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Page Three October 15, 1952 in Section 26, Township 20 South, Range 61 East, M.D.B. & M., and all production and distribution facilities connected with both said wells) but including automotive, shop and other equipment, material and supplies on hand belonging to Las Vegas Land and Water Company, and all additions and betterments (including the Hyde Park additions and betterments), as the same exist as of September 1st, 1952, and all additions and betterments being constructed, and those for the construction of which contracts have been executed prior to September 1st, 1952. (e) You will encumber all other land in Sections 27, 28, 29, 30, 31, 32, 33, and 34, Township 20 South, Range 61 East, M.D.B. & M., owned or held by you, for a term df. fifty years, with a covenant, running with the land, to the effect that no water well shall be drilled or dug thereon, to a depth exceeding one hundred feet, except that, it is understood the said Shop Well is in need of repairs and that it may be for the best interests of all concerned that a new well be drilled in the vicinity of said Shop Well to replace the same. Sai<3 Railroad Company shall have the right to drill a well within a radius of 100 feet from said Shop Well, through which it may appropri­ate the water for railroad purposes reserved by it pursuant to (b) above, provided, however, that as and when such well is completed, said Railroad Company will cause said Shop Well to be plugged so that the water encountered therein shall not be wasted, as the word ’’waste” is defined by Section 7993.11 Nevada.Compiled Laws, 1943-1949. The cost of all improvements for the construction of which contracts have been executed subsequent to September 1st, 1952, and up to the date of consummation of the sale, will be added to the amount of the purchase price. Said purchase price shall be paid to you in cash or in such other medium of payment as you may designate.