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Las Vegas - February 25* 1952 Mr. C. M. Gory - 2 3* 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 feet on each side of the center line of said pipe line. k. 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. The Company agrees! l. Upon the execution of this agreement and receipt of said bill of sale, and such necessary easements for said water mains, to pay to the Subdivider at monthly intervals thirty-five (35^) percent of the monthly revenue received y it from consumers located within blocks 4 and 5 of said Bidgevlew Tract #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 $2 650, whichever first occurs. Will you also please prepare a Bill of Sale conveying title to the water lines tothe Las Vegas Land and Water Comp&nu. /