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<br />F,Q~3O9 <br /> <br />If to Lessee: <br />Oakridge Energy, Inc. <br />Attn: Noel Pauuky <br />400 First National Bank Building <br />Wichita Falls, Tezas 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 parry in the same manner, and notices thereafter shall be directed <br />to the new address. <br />16. lime is of the Essenee. Time is of the essence in the performance and <br />compliance with all terms, provisions, conditions and covrnar~ts 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, 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 Elizabeth Anne Ev~~ng Express Trust as created by Quit Claim cccd, <br />which decd of trust is recorded at Reception No. I~~ of the records of the <br />Clerk and Recorder of la Plata County, Colorado. <br />18. Cou:rterparls. This Lease may be executed in several counterparts, pch of <br />which shall constitute the same Ltase. <br />IN ~i'ITNESS ~4'1JEREOF, this Lease is executed in three counterparts, each to <br />he deemed an original, etfective the date first set forth above, to inure to the benefit of <br />and he binding upon the parties hereto, and their respective successors and assigns. <br />FIRST INTERSTATE BANK OF DENVER, <br />N.A., f/k/a T!-tE FIRST NATIONAL BANK OF <br />DENVER, a National Banking Association, as <br />Truster of the ELIZABETH ANNE EWiNG <br />TRUST dated June 29, 1965 <br />. n,~ <br />ATTFST: i r_ <br />'•= .:~_ <br />.. i ~ ~:~j//, <br />AssisWat Cashier <br />gy ~~~YYU~ ~~ <br />Vt -resident and Trust Officer <br />7 <br />