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li~lll lilli'll~lll ~11111ii1 Ilillll~iliil III iilii 11111111 <br />' 2637882 09/02/1988 04:35P Weld Counly CO <br />3 of 8 R 41.00'D 0.00 Jp Suki Tsukamalo <br />10. Removal of Improvements and Equipment, Al] improvements and equipment placed on <br />the Property by Tenant shall remain the property of Tenant. <br />On termination of this lease for any cause, Tenant shall have the right to remove all its <br />improvements and equipment, except the water well casing, fences, gates, and cattle guards. <br />The right to remove its improvements and equipment however, shall include any sand, gravel <br />and aggregate mined and produced, but not removed on the date of termination, all subject <br />to payment of royalties provided in this Lease. Further, upon termination of this lease for any <br />cause, Tenant shall have the right to re-enter Che property at any time to complete <br />reclamation. <br />11. Default by Tenant. Tf any default occurs in the performance of any term or condition of this <br />Lease by Tenant, Landlord shall have the right to i; ve a 60-day notice in writing to Tenant, <br />demanding the correction or removal of the default. 1f Tenant fails to correct of remove the <br />default within this period, Landlord may, at Landlord's option, terminate this Lease. <br />If this Lease is terminated by Landlord pursuant tc this seotion, Landlord shall have no further <br />.. _rights or remedies against Tenant except the forfeiture. of this Lease. Tenant shall have six (6) <br />months after termination within which to remove any plant, stntctures, or equipment placed <br />on the Property by Tenant. ' <br />12. Permtits. :.tstlzfapiii3diig~£q-~a1~pevrrtt~at~eces~aryso obtain legal <br />permission to conduct its mining operations including a rec]amation plan. The Landlord, for <br />itself, its successors and assigns, agrees to cooperate in all reasonable ways in Tenant's efforts <br />. : ~ to obtain- such permits and agrees to furnish, without cost, all. information regarding the <br />Property .which it has insofar as such information relaCes to sand, gravel, aggregate and ocher <br />materials. <br />Tenant shall be solely responsible for all costs and fees of obtairting the necessary permits for <br />its proposed, mining operations and reclamation, which shall be the sole and separate property <br />of Tenant. <br />13, Av cement Concerning. Reclamation: <br />3~Ia~tltek~a~ma~Sn~nerr,ty;~iGl;~tec~I;~iA~lt,gy~~ioa~i ono shall be responslbte-tor <br />reclamation on the Property only to the extent the Property is actually mined by Tenant, <br />Further, upon termination of this lease for any cause, Tenant shall have the right to re-enter <br />the properly at any time to complete reclamation. <br />14. Agreement Concerning Water Augmentation. Tenant shall be responsible and pay for any <br />additional water augmentation required due to Tenant's mining of the Property, PSowever, <br />any ofLandlord's water rights associated with the Property are usable by Tenant in meeting <br />Tenant's water augmentation requirement. <br />-3- <br />booovrcn iei <br />,. ~z <br />-:,,1~ <br />F29-a ZIO/400'd <br />~~ <br />Ibl_I <br />