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<br /> B - IL A D A LEA E ��9
<br /> I- 0 N G S S
<br /> Form 88r(Producers) (NEBRASKA)
<br /> �^,,
<br /> 21282—The Augustine Co., County Suppliea, Grand Island, Nebr.
<br /> �pM THE STATE OF NEBRASKA
<br /> ss.
<br /> Dor�� Hi11., ti��idc?�r, Hall County,
<br /> I I�ereby certijy that ahas instrument was enterecl on Numerical Index, and {�led
<br /> for record tl�is ��j day of 0ctober �9 �l .
<br /> TO at 9:Q 0 o'clock A. M. �(��oL �,,�
<br /> Register of Deeds�
<br /> The C�rter Oil �ompany Deputy.
<br /> Fees, $2.�Q
<br /> Commence
<br /> AGREEMENT. Macle and entered into this 7 th day o{ 0 c t o b e r , t9�]. , by and between
<br /> Dora Hill, a taidow, Shelton, Nebras'�a
<br /> Party of tlie f irst part, Iiereinaf ter callecl lessor(whether one or more)and
<br /> � �'t1C' Cart2T' �11 �ompany P�t y of the seconc�part, �ereinafter callect lessee,
<br /> WITNESSETH, That the said lessor, f or and in consideration o f T e n �^,Yi C�. no%100 - - - - - - - - - - - - - - DOLLARS,
<br />� cash in hand paicl, receipt of whicTi is l�ereby acknowledged, and of tl�e covenants and agreements �ereinafter contained on the part of lessee to be paid, kept, and per-
<br /> f ormecl, has granted, demised, Ieased and let and by these presents does grant, demise, lease and Iet unto said lessee,f or the sole and only purpose of mining and operating
<br /> for oil and gas, and Iaying pipe lines, and bu�iding tanlzs, power stations and structures thereon to produce,save and taTze care of said prod`ucts.all that certain tract of land
<br /> situated in the County of Hall State of NEBRASKA �Iescriberl as follows, to-wit:
<br /> Lot l, ar.d all of lots 2, 3, and 4�, Mainlanci, exce�t that sold to Walter D. Lacey
<br /> of Section 2� Township 9 North Range 12 West and containing g`1 acres, more or less.
<br /> It is agreed that this lease shall remain in f uIl f orce f or a term of t en years f rom this date, ancl as Iong thereaf ter as oiI or gas, or
<br /> either of tl�em, is produced from said Iand by tTie lessee.
<br /> In consicleration of the premises the said Iessee covenants and agrees:
<br /> ist. To deliver to tl�e credit of Iessor, free oF cost, in the pipe line to whicTi h,e may connect his wells, tlie equal one-eighth (�k) part of aII oil produced and saved
<br /> f rom the leased premises. .
<br /> a,ncl. To pay lessor for gas from each,well where gas only is founcl the equal one-eighth (�/s) of the gross proceetls at the preoailing marTzet rate, for aIl gas used off
<br /> t�e premises, saBd payments to be made m o n tn 1 y
<br /> anc�lessor to have gas f ree o f cost f rom any such well f or all sto�es and aIl inside Iig�ts in the principal clwelling Tiouse on said lancl during the same time by maTzing his
<br /> own connections witli tlie well at his own risTz and expense.
<br /> 3rd. To pay Iessor for gas produced from any oil well and used of f tlie premises or in the manufacture of gasoline or any other procluct a royalty of one-eighth
<br /> ('�k) of the market value, at the mouth of the well, payable monthly at the prevailing marizet price.
<br /> I f no well be commenced on said land on or be f ore the 7 tY1 day o f 0 e t o b e r . lq t+2 , this lease shall
<br /> terminate as to both parties, unless the lessee on or before that date sl�all pay or tender to tl�e lessor,or to the lessor's creclit in The Fi.rs t �'J��3 t8
<br /> Bank at Shelton, Nebraska or its successors, which sI�all continue
<br /> as tlie depository regardless of changes in the ownership of said Iand, the sum of `I'L�renty and 25%100 — DOLLARS,
<br /> which sTiall operate as a rental and cover the privilege o f def erring tlie commencement o f a well f or 1.Z montlis f rom saitl date.^In like manner and
<br /> upon Iilze payments or tenders the commencement of a well may be further deferred for Iike periods of the same number of months successively. All such payments or
<br /> tenclers of rentals may be made by checlz or draft of Iessee or any assignee thereof, mailed or clelivered on or before the rental paying clate, either direct to lessor or assigns
<br /> or to said depository bank. And it is understood and agreed that the consideration f irst recited herein, the down payment, covers not only the privileges granted to the
<br /> date when said first rentul is payable as aforesaid, but also the lessee's option of extending that period as aforesaid, and any and alI other rights conferred.
