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A <br /> vZ �.3 <br />' � B - OIL AND GAS LEASE <br /> Form 88--•(Producers) (NEBRASKA) <br /> 21282—The Augusttne Co., County Supplies, Grand Island, Nebr. '�'� <br /> FROM THE STATE OF NEBRASKA <br /> ss. <br /> Mary L. McBride , et al Hall County, <br /> 1 Fiereby certify t�at this instrument was entered on Numerical Index, and filed <br /> f or record this 15 day of Maq �a i��jj . <br /> TO at 11;00 0'olook 'A.M. �� �/ <br />' Register of Deeds. <br /> C�uy J. Cope Deputy. <br /> �� Fees, $ 4,90 <br />' �.'ommence <br />, AGRE�MENT, Made and entered into this 13th day of JL1].y . ig 5�. , by and between Alida MeBride <br /> Estate, Ma.ry L. McBride, single; Anna Biben and Paul Biben, wife and husband; and Bert McBride and Gladps McBride, <br /> hust�atid and wife, Ma.ry Conroy, single, and Leo Conroy Administrator of the estate of Alida McBride, deceased. <br /> Party o f the f irst part,hereinaf ter called lessor(whether one or more)and <br /> GLl3► J. Cope Part y of the second part, hereinafter called lessee, <br /> WITNBSSETH, T�at t�e saic�lessor, for anc� in eonsicleration of �32.�0 DOLLARS. <br /> cash in hand paid, receipt of whicTi is hereby acknowledged, and of the covenants and agreements Tiereinafter contained on the part of lessee to be paid, Tzept, and per- <br /> f ormed, has granted, demised, leased and Iet and by these presents does grant, demise,lease and let unto said lessee,f or the sole and only purpose o f mining ancl operating <br /> for oiI ancl gas, anc� Iaying pipe lines, and building tanlzs, power stations and structures thereon to produce,save ancl take care of said products,aIl that certain tract of land <br /> situated in the County of Hall State of NEBRASKA clescribed as follows, to-wit: <br /> - West Half of Section 30, Twp. 9 Nort�t Range 11 West. <br /> � <br /> of Section Township Range and containing 320 acres, more or Iess. <br /> It is agreecl that this Iease sl�all remain in fuii force for a term of five years from this date, and as Tong thereafter as oil or gas, or <br /> either of tliem, is proclucecl from saict Iand by the Iessee. <br /> In consicleration 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 whicTi he may connect his wells, the equal one-eightlt ('�) part of all oiI produced and saved <br /> f rom tlie Ieased premises. <br /> 2ncl. To pay Iessor for gas from each well where gas only is found the equal one-eightF� (%s) of the gross proceecls at the prevailing marizet rate, for aIl gas used off <br /> the premises, said payments to be made Monthlq <br /> and lessor to have gas free of cost from any sucTi well for all stoves and all inside lights in tT�e principal dwelling liouse on said land during the same time by making his <br /> own connections with the well at his own risk and e�rpense. f�Z, CSSlrig—head <br /> at„the 3r� eval'1`inessomarket ra e f orr t�te �Lase�usedus foTf the rtime ��urine �whicht such9�as g'shall be�used�l�a�d�a��en�s��to S <br /> I be ��e I�n�o�wte�-be c�ommenced on said land on or bef�ore the � j ZSt day of ' AUgUSt � . tg rj2 ,�tjt�ease sliall <br /> terminate as to both parties, unless the Iessee on or before that date sliall pay or tencler to the Iessor,or to tlie lessor's credit in Tlie <br /> Commercial National Bank at Grand Island, Nebr. or �ts su��essorg, w6�o6 ghaIl continue <br /> as the depository regardless of changes in the ownership of said land, the sum of �1(�.0� DOLLARS, <br /> whiclt shall operate as a rental and cover the privilege oF def erring the commencement of a well f or 12 months f rom said date. In like manner and <br /> upon like payments or tenc�ers t�ie commencement of a well may be further c�eferre� for like perincls �3't�ie same number oF mont�is successively. <br /> . ' _ _ . i .' ' ' ' _ . .�. � < • - ' � ,., , _ _ .� ,. . � <br /> ` ' .