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<br />• cMLF~b tr, scr:urc it.:; reclamation and monitoring obligations, and
<br />c:u,not obtain rclcasr• of ghat bond unt.i.l thoso ohligat.i.ons have
<br />br•r•n :::,ti::rierf. 'fhr• t,:,r*ir:r; cannot; :+ntlc,ipatc how long cnrnplol.inn
<br />n` rr•r;);,ma+ it„~ and hr,nd relcar,e will require, buy expect it wil l
<br />be at ]e;,st r,cvera] years. As owner of the Surface Property,
<br />Y,ai:;cr will br:nefi+. frr,rn havinrl it. fully ruclaimurl in ar:cordance
<br />wirh 1:lur• F+ih};on's r~hl irtation:;.
<br />n. Thr continuation of Itluc R.ibbon's presr,n* rights .in thr•
<br />.':urf:u.r• Pr~,perky during the period required to complete reclamat.irni
<br />:, nrl r,h t.:,in hr.nd r~~lr~:,:;r• ir, nr,+ ,, n::u rc•d. The purpose of t:hi::
<br />Agrr,r_rnr:nt i:; rn clc:rrly ~wt:ahl i:;h YhaY Rluu Rlbhon has all. right:;
<br />of :,ccr,s:; and use in thu Surface Property necessary for those
<br />f,urposus and for that. period, and to set forth the terms under
<br />. which such rir.lhCS may },rr exercised.
<br />NOW, Tll6']tl;f'OI1P, for and i.n consideration of their respective
<br />rights and obligations unricr this Agreement and the payment by
<br />blur. P.ibbon to Kai.scr of One Thousand Dollars (41,000.00), the
<br />rr,cr:ipt and sufficiency of which arc hereby acknowledged, the
<br />parties agreo as follows;:
<br />] Y,aiser herrrby grant:;, bargains and convoys t:o liluo
<br />Ilibbon, and its permitted succr:s:;ors and assigns, the right of
<br />direct and irnmediatc• access in, on, undr_r, over and through the
<br />Surf:acu Pro},,;sty, :md the right to use the Surfaco Property,
<br />excluding any and all water ownccl or controlled by Kaiser and
<br />located on r,r ass:oci:,terl with the Sur far. r_ Property, in any
<br />ro.,;onnb]e f+,s:hir,n, ell for the ];urpose of performing Flue
<br />Ribbon's reclamation and monitoring obligations under the Permit,
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<br />I-20 New 5/19/87
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