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<br /> ��� �.�.� c��.s �L��.s�
<br /> -(p 8- A
<br /> STATE OF NEBRASKA
<br /> ss.
<br /> FROM County of F�'Z' Th2s instrument was filed for record
<br /> • Bernard Boekerman
<br /> Arlene BoCkel�IflAY1 � on the �.� day of July 19�� at li=5o a'clockA. M.,
<br /> and duly reeorded in Boo1c NQM Paqe 1�3 of the�eords of th' o e.
<br /> TO �,,�,
<br /> . . � _Reqister of Deeds.
<br /> auy J. Cope ,
<br /> By
<br /> O ID,IIIE T1C @;
<br /> AGREEMENT, Made and entered into this 2� day of �uly , 19 ,5� ,
<br /> by and between Berllar'd Bockermsll and ,Arlene Boekerr�an, husband axid wife, �
<br /> Pai�ty of the first part, he.reinafter ealled le.ssor (zvhether one or more)
<br /> and Guy J. C op� Part y of the second part, hereinafter called lessee.
<br />' WITNESSETH, That the said lessor,for and in consideration of One d�llaY' Dollars
<br /> cash in hand paid,receipt of which is hereby acknowledged,and of the couenants 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 tlie sole and
<br /> only purpose of mining and operating for oil and qas, and layinq pipe lines, and building tanks, power stations and struetures thereon to produce,
<br /> save and take care of said products, all that certain tract of land situated in the County of Hall State of Nebraska,
<br /> • deseribed as follows, to-w�t:
<br /> South—east 4uar�er
<br /> of Seetion 31 , Township 9 ,Range 11 , and containing 1$0 acres, more or less.
<br /> It is agreed that this lease shall remain in full foree for ca term of f iv� years from this date, and as long thereafter a8 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 /> Ist. To deliver to the credit of lessor,free of cost, in the pipe line to whieh he may connect his wells, the equal one-eighth (%) part of all oil
<br /> produeed and saved from the leased premises.
<br /> Lnd. To pay lessor for gas from each well where gas only is found, the equal one-eighth (%) of the gross proceeds at the prevailing market
<br /> • rate,for all gas used o,�the premises,said payments to be made mo2lthly and lessor to have gas free of cost from any
<br /> sueh well for all stoves and all inside lights in the principal dwelling house on said land durinq the same time by making his own connections with
<br /> the well at his oum risk and expense.
<br /> 3rd. To pay lessor for gas produced from any ail well and used o,jf the premises, or for the manufacture of casinghead qasoline, one-eighth
<br /> (%) of the proceeds at the prevailinq market rate for the gas used, for the time during whieh such gas sl�all be used said payments to be
<br /> made moz�thly .
<br /> If no well be commenced on said land on or before the 2� day of .TLtIy 19 5� ,
<br /> this lease shall terminate as to both parties, unless the lessee on or before that date shall pa� or tender lo the lessor, or to the lessor's credit in
<br /> The xa8ti23�8 Natiollal Bank at Ha8�iT1�8s Nebraska. or its successors, which sliall continue as
<br /> the depository regardless of changes in the ownership of�aid land, the sum of Eighty a,�3d r1o�100 — — — — — — — — Dollars
<br /> which shall operate as a rental and eover the privileqe of deferrinq the commencement of a well for 12 months from said date. In;like
<br /> manner and upon like payments or tenders the comme,ncement of a well may be furtjcer deferred for like periods or tlae same number of months sue-
<br /> cessivel�. And it is understood and agreed that the consideration first recited laerein, the down payment eovers not only the privileges granted to the
<br /> date when said first rental is payable as aforesaid, but also the lessee's option of extendinq that period as aforesaid, and any and all other rights
<br /> eonferred. .
<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 which re7atal 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 pravided. And it is aqreed tytat upon tlie resumption of the payment of rentals, as above provided, that the last preceding paragraph hereof,
<br /> governinq the payment of rentals and tlie e,�j`ect tjiereof, shall continue in force just as though therc had been no interruption in the rental payments.
<br /> If said lessor owns a less interest in the above deseribed land tlaan the entire and undivzded fee simple estate tl�erein, then the royalties and
<br /> rentals herein provided slzall be paid the lessor only in the proportion whieh his 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 L00 feet to the house or barn now on said premises, ��ithout the written consent of the lessor.
<br /> Lessee shall pay for damages eaused by its operations to qrowinq crops on said land.
<br /> Lessee shall have the right at any time to remove all machinery and fixtures placed on said premises, includinq 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 have the ri�ht to drill such
<br /> well to eompletion urith reasonable diligenee and dispatch, and if oi.l or gas, or either of them, be found in paying quantities, this lease shall continue
<br /> and be in force with the like e,tj'ect as if such well had been completed within the term of years herein first mentioned.
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