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man000164 156

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man000164-156
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• • + B?E 1 | v | | | j l . n 1 ARTICLE II 2 The Company agrees: 3 1. Upon the execution of this agreement and 4 receipt of said Bill of Sale, and such necessary easements for said 5 water mains, to pay to the Party of the Second Part, at monthly 6 intervals fifty percent (50%) of the monthly revenue received by it 7 from consumers in said tract taking water from the water mains so 8 installed hereunder for a period of ten (10) years from the date of 9 completion of said installation, or until the Party of the Second 10 Part has been repaid-the agreed upon cost of $900.00^ whichever 11 occurs first. f v 12 th v | w . - ? . f - vl'/r:""’' *1 i W & l V . ARTICLE TIL,S? "" ' 'f ” ‘ 13 IT iM’jiJTUALLY AGREE©: M ? J r - 14 1. All water mains so installed shall be and 15 remain the property of the Company. > ' V j'' •: 16 2. This Agreement shall Inure to the benefit o: 17 and be binding upon the heirs, administrators,'executors, successors 18 and assigns of the respective parties hereto. ... 19 IN WITNESS WHEREOF, the parties hereto have executed 20 this agreement as of the day and year'first :,at>ove written. 21 22 23 * ATTEST': * IAS tV ErGA- *S- +L AND AND* WATER COMPANY ”mi‘--Tn--........- t (ustm-ttin /Secretary ?_^ ? ? / ? t ? 'T"$P~:'£ ? k 25 26 S l B l « .. .-......... - Donald L. Ream A-94