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man000165-207
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ceipt of necessary title reports or policies of title insurance, to pay to the Subdivider at quarterly intervals thirty-five percent (35%) of the revenue received by it from consumers located within said residential area taking service from the water lines installed hereunder for a period of ten (10) years from the date of completion of said installation or until the Subdivider has been repaid the agreed upon sum of $560.00, whichever first occurs, ARTICLE III, IT IS MUTUALLY AGREED: 1* All water mains so installed shall be and remain the property of the Company, 2, This agreement shall inure to the benefit of and be binding upon the successors and assigns of the respective parties hereto, IN WITNESS WHEREOF, the parties hereto have executed this agreement as of the day and year first above written. Attest: LAS VEGAS LAND AND WATER COMPANY By. -----V ice Presi'Luent Witness: RICHARD R. STADELMAN -4-
