HomeMy WebLinkAbout1843 , J y~• ,.7~ ~~t, ~ ~ • ; ~
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~ - JUN23'72 `•j~~'' ~~1
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N Ufif.~F P.t:i14C~' '~+n~' - •
P.B.19o~~t
lt U tM 1Mtntloq of Iwror ~ad Isaaee Uut t1W lease adll Wo IpdrAe. ~ there 4 AereOy lacluded. R~nted. 1la~W ~aA Nt. to~ {p~ purpyey and cppsWer~t4n
Eenln st~t~A. ~il tp~ iaud o~oad or dalmeQ pr l,sssor. aApoent or ooptlinoa~ to tle I~nO p~rtlcul~rl7 CeurlDed ~Oore. oAe/set tA~ ra W lp p{Q KctMp pr actlm~,
[r~ut or ~ranN. nt tp ~4}teat MetbW M[r1n4. altt~wt4 oot lnHUd~A ~ILAIO tht Oound~rtq oi [he t~ad ~rUcu4r1~ Atscrip~A t0o~~ ~pt tAe purpw! o( tletermint~
lAt ~mount o[ ~af moDq V~7~ot hereuOdtr. tbe I~nds berNa dqcrtEeA flWl be tiealed u comDruln~ ~ j~oJ.! oY acrts. ~~tA~r tl~ert De mOrf
ur leas. ~na In tAe c~~at at • p~rtt?1 yafsnment or rurre~er SercuAAer, tM ~ai~M or r~~rendered
porttm ar poruor.~ s6a11 be deemed to eoctata tM numOtt ot anea
wted tn sueh ~ut~omeot or wrrender.
Y. Sub)eet to t~e otAer Dro.iyion~ herein contained, thiu ka~e ~Shc be tor a term ot ten ye~n from thu datt lu0td "Drim~rp terrti') and Y IOp(
tAeceafter u oil, ta~ or othcr minec~l u pTOdueed [rom ~aid bad or iand~ ~rith which ~aid land is p.wl.•d l~rreunder. !
S. Tl~e royalties to be y~id Dr Lcs~ee •re: 1~1 on oi1, onrei;Ath ot tl:~t Drodueed and •~ved from eaid land, the ume to be Aelivercd at thc welb or ~
w the er~dit o[ I.a~or iato ti~e D~De line to ~hic~ the ~re1L ma~ De eoanrcted: Lesxe mar from timr w time oureAau anr roralty oil in iu p.m~~sioa,
, D~Y~n~ the market priee thert[or DrcrailiOS tor t6e [leld wbe~e Droduced on the dwte of Dtre~ass. in eith~~r ~asc •~xh int~rest tr. Ixar itr proportii.n u[ anr !
eapenar of trert~nq unmerehanbble oil W repdrr it mcrc6an4ble o erude; ~bi on ~ai, ireiudina ea~inahead ~n~ or othcr ~aseou~ •uFutancr. praluted
froen ~aid ?and and wld o~ wed otl t6t D~~ae~ or in t6t aunuiutu:t d Qawl~ne or otl~~r prodact thrrefrom, the market rslue at the st~! of i
one-tijhtb of ibe sai ~o sold or wed, pro~ided that oq su Wld ~t the v~clls thc royalty •hall be one-ti~6t6 0( the amount realized from ~ueh stle:
whrre ea+ trom • ce~ ~rll u not wld or u~ed. Lc~ee m~y DaT a+ ruYalt~ 1100.00 per we11 per ~car •nd if sucA payment q made it +ci!! be eonaidcred th~t
Yu iu Ireint Droduecd within t6e meanin~ of Pars~raDb 2 hereo[; ~nd (el on a11 other minenb mined and nwrkc~d. one•t~nth eithcr in kiad or v~lue
at the well or mire. ~t I.taue'~ dettion, exuDt thaf oh ~vipAur miacd •ed m~rketed, tAe roy~ltr ~As1} be filt) rents ISOe) per lony too. I.esaee ahall ha~c
Lee use ot oil, Qu, eoa1. wood anQ water (rom uid l~od, exccpt water irom I.s~or'• rrlb, tor ?U operations hereurtdu, und tlie ro>alty oe oil, s~s and
cw! il~all be computed alter dcductin~ aa! r~ wed. Lessor thall hare tAe pririlere it hia ri~k and e:D~~ of usin~ Qas [rom an>~ ~ax Kell on said
