HomeMy WebLinkAbout2144 ~ p~eted aod fa ule bY
Prod~ 86-E9a0.~ lReri~ed 9-1-T31 V?'ItA Pou11e Provuion. ~ Hed~~man BrotMrs. J~ckwn. lliu.
OII., GAS AND MINERAL LEASE
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~ ~M~~ ~ « w~ r:_. ___p, - 0'•--Box._126_,. Rillarae~~,_Florida_..32740 _-_----_._._._.__r^_~_
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1. ~ ~.~aa.,~. TffiI AND. NO~QQ---~nd.4.th~.s_sa].uab~le._.ccensidera {nn Dovan
cf.~Q.QQ...~ QYC_------ 1. ie a.ea wid. o[ Uw eo~kiN DnN° ~"°"~ded..pa d ee. as~ ot t.eaae eereia coouinea. hnebr awa. fe..e. .su lea `
asdmiwly mNo Lare+ for t~ purpow o( in f. ~sP1~s. P~~DK~t. driUins ~od miafs~ [o~ ~od p~oducint oil. W~ad dl oq~er minKSb. layis~ ~
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IN TOi~iATSHIP 34 SOUTH, RANGB 39 BAST ~
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In Section 8: S~ of SB3~ sub~ect to canal and road rights of way. ~
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DOCUMENTARY =~~T~ °F F L--O R I D~~ 4
S `r DOCUMEN ARY~-~~:~ STAMP f a a
N ~ `i A ~ UEPT. OF REI~ENUE . `
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The Lessor reserves all minerals. except oil, gas. sulphur and salt, down to a depth
of 250 ft.
In the event of damages to the surface of Lessor's land, or to Lessor`s groves, trees,
fences, roads or growing crops and installations proximately caused by Lessee as a result
of Lessee's operations on the land covered by this lease, Lessee at its nption will either ;
pay Lessor #or such damages, or will, insofar as is reasonably practicable. restore the
property to the same condition as it was before operations were begun.
' it b tbe,iotention ef .iws~ar u~d i.asee t6at this kase sha11 also indude. and there is l~ereby included. ~tranted. leased and let. for lhe purposes and coosideratian
! krein ytated, alI tDe I~ad pwT~ed or clainied by I.essor. adjacrnt oT nmti~u to thr land paAiculach• descrihed abuve. whetAer the same be in said section nr sectiom.
f grau~ or ~r~ets, or in td'N~t a 1t?~nts. altAough not included r?ithin the bounJ+~nes of tbe laud pnrticularl~ describtai above. For the purtwse of determiwnE
j tha a~aouat Pf any mmeY P~Yaeo~ bereundn: the lands 6erein deuribed shaU be treated as com~uuing ~40 ~cres. wLether tlrcre be more
or leu, an~ in dr e+st of a putial assit~nent or surtarder hereunder. the aui;ned or surrendered portfon or portions shall 6e deerned to cantain tbe namber of
j acro stated in sa~h assiQno+eqQ or iurrender.
2. Sut~sct to tLe otfief p~+ ~+w~• thu lease :6d1 De lor a term yeacs (rom this date (calkd "primuy term") ~ud as Ion1C
thereafter es al. IW ot dSh!* ~l is pmductd from said land or lands witA which uid is poo:ed hereuader.
3. 'I6eroy ~a ~ bp pai~ by Lenee are: la) m oil. onc-eiR6eh Il/81 of c6at rroduccd and saved from said kod. the same to be delivercd at the welb or
to tLe credit o( I.es~er inlo t6e py~!~ to wrhic6 t~e ~veLLs may ~e coanected~ Lasee vsay Irom time to time purchase any ro>'alb dl 'm ib passestioa. Poyinx t6e
markd psice t6aefo~ alhnR ~a~ ~ne [ield w~~rre pruductd on the date o~ parchue, in rither case suc6 iaterest to bear its prt?portian of ~nY eapense of treat'
~ng ~mmeit~nqble to render it merch~nbble u rnde: (bl on ICas. one-eitM6 ( Il81 d the market value at the well af t6e IW used bY Le~see in opentioM not
connected wiW the laod Icased w anY Pooled unit conwnias aU or • pad of s~id land• the roY~lty a? gas sold by Lessee to be one-ei~6th I1 /8) of t6e amamt
rralized ~t the weil fmm sucb sates: Ic) ome-eit[~ Il/8! of the mukd value at U~e mout6 of t6e ~ceU of ~as ~:sed ~ I.essee iu maaufaeturina psoliee or
other by-poducb. ~~.~ept L`~at u~ c.emputing sucl~ value. there slull 6e e:cluded aU Ras ot componenb thereo( used in eue or unit opentions• and (d1 m
ut6er u~inerah mined and curtded. one-tmth (1/10) eitLer in kind or value at the well or mine. at I.e:acei election, etcept tlut an sulp6ur mined and
marketed. the roYaltY sMll be fifty ceots ISOc) per Iw~R ton. Io the evrnt that ~ny well on the 4nd or on PrupedY pooled tberrwith tor writh aup Part tbereofl
is c~pable ofp~~ urinR al or gas or gaseons subst~nces in W>-inK 9uantities but such miaerab are not beinR P~~d. t~en Lessee's riRhts maY 6e mainttined. ia
the absence of P~oductim or drillinR oper~tioas. AY romwencin~ m resuminR rmW P~)v~ents IAerein wmetimes reterred to as shut in 1W W)'~b) as herein-
