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HomeMy WebLinkAbout2146 ~~~1~~ ~ PMt~d and for ule br Protlute~n 88-E980J lRewi~ed 9-1-tJ) WItA PooUnt Provube. _ Hed~rman Broll?en. 1Kksoa. Kw• OII., GAS AND MINERAL LEASE THIS AGR8EIIF.NT m~d~ t1N _ --__..~b..__._.. _..d~Y d -•-w..~gL£O~~I..-.•----~- 19~.~L._._. , bt~tM - - S. R. Burch, a si~ng.,le man ~ _ ~ ----y--___.. - _ . ' ~ _ ~ ~w~~ ~ « _Rt . ---2...Box _ 119,~._ Winter ~Garden: Florida 32787 ~ .oa _.~~4_~~ucxiaa ~~t,_..~._..Q~..BQU_~0@72,-.Nex...Qrl~ans-.---La-_ _ZOlSd_..---------_- i..~..e, wnx8ssa~rx: ; ~ ~ ~+a«.,~ ~._TEN AND NOl~4Q._a.iLd.. Qth~e_ .`ta].ua~].e_.sQn83si~rgti~n _ n~. 1 i-~. ~-.~t_.QYC~------ t. !s ?ud Paid. ot t6~ Denia p~ovldsd. and of tlr ~ o~ Iwc+e~ l~rein coohised. ae.ebr s*.na~ lea~a ~ed leb ~claNvrly mlo Iww~ for t~ poryo~~ et fe t. ~=P~~[. V~P~ot. ~~od poduafes oil. [is aad a11 otlw mioaaM. 1~)ia~ ; PiP~ 1ioN. buildinL ~b. P~K ~ liaa aed ot~ thuctures t to prod~te. uve. fst~ eus of. heat. trwpat ~od a~re taW proauet.. .oa ~ ca ~r.«, cee roua.as a.K.~e~a ~.na in . . . - - - - - St .__Lucie ._---_---------------------co~b. l~wda.. M-..+~: ' ~ a ~ . t IN TOWNSBIP 34 SOUTB, RANGE 39 BAST ~ f S In Sectioin 17: ~ of NS~ i ~ DOCUMENTARY STAT E aF F t-O R~ ~ A~ ~ S U R T~ I X ~ O O C U M E NTARY STAMP TA x ~ . ~_''z~ ~n FI.ORI A ' R~Pi. Uf REYENUE i°.•-`~~ r N ~ ~ ~ J ' = PB ^ 06T-8'74 .~h•~ ~ V'. ~ O ~ .~~i ocPi. pCi -~'i4 P.B. ~ ~ n~o2 ~ ` ~w m , !Er'uw[ 1033D - - _ . ~ 1 . 1 j i . ( L „ G ' (1 ~~V e ~ The Lessor reserves all minerals. except oil, gas. sulphur and salt, down to a depth of 250 f t . ? . In the event of damages to the surface of Lessor's land, or to Lessor's groves, trees, g fences, roads or gros~ing crops and installations proximately caused by Lessee as a result ~ of Lessee's operations on the land covered by this ~ease, Lessee at its option will either ~ pay Lessor f.or such damages, or will, insofar as is reasonably practicable. restore the pxoperty to the same condition as it was before operations were begun. ~ It is tbe intmtioo of I.~or and [.essee that this kase sh~ll ~bo indude. aad tLere i: herebr iacluded. f[r~nted. leased and let. tor tAe purposes aod coosidentioo ~ I~ hereia sqted, aU the lanel Ow'nrd or claimed bp [.Kwr, adjacent or nMti~wus to the lan~i particularly deunhed af~ove, w~hether t6e same be in uid sectioo or sections. yrant ur :nnb, ~~n tdjK'eot xctioos or :ranls. althouRh not included vrithin the boumlaries of t6e land putirularly descnhed abm•e. Fm the purpose of determinia~ I t?~e amovo! of tny aooer P~Smtnt hcreunder. the tands herein described shall 6e Ircated u comprisi~n6 -~Q- - scres. w6ether t6ere be morc I cr less, ud in Nrc e*eot d~~a~ as+~~~+t or snrtender Aenvnder. the assi[ned u? sur?ende*ed Porem or portions slrll be deemed to oontain t6e number oi ~ acres stated in suck tssipinent or surrmdcr. 