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/ • <br /> <br />6. First parties warrant that they have good title to the above described <br />premises and lawful right and authority to enter into this agreement with second <br />party to produce and remove sand and gravel therefrom, save and except and <br />subject to the option to buy material as held by the State of Colorado, Division <br />of Highways previously executed and delivered by first parties; but subject to <br />the right of the State of Colorado Division of Highways as heretofore granted by <br />first parties, second party herein shall have the exclusive righ~: to produce, <br />remove and sell sand and gravel from the above described premises. <br />7. Second party agrees to furnish first parties with an itemized list of <br />scale weights showing all sand and gravel removed or sold from the above described <br />premises each calendar month. Such scale weight tickets shall reflect all such <br />material so removed or sold and settlement shall be made by se~:ond party to <br />first parties by the 10th day of the calendar month for all such .and or gravel <br />removed or sold for the previous calendar month. <br />8. Second party is given the right to install an office on the above <br />described premises, together with the area for scales, and also shall have the <br />right to stockpile sand and gravel produced from the above described premises to <br />be removed at a later date, and for all sand and gravel produced and stock piled <br />second party shall pay to first parties at the rate as set forth for the fiscal period <br />in which produced, subject to correction of weights based on actual scale weights <br />to be determined as and when such sand or gravel is removed or sold. <br />9, Second party agrees to fence the area used for stock piling of such <br />sand and gravel and the maintenance area, including the area where the office <br />will be located. All such maybe included in one fenced area, and the building <br />of the access road above referred to to U, S. Highway 550 shall be the respon- <br />sibility of second party, subject to the approval of first parties, Such roadway <br />of access shall be maintained by second party and any bridges or culverts needed <br />to be installed shall be so installed by second parties, <br />10. It is expressly understood and agreed that second p~irty shall have the <br />right to install upon the premises above described any and all necessary equipment <br />to maintain and conduct the operations contemplated under the terms of this <br />--3-- <br />