|
A 13 �
<br /> ���. �.�� c��.� �L��.s�
<br /> - - 71628-GMAHA PRINTINO COMPANY
<br /> STATE OF Nebra�'�a
<br /> ss.
<br /> FROM Count� of ���-� . This instrument was filed for record
<br /> • B. J. Lindeba.z�g, single
<br /> on the 18 day of ' Ju1y 19 �2 � a.t ���d dclock P.M.,
<br /> and dul� recorded in Book ��QF� Paqe 131 of the reeords of ' o e.
<br /> TO
<br /> egister of Deeds.
<br /> C�uy J. Cope �
<br /> , f,.� By
<br /> —
<br /> AGREEMENT, Made and entered into this �9 day of �epte�ber , 19 ,
<br /> by and between �. J'. Lindeburg, ;�.ngle
<br /> B. J. Llndebur�;, Party of the first part, laereinafter ealled lessor (whether one or more)
<br /> and Guy J. C ope Part— of the second part, hereinafter ealled lessee.
<br /> WITNESSETH, That the said lessor,for and in consideration of TiTenty—i our and no.100 Dollars
<br /> cash in hand paid,receipt of which is hereby acknowledged,and 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 grant, demise, lease and let unto said lessee,for the sole and
<br /> oaaly purpose of mining and operatinq 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 certain tract of land situated in the County of Hall State of Nebraska,
<br /> • described as follvws, to-wit:
<br /> SE� of Section 2S Townshi� 9 Range 12 Lot 6-7 County Subdivi�ion Lots 3—�-5 & SE4 of
<br /> S�R� of' �ection 2S Tot•rn�hip �9,f?ange 12
<br /> of Section , Township ,Range , and eontaining --- aeres, 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 lonq thereafter as oil or
<br /> gas, or either of them, is produeed from said land by the lessee.
<br /> In eonsideration of the premises the said lessee covenants and aqrees:
<br /> Zst. To deliver to the eredit of lessor,free of eost, in tlte pipe line to which he may connect his wells, the equal one-eighth (%) part of all oil
<br /> produced and saved from the leased premises.
<br /> ,2nd. To pay lessor for gas fro�t each well where gas only is found, the equal one-eighth (%) of the qross proceeds at the prevailing market
<br /> • rate,for all gas used o�f the premises,said puyments to be made -----___ and lessor to have gas free of eost from any
<br /> such well for all stoves and all inside lights in the princiTal dwelling house o�a said land during 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 zcsed o,�}'the premises, or for the manufaeture of easinghead gasoline, one-eighth
<br /> (%) of the proceeds at tjte prevailinq marlcet rate for the gas used, fo-r the time during which such gas shall be used said payments to be
<br /> made _.__�_ .
<br /> If no well be commenced on said land on or before the 1 s t day of t��.y 19 �2 ,
<br /> this lease shall terminate as to both parties, u-nl,ess tlie lessee on or before that date. shall pay or tender to tlae lessor, or to the lessor's credit in
<br /> The �;t3' Naticnal Bank at ?i�,;;f,;in�s� Nebr�.sk� or its successors, whic�i shall continue as
<br /> the depository regardless of chanqes in tlae ownership of said lantl, the sum of Tt�o Hundred Thir�y Seven Dollars
<br /> which shall operate as a rental and cover the privileqe of deferri7aq the commence�nent of a well for tZ,relve months from said date. In like
<br /> 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 sue-
<br /> cessively. And it is understood and agreed that the consideration first recited herein, the down payment covers �ot only 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 fro�n the expiration of the last rental period for whieh rental has 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 payment of rentals in the same amount and in the same manner as herein-
<br /> before provided. And it is agreed that upon the resumption of the payment of rentals, as above provided, that the last preeeding paragraph hereof,
<br /> governing the payment of rentals and the e,�'ect thereof, shall continue in force just as though there hcul been no interruption in the rental payments.
<br /> If said lessor owns a less interest in the above described land than the entire and undivided fee simple estate therein, then the royalties and
<br /> rentals herein provided shall be paid the lessor only in the proportion wlaich Itis interest bears to the whole and undivided fee.
<br /> Lessee shall have right to use,free of cost,gas,oil, and water produced on said land for its operation thereon, except water from wells of lessor.
<br /> When requested by lessor, lessee shall bury his pipe lines below plow depth.
<br /> • No well shall be drilled nearer than �00 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.
<br /> Lessee shall have the right at any time to remove all machinery and fixtures plaeed on said premises, i•ncluding the right to draw and
<br /> remove casing.
<br /> If the lessee shall commence to drill a well within the term of this lease or any extension thereof, the lessee shall laave the right to drill such
<br /> well to completion with reasonable diligence and dispatch, and if oz:l or gas, or either of them, be found in paying quantities, this l�ease shall eontinue
<br /> and be in force with the like e,�}'ect as if such well had been completed withan the term of years herein first mentioned.
<br /> ,
<br />
|