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8-K

CoJax Oil & Gas Corp (CJAX)

8-K 2021-10-13 For: 2021-10-13
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Added on April 06, 2026

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): September 30, 2021

COJAX OIL AND GAS CORPORATION

(Exact name of registrant as specified in its charter)

Virginia<br>(State or other<br>jurisdiction of incorporation) 333- 232845<br>(Commission<br>File Number) 46-1892622<br>(I.R.S. Employer<br>Identification No.)
3033 Wilson Boulevard, Suite E-605<br><br><br>Arlington, Virginia <br>(Address of principal executive offices) 22201<br>(Zip Code)
--- ---

Registrant’s telephone number, including area code: ( 703) 216-8606

N/A (Former name or former address, if changed since last report.)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

☐  Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐  Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐  Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:
Title of each class Trading Symbol(s) Name of each exchange on which registered
--- --- ---
None N/A N/A

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company [X]

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.  ☐


Item 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.

Effective as of September 30, 2021, CoJax Oil and Gas Corporation, a Virginia corporation (the “Company”) issued the Second Amended and Restated Promissory Note (the “Second Restated Note”) in favor of Central Operating, LLC, a Mississippi limited liability company (the “Lender”).  The Company previously issued to the Lender the Amended and Restated Note dated May 29, 2021 (the “First Restated Note”), which amended and restated in its entirety that certain promissory note dated June 1, 2019 (the “Original Note”) in the principal amount of $2,700,000 issued by Barrister **** Energy, LLC, a Mississippi limited liability company (“Barrister”), the initial borrower of the Original Note, in favor of the Lender, which Original Note was amended on May 14, 2020 and assigned on June 16, 2020 by Barrister to the Company by that certain Assignment, Assumption and Amendment of Promissory Note (the “Assumed Debt”).  The Second Restated Note extended the repayment of the Assumed Debt from October 1, 2021 to April 1, 2022, the new maturity date, without changing any additional terms of the First Restated Note.

The foregoing summary of the Second Restated Note does not purport to be complete and is qualified in its entirety by reference to the Second Restated Note, a copy of which is filed as Exhibit 4.1 to this report and incorporated herein by reference.

Item 9.01 Financial Statements and Exhibits

(d)        Exhibits

Exhibit No. Description
4.1 Second Amended and Restated Promissory Note, dated September 30, 2021, issued to Central Operating, LLC in the principal amount of $2,700,000.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this Report to be signed on its behalf by the undersigned hereunto duly authorized.

Date: October 13, 2021
By: /s/ Jeffrey J. Guzy
Name: Jeffrey J. Guzy
Title: Chief Executive Officer

THIS SECOND AMENDED AND RESTATED SECURED PROMISSORY NOTE (THE “RESTATED NOTE”) HAS NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE “SECURITIES ACT”). THIS RESTATED NOTE HAS BEEN ACQUIRED FOR INVESTMENT ONLY AND MAY NOT BE SOLD, TRANSFERRED OR ASSIGNED IN THE ABSENCE OF REGISTRATION OF THE RESALE THEREOF UNDER THE SECURITIES ACT OR AN OPINION OF COUNSEL REASONABLY SATISFACTORY IN FORM, SCOPE AND SUBSTANCE TO THE ISSUER THAT SUCH REGISTRATION IS NOT REQUIRED.

SECOND AMENDED AND RESTATED SECURED PROMISSORY NOTE

Principal Amount: 2,700,000

All values are in US Dollars.

THIS SECOND AMENDED AND RESTATED SECURED PROMISSORY NOTE (this “Restated Note”) is effective as of this 30^th^ day of September 2021 (the “Effective Date”), by and between  COJAX OIL AND GAS CORPORATION, a Virginia corporation, with the mailing/notice address of 3033 Wilson Blvd., Suite E-605, Arlington, VA 22201 as “Borrower”), and CENTRAL OPERATING, LLC, a Mississippi limited liability company, with the mailing/notice address of P.O. Box 2205, Laurel, MS 39442 (referred to herein as “Lender”). The Restated Note amends and restates in its entirety that certain promissory note dated June 1, 2019 in the original principal amount of $2,700,000 (the “Original Note”) issued by Barrister **** Energy, LLC, a Mississippi limited liability company (“Barrister”), the initial borrower of the Original Note, in favor of the Lender, which Original Note was amended on May 14, 2020, and thereafter assigned on June 16, 2020 by Barrister to Borrower by that certain Assignment, Assumption and Amendment of Promissory Note, and further amended and restated by first Amended and Restated Secured Promissory Note dated May 29, 2021 (the “Amended Note”)

