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OIL AND GAS LEASE ���
<br /> Containing t400 Printed Words
<br /> Producers 88 Special F.L.B, i-q2
<br /> tilBSi7—The Augustine Co., County Supplies, Gra.nd Island, Nebr.
<br /> FROl�I THE STATE OF NEBRASKA
<br /> ss.
<br /> Hal.l County,
<br /> Theresa Kr�eger & husb
<br /> I �iereby certify that this instrument was entered on Numerical Index, and filed
<br /> TO for recorcl tliis 2�j ctay of March �}3 ,
<br /> at 3 o��io�k P. M. ���� ���.�
<br /> J.1G1.ROWI_Ei21C� Register of Deeds.
<br /> /� Deputy.
<br /> 1 Fees, $ 2. 2�
<br /> AGREEMENT, Made and entered into the �Utrl� day o� January , lq �2
<br /> by and between Theresa KroPger and Ed Kroeger,her husband
<br /> of Cairo,Nebrasl:a hereinaf ter called lessor (whether one or more), and J.A.F.owland
<br /> l�ereinaf ter called lessee:
<br /> WITNESSETH: That t1�e said Iessor,for and in consideration of One 8C T�U f�.�0 — — — — — — — — — — — — — — — — — Dollars,
<br /> eash in hancl paicl, the reeeipt of w�iich is kereby aeknowledgecl, anc�of the eovenants anc� agreements hereinafter eontainec� on part of lessee to be paicl, kept ancl per-
<br /> f ormec�, has granted, c�emised, leased and let and by these presents does grant, demise, lease anc� let unto the said lessee f or the sole and only purpose of exploring by
<br /> geop�ysical and other met�ods,mining anc�operating f or oil and gas and of laying of pipe lines, and o building tanlzs,powers,stations and structures thereon to produce,save
<br /> and take care of said products, all that certain tract of land situate in t�e County of �ia��' State of Nebraska described
<br /> as follows, to-wit: �
<br /> The West HaZP oP the South EaRt G�uartPr (W� BE;)
<br /> � .
<br /> �
<br /> of Section 4� Towns�ip 1.� �. Range �c`� �. and containing �Q acres, more or less. It is agreed that tliis lease shall remain in force
<br /> f or a term o f t8I1 years f rom this date, and as long therea f ter as oil or gas or either o f tliem is produced f rom said land by lessee. �
<br /> In consideration of tl�e premises the said lessee covenants and agrees:
<br /> tst. To deliver to the credit of Iessor, free of cost, in t1�e pipe line to which lessee may connect wells on said land, t�e equal one-eigFtth part of aII oiI procIucecl ancI �
<br /> saved f rom the leased premises.
<br /> �ncl. To pay lessor one-eightli (Y/s) of the gross proceec�s each.year, payable q uarterly, f or tlie gas f rom each well w{tere gas only is f ouncl, while tlte same is being
<br /> usecl off t�e premises, and if used in the manufacture of gasoline a royalty of one-eight� (��, payable monthly at the preuailing market rate for gas; ancl lessor to have �
<br /> gas free of cost from any such well for all stoves nnd nll inside Iights in the principal dwelling on said land during the same time, by making lessor's own connections with �
<br /> the well at Iessor's own risk and expense. V
<br /> grd. To pay lessor for gas produced from any oil well and used off the premises or in the manufacture of gasoline or an,y other procluct n roynity of one-eighth
<br /> (1/s) o f the proceecls, at tlie mouth of the well, payable mont�Iy at tlie prevailing market rate.
<br /> If no well be eommencecl on saic�lanc�on or before the ��tYl� ctay of January t9 �3 , this lease shall terminate
<br /> as to both parties, unless the lessee shall on or before tliat clate pay or tencler to the lessor or to the Iessor's eredit in the �tQte �QTl$ Or Cairo
<br /> Bank at CiEI'�.2'��PJebraaka , or its successors, wh,ich s�iall continue as the clepository regardless of ch.anges in t�e ownersjeip of saial lancl, t�te sum
<br /> of Sixteen �C No/100 - - - - - - - - - - - - - - -doilars, wl�ich shall opernte as a rental and cover the priviTege of deferring the
<br /> commencement of a well for �welve months from saicl date. In Zi1ze manner ancl upon like payments or tenders, t�ie commencement of a well may be furt�ier
<br /> cleferrecZ for like perioc�s of the same number of montlis suecessively. Ancl it is unclerstoocl ancl agreed tltat the eonsic�eration first recitecl herein, the clown payment, eovers
<br /> not only the privilege grnntecl to tlie date wlien said first rental is payable as aforesaicl, but also the lessee's option of extending that period as aforesaid, and any ancl all
<br /> other rig�its conferrecl.
