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-4- <br />Ifthis Financial Warranty applies to lands under the jurisdiction ofthe 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 <br />the 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 <br />of law, this Financial Warranty shall remain in full force and effect until the Board is notified in writing by the Land Board <br />that the Operator's obligations to the Land Board, for which this warranty is executed, have been satisfied and until its <br />release is 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 <br />to the United States, then, notwithstanding any other provision ofthis Financial Warranty, or of law, the Operator hereby <br />agrees. that-this Financial. Warranty shall not be. released until the Board is advised. in writing by the-,$LM.-that the <br />Operator's obligations to the BLM, for which this warranty is executed, have been satisfied and until its release is approved <br />by the Board. <br />This Financial Warranty may be executed in multiple copies, each of which shall be treated as an original, but <br />together they constitute only one agreement, the validity and interpretation of which shall be governed by the laws of the <br />State of Colorado. <br />The provisions hereof shall bind and inure to the benefit of the parties hereto and their successors and assigns <br />Signed and dated this / 7 s/1 day of A/011,CM L?E/L , J. 00 <br />?T NE &466 ? yL?.TM F)+TS 1-1-C. (SEAL) <br />Operator <br />By: <br />A rized ignature <br />A f.4 NA E; E"2 <br />Title <br />NOTARIZATION OF OPERATOR'S ACKNOWLEDGEMENT <br />STATE OF a a,- ) <br />COUNTY OF 1919rn/r j ss. <br />The foregoing instrument was acknowledged before me this -rjday of AI UE EAR- 2 DOS , <br />by .fir-X?AAl T /v d V1 ck as AjA"A6rA- of. STbNE C'L?fi?NVESTr?E?, L LG <br />G" - <br />_ _ _ NOT Y PUBLIC <br />© RY Seal J -7 <br />CARYN R. KABACINSKI My Commission expires: <br />yI V/ <br />3AL " Resident of LaPorte County, IN y My commission expires <br />August 2, 2017