Fill and Sign the Trust to an Individual Two Trustees Form

© 2016 - U.S. Legal Forms, Inc. TEXAS OIL, GAS AND MINERAL DEED - SALE OF INTEREST [Trust to an Individual – Two Trustees] Control Number: TX-0107-78 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. Trustee's 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 [Trust to an Individual] 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: 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, Grantors, and , as Trustees under the provisions of the trust agreement dated , , and known Trustee's Gas, Oil, and Mineral Deed Page 2 of 3 as the Trust has GRANTED, SOLD AND CONVEYED and by these presents does GRANT, SELL AND CONVEY unto , 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: 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 Grantors for breach of the limit ed warranty stipulated in this Deed shall be limited solely to a return of that portion of the consideration received by the Grantors whose interests have been sold, pledged, mortgaged, hypothecated or otherwise alienat ed in violation of said limited warranty. Grantors do further convey to the Grantee any and all income, benefits, rights and privileges t hat will hereafter be due to the owner of said mineral rights, including but not limite d to, all lease bonus, delay rentals and royalties. Grantors do further convey to the Grantee all such rights a nd benefits as may be necessary or convenient to the Grantee in the exploration, development, storage, transport ation 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 pipeli nes, erect derricks, build roads, install tanks, separators, heaters and refineries, and to pool and unitize interests. IN WITNESS WHEREOF, the Grantors, acting in his capacity as Trustee of the Trust, has executed the above instrument on this the day of , 20 . Trustee's Gas, Oil, and Mineral Deed Page 3 of 3 Name of Trust: By: By: Signature of Trustee Signature of Trustee 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: __________________ Trustee's Gas, Oil, and Mineral Deed Exhibit A EXHIBIT A Grantor Trust: Trustees: Grantee: Legal Description: