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(T+'lorida) Pbrm O-fT9 Rer.-61[-Prod. RS Rev -65-Prlat~d ie U.S.A. ~ ~ • / ~
OIL, GAS AND MINERAL ~E~~E
THI9 AGit~E11F.NT m.de this qt~'1 d~r ~ ~lU~'USt. . 19 6J . becw~en
t f.
t;ci~;ar R. :3ro~~m anci ~r-ife~ Jo sephine ~rct~~i ~ ' ' , : ~
I,caaur (~vhether one ot morc). rnd 3UN OIL C0IIPANY. • New Jcrsey eorpor~tion. with •n ofCfee st Aallas, Texae, Lzsser,
W I T N E 8 3 E'r H:
1. I.aysoe in comideration ot ~~@21 i`.O,ZOQr-~---~ nO~~
(i l~~ ~j-•• ) in luhd paid, of tAe royalties hereln provtded, ~nd ot the ~rreemcnta of I.etiaee hcrnin contained, hereby grentr, leaeee ans lets
exelueively unto Lrssee for the purp~se ol invewti~atin~, exVlorin¢, pn»pectin~, drillin¢ an~ min:nK (<~r, producin¢ and uwninC oil, ~na ~nd •II olher min-
erale, conetrucUnp ~nd mnintainin~ pipe linee, nwL, tanks, powet etationa, cinwle, trlrphune lincre, huusra fur iw emvlos'een. and other atructuriw and facUi-
tlee thercon W pnduce, Fsve, ta~kr carr uf, treat, dinjwae ot, rtore, manuf~cturo, trunejwrt, •nd uwn seid Nnxlucw end mlt wnter, thr t~llcwiaQ deucribed
land in Lucie Couaty, Florida, to-wit:
Ta«anshi 31~ South, :;~n;e 39 ~ ast
:ect~on Z7: S~; cont~.ining 32~_acres, more or less
Sect~ on 1f3: South 3~ ~ of SF~ r u4~ L2 ly~i.n~ ~'as-L ~"ou ~h of .'t. 'rierce i~ar~r~ 171'2] It3~ C•
I?istrict da.ke; S~9 less I:orth 38 ~ of S;;°4, cont~inir.~; 1~0 acres, ;iore ar less
~ect~ on l.y: and Ez `.~z lyin~ east of rt. YiPrce/~~age ?istrict dike contairLn~
365 acres, nore or less
~ection 20: Al_l e}:cept E-,-~~,- l~~ Iv'~•i-:; Si~J;; containin~: 630 acres, r~ore or ? ess
Section 29: A11, 61~0 acres, ~:ore dr less
Section ~0: u, 320 acres, ~~~ore or less
~ction 31: E~, 320 acres~ more ar less
Sectian 32: j1.1, 61R0 acresi ~ore or less
and, in ~ddition, any snd sll land and ti¢hts ~nd intrreet in land owned or rlaimed by Lessor and edjncent or contiguous to tha land etaore deacribed.
F'os the varpoee ot detetmining the amount of any money payment hernunder, includinP the down caeh payment, eaid premtsee shall be trcated sa
comprieinQ -~~5" acree. whether there be more or lese.
Z. Snbieet to the otber Dpvisicna herein eoa4ined, ihu lease ehall be tor a tcrm ot ten yean trom this date (called "primary term") and ae long
thereafter as oii, Qas or other minenl i~ yniduced troon wid irnd hereunder or land with which it or sny Dart ot it may be ~w?ed.
