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HomeMy WebLinkAbout945307 ..r;. '; ;"; 1 ~' i_ ,~ "' ASSIGNMENT OF OVERRIDING ROYALTY INTEREST "~tiOú'4S1 It ^/f/ D /9r< r: Q STATE OF WVð/VlIJVe;.. COUNTY OF Ll rJ (, 0 L[I/ ) } ss. } KNOW ALL MEN BY THESE PRESENTS: That the undersigned~1¡'¡ 1V11'~'(:~fWLE.1( KJf-v; LIViNG· M'u~hose address is ~;"J. £1'15; O~VorJ9rlf(~1 S'01T';DRÙ=: ~........F'J_J: _ . hereinafter relerred to as ('Assignor"). for and in consideration of the sum óf Ten DoUars ($1 O,OO) and other good and valuable consideration, the receipt and sufficiency of which is hereby confessed and acknowledged, does hereby convey, transfer, assign and set over unto:r~¡q~~4L.1::.'1~¡~:rr¡:¡,u.qw'.qt!z np'.tILZllqqf(; . whose address isf!x"J:Þ1<..PEV/lI'¡s.Hlr<eÑ ~__L /?¡¡I..E __~'-;Z.!?( , hereinafter referred to as ('Assignee"), an overriding royalty interest, free and'clear of aU cost and expense of development and operation, in the amount of t.J:JJl.. % of all oil. gas casinghead gas, and other hydrocarbon substances produced, saved and marketed from the following described land pursuant to those certain oil and gas leases. whether one or more, described on Exhibit "An attached hereto and made a part hereof, and situated in the aforesaid County and State. TO HAVE AND TO HOLD the interest herein transferred and assigned unto Assignee, its successors and assigns. forever, subject only to the following terms and provisions: that A. The overriding royalty interest herein transferred is payable out of and only out of the oil and gas produced, saved and marketed, pursuant to the terms and provisions of the above-described oil and gas leases, 8. The overriding royalty interest herein provided for shall not, in any even I, be paid or accrued upon any oil, gas. casinghead gas and other hydrocarbon substances used for operating. development or production purposes upon the above-described lands or unavoidably lost; and no overriding royalty shall be paid upon gas used for repressuring or recycling operations or pressure maintenance operations benefiting said lands, C, This Assignment of Overriding Royalty Interest is made without warranty of title, express or implied, except as tO,parties claiming by. through or under Assignor, but not otherwise, 0, If Assignor's interest in the above-described oil and gas lease, lands or unit is less than the entire interest, or if said oil and gas leases cover less than the entire fee title, then the above overriding royalty interest shall be reduced proportionately. E. It is understood and agreed that Assignor shall have the right to pool the oil and gas leases and lands covered hereby, or any portion thereof, with other lands and leases into voluntary units, or into units as established by any governmental authority having jurisdiction, and if the leases. and the lands covered thereby, or any part thereof are pooled accordingly, then the overriding royalty interest herein conveyed shall be reduced in proportion that the acreage burden by the overriding royalty interest bears to all the acreage included in any pooled unit. IN WITNESS WHERE9F, Assignor has executed and delivered this assignment of overriding royalty interest this £ðay of ç: to ~ ,2002:1, ASSJGNOR:r<U.ru fI1<,(ol1'(ffi OOIl/'-EY K£v' L1VlrlG-'TRl.-LSÎ ASSIGNEE: JEAN ~ rr- ~ w rr « w ,..... "P'" ~ L(') ,....corr ~ ..- "If'W W ..- O"Z :x:: - MWe> ('( It) (9 :x::" 0> ~«~ rr 0 0')0.. W 0 ~ W-l ,..... ~ Z Ü ..- (9 Zç N Z L5z ~ It) C "P'" -,:J W LU ,..... 0 >ü:x:: ü -WO z WrrO -l (,) CD 0 W ü a: z :J 4~~ ~t!3'œ! /fJ0Ú1482 CORPORATION ACKNOWLEDGMENT COUNTY OF ) ) ss ) STATE OF Before me the undersigned. a Notary Public, in and for said County and State, on this _ day of , 20_. personally appeared to me known to be the identical person who subscribed the name of the maker thereof to the foregoing instrument as President of and acknowledged to me that _ executed the same as _ free and voluntary act and deed. and as the free and voluntary act and deed of such corporation, for the uses and purposes therein set forth. Given under my h~:,d and S~::1! the da~' and year last above written. My Commission Expires: Notary Public Notary Address: INDIVIDUAL ACKNOWLEDGMENT STATE OF ~L\"" ......~ Q,.. ) ) ss COUNTY OF ~ f'irCL\ ð 1\oPfr ) , Before me the Y..Qí!ersigned. a Notary Public, in and for said County and State, on thiscbäy of C;¡::~, 20~personally appeared ~£.~~..",....\ .......~ ~ to me known to be the identical person who executed the same a~free and voluntary act and deed for the uses and purpuses therein :Jet forth. Given under my hand and seal the day and year last above written, :;'.' My Commission Expires: o ry Public Notary Address: . ",T_r!'õ9·-:l"~¡·~;_·'7",'i;-:·" "," I) NOTARY.·PUb...,C ,¡ STATE OF ARIZONA I Pinal County JEANNINE MARIE ALLEN My Comm"""" """,ms 11","",O~~ 2 £)<t-l(f!?Ií H LEGAL DESCRIPTIONS FOR WELLS WHEREBY JEAN D BINFORD AND THE RUTH MCCOMB DONLEY REVOCABLE LIVING TRUST OWNS INTERESTS IN: '-, û00483 T-18-N, R-98-W SEC 6: LOTS 11, 12 (W/2 NW/4) T-19-N, R-98-W SEC 30: LOTS 5, 6, 7, 8 (W/2 W/2), E/2 W/2 SEC 31: LOTS 1,2,3,4 (W/2 W/2), E/2 W/2, W/2 NE/4 T-18-N, R-99-W SEC 1: LOTS 1, 2, 3, 4 (N/2 N/2), S/2 N/2, S/2 (ALL) SEC 2: LOTS 5, 6, 7, 8 (N/2 N/2), S/2 N/2, S/2 (ALL) SEC 3: LOTS 1, 2, 3, 4 (N/2 N/2), S/2 N/2, 8/2 (ALL) SEC 4: LOTS 5, 6 (N/2 NE/4), S/2 NE/4, SE/4 SEC 9: NE/4 NE/4, SE/4 SE/4 SEC 10: ALL SEC 11: ALL SEC 12: NW/4, W/2 NE/4, N/2 SW/4, SW/4 SW/4 SEC 13: NW/4 NW/4 SEC 14: N/2, N/2 SW/4, NW/4 SE/4 SEC 15: N/2, NE/4 SW/4 T -19-N, R-99-W SEC 25: ALL SEC 26: ALL SEC 27: ALL SEC 28: NE/4, N/2 SE/4, SE/4 SE/4, NE/4 NW/4 SEC 33: E/2 SEC 34: ALL SEC 35: ALL SEC 36: ALL T-18-N, R-112-W SEC 2: ALL T-19-N, R-112-W SEC 11: ALL SEC 14: ALL SEC 23: ALL SEC 24: ALL SEC 26: ALL SEC 27: ALL SEC 28: ALL SEC 34: ALL