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432.30 rods or 7,13236 feet, more-or-less. LOCATION This state trust land section is located in south central Santa Fe County between Galisteo and Stanley, New Mexico. The section abuts fee land and lacks public access. 'UGLIEST AND BEST USE Highest, best and current use is estimated to be livestock g

0•0.400114 NV 0 :IAMPII November 4, 2016 SDNY_GM_00173406 EFTA_00 195061 EFTA01305306 Aubrey Dunn COMMISSIONER Cypress Inc. 49 Zorro Ranch Stanley, NM 87056 State of New Mexico Commissioner of Public Lath 310 OLD SANTA FE TRAIL P.O. BOX 1148 SANTA FE, NEW MEXICO 87504-1148 Re: State Agricu

AL RENTAL BASE VALUE X CARRYING CAPACITY X ACREAGE X ECONOMIC VARIABLE INDEX (EVI), AS DEFINED BY SLO RULE 8 "RELATING TO AGRICULTURAL LEASES" (19 N.M.A.C. 3, SLO 8.11). IN NO EVENT SHALL THE PRODUCT OF THE APPLICATION OF THE EVI, FOR EACH SUCCESSIVE YEAR OF THE LEASE TERM, BE DECREASED OR INCREASED BY M

anny Sandoval TYPE OF REQUEST' Sublease Renewal NAME OP LESSEE/APPLICANT: CYPRESS INC., A VIRGIN ISLANDS CORPORATION ADDRESS: 49 BORE° RANCH ROAD, STANLEY. New Mexico, 87056. NAME PRONE ADDRESS EMAIL CYPRESS INC., A VIRGIN ISLANDS CORPORATION SOS9333401 49 V3RRO RANCH ROAD STANLEY, NM 87056 LE

•aa tame swim...Mall es November 4, 2016 SONY GM_00 173560 EFTA_00195215 EFTA01305460 Aubrey Dunn COMMISSIONER Cypress Inc. 49 Zorro Ranch Stanley, NM 87056 tenefire State of *w Mexico Commissioner ofPudric Lana 310 OLD SANTA FE TRAIL P.O. BOX 1148 SANTA FE NEW MEXICO 81504-1148 Re: State

RENTAL gm BASE VALUE X CARRYING CAPACITY X ACREAGE X ECONOMIC VARIABLE INDEX (EVI), AS DEFINED BY SLO RULE 8 "RELATING TO AGRICULTURAL LEASES" (19 N.M.A.C. 3, SLO 8.11). IN NO EVENT SHALL THE PRODUCT OF THE APPLICATION OF THE EVI,FOR EACH SUCCESSIVE YEAR OF THE LEASE TERM,BE DECREASED OR INCREASED BY MOR

ew Mexico; containing 640 acres, more-or-less. LOCATION These state trust lands are located in south central Santa Fe County between Galisteo and Stanley, New Mexico. Section 16 is landlocked but Section 36 can be accessed directly from The Anaya Ranch Road (County Road 38-B). Section 2 abuts Section

ceptable, please forward an original copy of the Application with the Commissioner's consent provided thereon to Mr. Gordon at 49 Zon-o Ranch Road, Stanley, New Mexico 87056. We thank you for your consideration. .1171 '3d vnivs 301430 ONfl 31VIS 90 8 YU 62 Ililli Moe 03/0J028 SDNY_GM_00173661 EFTA_

L RENTAL = BASE VALUE X CARRYING CAPACITY X ACREAGE X ECONOMIC VARIABLE INDEX (EVI), AS DEFINED BY SLO RULE 8 "RELATING TO AGRICULTURAL LEASES" (19 N.M.A.C. 3, SLO 8.11). IN NO EVENT SHALL THE PRODUCT OF THE APPLICATION OP THE EVI,FOR EACH SUCCESSIVE YEAR OF THE LEASE TERM,BE DECREASED OR INCREASED BY MOR

OF NEW MEXICO, HEREINAFTER cALlep "LESSOR" AND: ZORRO TRUST HEREINAFTER CALLED "LESSEE(S)", WHOSE ADDRESS OF RECORD IS: C/O 49 ZORRO RANCH RD. STANLEY,NM 87056 LESSOR AND LESSEE AGREE AND COVENANT AS FOLLOWS: 1. LEASE. — cC- - - -J rn 0 FOR AND IN CONSIDERATION OF AND SUBJECT TO THE RENTALS

L RENTAL a BASE VALUE X CARRYING CAPACITY X ACREAGE X ECONOMIC VARIABLE INDEX (EVI), AS DEFINED BY SLO RULE 8 "RELATING TO AGRICULTURAL LEASES" (19 N.M.A.C. 3, SLO 8.11). IN NO EVENT SHALL THE PRODUCT OF THE APPLICATION OF THE EVI,FOR EACH SUCCESSIVE YEAR OF THE LEASE TERM,BE DECREASED OR INCREASED BY MOR