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,.,.•`~~F ~ATE dF FIORIDA
~~~~~C.U Y s,,,~luaiMT/~RY
~-v'~ SUR TAX ~
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~1.10 ;11.00
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It U tM Intmtloa ef t.wor ud l.ea~ce tlul thls lau ~Aail Wo InNrAe. ~nA tl~ere la AereEy lncluded. tr~nt~A. NarQ W Nt. fx tAe id?pne+ ~aA wo~fAer~tlao
nerein stat~A. W tAt laad o~eed er eL10W bl Iwawr. ~dJ~aeat or eooqt~a~ W tde I~nA O~Kleuta+b descrtbW t0o~~. ~Mtber W~~ M In MIA ~ectloe or sectlm~.
[r~nt ar ~r~nts. ar ta ~dl~ nctloot x R~4. tltMU~A mt 1xIn6W ~1t61n t6e Eound~rla d tM Lnd parua~Lrb d~wtMe udr~. Tot tb~ Wri~ of 6etsralnta~
' ~n: .soun~ ar w sones v.r~os n«wn6er. ~ne una, eaem aWer~wa an.u se eR.ue wav~+•+ns--.~l.a-'47..S.aQ..Q .eae.r ~eere ee a~«. ;
F cr bp. ~ad b tM ewnt d• D~ttW anknoent ot wrrtaA~r OerereMr. th~ rYped or wurmdend C~~ Ot ia~~~ sdll M 6Na~ to emtals tM s~~ei d~cra~
~utW In wch utlseMOt er wrr~ods~.
I Y. Snsi~et to tbe otber D*o+~+o~ ~~a eonLined. tLi~ k~e ~Dall be for t term of ten re~+s [rom tbi~ d~te (ealld 'brtmarT term") and as loa[
thereatter o oil, tu ot other miaenl i~ Droduced from said I~wd or land~ with a6ie6 uid laad is pooled hereu~der.
~ i. T~e rosalttes tn be yaid Dr I.rsee art: on oil. one-eit~th of tlat produeed snd u~ed /rom uid land, the ~amc to be dctimrd at the wdb or .
{ W the credit of I.eMOr ~ALO p~p! IIA! to ~hieA tAe we1L maf ~ wnntcttd: I.s.+ee ma7 trom time to time porcLasc ans ro7~1V oil ia its paaes~iao.
i D~Y~~t ~ m+=~~t priee tberetot D~~iliat for tLe tieM wAtre produecd on the dwte ot Onrc?we, in eit2~er ease ~ueb totcrest to Drar ib DroD~flqA o[ ~a> ;
~ rxpe~sr of treatins ~p~KA~ntable oii W render it merehantabk a~ erude •(b) on ~u. ir.eludint euiashead ~u or otAer ea~eoo~ ~u6staace, produoed 3
~ from said Iand aad wld or a~ad otl t6e O~~ ~ ia t6e enanui~eture o[ t~liae or other prodaet tberetrom, the market ralue at tAe wdl o[ ~
one-eiihtA of thc ss~ W fOld or ued. Dro~~d th~t on su sold at the we14 thc ror+1t7 sLV~ be onKise~ ot tbe amouat realiud from ~ue6 ~ale:
' w~hcrc sas Irom a cu wd) i~ wot ~old or a~e'd. I.e~ee mas wr .s rolalt~ i100_00 pcr weU Der rcar sad i! ~ueb paT~eot i~ made it sill be eonsidered tlut ~
~ Ru b beint Droduecd wiWiu tbe meanint ot Parasr~ps 2 I~ereof; and (e? on aU otDer minenb ~nlned ~ed markcted, oec-t.nt~ titser in kind or r~lue ~
~t the well or mir.e, ~t Leuee'~ ekctiq~, e:eept tbat oa wlphur mincd ~nd eurketed, tbc ro~alb ~I~a11 De titb eenU (b0e) pcr brs toa. I.sxe ahall h~re
; ti ee ~se o[ oil. tu. aoal. ~?ood and water lroo~ said land, e:ceDt water froan I.swr
• we1L. [ot all operstioas henaader. and t6e ro~altr on oil. tas and
~ cual ~lull be comDuted alter deduetias an7 1,hwr a6a11 Aave tbe Dri~ik:e at his ti~t aed ~perre o( usinC tu from ae~ tas well on ~aid
~ land for ~to~n and in~ide •lishb in the v*;~~w~ dvell~nt thereos out ol au~ ~nrplos taI not nceded (or oD~ratioe~ Lenunder. 3
g Lcsace. at ib option. i~ Sere6~ si~ee t6e risbt and power to yoo) or eomEiae tbe ~e+ate eo~ered bs thu leue w aW Dwtion tlcr,~of ~ilA o16er ~
~ land, le~e or lea~e~ in We immed'ute ~ieioit~ t6ercot, wben in I.erste's judsmeut it i~ ncea~ur~ or adri~aDle W do w in order p~»perl~ to devebp and op-
