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ASLS 71-3 TR B UGAK BAY - Property CardOwner / ✓mil /. '' / Mailing Address F2' "Val _ / IA) Property Address _ Permits A•6, .. , ;, �t ti,- .Lt,.� J l tlt c �a s-+ C.1 +U •ts -•c-6 / s /7 1 Date Built O r ,q /2 ic fe,e,a4) A lib L 5'33 5 Observed Physical Condition Exterior BUILDING TYPE AND USE 4. EXTERIOR — Single - Double `Other — # Stories ,Attic Finish Basement - Frame. ,Concrete - Block —Log 1. FOUNDATION ___Concrete Thick Conc. Block" — Wood Posts Skids _Wood Sills 2. BASEMENT _Concrete Block Sheathing Kind - Building Paper ._Insulation _ Kind _Stucco Siding Kind Shakes _ _ Bricktex — Log Slab —Log Siding Metal Plywood Interior C rn OJ r cn co `�� j w 11X j 3 KL7 D l A IC Foundation 6. INTERIOR (Continued) 7. Floors (Continued) Trim Kind Grade _P e G Floor Basement 1st Floor 2nd Floor 3rd Floor Attic Total # Number Rooms Number Baths FINISH Wood Concrete Both Living Room Bed Room 8. HEAT I 1 Partial —x S.F. Full Cribbed .._Concrete _Outside Entrance _Rec. Room Size Living Area Size Fin. Walls Kind Fin. Floor Kind — Fin. Ceiling Kind 5. ROOF —Flat _Gable _Hip — Other Kind Shingle Shakes Composition # Shingle _Insulation Kind Tar Paper Metal Kind Built -up Other 6. INTERIOR 3. FRAME Walls o Bracing Roof Floor Ceiling Other oc o.c oc - Insulation Board Plasterboard Plaster ,___Masonry — Wood Paneling Plywood Finished __Unfinished Open Stud Grade of Floor Plan _P ___A Ceiling Height - Basement 1st Floor —2nd Floor —Attic Grade of Kitchen _ P Oven Built -in — Range Built -in —Bath Room Finish _Attic Stairway _Attic Unfinished Attic Useful _Number Dormers Shed Type Gable Size Size Stove .___Oil Furnace _Coal Stoker _Hot Water _Hot air Forced _Radiant _Space Heater Kind _Floor Furnace _Number of Chimneys _Kind NUMBER OF FIREPLACES _Basement _1st Floor Type 9. PLUMBING (Continued)—``— _Water Source _Sewer Source 10. ELECTRICAL _Wired _-220 Service Gra( TOTAL GRADE 11, GARAGE 9. PLUMBING 7. FLOORS 1st Floor o c Bridged Post Size oc Beam Size o c 2nd Floor o c _# Tubs —w /shower _# Toilets _# Basins T# Kitchen Sinks — �# Shower Stalls _# Hot Water Tanks _# Gallons Kind Grade 12 PORCHES 13. YARD IMPROVEMENTS # Laundry Trays _Total Number Fixtures Other Buildings Area Floor Roof Interior Heat Plumb Unit Cost Adds & Deducts Repl. Cost Age Condition Building Cost BUILDING VALUE CALCULATION OPERATIONS AND PROCEDURES BUILDING AREA CALCULATION Item No. Area or Quantity Unit Cost Total Performed By Date Square Feet — Ground Area Inspection Floor or Part Width Length Area Classification Calculation Review DEPRECIATION AND OBSOLESCENCE DEPRECIATION ADDITIONS AND DEDUCTIONS a. Effective Age Depreciation Notes: b. Observed Physical Condition c. Total Depreciation (a 4b) Perimeter Scale 1/4" - d. Net Condition (100 - c) OBSOLESCENCE e. Overimprovement f, Underimprovement g. Other h. Net Condition (100 - (e+ f +g) i. FINAL NET CONDITION (d x h) SUMMARY OF APPRAISED VALUE Principal Building Appraisal Other Principal`, Buildings Appraisal Accessory Buildings Appraisal To al Replacement Cost Cost Conversion Factor Total Building Appraisal Total Land Apraisal Adjusted Replacement Cost TOTAL APPRAISED VALUE $ • KIBS216137 Other Description: 5Z 7/ , J (/� �l >/T /C Size: Area: /36 , 77g- Use Zone: CAI Valuation Code: Land Use: V}C./ Unit Price: ;5, f,4,` j/r Ziit Year of Valuation: /Q ^7 ,_ 1 ,A Basic Land Value /71/50(—) L . Plus or (Minus) Factors Net Price of Land INFLUENCES: PLUS MINUS Depth Land Bldgs. Topography — ) °l'72 7,:ir- 4.- f)p / �A,S.�i1 Irregular Modification View -1 -" - 1913_4 MI ft Drainage ZSS- — 2-co Physical Barriers i____0Lr.,.a._ ✓f b, 044-4, LL...s....:11; A .Z7 T e - Access . - /915 .. , -:-1- Corner — atgo .3/./1'5r5} Li /222 641 $,(' /mot -1'--/,--,, Water . 1,Ja f. ;� ! % ' Pc> • 2 P9O) Sewer 3 ,i,`i .3 7/75/i 4 ;ff04 1, 1/L, P,4 '"'oo Sidewalk 19 7 r Ida...P.�LO�). �4 f 4 , / .. tu' p.f.y'a Paving ar9d) 1g7ct Curb & Gutter Joe -- 3010 Other No 1)'a= ro-4,� -rrnc/r 3,,,,,r3 TOTAL 3,4'3 ki .4.z.tSP9SSL- !gf p 0 r Net +6 1) ' - --"_.__ -_ :4 Remarks: / 1, icemAJ-r-Ai ?4. (A0.-4K / LAND VALUE YEAR OWNER ASSESSED VALUATION REASON FOR CHANGE Land Bldgs. Total ) °l'72 7,:ir- 4.- f)p / �A,S.�i1 1913_4 MI ft r ZSS- — 2-co i____0Lr.,.a._ ✓f b, 044-4, LL...s....:11; A .Z7 T e - .2'77 d . - /915 AG..:G..,..., '- Aff90 — atgo .3/./1'5r5} Li /222 641 $,(' /mot -1'--/,--,, i9j' mil . 1,Ja f. ;� ! % ' Pc> • 2 P9O) .2c026:..,?-2 ,Q�90^ 3 ,i,`i .3 7/75/i 4 ;ff04 1, 1/L, P,4 '"'oo " 19 7 r Ida...P.