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<br /> B -I- OIL AND GA LEA E
<br /> s s
<br /> For� 88�(Producers) (NEBRASKA)
<br /> 21282—The Augustine Co., County Suppliea, Grand Ixland, Nebr.
<br /> �pM THE STATE OF NEBRASKA
<br /> ss.
<br /> Herman Run�e, sin�le �all County.
<br /> I liereby certify that this instrument was entered on Numerical Index, anc� f%Ied
<br /> for record this 6 ctay of ldiug�,xgt', 1q�2 ,
<br /> TO at 1 :�j0 o'clock p, M. ,
<br /> Register of Dee�I .
<br /> Jo� Wr3.�ht Deput,,.
<br /> �,,:� Fees. � 2. 15
<br /> Commence
<br /> AGREEMENT, Made and entered into this a.� day o� June , t9 �1. , by and between
<br /> Herman Runge ( Sing1 e) - - — — — — — — — — — — — — Party of the first part, I�ereinafter called lessor(whether one or more)and
<br /> JOe Wright — — — — — — — — — — — — — — — — — — — — — — — — — part �T of the seconr�part, hereinafter called lessee,
<br /> WITNESSETH, That the saic�lessor, for anc�in consicleration of ___one __________ DOLLARS,
<br /> cash in hand paid, receipt of wliicli 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 Iet and by tTiese presents does grant, demise, Iease and Iet unto saicl lessee,f or tlie sole ancl only purpose o f mining and operating
<br /> f or oiI ancl gas, an�I Iaying pipe Iines, nncl builcling tanlzs, power stations and structures tl�ereon to produce,save and talze care o f said products,all that certain tract o f land
<br /> situated in the County of Hall State of NEBRASKA described as follows, to-wit:
<br /> South Half of South East Quarter, Bec'Gion 13;
<br />�
<br /> of Section Township �2 N Range 11 W and containing S'Q acres, more or less.
<br /> It is agreecl that this lease shall remain in fu�i force for a term of ten years from this date, and as Iong thereafter as oil or gas, or
<br /> eitTier o f them, is produced f rom said Iand by tTie lessee.
<br /> In consideration of the premises the said lessee covenants and agrees:
<br /> tst. To deliver to the credit of lessor, free of cost, in the pipe line to which he may connect his wells, the equal one-eightli ('�k) part of alI oiI producecl and saved
<br />, f rom the leased premises.
<br /> � 2nd. To pay lessor f or gas f rom eacT�well where gas only is f ound the equal one-eighth (%s) of the gross proceecls at the prevailing marizet rate, f or aIl gas used off
<br /> ` fhe premises, saicl payments to be macle mon thl y
<br /> � and lessor to have gas free of cost from any sucT�well for all stoves and all inside Iights in the principal dwelling house on said land during the same time by malzing his
<br /> own connections with the well at �is own rislz and expense.
<br /> 3rd. To pay lessor for gas producec� from any oil well and used off the premtses or in the manufacture of gasoline or any otl�er procluct a royalty of one-eighth
<br /> (1/s) of the marizet value, at the mouth of the well, payable montlily at the prevailing marizet price.
<br /> � If no well be commenced on said land on or before the ZSt'i day of Mareh , i9 1.�.1� , this lease shall
<br /> � terminate as to botli parties, unless the lessee on or before that date shall pay or tencler to the lessor,or to tl�e lessor's creclit in The Stc�tE Bank Of Cairo
<br /> Cc� Banlz at Ca i r o N eb r. or its successors, whicl� shall continue
<br /> as the depository regardless of changes in the ownership of said Iand, tlie sum of ��.�JO _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ �OLLARS,
<br /> wTiich shall operate as a rental and cover the priuilege of deferring the commencement of a well for ].2 months from said date. In Iike manner and
<br /> upon like payments or tenders the commencement of a well may be further deferred for Iike periods of t�e same number of months successively. All such payments or
<br /> tenclers of rentals may be made by cTieclz or draft of Iessee or any assignee thereof, mailed or delivered on or before tlie rental paying date, either clirect to lessor or assigns
<br /> or to said depository bank. And it is understood and agreed that the consideration f irst recitec� lierein, tlie down payment, covers not only tTie privileges granted to the
<br /> � y�ate when said first rental is payable as aforesaic�, but also the lessee's option of extending that period as aforesaicl, and any and aII other rights eonferrecl.
