HomeMy WebLinkAbout900342.tiff RESOLUTION
RE: APPROVE MINERALS TRANSFER ORDER CONCERNING PROPERTY LOCATED
IN Si OF SECTION 18 , TOWNSHIP 2 NORTH, RANGE 66 WEST OF THE
6TH P.M. , WELD COUNTY, COLORADO, AND AUTHORIZE CHAIRMAN TO
SIGN
WHEREAS, the Board of County Commissioners of Weld County,
Colorado, pursuant to Colorado statute and the Weld County Home
Rule Charter, is vested with the authority of administering the
affairs of Weld County, Colorado, and
WHEREAS, a Deed was executed by Weld County, Colorado,
transferring a parcel of land to Darrell L. and Nelva M. Bearson,
said parcel being more particularly described as:
That part of Lot 7 , Section 18, Township 2
North, Range 66 West of the 6th P.M. , Weld
County, Colorado, lying west of the Platte
River in Division 1 , Lupton Meadows
Subdivision
WHEREAS, Nielson Enterprises, Inc. , has requested that Weld
County, Colorado, execute a Minerals Transfer Order concerning
said property.
NOW, THEREFORE, BE IT RESOLVED by the Board of County
Commissioners of Weld County, Colorado, that the Minerals Transfer
Order concerning the above described property be, and hereby is,
approved.
BE IT FURTHER RESOLVED by the Board that the Chairman be, and
hereby is , authorized to sign said Transfer Order.
The above and foregoing Resolution was, on motion duly made
and seconded, adopted by the following vote on the 18th day of
April, A.D. , 1990 .
BOARD OF COUNTY COMMISSIONERS
ATTEST: WELD UNTY, COL RADO
Weld County Jerk and Recorder
and Clerk to the Board ene R. Bran er, Chairman
Y: L éKenndyflm
eputy County erk
Qir r:�� T L� iC
APPROVED AS TO FORM: nstance L. arb
741/-1-4*
C.W. Kirby
County Attorney EXCUSED DATE OF SIGNING - AYE
Gordon E. Lacy
900342
J. L. . . _
SEARS & ASSINCRELATES
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140 DENVER AVENUE - FORT LUPTON. COLORADO 80621
DATE 9 / 1'
303/857-2930 - 303/629-0432 • 303/785-2291
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900342
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AR2213625
NIELSON ENTERPRISES INC.
A Delaware Corporation
TRANSFER ORDER
TO: NIELSON ENTERPRISES INC.
Legal Department
NO P. 0. Box 370
oU Cody, Wyoming 82414 March 21 19 90
o ,
0 The undersigned, having transferred as indicated below by instru-
ment dated August 2 , 19 88, recorded in volume 1205, Rec . 02151199,
,.a of the records of Weld County, Colorado , an interest in File 0909
o 0 3 the minerals that may be produced from wells now or hereafter completed
o a on the following described lands in said County and State:
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Township 2 North, Range 66 West , 6th P.M.
U Section 18 : S1
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you are hereby authorized, effective Septenber 1.1988 , to give credit
d' z and make payment of proceeds of production attributable to the interest
Wso transferred in the following manner and proportions:
ooH
o m
W CREDIT TO DIVISION OF INTEREST POST OFFICE ADDRESS
LnD
N Ca w Darrell L. Bearson & . 0127682 R. I . 10501 Weld County Road 251
z Nelva M. Bearson Fort Lupton, CO 80621
c The above represents the Transferee ' s interest in Nielson Enterprises
Inc . ' s 21.0933% working interest . The Transferor is retaining a
c4 like interest in Lot 7, plus their interest in Lot 5 , totaling
z . 0257636 .
