|
OIL AND GAS LEASE � ' �
<br /> Containing tqoo Printed Words
<br /> Producers ss SPe��aI F.L.B. �-q2
<br /> �1897—The Augustine Co., County 8upplies, Grand Island, Nebr..
<br /> ��� THE STATE OF NEBRASKA
<br /> Cl�.rence M. Snyder et a.l S''
<br /> County,
<br /> I hereby certify t�at tl�is instrument was entered on Numerical Index, and filed
<br /> TO for record this 2�j day of M�.rch ,9 �2,
<br /> at 3 :Q!� o'clock P. M. �
<br /> �
<br /> J. A. Ro!��land Register of Deeds.
<br /> �� Deputy.
<br /> Fees, $ 2. �0
<br /> AGREEMENT, Made and entered into the 2�th day of January . i9 �2
<br /> by and between C1a.rence Pn. Snyder, a single man, and Carolyn E. Snyder, a �aidow
<br /> of ------ hereinafter called lessor (wl�ether one or more), and
<br /> J.A. R0�'JZ�ri CI — — — — — — — — — — — — — — — — — — — — — — — — — — — — — hereina f ter called lessee:
<br /> WITNESS$TH: That the said Iessor, for and in consideration of Or1e & NO�1�� — — — — — — — — — — — — — — — — Dollars,
<br /> cash. in hanc� paid, the reeeipt of which is hereby aeTznowleclgecl, and of the covenants and agreements hereinafter eontained on part of Iessee to be paid, Tzept and per-
<br /> f ormed, has granted, demised, leased and Iet and by these presents does grant, clemise, lease and let unto the said lessee f or the sole ancl only purpose of exploring by
<br /> geopFiysical and other methods,mining ancl operating�or oil and gas anc�of laying of pipe�ines,nnd of building tanks,powers,stations anc�structures thereon to proc�uce,save
<br /> and take care of snid products, all that certain tract of land situate in the County of Hc311 State of Nebraska described �
<br /> ns follows, to-wit:
<br /> The North Wes� Quarter �nd all that part of the South West Quarter lying north of the
<br />� C. B. & Q.R.R.
<br /> � �
<br /> �
<br /> of Section l� Towns�ip I7 N. Range 12 W. ancl containing 2�jQ acres, more or less. It is agreed that this lease shall remain in force �
<br /> f or a term o f t P.I1 years f rom this date, and as long tTierea f ter as oil or gas or either o f them is produced f rom said Iand by Iessee.
<br /> In consicleration of the premises the saicl lessee covenants and agrees: �
<br /> tst. To deliver to the credit of lessor, free of cost, in the pipe line to which lessee may connect wells on said Iand, the equal one-eiglith part of all oil produced and
<br /> saved f rom the Ieased premises.
<br /> 2nc�. To pay lessor one-eighth (i/s) of the gross proceeds eacli year, payable quarterly, for the gas from eacl� well,�where gas only is found, while the same is being
<br /> used off the premises, and if used in the manufacture of gasoline a royalty of one-eightli (i/s), payaFile monthly at the prevailing marizet rate for gas; anc�lessor to �ave �
<br /> v
<br /> gas f ree o f cost f rom any such well f or alI stoues and aII inside lic�hts in tlie principal clwelling on saicl Ianc� cluring tlie same time, by malzing lessor's own connections with �
<br /> the well at lessor's own risk and expense.
<br /> grd. To pay lessor for gas produced from any oil well and used off the premises or in the manufncture of gasoline or any other product a royalty of one-eighth
<br /> �l�s� of the proceec�s, at the mouth of t�ie well, payable mont�ly at the prevailing market rate.
<br /> I f no well be commenced on said land on or be f ore the 2�tr1 c�ay o f cTc`�I1 Ua T'3l i 9 4�j , tliis lease sliall terminnte
<br /> as to both parties, unless the lessee shall on or be f ore that date pay or tender to tlie le ssor or to the lessor's credit in the S t a t e Ba nk O f' Ca i ro
<br /> Banlz at �ic'1.j.T'O� NP.,b7'r`�,Skc'� , or its successors, which shall continue as tl�e clepository regarclless of changes in the ownership of said land, the sum
<br /> of Fif'ty 'I'WO & No�100 ___________________ dollars, which shall operate as a rental and cover tlie prinilege of deferring the
<br /> commencement of a well for ttarelve months from saic�clate. In like manner ancl upon lilze payments or tent�ers, the commencement of a well may be further
<br /> creferrecl for Ii1ze periocls of the same number of months successively. Ancl it is understooc� nnd agreed that the consideration first recitet�herein, the down payment, covers
<br /> not only the privilege granted to the clate when said first rental is payable as aforesaic�, but also tlie lessee's option of extending tliat period as a(oresaid, and any and all
<br /> other rights conferred.
