Fill and Sign the Control Number Nm 024 78 Form

© 2016 - U.S. Legal Forms, Inc. NEW MEXICO MINERAL DEED [Individual to Husband and Wife] Control Number: NM-024-78 I. TIPS ON COMPLETING THE FORMSThe form(s) in this packet may contain “form fields” created using Microsoft Word or Adobe Acrobat (“.pdf” format). “Form fields” facilitate completion of the forms using your computer. They do not limit your ability to print the form “in blank” and complete with a typewriter or by hand.It is also helpful to be able to see the location of the form fields. Go to the View menu, click on Toolbars, and then select Forms. This will open the Forms toolbar. Look for the button on the Forms toolbar that resembles a shaded letter “a”. Click this button and the form fields will be visible. By clicking on the appropriate form field, you will be able to enter the needed information. In some instances, the form field and the line will disappear after information is entered. In other cases, it will not. The form was created to function in this manner.II. 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Mineral Deed Page 1 of 3Prepared by and, after recording, return to:Name: Firm/Co.: Address: Address2: City & State: Zip Code: Phone: MINERAL DEED[Individual to Husband and Wife] State : County : Grantor : Grantor’s address : 1st Grantee: 1st Grantee’s address: 2nd Grantee: 2nd Grantee’s address: Date executed : Effective date : For TEN AND NO/100 DOLLARS ($10.00) and other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, Grantor named above hereby Grants, Leases, Lets and Conveys to Grantees, named above, as community property with the right of survivorship, all Grantor’s right title and interest in and to all of the oil, gas and other minerals in and under and that may be produced from the following described lands: See Legal Description Attached as Exhibit A incorporated by reference as though set forth in full Legal Description: Together with the right of ingress and egress at all times for the purpose of mining, drilling, exploring, operating and developing said land for oil, gas and other minerals, and storing, handling, transporting and marketing the same therefrom with the right to remove from said land all of Grantee's property and improvements. This sale is made subject to any rights now existing to any lessee or assigns under any valid and subsisting oil and gas lease of record heretofore executed; it being understood and agreed that said Grantees shall have, receive, and enjoy the herein granted undivided interest in and to all bonuses, rents, Mineral Deed Page 2 of 3royalties and other benefits which may accrue under the terms of said lease insofar as it covers the above described land from and after the date hereof, precisely as if the Grantees herein had been at the date of the making of said lease the Owner of a similar undivided interest in and to the land described and Grantees one of the lessors therein. Grantor agrees to execute such further assurances as may be requested for the full and complete enjoyment of the rights herein granted and likewise agrees that Grantees herein shall have the right at any time to redeem for said Grantor by payment, any mortgage, taxes, or other liens on the above described land, upon default in payment by Grantor, and be subrogated to the rights of holder thereof.In addition to the foregoing, Grantor does hereby Transfer, Assign and set Over unto Grantees all of its undivided interest in and all monies, proceeds, income, and other personal properties now on hand or in the possession of any third party, bank, trustee, or pipeline company, which have heretofore accrued to the minerals and/or royalty interest of Grantors in said land that has been herein conveyed to Grantees.Grantor does hereby irrevocably appoint and constitute Grantees as my agent and attorney-in-fact for the limited purpose only of executing division orders, transfer orders, and all other instruments as may be necessary to make fully effective this conveyance of interest, so that he may act in my place and stead for this limited purpose only, said power of attorney shall not be affected by subsequent disability or incapacity of Grantor. TO HAVE AND TO HOLD the above described property and easement with all and singular rights, privileges, and appurtenances thereunto or in any wise belonging to the said Grantees herein, their heirs, successors, personal representatives, administrators, executors, and assigns forever and Grantor does hereby agree to defend all and singular the said property unto the said Grantees herein, their heirs, successors, executors, personal representatives, and assigns against every person whomsoever claiming or to claim the same or any part thereof. WITNESS my hand as of the date set forth above. Signature Print/Type Name ACKNOWLEDGMENT COUNTY OF , STATE OF NEW MEXICO The foregoing instrument was acknowledged before me this day of , 20 , by .My Commission Expires: Notary Public Mineral Deed Page 3 of 3 COMMUNITY PROPERTY AGREEMENT It is hereby agreed by and between and , Husband and Wife, Grantees herein, that the above described community property shall, in the event of the death of one spouse, vest in and belong to the surviving spouse. Signature of Grantee Type or Print NameSignature of Grantee Type or Print Name ACKNOWLEDGMENT COUNTY OF , STATE OF NEW MEXICO The foregoing instrument was acknowledged before me this day of , 20 , by .My Commission Expires: Notary Public Mineral Deed Exhibit A EXHIBIT A