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HomeMy WebLinkAbout20172313.tiffRESOLUTION RE: APPROVE REQUEST TO WAIVE BID PROCEDURE CONCERNING SMALL TRACT OIL AND GAS LEASE, ACCEPT OFFER TO LEASE MINERAL ACRE, AND AUTHORIZE CHAIR TO SIGN - GRIZZLY PETROLEUM COMPANY, LLC 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, Grizzly Petroleum Company, LLC, 1801 Broadway, Suite 500, Denver, CO 80202, has requested that the bidding procedure be waived according to the policy as set forth in the Weld County Code for parcels less than five acres, on the following described mineral acres: Section 11, Township 4 North, Range 67 West of the 6th P.M., Weld County, Colorado, as further described in Exhibit A to said lease. WHEREAS, Grizzly Petroleum Company, LLC, is offering to lease the above described mineral acres, containing 4.626 mineral acres, more or less, and WHEREAS, the Board finds that the lease offer from Grizzly Petroleum Company, LLC, in the amount of FIVE THOUSAND FIVE HUNDRED FIFTY-ONE AND 6/100 DOLLARS ($5,551.06), is acceptable, with the further terms and conditions being as stated in said Small Tract Oil and Gas Lease, a copy being attached hereto and incorporated herein by reference. NOW, THEREFORE, BE IT RESOLVED by the Board of County Commissioners of Weld County, Colorado, that the request of Grizzly Petroleum Company, LLC, to waive the bidding procedure on an Oil and Gas Lease concerning the above described mineral acres, be, and hereby is, granted. BE IT FURTHER RESOLVED by the Board that the offer of Grizzly Petroleum Company, LLC, to lease mineral acres, as hereinabove stated, be, and hereby is, accepted. BE IT FURTHER RESOLVED by the Board that the Chair, be, and hereby is, authorized to sign said Small Tract Oil and Gas Lease. 2017-2313 LE0433 WAIVE BID PROCEDURE / SMALL TRACT LEASE - GRIZZLY PETROLEUM COMPANY, LLC PAGE 2 The above and foregoing Resolution was, on motion duly made and seconded, adopted by the following vote on the 17th day of July, A.D., 2017. BOARD OF COUNTY COMMISSIONERS WELD COUNTY, COLORADO ATTEST: dithA) .l O•‘,k, Weld County Clerk to the Board it, Ju ie ozad, Chair Steve Moreno, Pro -Tern Sean P. Conway Date of signature: 4SL€ ( (1 2017-2313 LE0433 WELD COUNTY SMALL -TRACT OIL AND GAS LEASE THIS LEASE AGREEMENT, dated this 15th day of May, 2017, made and entered into by and between WELD COUNTY, COLORADO, a political subdivision of the STATE OF COLORADO, acting by and through the BOARD OF COUNTY COMMISSIONERS OF THE COUNTY OF WELD, for its respective interests, do BOARD OF COUNTY COMMISSIONERS, 1150 O STREET, P.O. BOX 758, GREELEY, CO 80632, hereinafter called Lessor, and: GRIZZLY PETROLEUM COMPANY, LLC, whose address is 1801 Broadway, Suite 500 Denver, CO 80202 hereinafter called Lessee: WITNESSETH WHEREAS, said Lessee has applied to Lessor for an oil and gas lease covering the land herein described, and has paid a bonus consideration of $ 1,200.00 per mineral acre, fixed by Lessor as an additional consideration for the granting of this lease, and the following consideration: WHEREAS, all the requirements relative to said lease agreement have been duly complied with and said lease agreement has been approved and allowed by Lessor; THEREFORE, in consideration of the agreements herein, on the part of Lessee to be paid, kept and performed, Lessor does lease exclusively to Lessee for the sole and only purpose of drilling for, development of and production of oil and gas, or either of them, thereon and therefrom with the right to own all oil and gas so produced and saved therefrom and not reserved as royalty by Lessor under the terms of this lease, together with rights -of -way, easements and servitudes for pipelines, telephone and telegraph lines, tanks and fixtures for producing and caring for such product, and housing and boarding employees, and any and all rights and privileges necessary for the exploration and operation of said land for oil and gas, the following described land situated in the County of Weld, State of Colorado, and more particularly described as follows: SEE ATTACHED " EXHIBIT A" FOR LEGAL DESCRIPTION AND ACREAGE TO HAVE AND TO HOLD said land, and all the rights and privileges granted hereunder to Lessee until the hour of twelve o'clock noon on the 14th day of May, 2020, as primary term, and so long thereafter as oil and gas, or either of them, is produced in paying quantities from said land or Lessee is diligently engaged in bona fide drilling or reworking operations on said land, subject to the terms and conditions herein. Drilling or reworking operations shall be deemed to be diligently performed if there is no delay or cessation thereof for a greater period than sixty (60) consecutive days, unless an extension in writing is granted by Lessor; provided that such drilling or reworking operations are commenced during said primary term or any extension thereof, or while this lease is in force by reason of production of oil and gas or either of them, or that such reworking is commenced within (60) sixty days upon cessation of production for the purpose of re-establishing the same, and provided further that such production is commenced during such primary term or any extension thereof, or while this lease is in force by reason of such drilling or reworking operations or other production. 2017-2313 EXPLORATION - Lessor reserves the right to conduct exploration on the leased la exploration does not interfere with rights granted herein. L (Y453 Small -Tract Oil and Gas Lease Page 2 In consideration of the premises, the parties covenant and agree as follows: 1. RENTAL - This is a PAID -UP LEASE. In consideration of the down cash payment, Lessor agrees that Lessee shall not be obligated, except as otherwise provided herein, to commence or continue any operations during the primary term. Lessee may at any time or times during or after the primary term surrender this lease as to all or any portion of said land and as to any strata or stratum by delivering to Lessor or by filing for record a release or releases, and be relieved of all obligation thereafter accruing as to the acreage surrendered. 2. ROYALTY PROVISIONS: A. Lessee Responsible for All Costs/Expenses: Lessee shall account for any and all substances produced on the leased land and shall pay to Lessor as royalty, in addition to the rentals provided, the royalties described in paragraphs B through E below, which shall be free of all costs of any kind. In this regard, Lessee agrees to bear one hundred percent (100%) of all costs and expenses incurred in rendering hydrocarbons produced on or from the Leased Premises marketable and delivering the same into the purchaser's pipeline for immediate transportation to an end user or storage facility. If a gas purchase contract makes any deductions for the expenses of dehydrating, transporting, compressing, manufacturing, processing, treating, gathering or marketing of such gas, then such deductions shall be added to the price received by Lessee for such gas for the purpose of the payment of royalties to Lessor. Additionally, royalties payable to Lessor shall never bear, either directly or indirectly, under any circumstances, the costs or expenses (including depreciation) to construct, repair, renovate or operate any pipeline, plant, or other facilities or equipment used in connection with the treating, separation, extraction, gathering, processing, refining, transporting, manufacturing or marketing of hydrocarbons produced from the Leased Premises or lands pooled therewith. It is the intent of the parties that the provisions of this Paragraph 2 are to be fully effective and enforceable. B. Royalty Payment on Products: On products, Lessee shall pay Lessor a royalty payment of eighteen and one-half percent (18.5%) of the gross market value or proceeds of sale thereof, whichever is higher. C. Royalty Payment on Residue Gas: On residue gas or gas remaining after separation, extraction or processing operations, Lessee shall pay Lessor eighteen and one-half percent (18.5%) of the proceeds of sale or of the market value thereof, whichever is higher. D. Royalty Payment on Oil: At the option of Lessor, and with sixty (60) days' notice to Lessee, Lessor may take its royalty oil in kind, in which event Lessee shall deliver such royalty oil to Lessor on the leased land, free of cost or deduction, into the pipelines or storage tanks designated by Lessor, but Lessee shall not in such case be required to provide free tankage for any such oil for a longer period than one month after the same is run into tanks. With sixty (60) days' notice to Lessee, Lessor may cease taking oil royalty in kind. When paid in cash, Lessee shall pay Lessor for oil produced and saved from the leased land, eighteen and one-half percent (18.5%) the market value of the oil at the wellhead, or the price actually paid to Lessee at the well by the purchaser thereof, whichever is higher; and in no event shall the royalties be based upon a market value at the well less than the posted price in the field for such oil, or in the absence of a posted price in the field for such oil, upon a market value at the well less than the prevailing price received by other producers in the field for oil of like grade and gravity at the time such oil is run into pipelines or storage tanks. E. No Refund of Bonus: If Lessor owns a lesser interest in the oil and gas deposits of the above -described land than the entire and undivided fee simple estate, then the royalties and 4319509 Pages: 2 of 13 07/19/2017 01:59 PM R Fee:$0.00 Carly Koppes, Clerk and Recorder, Weld County, CO lIII lIPdR'ih' i f#i'P')a.ul:11AVKNl�iriiii' h 1I III Small -Tract Oil and Gas Lease Page 3 rentals herein provided shall be paid to Lessor only in the portion which its interest bears to the whole and undivided fee, but no refund of any bonus consideration shall be made by Lessor hereunder. F. Timing of Royalty Payments: All royalties payable under the terms of this lease shall be payable in cash (unless Lessor elects to take such royalty oil or gas in kind) to Lessor within one hundred twenty (120) days following the first commercial sale of production and thereafter no more than sixty (60) days after the end of the month following the month during which production takes place. Subject to the provisions of Paragraph 16 of this Lease concerning shut-in wells, royalties shall be paid to Lessor by Lessee and/or its assigns or by the product purchaser for oil and/or gas. Upon the failure of any party to pay Lessor the royalty as provided in this paragraph, Lessor may, at Lessor's option, elect to terminate this Lease by sending written notice to Lessee. Lessee shall then have forty-five (45) days from the date of service of such written notice in which to avoid termination of this Lease by making or causing to be made the proper royalty payment or payments that should have been paid. If such royalty