Grant and Mortgage. Xxxxxxxxx, in order to secure the payment and performance of the secured obligations hereinafter referred to and the performance of the obligations, covenants, agreements, warranties and undertakings of Mortgagor hereinafter described, does hereby MORTGAGE, WARRANT, PLEDGE, HYPOTHECATE and CONFIRM to Mortgagee, its successors and assigns, the following described rights, titles, interests, properties and estates of Mortgagor (sometimes hereinafter collectively referred to as the “Mortgaged Properties”):
(a) all of Mortgagor’s right, title, interest and estate in, to and under the oil, gas or other mineral leases described in Exhibit A attached hereto and made a part hereof (the “Leases”); insofar as and only insofar as such Leases are located within the AMI Area and cover the Target Formation, including such rights in and under the Leases as may be necessary to drill to, complete in and produce and market crude oil, natural gas and natural gas liquids (collectively, “Hydrocarbons”) from the Target Formation within the AMI Area (the “Retained Mineral Interests”);
(b) a concurrent right, together with Xxxxxxxxx, to all assignable easements, servitudes, rights-of-way, surface leases and other surface rights on and over the Subject Lands (the “Surface Rights”) which are now or hereafter used, or held for use, in connection with the Retained Mineral Interests;
(c) all assignable licenses, permits and other regulatory approvals held by Xxxxxxxxx, solely to the extent they relate to the drilling, development or production of the Retained Mineral Interests (the “Permits”); but specifically excluding, however, all of Mortgagor’s rights, titles, and interests in and to (i) any oil, gas, water supply, saltwater disposal or other well of any nature whatsoever now or hereafter located on the Subject Lands, including, without limitation any Development Xxxxx (each a “Well” and collectively, the “Xxxxx”), (ii) all Excluded Assets (as defined below) and (iii) all personal property, fixtures and equipment in or on or acquired or used in connection with the ownership or operation of the Xxxxx or the Excluded Assets or the production, storage, treating, conditioning, processing, compressing, dehydrating, gathering, transporting or marketing of Hydrocarbons produced from the Xxxxx or any Excluded Asset, or the disposal of saltwater or other substances, produced therefrom.
Grant and Mortgage. PACIFIC ENERGY RESOURCES LTD., A DELAWARE CORPORATION (herein called "MORTGAGOR"), for good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, and in order to secure the payment of the secured indebtedness hereinafter referred to and the performance of the obligations, covenants, agreements, warranties and undertakings of Mortgagor hereinafter described, does hereby GRANT, BARGAIN, SELL, CONVEY, TRANSFER, ASSIGN AND SET OVER to CHICAGO TITLE COMPANY, a California corporation, Trustee (the "TRUSTEE"), IN TRUST for the benefit of X. Xxxx & Company, as Agent ("AGENT"), WITH POWER OF SALE (pursuant to this Mortgage and applicable law) the entirety of Mortgagor's interest in and to the following described properties, rights, and interests (the "MORTGAGED PROPERTIES"):
A. The oil, gas and/or other mineral properties, mineral servitudes, and/or mineral rights which are described in EXHIBIT A attached hereto and made a part hereof;
B. Without limitation of the foregoing, all other right, title and interest of Mortgagor of whatever kind or character (whether now owned or hereafter acquired by operation of law or otherwise) in and to (i) the oil, gas and/or mineral leases or other agreements described in EXHIBIT A hereto, (ii) the lands described or referred to in EXHIBIT A (or described in any of the instruments described or referred to in EXHIBIT A), without regard to any limitations as to specific lands or depths that may be set forth in EXHIBIT A hereto or in any of the leases or other agreements described in EXHIBIT A hereto, and (iii) any other lands (including submerged lands) located anywhere in the United States of America or located offshore the United States of America but within the offshore area over which the United States of America or any State thereof asserts jurisdiction;
C. All of Mortgagor's interest (whether now owned or hereafter acquired by operation of law or otherwise) in and to all presently existing and hereafter created oil, gas and/or mineral unitization, pooling and/or communitization agreements, declarations and/or orders, and in and to the properties, rights and interests covered and the units created thereby (including units formed under orders, rules, regulations or other official acts of any federal, state or other authority having jurisdiction), which cover, affect or otherwise relate to the properties, rights and interests described in clause A or B above;
