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<br /> B -I- �IL AND GAS LEASE ..
<br /> Form 88�(Producers) (NEBR.ASKA)
<br /> 21282—The Augustine Co., County Supplies, Grand Island, Nebr.
<br /> �pM THE STATE OF NEBRASKA
<br /> ss.
<br /> HA�.�. County,
<br /> Caroline� Harcier, eingl.e I hereby certify tTiat this instrument was enterecl on Numerical Index, an�I filed
<br /> for recorcl this 6 tlay of l�U t'i tq �.`2 ,
<br />;
<br /> To Qe 1.:30 o'�io�k p.M. � '
<br />, Register of Dee .
<br /> J aP �'ri�ht Dep"t''. ;
<br /> f�
<br /> Fees, $ 2�1.�j' j
<br /> Commence
<br /> AGREEMENT, lvlade ancl entered into this 2� clay of April > i94]. . by and �ieta�een
<br /> Caroline Harder �. etngle woman �
<br /> Party of the first part, hereinafter called lessor(whether one or more)and
<br /> JUe Y�right Part y of t�e second part, hereinafter called Iessee,
<br /> WITNESSETH, Tliat the saicl Iessor, for anc� in consic�eration o( — one - DOLLARS,
<br /> cash in liand paid, receipt of which is Tiereby acknowleclged, and of the covenants ancl agreements hereinafter contained on the part of lessee to be paid, kept, and per-
<br /> ' formed, Iias granted, demised, Ieased and let and by these presents does grant, demise,lease and let unto said lessee,for the sole and only purpose of mining and operating
<br /> for oil and gas, and Iaying pipe Iines, and building tanlzs, power stations and structures thereon to produce,save and talze care of said products, all that certain tract of land
<br /> situatecl in the County of �a�-I State of NEBRASKA described as follows, to-wit:
<br /> North �degt �uarter,8ection 2?;
<br /> of Section Township �.� N Range �1. �"1� and containing �-6d acres, more or less.
<br /> � It is agreed that this lease sl�all remain in full force for a term of ten years from this date, and as long tTiereafter as oil or gas, or
<br /> eitlier of them, is produced from said lancl by tlie Iessee.
<br /> M In consideration of the premises the said lessee covenants and agrees:
<br /> � tat. To de�iver to the credit o lessor, ree o cost, in the i e line to wFiich he ma connect his wells, t�e e uaI one-ei hth 1/s art o all oil roduced and saved
<br /> I f f PP Y q 9 I JA f P
<br /> � f rom the leasecl premises.
<br /> 2nd. To pay lessor for gas from each well where gas only is found the equal one-eighth (�/s) of the gross proceec�s at the prevailing marizet rate, for all gas used of f
<br /> � the premases, satd payments to be macle manthly
<br /> and lessor to have gas free of cost (rom any such well for all stoves and all inside lights in the principal clwelling house on said land during the same time by making his
<br /> � own connections with the well at his own risk and expense.
<br /> m 3rcl. To pay lessor for gas produced from any oil well and used off the premises or in the manufacture of gasoline or any other procluct a royalty of one-eigT�th
<br /> � (i/s) of the market value, at the mouth of t�,e well, payable monthly at the prevailing market price.
<br /> If no well be commenced on saicl Iand on or before tlie 1.8ti day of Mareh , iq �.{., this lease shall
<br /> � terminate as to botl� parties, unless tlie �essee on or before that date shall pay or tencler to tlie lessor, or to tl�e lessor's credit in The ►�itt1,�@ Bank of Cairo
<br /> Banlx at r.��.Y'�3��P,�J Y' or its successors, which shalI continue
<br /> , � as the depository regardless of changes in the ownership of saic�land, the sum of ��`�.U� DOLLARS,
<br /> which shall operate as a rental and cover the privilege of deferring the commencement of a well for �-� months from said date. In like manner and
<br /> upon like payments or tenders tl�e commencement of a well may be further deferred for like periods of the same number of months successively. All such payments or
<br /> tenders of rentals may be made by check or draft of lessee or any assignee thereof, mailed or delivered on or before t�e rental paying date, either direct to lessor or assigns
<br /> or to said depository bank. And it is understood and agreed that the consideration f irst recited lierein, the down payment, covers not only the privileges granted to tlie
<br /> date when said first rental is payable as aforesaid, �ut also the lessee's option of extencling that periocl as aforesaid, and any and all otl�er rights eonferred.
