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HomeMy WebLinkAbout1493 STATE UF itOAIDw ~Ct~!~fYRY SiATE OF iLORIDA ~I~ ~ sua r~x oc~~i~+TAR~f9h ~ ;,55 ( SUR tAX _ ~ ' ;~.~o W 5~(A-i ~ ~F FLt~f-~iuA ~ u~ i~; t70CU~E?v7A~ STr~~^:~ Tr•X '`~1~'~ ; '~M}' j ~ ? OCri9'71 ~ = T _ ~ > a ~ : -~v~~; I 290= ~ - ~ o„ ; ~ $ t vF-i V ~i~t. o~ acrfrvc ~ "f ~ _ ' ? c ^ ° r? ' ~ ° a~? ' V ~-b = _ , ~ ' A T ' ~ ; p8, ~4a, tt - 4 ° x ~ 'G-° ° k ~ ° ° ' > Z ~ _ A ° o . < 1 . ~ . . . ~ < ~ x ' ~ t It U tJr Wtentloa d Iwror ~aA l.eart tlut tAls larse ~lu11 alw lndude. ~nA tifen L lur~D7 tnelu0ed. [r~~t~E. Wa~d ~oA Nt. !ar tb purpwss u~d conaWer~tcon ~ nerMn statW. ~il ttr lanA wned or c1a1mW Laawr. Wp~oeat ar oootl~uou~ W t~e lanA p~rt~eular:7 CescrlEeA ~Do+s. ~Mt~er ~w M ln rW rclfon ot ~ectlou~. - ~rant Or ~nat~. ot tn ~A}~e~Ot ~eedon~ ot ~iaoti. •ItAOU~A DOl lne/uO~A ~1tII1n the 6ounA~rtp o[ tAe luW p~rUCUt~rll dYr~lptl ~b+~. !or t~e Yy~VOM d det~rmldn~ c~e ~mount d anf moetl D~7~nt bereunAer. tbs land~ 6~relu de~crtOM aAall Ee tmud u eomD?41n~ G~~. Z\I ~cre~. ~Mtdr l~sr~ Oe mon ~r Mas. anA tn lbe ~~wt d• D~rW! ual~nm~nt ar surrt~et 6ettunder. tM ~ed or tttrrtn6er~0 Da~lm ar portloo~ ~A~1! At A~e.~O to oontala ld ouo0tr af ~cra~ ~uud tn wcA us~snm~ot or wrr~noer , ~ i. Supiict W tae otber Drori~io~u Aereia eoaLfned. tl~i~ k~e a~all be !a • term of tee 7~+~ f~ d~fe iuUed "primart term') •nd u lon~ - ehere~fter u ofl, su or otAer mincnl i~ produeed (rom uid Lnd or land~ ~itb w6kh uid land is pooted hereuedcr. - 3. T!~e royalties to be paid b7 I.e»ce •n: 1~1 oa oil, oncei~Ath o[ tFat v~oduced and ~a~ed from said land, d?e ume to be delivend ¦t tr~ vra•lis or to tbe uedit ot I.cswr ioto tbe Dipe line tn w~ieA tLe welL ma~ be eooneeted: Le~see ma1 from time W tia~e pu~ehuc an~ roYalt~ oil in iu jlai]~]~1WT. - DaYinj tAe vurket D=iee tLertlor D~ai11D[ tor tAt field wAere Drodueed on tl:e date ol pvrc~i~r. in eitArr ease ~ueh 3nt~Mt to bra~ sts pr~p.rt~~~n uf sny rxpens. of treatmt unmerchanlaEle oil W rcede~ it merehaptable u erude; tb1 on ir.cludins easin~6a~d ¢iu or otlxr ¢aseous •ubstanc.•, pro~luced trom a~~d land and wld or v~ed oft tLt Dremi~s or in t~e manutuWre ot eaw6ne ur otlxr Droduvt therelmm, tRe marLrt value •t the well u( oet-eijAtA ot tAe ~as w~old or ue4 Orotfded t~at oa ~u w!d ~t iRe wells /he ro~alty ~Aal) be oa~-el[6ts of the •mount re~lned from ~uch saic: ~ whcre ~~s Irum •~~s weli is aot sold or u~ed, La~te m~f DaY v~Y~1tl ilOG.00 pcr wtll per year and it ~ueA pa7ment i~ made it ~cill De eoaeideted tlut ' `as u beins Dn,duccd ~ritAi~ tse me~nite~ ot Puasrayh ! bereof :~nd ~e1 ~ al! other minenls mined aud markct~d, on~-t• nth either in kiad or v~lue °z •t the wdl or mice. at l.ewee'~ dretion, eieeDt t~at on w(phur mincd aad market~d, the ro7alt7 ~dall De titt~ cenb /SOe1 per bnt ton. Le~see •hall have ` fire use ut oil. Ru, coal. rood aad ~~ter from said lind, e:eeDt w~ter tnun (.s~or'• welL, tor ~11 operatium AercunSer, and the ro~alty on oil, tu aeA ~ e.,al sAal! ~e computed a[ter deductinj an7 b~~ 1.esw~ ~Aall Aare the Drivile~e ~t Ais r4k •ed e:p•.tie ot mina ~as (rom an~ v?ell on axid :and for sto~o aod iruide IiY6b in the prineipal d~cUios thereoe out ot an~ ~urplus ~u not needed for opentiuna t..