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� a � � ti�► �� .�t� ��.� �c��.S� - � 71628-OMAHA PRINTINB COM�ANY STATE OF Nebraska `" �`. ss. FROM C,ounty of Hall ` This i�astrument was filed fox record • Ber�rand Hies I�lartha I33.e s on the 1.7 day of �� y�uly 19 �2 a.t 10:30 o'clock A.M., and duly reeorded in Book Q 1'age 23 uf the�cords of this o e. 7'U ol�+-w I�egister of Deeds. Guy J. Cope � By C��EMENT, Made and entered into this lOth 1 da� of JU.3,7y' , 19 �1 , by and between Ber�rand Ries and Mar�ha Ries (Husbanci and W�fe) Part,g��"oef'�he,fc�•st, part, Itereinufler called le.ssor (�vhether one or more) and Cxuy J. Cope Part y of the second part, herei•nafter called lessee. WI TNESSETH, That the said lessor,for and in consideration of ��2•�� Dollars cash in hand paid,receipt of which is he��eby acknowled�ed,and of the covenants and agreements hereinafter eontained on the part of lessee to be paid, kept and performed, has granted, demised, leased and let and ln� these presents does qrant, demise, lease and let unto said lessee,for the sole and only purpose of mining and operating for oil and qas, and layinq pipe lines, and building tanks, power stations and structures thereon to produce, save and take care of said products, all tlaat certain tract of land situated in the County of H�,11 State of Nebraska, • described as follows, to-wit: East Half of Sec�ion 29. Twp 9 North, I�an�e 11 We st. of Section , Township ,Range , and containing 320 cicres, more or less. It is agreed that this lease sliall remain in full foree for u term of Five years from this date, and as long thereafter as oil or gas, m• either of them, is produeed from said land by the lessee. In consideration of the premises the said le.ssee covenants and agrees: Ist. 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 oil ' produced and saved from the leased premises. °�nd. To pay lessor for gas from each well where gas only is found, the equal oyee-eighth (%) of the gross proceeds at the prevailing market • rate,for all gas used o,�j'the premises,said payments to be made Month�.y and lessor to have gas free of cost from any sueh well for all stoves and all inside lights in the principal dwelli�aq Ieouse o�a said land durinq the same time by making his own connections with th.e well at his own risk and expense. 3rd. To pay lessor for gas produced fro7n any oil well and used o,�j'the p.remises, or for the manufacture of casinghead qasoline, one-eiqhth (%) of the proceeds at the prevailing rnarket rate for the gas used, for the ti�rce during which such gas shall be used said payments to be made '.`�ont!'LZ�' . If no well be eommenced on said land on or before the 1St day of Atx�ta�t 1952 , this lease shall tarminate as to Lotyi parties, unless tlte lessee on or bef�re that date shall pa� or tender to the lessor, ar �o the lessor's credit in The Commere3.a1 National Bank at Grand Island, Nebr. or its successors, which shall continue as the depository reqardless of chan,qes in tlae uwnership of said land, the sum of ��-h0.00 Dollars whieh shall operate as a rental and cover the privileqe of deferring the eommence�nent of a well for �� months from said date. In like manner and upon like payments or tenders the commencement of a well may be further deferred for like periods or the same number of months suc- cessively. And it is understood and aqreed that the consideration first recited herein, tlae down payment covers �ot only the privileges granted to the date when said ferst rental is payable as aforesaid, but also the lessee's option of extending that period as aforesaid, and any and all other rights I conferred. Should the first well clrilled on tlae above described land be a dry hole, then, and in that event, if a second well is not commenced on said land �.�rithin twelve months fro�n the expiration of the last rental period for which rental has been paid,this lease shall terminate as to both parties, unless the lessee on or before the expiration of said twelve months shall resume the payment of rentals in the same amount and in the same manner as herein- before provided. And it is agreed that upo�z the resumption of the payment of rentals, as above provided, that the last preceding paragraph hereof, governing the payment of rentals and the e,�j'ect thereof, shall continue in force just as though there had been no interruption in the rental payments. If said lessor owns a less interest in the above described land tlaan tlae entire and undivided fee simple estate therein, then the royalties and rentals herein proz�ided shall be paid tyae lessor only in the proportion whieh his interest bears to the whole and undivided fee. Lessee shall have riqlat to use,free of cost,gas, ail, and water produced on said Zand for its operation thereon, except water from wells of lessor. • When requested Iry lessor, lessee shall bury his pipe lines below plow depth. No well shall be drilled nearer than,200 feet to the house or barn now on said premises, witlaout the written eonsent of the lessor. Lessee shall pay for damages caused by its operations to growinq crops on said land. Lessee shall have tlae right at any time to remove all machinery and fixtures placed on said premises, includin� the right to draw and remove easinq. If the lessee shall commence to drill a well within the term of this lease or any extension thereof, the lessee shall have the riqht to drill sueh well to completion with reasonable diligence and dispatch, and if oil or gas, or either of them, be found in paying quantities, this l,ease shall eontix�u,��;s.., and be in force with the like e„�'ect as if such well had been eompleted x�rithin tlae term of years taerein first mentioned. �"•��'�'' `� J�� .ry. :� �.�� � . .•- ..�,.