Form S-42 - Damage Bond - Right-Of-Way Or Water Lease - 2007

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NEW MEXICO STATE LAND OFFICE
Principal Bond # ___________________
DAMAGE BOND
RIGHT-OF-WAY OR WATER LEASE
Single Lease (Lease # __________________) or Blanket Bond
KNOW ALL MEN BY THESE PRESENTS:
That ________________________________________________________, as Principal,
and ______________________________________________, of _________________________
_________________________________________________, a corporation organized, existing
and doing business under and by virtue of laws of the State of New Mexico, as Surety, are held
and firmly bound unto the State of New Mexico, for the use and benefits of interested holder of
prior surface leases, licenses, rights-of-way and easements, in the total sum of _______________
________________________________ ($______________) Dollars, for the payment of which,
well and truly to be made, we bind ourselves, our heirs, successors and assigns, and each and
every one of them and us jointly and severally, firmly by these presents.
Signed with our hands and sealed with our seals this _________ day of ______________,
20_____.
The conditions of the foregoing obligation are such that:
WHEREAS, the said principal has heretofore or may hereafter enter into water leases or
right-of-way agreements with the State of New Mexico of various dates and periods of duration,
covering the land described in such leases or rights-of-way; and
WHEREAS, all or part of said lands is embraced in grazing lease, business lease, or
other surface lease, or is embraced in a right-of-way, easement or license granting the holder
thereof the right to go upon or cross over the surface of said land, or to construct improvements
thereon, as shown by the official records of the State Land Office of the State of New Mexico.
NOW, THEREFORE, if said principal in all respects shall make good and sufficient
recompense, satisfaction and/or payment unto the holder or his successors in interest of any said
prior surface lease, license, or other holder of prior surface rights, for all damages to the
livestock, water, crops, buildings, fences, pipelines, powerlines, or other tangible improvements
on such lands as may be suffered by such prior holder or his successors in interest by reason of
operations under said lease or right-of-way or for such damages as a court of competent
jurisdiction may determine and fix in any action brought on this bond, then this obligation shall
be null and void; otherwise to remain in full force and effect.

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