EFTA00101481.pdf

EFTA00101481 0 f.Y• Lc) , t2kr—C74,1 -C6C XPIRE )o 4.0 '''•••1 IC) G) GIV2791AGR (Page 2 of 53) NEW myyTro STATE. LAND OFFICE COMMISSIONER OF PUBLIC LANDS NEW MEXICO STATE LAND OFFICE BUILDING P.O. BOX 1148, SANTA FE, NM H7504-1148 AaRTrULTURAL TEASE LEASE NO. GM2791 TRIO LEACD, DATED PDDRUARY 22, 1003, IC ENTERED INTO DY AND BETWEEN THE COMMISSIONED OF PUBLIC LANDS, NEW MEXICO STATE LAND OFFICE, STATE OF NEW MEXICO, HEREINAFTER CALLED "LESSOR" AND: ZUREU TRUST JEFFREY E. EPSTEIN - TRUSTEE HEREINAFTER CALLED "LESSEE(S)", WHOSE ADDRESS OF RECORD IS: 457 MADISON AVENUE NEW YORK NY 10022-0000 LESSOR AND LESSEE AGREE AND COVENANT AS FOLLOWS: 1. LEASE. FOR AND IN CONSIDERATION OF AND SUBJECT TO THE RENTALS AND THE TERNS, COVENANTS, CONDITIONS, AGREEMENTS, OBLIGATIONS, AND RESERVATIONS CONTAINED IN THIS LEASE AND ALL OTHER EXISTING RIGHTS, LESSOR GRANTS AND LEASES TO LESSEE AND LESSEE TAKES FROM LESSOR THE TRACT(S) OF LAND DESCRIBED IN EXHIBIT A, ATTACHED HERETO ANU INCORPORATED HEREIN BY REFERENCE. 2. TERM. THE TERM OF THIS LEASE SHALL BEGIN ON FEBRUARY 22, 1991 ANU SHALL EXPIRE AT MIDNIGHT SEPTEMBER 30, 1994. 3. RENT. THE ANNUAL RENTAL SHALL NOT BE LESS THAN THE MINIMUM RENTAL ESTABLISHED BY SECTION 19-7-29 MESA 1970 AND SHALL BE PAID IN ADVANCE FOR EACH LEASE YEAR AND RECEIVED IN THE STATE LAND OFFICE ON OR BEFORE OCTOBER 1. THE ANNUAL RENTAL FOR GRAZING LAND SHALL BE DETERMINED AS FOLLOWS: ANNUAL RENTAL = BASE VALUE X CARRYING CAPACITY X ACREAGE X ECONOMIC VARIABLE INDEX (EVI), AS DEFINED BY STATE LAND OFFICE RULE 8.022(8). IN NO EVENT SHALL THE PRODUCT OF THE APPLICATION OF THE EVI, FOR EACH SUCCESSIVE YEAR OF THE LEASE TERN, BE DECREASED OR TNCRF.ASED BY MORE THAN THIRTY- THREE AND ONE-THIRD PERCENT. IN THE CASE OF GRAZING RENTAL OFFERS ON OPEN ACREAGE OR PURSUANT TO COMPETITIVE BID, LESSOR HAY ACCEPT GREATER RENTAL AMOUNTS THAN THOSE DETERMINED BY THE FOREGOING FORMULA, BUT THE ANNUAL GRAZING RENTAL DUE IN ANY LEASE YEAR SHALL NOT DE LESS THAN THE FORMULA AMOUNT. THE ANNUAL RENTAL FOR CULTIVATED LAND, ASSOCIATED LAND AND CONSERVATION RESERVE PROGRAM LAND SHALL BE DETERMINED BY LESSOR AND SHALL REMAIN UNCHANGED DURING THE TERN OF THE LEASE. THE TYPE OF LAND HEREBY LEASED AND THE ANNUAL RENTAL AMOUNT FOR THIS LEASE SHALL BE AS SET OUT IN EXHIBIT A HEREIN. 4. PERMITTED USE. LESSEE MAY USE THE LEASED PREMISES ONLY FOR SUCH OPERATIONS AND ACTIVITIES AS ARE NECESSARY TO CARRY OUT THE PURPOSES FOR WHICH THE LEASE IS GRANTED AS SPECIFIED IN EXHIBIT A, AND IN ORDER TO COMPLY WITH ALL APPLICABLE PROVISIONS OF LAW REGARDING THE CARE AND PROTECTION OF THE LEASED PREMISES. EFTA00101482 (Page 3 of 53) 5% LIS. O • AS SECURITY FOR THE PAYMENT OF ANY RENT THAT IS OR MAY BECOME DUE AND UNPAID, LESSEE GRANTS TO LESSOR A FIRST AND PRIOR LIEN UPON ANY AND ALL IMPROVEMENTS AND CROPS ON THE LEASED PREMISES. 