�LO�). �4 f 4 , / .. tu' p.f.y'a �- ar9d) 1g7ct oaraok, Pak git Joe -- 3010 No 1)'a= ro-4,� -rrnc/r 3,,,,,r3 — 3,4'3 ki .4.z.tSP9SSL- !gf p 0 r LtJV2, Prr..., 4 g I O e� 8 - --"_.__ -_ p 3 e3 f85 • l a gp . ". k '5'0 - 7 0 • 0 /6t" - tetS/14) , Da ( •17' rer,"47r gs,) _ -7:Eca f26 i 2)-mi 4 &M (7 '7. — ? PiA/ ) DUOS; K' 1 t-r- .16;09 ` 15rab 1 q- --1.a-1,ks� 16e.,r,n --f- is prib --- l s,ort) i qS'i D/) u) i r iS-, Oa `f i, 1Pctsq 1 ' i '( )5,0o 0 - 15 00c l y° •, r r ) C-( 0 .'_ ) 5-/pCC) /5)1)- C 1UL,i-5 G', PJ -4.7 i /S Ueki - /c, d%CJ 0 IcN 3 J .Dour3E {S.- I,k,~vT /51000 — _ lSf Dob I REMARKS: �� --C6 C1 �../..AAA.4..,4 e,r,.. " __,Q PICTURE: J"` ( DI-1 , r 5- 4- 072S ) 4t4.7 Ai /C. 2e1¼) ,42v_ �3 3 e g x,140 Pin „a) ��a U. R��4Pe 1i N:FteQu,Ib ls:fier PSC. U KIBS2161.27 PLACE PICTURE HERE YEAR OWNER ASSESSED VALUATION REASON FOR CHANGE Land Sldgi. Total - 1 9 91 / (06ws a, /term f/- iS,000 / "-ZOOO %�� ),see hi/cad- �4?)0 -- /5 4eA _g fa? Pam i*9Y/ l99�� ,o (-0 - ,S,66/) `199? it IS, 000 — 45, MO L1 ,Td2 z000 — /S.eseb Mt) it l i 1540) — 100a0 Ii t) l5:1 /5zW zel 11 o /5z ` / iLD,P• " a) 15 o — f i)ezD ,g6iD II t / lip — 1 Jr,ctO 11 of November I, 1972 CERTIFIED MAIL RETLIRN RECEIPT REcUESTED A..ti i A. Lerman Sox 1493 Kodiak, Alaska 99615 Re: AOL 53388 - State of Alaska Patent No. 1520 Dear ter. L3rn : It givos us pleasure to enclose State of Alaska Patent No. 1520 convoying to you Tract "B of Alaska State Lend Survey 71 -3, containing 3.14 acres more or less. It is our suggestion that, for your protection, the enclosed patent be recorded In the Office of the Recorder, Kodiak Recording District, Kodiak, Alaska at your earliest convenience. If ue ray assist you further, please advise. Sincerely yours, E. J. KEE11AN, Director By: L. T. -Nein Lands Disposal Officer Enclosure az Kodiak Island Borough KIBS216131 Rev. 7/70 STATE OF ALASKA DEPARTMENT OF NATURAL RESOURCES DIVISION OF LANDS 323 East Fourth Avenue Aachcrage, Alaska 99501 LEASE AGREEMENT OPEN TO ENTRY ADL No. 533°%13 THIS INDENTURE made and entered into this 9,rt-1, day ofT1.-.,,,._,,.;�., 19:77 , by and between the STATE OF ALASKA, through the Director of the Division or Lards, with the consent and approval of the Commissioner of the Department of Natural Resources, actin; for and on its behalf under and pursuant to AS 38.05, as amended, and the regulations prormulgated thereunder, as amended or hereafter :mended, hereinafter referred to as the LESSOR: and id. •_•• • i 1'nY ��t7 o «l fb, r'.:.r ! `'� is n.-i cwt,•.. hereinafter referred to as the LESSEE :.��''� WITNESSETH, that whereas the Lessor has . classified the lands herein_ demised as: Open r =g. larch on------ .r.:.p:G «" ^a- 19 F , pursuant to AS 38.05, as amended; and WHEREAS, the Lessor has caused the lauds herein demised to be appraised and such appraisal was made and approved on or after fir. , 19 ; and WHEREAS, the Lessor has caused a notice of intent to lease the lands herein. demised to be published as required by law or caused notices of intent to lease to be posted a•s re quired by law;.and WHEREAS, an auction of the herein demised property was held at the time and peace , designated by notice and said sale was approved by the Director of the Division of Lands, Department of Natural Resources, State of Alaska: NOW THEREFOR, the Lessor has agreed to let and does hereby let and demise to the Lessee, and the Lessee has agreed to take and does hereby take from the Lessor all-that lot, piece, or parcel of land more, particularly bounded and described, as follows: C!!? Nom• P;,�- w+•^.+.f', yaT. .1 TO RAVE AND TO HOLD the said demised premises for a term of -F;ve ( 5 ) years commencing on the 25th day of o:;r•, *3;-y 19 7 and ending at 12 o'clock midnight on the ?4;;:, day of ,7,1:•,,? r , 19 Iii , unless sooner terminated as hereinafter provided. The Lessee shall pay to the Lessor rental as follows: Equal ';I;;izu..51 pavme:mts, in advance, on or before the 9f o-1, day of T; :r +. ,7 of every year. during Dollar: said terra at the rate of ,: z,-e-., n : #/ i (1 OS AO 0 L. -; per ; such payments to be subject to adjustment -at each five year interval from the effective date hereof, if the Lease term hereof exceeds five years, such adjustment to be-based primarily upon: a reappraised annual rental value of land in a state of improvement similar to that of the land described herein at the time this lease was entered into. It is agreed that the covenants, terms and agreements herein contained shall be binding upon the successors.and assigns of