Deed To Interest In Well

WHEREAS, [Name], herein referred to as WELL OWNER, is the owner of the following described real property:

(see exhibit 1)

which is improved by a well;

and,

WHEREAS,

[Name], herein referred to as GRANTEE is the owner of the following described real property:

(see exhibit 2)

and WELL OWNER desires to grant to GRANTEE an undivided half interest in the well, in consideration of the mutual covenants herein, IT IS AGREED:

The WELL OWNER grants to GRANTEE an undivided half interest in the well located on its property at:

southwest corner

together with the equipment related to and necessary for the operation of the well and storage of water.

This conveyance is made on the condition that the GRANTEE and GRANTEE's heirs and assigns pay one-half of all expenses which are necessarily incurred to maintain and use the well, and the accessories and equipment related to and necessary for the operation of the well and storage of water.

In addition, GRANTEE and GRANTEE's heirs and assigns shall maintain any pipes and other necessary equipment required to move the water to the GRANTEE's property in good repair.

By this conveyance OWNER does not guarantee any particular amount or quality of water.

Dated: ____________.

_________________________

Well Owner

_________________________

Grantee

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