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1. »-?< - -v. it Mesquite Avenue, a total distance of approximately 1300 feet, 3* To furnislt, give and deliver to the Company a permanent easement or right of way, for the laying, installation, operation and maintenance of water pipe lines under, over and along a strip ten feet in width, being five feet on each .side of and along the lines so surveyed and staked upon the ground where said water main is to be laid, where such lines cross over land or premises not dedicated to public streets or alleys, ARTICLE II. The Company agrees: 1, Upon the execution of this agreement and the payment of the sum of $3,000*00, specified in paragraph 1 of Article I hereof, and upon delivery to the Company of a duly executed easement as provided in paragraph 3 of said Article I, to order the necessary pipe, fittings and other materials necessary for making of such extensions, and upon the arrival of the pipe and materials aforesaid at Las Yegas, to proceed with the installation of said water mains along the lines so staked upon the ground by the Subdivider, and to complete the said installation with reasonable diligence, 2* To pay to the Subdivider at monthly intervals, fifty percent (5056) of the monthly revenue received by it from customers in said Blocks 18 and 24, of said Subdivision, taking water from the water mains so installed hereunder, foi^ \> a period of ten (10) years from the date of the completions^ of said installation, or. until the Subdivider has been repaid the actual cost of the line so advanced by it, whichever occurs first. ARTICLE III* It is mutually agreed: 1* That the water mains so installed shall be and remain the property of the Company. 2. Should the actual cost of the installation of said water mains exceed the estimated cost of $3,000*00, then and in that event the Subdivider will pay the excess to the Company, upon demand, and if said actual cost be less than $3,000*00, then the Company will pay to the Subdivider the difference between said estimated cost so advanced and the actual cost. By actual cost is meant the cost of all material and supplies delivered to the j o b and the cost of all labor employed in connection with the installation of said water mains, plus - 2 - A~ 6