<br /> Should the f irst well clrillec�on the above cZescribecl Iancl be a cIry hole, then, anc�in that event, if a seeoncl well is nof commencecl on saic�Ianc�within twelve months
<br /> f rom the expiration of t�ie last rental periocl f or which rental has been paic�, this lease shnll terminate ns to bot�i parties, unless the lessee on or bef ore t{te expiration of
<br /> said twe�ve months shall resume the payment of rentals, in the same amount and in the same manner as hereinbefore prouiclecl. And it is agreed that upon the resumption
<br /> of the payment of rentals as above provided, that the last preceding paragraph hereof governing the payment of rentals and the effect thereof, s�all continue in force just
<br /> as tl�ougTi there liad been no interuption in tlie rental payments, and if the lessee shall commence to drill a well within the term of tliis lease or any extension thereof, tlie
<br /> lessee shall have the rig�t to drill such well to completion with reasonable diligence and dispatch, ancl if oil or qas, or either of t�iem, be founc� in paying quantities, this
<br /> �ease shall continue nnd be in force with the like ef fect as if such well had been completed within the term of years first mentioned.
<br /> If said Iessor owns a less interest in tF�e above described land t1�an the entire and undivided fee simple estate therein, then the royalties and rentals herein provided
<br /> for sTiall be paicl tlie saicl lessor only in tlie proportion wjtieh lessor's interest bears to t�ie whole ancl undivided fee.
<br /> Lessee shall have tlie right to use, free of cost, gas, oil and water produced on said land for lessee's operations thereon, except water from the wells of lessor.
<br /> When requested by lessor, lessee shall bu►y lessee�s pipe lines below plow clepth.
<br /> 1Vo well shall be clrillecl nearer than 200 {eet to the house or barn now on said premises without written consent of lessor.
<br /> l.essee sh.all pay for clamages causec� by lessee�s operations to growing erops on saicl lanc�.
<br /> Lessee shall ltave the right at any time to remove all machinery anc�fixtures p�ncecl on said premises, incluc�ing the riglit to c�raw and remove casing.
<br /> If the estate of either party hereto is assignec�.--anc� t�,e privilege of assigning in whole or in part is expressly allowed�the covenants �iereof shall extend to t�ieir
<br /> heirs, executors, administrators,successors or assigns, but no change in tlie ownersliip o f the Iand, or assignments of rental or royalties shall be bincling on the lessee until
<br /> after the lessee has been furnished with a written trnnsfer or assignment or a true copy thereof; and it is hereby agreed that in the event this Iease shall be assigned as to
<br /> a part or as to parts of the above described Iands and the assignee or assignees of such part or parts sliall fnil or mnlze default in t�e payment of the proportionate part of
<br /> the rents due f rom him or tliem, such def ault shall not operate to def eat or af f ect th is lease in so f ar as it covers a part or parts o f said lands upon which the said lessee or
<br /> any assignee thereof shall make c�ue payment of saic� rental. In case lessee assigns this lease, in whole or in pnrt, Iessee sltall be relieved of all obligations with respect to
<br /> the assi.gnec� portion or portions arising subsequent to t�ie clate of assignment.
<br /> f�ll express or impliec� eovenants of this lense shall be subjeet to all Fecleral anc� State Laws, Exeeutive Ort�ers> Rules or Regulations, ancl this lease shall not be
<br /> terminatecl, in whole or in part, nor lessee helc� liable in damnges, for failure to comply therewith, if compliance is preventecl 6y, or if such failure is the result of, any
<br /> such Law, Order, Rule or Regulation.
<br /> Lessor hereby warrants anc� agrees to c�efenc� the title to the lanc�s herein c�escribec�, ancl agrees t{tat the lessee shall �tave t�ie rig�it at any time to recteem for lessor,
<br /> by payment, an�mortgages, taxes or other liens on the nbove described Iands, in the event of clefault of payment by Iessor, and be subrograted to the rig�ts of the holder
<br /> thereof, ancl t�ie undersigned lessors, for themselues and their heirs, suceessors, ancl assigns, hereby surrencler ancl release all right of dower and homestead in th.e premises
<br /> clescribecl herein, insofar as said riglit of dower and homestead mny in any ivny nf f ect the purposes for which this Iease is made, as recitecl herein.
<br /> IN TESTIMONY WHEREOF WE SIGN, This the 3��h� day of January , tq 4'� ,
<br /> W�Enesses: �------------------------------------------------------------------NTY'5----Th-�.re�ea_._Kra-e-��r-----
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