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1 z 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 all of the documents hereinafter referred to transferring, assigning and conveying to the District all of the property referred to in Section 1 hereof, (c) The Escrow Agent shall furnish to the District a policy of title insurance issued by the PIONEER TITLE INSURANCE COMPANY, of Las Vegas, with liability not exceeding $267*650.00 showing title to the lands referred to in subparagraph (a) of Section 1 of this agreement to be vest- I ed in the District subject to all taxes for the calendar year in which the sale date occurs and all conditions, restrictions, reservations, easements and Certificates of Appropriation of Water of record except (subject to the provisions of Section 2 hereof) the Certificates of Appropriation of Water referred to in Section 2 of this agreement, and _ —fttj after the payment of said purchase price^) ^by said Escrow Agentj^therejshal 1 remain in the possession of said Escrow Agent the amount of the-Itelocation Fund es- tablished pursuant to Section 5 hereof, v8" The term "sale date" as used in this agreement shall be th^ date when the said escrow shall have been partially performed by the conveyance of the properties referred to in Section 1 hereof to the District and the payment of the purchase price therefor to First Parties or their nominee. The said land referred to in subparagraph (a) of Section 1 shall be conveyed to the District by deed in the form hereto at31.