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<br /> OIL AND GAS LEASE '
<br /> Containing tqoo Printed Words
<br /> Producers 88 Special F.L.B. t-q2
<br /> 21637—The Augustine Co., Couitty Supplies, Grand Island, Nebr. .
<br /> FROM THE STATE OF NEBRASKA
<br /> Ss.
<br /> Arthur �. Dickerson 8c wiPe Hall County,
<br /> I hereby certify that this instrument was entered on Numerical Index, and filed
<br /> �,O for recorcl this 3 cTay of April i9 4`� ,
<br /> at 9; 45 o'clock �i. M. ��2;� �'u"�i-'�
<br /> \J
<br /> cT.�i.Rowland 4j''� Registerof Deeds.
<br /> . Deputy.
<br /> Fees, S 2. 5�
<br /> � AGREBMENT, NIade and entered into t�ie 2nd day of February • 19 �2
<br /> by and between Arthur 5. Dickerson �,nd Florence M. Dickerson, his wife,
<br /> of Grand Island, Nebraska hereinafter called lessor (whether one or more),.and
<br /> eT.A. :�OW�c'�I7t�� — — — — — — — — — — — — — — — — — — — — — — — — ' ' — — ' ' ' hereinafter called lessee:
<br /> WITNBSSETH: That tlie said lessor,for and in consideration of One �C �O! 1�� — ' — — ' — ' — — — — — — — — ' ` Dollars,
<br /> cas� in hand paid, the receipt of which is hereby acknowledged, and of the covenants ancl agreements �ereinafter contained on part of lessee to be paid, kept and per- �
<br /> formed, has granted, demrsed, leased and Iet and by these presents does grant, demise, lease and let unto the said Iessee for the sole and only purpose of e�rploring by
<br /> geophysical and other methods,mining and operating f or oil and gas and of Iaying o f pipe Iines, and o f building tanks,powers,stations and structures thereon to produce,save
<br /> anc� talze care of said products, all tltat certain tract of lnnd situate in the County of H�]_1 Stnte o{ Nebraska clescribed
<br /> as follows, to-wit:
<br /> The South ���est Quarter of the South West Quarter of Seetion Fift�en,
<br /> the �ast Half of the South East Quarter of Section Sixteen, and the � '
<br /> 1Jorth Half of the North Ea,st Quarter of Seetion Twenty One �
<br /> 15, 16 � 2Z �
<br /> of 5ection 9 Tou�nship 1.2 N• Range �-2 w• and containing 2�� acres, more or less. It is agreed that this lease shall remain in force �
<br /> f or a term of t en years f rom this date, and as Tong therea f ter as oil or gas or eitl�er of them is produced f rom said land by lessee.
<br /> In consideration of tTie premises the said lessee covenants and agrees:
<br /> tst. To deliver to the credit of Iessor, free of cost, in the pipe line to which lessee mny connect wells on said land, the equal one-eight/�part of all oiI produced and
<br /> savecl f rom the Ieased premises. �
<br /> 2nd. 7'o pay lessor one-eighth (1/a� of the ,yross proceeds eac�year, payable quarterly, for the gas from eac� well w�ere gas only is found, wFtile the same is being �
<br /> v
<br /> used off tlie premises, and if used in the manufacture of gasoline a royalty of one-eigl�th (1/s), payable montFtly at tlie prevailing market rate for gas; and lessor to have
<br /> gas free of cost from any such well for all stoves and aIl inside lig�ts in the principal dwelling on said land during the same time, by making lessor's own connections with
<br /> the well at lessor's own risTz and expense.
<br /> grd. To pay lessor for gas proclucec� from any oil well anc� usecl off the premises or in the manufacture of gasoline or any other procluct a royalty of one-eighth
<br /> (1/a� of the proceec�s, at the mouf� of the well, payable monthly at fhe prevailing market rate.
<br /> If no iuell be commenced on said land on or before tFee 2nd day of February tg 4�j , tliis lease shall terminate
<br /> as to both parties, unless the lessee shall on or before that date pay or tender to the lessor or to the lessor's credit in tl�e ►�j',c`�,t'iE�' Bank Of CiA'.�.T'O
<br /> Bank at Cairo, Nebraska , or its successors, which shall continue as the clepository regarc�less of changes in tlie owners�iip of said land, the sum
<br /> o f F or t y 8G NO��.,�� — — — — — — — — — — — — — — dollars, whicli sliall operate as a rental and cover tlie privilege o f def erring the
<br /> commencement of a well for tEaelve months from saicl ctate. In like manner anc�upon Iike payments or ten�Iers, the commencement of a well may be furtlier
<br /> c�eferred for like perioc�s of the same number of months suecessively. Ancl it is understoocr anc� agreecl t�iat the eonsic�eration first recitec�herein, the c�own payment, covers
<br /> not only the privilege granted to the date when said first rentnl is payable as aforesaid, but nlso the lessee's option of extending that period as aForesaid, and any and all
<br /> other rights conferred.
