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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 extending from the hearsst water mein of ten Vegas Land end later Company to seek Let or parse! within the area hereby con- rayed for the distribution ©f water there­to, and therefore, this conveyance is made and accepted upon the further express eon* ditioa and covenant running with the land, which shall be binding upon all subsequent Grantees or holders of'title of said land or any portion thereof, that no lot or pareel thereof containing an area of less than five acres shall be sold, leased or otherwise die- * posed of unless and until Grantees, their heirs, executors, administrators or assigns shall have, at their own cost and expense, con­structed and laid water pipe lines and laterals extending from the nearest water mains of Las Vegas Land and later Company to each such lot or parcel, for the distribution of wator there­to; provided, however, that the provision# of this sub-paragraph |@| shall not be construed as changing or rendering Inoperative the pro­visions of any rule and regulation of Grantor in of feet from time to time relating to the making of refunds or of contracts for refunds by the Grantor of such coats. iS if| That the restrictions, conditions and covenants in this paragraph 5 contained shell in all respects terminate and be of no effect, either legal or equitable, after January 1, 1952. Ce) That a breach of any of said restrictlone may be enjoined or prevented by Grantor, its suc­cessors or assigns. TO HAVE MO TO WQLP unto the said Grantees, end their successors and assigns forever. IS mss the Grantor has duly executed - 4 -