•rrunder. Leaaae, at iL option, i~ 6ereb~ tiren the risAl aad poRer to pool ot eomsine ~he ~erease eovered br tRis leare ur •nr por:wn tt~r.vt with ~t~er :and. leue or Ined io the immedi~te •ieinity thereot. ~lxn in Lesue's ludtmeut it i~ ncecuaR or ~dvwble W~b so in order Dropcrlr to d.~.~rlop and op- ' .~rx[e aw~d Dremse in eomplianee writh •n7 la~[ul •DK~n` rule~ whrcD ma7 be D*eeribed [or 1.1e Leld ip wAieO thu lnae n situated ~y anY Jalx autnoriLrd ~ ~uthor~tY, ur wAeo to do w would, in tAe ~udsauet o[ Le~see, prw~wtt the coo~erv~tion ot t6e oil and ~as io ~ad uo~ler snd tlut may De prod~e:d lrom •a~d pre-oi~es. [.es~x •A~ll esecute in writini an instrumeat identif~inj •nd deseribins tbe pooled ureate. TM eatin •eresqe w pool~d ir.to a traet or unit shall be treate~i, for all Durpo~c~ e:c~pt t6e CVment ot ros~~ties on Drod~~tioe trom the pwted unit, u it it were inelude.i in this Iw:. It produetiun 'u tuund ~n tAe pooled ~erea:e, it ~hall De treated a it Droduet~oa i~ had from tau leasr. rMet~er th~ ~sell or relb be louted on tRt prem».• cm~errd b~ thi~ I~ase or not la lieu o! tAe roydtie~ eLx~rAere here:o ap<cified. I.aswr ~hall reeci~re oa D~~«pn from • unit w poo{ed onl~ ~ucA pvrti.,e of tCe ro~a'ty sUpvtr.teE 6e?eie ~s the ~mount oI hi~ ~erease Dlued ~n thc unit or hi~ roY~1t~ intere~t tberein on ae ure~st bui~ Dean W lhe Wtal ~crea;e w p..,!td in tAe particular ucit involred. b. It opentiotr for drillia[ •te not eorwmenced on rid land or on ~ere~ze poo!ed tAereRiih u~Eove procided oa or Eel.~re onr ~car from tAis datt the leax s6al! tAea termiaate u W both partid, unl.ss on or btfore •ueA anoi.~en~r7 date I.es~ee ~Aall pa~ or tender W l.ruor or tu tAe eradit ot I.wor ' ~n - -_-Barnett- - - - - - - --e.~ti Sebring 33870 - ------•t~~~~.~ ~wb~cA Aank aad iL ~ueeewo+s ~re I.eror'~ aQcnt •nd ~hall eontiaue ~ the deDa~itorl tor all ren4L pa~~Dlt bereu~der retardlw of esan~s ie ownen~ip # or.~;a ?.aa o~ ~.~~r> or_Four_ Thousand_Tt_v_o _I-~undred Ei_gh~j*_ F~y_~_~~d_9Q~1Q0. _ ~~i,~, f if 4~ ?8i7' 90 (Srrtin e~11ed rentall, whieh ~Aall to~er the privile~e o( deterrins commtncemtnt ot drillin= oprratwns fur • period of t~el~e (I~) R10Y1I1~. IA like manner and upoa ?ke payments or tanden aeouallr the oommmcement o[ drillin~ opentwns tna~ be furthrr drferred for sue- ces~~ve perioci~ of t~~ve (It) inontL~ eaeh duriat the DrimarT ttrm. TRe pa7ment or tendcr of nnbi nuf be maAe ~y tAr eheck or dnft of I..sa~e maited or delivered b Leswr or W uid baok on or Arfore ~uch date vf Disment. If weh b~nk ior ~ny suceessor b~nk~ ~lK+uld f~d, li~u~datr or be •~ceerJ.d bf •n- otAer D~at, or fw an~ reawe fail or ref:ue W~eeeDt renLl. I.essee •Eall not be Arld ~n dehult t~~r f~iiure to make wch paymrat or tendsr ot rental until thiri~ 1301 dar •ftet I.ea~or ~Rall deli~'er to I.eret ~ D~oper reev~dabk imtrument, namias ~nother bank ~ent to rarr~.e ~ueA paymen4 or tenden. 