the respective parties,hereto. KIBS216129 2aj,c 4 177:-.)scrintion :...'d7s-tencinLf, at U.S.C.C.S. Nocunt "31Z7" an the Saath shore of Upltar Ety» Kotliah Zslanci, 'Alaska, thence Southeasterly a distance of 360 foot alor4.; the: l'inh of i'.nan hi): water of Utz Day to 00'r:or 1:o. 1, a 4" 4" sceart.: three foot 1,; cll post, theceo South 11° East a distance of 400 feat to Corner £o. 2, c 1" 7: 2" three foot woodea post marhad Corner 1:o. 2, thance Narth 70° Ssst a distance of 530 feet to Corner No. 3, a 1" x 2n three foot woodea post mcrhed Corner To. 3, thence North 40° Woot a distance of 510 fact to Corner No. 4, a 1" ra three foot woodcn post marked Coraor 1<lo. 4, thence South 44 West aiona thc line of me:A4 hih tide of said Ussk Day a distaste of 330 feat to Corner 1:a. the point of be.6inning of Chic maces .1nd boacds description. Located in Section 26, Township 31 South, actsc, 23 West, Seward Ehridian, coa- taiaincr 4.5 acres mare or less as par attached pt. Subject to a reservation for rightaLuf-way 50 fast on each side of the cottit.n • . line casement if upoa aurvoy Cho eoction lf.so acccrsaat iG 2.0catCC: on the a"aava- ' iescribed 'Lauda. • • • • '051\6\3° Property Review Worksheet PID: Owner. �vla2 T)riwse Permits: Yes ❑ No ❑ If yes, what is the permit for. Improvement # of Stories: Roof: Siding: Windows: Foundation: Wood Stove: Yes ❑ No ❑ Condition: Other Details: Address: -T31S \1? W\-4 Legal: 11o02 Date: O 12.3 \ 12 ASLS 7 ( -3 -w 6 tkjak bCU Land Topography: c Access: View: v Ocean Front Yes ❑ No ❑ Flag Lot Yes ❑ No ❑ Irregular Lot Yes ❑ No ❑ Details: Decks: Yes ❑ No ❑ Measurements: How Many: Shed /Acc. Bldg's: Yes ❑ No ❑ Measurements: How Many: No Com + IW _ 21.2MIOLIWJA6 OI Title 194,91 1?ry oU. °s 0oAry 0 0 4426 SBe 05 Acne 'SECTION O • • 0 • • 2 N26 °42'52'E 5 D IOS 26 ■ "SURVEYOR'S CERTIFICATE" I hereby certify th:,t 1 am properly registered and licensed to practice land surveying in The State of Alaska. And that this plat represents a survey made by me or under my direct super- vision, and the monurents shown thereon actually exist as described, and that all dimensions and other details are correct. Date: ,pyg /,4 N}.s Registration No. Aga',f CBg1G:Er2C La. ^.0 aIlr'V2jOr 1. All re; 2. All ben Triangu 3. U.S.C. recover brass c laying forms as use :. The ne of the 4. U.S.C. recove: 5. U.S.C. search( fell s'. feet 1: 6. U.S.C. search: fell is 7- U.S.C. "CLOSE' been & as est B. The ge: within 90 deg,: 9. All tr a ten • Mean I: ALASKA STATE LAND SURVEY NO. 71 (LOCATED WITHIN PROTRACTED SECTIONS 23, 24, 25 & 26; T3IS, R23W, S.M., AK. TYPICAL MONUMENT MARKINGS �DEw• 1+9321 D°4 641-1 T 315 641 - P EE DETA+L C DETAIL '4" P23A 97' 19.1 2" DIA. BRASS CAP MONUMENTS ALUMINUM CAP MONUMENT LEGEND 2" DIA.. 3d' CONC.FILLED GALV. IRON PIPE w/ BRASS CAP SET THIS SURVEY. • 5/8" DIA. x 30" REBAR w/ ALUMINUM CAP SET THIS SURVEY. A U 5. C. 13 G.S. TRIANGULATION STATION. 7 -Xcors 713/s e�3G3 23-0/ >a3-062/49_0/. ay-06 ya4 -0i aG o7 KIBS216128 SEE 11USE& DEPARTMENT OF NATURAL RESOURCES ,WILLIAM A. EGAN, Governor DIVISION OF LANDS, 323 E. 4TH AVENUE. ANCHORAGE 99501 MAR 1. 1 1971 Mr. Anvil A. Lerman Box 1493 Kodiak, Alaska 99615 Re: ADL 53388 • Open to Entry Lease of Alaska Lands Dear Ht. Lerman: Enclosed is the original of the subject lease agreement which has been executed by this Division. At any time during the tenure of your lease, you may, at your expense, have the land surveyed so you can obtain title. The surveyor you choose must be duly registered and licensed to practice land surveying in Alaska. Information as to the registration status of your surveyor may be obtained by writing the Board of Engineers and Architects Examiners, Box 469, Juneau, Alaska 99801. The selected surveyor must contact the Division's Chief Cadastral Engineer for survey instructions prior to starting the survey. The Division of Lands should be advised of all changes of address. It is the responsibility of the lessee to make timely payments. Failure to receive a courtesy notice of payment due does not relieve the lessee of the responsibility of making timely payments. If we may be of any further assistance, please feel free to contact us. Very truly yours, F. J. KEENAN, Director By: L. T. Main Lands'Disposal Officer Enclosure cc: Kodiak Island Borough VICINITY MAP 500405 (1.13 QUADRANGLE - 7511, IT ISM iftto • /me kg 2 sA11 5 SECTION 1.1146 EASEMENT W.CATIMI cErrilrmATE 15. What Almam, vamp W nod 11•••10 cameessfoom ef leo Copse- MN - Ilsopmem TY Carle flaw el Me emollient In NIIImemo, lotip otas mod Sire 50 Me Rom M Nada rsiolm 111111 U1 WIEN& Rio 1.p gala al NON IN 01...411111•1141 MiNmpm manna m It maw almillo INNS 5.15010 fr10.I5. follofts Saw. %sir TLEXKT.4;50, gli‘41- nossrimmi Xi* %Mime (i) oc."0" berafba. ■ s4 u&G as.