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HomeMy WebLinkAbout20070882.tiff .. 4, • -a am N,.._1.4 i[ (tI 1-- - ' .. .- / -.--- EXECUTOR'S DEED .--. 1 744 THIS INDENTURE, Made this a day of November. in the year of Our Lord One Thousand Nine Hundred and Sixty-five, between The '' First National Bank of Greeley, Colorado, as Executor of the co Estate of Ralph J. Eaton also known as Ralph James Eaton, Deceased, ''-fl party of the first part, and Don Anderson, Inc. , a Colorado corp- cla .-i oration, of the County of Weld and State of Colorado, party of O L the second part, WITNESSETH THAT Whereas, in the County Court of the County of Weld and the State of Colorado on the 26th day of November, 1962, the Last Will and Testament of Ralph J. Eaton also known as Ralph James Eaton, Deceased, was duly admitted to probate. And Whereas, said Last Will and Testament provides in part as follows: ARTICLE IX Without intending to name all of the powers and authority granted to my Executrix and Trustee designated herein, •7 0 3 1 n 2 and its successors, in addition to those customarily I ` allowed to Executors and Trustees, I grant unto each my p 4 -1j,„.4-,,„ IIlIlIIIIIIIIII'luI Executrix and Trustee all rights, authority, power and e.S _r-£-.1: freedom of action... .Without limiting this authority ;t:•.:7.17'..-:2A 1-_,I ; -= i,'i .. .my Executrix and Trustee are each hereby specifically r`�_ .II •• Mt invested with full discretionary authority: = k,, =8 e. E n h.r �=o f- .. . (b) To sell, mortgage, lease or pledge all estate v ii" T l4- - and trust assets (real, personal, and mixed) in such — • I li manner as they deem advisable, including the right to - ____I) a grant options for the same; in particular, I wish to - - _ a grant these powers with regard to my farm; however, in sal u - exercising this discretionary power they shall consider L� -- •. a but not be controlled by the fact that it is my desire ..• .. S that my wife be enabled to live in and occupy the house �9 now used by us as a residence so long as she may live; i „!� ,I -'�fEp, 4/ and if it is at all practical, in their discretion, it ,,,nbiiiPlldiii,; :,,,T:•4 is my wish that the rest of the farm be sold separately I ". 7 E 0 p from the house and adjoining yard area and that said house and yard be retained by them during my wife's life- ._. . .. time; ... Now, Therefore, this Indenture witnesseth, that the said party of the first part, in consideration of the premises, and in the further consideration of the said sum of $100.00 and other good and valuable co',side. ation to it in hand paid by the said party of the second part. the receipt of which is hereby acknr.wledged. has /,-, ...t..-C c -w-v _.41, 2007-0882 too. 554 sold and conveyed, and by these presents does sell and convcy unto the said party of the second part. its heirs. assigns and successors, all the right, title and interest which the said Ralph J. Eaton also known as Ralph James Eaton had, in his life- time and at the time of his death, in and to the following des- cribed parcel of land situate in the County of Weld, State of Colorado, to-wit: All that part of the South Half (8 1/2) of Section Thirty-four (34), Township Seven (7) North, Range Sixty-six (66) West of the 6th P.M. , lying south of the right of way of the Great Western Railway Company, except that part thereof conveyed to The W. J. Small Company, Inc. by deed recorded in Book 1313, Page 143, of the Weld County Records, together with 140 acre feet of water pursuant to the Petition and Order of the Northern Colorado Water Conservancy District as that Petition and Order appears in Book 1418, Page 190, of the Weld County Records, To Have and to Hold the Same, With all the appurtenances there- unto belonging, or in any wise appertaining, to the proper use, benefit and behoof of the said party of the second part, its heirs, assigns and successors forever, subject however to the following: 1965 taxes due and payable in 1966; County roads right of ways; res- ervations and exceptions contained in United States Patents; ease- ments and right of ways