|
_ _ .
<br /> `''�,5 '
<br /> B -1- OIL AND GAS LEASE �
<br /> �
<br /> Form 88�--�(Producers) (NEBRASKA) �
<br /> 21282—The Auguatine Co., County Suppliea, Grand Island, Nebr. 'I
<br /> FROM THE STAT� OF NEBRASKA
<br /> Ss.
<br /> Hans RR�hm�.i,ri �'c WP H�1.1 County,
<br /> I Tiereby certify that this instrument was entered on Numerical Index, and filed ,
<br /> for record this 6 day of AUgU t 19�2 .
<br /> T� at �.. :�� o'clock p.M. �-e�-t*-��[- I
<br /> Register of Dee�I .
<br /> Jop V'Jri�ht � Depury.
<br /> Fees, � �;'h5
<br /> _I
<br /> �
<br /> Commence
<br /> AGREBMENT,Made and entered into t�iis 1-�t day o f �YA�/ , ig ��. , by and between
<br /> Han$ Rat�unan and ��Iary RatYu.7�n,his wi�e
<br /> ' Party of th.e f irst part, hereinaf ter called lessor(whether one or more)and ,�
<br /> e70� Wright Part y' of the second part, hereinafter called Iessee,
<br /> V�1ITNESS$TH, That the said lessor, for ancl in consideration o( — ()Ile — DOLLARS,
<br /> cash in Tiand pard, receipt of which, is Tiereby aclznowledgec�, and of tl�e covenants and agreements 1�ereinafter contained on tTie part of Iessee to be paid, Tzept, and per-
<br /> f ormecl, has granted, demised, �eased and let and by these presents does grant, demise, lease ancl let unto saicl lessee,f or the sole and only purpose o f mining and operating
<br /> for oil ancl'gas, anrl Iaying pipe lines, and building tanks, power stations and stru.ctures tliereon to produce,save and take care of said products,all that certain tract of lantl
<br /> situatecl in the County of H�-Z State of N$BRASKA described as follows, to-wit:
<br /> North East �uarter,5�ction 71; And tt�e N�r�ri EASt �luarter, Section 14;and the North Ha1P of
<br /> North V'J'est �uartPr, SPetion 1 j; and South Half aP 5outh West �luarter, a�e tion i3;
<br /> �
<br /> �
<br /> of Section Township I.2 N Range I.I V"r and containing �&`'� acres> more or less. �
<br /> It is agreecl that this lease shall remain in futi force for a term of t+P.TI years from this date, and as Iong thereafter as oiI or gas, or
<br /> either of tl�em, is produced from said land by the Iessee. `
<br /> In consideration of t�e premises the said lessee covenants and agrees: �
<br /> ist. To deliver fo the credit of lessor, free of cost, in the pipe line to whicFi he may connect his wells, the equal one-eigl�th (1/s) part of alI oiI produced and savec� �
<br /> from the leased premfses. a��
<br /> a�nd. To pay lessor for gas from each well where gas only is found the equal one-eighth. (%s) of the gross proceeds at the prevailing market rate, for a�l gas usect of f �0
<br /> n
<br /> the premises, said payments to be macle monthly �
<br /> ant� lessor to have gas free of cost from any suc� well for aZl stoves and all 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 risk and expense. �
<br /> 3rd. To pay lessor f or gas proclucec� f rom any oil well and used o f f the premises or in t�ie manuf acture of gasoline or any other procluct a royalty of one-eightT�
<br /> ('�s) of the market value, at the mouth of the well, payable montlily at the prevailing market price.
<br /> If no well be commenced` on said Iand on or before t�e �.81', day of �1�A.2'G.�1 , ig 1�.1}. , this lease shall
<br /> terminate as to both parties, unless the lessee on or before tliat clate shall pay or tender to tl�e lessor, or to the lessor's credit in The ►gtf�t'ie B&T1�L of Cairo
<br /> Banlz at Cairo,Ne��r, or its successors, wI�ich shalI continue
<br /> as t�e depository regardless of changes in tl�e ownership of said Iand, the sum of ,'24d.00 DOLLARS,
<br /> which shall operate as a rental and cover tl�e privilege o f def erring the commencement of a well f or �.� montTis f rom said date. In like manner and
<br /> upon like payments or tenders the commencement of a well may be further deferred for like periods of the same number of montT�s successively. AII such payments or
<br /> tenclers of rentals may 6e made by check or draft of lessee or any assignee thereof, mailed or delivered on or before the rental paying date, either direct to Iessor or assigns
<br /> or to saicl depository bank. And it is understood and agreed t�at the consideration f irst recited herein, the down payment, covers not only th.e privileges grantec� to the
<br /> date when said first rental is payable as aforesaid, but also the lessee's option of extending that period as aforesaid,and any and all other rigFits conferred.