6. IMPROVEMENTS. NO IMPROVEMENTS, EXCEPT AE DTHERWTEE PROVIDED RV LAW, EWALT. pp PLArun flu PPP tracrn PREMISES WITHOUT THE PRIOR WRITTEN CONSENT OF THE LESSOR. ALL IMPROVEMENTS PLACED ON THE LEASED PREMISES IN VIOLATION OF THIS PARAGRAPH SHALL BE CONSIDERED AND TREATED AS UNAUTHORIZED IMPROVEMENTS IN ACCORDANCE WITH THE APPLICABLE LAWS AND RULES. 7. ASSIGNMENT, SUBLEASE AND RELINQUISHMENT. LESSEE SHALL NOT ASSIGN OR SUBLEASE 'THE LEASED PREMISES OR THE IMPROVEMENTS ON SAID PREMISES WITHOUT THE PRIOR WRITTEN CONSENT OF LESSOR AND SUCH OTHER REQUIREMENTS AS PRESCRIBED BY LAW OR RULE. AS PROVIDED BY LAW AND RULE ANY LEASE, IN GOOD STANDING, KAY BE RELINQUISHED TO THE STATE. UPON RELINQUISHMENT HOWEVER, THE LESSEE SHALL NOT BE ENTITLED TO A REFUND OF RENTALS PREVIOUSLY OWING AND PAID. 8. COLLATERAL ASSIGNMENTS. ANY AGRICULTURAL LEASE MAY BE ASSIGNED AS COLLATERAL SECURITY SUBJECT TO THE EXPRESS WRITTEN CONSENT OF THE LESSOR AND SUCH OTHER TERMS AND CONDITIONS AS PRESCRIBED DY LAW OR RULE. THE APPROVAL OF A COLLATERAL ASSIGNMENT, HOWEVER, SHALL. NOT PREVENT THE CANCELLATION OF THE LEASE AND TERMINATION OF THE COLLATERAL ASSIGNMENT FOR THE NONPAYMENT OF RENTALS OR OTHER VIOLATIONS OF THE LEASE TERMS. O. DEPAULT AND CANrELLATIDN THE VIOLATION BY LESSEE OF ANY OF THE TERMS, CONDITIONS, OR COVENANTS OF THIS LEASE OR THE NONPAYMENT BY LESSEE OF THE RENT DUE UNDER THIS LEASE SHALL AT THE OPTION OF THE COMMISSIONER BE CONSIDERED A DEFAULT AND SHALL CAUSE THE CANCELLATION OF THIS LEASE 30 DAYS AFTER LESSOR HAS SENT. WRITTEN NOTICE OF SUCH DEFAULT TO THE LESSEE AND TO ANY HOLDERS OF COLLATERAL ASSIGNMENTS BY REGISTERED MAIL, ADDRESSED TO THE POST OFFICE ADDRESS OF RECORD, PROVIDED, HOWEVER, IF WITHIN THE THIRTY DAYS THE LESSEE OR HOLDERS OF ANY COLLATERAL ASSIGNMENTS SHALL COMPLY WITH THE DEMAND MADE IN THE NOTICE, CANCELLATION SHALL NOT BE )(An?. 10. RENEWAL. ANY LESSEE WHO DESXRDS,TO SECURE A NEW LEACE SHALL MAKE AND FILE AN APPLICATION WITH THE LESSOR ON OR BEFORE AUGUST 1 NEXT PRECEEDING THE EXPIRATION OF THIS LEASE. THE RIGHT OF RENEWAL SHALL BE SUBJECT TO SUCH TERMS AND CONDITIONS AS PROVIDED FOR BY LAW AND RULE. 11. RESERVATIONS. A. LESSOR RESERVES THE RIGHT TO EXECUTE LEAES ON THE LAND GRANTED BY THIS LEASE FOR MINING PURPOSES AND FOR THE EXTRACTION OF OIL, GAS, SALT, GEOTHERMAL RESOURCES, AND OTHER MINERAL DEPOSITS THEREFROM AND THE RIGHT TO GO UPON, EXPLORE FOR, MINE, REMOVE AND SELL SAME. LESSOR FURTHER RESERVES THE RIGHT TO SELL. OR DISPOSE OF NATURAL SURFACE PRODUCTS OF SAID LANDS OTHER THAN GRAZING, AGRICULTURAL OR HORTI- CULTURAL PRODUCTS AND TO GRANT SUCH OTHER RIGHTS-OF-WAY AND EASEMENTS AS PROVIDED EFTA00101483 (Page 4 of 53) I EFTA00101484 (Page 5 of 53) i BY LAW. • • B. LESSOR RESERVES THE RIGHT TO WITHDRAW PURSUANT TO RULE, UP TO 640 ACRES, BUT IN NO CASE MORE THAN HALF, OF THE LAND HELD BY THIS LEASE. 