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<br /> B -I- OIL AND GAS LEASE ,�
<br /> Form 88�--�(Producers) (NEBRASKA)
<br /> 21282—The Augustine Co., County Supplles, Grand Island, Nebr.
<br /> �qM THE STATE OF NEBRASKA
<br /> Ss.
<br /> Sylvia Dawson et al Hall Caunty,
<br /> ! I Tiereby certify that this instrument was entered on Numerical Index, and filed
<br /> for recorc� this 25 day of October �jtq �l ,
<br /> TO at 9:.70 o'clock A. M. �z;.c��L v���-�
<br /> I� 12egister of Deeds.
<br /> The Carter Oil �ompany Deputy.
<br /> Fees, $ 2. 30
<br /> ,.
<br /> Commence
<br /> AGREEMENT, Made and entered into this 7th day of �CtOl�2T' , tg 41. , by and between Sylvia Dawson
<br /> I' W � b nd M ri E. S ahr and John F. S�ahr her hu -band Donald J.Walker
<br /> a.,nd George . awson, her hus a , ar,�o e p , ,
<br /> a single man; Dudley Stubblefield and Elsie Stub'ale�ield, his wife; Elma watson, nee Stubblefield
<br /> and Raymond �latson, her husband; Nyr'Gle Stub'plefield, a sin�le woman, and Lenora Stubblefield, a
<br /> single woman,
<br /> Party of the first part, hereinafter called lessor(whetFier one or more)and
<br /> �.'�18 C ar t e r 0 i 1 C o mp an y - - - - - - - - - - - - - - - - - - - - Pa►'t y o f the second part, hereinaf ter called lessee,
<br /> WITN�SS$TH, That the said lessor, for anc�in consicleration of '�'g� and no/100 — — — — — — — — — — — — — — — — DOLLARS,
<br /> cash in I�and paid, receipt of wTiich is hereby aclznowleclgecl, and of tl�e covenants and agreements hereinafter contained on the part of Iessee to be paid, kept, and per-
<br /> f ormed, has granted, demised, leased and let and by these presents does grant, demise, lease and Iet unto said lessee,f or tTie sole and only purpose of mining and operating
<br /> for oil and gas, and laying pipe lines, anc� building tanlzs, power stations and structures thereon to produce,save and take care of said products,aII tTiat certain tract of land
<br /> situated in the County of Hall & Buffalo State of NEBRASKA described as follows, to-wit:
<br /> The South half of the South '�lest Quarter (S� SW4) , Section 19, �'ownship 9 North Ran�;e 12 '�Jest,
<br /> Hall County, �nd lo�s 5 & 6 �ection 12, Township 9 Nortn, Range 13 West, Buffalo County, Nebraska.
<br /> �4���{XXX�XXXXXXXXX�{i�Ys�-XXXXXXXXXXXXX�r��XXXXXXXXXX and containing 120 acres, more or less.
<br /> It is agreed that this lease shall remain in fur[ force f or a term of t en years f rom this date, and as long thereaf ter as oiI or gas, or
<br /> eitl�er of tTiem, is producecl from said land by th,e Iessee.
<br /> In consideration of the premises the said lessee covenants and agrees:
<br /> ist. To deliver fo tl�e credit of lessor, free of cost, in the pipe line to which Tie may connect his wells, tTie equal one-eightlt ('�i) part of all oiI produced and saved
<br /> f rom the leased premises.
<br /> 2nd. To pay Iessor for gas from each well where gas only is found tl�e equal one-eighth (%a) of the gross proceeds at the prevailing market rate, for all gas used off
<br /> t�e premises, said payments to be made montnly
<br /> anc�lessor to have gas free of cost from any such well for all stoves and aIl inside lights in the principal dwelling house on said land during the same time by making his
<br /> own connections with the well at his own rislz and expense.
<br /> grd. To pay lessor for gas produced from any oil well and used of f fhe premises or in the manufacture of gasoline or any other product a royalty of.one-eighth
<br />' (1/s) of the marizet value, at the mouth of the well, payable monthly at the prevailing market price.