-Ernurimsy ssowdcINTIost) • • • 57°Sriliedr.11 ups. sers4ts.rw-5 Y 1,016,444.111 • ?KOUT% as case 12.4" •saalla • atomism* a NO.Ortab SMagi. PEZINIIMEINL 2=411=II:LEICAMicreri hank, ruelmdmbi 90 Tep•M SE TY Csom.e.me Ada- 5siLLEEdloutia. Tim weeds. 1/01/Sest /room bas eye, =Sot Oldoe■ urAT m NNW (?5_1_fr' -14 -74 Oere - * htr6,001.;:7 go;aors 4. 4. 5 5 0 5 1. 1 51 dr II ".••11.. 7 ?,r1St.lea.66" I iessitaAL_0. , _ . -SE .1;4ffsi.L.0 111.54ar,/f35• SRC -.41bSt mi-Nestic °SERVITOR'S CIOTITICATE° I hereby oortify Mist / gm prorporly re(istertd and 11.emaod to practice lsad sumvogiog in The State of AlaAks. AAA that *AAA slat reortments • soros, sada by so or under my dirsct Alper- sisSen. and the monuments shown thereon mutually o ximt dlemoribed, and that all dlammAioo. other details arm borylet. 0.904-465./DaiNt_ Registration IN,AlifeAr 1111E1.11.11,11113/01- 7 e 1 1. 11 refire.. manummata (R.m.) er• 5/9. . 30 ° r•immr. 2. Ll baaninen my. grid b.0444 0.094 on 0.5.0. 5 S. B. riangolatioattations•DMI• 0.9321 and -sos• (3332). 3. 0.11.2. & O.S. Triaegalatton. Static. 'D10 (1930)1 I rootrrer*d Imo (2) dotoriorateld conorets traMissmte,the brims caps were geom. bat Toasted Um R.S. trams gap laying as lb. Mogi, 4010 reelyserod Riese of Coo 86401 foam. still la yonities, isotrodina from the boomb, ae used in cwiminal construction of the monument,. 090 se. •.R.w. Line is approximately 35 feat mrstlierly of tbe station, rear 444.11 .s. for •10M° 12 (1.071). 4. E.S.C. A C.S. yrisggalattue Station 'DOT" (1912), ism ...Newnan End im in good coalition. 1. U.B.C. I 0.5. trisagolation Stadion .BIZI° (1932) was eacree.0 for but rat found. Ita computed 75e0t109 fel/ immoral feet oot tato the motor, sea immoral foot lower Meta tho eborosellIng torrain. 6. 0.0.c. 65.5. go. tranuistin5telica TRA (1933}m ..10'4 Ima; for lot t fond. Its mtol pos itie fell in a barn of 100e• beedi grovel. 7. 5.8.2. 62.5. Trulegmlatio. Station. (1932). 'CLOMP (193?). a.d 'TRACE' (1932). *mow to have brim destroyed lamo, lemma. of Tao AAA Line ma mrtstiimmd •lao. tha 1964 elestbsue... 0. The gooes.1 dfstooge pattorn end mloPo of 19. LoAd ✓ illin this Airway varies, but im approxlmntoly 05 gyros. to the 11.5.11. Line. 9. all trocrbs af land within thin mLrwny Are mobjeet to • t.m 4101 feel pedestrian ms....mt, par.11.11.g the Rama Sigh Tater Lime. . ALASKA STATE LAND SURVEY NO Note. this mammy mne seompAlalasd tm oDeordISIMI .119 S.I. 71-3, owl 4.5. 3E.05.077. 7I"3's61w.T .„.„, 4.. 69.1,71 1E41E. ALAIKA Mit 11.1171 [LOCATED WITHIN PROTRACTED SECTIONS 23, 24, 25 Et 2E1 731S, R23W, S.M., Alt) T7P1061 100.449E0T 401149105 T1L D E TA 1 L "A" 1t.100016011 1.E*5710 la 2. 110.1 WOK FALCO DAUS *04 1116 ./ NAN CAP UT 7015 929vE7 . • Mr MA. 10' ***** 10 ALUMSATRI CAP 907 THIS StITYSEY. a 1214.60 4.0 TOMANOUL SNOW STATION. STCLOrp_.:7z ,AI152.33 ETA MASSA DEPAIRMOR 044019900.54009244293 DIVISION OF LOADS 4.,WV2.814.441.“ ALASKA STATE LAND SURVEY NO. 71-3 LOCATED WITHIN PROTRACTED SECTIONS Ell, ER, 25 5 211L7315,_RE3VOLM., ALASKA MINNA0., is:Oeudgams iv VV. *079011.04.5 44-7t 4 .DL =37 Rev. 7/70 STATE OF ALASKA DEPARTMENT OF NATURAL RESOURCES DIVISION OF LANDS 323 East Fourth Avenue Anchorage, Alaska 99501 LEASE AGREEMENT OPEN TO ENTRY ADL No. 53388 THIS INDENTURE made and entered into this 95th day of 1,,,,,,,r _, 19 71 , by and between the STATE OF ALASKA, through the Director of the Division or Lands, with the consent and approval of the Commissioner of the Department of Natural Resources, acting for and on its behalf under and pursuant to AS 38.05, as amended, and the regulations promulgated thereunder, as amended or hereafter amended, hereinafter referred to as the LESSOR: and MITT A_ LARKS?" of P.O. Rat 1/t43, Radi••k, Alaska Y9b1S hereinafter referred to as the LESSEE: WITNESSETH, that whereas the Lessor has classified the lands herein demised as: Open to Entry lands on S ^ptemhor 2 19 70 pursuant to AS 38.05, as amended; and WHEREAS, the Lessor has caused the lands herein demised to be appraised and such appraisal was made and approved on or after N/A , 19 ; and WHEREAS, the Lessor has caused a notice of intent to lease the lands herein demised to be published as required by law or caused notices of intent to lease to be posted as re- quired by