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7 m o ASSIGNMENT - / o f S i ’ ^ FOE VALUE RECEIVED, the undersigned, C. NORMAN CORNWALL, hereby Sells, Transfers, and Assigns to the FIRST NATIONAL RANK OF NEVADA all of its right, title and interest in and to refunds from revenue of the Las Vegas Talley Water District, assignee of Las Vegas Land and Water Company, to be made pursuant to Section 2, Article II, of that certain Agreement between the undersigned and the Las Vegas Zand and Water Company, dated the 7 th day of May . 1 9 $ 3 . "N" ID 2671 , and the under­signed hereby expressly authorizes and requests Idle Las Tegas Valley Water District, assignee of Las Vegas Land end Water Company to make all payments required by said Section 2, Article II, of said Agreement to FIRST NATIONAL BANK OF NEVADA* This Assignment is irrevocable, except by mutual agreement by the LEE CONSTRUCTION CO., INC. and FIRST NATIONAL BANK OF NEVADA and the revocation thereof, as herein provided, shall not be binding upon the Las Vegas Valley Water District, assignee of Las Vegas Land and Water Company until said Las Vegas Valley Water District is given written notice of such revocation. DATED at Las Vegas, Nevada, this 27th day of September * 19$$% ACCEPTED* The maximum amount payable under this assignment la $> being computed as of April 1, 19$k§ , said sum WBm