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HomeMy WebLinkAbout0179 fhis Irase ~lw ~vve~s ~sd iscludes, is ~dditiou to tlat above S~criAed. ell laod. i! nr.>•, c~.nti~aus ur ad'pcent W or ~d~'uion tLs laud aAu~e descril.evl ueJ (a) o~ned or daimed by lenor bp limihtion, prercnpNoa, possessioo, reversi..n or unrocorded msWmmt or (bi n W whic6~r hu • Drr[eremr ritht ~.t .~,yu~sitnw~. I.essor st~ers ti e:ecutt ao> supplammtd iwtrumeut reyue~ted ! r kssee for a mots avmplds or ~ccvnte ciesQiption ot atid ltud. Fnr the pur- p.se uf dete+mioiej the ~moant of anr boout, dda7 rcatd ur otLar wrmmt l.eseimdar. t~id laad shall 6~ dNmd to caat¦+s ~s2~ ac~es. Aether utu~ly cvotain+n[ mon. ~x lea. ~ad t~e abm-e ~ecital of rc*eate in ~nr tnd s6~11 be deemed oo be tLs ws acrate tiereo(. Lrsv.r accev~a ~Ae !.onus anci a~re.~ t~. ~ccept t6s de3a> reap~l as tump snm coasideratinas for eLis l~ase and all rit~s. ~nd options hereundn. 2. l;dess sooaec termwted or looter k~t in force noder other provisions Aereof. this kase sball romaio i~ fonro for a t~m of tm (10) rean (rum inr -S~te Lereol. Lerstaaiter called "pdmary tecm . aad as bnt t6ereaher as ~~per~tloas, ~s Lsaia~fto~ deffaed. ue oaadacted aDos taid laa! witb m~ esvtk~a !or ,~~ure tt?w n~uetr (90) cunsecvtire .L~s_ 3. As ro~altr~ icssee co~~mants aad a~ee~: l~l To deliver tu the credil o[ leswr. in the pips fioe to whicL lette~ aur cvonect ib rvdls. the epual ~,nr ri`htL part o[ ~11 oi! pcoduced am! saved br laases (~om said land. or irom ti~ne tu timq at ths optioo of lessee, to p~~ lwror the ~venRe p~uteS mack.t iu_cr f such ua:--tiFDtL Pa~t oE suc6 ail at t6e wdh as of tba day it is run M t~ie pipe li-e ur s~ory~e ti~lo, lanor's mteresl, w either case, W I~ear one-ei~;hth the .ti~st n( tceatins oil to ra+der it muketable PP~ line oil: tb) To p~r la,ur oa and casin:sead ps produced fran said laml ( l l when soW br lesser. .ur-ei;hth ur s amuunt rr+liaed br le:see, oosputed at tLe muutL oE tLe wdt. or l:.) ~?'am used 6 lessee off said land or iu the manulecture u( Qasolinr or ..tber pr:.duat:. tDe mukzf rdos. at tLs~IDo~ tL of tLs ~dl, o( one-eia6tL of sucL p. ~nd casins~ W: le) To W7 lessor un a:l otber msenls minc~l awi markettd or utili=ed br lassce I~om said I~nd, oal~teu~A eiSLer in bnd or v~lue at (be wrll or mme i~ IC3f!! 3 HK~ItM. !IC\`(N Zh:a[ a.~~ .wjd~ur n~~~~e~~l a~nl „~~~ica~tr.l ~,n land ~'td w~6ic6 said land,or ~n7 rti~~tLa~eoE h~s~ been Pooled. c+Dabie oF D~oduang ~sas ornm~otLv m~ae+d cairoed~ t6ercb7 ~i~nd ail sucA weils ~ro >hut-in, this lease s6all. ~Mbeleu, cootinue m fo~oe as tLour6 operatioos were bein= ooaductsd oa s~id land for w IouA as said vells ue shut-in, wd ' tirr:.lter t6is leate maY be mntinued in fo~ce as N oo shut-ia Lad occvrral. Lessee rn~•ao~nb and a~rees to use reasooable diligence to pociu. ^ ut~l~~e. ! :.~~rket t6e uunmis cay4lde uf bein: produced from s~id wrslb. but in the etercise o[ sucL dilijmec~ lessee sball not be obli;ated M iostaU or furti .A iuilitie, ot6er ~Lan well (riliaes ~nd ordioary lease E~alitias oE flow lines. sepantor. ~nd lease tank, ~nd sLaL not be required to setUe IaEor uouble ..r to market ~;a> ~pm tem~s una~rrpta'~le to lessee_ It.