land for ~tovn aad iNide IiaAb in t6t Drineiyal d~r~llins thereon out of a~~ ~urDius Qu not needtd (or operations t~creundcr. -
t_ Leaace, at i4 option, ir Gereb~ s+veo the riaht ~nd yo~rer to pool or tom~ine Ne ocrcaje corered Dy this lea~e or any por:~on tl:cr.rof r~ith other
land, ltut or icasp ie lhe immedwte ?ieinity thereof, w6eo in Lesaees ~ud~meut it r ncecssarT or advuable to ~io w ir ucder prop~rty to dc.-elop and op-
c~ratt swid premiw in rnmplianee ~rit6 ¦ny las[ul ~puint ru)e~ whie6 etu~ be preseribed [or t!+e (~eld in w!~ieh this le~se u situated br any d~ly authvriud
~utlwrity, or whrn W do so would, in lhe judtment ot I.esste, prwnote the tooservation o[ ti:e oi( and Ru in •nd under crtd tAat rr~ay be prwlceed from
~aid DRmisea- 1.wet ~AaO txecutt in srit~n~ ~a instrument identityint ~nd deaeribin! the pa~l.d acrraer- Thr entire •cres~r sa pooled ir.to a traet or uait
shall De ttated, for ~11 purpoae~ e:eept t6e pa~ment of mTaltiea oa Drodnetion from the pwlyd uoit, u it it were indude.i in tnis les~a I[ ?*aiuetion b[ound
~n the pooleA ~tteaYe, it ~hall Ot treatcd u if Droduetion u 6ad trom this leasr, whrtAer the ..~all ur w•rlk be I~rcatrd on the pra•mis.s cocerrd b~ thi~ I~ue or
not In lieu ot tbe roYJties ebewhere txre;o epecitied, Lcssor shaN ~eccire on prodcetion lrom ? unit w p-wlyd onl~ sueh purtion ot tF.e roy~!ty slipula4d
hereia u the aewunt o! Ai~ temae D1~eed ia the unit or 6is royaltr interest tserein on •e aerea~r b~ui~ bran W tAe total ~cre~~re so pooled in the particular
uoit iDVOlvcd.
6. It opentioo~ Lor drtllin~ are not cornmenced on wid land or on ure~=e pooled the:r,.ith a~ ¦bu~e pro~•i~Sed on or b?tore onp ycar from thi~ date
the lease s~(~ tbe~~Qtpa: a~On~ll partio, unlm on or betore we~ ~nnicenan date L.~aee +sh~Il pp~y or tendcr to Lcs~or or w Ne crrdit of I,eewr
iA "_'.__'_~r"__'»""~_"'a------j'-~----------- -~--Rank at ~_Y~. r~~rQ~__~lf~lO---~--- Fbrida
~whie6 bant and its suceason are i ent and halt oontiaue ~ t8e depo~iWrp !or all rcntata pa~•able hereundrr re~ dles~ of chansa in ownen4lD
. ~~~onr ~honsaol nin• huads~i f i~~ nd ~0 ~00• • •
o! ~d 1 w t6e rcnta4) thc ~nm ot------ - _ - Do1Ln
(i~~~~~~oo ~her~in ulled rtntal), wLieh ihall eo~er tLe Dnvileae ot deterrin¢ commencemcnt ot driilins operation~ [or • period oI
twelve (12) reontlu. Ie ~ike ~annti ~Rd upott lik! D~Y~~oV o~ tendtR anquallp tlfe oommcntemenL of Arilling operationi map be [urtAer deferred for 1U~-
cessire yeriod~ o[ tw~lre (12! montAs each duzint the primary terte. The pa~ment or tmdcr ot rental mey be madc by~ thc cheek or dr~(t of I.rs~ee mailyd
or delivered W Lefwr or to said b~nk on or before satA date of D~7~nt. If ~ueh bank tor nns succcssor b~nki sh~:utd fafl, li.~uidatt or be ~ueeee.led b~ an-
