HomeMy WebLinkAbout2631 F':\~I: : . t
(`T 1. , ~ 1~ \\P ~+I'~f:F: 11. LI':~SC t
i.\~1.~'11\G I=1:(~~i t:~e aho~•e descriheel rarcels:
111 rib;~t~-of-?.a~• for rublic r~acls.
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11~~> rx~ePtin~ ti~er~~fr~~r.~, a tract af lanei in the ~1:'a ~f \l.', of ~ecti~n 5,
To~,~is:~ij~ ~t> Soutl,, ~:~nse 3~ l:act , l.ein~ ~~4 teet , l~~• ~SS teet , con~f~~•ec'. ;
.',~3ar~; ::anrli~ Ii1C. to Flaric!a 1'o~.•er ; l.i~ht i:~r,I~an~•, ~ Floricla corrc~ra- ~
tioz;, i~y l~eed ~lat~c~ `'arci~ 1~~e~S, recordc~l ir ~ffici~l i.ecord Gaol: 1"1,
j~a~c ~~~3, of t~~c I't~'~1 ic ::c~corc!~ c~f ~t . Li~: ie C(~i21it;~, F2ori~'a. ~
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::nc' a1~;~ c•xc~~rtinb ti~erefr~~?~ a tract cf land containin~ OI1C acre l~-ind ~
:~orth ~~f ~tat~ :.~ac'. :~c~. 'c~ in ~~~ction b, ;o~:~ls?ii~ 3(, Sotitli, Rangc 3~ I:act, ~
li1ti~'u L~~' .~~~;il;Ij i.:l:llil~ ~IiC. t0 Flori~'.a iiOc1T'cl Of FOT'CSLT;' 2~)' lt'8~e c~3L~'i~
';arci~~ 1_~~~~, r~corc?e~i in t`ffici;l i:ecor:~ i~oo}. tit~, ~a~e 3Rt~, of t~~e
t'~~blic ~:ecord~ ~~f St. I.i~cie Co~l»t~-, i'lori~~a.
an~l, in aclciition, an~• anc; alI land arcl ri~;lits and interest in land o~~necl
c~r claiu:e~l Lesser~ aiid aclir.cent c~r conti~~~ous to tiie lanc? abo~~e c?escrihee~.
'"li:ere i` exctFtecl anu excluc!ed fron, tliis lease and reser~'ed and retainee'.
to :.essor, all sedir~eniar~• ~rinerals iiicludin~ san~l, clay, lir~estone, c1olo-
n~itic lir~estone, chert, flint, marl anc] ~Iiosphate, above ft. in c'.e~th,
a~~~': Lcs~or rescr~•es the riglit of ~riinin~, rroce~sing, and tran~~~?rting or
~,~ar~.etinb tliese se~limentary oinerals excertec~ from tliis leasc. ~il, gas,
~~:l~i~ur an~' salt, ~:here~•~~r situatecl, are not exce~te~I or excluded from
t::is lea~e, a?~c': no r~inerals sit~ated at a c'erth in excess of 20 ft . from
the ~urface of t:ie lancl co~~ered b.• tliis lease are excepted therefrom''.
F~r t;ie ptir~ose of c'.eterminin~ the a~nou~it of an.• r~one} Fa}•ment iieretinder,
i~~cludin~ tlie do?,n casi~ pa~•r~ent , saic~ ~re~ises shall he treated as com-
~risinp 14,~('~ acres, ~hetiier tliere be ~^ore ~r less.
' Sut~ject Lo tiie otiter provisio~~ her~~in zontain~d, this lcase shall be
~ for a term of fi~e ~•ears fron~ this date (called "~rir~ary term'~) and as Iong
r tiicreafter as oil , aas or otiier mineral is produced frc~m saicl land hereunder
: or land ~citii ~.iiicii it or an~• ; art of it r~a~~ be pooled.
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~ ::o~-alties to ~;e paid by iessee are: ~a) on oil, and on condensate
~ sa~~ec3 at tlie ~tiell , one-ei~;l~t11 of t}iat Froc~ucecl and sa~-ecl froc~~ said land,
tiie sar.~e to l~e c'.eli~•ered at the weil er to the credit of tiie Lessor in t}ie
~ ; i~e line to ~;tiic:i Lhe ti:ells ma}~ be connected; Lessee r~ay from time to
~ ti~;~e purciiase an~~ sucii ro,valt~- oil or con~ensate in its ~ossession, pa~•in~
~ t~~e r~arl.et ~rice~ therefor prevailing for t}~e field ~+here produced for oil
' or coridensate of li~.e I.ind and gra~~it~• on the date of Ft~rchase; (b) on gas,
~ ~ ~ ~itbstance roduced from said
includin~ casin~.iead bas or other gaseous , p
" lancl ane3 sold or t~sed off t}ie Fremises or in the ranufacture of ~asoline
~ or otiier prociuct tiierefroi~., tlie ~arket value at the Hell of one-ei~hth of
~ t,ie ~as so sold or usec', pro~-ided that on ~as solc3 at the ~:ells the royalty
sha11 :~e ~r.c-ei~i~tii of tiie azao~~nt realizec' fror~ suct~ sale; if at an~- tir~e
or tir„es, cit::er e'uriab or artcr t`.ie Primary tern, t'.iere is a~~ell or kells
capa;~lc of ~;rocauci;~o oas onl.• cr ~as aild liquefiaL~lc hyclrocarhons o.i ~~id
~ land l~iti~ ~~i?ic:~ it or an~~ part of it r~ay be pooled, hi~t st~cli s~~hctances are ~
= n~t solz' ~r u~ed off the prer^ises in Fayin~; quantities, and if ti~i~ ]ea~e ~
is iiot ot;,er~~:ise t~ein~ r:aintained in force, it ~?~all ne~-ertheless ~~e con-
- si.':~re~l ti~at suci~ substance or sut:stances are t~ein~ ,~roc'uced and r~ar}:etec3
= in ; a~-ir.d qtia:itities c'uri;~:~; all ~t~~:; tir~e or ti~es; ~~.iti~in si~:t;• (f~~1) da;~~
- ;3~te:r~ tlie tx,•ir:~tio~l c~f eac;i ;•ear ui~rii~~ i:hicii t.ot:i st~c:i aforer~enti~nec'
- c~nditioi:~ exi~t, l.t~ssee shall ; ati• ro~•alt;- to t~ie ~artie~ ~:}io ~~nttld l~e
= entitlcc! at t:ic~ e?~.1 of suc.~ ~•car to ro~•alty ~n actual ~rocsuction of surlj
si,~sta:ices a siu:~ ec~ua] to riie ar:~ot~r,t, if an~•, i~l~ich t}:e rental rro~~idec'
:ierein as to ti~e acre:~be L~1(I] co~~ere~? u}• this Iease (i;hether dt~ring or
~ aficr ti~c pri~,.ar~' terr} exceeds tiie total royalties ~+aid and raya?~le here-
' tinc~er on t~.e ~~ctual ~roductien of oil, gas and other minerals durinS suci~ i
_ }•car; ar.?- suci; ~a~•r,:ent rra~• be ma~?e in t~ie r~anner Froti•ided herein for the ;
l~a;•merit or tenc:er of rental, includin~ all terrs ~:ith res~ect te tiie c?eFosit <
c~f same in ti~e c'esi~nate:' ue; ositor~• han~:; k•here an~• such ~ay~ent is r~ac!e
?.iti? res; ect to t~~o er ~~ore kell:, the amot:nt of such Fa;•r~ent ~hall for all
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