'I'Ae down ca~A Da7meat is eo~ideratioe (or tAu le~ie ~ctordint to it~ ierms •nd shall not br all~.catr.! u mtre rrntal !or a perwd. I.es~ee ma~ ~t aoT tim~ i or t~mes esecute ~oa deli~K fn I.ssor or to tbe drpo~iWry ~oore eamed w D~~~e ot r.eord ~ nleue or r_!e..as eoverin~ any puflN~q Of pOTl1uN of LAe abore de- Kfl~!'d plYYI~M ~nd tlenbi nlitfudlf Lb~! ~!Y! Y fo ~Utb potlMll Of yOrlwfJ •nd 6! re~leved t~( a~! o6~lp~ti4M Y to l~e ~ltlate wrnnder..l, ~nd tAsre- •tur ihe nntab payaSle henueder ~hall be rcdueed ie the proportioo tlut tAe aereare a..end hcrrf,v u rrdueed Ay uid wtrue or rekas~s_ t. If pnor fn di~oovtrp of oil, ps or ot6er minerd on uid I~nd or on aaea~e pnole.f there~rth I.ra>rr •Aould drdl • dry hole o~ Aoles thereon, or if •tur di~eover~ of oi4 i~ ~ otirr mineral, tYe D~duetan tR~reof ~bouid eea~e frum •n~ cause. chi~ ieu• snaii aot c~rm~n~te i{ Iw~ste eommen~n additbn~l drHUnt er rewortint pper~tioo~ witA~n 60 da» lLerewftcr Ur It it De ~ilAie tAe prirtur7 ter~e, eommenees or rnumn the pa~rn~nt nr tendcr o( rrntwls ut com- roenees oyer~twns for dnl6at of reworkin~ on or pefore the raatal DaTias datc neat ensu~n~ •fter the e~piratwp of E9 d~y trom date of cnmpl.tMe of dry~ hole or eqwtion o1 Drodoction• lf ~t anf time ~uMeeuent tn •iat~ ~E01 d~7~ Prior W the besinnin~ of lAe lut yhr of tAe pr~man urm •ed prior to thr di~- eorer~ of od. eu or otAer miaeral on wid I~nd, or on ~creatr pooled teen~ith. I.a~ee ~6ould dril! a dry bole t~ereoo, oo n~nW payma~nt or operations are ~ secwary in arder to keey tAe le~e in (oree durin~ tAe remaindet of lAe rp lm~r~ term• If ~t tAe r:D~r~twn ot t~e pnmarY krm, od, R~f ur olA.r m~n- er~l is not Ee~nt ptod~ioed on uid I~nd, or oa terea~e poobd tAtrew~tlf. but Ln~er e thte m~ed in drilltot or rewor~in[ o~ntions therwn or a~all R~.r oompie:ed • dr~ Sole t~ereoa ~ft6in •ut~ ~601 d~~s prior to tAe end of tbe primar> terns, tAe teax ~hall remaio in turee w I.,r,~ u uyrr~U~~n~ •r~ pr~secut_ ed w~eh eo ceuation of ewre taan •fat~ 1~01 eon~ecntire daf~. ~nC if tAe~ result In t~e Drodactbn u( o?I, fas or other mieeral, w lon: there~fter u uil. ~u or other ~ninenl i~ Produced (roa~ uid lawd or ~ereaqe yooled tAere~itR !n the erent ~~efl or ~elb produeies dl or tu in D~Jin~ awntiUes ~hould br proujlt ia oe ~seent land aod ~it?in one Ruodrad titt~ 115~) feet of a~d dniaias tIK lea~ed pre~cbea. or ~ere~e pooied tlKrcwith, Iw-,s.e ~ree~ W drill a:ep otl~et «ib n~ eeaww~ll D+~deat oyerator ~rould drill uaCer tbe Mrne w~imilar NrcuwtaaaYS. T. I.r~ee ikall 6a~e the ri~At ~t u~ tinK darin~ er after the eiDintbn ot thi~ lease to remora all propert~ •nd fi~tura p2u•~i A~ LnrM on ~aid I?pd, IMIYdInt 1bt ri=6t W dra~ •nd re~o~e all ~..ces. we~. reQalred I.erot. [ws~ee ai11 surr •11 D~De Ifno belo~ ordie~rT plow dr.