men WITNESSES: TRANSFEROR(S) :
cw o
H N - e COUNTY OF WELD
ATTEST /� 1I TLy , .:n) BOA 0 COUNTY COMMISSIONERS
W r . I�i� C` ntel
�epiity . y1ty 1 rk ene R. Br Brantne , airman
Each of the undersigned hereby certifies and guarantees that he is
the legal owner of the interest above set forth opposite his name and
hereby warrants title thereto and further certifies that he is entitled
to payment for minerals produced and/or purchased by you under your
lease or purchase contract from wells now or hereafter completed on the
above described lands. Effective as of the date of this order, and
until further written notice, you are authorized to give credit and make
payment of proceeds of production attributable to the interests as set
forth above, such payments to be made in accordance with and subject to
the following conditions:
FIRST: It is agreed that the price to be paid for production
attributable to the interest of each of the undersigned shall be the
wellhead contract price applicable thereto, or, if there be no wellhead
contract, the price being paid by Nielson Enterprises Inc. (sometimes
herein called "Company") to working interest owners in the field for
production at the well of like quality, pressure and volume.
900342
SECOND: Payments shall be made by check payable to the person(s) named
above and severally in the proportions indicated, mailed to such
person(s) , at their respective addresses as shown, each month in respect
to deliveries during the preceding month; provided each individual
payment to be made hereunder may be withheld until at least Twenty-five
Dollars ($25.00) has been accumulated to the credit of said person. The
Company is authorized to deduct from proceeds due and to pay over any
taxes at any time applicable to the respective interests of undersigned
NO in production or in the lands above described, which are to be deducted
o U by the Company or which may be or become a lien on production or on the
N O lands above described or for which the Company may be contingently
U responsible, according to all applicable laws, valid or asserted as
such, and the regulations, valid or asserted as such, by officials
▪ charged with their enforcement.
0 3 THIRD: In the event of any adverse claim or dispute arising at any time
. 1% concerning title to said land or to production therefrom or concerning
o
n.W the right to share in the proceeds from the sale of production, the
Company is authorized to withhold, to the extent which it in good faith
O deems necessary for its protection, the proceeds accruing from produc-
• tion or purchases hereunder, without interest and without liability
m) (except as a stakeholder) , until indemnity satisfactory to the Company
- La has been furnished or until such dispute or claim has been settled to
• x the Company's satisfaction. Each undersigned party, as to the interest
of such party hereunder, respectively agrees, in the event suit is filed
O in any court affecting title to the lands above described or production
al
therefrom, to indemnify and save harmless the Company against any and
• Z
all liability for loss, cost, damage and expense which the Company may
W suffer or incur on account of paying said party pursuant to this order.
Li10 a FOURTH: The undersigned severally agree to notify the Company of any
change of ownership, and no transfer of interest shall be binding upon
Nix]
the Company until a proper transfer order and the recorded instrument
evidencing such transfer, or a certified copy thereof, shall be
furnished to the Company. Transfer of interest shall be made effective
not earlier than the first day of the calendar month following receipt
No of such notice by the Company. The Company is hereby relieved of any
responsibility for determining if and when any of the interests set
aforth in the order shall or should revert to or be owned by other
parties or shall be otherwise affected or changed as a result of the
d' completion or discharge of money or other payments from said interests
N o or as the result of any other event, and the signers hereof whose
N
interests are affected by such money or other payments or such other
a0 w event, if any, agree to give the Company notice in writing by registered
letter addressed to the Company at the address shown above, when any
such money or other payments have been completed or discharged, or when
any such event shall have occurred, or when any other division of
interest than that set forth herein shall, for any reason, become
effective and to furnish transfer orders accordingly, and that in the
event such notice shall not be received, the Company shall be held
harmless in the event of and is hereby released from any and all damage
or loss which might arise because of payment pursuant to this order.
FIFTH: This order shall become valid and binding on each owner named
herein as soon as signed by such owner, regardless of whether or not all.
the named owners have so signed, and any assignee of, or successor to
the above named Company i.s authorized to give credit and make payment
pursuant to the terms and provisions of this order.
WITNESSES: OWNER(S) DATE
QQ. yyy T �NSFEREES:
164�Oe�z/ 47. ��L �!�; �unr, 2 e 2 ep-eic aer•.
Darrell
L. Bearson
vtc� {ldiLnJ 42 _____
e a M. Bearson
(Be sure your signature is witnessed. If you are married, your wife [or
husband) must also sign.)
_ 2 _
900342
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