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* gress and egress to and from said area, for the exploration for, removal and disposal of, minerals hereby excepted and reserved and minerals underlying other lands, with the perpetual right for said purposes, to have any buildings, other structures and property removed from the Development Area without expense to Grantor ; and said property is conveyed subject to? a. Taxes for fiscal year 1958-59, lien not yet payable; b. That certain unrecorded agreement between A 0 T, Jergins Trust, Pan American Petroleum Company, City of Long Beach, and Los Angeles & Salt Lake Bailroad Company, dated April 30, 1925, identified as LA&SLRRCo. Contract Audit No, 5181, which prohibits the location of any wells upon the land herein conveyed; c. That certain easement 15 feet in width for pipe lines and appurtenances thereto for oil and other related products heretofore granted to Standard Oil Company of California and Standard Gasoline Company by LVL&WCo, over, along and across a portion of the hereinabove described parcel of land; d. All existing pipe lines and power lines which may affect the property herein conveyed whether of record or otherwise; e„ Conditions, restrictions, reservations, easements, encumbrances and rights of way of record, if any; and said conveyance is subject to the further restriction that no well for production of oil, gas or other minerals shall be dug, installed, maintained, or operated by Grantees upon the conveyed premises; be, and the same is hereby, ratified, approved and confirmed. On motion duly seconded, it was RESOLVED, that the action of President Stoddard and Assistant Secretary Bachman in executing Assignment C,D, No, 40829-B, dated July 1, 1958, by which LVL&WCo, consented to assign- 3-
