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HomeMy WebLinkAbout969626RE D 2/22/2013 at 11:14 AM RECEIVING 969626 BOOK: 805 PAGE: 302 JEANNE WAGNER LINCOLN COUNTY CLERK, KEMMERER, WY Adobe Acquisition, LLC, a Texas Limited Liability Company, whose address is 1000 Ballpark Way, Suite 216, Arlington, Texas, 76011 (herein called Granto(), for ten dollars and other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, does hereby GRANT, BARGAIN, SELL, CONVEY, ASSIGN, TRANSFER, SET OVER, and DELIVER unto Rock Fund I, Ltd a Texas Limited Partnership, whose address is 1000 Ballpark Way, Suite 216, Arlington, Texas 76011 (herein called "Grantee 17.61% AND unto The Yield Master Fund 11, L.P. a Texas Limited Partnership, whose Management Investment address is 1000 Ballpark Way, Suite 216, Arlington, TX, 76011 (herein called "Grantee 79.51% of the following described properties, rights, and interests (the "Subject Properties forever. CONVEYANCE 00302 LINCOLN COUNTY, WYOMING (a) As set forth above, the Grantor's right, title, and interests in and to the mineral interests, oil, gas, or other mineral royalty interests, in, under, and that may be produced from the lands covered by the Deeds, BiII of Sales, or Conveyances described in Exhibit "A" hereto (the "Lands including, royalties, lease bonuses, or overriding royalty interests covering the Lands. However, Adobe Acquisition, LLC shall NOT grant, bargain, sell, convey, assign, transfer, and NOT deliver or convey any Working Interests to the associated properties described on Exhibit "A" (b) It is the intent of Grantor to convey to Grantees its right, title, and interest in and to the mineral, royalty, and overriding royalty interests and properties as set forth herein and described on Exhibit "A attached hereto, whether properly described therein or not. TO HAVE AND TO HOLD the Subject Properties unto Grantees, their successors and assigns, The Subject Properties are being conveyed by Grantor "where is" and "as is and without any warranty of title, express or implied. Grantor hereby expressly disclaims any and all representations or warranties with respect to the Subject Properties. Specifically, as a part of (but not a limitation of) the foregoing, Grantees acknowledge that Grantor has not made, and Grantor hereby expressly disclaims, any representation or warranty (express, implied, under common law, by statute, or otherwise) relating to titles of the properties, the condition of the properties (INCLUDING WITHOUT LIMITATION, GRANTOR DISCLAIMS ANY IMPLIED OR EXPRESS WARRANTY OF MECHANICAL ABILITY, FITNESS FOR A PARTICULAR PURPOSE, OR CONFORMITY TO MODELS OR SAMPLES OF MATERIALS), the extent of oil, gas and /or other mineral reserves, the recoverability of or the cost of recovering any of such reserves, the value of reserves, prices, (or anticipated prices) at which production has been or will be sold, the ability to sell oil or gas production from the Subject Properties, and the condition (including, without limitation, the environmental condition) of the Subject Properties. Whereas the undersigned also desires to stipulate for the record and for the purpose of correctly establishing and setting forth the ownership and the amount of interest in the minerals of the Subject Lands, do hereby declare, stipulate, acknowledge, and establish of record the resulting ownership of the mineral estate in the Lands as follows: The Yield Master Fund 11, L.P. Rock Fund 1, Ltd. Adobe Acquisition, LLC 79.51% 17.61% 02.88% This Conveyance is being executed in several counterparts all of which are identical. All such counterparts together shall constitute one and the same instrument. Complete copies of this Conveyance containing the entire Exhibit "A" have been retained by Grantor and Grantees. IN WITNESS WHEREOF this Conveyance has been executed and delivered on August 1, 2012. The "Effective Date" of this Conveyance shall be August 1, 2012 at 12:01 A.M. local time in the jurisdiction in which the Properties are located (the "Effective Time Regardless of the revenue or production date, Grantor shall be entitled to all revenues from the Properties received from checks, wire transfers, or other payments dated prior to September 1, 2012. Conversely, Grantees shall be entitled to all revenues from the Properties received from checks, wire transfers, or other payments dated on or after September 1, 2012. Adobe Acquisition, LLC By Robert (Bobby) L. Adkins, Jr., President STATE OF TEXAS COUNTY OF TARRANT) 0 0 3'O Before me the undersigned, a Notary Public, in and for said county and State, on this 21st day of September, 2012, personally appeared Robert (Bobby) L. Adkins, Jr., President of Adobe Acquisition, LLC to me known to be the identical person who executed the within foregoing instrument, and acknowledged to me that he executed as his free and voluntary act and deed, for the uses and purposes therein set forth. IN WITNESS WHEREOF, I have hereunto set my official signature and affixed my official seal the day and year first above written. ;:q_;"'. KATHERINE L. BROWN *2 Notary Public ar .l�l ',pI STATE OF TEXAS y r rh o F 6 My Comm. Exp. Feb. 2I.20I6 My Commission Expires: February 21, 2016 Katherine L. Brown, Notary Public of the State of Texas EE o CNI LO ca a l co 00301