The Restated Note amends and restates the terms of the Original Note and the Amended Note as set forth herein to, among other things, reflect that the Lender and the Borrower agreed to change the repayment date of the Amended Note from October 1, 2021, to April 1, 2022, as the new repayment date. Borrower and Lender hereby agree that as of the Effective Date, the Amended Note is hereby amended, restated, and replaced in its entirety by this Restated Note to read as follows:

ARTICLE 1 PAYMENT TERMS

1.1Repayment. **** For Value Received, Borrower hereby irrevocably and unconditionally promises to pay to the order of Lender, as payee, the principal sum of Two Million Seven Hundred Thousand Dollars ($2,700,000.00) (the “Principal Amount) in lawful money of the United States of America and in immediately available funds. This Restated Note shall be non-interest bearing. The Principal Amount under the Restated Note shall be due and payable on April 1, 2022 (the “Maturity Date”).  This Restated Note may be prepaid in whole or in part at any time.

1.2Absolute Obligation/Ranking. This Restated Note is a direct and unconditional debt obligation of the Borrower.  Except as expressly provided herein, no provision of this Restated Note shall alter or impair the obligation of the Borrower, which is absolute and unconditional, to pay the Principal Amount of this Restated Note at the time, place, and rate, and in the coin or currency, herein prescribed.


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1.3Security Interest. The obligations of the Borrower to the Lender under this Restated Note are secured and collateralized by certain oil and gas assets of Barrister, as indicated on Exhibit A attached hereto (the “Collateral”). Until the Principal Amount is paid in full, and the Borrower performs all its obligations under the Restated Note, the Lender will retain title to the assets contained on Exhibit A but assign the revenues from same.  Upon payment in full of the Principal Amount, Lender shall immediately release the Collateral by transferring the title of the Collateral to the Borrower without any additional notices from the Borrower.

ARTICLE 2 DEFAULT AND REMEDIES

2.1Events of Default.**** Each of the following shall constitute an event of default (“Event of Default”):

(a)Failure to Make the Required Payment.  Failure by Borrower to pay the Principal Amount on the Maturity Date pursuant to this Restated Note which non-payment continues for five (5) business days following the date of written notice thereof to Borrower by Lender.

(b)Voluntary Bankruptcy.  The commencement by Borrower of a voluntary case under the Federal Bankruptcy Code, as now constituted or hereafter amended, or any other applicable bankruptcy, insolvency, reorganization, rehabilitation or other similar law (“Bankruptcy Laws”), or the consent by it to the appointment of or taking possession by a receiver, liquidator, assignee, trustee, custodian, sequestrator (or other similar official) of Borrower or its subsidiaries or for any substantial part of its property, or the making by it of any assignment for the benefit of creditors, or the failure of Borrower generally to pay its debts as such debts become due, or the taking of corporate action by Borrower or its subsidiaries in furtherance of any of the foregoing.

(c)Involuntary Bankruptcy. The entry of a decree or order for relief by a court having jurisdiction in the premises in respect of Borrower or any of its subsidiaries in an involuntary case under any applicable Bankruptcy Laws; or appointing a receiver, liquidator, assignee, custodian, trustee, sequestrator (or similar official) of Borrower or any subsidiary for any substantial part of its property, or ordering the winding-up or liquidation of Borrower’s  or any of its subsidiaries’ affairs, and the continuance of any such decree or order unstayed and in effect for a period of 60 consecutive days.

(d)Dissolution or Liquidation.  If Borrower or any of its subsidiaries ceases to carry on its business or disposes (whether by license, lease, sale, settlement, encumbrance or otherwise) of substantially all of its assets other than in the ordinary course of its business; or commences dissolution or liquidation.

