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RECORDER'S STAMP
bus DEED, Made this 21st day of April nwwt ws.vcua'I
n, 'tt t DIN iglvsno
in the year of our Lord one thousand nine hundred and sixty-four m �a,- � .7:'- _ _ r Y\�
between MARGARET PATTERSON m
of the t ✓ I/ 2001,. v�'� t IS
County of Boulder and State t( +' t \ l'
•
of Colorado,of the first part,and GORDON TURKEY FARMS, INC., , SrA
t Mau '✓l _—
a corporation crga¢iaed and rv:1i
existing under and by virtue of the laws of the State of Colorado - r -�. I I r ..
'll _t: )11 20 20 .,2 2`'.
of the second part: —
WITNESSETH, That the said part Y of the first part, for and in consideration of the sum of
Ten dollars andother valuable consideration DOLLARS,
to the said part y of the first part in hand paid by the said party of the second part, the receipt whereof is y
hereby confessed and acknowledged,ha s granted,bargained,sold and conveyed,and by these presents do es
'pant,bargain,sell,convey and confirm, unto the said party of the second part,its successors and assigns forever,
all of the following described lot or parcel of land,situate,lying and being in the
County of Weld and State of Colorado,to-wit:
The Southeast quarter (SE-10 of Section ten (10) Township two (2) North,
Range sixty-seven (67) ; and the East 2/3rds of the Northeast quarter (NEy)
of Section ten (10), Township two (2) North, Range sixty-seven (67) West
• of the 6th P. M., Weld County, Colorado;
EXCEPTING AND RESERVING TO SELLER an undivided one-half interest in all
oil and gas thereunder;
AND all that portion of the Southwest quarter (SWb) of Section ten (10)
lying South of Coal Ridge Ditch; EXCEPTING AND RESERVING TO SELLER an
undivided one—fourth (1/4th) interest in and to all oil and gas thereunder;
Together with 35 shares of the capital stock of the Coal Ridge Ditch Compan .
TOGETHER with all and singular the hereditament, and appurtenance', thereunto belonging or in anywise
appertaining,and the reversion and reversions,remainder and remainders, rent., issues and profits thereof; and all
the estate, right,title,interest,claim and demand whatsoever of the said part y of the first part, either in law
or equity,of,in and to the above bargained premises,with the bereditnments nod appurtenances.
TO HAVE AND TO HOLD the said premises above bargained and described,with the appurtenances, unto the
said party of the second part, its successors and soigne forever. And the said part y of the first part, for
her self` her halm, exem„o"t and admi...-.._torn,do es ........-nt,:Taut,:Argaln and agrdu to and with
I the said party of the second part, its successors and assigns, that at the time of the ensealing and delivery of
these presents, she is well seized of the premises above convoyed, as of good, sure, perfect, absolute and
indefeasible estate of inheritance,In law,in fee Hlnple,and ha s good right,full power and lawful authority to
! grant,bargaind,sell and convey the same manner and form as aforesaid,and that the same are free and clear from
ell former and
to existing)rights of awaymand and sements e° of whatever kind or nature
I ,Dever,
and thu above bargained premises in the quiet and peaceful possession of the said party of the second part, Its I
successors and assigns,against all and every person or persons lawfully claiming or to claim the whole or any part
thereof, the said party of the first part shall and will WARRANT AND FOREVER DEFEND.
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IN WITNESS WHEREOF,The said part y of the finest part ha 5 hereunto sot her hand
Signed,Sealed and Delivered in the Presence of •'...//�[Z'S,q c1it-jt' C£. t tv - -ISEAL] r
.. .. .. '/._... __.._ _._. .... ._. ISEAL] o
._. (SEALI
STATE OF COLORADO
tt•,e,m 's, County of Boulder
Yolk.,tirement was acknowledged before me this 2ht day of April
1 4t. -y�rdrgaret Patterson A
4. ,' J p
' 974 bsO,Rr,ind official seal.
ez.....,,,.....t.„
F-....
;.Wp�S�g�1p 1, Z-+i42
1, IN eam�lattlegy�rls January 2, 1966. •
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Notary F
2007-0051
Ne.052 WARRANTY ORRO TO COarORAT1oN—ear PbtsmsMv Rwar6 - ,-_r____ „„•e .,n....r n..,....L n .�. MB
083 11111111101111111111111111111111111111III11111111111II
2593003 02/00/1998 01i18P Hold County CO
1 of 7 R 38.00 D 0.00 JA Suitt Tsuk.moto
LEASE AGREEMENT
This LEASE AGREEMENT ("Lease Agreement") is made and entered into this 15th day of January,
1998, by and.between:.