payment is not made on, or before, the expiration of the 45 -day period, or written approval is not obtained from Lessor to defer such payment, Lessor may elect to terminate this Lease by filing a Notice of Termination with the Weld County Clerk and Recorder. The effective date of said termination shall be the date said Notice of Termination is recorded. G. Effect of "Take or Pay Provision " : In the event Lessee enters into a gas purchase contract which contains what is commonly referred to as a "take or pay provision" (such provision meaning that the gas purchaser agrees to take delivery of a specified minimum volume or quantity of gas over a specified term at a specified price or to make minimum periodic payments to the producer for gas not taken by the purchaser) and the purchaser under such gas purchase contract makes payment to Lessee by virtue of such purchaser's failure to take delivery of such minimum volume or quantity of gas, then Lessor shall be entitled to eighteen and one-half percent (18.5%) of all such sums paid to Lessee or producer under the "pay" provisions of such gas purchase contract. Such royalty payments shall be due and owing to Lessor within sixty (60) days after the receipt of such payments by Lessee. If the gas purchaser "makes up" such gas within the period called for in the gas contract and Lessee is required to give such purchaser a credit for gas previously paid for but not taken, then Lessor shall not be entitled to royalty on such "make up" gas. If Lessee is not producing any quantities of gas from the Leased Premises but is receiving payments under the "pay" portion of such "take or pay" gas purchase contract provision, such payments shall not relieve Lessee of the duty to make shut-in royalty payments if Lessee desires to continue this Lease, but such "take or pay" royalty payments shall be applied as a credit against any shut-in royalty obligation of the Lessee. Lessor shall be a third -party beneficiary of any gas purchase contract and/or transportation agreement entered into between Lessee and any purchaser and/or transporter of Lessor's gas, irrespective of any provision of said contracts to the contrary, and such gas purchase contract and/or transportation agreement will expressly so provide. Further, Lessor shall be entitled to eighteen and one-half percent (18.5%) of the value of any benefits obtained by, or granted to, Lessee from any gas purchaser and/or transporter for the amendment, modification, extension, alteration, consolidation, transfer, cancellation or settlement of any gas purchase contract and/or transportation agreement. H. Recovery of Liquid Hydrocarbons: Lessee agrees that before any gas produced from the Leased Premises is used or sold off the Leased Premises, it will be run, free of cost to Lessor, through an adequate oil and gas separator of a conventional type or equipment at least as efficient, to the end that all liquid hydrocarbons recoverable from the gas by such means will be recovered on the lease and Lessor properly compensated therefor. 4319509 Pages: 3 of 13 07/19/2017 01:59 PM R Fee:$0.00 Carly Koppes, Clerk and Recorder, Weld County, CO •11 FAUIROW!'IVIli N'ONhN "Ill Small -Tract Oil and Gas Lease Page 4 I. Excess Payments to Lessor: Any payment of royalty or shut-in gas royalty hereunder paid to Lessor in excess of the amount actually due to the Lessor shall nevertheless become the property of the Lessor if Lessee does not make written request to Lessor for reimbursement within one (1) year from the date that Lessor received the erroneous payment, it being agreed and expressly understood between the parties hereto that Lessor is not the collecting agent for any other royalty owner under the lands covered hereby, and a determination of the name, interest ownership and whereabouts of any person entitled to any payment whatsoever under the terms hereof shall be the sole responsibility of Lessee. It is further expressly agreed and understood that: (i) this provision shall in no way diminish the obligation of Lessee to make full and punctual payments of all amounts due to Lessor or to any other person under the terms and provisions of this Lease, and (ii) any overpayments made to the Lessor under any provisions of this Lease shall not be entitled to be offset against future amounts payable to parties hereunder. J. Effect of Division Order: The terms of this Lease may not be amended by any division order and the signing of a division order by any mineral owner may not be made a prerequisite to payment of royalty hereunder. K. Limitation of Sale to Subsidiaries and/or Affiliates: Oil, gas or products may not be sold to a subsidiary or affiliate of Lessee as defined herein without the Lessor's prior written permission. L. Royalty Payable on All Gas Produced: Lessee shall pay Lessor royalty on all gas produced from a well on the Leased Premises and sold or used off the Leased Premises, regardless of whether or not such gas is produced to the credit of Lessee or sold under a contract executed by or binding on Lessee. Should gas be sold under a sales contract not binding on Lessee, Lessor's royalty will be calculated based on the highest price paid for any of the gas produced from the well from which such gas is produced. In no event will the price paid Lessor for Lessor's share of gas be less than the price paid Lessee for Lessee's share of gas. 3. LESSOR'S ACCESS TO LEASED PROPERTY AND RECORDS A. Records Generally: Lessee agrees to keep and to have in its possession complete and accurate books and records showing the production and disposition of any and all substances produced on the leased land and to permit Lessor, at all reasonable hours, to examine the same, or to furnish copies of same to Lessor upon request along with purchaser's support documentation. Lessor will not be unreasonable with requests. All said books and records shall be retained by Lessee and made available in Colorado to Lessor for a period of not less than five (5) years. B. Access to Premises: Lessor shall have free access, at all times, to all wells, tanks, and other equipment on the Leased Premises, including drilling wells, and Lessee agrees to furnish Lessor, or Lessor's nominee, currently and promptly, upon written request, with full well information including cores, cuttings, samples, logs (including Schlumberger and other electrical logs), copies and results of deviation tests and directional and seismic surveys, and the results of all drill stem tests and other tests of other kind or character that may be made of wells on the Leased Premises. Lessor or Lessor's nominee shall be furnished with, and have free access at all times to, Lessee's books and records relative to the production and sale of oil, gas or other minerals from the Leased Premises, including reports of every kind and character to local, State or Federal governmental authorities. Lessor shall have the right, at its election, to employ gaugers or install meters to gauge or measure the production of all minerals produced from the premises, and Lessee agrees to prepare and deliver to Lessor or 4319509 Pages: 4 of 13 07/19/2017 01:59 PM R Fee:$0.00 Carly Koppes, Clerk and Recorder, Weld County, CO liii 1rdinkr ln,�i'w illi+I4Iiril r' IWW 11111 Small -Tract Oil and Gas Lease Page 5 Lessor's gauger or nominee duplicate run or gauge tickets for all minerals removed from the premises. Lessee shall furnish to Lessor daily drilling reports on each well drilled upon request. C. Gas Purchase Agreements/Gas Contracts: At least thirty (30) days prior to the delivery or the execution of any contract for the sale, delivery, transporting or processing of gas produced from the Leased Premises, Lessee shall provide Lessor with a complete copy of each proposed contract for the purchase, transportation and/or processing of such gas that Lessee intends to execute (each a "Gas Contract"), whereupon, Lessor may object if the terms of said Gas Contract conflict with the terms and conditions of this Lease. Lessee shall furnish to Lessor, within a reasonable time after its execution, a copy of any Gas Contract or transportation agreement entered into in connection with the Leased Premises, or if there is already a Gas Contract or transportation agreement in effect due to Lessee's operations in the field, then a copy of that contract. Furthermore, a copy of any amendments to the gas purchase contract or transportation agreement shall be furnished said Lessor within thirty (30) days after execution thereof; and on request of Lessor and without cost to the Lessor, Lessee shall furnish Lessor a copy of the following reports: core record, core analysis, well completion, bottom hole pressure measurement, directional survey records, electrical and induction surveys and logs, gas and oil ratio reports, paleontological reports pertaining to the paleontology of the formations encountered in the drilling of any wells on the Leased Premises, and all other reports which pertain to the drilling, completing or operating of the wells located on the Leased Premises. Such information shall be solely for Lessor's use, and Lessor shall attempt to keep same confidential for twelve (months after receipt, subject to its obligation to comply with the Public Records requirements under Colorado law. Lessee agrees that it will not enter into any contract for the sale, delivery, transporting or processing of gas produced from the Leased Premises which shall extend more than two (2) years from the effective date of such sales contract unless such contract has adequate provisions for redetermination of price at intervals of no less frequency than one (1) year to ensure that production from this Lease is not being sold for less than the then current market value. D. Lessee to Advise Regarding Well Status: Lessee shall advise Lessor, in writing, of the location of all wells drilled upon the Leased Premises on or before thirty (30) days prior to commencement of operations, and shall advise Lessor, in writing, the date of completion and/or abandonment of each well drilled within thirty (30) days after completion or abandonment. 4. MEASUREMENTS: All production shall be accurately measured using standards established by the American Gas Association (AGA) and/or the American Petroleum Institute (API) and all measuring devices shall be tamper proof as nearly as possible. Oil royalties due within the terms of this lease shall be calculated on actual and accurate measurements within API standards unless a different means of measurement, subject to Lessor's approval, is provided. 5. PAYMENTS AND REPORTS: All payments and reports due hereunder shall be made on or before the day such payments and reports are due. Nothing in this paragraph shall be construed to extend the expiration of the primary term hereof. Oil royalty payments and supporting documents shall be submitted prior to the last day of the month following each month's sale of production, and gas royalty payments and supporting documents shall be submitted prior to the last day of the second month following each month's sale of production. All payments shall be made by cash, check, certified check, or money order. Payment having restrictions, qualifications, or encumbrances of any kind whatsoever shall not be accepted by Lessor. A penalty for a late payment shall be charged as set forth in the PENALTIES paragraph herein. 403 19/2017 01:59 9 PM R Fee:$3 0.00 Carly Koppes, ,III'iTrdi I�r1iI1<kk nal illitaI I R 7 ��1d Recorder, Weld County, 0 �IY�h till Small -Tract Oil and Gas Lease Page 6 6. PENALTIES: A penalty shall be imposed for, but not limited to, late payments, improper payments, operational deficiencies, violation of any covenant of this lease, or false statements made to Lessor. Penalties shall be determined by Lessor, unless otherwise provided for by law, and may be in the form of, but not limited to, interest, fees, fines, and/or lease cancellation. A penalty schedule shall be prepared by Lessor and shall become effective immediately after public notice. Said schedule may be changed from time to time after public notice. 7. LAW: The terms and conditions of this lease shall be performed and exercised subject to all laws, rules, regulations, orders, local ordinances or resolutions applicable to, and binding upon, the administration of lands and minerals owned by the County of Weld, and to laws, rules and regulations governing oil and gas operations in Colorado. Violations shall result in penalties as provided for by law or as set forth in the aforementioned schedule or shall, at the option of Lessor, result in default as provided hereinafter. 8. SURRENDER: Lessee may at any time, by paying to Lessor all amounts then due as provided herein, surrender this lease insofar as the same covers all or any portion of the land herein leased and be relieved from further obligations or liability hereunder with respect to the land so surrendered; provided that this surrender clause and the option herein reserved to Lessee shall cease and become absolutely inoperative immediately and concurrently with the institution of any suit in any court of law by Lessee, Lessor or any assignee of either to enforce this lease, or any of its terms expressed or implied. In no case shall any surrender be effective until Lessee shall have made full provision for conservation of the leased products and protection of the surface rights of the leased land. 9. ASSIGNMENTS: A. Fee for Assignments: Lessee, upon payment of a $100.00 fee and prior written consent of Lessor (which shall not be unreasonably withheld), shall have the right to assign the entire leasehold interest of said Lessee in all or part of the land covered hereby. Prior to written approval by Lessor of assignment of this lease, Lessee (assignor) shall not be relieved of its obligations under the terms and conditions herein. An assignment shall not extend the term of this lease. B. Partial Assignment: If any assignment of a portion of the land covered hereby shall be approved, a new lease shall be issued to the assignee covering the assigned land, containing the same terms and conditions as this lease, and limited as to term as this lease is limited, and the assignor shall be released and discharged from all further obligations and liabilities as to that portion so assigned. C. Lessee to Notify: Lessee shall notify Lessor of all assignments of undivided percentage or other interests. Said interests will not be recognized or approved by Lessor, and the effect of any such assignments will be strictly and only between the parties thereto, and outside the terms of this lease, and no dispute between parties to any such assignment shall operate to relieve Lessee from performance of any terms or conditions hereof or to postpone the time therefore. Lessor shall at all times be entitled to look solely to Lessee or his assignee shown on its books as being the sole owner hereof, and for the sending of all notices required by this lease and for the performance of all terms and conditions hereof. D. Filing with Lessor: Although not binding on Lessor, all instruments of every kind and nature whatsoever affecting this lease should be filed with the Lessor. 4319509 Pages: 6 of 13 07/19/2017 01:59 PM R Fee:$0.00 Carly Koppes, Clerk and Recorder, Weld County, CO 1111 14Ur.tiMONLM MAMMON h 11111 Small -Tract Oil and Gas Lease Page 7 10. OVERRIDING ROYALTY: Any and all reservations or assignments or overriding royalties shall be subject to approval by Lessor. The total of said overriding royalties shall not exceed five percent (5%), including any overriding royalty previously provided for unless production exceeds a monthly average of fifteen (15) barrels per day or ninety thousand cubic feet of gas per day (90 MCF/D). In the event production drops to this amount or less, any overriding royalties which exceed five percent (5%) may be suspended. Lessor's approval of a reservation or assignment of an overriding royalty shall not bind Lessor for payment of said overriding royalty and shall not relieve Lessee of any of its obligations for payment of royalties to Lessor as provided by ROYALTY paragraphs herein. 11. OFFSET WELLS: Lessee agrees to protect the leased land from drainage by offset wells located on adjoining lands not owned by Lessor, when such drainage is not compensated for by counter -drainage. It shall be presumed that the production of oil and gas from offset wells results in drainage from the leased land, unless Lessee demonstrates to Lessor's satisfaction, by engineering, geological, or other data, that production from such offset well does not result in such drainage, or that the drilling of a well or wells on the leased land would not accomplish the purposes of protecting the deposits under the leased land. Lessor's decision as to the existence of such drainage shall be final, and Lessee shall comply with Lessor's order thereon or surrender this lease as to any such undeveloped acreage as designated by Lessor. 12. DEVELOPMENT: Upon discovery of oil and gas or either of them on the leased land, Lessee shall proceed with reasonable diligence to develop said land at a rate, and to an extent, commensurate with the economic development of the field in which the leased land lies. 13. POOLING CLAUSE: Lessee may at any time or times pool any part or all of said land or lease or any stratum or strata with other lands and leases, stratum or strata, in the same field so as to constitute a spacing unit to facilitate an orderly or uniform well -spacing pattern or to comply with any order, rule, or regulation of the State or Federal regulatory or conservation agency having jurisdiction. Such pooling shall be accomplished or terminated by filing of record and with the Colorado Oil and Gas conservation Commission a declaration of pooling, or declaration of termination of pooling, and by mailing or tendering a copy to Lessor,. Drilling or reworking operations upon or production from any part of such spacing unit shall be considered for all purposes of this lease as operations or productions from this lease. Lessee shall allocate to this lease the proportionate share of production which the acreage in this lease included in any such spacing unit bears to the total acreage in said spacing unit. 14. UNITIZATION — COMMUNITIZATION: In the event Lessor permits the land herein leased to be included within a communitization or unitization agreement, the terms of this lease may be deemed to be modified to conform to such agreement. When only a portion of the land under this lease is committed by an agreement, Lessor may segregate the land and issue a separate lease for each portion not committed thereunder; the term of such separate lease shall be limited as to the original term of this lease. The terms of the lease on that portion remaining in the unit shall be deemed to be modified to conform to such agreement. Non -producing leases shall terminate on the first anniversary date of the lease following the termination date of the unit or part thereof modifying the lease, but in no event prior to the end of the primary term of the lease or the extension term of the lease. 15. PRODUCTION: Lessee shall, subject to applicable laws, regulations and orders, operate and produce all wells upon the leased land so long as the same are capable of producing in paying quantities, and shall operate the same so as to produce at a rate commensurate with the rate of production of wells on adjoining lands within the same field and within the limits of good engineering practice, except for such times as there exist neither market nor storage therefore, 4319509 Pages: 7 of 13 07/19/2017 01:59 PM R Fee:$0.00 Carly Koppes, Clerk and Recorder, Weld County, CO liii kirdP'Y6V ICI IIII 4 INXIVIIJ'9T4+i liAli k Bill Small -Tract Oil and Gas Lease Page 8 and except for such limitations on, or suspensions of, production as may be approved in writing by Lessor. Lessee shall be responsible for adequate site security on all producing properties. 16. SHUT-IN WELLS: If Lessee shall complete a well on the leased land productive of gas and Lessee is unable to produce such gas due to a lack of suitable market therefore, Lessor may grant Lessee suspension of his obligations to produce hereunder until a suitable market for such gas can be found, and during any such suspension period, it shall be deemed that gas is being produced hereunder in paying quantities. Except, however, that beginning on the anniversary date next, of the year of an extension of the lease by reason of a shut-in well, Lessee shall pay to Lessor a shut-in royalty equal to $2.50 per acre of the lease per annum. The minimum amount of such shut-in royalty payment shall be $240. Each year's shut-in royalty shall be forfeited to Lessor except for the shut-in royalty paid for the year during which the well begins production. The maximum extension of the lease, due to the existence of a shut-in well, shall be five (5) years beyond the extension term as described in the EXTENSION paragraph herein. The granting of any further extensions shall be at the sole option of Lessor. 17. OPERATIONS: Exploration, drilling or production operation, including permanent installations, shall be in compliance with all Colorado Oil and Gas Conservation Commission and State of Colorado Regulations. Reports required to be filed with the Colorado Oil and Gas Conservation Commission shall be made immediately available to Lessor upon request. 18. NOTIFICATION: Lessee shall notify Lessor and the surface lessee or surface owner of the location of each drill site at least two weeks prior to commencing drilling operations thereon. Lessee shall notify Lessor before commencing to plug and abandon any well by copy of Lessee's request for approval or sundry notice of intent to plug and abandon. 