~~ Ose w tims aftu tLe ~pirnti.m d the teim, all sucL vsdls are sLnt-io for a period nf ninety a.m- >c+vhae daJ's. ~nd ducir.R suc~ dme thtro are do opeatiuns on "said I~ad. lhta at or ore tbe e=piratiou of uid ninetr dar peiiod. lessee sFull paY oi trndrr. by cLeck or draft of lessee. as iv>ylt7r. a sum equai to tLe amount of annu~l detar rmtal pre~ided for in t6it leasa. I.es.see shall make like payn~enb ~ ~r tr~..l.•n at ur be6,re t6e end of auL u.nivasacY oE tLe e:puati..n of said oinetr da • petiod if upon socb ~nni~ersatY this lease is :-.einx cootinueal f~.nr s:~leFr br rca:oo of tLe p~o~isions of tL:fyua~ p6. Eac6 such payment or ten~ s6all be made to the part~es ..~hn :.t •h. tu~:r .d ~>mr~~t wuui.l : r enutlr.i t~~ ra~i~-e the ruyalt~es ssL~c6 w•ou{d be paid under tLis lesse iE t6~ weUs were producin8. ~od.mar be de{wated in a dq~oait~ry A~nt p~u~iJrd l~~r ~ !~el,.w~. \atEins Lerein shaL impair l~see s risht to rdeue u pou~ided "m panltnpa S 6emof. In evmt of asxisnmmt of tLis lease in w6~k or in part. lisbibty ~ t. r p,~timrnt here~mder shall rest eactusi~elY owvet or ~wrne~s ~f this leau. se~-enllr ~s to acre~re owned !hr each. l.nsrr is 6eRby Yrantcd t6e risht, at ib Optioo, to po01 ~~r upitizt alf Or an~ ~u~t ol said land and oI this lrast af t~~ an~• .n .~Il m~~~~.:Js ~~r lw~i~iui~. thrr:' uu.irr, ..rtl~ utLer lands, I~ue or kases, or yortioo or pu~tionf tLem~f, or mmeral or 6orizon t6Qeundu, so u to establuh unib avntain~n~ oot mucr t6an 8U ,:,~~ace a:.c, plus lU~".b acrea¢c h,terance- P~~ided. 6o.re~•er. a anit aur be establisSed w~n e~stiu~ mst mar be ealai~ed w cootain eat mwe th~n 6io i r.< pl~s llr' u~rf~e tulnruce. if uoitized oolp as W ~[as pr onlr as to Rrs an.l IiquEd hydn~carbons (ooodmsate) s6ich are a.t ¦ iiyuid in thr ~ul.wrface .-,rnuu. 11 IarYer units are reu.iired, uoder anr sovemmenW rule or order, tor the drillin` or op'ratioo of w~dl at a resula: locatioo. w fw d~taio~nK y :nsam~um a:lurorahle. from anY ~ell to be drilled, driilinY, or alre~dT drilled, anY such ~mit may be estab;ished or eularted. to ~vul.xm to tLe s~rr revuireal t.~ ~ .~~:h c":rrnrr.rntal .~rder nr n,Ie. l.e:see s6a11 mercise said opiiou as M ea~-h desired unit br e:a~vting an imtnunent idmtifyios such unit ancl (ilm¢ it I~.r :r.v:d :n the public uffi.r in whi.6 this Irasr is rnti~rded. Each of said optiom ma~ be e:acisa+d br ksue [mm time to time. ~ad vc6et6er belnre ~,r dter :.n..lu.tti.o hu beeu cytai,lished ~tber on aaid laod or on tLe portioo o( said land incloded 'm tLe ueit or on otAer land unitiztd therrwit~ ~nd any s~~ch ~:nit ~:~.:~ul~• wny wril to t.r dnllr~. t~eu~X Sriileal or alrrad' c.uuplrted. A wut established 6et~eunder sha11 he v~}id ~od effeciive (or all pury~ses uf 16i~ : :rue r~rn ttwuR6 thcre mas' he iaod or minenl, roynky or ~eauhold iateresb in laad witLin tLe unit which ~e nM pnoled or unitized. MS oP~*o~ns cuo- ~ .:u~te! ~~n +n.