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"III. NOW THIS DEED OF SETTLEMENT WITNESSES AS FOLLOWS:

That in pursuance of the aforesaid intention of the Settlor to provide for the Beneficiary, the Settlor hereby transfers and conveys UNTO the Beneficiary. BY WAY OF SETELEMENT, the eastern portion of Premises bearing Municipal No.293/37, 7th Main Road (36th Cross), Jayanagar 4th Block, Bangalore, measuring East to West :16 ft. and North to said to: 50 ft. more fully described in the schedule hereto with the land, building, all fittings, fixtures, compound wall, more fully described in the schedule written hereunder with all rights, easements and privileges appurtunant thereto to have and to hold the same, to the Beneficiary as absolute owner."

Covenants IV (c) to (f) are as follows:

"IV.      THE SETTLOR HEREBY COVENANTS
WITH THE BENEFICIARY AS FOLLOWS:

(a) .. ... ...
(b) .. ... ...

(c) In the event of the Beneficiary desiring to sell the schedule property, after she attains majority, she shall first offer the same to her brother Shri.G.S.Rudresh and only if he declines or neglects to purchase the same at the market price, she shall be entitled to sell the same to any one else.

(d) The parents of the Beneficiary shall have no power to alienate the schedule property, during the minority of the Beneficiary.

(e) Both the Settlor and the Beneficiary shall be entitled to have their sewer/water lines in the western strip of vacant land in the schedule property and the Beneficiary shall not interfere with or obstruct such underground lines.

(f) Both the Beneficiary and the person owning the western portion (Main House) of Premises No.294/37, shall be entitled to draw water from the well situated on the western boundary line of the portion hereby settled."