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said Section 32j thence north along said west line to the northwest corner of said Section 32; thence east along the north line of said Section 32 to the northeast comer of said NW£ of said Section 32j thence south 300 feet along the east line of said of said Section 32; thence west 1400 feet parallel to the north line of said Section 32; thence southwesterly in a direct line to the Point of Beginning. EXCEPTING and reserving the right of the Grantor and LOS ANGELES k SALT LAKE RAILROAD COMPANY to take and receive from the above described property by means of a well known as Well No. 1 not to exceed 2.5 cubic feet of water per second for railroad and domestic use pursuant to that Certain Certificate of Appropriation bearing Application No. 7200 and Certificate Record No. 1631, Book 6, Page 1631# issued to the WS ANGELES & SALT LAKE RAILROAD COMPANY, which Certificate of Appropriation was recorded May 14, 1930, in Book 1 of Mater Appropriations, Page 76, in the office of the County Recorder of Clark County, Nevada. The above described property is conveyed subject t© 1. General and special taxes for the year 1953# including any special district levies, payment for which is included therein and collected therewith, 2. Conditions, restrictions, reservations, easements and encumbrances of record. Said Onion Pacific Railroad Company, Grantor, also assigns, transfers and conveys to said Las Vegas Land and Water Company, Grantee, its successors and assigns, all of the rights and interests of Onion Pacific Railroad Company as the grantee -3-