8. Etuyaltie~ w be paid Dy Lesace are: (a) on oil, aad on condeneate eaa•ed at the well, one.eixhth ot that pruduced and as~ed trom eaid land, the
name to be ddivered nt t6e well or to the credit of Leswr in the DiDe line W which tte welle may be connected; l.c_see may frvm time W timr t~ur~hnsc
any e~uch ro~-alty oil or cundensate tn its Doeaeuion, yayin¢ the market Drice themfor DrevnilinK tur the field where yraiuccd for oi! ~r cundensate of like
kind •nd gravity on the date ot ~urchase: (b) on ¢aa, [ncludinY casin¢hnd Qaa or other R~~~ ~~+~~+nte, produecd [rum said land and s~.ld crr used otf the
premisee or in the manutacture of gaaoline or other D+'~uct therefrom, thc raRiicet vrlue at the well ot unrei¢hLh ot the Rna so sold or used, Vru~'id~'d thnt un
Qa+ r~~ld at the wella the royalty ahall be one-eiahhth of the amuunt realized from such eale: if at rny time or timen, cither during ot after thc Drimarp term,
them is a wcil or wells caDable of DroducinY only or ~aa and liauefiable hy~ocarpons on said land oz on Iand with w•hich it or an, part o[ it ma7• be p«il~d,
Gut such substance ur eut~tancee~ aze nut aold or traed off the Dremisue in V+YinR qunr.titiea, end if this lesae is not otherN•iee bein~ maintaincvl in force, it
shall neecrtheleea be coneidcred that svch aubetance or au6etancee are bein~ D~uced end marketed in DnYin¢ quantities durins a11 su,h time ur t~mcb ; within
ai~t~~ (601 day-s a[ter the exD~ratiun of each ycar during which lwth such afonmentioned conditiona exist, I,rsyee ehall pay e~ ro5•atty to ihe nartic~s ~rho
wuuld be entitled rt the end of euch year to royslty en acLus! D~duction of ~uch eutrstanceu a~um equal to the ~m~~ur.t, if an>•, by «~hich the rrnta{ ~~r~~~•iJ~~.i
henin na to the acreage then covered by LLia leaee (whether durin¢ or atter the yrimary term) exceedn the tutal ros'altics paid and paynble hereundrr un the
actuai yroduetion ot oil, ~•nd othet minetal~ durinQ sue~ fear; ~ny ~sch Dayinent may be made in Lhe mxnner {~rs~vided hcrrin fur the ysy-me~nt nr tender
o[ rentnt, including ull terms with reepect tu the deDUeit oi eame in tlie deeiensted deD~~~n' bnnk ; where eny auch payment i made with rc~Dmt to tw-o
or more welle, the amount of such DBYment abaU for all flnrpasee be allocatxd to and deemed attributaLie to auch wellx aeDarately in equal pruportiona; the
term "year" as uned in thia varaRraVh ehal! mern the twelve (12) monthe yeriod cummencing with this date ond each euccee,fiive twelve (12) months peri+d
thereatter, whether daring or dler the priaury term; (c) on all other minerale mined and marketcd, one-tenth either in kind or vnlue at the well
or mine, at Learee's election, e:ceDt that on sulDhur the royelty shsll be One Dollar (=1.001 per lonII ton. L.eisaee shall have free use ot uil. gas ar.d watcr
trom said land, except water from I.eeeur'e wella, for rll operetions hernund~, aad the rog•alty on oi] and ¢as shall be comDUted u[ter deducting eny ao uaed.
4. Lemee is hereby grsntRd the ri8~t. W*'er and oD~on st any time or timee to Dool and tombine the land covered by thie leese ar any porticn _
thereot with any other land, leaae or leasea in the vicinity thereo! when in the Leasee'e judgment it i~ neeesearY or adciasble to do eo. Such p«,linQ may
include alt oil, gae end other minersle or may be limited to one ox morn such aubutances snd may eztend tu all euch production or may be limited to one
or more zonea or tormatioaa. Anl' euch pooling ehaq be into a unit or units not e~cceedina by morn than trn percent (l~c) fortp (40) acres each for thc
ecDloration, development nnd production o: oil, and nat esceedinQ by more than ten Dercent (l0y'r) aix hundred forty ~640) acrea esch for the exD~~~*atiun.
drvcloDmant and D~uction of itae, including condenaete: provided, however, thst it any iruvernmental authority Drencribee or Dermite a larfter unit ss a
aDacinR yattern tor the orderly develorment uf the tield, or for eny oCher purpoee, or ehall ellocate s producin¢ sllow•able t~esed in whole ~r in psrt on
acrraKe per well. any unit may be formed or retormed to embrace acreage uD 1u the maximum content eo DreFCribed, pennitted or sllocated. The effective date
and term o[ each such D~IinR ehall be sa eet forth by Lesaee in an inetrument tiled tur mcurd in Lhe county or counties in which the D~~ed ~and ia situated.