c a(ttr pro~~ided in panaraph 8. S6ould such cooditions occur or crist at the end of or atter tbe primarY term. ot sritlun siaty (801 da)~ prio? to tbe eipintion t6ere-
uf, I.~ssee's ri~s may be ertended Ar>vnd aad after tbe primary term ~y t6e commem~ement. mumption or continuance of such paym~ob at the nte and in the
mawer 6ercin pmvided for reotal pa>menu during ehe yrimary term, aad for t6e parpote of compntin~ and makinR such pa>mrnts the e=pintion date uf tbe 3
privury term and eac6 aanivasary date thereof shall be coosidercd as a(irtd rmtal p»inR date. and if suc6 pa>vuents are made. it will be consideied tlut oil
or ga or [aseoas subavace b bemx Wod~red vrit6in tLe meania~ of P+raRraph 4 hereof. I.eaee sMll bave iree use of oil, ~u, cod, w~ood and rate? from said f
land, e=eept rcater from I.easor's ~sells, (or aU operatioas hereunder, and roysNy on oil, gas ~nd cod shall be computcd after deduct~nA any w used. i
4. I.essee. at ib option. is 6ereby !mm the ri~M and power to Fool or combine t6e ~creaRe cm~ercd b~ this lease or an) portion themof writh other
Iand, leise or leasea ia the immed'ute ~-icinity therlof, when ~ I.~ssee s ~ud ment it is necmary or advisabk to do so in order properly to develop and op
erate said Premisn in compli~nce with any iaw~fnl spadn~ n~bes w6icb oa~Y ~e P*~*~~ in wAich Ihts leax is situated by ~nY duly authoriud
a+,thorib. or whm to do ~ woald. in tbe iudR~t d I.essee. Pronwte tbe oonsen~~tion of the ail and 6as io and umder and tLat mar be preduced [rom
~ said pre~nises. I.rssee s6a11 ezecute in writinR an instrument identifYinl and deseribiaf ~ P~~ ~cre~ge. 71~e eotire rc*ea~e so pookd inW • tract or w~it
shall be tmted. for ~Il p~uposes rsreP~ the p~
~~mmt of rmalties on Pmduction from the pookd uait. u if it were i~luded in this lease. If production is fo~md
un ehe pooled acreaqe. it s6a11 be treated u if pmductio~ u lud Erom thi~ lease, whethe? the wdl or ~rells be located on t6e premises owered bY this lease or
not. In tiew d t6e royaltia elsew6erc 6erein specified. I.essor shall receire oe prodnctioo (?um a unit so pooled only suc6 portioo of the roralty stipulated
hereia u tbe wwunt of 6ia ~crra6e placed in the unit or 6is myalty iMerdt t6erein on aa ~creage basis bean to tbe total ac~eaRe w pookd in the particular
~mit imrolved_ ~
S. It operations (or driltioa ue not commenced on said land or on acrearte pookd therewitb u abo~-e pro~ided oa or be(orc one year (rom thif date
thr leue sball tbea terminate as to both parties, wless oa or beforc socs aoni~-enary date I.essee shall piy or tender to Leswr or to tAe credit of I.essor
F3rst. .State ._Bank_--_ _ . _ e,~ .~P.O._Bo~t _ ~.~.97._~~i~~~e~_ G~~den.,_ . ~~;a.32787
w•hicL 6aok and ib suer~son are I.essor's aRMt and shall continue as lhe depoaitory (or aU rentals paYable Aercunder re~ardless of ehanxes ia owne+ship
s~w
~ uf said land or the rentab l the sum ~r _ . For_ty . and No% 100 - - - - - - m~
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~ ~!~Q_~ QD 16e?dn called renbl). wbich s6a11 cmrer t6e priailcge of defemn~ eommrncement of drillinK o~eratioos (or • of
~ ~..elve f 12 ~ mootM. In like minoer and upon like p~ymenb or teoden annually the commencemmt of drillinR opcrations may be further deferted for sna
~r~sive periods of twelve (12) moot6s each durinx the primary term. T1ie p~ymmt or tender of rentd mar ~~+de Dy the c6eck or dnft of Lenee mtikd
~-~°'E, or deli~~ered to l.es~or or to said bank on or t~efare :uch date of pa)~nent. If such hank tor any successor bankl sbouW (~il, liquidete ot be succeeded by an-
uther bwnk, or for anY reason (ail o~ rcfuse to ~ccept renta4 I-~ssee shall not be 6eW in default for (ailure to make soch payment w tmder of rental tmtll ~d
thirty (501 daYs shall deliver to I.enee a proper record~ble imt+ument. nam~ng ~~other Mnk u axent to rcceive such p~yments or tenden. T6e o~
dow~n cu6 {+~>~nent is caosideration !or this lease ~ccord~nq to ib terms and shall not be albcated u mere rental for a period_ I.essee maY ~Y a4~
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nr times esecute and deliver to I.eawr or to the depository ~Awe oamed ot Pl~ce of record a rclease or releaus cwerin~t any portion or vo*tio?~s of the ~hwe de
s, nbed prcmises and theretry sursender t6is kase as to such portion or portions and t~e ~elieved of ~11 obFi~tion~ u to the acreaRe surreodered, wd thers
after the rentab p~Yabk 6ereander sha11 be reduced in t~e proportioo tnat the acre~xe covered hereby is reduced by uid release or ulenses.
