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;~ <br />. , :... <br />_r,_ <br />l~. L1~'...i:R iG::.:riL:.. :n th+ event Ur-;nr o•nc a !r:::cr cool intrrcct <br />in :41. nr rwy 1mrU an of the ]en;:rd pnani r.r;: thon the rulirr rind unJivid rd <br />Cer, r.imple .•rt:+te ha tern, Ihr:n thr. roy:~]tic:; n•nl rrn C:rL•: herein prn vided <br />for ::hall Uc prod the Lc::rnr only in the pi•oporti on Lbnt Lr;:::c r':: mi ncrn7. <br />inLcm..;t hrnrs Lo the ehn]c end undivid cd mincr:rl frc, and Lr:::;nr ahn71 be <br />en Li tlcJ to retuin only ouch proportion of any money:: preyLmmly ndvnncrd <br />or ]::rid by the 1.c::;:cu or orn buyer us ;:;:id intcrcrt of Les::ur bcnrt to the <br />whole nrid unJ ivirlud minrr;rl fut. <br />1jA. At the termtnutxm of the least, nil abr.trnets of title covering <br />the lanced premisr: and owned by L?;sec, chnll be mode eurrrnt, and shall <br />become property of Lessor, Lessee shall bear oll co::ts of upda tint such <br />abstracts of till u. <br />171. SURRel:Ui.R l77D REL1 P:lZUIS111~lEt:T. The Le see may at any time, 6y paying <br />to Lee.•^•or all amounts then due, surrender and cancel this lease insofar as [he <br />same covers oIl or any portion of the leased preminno and be relieved from <br />Surther obl iga lions or liability hereunder with resnuct to Lhe lands so surrendered. <br />15. RIGIIT OF RSI~:UVAL. In the event this lease ie terminated by <br />forfeiter e, surrender or the crpiration oC term, the Lease may remove <br />ell its imnrover.,ents and equipment from the lcase.l nremises ar,d such removal <br />shall be accomplished without wrnecessary uraste or injw•y to the leased premises. <br />16. CUI~yLIr.I1CE '.ITH Li,tl. Lessee covenants and agrees [hat during the <br />continuance of this lease it will fully comply with all Che provisions, terms <br />sod Conditions of all applicable laws, whether state or federal. <br />17• FDRFk:ITUdE. It is agreed that this lease shall never be forfeited <br />for taSlure to perform in whole or in part any of itc covenants until it shall <br />have been first finalll' judicially determined that such failure exists, and <br />after such final detcrr..ination, Lessee is given a reasonable time therefrom <br />to comply with any such covenant. <br />l• <br />18. TAXES. Lessee ahnll Pay all taxes lawfully assessed on property of <br />lessee located on the leased premises. <br />19. IRUEI;ilIFICATICII OF L'-'SSC3• The Lessee shall indemnify and save <br />harmless the Lessor from any and ail litbtiitites, inclu6>.nn all cotta, ocr:alty. <br />expenses, interest and attorney fees resul tin(; from r:rgl igence in the mining, <br />removal and shipoing of coal from leased nremisec by Lessee or other operetta;, <br />under its authority, ae to any third person, firm or tor]+cx~n lion, and the Lessee <br />shall comply with all apnlicahlc rules, laws and rcgulatlons of the United !;fates <br />of A-:erica and the State of Colorado relatin„ to the conduct irg of such mining <br />operations. <br />T hie Coal ]tin ir.r Lease executed on Fe6~vey 1'f,/97G , to be <br />effective ncverthelc::g nn /qn va -y v1,Jg7G and to be binding upon and <br />inure to~tho beretit of the parties hereto, and their respective successors <br />'and assigns. <br />Roard of County Co..^..mis:;ioncrc <br />Rautt County, State of Cclorado <br />/r _ ///J <br />~;~•JorF.n A. Uttcrtnck, Coca i::a7oncr <br />_ _ ~4 <br />6:xe:ncr uec`L c'. t, Conmi:e:: un rt <br />_ltC2li._kN~_~ -ZLcrl7L~_l~_ <br />1.irk (.rouro r, ,+.uu::i o..r,w~r <br />• <br /> <br />L~:: r., 1+~~ +~~ r <br />14•ruid,~ut - I:ininC A:v i:.ion <br />