~ put suah unEtized Lnd shaU be cvnsidacd. !ot all purposes. e:cept l6e p~ymeat o[ opentium eoududed urnler this le~se. Therr .lull 1.e ail~..ated to !Le land co~•ered bT this lease iucluded in aor sucL mit tLat pmpurti~.o of tLe t p~aluctu~n of unitized mioerals Irum ~~rlls in tbe ~ ; u,,. ~ttrr dr.luct~n~; an>' useJ in lease or unit opentwas. w~hic6 t6e n~mber of surface acres iu ths laad oorererl br this Iease included in tLe ur~it I.ears b• ~h~ ; nui~~l~er ..f surta.e ure~c in the uaiL 7li! ptoductioo v~ alk~cated shaU be c.xisi~tered for ~l! yurposes. iucludin~ tbe payumat w de)iver~ of n~ypltr. u~'erridinK ~•.~itr. an.l any ot6er paymrnts out nt productiuu, to be t6e rntirc pr~.d~xti~sn of unitized minenb fn~m tLe portiou of said land cvvered bertF.Y ~nd inaluJeJ .u.h ur:.t ~n t6e~ sasn~ n~.aaner u thnu~ ptwluced from said land unclet the terms of this leasa The owver oE the revrnu~nary eshte anr tem~ w~~.lh n.menl t5}J~f ~{,'fPIS that the accrwl o m?sltia p~nuant to Ihi+ paraQnp6 or of sha[-in ro~ dtiea Erom a well on tLt w~it slull satisfi• any 6mdati.m uf trnn r.~.~u~m~R pnl.IU(tNM of ~ul ~~r ~Gas. Tht t~rmation nf snch unit cfull nM have tLe e(fert of chanlpns tLe oRnetship o( ~ny dtlar rcntal or shut-in pr~nluation ~,~~i1h~ ahNh ma.• becvme pnyable under tLis lease. Aeither s6a11 it imprir t6e rigLt ~~f letsee to rdease from fh» kase all or ~n7 potOoo o( said land, escryt '!.wt i~ttrr m.~. ~~.~t sn rtlcase as to lands within a unit a~lule th~rr ue ~~pe~at:ons thereoo for unitized mir,erals unbu aU pnolcd leases arr relrnsed u to wrthi=i the unit. Lssee may disv,he any ~wit rstwhi:~hed hrrnmJn t+~ fiims f~ir reoprd in tLe public office wLerc this lease is recorded a declarati;~n tn I~•et eiEert. if i[ tblf 4Dlt DO 6Qtf't[MRf ~M ~O( IOOdUCItd lh[fEnO (or un1t1lr[~ ~uwrrak. Su4ject to t~lr ptu~la~~m. tl~t. ~•.u.x•_~.I•h 1. w+nuf onc~- .-tal+iisha~l hneundtr sl~all ~em~in in (otce se~ I~.nR u~ny le~ase <uhie~.t lherctn s}rll remain m(orce. A unit m~~ bt sn eslat~lu6ed. mndified ~r ~fi,solved durinK t}~e li!r ~.t tAu Iqx. .S. It nprrations ue n•~t i*~nducted on said land uo or befure t' r fint anni~-crsary daie 6ereof. this le~fe shall termin~te as to hoth ttic~ unksa I~sscr ~ $t• Luc~@ G~ount ~ o or lKfore -uiJ ~late s6~ll. sni.ject to t6s (urtber provitions bereoF. paY or teodrr to lessor or tn Lsswr's ctedit in t~ ~t Ft. Pierce. Flor3.da .r ats ~..a/ar,/s,s...•s, w~6icL shall coatinne as tLe drpository, re~ardless of chanRe~s in o~?aenhip oE delar rtntal, royaltics, or uther niime~~a, thc .u~n ~~i V ~1.'~"f Y~! ~ . ..6i.h ~hall oMu:r ac dei.q re:ital aad cov~r the {m vilege oE deferrin~ openti.•ns Eor one year fru~n s~id drte. In likr rj ::~anrur and u~...o l~ks p~.a~enb ~~r tead!s. opaatioos ma7 be farther uderrcd fw lite periods of or.e 7~ eac6 dnrios t6e P~~ term. If ~t aoY ~un~ ~ tt~..t ,c.•e.' yn, ~.r lrndert JcS~o ~r*~tel. royalties. ur uthrr o!:~oeys. tw~a or awre part~es ue. or c:aim to bt. rntrtleJ to rc~r~.~e twu~r. Ic»re n~.,y. m Inv u( sny ..ti..~r mrt}rwf of pa~inrnt ~~rrr~t. prus~dwl. par or tro.kt suc6 rrnt~l. royalties. or otbet moneys. in tLe manner Arrr~n sprc~b.d. ci~lrs M~inl:y tu >ueh y..rUrs ~~r ,y ;.,~.trly t~. r~ch in ~.~:,rde:~a.: ..~th ih~u m, ectne ownrnWyc U~ereuf. u lessrt mar• elect. Anr pa)~nrnt berrurder mr~• ?~e made by cherk n+ drd~ n[ Ir..re ~ ~~sate~! ai~ the ~~~tl ur J~t~~-rrrd to Icss~x ~~r to ¦ dt{ws~t.~rv F~ank on ot bt(utt tbe ~att date fo+ Q~ymmt_ Said ddar tmUl sL~ll be app~rtiunaAM as h• ~..