Strear Farms Company, a Colorado Corporation
6825 E. Tennessee Avenue
Bldg. 1 - Suite 235
Denver, CO 80224
hereinafter referred to as "Lessor", and
Duke Energy Field Services, Inc., a Colorado Corporation
1324 N. 7th Avenue
Greeley, CO 80631
hereinafter referred to as "Lessee".
WITNESSETH:
1.
DESCRIPTION OF PROPERTY
Lessor hereby leases unto Lessee, under the terms and conditions hereinafter set forth, the
land and premises described as follows, to wit:
A one (1) acre tract of land situated in he Southeast quarter (SE1/4) of Section 10,
Township 2 North, Range 67 West of the 6th P.M., Weld County, Colorado.
Said one (1) acre site being more particularly described in EXHIBIT "A" attached
hereto and made a part hereof.
hereinafter referred to as the "Leased Premises"
111111 11111111111 IIII 11111 1111111 IIIII III 11111 IIII III!
2393803 02/00/1990 01:10P field County CO
2 of 7 R 30.00 D 0.00 JA Sukl 7sukamoto
2.
USE OF PROPERTY
Lessee shall have the right to use and occupy the Leased premises for the purpose of
operating the compression facilities on the Leased Premised as of the date hereof.
Lessor authorizes Lessee at Lessee's expense to construct or place upon the Leased
Premises, or any portion thereof, any and all buildings, tanks, compressors, pipelines, pumps,
meters, valves, ditches, fences, or other facilities, equipment or improvements related to the
purposes described above.
3.
TERM
The "Primary Term" of this lease shall be for a period of five years commencing on the
Effective Date and ending at midnight five years thereafter, provided, however, that Lessee is and
shall be granted the sole and exclusive right, privilege and option to renew and extend the term of
this lease for three (3) consecutive additional five (5) year terms (the "Extended Terms") on the
same terms and conditions but subject to rental adjustment, all as herein set forth.
The first said Extended Term shall commence immediately and without lapse or interruption
upon expiration of the Primary Term of this lease, unless, not later than sixty (60) days prior to the
expiration of the Primary Term, Lessee shall give Lessors notice in writing that the said option to
extend will not be exercised. The succeeding Extended Term shall likewise commence upon
expiration of the preceding Extended Term of this lease unless notice is given as provided above.
In-the-event-that Lessee elects-not-to-exercise any-one of the options-to-renew-herein granted-
to Lessee, or upon expiration of the total term of this lease, Lessee shall peaceably surrender the
Leased Premises at the end of the then-current Primary or Extended Term of this Lease, and
Lessee shall disassemble and/or remove from the Leased Premises any and all compressors,
buildings, tanks, pipelines, pumps, meters,. fences, or other facilities or improvements, of
whatsoever nature, constructed or place upon the Leased Premises, whether permanent or
temporary, by Lessee or any other person, firm or corporation other than Lessors.
•
•
4.
RENTAL
Lessee shall pay to Lessors as consideration for this Lease, a Primary Term" rental of One
Thousand Dollars ($1,000.00); provided, however that the Rental shall be adjusted, effective the
date of the beginning of each Extended Term. Said Rental for first Extended Term shall be Ten
Thousand Five Hundred Dollars ($10,500.00); for second Extended Term, Ten Thousand Five
Hundred Dollars ($10,500.00); for the third Extended Term, Ten Thousand Five Hundred Dollars
($10,500.00); and provided further, that failure on the part of Lessee to pay any rental within thirty
(30) days following said due date shall not be a ground for cancellation of this lease.
All rental payments hereunder shall be made to Lessors at the same address as set forth in
the Notices section of this Lease or to such other representative of Lessors as shall be designated
by all Lessors in writing to Lessee from time to time, and all payments thus made shall constitute
full and adequate payment to all Lessors. It is agreed that in no case shall Lessee be required to
make more than one rental payment and then to the designated representative of all Lessors.
5.
INDEMNIFICATION
The Lease is made in consideration that Lessee, its successors and assigns, shall hold
Lessor, its successors and assigns, harmless from damages or liability of any character which
may arise out of the exercise of the rights herein granted and Lessee's use of the Leased
Premises.
Lessee accepts complete responsibility for meeting all governmental rules and regulations
regarding protection of the environment and all requirements pertaining to the protection of the
health and safety of employees and the public.
6.
RIGHT TO ENTER
Lessor agrees that neither it nor its successors or assigns shall go upon the Leased
Premises nor grant the right to any other person to go upon the same for any purpose without the
priorwritten approval of Lessee which approvalshall not be withheld unreasonably.
