upr000091 17

Rage Three October 15# 1952 In Section Township SO South* Range OX East* M.D.B. & It,* and all production and distribution facilities oonnsetod with both said wells) but Including automotive* shop and other equipment* material and supplies on hand belonging to Las Vegas Land and Hater Company* amt all additions and betterments (Including the Hyde Park additions and betterments)* as the same exist as of September 1st* 1958* and all additions and betterments being constructed* and those for the construction of which contracts have been executed prior to September 1st* 1959. (e) You will encumber all other land in Sections 27# 28, 29# 30, 31# 32* 33* and 3*# Township 20 South* Bangs 61 East* K.0.B. & H.* owned or held by you, for a term of 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 Hell 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 Hell to replace the same. S»id Railroad Company shall have the right to drill a well within a radius of 100 feet from said Shop Hell* 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 Hell to be plugged so that the water encountered therein shall not be wasted* aa the word "waste” is defined by Section 7993.11 Nevada Compiled Laws, 19*3-19*9. The cost of all improvements for the construction of which contracts havs 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 aa you may designate.