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K 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 of all liens and encumbrances. ARTICLE II THE COMPANY AGREES: 1. Upon the execution of this agreement and receipt of said hill of sale, and such necessary easements for said water mains, to pay to the Subdivider at monthly intervals fifty percent (50$) of the monthly revenue received hy it from consumers located within said Tract No. 2, taking service from the water mains installed hereunder for a (period of ten (10 ) years from the date of completion of said installation, or until the Subdivider has "been repaid the agreed upon sum of 1V7.OO, whichever oc«urs first. ARTICLE III p IT IS MUTUALLY AGREED: 1. All 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 successors and assigns of the respective parties hereto, t ’ikf0i0' • IlfV--’ ' ?' ;• 1: '' " ? ? •; v*/ IN WITNESS "WHEREOF, /the parties hereto have executed this agreement as of the day and year .first above written. Attest: LAS VEGAS < V • 4 mf jLl. A?: -NiDm. 'ApNM?D . W»?A' TmE R CO•MPANY Seqj&tary 'ice -Pris ident FEDERAL DEVELOPMENT CO. - By:" <^<2L m a A - 8 °