rrate uid premisn in eooD~y~ ~e> lawtul ~p~ein~ rules whieA ws be p*exribed tor tlie tidd ie ~rAie6 tb's tesse is situated E~ anr dul~ aulhori:ed
suthorit~, or whea fo do w wonld, in tLe judtment o[ Lesace. Y*'omote tbe tooserrat~oe of t6e oil aed tu in aod under nad that nur be D~~ecd frwa
E ¦aid premi~es_ Lcwee ~hall eieeute in writinf an iastrumeot identifrint ~ud deseriDias tAe pooled acrea~e_ Tbe entire •ereaqe so yooled ir.Lo a traet or anit ~
shall be trdled, for a11 Durpo~se+ e:eept t6e p~7~t of ro7~lties oa pfOdOllWO /fOID LA! DOOIld Y4~~. u if it wert iMludeel in tnia leasr_ If D~'iuetion i foued
~ ~n the pooled ~crease, it ~6a11 De treatcd u it yrodaction i~ lud (rom thia lease. whetAer tAe well or rdb pe beated on tAe premisis eo~ered b~ thu Icue or
~ r.oi le liea of the rol~ltks ebewAere 6ere:n specilied. Iwswr shall ~tlC1Y! Ol~ DtOdCtljOA irota ~ unit q pooled onl~ sueh porlion of tAt royaltr ~tiDUlated
~ hneio u the amount o[ hi~ aere~re plued in the unit or 6i~ m7~lt,~ intere~t LAerein oa aa ure~e b~i 4ean to the WW acreaFe w pooled in the particular z
unit involrcd.
6_ 1( opcntioa~ for driltins are not e«rmeneed on wid Lad or on ~ere~Te pookd therrwith a~ ~Dove D~ridcd o0 or beforc one ye~r from thb date
~ the lease ~hall chen terminate a~ W 4oth parties. ualm on or eetore ~ueh snoirenan d+k I.e~e~ ~Aall pa~ or tender W Lc~or or W tAe eredit ol I.ssor
~ ---''he First Nation~l Bank of Miami---------.--------------s.,,t .t_-- Miami ~101--------------------------• F~;a.
~ ~.~hieh bank tad ib ~uese~wn ~re I.e~ni• urnt •nd ahall eoetinue ~ the dqwiWr~ tor all rental~ Dafable bercander re~ardlw t eAao=n ie owoetsIIip
~ or ..;a ~a o~ ce~ m?ati~ e~ .nm or__ ~??tY_ ~?g_ ~?ousand _Four Hundred Seventy Five an~ Pb/lOC___~___ ~~L~
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~ (t 21 f~;7~~~~------1. (herein ealkd reaW). ~6IeA ~hall ao~er the yri.ile=e ot de[errini epmmeacemcat ot drillins operation~ for a ot
~ ewelre (1!) enontM_ In Ilke manner and opon like parment~ or tendcn aenaallr tlx wmmeneerneat ot drilliat oper~tiona may be further deferred tor sne- ~
,~y cessi•e pviodr ot twelre (12) mooths eu~ durios the prio~ry term. ?he pa1~nc or tendcr of reatal m~f ~ m~d~ br tM eseek or dratt ot I.es~ee ouiled
or delirered W I.cswr or to ~aid bank o~ or Oetore ~oeh date of pa7ment. ~ue6 Lank (or ~a~ suewaor Sank) ahouW fail, lipuidate or be ~neeec~d~d b~ an-
otAer b~ak, or tor an~ reason t~il or refwe W~eeept rcnbl, I.wee ~6aO uot be held i~ defanlt for f~ilure W make ~ueh parmeat or tender ot rental nntll
~ tDirt~ (301 ~l'~ after I.eswr ~ll dellrer to I.eret a pr~oper reeoraabk iwtruroeo~ oamio= anotAer eant u a~ent W rceri.e ~oe6 pa~ments or teaden. 7Le
~ down w6 payment is consid~r~tion for this Inse ~eeordia[ W ib ternr aed ~6~11 not Ee alloeated u mere renbl (or a period Lessee ma~ ~t ur time
or t:mer eseeuk aAa AlIIYK LO I.esor or to t~e OeVaiWry a0ove named or DIsle ot rceord a reteax or r:Ita~c1 !O~lfiaL iA1 DD~~n a O~~d O( 1p0~! dt-
bffl~ld Dft~Pl~ lOd tblilb7 ~II~ft41~lT ~l1f! ~s W~oeh portion Oi ~Oi~qd tOa b! lt~~l~!'d Pt l~! Od~~gilWOa Y 10 l~l! aCilat! ~urreada~d. and tArre- ~
~-a etur tDe rentah wr~ble Ocreunder ~t~ll be rcdueed ia the pwportloa ehat the uresse eq~rcreQ 6erc0y iu ~edueed A~ aaid relea~e or reka~e~.
