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W. A. CLARK, dated December 8, 1902, and recorded In Book U of Real Estate Deeds at Page 222, Lincoln County, Nevada Records. There Is also excepted and reserved that certain Certificate of Appropriation bearing Application No. 7200 and Certificate Record No. 1631, Book 6, Page 1631, authorizing Los Angeles & Salt Lake Railroad Company, a corporation, to appropriate 2 .5 cubic feet of water per second from the land above described, which certificate of Appropriation was recorded May 14, 1930, in Book 1 of Water Appropriations, Page 76, in the office of the County Recorder of Clark County, Nevada. (NOTE: The exception and reservation of said Certificate of Appropriation will be included within this deed under the circumstances set forth in Sec. 2 of the agreement to which this exhibit is attached.) The land above described is conveyed subject to: 1. All conditions, restrictions, reservations, easements and Certificates of Appropriation of water of record. 2. General and special taxes for the year 195____ (NOTE: The year to be inserted herein shall be the calendar year in which the sale date occurs.) including any special district levies, payment for which is included therein and collected therewith. Grantor for itself, its successors and assigns, covenants and agrees for a term of twenty-one (2 1 ) years subsequent 'to the date of this deed, and for a further term of twenty-one (21) years at the option of the Grantee, that no water wells shall be drilled or dug to a depth exceeding one hundred (100) feet by the Grantor, its successors and assigns, upon any lands now owned by the Grantor and not hereby conveyed, in Sections 27, 28, 29, 30, 31, 32, 33 and 34, Township 20 South, Range 61 East, M.D.B.&M., Clark County, Nevada, except such lands within such sections as are bounded on the west by a line parallel to and 1600 feet westerly of the westerly line of Main Street, on the east by the westerly line of said Main Street, on the north by Bonanza Road and on the south by Charleston Boulevard as said streets now exist in the City of Las Vegas, Nevada. This cov- EKHIBIT "B" -3-