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<br /> B -I- OIL AND GAS LEASE :-
<br /> FotTtt 88r-(Producere) (NEBRASKA)
<br /> 21282—The Augustine Co., County Suppliea, 6rand Island, Nebr.
<br /> FROM THE STATE OF NEBRASKA
<br /> ss.
<br /> R�imer J.Har�;ens & wf. HA11 County,
<br /> 1 hereby certify that this instrument was entered on Numerical Index, and filec�
<br /> for recorcl this 6 clay of ,AUgtl t � p � 19 42 �'s��
<br /> TO at ]. : 3� o'clock p. M. ��;-c��r-+�C�
<br /> Register of De�
<br /> J o e �i1�'1�;h t De�uty.
<br /> � Fees, $ �:1.cj
<br /> Commence
<br /> AGREEMENT, Macle and entered into this �7 day o( Jurie . t9 �1, , by and between
<br />� k�eirner J.Hargen� & Enlm� Har€eris �Husband & V'ri�'e)
<br />�
<br /> Party of tl�e f irst part,hereinaf ter called lessor(whether one or more)and
<br /> �'O P, P�r 1.�;h t Party o f the second part, hereina`ter called,Iessee,
<br /> WITNESSETH, That the said Iessor, for and in consideration of — Ori@ — DOLLARS,
<br /> cash in hanc� paid, receipt of wliich, is Tiereby aclznowledged, and of the covenants and agreements hereinafter contained on t�e part of lessee to be paid, kept, and per-
<br /> f ormed, has grantecl, demised, leased and let and by these presents does grant, demise, lease and let unto said lessee,f or the sole and only purpose of mining and operating
<br /> for oil and gas, ancI Iaying ptipe lines, and building tanks, power stations and structures thereon to produce,save and talze care of said products,all that certain tract of Iand
<br /> situatec�in the County of �a�-�- State of NEBRASKA clescribed� follows, to-wit:
<br /> rlorth Eaat Qu�.rter,Section 22;
<br /> of Section Tbwnship I-2 N Range 1-�- � ancI containing �.hd acres, more or less.
<br />( It is agreed tFiat this lease sliall remain in f ull f orce f or a term o f t E'n years f rom this date, anc� as Iong tl�ereaf ter as oiI or gas, or
<br /> either of them, is produced from said land by tlie Iessee.
<br /> I, In consicleration of the premises the said Iessee covenants and agrees:
<br />` tst. To deliver fo the credit of lessor, free of cost, in the pipe line to whicli Tie may connect his wells, t�e equal one-eigTttA (�/a) part of all oil produced and saved
<br />� f rom the leased premises.
<br />'I 2nd. To pay lessor for gas from each well wTiere gas only is found tTie equal one-eigTith (%sJ of the gross proceeds at the prevailing marizet rate, for aIl gas used off
<br /> the premises, said payments to be macle monthly
<br /> and lessor to liave gas f rae of cost f rom any such well f or alI stoves and aII inside lights in the principal dwelling house on said land cluring the same time by making his
<br />, own connections with the well at his own rislz and expense.
<br /> grcl. 7'o pay jessor for gas proclueed from any oil well ancl used off t�ie premises or in. the manufaeture of gasoline or any ot�er procluet a royalty of one-eighth
<br /> ('rb) of the market value, at the moutli of tlie well, payable monthly at the prevailing market price.
<br /> If no well be commenced on said land on or before tl�e 1.8� clay of bIarch , tq �� , this lease shall
<br /> terminate as to both parties, unless the lessee on or before tTiat date shall pay or tencler to tl�e lessor, or to tlie lessor's credit in The �tBtE Bank of Cairo
<br /> Banlz at Ca3ro,Nebr or �cg successors, Wh��h�halt continue
<br /> i as the depository regardless of changes in tl�e ownership of said land, the sum of ���.Q� DOLLARS,
<br /> which shall operate as a rental anc� cover the privilege o f def erring the commencement o f a well f or �.� months f rom said date. In Ii1ze manner and
<br /> upon like payments or tenders the commencement of a well may be further deferred for Iike periods of the same number of months successively. AlI such payments or
<br /> tenders of rentals may be made by checlz or draft of lessee or any assignee thereof, mailed or delivered on or before the rental paying date, either direct to lessor or assigns
<br /> or to saicl clepository banlz. And it is understood and agreed that the consideration f irst reeitec� herein, the down payment, eouers not only the privileges grantecl to t�ie
<br /> date when saicl first rental is payable as a`oresaid, but also the lessee's option of extend'ing that period as aforesaid, and any and aII other rights conferred.
