Form H Bond for Assignments

Leasing of Osage Reservation Lands for Oil and Gas Mining (25 CFR 226)

Form H - Assignment Bond Form

Lessee must submit bond

OMB: 1076-0180

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Form H

UNITED STATES

DEPARTMENT OF THE INTERIOR

BUREAU OF INDIAN AFFAIRS


BOND TO ACCOMPANY ASSIGNMENT OF

MINING LEASES OF OSAGE LANDS


KNOW ALL MEN BY THESE PRESENT, That we,



of , as principal , and


of as surety , are held and firmly bound unto the United States of America in the sum of Dollars, lawful money of the United States, for the payment of which, well and truly to be made, we bind ourselves, and each of us, our and each of our heirs, successors, executors, administrators, and assigns, jointly and severally, firmly by these present.


Sealed with our seals and dated this day of , 20


The condition of this obligation is such that whereas , as

(Name of original lessee--)

lessee , entered into a certain indenture of lease dated , with the Osage Tribe of Indians, lessor, obligee hereunder, for the lease of a tract of land described as follows:


and located in Osage County, Oklahoma, for oil mining purposes for the period of years from the date of approval thereof, and as much longer thereafter as oil is found in paying quantities, provided that the term of this lease shall not extend beyond the date when the title to minerals ceases to be in the Osage Tribe.


WHEREAS, thereafter the lessee , the said assigned right, title and interest in and to the above-described lease to the said principal herein and subject to all the conditions and provisions in said lease contained.


WHEREAS the surety hereby waive any right to notice of any modification of such lease, or obligation thereunder, whether effected to extension of time for performance, by commitment of such lease to unit cooperative, or communitization agreement, by waiver suspension, or change in rental except an increase thereof, by minimum royalty payment, except an increase thereof, by compensatory royalty payment, or otherwise, this bond to remain in full force and effect notwithstanding.


WHEREAS the principal and surety agree that the neglect or forbearance of the obligee in enforcing against the assignee, the payment of any rental or royalty or the performance of any other covenant, condition, or agreement of the lease, shall not, in any way release the principal and surety, or either of them, from any liability under this bond; and


WHEREAS the principal and surety agree that in the event of any default under such lease, the obligee may prosecute any claim, suite action, or other proceeding against the principal or surety, or either of them, without the necessity of joining the other.


Now, if the said principal herein shall faithfully carry out and observe all the obligations assumed in said indenture and assignment of lease and shall observe all the laws of the United States and regulations made, or which shall be made thereunder, for the government of trade and intercourse with Indian tribes and all the rules and regulations that have been, or may hereafter be, lawfully prescribed by the Secretary of the Interior relative to leases executed by the Osage Tribe in Oklahoma, then this obligation shall be null and void; otherwise to remain in full force and effect.


The rate of premium charged on this bond is $ ; the total premium paid is

$

Signed and sealed in the presence of—


WITNESSES:*


P. O.

as to (SEAL)


P. O.



P. O.

as to (SEAL)


P. O.



P. O.

as to (SEAL)


P.O.

*Two witnesses to all signatures.


Surety Agent Address



The within bond is hereby approved pursuant to authority delegated by 25 CFR 226.9

Approved:


Under authority delegated by: 200 DM 1, 209 DM 8, 230 DM 1, 3 IAM 4.1 and Muskogee Area Addendum 9901 to 3 IAM 4 issued June 22, 1999.



Superintendent


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File Typeapplication/msword
File TitleForm H
AuthorEllen Hawzipta
Last Modified ByBIA
File Modified2015-03-13
File Created2015-03-05

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