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<br /> � �, � 3 7
<br /> B -I- OIL AND GAS LEASE
<br /> Form 88.-�(Producers) (NEBKASKA)
<br /> $8876—The AuBUetlne Co., Grand Ieland, Nebr.
<br />� ��M THE STATE OF 1�1EBRASKA
<br /> Mrs, o, F. f�oble wiaow Ss.
<br /> H81.1. County. ,
<br /> Thfs instrument was f iled f or record on the 1�7 day o( At1gL18 t'i
<br /> TO i q 5 2 at 1.�:�.,�'clock A M., and duly recorded in Book u Q,�
<br /> Alfred Ward, SY`. Pa9a l�/n oJ the records of this of fice. C'R- ' ��
<br /> egister of Deeds.
<br /> N By
<br />�
<br />, AGREEMENT,Made and entered into this ],1:{,j',h day of A1,1,�U,St', . tg 52 , by and between
<br /> Mrs. �. F'. Goble a wldow
<br /> Ha$'�ing_ Nebraeka
<br /> Party of the{irst part,hereinaf ter called lessor (wltether one or more) anct
<br /> Alfred Ward Sr. Akron L'01.0• Part�' o( the second part, /tereinafter called lessee.
<br /> WITNESSETH,That the said lessor,for and in consideration of �8T1 and No/100 — — — — — ^ DOLLARS,
<br /> cash in hand paid, receipt of which is Tiereby aclznowledged, and of the covenants ancl agreements hereinafter contained on the part of Iessee to be paid, Izept and per-
<br /> formed, has granted, demised, leased and Iet and by these presents does grant, demise, Tease anc� let unto said lessee, for the sole and only purpose of mining and operat-
<br /> ing {'or oiI and gas, ancI Iayinfl pipe lines, and building tanks, power stations ancl structures thereon to produce, save ancl take care o` said products, aIl thnt certnin tract
<br /> ' of land situntec� in the CoLU�ty of xa,11. Slnte oj NEBRASKA, descrih�d as follows, to-u�it:
<br /> � The Nartheast Quarter of Section
<br /> of Section 32 7'ownship 9 North Range l.l w�S�"+ and containing lo� ocres more or less.
<br /> It is agreed that this Iease shall remain in f ull f orce f or a term of Z'WO �2� years f rom this c�ate,and ns Iong thereaf ter as oil or gas,
<br /> or either of them, is produced from said land by tT�e lessee.
<br /> In consideration of the premises the said Iessee covenants and agrees:
<br /> tst. To deliver to the credit of lessor, free oF cost, in the pipe line to which lessee may connect his wells, the equnl one-eightl► ('�i) part of alI oil produced and
<br /> saved f rom the leased premises.
<br /> 2nd. To pay lessor f or gas f rom each well where gas only is f ound the equal one-eighth (1ie) of the gross proceeds at the preuailing market rate, f or aiI 9� used
<br /> o`f tAe premises,said payment to be made Quarterly and lessor to have gas free of cost from any such well (or alI stoves ancl aIl inside
<br /> lic�hts in the principal dwelling liouse on snid Iand during the same time by making his own connections with the well at his own risTz and expense.
<br /> 3rd. To pny lessor for gas produced from any oil well and used off tl►e premises or in the manufacture of gnsoline or any other product a roynity of one-eighth
<br /> (1/s) of the marizet value, at the mouth of the well, payable monthly at tl►e prevailing marTzet price.
<br /> lf no well be commenced on said land on or before the �.�'t�1 dny of AU�US� , tg 53 . this lease shall
<br /> terminate as to both parties, unless the lessee on or before that date shall pay or tender to the lessor,or to the lessor's credit in The Commereial National
<br /> Bank at GI'811C�. I8�.i1,I1C1 �T8�3Pa.8}S8 or its successors,which shall continue
<br /> as the c�epository regardless o( chnnges in the ownership of said Iand, the sum of Eighty At1C1 NO��.O� — — — — — — DOLLARS,
<br /> which shall operate as n rental and cover t�e privilege of deferring the commencement of a well for ].2 months (rom said date. In like manner ancl
<br /> upon like payments or tenders tlie commencement of a well may be further de(erred for Iike periods of the same number of months successively. AII such payments
<br /> or tenders of rentals may be made by check or dra(t of lessee or any assignee thereo{, mailed or deliuered on or be�ore the rental paying date, either direct to Iessor or
<br /> assigns or to said depository banh. And it is understood and agreed that the consideration f irst recited �erein, the down payment, covers not only the privileges grantetl
<br /> to the date when saicl first rental is payable as aforesaid, but also the lessee's option of extending that period as aforesaicl, and any and all other rights conferrec�.
