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SLIi239 ~ro~osa~ ~~~ ~~~ <br />Rev. 5/89 <br />STATE OF COLORADO <br />State Board of Land Commissioners <br />Department of Natural Resources <br />SAND AND GRAVEL LEASE N0. GL 3170 <br />THIS LEASE, Made in duplicate and entered into on this 29th day of Mav , 19 21 , by and between the <br />STATE OF COLORADO, acting through its State Board of Land Commissioners, hereinafter referred to as <br />"Lessor", and _ Mike Coleman and Jerry Seifert. Joint Tenants With Right of Survivorship. <br />P. O. Box 305. Westcliffe. CO 81252 <br />hereinafter referr~xi to as "Lessee": <br />Lessor, for and in consideration of the sum of fifty-two and 75/100 ------- Dollars ($ 52.75 ), receipt of which <br />is hereby acknowledged as payment of filing fee in the amount of $ 12.75 ,and first yeaz's rental in the amount of <br />$ 40.00 ,and in further consideration of Lessee's agreement to make payments of rental annually on or before each <br />anniversary date during the term of this lease in like amount so long as said lease shall remain in effect. In further <br />consideration of the covenants and agreements hereinafter mentioned, to be kept and performed by Lessee, its successors <br />and assigns, Lessor has demised and leased to Lessee the right and privilege of taking alluvial sand and gravel and <br />interbedded sandy clay (bedrock clay stone and/or sandstone excluded) from the lands hereinafter described, situate, lying <br />and being in the (:ounty of Custer , and the State of Colorado, to-wit: <br />A RE <br />40.00 <br />SUBDIVISION <br />SW/4SW/4 <br />SEC.TWP.RGE. <br />16-22S-73W <br />TENTS <br />FUND: hoot <br />7933 <br />containing 40.00 acres, more or less, together with the right to use as much of the surface thereof as may be reasonably <br />reyuired in the exercise of the rights and privileges herein granted, subject aid existing rights-of-way and the rights of <br />surface lessees of said premises. <br />RESERVING, however, to the State of Colorado: <br />A. The right to use or lease said premises or any part thereof at any time for any purpose other than and <br />riot inconsistent or interfering with the rights and privileges herein specifically granted. <br />B. 7'he right at all times during the life of this lease to go upon said premises and every part thereof, for <br />the purpose of inspecting same, and the books of account and records of workings therein, and of <br />ascertaining whether or not Lessee and those holding thereunder by and from it, are carrying out the <br />terms, covenants and agreements in this lease contained. <br />C. 1'he right to grant rights-of-way over said premises for pipelines, roads, railroads, power, telegraph, <br />u:lephone, ditches, and canal lines. or any other lawful purpose, or lease the above-described lands for <br />