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1 <br />11 d <br />11 11f1 I I a IL Ill h t 1 .11 1 111 III lII 15 9301 @2511 <br />.ChrLiC.P.ncz PuebloC YC1t{Rao W 1 5609 A 66.38 <br />SPECIAL WARRANTY DEED - <br />THIS SPECIAL WARRANr'Y'DEED is made this 4th day of- November 2004 <br />by Kenneth L Koslowskl, an individual, whose address is 10914 West 85th Place, <br />Arvada, Colorado 80005; Kenneth G Montoya, an individual, whose address is 6417 <br />Signal Mountain Road, Beulah, Colorado 81023; and Karl D. Smith, an individual, <br />whose address is 9400 Past Maplewood Avenue, Unit 19, Englewood, Colorado <br />80111 (together hereinafter referred to as "Grantors") and Pete Lien & Sons, Inc., <br />a South Dakota corporation qualified to do business in the State of Colorado, whose <br />address is 3401 Universal Drive, Rapid City, South Dakota 57702 (hereinafter <br />referred to "Grantee "). <br />WHEREAS, Grantors and Grantee have previously entered into an <br />Exploration Agreement and Option to Purchase dated April 23, 2003 a <br />Memorandum of which was recorded in the records of Pueblo County, Colorado on <br />April 28, 2003 at Reception No. 1498186, and <br />WHEREAS, Said E ploratian Agreement and Option to Purchase was <br />amended on October 27, 2004, and - <br />WHEREAS, On October 27, 2004 Grantee exercised its option to purchase <br />saidNotice of Exercise of Option to Purchase having been filed tor record in Pueblo <br />County, Colorado on October 29, 2004 at Reception No. 1592089.. <br />_� - - - "— NOW, THEREFORE; Grantors'for and in consideration of Six Hundred -Sixty <br />. Five Thousand Dollars ($665,000.40) in hand paid by Grantee, receipt of which is <br />hereby acknowledged by Grantors' hereby sell anii convey to Grantee the real <br />property situated in the County of Pueblo, State of Colorado, to wit <br />j4 - See Rx1 {bit "A" attachedhereto and.ineorporated herein by reference, <br />'' together with the following: • <br />1. Alt of Grantors' interest in all wafer, water rights, ditches, ditch • <br />rights, storage rights, reservoirs, reservoir rights, wells and associated <br />• well permits (including Specifically, bat not by way of limitation, two <br />"(2) water. wells bearing Well Pernl.it Nos. 12918RR and 12919R <br />. - respectively) whether tributary or non - tributary, appurnen ant to orused <br />in said real property described on Exhibit "A" attached <br />hereto, and <br />i()P, 122 <br />2 <br />'T <br />