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m f 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 and alleys, said easements to be five (5) feet on each side of the center line of said pipe line; 5. To provide the Las Vegas Land and Water Company with: a* A title guarantee with limits of $1,000*00, issued by the Pioneer Title Insurance and Trust Company, showing that where pipe lines are located in dedicated streets or alleys, such streets or alleys have been lawfully dedicated under the laws of the State of Nevada by the owners of record of all of the land involved and have not subsequently been vacated or abandoned. b. A policy of title insurance with limits of $1,000.00 issued by the Pioneer Title Insurance and Trust Company showing title to the easements referred to in Para­graph 4 of this Article I to be vested in Las Vegas Land and Water Company. 6. 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. 7. The Subdivider further agrees not to commence the con­struction of the pipe line covered by Subdivision 1 hereof until such time as it has furnished to the Company title guarantees or policies of title insurance aforesaid. ARTICLE II. THE COMPANY AGREES: 1. Upon execution of this Agreement and receipt of said Bill of Sale, and such necessary easements for said water lines, and receipt of necessary title guarantees or policies of title - 3-