2.2Remedies. Upon the occurrence of any Event of Default specified in this Article 2 hereof, Lender may enforce the unpaid Principal Amount due, among other remedies, by summary proceeding or similar action in the jurisdiction(s) where enforcement is sought, as well as by any other enforcement **** or action at law or in equity permissible by law. Lender is also entitled to immediately retain title to the Collateral set forth on Exhibit A. The Borrower and any of its subsidiary hereby waive presentment, demand, or notice of dishonor with respect to the obligations of this Restated Note.  In addition to the rights and remedies given it by this Restated Note, the Lender shall have all those rights and remedies allowed by applicable laws, and recourse to one or more right or remedy shall not constitute a waiver of the others.


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ARTICLE 3. COVENANTS AND WARRANTIES OF BORROWER

So long as this Restated Note shall remain in effect and until any outstanding Principal Amount has been paid in full, unless the Lender shall otherwise consent in writing, the Borrower and any of its subsidiaries (whether existing or becoming a subsidiary after the Effective Date), shall not (I) borrow funds, incur or increase indebtedness or credit, or grant an encumbrance or lien to any person that is senior in any way to the Restated Note in respect of payment, priority or preference, or (ii) modify any existing debt or encumbrance in materially adversely affect the rights of Lender, as the noteholder of the Restated Note (by way of example only and without limitation, increasing the amount of existing senior debt, or changing or modifying rights of other existing creditors or lien holders that would in any material respect reduce the security interest or rights of the Lender).

ARTICLE 4. NOTICE AND OTHER INSTRUMENTS.

All notices, reports or other documents and communications that are required or permitted to be given to the Parties under this Agreement shall be sufficient if given in writing and delivered in person, by email, by overnight courier, or by registered or certified mail, postage prepaid, return receipt requested, to the receiving Party at the address listed on the first page of this Restated Note or to such other address as such Party may have given to the other by written notice pursuant to this Article 4. Notice shall be deemed given on the earlier of (I) actual receipt by the receiving party, (ii) the date shown on a facsimile transmission confirmation, (iii) the date on which an e-mail transmission was received by the receiving party’s on-line access provider (iv) the date reflected on a signed delivery receipt, or (vi) on the delivery or refusal date, as specified on the return receipt, in the case of overnight courier or registered or certified mail.

ARTICLE 5 NO ORAL CHANGE

This Restated Note may not be modified, amended, waived, extended, changed, discharged, or terminated orally or by any act or failure to act on the part of Borrower or Lender, but only by an agreement in writing signed by the party against whom enforcement of any modification, amendment, waiver, extension, change, discharge or termination is sought.

ARTICLE6 GOVERNING LAW; VENUE, JURY TRIAL WAIVER

This Restated Note and the rights, remedies, powers, covenants, duties and obligations of the parties herein shall be construed and enforced in accordance with the laws of the State of Mississippi, without regard to the conflict of laws provisions thereof. Any legal suit, action or proceeding arising out of or relating to this Restated Note shall be instituted exclusively in the state or federal courts of the State of Mississippi (and any appellate courts thereof). EACH PARTY HERETO HEREBY IRREVOCABLY WAIVES ANY AND ALL RIGHT TO TRIAL BY JURY IN ANY LEGAL PROCEEDING ARISING OUT OF OR RELATED TO THIS RESTATED NOTE OR ANY OBLIGATIONS HEREUNDER.

ARTICLE 7 ENTIRE AGREEMENT AND AMENDMENT

This Restated Note constitutes the entire agreement between the parties with respect to the subject matter hereof and referenced herein and supersedes and terminates any prior agreements between the parties


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(written or oral) with respect to the subject matter hereof, including, without limitation, the Original Note. Any amendment or modification to, or waiver of any provision of, this Restated Note may be made with, and only with, the written consent of Borrower and Lender. This Restated Note may be amended only by an instrument in writing executed by the parties hereto.

ARTICLE 8 SEVERABILITY

Should any one or more of the provisions of this Restated Note be determined to be illegal or unenforceable, all other provisions hereof shall be given effect separately therefrom and shall not be affected thereby. To the extent that a court determines that any provision herein is unreasonable in light of the circumstances, the court shall revise such provision in a manner that the court determines to be reasonable and to implement the intention of this Restated Note most clearly.

