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1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 percent (50$) of the monthly revenue received by It from customers in said Blocks 14 and 15 of said Subdivision taking water from said pipe line, for a period of ten (10) years from the date of the completion of said installation, or, until the Subdivider ! \ ' 9 has been repaid the actual cost of the line so advanced by it, whichever occurs first* ARTICLE III It is mutually agreed: 1. That the water mains so installed shall be and remain the property of the Company. 2. Should the actual cost of the installation of said water mains exceed the estimated cost of $1,990*00, then and in that event the Subdivider will pay the excess to the Company, upon demand, if said actual oost be less than $1,990.00, then the Company will pay to the Subdivider the difference between said estimated cost so advanced and the aotual cost* By actual oost is meant the cost of all materials and supplies delivered to the Job, the cost of all labor employed in connection with the installation of said water main, the cost of premiums paid by the Company on contractor^ surety bond, Public Liability, Property Damage and Contractor^ Contractual Liability Insurance, plus ten percent (10#) for supervision and overhead. 3. This agreement shall inure to the benefit of and bind the successors, heirs and assigns of the respective parties hereto. IN WITNESS WHEREOF, the parties hereto have executed this 3.