<br /> Should the first well drilled on the above described land be a dry hole, then, and in that event, if a seconcl well is not commenced on said land within twelve months
<br /> from the expiration of the last rental period for which rental has been paid, this lease s�all terminate as to both parties, unl`ess the lessee on or before the expiration of
<br /> said twelve months shal� resume tTie 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 rentaTs, as above provided, that tFie Iast prececling paragraph Tiereof, governing the payment of rentals and the effect thereof, shall continue in
<br /> force just as though there had been no interruption in the rental payments.
<br /> If said lessor owns a less interest in the above described land than the entire and undividecl fee simple estate tlierein, then tTie royalties and rentals herein provided
<br /> sFtall be puid t�e lessor only in tlie proportion which, his interest bears to the whole and undividecl 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 lessor.
<br /> When requested �iy lessor, lessee shall bury his pipe Iines below plow depth.
<br /> No well shall be clrilled nearer than 20o feet to the house or barn now on sai�premises, without the written consent of the lessor.
<br /> Lessee shall pay f or clamages causecl by its operation to growing crops on saic� lanrl.
<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 with.in the term of this lease or any e xtension thereof, the lessee sl�all have the riglit 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 lease shall continus and be in force with the like effect as if
<br /> such well hacl been completed witTiin the term of years herein first mentioned.
<br /> If the estate of either party liereto is assigned, and the privilege of assigning in whole or in part is expressly alloc�ed, the covenants hereof sha[l extend to their
<br /> heirs, executors, administrators, successors or assigns, �iut no change in the ownership of the land or assignment of rentals or royalties shall be binding on the lessee until
<br /> after the lessee has been furnisherl witFt a written transfer or assignment or a true copy tl�ereof; and it is liereby agreed in the event this lease shall be assigned as to a
<br /> part or as to parts of the above described Iancls and the assignee or assignees of sucTi part or parts shall fail or make default in the payment of tlie proportionate part of
<br /> the rents clue from him or them on an acreage basis> sucli clefault shall not operate to c�efeat or affect this lease in so far as it covers a part or parts of saicl lands upon
<br /> whicl� the said lessee or any assignee thereof shall malze due payments of saicl rentals. If the leased premises are now or hereafter owned in severalty or in sepr%rate tracts,
<br /> the premises, nenertl�eless, may be developed and operated as an entirety, and the royalties shall be paid to each separate owrier in tl�e proportion that the acreage owned
<br /> by Tiim bears to the entire leased area. There shall be no obligation on t�ie part of the lessee to offset wells on separate tracts into whicl� the land coverecl by this lease
<br /> may hereafter be divided by sale, devise, or otherwise, or to furnish separate measuring or receiving tanks for the oiI producecl from such separate tracts.
<br /> Lessor hereby warrants and agrees to defend the title to tiie lands herein described, and agrees that the lessee shall have the right at any time to redeem for lessor by
<br /> Aayment, any mortgages, taxes or other liens on the above described lands, in the event of default of payment by lessor, and be subrogated� to tlte rights of tl�e holder
<br /> t�iereof.
<br /> ---�----------------------------------------------------HAn�_..RatYunan------------.....--------------------(SEAL)
<br /> II Signed. sealecl ancl cleliverecl in presenee o{ --------------------------------------------------------I�ZarY..,_Rathman.---------.----------------------....(SEAL)
<br /> ---�------�-------------�-------------------------------------------�------------�-------------------------�--------....------------(SEAL)
<br /> ------------------�---------------------------HPrY�ert...F..M�zyPr.----�------------�------------------------ -----�------------------........------------------.......--------------------------......------------------------�----�---�---------(SEAL)
<br /> --------�----------------------------------------------------�-------------------....._.__.....-•-----�----------�------------------(SEAL)
<br /> ---------------�------------------------------------------------------�-----------...------...._.......------------�-----------.._...------ -------------------•---------------------------------------------------------------•--------.....--------...------------------------(SEAL)
<br /> ------------------�----.....---------------------------------------------�----......-------•----------------............----�--.....------
<br /> -------------------•--.....-----•-----...--------•-�------------•---�-�-----•-----------�------------...._....------------------��--(SEAL)
<br /> I _ __ _
<br />
|