ARTICLE 9 ASSIGNMENT

Borrower may transfer or assign this Restated Note with the consent and notice of the Lender, in accordance with all applicable laws and regulations, which consent may not be unreasonably withheld.

ARTICLE 10 MISCELLENEOUS

This Restated Note will inure to the benefit of and be binding upon each of the parties and their respective heirs, executors, administrators, successors, and permitted assigns. This Restated Note may be executed in multiple counterparts, including without limitation by facsimile, pdf or other electronic document transmission, each of which shall be deemed an original and all of which together shall constitute one and the same instrument. The undersigned executing this Restated Note on behalf of the Borrower and delivering it to the Lender hereby represents and warrants that he does so with all corporate authority of the Borrower. Unless the context requires otherwise, the terms “hereof,” “herein,” “hereby,” “hereto” and derivative or similar words in this Restated Note refer to this entire Restated Note. Unless the context requires otherwise, words in this Restated Note using the singular or plural number also include the plural or singular number, respectively, and the use of any gender herein shall be deemed to include the other genders. References in this Restated Note to “dollars”, “Dollars” or “$” are to U.S. dollars. This Restated Note was prepared jointly by the parties and no rule that it be construed against the drafter will have any application in its construction or interpretation.

[Signature Page Follows]


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IN WITNESS WHEREOF, Borrower, intending to be legally bound hereby, has caused this Amended and Restated Promissory Note to be duly executed by the undersigned as of this 30^th^ day of September 2021.

COJAX OIL AND GAS CORPORATION

By: /s/ Jeffrey J. Guzy

Name: Jeffrey J. Guzy

Title: Chief Executive Officer


Acknowledged and agreed, effective as of the Effective Date:


CENTRAL OPERATING, LLC
/s/ Peter Biglane
By:   Peter Biglane
Title: Manager

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Exhibit A

Collateral

Attached to and made a part of that certain assignment dates effective June 1st, 2019 by and between Central Operating, LLC as Assignor and Barrister Energy, LLC as Assignee

Lessor MOSLEY, MARREL CLIFTON Lessor BYRD, ARTHURINE ET AL Lessor CHAVERS, MILDRED E
Lessee WALTER L JOHNSON Lessee WALTER L JOHNSON Lessee FINA OIL & CHEMICAL
Dated AUGUST 11, 1993 Dated AUGUST 10, 1993 Dated APRIL 18, 1991
Recorded BOOK 486 PAGE 273 Recorded BOOK 486 PAGE 304 Recorded BOOK 407 PAGE 304
Lessor NALL, ALFRED E Lessor MURPHY, MAX H ET UX Lessor SILCOX, SHANE
Lessee WALTER L JOHNSON Lessee WALTER L JOHNSON Lessee FINA OIL & CHEMICAL
Dated AUGUST 10, 1993 Dated SEPTEMBER 15, 1993 Dated APRIL 18, 1991
Recorded BOOK 486 PAGE 276 Recorded BOOK 486 PAGE 312 Recorded BOOK 407 PAGE 301
Lessor EXCEL, TOWN OF Lessor KIRKLAND, REO JR Lessor MOSLEY, ISABELLE L ET AL
Lessee WALTER L JOHNSON Lessee WALTER L JOHNSON Lessee FINA OIL AND CHEMICAL
Dated AUGUST 18, 1993 Dated SEPTEMBER 21, 1993 Dated APRIL 18, 1991
Recorded BOOK 486 PAGE 320 Recorded BOOK 486 PAGE 315 Recorded BOOK 407 PAGE 296
Lessor JETER, JAMES H ET UX Lessor MELTON, H GERALD ET UX Lessor MURPHY, EVELYN JONES ET VI
Lessee WALTER L JOHNSON Lessee WALTER L JOHNSON Lessee WALTER L. JOHNSON
Dated AUGUST 10, 1993 Dated MAY 2, 1994 Dated SEPTEMBER 15, 1995
Recorded BOOK 486 PAGE 279 Recorded BOOK 502 PAGE 289 Recorded BOOK 561 PAGE 89
Lessor HOLDER, WILLA DEAN H Lessor SCRUGGS, BILLY L ET UX
Lessee WALTER L JOHNSON Lessee W. B. DICKERSON JR
Dated JULY 16, 1993 Dated JUNE 8, 1992
Recorded BOOK 486 PAGE 282 Recorded BOOK 440 PAGE 183
Lessor MOSLEY, GEORGE EDWARD ET U Lessor JOHNSON, JERRY
Lessee WALTER L JOHNSON Lessee WALTER L JOHNSON
Dated AUGUST 10, 1993 Dated AUGUST 3, 1995
Recorded BOOK 486 PAGE 284 Recorded BOOK 523 PAGE 225

