THE HONGKONG GOVERNMENT GAZETTE, FEB. 9, 1906. 137
rental by equal half-yearly payments on the 25th day of December and the 24th day of June in each and every year during the term of 75 years hereinbefore
mentioned.
9. When the conditions herein contained have been complied with to the satisfaction of the Director of Public Works, the Purchaser of the Lot shall be entitled to and shall execute, on demand a Lease from the Crown of the Piece of Ground comprised in such Lot for 75 years, to be computed from the 22nd day of January, 1906, at such Annual Rental, payable half-yearly on the 24th day of June and the 25th day of December, in every year, as is specified in the Particulars of such Lot hereinbefore contained; and such Crown Lease shall be subject to, and contain, all Exceptions, Reservations, Covenants, Clauses and Conditions inserted in the Crown Leases of Inland Lots in the Colony of Hong- kong. The Lease shall also contain a proviso that the Lessee is to have the option of renewing the Lease for one further term of 75 years at a Crown Rent to be fixed by the Surveyor of His Majesty the KING.
10. Should the Purchaser neglect, or fail to comply with these Condi- tions, his Premium, or any portion thereof which may be paid, shall be thereupon forfeited to His Majesty, who shall be at fall liberty either to enforce the sale, or to re-sell the Property at such time and place, and in such manner as to His Majesty shall seem fit, and in case of a re-sale, the increase, if any, of the Premium or Purchase Money shall be retained by His Majesty, and the deficiency, if any, and all Costs and Expenses shall be male good by the defaulter and be recoverable as liquidated damages, or at the option and pleasure of His Majesty, to re-enter and resume the property as if no sale had ever taken place, in which case also the Premium paid by the Purchaser shall be thereupon wholly forfeited to His Majesty. But such re-entry shall not exonerate the present Purchaser upon a subsequent re-sale of the property, to make good the deficiency, if any, upon such re-sale, and all costs and expenses as ascertained to be re- coverable as aforesaid.
11. Possession of the Lot sold shall be given to the Purchaser, and deemed to have been taken by him, on the day of sale.
12. In the event of the Purchaser assigning the benefit of the underwritten agreement, the assignee shall be bound by the foregoing and following Conditions of Sale, and all powers and remedies shall be enforceable against him to the same extent as if such assignee were the original Purchaser.
SPECIAL CONDITIONS.
1. The Purchaser to raise the whole area of the Lot to the levels approved by the Director of Public Works.
2. The Puchaser of the Lot will subject to the written approval of the Direc- tor of Public Works, be allowed to remove earth from Crown Land in the vicinity at such points as may be pointed out by that officer for the purpose of filling in the Lot.
3. The plants in the Government nursery may not be disturbed before the last day of March, 1906, without reference to the Botanical and Afforestation Department.
4. In the event of the Lot being purchased by the owner of Kowloon Island Lot 1,171 Nos. 4 and 5 of the ordinary Conditions of Sale will be waived and one Crown Lease issued for both Lots.
5. The exact boundaries of the Lot to be determined before the issue of the Crown Lease and Premium and Crown Rent then adjusted in accordance with the area and the amounts of Premium and Crown Rent at which the Lot was sold.
Director of Public Works.