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<br />. ." l54 <br />. - <br /> ASSIGN.DOC 890707 Audit No. 1502~9 <br /> Form Approved, A VP-Law Folder No. 13 52- I 5 <br /> ASSIGNMENT RIDER .-. <br /> ELL.\I WATER COMPÂ.l'IYINCORPOR;\TED, a Texas corporation, to be addressed at P. O. Box 1229, <br /> San Marcos, Texas 78667 (hereinafter "Assignor"), and LINION PACIFIC R..\lLROAD COi"IPAi""y, a Utah <br />- corporation. (hereinafter "Railroad"), or their predecessors in interest, have heretofore entered into an agreement dated <br /> December 27, 1989, bearing Railroad's Audit Number 150249 (hereinafter "Basic Agreement") covering a 12" water <br /> pipeline crossing located at Mile POSt 214.98, San Marcos, Texas. <br /> Effective ~.s" of APRIL 28, 1997, the Assignor does hereby sell, assign, transfer and set over, unto <br /> THE CITY OF Sill'/" ì.\-L\RCOS, TEXAS, a municipality to be addressed at 630 East Hopkins, San Marcos, Texas <br /> 78666 (hereinafter "Assignee") all of Assignor's right, title and interest in and to the Basic Agreement including any <br /> supplement or amendment thereto (ifany). <br /> The Assignee hereby accepts the above assignment and agrees to be bound by and to períòrm and observe fully <br /> and faithfully all of the covenants, stipulations and conditions contained in the Basic Agreement and any supplement <br /> or amendment thereto (if any) to be performed and observed by the Assignor and assumes all liabilities and obligations <br /> mentioned in the Basic Agreement and any supplement or amendment thereto (if any) to be assumed by the Assignor. <br /> The Railroad, in consideration of the covenants and agreements of the Assignor and the Assignee herein <br /> contained, gives its consent to the aforesaid assignment; PROVIDED, however, that such consent shall not be deemed <br /> or construed to authorize any further assignment of the Basic Agreement, whether voluntary, by operation of law, or <br /> otherwise, without the prior consent in writing of the Railroad; and PROVIDED, FURTHER, that, as between the <br /> Assignor and the Railroad, neither said assignment nor anything herein contained shall be construed as releasing the <br />~- Assignor, in the event of default by the Assignee, from the obligation to perform all of the covenants contained in the <br />I Basic Agreement or any supplement or amendment thereto (if any) to be performed by the Assignor, or from any of the <br />¡ liabilities assumed by the Assignor under said agreement (s). <br /> The Assignee, when returning this agreement signed by the Assignor and ~e, shall pay to RailrO~ <br /> administrative handling charge ofFTVE HUNDRED DOLLARS ($500.00). F ~ <br /> ~ <br /> 135215.a5t Articles of Agreement March 27, 1997 <br /> Page I of2 <br />