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HomeMy WebLinkAbout941287 I '\I...-""'~I V II 't......... 'IT ~... 1-'0 I BOOK: 702 PAGE: 340 Cf4i 'Xit JEANNE WAGNER LINCOLN COUNTY CLERK, KEMMERER, WY FULL RELEASE OF MORTGAGE. ASSIGNMENT OF PROCEEDS OF PRODUCTION. SECURITY AGREEMENT AND FINANCING STATEMENT THIS FULL RELEASE OF MORTGAGE, ASSIGNMENT OF PROCEEDS OF PRODUCTION, SECURITY AGREEMENT AND FINANCING STATEMENT (this "Instrument"), dated as of July a6, 2008, is from JDW, INC. a Texas corporation ("Mortgagee"), 1300 South University Drive, Suite 410, Fort Worth, Texas 76107, to HUNTER ENERGY LLC, a Delaware limited liability company ("Mortgagor"), 8000 South Chester Street, Suite 375, Centennial, Colorado 80112. RECITALS 1. Mortgagor executed and delivered certain instruments styled Mortgage (With Power of Sale), Assignment of Proceeds of Production, Security Agreement and Financing Statement to Mortgagee; all such instruments as more specifically set forth below (collectively referred to as "Prior Mortgages"). The terms and provisions of the Prior Mortgages and the description of the property covered by which are hereby incorporated herein by this reference. PRIOR MORTGAGES 1.A. Mortgage (With Power of Sale), Assignment of Proceeds of Production, Security Agreement and Financing Statement dated effective as of December 9,2005, filed and recorded as follows: State Wyoming Wyoming Wyoming Office or County Lincoln Park Uinta Filing Date 4/10/2006 4/13/2006 4/14/2006 RecordinQ Data Ree#917346, Book 616, Page 524 #2006-2722 Entry #130283, Book 861, Page 616 1. B. Mortgage (With Power of Sale), Assignment of Proceeds of Production, Security Agreement and Financing Statement dated effective as of January 19, 2006, filed and recorded as follows: State Wyoming Wyoming Wyoming Office or County Lincoln Park Uinta Filing Date 4/10/2006 4/13/2006 4/14/2006 RecordinQ Data Ree #917348, Book 616, Page 552 #2006-2724 Entry #130285, Book 861, Page 644 2. This Instrument covers .and relates to the lands and leases described in Exhibit "A" attached hereto and made a part hereof (the "Released Property"). 00&341 3. Mortgagor and Mortgagee desire that the Mortgage (With Power of Sale), Assignment of Proceeds of Production, Security Agreement, and Financing Statements be fully released, together with the related leases, accounts, general intangibles, instruments, inventory, contract rights, equipment, proceeds and other personal property included in the mortgaged property. FULL RELEASE In consideration of Ten Dollars and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, Mortgagee does hereby remise, release and forever quitclaim to Mortgagor, its successors and assigns, all of the right, title and interest which Mortgagee may have under the Mortgage (With Power of Sale), Assignment of Proceeds of Production, Security Agreement, and Financing Statements, together with the related leases, accounts, general intangibles, instruments, inventory, contract rights, equipment, proceeds and other real and personal property included in the mortgaged property. This Instrument is executed by Mortgagee without warranty of any kind, express, implied or statutory. This Instrument shall be binding upon Mortgagee and its successors and assigns and shall inure to the benefit of Mortgagor and its successors and assigns. EXECUTED as of the date first above written. MORTGAGEE JDW, Inc. By: STATE OF TEXAS ) ) ss. 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