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~;o~~o^ <br />and separately to: <br />W. D. Ewing, Jr. <br />316 Scenic Avenue <br />Piedmont, California 94611 <br />if to lessee: <br />Oakridge Energy, Inc. <br />Attn: Ncel 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 directed <br />to the new address. <br />16. Tbne 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 dxd 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 created by Quit Clain Deed, <br />which deed of trust is recorded at Reception No. ~Do/zyq of the records :~f the <br />Clerk and Recorder of La Plata County, Colorado. <br />18. Counterparts. This Lease may be executed in several counterparts, cac)t of <br />which shall constitute the same Lease. <br />IN WITNESS WIIEREOF, this Lease is executed in three counterparts, c:,clt to <br />be deemed an original, effective the date first set forth above, to inure to the benefit of <br />I and be binding upon the panics hereto, and their respective successors and assigns. <br />W. D. EWlNG, 1R. as Trustx of the EXI'itI'.SS <br />TRUST FOR ELIZABETH ANNE EWI`.G as <br />~ • cre:.r.d in that certain Quit Claim Deed dated <br />1 August 15, 1967, recorded al Reception No. <br />347347 of the records of the La Plata County <br />i Clerk k Recorder on September 14, 1067 <br />7 <br />