other bsnk, or tor aoT reason f~il or re[usr to accept rental, Le~s~e ~Aall not be 6rld m detauit l~~r tae{ore to make •uch p~ymcnt or tendn ot rental until
tl~irtr (S01 d~» after [.easor ~hall ddi~~er to I.es~ee a Droper reeordaDk iastrument, namin~ •nother b.nk as aQrnt to r.Y•~ise ~ueh gaymeats or tenden. 'f~e
donn ca~h D~finent i~ eonsidmtfun tor !hu lease acecrdins to i4 ternr.and ~h~li aat be :11•~cated a~ mcre r:nt~l fur a period I,essee ma> at an> time
or t:mes e:eeute ~ed deiirer W I.easor or W the depoaiWr~ ~bove namtd or DLee of rccord a rrl.~wee or r teas~a rn~~erins any portion or poKion~ ot the abort do-
eeribed premi~es apd tbeteb~ ~urreodt~ thia lease v to ~uch portion or yortioes aad be reLecr4 of al: obli; atiuru u to tAe aczeaRe ~urrendered, ~nd thete-
¦fter the rentab O~rable Acreuoder ~hall be reduerd in tAe p70(Wrti00 tAat the urea¢e cua.r.,d hercb~ u tidneeA Ay uid rel~ase or releaKS.
i. I[ prior to di~wrery o[ oil, ~as or otAer aineral on uid land or on ~e~eaee poolyd CYilfEN':th L+~s,rr ihoalA drill a dn bole or hoies thereoe, or if
after dLcorer~ o[ oil, tai or olher minerRl. tAe Droduction lhereot ~bould eeue trum •ny c~u~e, thie leasa eAwll not t~rmioate i( Lc~aee commencrs additional
drillior or reworkin~ operatioru with3n 60 dan tlie*ew(tcr o~ if it be ~ithin the Drimart trrm, comn.rncoe or rm3mo the paymcnt or tender of rerttab o~ com-
menees opetatioeu for dtillin~ w nworkins on or betore tAe rental pa~in~ datc nect enauin¢ •fter th. e~yirat~oo ut t0 da~~a trom S~te of complctioo ot dry
hole or ceNatan o[ D~uetion. It ~t ~nT time ~uMeQUent W ~i:b (60) d~~ prior W tRe De¢inninR af thc laat 3'ear of the primarr term •nd prior to tke dir-
corep o[ oil, sas or other miner~l on s~id l~nd, or on acre~[e pooted tberewith, Iasae ~bould drill a dry AGIe thereon. no r.ntal p~yment or operations are
Oecessary in order to keep the iraae in [oree duiia~ U!e remaindar of tAe primar~ ierm. I! at lhe e:Diration of the Drimary term, oil, ~u or other min-
eral u not Eein[ Drodueed on uid laad, or on aerea~e pooled tlurewith, but Lrsue ia tnen enQarad in r'.r."!lina or reworliot opcrations tF.ereon or shall ha~e
eomyleted a dry 6ole thezeon ~ritAin si:q (601 dars Drior to tAe end ot the yrimarp term. the le~~e •Aalt remain in force so lons u aprntion~ wre pro~etnt~
ed witA no «asatron of ~reote Nah sitt~ 160~ eon~ecutive day~. ~nd it the~ result ip the Droluction ~~f o•l. Ru or ofher minrrol, so IonR tFereatter aa oil, to
or od~er miaenl it praduted troere ~aid land or ~creue pooled tAerew~it6. In the e~ent • w~r;l nr ~r;u P-uducins oil or Qa in Dsy~n~ Quantitiee ~6ould De
Droutht in on ~d~aeeat l~nd ~od withie one hundred fi:l~ (ISO) teet ot ~ad draininR the Irued prc~::ises, or acreagr [+ooied tAerc~cith, I,csaee ~rrees W
dril! ~uea otfut ~eib as a reawnabl~ prudrot operaWr wrould drill under t6e same or ~imilsr eircumaunc~s.
