Common use of Financing Statement; Fixture Filing Clause in Contracts

Financing Statement; Fixture Filing. This Mortgage shall be effective as a financing statement filed as a fixture filing with respect to all fixtures included within the Mortgaged Property and is to be filed or filed for record in the real estate records of each jurisdiction where any part of the Mortgaged Property (including said fixtures) are situated. This Mortgage shall also be effective as a financing statement covering minerals or the like (including oil and gas and all other substances of value which may be extracted from the ground) and accounts financed at the wellhead or minehead of wellx xx mines located on the properties subject to the Applicable UCC and is to be filed for record in the real estate records of each jurisdiction where any part of the Mortgaged Property is situated. In addition, the Mortgagor shall execute and deliver to the Agent, upon the Agent's request, any financing statements or amendments thereof or continuation statements thereto that the Agent may require to perfect a security interest in said items or types of property. The Mortgagor shall pay all costs of filing such instruments. In that regard, the following information is provided: Name of Debtor: Queen Sand Resources, Inc. Address of Debtor and 3500 Xxx Xxxx Xxxxx, Xxxxx 000 Xxxxxx xx Xxxxxxxxx Dallxx, Xxxxx 00000 (chief executive Attention: Mr. Xxxxxx X. Xxxxxxx offices): Facsimile: (214) 000-0000 Telephone: (214) 000-0000 Principal Place of Business of Debtor: Same as above. Tax I.D. Number of Debtor: 75-200-0000 Name of Secured Party: Bank of Montreal, as Agent Address of Secured 700 Xxxxxxxxx, Xxxxx 0000 Party: Housxxx, Xxxxx 00000 Tax I.D. Number of Secured Party: 13-400-0000

Financing Statement; Fixture Filing. This Mortgage Agreement shall be effective as a financing statement filed as a fixture filing with respect to all fixtures included within the Mortgaged Property and is to be filed or filed for record in the real estate records, Agreement records or other appropriate records of each jurisdiction where any part of the Mortgaged Property (including said fixtures) are situated. This Mortgage Agreement shall also be effective as a financing statement covering minerals or the like (As-extracted collateral, including oil and gas and all other substances of value which may be extracted from or the ground) like and accounts financed at the wellhead or minehead of wellx xx xxxxx or mines located on the properties subject to the Applicable UCC Uniform Commercial Code and is to be filed for record in the real estate records, Mortgage records or other appropriate records of each jurisdiction where any part of the Mortgaged Property is situated. Borrower hereby authorizes Secured Party to file one or more financing or continuation statements, and amendments thereto, relative to all or any part of the Mortgaged Property without the signature of Borrower at any time after the execution of this Agreement, and hereby ratifies any thereof filed prior to the execution of this Agreement. In addition, the Mortgagor Borrower shall execute and deliver to the AgentSecured Party, upon the AgentSecured Party's request, any financing statements or amendments thereof or continuation statements thereto that the Agent Secured Party may require to perfect a security interest in said items or types of property. The Mortgagor Borrower shall pay all costs of associated with filing such instruments. In that regard, the following information is provided: Name of DebtorBorrower: Queen Sand Resources, Inc. Synergy Resources Corporation Mailing Address of Debtor and 3500 Xxx Xxxx Xxxxx, Xxxxx 000 Xxxxxx xx Xxxxxxxxx Dallxx, Xxxxx 00000 Borrower & County of Residence (chief executive office): 00000 Xxxxxxx 00 Xxxxxxxxxxx, XX 00000 Attention: Mr. Xxxxxx X. Xxxxxxx offices): Xxxxxxxx, CEO and Director Facsimile: (214) 000-000-0000 TelephoneJurisdiction of incorporation Organizational ID #: (214) 000-0000 Principal Place of Business of Debtor: Same as aboveColorado/ID No. Tax I.D. Number of Debtor: 75-200-0000 20051109690 Name of Secured Party: Bank Community Banks of MontrealColorado, as Agent Address of Secured 700 Xxxxxxxxx, Xxxxx 0000 Party: Housxxx, Xxxxx 00000 Tax I.D. Number of Secured Party: 13-400-0000Administrative Agent

