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t (15,000) square feet of said improvement to Arkla Air Conditioning Co*, a division of Arkla Industries, Inc. for a term of fifteen (15) years, and shall furnish Land Company with certified copy of said agreement in addition to giving written notice of such facts to Land Company at the time of exercising said option; Land Company, at its expense, shall furnish standard Policy of Title Insurance and will deliver deed conveying title subject tos (a) Taxes and any assessments for public improvements which are a lien upon the property at the time of the conveyance. (b) Easement for flood control purposes as granted to Los Angeles County Flood Control District, recorded in Book 39808, page 423, Official Records of Los Angeles County, California. (c) Conditions, restrictions, reservations, easements and encumbrances of record* (d) Easement for sanitary sewer purposes, being a strip of land 30-feet in width, as described. (e) The effect of two deeds from Whittier Extension Company to Whittier Extension Mutual Water Company for a pipe line occupying a Right of Way, recorded in Book 3427, page 345 and in Book 4035, page 278, Official Records of Los Angeles County, California, (f) Any and all encumbrances or defects in title made or suffered by Purchaser. Deed conveying said parcel to Purchaser, shall except all oil, minerals and mineral rights without right of entry in and to said parcel; upon exercise of the option by Purchaser 2-
