man000163 43

and the installation of said vater main shall he subject to the approval and acceptance by a duly authorized representative of the Company. 3. At subdivider*s sole cost and expense to construct approxi­mately 10 feet of 6” cast iron fire hydrant connections hereinbefore provided. 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. 5. To furnish a bill of sale for said eater mains, conveying to the Company all right, title and interest in the said vater mains free and clear of all liens and encumbrances. ARTICLE II THE COMPANY AGREES: 1* Upon the execution of this agreement, the receipt of said statement of eost, Bill of Sale, and such necessary easements for said eater mains and fire hydrant connections, to pay to the Subdivider at monthly in­tervals fifty (50<f)) percent of the monthly revenue received by it from customers on Lota 8 to 15 both inclusive of Block 2, and Lots 1, 2, 3, and 12 of Block 3 of said Tract #2 taking vater from the vater mains installs, hereunder for a period of ten (10) years from the date of completion of said vater main, or until the Subdivider has been repaid the cost of said vork //' (exclusive of the cost of said fire hydrant connections) but in no event in / ' ' V" ?' . excess of $4,190.to, -whichever first occurs. ARTICLE III IT IS MUTUALLY AGREED: 1. All vater mains so installed shall be and remain the property of the Company. 2. This agreement shall inure to the benefit of and be binding - 3 - A -8 3