<br /> Should the f irst 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 within twelue
<br /> montlis from the expiration o� the last rental period for which rental has been paicl, this lease shall terminate as to both parties, unless the Iessee on or before the
<br /> expiration of said twelve mont{►s shall resume the payment of rentals in the same amount ancl in the same manner as hereinbefore provided. And it is agreed that upon
<br /> the resumption of the payment of rentals, as above provided, that the Iast preceding paragraph hereo/, governing the puyment o/ rentals and the eJ{ect thereo(, shall
<br /> continue in force just as though there had been no interruption in the rental payments.
<br /> 1 j said lessor owns a less interest in the above described land than the entire and undivided (ee simple estate therein, then the royalties and rentals herein pro-
<br /> videcl shall be paid the lessor only in the proportion which his interest bears to the whole and undivided fee.
<br /> Lessee shall have the right to use, free o{ cost,,gas, oil, and water produced on said land for its operation thereon,except water from wells of Tessor.
<br /> When requested by lessor, Iessee sFtall bury Itis pipe lines below plow deptTi.
<br /> No well shall be drilletl nearer than 20o feet to the house or barn now on said premises, wit/iout the written consent of tlte lessor.
<br /> I.essee shall pay for clamages caused by ifs operations to growing crops on said land.
<br /> Lessee shall haue the right at any time to remove all machinery and fixtures placed on said premises, including ihe right to clraw and remove casing.
<br /> 1� the Iessee shall commence to rlrill a well wit{�in the terms of this lease or any extension thereof, the lessee shall have the rigl►t to drill such well to completion
<br /> witl► reasonable diligence and dispatch, and if oil or gas, or either of them, be found in paying quantities; this lease shall continue and be in {orce with the like ej{ect
<br /> as i( such well had been completed within the term of years herein first mentioned.
<br /> If the estate of either party hereto is assigned, and the privilege of assigning in whole or in part is expressly allowed, the covenants hereof shall extend to their heirs,
<br /> azecutors, aclministrators, successors or assigns, but no change in the ownership of the land or assignment of rentals or royalties shall be binding on the lessee until after
<br /> the lessee has been furnis{►ed with a written transfer or assignment or a true copy thereof; ancl it is hereby agreecl in the event this lease shall be assigned as to a part or
<br /> as to parts of the aboue describecl Iands and the assignee or assignees of such part or parts shnll fail or make de{ault in the payment of the proportionate part of the rents
<br /> c�ue from him or them on an acreage basis, such default shnll not operate to def�nt or af(ect ihis lease in so far as it covers a part or parts of said lands upon which ilie
<br /> saicl lessee or any assignee thereof shall make due paymenis o(said rentals. 1 f the Ieasecl premises are now or hereaf ter owned in severalty or in separate traets, the prem-
<br /> ises, ne�ertheless, may be deueloped and operated as an entirety, and the royalties shall be paid to each separate owner in the proportion that the acreage owned 6y him
<br /> bears to the entire leased area. There shall be no obligation on the part o( the lessee to oj�set wells on seporate tracts into which the lantl co�erecI by this Iease maq Itere-
<br /> after be divided by sale, devise, or otherwise, or to furnish separate measuring or receiuing tan{zs for the oil produced from such sepnrate tracts.
<br /> Lessor hereby warrants and agrees to de f end the title to the lancls herein describecl, ancl agrees that the lessee shall have the right at any time to recleem f or Iessor
<br /> by payment, any mortgages, taxes or other liens on the above described lands, in ihe euent o� de�ault o� payment by lessor, and be subrogated to the rigltts o/the holder
<br /> thereof.
<br /> All express or implied covenants oj this lease shall be subject to alI Federal and State Laws, Executive Orders, Rules or Regulations, and this lease shall not be
<br /> terminated, in w/tole or in part, nor Iessee held Iiable in damages,}'or failure to comply therewith, if compliance is preventecl 6y, or if such failure is the result of, any such
<br /> T nw, Order, Rule or Regulation.
<br /> Mra, 0. F. Qoble (SEAL)
<br /> Signed, sealed and delivered in presence o� $� M. B. aoble
<br /> (SEAL)
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<br /> ---- —__(SEAL)
<br /> — _ __(SEAL)
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