. : ~: ~ pt/ ~C. ~_a ~la~k~_M, ~VIAY 2 4 1983
<br />f ; ~' Reception No, ~,~~ MILDRED ALSDORF,. RECORDER (j(i~,~ ~< P~Cc~•i ~~$
<br />` `~-`
<br />-~ MEMORANDUM OF LEASE
<br />(~,
<br />THIS MEMORANDUM OF LEASE, made and entered into th_~s
<br />10th day o.f February 19 $ 3 , by «: ~d between
<br />~iELEN C~IR]:STINE "NELL' ELDRTDGE and ED ELDRIDGE, indi~.~a.dually
<br />and as d< <_;ignated Trustees under that certain Ir. r~}vocai~le
<br />'T'rust Agreement dated August 12, 1976, and reco.r~~te~d as
<br />Document Dto. 276175 in Book 491 at Page 973 of the C..; r: field
<br />County records, hereinafter referred to as "lessor" and
<br />WESTERN ASSOCIATED ENERGY CORPORATION, a corporation created,
<br />existing, and in good standing under the laws of the State
<br />of Texas, and possessing a certificate of authority to do
<br />business i.n the State of Colorado, hereinafter referred to
<br />as the "lessee", WITNESSETFi:
<br />The parties hereto have entered into a Coal Lease
<br />Agreement, dated the 15th day of October, 1982 for a term of
<br />four years from date thereof, provided that the lease may be
<br />extended and remain in full farce and effect so long as the
<br />lessee shall be actively developing, mining, and marketing
<br />coal from the premises, all as is more particularly described
<br />in said lease, which lease affects all of the coal in, on,
<br />or under the property particularly described in Exh~.bit "A"
<br />attached hereto` together with the right to use so much of
<br />the surface thereof as is reasonably necessary in connection
<br />with the said Coal Lease. Agreement.
<br />• IN WETNESS WHEREOF, this Memorandum of Lease has been
<br />signed and sealed by the lessor and duly executed by the
<br />lesse4~ the day and year first above written./
<br />WESTERN ASSOCIATED ENEFtGY~ - C..,~/~"(._-~ e~
<br />CORPORATION, A Texas Ed Eldridge, Individuall~as
<br />Corporation Trustee for the Trust
<br />___- ,/ 4 1 ~
<br />T'resi.dent Helen Kristine ell" Eldridge
<br />Individually and as Trustee for the
<br />Trust
<br />STATE OF COLORADO }
<br />} ss.
<br />COUNTY OF GARFIELD )
<br />The foregoing Memorandum of Lease was acknowledged before me
<br />this 10th day of March 1983, by Ed
<br />Eldridge a;nd Helen Chra:sta.ne 'Ne11 ' Eldridge, individually
<br />and as Trustees of the eertain Irrevocable Trust Agreement
<br />dated August 12, 1976, and zecorded as Document No. 276175
<br />in Book 49'1 at Page 973 of the Garfield County records.
<br />• ,, ,. . WITNESS my hand and official sea
<br />a~+~ ' J ~,~My, commssi©n expires; 2-27-8
<br />,4, •~„ ... L~A4~ ~ a,,,
<br />~~$~ ~. y: _ ry Public
<br />~ ; ~~ ~!~'"i.~0 .~' ~ e Addre . O . ox 4 0 0
<br />~ '• • r", . yeti:
<br />~'•~~'°"`'~ a' ' ~.° . ~ Glenwood Springs, CO 81602
<br />., •.•
<br />COUNTY OF GAR~`-~CI~LS~-'~~ )
<br />The for~gai<sg Memoran#`~unt of Lease was acknowledged
<br />before me ths~ ` 1,~1th day of February 19 8 3 , by
<br />..,.~. Stev;~ Martts,~.ch a~ ~ Pz:'es~erzt of Western Associated Energy
<br />~ J ~~rpoar anon, ~ ~'fexas ccargax'ation. .
<br />. ~~ ~,,r~,. ~
<br />~~ ~,~ ~yTiAZTNE'.~E =z~`y hand and official seal.
<br />~ ~:
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