12. COMPLIANCE WITH LAWS. LESSEE SHALL AT ITS OWN EXPENSE FULLY COMPLY WITH AND BE SUBJECT 1U ALL LAWS, REGULATIONS, RULES, ORDINANCES, AND REQUIREMENTS OF LESSOR AND APPLICABLE CITY, COUNTY, STATE. ANTI FRDRRAL AUTHORITIES AND AGENCIES WHICH HAVE BEEN OR MAY BE ENACTED OR PROMULGATED, IN ALL MATTERS AND THINGS AFFECTING THE LEASED PREMISES AND OPERATIONS THEREON. SUCH OTHER AGENCIES SHALL NOT BE DEEMED THIRD PARTY BENEFICIARIES UNDER THIS LEASE. 13. HOLD HARMLESS. LESSEE SHALL SAVE AND HOLD HARMLESS, INDEMNIFY AND DEFEND LESSOR AND THE STATE OF NEW MEXICO, AND THE1K AGENT UK AGENTS, 1B THEIR OPPICIAL AND INDIVIDUAL CAPACITIES, OF AND FROM ANY AND ALL LIABILITY CLAIMS, LOSSES, OR DAMAGES ARISING OUT OF OR ALLEGRn TO ARISE OUT OF OR INDIRECTLY CONNECTED WITH THE OPERATIONS OF LESSEE UNDER THIS LEASE, OFF OR ON THE LEASED PREMISES OR ARISING OUT OF THE PRESENCE ON THE LEASED PREMISES OF ANY AGENT, CONTRACTOR OR SUBCONTRACTOR OF LESSEE. 14. AMENDMENT. THIS LEASE SHALL NOT BE ALTERED, CHANGED OR AMENDED EXCEPT BY INSTRUMENT IN WRITING EXECUTED BY LESSOR AND LESSEE. 15. WAIVER. NO WAIVER OF ANY BREACH OR DEFAULT BY LESSEE OF ANY OF THE TERMS, CONDITIONS OR COVENANTS OF THIS LEASE SHALL BE HELD TO BE A WAIVER OF ANY SUBSEQUENT BREACH. NO WAIVER SHALL BE VALID OR BINDING UNLESS THE SAME IS IN WRITING AND SIGNED BY LESSOR. 16. DELINQUENT RENTAL. ALL RENTAL PAYMENTS RECEIVED AFTER OCTOBER 1 OF EACH YEAR SHALL BE CONSIDERED DOLINQUENT AND CIIALL DE DUBJECT TO THE PAYMENT OF INTEREST AT A RATE MS nwp! DERrENT (1%) A MONTH FOR ANY FRACTION OF A MONTH. INTEREST SHALL ACCRUE FROM THE DATE THE PAYMENT BECOMES DUE. II. APPLICABLE LAW. THIS LEASE SHALL BE GOVERNED BY THE LAWS OF THE STATE OF NEW MEXICO. 18. SUCCESSORS IN INTEREST. ALL TERMS, CONDITIONS AND COVENANTS IN THIS LEASE SHALL EXTEND TO AND BIND THE HEIRS, ASSIGNS, AGENTS, ATTORNEYS, CONTRACTORS AND SUCCESSORS IN INTEREST OF LESSOR AND LESSEE. 19. CARRYING CAPACITY REEVALUATION. THE LESSOR RESERVES THE RIGHT DURING THE TERM OF THIS LEASE, AND UPON THE LESSOR'S DISCRETION, TO CONDUCT CARRYING CAPACITY REEVALUATIONS AND MAKE THE NECESSARY ADJUS'TMEN'TS 1U THE LEASE AND RENTAL AS MAY BE REQUIRED. EFTA00101485 (Page 6 of 53) EFTA00101486 (Page 7 of 53) WITNESS THE HANDS AND SEALS °LESSOR AND LESSEE ON THE DAY AIII IIYEAR FIRST ABOVE WRITTEN. 24 WAND R045 -r LA". LESSEE LESSEE sier.t • 15 rnmurqc.rnww c jr.,-21p YI.!:tjaf ACKNOWLEDGMENTS Y4" tviji NATURAL PERSON(S) STATE OF NEW MEXICO ) ) COUNTY OF gerrta.l• tt& ) THE FOREWING.JNsTRumENT WAS ACKNOWLEOUED BEFORE ME THIS MA DAY OF Matt , 199J • ' }It>. 4/.?itaa.41 11 1 J.ha ahlernis bri earl or Wis•)4 . e. <wort • ;L i .2A44..a6z2 N *5f, PERSON ACKNOWLEDGED)v "tv Ma(.'am(Ilastoriags: .4/277:07rek. ALNA-4.LA. NOTARY PUBLIC ff - eft-1'441.