6. 1f prior W di~tovtr~ oI oil. ~u or other mineral oa uid land or on weate pooled therewit6 I.ruee ahoutd drill • dr~ bole or Aole~ thereon, or if
3 •tter di~corer~ of oi4 i+~ or other minenl, tl~e prodaetioa thereof ~bould ocue from ~a~ eause, thi~ iease shall aot terminate if Lesste oommtaees additioaal
drillia~ or reworkint operwtb~ witAia i0 d~1~ t6ereatt~r or it it be witbin the Driman le~m, eomm~oeea ~r resumo t6e ps~ment or tender of rent~b or com-
mcnets operatiow tor driUias or reworkins oe or before the teutal p~~int datc ae~t ensuin~ a(ter t6e e:Dintion ot 60 ds» trom date o( canpktion o[ drY ~
Aolt or eeMatiw~ o! produetion. It ~t ~e7 time ~ubepueot W ~i:b (i0) d~7~ Prior to the besianiai ot t6e lut ~ear of tLe primar~r term and prwr W the dis- ~
coverf of oil. ~u or otber mioen! oa raid laad. or on ~erea[e pooled tAerewitL, I.es~ee ~?ould drill a drr 6We t6ertoa. no rcntal p~>meat or opentions an
necewan ia wder W teep t6e leue in toree durint ~~~inder ol ehe v~imar7 term_ I( at t6e apintion of the D~~rs term. oil. s~s or other min.
cr~l i~ not beias produoed on ~aid l~ad. o~ ow ~ere~se D~~ ~~it1?. but I.eaue i~ tkea e~~ed In drillin~ or reworkin~ opcntion~ thereoa or slull lu~e
'Wi oomptcted • dry Aole tsercow ~rH6in ~in4 (N) ~r Prior to tb~ eud ot t6e Drim~r~ tens, tbe lea;e thall re~ie ia [ora sQ bos u nperations are pra~ecat- ~
- cd witb ao ewatae o( awre tb~a siab (i01 eoe~cevti~e d~ys, ~nd il t6e~ result le tie prodnetion ot o'.1, s~ or otber miaeral, ao bnx there~tter u oil, ~u
or other minen] i~ produeed iroa~ ~ald Ian1 or ~erca~e pooled tAere~riti. In t6e ereet ~ wdl or velb prodoein~ oll or ~ in ya~ins .ouaotitia ~6onld be
° broa=~t ie on adi~eeat Lad aad witAio ooe Aoadred tifb (15~~ teet ot aaa dral~ias ~e k~ed P~~. a uni[e F~kd there~nlb. I.nsee ~rees fo 1
drill ~neA ofbet wdb a a rnwnabb pndent opentar wodd dril vader t6e wme or ~ieilar eircumstaocrs. ~
7. I.eMee sAall Aave tLe risTit ~t ~sy- time doria~ or a(ter the aDiratba of tAi~ lea~e to remove all propert~ aad ti~tures vt~e«l b~ L~scce on wW ~
l~nd. iacludins ~ ri~At W dnw an~ re~o?e ~tl e~sins. W?es revaircd bf I.wor. I.ea~ee will Dur~ all Pioe ltna eebv ordiaan O~w depth. ~ad no wcll ,
•Aall pe drilkd witdia t~o bandred (200) teet ot u~ rsideoee o~ bare so~ ow wid land witlwot Lawr'~ eossent I.c~see i6all be responsible tor all ~
dam~te~ eawed Es I.es~ee'~ oper~tio~ benaoder other tlas ~a~ss seessarib awed b1 the e:crei~e o/ t~e rithb 6crcie s~nt~d.
