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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 2 4 2 E 26 policies of title insurance aforesaid. ARTICLE II, THE COMPANY AGREES: /» S p p 1. Upon the execution of this agreement and receipt of said Bill or Sale, and such necessary easements for said water lines§,1 1^ and receipt of necessary title guarantees or policies of title in­surance, to pay to the Subdivider at quarterly intervals thirty-five percent (35%) of the revenue received by it from consumers located within Moss Tract No. 2, Block 1, and Lots 1 to 10 inclu­sive of Block 2, Tract 2, taking service from water lines 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 sum of $5,346.00, whichever first occurs, ARTICLE III. IT IS MUTUALLY AGREED: 1. All water mains so installed shall be and remain the property of the Company. 2. This agreement shall inure to the benefit of and be bind ing upon the successors and assigns of the respective parties hereto IN WITNESS WHEREOF, ^he parties? hereto*a have executed this rj\i|: AND WATER COMPANY •- 1 vti ?'.A Y 1 •?? ? ,\.‘U / v r T H j a X 'l ' •TS-. ' . ?: ? s agreement as of the day and /year first above written. Attest: Attest: ?yi Vice President M.P.L. CORPORATION M r ' A / J z