which instrument ahall drirribe the acrenRe. zones, formationa and aubetanra+ ponled. Any unit may include land upon which n well hae theretofore been
romD~e~~ ~~r npon which oDerstione for drillin~ Mve theretoture becn commenrcvl, and within the meaninQ ot DBraRraPh 5 hereof any such ~cell or operatiuns
shall be conRidrred as havinR bren commenced subsequent to the effective dste of auch p.wlinu. Produciion, drilling or reworking opcrations nnywhere on
an5~ su;h unit ehall be treatcd ns production, drilling or reworking opera!ione on land cavered by thta lease. There ahall be allocated W this leaae the prn-
purtion of the Dcx~led D~uction fn~m any such unit (whether or not Irum land covered by thid leaee) that the number cf eurface acree eovered by thin
tease and included in the unit beara to the total number of eurfnce acres in euch unit; iv~•alties ahall be DAid hercunder only upon th~t Dortion ot such
production so ellncatrd, and as fn y~c~led D~ucticn from land in auch unit euch roy-alties ehall be in lieu of eny other ro3'8lties. Reduction in the size oi oa in
the interest covere.l by any euch unii ea a reAUlt o[ faiiure of title or any other cauae shall not o[ iteelf terminate the pcwling. In the e~•ent o! any euch
reduction no retroactive aPDoKionment ol royaltiee ehall be tequired : nor ehal! royaltiea be D83'eble thereafter on Droductiun trom a tract (or on pro~uction
attributeble to an incerest therein) title to which hae thus been Ioet~
b. It oDentione for drilling are not rommenced on eaid ]and or on atma¢e Dooled with euch land, ot any part thcrec.f, on nr beture one y-ear from
thia date thia ]ease ahall then terminate se to both Dorties, unlesa on or before auch annivereary date Leeeee shall pay or tender tu Leasor or to the credit
of I~~saor in '-~t'. 1'uCle ~AUSlV.~ $ank .t Fart ~ierce~ Flcri~a (which bank and its
succesaors are Lessor's aRent and shall continue ae thr depoeitory for elt renttla payable hereunder regardleea of changes in owne^ehiD ut sail :and or the
rcntnt~l thc aum or Cne `~hausand Seven ~:u:cdred Sever. ;O~IOC---- na?~a~ ~s 17C7 SG--
Ihemin rallyd rental), which Phall cover the privilege of deferring commenecment of dtillieg operations for a period of twel~•e (121 montha. in like mann.r
nnd upun like payments or tendere annually the commencement of drillin¢ operations may x lurther deferred fur euccessive periuda of twelve (121 months
ench durinC the primnry• term. The Dsvment or tender of renfal may be made by the check or draft of Leeaee maited tu I~asor at ~jp}r `Zl~~
rOT'lr 1 12Z°C @ ~+ZOp C~~ . or delivered to Lcx+or, or mailed or delivercd to aaid hank on or before aueh date of ps3'ment. I[ Ruch bank (or any
nucccveor~ank) n~ould fail, ~iquidete or be aucceaded hy snother bank, or for a~s ~on fai! or re[use to accept rental, Ixseee ehaU not be held in deiault
for failure to make auch ysyment or tender of rental unii] thirty iS0) days after I.eaaor ehall deliver to Lessee a pcvver recordable instrument, nnminx
anuther Lank ae aRent to l'eceive auth yay~ment~ or Lendets. 1f aueh bank chnr};c~+ ot ~educta a(ee f.~r ac!in~; us de{nrei:ory~. or any other reiisun, auch chnrKc
?hall be l+c+rne by Lesewr and shnll noi atfect the valfdity of the lease. 'I'he down caeh Dayment ia consideration fur this l~ase acec~rdinR to ita tr:mv and shall
not be allxnted es mere rental fur a period. Lesaee may at eny time uz timee execute and deliver tu I.esaor or W tf:c denii;nat~d det~~eftory bank, ur Dlace o[
rcrurd, a relea:e or rele~xcy coverinQ xny portiun or yortions ot tt~e land covered hereby (or an3' one or more znnes. fornsxtione ur aubstancea thcrcunder) and
thereby surrender tbin le~xe as Ea such portian or portions and be relieved af all oblijcstione in connection therewith, and therea[ter the rentale, if sn3',
payable herecnder ahall be reduced in t6e proportion that tde eurface acreage eovered hereby u reduced by eaid mlease or releaa~.
6. If at any time or timee durinR the pt(mary term Leesee abandons a well aa a dry hole on eaid land or Innd prwled with such lahd, or any raTt
ther!wf, or if D~urtinn, hn~~ing once been obtained therefrom, should ceaae from,~ny ceua«, and if in either esne thie IeaHe ia not otherwisr mainiained, this
]eaase ahal] necerthelese remain in force it rroductiun or aper~tione for drillin~ or rewurkir.¢ on as;d land or land poolcd with auch land, or enp part thereot.