19. BONDS: Lessee shall be liable for all damages to the surface of the land, livestock, growing crops, water wells, reservoirs, or improvements caused by Lessee's operations on said land. No operations shall be commenced on the land hereinabove described unless and until Lessee shall have filed a good and sufficient bond with Lessor, in an amount to be fixed by Lessor, to secure the payment for such damages as may be caused by Lessee's operations on said land and to assure compliance with all the terms and provisions of this lease, the laws of the State of Colorado, and the rules and regulations thereto appertaining. A bond may be held in effect for the life of production of any well. 20. SETTLEMENT: Lessee shall not remove any machinery, equipment or fixtures placed on said land, other than drilling equipment, nor draw the casing from any well unless and until all payments and obligations currently due Lessor under the terms of this lease shall have been paid or satisfied. Any machinery, equipment or fixtures left on this land for a period of more than six (6) months after the expiration hereof, shall automatically become the property of Lessor. 21. OTHER DISCOVERY: Should Lessee discover any valuable products other than oil and gas, on or within the leased land, Lessee shall within seven (7) days report such discovery to Lessor, in which event Lessee and Lessor may negotiate a provision for production of such discovery. 22. WATER: This lease does not grant permission, express or implied, to Lessee for water exploration, drilling, or establishing water wells without the written permission of the surface owner. If Lessor is the surface owner, said permission shall not be unreasonably withheld. If Lessee desires to establish or adjudicate any water right for beneficial use on the leased land, any such adjudication or application shall be in the name of Lessor if Lessor is the surface owner. The same shall apply to any non -tributary water rights established on the leased land which may be put to beneficial use off said land. 4319509 Pages: 8 of 13 07/19/2017 01:59 PM R Fee:$0.00 Carly Koppes, Clerk and Recorder, Weld County, CO VIII l��1�'� �F�I�6���I tf�[al �M�'�M�4,i�+iW�h Bill Small -Tract Oil and Gas Lease Page 9 23. DEFAULT: Upon failure or default of Lessee to comply with any of the terms and provisions hereof including, but not limited to, the failure to comply with laws, rules and regulations governing Colorado oil and gas operations, Lessor is hereby authorized upon notice and hearing, as hereinafter provided, to cancel this lease as to all of the leased land so claimed or possessed by lessee hereunder. In the event of any such default or failure, Lessor shall, before making any such cancellation, send to Lessee by certified mail, to the post office address of said lessee as shown by the records of Lessor, a notice of intention to cancel for such failure or default, specifying the same, stating that if within forty-five (45) days from the date of mailing said notice, Lessee shall correct such failure or default, no cancellation will be made. If such failure or default is not corrected within forty-five (45) days after the mailing of such notice, and if Lessee does not request a hearing on such notice within forty-five (45) days, this lease will terminate and be canceled by operation of this paragraph without further action by Lessor, or further notice to Lessee. 24. EXTENSION: If Lessee fails to make discovery of oil and gas, or either of them, in paying quantities during the primary term hereof, or during drilling operations commenced during the primary term hereof, Lessee may make written application to Lessor for an extension of this lease. The granting of such extension shall be at the sole option of Lessor, according to the following conditions: A. Extension Limit: No lease term will be extended for more than six (6) months from the original expiration date. B. Extension Payment: The Lessee shall pay to the Lessor the sum of one-third of the original bonus. C. No Change in Royalty: The royalty will remain the same. 25. HOLD HARMLESS: Lessee shall indemnify Lessor against all liability and loss, and against all claims and actions, including the defense of such claims or actions, based upon, or arising out of, damage or injury, including death, to persons or property caused by, or sustained in connection with, operations on this leased land or by conditions created thereby, or based upon any violation of any statute, ordinance, or regulation. 26. CONDEMNATION: If the leased land shall be taken in any condemnation proceeding, this lease shall automatically terminate as of the date of taking. The award for such condemnation shall be paid to Lessor, except for any specific award(s) paid to Lessee for severed oil and gas reserves, in which event 50% of such specific award(s) shall be paid to Lessor in lieu of royalty lost by virtue of the condemnation. Improvements shall be removed by Lessee per terms in the SETTLEMENT paragraph herein. If only a portion of the leased land is taken by condemnation, Lessor may, at its option, terminate this lease or terminate only that portion of the lease so taken. 27. ERRORS: Every effort is made by Lessor to avoid errors in all procedures including, but not limited to, auction listings and lease preparation. Lessor shall not be liable for any inconvenience or loss caused by errors which may occur. Lessee shall notify Lessor immediately upon discovery of any errors or discrepancy whatsoever. 28. ARCHAEOLOGY: Lessee shall not destroy, disturb, mar, collect, remove or alter any prehistoric or historic resources of any kind on Weld County lands as provided by law. These resources include, but are not limited to, all artifacts of stone, wood or metal, pictographs, structures, and bones. A discovery of anything of prehistoric or historic nature shall be reported to Lessor or the State of Colorado Archaeologist immediately. 4319509 Pages: 9 of 13 07/19/2017 01:59 PM R Fee:$0.00 Carly Koppes, Clerk and Recorder, Weld County, CO ill' IR�.rI�Y�l�Pu�l��� h�'��PJ, Ii10 iil411111 Small -Tract Oil and Gas Lease Page 10 29. DEFINITIONS: For purposes of this Lease, the following definitions apply: A. "Products" refers to any and all substances produced on the leased property, including all oil and gas, found on or under the leased property. B. "Market Value" shall mean for gas and products therefrom (i) the gross price at which gas or products therefrom are sold pursuant to a Gas Contract, as defined in paragraph 2C, or (ii) if not sold pursuant to a Gas Contract, as defined in paragraph 2C, the highest gross price reasonably obtainable for the quantity of gas or products available for sale, through good faith negotiations for gas or products produced from the Leased Premises at the place where such gas or product is available for sale on the date of such a contract with adequate provisions for redetermination of price at intervals of no less frequency than two (2) years to ensure that the production is being sold for no less than the current market price. Included within the definition of "Market Value" as used herein is the presumption that Gas Contracts are arms -length contracts with purchasers who are not subsidiaries or affiliates of Lessee. "Market Value" shall never be less than the amount actually received by the Lessee for the sale of hydrocarbons. C. "Affiliate" is defined as the parent company or a subsidiary of Lessee, a corporation or other entity having common ownership with Lessee, a partner or joint venturer of Lessee with respect to the ownership or operation of the processing plant, a corporation or other entity in which Lessee owns a ten percent or greater interest, or any individual, corporation or other entity that owns a ten percent or greater interest in Lessee. D. "Costs" and/or "Expenses" shall mean all costs of gathering, production, transportation, treating, compression, dehydration, processing, marketing, trucking or other expense, directly or indirectly incurred by Lessee, whether as a direct charge or a reduced price or otherwise, including fuel use attributable to any of the services listed above. "Costs" or "Expenses" also include depreciation, construction, repair, renovation or operation of any pipeline, plant, or other facilities or equipment used in connection with the treating, separation, extraction, gathering, processing, refining, transporting, manufacturing or marketing of hydrocarbons produced from the Leased Premises or lands pooled therewith. E. "Gas" as used herein shall mean all gases (combustible and noncombustible) including, but not limited to, all gaseous hydrocarbons, gaseous compounds, carbon dioxide, and helium. F. "Oil and gas" as used herein shall include all substances produced as by-products therewith, including, but not limited to, sulfur. G. "Paying quantities" as used herein shall mean and refer to quantities of oil and gas or of either of them sufficient to pay for the current cost of producing same. 30. HEIRS AND ASSIGNS: The benefits and obligations of this lease shall inure to, and be binding upon, the heirs, legal representatives, successors or assigns of Lessee; but no sublease or assignment hereof, or of any interest herein, shall be binding upon Lessor until the same has been approved by Lessor as explained in the ASSIGNMENTS paragraph provided above. 31. WARRANTY OF TITLE: Lessor does not warrant title to the leased premises, but it shall, upon request, allow Lessee access to such abstracts and other title papers as it has in its files. There shall be no obligation on Lessor's part to purchase new or supplemental or other title papers, nor to do any curative work in connection with title to the subject lands. 4319309 Pages: 10 of 13 07/19/2017 01:59 PM R Fee:$0.00 Carly Koppes, Clerk and Recorder, Weld County, CO lIII KA P ritalgiLICNOW � �� K���YL�k 11111 Small -Tract Oil and Gas Lease Page 11 32. FORCE MAJEURE: Neither party shall be responsible for delays or failures in performance resulting from acts or occurrences beyond the reasonable control of such party, including, without limitation: fire, explosion, power failure, flood, earthquake or other act of God; war, revolution, civil commotion, terrorism, or acts of public enemies; any law, order, regulation, ordinance, or requirement of any government or legal body or any representative of any such government or legal body; or labor unrest, including without limitation, strikes, slowdowns, picketing or boycotts. In such event, the party affected shall be excused from such performance (other than any obligation to pay money) on a day-to-day basis to the extent of such interference (and the other party shall likewise be excused from performance of its obligations on a day-to-day basis to the extent such party's obligations relate to the performance so interfered with). 