<br /> Shoulcl tTie f irst well drilled on the above described Iand be a dry Tiole, then, and in tTiat event, if a second well is not commenced on saicl Iand within twelve months
<br /> from the expiration of t�e 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 /> saic� twelve months shall resume the payment of rentals in the same amount and in the same manner as hereinbefore proviclecl. And it is agreed that upon the resump-
<br /> tion of the payment of rentals, as above provided, that the last preceding paragraph hereof, governing the payment of rentals and the ef`ect thereof, shall continue in
<br /> f orce just as though there �ad been no interruption in t�e rental payments.
<br /> If said lessor owns a less interest in tTie above deseribed land tlian the entire ancl undivicled fee simple estate therein, then the royalties and rentals Iterein provided
<br /> shall be p�xicT the lessor only in the proportion whicli his interest bears to tTie whole and undivided f ee.
<br /> Lessee sTiall have the riglit to use, free of cost, gas, oil, ancl water proclucecl on said Iand for its operation thereon, except water from wells of Iessor.
<br /> When requested by lessor, Iessee shali bu►y h�s pipe lines below plow depth.
<br /> No well shall be clrilled nearer tFtnn 20o feet to the house or barn now on saicl premises, without the written eonsent oF the Iessor.
<br /> Lessee shall pay f or damages caused by its operation to growing crops on said land.
<br /> Lessee shall jtave tTie right at any time to remove all machinery ancI fixtures placecl on saic�premises, including the right to draw ancl remove casing.
<br />' 1f the lessee shall commence to drill a well witl�in the term of this Iease or any e xtension thereof, the Iessee sl�all have the right to drill such well to completion with
<br /> reasonable diligence and dispatch, and if oiI or gas, or either of them, be found in paying quantities, this Iease shall continue and be in force with the IiTze effect as if
<br /> sueFt well Iiacl been eompletec� within t�e term of years �ierein first mentionecl.
<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
<br /> heirs, executors, admtnistrators, successors or assigns, but no change in t�e ownership of the Iand or assignment of rentals or royalties shall be binding on the lessee until
<br /> a ter the Iessee lias been furnished with a written transfer or assignment or a true copy thereof; ancl it is �iereby agreed in the eaent this lease shall be assigned as to a
<br /> f
<br /> part or as to parts of the above described Iands and the assignee or assignees of such part or parts shall fail or make default in the payment of the proportionate part of
<br /> the rents due rom him or them on an acreage basis, such default shall not operate to clefeat or affect this Iease in so far as it covers a part or parts of said lands upon
<br /> f
<br /> r n 'n everalt or in se arate tracts
<br /> which, the said lessee or any assignee tliereo f shall malze due payments o f said rentals. I f tlie Ieased premises are now or hereaf te ow ec�i s y p
<br /> fh ro 'd to each se arate owner in the ro ortion that the acre e ownecl
<br /> n t�ert�eless ma be clenelo ed and o erated as an entiret , and e aZties sliall be paz p p p a9
<br /> fhe premises. e . Y P P Y Y
<br /> by h4m bears to the entire leased area. There shall be no obligation on the part of tl�e lessee to of fset wells on separate tracts into which the land covered by tTiis Iease
<br /> may hereaf ter be c�ivided by sale, devise, or otherwise, or to f urnish separate measuring or receiving tanizs f or tTie oiI proclucecl f rom such separate tracts.
<br /> Lessor liereby warrants and agrees to defend the title to the lands herein described, and agrees that the lessee shall have the right at any time to redeem for lessor by
<br /> payment, any mortgages, taxes or other liens on the nbove described lands, in the event of default of payment by lessor, and be subrogated to the rights of the holder
<br /> thereo{. .
<br /> Dora_._Hill______________________�SEAL)
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