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fiQ~30fi <br />and separately to: <br />W. D. Ewing, Ir. <br />316 Scenic Avenue <br />Piodmont, California 94611 <br />If to Lessee: <br />l7akridge Energy, Inc. <br />Attn: Noel Pautsky <br />400 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 thereafter shall be diruted <br />to the new address. <br />]ti. Tune is of the Essence. Time is of the essence in the performance and <br />compliance with all terms, provisions, conditions and covenants of this Leax. <br />17. Subordination. This leax is expressly subordinate to that certain d:Yd of <br />trust dated October 3, 1990 with Oakridge Energy, Inc. as grantor and W. D. Ewing <br />Trust, dated July 29, 1965, W. D. Ewing Jr., The Elisabeth Anne Ewing Trust dated June <br />29, 1965 and The Elisabeth Anne Ewing Express Trust as creatod by Quit Claim Deed, <br />which deed of trust is recorded at Reception No. ~_ of the records of the <br />Clerk and Recorder of La Plata County, Colorado. <br />18. Counterparts. This Lease may be executed in several counterparu, each of <br />which shall constitute the same Lease. <br />IN WITNESS W1iF.REOF, this Leax is executed in three counterparts, each to <br />be deemed an original, effective the date first xt forth above, to inure to the benefit of <br />and be binding upon the parties hereto, and their respective successors and assigns. <br />W. D. EWING, JR. as Trustee f the E~:'RESS <br />TRUST FOR ELIZABETH ANNE EV1'ING as <br />created in that certain Quit Claim Iked dated <br />August 15, 1967, rxorded at Reception No. <br />347347 0( the records of the La Plata County <br />Clerk & Recorder on September 14, 1967 <br />7 <br />