of record, as set forth in instruments re- corded in Book 221, Page 209, in Book 221, Page 210, in Book 228, Page 46, Weld County Records; right of way for the Home Light and Power Company; right of way of the Great Western Railway Company; Agreement recorded November 19, 1932, in Book 939, Page 336, Weld County Records; subject to the lien for taxes of the Northern Colo- rado Water Conservancy District, the Eaton Fire Protection District. and the North Weld County Water District. Said conveyance .s subject also, to a life estate as follows: That during the lifetime of Beulah Baird Eaton, the widow of Ralph J. Eaton also known as Ralph James Eaton, the grantor and its suc- cessors do retain the occupation, possession and control of the following described property: Ai"-, A parcel of land in the Southeast Quarter (SE. 1 .11 r.f Section 34. Township 7 North, Range 66 west of the 6th Prig., 1_ Meridian. Weld County, Colorado, and being more particularly described as follows: Commencing at the southeast corner of said Section 34 and considering the South line of said Section 34 to bear North 900 00' 00" West and with all other bearings described herein relative thereto; Thence North 90° 00' 00" West along the South line of said Section 34, a distance of 1,590.17 feet to the True Point of Beginning; Thence continuing along the South line of said Section 34, North 90° 00' 00" West, a distance of 165.00 feet; Thence North 00° 00' 00" East, a distance of 285,00 feet; Thence North 900 00' 00" East, a distance of 165.00 feet; Thence South 00°00' 00" East, a distance of 285,00 feet to the True Point of Beginning; Said parcel of land containing 1.08 acres more or less. Said life estate shall be subject to the right of ingress and egress on all driveways situated in the tract of land described in the life estate. Grantee and its successors agree that grantee shall allow the life tenant the privilege of using sufficient irrigation water to irrigate the lawn located on the property described in the life estate; and further agrees that the grantee will not build or con- struct, during the existence of the life estate, any feed lots yeerer to the property constituting the life estate than feed lots . .4 in existence on adjacent farms. IN WITNESS WHEREOF the said party of the first part, as Executor of said estate as aforesaid, has hereunto set its hand and seal the day and year first herein above written. The First National Bank of Greeley, Colorado, Executor of the Estate of Ralph J. Eaton also known as Ralph James Eaton, Deceased Byg t: It i cfl uls eV r, Trust Oiticer and Vice President STATE OF COLORADO ) ) ss. COUNTY OF WELD Acknowledged, subscribed and sworn to before me this day of November, 1965, by Louis C. Rieke. , Trust Officer and Vice President of The First National Bank of Greeley, Colorado, Executor of the Estate of Ralph J. Eaton also known as Ralph:,,james Eaton, fDeceased. `;�.)t • Dof,. Witness my hand and seal. 3 4 1 .A My commission expires: _ ''- ,.. ° m tart' if¢) '.' • b.,: AdlY2i1V1 D 01993 RlH: 01923141 04/iI. +t :2 6:0.00 1/010 F DOI i MARY ANN FEW Rs;EIN CLERK K S 10 CORDER WELD C.O. CO LEASE AGREEMENT This Agreement made and entered into this 8th day of April, 1983, by and between Dan Anderson, Inc., a Colorado corporation, whose address is Route 2 - Box 36, Eaton, Colorado, hereinafter referred to as "Lessor", and Natural Gas Associates, a Colorado general partnership, whose address is 1200 Trinity Place, Deaver, Colorado 80202, hereinafter referred to as "Lessee". WITNESSETH THAT: WHEREAS, Lessor is the owner of the real property described below and on Exhibit A attached hereto and desires to lease said real property to Lessee for business purposes as defined herein; and, WHEREAS, Lessee desires to lease the real property described below, hereinafter referred to as the "Leased Premises", for the purposes of constructing, operating and maintaining a natural gas processing plant, together with such other materials, pipelines, equipment or apparatus deemed necessary by Lessee for the efficient operation