<br /> If no well be commenced on said land on or before the 7tr1 day of Oetober , ty�:�.� , this Iease s1�all
<br /> terminate as to both parties, unless the Iessee on or before that date shall pay or tencler to the lessor, or to the lessor's credit in The First S��.t@
<br /> Banlz at Shelton, iJ@1JY'aS'�j a or its successors, wh��h shaII continue
<br /> as the depository regardless of changes in the ownersTiip of said land, the sum of Tnirty and no/1.�� - - - - - - - - - - - DOLLARS,
<br /> wAicli shall operate as a rental and cover the privilege o f def erring the commencement o f a well f or 1.2 months f rom saic� date. In like manner and
<br /> upon like payments or tenders the commencement of a well may be further deferrecl for like periods of the same number of montlis successively. AII sucl�payments or
<br /> tenc�ers of rentals may be made by checlz or draft of lessee or any assignee thereof, mailed or delivered on or before tTie rental paying date, either direct to lessor or assigns
<br /> or to said clepository banlz. And it is understood and agreed that the consideration f irst recited herein, the down payment, couers not only the privileges granted to the
<br /> date when said first rental is payable as aforesaid, but also the Iessee's option of extending tliat period as aforesaid, and any and aIl other rights conferred.
<br /> Should the first well drilled on tAe above clescribecl lan�I be a dry hole, tl�en, and in that event,if a second well is not commenced on said land within twelve montTis
<br /> from the expiration of the last rental period for which rental has been paid, this lease shall terminate as to both parties, unless the lessee on or before the expiration of
<br /> said twelve months shall resume the payment of rentals in the same amount and in the same manner as hereinbefore provided. And it is agreed that upon the resump-
<br /> tion of the payment of rentals; as above provided, that the last preceding paragrapTi liereof, governing the payment of rentals and the effect thereof, shall continue in
<br /> f orce just as though there had been no interruption in the rental payments.
<br /> I f said lessor owns a Iess interest in the above described land than the entire and undivided f ee simple estate tl�erein, then the royalties and rentals h,erein provided
<br /> shall be paic� the lessor only in the proportion wl�ich, l�is interest bears to the whole and undivided fee.
<br /> Lessee shall have the riglit to use, free of cost, gas, oil, and water produced on said Iand for its operation thereon, except water from wells of Iessor.
<br />' When requested by Iessor, Iessee shall bury h.is pipe lines below plow depth.
<br /> No well shall be drilled nearer than 20o feet to the house or barn now on said premises, without th.e written consent of the lessor.
<br /> Lessee shall pay f or clamages causec� by its operation to growing crops on saicl land.
<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 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 liave the rigl�t to drill such weTl to completion with
<br />' reasonable diligence and dispatch, and if oiI or gas, or either of them, be found in paying quantities, this lease shall continue and be in force with the like effect as if
<br /> sucli well had been completed within the term of years lierein first menfioned.
<br /> If the estate of either party hereto is assigned, and the privilege of assigning in whole or in part is expressly allowed, tlie covenants hereof shall extend to their
<br /> lieirs, executors, administrators, successors or assigns, but no change in the ownersl�ip of the land or assignment of rentals or royalties sliall be binding on the lessee until
<br /> after the lessee Iias been furnislied witli a written transfer or assignment or a true copy thereof; ancl it is Ftereby agreed in the event this lease shall be assigned as to a
<br /> part or as to parts of the above c�escribecl lancls anc� the assignee or assignees of sue�i part or parts shall fail or make default in tlie payment of tlie proportionate part of
<br /> the rents due from him or them on an acreafle basis, such default shall not operate to ctefeat or affect this lease in so far as it covers a part or parts of said lands upon
<br /> whiclti the said lessee or any assignee thereof shall malze due payments of said rentals. If the leased premises are now or hereafter owned in severalty or in separate tracts,
<br /> the premises. nec�ert�eless, may be deneloped and operated as an entirety, and tT�e royalties sTiall be paid to eacl� separate owrier in the proportion that the acreage owned
<br /> by him bears to the entire Ieased area. There sliall be no obligation on the part of the lessee to of fset wells on separate tracts into which the land covered by this lease
<br /> may hereaf ter be c�ivided by sale, devise, or otherwise, or to f urnish separate measuring or receiving tanTzs f or the oiI produced f rom such separate tracts.
<br /> Lessor hereby warrants and agrees to defend the title to the Iands herein described, and agrees that the lessee shall have the right at any time to redeem for Iessor by
<br /> payment, any mortgages, taxes or other liens on the above described lands, in the event of default of payment by lessor, and be subrogated to the rigTits of the holder
<br /> thereo f.
<br /> ...----�-�--------------------------------------------------------------------�eor..�e---W..Ilau�.�-�-n....._(SEAL)
<br />' Signed, sealed and delivered in presence of ------------------------------------------------------------------------------Sy.1.V..ia--_D�..wsQn---------...(SEAL)
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<br /> .....--�----------------�-�------------------------�-------------------------........---�------�--•--..._....-----•--------------......__.
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