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L.S.O.7.
8. The exact boundaries of the Lot shall be determined before the issue of the Crown Lease.
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9. XXX When the General and Special Conditions herein contained have been complied shall with to the satisfaction of the Director of Public Works, the Grantees of the Lot be entitled to a Lease from the Crown of the Piece of Ground comprised in such Lot for 75 years, to commence on the date on which possession shall be given at such Annual Rental payable half-yearly on the 24th day of June and the 25th day of December in each and 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 similar Lots in the Colony of Hong Kong, or which may be required for the purpose of providing for or carrying out any of the General and Special Conditions herein contained affecting the said Lot or the title thereto. The Lease shall also for one contain a proviso that the Lessee is to have the option of renewing the Lease further term of 75 years at a Crown Rent to be fixed by the Surveyor of His Majesty the King.
10.XXX Should the Granteesneglect, or fail to comply with these Conditions or any of them, His Majesty, shall be at full liberty to sell the Property either by Public Auction or Private Contract at such time and place and in such manner as to His Majesty shall seem fit, or at the option and pleasure of His Majesty, to re-enter and resume the property as if no grant had ever taken place.
11. XXX Possession of the Lot granted shall be given to the Granteesand deemed to have been taken by on the date of a letter from the Director of Public Works stating that the Lot at the disposal of the Grantees.
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12.XX The expression "Grantees used herein shall in every case include the Grantee or Grantees and where the context so admits or requires their executors, administrators or assigns, and in the case of a corporation its successors or assigns.
13. Xxx The foregoing General Conditions shall be read and construed as varied or modified by the Special Conditions hereinafter contained.
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SPECIAL CONDITIONS OF GRANT HEREINBEFORE REFERRED TO.
(a) The grantees shall not without the consent of the Governor first had
and obtained erect or maintain on the area coloured red on plan any building other than for religious and/or educational purposes and shall not use the area coloured blue for any purpose other than a playground in connection with the school erected on the area coloured red.
(1) The building on or to be erected upon the lot shall be used, kept
and maintained for the purposes for which the same is used or is to be erected as provided by condition (a) and shall not, without the previous licence of the Governor be used for any other purposes whatsoever.
(2) In case it is at any time shown to the satisfaction of the Governor
that the building upon the said lot has ceased to be used for the purposes for which the same was erected as provided by condition (a) it shall be lawful for the Crown to re-enter upon the lot in like manner as for any other breach of the terms of the Crown Lease.
(3) The grantees shall not sell, assign, mortgage, charge, demise,
underlet, part with the possession or otherwise dispose of or encumber the lot or any part thereof or any building the reon without the consent of the Governor first had and obtained.
(4) The Crown Lease shall contain such covenants as shall be necessary
to give effect to these conditions.
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