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May-26-00 01:19P J.R. Phillips P.OS <br />85/25/?800 19:59 385-3JJ~?2 B06 8 P~-iLP~DA :~?l: r~ nw <br />a tots <br />and aach year ~ <br />• borrev aataria2 to thaw <br />rigrit to raaeva id <br />to Sellers of no lase <br />~tf or batora <br />year Buyer tails to <br />Bald aaterial will notoa birror saterlal at a later date <br />aPpliad only to borrow DP Y to tutur~ ainiaums and any <br />ainiava for y ratar~al removed that sxeesds the <br />tAe ear +-ctuall r wed. <br />'~ 1i7ftl~Qly as 1,1~ lswlst <br />~ha shire ysar er <br />in royalties haws a <br />qu y of orrov aatarial sakes continued <br />auy canoal this Agrsamant rith one hundred <br />noilos to Sallara. Buyar gill raclaia an <br />prorated payaWtt for the <br />ainiaae t <br />layer has the <br />• without Payaadt. <br />credit shall b• <br />~annue2 <br />r---, •~ wans~ Gvng1ilona Or <br />aininq undaalrabla, the Buyar <br />eighty (1B 0) days written <br />royal y for the year of cancellation. <br />10. ~'j~/y The Suysi shall pay all salsa, ooneumar, use and otltar <br />alailar texas for the borrow material purchased [roe the Sallara. Pa t <br />of said salsa tax shall be in addition to the sales Driae of <br />sf le.p aeLl aaa~ai~l -f rc:~.o c..-aa Lisa ----ea- <br />!Ma atlya~ lrwLaao ~ Da ~~ oa, Gae.~,L la,sa Gai t.l Tlaat^. My Caxa^ ava SOr <br />borrOV oterial purchased Mall 6a yea id by sayer to t)+a t-viny r.acwe~ley <br />directly. <br />11. Syr~ee xiprt^ o ae~,lsrs. dallere esy m^ke such use yr the <br />Property as sellers may see tit, •o .jvyfq e^ th. YM in nn ray taatrlct^, <br />liaSt• er latar>•^ra^ with the 6err uaterial raaeval operations e! sayer. <br />17. Linetal aiehta_ Iu,y >tinerale, as diatinquishad frog borrow <br />aatellal, raaaln Sallara anQ •r• net 1nCludse in Tlfia agreesent. <br />17. j~^n.e•tie~n by cal~l~ 6aller^ aay, ai all SaaaanaDla tlmaa, <br />impact the operations and procedures conducted on the Property and <br />conduct ^uah anginearing, reighinq and •asplinq procedure• and other <br />invastigatlons •s Selltrs say require, and Buyar will sander to Sellers <br />all other aasiatanae in Buyer's power in eo doing. <br />ld, psal.La. Buyar shall torthvith pay and apply for and obtain <br />under Buysrys Hama, soninq end other govarnaantal paz7fta, <br />classllications, approvals, licenses and rights rsquirad in connection <br />with the lawful conduct of bosrow material ramovsl on trio Propezty. St <br />all necessary soninq, paraita, classitiastions, approvals, licsnsss and <br />rights are granted !or borrow aaterlel raaoval, Sellers dull raisburse <br />Buyar one-half (1/2) of all costs incurred in obtainlnq such approval. <br />Total coats not to exceed TEN THOUSAND AND NO/100 DOLIIIRS (SL0,000.00)- <br />Reiabursaaant is to ba aach in twelve (17) equal, monthly inatallmants <br />N-4 <br />