<br /> Should the f irst well drilled on the above clescribed lanc�be a clry hole, then, nnc�in tTiat event, if a seeoncl well is not commeneed on saicl lnncl within twelve months
<br /> from the expiration of the last rental periocl for whic� rental has been paicl, this lease shall terminate as to both parties, unless the lessee on or before t�ie expiration of
<br /> saicl twelve months shall resume the payment of rentals, in t�e same amount anol in the same manner as hereinbefore proviclec�. Anrl it is agreec�that upon tlie resumption
<br /> of the payment of rentals ns above provided, thnt the Iast prececling paragrapli Tiereof governing the payrnent of rentals and the effect thereof, shall continue in force just
<br /> as thougl� there had been no interuption in the rental payments, and if the lessee shall commence to c�rill a well within the term of this lease or any extension thereof, the
<br /> lessee shall have the right to clrill suelti well to completion with reasonable cliligenee anc� c�ispatch, anc� if oil or gas, or either of them, be founc� in paying quantities, this
<br /> lease shall continue and be in force with tlie lilze effect as if sucTi well had been completed within the term of years first mentioned.
<br /> If saic� lessor owns n less interest in the aboUe deseribed land than the entire and unclivic�ecl fee simple estate therein, then tlie royalties anc�rentals herein provictec�
<br /> for shall be paid the said Iessor only in the proportion which Iessor's interest bears to the whole and undivided fee.
<br /> Lessee shall have the right to use, free of cost, gas, oiI and water produced on said land for Iessee's operations thereon, except water from tlie wells of lessor.
<br /> When requested by Iessor, lessee shall bury lessee's pipe lines below plow dept�.
<br /> No well shall be clrilled nearer than 20o feet to the Iiouse or barn now on said premises without written consent of Iessor.
<br /> I.essee shall pay for c�amages causec� by lessee�s operations to growing crops on snid land.
<br /> Lessee sliall Tiave the right at any time to remove all macliinery and f ixtures p lacec�on saic�premises, including t�ie right to c�raw anc�remove casing.
<br /> If the estate of either party hereto is assignec��and the privilege of assigning in whole or in part is expressly allowed�--t�e covenants hereof shall extend to their
<br /> heirs, executors, administrators,successors or assigns, but no cliange in the ownersliip o f the Iancl, or assignments of rental or royalties shall be binc�ing on the lessee.until
<br /> after the lessee l�as been furnishec� with a written transfer or assignment or a true copy t�ereof; anc� it is Iiereby agreecl that in the event this lease shall be assigned as to
<br /> a part or as to parts of the above described lands and tlie assignee or assignees of such part or parts shall fail or malze default in the payment of tlie proportionate part of
<br /> tlie rents due from him or them, sucTi defnult shall not operate to defeat or af fect this lease in so far as it covers a part or parts of said lands upon whicli the said lessee or
<br /> any assignee thereof shall malze due payment of said rental. In case lessee assigns this lease, in whole or in part, lessee sliall be relieved of all obligations wit�i respect to
<br /> the assignec� portion or portions arising subsequent to the t�ate of assignment.
<br /> f�ll express or impliec� covenants of this lease shall be subject to aIl Federal and State Laws, Executive Orc�ers, Rules or Regulations, anc� this lease shall not be
<br /> terminatec�, in whole or in part, nor lessee held Iiable in clamages, for failure to comply therewith, if compliance is preventecl by, or if such failure is tltie result of, any
<br /> such Law, Order, Rule or Regulation.
<br /> Lessor hereby warrants ancl agrees to c�efend thP t�tie to the lancls herein c�eseribec�, ancl agrees t�at the lessee shall have the right at any time to rec�eem for lessor,
<br /> by payment, and mortgages, taxes or otlier liens on the aboi�e described lands, in the event of default of payment by Iessor, and be subroqrated to tlie rights of the holder
<br /> thereof, and the undersigned lessors, for themselues and their heirs, successors, and assigns, hereby surrender and release all riglit of dower nnd homestead in the premises
<br /> descrihed herein, insofar as said ric�ht of dower and homestead may in any wny af f ect the purposes for whicl�tliis lease is made,as recited herein.
<br /> IN TESTIMONY WHEREOF WE SIGN, Th�s the 2nd day oJ February , ,9 �2 •
<br /> W�tnesses: ------------------------------------------AEr.thur---B---Di�eker.s on----------------------------�--�-
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