°e - re' oo. PARTNERSHIP STATE 6in YiTibutuco ) ) COUNTY OF ) THE FOREGOING INSTRUMENT WAS ACKNOWLEDGED BEFORE ME THIS DAY OF , is RY (NAME OF PERSON ACKNOWLEDGED) PARTNER(S) ON BEHALF OF , A PARTNERSHIP. MY COMMISSION EXPIRES: NOTARY PUBLIC CORPORATION STATE OP NEW MEXICO ) ) COUNTY OF ) THE FOREGOING INSTRUMENT WA3 ACKNOWLEDGED rinronn ND TII/0 DAY OP , 10 BY OF (NAME OF OFFICER) (TITLE OF OFFICER) A CORPORATION, ON RENAL? (CORPORATION NAME) OF SAID CORPORATION. NY COMMISSION EXPIRES: NOTARY PUBLIC EFTA00101487 alo • EXHIBIT A • GM2791 PRICE CC 1ST i AUTHORIZED PER AA YEAR SURVITVTATGN SEC -TWN- -RNG- ACREAGE. USE UNIT RP CHARGE. LOTS 1,2,3,4,7,SW4NE4,S2NW4,SW4 02 12.0N 09.0E 518.97 GRAZING 12 383.75 ALL 16 12.0N 09.0E 640.00 GRAZING 12 473.24 TOTAL ACRES: 1,158.97 TOTAL CHARGE: $856.99 PARTIAL RELINQUISHMENT OF GM-2583 EFTA00101488 (Page 9 of 53) RECEIVED '93 MIR 16 API 10 28 STATE LAND OFFICE SANTA FE, N.M. • EFTA00101489  (Page 10 of 53) • e • • • LEASE NO; (34-97€31 • MISCELLANEOUS INSTRUMENT PAGE UNDER COLLATERAL ASSIGNMENT UNDER COLLATERAL ASSIGNMENT TO: TO: DATE FILED- NO. DATE FILED NO. DATE RELEASED: DATE RELEASED: UNDER COLLATERAL ASSIGNMENT UNDER COLLATERAL ASSIGNMENT TO: TO: DATE FILED- NO. DATE FILED- NO. DATE RELEASED: DATE RELEASED: MISCELLANEOUS INSTRUMENT: Power-of-Attorney, John J. Kelly; Affidavit,Jeffrcy E. FILE NO: #8793 Epstein. Trustee for Zorro Trust. MISCELLANEOUS INSTRUMENT: FILE NO: MISCELISHROUS INSTRUMENT: FILE NO: MISCELLANEOUS INSTRUMENT: FILE NO: COMMITS: EFTA00101490 Vega 11 of 53) r (S 40 NEW AIESICID STATE LAND OFFICE PARTIAL ASSIGNMENT OF AGRICULTURAL LEASE MVO. the undersinned ksweDL hereby amigo m Jeffrey E. Eps tein (Fed sies)476.k . 1 51/Thai:sag - gre Alew York N von of ZuLry Trust, a New York Trust Tekphone as it relates to the lands described below all (my/our) right, title and interest/in State Agricultural Lase No. C24 2583 • and all rights to compensation for the improvements located on the leased land, for which improvements (Me) hereby either waive payment or acknowledge receipt of payment of full improvement value. (Uwe) understand and agree that any outstanding sublease of all or a portion of the leased lands is hereby terminated. The lands covered by said lease are described as follows: Township 12 North Range 9 East section 2: Lots 1,2,3,4,7, SN4NE14 / , VINW4, SW1 / 4 for 514:97, acre Township 12 North Range 9 Eaat section 16: All - 640.00 acres Total - 1,158.9/ acres TEEM LEASE ASSIGNMENT SMALL NUT BE EFFECTIVE UNLESS APPROVED IN WRITING BY TUE COMMISSIONER OF PUBLIC LANDS. C pal^^-D 19, County of rki\a-O...CYL-. State of r S - nid -o-cAL.) Subscribed and sworn to before me this ris. day of tq aia_N8, t f„ 1908) by 0.Aim v t tbki.ket MY COMMISSION fftES: 0 - IS -(1(D Public Approved iiiiIIIIT-Dillle-ahnin—rlame&Ellnchaser this 19 9C5 "7' c ., SEAL • 7vC Asi STATL 01. Nive CO Comm' My Commission Expires 10-1,t 5— % ASSIGNMENT FEE - fl iS DIRT dears) S-36 (revised 1/93) 03-08-93411:06 S50.08+ 10 8534 EFTA00101491  12 of 53) iitke • LCAG040-01 NEW MEXICO STATE LAND OFFICE PAGE: 1 • AGRICULTURE LEASE MASTER LIST 03/10/93 LEASE NR' GM2791 • LESSEE NAME FST CONTACT ERROR HR ID LEASEHOLDER NAME(S) CAVEAT INT% BILL ATE TELEPHONE INDICATOR • • 11760 53212 ZORRO TRUST JEFFREY E. EPSTEIN - TRUSTEE Y T 2 5 BILLING ADDRESS: 457 MADISON