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Documentary Fee
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<br />SCAf+1 QATE QUITCLAIM DEED
<br />THIS QUITCLAIM DEED is made effective the 31st day of March, 1997, by and
<br />between 'CYPRUS WESTERN COAL COMPANY, a Delaware corporation, with an
<br />address at 9100 E. Mineral Circle, P. O. Box 3299, Englewood, Colorado 80155
<br />(hereinafter referred to as "Grantor"), and TWENTYMILE COAL COMPANY, a Delaware
<br />corporation, with an address at 29587 Routt County Road #27, Oak Creek, Colorado
<br />80467 (hereinafter referred to as "Grantee").
<br />o WITNESSETH:
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<br />THAT, WHEREAS, Grantor has elected to transfer to Grantee, a wholly owned
<br />c subsidiary of Grantor, as a contribution to the capital of Grantee, all of Grantor's right,
<br />title and interest in and to that certain real property (the "Property") situated in the
<br />W Co county of Routt, State of Colorado, as further described in Exhibit "A" attached hereto
<br />and made a part hereof; and
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<br />:,-: WHEREAS, Grantee has elected to accept from Grantor, as the sole 'stockholder of
<br />c x-4 Grantee, as a contribution to the capital of Grantee, all of Grantor's right, title and
<br />ra interest in and to the Property.
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<br />a a NOW, THEREFORE, for and in consideration of Ten Dollars (510.00) and other good
<br />and valuable consideration, the receipt and sufficiency of which are hereby
<br />acknowledged, Grantor does hereby remise, release and quitclaim, and by these
<br />•• z4 presents does remise, -release and forever quitclaim unto the said Grantee, its
<br />successors and assigns forever, as a contribution to the capital of Grantee, all of
<br />Grantor's right, title, interest, claim and demand, both at law and in equity, of, in and
<br />al.p to the Property.
<br />C14 c°v TOGETHER WITH, all of the rights, privileges and franchises thereto incident, and all
<br />o -P and singular the tpnernents, hereditaments and appurtenances thereunto or in anywise
<br />O appertaining, and the rents, issues and profits thereof; and also all the right, title,
<br />M W interest, property, possession, claim and demand whatsoever, as well in law as in
<br />o equity, of said Grantor, of, in or to the Property and every part and parcel thereof, with
<br />w the appurtenances,. including all after acquired title.
<br />M THIS QUITCLAIM DEED is made and accepted without covenants of warranty
<br />r. whatsoever and is subject to mineral reservations and conveyances of record; to all
<br />ordinances, resolutions and decrees creating special statutory districts; to building,
<br />zoning and subdivision restrictions and regulations; to all existing easements, if any,
<br />3 including easements for telephone, power and telegraph lines, for roadways and
<br />co irrigating ditches, canals and reservoirs; to reservations contained in patents; to oil and
<br />x gas leases of record; to discrepancies, conflicts in boundary lines, shortage of area,
<br />encroachments and any facts shown by a correct survey and an inspection of the
<br />Property and which are not shown by the public record; and to any liens for special
<br />y, improvements, if any, whether assessed or not.
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