D. All of Mortgagor's interest in a...
Grant and Mortgage. St. Xxxx Xxxx & Exploration Company, a Delaware corporation (“Company” and “Mortgagor”), for and in consideration of the sum of Ten Dollars ($10.00) to Mortgagor in hand paid, and in order to secure the payment of the secured indebtedness hereinafter referred to and the performance of the obligations, covenants, agreements, warranties and undertakings of Mortgagor hereinafter described, does hereby (a) GRANT, BARGAIN, SELL, CONVEY, TRANSFER, ASSIGN AND SET OVER to Trustee (as hereinafter defined), and grant to Trustee a POWER OF SALE (pursuant to this Mortgage and applicable law) with respect to, those of the following described properties, rights and interests which are located in (or cover properties located in) the State of Texas or which are located within (or cover properties located within) the offshore area over which the United States of America asserts jurisdiction and to which the laws of any such state are applicable with respect to this Mortgage and/or the liens or security interests created hereby (the “Deed of Trust Mortgaged Properties”), and (b) MORTGAGE, ASSIGN, WARRANT, PLEDGE AND HYPOTHECATE to Agent (as defined in Section 1.3(a) below), and grant to Agent a POWER OF SALE (pursuant to this Mortgage and applicable law) with respect to, all of the following described rights, interests and properties which were not granted to Trustee in clause (a) above (including, without limitation, those of the following described properties, rights and interests which are located in (or cover properties located in) the States of Colorado, Louisiana, Montana, New Mexico, North Dakota, Oklahoma or Wyoming or which are located within (or cover properties located within) the offshore area over which the United States of America asserts jurisdiction and to which the laws of any such state are applicable with respect to this Mortgage and/or the liens or security interests created hereby) (the “Other Mortgaged Properties”):
A. The oil, gas and/or other mineral properties, mineral servitudes, and/or mineral rights which are described in Exhibit A attached hereto and made a part hereof;
B. Without limitation of the foregoing, all other right, title and interest of Mortgagor of whatever kind or character (whether now owned or hereafter acquired by operation of law or otherwise) in and to (i) the oil, gas and/or mineral leases or other agreements described in Exhibit A hereto, (ii) the lands described or referred to in Exhibit A (or described in any of the instrum...
Grant and Mortgage. This instrument is executed in connection with, and pursuant to the terms of the Credit Agreement (the "Credit Agreement") dated May 6, 2004 between Mortgagor, and Whitney National Bank, a national banking association (the "Lender"). Petroreal of Louisiana, L.L.C., a Louisiana limited liability company, whose principal place of business and mailing address is 400 Poydras Street, Suite 1100, Nex Xxxxxxx, Xxxxxxxxx 00000 (xxxxxx xxxxxx "Xxxxxxxxx"), xxx good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, and in order to secure the payment of the secured indebtedness hereinafter referred to and the performance of the obligations, covenants, agreements, warranties and undertakings of Mortgagor hereinafter described, does hereby MORTGAGE, ASSIGN, WARRANTY, PLEDGE and HYPOTHECATE to WHITNEY NATIONAL BANK, as Lender and grant to Lender a continuing security interest in (pursuant to this Mortgage and applicable law) with respect to, all of the following described rights, interests and properties:
(a) The oil, gas and/or other mineral properties, mineral servitudes, and/or mineral rights which are described in Exhibit A attached hereto and made a part hereto;
(b) The interest of the Mortgagor in the oil, gas and/or mineral leases (and other properties, if any) described in Exhibit A hereto;
(c) Without limitation of the foregoing, all other right, title and interest of Mortgagor of whatever kind of character (including, without limitation, interests in oil, gas and/or mineral leases, fee mineral and/or royalty interests, and other interests) in and to the lands which are described or referred to in Exhibit A hereto as a part of the descriptions (contained in such Exhibit A) of oil, gas and/or other mineral leases (and/or other properties) and/or mineral servitudes and/or mineral rights, or which are otherwise described in any of the leases or other instruments described in Exhibit A hereto, even though the Mortgagor's interest therein may be incorrectly described in, or omitted from, Exhibit A hereto;
(d) All of Mortgagor's interest (whether now owned or thereafter acquired by operation of law or otherwise) in and to all presently existing and hereafter created oil, gas and/or mineral unitization, pooling and/or communitization agreements, declarations and/or orders, and in and to the properties, rights and interests covered and the units created thereby (including, without limitation, units formed under orders, rules, regu...
