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<br /> 1 <br />~_ <br />{x116 . <br />r yT. - <br />~Q~311 <br />If In Ltssec: <br />Oakridge Energy, lnc. <br />Attn: Ncel Pautsky <br />400 First National Bank Building <br />Wichita Falls, Texas 76301 <br />Any such nulice shall be effective as of the dale 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 B of the Essence. Time is of the essence in the performs .t 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 />trust dated October 3, 1990 with Oakridge Energy, lnc. as grantor and 1V. D. Ewing <br />Trust, dated July 29, 1965, W. D. Ewing Jr., The Elizabeth Anne Ewing Trust dated June <br />29, 1965 and The Elizabeth Anne L•wing Express Trust as created by Quit Clain Deal, <br />which deed of trust is recorded at Reception No. ~O~Z of the records of the <br />Clerk and Recorder of La Plata County, Colorado. <br />18. Counterparts. This Lease may be executed in several counterparts,'each of <br />which shall constitute the same Lease. <br />IN WI'li~'FSS 1VIIEREOF, this Lease is executed in three courlerparts, each to <br />be deemec: an original, effective the date first set forth above, to inure to Ilse benefit of <br />and he binding aeon the panics hereto, and their respective successors and assigns. <br />FIRST INTERSTATE BANK OF DENVER, <br />N.A.,f/k/aTHE FIRST NATIONAI, BANK (~F <br />UGNVI:R, a National Banking Association, as <br />"ftustee of the ELIZADETf1 ANNE E~VING <br />TRUST dated lane 29, 1965 <br />,/ <br />ViceVice-'rest-dent and Trust Officer <br />ATTEST: •'s.ti <br />i <br />~' ~:~ ~~ ~ <br />Assista+5t Casfiier , <br />7 <br />