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HomeMy WebLinkAbout96594900799 ASSIGNMENT OF OVERRIDING ROYALTY INTEREST KNOW ALL MEN BY THESE PRESENTS: That the undersigned Marilyn Ann Keller, as Attorney -in -Fact for Gary A. Keller, a copy of said Power of Attorney is attached hereto and made a part hereof as Exhibit "B whose address is 4832 East Fair Court, Littleton, Colorado 80121, hereinafter referred to as Assignor, for and in consideration of Ten Dollars ($10.00) and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, does hereby sell, assign, transfer and convey unto Marilyn Ann Keller, Trustee of the Marilyn Ann Keller Revocable Trust, dated August 1, 1996, whose address is 4832 East Fair Court, Littleton, CO 80121, hereinafter referred to as Assignee, ONE HUNDRED PERCENT (100 of Assignor's right, title and interest in and to the overriding royalty interests owned by Gary A. Keller in the Oil and Gas Wells and Leases described on Exhibit "A" attached hereto and made a part hereof. The provisions of this assignment shall be binding on the heirs, successors, devisees, personal representatives and assigns of Assignor and Assignee. The interests being conveyed herein are subject to the terms of the oil and gas leases from which these interests emanate, any state or federal orders, any voluntary pooling or unitization, as well as the terms of all recorded assignments or other documents of conveyance which precede this assignment. It is the intent of this document to transfer all of Assignor's interest in the oil and gas leases, including overriding royalties or other interests in oil and gas owned by the said Gary A. Keller in Lincoln and Sweetwater Counties, Wyoming whether or not said interests are correctly or completely described on the attached Exhibit "A TO HAVE AND TO HOLD the said premises unto the said Assignee, its heirs and assigns forever. Executed this 1st day of February, 2012. ASSIGNOR: STATE OF COLORADO COUNTY Of Arapahoe Marilyn An Keller, as Attorney -in -Fact for Gary A. Keller W w O z W m O cL z J The foregoing instrument was acknowledged before me this 1st day of February, 2012 by Marilyn Ann Keller, as Attorney -in -Fact for Gary eller. 441 ii1 d fo" V f 1 COOSOtiA0S1 1 M:.I Notary Public State of Colorado My CommIssion Expires January 29, 2013 ACKNOWLEDGEMENT SS. otary Public d W (o cr N coo_ w U (00 z z o z p >o) n U Y EXHIBIT "A" Attached to and made a part of that certain ASSIGNMENT OF OVERRIDING ROYALTY INTEREST by and between Gary A. Keller and Marilyn A. Keller, Trustee of The Marilyn Ann Keller Revocable Trust, dated August 1, 1996. WELL NAMES LOCATION BLM LEASE NUMBER Raptor #2 -8 T24N., R111 W, Sec. 8 W- 47397, W -55249 Raptor #3 -8 T24N., R111 W, Sec. 8 W- 47397, W -55249 Raptor #20 -8 T24N., R111 W, Sec. 8 W- 47397, W -55249 Raptor #1 -17 T24N., R111 W, Sec. 17 W- 61042, W- 111663, W -55249 Raptor #10 -17 T24N., R111 W, Sec. 17 W- 61042, W- 111663, W -55249 Raptor #1 -24 T24N., R112 W, Sec. 24 W- 117896, W- 83886, W -40139 LR #20 -6 T24N., Ri 11 W, Sec. 6 W -47397 LR #10 -6 T24N., R111 W, Sec. 6 W -47397 LR #68 -6 T25N., R.111 W, Sec. 33 W- 51667, W -49632 LR #24 -34 T25N., R.111 W, Sec. 34 W -31553 WSA #33 -5 T25N., R.111 W, Sec. 33 W- 51667, W -49632 All the above wells and leases are located in Lincoln and Sweetwater Counties, Wyoming. It is the intent of Assignor to convey 100% of his interests in Oil and Gas in the above described Counties, whether or not such interests are correctly or completely described. EXHIBIT "B" COLORADO GENERAL DURABLE POWER OF ATTORNEY IMPORTANT INFORMATION This power of attorney authorizes another person (your agent) to make decisions concerning your property for you (the principal). Your agent will be able to make decisions and act with respect to your property (including your money) whether or not you are able to act for yourself. These powers are extensive and include the power to sell or dispose of your property without advance notice to you. This power of attorney and the meaning of authority over subjects listed on this form are made subject to and are to be construed in accordance with the Colorado Uniform Power of Attorney Act, C.R.S. 15 -14 -701, et seq. This power of attorney does not authorize the agent to make healthcare decisions for you. You