Grant and Mortgage. Mortgagor for and in ------------------- consideration of the sum of Ten Dollars ($ 10.00) to Mortgagor in hand paid, and in order to secure the payment of the Obligation hereinafter referred to and the performance of the obligations, covenants, agreements, warranties and undertakings of Mortgagor hereinafter described, does hereby MORTGAGE AND WARRANT to Lender and grant to Lender a POWER OF SALE (pursuant to this Mortgage and applicable law) with respect to, all of the following described rights, interests and properties (the "Mortgaged Properties"):
A. The easements (the "Easements") described in Exhibit A;
C. All of Mortgagor's interest (whether now owned or hereafter acquired by operation of law or otherwise) in all permits, licenses, orders, franchises, certificates and other rights and privileges which are now used, or held for use, in connection with, or otherwise relate to, the ownership or operation of the Pipeline. TO HAVE AND TO HOLD the Mortgaged Properties unto Lender, and Lender's successors and assigns, upon the terms, provisions and conditions herein set forth.
Grant and Mortgage. Mortgagor (upon and subject to all the terms, covenants, provisions, conditions and authorization set forth in the Original Mortgage, as amended hereby) does hereby (a) GRANT, BARGAIN, SELL, CONVEY, TRANSFER, ASSIGN AND SET OVER to Carx Xxxxxxxx, Xrustee (the "Trustee"), and grant to Trustee a POWER OF SALE (pursuant to the Mortgage and applicable law) with respect to, those of the following described properties, rights and interests which are located in (or cover properties located in) the state of Texas (the "Additional Deed of Trust Mortgaged Properties"), and (b) MORTGAGE, ASSIGN, WARRANT, PLEDGE and HYPOTHECATE to Agent, and grant to Agent a POWER OF SALE (pursuant to the Mortgage and applicable law) with respect to, all of the following described 240 rights, interests and properties which were not granted to Trustee in clause (a) above (the "Additional Other Mortgaged Properties")
Grant and Mortgage. In order to secure the payment and performance of the Note and the performance of the obligations, covenants, agreements, warranties and undertakings of Mortgagor herein described and for the benefit of Mortgagee, Mortgagor hereby MORTGAGES to Mortgagee, and grants to Mortgagee a POWER OF SALE (pursuant to this Mortgage and applicable law) with respect to, the following described property, rights and interests: An interest in the nature of an overriding royalty interest in and under the Leases (hereinafter defined) more particularly described as follows: An undivided Five Percent (5%) of all oil, gas, casinghead gas, condensate and other hydrocarbon minerals produced, saved and sold from the lands described in Exhibit “A,” attached hereto and made a part hereof (the “Land”), to the extent attributable to the oil and gas leases described in Exhibit “A” and to any other oil and gas leases now owned (whether or not described in Exhibit “A”) or hereafter acquired by the Mortgagor (including, without limitation, extensions and renewals) covering the Land or any part thereof (collectively, the “Leases”), proportionately reduced to the Mortgagor’s gross working interest in and under each such Lease, free and clear of all costs of drilling, testing, completing, equipping and operating any well drilled on the Leases or the Land but subject to its proportionate share of all gross production, severance and excise taxes properly assessable thereof (the “Mortgaged Property).
Grant and Mortgage. TARGA NORTH TEXAS LP (herein called “Mortgagor”), for and in consideration of the sum of Ten Dollars ($10.00) to Mortgagor in hand paid, and in order to secure the payment of the secured indebtedness hereinafter referred to and the performance of the obligations, covenants, agreements, warranties and undertakings of Mortgagor hereinafter described, does hereby GRANT, BARGAIN, SELL, CONVEY, TRANSFER, ASSIGN AND SET OVER to PRLAP, Inc., Trustee (the “Trustee”), and grant to Trustee a POWER OF SALE (pursuant to this Mortgage and applicable law) the following described properties, rights and interests (the “Mortgaged Properties”):