4. Sobject ta the 9tber Provisions hnein contained. tLis kase shall be for • term YuR from thia date 1ca14d "primuY tem+") ~nd as loat = the+nEUr as oil. ~as or rt6ec minenl is Prod~Ked fn,m said land or lands wit6 which said is pooled 6ereuoder. ~ 3. Themy altia M De wid bY Lessee sro: 1~1 on oil, one-eiYLt6 ll/8) o! that a~d~xed and saved from said land. the same w De delivered ~t tbe v~elb or ~ to tLe credit of I.asso[ iots tbe Rpeline M~c6ich t6e ~rells m~y he connected• Lasee maY from time to time pure6ase anY royalty oil in its potsession. W>iaA tLe t mukd prict t6erdo[ ~nR Ew the field r6ere Produced on the date o~ P~c6ue. in either cax suc6 inteRSt to bear its P~Po~tio~ oi any eapeme o[ t+eat- ing ~mmen6u~bWe oi~ to rmder it merchanhbk u cndr, (bi on Sas. one-ei[htb (1/8) o( tLe muket value at tbe well of the Las used by Lessee inopen tions not conneeted witb the land leased or ~nY Pooled unit coataiain~ all or a part d said tand• t6e roya~y oo Sas wld bY I.essee to be one-eiAhtb (I/8) of t6e amouot rraliud at tLe weU fiom such sates: Ic) oau-aftl~h I1/8) o( the m~rtet value u the moutb oF t6e weO of ~as ~ued br Lrssee in m~n~MuinL ~a~otise a _ m other 6y-podocfs. e:c~pt tlut in wmputinR such value. therc sha0 be euluded aU Ras or compw~ents thneof uxd in kau or uait operations• ~nd (dl ~ ,;1 uther u~ineai~ mincd and marketed, one-tmt6 (I/10) either in tind or value at t6e well or mine, at Lestee's electioo, cuept tbat on sulpbur mined aod marketed, t6e roy~ltY sball be fifty cenb 150c) per 1a+1[ too. In the event that anY weU on tDe land or m pmpcrty pookd therewitb lor with wy P~ is caa=ble o(p~~i ucinR oil or gas or ~aseous mbstancrs ia payin~ qnantities but such mir~erals are not bein~ Produced. then Lesaee's riR6b may be mains~+oed. in the aMence o! production or driUing opentions. bY commeonog or resuminR rmtal py~menb (heteiu wmelimes rcferred to u s6ut in 1C+s P~ym~b )~s herdn- after provided in paraaraph 8. S6m~ld suc6 cw~ditiom occur or erist at t6e eod of m aEter the primary tum. or within siaty (801 da>= prior to tbe eipintion tDere- of. Les:ee s ri`hb ou~r be ertended l+e)rond and a(tn tbe primary term bY the cwnmenceme+~t, resumP~wn a cootinuance of such pay~omts at the rate and in t6e _ manner hereio p.widcd for .enul p.rmeacs durinx ~be primarY tecm. and (w the purpose of computint and wakin~c such paymmts the e~i+stioo date of the primuy term eud ach annivenay date thereoE sbaU be considend u a find rental p~Y~ns date. ~nd if suc6 paymenb ars rn~de, it writl be cansidered th~t al or gu or Raseom substaoce is beiaR P~~~~ced within tbe meanioR ol P~r+~tnP6 Y heceof. i.esste sh~U have free use d oil. ~a+. co~l, w~ood and wuer from zaid tand, ercept water f~om Iaasor's Rells. (or all operatioos hereunder. and roYalty on al, `as and cu~l sLap ~e co*opoted after deduchnR anY se used. Lenee. st its optioo. B lwebr ziven thc ri~ht and powrer to Fool or rnmbine t6e uraRe cm-ered b~' this lease or any portion thereof with ot6er tind. lease or kases m tLe immediate ricinitr t6ereof. wbea in Le~see s judsmmt it is aecessary or advisabk to do ro in order properly to develop and op- erate said prevusn in oompGance writh any law(u1 spacinR rules w6ich maY be peuribed Eor tse field in whicb this lease is sitwted M~r dnly autborized ~~.