7. l.e~ee shall Aare the risht ~t anr time durin~ or •[ter t6e upfntion of thb teas^ to remu.e ali DroD~rts and li~tures plat~i Ap Le~-ir on sald
Lnd, includia~ lhe rijht tn draw and remo~e •11 e~in~. VYhen re~nired b~ Lessor. I.eesee ~il: Dury w0 vipe linet beluw ordinary plow derth. and no ~dl
~hall be drillcd wriAin t~o Dundred ~Y00) feet of ~n~ residenee or parn now on ~~id land w~iti,.,aL Lz}sori eonsrnt. Lcssee shall lx rrfyrn~iAte for all
d~ma~es ea~ed Dy Leased• oper~tio~u hereuader other th~n damats neensarii~ caused ty the eiercwe uf the riRhta hn~in Qranted.
B. Tlu ri~hL vf either D~rt~ hereundcr mar be uai~aed ia wbole or in Dart, and the pro~is+oaa hricof ~h~ll eitend to their he~n, sucecaann ~od
wi~ns: bot no ehanse or dirrion in o~aenhip ot the I~od. tea4L or ro~alt:~s, hostver accompG+hed, •hall oDerate to enlar¢e th~ obl~gatwns or diminish
tht riYAL of i.es~ce: and no cAanQe or dici~wn :n ~ucA o~rnenhiD ~6a11 bt bindin~ on I.cssee untd th:r[p !39) da~r after I.essce ~h~ll have bcen furni~hrd DY
cK~~red lJ. mail at I.ef~ee'¦ pr~ntiC~~ D%ut of bu~ins~ wit6 a tertified eoD7 of reoorded instr.,men[ or in~trummts tci3encine eame. In the erent af
witammt Dereot ia w~hole or in p~rt tiabiLtr tor brcuh of ao~ obliptioa hcreunder sha!! reat esc:~,~i.cly upon the ow~ner nf thia lcaae or ot a portion thcre-
of wbo eommiq sueh brneA. In tl~c ecent of the death ot ~n~ p~»on tatitkd to rentab hereunder. [.ese ~ may pa~ or render reeA rrntwb tn tF~e eredit o!
tbe deeeased ot the ntate ot tAe deeeutd until ~xh tlme u I.essee f~ tnrnis6ed with D~tK~ evi~fencr ot tt~e •ppointmPnt end puwlifEcatwna of •n eieeutor or
admioi~Vab[ of tRe e~Ule, or it Nere be none, tLen untit Lcsaee is [urnisbed ~rit6 evidenee t~ti~/tctorp t~ it as to tte hnn or devuee~ of the dece~sM, and
tLat all debb ot tl~e ofate ~are be~n paid. I[ at M7 tlmt two or mOre per~oN be eotit:ed to particlpau in tl~e rrnta! pas~ble Aereunder, I.cs~ee may D~7 or
tender wi0 reatal joiatl~ W~oeh penom or W tbeir jofet eredit ie tbe depaitory named herein; ~r, ~t l,~sec'~ etrct~on. the yroportionRtt part of ~aid rental
W whicD eae0 Darticiy~nt i~ ~ntitled rw~ De p~id or tendeied fo Lim ~epara4ll or to hi~ separate credit in ~~id d~~poeitory : nnd pay~ment or tendar to aaT
p+rtieipant of 6ir portioa of tht rm4b Aercunder ~LaU m~inLia tbir iea~t v W~ueh pariiciD~nt. :n e.er.t of uai~nment o( thu lrue ~s 4~ a seRrepted por-
tion o! wid laed. tbe rm4L D~r~ble hereunder ~Aall De ~ppottion~6le r oetseen tbe ~evrr~l leurnold ownrn raUbl~ aceordin` to th~ s•~rfzc~ •re~ of euA,
tad dtfault 1o ren41 pa>mmt or.e ~h~U not atfeet t~e rispL ot otber leuehoid ownen Aereur.de~. If •ix or more D~rtie~ brcome entitled W roy~lt~ eerc.
uadu, Iwree ou~ wita6old pt~ment Ihereof unlew ud uetll funf~0ed oEtb • reoordabk initrumeat ezccut~d by all ~ueA D~rt~a derisnat~at a~ ~teat W re~
tejre pa~me~t tor ~Il.
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