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•~ <br />60130}x. <br />W. D. Ewing, Jr. <br />316 Scenic Avenue <br />Piedmont, California 94611 <br />I( to Lessee: <br />Oakridge Energy, ]nc. <br />Attn: Noel Pautsky <br />400 Fint National Bank Building <br />Wichita Falls, Texas 7ti301 <br />Any such notice shall be effective as of the date of mailing. Notice of change of address <br />may be given by either party in the same manner, and notices thereafter shall be directed <br />to the new address. <br />16. Time is of the Essence. Time is of the essence in the performance and <br />compliance with all terms, provisions, conditions and covenants of this Lease. <br />17. Subordination. This lease is expressly subordinate to that certain deed of <br />tn~st dated October 3, 1990 with Oak,idge Energy, Inc. as grantor and W. D. Ewing <br />Trust, dated July 29, 1965, W. D. Ewing Jr., The Elizabeth Anne Ewing Ttvst dated June <br />29, 1965 and The Elizabeth Anne Ewing Express Trust as orated by Quit Claim Deed, <br />which deed of trust is recorded at Reception No. eo~z~~ of the records of the <br />Clerk and Recorder of La Plata Counly, Colorado. <br />18. Counterparis. This Lease may be executed in several counterparts, each of <br />which shall constitute the sama lease. <br />1N WJTNESS 1VIlEREOF, this Lease is executed in three counterparts, each to <br />be deemed an original, effective the date first set forth above, to inure to the benefit of <br />and be binding upon the parties hereto, and their respective successors and assigns. <br />WILLIAM D. EWI*1C, JR. as Co-Successor <br />Trustee by Virtue of Appointment by the District <br />Court in Delta, Colorado, August 9, 1976 <br />7 <br />