8. ?Ae rishts of eitber v~rts senaader m~7 be wind i~ whole or ie O~rt. ~nd the Vrosbioas hereo[ s6~11 e:tend to their bein. ~ueec~son and ;
E;; aasi~eu: pat eo ebanse or diwioo fn owoarship o[ tAe Led. reatab or ro~altih. Ao~e~er ~eeomDluhed, ~Vll operate to eelarYe tbe oDlisations or dlminub `
the rissv ot I.~rec• ~ad so chaose or di~i~ioa ie weh ow~uship ~La11 De ?indis= o~ Lssee until t4irts 1~) d~l~ stter LeMee sAall bave been furniuhed b7 ~
rKUtered U. 3. mail ~t Les~e1~ V*~a~l pLee of Mniasr witD a etrtified eo07 0l reourded iNtrnseet or itrtrame~b e~ideaeins in tMe ertnt of '
~ei wi~eme~t 6enot ia who{e or is part Ii~Ailit~ [or bre~eh o[ ~e1 ubli~atioe ?ceeander sW! rst acd~ri~ opoa tbe awna of t6'r Iwe or ot a portion tberc- s
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ti ot wb commit~ ~ues ereaeD. Tn tAe ereat o( tbe dtat6 0! a~~ petsoe mtitled W rm4Y bereender. I.ea~ee sa~ ya~ or teodet weh nnLL to tbe er~dit of ~
r; the dece~ed or the e~Lte of tAe deeered uatil ~~cD tlme r I.e~see i~ lorni~bed with DropQ e+ridcnee of tLe ~ypointseot ~nd Ywlitications ot aa e:eeo~or or ,
- ~drohi~tntor ot t6e e~Lte. o~ it tbere ee ~oee. tae~ owW Iw~sce i~ tornbAed wits eoi~e~ee wtit~et~ to it ~ W LAe IKin or de~isee+ of the deeerM, aad ~
ehat all deeb ot lhe e~tate Ya~e leea WW- 1L at w tlse two or tsoer~~so
er h nt:tl~d fo Oartleip~te ia LAe reeW ws~le Aerennder. I.o~ee ma1 P~7 or ~
teader wW reaW ioinUl fo ~oeA Perw~s or b thtir ~olat uedk ta fat deVaibrf wa~ed Yereis; ar, at Ls~ee'~ eleetion, tLe proVortioaa4 Wrt o( wW reeW ~
e
w wAieh e~d v~kiwot i~ entltled wa7 !e yaid or te~derad to 1i~ ~eoanteb or ~o Ab ~eWnte eredit io ~aW devaitor~ •~nd w7m~ot or tender to aw
~a~ partkipaet ot hf~ portlo~ of tLe reot~b lecea~der asll saletah t1i~ le~e u W~oeY,oartkfDaeL ie e~mt ot wi~arweet ot thir leue u W a~e~re=ated por.
tY eton of MW I~ad the netaL v~s~ek ?ereosder sWl !e ~pportl~a~tiM • tietweea tiE• ~en! {ere6oH o~wers r~tabl7 aeeordi4 to the ~urf~ae ~rea ot atA. p
- •nd det~ult ie reaW p~~ment b~ one ~6~11 ~ot at[~et tbe r4[6fs ot otler lere6oi~ oRSm bereoeder. It ~i~c or oore partks become entiUcd W ro~~Ib Yere- {
uader. I.r~e m~1 witb~old O~s~~t t6ereot a~lw ~A o~W tnrai~l~i ~it~ a reeords6k inrtrumest esceotad M~Il ~'e6 D~rtks desisnati~ an ~sent to ra.
r{ cein Dv~*t for sll.
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