+th. ¦nA n~ wril ~hsll be drilleA ~itLin t~o Sondrd 12001 [eet ot ~~7 rs~denee ot O~rw so~ on uid land withont Iwsaor'~ eowtet La~see ~pa11 t~e rerpoe~ible Sor all dam~ses wu~ed p1 t-~~ee's opentb~ Aer~uoMr otA~r t~a dasases eaes~arit~ q~~od S~ tAe ex~reut of tbe ri~Ats herrin sr~nt'.L TT~e ri=hf~ of eitAer D+~7 ~~~d~'* ~+7 be w{[aed i~ ~Eole or in Wrt. sed tst Dro.4ions hereot iAall estend to tReir hein, ~utecr~•~ and wisns. Aut no eMnte or dlwioe ie o~aenAip of t6e I~ed, reftab or ros~)u~+, ~~~+~r ~e~mpli~hed, •Aall op~nt~ W•nlar~r tAe obl.~uiona cx dimmwh . tAt ri~Ats of I.see: and eo cA~n~r or diw~oa is sacA o~~enAiy ~lall !t liadint o~ I.Mer aatii Nirt~ i~~1 a.n a(ter Ls~er ~Mll Aave Ecrn furni~hrd Dr raYisured i1. S. auf! ~t Iws~ee'~ o~ineipal pfaee ot Mriew ~itb • tertlfied c+~~ N reaordN irrtrumtnt or i~trumenb erid:aeins ~arne. In tfK r.~nt of ~ w~emewt here~o! ia ~bok or in part 14l~fit~ for erwtA o( •e~ oDli~stiew lera~wder ~Lall ~st eiel~riod~ apo~ tAe mrner ot thi lease or of a portnn tAerw of wb eoraeiL ~ueA ?n+eA. In tAe sveet ot tse da~t? ol u~ pesw~ entitled Oo ren4L benusdrr, l.erce ma~ pa~ or tenAer •~~eb rentab to the eredit of tA~ decwad or tAe atate of tst ~ee~ra~ oatil ~ue~ tlme ~ Le~w~t b[ura1~l~ed witA oroyer evideeee ot lAe •ppofata~ent ~ad autlffe~atioas of •n taeruter or ~dialaYtrator ot tAe state, or it U~ere !e eo~e, tLea attil Le~a~e i~ turnf~Yd rit! evidesoe s~tY(actor7 w it u b tAr Aein or devree+ of tlie dec~~e+l. •nd Wat all 8e6b ot t6e e+tate V~e Deea ~aW. it ~t u1 v~ ~ ~e setidad b p~rtki~te in tAe nntal pa~aple Dereunder. I,cr~ee ma7 a7 or te~der MW re~W Wi~t;s io .vci De+wir o? to tseir loi~t endk i~ tia iepo~ita7 s~mad ?erei~: or. ~t I.see'~ ekclion. t~t Vro~rtif+n~te v~K o! uid rental epo~ bo ~lics e~e\ Wrtieiy~at D entlti~d sa~ y~W or f~ad~rd L!!~ t~yaratib or to Air ~eparate eredit 3n said d~puitosT: and pasa.eat or tendrr to anj _ particip~et of AY oortiow of tAe re~l~L ?erea~8er ~VO wlefaia tli~ krt u W~reY P~rtkfp~nt In ereat of wi~anKSt of tLi kue u m s~esretaW p+r- - tb~ e! Mf1 4a1, tie rr~taM yanelt \aw~ier aWl M~poarttar?M r Mt~era tM serenl ler~bd~ owaen nt~W~ st~+ordiw= to tAe n~r(aee area of eaeA. ' ud defult {a re~L! p~sa~*t !s oee ~6~11 sot ~ff~et tM ris~b st o1i~r kw~o1~ o~ners A~rwader. It •in or ~ore p~rtla~ eernm~ ent~efe~d w ro~alb ?ere. o~sv. I,rM wltaldd pa~tse~t tbereof uil~ a~ ~atq twrsYi~i ~it~ ~ r~eor'V!N f~truse~t aecoted b~ •Il sue~ artis de~i~w~tis~ •n ~e~t b re~ v : cd~e p~7e~wt tor ~IL .,O UR f ~i~~~ i~s ~~~f 14yz