are cummer.ced or resutned, or DaYment or, tender of mntale ?a eommtnced or resumed, on or before the rentel Daying date next eneuinR wfter Lhe expimtion
t ot ninety (JOl dayn trvm the date vf n6andonment of the well as a dry hole or ceeaation of V~uction; Drovided, that no res~tal~ nr operatioru; ehail bc
necwnary to maintaia this leaae for the remainder ot the pr{mary term it ~uch shandonment of a well as s dry hole or cosation of p~vduction oceurn ~vithin
ninety (90) dny~n Prior to or durin8 the Let Y~ ot the primarq term. If such abandanment of a~vell aa a dry hole or eerieation of D~oductir,n cccur~ withfn
ninc~l.y (5U) anSA prior W or at any timc sfter the exD~ration ot !he Drimary term and thia leane ia nnt OL}IPI'WIS@ maintaincd, thie leaae ehall nrvcrthc:~n
remain lfl f~~C~@ lf rl'OdUCtlOfl or operationa tOT drillinQ OT re~vorkir.~ are commeneed OT TC9i111]FC~ OII eAScI IAhtI OT ~Alla pOO~f`[j R'1T.}f EIlC~1 ~%rifj, O~ 811y' pBTl
thern,f, within ninety (90) daye after such abandonment or cesaatiun ot D~uction. Upon the expiration of the primwry term er at any time or times
theveafter w~hen thiv l~rane ia not otherwise snainlained, tbia leaae ahall remafn in force Bo lon¢ sn •ny overaGuna for drilling o: rewerkirg nre Dronecuted
on ~aid land ar land pcwled with auch innd, or any part thereot, with no ceaaetion ot moze than ninety (90) cunaeeutive dayn, and, it tdey reeult in prudnc-
tiun nf oil, gne or other mineral, so loa¢ aa oil, gss or other minc:~] ie D~'oduted.
i. In the event n well or wells prodnein~ oil or gas in payina quantitia ~hauld !ie bx,uRht In on ad5accnt lan~ not more thsn 330 feet from snd
draininR the lesaed ~remises, LesBCe a8rera to drill euth ottett we11 or wells ae a reusanably Dndent uperator would drill under the name or aimiler eircum-
etancee. When zequired by Leasor, I.eaeee will buty D~P~ lino below ordinary D1ow depth and pty damaSe caused by I.eaeee's nperations to ~rowinR cropa.
I.~~qee shall h~se the riaht at any time durinq the term ot this lerse or within one yeir after the termination ot thia leaee to remove all pro~rtiea nnd
fi~cwrea placed by I~~asee en seid land, includin(t the riRh4 to draw and remove all tasin¢ whet6er from producinQ or non-D?oducinR We11R. No ~ve~l ehall bc
drilled within twu hundred (200) feet of tbe p:ineipsl restdence now on wsid land without Leeaor'e consent
R. The riQhts of either DertS hemunder may be aasiRned in whoh or in Dart, snd the provisionA hereot eha11 eztend to their heits, succe~rs and
aseiann, but no chanRe or diviaion in t.~e ownernhiD of the land or rentale or roqslties or ather DgSment hexrutfder or the ritrht to receivz eame, howevcr
accumDlishcvl, rha? oTxrmte to enlar¢e the obllRetione o~ diminieh the riRhta of I.essee. No chan~re or divieicn in the ownenhip or ri~ht t~ rereive rentai±.
royaltiea nr other PsYment hereunder eM11 be bindln~ upon I.easee tur sny Dd~~ until eisty (60) dsya atter LeESee ehall have beeo turniahed at I.rasee'e
nftice at Dallar, Texas, wifh daly recorded instrument or i~struments or certified cupieR thereot oz other tt~sUy auth+entieated written evidence of r~ch
chanae ot ownershiD ~stiqfactory to Lerxee. In E6e event ot the death of any qerson entitled to DgY~+~nta hereunder. I.eejee may pay or tender euch pa~mentx
W the dePr~sitory bsnk to thr ercdit of the deceuect or the dtate M the deed?sed unttl euch time ra I.easee ie turniahed evidence aatisfutory to I.eeaee o?
the apv~~intment nnd ausliftcation of an ezceutor or adminirtntor o[ the eatste, i[ thete be one, and evideace eati~tutory to Lesaet ae to the heirs or
de~~iseca of TLe deceased. It at any time two or more penons arr entitltd to pstticiPa~ ip Dayments hereunder. Lessee may psy or tender •urh Daymen6n
juintly Lo euch perenne or to theer ~oint credit fn the depoaitnry deni¢nated hercin; a~, s4 Lea.qee'a election, the Droportiorate part or parte to wbirh sny
particiPant or qarticipantw map be entitled may be Da1d or tcndered to auch D~tiD~nt or parliciPanG eeparetely or to the{r scpante r.rediL In eaid de9oeitory;
and papment or tender :a any pnrticiDant of hie portion, jointly ot FepantelY. e1u11 maintain Lhis Iease we to tiuch pnrticipant In the F•cent of sasignment
or .ublea~ hereof in wh~3e or in part, liability for hreach of any ezpreas or iI~D~~ gb ' 'on hereunder ehall rcet exclUeively nron the owner or eubleguee
whn commiL+ such brexch. Io thc ecent of an assianment ~~f thie lewR te~ srntc~l purtio~~ the land, the rnntsls Dey~able herenndc!
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