~d I.nd no Kn acrea¢r t,acis. and a iailute to m~ke proper pa>mwt w teader of ddar reatal u to an> portion of said Lnd or as to any iaterat the:e~n ~ ~.}.~11 n~.t at(ert this 'lrase u W anr portipp of sai~! Iaod or at to any iptr.rst t6ertin u W w-hicb proper p~yment ot tmda b m~de. Aar paymmt or teodet :~h~ch is made ia an attempt to m~ke propet pymmt, but wr6ich is erroneous ea Mlw~e or in purt as to pa~t~es, amounts, or depasiWry, f'.~all oe.~rti.eScss t,c ~ .,~eikirnt eu prevent terminatioo d t6u lease ~sd w ertcod tLe time witLio w6icL openKons maY be ow~ducted in tLs ume maaoa u thouRh • pn.pcr ~ ;,~yment fud t.~en made: Dm~~ded. Mrerer. Insee tLell correct such mor w~tnia tLirt7 l3A) da)s afta kssee Eas rrceired writtrn a~iice 1lurenf hnm .fit~~f. I.tSflQ mar at au~ time and from time Eo time ezecvt~ ~nd ddirer to l~sor or Eile for ncord ~ rrlo~se or rdaasd of tLis ler~e u to anr put or a.~ ~ f.aid land or of ~nv miu~ral ~r 6nriu~n therem-.3er. ~nd tbrrebr be rclie~~ed ~t all obliptions u to the released acrease or interast. IF tbis le~se is so rc- ~.sr.! a~ to all micerab ud borir+wt under ~ portion of sai3 land, t6t dda7 reohl aud otLer paymeob mmputed in ~cmrdance tl~ereKith sM0 thneup.o }+r -•.:~s~ ed in tLe pc~pextion that tbe ~cxs~e rele+ased bean tn ths xres[e whic6 was rnverd M' tLis lease immedutelY Drior to sucL rekase. ~ If at any lime or t~mes duriaR the priaur~ krm o~,entions are aoodncted on said 4nd ~nd if ~U oper~Qons are discn~tioued, this lease sAall t:~tr~after ~.-~minate :,n ~ts anniversuy date nert (ollowfns t6~ ~oetietb dar ~fte? sue6 dbcontiau~oce udeft o0 or t~efors such amn~ersuy date ieure eit6er (11 c.•ndn.n prnn:,y or 13/ c~~ences or raums lhe paymmt m tmri~er of deLY rental: provided. Low~erer. i( suc6 annireasary .Lte is ~t lhe eod of lhr pnmary terni. r il there u oo (urthrr aoniven~r~ date o( We ary term. tFis leaie s}~Il terminate ~t t6s eod of suc6 tsrm or nn the ninetid6 dar ~fter d'ua.Mtin~un~e ~ i ai{ eper~tknu. w~hichever is t6e lats date. tm.~oo snch late? iLte eitber (11 1eue~e it coodnctioK oper~tions w(YI tLe shut-iu wdl proa~isir.ns o! para- :r+yh J•.r the pm~isinns cf pua~np6 11 ue applicabk. K'heoercr osrd in this leass tM ~?ocd "opentions" shall mr~n opentiwu for ~nd ~nY of the (u{- ~ ,~+~a¢: ~tr~tl~nR. test~nR. =*~p~~oR. t~sworkmt. recwnpletinR. der.~eoin~, p1u~Rin I.ack or rt;~irin~ o( ~ we1) ia searc6 1or ot in an en~.leavpT tn ..t.[un pro- -~s ~:+:ctwn uil. ~as. sulpLar or otber mioet~li. espvatis[ • minn. PrtKluctine o( o~ W. r~lphat or ot~er nineral. wbefhrr or oot in D~W~R Qu~ntifira. ~ 1~-~.r- ~T~all I~~a• tFu ~~u. frer (r~.m m)-a'.ts. of wai~r. ~rtbrt 16an ~rom Im.or i..~ter ~-alb. ~na Of oi~ ~Dd jaf p/oduold ~tWn la1~ laDd in ~Il f~P[fAI1.Ma i. r.•~n,irr. I.. ~sr~ h.ll naa~ thr rie6t at ~ny tune to r~r..o.e all mac6iner~ ~nd Lstures plrced saiii la~d. ~aclv.bn~ th~ n¢ht to Jr.~w aud rrmo.r c.u~n4. N~~ .-I! ~lsall t~ ~1r~li.d nearer t6ao 2W ftet to tbe hrwse or Aam cr~-v ~n said ls~d witb~wt t6e consent of tbe lessot. I.~u~s ~6~U p~Y fot dmn~`ts iau.ed 1.v ita ~ ~.~rentywf to ~n.wins crops ~nd timhe~ op ~~id laad. ~ aooK 134 ~ 79 : _ ~ ~ ~ - ~ ~ - - ~ _ .3.. _ _ , . - _ . ~