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STAr~r?f f.OL COIRIIYOF1.10NDEp*uE <br />hu~:::l.taYwT '3d t%tw.U7K.9J~L12Z-! <br />I:iCeNrA::t~flU1H E HEAIII pFt<aY)F.F <br />i <br />_: <br />MEMGRANDLM AGREEMENT <br />EOH <br />[:GALrGAL Ml~ec_~ <br />.. rAN - 11ING AND R P e _ING FRIDR FAS <br />~1 TtUa Memorandum Agreement fa Surface Mining Coal Lease ~Mentorertdum~, made as of <br />the (L day of ~Tgntut~41'L,1995 ('Lease Dated by and heMreen CARL N. (BUD) BENSON <br />AND TEAESA L BENSON ('Lessor', whether ale a more), with address x14701 E. ASHER HILL8 <br />OR, CAVE CREEK AZ tL5331, arW WESTERN FUELS-COLORADO, LLC, a Colorado Limfled <br />Uabi6ty Company ('Lessees. It Ia the intent of the parties to C11s Menwrarldum that Wa document <br />serve as a recordable Memorandum gluing fuU notice of Cat Coal Minfig Lease dated as of _ <br />aTaN¢Nt2U 1 h'! .1995 and granted try Lessor to Lessee ('Coal Lease. <br />eaxt 1592tAt[Q92 <br />H le agreed: <br />i. ra~mnwna, et Lnace- Lessor and Lessee heretry Cancel the Coal mfnfig lease <br />entered Into by Ule partles on October 28, 1994. prior to the time tlat certa4t defects fi Lessors' tltle <br />wets discovered arM corrected. It fs Ute Intent of the parties Cat Clio new tease replace Cie lease <br />for Gds parcel entered Into on October 26, 1994. <br />y ra.~..t ct w-ee Lessor hereby teases unto Lessee, tls successors and assigns, upon <br />the terms and mndnlons set Lath Yt Cda Memorandum and the Coal Lease, the coat mineral <br />~~,~) deposits ('COaI~ boated fi, on and urular the tdlowfig described land (Benson West Property) h <br />• Mordroae County, Colorredo: <br />PARCEL A: <br />THE Wt/2 OF THE NEt/4 OF THE SEi/4 OF SECTION 96, Ta7N, R16W OF THE <br />N.M.P.M., COUNTY OF MONTROSE, STATE OF COLORADO. <br />PARCEL B: - <br />THE SE1/4 OF THE SEt/4 OF SECTION T47N, R76W OF TF1E N.M.P.M. <br />containing ,F~ acres. more or less, with all of Cte rights ('Righted to mrtdlrct mMfig actlviUea as <br />described fi Section 3 of Cda Agreoment It [s mted Cud Lessor owns Ca mat under tl>e Benson <br />Weffi Property. t.essor also owns all the surface at Ute Benson West Property except the part <br />described as follows. which Lesser dose not lease tuuein. <br />Boglnning at tla NoNtaast caner of Cie SE7(4 SEt/4 0} Seaton 38, T47N, Rt6W of the <br />tLM.P.M., iffance west along ti>e rteM tine Ot said SE7/4 S£i/4 600 teak <br />Thortm South 300 teak Glance Eeal 600 teak tllence NoAh along the East Me of said <br />SE7l4 SE7i4 to the point of beginnhtg, County of Montrose, State of Cobredo. <br />Excepting any dght of way for pubec roads therein. <br />BY THIS IFASE, LESSOR INTENDS TO LEASE TO LESSEE ALL OF LESSOR'S RIGHT, <br />TITLE AND INTEAES7 IN THE COAL IN, ON OR UNDER THE Benson West Property. UPON THE <br />TERMS AND CONDITIONS STATED HEREIN. <br />Attachment 2.03.6-1-28 <br />