~thoriA'. w wben to do so wonld. ia the judKmrot of Lesser. Promote t6e oonsen-atron of the oil and ta+ io aad mda and tLU m~y be yroduced from said premises. l.essee shdl eucute ia w~ritin; an instrumrnt idmtifyint and desdtEins tbe pooled +c*aKe. The entire acreal~e w pooled inW a trad or unit shall be trcated. for all purpases e:cept tbe paymeat o( rmalties m poduction from t6e poolcd uait. a if rt wrcre included 'm this lease. If Prnductioo b found on t6e pooled acreaRe, it sb~ll be treated as if prodoetioo is h~d fmm tfiis kax, whet6er the wd! or wrclls be located oo the prrmises oorered by tffis lease or ~ot. In fieu of tAe royakies et~e~vhere bero+n specified, Lessor shall receire oa productim from a ~mit so pooled oolr snc6 portioo of t6e roY+~b svP~+~ herein ~s lbe amount of his acrcaae placed in the unk or 1us rnyaltr interest therain ao an ac?eaRe basis bea+s to the total acreaRe so pookd in U~ particular ~mit imrolved. 5. If opentiom for dniliog are not c~nme~ced on said Lnd or u^ aae~fK D°°kd therewit6 u abore prmided m or before oae Yeu !rom tlds date the leau shdl then termiwte u to botb parties. unkss oa or before suc6 ~nnirersary date Lessee sLall pay or tender to I.essor or to the credit of I.essor First St.~tt~ _ BaAk. - ~,k .t P! 0.. Box_ _ 119],WinterGarden, , F~. 32787 ~iw•hich bank and ib succeswn ~re Lessor's at~t ~nd siull continue as tbe depository tor ail rentah payable hereumfer reiardleu oi cLanAes io o~eoen6iD e ~ ~~r u~a ~a o. ~~R.v? en~ ~ _ . Eighty and No/100 _ _ - - - - - - nou.R ~ ~ S$Q~ Q~_ Ibercin cdkd rmtal). rchich s6a11 cmer t6e privikte o( defertinR commencement o( drillinR o~era for a of twelm 1141 montm. Io l~ke manner ~nd upon like p~ ymmts or teoders annually tbe rnmmencemmt of drillinR operatioeu mar eb fu~ber deferred for sua ce,sive periods o( h+~elve (131 ~tht each durir~ t6e vrimary term. 1be p~Y~t or teader of rental maY ~~e br the cbeck or drJt of Leasee wikd ~ or delivered to Les~or or to s~1d bu~t o~ or be(ore such d+tte of payment_ I( such bant (or any succeswr bank) shoaW fail, liquidate or be sutt~eeded b~ ao- other bank, or for ~ny reasoo tul or refine to accept reMal. I.essee shaU aot 6e held in ddauit for (ailure w make suc6 payment or tender oE renW mtll ~ ~ thirty (301 days after Lessor ~ha~1 deliver to I.essee • D~tK* ~d~b1~ ~tn~°x°~• °~°+~°g ~+°k as aamt to receive such paymenb or tenden. 