chill bccvl¢acamna dl.ecn Sdkr and Pu¢haur. <br />A coq d Ihb rbeumeN may be ereutd by each yny upuauly, and then each poly hn eucuud a ray Ihaed, aueh caplea Iden to{aher ahdl be <br />rkerrrd lv bcT lull ands Ie caAryr~elueen the parka. <br />ITO DE COMPLETED DY SELLER AHD LI5T1T#i COMPANY I <br />7A. ACCEPTANCPJCOMMISSION. idler ccega the aboR papoullhia dryd ,IV _. <br />Sella rhdl pry Ip the Duly Canpq a canmlubn d Z S d the Imo purchme pica a <br />p a{reed YpM belYfen SClle! W D4In{ Canpany Ia Ier•kea In IIII/ IranLflpn III the eRN d Inrkllule d p/yl¢Nr old 1111n1, d Ruc IefelRd <br />drmndu. ,¢h p.ymena.ld IMn{a d nl¢ rh.u d dhdea belrem unlnl ennlp,ny and Shccr, arc~hall Ihaed to Lipin{ Cwlpany, bur mI Io <br />eaceel the commlubn. old Ik Mlarce Ia Seller. <br />ItlY. o-.r <br />76301 <br />The urdenilrcd Sellln{Company chrm.kdlo rtceip did nrmlmasy dcpo,inpaf din cabnd aM bolA Shcln{Canpuy old Lhdnl <br />Compy confirm Ih RapcliR alcrq dlxburt ct IaN In caion 19. <br />• wlln{eompe.> <br />Cold MGUntain R a c ar Bra <br />HbW..I /]~90 <br />Addau ~cn c~-vet. cE+ n-vev+-^^:F61~'~ <br />uad{camP.ny . , i~ <br />