law;.and WHEREAS, an auction of the herein demised property was held at the time and place designated by notice and said sale was approved by the Director of the Division of Lands, Department of Natural Resources, State of Alaska: NOW THEREFOR, the Lessor has agreed to let and does hereby let and demise to the Lessee, and the Lessee has agreed to take and does hereby take from the Lessor all that lot, piece, or parcel of land more particularly bounded and described, as follows: SPA' POCE h FOP LBrAL DRSCRIYSIO1 TO HAVE AND TO HOLD the said demised premises for a term of five ( 5 ) years commencing on the 25th day of January , 19 71 and ending at 12 o'clock midnight on the 24th day of January , 19 76 , unless sooner terminated as hereinafter provided. The Lessee shall pay to the Lessor rental as follows: Equal annual payments, in advance, on or before the 25Th day of January of every year during said term at the rate of Forty Dollars 001100 - Dollars ($ GA n0 .) per annum ; such payments to be subject to adjustment at each five - year interval from the effective date hereof, if the lease term hereof exceeds five years, such adjustment to be based primarily upon a reappraised annual rental value of land in a state of improvement similar to that of the land described herein at the time this lease was entered into. It is agreed that the covenants, terms and agreements herein contained shall be binding upon the successors and assigns of the respective parties hereto. K1BS216133 It is hereby. '•` idly c and agreed that this intro s,Je u+ : . s p , and upon the to/loving e. ochre, condi l ions, unman[,, and trim, VI G;" 1. The word I. d when used 1 1 shall he construed u rclude , and shall y include, hind and i e the sbone rtt 1 1 _ 'Loma its any v. dun the 11,1 lea ., any renewal the nl; rmle rli and Lm and wherever set this lease shall M1e construed c elude and ru In ihnl l l � h �LnclhrJV aoJ S4lnJ 19 nJ i n u r e r[a eChn benefit o . the sLessee. h i s successors aeJ assigns. 2. It :hall he the responsibility o, the Lessee La properly locate himself and I.n rmeeents within the confines of the property leased herein. 3. The Lessor, hereby expressly s c and reserves auto f the grant + self, t[s lessees ,es and excepts forever, an oils, gases, +11, ores, rals, nealorable materials. 5and fossils of every name, kind or clever/Lo- tter, nJ which. may be r ups ald lands above -de rihed,v any m par thereof , the my It to eelere the s self =ails, gases, coal, ores, minerals, fissionable materials, r s:ls, .soil 1 also hereby expressly s and r of the grant hereby t made, : se], s leieeea a and a s forever, the out [ r by itself, Its andto upon said (ands, n any part or parts cheroot, at times, dny .1,41.111 cur oche purpose of' opening developinu Irtlltny,and working m wel 15 on Hies, or of e. Ia ds and takl g out and removing therefrom all such oils, gases, ao. . +na la slonohla• r(nls and to 01la and the end further a ore, s of the to hereby made Itself , It lea successors, and right by i [het and a neys it any and all maintain, and use oallssuchrbuildinga machinery, roads, oafs, pipe lines,t ;overrules, and railroads., sink such shafts, drill such cells, remade such soil, and to vin said lands n thereof f the foregoing purposes and t occupy an u :ha,+ 1 Iareis a nay be n t for such purposes hereby expressly roservin, to . seli,sits lessees.• and assigns, aforesaid, generally all and C , d i d land. whether I n r e i n a :ed or - reasonably oeco enter f e t a l and elftcierrt the complete enjoyment oof the roper[;( aht^ hereby e:∎ e' lYn reserved, Provided, however, no riyacs shell be exercised by t e Lessor a its Lessees, until provision has be. made by the Lessor its Lessees, a pay the or of the t'c exercised oil, hitch the rights nor elm reserved [ the Lessor Lessee Lessees, n enter to bn s e tl , n d ; prove [ ,u all damages nor by said Lessee by r of at entering upon said land; provided, that said Lessees, any c whatever refuses contract to settle ea Ltl damages, the Lesaor u e Lessees, oil any applicant t uablese or [nom nc contract o s Le sorua n :hit purpose of tfooa etra for valuable minerals, lo option g r lease ere hosting coal su et lean for extracting ec ors tolued o natural go!, quasi iedi tt d bi. a e posting a Ter bond with el t eurance i issued by a corporation qualified tondo business individual. ii su and ali licensed doyen i n Alaska o arbond exe- cuted by n d, s tie approved by the utr� (said Least full [fore llaru. o be tolen, r and security e