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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 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 of which shall be treated as an original, but together <br />they constitute only one agreement, the validity and interpretation of which shall be govemed'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 successorsdri assigns. . <br />Signed and dated this ?r day of Z"0` <br />(SEAL)'u <br />Operator <br />B } <br />Y: <br />Authorized Signature <br />(aree , k- <br />STATE OF <br />COU-INTY <br />Title <br />NOTARIZATION OF OPERATOR'S ACKNOWLEDGEMENT <br />acknowledged before me this day of <br />by <br />Joseph"L. am <br />NOt' ,ftft4** t Wy0 <br />N0. 01 1tfQ <br />Qual in Nal au.cot"h <br />Qualified in New York Count' <br />Commiieion Expires Apifl 3D, <br />of <br />My Commission expires: