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C00616
ASSIGNMENT OF
OVERRIDING
ROYALTY INTEREST
Mail To:
Sharon Deemar Szachowicz
1812 Admiral Court
Glenview, IL 60026
RECEIVED 10/10/2005 at 10:57 AM
RECEIVING # 912617
BOOK: 600 PAGE: 616
JEANNE WAGNER
LINCOLN COUNTY CLERK, KEMMERER, WY
Above space for Recorder's Office Only
KNOW ALL MEN BY THESE PRESENTS: That the undersigned, SHARON DEEMAR
SZACHOWICZ AND IRA M. DEEMAR AS CO-TRUSTEES OF THE IRVING R. DEEMAR
TRUST DECLARATION, uftla dated SEPTEMBER 23,1992, whose address is 1812 Admiral Court,
GJenview, IL 60026, ("Assignors"), for the sum of Ten ($10.00) Dollars and other good and valuable
consideration, the receipt and sufficiency of which are hereby acknowledged by Assignor, does hereby,
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CONVEY, TRANSFER, ASSIGN AND SET OVER, an undivided 50% interest to SHARON
DEEMAR SZACHOWICZ AS TRUSTEE OF THE SHARON DEEMAR SZACHOWICZ TRUST
DECLARATION, uftla dated MARCH 24, 2004, a!ld an undivided 50% interest to IRA M. DEEMAR
AS TRUSTEE OF THE IRA M. DEEMAR TRUST, ultla dated APRIL 14,2004, as Tenants in
Common, ("Assignees"), all right, title and interest to an overriding royalty interest payable out of all oil,
gas, casinghead gas and associated substances produced, saved and marketed from the lease{"Lease") and
described on Exhibit "A" attached hereto, subject to any applicable pooling, unitization or similar agreement,
statute or order.
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TO HA VE AND TO HOLD the interest herein transferred and assigned unto Assignees, their successors
and assigns, forever, subject to the following terms and conditions:
1. The overriding royalty interest assigned herein shall be calculated and paid in the same
manner and subject to the same terms and conditions as the landowner's royalty under the
Lease.
2. The overriding royalty interest herein conveyed is payable out of and only out of oil and gas
produced, saved and marketed pursuant to the terms and provisions of the Lease, and is
expressly subject thereto.
3. The overriding royalty interest herein conveyed shall not, in any event, be paid or accrued
upon any oil, gas, casinghead gas and other hydrocarbon substances used for operation,
development or production purposes or unavoidably lost; and no overriding royalty shall be
paid upon gas used in re-pressuring or recycling operations or pressure maintenance
operations.
4. The provisions hereof shall inure to the benefit of and be binding upon the respective
successors and assigns of the parties.
S. This assignment is made without warranty of title or other covenant either express or
implied.
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J00617
IN WITNESS WHEREOF, Assignor has executed and delivered this Assignment of Overriding Royalty
Interest this _day of October, 2005
By:
SHARON DEE MAR SZA
-TRUSTEE
c.- 0- (vc.c.:¡ ì;~
By: '\IV\.
IRA M. DEEMAR, CO- T
State of Illinois,
ss
County of Cook.
I, the undersigned, a Notary Public in and for said County, in the State of aforesaid,
DO HEREBY CERTIFY that SHARON DEEMAR SZACHOWICZ, and IRA
M. DEEMAR, CO-TRUSTEES OF THE IRVING R.DEEMAR TRUSTUff/A
SEPTEMBER 23, 1992, personally known to me to be the same person whose
names are subscribed to the foregoing instrument, appeared before me this day in
person, and acknowledged that they signed, sealed and delivered the said instrument
as their free and voluntary acts, for the uses and purposes therein set forth.
Given under my hand and official seal, this
~d
day of October, 2005
~
"OFFICIAL SEAL"
HENRY E. SZACHOWICZ
NOTARY PUBLIC, STATE OF ILLINOIS
MY COMMISSION EXPIRES 2/10/2006
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/ TARY P LIC
This instrument was prepared by: Sharon Deemar Szachowicz, 1812 Admiral Court, Glenview, IL 60026
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Federal Oil and Gas Lease WYW-24154
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EXHIBIT "A"
Township 22 North. Ranf!e 112 West. 6th P.M.
Section 24: S/2SW/4, SW/4SE/4
Containing 120.00 acres, more or less.
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: 006 8
Lincoln County, Wyoming