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<br /> 7I62B-OMAHA PRINTINO COMIANY
<br /> STATE OF NEBR.ASKA .
<br /> ss. .
<br /> FROM Cou�at� of HaZ1 This instrume�it was,�led for record
<br /> • Herbert V. Rath,je � onthe 17 dayof July 19 �2 at 10:30 o'clocic A. M.,
<br /> Minni� E. Rat h�E; and duly recorded in Boolc ��QN Page 1,2.5 of tl�e r ds of thi o,�'ie
<br /> TO
<br /> �uy J. �ope I�cg��ste of Deeds.
<br /> �� By
<br /> C omr��enc e
<br /> AGREEMENT, Made and enfered into this 13�h day of Ju�-Y , 19 Sl ,
<br /> by and between Herbert V. Rath,�e and Minnie E. `Rath,�� (Husband and wife)
<br /> Pcxrt�o,�t�e first part, hereinafter ealled lessnr (wlaether one or more)
<br /> and Guy J. C ope Party of tlae seeond part, hereinafter called lessee.
<br /> WITNESSETH, That the said lessor,for and in eonsideration of ��0.7,� Dollars
<br /> cash in hand paid,receipt of whieh is hereby acknowledged,and of the covenunts and aqreements hereinafter contained on the part of lessee to be paid,
<br /> kept and performed, has granted, demised, leased and let and by tlaese presents does grant, demise, lease and let unto said lessee,for the sole a�d
<br /> only purpose of 7r�ining and operating for oil and gas, and laying pipe lines, and buildin� tanks, power stations and structures thereon to produce,
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<br /> save and take eare of said products, all that certain tract of land situated in the County of H�-Z State of Nebraska,
<br /> • described as follows, to-wit: '
<br /> South Half of the south west Quarter of section 20, Lots l, 2, 3 and k of sec�ion 19,
<br /> A11 in Tti,r�. 9 North, Ran�e 11 West.
<br /> Lo�s 1 and 2 of section 25, TwP. 9, Nor�h, R�,nge 12 We,t.
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<br /> of Seetion , Township ,Range , and eontaining 3 0(.�0 aeres, more or less.
<br /> It is agreed that this lease shall remain in full foree for u term of F'�-t''E years from this date, and as long thereafter as oil or
<br /> gas, or either of them, is produced from said land by the lessee.
<br /> In eonsideration of the premises the said lessee covenants and agrees:
<br /> 1st. To deliver to the credit of lessor,free of cost, in the pipe line to which he may eonnect lais wells, the equal one-eighth (%) part of all ail
<br /> produeed and saved from the leased premises.
<br /> 2nd. To pay lessor for qas from eaeji well where gas only is found, t1�e equal one-ei,qhth (%) of the gross proceeds a� the prevailing market
<br /> • rate,for all gas used o,�'the premises,said payments to be made Mor,th�y and lessor to have gas free of eost from any
<br /> sueh well for all stoves and all inside lights in the principal dwelling hou.se o�a said land durinq tlae same time by making his own eonnections 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,�}'tice premises, or for the manufacture of cusinghead gasoline, one-eighth
<br /> (%) of the proceeds at the prevailinq marlcet rate for the gas used, for the time durin� whi�ch such qas shall be ��sed said payments to be
<br /> m� Monthly ,
<br /> If no well be commenced on said land on or before the 7-�t day of A���nt 19 S2 ,
<br /> this lease shall terminate as to both parties, zinless the lessee on or before thut �Zr�te shall pa� nr tender to the lessor, �r to the lessor's credit in
<br /> The �ommereial Nationa.3. Baryak at Grand Ts1�.nd, 1Vebr, or its suceessars, zvhicli sltall continue as
<br /> tlae depository regardless of clianges in the ownersjiip of said land, the sum of �153•�j Dollars
<br /> whieh shall operate as a rental and cover the privileqe of deferring the eommencement of a well for 12 months from said dcate. In like
<br /> manner and upon like payments or te�aders the commencement of a well may be furtlaer deferred for like periods or the same number of months suc-
<br /> , cessivel�. And it is understood and agreed that the consideration first recited herein, the down payment covers not only the privileges granted to the
<br /> date 2vhen 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 deseribed land be a dry hole, then, and in that event, if a second well is not�ommeneed on said land
<br /> within twelve months,from the expiration of the last rental Period for whieh rental has been paid,this lease sliall terminate as to both parties, unless the
<br /> 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- ,
<br /> before provided. And it is aqreed that upon the resumption of the payment of rentals, as above provided, that the last preceding paragraph hereof, I
<br /> qoverninq the payment of rentals and the e,�j'ect thereof, shall continue in force just as tlaough there had been no interruption in the rental payments. ',
<br /> If said lessor awns a less interest in the above deser�ibed la7ad than the entire and undivided fee simple estate therein, then t)te royalties and '
<br /> rerttals herein provided shall be paid the lessor only i7a the proportion which his interest bears to tlte whole and undivided fee. ,
<br /> Lessee shall have riqht to use,free of cost, gas,oil, and water produeed on said land for its operation thereon, exeept water from wells of lessor.
<br /> When requested U�� lessor, lessee shall bury his pipe lines below plow depth. '
<br /> • No well shall be 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 damages caused by its operations to growing crops on said land. j
<br /> Lessee shall have the right at any time to remove all machinery and fixtures placed on said premises, including the right to draw and '
<br /> remove easing.
<br /> If the lessee shall commence to drill a well w�ithin the term of this lease or any extension thereof, the lessee shall have the rigltt to drill such
<br /> well to eompletion with reasonable diligence and dispatch, and if ozl or qus, or either of them, be found in paying quantities, this lectse shall eontinue
<br /> and be in force with the like e,�'eet as if sueh well had been completed within the term of years yeerein first mentioned.
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