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<br />T-36279282 <br />Sol$ <br />PROJECT NO.MVC-MINES-348 <br />KNOW ALL MEN BY THESE PRESENTS: <br />That the Contractor KESSLER' S RECLAMATION <br />440 RAILROAD <br />ROCKVALE, CO 81244 <br />as Principal and hereinafter called "Principal," <br />and TIG PREMIER INSURANCE COMPANY <br />70 W. MICHIGAN AVENUE, ADMINISTRATION OFFICE <br />BATTLE CREEK, MI 49016 <br />as Surety and hereinafter called "Surety," a corporation organized and existing under the laws of <br />CALIFORNIA are held and firmly bound unto the STATE OF COLORADO acting by and through <br />DIVISION OF MINERALS AND GEOLOGY <br />y <br />hereinafter called -Principal Representative," in the sum of <br />FIVE AND NO/100 <br />SIXTY FIVE THOUSAND EIGHT HUNDRED THIRTY <br />Dollars ($ 65,835-00 <br />for the payment whereof the Principal and Surety bind themselves, their heirs, executors, administrators, successors <br />and assigns, jointly and severally, firmly, by these presents. <br />WHEREAS, the Principal and the State of Colorado acting by and through the Principal Representative have en- <br />tered into a certain Contract, hereinafter called ''Contract," dated APRIL 17TH, lq 95 for the <br />construction of a PROJECT described as <br />TRINIDAD BASIN MINING PROJECT <br />which Contract is hereby by reference made a part hereof; <br />. NOW, THEREFORE, THE CONDITION OF THIS OBLIGATION, is such that, if the Principal shall promptly, <br />fully and faithfully perform all the undertakings, covenants, terms, conditions and agreements of said Contract <br />during the original term of said Contract and any extensions thereof that may be granted by the Principal Repre- <br />sentative with or without notice to the Surety, and during the life of any guaranty required under the Contract, <br />and shall also well and truly perform and fulfill all undertakings, covenants, terms, conditions and agreements of <br />any and all duly authorized modifications of said Contract that may hereafter be made, notice of which modifica- <br />tions to the Surety being hereby waived, then this obligation shall be null and void; otherwise it shall remain in full <br />force and effect. <br />(Over) <br />395-61-01-6229