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<br /> B -I- OIL AND GAS LEASE �' � "� �
<br /> Foriu 88r-(Producers) (NEBRASKA) ,
<br /> 21282—The Augustine Co., County Bupplies, Grand Island, Nebr.
<br /> �pM THE STATE OF NBBRASKA
<br /> ss.
<br /> J�hn Naumann sin�le Hall County,
<br /> I hereby certify that t1�is instrament was enterec� on Numerical Index, ancI filed
<br /> for record this h clay of AU 8't 19 �2 •
<br /> TO at 1:30 o'cloclz p.M. ���c���dC.�—�-�-���`�-
<br /> Register oF Dee�Is.
<br /> Joe Wrl .�".,,ht Deputy.
<br /> Fees, � 2:1.�
<br /> ��
<br /> Commence
<br /> AGREEMENT, Made and entered into this First day o/ April • 19�}1 . by and between
<br /> John Naumann ( �in�;Ie)
<br /> Party o f tlie f irst part,hereinaf ter called Iessor(whether one or more)an�
<br /> J08 ��right Part�' o}'tl�e se.cond part, hereinafter called Iessee,
<br /> WITNESSETH, Tliat the saicl lessor, for anc�in eonsic�eration oJ -- one — DOLLARS.
<br /> cash in hand paid, receipt of wTitch is hereby acknowledged, and of tlie covenants and agreements hereinafter contained on the part of lessee to be paid, kept, and per- �
<br /> f ormed> has granted, demised, Ieased and let and by these presents does grant, demise, lease and let unto said lessee,f or the sole and only purpose o f mining and operating �
<br /> for oiI anc�gas, ancl Iaying pipe Iines, and building tanks, power stations and structures thereon to produce,save and take care of said products,all that certain tract of Iand �
<br /> situatecl in the County of r�$1-�. State of N$BRASKA c�escribed as follows, to-wit: �
<br /> Th�; east ti�If and aouth v��PSt qu�.rter of tihf� soutti vJPSt quar�er oP Section 15. �"
<br /> Sout�i V'��st �' & N.�1. �' of. �.E. quarter o�' Sec I�j,
<br /> of Section Township 1-? P1 Range 1_�. w and containing �n� acres, more or Iess.
<br /> It is agreed that this lease shall remain in fuii {orce for a term of �E;Il years from this date, and as Iong thereafter as oil or gas, or •
<br /> eitlier o f tl�em, is producecl f rom said Iand by the lessee.
<br /> In consideration of the premises the said lessee covenants and agrees:
<br /> ist. To deliver to the credit of lessor, free of cost, in the pipe line to which he may connect l�is wells, the equal one-eighth ('i's) part of all oil procducecd and saved �
<br />�I f rom the leased premises.
<br /> 2ncl. To pay Iessor for gas from each well where gas only is found tl�e equal one-eighth (�/s) of the gross proceeds at the prevailing marizet rate, for all gas used off �
<br /> the premises, said payments to be made manthTy
<br /> anc�lessor to l�ave gas f ree o f cost f rom any such well f or all stoves and all,inside lights in tlie principal dwelling house on satd land during the same time by making his
<br /> own connections with the well at his own risk and expense. '
<br /> grd. To pay lessor for gas produced from any oil well and used off tl�e premises or in tT�e manufacture of gasoline or any otlier proc�uct a royalty of one-eighth
<br /> (�s) of the marizet value, at the mouth of the well, payable monthly at the prevailing market price. ��
<br /> If no well be commenced on said land on or before the �.et day of blareh , i9 1.}.1.�. , this lease shall
<br /> terminate as to botl� part2es, unless the Iessee on or before that date sliall pay or tender to tlie Iessor,or to the lessor's credit in The sta,t8 Bank O�' Cairo ,
<br /> Banlz at �airo,Nebr or its successors, w6ich shaIl continue
<br /> as the cleposifory regardless of changes in the orunership of said land, the sum of �p�.�d.QU DOLLARS, �
<br /> which sl�all operate as a rental and cover the privilege o f def erring the commencement of a well f or 1.�, months f rom said clate. In lilze manner and �
<br /> upon like payments or tenclers the commencement of a well may be further deferred for Iike periods of t�e same number of months successively. AII such payments or �
<br /> tenders of rentals may 6e 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 Iessor or assigns
<br /> or to saicl clepository bank. And it is understoocl anc� agreecl tFtat tFee eonsideration f irst recited herein, the down payment, eovers not only fhe privileges granted to the � „
<br /> clate when said first rental is payable as aforesaicl, but also the Iessee's option of extending that period as aforesaid, and any and alI other rights conferred.
