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<br /> - � 71625-OMAHA PRINTINO COMPANY
<br /> STATE OF Nebraska
<br /> ss.
<br /> FROM County of Hall. This instrument was filed for record
<br /> • Jessie E. MeKe�Zie, unmarried ont)ce 1`� dayof July 19 �2 at 10:30 dclock AM.,
<br /> and dul� recorded in Boo1c r��11 Yage 113 of the rec rds of th'��
<br /> TO
<br /> {egz�ste Jof Deeds.
<br /> Guy J. Cope �,
<br /> By
<br /> G`O I11TI'i�X?C G
<br /> , AGREEMENT, Made and entered into this 10TH da� of Ju1y , 19 57- ,
<br /> by and between J��JiA E. McK�nzie, Big Bend, W�.s. unmarried
<br /> Party of the,first part, hereinafter called lessor (whether one or more)
<br /> and Guy J. Cope Part� of the second part, hereinafter called lessee.
<br /> WITNESSETH, That the said lessor,for and in eonsideration of �40.00 Dollars
<br /> caah in hand paid,receipt of which is hereby acknowledged,ccnd of the covenants and agreements hereinafter contained on the part of lessee to be paid,
<br /> kept and performed, has granted, demised, leased and let and by these presents does qrant, demise, lease and let unto said lessee,for the sole and
<br /> only purpose of mining and operating for oil and gas, and layinq pipe lines, and building tanks, power stations and struetures thereon to produce,
<br /> save and take eare of said products, all that eertain traet of land situated i�t the County of Hall State of Nebraska,
<br /> • deseribed as follou�s, to-wit: `
<br /> orth East quar'�er and the North half of the south ea�t quarter of Section 3�,
<br /> orth West quar�er of section 36, A1.1 in Twp. 9 North, Ra,nbe 12 We;t.
<br /> of Seetion , Township ,Ran�e , ccnd containing �00 acres, more or less.
<br /> It is agreed that this lease shall remain in full foree for u term of Five years from this date, and as long thereafter as oil or
<br /> gas, or either of them, is produeed from said land by the lessee.
<br /> In consideration of the premises the said lessee eovenants and agrees:
<br /> 1st. To deliver to the credit of lessor,free of cost, in the pipe line to which he may connect his wells, the equal one-eighth (%) part of all ail
<br /> produced and saved from the leased premises. �
<br /> Lnd. To pay lessor for gas from each well where gas only is found, tlae equal one-eigl�th (%) of the gross proceeds at the prevailinq market
<br /> • rate,for all gas used o,�f the 7rremises,said payments to be made Mo:lthlyT and lessor to have gas free of eost from any
<br /> such well for all stoves and all inside liqhts in the principal dwellinq house on said land durinq the same time by making his own connections with
<br /> the well at his own risk and expense.
<br /> 3rd. To pay lessor for gas produeed from any oil well and used o,�'the pre7r�ises, or for the manufacture of easinghead gasoline, one-eighth
<br /> (%) of the proceeds at tlie prevailinq market rate for tlae gas used, for the time during wh�ch such gas shall be used said payments to be
<br /> made Monthly .
<br /> If no well be eommeneed on stcid land on or before the l�t day of AU�;t1st is52 ,
<br /> this lease, shall terminat.e ccs to both parties, unlesy t�ce lessee on or before that date shall �a� or tender to the lessor, ar to the lessor's credit in
<br /> Tlie Com:`ne reial Natlona.l. Bunk at Grand Island, Nebr. or its succe,ssors, whieli slaall continue as
<br /> the depository regardless of clianqes in the ownership of said land, the sum of �2 Q���� Dollars
<br /> which shall operate as a rental and cover the privilege of deferring the commencement of a well for 12 months from said date. In like
<br /> manner and upon like paymeyats or tenders the commencement of a well may be further deferred fm• like periods or tlte same number of months suc-
<br /> cessively. And it is understood and agreed that the consideration first recited herein, the down payment covers not onl� the privileges granted to the
<br /> date when said first rental is payable as aforesaid, but also the lessee's option of extending that period as aforesaid, and any and all other rights
<br /> conferred.
<br /> Should the first well drilled on the above described land be a dry hole, then, and in that event, if a second well is not commenced on said land
<br /> within twelve months from the expiration of the last rental period for whieh rental laas been paid,this lease shall terminate as to both parties, unless the
<br /> lessee on or before the expiration of said twelve months shall resume the pa�ment of rentals in the same amount and in tlie same manner as herein-
<br /> Lefore provided. And it is agreed tlaat upon the resumption of the pa�ment of rentals, as above provided, that the last preeeding paragraph hereof,
<br /> governing the payment of re.ntals and the e,�'ect tlaereof, shall continue in force just as tlaough there had been no interruption in the rental payments.
<br /> If said lessor owns a less inte•rest in the above described land than the entire and undivzded fee simple estate therein, then the royalties and
<br /> rentals herein provided slaall be paid the lessor only in the pruportion whieh his interest bears to t)ie whole and undivided fee.
<br /> Lessee shall have right to use,free of cost,gas, oil, and water produeed vn said land for its operation thereon, exeept water from wells of lessor.
<br /> Whe�a requested by lesso�•, lessee shall bury his pipe li�zes below plow depth.
<br /> • No well shall bc drilled nearer than 200 feet to the house or barn now on said premises, without the written eonsent of the lessor.
<br /> Lessee shall pay for damaqes caused by its operations to growing crops on said land.
<br /> I�II Lessee shall have the right at an� time to remave all maehinery and fixtures placed on said premises, ineludinq the right to draw and
<br /> remove easing.
<br /> If the lessee shall eommence to drill a well within the term of this lease or any extension thereof, the lessee shall have the riqht to drill sueh
<br /> well to completion with reasonable diligence a.nd dispatch, and if oil or gas, or either of them, be found in paying quantities, this lease shall continue
<br /> and be in force with the like e,�'ect as if such well had been completed x�rithin the term of years herein first mentioned.
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