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<br />UVI'?" =C 1A.-- ES
<br />:)=-° ° N?' OF TFIE Intl TEEMOR
<br />?LZZ OF LA.YD RA 1Nrs.CL.PrL:TT
<br />t=A_1 R-E kDJUS M-_ lT
<br />Sc-?I?u-x C-1362,
<br />)-jib September 1, 1967
<br />:his tsse_ entered .m ry aa: U- in the U; r.= 3TkT= OF AwrV1u 4ec?.nxiter =llea lessor, :h rou5» se 3fL-Ran
<br />of sae ?Sseagr?eat ?_
<br />Mountain Coal Company
<br />555 Seventeenth Street
<br />Denver, Colorado 80202
<br />he:_i=a*-er ailed :ersce is -#T-+ •effecmve Se tember 1 1997 fora
<br />p , period of 10 its.-sand 'r so ioae tlerear•,a as jai s
<br />cod: in nnaa-_t q-aamnes ::net Lie ieased lands, subje- to readjoatmesr of lease ups at .ie err of M:z 10-year iease Der e-
<br />Sec._ =sit roar ?d)ast :c::ts issued pursuziat and subject to the texas and provisions of the
<br />IM 4Le_-ai - Iasi g?? of :? . {r. of Febraary 25. 1920. as amended. 41 Star. C. 30 L.=.C.:?i•' ^e g :a= ee ?ed ro as the ac;
<br />anda, Act of ngust ;. 1947. 61 StaL 913, 30 U. ,C. 251='GS
<br />and :o tae ieviarc=s a :e ::=s i -=v3 of the Secetasy of tnelnterior whit-, ar_ now or sertafter in fore. wnen not snaxstenrwitazha G.:-;nzs
<br />and s-? a p:cv+=+--? hers:..
<br />Sec. 2. =zsaa:. _ . ==site.-sacs of a=y rents, and royalties :o be paid, and the conditions and covenants :c be ec:ar+•:d as "marr_n se: 'or.. he.-e?
<br />»aau :.u iesa?s •.:.e G?ir3'.ve ?e L: a-'1C pr:vilegF [o trill [O:. nine, eat:ac rGmOVG, Or nth e."wile ^romss and dis p81 ..
<br />Or 'SLG4'wG -3LOw', :,{ :es=.:e= e" •+^n rY .7aSe a::SC dCJOS:ts:.:A, L',9C :.
<br />T. 13 S., R. 90 W., 6th P.M.
<br />sec. 27, lots 1 to 16, inclusive;
<br />sec. 28, 'lots 1 to 16, inclusive;
<br />sec. 29, lots 1 to 14, inclusive;
<br />sec. 30, lots 5, 6, and 9;
<br />sec. 32, lots 1 to 9, inclusive,
<br />Reservoir;
<br />sec. 33, lots 1 to 16, inclusive;
<br />sec. 34, lots 1 to 16, inclusive;
<br />excluding 24.8 ecres its Independent
<br />T. 14 S., R. 90 W., 6th P.M.
<br />sec. 3, lots 1 to 4, S''-5N?. and Sk;
<br />sec. 4, lots 1 to 3, Slgl-h, SE14Niac, VSW3-4, SE4;
<br />sec. 9, NIINE?, and SEINE'-s;
<br />sec. 10, NL--
<br />=nt1ag4836. 36 ass, sore cr iesa, ageL4er pith the =ghc to =n:_ ac:auea works, building= pia s?:cx t^uipmert aac appiiaacn
<br />aac _e --z:- ;;.a use sac_ on-lease -ga:s•uf-way whica =ay be necessary ads convenient in Lieeze.c.se of at
<br />=;a s one ;-:vtgea ran ei sable
<br />Lhe ==d!"ons .^.e:^_: pro V1C2_^
<br />=AH: l i =RMS ANC ,`.CNC.-5CNS
<br />Sec.:. gal RENTAL -mA-,z - Lessee a' nall pay lessor rental annually and
<br />.n a? v2-'et fpr aae» sc. a o: '.:3C^-on Mereof during the continuance of
<br />Lie ie"e ar ::e :ate :t h 3.00 for earn lease year.