<br /> Should the f irst well drilled on the above described Iand be a dry hole, then, and in that event, if a second well is not commenced on said land within twelve montAs
<br /> from the expiration of the last rental period for which rental has been paid, this lease shall terminate as to both parties, unless the lessee on or before flxe expiration of
<br /> said twelve months s{►all resume the paqment of rentals in the same amount and in the same manner as hereinbefore provided. And it is agreerl that upos� fhe resump-
<br /> tion of the payment of rentals, as above provided, that the Iast prececling paragrapTi Iiereof, governing the payment of rentals and the effect thereof, shall continue in
<br /> force just as thoug�, t�ere �.ad been no interruption in the rental payments.
<br /> 1 f saicl lessor owns a less interest in the above described land than the entire ancl undivided f ee simple estate therein, then the royalties and rentals herein provided
<br /> shalt be pcxid the lessor only in the proportion which his interest bears to fhe whole and undivided fee.
<br /> Lessee shall have the right to use, free of cost, gas, oil, and water produced on said Iand for its operation thereon, except water from wells of lessor.
<br /> W{►en requested by lessor, Iessee shaii bu►y his pipe lines below plow depth.
<br /> No well shalL be drilled nearer t1�an 20o feet to the house or barn now on said premises, without the written consent of the lessor.
<br /> Lessee shall pay f or damages causec� by its operation to growing crops on saic� lancl.
<br /> Lessee shall have the right at any time to remove all mach,inery and fixtures placed on said premises, including the rigF�t to draw and remooe easing.
<br /> IF the Iessee shall commence to drill a well within tl�e term of this Iease or any e xtension thereof, the lessee shall have the right to drill such well to completion with
<br /> reasonable cliligence and dispatch, and if oiI or gas, or either of them, be found in paying quantities, tliis lease sliall continue and be in force with the lilze effect as if
<br /> such well had been completed within the term of years herein first mentioned.
<br /> If the estate of either party I�ereto is assigned, and the privilege of assigning in whole or in part is expressly allowed, the covenants hereof shall extend to their
<br /> heirs, executors, administrators, successors or assigns, but no change in the ownership of the Iand or assignment of rentals or royalties shall be binding on the Iessee until
<br /> after tlie lessee has been furnished witTi a written transfer or assignment or a true copy thereof; and it is hereby agreed in tlie event this Iease shall be dssignecl as to a
<br /> part or as to parts of the above describec� lands and the assignee or assignees of such part or parts shall fail or make clefault in the payment of flie proportionate part of
<br /> the rents due f rom him or them on an acreage basis, such def ault shall not operate to de f eat or af f ect this lease in so f ar as it covers a part or parts o f said lands upon
<br /> which the said lessee or any assignee thereof sliall malze due payments of said rentals.. If the Leased premises are now or hereafter ownecl in severalty or in separate tracts,
<br /> the premises, nevertheless, mny be deneloped and operated as an entirety, and the royalties sl�nll be paid to each separate owr�er in the proportion that the acreage owned
<br /> by him bears to the entire leasecl area. There shall be no obligation on th.e part of tl�e Iessee to of fset wells on separate tracts into which the Iand covered by tl�is lease
<br /> may hereaf ter be divided by sale, devise, or otherwise, or to f urnish separate measuring or receiving tanks f or the oil produced f rom such separate tracts.
<br /> Lessor hereby warrants and agrees to deJend the title to the lands Tierein described, and agrees tFiat the lessee shall have the rigl�t 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 the rights of the holder
<br /> thereo�.
<br /> ----------------------�---------------------.._......Re in�er---J._Har�ens---------------------------(SEAL)
<br /> Signed, sealed and deliverecl in presence of ------------------------------------------------------�mma.--Hargens-----.......--.----...-----------...---.(SEAL)
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