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upr000031 101

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upr000031-101
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University of Nevada, Las Vegas. Libraries

las Vegas, Nevada, November 15, 1941. Las Vegas-Land and Water Company, Las Vegas, Nevada. Gentlemen; ritle Company, we will pay to you the sum of #19,250.00 In oasb, and we will execute and deliver to said Title Company our promissory note payable to you, in the sum of #20,070.00 payable within two years from the date thereof, with interest on deferred payments at the rate of six percent per annum which note will be secured by a Deed of Trust covering on* the let# outlined in blue on the attached tracing, which Deed of Trust we will also execute and deliver to said Title Com­pany at said time, and in which our wives will Join. 3. Said Deed of Trust, in addition to the usual pro­visions contained in the printed form supplied by Pioneer Title Insurance and Trust Company, shall provide for the release (a) Taxes - subject 4o 1942 taxes; §W Subject to reservation of water rights; (c) Reservation of oil and mineral rights, without right of re-entry; (d) Basement for the natural course of Las Vegas Creek; (a) Subject to encroachment by the City of Las Vegas for present existing race track; payment of #500.00 per acre, stash pa*_________«uon said note. 4. Tour Deed to us ©ay contain all or any of the following reservations and restrictions: Reservations