Legacy Royalty Owner Oil and Gas Forms

Texas Oil, Gas and Mineral Deed [Individual to Trust]

© 2016 - U.S. Legal Forms, Inc.

Control Number: TX-083-78

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Gas, Oil, and Mineral Deed Page 1 of 3

This document prepared by (and after recording return to):

Name:

Firm/Company:

Address:

Address 2:

City, State, Zip:

Phone:

--Above This Line Reserved For Official Use Only--

NOTICE OF CONFIDENTIALITY RIGHTS: IF YOU ARE A NATURAL PERSON, YOU MAY REMOVE OR STRIKE ANY OF THE FOLLOWING INFORMATION FROM THIS INSTRUMENT BEFORE IT IS FILED FOR RECORD IN THE PUBLIC RECORDS: YOUR SOCIAL SECURITY NUMBER OR YOUR DRIVER’S LICENSE NUMBER.

OIL, GAS AND MINERAL DEED

[Individual to a Trust]

GRANTOR:

Mailing Address:

County:

GRANTEE: Trust:

Trustee:

Mailing Address:

County:

CONSIDERATION:

$ ($ ) cash and other good and valuable consideration, the receipt of which is hereby acknowledged, and for which no lien, expressed or implied, is retained in this deed.

For the Consideration stated and subject to the Exceptions to Conveyance and Warranty, Grantor has GRANTED, SOLD AND CONVEYED and by these presents does GRANT, SELL AND CONVEY unto , as Trustee under the provisions of a trust agreement dated , 20 , and known as the Trust, Grantee, all of Grantor’s mineral interest and royalties, including but not limited to oil, gas, carbon dioxide, and all other minerals in, on and under that certain property being situated in County, Texas, and being more particularly described as follows, to-wit:

Gas, Oil, and Mineral Deed Page 2 of 3

This conveyance covers net mineral acres.

See Legal Description Attached as Exhibit A incorporated by reference as though set forth in full

Legal Description:

RESERVATIONS FROM AND EXCEPTIONS TO CONVEYANCE AND WARRANTY:

This conveyance, however, is made and accepted subject to any and all validly existing encumbrances, conditions and restrictions, relating to the hereinabove described property as now reflected by the records of the County Clerk of County, Texas.

By the acceptance of this deed, the Grantee hereby agrees for Grantee, and Grantee’s heirs, successors and assigns, that the damages recoverable against Grantor for breach of the limited warranty stipulated in this Deed shall be limited solely to a return of that portion of the consideration received by the Grantor whose interests have been sold, pledged, mortgaged, hypothecated or otherwise alienated in violation of said limited warranty.

Grantor does further convey to the Grantee any and all income, benefits, rights and privileges that will hereafter be due to the owner of said mineral rights, including but not limited to, all lease bonus, delay rentals and royalties. Grantor does further convey to the Grantee all such rights and benefits as may be necessary or convenient to the Grantee in the exploration, development, storage, transportation and production of said mineral rights, including, but not limited to, the right to enter into all leases, options, deeds, assignments and other contracts covering said property, to drill wells, lay pipelines, erect derricks, build roads, install tanks, separators, heaters and refineries, and to pool and unitize interests.

The aforesaid property does not constitute part of Grantors' homesteads.

IN WITNESS WHEREOF, the Grantor executed this deed on the date set forth below.

Gas, Oil, and Mineral Deed Exhibit A

EXHIBIT A

Grantor:

Grantee:

Legal Description: