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to real property taxes and assessments, assessed for period between the close of escrow and January 1, 1966. Russell'until January 1, 1 9 6 6 , to indemnify and save harmless the Land Company against liability for loss, costs, claims and damages because of injury to or death of persons, and damage to or destruction of property by virtue of the existence of the crop agreements Exhibits "B", "B-l" and "C". Land Company to take no action with respect to the property prior to January 1, 1 9 6 6 , which would violate rights of any of the parties to said crop agreements. Option agreement shall be binding upon and inure to the benefit of the parties thereto, their heirs, successors and assigns; be, and the same is hereby, ratified, approved and confirmed. On motion duly seconded, it was RESOLVED, that the action of Vice President Payne and Secretary Dixon in executing License Agreement C.L.D. 15222, dated September 20, 1 9 6 5 * granting Albert E. Carrey the privil­ege and permission to use and occupy for agricultural and dwell­ing purposes, that portion of the property of the LVL&WCo. as shown on print attached to said agreement C.L.D. 15222, Licensee to pay taxes on personal property and crops on the licensed premises, and to pay Licensor any and all rents which Licensee may receive from the rental of any dwelling houses located on the licensed premises, and pay all charges for water, gas, light and power; Licensee assumes all risk of loss or damage to build­ings or contents by fire on the said premises, and releases