�. And it is understood and agreed that the consideration f irst recited herein, the clown payment, covers not only the privileges granted to the <br /> date when said first rental is payable as aforesaid, but also the lessee's option of extending that period as aforesaid, and any and aII other rights conferred. <br /> Should the first well clrilled 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 /> f rom the expiration o f the last rental period f or wTiich rental has been paid, this lease shall terminate as to both parties, unless the lessee on or bef ore the�expiration of <br /> said 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, that tTie Iast prececling paragraph hereof, governing the payment of rentals and the ef fect thereof, shall continue in <br /> force just as thougT� 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 lterein provided <br /> � shall be paicl the lessor only in tl�e proportion whicli 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, exaept water from wells of lessor. <br /> When requested by lessor, lessee shall bury Tiis pipe lines below plow depth. <br /> � No well shall be drilled nearer than 20o f eet to the {iouse or barn now on said premises, without tlie written consent of the lessor. <br /> Lessee sAnII pay f or clamages caused by its operation to growing crops on saic� lanc�. <br /> Lessee shall' have the right at any time to remove aIl machinery and fixtures placed on said premises, including t�ie right to draw and remove casing. <br /> If the lessee sl�all commence to drill a well within the term of this lease or any extension thereof, the lessee shall haue 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, this lease shall continue and be in force with the Iilze ef fect as if <br /> ' sueh well Tiacl been eompletec� within the term of years herein first mentionec�. <br /> If the estate of either party hereto is assigned, ancl the privilege of assigning in whole or in part is expressly aIloL�ed, the covenants hereof sl�all extend to their <br /> Tieirs, executors, administrators, successors or assigns, but no change in the ownersliip o}' tl�e Iand or assignment of rentals or royalties shall be binding on the lessee until <br /> after the lessee has been furnished with a written transfer or assignment or a true copy thereof; anc� it is hereby agreed in the event this lease shall be assigned as to a <br /> part or as to parts of t�e above described lands ancl the assignee or assignees of such part or parts shall fail or make c�efault in the payment of the proportionate part of <br /> the rents c�ue from him or them :. : . ' ..,:, such default shall not operate to c�efeat or af{ect this lease in so far as it covers a part or parts of said lands upon <br /> . <br /> which the said Tessee or any assignee thereof shall make due payments of said rentals. 3f ' " ' ' ' ' '' <br /> .. . . _ . T . � ... .... .._._ .. .,. ,.. . .�;c? _.. . _, „ ..- ,t . � . . . . , .. . _..,r . �, � . .. .. �._. . <br /> !-� � . � . . . . . .. . ' . .. , _. .. �� " ... . ' . . . � � ...,.. . <br /> _ . -. . . . � . . .. T .� . ... . . , , ,.._.. . .f.. .rrq�. . . ., , . , i.,. ,�. � � � � �� . . , . . _. . <br /> Lessor hereby warrants and agrees to defend the title to the Iands�herein described, and 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 subrogated to the rights of the holder <br /> thereo{. <br /> ----------------------------------M�,.�!--L----��B��.de.........__...-----...._.........-------------..._........(SEAL) <br /> Signed, sealed and delivered in presence o{ .. .. .............Anna Biben ( � <br /> -----------�---------------------------------------------------------------------------SEAL <br /> ----------------------------------PauJ.__Bih�n-------------------------------....._..._..------------........--------(SEAL) <br /> ----------------------------------------------------------------------------------------�---�------------------------------�----�---------- <br /> -----�----------------�----------.Bert..McBride-----------------------------.._._..-------------------...-------(SEAL) <br /> -------------------------------------------------�---------------------------------------------------------�-�-----....._.........--------- <br /> .................�----...---------Gladys---MCBrid e----------------....---------------------------....._..__.._(SEAL) <br /> ---------------------------�-------------------------------------------�-�-------------...----------�--------...-------._...---�-----�----- ----------------------------------1!��'Y.--CQ�TQY---------•-----------------------------------------------...--------(SBAL) <br /> --------------------------------------------------------------------------------------�-------------�----------......._.......-------�---- <br /> ..--•----�----------------------�-Leo Conroy� Adm.---�f--------------------------------�-------------(SEAL) <br /> Alida McBride Estate <br />