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MINERAL DEED

 

THE STATE OF:__________________________)

 

COUNTY OF :____________________________)

 

KNOW ALL MEN BY THESE PRESENTS: THAT_______________________________________

 

____________________________________________________________________________

 

____________________________________________________________________________

 

of _____________________________________________ herein after called Grantor

(give exact post office address)

 

(whether one or more) for and in consideration of the sum of __________________

 

DOLLARS ($____________________) cash in hand paid and other good and valuable

 

consideration, the receipt of which is hereby acknowledged, do __________________

 

hereby grant, bargain, sell, convey, transfer, assign and deliver unto _________

 

__________ of ______________________________________________________, hereinafter

(give exact post office address)

 

called Grantee (whether one or more) an undivided _________________________________

interest in and to all of the oil, gas and other minerals in and under and that

may be produced from the following described lands situated in

____________________________ County, State of _____________________________, to-wit.

containing ______________________________ acres, more or less, together with the

rights of ingress and egress at all times for the purpose of mining, drilling, ex-

ploring, operating and developing said lands for oil, gas or other minerals, and

storing, handling, transportation and marketing the same therefrom with the right

to remove from said land all of Grantee's property and improvements.

This sale is made subject to any rights now existing to any lessee or assigns

under any valid and subsisting oil and gas lease heretofore executed and now of le-

gal record; it being understood and agreed that said Grantee shall have, receive

and enjoy the herein granted undivided interest in and to all bonuses, rents, ro-

yalties and other bebefits that may accrue thereunder from and after the date hereof,

precisely as if the Grantee herein had been at the date of the making of said lease

the owner of a similar undivided interest in and to the lands above described and

none other and grantee one of the lessors therein.

Grantor agrees to execute such further assurances as may be requisite for the

full and complete enjoyment of the rights herein granted and likewise agrees that

Grantee herein shall have the right at any time to redeem for said Grantor by pay-

ment ant mortgage, taxes, or other liens on the above described land, upon default

in payment by Grantor, and can be subrogated to the rights of the holder hereof.

In addition to the foregoing, Grantor does hereby Transfer, Assign, and Set Over

unto Grantee all of Grantor's interest in and to all monies, proceeds, income, and

all other personal properties now on hand or in the possession of any third party,

bank, trustee, or pipeline company, which have heretofore accrued to the mineral

and/or royalty interest of Grantor in said land that has been herein conveyed to

Grantee.

 

Grantor does hereby irrevocably appoint and constitute grantee as my agent and

attorney-in-fact for the limited purpose only of executing division orders, transfer

orders, and all instruments as may be necessary to make fully effective this con-

veyance of interests, so that he may act in my place and stead for this limited

purpose only.

 

TO HAVE AND TO HOLD The above described property and easement with all and

singular the rights, priveleges and appurtenances thereunder or in any way belong-

ing to the said Grantee herein _______________________ heirs, successors, and assigns

forever, and Grantor do ____________________ hereby bind ____________________________

heirs executors, administrators, successors and assigns to warrant and forever defend

all and singular the said property unto the said Grantee herein ______________________

heirs, successors, and assigns against every person whomsoever lawfully claiming or

to claim the same or any part thereof.

 

 

WITNESS _________________________ hand this ___________________ day of ____________ 20 ____

 

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