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<br /> ��� �.��1. ��.� �,��.s�
<br /> 71625-OMAHA PRINTINO CONPANY
<br /> STATE OF Nebraska
<br /> ss.
<br /> FROM Coun.ty of Hall This instrume�zt was filed for record
<br /> • Mary E. Roberts, widow et al
<br /> on the 15 day of Au�t st 19�2 at �;1-�5 dclock P.M.,
<br /> and duly recorded in Book Q�� Page 135 of the records o t�is o,�ce.
<br /> TO �_,.__ _�
<br /> ��V I t egiste♦r af�D eds.
<br /> Guy J. Cope
<br /> ..�^ '` By .
<br /> ommence
<br /> AGREEMENT, Made and entered into this 1�t h day of Augu s t , 19 5 2 ,
<br /> by and between Mary E. Roberts, a widow, and owner of life estate in and to the premises herein—
<br /> after described; Clarence Roberts and Sylvia Roberts, husband and wife, G].adys Mead and
<br /> Ronald Mead, wlfe and husband; Florence Wade and Ralph Wade, wife �.nd husband;
<br /> _„ _
<br /> partlG 8 �'�cDy of the first �art, hereinafter ealled lessor (zohetlter one or more)
<br /> and f3�uy J. C ope Party � of the seeond part, hereinafter called lessee.
<br /> WITNESSETH, That the said lessor,for and in conside.ration of SiXteeri and rio�100 — — — — — — Dollars
<br /> cash in hand paid,receipt of which is hereby acknowled,qed,and of the covena�zts and agreements hereinafter contained on the part of lessee to be paid,
<br /> kept and performed, has qranted, denzised, leased and let and by these presents does grant, demise, lease and let unto said lessee,for the sole and
<br /> only purpose of mining and operating for oid and gas, and laying pipe lines, and building tanks, power stations and struetures thereon to produce,
<br /> save and talce care of said produets, all that certain tract of land situated in the County of Ha,1,1 State of Nebraska,
<br /> • deseribecl as follo2vs, to-wit:
<br /> The South—we�'G Quarter
<br /> of Seetion 32 , Township 9 ,Ranqe 11 , and containing 160 aeres, more or less.
<br /> It is aqreed that this lease shall remain in full force for a term of f ive (5� years from this date, and as long thereafter as oil or
<br /> gas, or either of them, is produeed from said land by tlae lessee.
<br /> In consideration of the premises the said lessee eovenants and aqrees:
<br /> 1st. To deliver to the eredit of lessor,free of cost, in the 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 /> �nd. To pay lessor for qas from each well where gas only is found, the equal one-eiqhth (%) of the gross proceeds at the prevailinq market
<br /> • rate,for all gas used o,�the premises,said payments to be made monthly and lessor to have gas free of cost from any
<br /> sueh well for all stoves and all inside lights in the principal tlwelling house on said land during the same time by making Iais own eonneetions with
<br /> the well at his own risk and expense.
<br /> 3rd. To pay lessor,for gas produced from any oil well and used o,�'the premises, or for the manufacture of casinghead qasoline, one-eighth
<br /> (�) of tlie proceeds at the prevailing market rate for the gas used, for the time during u�hich such gas shall be used said. payments to be ,
<br /> made monthl.y .
<br /> If no well be commenced on said land on or before the �th day of August 19 53 ,
<br /> tlais lease shall �erminate as to botli parties, unless tlae lessee on or be.fore �hat date slaall pay or tender to the lesscrr, or to tke lessor's credit in
<br /> The Hastinga Natiorial Bank at Hasting8, Nebraska or its successors, which shall continue as
<br /> the depository regardless of changes in the ownership of said land, the sum of Eighty and no/100 — — — — .— — Dollars
<br /> which shall operate as a rental and cover the privileqe of deferrin�the commencement of a well for tWelve months from said date. In like
<br /> manner and upon like payments or tenders the eommencement of a well may be further deferred for like periods or the same number of months sue-
<br /> cessivel�. And it is understood and agreed that the eonsideration first recited herein, tlae down payment covers not only the privileges granted to the
<br /> date when said first rental is payable as aforesaid, but also the lessee's option of extending tjiat 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 wlaieh rental has been paid,this lease shall terminate as to both parties, unless the
<br /> lessee on or before the expiration of said twelve monttas slaall 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 tlae resumption of the payr�aent of rentals, as above provided, that the last preeeding paragraph hereof,
<br /> " governing the payment of rentals and the e,�j'ect tlaereof, shall continue in force just as though there had 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, theyt the royalties and
<br /> rentals herein provided shall be paid the lessor only in the proportion wlaich his interest bears to the whole and undiuided 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 neare�� than �00 feet to the house or barn now on said premises, without the written consent of the lessox.
<br /> Lessee shall pay for damages cazised by i.ts operations to growing crops on said land.
<br /> Lessee shall have the right at any time to remove all �nachinery 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 within the term of this lease or any extension thereof, the lessee shall have the riqht to drill such
<br /> well to completion with reasonable diligence and dispatch, and if o�: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,f j'ect as if such well had been completed within the term of�ears herein first mentioned.
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