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Vw * m 1 N 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 streets and alleys or easements, said easements to be five (5) feet on each side of the center Bne of said pipe line. ARTICLE II. The Company agrees: 1. Upon the execution of this agreement, the payment of the sum of $3^368.75, specified in Paragraph I of Article I hereof, and the furnishing of such necessary easements, to deliver to the Subdivider 1,750 feet of six (6) inch cast iron water pipe. Said water main shall consist of six (6) inch cast iron pipe. 2. To pay to the Subdivider at monthly intervale, fifty percent (50#) of the monthly revenue received by it from the sale of water located on Lots 8 to 1»1 in Block k of Mayfair Tract No. 2, and on Lots 1 to 7 inclusive, Block k Mayfair Tract No. 1, taking service from the water main so installed J M 1 hereunder, for a period of ten years from the date of the completion/of said installation, or, until the Subdivider has been refunded the actual cost of the said mater line, whichever occurs first, but in no event shall the com­pany refund in excess of the sum of $6,580.00. ARTICLE III. 19 20 21 22 23 24 25 26 IT IS MUTUALLY AGREED: 1. That the water mains so installed shall be and remain the property of the Company. 2. This agreement shall inure to the benefit of and be binding upon the heirs, executors, administrators, successors and assigns of the respective parties hereto. - 3 - A - s ^ r