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upr000067 210

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upr000067-210
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\ successors or assigns, when the District, Its successors or as­signs, shall coass to use said land, as a sits for a pumping sta­tion* In the event the District shall abandon the use of said pumping station on said land, the District at its sole ex­pense, and within ninety (90) days after said abandonment, shall remove said pimping station and restore the surface of the ground to the condition existing prior to the construction of said pimp­ing station* Section 6* On or before the sale date the District and Union Pacific shall eater Into an agreement with the M M OF IB* YAM* of has Vegas, Nevada, providing for the opening of a trust fund to be held in trust by said bank and disbursed pursuant to instructions given the Bank in said agreement for the purposes hereinafter stated* Chi the first day of the t month next succeed- ir> lag the sale date and on the first day of each month thereafter for a period of twenty (20) years, subject to the provisions of Sections ? and 10 hereof, the - District shall deposit with the said Bank in said trust fund the sum of Twelve Hundred Fifty Dollar* (#1,250.00). Section 7 . In the event the new pipe lines and pimp­ing station shall be constructed by the District and the said existing pipe lines.removed by the District as provided in Fac­tion f hereof, upon the completion of the construction of said * new pipe lirtejs and the removal of said existing pipe lines,the trust fund established pursuant to the provisions of Section i hereof stealDf fee terminated, and any moneys therein shall fee turned over to the District, In the event the said new pipe lines and pdepiog station shall be constructed and the said existing pipe lines removed by Union Pacific as provided in Section 3 hereof, the said Bank of Nevada shall pay to the 7