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Lessor NETTLES, JEFF Lessor JOHNSON, MELVIN D
Lessee WALTER L JOHNSON Lessee WALTER L JOHNSON
Dated AUGUST 11, 1993 Dated AUGUST 3, 1995
Recorded BOOK 486 PAGE 287 Recorded BOOK 523 PAGE 227
Lessor NETTLES, ANN B ET VIR Lessor BROWN, JEFFREY L ET AL
Lessee WALTER L JOHNSON Lessee WALTER L JOHNSON
Dated AUGUST 11, 1993 Dated AUGUST 3, 1995
Recorded BOOK 486 PAGE 290 Recorded BOOK 523 PAGE 238
Lessor CHAVERS, MILDRED E Lessor CHAMPION INTERNATIONAL CO
Lessee WALTER L JOHNSON Lessee ENERGY DEVELOPMENT
Dated JULY 20, 1993 Dated JANUARY 15, 1995
Recorded BOOK 486 PAGE 296 Recorded BOOK 526 PAGE 94
Lessor ZION REST CHURCH Lessor INTERNATIONAL PAPER CO
Lessee WALTER L JOHNSON Lessee ENERGY DEVELOPMENT
Dated AUGUST 4, 1993 Dated DECEMBER 27, 1994
Recorded BOOK 486 PAGE 300 Recorded BOOK 527 PAGE 98
Lessor MANNING, BETTY C ET VIR Lessor RUDY RESOURCES LIMITED PA
Lessee WALTER L JOHNSON Lessee ENERGY DEVELOPMENT
Dated JUNE 21, 1993 Dated JANUARY 15, 1995
Recorded BOOK 491 PAGE 67 Recorded BOOK 529 PAGE 06
Lessor COLEMAN, JAMES C ET UX Lessor SCOTT PAPER COMPANY
Lessee WALTER L. JOHNSON Lessee ENERGY DEVELOPMENT
Dated JUNE 23, 1993 Dated JANUARY 15, 1995
Recorded BOOK 491 PAGE 65 Recorded BOOK 529 PAGE 08
Contract ID Lessor Recording Info State County SEC TWP RNG Legal Description
--- --- --- --- --- --- --- ---
ALPX.16.001.LSE Alfred E. Nall et u 5.0000 Page 9, Book 806 AL Monroe 16 5N 7E 4 ac in SE cor SWSE; 1 ac in SW cor SWSE

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ALPX.16.002.LSE Alfred E. Nall, Jr. 35.8000 Page 11, Book 806 AL Monroe 16 5N 7E N2 SESE Less 1 ac in NW corner; S2 SESE Less 3.2 ac in SW cor
ALPX.16.003.LSE Donna Nall Salter 35.0000 Page 13, Book 806 AL Monroe 16 5N 7E W2 SWSE Less 1 ac in SW corner; E2 SWSE Less 4 ac in SE corner
ALPX.16.004.LSE Louise B. Melton 20.0000 Page 15, Book 806 AL Monroe 16 5N 7E 1 ac in SW cor SWSE W2 SWSE Less 1 ac in SW cor
ALPX.16.005.LSE Ronnie R. Jordan 70.0000 Page 406, Book 802 AL Monroe 16 5N 7E W2 SW Less 4 Tracts;see lease for complete description.
ALPX.16.006.LSE Jimmy R. Frost 1.0000 Page 21, Book 806 AL Monroe 16 5N 7E 1 ac in NW corner of SESE
ALPX.16.007.LSE William T. Caylor 3.2000 Page 17, Book 806 AL Monroe 16 5N 7E 2.2 ac in S2 of SESE<br><br><br>1 ac in SW corner of SESE
ALPX.16.008.LSE Sandy Dunnavant 1.0000 Page 19, Book 806 AL Monroe 16 5N 7E 1 ac in NW corner of SESE
ALPX.16.009.LSE Shane Silcox et u 25.0000 AL Monroe 16 5N 7E Part of SWNE
ALPX.16.010.LSE Freida Wiggins et 56.0000 AL Monroe 16 5N 7E Part of SWNE & Part of SENE & Part of NENE
ALPX.16.011.LSE H. Gerald Melton 78.6000 Page 303, Book 804 AL Monroe 16 5N 7E E2 SW,Less & except a parcel,see lease for complete description
ALPX.16.012.LSE Billy Scruggs et u 80.0000 Page 528, Book 803 AL Monroe 16 5N 7E N2 SE
ALPX.16.013.LSE L.T. Wiggins et ux 1.0000 AL Monroe 16 5N 7E SE corner of N2 of SENE
ALPX.17.001.LSE W.J. Martin, Jr. 80.0000 Page 399, Book 802 AL Monroe 17 5N 7E NE1/4 OF SW1/4;and SE1/4 of NW1/4
ALPX.17.002.LSE Edward Nelson M 71.3300 Page 396, Book 802 AL Monroe 20 5N 7E N1/3 NWNE;N1/3 NENW;E1/2NENE S1/3 SWSE;S1/3 SESW<br><br><br>Less 2 acres in SW corner