thereof; NOW, THEREFORE, for and in consideration of the mutual covenants and promises herein contained, the parties hereto agree as follows: 1. LEASED PREMISES 1.1 Subject to the provisions hereof, Lessor hereby leases to Lessee the following real property, legally described as follows, together with all improvements located and con- structed thereon: See legal description and plat attached hereto as a composite Exhibit A and incorporated herein by reference. ].2 The Agreement constitutes and evidences the lease al ow,. al by Lessor to Lessee of surface rights only and shall in no way be construed or imply a conveyance of any mineral rights held by Lessor underlying the Leased Prem- ises. 2. PURPOSE 2.1 Lessee intends to utilize the Leased Premises to construct, operate, expand and maintain a natural gas processing plant in connection with Lessee's purchase, transmission, processing and resale of natural gas and natural gas liquids to be .01 N 0'%9:4 RUC 019?3141 04/11 /31 t: $30 0O .4/0141 F War,' MAIO i tfl4 IEUF.b.cl l71 CIII:k A REC0I:DLF: WEI.D GO, CM carried on in the geographic area in which the Leased Premises is located, with an easement for ingress and egress to said processing plant by Lessee's trucks and trailers and parking of the same, together with such other materials, equipment or apparatus deemed necessary by the Lessee for the proper conduct of its business, hereinafter referred in the aggregate as the "facilities". 2.2 Lessee shall have the right to make any and all improvements deemed necessary upon the Leased Premises, subject to the prior written consent of Lessor, which consent shall not be unreasonably withheld. All materials, structures, fixtures and other improvements placed or constructed by Lessee on said Leased Premises, except those which cannot be rea- sonably removed from the Leased Premises without irreparable damage to the same, shall remain the property of Lessee and may be removed by Lessee within a reasonable time after termination or expiration of this Lease or any extension thereof. Upon termination of this Lease or any renewals or extensions thereof, Lessee agrees to return the Leased Premises to Lessor in as good condition as when Lessee took possession thereof, reasonable were and tear excepted. 3. UPKEEP OF PREMISES AND UTILITIES 3.1 Lessee agrees, at its expense, to maintain the Leased Premises and Lessee's facilities thereon in good condition and free from spilled hydrocarbons and debris or any other condition which may be hazardous to the operation of the facilities. Further, Lessee agrees at its expense to maintain and repair during the term hereof, the access road to the Leased Premises and utilized by Lessee for ingress and egress to the facilities. 3.2 Lessee agrees to leave the farm access in its present state. 3.3 If Lessee desires to use any utility connections on the Leased Premises, Lessee agrees to pay all connection and meter fees as well as costs for any extension and/or mainte- nance of the lines. 4. TERM 4.1 Subject to the provisions hereof, this Lease shall be for a term of ninety-nine (99) years, commencing retroactively on January 18, 1983, and terminating January 18, 2082, unless otherwise extended as provided herein. w 0993 RFC 01'/?;141 04fIi/03 I';-.t7 1..50.0* itoi0 F OB1.3 MARI niJN FENE:I<.V'F1N CI FRK b HF.LORDIR WELD CO• CU 4.2 After the termination date hereof, Lessee shall have the option and first right of refusal to renew this Agreement for an additional term and upon terms and conditions mutual- ly negotiated between the parties. • 4.3 Lessor, during the term hereof or any extension or renewal thereof, shall not have the right to cancel this Agreement except upon the occurrence of default as defined herein. Lessee, during the base term hereof, may only cancel this Agreement upon written notification to Lessor sixty (60) days prior to the end of any calendar year, or upon the occurrence of an event of default by Lessor as defined herein. Upon any termination or cancellation above described, Lessee • shall not be entitled to receive a refund from Lessor of any rentals paid hereunder. 