AVFNIIF • NEW YORK NY 10022-0000 • LEASE SEQ MR NR TYPE CONSULIVAILD FROM • GM2791 000 RENEWAL • LEASE SEQ SEC TWN RNG SUBDIVISION(5) ACREAGE TYPE PPU-- CC CHARGE INST • LOTS 1,2,3,4,7,SW4NE4,S2NW4,SW4 518.97 GRAZING 12 383.75 01 <WARNING'S GM2791 001 02 12.ON 09.0E GM2791 002 16 12.ON 09.0E ALL 640.00 GRAZING 12 473.24 01 • LEASE TOTALS 1,158.97 5856.99 • TYPE: --RANGELAND-- BID -(CULTIVATED) DRY --IRRIGATED-- --ASSOCIATED- CRP -IMPROVEMENT- ACREAGE: 1,158.97 .00 .00 .00 .00 .00 .00 .00 • CHARGES: 5856.99 5.00 5.00 5.00 5.00 5.00 5.00 5.00 • DISTRIBUTION SUMMARY --LEDGER-- LEASE • INST INST X ACREAGE CHARGES • 01 «ERROR>> 01 1.000 1,158.97 $856.99 TOT «ERROR» 1.000 1.158.97 $856.99 • • • • • • • • •. • •~ • • • EFTA00101492 EFTA00101493 )12abolaS anuore - EFTA00101494  IP, "tate of Xefu Pexictr OFFICE OF THE Eautiniosientr of Public 'Posits JIM BAC_A COMMISSZNER (anth 3e PO. KIX 1148 SANTA re. NEW MCXICO 875044148 March 11, 1993 Hinkle Law Firm r 2 rr T ) RE: GRAZING LEASE NO. GM-2791 Dear Lessee(s): Enclosed for your execution is a copy of the above mentioned grazing lease for 1.158.97 acres due to a partial relinquishment of GM-2583. The lease needs to be executed on the enclosed signature pages before a Notary Public. Please be sure and sign your name(s) as it/they read on the face page of the lease. BOTH COPIES of the signed and notarized lease MUST BE RETURNED TO THIS OFFICE FOR THE COMMISSIONER'S APPROVAL. Once the lease is approved, a copy will be returned to you for your records. Please be advised that we need an original or certified copy of a Trust Agreement or Affidavit for Jeffrey E. Epstein, Trustee for Zorro Trust. Plese submit a $10.00 fee to record the document in our office. If ou have any questions regarding this matter, you can contact me at ivision New Mexico State Land Office EFTA00101495 (Page 16 of 53) 'tate of Xefu gitexica OFFICE OF THE Commissioner of Public Tumbs IDABACA COMMISSIONER ,Manta .7e Es O. SOX 1148 SANTA IE. NEW MEXICO IMO4-I mi8 MEMORANDUM March 11, 1993 TO: Grazing Lease No. GM-2583 FROM: Surface Division/JV SUBJECT: Partial Relinquishment from GM-2583 to GM-2791 This lease contains 21,334.74 acres but a partial relinquishment was approved by the Commissioner vn February 22, 1993 in favor of Zorro Trust for 1,158.97 acres. The land description being relinquished is as follows: GT-2791 - Zorro Trust SUBDIVISION SECTION TOWNSHIP RANGE ACRES Lots 1,2,3,4,7,SWINEI, SiNWI,SWI 02 12 North 9 East 518.97 All 16 12 NuL Lk 9 East 640.00 1,158.07 The acreage remaining on this lease is 20,175.77. Attached is a copy of an adjusted Exhibit A. A worksheet will be prepared to amend the ledger maintenance file. EFTA00101496 (Page 17 of 53) ••• NEW MEXICO STATE LAND OFFICE • REQUEST FOR FIELD ASSIGNMENT DATE TO FIELD DIVISION: 3/25)93 FIELD DIVISION CONTROL NO. Mjg- REQUESTING DIVISION lc agar Ti I/1 c, nr,/ BY: De1.1 Fk..eCtettie 7 LEASE NUMBER: (;/1/21- 42)97 TYPE OF REQUEST: Thee