Deed Reserving Mining Rights for A Specific Term
Warranty deed which reserves a percentage of mining and mineral rights to the seller for a term of years.
Grantee's Mailing Address:
Know all men by these presents that I, [Name], of [Address], in the state aforesaid, in consideration of the sum of $______ to me in hand paid by [Name], of [Address], the receipt of which is hereby acknowledged, have granted, bargained, sold and released and by these presents do grant, bargain, sell and release unto the said [Name] all that:
SEE ATTACHED EXHIBIT A together with all and singular the rights, except for the mineral rights, of which FIFTY per cent are reserved to GRANTOR and GRANTOR's heirs and assigns; such rights comprising oil, gas and any other mineral on, in and under the property; for a term of TEN years, further, reserving the right of ingress and egress to the property for the purpose of exploration or exploitation of such rights; members hereditaments and appurtenances to said premises belonging or in any wise incident or appertaining to have and to hold all and singular the premises before mentioned, unto said [Name], his [or her] heirs and assigns forever. And I do hereby bind myself, my heirs, executors and administrators, heirs and assigns, against myself and my heirs and against every person whomsoever lawfully claiming or to claim the same, or any part thereof.
Witness my hand and seal, this ________ day of _________, 20 __.
In the presence of:
State of ______________________)))
County of _____________________)))
GRACE GRANTOR, together with _______________ and ______________,
as witnesses, well known to me, appeared before me and acknowledged
that they respectively executed and witnessed the deed.
My commission expires: