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MEMORANDUM OFLEASE <br />(20 Road Gravel Pit) <br />THIS MEMOKANDUM OF LEASE dateds~ r'~ day of August, 2005 made by <br />and between Martin and Donna Azcanaga, as individuals, (herein called "Lessor") <br />and M. A. Concrete Construction, Inc., a Colorado Corporarion, (herein called <br />"Lessee"): <br />Lessor hereby leases to Lessee hereby leases from Lessor, the real property described <br />as: <br />Lots 1, 2, 3, and 4, ZO Road Industrial Park Subdivision, Mesa County, Colorado. <br />For the purpose of mining, processing and removing sand and gravel from the above <br />described lands (hereinafter called the "leased property") for a term of fifteen (15) <br />years commencing on the date hereof under the terms, provision and conditions set <br />forth in that certain Sand and Gravel Mining Lease date herewithin (herein called the <br />"Lease Agreement") between Lessor and Lessee covering the leased property. <br />Reference is here made to the Lease Agreement for all terms, provision, covenants, <br />agreements and conditions contained therein which are incorporated herein by <br />reference and expressly made a part hereof. <br />)N WITNESS WHEREOF, Lessor and Lessee have executed this memorandum of <br />Lease as of the date first above written. <br />LESSOR: <br />i3 <br />Martin Azcarraga <br />sy: ~ L t. ~ <br />Donna carraga <br />