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_ - ~ ~ ~ ~ III IIIIIIIIIIIIIIII
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<br />rOgM ]36
<br />qEV. 1Y/55 t
<br />STATE OF COLORADO
<br />Renewal of Lease No. 2u3-lti
<br />__-_ Cluy MINING LEASE No.__.__ ~__5~~~ Book 16
<br />1. THIS hHNING LEASE, Made in duplicate and entered into this-15th day o[ January
<br />1061., by and between THE STATE OF COLORADO, acting through its State Board o` Land Commis-
<br />Tttr. Denver Pire Clay Company __
<br />stoners, hcreinatter referred to as "Lessor" and--...-.-..._._.. _.... _._-.-.-_.__._.. _ ..__..-_--------------
<br />3033 Blake Streets Denver 17, Coloredo _ _ _ _ ,hereinafter referred to as "Lessee".
<br />of.-------------~------'~----------------------- --
<br />W I T N E S S E T H
<br />.
<br />Seventh Seven and 50/100------------
<br />2. Lessor, for and m consideration of the sum of __._ - -~---
<br />- 77 S74.St
<br />-- .. Dollars .$ -
<br />a._rcntal for the first year hereof, receipt of which is hereby acknowledged, and the further pal'nrent of art~$~!-r Jam'-.
<br />-cquaT s-urn nn or before each anniversary of the date hereof. as annual rental [or the cost ing tear, which
<br />Lessee hereby covenants and agrees to pap so long as this lease shall remain in effect, ant in further con-
<br />sideration of the covenants and agreements hereinafter mentioned. to be kept and performed by the Lessee.
<br />its successors and assigns, has demised and leased to the Lessee the right and privilege of mining for and
<br />taking . ___-Cay.._. ...__-._...._._.._.. .. .._ __... and other minerals of value that can be removed
<br />'in the process of mining and milling flay ... ......................from flee lands here.nafter described,
<br />situate, lying and being in the County of .._ Jefferson ------, and State of Colorado, to-wit:
<br />3-South 70aest Gth -_ _..~. M.
<br />TOWNSHIP.--------------------~ --, RANGE-- ~------------- --~ -----------
<br />i
<br />SECTION 16 ~ S!i/4/L~A3=8~=atrifaof-~lancl=rAntBSstiitB•5-.75.A'`'~'n dPa~r~hLLt-
<br />atr foiior:st- {i'!•xth- ~ 9a--Feet - of- xlte- NLI/A. nf_ tlte_ SW/li _ _ _ _ -- -
<br />containing'5:a-rr~eree- now- atnder--],ease t0. Denvrs.8r1t1~ ancL-
<br />-Pipe- L`ompeny} /
<br />148.64 amended 8/16/G6 _~ ,~%df/~
<br />containing ... -,T54-.25 {~rd;~`~/acres, more or less, together with the right to use as much of the
<br />surface thereof as may reasonably be required in the exercise of the rights and privileges herein granted,
<br />subject to existing rights of way, the rights of lessees, and the rights o[ patentees of said pre miser where the
<br />]ands herein leased or any part thereof have been patented and mineral rights reserved to the State of
<br />Colorado.
<br />3. Reserving, however, to the State of Colorado:
<br />a. The right to use or ]mss said premises or any part thereof at any lime for any purpose other
<br />than and not inconsistent or interfering with the rights and privileges herein spe:itically granted.
<br />b. The right at all times during the tits of this Icase to go upon said premises and Ivcry part there-
<br />of, for the purpose of inspecting same, anti the books of account and records of ninerol workings
<br />therein, and of , sccrtaininc whether or not said Lessee and those holding thereunder by and from
<br />it, are carrying out the terms, covenants and agreements in this lease contained.
<br />c. Reserving all tights and privileges of every and whatsoever kind or nature not herein expressl}•
<br />granted.
<br />4.T0 FIAVE AND TO f10LD the above described premises, with the appurtenances, unt~r the Lessee and
<br />the heir's, assigns, successors or legal representatives of Lessee, from 12:00 noon on the.... 15th day' of
<br />January 10 Gl, for the full term of five (5) years and until 12:00 noon on tlrc_LS[h
<br />-... .. -
<br />dzy of JIInuIIry 10 66 and as long lhcrmftcr as the minerals hereinabuvr designated are
<br />- being produced in paying quantities from said premises, and the royalty and rents provided for herein are
<br />being paid, subject to the terms, conditions and agreements, herein set forth.
<br />5. .4s minimum and advance royalty, without relation to the amount of the minerals mined from the
<br />leased premises, the Lessee shall pay to the Lessor the following amounts:
<br />Lease Year Minimum Royalty
<br />1st year g __-_____none
<br />none
<br />2nd year -__ ___ . _-
<br />3rd year __ __ none -
<br />none -
<br />4th year -------------------
<br />5th veer none
<br />it is further provided that if this lease is cx tended by reason of product inn, the State Bn;u~d of Lond
<br />' Commissioners shall by Pnm rl Ord: r, :rt the trrminntlnn n( carte and ecrry five-}•car pm~ind during the cxlen-
<br />Sinn of this Icase, fix and dotcrminc the rate nC ad v;mcc royalty to be paid annualh• in advance b}• the Lessee
<br />for and during each ymr oC Lhr surcc~~d ur,g five-ymr per iud of the ]case.
<br />0. In the event Ihat said I,rssce shall not extract Erom said premises said minimum amo Ines above spre-
<br />dicd during mete lmsc }'r,v' a( the t~~rnl of this lmsq it is nr: rrthclcss understood that the abm•c sums ~ .
<br />money . rc royalties Cor the }'rn rs slate •:I, vrd err due and papa blc [n the Lcc or whMher mi orals arc intr. d
<br />or not during such yc:u', but that sorb minimum arh'a nee royalty shall be credited upon ttr Lest myah ~r•s
<br />due a5 hereina(ter provided for minerals actually produced L'om said premises and sold or melted during the
<br />year for which such minimum royally was paid.
<br />7. Lessee covenants and agrees that during the continuance of this lease he will full}' comp!', with all
<br />o[ the provisions, terms and conditions of all laws, whMher Slots ur Feder;il. and orders issued tirrrcu ndrr.
<br />which may be in e(fwl durinc the continuance het euf relating to the operations of Lesser under t}-.is lease,
<br />and the markeLng of any product thereof, or labor relations in connection with such opcratio is or marketing.
<br />S. The Lessee shall mine and extract from the demised premises the mineral hereinaboyr designated and
<br />other minm~als that can be cxtrarted in the process o[ mining eaxi milling so as to pro•lure the greatest net '
<br />return per ton of ore mined, regardless o[ the principal t}•pe of ore which shall yield such reh:rn.
<br />~ Lease arend^d to cover. entit'e SLI/4 SLG0.00 acrer,). I ~.-;'^- ;i Sopt^_-.~:~r lU, 175`i.
<br />Lease amended to reflect parCi~ release, per rider attached
<br />o Page 4 hereof. 8/1G/G6 1~~,'l ,~J,~
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