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2. Immediately after the fall of the hammer the Purchaser shall sign the Memo- randum of Agreement, for completing the purchase according to these Conditions and shall pay
into the District Office, South, one half of the annual Rent mentioned in the Memorandum of Agreement, within 3 days after the Sale. The remaining half of the yearly rent shall be paid into the District Office, South, on the 25th day of September, 1939, and thereafter the full yearly rent shall be paid in advance into the District Office, South, on the 25th day of August in each and every year during the term of 15 years hereinbefore mentioned.
3. The Lot shall be let subject to a right of way shown on a plan in the District Office, South.
4. The successful bidder will be allowed to convert a portion of the area no, exceeding 04 acre to building land on terms to be approved by the District Officert South.
5. No other building shall be allowed on the Lot without the written permission of the District Officer, South.
6. The Purchaser shall pay to the District Officer, South, on behalf of His Majesty the KING a fee of $30 upon the execution of the Crown Lease thereof, and such Crown Lease shall be subject to, and contain all exceptions, reservations, covenants, clauses and conditions inserted in the Crown Leases of Lots in the New Territory of Hong Kong.
7. The Purchaser shall during the term of the lease undertake at his own expense the maintenance and repair of all barriers necessary for the prevention of flooding of, or encroachment on, adjoining lots.
8. No sewage or refuse water will be allowed to flow from the Lot on to any of the adjoining lands whether belonging to the Crown or to private persons; neither shall any decaying, noisome, noxious, excrementitious, or other refuse matter be deposited on any portion of the Lot.
9. The Purchaser shall have no claim upon Government for compensation in respect of any improvements which he may make on the Lot.
10. Should the Purchaser neglect, or fail to comply with these conditions, His Majesty shall be at full liberty to re-enter and resume the property as if no sale had ever taken place, in which case also any Crown Rent paid by the Purchaser shall be there- upon 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, capitalized at eight per cent, upon such re-sale, and all costs and expenses as ascertained to be recoverable as aforesaid.
11. Possesion of the Lot shall be given to the Purchaser and deemed to have been taken by him on the 25th day of August, 1939.
12. For the purposes of these Conditions the term "lessee" shall where not inapplicable be deemed to include the purchaser his executors, administrators and assigns.
10th August, 1939.
H. J. CRUTTWELL, District Officer, Southern District.