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ALPX.17.003.LSE Annabel J. White, 133.2200 Page 401, Book 802 AL Monroe 17 5N 7E SENE & NESE & N2 SESE<br><br><br>Less tracts;see full description on lease.
20 5N 7E Metes & Bounds Tract,see lease for fulldescription. W2 SWNE Less 3 ac;also
21 5N 7E W2 NWSE,see lease for complete description.
ALPX.17.006.LSE Hazel Norris 89.3700 Page 409, Book 802 AL Monroe 17 5N 7E SWSW Less 2 Tracts;N2/3 SWSE Less tract & N 2/3 SESW
ALPX.17.007.LSE Bennie C. Norris 1.0000 Page 412, Book 802<br><br><br>AL Monroe 17 5N 7E Metes & Bounds Tract in<br><br><br>SWSW
ALPX.17.008.LSE Danny L. Everette 1.0000 Page 414, Book 802 AL Monroe 17 5N 7E Metes & Bounds Tract in SWSW
ALPX.17.009.LSE Garilyn Blanton 1.6300 Page 416, Book 802 AL Monroe 17 5N 7E Metes & Bounds Tract in SWSW
ALPX.17.010.LSE Annabel Wallet v 3.0000 Page 418, Book 802 AL Monroe 17 5N 7E Metes & Bounds Tract in NESE
ALPX.20.001.LSE Marlene B. Grissette 27.0000 AL Monroe 20 5N 7E 27 ac tract in SW cor of NENW,NWNW
ALPX.20.002.LSE Roger W. Bayles, 9.5000 AL Monroe 20 5N 7E 9.5 acs start SE corner of W2 of NENE
ALPX.21.001.LSE Audry O. Melton e 45.5900 AL Monroe 21 5N 7E 9.59 ac tract in NENE
21 5N 7E NENW less two tracts
ALPX.21.002.LSE Brenda Andrews 2.7800 AL Monroe 21 5N 7E 2.78 ac tract in S2 of NENW
ALPX.21.003.LSE Deanna Andrews 0.8700 AL Monroe 21 5N 7E .87 ac tract in NE corner NENW
ALPX.21.004.LSE Mitchell W. Jordan 38.7100 Page 404, Book 802 AL Monroe 21 5N 7E E2 SWNE Less 3 ac; also E2 NWSE;see lease for complete description.

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ALPX.21.005.LSE Alfred E. Nall,Life 40.0000 AL Monroe 21 5N 7E NWNE
ALPX.21.006.LSE Alfred E, Nall, Jr., 33.0000 AL Monroe 21 5N 7E S2 NENE Less 50' strip across NS of SWNENE; NENENE; 50' strip across NS of NWNENE
ALPX.21.007.LSE Louise B. Melton 33.0000 AL Monroe 21 5N 7E S2 NENE Less 50' strip across NS of SWNENE; NENENE; 50' strip across NS of NWNENE

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