se said served rig, s,Yandr for all such edamages, o[ to amount I gal. d i c do reserved etc rights, am shall have u,e right to nt , L e roan legal. proceedings stn a :fur of competent Jurisdiction the land Is situated, a y be necessary o determine the dams:es - elm lands na ♦bleb the a lessee 01 such lands may saf sec. 4. The lands leased S stn b h s classified a ehcvn on Page 1 of this agreement a in accordance with [he Cl Regulations, Title 11 Division 1, Chapter 1, Subchapter 1 Alaska Administrative Lode and any use (sensor which shall be In material c o n f l i c t with said claaslticatlon s h a l l , i f noc remedied a f t e r due notice there- of has been served on the Lessee, c atitn(e a breach of this lease and the Lessor may thereupon ( e in accordance with provisions herein contained. taed. The 10,000 does :+a by such classification the rand is ideally silted for the a authorized thereunder and the Lessor gives n nty, actual or Implied, that the utilization under • said classification will be profLLa+l "v 5. Under this lease the lessee acquires no interest what soever . any coal, oil, gas am other minerals a any deposits of s r gravel veluahie for e tlli- acion o any materials subject to Title II, Division I, Chanters Four (4),a Five (5) and iix (6),s Alaska _ e Cade ended o shall M1e alter he amended. The elni st pease. shall , the o sell a o any sl per, vet, pea any other .fad valuable enjoyment inn hallo a cayl ph sin erori writ permit[: ere[ n as c b l reobtained a , roe he Leson this lease rnaY he us etl t at ter a written permit therefor o has been n nn the Lessor. 1. zsly r the right to grant a l,J+ts- al -way across the land'' rein leased If , is deter mined by the Director to hest the hest inn the e o du a vided, however, that the Lessee shall n Seentitled to compensation f all improvements or crops which a e damaged or destroyed as andirect result of the uti Itzat ion such easement or 04ht 0. way 7. The Lessee shall not -urnit ..a=te or injury anon the property leased herein. S. If the 1. ands ledref lerei are classified and leased as ,rl- culwrnl he Lesine shall not prevent or deny the lawful pursuit the hunting 01 2ame or the LakIn2 of f isru drovided. however, the Director, p allow the lands leased a `heprop, to be toasted eoLprohibit g aeft fish loll a , '..pee. [s vc. s „y order a properly Irot vet the Lessee and Ihl =[p[u tufty, 9. n 1 the lands leased lie within the jurisdiction of ..ny authar laed huLding authority they 1l be utilized to accordance with the rules and regu- lations n 1_ sold wt nr It,. The L.,,see shall talc, .tll reasonable precaution to prevent, a cake all reasonahle action to suppress grass, nrush and forest fires an the land herein leased. 11. T' a L.s.eu shall allow the Lessor, ugh its duly authorized representa- tive, to the loased prexIies. at any reasonable time for the purpose of an inspection thereol. 12. :hen to Lessen shall uye the lands leased herein [ any form of nyd[,lultc prnieCt n alloy any equlpmenL o any autvl ty''htch swill use, divert, engage in obstruct, pollute o he was [ natural flow or bed of any of rave o stream r that will tithe Le any shall. to sal Lacy iron ationSr :eke• h..ds the Lets shall, prior o[o sr the any such eperat tons, original the nm „ : : h l of [M1 eetom[9 Commissioner of the Department •nf Fish and (inns and the n ,e coat nr an ery [hereof :hall Se filer, with the Lessor prior to the commencement of such act ivIty. ld. The Lessee may usfdn the lands, sr portion thereof, herein demised, pro - vlde+l, he first -ekes application to the Lessor for a permit. The Director, in his dncrntlon, may i such permit If ba finds i o be in the beat Interest of Alaska. 4o shall be issue rmitted until the n thereunder a o become subject t and 50 tnr:erned by the n t h i s leased assignee a s though he v the origi- nal Lessee. s nmenl l will he effective until thelllrectar signs and were a written permit therefor. KIBS216134 14. This le a:,ree,,unt in writing li flu, l.e le. e , by 'be Dirt whole or in pmt If the I rs 1 premises are hying used cur an urlawiul enromm. 