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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 gigl sum of THREE THOUSAND ONE HUNDRED THIRTY-FIVE DOLLARS ($3,135.00) specified in Paragraph 1 of Article I hereof, and the furnishing of such necessary easements, and the furnishing of the policies of title insurance aforesaid, to order the necessary pipe, fittings and other material and upon the arrival of pipe and material afore­said at Las Vegas, to proceed with the installation of said water main along the lines so staked upon the ground by the Subdivider, and to complete the said installation with reasonable diligence* Said water main shall consist of 6” cast iron pipe. Construction of said water main shall not be commenced until the provisions of this subdivision 1 have been complied with. 2. To pay to the Subdivider at quarterly intervals, thirty-five percent (35$) of the revenue received by it from consumers located on Lots 7 through 42 inclusive in Block 1 of Boulder Dam Homesite Addition and taking direct service from water main con­structed hereunder for a period of ten (10) years from date of 3 ~ / 0 ~ S*/ completion^of said installation or until Subdivider has been re­paid the actual cost advanced by him, whichever first occurs. ARTICLE III. It is mutually agreed: 1. That the water main so installed shall be and remain the property of the Company. 2. Should the actual cost of the installation of said water main exceed the estimated cost of $3,135.00, then and in that event, the Subdivider will pay the excess to the Company, upon demand; if said actual cost be less than $3,135.00, then the - 3-