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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 in 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 bands 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 of which 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 s'u? lss(,.is an; aF; ps. <br />Signed and dated this 3 r- & day of J-11 Cur- C- <br />J611 <br />Signature <br /> <br />Title <br />NOTARIZATION OF OPERATOR'S ACKNOWLEDGEMENT <br />STATE OF <br />) ss. <br />COUNTY OF <br />The foreboin ins _ent was acknowledge before me this -day of <br />gf <br />s- <br />b / { s of <br />1.8oo?t l• <br />y ftbd New York My Commission expires: <br />"M 41804M1108 <br />QAWW In Nassau Cou -'y <br />Clualifled in New Yodc Cc-,•-' y <br />Con-mission Expires April 4t',Ij <br />