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mains are to be laid, and to indicate street and alley grades by appropriate stakes. 4. To furnish the Company easements, satisfactory in form, where pipe lines are to be laid in other than dedicated streets and alleys, said easements to be five (5) feet on each side of the center line of said pipe lines. 5. 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* ARTICLE 11. THE COMPANY AGREES: 1. Upon the execution of this agreement and receipt of said bill of sale, and such necessary easements for said water lines to pay to the Subdivider at quarterly intervals thirty-five (35$) percent of the revenue received by it from consumers located within Paradise Village Tract No. 4, taking service from the water mains 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 $4,140.00, Whichever first occurs* ' ARTICLE 111. 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 - 3 -