8. II prior W di~en' of d4 ~ otLer minenl oo uid I~nd or m acreaRe pooled t6erewit6 I.essee should drill • drY hab or 6oks t6ereoo. or if
aker discmery of d1. [as ot other mine~l. tM ucbm t6ereof should ce~se fmm mr ause. this leae sbaU not terminate if I.es~ee oanmences ~ddition~l
drillins or reworkin` open
tioos witL'm 80 d~YS ~e* w if it be ~it~n tLe priwry term, commmces or resumes the p~ymmt or teoder of reotah or cao-
mmces opentiao~ fa deilBnt w reworkinR oa or before the rmtal p~yint d~te ne:t eosainR ~fter the espintiron of 80 days fmm date of oompletloo oE dqr ~ ~
hok a cesMtion of productioa. lE ~t my time sn6aeqoent to flrip (801 da7~ Prior to the bepnnin~ of the last year oE tbe primary term ued prior to tbe db- ~
coverp of d1. Ev o~ atbec mioertl m s~id I~nd. or m~aeal~e Pookd tberewit4 I.estee sLoald d~ill a dry bole thereon. no raotal P~Y~t w uPa~tions ~re
~ nectssary fs order to t tbe Ieas~ ie forte durin~ tbe iemainder oi tbe prim~ry term. If at !6e ~in~wn of tbe pnmar~ tttm. oi1. W or ot6et mis-
eral b not baiatpro ao said I~nd. or oo ~crea~ pookd t~rewit4 bat Leasee b t6ea mpaed in drillinR or reworkin~ ~e+atiom t6ereoo or aha0 h~re
co+nPkted • dry 6ob~tLereoo vrithin sirtr (Q01 d~~ D*b* to t6e end of t6e D~a tam. tbe le~e s6~11 remain ia force so loo~ as uPentioos ue p+o~eeot-
rd with no ceasatioo of ~owe th~n si~ 1801 consecut~re da s. ~nd if tbeY raok io tLe pralnetioo of oi1. tu or other minenl. w bo~ thereafter as oi1. Spu
~r other minenl b peodoeed (rom wfd I~nd or ~crea~e pooie~ thercwitb. In We eveat a well or wefh.qodudax oi1 a~as in p~yinx qu~nt~ties ~honld be~
hrou~At ia on ~d~rcaK W~d ~ad wit6h~ oue hundred 6Ry (I501 feet of and dnininR t6c lcaed prea~bes. or acrea pooled therewitb. I.euee ~~rees M
drill such ofhet wells as • ~eswwblp Prudeot opentor would drill aoder tLe same or similar ci .
7. Lessee slnll 6~v~ the ritht ~t ~nr time dnrins w~fter the espir~tion of thin ~ll ud. fistrro DLced M' Les+ee os said
Iand. includinR tbe r{~t to dnw aod reena?ro ~11 casinR. N'1~ requind bY Lessor. l.essee will 'W b~~ o~+n' ~~b• ~nd ao well
shall he dril!rc! ~rithin h.o lnmdred (2001 (eet ot ~nY resideoce or b~rn no.? oo uid Lnd witbout rs consmt. Lasee ~hal be ~esponsibk for al!
dama¢n ca~~~ed ~+v L.easPe's opentiom heminder atber th~n daw~La neoess~rily cau~ed by the e:ercise of tbe rig6ts hercin Rranted.
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