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man000164-046
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I agree.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 — eurately stake upon the ground the line along which said water mains are to he laid, and to indicate street and alley grades hy appropriate stakes* 4, To furnish the Company easements, satisfactory in form, where pipe lines are to he laid in other than dedicated streets and alleys, said easements to he five (5) feet on each side of the center line of said pipe lines* 5. To furnish a Bill of Sale for said water mains, conveying to the Company all right, title and interest in the said water mains, free and clear of all liens and encumbrances* ARTICLE 11. THE COMPANY AGREES: 1. Upon the execution of this agreement and receipt of said Bill of Sale, and such necessary easements for said water mains t / p a y to the Suhdivider at quarterly intervals thirty-five (35% ) percent of the revenue received hy it from consumers located within Hyde Park, Subdivision No. 1, 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 Suhdivider has heen repaid the agreed upon sum of $53,000*00, whichever first occurs, ARTICLE 111. IT IS MUTUALLY AGREED: 1, All water mains so installed shall he and remain the property of the Company* 2* This agreement shall inure to the benefit of - 3 - X-//5