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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 of said water main shall he subject to the approval and acceptance by a duly authorized representative of the Company, 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, 4, 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 II, THE COMPANY AGREES: 1, Upon the execution of this agreement and receipt of said Bill ofSale, 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 by it from consumers located within Blocks 5 and 6 of said Ridgeview Tract No. 5, 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 actual cost of installing said water mains, not to exceed, however, the sum of $5,851,20, whichever occurs first; ARTICLE III. IT IS MUTUALLY AGREED: 1, All water mains so installed shall be and remain the property of the company. -3- A - 9 8