1999-02-18_PERMIT FILE - M1999011 (6)

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~. SAND AND GRAVEL LEASE `/ i~ THIS LEASE, made in duplicate, this , day of December, 1998, by and between John F. Craig III, Box 902, Limon, Colorado, hereinafter LESSOR, and Lyman-Richey Corporation, a Delawaze corporation, dba Central Sand and Gravel, P.O. Box 964, Columbus, Nebraska, hereinafter, LESSEE. 1. LEASED PREMISES AND TERM LESSOR, in consideration of the rents, covenants and agreements of LESSEE, hereinafter set forth, and in consideration of each and every act to be done by the parties hereto, does by these presents exclusively let, LEASE and rent to LESSEE for a term of four yeazs from the date of this document or until terminated as herein provided, a certain tract of land situated in Lincoln County, Colorado, for the purpose of establishing such sand, gravel, and rock pits as may be located and developed upon the following described real property: A tract of land located within the NWl/4 of SW]/4 of Section 27, Township 9 South, Range 56 West of the 6th P.M., Lincoln County, Colorado, comprising approximately 30 acres. Hereinafter referred to as PREMISES: 2. LESSOR'S WARRANTIES LESSOR warrants he has marketable title to the PREMISES and he has good right and lawful authority to enter into this LEASE and so dispose of the sand and gravel deposits located thereon or thereunder the PREMISES. 3. LESSEE'S USE OF THE PREMISES LESSEE shall have the full and exclusive right and authority to go upon said PREMISES with its employees, trucks and machinery and such other equipment as may be necessary for the purpose of taking and removing from said land the sand, gravel, and rock, hereinafter MATERIAL, as it may desire. LESSEE, shall have full and complete access to any sand, gravel, and rock pits over and across the PREMISES of the LESSOR, including the right of ingress and egress thereto and therefrom across the land owned by the LESSOR.