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1412 THE HONGKONG GOVERNMENT GAZETTE, AUGUST 10, 1906.
His Heirs, Successors or Assigns, by the Governor or by any Officer authorized by him in writing, to re-enter on the land, foreshore, and sea bed included in and demised by such Lease or on any portion thereof in the name of the whole, and thereupon the same shall be forfeited to and vest in the Crown; the Lease shall also contain in particular a reservation to the Crown of all mines and minerals under the demised land. 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 of the Lot neglect, or fail to comply with these Conditions, his Premium, or any portion thereof which may be paid, shall be thereupon forfeited to His Majesty, who shall be at full 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 made 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 recoverable 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 shall reclaim the whole area of the Lot and an additional strip of land 50 feet in width along the North Eastern boundary of the Lot for the purpose of forming a public road to such levels as may be approved by the Director of Public Works and shall protect the reclaimed area to the satisfaction of the Director of Public Works.
2. The Purchaser will, subject to the written approval of the Director of Public Works, be permitted to remove earth from Crown Land in the vicinity for the purpose of reclamation of the Lot.
3. The actual area of the Lot to be determined before the issue of the Crown Lease and Premium and Crown Rent adjusted in proportion to the areas and according to the amounts stated in the Conditions of Sale.
Director of Public Works.
MEMORANDUM OF AGREEMENT BY THE PURCHASER.
Memorandum that
of
the person whose name is hereunder written has been declared the highest bidder for the Lot described in the foregoing Particulars of Sale and does hereby agree to becoine the Lessee thereof, under and subject to the foregoing Conditions of Sale, and on his part to perform and abide by the said Conditions.
No. of Sale.
Registry Number.
Annual Reutal.
Amount of Pre- inium at which Purebased.
Signature of Purchaser.
Kowloon Inland Lor
No. 1178.
214
Witness To Signature of Purchaser.
Witness to Signature of Director of Public Works.
Director of Public Works.