1'6e ~s+e~ ; doa~n casA pr>~nent is consider~tion (or this lease aceordinY ~ its tmm ~nd shall not be ~Ibcated u mere rmtal for • period. I.easee m~Y n~Y ? or times e:ecute and delirver to I.essor or to tbe depository ~bm•e named or place of reoord a nleau or releases coverinA anY pottia~ or P~ ~ tbe above de- u ribed premises and tLere6Y sunaider t6is 4ase n to socL po~tian or porbom and be nlieved of all obtiq+tious as to t6e acreaRe surrendend. and t6ero- ~ after tAe rentab payabk bereunder s6a11 be rcduced in the p~opatioo th~t the ac*eate covaed be?ebY e Kdue~d M' said relrase m rekases. - B. If prior to dboovery oE d4 t~+ or ot6er miaerd ~,o said I~nd a on acreaRe D~ied tberewith I.essee should d+ill a drY hok or 6oks tbereon. w U . after diseoverY of of1. ia+ or otber miaeral. tLe yrod _uctloo t6ereof should eease from ~uY aaue. t~s Inse sMll not tesminate if i.easee oommeocw ~dditlonal ~ _ ~ aallina or .ewwt;n` o~retfow ..;tLin eo dan tbere~tter or ii it be withi~o tLe primsey term. commeocea or resumes tLe p~yment or teuder o( reutab or com- ` P~ me+x~es opartioos fot drillio[ or rewod3oR on or bdore t6e rentat par~nR date ne:t en~mn~ aker eLe e~iratioo o! 80 daY~ from date of oompletloo af d~ , Mk or cwaKoo of D~vdoction. If at an7r time suhsequent to sirt~ (80) dari Vrior w tbe bepnomR of the h~t nar d t6e pimiry te~m aod pnac w t6e dir € covery of d4 W ot othe? miuenl oa nid Lnd. or oo ~c~e~te pou therewith. Leaee ~LoaW dritl a dry Lole tMenn. no rent~l paYment or operations ~ee : necaasry in ordet to k tbe le~~ fe force dnrinL tDe rtm~ioder~of t6e p?im~n' term. If at the ~~~,~n of tLe pnm~ry term. oi1. W or ot6er mia- eral b not 6ein~ oo s~id Lnd. or ao anea~s pooled the~eMitb. bat Lea~ce b t}?en enPt~ in d+fllms or rcvorkiaR ~paatioos t6ereaa or s6dl ~re ~ completed • drf ~tbereon witAin dstY (e0) dtys Prbr to tbe end af t6e Primarf term. tbe kate sA~ll remain ia force so loos as ope+ahions are P~~' ~ 3 ed wit6 no ce~tlon of moro th~n si~ (801 wnsecutlve days ~ad if t6ef resuk in the p~odaa~ of d1. Sas or ot6er mioeral. so ioo~ tbe~eaRer ~s a1. 6n cr p ~Yiu ~y ~ or other minersl b podaced hvm raW land w~cr~aRe oo led therewith. te tLe eveot • wdl w welb.prodaciaL E+~ m D~Y~uR KO brou¢t in oa ~d~eeot laad and w~itNn one hundred HRY t1S0) (eet of ~sd d+~inios tbe lhsad ~at ~creaRe ~y~i~ t4e~ewK~.~~I.aaee ~pc~es to • drill such ofiset we1L ~s • reawwblr pndent operator wrouW d+iU ~mder tLs ~ame or ~3miLr cUraoun~o . ~ T. I.essee tlrll ~~e tbe ri~t st ~ar tfine darin= or ~(ter ths espi*~tioa of t~ lease to e i~U;pry~erq~ a+d. ~poM FP1K'rd bp Lessee on taid land. includinR tDs d~R to dnw ~nd remwe sll cuing. Wha? required M Leswr. Lessee will bary ~ll ptpe Hoes below ordioa+r _pb+? depth and no weU shall he drilled wit6in hro lamdred (R001 (eet of ~nr residence o? barn now an ~aid l~ad witbout I.eswr'~ ooosenl. I.esrer shau be respomible (or ~tl d3ms¢es ca~u~d hy I.esxe'~ oMratiom haevnder otber than d~m~tw neosssarib caused bp tLe e:ercise a( tLe riR6ts berein ~ntrd. : ~ _ - - - - - - - - - ~ ~ . . ~ ~ _ f_ . _