<br /> Should the f irst well drilled on the above described lancl be a clry Iiole, then, and in that event, if a second well is not commenced on said land within twelve months
<br /> � from the expiration of the last rental period for wl�ich rental has been paid, tliis lease sliall terminate as to both parties, unless the lessee on or before the expiration of
<br /> `��, said twelve months shall resume the payment o� rentals in the same amount and irz the same manner as hereinbefore provided. And it is agreed that upon the resump-
<br /> tion of the payment of rentals, as above provided, t�at the last preceding paragraph hereof, governing the payment of rentals and the effect t�ereof, shall confinue in
<br /> f orce just as thougTi there had been no interruption in t�e rental paymenls. •
<br /> If said lessor owns a less interest in the above described land than the entire and unclivided fee simple estate therein, then tl�e royalties and rentals herein provided
<br /> shall be puid the lessor only in the proportion which his interest bears to the whole and undivided fee.
<br /> Lessee shall have the right to use, free of cost, gas, oil, and water produced on said lanc�for its operation thereon, except water from wells of lessor.
<br /> When requested by lessor, lessee shall bury his pipe lines below plow depth.
<br /> No well shall be drilled nearer thnn 20o feet to the house or barn now on said premises; without the written consent of the lessor.
<br /> Lessee sjtall pay for clamages causecl by its operation to growing crops on satd land.
<br /> Lessee shall have the right at any time to remove aIl machinery and fixtures placed on said premises, including the rigl�t to draw and remove casing.
<br /> If tl�e lessee shall commence to drill a well within the term of this lease or any extension thereof, the lessee s1�aII have the right to drill such well to completion with
<br /> reasonable diligence and dispatch, and if oiI or gas, or eitl�er of them, be found in paying quantities, this Iease sl�all continue ancl be in force witl� the lilze effect as if
<br /> such well had been completecl within the term of years herein first mentioned.
<br /> If tl�e estate of either party hereto is nssigned, and the privilege of assigning in whole or in part is expressly allowed, t�e covenants hereof sliall extend to their
<br /> heirs, executors, administrators, successors or assigns, but no change in the ownership of the land or assignment of rentals or royalties shall be binding on the lessee until
<br /> after the Iessee has been furnished with a written transfer or assignment or a true copy tliereof; ancl it is hereby agreed in the event tl�is lease shall be assignecl as to a
<br /> part or as to parts of the above clescribed lands and the assignee or assignees of such part or parts shall fail or malze default in tlie payment of the proportionate part of
<br /> tlie rents due from liim or them on an acreage basis, such, default shall not operate to d'efeat or affect tliis lease in so far as it covers a part or parts of said Iands upon
<br /> which the said Iessee or any assignee tl�ereo f shall malze due payments o f said rentals. I f the Ieased premises are now or hereaf ter owned in severalty or in separate tracts,
<br /> the premises, nec�ertheless, may be rZeveloped and operated as an entirety, and the royalties sliall be paid to each separate owner in the proportion that the acreage owned
<br /> by h,2m bears to the entire, Ieased area. There shall be no obligation on the part of the lessee to offset wells on separate tracts into whicFi the land covered by this lease
<br /> may hereaf Eer be divided by sale, devise, or otherwise, or to f urnish separate measuring or receiving tanks f or tT�e oiI produced f rom such separate tracts.
<br /> Lessor hereby warrants and agrees to defend the title to the Iands herein describecl, and agrees that the lessee shall have tFie right at any time to redeem for lessor by
<br /> payment, any mortgages, taxes or other liens on the above described lands, in the event of default of payment by lessor, and be subrogated to tlie rights of the holder
<br /> thereo f.
<br /> -------------------------------------------------------�---Carolirie..H�?'��r-----------------�------.(SEAL)
<br />'' Signed. sea�ed and delivered in presence of ----------------------�--�-------------..._......--------------------�-------..._...----�---------------�---�---------�-----..._.__.(SEAL)
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<br /> G,_C.Raven --------------- ------.(SEAL)
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