should select someone you trust to serve as your agent. Unless you specify otherwise, generally the agent's authority will continue until you die or revoke the power of attorney or the agent resigns or is unable to act for you. If your agent is unable or unwilling to act for you, your power of attorney will end unless you have named a successor agent. You may also name a second successor agent. Your agent is entitled to reasonable compensation unless you state otherwise in this document. This power of attorney becomes effective immediately unless you state otherwise in this document. If you have questions about the power of attorney or the authority you are granting to your agent, you should seek legal advice before signing this form. DESIGNATION OF AGENT I, Gary Alan Keller, the principal, appoint Marilyn Ann Keller, Richard Alan Keller and Sheila Ann Ochsner as my co- agents and attorneys -in -fact (subsequently called "agent If any of such agents dies, resigns, becomes incapacitated or otherwise fails to qualify or ceases to act, the remaining agents shall continue to act. In the event of a further vacancy, the remaining agent shall act alone. My agent is authorized to do everything necessary in my name and for my benefit that I could do if I were personally present and able. It is my intention that my agent may perform any act and exercise any power, duty, right or obligation that I could perform or exercise. Such authority is intended to relate to any person, transaction or interest concerning real and personal property, including intangible property interests, in which I now have an interest, and property in which my interest is subsequently acquired. I authorize my agent to delegate authority to others. My agent has the general authority described in the Colorado Uniform Power of Attorney Act, Sections 15 726 through 15 -14 -739, C.R.S., as the Act may be amended. The provisions of such sections and the authority set forth in the provisions of this power of attorney are illustrative of my agent's authority and are not intended to be exclusive. My agent shall have power and authority with respect to the following subjects enumerated in such statutory sections: (A) Real Property. (B) Tangible Personal Property. (C) Stocks and Bonds. (D) Commodities and Options. (E) Banks and Other Financial Institutions and Transactions. (F) Operation of Entity or Business. (G) Insurance and Annuities. Page 1 of 4 00 80. (H) Estates, Trusts and Other Beneficial Interests. (I) Claims and Litigation. (J) Personal and Family Maintenance. (K) Benefits from Governmental Programs or Civil or Military Service. (L) Retirement Plans. (M) Taxes. Without limiting the foregoing (and if provisions overlap, the broadest authority shall control), the following powers are illustrative of my agent's authority: (i) To acquire, exchange, sell, convey (with or without warranty), lease, encumber and dispose of any interest of mine in real or personal (tangible and intangible) property upon such terms as my agent determines to be appropriate. (ii) To hold, invest, lease, rent, manage and otherwise deal with any interest of mine in real or personal property; to recover and hold possession of rights and interests by lawful means; and to maintain, protect, insure, move, store, repair, rebuild, alter or improve any of that property. (iii) To acquire and dispose of any interest that I have in stocks, bonds, other securities and government investments, including Treasury bills, bond and notes. (iv) To transact every kind of business, including the collection, payment and settlement of all amounts and interests receivable by me or payable by me or to me. (v) To make, endorse, negotiate, transfer, execute, deliver and receive deeds, assignments, contracts, checks, drafts, notes, receipts, releases and any other written instrument that may be necessary. This power expressly includes the authority to endorse and collect obligations of the United States Government or any other governmental entity and to obtain duplicates for checks or other instruments which are missing for any reason. (vi) To deposit, withdraw or redeem from any account or interest of mine in any bank, investment institution, credit union, savings and loan association or similar institution; and to open