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HomeMy WebLinkAbout1910 8. 7~e Drc~eb I.naee ot aey obli=ation Qereunder tlull oot ~cork a torleilurr or trrmin~tw~n of t~u Icasc nor be cawe for c~ncell~tioa herwf in wbote r in part uve u hrratin expreutg pruvided. 1! the utli~ation shuuld rr`~uin tAe drillint of a~r~11 or we14. l.eeee ~Aa11 6are niaH~ 190) days atter tht ~neiDt of ~?ritten notiees b~ I.easee (rom I.es*or ~peeitieally ~4tin~ thc Dtaye? ~lleFel b7 I.eewr vithin wlic\ to Ae~in operation~ for tAc dNltint o[ anr ~ucb a-rll or ~relh: and tAe only prnaltp for hilure w to do ~hall Se the termination o! tA~s leat aace u W fozty ~~0~ acrd for eac~ weq bein~ ~orked on or n~~~ducin~ oil or t~. to De ~elret:d by Lassee so that rach tort~ i~01 aere trst ~ill embrac~ one ~uch ~eil. A(ter the diaeover~ of aL sas or otAer mineral er. payias quantit~es on said prrmuea, I.easee ~Aa11 rrason~El~ de~elop the aera~re retained Rereunder. Dut in di~eAar~in~ t~i~ obli~~tioa it ~hal1 i~ sp went be repuirid to dri11 more than one weil per tort~ (t0~ ures ot tAr area retatned Ae•r~under and eipab)e of yroducins oil, tq or otAer mioenl in p~~ie~ cuar.tities_ 10. I,e~or Aerrbs warnnu a„d a[ree~ to delend t?K title to raid lae4 ~nd ~ras that I.eree at iL ov«n ee~~ di~cAar~e ae) ta=, motts~e w otAer lien upon wid I~nd. eitAer in wAole or in part, •nd iA ereat [.e~ec does w, it •A~11 Sr wDrosated W sueA lien ritA ri~at to entQrce ~ame and ~pDb rcau4 aad royaltis aecruin+ lxr~uader toward yt1!(Y~T[ uwe. Witlwut iapainaent ot I.ewee'~ ri~A4 undtr tse warnnt~ in e~ent ot t~ilure ol title, it ~s as~eed that it La~tor owru ~a iatere~t io uid l~~d I~w tAaa tAe entin tee simple esLte. tAen tlx w7attNs •nd reetab W pe p~id Lar~or ~A~11 ae reduced Proyortion~41~- F~ilure of I,wee W reduee nntal paid 4ereunder aLal1 not impair tAe rijAt o! Lewee W nduee rosaltie~. All ro7~it~ interst co.e~ p~ tA4 lere ~wAetAer or ewt owned Ar le~wr? slwll De p~id out of the ~oyalt> 6~rein provided_ 11. Snouid I.es~ee pe prc.•ented from tomD~T~n~ eith an~ e:otc~s or imDT~eJ e~••ensnt ot thu ]eue, fron? ooeduetint drillin~ ur n~orkint oper~tiom :hereon or trom prodoeinR oil or Yas tMrclrom Dt reav.n of u~nitt of or inabilit~ to oGtain or to vu evuipment or material, or Dy operation ot !om *n~icure, or ~nY Fodenl or .tate law or ~n~ ordcr, tvle or rettulation ot tovernmaotat authorit~, tAen ~hile w preveated, I.saee'~ uDlitation to tomD~1 ~~tl ~oeA rc.vcnant ~~all De suspendcd, and Les~ee ~full nnt be tiaDle in dRmun for ta~lure to mmv1Y thrr~~ith: and tAFs )eare shafl be eitcnd~d sbilr a~d sa loat u I,wee i~ Drevested ~7 anT sueh cause froa eonduclin[ drillint or reworkinC oper~tior.• on or ftom Drodueint oil ot tu irom t1~e Ica~ed yn~mises; ~nd tAe time w6ile Lae~ee i w Drerented ~luti not be ccwnt~d atc~irut Lea~er, aasthint in thp lease to tAe eontnr~ not~.itMundin~. 12. The undersitued I,es~ur, for Aimselt and hu hein. ~ucees~oes ~nd wipns, heicD~ ~urrrnden and rel~aaes all ri[h4 ot Aaanatead in tLe premiw h,~rein desen~ed, in w t~r as wid rishL of Aomestr~d mw~ in •n~ rraY •ffoet the purpwe for ~sAieA tAia lease ia male u reeited AtTljp~ apd a~rees tt~at tse aocwl drillia~ determ~nt reata! pa~mrnu rw~ie W Le~sor u l~errin Dr~vided vrill tully Droteet t6i~ lea~e u to tbe [ult inLrresu ot Uu undeni~ned. ls WITNES3 WHERFAF, thi~ ieuvumer.t i~ sisncd. ~led and delivered at tAe da~,e lirst ~Eo~e vritten K I'PNES.S : y AT~ST,J ~_k-~,Zd-st/V RU INC.---:-- ~;-ceanL~ '~arga~i t H. Carlton, Secretary E • ~..~l~~.i r>-r.3~ - - - ~ ~ liSAL) - - - eu~en Wright arltor~y` ~c~`en~~ , _ ~ - Si~ned~--Sealed _and_ Delivered_ in _Our_ Presencet S,~;~Q._~6~--1Q _ z t~,~ ~ ~~f : : , - -4= - ~ - .s, ~ . ...~L - , ~ ~ - ------------------------------------~------------------~--s- ~ " . • ~ ~ ~4- ~ • ~ . ' ' ~ ~I1L - _ , _ ~ ' ---Ft.~.~~:~f.; --t8EAL) ~ 4 ~ y~~A r } _ ~ y~ ~ y'~r+r- t. ~ This Instrument prepared by: j 3ichard C~ Bradley, ~ } u. 406 Rollingwood Drive, Jackson~ Hi,ss.39211 i ~ i ~TA;E OF FLCRIDA G. i 27TY OF iAINT LIICIE I HEREBY CEF.TIFY that before ne personally appeared aeuben 1Nright Cax~lton =:tnd ~-~~arltoa ' , respectivelq President and ::ecretary o3 $U•,~8~ INC.~ a corporation under t~e Iaws of the State of Florida to me known to b~ the>p6r-e~ons-described in and xho executed Lhe foregoing instrument and severally ; ~~Slto~lec3ged t}ti ~;axecut2on thereof to bs their free act and deed ae such ofiicers~ for the ~ usep. and ptrpo~e¢ therein mentioned; and that they afiixed thereto the of~ici~l. seal of said ' 's corp~~atioa~ atld-t~ said instrument is the act and deed of eaid corporation. i = AI~$3 apr~ 2le~d aud oificial seal in tbe county and te last aforesaid this,~~da`y ~ r ~",R ~1~i/f" K f~• D~ 1971• ~ a ~ [f 1 O tII2'y 1C tLy Commisaioa eapires 5~~~ E E-~ _ " . _ t. i~79 liE-i<C~~i. ~~.;.Vf{I-N~s.t l.i~i.?i~it;-~17t.Ft3~ ~~C.. 9