eh -4- NAME OF LESSEE/APPLICANT: ZopD in - Tiacnzer tfriciN - Trkus4tsL ADDRESS4/c -7 MAnincriA./ AltuJ Vcg...k7) /t/e.L1 Scar_ /007 -7 DESIGNATED CONTACT4t:ir /4 fit R)2 TaAiitty ADDRESS PHONE NO. LEGAL DESCRIPTION SECTION! RCM. COUNTY: 4 2,Q . /.2A/ O9t -Sr F .444nr REMARKS: r 4= A //e • tv„ 41 AM& DATE RETURNED TO REQUESTING DIVISION/BUREAU: 3 LAND USE SPECIALIST RECOMMENDATION: RECOMMENDATION P VAL: FIELD DIVISION IREQUE TING DIVISION / 17g9Celegl Sg-j= -93 DO NOT APP COMMENDATION: (PLEASE STATE REASONS) ACTION TAKEN BY REQUESTING DIVISION: DATE RETURNED TO LAND USE SPECIALIST: G-89 REVISED 1/91 EFTA00101497 (Page 18 of 53) • • r iN.V•, fiht A Attitt 4 ,./ 60 Aare VA, - arn EFTA00101498 (Page 19 of 53) AGRICULTURE LESSEE ORIENTATION Lease No. 671- 2711 Field Assign. No. Al./6 General discussion of State Land Office and its mission. (pamphlet) 1. General discussion of agricultural lease terms arid conditions. 2. (Copy of Louse) 6 8. Term left. 12( b. Fluctuations in annual rental (EVII. 3' c. Permitted use. .d. Multiple use concept. • e. Improvements. • f. Subleasing. g. Renewal process. • h. Reservations. • i. One percent Interest on unpaid balances. • j. Carrying capacity reevaluations. General discussion of Range Stewardship Incentive Program. 3 © 4. d' General discussion of Rule 8. (Copy of Rule) Transfer/Assignment of lease to new lessee. 5. Gi a. Withdrawals. 9.6.4 0 b. Conversion to cultivated land. 0 c. Filing fees. 6. ri Letter from Commissioner to lessees. 7. M i Hunter occess. tbratifidtiVs.r- I certify that the Land Use Specialist has gi e the documents required and has instructed me on the terms and conditions of m Jpase. Lessee fitgati- Dat EFTA00101499 (Page. 20 of 53) • HINKLE, COX, EATON, COFFIELD & HENSLEY Ian C ca ATTORN CT. AT LAW /00 VNITLO 0/001 riaisa PALL ai CATON Cassie C hwy. 500 NAROUCTTC N.W.. Bunt SOO POST OrTICC 1102, PAPOLD I. MCIALLT. JR ItOsarT.L. TAW ACTsCO 00402 MOTT ft SIATIOA POST Orriet SOX a043 Tam • ••••/.0PIC C MARTIN ALOIJOUICROUIC, NLW MEXICO 07103 AWL a CAA JA WIPPO• AAA JR WIISMILL 0. ITAIVIIN *set a toad Z600 C I.AVOCS/0 COITCO 001.0114 L LIPS0010 JOHN a UGLY. sitiOuM .6 siOnliain ACM IT Inn POCT nrner an. ICAO WALT, trek.. /00•MINS I. Catch CMOS AI Wen ft AuSOAAT 1004-040 1001.5 70707 C 1500400100. A avapeni t•Ition• • in CIANS caw RCA C fri000.0.3. JC •••••en appanis a AAA. a sta.. Aswan diTtat•AO 0. INTA0.03* istA0Mln CAM* W000.3 DANN a NPR= SWAM N CitamPTON COW40. ST,Cr44 0 ..040.0 ••••ItTpronC•C/eb n Ca/ wrio/o /MOOR. S PACTS/ft BACK can ONO J KOSS* Mlle Si CLOACA NOGG/ .1 CLOS° a • 1.1000 40.0µ/0 0 .01000 iToo Tast. AAA eft:tcipo JCAACT L POMPOM. amCS A euXIAC ATM/ D PAPILTI OML We IARSON POST OPTICC 005 92.113 Nan Kahn OltIONANIP wins. salitiOTON. 00 Aft./ r.sHOCIPOIO !SA ft KIA.ATTA. 6.00/4 Co0P00. JCMC/ .cuSCOW PAPIAUCT WACTT ALAN J SW YMAN Ma./ I- WM/ AAA • CTOTTAATO* 00$4.5 It I0•400 USA N Smile rIM JOHMCCHWWW AN ACM SCO•Anie 0/00 0 CON/70•• aftwur. @craw MICHATI. A 0 -Se Noss CL Amid". At MAW+ w n02.