accounts in any such institution in my name, or in the name of my agent. (vii) To borrow in my name and for my benefit, upon such terms as my agent determines to be necessary, and to pledge or give as security therefor any of my property. (viii) To institute, prosecute, defend, compromise, arbitrate and settle legal or administrative proceedings, or otherwise engage in litigation on my behalf. Page 2 of 4 X080`? (ix) To hire and dismiss agents, counsel and other employees, upon such terms as my agent determines to be appropriate. (x) To pay persons and organizations for goods and services provided to me or for my benefit, including reasonable compensation to my agent. If I become disabled or incompetent, my agent shall not be obliged to obtain approval of such payments by any individual or court. I exonerate my agent for payments made in good faith pursuant to this authorization. (xi) To prepare, execute and file income and other tax returns in all appropriate taxing jurisdictions; to execute Federal Tax Form 2848, or any power of attorney form required by the Internal Revenue Service or state authority; to exercise any elections I may have under federal, state or local tax law; and generally to represent me in all tax matters and proceedings of all kinds and for all periods before or after the date of this delegation, before all offices and officers of the Internal Revenue Service, state taxing authority and any other taxing body. (xii) To have unrestricted access to any safe deposit box or boxes of which I am an owner or lessee; to remove or deposit property of mine; to surrender any such box or boxes; and to rent a safe deposit box or boxes in my name or in the name of my agent, or both. (xiii) To transfer all or any part of property owned by me or in which I have an interest to the trustee of any revocable trust created by me during my lifetime, such that the same is held and becomes a part of the corpus of that trust to be dealt with in accordance with the terms of such trust. (xiv) Disclaim or refuse an interest in property, including a power of appointment. LIMITATIONS ON AGENT'S AUTHORITY An agent that is not my ancestor, spouse or descendent MAY NOT use my property to benefit the agent or a person to whom the agent owes an obligation of support unless I have included that authority in the Special Instructions. SPECIAL INSTRUCTIONS (OPTIONAL) You may give special instructions on the following lines: When more than two agents are serving as my attorney -in -fact, decisions shall be made by the majority of the agents then serving. EFFECTIVE DATE 00803 This power of attorney is effective immediately unless I have stated otherwise in the Special Instructions. Page 3 of 41, THIRD PARTY RELIANCE Third parties may rely upon the acts and representations of my agent as to all matters relating to any power granted my agent, and no person who acts in reliance upon these representations or powers shall incur any liability to me or my estate as a result of permitting the exercise of any power. Revocation of this power of attorney is not effective as to a third party until such third party learns of the revocation. I agree to indemnify the third party for any claims that arise against the third party because of reliance on this power of attorney, which indemnity agreement shall be binding upon my heirs and personal representative. STATE OF COLORADO COUNTY OF Mes OTHER FIDUCIARIES If a guardian of my person or a conservator for my property, or both, are to be appointed, I nominate the agent (including the successor agent if applicable) acting under this power of attorney to be appointed in such capacities, to serve without bond or security. DURABLE POWER This general power of attorney is durable. It shall not terminate in the event of my incapacity and shall survive until my death. It is written and executed in the State of Colorado and shall be interpreted and construed under and its meaning and effect determined by the Uniform Power of Attorney Act, Part 7 of Article 14 of Title 15, C.R.S. and other laws of Colorado. Signed on 1 1 u Z 2011. Gary Alan Keller, Principal /3Q Date of Birth The foregoing instrument was acknowledged before me on the I5 day of /G14rCh 2011, by Gary Alan Keller. Notary Pub is My commission expires Page 4 of 4 —1)0801