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<br /> B -I- OIL AND GAS LEASE �
<br /> Form 88.-�(Producers) (NEBRASKA) � ,
<br /> 21282—The Auguetine Co., County Supplies, Grand Island, Nebr.
<br /> �pM THE STATE OF NEBRASKA
<br /> ss.
<br />� Anna 0'Fiollarf�zi vridav� HaI.1 County.
<br /> 1 Tiereby certif y thnt this instrument was entered on Numerical Index, and f iled
<br /> for recorcl this . 6 clay of �1U USt 194��' �
<br /> TO at 1 :j 0 0'�lo�k P.M. "
<br /> Register of Dee .
<br /> Jot3 Wr'i�ht Deputy.
<br /> �� :Z5Fees; $ �
<br /> x��
<br /> �.'ommence
<br /> AGREBMENT, Made and entered into tl�is �_6�',Y:t c�ay oF January , iq�� , by and between
<br />� Anna 0 'Ho7.Iar�n a widow
<br />�',
<br /> Party of tlie first part,hereinafter called lessor(whether one or more)and
<br /> Jae Wright part y of the second part, hereinafter called lessee,
<br /> WITNESSETH, T�at the saicl lessor, for ancl in consicleration of — one — DOLLARS,
<br /> casli in hancl paid, receipt of which is hereby aclznowledged, and of the covenants and agreements liereinafter contained on the part of lessee to be paid, Izept, anc� per-
<br /> f ormec�, has granted, demisecl, Ieased and let and by these presents does grant, clemise, lease and let unto said lessee,f or tl�e sole and only purpose o f mining and operating
<br /> f or oiI ancl gas, ancl Iaying pipe lines, and building tanks, power stations and structures thereon to prod'uce,sa�e and talze care o f said products, aII that certain tract o f Iand
<br /> situated in the County of HA11- State of NEBRASKA clescribed as follows, to-wit:
<br /> TYi� North �'eot G�uarter oP Sec.15
<br /> �
<br /> �\
<br /> of Section Towns�iip �.�? � Range I I V� and containing 1.�C} acres, more or Iess. �
<br /> lt is agreed that tliis lease shall remain in f ull f orce f or a term of t e n years f rom t�is date, and as long thereaf ter as oil or gas, or �
<br /> either of fhem, is produced from said land by the Iessee. �
<br /> In consideration of tlie premises the said lessee covenants and agrees:
<br /> ist. To deliver to tlie credit of lessor, free of cost, in tlie pipe line to which he may connect his wells, the equal one-eightlt ('�) part of all oiI produced and saved
<br /> f rom the leased premises.
<br /> 2nd. To pay lessor for gas from each well wTiere gas only is found the equal one-eighth (%s) of tl�e gross proceecls at the prevailing market rate, for aIl gas used of f -
<br /> t�e premises, said payments to be made monthly
<br /> and lessor to have as f ree o cost rom an such well or all stoves and aIl inside lights in the rinci al c�wellin �ouse on said land durin tTie same time b maFzin his �O
<br /> 9 f f Y f P P 9 9 Y 9 �
<br /> own connections with the well at his own risk and expense.
<br /> 3rd. To pay lessor for gas producecl from any oil well and used off the premises or in the manufacture of gasoline or any other procluct a royalty of one-eiglith �.
<br /> (�) of tTie market value, at the mouth of the well, payable montTily at tl�e prevailing market price. �.
