,~', ,
<br />the construction of hoppers,_bins,;.and stock pile:on said
<br />premises, all without any pay:uont ,in addition, to the
<br />payments herein specifically ,provided for,
<br />Tl:ia agreement shall..bo fora primary term of ten,
<br />years from tho date hereof,
<br />,. ,.•T1~is;.a~'4.egtesntx,sa~ m~d© fzid acaepted..for and in.,,,.".... ,..,:i ^..
<br />consideration of .a rent .of,w25do0 per year,the,first
<br />payment of :which is hereby ~acl:nowledgcd, .anti. f}istho.r
<br />payments of c.hich shall be clue during; the term of this
<br />lease upon the Siirst nino ann~.versary.,:dates hereof' and
<br />Cor,further consideration L-he.lessee shall pay: the lessor
<br />fqr, all sand and. gravel .nines, and shippeJ for thv use .,.
<br />of. lessee .from tho said premises herein leased, at tho
<br />rate.,.gf.,.six cents ($0,06) per cubic yards;. provided that,
<br />should tho.lesseo. sell any sand or gravel mince! from .•
<br />the s:.id premises to any person or entity not a party
<br />... . ... ........ .. ,..,... ..F,.. .. -.- ,.
<br />to this, u;rvc3ucnta _ 3~esseo will..pay to lessor tt+enty
<br />cent~,(~0.2U) po;'.cubic yard,oyer the legsee!s,cost of
<br />mining and production " such cost, of, mining axul,production
<br />to include; the initial; six coats per Cubic yard paid £o lessor.
<br />~Lessco small.maintain at it3 Own expensc.pattlc-
<br />guards and gates whcrevor a:;y roadway built Uy him, shall
<br />cut :nny:fences of _lessoro. Lessee shall construct a
<br />la~'~ful cattle fe:~cc around tha premises and shall main-
<br />t;~in said fence during the terra pf i:his agreement,
<br />removing said fence, at,.t}ie torminat}yri thereof. :1t the
<br />termination of this agreement, lessee shall backslopo
<br />ar.d recover with topsoil any oxcavatior.~rade by the
<br />lessee to 1;iic satisfaction oi' lessor,
<br />ARTHUR A.
<br />>B PLA NALP, JR.
<br />ATTORNEY qT L4W
<br />t'4LO El~I COLO. 60900
<br />T[~.~ ~303i 9234691
<br />
|