5. RENTALS Lessee shall pay to Lessor as lump-sum rent hereunder for the entire term hereof the sum of Thirty-Nine Thousand ($39,000.00) Dollars in hand paid to Lessor and receipt of which is hereby acknowledged. 6. ASSIGNMENT Either party may assign its interest in this Agreement upon written notification to the other party advising of the effective date of the assignment and the name and address of the assignee. Any such assignment shall be subject to this Agreement and the rights and duties contained herein, and any assignee shall be bound thereby. Lessee shall have the right to sublease all or any portion of the Leased Premises, subject "to the prior written consent of Lessor, which consent shall not be unreasonably withheld. In such event, Lessee agrees to provide Lessor notice of the party or parties to whom the Leased Premises or any portion thereof is subleased, including the name and address of said party or parties, the term of the sublease and the legal description of the premises sub- leased. 7. COMPLIANCE WITH GOVERNMENTAL AND ENVIRONMENTAL REQUIREMENTS 7.1 Lessee's operations and facilities on the Leased Premises shall comply with all federal, state and other governmental requirements, including but not limited to statutes, rules and regulations pertaining to safety, health and environ- mental protection, including county and subdivision cove- nants. r•. -3- M WewsNT7" 0192514i p4/11!R3 1'.. t s.)(i.'.7 f) 4/010 I o054 riAF:Y ANN I-1-LIFF'S rr IN 1'.IFFp h RECORDER WILD CO. CO ,.-�. 7.2 Lessee shall comply with all governmental laws, ordinances and regulations applicable to the Leased Premises, and shall promptly comply with all governmental orders and directives for correction, prevention and abatement of nuisances or prohibitive acts on the Leased Premises, or connected therewith, all at Lessee's expense. 8. TAXES 8.1 Lessor shall pay all real property taxes levied against the Leased Premises, subject to the limitations set out below. 8.2 Lessee shall pay any use or occupation tax, license or permit fee that may be payable because of Lessee's use of or operations on the Leased Premises, as well as any personal property taxes assessed against any personal property and/or fixtures placed upon the Leased Premises by Lessee. In the event city, county or state property taxes levied against the Leased Premises are increased during the base term hereof or any renewals or extensions thereto and such increases are attributable to Lessee's construction and operation of the facilities thereon, Lessee shall pay Lessor all such tax increases as they apply to the Leased Premises within thirty (30) days of receipt of invoice therefore. In the event such tax increases are assessed for a tax year extending beyond the term of this Lease or any renewals or extension thereof, Lessee shall pay its proportionate share of such increases for the portion of said year during which Lessee occupied and utilized said Leased Premises. For the purposes hereof, the tax base for the year 1982 shall control. 8.3 Lessor shall pay any 'and all ad valorem taxes for the term of this lease. 9, WARRANTY OF TITLE AND SUBROGATION Lessor warrants title to the Leased Premises and will defend the same against all persons, and agrees that Lessee shall have the right at any time to redeem on behalf of Lessor, by payment there- of, any debt, taxes or other liens thereon in the event of default by Lessor and be subrogated to the rights of the holder thereof and may deduct any such payments from subsequent rentals, or enforce any other rights and remedies afforded by law. �" ;' . lc ('9 '.3 I+,.1: (Nv'314I o4/1 183 IS i; 350.00 5/010 OE4 v; hAF^l ANN FILILw;:IFiN CI. FF.R h RfCCOORDER WELD CO, Co 10. RIGHT OF ACCESS Lessor shall have the right of access to the Leased Premises and the improvements constructed thereon during normal business hours for the purpose of inspection, posting such signs or notices as Lessor may deem necessary for the protection of Lessor or the Leased Premises as long as such signs are not objectionable to Lessee