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? i <br />l ining e1nd ,Safety. <br />Decrease RIDER <br />R - 21uz-H- i <br />BOND AMOUNT $58,000.00 <br />BOND NO. 6254876 <br />To be attached and form a part of Bond No. 6254876 dated the 7th day of September, 2004, <br />executed by Safeco Insurance Company of America as surety, on behalf of Elam Construction, Inc. <br />as current principal of record, and in favor of State of Colorado, Division of Minerals & Geology, <br />as Obligee, and in the amount of Fifty Eight Thousand Dollars and 00/100 ($58,000.00). <br />In consideration of the agreed premium charged for this bond, it is understood and agreed that <br />Safeco Insurance Company of America hereby consents that effective from the 7th day of <br />September, 2004, said bond shall be amended as follows: <br />THE BOND PENALTY SHALL BE Decreased: <br />FROM: Fifty Eight Thousand Dollars and 00/100 ($58,000.00) <br />TO: Five Hundred Dollars and 00/100 (j50.00 <br />) <br />The Decrease of said bond penalty shall be effective as of the 7th day of September, 2004, and does <br />hereby agree that the continuity of protection under said bond subject to changes in penalty shall <br />not be impaired hereby, provided that the aggregate liability of the above mentioned bond shall not <br />exceed the amount of liability assumed by it at the time the act and/or acts of default were <br />committed and in no event shall such liability be cumulative. <br />Signed, sealed and dated this 6th day of October, 2008. <br />Elam Construction, Inc. <br />PRINCIPAL <br />BY: ry, <br />Stephen J. Kaspar, President + <br />Safeco I urance Company of Awi'`riea-;, <br />?WRCTY <br />A <br />BY: iffany G nag , A ORNEy r F . e ;? fyy y <br />y E, <br />• ` fJ lY' ? ?i1 <br />THE ABOVE BOND IS HEREBY AGREED TO AND ACCEPTED > l F?a;,str'ti' <br />State of Colorado, Division of Minerals & Geology <br />OBLIGEE <br />BY: TITLE <br />***Please fax a signed copy to Tiffany McGonagle @ 303-698-7582*** <br />10HRH. <br />h i I b r o g a I & hobbs° <br />HRH of Colorado <br />P.O. Box 469025 <br />Denver, CO 80246-9025 <br />® 303-722-7776 <br />0 303-722-8862