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-4- <br />If this Financial Warranty applies to lands under the jurisdiction of the State Board of Land Commissioners ("Land <br />Board"), and if this Financial Warranty, in whole or in part, is accepted by the Land Board as the bond required under its <br />applicable law and procedures. then, the Operator having requested that the state accept this Financial Warranty in lieu of the <br />separate bonds which would otherwise be required by the Colorado Mined Land Reclamation Board or Division of <br />Reclamation, Mining and Safety and by the Land Board,, hereby agrees that, notwithstanding any other provision hereof, or of <br />law, this Financial Warranty shall remain in full force and effect until the Board is notified i.n writing by the Land Board that <br />the Operator's obligations to the Land Board, for which this warranty is executed, have been satisfied and until its release is <br />approved by the Board. <br />If all or any part of the Affected Lands are under the jurisdiction of the Bureau of Land Management, United States <br />Department of the Interior., ("the BLM") and if at the request of the Operator on this Financial Warranty the BLM has, <br />pursuant to 43 C.F.R. 3809.1-9, accepted this Financial. Warranty in lieu of requiring a separate reclamation bond payable to <br />the United States, then, notwithstanding any other provision of this Financial Warranty, or of law, the Operator hereby agrees <br />that this Financial Warranty shall not be released until the Board is advised in writing by the BLM that the Operator's <br />obligations to the BLM, for which this warranty is executed, have been satisfied and until its release is approved by the Board. <br />This Financial. Warranty may be executed in multiple copies, each ofwhich shall be treated as an original, but together <br />they constitute only one agreement, the validity and interpretation of which shall be governed by the laws of the State of <br />Colorado. <br />The provisions hereof shall bind and inure to the benefit of the parties hereto and their successors and assigns. <br />Signed and dated this <br />C arIlLQ <br />day of q&Lu Lam!/ "20V I <br />i-u 1 Oev elp4 ot- <br />Operator <br />By: <br />Authorized Sign tore ckv- <br />Title <br />NOTARIZATION OF OPERATOR'S ACKNOWLEDGEMENT g rY <br />STA-I-E OF <br />- - - --- --------- <br />C.OUPaTY OF. <br />- - .. __._ _._____..._._.-. .. _......) <br />The foregoing instrument was acknowledged. before me this CV4day ofCIQP <br />by e ??G as ` QIX4 q-C, of (X Gct.2i? ' ?- <br />,a. <br />LINDA R HECKER _.__ AIR ...Notary Public State of New York ivY PUBLIC - '---_ - _.".. <br />Ontario County Reg # 01 HE5054476 <br />'My Commission expires:.. <br />Commission Expires January 16, 2040 <br />- 4