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MIINERAL LEASE & RIGHT TO ENTER RECEIVED <br />THIS LEASE AGREEMENT, made this 14 day of J 006 JUL 3 1 ZDD6 <br />By and between DBcJ Andersen Farms Inc: Robert Andersen Presidem <br />Hereinafter called the Lessor, and Lincoln County Hereinafter called the Lessee. Division ~f Minerals and Geology <br />The said Lessor is the owner of the following described real property located in the County of <br />Lincoln State of Colorado. <br />NE '/. NW '/s Section 2 Township 8 Range 54 West of the 6th PM <br />1. Inconsideration of the mutual wvenams herein corrtained, the said Lessor does, by these <br />presents lease and let for the purpose hereafter mentioned, under all lawful warranties <br />unto said Lessee the mineral imerest described in paragraph 2 hereof <br />2. The Lessee shag have the right to mine, extract, remove aztd take fmm.thefa6ose_~ -_,_ - - - - -- <br />ilescribedreal property ell the SAND AND GRAVEL .(hereinafter called minerals), in <br />and under said real property, with the right to remove the top-soil or over-burden above <br />said mineral and also Lessee shall have the right to use necessary space for the <br />construction and maintenance of anything required for the extraction and/or processing of <br />minerals and space for stockpiling such minerals on the premises all without any payment <br />in addition to the royalties and other paymems herein specifically provided for. <br />3. The Lessee shall have, during the term of this Lease, the unlimited right of ingress and <br />egress for the removal of said minerals mined, extracted, removed and taken from the <br />Premises. <br />4. This Lease shall continue in effect from July 2006 to July 2016 ,and may beextended - <br />by the Lessee for an additional period of Sve (51 veers. upon written notice of such <br />extension given to the Lessor ten days before the expiration of said lease agreement. <br />5. The Lessee shall pay the Lessor for ap minerals mined and taken from the said premises <br />herein leased, a royalty of lamer single axle dump truck-load or ~4.2~ tandem <br />axle dump truck load, or ~ semi load. <br />6. The Lessee shall pay all taxes assessed or that may be assessed againvt the premises <br />herein leased during the cominuances of this Lease. <br />7. Lessee shat) have over the aforesaid property only these rights intimately concerned with <br />the mining and removal of said minerals including, without limitation, the right to <br />stockpile said minerals on the above-described real property or other lands adjacem <br />thereto and owned by the Lessor but within the boundary of the leased area. <br />8. Lessee will revegetate all damaged to the lensed area due to the mining operations and <br />upon completion of the operation all affected areas will be reseeded with a native grass <br />seed mixture recommended by the Natural Resources Conservation Service and will have <br />the right to fence the affected area in after revegetation to allow undisturbed growth if <br />needed <br />9. The Lessor agrees, upon termination of the Lease Agreement by the Lessee of the <br />property herein above described, to assume full responsibility for the condition of such <br />property, and further agrees to hold harmless from atry and all claims by, or liability to, <br />third parties arising after termination of the Lease Agreement. <br />10. The Lessee is to provide compensation to the Lessor for any damages to permanent man- <br />made structures, which where the result of mining the affected land <br />