1n. If the Lessee should default In the performance or any or the ter, re C stipulations herein contained n of the r ;uln linos promulgated :r . .0 n 39.05, ended, and said ,Iefaolt shall , n, remedied within dui days hits notice of .00!, default has been served upon the Lessee by the Lesaor, the Lessee 02011 ?r- subjected t o s n such legal a the Leaser Then deem aporanriate lncludinn but net limited t the forfeiture of this lease. No lmrneen :nos may he r -e.l by :be lessee during any period In which this lease is n default. i:, the that t : I.nn: shall h e terminated because of a breach of any o the t + sl(eu'atl.h .a n. herein the annual rental payment last made lby the Lessee' s h a l l be retained by t , lessorn as liquidated 1 7. Any notice or demand which m st he given or rode by the ,a tier hereto xnr.11 he i writing, and shall he complete by sending s r demand by'I'n!tarl lmucs registered o certif. nail co he address shown the lease o u ether the parllos shell designate in owriting from tire to time. Y of any ' 1 shall he forwarded by the lessor to any 1ienhold a who has properly recorded hi. in er least with the Lessor. IL In the event that this lease is 0 herein eroeleed, by mummy proceedings otherwise the the el lanes, y eau should be abandoned by the Less a during t the le -r+y 'di- [ely, any t thereafter, And +take an + an +; lands, or any part .thereof , and without liability form y damage therefor, sr .1100 0 roperty therefrom el they by s proceed l any or by a ...liable a claw; provided, however , that the words r'o' try' and re-entry + rIn, a not restricted [ their technical legal re0niny. entry or rayed cos :sinn,e dispossess, and, d i s , o x s e s e l n Sy t h e Lessor. M1 h t + tol.en by summary proceedings, otherwise, shall do. dd ell elu st ,.r discharge the Lessee, eLthor to whole or in rte tram nrliabil _ hetemau. 19, Ulan the expiration, termination n c celllti n n sole 1114.c. t ame s been wed, the Les shall quietly and peaceably - „ tit up unlit the Lessor a l l o f the le sod land on t e last day o - , the e 211. The r eipt of r t by the Les.::r, t ithnot no le.l „e r n the lease by them Lessee or of any default 00 the part n+ the _esaea In h,er.anat or performance of anv o f the conditions or of I s lease. swan , „ be a waiver f any Blain of ml= lea Im - ,_ any covenant n he a!nel1 - h , ,y them Les unless n provision shallt disola aliu _ - n_ affect Lessor, right sof :glow. Lessor to enforce the sane :10 event _ . detalli The receipt by the Lessor of rent or dny other ,. -a n, in any nl the th. ddemised, le=== 1 .tall. such :11 t. a. Lle resultant n heroin t s or destiny, r r imllu{e ref, leucY of any such o[ 1 1 , 25 he a been I.. ,L. the Lessur Yr, the Le :see prior to ce M1 any s ,n _. I .� r other cosi It tine, - :,1.. n n t.wed in yr s „and 6ig,e ;i - hY the Lessor. 21. The Lessee, aver written request thorium has Seen ;Lle,l witll Old heYsar and prior Le the n of = ork, ray rect./me relit „ - r provided commencement contemplated .` to he a mat lsl.d n a leased future herei• n. .the discretion [o the Lessor, s h a l l r sult , seda valuation • t :the, in lama. The Lessor's utryuri:.it inn t proceed i,b work f -ill credit, if red, shall s moale t type and a improvements, of co ;ranted, and [he ann0able r credit therefor, pro ided S, construction that rental c shall u Lo. rental the r nrl. s F od a s or h p seen same on determine .. l lance w th the r o Larum of ,. u a [I . rl . lion. 2 2 . 1 1 the ton of I e l u 1 on the Lou., r J heroin, a phall dithin 4,7, h0l01c „e exvirricion of this Icnyot, make application she Lessor isle 'Application a[in n to r Renewal of L hie, F e:ri omen oath a: [o L e cur rarest anI velar of all the Improvements nn sri the upon Dir the lane, she visions for ndicn be require. • .n -it n application Other in the a h' lei rdeenr of :.c Division of I.. of a urrente. annual u000 , 0plira[Ied her in, l hutn inns hall r n - ,. the .. t nl the current al r the tease gar the herein. The Levu 31.05, ache lea .„ r l o: Il with elm sod .42 0 ferenc a en tie nlesse 1 I ill: ti, ,,under, preference ce ri„'ht to the Lessee herein. 23 The Lesiee hereunder 1 ll 1 of leapt. I hY 1 h- n 1 g. 1 hen• terminnt ion to lands leased herein If ,n other lly equival renewal lease do n - :qutrc public , Lon. „der s. 1' r :g,, 1 within de days befog the e: by , rho L . , , . 1 0 1 lure to Jo , s h a l l r : , I o , u r f e l i o n , " d [ :I ar • right.an In she a that the lease is subleet L -Lhlle due; the preference ight event shall, the nn of Sieh 00 .1 , r h exercise his c preference right and m ,I,,hoa . In rho 1 holder does not elect [ e his r and felt. to .,, ,o at ,h„ h ,,. rw,.ran,c ▪ i ih[ :hall he forfeited and torover lost. 2 4 . Impeov a owned by a Lessee n Alaska tan i s :hall chi • _.h, Of the lem esbew removed by Ftn pr soh r.. . ,ill a n or rdama the lands further provided, that the i Les.. �ny ...tend -h ✓ such Improvements in t :here hardship 1 a,. The r 1 t,.... permleee may. with the consent of she Lessor. eel, has ..pr :,¢rents rt tux lessee or heroines, If any improvements and /or chattels having appraised value in o . . 