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m at any time® When total purchase price paid, plus all accrued interest, taxes and assessments, Land Company shall deliver deed conveying the property, along with a bill of sale for the chattels, subject to oil reservations as described in C®L®D® 15504® Debd to contain provision concerning possible future subsidence on the subject property® Deed shall convey title subject to taxes and assessments for public improvements, which are a lien at the time of conveyance; covenants, conditions, restrictions, reservations, easements, exceptions and encumbrances of record, and easements more specifically referred to in C® L. D® 15504® Koppel during the life of the agreement to pay taxes and assessments, and enter into agreement with Las Vegas Land and Water Company, Los Angeles and Salt Lake Railroad Company and its Lessee, Union Pacific Railroad Company, for maintenance, operation and ownership of industry spur tracks presently serving subject property® Improvements now or hereafter located upon subject property, shall remain thereon and shall not be removed | until final payment of pur-chase price® Los Angeles and Salt Lake Railroad Company and its Lessee, Union Pacific Railroad Company, granted Las Vegas Land and Water Company an easement for the construction and maintenance of a sheet piling for the protection of subject property® Land Company shall convey to Koppel Bulk Terminal Company all Land Company’s right, title and interest in said easement, upon payment of purchase price® -8-
