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HomeMy WebLinkAbout977041ASSIGNMENT OF OVERRIDING ROYALTY INTEREST GRANTOR: Violet M. Heiser, as Trustee of the Ernest E. Heiser Family Trust U/A dated 12/13/1990 14271 Cottage Grove Drive Baxter, MN 56425 GRANTEE: Violet M. Heiser, as Trustee of the Violet M. Heiser Family Trust U/A dated 12/13/1990 14271 Cottage Grove Drive Baxter, MN 56425 KNOW ALL MEN BY THESE PRESENTS: That the undersigned, VIOLET M. HEISER, as Trustee of the Ernest E. Heiser Family Trust under Agreement dated 12/13/1990 (hereinafter referred to as "Assignor for and in consideration of the sum of One and No /100 Dollars ($1.00) 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 the following named party in the amounts shown: Violet M. Heiser, as Trustee of the Violet M. Heiser Family Trust U/A dated 12/13/1990 (hereinafter referred to as "Assignee an overriding royalty, free and clear of all cost and expense of development and operation, being in the total amount of 0.15% percent all oil, gas, casinghead gas, and other hydrocarbon substances produced, saved and marketed from the following described land pursuant to that certain oil and gas lease described as follows: Federal Oil and Gas Lease USA W- 0310646 Township 21 North, Range 112 West, 6 P.M. Section 22: SWNE, W2, SE Section 26: All Lincoln County, Wyoming TO HAVE AND TO HOLD the interest herein transferred and assigned unto said Assignee, their heirs, devisees, personal representatives, successors and assigns, forever, subject only to the following terms and provisions: 977041 6/16/2014 11:03 AM LINCOLN COUNTY FEES: $15.00 PAGE 1 OF 2 BOOK: 834 PAGE: 188 ASSIGNMENT JEANNE WAGNER, LINCOLN COUNTY CLERK 11111111111111111111111111111111111111111111111111111111111111111111111111111111 1 That the overriding royalty interest herein transferred is payable out of and only out of the oil and gas produced, save and marketed, pursuant to the terms and provisions of the above described oil and gas lease. That the overriding royalty interest herein provided for shall not, in any event, 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 benefitting said lands. WITNESS my hand this 6th day of May, 2014. STATE OF MINNESOTA ss COUNTY OF CROW WING Violet M. Heiser, Trustee On this day personally appeared before the undersigned, a Notary Public within and for the County and State aforesaid, duly qualified, commissioned and acting, Violet M. Heiser, as Trustee of the Ernest E. Heiser Family Trust under Agreement dated 12/13/1990, to me well known as the person, who signed the foregoing instrument and stated that she had executed the same for the consideration and purposes therein mentioned and set forth. WITNESS my hand and seal as such Notary Public on this 6 day of May, 2014. THIS INSTRUMENT WAS DRAFTED BY: James W. Nelson, Attorney Reg. #12123X 510 Maple Street, P. O. Box 631 Brainerd, MN 56401 218 829 -4717 2 JAMES W. NELSON NOTARY PUBLIC MINNESOTA My Commission Expires Jan. 31, 2015