<br /> Should the (irst well drilled on the above clescribed Iand be a dry Iiole, tTien, and in tliat event, if a seconcZ well is not commenced on said land within twelve months
<br /> from tlie expiration of the Iast rental period for which rental Tias been paid, this lease shall terminate as to both parties, unless the lessee on or before the expiration of
<br /> said twelve months shall resume the payment of rentals in the same amount and in the same manner as l�ereinbefore provided. And it is agreed that upon t�e resump-
<br /> tion of tlie 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 /> force just as though there had been no interruption in the rental payments. �
<br /> 1 f said lessor owns a less interest in the above described land than the entire and undivided f ee simple estate therein, then the royalties and rentals herein provided �
<br /> shall be p<xid tlie lessor only in the proportion which his interest bears to the whole and undivided f ee.
<br /> Lessee shall have the right to use, f ree of cost, gas, oil, and water produced on said land f or its operation thereon, except water f rom wells of lessor. �
<br /> When requested by lessor, lessee sTiall bury his pipe Iines below plow depth. �
<br /> 1Vo well shall be clrillecl nearer thnn 20o feet to tlie house or barn now on saicl premises, without the written consent of tFie lessor. �
<br /> Lessee shall pay f or clamages causec� by its operation to growing crops on said Iancl.
<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 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 d`iligence and dispatch, and if oiI or gas, or either of them, be founcl in paying quantities, this Iease sliall continue and be in force with the IiTze effect as if
<br /> such well had been completed within the term of years lierein first mentioned.
<br /> If the estate of either party hereto is assigned, and the privilege of assigning in whole or in part is expressly allocued, tlie covenants l�ereof shall extend to their
<br /> heirs, executors, aclministrators, successors or assigns, but no change in the ownersl�ip of the land or assignment of rentals or royalties shall be binding on the lessee until
<br /> af ter the Iesses has been f urnished with a written trans f er or assignment or a true copy thereo f; and it.is hereby agreed in the event this lease shall be assigned as to a
<br /> part or as to parts of t{te above c�escribec� lanc�s and the assignee or assignees of sucjt part or parts s�iall fail or make default in t�ie payment of tlie proportionate part of
<br /> the rents due f rom him or them on an acreage basis, sucTi de f ault shall not operate to de f eat or af f ect thfs lease in so f ar as it covers a part or parts o f said lands upon
<br /> w�iieh the saicr lessee or any assignee fhereof s�all maTze clue payments of said rentals. If the leased premises are now or �ereafter ownec� in severalty or in separate traets,
<br /> tlie premises, nei�ertheless, may be deneloped and operated as an entirety, and the royalties sliall be pai�' to each separate owner in the proportion tTiat tlie acreage ownecl
<br /> by him bears to the entire leased area. There shall be no obligation on the part of the Iessee to offset wells on separate tracts into whicli the land covered by this Iease
<br /> may hereaf ter be diuided by sale, devise, or otl�erwise, or to f urnish separate measuring or receiving tanks f or the oil produced f rom such separate tracts.
<br /> Lessor hereby warrants and aflrees to defend the title to the lands herein described, ancl agrees that the lessee shall have the right at any time to redeem for lessor by
<br /> payment, any mortgages, taxes or otl�er liens on the above described lands, in th.e event of clefault of payment by lessor, and b6 subrogated to the rights of th,e �older
<br /> thereo f.
<br /> John Naumann
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<br /> Signed. sealed and delivered in presence o{ --------------------------------------------�--------....._.................................---�----�-------------------------------(SEAL)
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