Financing Statement; Fixture Filing. This Mortgage shall be effective as a financing statement filed as a fixture filing with respect to all fixtures included within the Mortgaged Property and is to be filed or filed for record in the real estate records of each jurisdiction where any part of the Mortgaged Property (including said fixtures) are situated. This Mortgage shall also be effective as a financing statement covering minerals or the like (including oil and gas and all other substances of value which may be extracted from the ground) and accounts financed at the wellhead or minehead of wellx xx mines located on the properties subject to the Applicable UCC and is to be filed for record in the real estate records of each jurisdiction where any part of the Mortgaged Property is situated. In addition, the Mortgagor shall execute and deliver to the Agent, upon the Agent's request, any financing statements or amendments thereof or continuation statements thereto that the Agent may require to perfect a security interest in said items or types of property. The Mortgagor shall pay all costs of filing such instruments. In that regard, the following information is provided: Name of Debtor: Queen Sand Corrida Resources, Inc. Address of Debtor and 3500 Xxx Xxxx Xxxxx, Xxxxx 000 Xxxxxx xx Xxxxxxxxx DallxxXxxxxx, Xxxxx 00000 (chief executive Attention: Mr. Xxxxxx Robexx X. Xxxxxxx offices): Facsimile: (214) 000-0000 Telephone: (214) 000-0000 Principal Place of Business of Debtor: Same as above. Tax I.D. Number of Debtor: 75-200-0000 Name of Secured Party: Bank of Montreal, as Agent Address of Secured 700 Xxxxxxxxx, Xxxxx 0000 PartyXxxxx: HousxxxXxxxxxx, Xxxxx 00000 Tax I.D. Number of Secured Party: 13-400-0000

Financing Statement; Fixture Filing. This Mortgage Agreement shall be effective as a financing statement filed as a fixture filing with respect to all fixtures included within the Mortgaged Property and is to be filed or filed for record in the real estate records, Agreement records or other appropriate records of each jurisdiction where any part of the Mortgaged Property (including said fixtures) are situated. This Mortgage Agreement shall also be effective as a financing statement covering minerals or the like (As-extracted collateral, including oil and gas and all other substances of value which may be extracted from or the ground) like and accounts financed at the wellhead or minehead of wellx xx wxxxx or mines located on the properties subject to the Applicable UCC Uniform Commercial Code and is to be filed for record in the real estate records, Mortgage records or other appropriate records of each jurisdiction where any part of the Mortgaged Property is situated. Borrower hereby authorizes Secured Party to file one or more financing or continuation statements, and amendments thereto, relative to all or any part of the Mortgaged Property without the signature of Borrower at any time after the execution of this Agreement, and hereby ratifies any thereof filed prior to the execution of this Agreement. In addition, the Mortgagor Borrower shall execute and deliver to the AgentSecured Party, upon the AgentSecured Party's request, any financing statements or amendments thereof or continuation statements thereto that the Agent Secured Party may require to perfect a security interest in said items or types of property. The Mortgagor Borrower shall pay all costs of associated with filing such instruments. In that regard, the following information is provided: Name of DebtorBorrower: Queen Sand Resources, Inc. Synergy Resources Corporation Mailing Address of Debtor and 3500 Xxx Xxxx Xxxxx, Xxxxx 000 Xxxxxx xx Xxxxxxxxx Dallxx, Xxxxx 00000 Borrower & County of Residence (chief executive office): 20000 Xxxxxxx 00 Xxxxxxxxxxx, XX 00000 Attention: Mr. Xxxxxx X. Xxxxxxx offices): Exxxxx Xxxxxxxx, CEO and Director Facsimile: (214) 900-000-0000 TelephoneJurisdiction of incorporation Organizational ID #: (214) 000-0000 Principal Place of Business of Debtor: Same as aboveColorado/ID No. Tax I.D. Number of Debtor: 75-200-0000 20051109690 Name of Secured Party: Bank Community Banks of MontrealColorado, as Agent Address of Secured 700 Xxxxxxxxx, Xxxxx 0000 Party: Housxxx, Xxxxx 00000 Tax I.D. Number of Secured Party: 13-400-0000Administrative Agent