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~ Form 2525 :~`~:~ ~ 54C#lon ~. ~ E A S E ."~QV. Z~~ ~~ 999 LEASE NO. THIS LEASE, Y~de am en4rod lptott4 13th dax at Februi ,al~~' 'hetweea THE DENVER AND RIOORANd$ WESTERN RAILROAD COMPANY, a De4 ~~ ogled "Lesor,'• am J. H. LIONELLE, an individual doing SOIL CONDITIONING COMPANY, Mailing Address: Drawer herefsalter celled "Levee," WIT NESSETH, 1'ha[: 1b929 lY'Y 1978• wale corporatloo, heroidaf4r business as U. S. 926, Salida, Colorado 81201 _ Section 1. Lessor, In conaideratlon d the reo4 b be paid ~pd the gti~ree men4 to Ix performed hl' Lessee, herohy leases to"Levee pttvusea a1tw4 In the County of Y~remont std s4te d Colorado [o-wl[: An irregular tract of land of the Lessor lying 8.5 feet northerly of the centerline ~ of I.C.C. Track No. 131 opposite Mile Post 208 plus 4526 feet at Wellsville, Franont ~ County, Colorado, as shown in red on the attached ma Dwg. No. W-219, containing ~ about 29,340 square feet. ~• tV (b). r...t_ro h.ve am to hold .aid above descrllxd property from- Mflrch 15 , 1978 unlll each time a this rlQreetnent shall be 4rminated a hereinafter provided. Section 1. RaaNl-Lessee etareea to pay to Ieeeor a rental of THREE HUNDRED AND N0~100--------- ------ DOLLARS (1 300.00 )per annum ,payable annually In w.ance. 9ectlon J. Purpsa-Lessee agrees to use said prcmlaea for the tollowisg purpose am for o0 other, to-wit: As a site to mill, crush, produce, sack and store soil conditioner products. Section 4. Isyrorawsnra-Leeaee shall maintain ell improvetmn4 wha4cevar which on the dste hereof exist upon the leased premlaee and it Is agreed that Lessee may construct Improvements upon the lessed premises con- sls4nt with the purposes o[ this lease, provided always, however, that the style and type of cooetructlon shall De ' aubJect to approral by Lessor. All Improvements on Ne leased premlaee Including those which oo the dale hereof eels! upon said pre mleea and those hereafter constructed on Bald premises shall, during the contlnusnce d thl• ` " ~ lave, be maintdoed ^m painted try the leases to the satislactlon of the lessor, std at all times be kept by the lessee in a state o[ good repair. All irnprovemen4 heretofor or hereafter constructed upon the leased premises shall be deemed to De attached to the lam std to be the property of the Lessor, eubJect to the corditlon hereln- '~ alter stated: provided, however, that It at the terminetlon hereof Lessee shall hsve fully Vald the rent herole rexrved and shall In ell other respect have (althlully kept, observed sm performed the agree mea4 hettol, then ' such lmprovemen4 on said leased premises u mty have been purchased by Lessee or erected or placed tgan the '~ leased premises by Ne Lessee shall upon such terminatlon become the property of the levee and said Levee may, or at Ne request of Lessor, shall, within thirty (90) days alter 4rmina[lon of th1• lease, rottwve at lessee'• sole e~enee such Improvemen4 on sold leased premises •a may have been purchased by lessee or eroded or placed upon ssld pre misea by Bald Lessee am restore said prem4ea to suba4ntlally their former state is accotdattce wllh the provleloru of 9ectlon Zl hereof, but I[ Leeeee shell De Id default upon the termisatloa of Nis lease, then such improvements oa sold leaned prcmises as may have been purchued by lessee or ettcled or placed upon said premises by Lessee, shall remain the escluslve properly of the Lessor: provided further, however, Wat U al the terminatlon herool Lessee a io default la any d the agroerxn4 herale contained am Lessor shall severlheleu desire Lessee 4 remove such Improvemenle on the leased premlaee u may have been purchased by lessee or erected or placed on said premises by Lessee, am shell eo rollfy Lessee, Then all ouch Ittprovemen4 shall upon such terminatlon become Ne property of lessee and lessee shall remove Ne same from the leased premises am restore uld prem4ea to subetantlally their torraer date !n acaordanw with the provlaforu of 9ectlon 71 hereof.