<br /> I f no well be commenced on said land on or be f ore the 1.S t day o f blar ch , tq � , tTiis Iease shall
<br /> terminate as to both parties, unless the lessee on or before that date shall pay or tender to the Iessor,or to the lessor's credit in The $tBt6 Bank Of Cairo
<br /> Bank at �%�i j.I'O y N P,�r'. or its successors, wht�h ghaIl continue
<br /> as the depository regardless of changes in tTie ownership of said land, the sum of �p�i0.�U DOLLARS,
<br /> months rom said date. In lilze manner ancl �
<br /> which shall operate as a rental and cover the privilege o f clef erring the commencement o f a well f or ],i•? { �
<br /> upon like payments or tenders the commencement o f a well may be f urther def erred f or lilze periods o f the same number o f months successively. All such payments or
<br /> tenders of rentals may be made by check or draft of lessee or any assignee thereof, mai�ed or delivered on or before the rental paying date, either direct to lessor or assigns
<br /> or to said depository banlz. And it is understood and agreed that the consideration f irst recited herein, the down payment, covers not only the privileges granted to the
<br /> oCate when said first rental is payable as aforesaid, but also the Iessee's option of extending that period as aforesaid, and any and aII other rights conferred. +
<br /> Should the first well drilled on the above described land be a dry hole, 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 which rental lias been paid, this lease shall terminate as to both parties, unless the lessee on or before the expiration of O
<br /> saic� twelve months shall resume the payment of rentals in the same amount and in tl�e same manner as �.ereinbefore provic�ecl. And it is agreed that upon the resump-
<br /> tion of the payment of rentals, as above provided, that the last preceding paragraph hereof, governing the payment of rentals and the effect thereof, shall continue in �
<br /> f orce just as tliougli there Itacl been no interruption in t�ie rental payments. �
<br /> I f saicl lessor owns a Iess interest in the above cleseribecl land than the entire and unc�iviclecl f ee simple estate therein, then the royalties ancl rentals herein provided �
<br /> shall be puid tlie 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 land for its operation thereon, except water from wells of lessor.
<br /> When requested by lessor, lessee shall bury his pipe lines below plow dept�i.
<br /> No well shall be drilled nearer thnn 20o feet to tlie house or barn now on said premises, without the written consent of tTie lessor.
<br /> I.essee shall pay f or c�amages eausec� by its operation to growing crops on saicl lancl.
<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 easing. �v
<br /> If the lessee shall commence to drill a well within the term of this lease or any extension thereof, the lessee shall have the right 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, tl�is Iease s1�all continue and be in force with the like ef fect as if ��
<br /> such well hacl been completed within the term of years �erein first mentionec�.
<br /> If the estate of eit�er party liereto 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 land or assignment of rentals or royalties shall be binding on the lessee until �
<br /> after the lessee has been furnisl�ed witl� a written transfer or assignment or a true copy thereof; and it is hereby agreed in the event this lease shall be assigned as to a �
<br /> part or as to parts of the above described lands a..�d the assignee or assignees of such part or parts s�all fail or make default in the payment of the proportionate part of
<br /> the rents due f rom him or them on an acreage basis, such de f ault shall not opernte to de f eat or af f ect this Iease in so f ar as it covers a part or parts o f said lands upon
<br /> which tl�e saicl lessee or any assignee thereof sTiall malze due payments of said rentals. If th,e leased premises are now or hereafter owned in severalty or in separate tracts,
<br /> the premises, nec�ertheless> mny be der�eloped and operated as an entirety, and the royalties sliall be paid to eacTi separate owner in the proportion that the acreage owned
<br /> by Tiim bears to tl�e entire, leased area. There sl�all be no obligation on tlie part of tlie lessee to of fset wells on separate tracts into which the land covered by tliis Iease
<br /> may hereaf ter be divided by sale, devise, or otherwise, or to f urnish separate measuring or receiving tanks f or tFte oil produced f rom such separate tracts.
<br /> Lessor hereby warrants and agrees to de f end the title to the Iands herein described, and agrees that the Iessee shall have the right at any time to redeem f or lessor by
<br /> payment, any mortgages, taxes or otl�er liens on the above described lands, in the event of default of payment by lessor, and be subrogated to tl�e rights of tl�e l�older
<br /> thereo f.
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<br /> Signed, sealed and deliverec�in presence of .-------��------------------------------------------------------------------------------------------------------------�-------------(SEAL)
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<br /> �1 .P.L�ur it�eri ...........................(SEAL)
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