CO129-540-19 Sale of area at Repulse Bay to the Hong Kong Realty & Trust Company 8-7-1932 - 8-7-1932 — Page 14

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6. The Lessee of the new Lots shall execute and take up xx Crown Lease 8 for the Lots whe called upon to do so by the Land Officer, for which purpose all estates or interests whatscever in the Lots or any part the eof created since the date of this agreement by way of kort aje, Charge or otherwise then outstanding shall there u on forthwith be previcusly reassigned or satisfied and al endorsement by the Land (fficer on these conditions that plans of the Acts or any specified part thereof are in the Land (ffice and that the Crown Lease thereof must be taken up before any further dealings with the Lots or such specified part can be re,istered, shall be deemed to be a sufficient requisition to that effect, and shall pay to him, therefor, the prescribed fee. In the event cf more than one building being erected on the said Lct the Lessee may be required to take up a separate lease for the site of each separate building and shall pay the Land (fficer the pres chibed fee for every additional lease sc required to be take a u), provided that in the event of more thau che lease ceing re teu to the samS perso the fee for every lease exceeding one shall be 30.00.

Compiving Win Cmis comuuun, anu winstanung we acceptance Ull Dellall UL vie Crown of any Crown rent or rates or other payment whatever, the Director of Public Works may in his discretion, and whether the Lessee consent or not, fix at any time and from time to time any extended period for the completion of the said buildings in sub- stitution for the said period of

.36.......

..months, and thereupon the obligation hereunder of the Lessee in question to complete the said buildings shall be taken to refer to such substituted period, and the right of re-entry reserved in these conditions shall arise upon default of completion within such subtituted period as if it had been the period originally provided.

8. The new Lots to be treated as land acquired after the passing of the Public Health and Buildings Ordinance No. 1 of 1903.

on to

9. X No sewage or refuse water will be allowed to flow from the new Lot s 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 Lots and in carrying out any works of excavation on the Lots no excavated earth shall be deposited on the Lot s or (with permission) on Crown Land adjoining, in such manner as shall expose the slopes of such excavated earth to be eroded and washed down by the rains, and all such slopes shall be properly turfed and, if necessary, secured in place by means

of masonry toe walls. The Lessee shall see that all refuse matters are properly removed daily from off the premises.

and the Crown Rent of Rural Building Lot No.200 shall cease, 10.XXX The Crown Rent of the new Lot ☎ shall commence from the date on which

ôf thể ney Lots possessionshan be given to the Lessee who shall pay into the Colonial Treasury a propor- tionate part of the annual rental specified in the Schedule hereinbefore contained on the next half-yearly day on which Crown Rent is payable and thereafter shall pay such annual rental by equal half-yearly payments on the 24th day of June and the 25th day of December in each and every year during the term of 75 years hereinbefore

mentioned.

11.IX The exact boundaries of the new Lot 8

shall be determined before the issue of the Crown Lease.s.In the event of any excess or deficiency in area being found to exist as compared with the area specified in the First Schedule hereinbefore contained the amount to be paid by or to be refunded to the Lessee in respect of such excess or deficiency will be calculated at the rate of XX.5..cents

for

13 cente ・per sq. ft. Crown Rat will be adjusted to the nearest even dollar at the rate of $...200.00.

per sq. per annum. For the purposes of this condition the Lessee shall be deemed to be the person Lot B & ft. for to whom the Crown Lease shall be issued for the Lot, or, in the event of a subdivision of the Lot before the issue of the Crown Lease, the person to whom the Crown Lease shall be issued for that portion of the Lot designated the Remaining Portion.

..per acre

18 cents

per sq.

ft. for Lot C.