<br />tb) AcENTAL eejl snail not be =edited &gains: either
<br />;.rocacon or aavJ=n :vva1:13 for any year.
<br />=ee _ im FF.O^.UC.70H ACYAL712-1 . The royalty rnaU be (surfai
<br />12:.5 percent and (underground) 8.0 fir.
<br />cent of:he value of _c dal asset form in the m"lations. Royalties are
<br />due t::essor roe t_=:: av at tat monun succaeamg the calenaar month
<br />1n w=C1 Me:ayalr,. obligat;on accrues.
<br />ib) ACVANC'e ACYA_-=ES . Upon'rrouest by the lessee, the author.:ed
<br />afwLYasya oL.ratoralofnot=orsthantoyears,thepaymentof
<br />aovs=c myaian :: ilea at aat:aued operation- consistent With the
<br />regwacons.:Se aevanee oval y snail be based on a percent of :he
<br />value of a rist %= snaoer of tans detained in the manner
<br />esLazd hed by sac ecvance:7valryZgulations in enact at rise ti=e the
<br />lessee requests approval to pay advance royairies inlieu of eoatrnued
<br />opera=or-
<br />Sr 3. SONGS -Lessee shall maintain in the proper afrsea a lesse bond
<br />intnea=ouatof5' 120,D00 -7aeauthori.ed0 r:tcermayrepuirean
<br />ine..sse is ats s.` ounc when additional coverage is derarminod
<br />appropriate.
<br />See 4. OfUGFNCS - T: is Jesse;- snbjr_. :»e nnd,ions of
<br />deveiopmentand ronarsuedcpe-zaon.t :,cL?att eaeconc ionsa:e
<br />esr.:sea wren ope -auor_s uneer: s it:Lse a : i-ta - atad by sz kes..ne
<br />eierasats. or casualties not at:-__ceable:a :at lessee. `.a iessor. in -.::e
<br />public interest. may suspend ae me =aa cfnrenued ooezuon ucar
<br />payment of advance royalies _ a:--:r_aacx watt -he :!guiacorts
<br />W
<br />existence at the nose of :ae susnenstorL :.Boat! failure to proauce czai
<br />in earl,__a-=iyl quaAAGm ec 1.2e a n.s :::6 vla.'S S LIT te...1nr1t2 [.^,2
<br />leaaa. Lessee shall saoras: an operation z: rt-t_pian pe suan t
<br />to Section 7 of the Act not later -;l vea.-s alter n)e efiemveame =i
<br />xis keso reecittxmn-t,
<br />The lessorreserves the power to assen'%:a or9 er the susoension of
<br />terms and conditions of this lease it: L=rdince wit i. inter cii_.
<br />-ZeettOn 39 of the Mineta% Ldastag 3.C. C. 2-"9.
<br />Set S. LOWCAL MINING UNIT (L:4t)) • _ther upon approval by the
<br />lessor of the iessee's appifeaaor, or at: tae di.-e_--4oa of tat lessor, _.is
<br />lease shall become an L-M i.; or par, of an :.MT:. sub jec: to rise provisions
<br />net forth is Lhe e$ulationa.
<br />The stipulations estabiished i. an ;.;,tl: apprsval in .-em at Lhe d•n a cf
<br />L:dU approval will suaersede as "eieva=t inconiutent tar._s of LOU
<br />lease so loac as the lease rems:as mmn,i to the L'tha L`.t i; of
<br />whim this lease is a part is dissoiver :ae iease shall then be subjec::o
<br />the !ea** ter a woicirwould have been appue_if we itase had nat neto
<br />included is an L` U.
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