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<br />_ Lr \1Tr TsTSS ulba• 46.~14%/ '~
<br />`..•~ C-081258
<br />DED4RT.l4ENT~TY.R I\':~'RIOR acres"~t~
<br />BliRE?,U GF 111Nll M?,\`AGn.14E.~IT
<br />• v La,,.or. May 1, 11966\5
<br />%t7ALl~•LSER:~AIQSME'~T Z,~pQ-O~Z~(G J
<br />aT L LASE RIGHTS GRANTED
<br />u lease, eau»d inm by tad besweea Ne URITga 3TATFS or AME67CA, hereinafter Ballad lessor, through the Bureau of Load Maaagemeat. sad
<br />Peabody Coal Company :,
<br />1300 South Yale
<br />Flagstaff, Arizona 86001
<br />~inaftar called lesaaa. is Ieaaltmad'effeetive May 1 > 1995 u for a period of 10 yeah and for so long Nareaiset u roal fs
<br />odueed in rommetdal quandnn from the leased lends, aubjem to nadjwtmeot o! lease arms at the end of neh 30•year foes period.
<br />c !. This Itau readiwm,eat.ia lashed puzauiet sad aubjecs to the terms sad provisions of the
<br />iHineral Lands Lwiag An of 19'-0. Acs of February ^8.:9:0, u amended. t1 3tat ems, 30 US.C. 18L:87, hereinaiui reiesred m a. the Ac«
<br />Mineral Lnittg An for Aegtsirad Linda, Ace of Augwa ;, 19eT, 61 Stet. 919, JO US.C. 951.159:
<br />d m the ngulaaons and formd order oi~Ne Secretary of the Interior which an now or hereafter in force. when roc useonsisteac with Ne exprna
<br />a apeane proviasona herein. '
<br />~. Castor, is eronsidasanoa of any nnta. and royalties so be paid, and the rondidoha and rovenanta m be observed as herein set forth, hereby
<br />sn4 m lwn the exeiwtva right and pnvtiage to dull for. mine. usratt remove, or oNsrwue proves tad diaper of the coal deposes ia, upon,
<br />ardor Ns following destsibed loads:
<br />T. 5 N., R. 88
<br />sec. 23, all;
<br />• sec. 26,.a11;
<br />sec. 27, NE;,
<br />sec. 33, NE;;
<br />• sec. 34, NWis;
<br />sec. 35, lots
<br />12,
<br />W.., 6th P.M.
<br />Nt~S~;
<br />3 through 6, inclusive, 11, and
<br />and NEB,
<br />ttaiaiag 2323.44 , a~• men or fw. together wiN Ne:ight m ronetrnet arch works. buildings, plane. structures. equipmeas and appiiancea
<br />a Ne right m we auenon•lease nghes•ei•way which may be neeeaeary end roavenien[ is Neexamseof Nerigho and Dtiviiegn granted, subleC. m
<br />ron<fidoas herein provides.
<br />RT IL TERMS ANO CONDITIONS
<br />:. tal RENTAL RATE • i.aaan shall pay Inaor moral annually and
<br />advance for each sae or f:aesion thereof during rise rorttsnuanee of
<br />e lease a me na Ofd 3.00 for Baca lase year.
<br />RENTAL CREDITS Rental shall not ba isadited agunat either
<br />OGLCnon or aavnnce royaldH for any year.
<br />^ ^_ia1 PROCUC710N ROYALTIE5 • The roydty shall be (surfs
<br />'.5 percent and (underground) 8.0 ~ per.
<br />nt of Ne value of the rod a set forth in the ragulsdona. Royalties ore
<br />.e to ieawe the imai dey of tna mantis succeeding the ralenaar month
<br />whtah rift roydty obiiganon starer.
<br />. ADVANCE ROYALTIES • Upon repent by the lasses. the au[hori:ed
<br />fiver may accent. for a total of not mor than !0 yexra. the payment of
<br />~vanee roYainea m lieu of continued operonon. ronsissent warn the
<br />auttuona, The advance royalty enall iK based an a pawn[ of ere
<br />.rue of a msntmttm nnmoer of mna determined m the manner
<br />aoiiaitad by me advance royalty reguknons in eifees at the time the
<br />face requem approvd ro psY tavanee royaiaaa to lien of eonanusd
<br />6
<br />BONDS • :asses shall mainuin is the prooar affiu a ieau bond
<br />the amount ot5 91>000 .The suthonzm officer may repusn en
<br />:crease is Nts amount when addiuond wveragt is determined
<br />oaropritte.
<br />S¢ i. CIUGENC~ • :his leue is auhiem m the mndidons of diligaat
<br />development antl ronanued operation. except that Nne rondisiana are
<br />excused when ape: anona under the lean err iaurrupted by strike, the
<br />etemenss, or eessuaina not attributable to the insee. Tae insor. in rite
<br />public sntermL may swoeod Ne rondidon of rondnued openaon upon
<br />payment of advaam royaihn is seroedanu wtN rite raguianona to
<br />existence a[ the rime ai the ewwnason. Lann1 ta;iure m proaun coal
<br />in commeraal quanunas rarwerr-aiaF,weaa-shall arminuu rho
<br />lease.'
<br />a~m.*aatiuarnette. l(P/3 ~rM
<br />The lesaorreaervea the power w eaaant mor Drier sire suspension of thr
<br />arena Bad conditions oC Nis leue in aroordaace wtcn, inter nlia.
<br />Seenon .i9 of the Mineral Laumg Acs. 30 US.C.'=09.
<br />Sec. S. LOGIOAL MINING UNIT 7LMU1 EiNn upon approval by Lhe
<br />lnaor at the lessee's appiiunon or at Ne direction of the lwor. the
<br />lease shall become as LMU or pan of as L\IU. sublettto the provisions
<br />acs iorN in the regwadona.
<br />T1te atipulatiow nnbliahad in as L\C[7 appnval in effect at the time of
<br />LNU approvd will suaenade me reievaat Nronstatent terms of she
<br />]ease ao long as the lease remuns commiued to the L\1U. If the L\IU of
<br />wrath Nis leans is a partu dusoived. the lease sndl Nen be auojeet u
<br />the loose terms which would have bean applied u Ne lease had not been
<br />intiuaed N an L\!U.
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