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FU~3U~ <br />n <br />u <br />If to Lessee: <br />Oakridge Energy, loc. <br />ACn: Ncel Pautsky <br />409 First National Bank Building <br />Wichita Falls, Texas 76301 <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 there^fter shall be directed <br />to the new address. <br />16. Time a of the Essence. Time is of the essence in the performance and <br />compliance with all terms, provisions, conditions and t:ovenants of this Lease. <br />17. Subordination. This lease is expressly subordinate to that certain decd of <br />trust dated October 3, 1990 with Oakridge Energy, inc. as grantor and W. D. i:wing <br />Trust, oated July 29, 1965, W. D. Ewing 1r., The Elizabeth Anne Ewing Trust dated June <br />~9, 1965 and The Elizabeth Anne Ewing Express Trust as orated by Quit Claim ~7eed, <br />• which deed of trust is recorded at Reception No. ~~,/) ~,~~ of she records ~,f the <br />Clerk and Recorder of La Plar County, Colorado. <br />18. Counter~ratis. This Lease may be executed in several Counterparts, each of <br />which shall constitute the same Lease. <br />IN WITNESS \i'IIERFAF, this Lease is executed in three counterparts, ea~-h to <br />be deemed an original, effective the date first set forth above, to inure to the benc it of <br />and be binding upon the parries hereto, and their respective successors and assigns. <br />FIRST INTERSTATE BANK OF DENVER, <br />N.A.,f/k/aTHE FIRST NATIONAL BANK OF <br />DENVER, a National Banking Association, as <br />Trustee of the ELIZABETH ANNE SWING <br />TRUST dated June 29, 1965 <br />BY <br />Vice-President and Trust Officer <br />ATT~~S f <br />Assistant ('ashler <br />7 <br />