Laserfiche WebLink
4. If acLual drillin$ of a we:11 i-q not cosl-anced vn riaid <br />ltnd on ar before one year f'ro:.a ttlis date the leF:se sha13 tEicm <br />ter-ninate aa to tsath pzArties unless on or bef'ore such an,rziver- <br />$ary date lessee shall pay to leEsor or to the credit of iessor <br />9.ri the Liberty National Iirink of Texzs, (QUch ban1s : r}a11 <br />continue as the de.L.ository f'ar ti11 rentG1s pryable hereu.zder re- <br />gt:rdless af changeb i.n ovnership. of sz=ia land or the x°ent~hI$) the <br />eut~n of F"IVE HtT13D:~EL' wIXTY J6 SIX AldD Ri0/100 DCLUFx`: U566.00}, here- <br />in er-:lled wxlich ahatl oover the i~rivile:,e of def e rr°irg <br />cor.ainenceaant of act,ual d:illing f"vr a rerioa Qf twelve (12) ac=raths. <br />If such b,.:n:t shaizld f'e.il, liyuidate or be suceee;:icd by rmothex t*.n'~. i <br />or for any s•eason fail oz -eiuse to accPpt rental, lesuee shu,ll <br />not be eield in default for Ai3ttrt~ to alFdke such Nsyment of' rentr3 <br />ur,til tr,irty' (30) (:LyB t~.Iter 1e:~or ~,hall deliv~::r to C. <br />er recorcia.ble instru,nent nL:nin,g atiother tLr:k ra Gzent t:,: receive <br />uuch pb.yxents. Ttie dGUn ca&.~ ~Ly-Aent is cone3tte.r€zti:~-n 1c;ir t-Lis <br />lease acco.G•aing to ito tez^ms End shL-' l not tse allocrtea ae a :aere <br />rentaI f'or a per~od. <br />5. Lf prior t.v uiscovery cif oil, gas cr atdier ai:.nerals <br />an said land lessee ehoulci cirill a urJ hole or holeo, ox i: L2'ter <br />ciiscovery af oil, gLs ot°other ;::.inextl.s the ,-.rc.:ucti~n thez°eof shatzld <br />ce&F,d from any cause, this beae she12 not ter.«nt-te ii' 1eNse-e cUm- <br />tiienceu aetual nrilli.ng (Qr rewor;cing r3:erLtz r,s) :;ithiri -.ixty uays <br />thexe&ftar, of if it be ti.:1.thi;i the .1ri~.ia.ry ter=:1, .1;ckQs :.~y,:aent ui <br />the r•ent,,-,l thereiri ~,rovi~:eu err c::A:a:.=nces aci.uol ariLling cn reWork- <br />ing on or bef'c>re the rentt1pey:i~ig dk.t ljerein :~eci~iec~. Sw Et <br />tiCiB eXpi1'iw V:.li Af the , r::Lc2"y t+t?'?:A., o1l, ;.-'.•rw' v^T' Gt'ii':c3T' .::1I21Gi81 is <br />nat being prociueed ,n Se,ia but Le=-see iw theri erigar;c-c; in zct- <br />u::'l dril;.in,-, cr in x8wcrking thereoz thi6 A-a.11 <br />re:ab.3.ti in fo:.•ce sa Ior,; LE~ ~~arz tic;ns €;re ~:roEecut,~,d wit~~ -Io cr~ss- <br />~ tion cai' ::.vre thtin ::ixty (60) ccn: acutive dry~,, mc-l ii they L-Malt <br />ir. ,d reducticr. of uil, ;tzs or a-Uic;r E.v loil~; taere~,::te:r:s <br />oil~ gas or ott:er Unemi is rrnduced i uifs F~id L n4'. :;.r~ ru:J~€~ <br />ruantitiea. .In -"ze event h ~,~e1l cr wei:.s ,rar•ci6ucir g 31:1 or :.n <br />pb.yitlg G,ukLatities isriou:l.d be bruulit in un L,,Jjacert it «0 r::Aac „ithin <br />.;3.~ :feet of &nd f::rainin; t1ar: r ii1 <br />neea.•.;E.ry bnd Nra,:er olf'sc'.: we11o. <br />h. Le;:. see e:h+e? I i.r.ve the rigtit &t;=uxy ti.ae ciarir,~;, azi'! j'c;r <br />.;ixty O) dL;; Z7. F t.x•, };ht~ expirLti:rl a' tL.zy tv -e:.;;3ae r 11 <br />c:,nc Fixtures ~3~,cea by an aLziw including the <br />22;yYlt.• LV C.~Y'~ti 'cI1C. Z°::IlOVE.' c5..~i..~. C2:::1Y1g• 's'1GY1 .t'e quired. t7y i.e25ZfY', l@??weE.' <br />;-rill bury e1Z )ij:e lines t3elou urdintry p1Qw depth. <br />7. Thie ?,afaSs ;aj° not be a; signea iri i-,hole ;r a.n ~~-2•t a-itliOut <br />tne wri ite.i eozx::Ent ux i.0: Mr <br />Iti .l.~i e..bY"':'k:G lw"is"=t. t,::zl:.i a:'.v4.; :a~1L1.1 _'sA b@ tc"'.r",i.i.il:.fi.:..d, .lf3Y'- <br />~.ieteu, ~.r 1c;r .4iiur' tc ~4~rt°c~r:4 i.rs khaip, 2~r ~.n _.;f,rtp <br />aliy oa' its L:7piled covemirt--+, co.u iti ~~~.s Or tiPul&tion., ~~ntil <br />it 4h~:11 hc~ve ir; t be~:ri in:.l1y uet~. ,f..<. t s~ucr i:t.u e.k3io, ts~ <br />~'::~ii..'F.0.+ .:..~A.. ~ . <br />&illw a. t 'iry}. <br />.t..£ . t r~ ~~act~ finx,3. . ,vivZa, z.ae <br />tYisrefro.a to cUmply wi d. ~tac:~: cc:venfaztF, ccr r:iti. n fi ~-ti,~ul.f- <br />t.,.ou-,. <br />r.i,cov~-r:y o:' irne:fz,' in ::syi:19 <br />_ ....,:li rc~.~sn~Ll .,v ,1~~~, u..e <br />c;u~.~titiue~ ~rz y ,,,,;P i._c L-e <br />,_&.1c. i.tirrc;, , <br />C'vTl'lulllP(.: i? ~_''I'41:'1 • <br />n~~ ..•;are~~ <br />i~. ~:~i~u;,c 3.~~s,;ee t~e i.~eve'lG;~: c,~.r~.'I;~i"'►9 ;ith L <br />G2' i.i1PlieC. CGV8I1bI?."f, i:if "TFa <br />A; <br />~ <br />. i1 F.11~~ i~1 ~)2' f.ixy (::ru.€:'•', 2 : ..o' I i E ~L1~~- <br />I ez <br />t,1..?l:j Of~ ,0 v,.111~iF:T:~.c..... PL.t:i1:i'1tyo 'u;lE;: LI°a'£3I1t.Ed, <br /> <br />iG.;l: tL' C-,Z:1s,:1.y k lfiti CuVG'Zlt;1t `v'h F.'.l.?. <br />, <br />.a.n.2...i~~. . L ~~-G ~I.i:.L-'~ ...t C2 t.. l' 1'a'1^PFS1Lhj F?:d <br />` <br />_ T'eVF',"LI~'.~~.'.~. <br />be 2t : F 11 i:~Tl6r c . Z i'-, t~ 1. <br />, • c I.i.l .:i <br />_ b . e ~z) LIcFI . L ~ . =`F~ . .J:~.'l~Sl~ ~ li.Y~.J ~~)lt <br />k;~ 6~q <br />_ <br />~ <br />~`3 . xcYz c.~ ~ - <br />.~._Ii. li:tl J s..Cc.~ ~t' ~i.-.il '~1''i'a "~'.L°`iA <br />,,hile sucli l~s:zk:e iw ~t3 _,r•Pven9er1sh6,11. not b€: c<:,unteu ~:-~ri:~t. 1.e:~s~-es <br />. . . • • <br />i.`1<}• <br />~'11~'t'iE1.lT1,; iIl tpli.,~- to tli':' Ci0~1n1~7~t(:nCl <br />