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APR' 4 1984 BOOK 56 - FAcE 576= of the Water Plant, by the same consulting engineer referred to in Para- graph 4 above, and whatever items of repair or replacement that exist at that time.sball be priced and shall be excluded from the maintenance and operation cost of Which Purchaser is to bear half. (. In the event that any governmental authority sball acquire the Water Plant for use as a part of its public water system, then the net proceeds of such disposition shall be divided equally between Adja- cent Owner and Purchaser until Purchaser shall have received an amount equal to the amount actually expended by Purchaser for labor, materials and equipment for 'the Water Plant expansion, whereupon all remaining proceeds shall belong to Adjacent Owner_ Notwithstanding the foregoing, 'it is understood and agreed that all materials and equipment used by _ Purchaser for the Water .Plant' expansion shall, upon tbeii• installation, become -part of the Water Plant and the title to said materials and equip- ment sball pass to the Adjacent Owner. 7. In 'the event that Seller shall reacquire, tbrough pur- chase, foreclosure, or otherwise, all or any portion of the Property, then Seller, as successor in interest to Purchaser, shall bave the right to enter upon, connect to and use all facilities of the Water Plant, including, without limitation, all pipes and conduits wberever situated on the Adjacent Property; and the right to expand the Water Plant as may be necessary to provide a water supply for that portion of the Property reacquired by Seller; provided that such reacquisition shall not release Adjacent Owner from its obligation to supply water., as provided for in this Agreement, to any portion of the Property which may be still owned by Purcbaser, but only if Purchaser sball have paid for the expansion of the Water Plant and shall otherwise be in compliance with the terms of this Agreement. 8. In order.'to effectuate the intent of the foregoing, Adja- cent Owner hereby grants to Purcbaser a permanent easement over and across that strip of land on the Adjacent Property extending from the Water Plant to the Property, which strip shall follow the most practica- ble route or routes for the purposes of laying, installing and maintain- ing such pipes and conduits which may be necessary in order to draw and carry water from the Water Plant to the Property_ Adjacent Owner further grants Purchaser the right of ingress to and egress from and the right to go upon the Adjacent Property at all reasonable times for the purpose of repairing and maintaining such pipes and conduits in useable condition. An actual legal description shall be attached to this agreement by amend- ment at such time as an "as -built survey" of the pipe and conduits is available. 9_ Purchaser shall not connect its pipes and conduits or otherwise enter upon the Adjacent Property except under the direct super- vision of Adjacent Owner's officers, employees or agents. This restric- tion shall apply until such time as Purchaser is able to furnish the 3/26J84 -3 �� K 0618 Fd6E 2 4 8 •l t *000 MC. W '.1: A. '.. au34� >NY �.h�•Y�.. 2-1- .?'° ' � � 4 -. � 3`.9� fa',.� �§ �• '':. 'p.r?•�u�-","�•p*� �ro� �` ga" ,may �'s x+i�.xr• Id r ,f+ `-.v '$[...-. __ _ _ ..pini• � ...3 .ti. �