11111111111111111 ���� 11111till 11111Ill nil
IIIIdill
2593083 02/00/1998 01:10P Mold County CO
3 of 7 R 36.00 D 0.00 JA Sukl Toukamoto
7.
WARRANTY
Lessor warrants that is has the right to lease the property covered by this agreement and will
defend Lessee's possession against any and all persons whomsoever. Lessee shall notify
Lessor immediately in writing of any adverse possession of the Leased Premised or of any
adverse claim which may be asserted with respect to it. Lessor's warranty does not include
matters of record or actions of federal, state and local governments affecting Lessee's
possession.
8.
NOTICES
All notices hereunder shall be sent certified mail, return receipt requested, to the following,
or to such addresses as the parties may specify in writing in accordance with this paragraph:
LESSOR: Strear Farms Company
6825 E. Tennessee Avenue
Bldg. 1 - Suite 235
Denver, CO 80224
LESSEE: Duke Energy Field Services, Inc.
1324 N. 7th Avenue
Greeley, CO 80631
9.
EXECUTION. DEFAULT
This agreement shall be binding upon and inure to the benefit of the successors and
assigns of the parties hereto.
It is covenanted and agreed that, in event of alleged default of either party under this Lease
Agreement, the non-defaulting party shall give the defaulting party written notice, specifically
describing the alleged default, and providing thirty (30) days thereafter for the defaulting party to
cure before the non-defaulting party pursues any rights or remedies. If within said thirty (30) days
the defaulting party does so cure said default, then this Lease Agreement shall continue in full
force and effect.
111111111111111111 IIII11111111111111111 III 11111Iill Jill
2503083 02/00/1!08 01:10P Weld County CO
4 of 7 R 38.00 D 0.00 JA Sukl Toukouoto
•
•
10.
LEASE AGREEMENT
This Agreement constitutes the entire agreement and understanding between the Parties
hereto and supersedes and renders null and void and of no further force and effect any prior
understandings, negotiations or agreements between the Parties relating to the subject matter
hereof, and all amendments and letter agreements in any way relating thereto, specifically
including the Compressor Site Contract dated March 31, 1992 between Gordon Turkey Farms, Inc.
(Grantor's predecessor in interest) and Associated Natural Gas, Inc. (Grantee's former name),
which was recorded on June 22, 1992 in Book 1340 at Page 1007 of the records of the Clerk and
Recorder of Weld County, Colorado. No provision of this Agreement may be changed, modified,
waived or discharged orally, and no change, modification, waiver or amendment of any provision
will be effective except by written instrument to be executed and approved by the Parties hereto.
IN WITNESS WHEREOF, the parties hereto have executed this Lease Agreement the day
and year set forth above.
Cy yO
LESSOR: • 4
Attest Strear Farms Company '1 ,
By: Di- 4/
/•• ts•
Y3 ...
Secretary Leo and Strear, President
LESSEE:
DUKE ENERGY FIELD SERVICES, INC., A COLORADO
CORPORATION
Attorney-in-Fact
110111 II MINI IIIII11110I III II111111I IIII 2583083 02/06/1688 01:16P Mold County CO
5 of 7 R 36.00 D 0.00 JR Sold Toukuwto
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•
STATE OF COLORADO
SS.
COUNTY OF DENVER
Before me, /VE4 Y 4(10O1Se Notary Public in and for said County and State, on this
/ day of January, 1998, personally appeared Leonard Strear, President of Strear Farms
Company, known to me to be the individual whose name is subscribed to the foregoing instrument
and acknowledged to me that he executed the same as his free act and deed and for the
considerations and purposes therein set forth.
,nowa q/444'
Give`rr�¢er,LnpL�F and seal of office this day of
,may.0 l� g 99
?a1ay.. •to
My Comfflissiorrexprres: (-ao-9y
STATE OF COLORADO
SS.
COUNTY OF WELD ``
Before me, Jima t /ri77 t. a 477z,v< a Notary Public in and for said County and State, on this
/e5 day of January, 1998, personally appeared Lewis D. Hagenlock as Attorney-in-Fact of Duke
Energy Field Services, Inc., a Colorado corporation, on behalf of said corporation and
acknowledged to me that he executed this Agreement for the considerations and purposes therein
set forth.
•
Given under my hand and seal of office this /S day of &vct,0 �0 j
_ca;: •
Coo • r ,
Notary Public p � � /A
My Commission Expires: , '••*•*.�+N, .
ba&r es Apri 12, r998 •.�'rYf 11: �
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