33. SURVEYS, ABSTRACTS, TITLE OPINIONS AND CURATIVE WORK: A. If Lessee shall cause any of the exterior or interior lines of the property covered by this lease to be surveyed, Lessee shall furnish Lessor a copy of such survey. Lessee shall furnish Lessor, within a reasonable time, with a copy of all maps submitted to the Corps of Engineers of the United States Army, Railroad, or other governmental or official agency or department having jurisdiction, showing the proposed location of all roads, pipelines, canals and drill sites on the Leased Premises. B. All abstracts of title, whether new or supplementary, obtained by Lessee and covering the subject lands shall become the property of, and be delivered to, Lessor after Lessee has completed its title examination and curative work, subject, however, to the right of Lessee to use such abstracts upon request at any time during the term of the lease. Therefore, if Lessee causes an abstract of title to be prepared covering the property herein leased, or any portion thereof or if Lessee shall cause the title to be examined or should obtain a title opinion or title certificate upon the property herein leased, Lessee agrees to furnish Lessor a copy thereof within two (2) weeks of Lessee's receipt thereof. Lessor agrees that neither Lessee nor the attorney or firm of attorneys rendering the opinion or certificate shall be responsible to Lessor for its correctness, the said opinion or certificate being furnished to Lessor simply for its own convenience, information and personal use. Similarly, if any curative material is obtained by Lessee, a copy thereof shall immediately be furnished Lessor under the same conditions of non -liability on the part of the Lessee or the persons who may have obtained or prepared the same. IN WITNESS WHEREOF, Lessor has hereunto signed and caused its name to be signed by the CHAIR, BOARD OF COUNTY COMMISSIONERS OF THE COUNTY OF WELD, with the seal of the office affixed, and Lessee has signed this agreement, the day and year first above written. LESSOR: ATTEST: dderAsA) G JCL, ok. Weld County Clerk to the Board the oard BOARD OF COUNTY COMMISSIONERS WELD COUNTY, COLORADO Chair, Board of Cou ty C ' m ' issioners J 1 7 2017 02 0 / 7 3 Small -Tract Oil and Gas Lease Page 12 LESSEE: Grizzly Petroleum Company, LLC Company N -me STATE OF(CoIorbc(0 COUNTY OF be ✓1uCr ) ss Si. a ure �1eve-n f(4.cLt -SUP LA40 Printed Name and Title The foregoing instrument was acknowledged before me this /64- day of ) (,.a C by S+eve SFAc:Y—SUiO 'r;-rz17 cif-rr► e(4e ► Witness my hand and official seal. My Commission Expires: 31/c/115 c/(,e% L - Notary Public 4319309 Pages: 12 of 13 97/19/2017 01:59 PM R Fee:$0.00 :arly Koppes, Clerk and Recorder, Weld County, CO pill �'! �l4 I�+ IY I� L ���+KI 1'W��ih�+li ► II II DONNA M. TALBOTT NOTARY PUBLIC STATE OF COLORADO NOTARY ID 20114015841 COMMISSION EXPIRES MAR. 14, 2019 (Revised 06/2014) Small -Tract Oil and Gas Lease Page 13 EXHIBIT A 4.626 ACRES (GROSS1 Acfiut 1 14.1025 81_0 LEGAL DESCRIPTION: Tract #1 1.8477 acres, more or less, situated in the NE/4 of Section 11, T4N, R67W, Weld County, Colorado, known as Lots 1 through 7 & 32, Block 70, Town Of Milliken, according to the Plat thereof dated July 10,1909 and recorded in Reception No.143902, Weld County, Colorado, and Lots 16 through 24, Block 70, Amended Plat of portions of the Town of Milliken & First Addition, according to the Plat thereof dated October 8,1910 and recorded in Reception No. 159709, Weld County, Colorado. Said Lots later become a part of Lots 1&2,A,B,C,E,F,G,H,I and K, and a part of the alley, Block 70, Iron Horse Subdivision Replat, according to the Plat thereof dated 2/1/1996 and recorded in Reception No. 2475717, Weld County, Colorado. Also: Tract #2 0.1664 acres, more or less, situated in the N/2 of Section 11, T4N, R67W, Weld County, Colorado, known as Lots 17 & 18, Block 72, Town of Milliken, Colorado, according to the original Town Plat thereof dated July 10, 1909 and recorded in Book 5, Page 7, Reception No. 143902, Weld County, Colorado. Also: Tract #3 0.1894 acres, more or less, situated in Section 11, T4N, R67W, Weld County, Colorado, known as Lot 21 and 22, Block 74, of the Town of Milliken, according to the Plat thereof dated July 10, 2 1909 and recorded in Reception No. 143902, Weld County, Colorado. 0 Also: T••• C Tract #4 m-0 0.509508 acres, more or less, situated in the NE/4 of Section 11, T4N, R67W, Weld County, .a Colorado, known as Lots 1,2,3,4 & 5, Block 92, Town Of Milliken, according to the Plat thereof -` dated July 10, 1909 and recorded in Reception No. 143902, Weld County, Colorado, Later to rbecome a part of Lots A,B,C and a part of the Alley, Block 92, Iron Horse Subdivision Replat, 110-E according to the Plat thereof dated 2/1/1996 and recorded in Reception No. 2475717, Weld County, Colorado. is oM r�tY Also: B Tract #5 'NYM 1.912878 acres, more or less, situated in the NE/4 of Section 11, T4N, R67W, Weld County, ;)�, T Colorado, known as Lots 1 through 14, 19 through 23, Block 94, Town Of Milliken, according to 4 • the Plat thereof dated July 10, 1909 and recorded in Reception No. 143902, Weld County, rm�� Colorado. Vesting Deeds By Tract Tract #1 Reception(s) 998149 and 1060147 800K119/ PAGE JU DEED FROM COUNTY —The McVey Printery, Greeley, Colo. Rftl4ecacic_: 998149 Remotion S1419,1ti:lAliAnn Sean... &r a„j. IfCurti All ilen hg Oiliest Presents, That Whereas, *Treasurer's Decd(s) y (were) executed on the 2n4 day of Re.C.tilsher , 19..41, conveying the hereinafter described property to Weld County, a lawfully constituted county, of the State of Colorado, and said Treasurer's Deed(s) rwwx(were) duly recorded in Book(i7 ).f.>13.7....at Pages)?;:t1.aAit._•k fatndof, / 341 sod dutel Innuijry 17, 1944, Reeordo&Sook 1106, Pare 415 and d-:tce T'ovsr*et v1. 1 !?At. Rman r••'rW r'nn'. 1144. ones 41' • Tre_surcr's race's ±"'cutest. o: the 1"tl: :'env or ::e"trmher, 1°3S rrcor:led in Poole 1031, Pantos ^•11-^t::-174-311 c d :517 :,rd doted Beenrher 5, 193S, Rneor•".ed "oak 1035, P:i•-es 11G Lend 118 nil a•:to:i 'ril et, 1940, 7acorCecl Book 1060, Pury,e 543 :,nd Book 1061, Palo S in the r•cordci of ty:c Co•r. ty Clerk. :nr' Ttocorttar of the County of :eld, Mete of Colorado AND 'WHEREAS the Cdunty Commissioners of tnt County of -Weld did elect to sell said property as provided by law, and did cause notice of sale at public auction of such Real Estate to be advertised in two issues of .............. The :rerte" rooster , a newspaper of general circulation in the said County of Weld; the first notice advertised not more than thirty days nor less than twenty days before the date of such sale, and second notice advertised not more than fifteen days nor less than five clays before such sale, and did post said notice in a public place in the County Courthouse for at least thirty days before the date of such sale; and thereupon did offer such real estate for sale at public auction (pfiiv ' It ey)xon the ....J zSit day of ..s:uxtt:.xa , 194...7, (at time and place as stated in said advertised notice;) AND WHEREAS, r^^rch of tl;„g,7.yy_,;pu 2Itt1ttf County of . Feovtar State of Cn,io= 'ao , bid for said property the sum of Throg liN114.Ef s-- rt et,.-. '." DOLLARS and "° CENTS, which bid being the highest and best bid for cash in hand (and being more than one-third of the latest appraisal of the full cash value made by the County Assessor of said property) was accepted by the Board of County Commissioners of the said County of Weld; ANT) WHEREAS, the said ?n Ch has paid the sum of Three nnr,r-.n - DOLLARS and no CENTS in loll payment of said bid for said property: NOW THEREFORE, Weld County, by Rlrolr! 1!. 'ic:iaa its Commissioner appointed to execute this deed being the same person as ...};'twit?.. !2...50:!_. -An......._._.., the duly qualified fl3aputy) County Treasurer of Weld County, acting upon the direction of the Board of County Commissioners of Weld County and as (Deputy) County Treasurer, in executing this deed, for and in consideration of the stun of Throe 'c-ucdrea_Ytrty-T4:q DOLLARS and no CENTS, paid as aforesaid, and by virtue of the statutes in such case made and provided. by these presents does grant, bargain and sell the following described real estate, to -wit: That ''t. t"S' : ' - :-n' r* of Tr'' cor ^llr 0, '^tnneh:,r^., N100' 7:150° (Tr ^t• 1 Luxes , P:, :,. .I n 7 :'ortl,, W Prp:o 56'ect !'t. fTr 'la) •'c- Unr.' '' o: Y"t rn. r•,,- ?, Stonehnn, now �r•n Lion 5, Tel. n.^.lint 7 ' orth, R.tnro 56 inn Lots 4-7-8, ^lock 6, Pr1';-:stttulc l.ot:, 're -C -a -1.'-1^-14-1t., 'outh of t'o. ? Ran:,1, Bloch 1, l"ortt Creole;' .:5P tots 1. to 3, nlc.o!: 14, ?rrccriol: T.ots 1 •:r2 11, ^lac:: el, t'1'lil:en Lots 1 to 7 -•rc'. 7..r, "lock 7"t "it likrn tots 1-3-4, "lac'- :',, T'Unn, ! ' nr `T tours^ -ores 'tar tot 4, flno1: 4, *'nun, T'' of r Tourlr.nrna Sub "o'; ._`:n' of t' ! tor ulk t, 'torn!u;r., ' 1Uo` 1•`.O' 100' 150' to hdg, , (Tr "6) Section '5, To.-r•-1h1f, 7 t'orth, Y::rre 56 •'est x100' "1150' to hog., 2150' X100' ':150' to boo., except reservations in favor of the Union Pacific Railroad Company and except reservations in the United States Patent and reserving existing reservoir sites and irrigation ditches, if any, existing rights of way for public high- ways and roads, and to any and all existing casements or rights of way, however evidenced or acquired, and subject to existing lenses and reserving therefrom, to grantor, all oil, gas and other minerals therein or thereunder, situate, lying and being in the County of Weld, State of Colorado, unto the said .f +..xlr_.AATOh (theinLcfihet:e) his heirs and assigns, without any covenants of warranty whatsoever and subject to all the rights of redemption by minors, insane persons or idiots as provided by law. This deed is made pursuant to resolution of the Board of County Commissioners of Weld County, Colorado, duly made and entered of record in its proceedings the ....E t;i-... day of ... appointing N'ro1' 1t. Set: -..an , Commissioner aforesaid, to execute this deed in and to affix the seal of Weld County, Colorado, conveying said real estate to second party IN WITNESS WHEREOF, I, .`.'.?r.9.1?j..'i.. •'r:?.??............................. ..., Commissioner appointed to execute this deed, on behalf of said County and by virtue of the authority contained in the order made by said Board of County Commissioners on the ....1.'d.G)1,.-... day of .._,7nDtmr2t...... .,...c.c,.., . , 19.42.., have hereunto set my hand and affixed the seal of said County` tb�9:� =e.ar ,l-, ......._... day of Bebrtmry 19....., for the usrt4ytaria pthose�-Mein set forth. 4 ) SO.UNTX:: SEAL I YC q ................. A. D. 19.4.7., behalf of Weld County, hereto. STATE OF COLORADO, t COUNTY OF WELD f Ji r T�foregoin ntstr ni.was ackito Wedged before me this - . day of „44-7..