and do not unduly interfere with Lessee's business op- erations, repossessing said Leased Premises and to show the Leased Premises to prospective purchasers, mortgagees, and/or benefi- ciaries under trust deeds. During the last sixty (60) days of the term of this Agreement or any extension or renewal thereof, Lessor shall have the right to show the Leased Premises to prospective tenants and to place and maintain in or upon the Leased Premises in one or more conspicuous places "For Rent", "For Lease", an/or "For Sale" signs, but such signs shall not be so placed in or upon the Leased Premises so as to unduly interfere with Lessee's business operations. 11. DEFAULT If Lessee uses the Leased Premises for illegal or unlawful pur- poses, is adjudged a bankrupt or files a petition in bankruptcy, or if Lessee defaults in the performance or observance of any of the terms, covenants and stipulations hereof, and if such failure or default shall continue for a period of fifteen (15) days after written notice thereof by Lessor to Lessee, then and in such event Lessor shall have the right to pursue such legal remedies as may be available to protect Lessor's rights and the Leased Premises. In the event Lessor fails to comply with or perform in accordance with the terms, covenants and stipulations contained herein, such failure shall constitute an event of default on the part of Lessor. In the event either party brings or commences legal proceedings against the other to enforce any of the terms of this Agreement, the successful party in such action upon final adjudication includ- ing any and all appeals, shall be entitled to receive from the other party a reasonable sum as attorney's fees and costs; to be fixed by the court in the same action. 12. SURRENDER OF LEASED PREMISES 12.1 Upon the expiration of the base term of this Lease or any extensions thereof, however, the same may be brought about, Lessee shall surrender the Leased Premises to Lessor peaceably in as good condition as when received by Lessee, usual wear and tear excepted. Lessee shall remove all r.. -5- L' Ooti3 MI l !'I 11 04/11/03 15 3? 3:.1 fi.�ia ni01O f 091E ihAkr ANN I LIIFRSII'IN II if i< .t RF CORDER WI I) CO, CO personal property, fixtures or other improvements placed or constructed on Leased Premises by Lessee, except as provided herein, within thirty (30) days from the effective date of such expiration Or termination. 12.2 In the event Lessee abandons the Leased Premises for a period of twelve (12) consecutive months, this Agreement shall be deemed terminated and Lessee shall be required to take those actions required above regarding surrender of the Leased Premises upon termination. 13. INSURANCE AND INDEMNIFICATION 13.1 Lessee, during the base term hereof and any renewals or extensions thereto, shall obtain and maintain in force and effect adequate property and personal liability insurance coverage relating to its operations to be carried out upon the Leased Premises. 13.2 Lessor shall not be liable either to Lessee or to Lessee's employees, agents or invitees, or to any other person whomsoever, for any death, injury to person or damage to property on or about the Leased Premises when caused solely by Lessee's use and occupation thereof and activities thereon; and Lessee shall and hereby does agree to indemni- fy, save and hold harmless Lessor of and from any and all claims, demands, actions or causes of action of whatsoever kind stemming from ar arising out of Lessee's use and occupation of and activities carried out upon the Leased Premises. 14. WELLS DRILLED BY LESSOR During the term hereof, in the event Lessor should drill and complete or participate in the drilling or completion of any oil or gas wells which are capable of producing natural gas and/or liquid hydrocarbons, and such wells are located in the geographic area capable of being served by Lessee's facilities located on the Leased Premises, and the connection of such wells to Lessee's facilities is economic in Lessee's opinion, Lessee agrees to connect such wells upon terms and conditions no less favorable to Lessor than those then being offered by Lessee to other producers or operators in the area. 15. ENTIRE AGREEMENT 15.1 This lease Agreement constitutes the entire agreement between the parties and no amendments, additions, deletions, 5" • N 0991 RFC OI'i,'+14) 04,iIZVI{ 5`i Z." #{0.00 7/0,0 F ON17 MART NiA FEIJF PSI F'lN fI FRA b RI1LORDER WF_LP CO, CO or modifications may be made thereto except as mutually agreed upon in writing between the parties hereto. 