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<br /> B -� OIL AND GAS LEASE �
<br /> Form 88.-�(Producers) (NEBRASKA) ''`'"�
<br /> 21282—The Augustine Co., County 8uppliea, Grand Island, Nebr.
<br /> �pM THE STATE OF NEBRASKA
<br /> ss.
<br /> Herman Vos s, a in�;le H�7.1 County,
<br /> 1 hereby certif y_that this instrument was entered on Numerical Index, and f iled
<br /> for record this 6 day of U�UB t'i ig �'� >
<br /> TO at 1. ;�� o'cloclz P. M. � �--�-�-�'��' -
<br /> Register of l9eeds.
<br /> er O P, �r''.�.�tl t Deputy.
<br />, Fees, $ C^:15
<br /> Commence
<br /> AGREEMENT, Made and entered into this j� day of A�ril , ig �.}� , by and between '
<br /> FiP2�an Voas a .gingle n�n
<br /> Party of the first part, hereinafter called lessor(w�etl�er one or more)and
<br /> c70 E.' Wri�h t Party of the second part, hereinaf ter called lessee,
<br /> WITNESSFTH, Tliat tlie saicl Iessor, for anc� in consic�eration of - one - DOLLARS,
<br /> cash in hand paid, receipt of whicl� is hereby aclznowledged, and of tlie covenants and agreements l�ereinafter containecl on tl�e part of Iessee to be paid, Izept, and per-
<br /> f ormec�, 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, ancl Iaying pipe lines, and building tanks, power stations and structures thereon to produce,save and take care of said products,all that certain tract of land
<br /> situatecl in the County of ���I-�- State of NEBRASKA c�eseribed as follows, to-wit:
<br /> �'est Ha1P or s�utr� VUPSt (�1,11AI�ter,5e�ction 23;
<br /> of Section TownsTiip 12 N Range �.�. {� and containing $�Q acres, more or Tess.
<br /> It is agreed that this lease shall remain in f ull f orce f or a term o f t�21 years f rom this date, and as long thereaf ter as oil or gas, or
<br /> either of them, is produced from said land by the Iessee.
<br /> In consideration of the premises tlie said lessee covenants anc� agrees:
<br /> tst. To deliver to the credit of lessor, free of cost, in the pipe Iine to which he may connect his wells, the equal one-ergl�t� ('�) part of all oil produced and saved
<br /> f rom the leasec�premises.
<br /> 2nd. To pay lessor for gas from each well where gas only is found t�e equal one-eighth (�/s) o{ the gross proceeds at the prevailing marizet rate, for aIl gas used of f �
<br /> the premises, said payments to be tnacle r�onthly
<br /> and Iessor to have gas f ree o f cost f rom any such well f or 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 Fiis own risk and expense.
<br /> 3rc�. �I'o pay lessor for gas produced from any oil well anc� usecl off the premises or in the manufacture of gasoline or any other procluct a royalty of one-eighth
<br /> (3�) of the market value, at t�ie mouth o f the well, payable monthly at the prevailing marizet price.
<br /> If no well be commenced on said land on or before the Z.At clay of �1�,x'Crl . t9 �.2,,. , this lease shall
<br /> terminate as to both parties, unless the Iessee on or before tl�at date shall pay or tender to tl�e lessor,or to the lessor's creclit in Tlie �tgr,g Bank of Cairo
<br /> Banlz at CQiro,Nebr or its successors, wI�icli shall continue
<br /> as the depository regardless of changes in the owne:ship of said land, the sum of ,��()�(J� DOLLARS,
<br /> wl�ich shall operate as a rental and cover the privilege o f def erring the commencement o f a well f or �.i� months f rom said clate. In like manner and
<br /> upon like payments or tenders the commencement of a well may be further deferred for like periocls of the same number of months successively. AlI such payments or
<br /> tenders of rentals may 6e made by c1�eclz or draft of Iessee or any assignee thereof, mailec� or deliverecl on or before the rental paying clate, either direct to lessor or assigns
<br /> or to said depository bank. And it is understood and agreed that the consideration f irst recitecl herein, the down payment, covers not only the privileges granted to the
<br /> clate when said first rental is payable as aforesaid, but also the lessee's option of extending that period as aforesaid, and any and all other rights conferred.
<br /> Should the (irst 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 has been paid, this lease shall terminate as to both parties, unless the lessee on or before the expiration of
<br /> saicl twelve months shall resume the payment o f rentals in the same amount and in the same manner as hereinbef ore provided. And it is agreed that upon the resump-
<br /> tion of the payment of rentals, as above provided, tl�at the last preceding paragraph hereof, governing tlie payment of rentals and the effect thereof, shall continue in
<br /> f orce just as though there had been no interruption in the rental payments.
<br /> If said lessor owns a Iess interest in the above described land tTian the entire and undivided fee simple estate therein, then the royalties and rentals herein provided
<br /> shall be paid the lessor only in tlie proportion which Iiis interest bears to the whole and undivided f ee.
<br /> Lessee shall have the righ,t to use, f ree of cost, gas, oil, and water produced on said Iand f or its operation thereon, except water f rom wells of lessor.
<br /> Wlien requested by lessor, lessee shall bury his pipe lines below plow depth.
<br /> 1Vo well shall be drillec� nearer than 20o feet to the Tiouse or barn now on sai�premises, without the written consent of th,e lessor.
<br /> Lessee shall pay for clamages causecl by its operation to growing crops on saicl Iand.
<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 Iessee sliall 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 founcI in paying quantities, this lease shall continue and be in force with the lilze effect as if
<br /> such well hacl been completecl within the term of years herein first mentioned.
<br /> jf t�ie estate of eifher party hereto is assic�nett, ancl the prinilege of assigning in whole or in part is expressly allowetl, the eovenants hereof shall extencl to tJieir
<br /> heirs, executors, acCministrators, successors or assigns, but no change in the ownersliip of the land or assignment of rentals or royalties sl�all be binding on tlie lessee until
<br /> after the lessee has been furnished with a written transfer or assignment or a true eopy thereof; ancl it is hereby agreecl in the event th.is lease sliall be assigned as to a
<br /> part or as to parts of the above described lands and the assignee or assignees of sucTi part or parts shall fail or malze default in the payment of tTie proportionate part of
<br /> the renfs due f rom him or tTiem on an acreage basis, such def ault s1�all 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 saicl Iancls upon
<br /> whicl� the said lessee or any assignee thereof shall ma�e due pttyments of said rentals. If the leasecl premises are now or hereafter owned in severalty or in separate tracts,
<br /> tl�e premises. nenert�eless, mny be deneloped and operated as an entirety, and the royalties shall be paid to each separate owrier in the proportion that the acreage owned
<br /> by him bears to th,e entire, leasecl area. TTiere shall be no obligation on the part o f the lessee to o{f set wells on separate tracts into which the land covered Tiy tliis lease
<br /> may liereaf ter be divided by sale, devise, or otherwise, or to f urnish separate measuring or receiving tan�s f or the oil produced f rom such separate tracts.
<br /> Lessor hereby warrants and agrees 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 clescribec�Iancls, in the event of default of payment by lessor, and be subrogatec� to the riglits of the holder
<br /> thereo{.
<br /> H e rman---V o s�------------------------------(SEAL)
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<br /> Signed, sealed and deliverec�in presence of ( )
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