--tfcy% .... , A. 11 19.,4/. � q � �1 by../(71 lJ.t. . ...AV. ..., Commissioner appointed to execute this deed. WITNESS my Hand and Official S SEAL) • Its Conttnissioh.,rtto execute lids d?ctarrd as (XDE ) Coub/y,'7rcasurer of Nile ouuty, 7r.,•. t.. . • i i Ea 14S r"..tA1.36 DEED PROM COUNTY —The McVc-r !'xaitcrx. Grcccp-, Cda WIS.00art ��: _.:Rec. :AO6O 147 i (111(11.4,7Gpo.oren 4 _ . -----_ usoon.L s. 4 • annul Ail tarn beg R)es!< preaeels. Thus W‘ , a Treasurer's Deed(wns Nam) executed on the 1214..... day, or. .,S'.1,iean!tay ... ,., 19%., tzmveytng the hereinafter described property en Wdd County, a lawiteUy commuted (musty of Ow State at Colorado, and saki Treasurer's Teetifo), was rata!) duly recorded in Bocitfp ..W 1.. al Pagtes) .?A5. . rn the records M the County Clerk nod tiecordrr of the County of 'Weld, State of Cvlurado; . CI) 11'HERL.;s the County Corrmrlaaineeri 04 the County of Weld did elect to cell said property as provided by law, and did cause notirae at sale at public. auction of such Real Estate 1O be admitted in two (dams of The Greeley Booster _ . a newspaper of general circulaticm in the said County of Weld; the (bt notice advertised sot mare than thirty days nor less than twenty days Ulnae the thug of spa tale, and second entice advertised no more than fifteen days mar less than five days before sod mitt, end did post said recalls in a radblk place in the County Courtbmae far at lit thirty clays before the date of such sale; amts tleretttwn did offer soh reap estate for safe at public auction (Isuctiarzzieit on the -. 3R. -_ day of 114.9_., fat time and place as staled to said advertised notice; ) AND WHEREAS. 'DGEIa,1.Sl_k.Darrttt.. � lii�t.l+..,L3'3f9)T,.. of the County of .._ 1≥u1]c.... . .... . Slue of .., trill for said property the sum of .... DOLLARS and .... ....... AO ... _. CENTS, which bid hoeing the highest and WO !yid for cash In hand (and being Inure Bradt one-third of the steal appraisal of the full ash valve made by the Conley Aster of mud property) was accepted by the flood a County Commissioners of the said County of Weld; ��!! AND WHEREAS. the said .,. . ..... _3�epsaid the sum of in full paymem of mid bid Inc raid property: NOW 'T REREFORV, Weld Codas, by ..UUtLLARS and ..-----••---...> ._..._ _ CENTS its Commissioner appointed to execute this dad being the same ;rersoet ►..._.1htOld..11,rxaaara..._, the duty i1wl iled (≥ice) County Tre.lsturr of Weld County, actime upon the direction of the Board of County Ceennsimianers of Weld County and as (=PRP) Cuuoty Treasurer, in exttoting this deed. ice and is consideration or !bewail of .......... .._..... i1U1.t,A lt.S and . DA.. ... _ ..,.. CEN" lS, paid as aforesaid, and by virtue of the Manta la wcii case matte ,tad provided, by last pause= does grant, laargatn and tell the following described real estate, to -sit: Lots id to Zap Sloes let iti11iktnts Ananded Portion, eu:ret rcteretrions in snake or the Union Pndiic Railroad Company anti except reservations in the United Slate Patent rind rti ring exSSling reservoir sites and irrigstioot ditches, ii any, existing righ4s of any for pubfie hiet- ways and mar's, and to any and all existing easements or rights of surly, hcwever evidenced or tegutred, and subject to trilling lapses and revving therefrom, to glamor, all oil, gas and other ratifieruts therein or thereunder, sits a_ lying and Wing In the County of Weld, State of Colorado. unto the said t Ls1.L.,1 orxis te.. ar E,+ ',their) (Nem treetbetrr and assigns, without any c"'snsuts of warranty whatsoever and sed'jett to all the rodemption by suitors. Insane percent or Idiots as provided by taw, Thisdeed is mode , irsuant to resoluticm of the Board of Cutmty Commissioners of Weld County, Colorado', duly math and emend ul record In Its preending% the _.. titb .....day of .. ..__.... tJ..___.__._..., A. D. 1.9....42, nppninUnp; Commissioner nfoteetid, to nectar this deers in belw.it ni Weld County, and In Oh the scud of Weld County, Caibrsado, conveying said reel estate to second party hereto. 1N W1TNRSS WHEREOF, 1i.._ ..... ...iirtra]8.1)...-5eeaea ._ ... , Ccrmmkssiorxr appointed to execute this deed, no egeteu of said County and by virtue al the authority mmtaioed in the order made by said Board of Canny Cnrnaniotioners on the .911.—• day of ......._._ ?'hlrl ry��ave hetlemics en my hand and affixed the std of sold County rids _._., .X!.L..-L•dp trofi. 19 , for the is and purpw i tbetrin set forth.: -.g r a 1 COLniWE SEAL c .. `i: its Cesve ssiauc:. to ream t•bri deed sad Treasurer o {{ `, ! Gntuttt�., , - MTATE Olt COLORADO, 1 _ Cwi n ur Wilde j� 1 Ttrtiment wsai acknowledged betore rue this .r , ." day af, _..d 'L ...—, A. D.1944.9 T r � '*'V , Ccomli kner appointed to execute this deed. as filitttevii Carroty W ITiti my Hand and Mad Seal. idtCamanuasi, dl _ . ty t,isru't • BOOK 119(/ Pact 60 DEED PROM COUNTY—iuc ait%c;- .artery. (,reeky, Leo. Tract #2 Reception(s): 998158 cep: 998158 Q.es•ottan t'Je..: ti -L L'�Mn Scum', Record°. 3XUL111I All flint fig MINFli1' igrrEP11tS. That Whereas, a Treasurer's Decd(s) was Once) executed on the %Iitd day of .......pea suit er , 19 h1, conveying the hereinafter described property to Weld County, a lawfully constituted county of the State of Colorado, and said Treasurer's Deed(a)' was (mes* duly recorded in Book(z) .1Q.92.. at Page(r) 3S.4 in the records of the County Clerk and Recorder of the County of Weld, State of Colorado; AND WHEREAS the County Commissioners of the County of Weld did elect to sell said property as provided by law. and did cause notice of sale at public auction of such Real Estate to be advertised in two issues of Tee er•nclev ^co. te' a newspaper of general circulation in the said County of Weld: • the first notice advertised not more than thirty clays nor less than twenty days before the date of such sale, and second notice advertised not more than fifteen days nor less than five days before such sale. and did post said notice in a public place in the County Courthouse for at least thirty days before the date of such sale; and thereupon did offer such real estate for sale cat public auction (pcivato.saled) on the ....1At.1day of .__. tale. s;= y .... ., 19441$ fat time and place as stated in snid advertised notice; ) AND WHEREAS, ....':':i' au]..Ti.:: 6r..C1 t n• *4 of the County of• "11d Slate of ....... c :.1r• C... 't ................ bid for said property the sum of T re:' t. v DOLLARS .,:el ....._::... ........... . LEN T5, which bid being the highest and best bid for cash in hand (and being more than •..,e -third of :he In Ies; apprai=al of the full cash value made by the County Assessor of said property) was accepted by the ftoa+d of County Commissioners of the said County of Weld; . AND WHEREAS, the said r., r,i et, f ct ^o. 64 has paid the sum of '•••••• ... DOLLARS and r° CENTS in fill payment of said L'd for said property: NOW THEREFORE. Weld Cooley, by i"end +'• :: o:uc_n its Commissioner appointed to execute Ihi,s deer) being the same pereou ne "'•rri ".• 'ten , the duly (nullified :1Deputy± County Treasurer of Weld County, acting upon the tlirectis,' of the Board of County Commissioners of Weld County and as (Deputy) county Treasurer. in executing this deed, for and in consideration of the sum of 'Pa -it v DOLLARS and _!'en . ...... ....................CENTS, paid as aforesaid, and by virtue of the statutes in such case made and provided by these presents does grant, bargain and sell the following described real estate, tu•wit: • .. 1 . , ..t t1-.::•• -xcept reservations in favor of the Union Pacific Railroad Company and except reservations in the United States Patent and reserving existing reservoir sites and irrigation ditches, if any, existing rights of way (or public high- ways and roads. and to any anti all existing casements or rights of way, however evidenced or acquired, and subject to existing leases :out reserving therefrom, to grantor, all oil, gas and other minerals therein or thereunder, sjlnnte. lying ail being in the County of Weld, Stntc of Colorado, unto the said ............ !'f.. -'•• uthend_UJter)-•Ills;.)setts-and .i sign?, without tiny covenants of warranty whatsoever and subject to ail the rights of redemption by minnrs, insane persons or idiots as provided by law. This deed is made pursuact to resolution of the Board of County Commissioners of \Void County, Colorado, duly made nod entered of record in its proceedings the A414' day of 7.+iris+"' A. U. 19''/7 appointing ......' :ht •Li.t 7 - ,t. Commissioner aforesaid, to execute. this deed in behalf of Weld County, and to nfrx the seal of Weld County. Colorado, conveying said real estate to second party hereto. iN WITNESS WI•TEREOF, T, •srole' l.. ^"I` Commissioner appointed to execute this deed, cin behalf of said Comity and by virtue of the authority contained in the order mace by saki Board of County Commissioners on the L:,t:i• day of Saintery , 17 47 have herettnte set my hand and affixed the seal of said County ttis`:r> %.tom ........... day of :.\tv" r77y.,t, ........F.ahn..r;, , I9.. 3.., for the uses; 2tl •itel es.thcrcin act forth. CCAINTY:. ,. SEAL C > (...Leta (SEAL) Its Commissioner ft b:c.4tnic, t/ris:dnevi teal . t; t:`) as MOWS, Calmt3.t?jeccsurcr'of iir&{KLattuly, STATE OF COLORADO.I••.%)::',.' . L... • �'r COUNTY or Avran • �'t. ?'.tia..r.•. Nh T%I e foregoin Instru cat was acknow edged before me this, J day of .71 -�s�.., A. D. 19.447 byi . .,'Commissioner appointed to execute this deed. • �C WITNESS my Hand and Official Seal My Cos I rT_ UUti.l, d Courtly. Colorado Tract #3 Reception(s): 939476 cc�� t1 ``. y.cordln�`� i_9_]��a.tj_ 1 :'O'cixk� rt. BOOIi1E P PM COU V Q q j RD FROM COUNTY —Tim McVay Printery, Grcelcy, Colo. Pxaotion No._ ?+C XA`_r-rl,n Scorner, ptmraoa -Rece : 939476 Know Alt 1Ahhu hlj ifl1PnP 4lrvnnnto. That Whereas,a Treasurer's Deed(s MU (were) executed on the lg h.. day of ...A2th DpCaiberpril , 19.4., conveying the hereinafter described property to Weld County, a lawfully, yrstituted countli.pt the State of Colorado, and said Treasurer's Deed(s) tatx (were) duly recorded in Book(A) . ... at Page(s) in the records of the County Clerk and Recorder of the County of Weld, State of Colorado; AND WHEREAS the County Commissioners of the County of Weld did elect to sell said property as provided by law, and did cruse notice of sale at public auction of such Real Estate to be advertised in two issues of mg tia+eeloy flgptitor , a newspaper of general circulation in the said County of Weld; the first notice advertised not more than thirty days nor less than twenty days before the date of such sale, and second notice advertised not more than fifteen days nor less than five days before such sale, and did post said notice in a public place in the County Courthouse for at least thirty days before the date of such sale; and thereupon did offer such real estate for sale at public auction i'ACliiboggjpkon the 2g.th.. day of April 1944., (at time and place as stated in said advertised notice;) AND WHEREAS, ..L....