<br /> Should the first well drilled on the above described land be a dry hole, then, and in that e�ent, if a second well is not commenced on said land wit�in twelve months
<br /> from the expiration of the last rental period for which rentnl has been paid, this lease shall terminate as to both parties, unless the Iessee on or before the expiration of
<br /> said twelve months shall resume the payment of rentals, in t�ie same amount and in tl�e same manner as hereinbefore provided. And it is agreed that upon the resumption
<br /> of the payment of rentals ns above provided, that the Iast prececling paragrapTi Tiereof governing tTie payment of rentals and the effect thereof, shall continue in force just
<br /> as though there had been no interaption in the rental payments, and if the lessee shall commence to drill a well within the term of this lease or any extension thereof, the
<br /> lessee s�ial� have the right to cTrill sueh well to completion with reasonable c�iligence anc� clispateh, anc� if oil or gas, or eit�ier of them, be founc� in paying quantities, this
<br /> lec�se shall continue and be in force with the Iike ef fect as if such well hnd been completed within the term of years first mentioned.
<br /> If saicl lessor owns a less interest in the above cleseribecl Iancl tlian the entire ancl uncliviclecl fee simple estate therein, then t�e royalties and rentals herein provic�ec�
<br /> for shall be paid the said lessor only in tlie proportion which lessor's interest bears to tlie whole anc�unclivided fee.
<br /> Lessee shall have the right to use, free of cost, gas, oil and water produced on saic� land for lessee's operations thereon, except water from the wells of lessor.
<br /> When requested by lessor, lessee shall bury lessee's pipe lines below plow depth.
<br /> 1Vo we�I shall be clrillec� nearer than 20o feet to the house or barn now on saicl premises witliout written consent of lessor.
<br /> l.essee s�iall pay for clamages eausecl by lessee�s operations to flrowing erops on said lancl. �
<br /> Lessee shall have the riglit at any time to remove aII machinery ancl f ixtures p�acec�on saicl premises, including the right to draw and remove casing.
<br /> If the estnte of either party hereto is assignecl�ancl the privilege of assigning in whole or in part is expressly allowec�.--t�ie covenants hereof sliall extencl to their
<br /> heirs, executors, administrators,successors or assigns, but no c{tange in tTie ownership of the Iand, or assignments of rental or royalties sliall be bincling on the lessee until
<br /> after the lessee has been furnishec� with a written transfer or assignment or a true copy thereof; ancl it is Iiereby agreecl that in the event this Iease sliall be assignecl as to
<br /> a part or as to parts of the above describec� Iands and the assignee or assignees of such part or parts sliall fail or make default in the payment of tl�e proportionate part of
<br /> the rents c�ue from him or them, such clefault sliall not operate to clefeat or af fect this lease in so far as it covers a part or parts of said lands upon which the said lessee or
<br /> make clue a ment o saicl rental. In case lessee assi ns t his lease in whole or in nrt lessee shall be relievecl o all obli ations witli res eet to
<br /> any assignee thereo f shall p y f g , P f 9 P
<br /> .
<br /> the assignecl portion or portions arising subsequent to the c�ate of assignment.
<br /> All express or implied covenants of tTiis lease shall be subject to all Federal and State Laws, $xecutive Orders, Rules or Regulations, and this lease shall not be
<br /> terminatecl, in whole or in part, nor lessee helcl linble in dnmac�es, for failure to comply therewith, if compliance is preventecl by, or if sucli failure is the result of, any
<br /> such Law, Orc�er, Rule or�2egulation.
<br /> Lessor herehy warrants anc� agrees to clefend the title to the lands �ierein c�escribec�, ancl agrees that the lessee shall �iave the right at any time to recteem for lessor.
<br /> by payment, any mortgages, taxes or other Iiens on the above described Iands, in the event of clefault of payment by lessor, and be subrograted to the rights of the holder
<br /> thereof, anc� the unc�ersignecl lessors, for themselves ancl their heirs, suceessors, anc� assigns, herebp surrenc�er ancl release all rig�it of c�ower nnc� homesteacl in the premises
<br /> clescribed herein, insofar as said rigTit of dower and homestead may in nny way af f ect the purposes for whic� this Lease is made, as recited lierein.
<br /> IN TESTINIONY WHEREOF WE SIGN, Th�s the 2�th day of January , �9 1�2 .
<br /> Witnesses: •------------------------------------�------------�I'�.T.'.('.I10E-..M..Sn�r.der-----------------------�-------
<br /> -------------------------------------------------------------------------------------------------------------------------------------- -�------------------------------------------------C_arnl-�n---��3ny.de-r-----�---------------�--------�
<br /> ---------------------------�----�----------------------------------------------------------------------------------------------------- -----------�----------------------------------------------------------------------------------------�--------------------------------�-
<br /> ------------------------------------------------------------------------�--------------------------------------------------------------- ---------------------------------------------------------------�------------------------------�--------------------------�---.......
<br />
|