210,000,00 as determined by the Lessor are ved,, Lthin the time allowed, 400 improvements am /or chattels shall upon due au a Lessee, he sold 1. put isle .. under the direction of the Lessor. The proceeds of sale shall v c Lessee placed such improvements and /or chattels on the lends after Paytovr to an he the al111aa. due and oaring Rrld expenses incurred i making such sole. In ether bidders a any such ales the Lessor of authorized to hid o - rnl /c, chattels. t The Lessor shall r all is rights, both, legal and equitable, that ly other purchaser could acquire • by reason of said purchase. If any improvements and/or chattels havi,y en appraised yeluc of 411),.."...). 2/ o- less, as determined by the Lessor, a w not remove/I within the allowed, s ve- ments•alid/Or chattnis shall revert co and absolute title shall vent in wt hes.oe. 2 5 . If any clause, or provision. heron, c shall be adjudged. w be invalid, it shall not affect the validity of any other c !re, r provision sec sc or constitute any cause 0. ,e0lan in favor of either party r. agates.. the nags, -, 2 6 . The Lessee agrees :o pay a l l taxes that may be levied agninsr ear .. r ,see derlo; the term of this lees., ” IN WITNESS WHEREOF, the State of Alaska, Lessor, acting through the Director of tie Division of Lands of the Department of Natural Resources, lawfully authorized there- unto, has caused these presents to be executed at Anchorage, Alaska, in duplicate, and the said Lessee has hereunto set his hand, agreeing to keep, observe and perform the rules and regulations promulgated under AS 38.05, as amended, the terms, conditions and provisions herein contained, on the Lessee's part to be kept, observed and performed. APPROVED: Chief, Lands Section Director Division of Lands COMMISSIONER, DEPARTMENT OF NATURAL RESOURCES STATE OF ALASKA UNITED STATES OF AMERICA ) LESSEE (S) State of Alaska ) ss. THIS IS TO CERTIFY that on the day of , 19 before me, the undersigned Notary Public, personally appeared known to me and known by me to be the WiNtglbit.i4411.43Titands of the Department of Natural Resources, agallgion;4T4444411q1k that he executed the foregoing lease for and on behalf of said State, freely and voluntarily and for the use and purposes therein set forth. IN TESTIMONY WHEREOF, I have hereunto set my hand and affixed my official seal, the day and year in this certificate first above written. Notary Public in and for the State of Alaska My commission expires UNITED STATES OF AMERICA ) State of Alaska ) ss. THIS IS TO CERTIFY that on this day of before me, the undersigned, a Notary Public in and for Alaska duly personally appeared t to be one of the persons CYtfeh'AWitd who executed the within inst acknowledged to me executed the g'W . Ot.e4yulAt voluntarily for the uses and purposes , 19 , commissioned and sworn, me personally known to rument and the said that he signed and therein mentioned. IN TESTIMONY WHEREOF, I have hereunto set my hand and affixed my official seal, the day and year in this certificate first above written. APPROVED AS TO FORM: .cP.aREN C. COLVER ATTOMM GEWERAL Deputy Attorney General Notary Public in and for the State of Alaska My commission expires KIBS216135 ■ Page 4 Legal Description Commencing at U.S.C.G.S. Monument "DEW" on the South shore of Upper Ugak Bay, Kodiak Island, Alaska, thence Southeasterly a distance of 360 feet along the line of mean high water of Ugak Bay to Corner No. 1, a 4" x 4" squared three foot wood- en post, thence South 11° East a distance of 400 feet to Corner No. 2, a 1" x 2" three foot wooden post marked Corner No. 2, thence North 70' East a distance of 530 feet to Corner No. 3, a 1" x 2" three foot wooden poet marked Corner No. 3, thence North 40' West a distance of 540 feet to Corner No. 4, a 1" x 2" three foot wooden poet marked Corner No. 4, thence South 44' West along the line of mean high tide of said Ugak Bay a distance of 300 feet to Corner No. 1,-the point of.beginning of this metes and bounds description. Located in Section 26, Township 31 South, Range 23 West, Seward Meridian, con- taining 4.3 acres more or less as per attached plat. Subject to a reservation for rights'of -way 50 feet on each side of the section line easement if upon survey the section line easement is located on the above - described lands. KIBS216136 •