`ll._Deti•nntbaUtEb of the County of .TD A :snit State ofColorudo bid for said property the sum of .... .. t4U.RtcX- - - - - - - - DOLLARS and ......R° ......................... CENTS, which bid being the highest and best bid for cash in hand (and being more than one-third of the latest appraisal of the full cash value made by the County Assessor of said property) was accepted by the Board of County Commissioners of the said County of Weld; AND WHEREAS, the said ...L.._i7..._.Rlarteubplt2h has paid the sum of ninsty - - - DOLLARS and na CENTS in full payment of said bid for said property: NOW THEREFORE, \Veld County, by Harold H. Seaman its Commissioner appointed to execute this deed being the same person as.1iarnld..1L..fteonwn................ the duly qualified i79 County Treasurer of Weld County, acting upon the direction of the Board of County Commissioners of Weld County and as PallifitWX County Treasurer, in executing this deed, for and in consideration of the sum of stino.ty - - - - - - DOLLARS and n.Q CENTS, paid as aforesaid, and by virtue of the statutes in such case made and provided, by these presents does grant, bargain and sell the following described real estate, to -wit: Lots 17 to 19,131k i3: Lots 20 & 21, 131k 74r Milliken _ rir except reservations in favor of the Union Pacific Railroad Company and except reservations in the United States Patent and reserving existing reservoir sites and irrigation ditches, if any, existing rights of way for public high- ways and roads, and to any and all existing easements or rights of way, however evidenced or acquired, and subject to existing leases and reserving therefrom, to grantor, all oil, gas and other minerals therein or thereunder, situate, lying and being in the County of Weld, State of Colorado, unto the said Tr..: la...72Q�x 9itkRilBkt gratig riEfhOris heirs and assigns, without any covenants of warranty whatsoever and subject to all the rights of redemption by minors, insane persons or idiots as provided by law. This deed is made pursuant to resolution of the Board of County Commissioners of Weld County, Colorado, duly made and entered of record in its proceedings the ru 3. th . day of i nne ....., A. D. 19 44, appointing...liarrad,..JI,...9.e.atinn....._..........., Commissioner aforesaid, to execute this deed in behalf of Weld County, and to affix the seal of Weld County, Colorado, convoying said real estate to second party hereto. IN WITNESS WHEREOF, I, ... Qt .. H•.3eataan .............. Commissioner appointed to execute this ............. ........................ deed, on behalf of said County and by virtue of the authority contained in the order made by said Board of County Commissioners on the 1.3 th day of JtiR4 hereunto set my hand and affixed the seal of said County this June 19 44 , for the uses and t, • h?TY` COU SEAN. : •. n ()LOB. 'Elk'OY• STA,COLORADO, 1 Count/ OP WELD fss. , 19 44 , have 1.5tb day of rposss.thercih set forth. iPes Pv%'t. (SEAL) Its Commissioner to exciutc this deed and as 7ciar'¢7iXgfj County Treasurer of 11'cld Cowiiy; f The. foregoing instrument was acknowledged before me this .. .S?tl?... day of ....... Zone'. by; ' Hl.£ai...a,t...t`3.R4I} , Commissioner appointed to execute this deed. . t,• WITNESS my Hand an. Official xielofaemegal+i Clerk Distr Weld County A. D. tV &.. Tract #4 Reception(s): 938652 6= tiRowidedllDa__ "_-O'clock) _ht. DEED FROM COUNTY=rec alcVey Printery, Greeley, Colo. Reception No.938652 ,h Somer., Recorder HOW 1135 PAGE 80 ec Eutaw All : ell by aupPSP rnBP1ltu, That WhereasatarTreasurer's Deetlfs nacw(weit ex utecT 15th Nocemb er on the .... day of .. e2t ...... _..., 19.. , conveying the hereinafter described property to Weld County, a lawful) ituted coagiluiti State of Colorado, and said Treasurer's Deed(s) mn..x(were) duly recorded In Book(s) 1.. at Page(s) .531.,... in the records of the County Clerk and Recorder of the County of Weld, State of Colorado gin. 538, 253, 304, 341 AND WHEREAS the County Commissioners of the County of Weld did elect to sell said property as provided by law, and did cause notice of sale at public auction of such Real Estate to be advertised in two issues of .............. .... ....... , a newspaper of general circulation In the said County of Weld; the first notice advertised not more than thirty days nor less than twenty days before the date of such sale, and second notice advertised not more than fitteeu days nor less than five days before such sale, and did post said notice in a public place in the County Courthouse for at least thirty days before the date of such sale; and thereupon diet offer such real estate.for pale at public auction 1 tseite oft) on the .....26th.... day of .. ADr'?.7................. _._ 194.4, (at time and place as stated in said advertised notice;) AND WHEREAS, Ono.. W...Laaaof the County of ... _..➢1e14 .............................. State of ....G4 9r.94P........................ bld for said property the sum of W...—.'......'. "..' . _. DOLLARS and . no ...... CENTS, which bid being the highest and best bid for cash in hand (and being more than nit -third of the latest appraisal of the full cash value made by the County Assessor of said property) was accepted by the Board of County Commissioners of the said County of Weld; AND WHEREAS, the said..._....Geo....W....Qttsp_..... ____................__..._......_.............._........ has paid the sum of fifty ^ ••tr st_rr_r..._ ..x -..-...-_.z_-_.-DOLLARS and no _ CENTS in full payment of said bid for said property: NOW THEREFORE, Weld County, by .EmT.Rl4_ ...�etW!etta its Commissioner appointed to execute tins deed being the same person a.; ..._.HONDA He Se#n en ...»..., the duly qualified (Dorm) County Treasure, of Weld County, acting upon the direction of the Board of County Commissioners of Weld County and• as (11D1> County Treasurer, in executing this deed, for and in consideration of the sum of • - - - - DOLLARS and -no.. -..T.. -..r.... -..-...-.CENTS, paid as aforesaid, and by virtue of the statute's in such case made and provided. by these presents does grant, bargain and sell the following described real estate, to -wit: Lots 29 to 38, Block 64: Lots 12 to 16, 19 to 22, Block 69: and Lots 1 to 5, Block 92, Milliken. ar� 1:. ,a p i except reservations in favor of the Union Pacific Railroad Company and except reservations in the United Stales Patent and reserving existing reservoir sites and irrigation ditches, if any, existing rights of way for public high- ways and roads, and to any and all existing easements or rights of way, however evidenced or acquired, and subject to existing leases anti reserving therefrom, to grantor, ail oil, gas and other minerals therein or thereunder, situate, lying and being in the County of Weld, State of Colorado, unto the said ...f1eo...Il._Caep isitein xidmoxhis heirs and assigns, without any covenants of warranty whatsoever and subject to all the tights of redemption by minors, insane persons or idiots as provided by law. This deed is made pursuant to resolution of the Board of County Commissioners of Weld County, Colorado, duly made and entered of record in its proceedings the 2;3th..... day of ABFJ ........._..........._........, A. D. 19.44, appointing ..Barnlri.H....Sttnada , Commissioner aforesaid, to execute this deed in behalf of Weld County,. and to affix the seal of Weld County, Colorado, conveying said real estate to second party hereto. IN WITNESS WHEREOF, I, _._.FxtxtlA.Iiw agAttAMltl..... __. _. . .., Commissioner appointed to execute this deed, on behalf of said County and by virtue of the authority contained in the order made by said Board of County t l ,•J the .......T.iti7t.... day of Ax?�..___.._.....�a':, , 1g,'4.t, have hereunto set my hand and affixed the seal of said County this..:. nit ' . -.day of MN( ...__»...__...., 19..9.., for the uses an u es therein sea'forth. •J. Commissioners on • '"CrOUNTY ' SEAL, f.u.' t STATE,Ot• COLORADO; COUNTY 6F' WELD ss. The f.9 a&tiing,instrumeiit was acknowledged bcfmt me this . 1.S.t . day of .._ rlita7Q by "}1CQj f3:.T�....S.t3Rta&A.................. Commissioner appointed to execute this deed. EAL) Its Commissioner to crecittce,'ti� as (Brqmtp, Comity Treasurer -o): Cdinrty. y , t r Yield CO'Unty. C.ntpr.edo , A. D. 19...44 WITNESS my Hand and Official Seal. 538652 by DEED FROM Tract #5 Reception(s): 938657 and 1037212 .r Rocnniodd....a��4441p 1. -O•uavk-l. r, COUNTY—fhc AIcVt3 Printery, Creciry. cola. ReaodanNo_ 93yT.G5J/nn B001(1135 135 PAGE 85 e e '938657 Nunn' ALE i;i en hg �I Be Urneilt8. That Whereas, isTroxasurer's Deeds) as(were) ex toed • on the ...12.th... day of .....$eno.F .rn _.........., 19..x, conveying the hereinafter described property to Weld County, a lawfully constituted county of the State of Colorado, and said Treasurer's Decd(s) same (were) ,duly recorded in Bookletq .1Q31. at Page(s) .?..35.. in the records of the County Clerk and Recorder of the County of Weld, State of Colorado; 231 AND WIIEREAS the County Commissioners of the County of Weld did elect to sell said property us provided by law, and did cause notice of sale at public auction of such Real Estate to be advertised in two issues of .._.._..... ,•axgeleyr liooater .... ....._„ a newspaper of general circulation in the said County of Weld; the first notice advertised not more than thirty days nor less than twenty days before the date of such sale, and second notice advertised not more than fifteen days nor less than five days before such sale, and did post said notice in a public place in the County Courthouse for at least thirty days before the date of such sale; and thereupon did oiler such real estate for sale at public auction (ptiveuxsofet) or. the251bday of ..isPr:e.l............. ........ 194.4, (at time and place, as stated in said advertised notice;) ANT) WHEREAS, ..Clads.S....Gottereht.........__......_....._...... of the County of ...11.e1 .............................. State of ...Clolorado , bid for said property the sum of ..Zct7Ct9 .t.....- ....�..-...-_:.."...'..'. DOLLARS and ..no CENTS, which bid being the highest and best bid for cash in hand (and being more than one-third of the latest appraisal of the full cash value made by the County Assessor of said property) was accepted by the Board of County Commissioners of the said County of Weld; AND WHEREAS, the said ...ofarx.AA; .clot t?±.;;pht___...._....._....._......._...._......._.._._... has paid the sum of Sorty-.-.. --. ......... and ..........................._...._.........CENTS n in full payment of said hid for said property: NOW THEREFORE, Weld County, by .-liarold..A....5e rlit ._ .. ,,,,...... its Commissioner appointed to execute this deed being the same person as .....Ilst old..