-ft Own A mare March 15, 1993 AMENS" CACGOOT NOWT NOPINAM D CANA 1.00i MB Fa. .904 CVO* CAM T IMPIPTTIT. DAMN I, /Wet. WAS •C. PAW WACO 87504 WC C PTV NOLL. itcanObei • NOT ACCASCO IN New Attu CO Ms. Jenny Valdez Surface Division NM State Land Office P.O. Box 1148 Santa Fe, New Mexico 87504-1148 RE: Grazing Lease No. GM-2791 Dear Ms. Valdez: Enclosed are two original leases, numbered GM-2791, signed by John Kelly as Attorney-in-Fact for Jeffrey Epstein, Trustee for the Zorro Trust, along with two original Affidavits signed by Mr. Epstein and a certified copy of the Power of Attorney between Mr. Epstein and John Kelly. I am also enclosing a check for $10.00. Please have the leases signed and approved and return a copy to me, or our runner if possible, at your earliest convenience. Thank you. Should ou have any questions, please do not hestitate to call me at sincerely yours, HINKLE, COX, EATON, COFFIELD maircLnY Paralegal Enclosures EFTA00101500 (Page 21 of 53) RECEIVED '93 MR 16 API 10 28 STATE LAND OFFICE SANTA FE, N.M. EFTA00101501 (Page 22 of 53) 0 HINKLE, COX, EATON, COFFIELD & HENSLEY WASCOR Tea SOWOLIWN ATTORNEYS AT LAW MIL w CAW awe warps PO) on.cc 00A PO WW000PWWW IVNFC WO. BEM WISOUCTIC N.W • SIJITt ISCIC STWO. Or. ACTICCCA Mpgµ JONNS010 POSwELL NON MaK0 "%a . sf•Ow w..... • ~An , POST OrriCE e0; 2003 MC 0 raffia TOW C 0 OWN R NOSS ALOUOVEROUE. NEW MEXICO 67003 nownoisma wasscw wafts 0 RAW Crsa If WIZ Wad.l labrOre -W• a wCIA. WW1... WONG U.G Mtn.. JA OW.WC.1 COMM WOW • SW .Nat. ✓ asa, N CROWPTON W rIls WCYCAS CWORf • WOO ,== Weao ec OJACNCC C wall NIONIO• twill • WOWPO' WK.! C011ia we IIONOVRANT JR WARWw$ wiptas0, TCXWS Non tea $7,2=0;7=40 . GANT- I.A•SON MOMS KOMOI 11B.RwArC tanOST ants a *SOW. ars • ...00T, Jn OWN WC'S CUSACJI o W C.W.NOtwe NAIRWITT • arr T CallaNalf Nets Warr SOK, MAN C•. en. <0 KwaW lawf • tow anti wL War N Sena. 1.00.10 S NOIMS ate ,1 INACSO.Wa MWC.w NOMOIC *col orerCe •Ox 0230 Warr w NCLUSCW OWLS A LI TTON ViWeraTON. Lit AMARILLO. TOYS NSW Wan 1. WI W NW 0 awn SOW WrSCA •••••• ALIN J UAW. NOISY NONTOO4 0.0.000NNow NAW S LINCCUI macaw efrofn WI A mows raw of 01.0016 CAWS J NW' OWSTerC C WC rws ww C Oa Cwa•A If fan POST 02/KC BOX 2066 November 3, 1993 4.1r wws•-as &Mr. • NOT LICCNSCO NOW SICX•CO „ COMMISSIONER OF PUBLIC LANDS P. 0. Box 1148 Santa Fe, New Mexico 87504-1148 ATTENTION: Jenny Valdez Surface Division Re: Zorro Trust, Lease No. GM 2791 Dear Ms. Valdez: Enclosed please find Hinkle, Cox check number 2502 in the amount of $872.22 for the annual rental payment due on the above- referenced lease. I understand the lease term covered by this payment runs from October 1, 1993 to September 30, 1994. A copy of the rental notice is attached for your reference. Our client, Jeffrey Epstein, the Trustee of Zorro Trust, advises me that your notices are being delayed in reaching him. The address on your records is correct, but Mr. Epstein asks that you add his name as Trustee of Zorro Trust to the address to insure that it is properly delivered. The complete address should now be: Jeffrey E. Epstein, Trustee Zorro Trust 457 Madison Avenue New York, NY 10022 009'q I('J ji " 2 -22+Lo *op EFTA00101502 s =ye' Co OE 33) RECLIvu) '93 NCI; 8 firl 10 08 STATE s. ir3 OFFICE SANTA FE.tl.M. EFTA00101503 (Page 24 of 53) FP • 0 .