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BOOK 46~
'"1>RPAGE
RECEIVE.D
~INCOU',I COUNTY CLERK
856
814648
AGREEMENT REGARDING FIRST RIGHT
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..:5 u. tlf,~MEj~ER WYOMING
day of ' ,2001, by
and
AGREEMENT made thi s ~
between MARY A. THOMAN, ANN J. FERENTCHAK and FRANK FERENTCHAK
and ELAINE FERENTCHAK, as Trustees of the Frank Ferentchak
Revocable Trust dated August 25, 1998, (hereafter collectively
referred to as the "Landowners").
WHEREAS, the Landowners are the owners of certain real
pr~perty more particularly described below, and
WHEREAS, the Landowners, or their predecessors in interest,
received their respective interests in such real property as a
part of the dissolution and distribution of t~e assets of
Ferentchak Ranch, Inc., a Wyoming corporation, and
WHEREAS, the Landowners have agreed, in recognition of such
dissolution and distribution, to grant to each other and their
heirs a first right of refusal pertaining to a sale of their
respective interests in such real property.
IN CONSIDERATION of the mutual terms and conditions set
forth
in
this
Agreement,
and
other
good
and valuable
consideration, the parties agree as follows;
1. For purposes of this Agreement, it is agreed that the
,
Landowners are the respective owners of the following described
real property, together with any improvements, water rights, or
grazing rights appurtenant thereto, situated in Lincoln County,
Wyoming;
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857
MARY A. THOMAN
Township 24 North,
CduntYf Wyoming:
Section 17:
Range 116 West, 6th P.M., Lincoln
SW%SWA, NlhSWA f E~A, SW/4NW%,
W/2NE%
ANN J. FERENTCHAK
Township 24 North,
County, Wyoming:
Section 17:
Section 19:
Section 20:
Range 116 West,
6th
P.M. ,
Lincoln
SE%SWA
SEV4NE%, E%SE%
WhWh,
FRANK FERENTCHAK and ELAINE FERENTCHAK, as Trustees of
the Frank Ferentchak Revocable Trust dated August 25,
1998
Township 24 North, Range 116 West, 6th P.M., I Lincoln
County, Wyoming:
Section 20: E%Wh, E%
Section 21: W/~A
2. It is further agreed that if any of the Landowners
should receive a bona fide offer from a third party, the terms
of which are acceptable to such Landowner, such Landowner agrees
to grant and give to each of the other Landowners the first
right to purchase such real property at the same price and upon
the same and identical terms.
A Landowner shall give written
notice, of his or her intent to sell their interest in such real
,
property to such third party, to all other Landowners by
certified mail or by delivery of such notice in person. The
other Landowners shall have sixty (60) days from and after
actual receipt of such notice in which to accept or refuse such
2
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offer in writing.
, 858
Failure, neglect or refusal òf any Landowner
to either accept or refuse any such offer within such time
period shall be treated as a refusal and the Landowner shall
then be free to sell to such third party for the same price and
on the terms of such offer.
3. This Agreement shall automatically terminate and be
cancelled at 5 0' clock p.m. (Mountain Standard Time) on the 1st
day of January, 2010, or ten, (10) years from the date of this
Agreement, whichever shall occur first.
4. This Agreement shall inure to the benefit of and shall
be binding upon the parties and their heirs, represbntatives and
assigns.
1Jj1J a, J~
~;: A ~~OMANo '
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ANN J. F ENTCHAK
¿;-.. ,~ ~
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FRANK FERENTCHAKf as Trustee
of the Frank Ferentchak
Revocable Trust dated August
25, 1998
"
~tt~SL ~~ckh
ELAINE FERENTCHAK, as Trustee
of the Frank Ferentchak
Revocable Trust dated Áugust
25, 1998
3
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859
THE STATE OF WYOMING )
)ss
COUNTY OF Li n eo In)
The above and foregoing instrument was acknowledged before
me this 13ý~ day of ,.'TÚ.II-( , 2001 by MARY A. THOMAN.
WITNESS my hand and official seal.
~".:::'
1s1~ o. W;,~
Notar Public
My Commission Expires:
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Notary Pub ¡0 Sttxt,B of Wyomjnq
C()Utit'~' of Lincoln
~Jfy (~on~~~~h~; t.icr': FÌ:nir~j~:. 1.'~ /'f ~~)/7:0:)~::~
THE STATE OF WýOh1I'n:j
COUNTY OF LÙ'1 CO {h
)
)ss
)
The above and foregoing instrument was acknowledged before
me this 12f,b day of ':"1i,dll 2001, by ANN J.
FERENTCHAK.
WITNESS my hand and official seal.
My Commission Expires:
~ J
C,,~~ l!-lr a a, r!MJi-..._ J
Nota&, Public
11~1(c¡~D~
" '·~!!¡l!ÌJ:lliíilillif!j!¡t~¡¡a¡~'!ti{i,!~rJI&Tot.ß "'" ~
· STACY A. WERNER
\ Notary Public State of Wyoming
( County of Lincoln
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THE STATE OF JJJYDrnlY'\Cj
COUNTY OF _LinColn
)
)ss
)
The above and foregoing instrument
me this .-!ll.sj: day of ¡jut? P......
FERENTCHAK and ELAINE FERENTCHAK, as
Ferentchak Revocable Trust dated August
was acknowledged
2001, by
Trustees of the
25, 1998.
WITNESS my hand and official seal.
My Commission Expires:
(~a. tiJ~
Nota Public
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, ' ~"jj~ø.í¡;iml\:'lfj1f<lì.i!:!:1{~¡'
, . STACY A, WERNEH , ,
Notary Public State of Wyoming II
County of Lincoln. ." kl
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5
860
before
FRANK
Frank