15.2 The terms, conditions and covenants contained herein shall inure to the benefit of and be binding upon the parties hereto, their heirs, personal representatives, executors, successors and assigns. 16. NOTICES Any notice or communication required or permitted pursuant to this Lease Agreement shall be sufficiently given if sent by certified mail, postage prepaid, addressed to the party for whom intended at the last address specified for such party, or if not so specified, to its last known address. 17. CONSTRUCTION OF AGREEMENT This Agreement shall be construed anal governed by the laws of the State of Colorado. ' ' IN WITNESS WHEREOF, this instrument has been executed by the parties '\pf 17p7•, reto as of the day and year first above written. try- -•'y ' .o • 18= ATTEST: LESSOR: DON ANDERSON. INC. �L4- ! a : 'L 0•'6 8Y: f�. certif.:,:-Nw •, O.11-NDER50 1EN VERNA 6. ANDERSON,SECRETARY • ,•''-ATTEST: LESSEE: NATURAL GAS ASSOCIATES, A COLORADO PARTNERSHI BY: ASSOCIATED NATURAL GAS, INC., MANAGING PARTNER • ,: •. �Lc ffANRRTI'^^ 8Y: Erik B. Carlson._SEDRE C. decraffe ied PRESIDENT STATE OF COLORADO ) ss. CITY AND COUNTY OF DENVER ) Before me, Linda S. Folsom, a notary public in and for said county and state, on this 8th day of April, 1983, personally appeared J. C. deCraffenried and Erik B. Carlson , known to me to be the President and Secretary respectively, of Associated Natural Gas,-Tnc., a Colorado corporation, the Managing Partner of Natural Gas Associates, a Colorado general partnership, on behalf of said ,partnership and acknowledged to me that they executed this Agreement for the ai ps and purposes therein set forth. °Taer ) ' • Nait PUBLIC 'U;l.?C' 1801 BROADWAY, DENVER, CO 80202 MY COMMISSION EXPIRES: DECEMBER 10, 1984 /� 7 • Ii 1,99% H L 'WC.4141 04, 11/W4 i•, iy 140,.00 G;iiio f oi11D figF•:Y Calf; Fk P.M-IN Cl.I.1il( t, RI'I:Uh'PI'F' WI'I.D CO, CO i^ STATE OF COLORADO I ss. CITY OF EATON COUNTY OF WELD) Before me, • ' •,yt': , a notary public in and for said county and state, on this Bet day of April, 1983, personally appeared Don G. Anderson and Verna G. Anderson, known to me to be the President and Secretary respectively, of Don Anderson, Inc., a Colorado corporation, on behalf of said corporation and acknowledged to me that they executed this Agreement for the uses and purposes therein set forth. �'.'... ...... ` / > Dinar NOTARY PUBLIC i iic✓.f. ,p n ikrii741j15i0N EXPIRES: ..v_n•Trt -?6 ,••••••-• • -8- •RECORDED EXEMPTION NO. P (11/3 fif-1.: Of'0.'141 04/11/H3 IS R? S3O.Uo 9/O1U F Oki Hi+lr I ANN FEVERS'LIN CL ERI; & U RFFil (7 E'DER WEI_ 1: , Co tame-- 34 L4 N (car,4- 3.9544cree COrB 5'.E.14;skip.gar 7.--7:44raar .ra •la et et:Dr VI Geor25" • LOCATION MAP '1 0994 RELIC 019.'3141 04/41/33 IS'.37 F30,00 10/040 o370 MARY ANN FEUERSIFlM CLERK S RECORDER WLI.D CO, CO LEGAL DESCRIPTION A tract of land in the Southeast Quarter (SE%) of Section 34, T7N, R66W, of the 6th Principal Meridian, County of Weld, State of Colorado, being more particularly described as follows: Beginning at the Southeast Corner of a tract of land conveyed to Dr. Robert C. Graves by deed recorded October 17, 1980, in Book 917, under Reception No. 1839202, Weld County Records, said point being the True Point of Beginning; thence South 84 24' 31" West 500.00 feet parallel to the South right-of-way line of the Great Western RaAlroad; thence North 160.00 feet; thence South 84 24. 31" West 524.36 feet; thence gouth 5 35' 29" East 248.81 feet; thence North 84 24' 31" East 1,000.00 feet; thence North 90.00 feet, to the True Point of Beginning, containing 3.954 acres, more or less, Hello