• • HINKLE, COX, EATON, COFFIELD a. HENSLEY Page 2 November 3, 1993 Please contact me if you have questions. Sincerely yours, HINKLE COX, EATON, JJK:ch Enclosure co: Cic Marincoc EFTA00101504 )page 25 of 53) RECE/VE0 '93 NOR 8 FM 10 08 STATE LAND OFF ICE SANTA FE, N.M. • EFTA00101505 (Page 26 of 53) c iatz of ?Attu 21itexica • OFFICE OF THE Canuatissiotter of Public !iambs RAY E. POWELL roumiCSIONEEI *nth Ai PANUO4 'JUNTA It, NOV MEXICO 82504 1140 November 10, 1997 • terra Trust c/o Jeffrey E. Epstein - Trustee 457 Madison Avenue New York, NY 10022 RE: State Grazing Lease GM-2791 Dear Lessee(s): A review or our files indicates chat the annual rental on your grazing lease which was due October 1, 1993, romaine unpaid at thin time. An interest fee of 11 per month will be assessed for each month the payment remains outstanding. Therefore, if you return your payment in November, you will need to submit $080.86 which includes a 2% interest fee. If you return your payment in December, you will need to submit $889.50 which includes a 38 interest fee. If your payment including interest has been submitted, please disregard this letter. If you do not intend to continue to lease, please notify me accordingly. If you have any questions regarding this matter, please feel free to contact me at lir Sincerely, ) a i r_ l aet • Mary DuBose Surface Resources Division N.M. state Land Orrice EFTA00101506  NEW MEXICO STATE LAND OFFICE APPLICATION FOR PERMISSION TO MAKE IMPROVEMENTS j 7ORRO RANCH 1, JEFFREY E. EPSTEIN of (address) P.O. BOX 5E1- STANLEY NM 87056 herewith make application for the written consent of the Commissioner of Public Lands to make improvements on the lands in Lease No. at4-9-erftei. described as follows: Gm•aiq I SUBDIVISION stx. 16 /10.12N KGL. OE ACRES 640 emieeltscC . If any an all ptoposed Improvements ate to be built under a federal cost-share program, please check which pro- gram or progress arc involved and give actual cost of each item. Great Plains Program (SCS) ( ) - ASCS ( ) - OTARR ( ) - NONE ( ) Barns, stables and corrals Value 5 N/A Well (give depth and description) Value 5 N/A Fences (give length, i.e., miles or footage and kind) Value S N A Windmill Value 5 N/A Other improvements Grass strip runway for Private Plane. TOTAL VALUE OF IMPROVEMENTS $6,000.00 Amount co be defrayed by federal cost-share program, it any value 5 0.00 Total economic dose expended by LESSEE Value :6,000.00 decimated time of c on: JULY:1/.1994 LESSEE , Commissioner of Public Lands; hereby give my consent to the above 1