[f.. Se ttOfln..........., the duly qualified Qt> 1?3 County Treasurer of Weld County, acting upon the direction of the Board of County Commissioners of Weld County anti as EtTer)fiipfx County Treasurer, in executing this deed, for and in consideration of the sum of ..terty - - - - - - - - - - - DOLLARS anti no CENTS, paid as aforesaid, and by virtue of the statutes in such case made and provided, by these presents does grant, bargain and sell the following described real estate, to -wit: tots 2 to t4, 19 to 23, Block 94, tiilliken except reservations in favor of the Union Pacific Railroad Company and except resenalions in the United States Patent and reserving existing reservoir sites and irrigation ditches, if any, existing rights of wny for public high- ways and roads, and to any and all existing easements or rights of way, however evidenced or acquired, and subject to existing leases and reserving therefrom, to grantor, all oil, gas and other minerals therein or thereunder, situate, lying and being in the County of Weld, State of Colorado, unto the said _....9.lg.r s..S...fi.Qtthr.ek.t................ his heirs and assigns, without any covenants of warranty whatsoever and subject to all the rights of redemption by minors, insane persons or Idiots as provided by law. This deed is made pursuant to resolution of the Board of County Commissioners of Weld County, Colorado, duly made and entered of record in its proceedings the ....25th.... day of Atli. _...., A. D. 1944, appointing ._.2io wJfl..ii..Scruuvt..._......._, Commissioner aforesaid, to execute this deed in behalf of Weld County, and to affix the seal of Weld County. Colorado, conveying said real estate to second party hereto. IN W1TNE,SS WHEREOF, I, .....1itA]QL&JhJ. unelt , Commissioner appointed to execute this deed, on behalf of said County and fry virtue of the authority contained in the order made by said Board of County Commissioners on the hereunto set my hand and May COUNTY SEAL• lltf f' STATE O11'-eOLORADO, ) DAINTY or R'F.t•D Jss. The foregoigg instrument was acknowledged before 'Harold T(. 4euin t t•' 25th.... day of affixed the seal of Aprf-1 d 19..44 have said County this•....21st T.. ... , day of , 19 for th uses and , ' •s therein set forth. EAL) Jls Commissioner to exec ,,E9 tki deed nd as ( # Comely Treasurer o[ TVolirtortnty. • tic this 1st day of .......Juno Commissioner appointed to execute this deed. WITNESS my Hand and Official Seal. Clerk -5 Weld Co ,A.D.l944 orudo :vim The lure • llnokfr.i ll Y! p; ()Ando.11C1 In? 5 -1154 -Id 51-1126-1117-119C AND WHEREAS the Calmly Cnmmiltnkwers of the County of Weld did tint Na till mid ripely as provided by lair, and dtt ensue sake ad sale at public auction u( such Rea Estate to he advathesi hi two i unt c{ —. ,. It:, 'steamy lloocter a netrsporet of email elrruiatfes in flit ta1tt runner of Wild; ....._...-----........_ . the rig notke r/duertned net more titan chit ty dais ace leis that.. sonny days before at date at such sele. rtrs seared notice adbtrtised star mom than fifteen days sac Ito dna foe days Mute such wee, and did pasty said notice is n fault- piny in the Canny Cnlmistve for nt kart thirty Arty. Mf'rrr tat Ave dJ aura mar; and thrtenpnn di.9 trues stab real etaa t for :vita M public juctiun fin11141014) at 14 . ,C - day rAi . ...2.ttl7 . _ ._.., 19411., ler rime tsi CErin` ,t 'doted in 'Mitt :, rl I>t'1t!c'd taint )I ANL)W}1fsRL.S.... o, ...... . of 1be WASIME t i.ts..fc Ccunky.rat.iatos r ;fair cd Cnl°'t'1n , hid fur sail ;import, the so" of -.Ian hun�I,,d Cs pt 'C' sea 1)f1;1„r1R3 and __..nu _..._..... CEN'IS, which bud bas the highest and ben Sd foe dais a hand (and being tame than oneihite of the tetem rim -aim; of the full n,rh value mt2+t by Or C.awsty AmarNr'e of add propetty) wake RtA2ptad by the Baird ea Cwcty (:auuniuianes of the mid County of Weld; 4ND WHEREAS, the raid . .....� 1 hue red vsnct•'-One n full payment of aid t;%r_' for sfrt:itl p:upety \4W THLREFOZtE. Weld Cranny, by ro14.:4, 33!!0 7 suss... Its Cr sione: appaimed to exeunt this eked befog the sire priors is 1479.4. 3. fip5rp,:; .,- -., the duly qualified diapocra County TA:tl.iutn -: Weld Gran actiN upon Ike :litre:inn ad the heard at County etWAIM:enn of Weld County are is teurcy County Tteswnrr, in ?%su'ntleg :ilk thud, r':. and fa s sclltation 4f the vim I14I.L412S and no _ . CF—V2S. paid NS aiereaifd, and by ►trtie of the statutes In ssxch case mode and rem/idyl, by :hog limit -.s da's erase, bargain and sell the toUuwittg desaabeti seal estate, knit. Lots 13-1 S 16, 3:eitY J, ^.aura Leta 7 to 13, Elook e, Crater, 3nu60yu l.ot:I 13 to 15, fleck 53, %Ism Lets 11 ,o 11, !flock 5'i, ltwisa- loge 1 to 12, ratio: , Tanta, 1st Add Iota 1 -to .E, E1a_E 62, Recital, 1st Add :ens t to 1st, Platte 62, Ktott, lot F.1`4 Low 1 to as 9lcck Se Nantes, 1st ti•*.d full S1cck 11, Sect's, 1st 114d Lots 1? Go _9, !hub 15, remain C & R 2nd int• :, P1/2k 94, 1:1114-kap I.+. A ^ PC.e.ek 1, h]ann dc[it 123.1. ?Jr' 104 utE!1 t suss CutJNTT—r.:. 'd. 1/4 , ,j1L 20 14 e- _..,spe ece 11►tttitW All Ilea by 11£1lg Pr,ruwsaarnm,sDt4r�n' tarn) Walls' n1 b 1.04,1-21oi ethet VI. pp��,,ay$Ror 10 iq i Ep �g a rTon�tlnr • t7 �ctra ysp', g� 14 t1sr of �lnxabar..�..._ lams. cus+ltryLg'!6e biiriown e#>ftfbtd prcwif Ln.Rrekl chum): 1x4' d minty of the a msc(were) trained In more:i11J�r204Tri Ffie bra Q011tS�C1r� tl � the Cvuaty of WSJ. Slslt al 1037212 .. bat laid the ,tern k . UDll-.5.RE and no nerve nlxrvuium iu (sou of the Union Thuile Rasircad C. ;any and esrept ee rvnhun In the United Sink• Patna and metering missing reservoir riles oral tenant die-' 1 • is arty, raining rigbte of ivy for public high- w'1iys and math, and to any and nil rsistitg easements of figs.:• .- :,.,xcweter evidnxrrt or sa}iiraf, aul subject to eststiet kavra and reserime I; cif Mt, to grantor, all oil, Do and other !terser Ihetetn or therrveclrr, :Amite, lying and L-ettR In the ftserty of Wed. Suit of Cu%, -n flu, onto the said :a.••J:. Z4.: l' ° flag his stirs and t,twgrtsl, teituo.tc toy gQnrnag od ri tnnty vazinte.vr and suhjtct In nil the tiers cd redemption by tmnon, inane ?grass ur thou It, Ixnairkd by law. ThL•: dead is nisi. mustard tun res* ninn rsf Lbe Baud of Count? Comae simiers of Welt County, Co:ort<b. duly made and entered of rental in 913 pco tedinp the 4 . dry of .1.13.17 _ -suss ..... A 13, in 4, rrppctating Camrniaittrgr atopsad, to mecum this.tesd in behalf of Wrist County, ,Ind to affix the anal of Weld County. Colorado, conveying said real emtt hi wcurd [Arty hereto. Ili' tallsii55 WHEREOF, I, ...£At'.Sl1LL..:`.3}!n+'a._— _. , CSxnmitikater nppotnted to euewtc this deed, en brn,ll of paid i'.t1:='_y arc by virtne of the auniotity contained in lint trottr not by said Board of CO**)' C;an,misdoners on the . ._.._ thy at Id17. t . R }vt: iwreuato oft my linnet and s. fiveel the tcti of !told County this_su ss, .- �?'.. ''<4/01 awes sir tthn aft Takes. te `SEA L � SLATE OP (XJI.IYRAi)C:. j 04, CAI))ttY Wisp nn j insty est suns a 19 4E , for Ott ores and died bolos: me t}Iis it . toffy ed Cemmist!itsnrr appoint.! to etxtutr obi'deed. W[TN1S say band and 0444=IttitritrigiUh , "III OaUltt�"Gfiffil�li lain; raft. (SIAL) 1st Coln ainic ar to &wade tt'h al;&ronndd atraisrpmummy Treasure of r . I'1 Our, , A. D. t.f / The following are the reception numbers for deeds out of Weld County where minerals were reserved and where these deeds apply to this lease. Lease # 6 Tract #1 998149 and 1060147 Tract #2 998158 Tract #3 939476 Tract #4 938652 Tract #5 938657 and 1037212 b. 1- , rs� •• era r It." I •t k /. V of .• 7-4 r � kd DEMEMM OMNI 4.0 z O Ea' V ce LI I C C m C� a L S .•1 r yY 4 . r • worn 311N3 V'- 14;AA t ti:rx:a7.24•ft a1 i.1.1.1! . • tY.;I:iY,:::x:x 1 i ann.* _.tea•. 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L k *1wwwwMLWM i a S 1„moo rPir Sae T f r 400 411% ete r L • r Sal EINE C- a ammo ail - 8.. fm' a r S a a a ar alma .�.rr a See i N+r {.ice Lam. r" • gra f.rM. r L' fin • ins • New i swam �. irgiV tit t Ina • .tr ear :ma rm. • • .. V l a f V L' •"t o, te 0 poi •� s 'Lees. a t, -34V f ia 1 limpay i 4I It Leal r Last O J r -t J C l' >12 0--- 4 L I r --r aE- J Con IS CC. la - CD act C F-- cp. La6.I acc !y a I1 b la]t P$11. ward rc j w CO r Co 0 W to ■_L 0 0 r 0 S 1- 0 0 W cr) kat- La_ din ILEJ c it Ai 0 0 0 0 0 0 C La.1 r J 0 Ly lad En I at ,a cei a C C —11 a3 .'TI'0•a .0 Z. ` 3AV 13HUL3 aa 4-6 0a ».09 . '° _&nal ire 7 V roz. 3''V 3 OWN V41 .�.. cr__ r 49 r ti • IMMO Great Western OIL & GAS COMPANY Great Western Operating Company. LLC 1801 Broadway Suite 500 Denver. CO 80202 Board Of County Commissioners Of The County Of Weld For Its Respective Interests C/O Board Of County Commissioners 1150 O Street P.O. Box 758 Greeley, CO 80632 Dear Sirs and Madams: Regarding: Oil and Gas Lease #6 of 7, covering Gross Acres: 4.625886 Gross Acres Great Western Oil and Gas respectfully submits the attached oil and gas lease for your review and acceptance. GWOG has used the form provided by the Clerk of the Board. In accordance with "Weld County Code, Sec. 2-2-70. Mineral Leasing Policy," this lease includes the following provisions: - The lands described in this lease are completely located within the Town of Milliken - The royalty is shown at 18.50%. - The lease commences May 15, 2017 with a term of 3 years. (Therefore expiring on May 14, 2020.) - The gross acres for this lease are 4.626 and therefore less than 5.0 acres. - The signing bonus is calculated at $1200.00 per net mineral acre. Because Weld County holds 100% of these minerals, the bonus total is $ 5551.06. To cover the bonus payment, I have attached Check Number: - 7/ 5 for $5551.06. I am available for your questions. You may also call my associate, Ted Coffelt — 303-818-1185, regarding this matter. Please note that to this application, I have attached a listing of the legal description covering your lands. Yours truly, GREAT WESTERN OPERATING COMPANY, LLC Santiago Rodriguez Sr. Landman Enclosures Great Western Operating; Company, LLC CHECK NO. 24105 REFERENCE INVOICE DATE INVOICE NO. INVOICE AMOUNT PRIOR PAYMENT DISCOUNT AMOUNT PAID 1706 -AP -646 Lease 06/05/17 bonus 4N -67W-11, 170605FCR Blocks 5551.06 70, 72, 74, 0.00 92, 94 5551.06 O ct o -, 0 O 2 U O p U PO Box 758 Greeley CO 80632 RECEIPT DATE 1/3d'7 NO. 89393 RECEIVED FyROM,! LG���1. �U.,!� WE9kflht Ou,.iahzn Cc L� gRESS �'e CCU �� afict pve. �J��, 0KJ Fob �� (diet HOW PAID CASHfir CHECK h i� /� t //�� /� jJJ'''''' J VI v t /'� / //n v(;/ MONEY ORDER Lib U BY X VENDOR 1381 WELD COUNTY CHECK DATE 06/13/17 TOTAL 5,551.06 *PLEASE KEEP AND SCAN IN TYLER* Notes for Chloe Please send the Lease to Recording When the Oil and Gas Lease comes back from Recording, please be sure to make a copy for our files to be put with the signed reso and mail the original, recorded lease to: Envelope not provided Theodore B. Coffelt 252 Arapahoe Avenue, Suite E4-309 Boulder, CO 80302 Please include the following in the mailing: *Only the Original Recorded Lease - DO NOT SEND RESO, BACKUP OR MAP, THAT STAYS WITH OUR COPY OF THE LEASE. Thanks, Amanda Date sent to Recording -7 / I(17 Date mailed out -7/ a 4 / 17 BY Ooe. Fa"niu-Q, Hello