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las Vegas, Nevada, November 15, 1941. Las Vegas-Land and Water Company, Las Vegas, Nevada. Gentlemen; ritle Company, we will pay to you the sum of #19,250.00 In oasb, and we will execute and deliver to said Title Company our promissory note payable to you, in the sum of #20,070.00 payable within two years from the date thereof, with interest on deferred payments at the rate of six percent per annum which note will be secured by a Deed of Trust covering on* the let# outlined in blue on the attached tracing, which Deed of Trust we will also execute and deliver to said Title Company at said time, and in which our wives will Join. 3. Said Deed of Trust, in addition to the usual provisions contained in the printed form supplied by Pioneer Title Insurance and Trust Company, shall provide for the release (a) Taxes - subject 4o 1942 taxes; §W Subject to reservation of water rights; (c) Reservation of oil and mineral rights, without right of re-entry; (d) Basement for the natural course of Las Vegas Creek; (a) Subject to encroachment by the City of Las Vegas for present existing race track; payment of #500.00 per acre, stash pa*_________«uon said note. 4. Tour Deed to us ©ay contain all or any of the following reservations and restrictions: Reservations
