1544
THE HONGKONG GOVERNMENT GAZETTE, 13TH OCTOBER, 1905.
9. Should the Purchaser 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 sub- sequent 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.
10. Possession of the Lot sold shall be given to the Purchaser, and deemed to have been taken by him, on the day of sale.
11. 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 trim the surface of the Lot and leave it in a clean and reasonably smooth state to the satisfaction of the Director of Public Works, at the termination of the lease.
2. The Government shall have power to resume, at any time during the term of the lease, the area necessary for the construction of a public road not exceeding 50 feet in width by granting in exchange an equivalent area of land contiguous with the boundaries of the Lot. In the event of the Lot being purchased by the owners of Rural Building Lot 44, it shall be optional for the Government to construct the road across Rural Building Lot 44, in whole or in part, subject to the grant of an equivalent area as aforesaid and to no interference being caused with any permanent works belonging to the owners.
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 hereunder specified opposite to his said name and signature, and does hereby agree to become 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 Rental.
Amount of Pre- mium at which purchased.
Rural Building
Lot No. 123.
$258.
Witness to Signature of Purchaser.
Witness to Signature of Director of Public Works.
Signature of Purchaser.
Director of Public Works,