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Fill and Sign the Texas Beneficiary Form

Fill and Sign the Texas Beneficiary Form

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© 2016 - U.S. Legal Forms, Inc. TEXAS OIL, GAS AND MINERAL DEED - DISTRIBUTION TO BENEFICIARY [Trust to an Individual – Two Co-Trustees] Control Number: TX-0109-78 I. TIPS ON COMPLETING THE FORMS The 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. DISCLAIMER These materials were developed by U.S. Legal Forms, Inc. based upon statutes and forms for the State of Texas. All information and Forms are subject to this Disclaimer: All forms in this package are provided without any warranty, express or implied, as to their legal effect and completeness. Please use at your own risk. If you have a serious legal problem, we suggest that you consult an attorney in your state. U.S. Legal Forms, Inc. does not provide legal advice. The products offered by U.S. Legal Forms (USLF ) are not a substitute for the advice of an attorney. THESE MATERIALS ARE PROVIDED “AS IS” WITHOUT ANY EXPRESS OR IMPLIED WARRANTY OF ANY KIND INCLUDING WARRANTIES OF MERCHANTABILITY, NONINFRINGEMENT OF INTELLECTUAL PROPERTY, OR FITNESS FOR ANY PARTICULAR PURPOSE. IN NO EVENT SHALL U.S. LEGAL FORMS, INC. OR ITS AGENTS OR OFFICERS BE LIABLE FOR ANY DAMAGES WHATSOEVER (INCLUDING WITHOUT LIMITATION DAMAGES FOR LOSS OR PROFITS, BUSINESS INTERRUPTION, LOSS OF INFORMATION) ARISING OUT OF THE USE OF OR INABILITY TO USE T HE MATERIALS, EVEN IF U.S. LEGAL FORMS, INC. HAS BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES. 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 [Two Trustee to an Individual Beneficiary] GRANTOR: Trust: Trustee: Street Address: City, State and Zip: County: Trustee: Street Address: City, State and Zip: County: GRANTEE: Street Address: City, State and Zip: County: KNOW ALL BY THESE PRESENTS THAT we, , of the City of , County, State of , and , of the City of , County of , State of , duly appointed and acting Co-Trustees of the Trust, by the power conferred by the Texas Estates Code and the terms of the Gas, Oil, and Mineral Deed Page 2 of 3 Trust, do hereby grant and release to , whose mailing address is , Grantee Beneficiary, being the individual entitled to distribution under Section/Article of the Trust, all of Grantor’s mineral interest and royalties held by the Trust, 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: 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. 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, includi ng but not limited to, all lease bonus, delay rentals and royalties. Grantor does further convey to the Grante e all such rights and benefits as may be necessary or convenient to the Grantee in the explora tion, 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 othe r contracts covering said property, to drill wells, lay pipelines, erect derricks, build roads, instal l tanks, separators, heaters and refineries, and to pool and unitize interests. Grantor warrants that Grantor has the right and authority to transfer the property under the terms of the trust and has neither permitted or caused any change or encumbrance to the detriment of the property. IN WITNESS WHEREOF, the Grantors, acting in their capacity as Co-Trustees of the Trust, have executed the above instrument on day and year set forth below. Gas, Oil, and Mineral Deed Page 3 of 3 Name of Trust: Grantor’s SignatureGrantor’s Signature Print or Type Name Print or Type Name STATE OF TEXAS, COUNTY OF This instrument was acknowledged before me on , 20 , by as Trustee of the Trust. Notary Public, State of Texas [SEAL] Notary's Printed / Typed Name My Commission Expires: ______________ STATE OF TEXAS, COUNTY OF This instrument was acknowledged before me on , 20 , by as Trustee of the Trust. Notary Public, State of Texas [SEAL] Notary's Printed / Typed Name My Commission Expires: ______________ Gas, Oil, and Mineral Deed Exhibit A EXHIBIT A Grantor Trust: Trustee: Trustee: Grantee: Legal Description:

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