<br /> Should the f irst well drillecl on the above described Iand be a dry hole, t�en,and in that event,if a seconcl well is not commenced on said land within tcuelve months
<br /> from the expiration of the last rental period for whicli rental has been paid, tliis lease shall terminate as to botli parties, unless the lessee on or before the expiration of
<br /> said twelve months shall resume ihe payment of rentals in the same amount and in the same manner as liereinbefore provided. And it is agreed that upon the resump-
<br /> tion of the payment of rentals, as above provided, tliat the Iast precec�ing paragrapTi 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 /> (�- I f said Iessor owns a less interest in tlie above described land than tTie entire and unc�ivided f ee simple estate therein, then the royalties and rentals herein provided
<br /> v shall be pcxid the lessor only in the proportion wliich 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 Iand for its operation thereon, except water from weTls of Iessor.
<br /> When requested by Iessor, lessee shall bury his pipe lines below plow depth.
<br /> 1Vo well shall be drilled nearer than 20o feet to the house or barn now on said premises, with,out the written consent of the lessor.
<br /> Lessee shall pay f or clamages eausecl by its operation to growing erops on saic� lanc�.
<br /> Lessee shall have the right at any time to remove all machinery anc�fixtures placed on said premises, including the right to draw and remoue casing.
<br /> I f tlie lessee shall commence to drill a well within the term of this lease or any e xtension thereof, the lessee shall have the right to drill such well to completion with
<br /> reasonable diligence and dispatch, and if oil or gas, or either of them, be found in paying quantities, this Iease shall continue ancd be in force with tFie like effect as if
<br /> such well had been completed within the term o f years Tierein f irst mentioned.
<br /> If the estate of either party hereto is assigned, and the privilege of assigning in whole or in part is expressly allowed, the covenants hereof sliall extend to tl�eir
<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 /> af ter the lessee lias been f urnislied witli a written trans f er or assignment or a true copy thereo f; and it is jiereby agreed in t�ie event this lease shall be assigned as to a
<br /> part or as to parts of the nbove described lands and tlie assignee or assignees of such part or parts shall fail or malze default in the payment of fTie proportionate part of
<br /> the rents c�ue from him or them on an acreage basis, such default shall not operate to defeat or affect this lease in so far as it covers a part or parts of said lands upon
<br /> which the saic� lessee or any assignee thereof shall make due payments of said rentals. If the leased premises are now or hereafter owned in severalty or in separate tracts,
<br /> the premises. nei�ertheless, mny be developecl and operated as an entirety, and tTie royalties shall be paid to each separate owr�er in the proportion that the acreage owned
<br /> by him bears to the entire leased area. There shall be no obligation on the part of the lessee to of fset wells on separate tracts into whicl� the land covered by this lease
<br /> may hereaf ter be divided by sale, devise, or otherwise, or to f urnish separate measuring or receiving tanks f or tlie oiI produced f rom such separate tracts.
<br /> Lessor hereby warrants and agrees to defend the title to tlie lands herein describecl, anc�agrees that the lessee shall have the 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 subrogatecl to the riglits of the holder
<br /> thereof.
<br /> ----------------�-----------------------------------�---�-----------�-H erman---Run�e---�----�--------....._(sEAL)
<br /> Signed, sealed and delivered in presence of ---------------------------------------------------------�-------�-�----------....------------------....----.._..-------------------(SEAL�
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<br /> ------�-------�---------------------------G._C,,Raven-----------------------------------�------------------...--------- -�---�-----...........----------------......---------------------�--------------------------------------------------------------._..(SEAL)
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