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HomeMy WebLinkAbout1744 j . . ' :.a. '~i•' - - ~ • , . . . • . . . 1 ' ~ ' ~ ~ • . ' , ~ ~ . ' ' • , . - . . ~ . ~ • . f . • - ~ ~ ; . . 4 • ' ' . ' ~ - . , ' r . • ' ~ , . . . . . . . ~ . . ...~..~t.... - . . ~ ~ ~ _ . . . . ' . . . . . ~ _ R . s i ` ~ ~ , ~ . . ` ~ ~ x . . ' i . t. . _ 4'- . e . . n . - ~ . - . . . - ~i ~ - ~>c , . . ~ . ~ ~ . .y _ _ ~ R- , _ - ~ ~ . ` _ . _ . ' , ~ ~ ~ . + ~ . ~ ~ ~ ~ ~ ' ~ . . . i ' . ~ _ ' . < ` . . ~ ' - . . . ~ . . . _ l . . ~ . ~ i . • i ;~f . . . ~ ,r . _ - „ r : ! ~ ~l 'S. , l ~ . t ~ . ~ ~ ' . . . ~ ~i j t } ~ . . . . ' , ~ i'= t' ~ i , j. Ti~ : Operatt e~ Compsny_ shal l. bt l l. ' OwMr for, aod. a - ~ . . ~ r_ , : . . i paY, pqnthl y; ca~aasnci ng on~ aonth frap •th~ dat~ upon Mhi ch Op~~r _ ~ ov ~ ~ ~•`co~wsoces Lo operate and aai ntai n the ct trus gt'o~ves hsrot n~bove ~ , ~~;all oosts tncu~rsd by Op~rattng Company in perfot~aii~g: tts dutia ~ . . ~ jforth abova. Satd oosts shal i include, bu~ aro ~ot i la~i ted to: , : , . . F;`; ~ at ths rate ~ of 6~. par an~ua upon su~s expended bX Operat i ~g Ca~ such rat~ of i~terost i n excess of 6~ per annum as t s.f rom t i ae . , . • ~ roqui rod to bs paid~ by Operattng Caapany for the pulpose ~of pei , . _ . . , ' ~ obligat~s under the Agreeaent; all operation, davelopo~snt, aW ~ . far~ing and other co~ts incurt~ed by Operating Ca~pany; depnci+ ~I { . . ` : ings and equiqas~t owned by Operating Caapany,and substantiail! ~ aonnection wtth ths operatton of`the la~d, and other la~ds in.~ : : _ - - and supervision expanses; a charge represanting Op~~afitng Ca~p+ ~ I i hs overhead e eses.with res ~c ; .trative, aqutpment and al ot r xpe P . i- ~ ~ - _ - . . , ~ . . ~:t ance of Operat i ng Caapa~y's dut i as as set forth ibava. t - - . - - ~ ~ . ; ' tv. : . _ ~ That Ownsr shail, for ths duration of thts Agre~ . ~ ; ~craps_ upon tha land through ~erati ng Caapany i n~acoordence v+i ~ = ~ . Ca~a~pany's sta~dard arksting agreeaent, a copY~of whieh ts att as~Exhibit 'B" and ~ada a pa~t hersof by teferencs. . ; . . . . . i , , ~ ~ ' - ~ ~ ~ ' ~ ' ~ ~ Tbst Operating Campany ioay devaiop, fa~ and ~I , . ana othsr lands ie the vicinlty as a unlt and nay adopt any r~ -f , ~ . . . ~ ` bssis for prorating eosts as between ths varJoe~s ownen of sai . _ ' , V ~ _ - , _ j ~ • Th~t Own~r haraby grants W Opet'ating Caaipany, + ~ } . ~ ths land dsscribed tn Exhlblt "M' hsrsto. and all crcps gr+own ; , ) : s~curity fo~ th~ paywent of ail costs exp~ndsd. setvioss rend~ _ . . . ~ ~ ~ ' - adva~c~nts ~ads b~r Opsrat i ng Ca~pa~y i n any ~ar rai sted to I ' ~ - - , i ~ ' . _ _ ' . : , ~ , : . . . Z~ ~ ~ ~ ~ . _ . . . . . ~ - . . . . . ti . , . ~ . . . . . ` . , ~ . . . ~ . ~ ~ ~ I ~ : . . . _ i . ~ ' • • • _ ' , . . . . . . . _ - .a ~