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_2_ control thereof, and to explore, develop, mine, operate and use the Subject Lands and any surface or underground water rights occuring therein or appurtenant thereto, and to mine, extract • and remove fxom the Subject Lands any ores or mineral-bearing substances therein or appurtenant thereto. Lien may use the surface of the Subject Lands for any purpose reasonably incident to these ends, including, if it so elects, development of the Subject Lands by open pit mining methods. Lien is further granted easements and all rights-of-way for ingress and egress to the Subject Lands to which Commercial is entitled. 6. TERI<4 OF LEASE. The term of the lease granted hereby shall be for twenty (20) years from and after the Effective Date, or at such time as this lease is terminated pursuant to paragraphs 12 or 15 hereof, whichever is the earliest. 7. LEASE PAYh4ENTS. A. Production Royalties: Lien shall pay to Commer- n;a7 a DnnA,in+inn Rnvalty of 1lld nar t.nn of all raw feed Gt~ne that is mined and either: (1) processed and sold by Lien's lime plant, which may be constructed as described in paragraph 7.D. below, or (2) sold to third parties. Lien may make these Produc- tion Royalty payments on either a monthly or quarterly basis, and tonnage of raw feed stone shall be computed in accordance ~vith acceptable industry standards. If periodic audits reveal any underpayment of Production Royalties to Commercial, Lien shall remit the amount thus due Commercial within thirty (30) days of discovery of such underpayment, If such audits reveal any over- ' payment of Production Royalties to Commercial, Lien shall be entitled to deduct such overpayment from the Production Royalties • next due Commercial until such overpayment has been fully recovered by Lien. Commercial shall have the right to inspect all audits, books and records of Lien relating to calculation of.such Produc- tion Royalties at any time during Lien's .regular business hours.