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WHEREAS the Grantors are the registered owners of that pro-
perty in the City of Port Coquitlam, in the Province of British
Columbia, more particularly known and described as:

Parcel Identifier: 011-153-989

Easterly 297 feet,

Lot B Except part on Plan 25576,

Section 6, Township 40

New Westminster District,

Plan 5345;

AND WHEREAS the said lands or part thereof, could reasonably
be expected to be subject to flooding;

AND WHEREAS Section 215 of the Land Title Act provides that
there may be annexed to any land a condition or covenant in favour of
the Crown that the land or any specified portion thereof is not to be
built on, or is to be or is not to be used in a particular manner;

AND WHEREAS the intent of this Agreement is to reduce the
flood potential of areas within buildings used for habitation, busi-

ess and storage of goods susceptible to damage by floodwaters;

NOW THEREFORE in consideration of the premises and covenants,

the Grantors covenant and agree as follows:

1. Hereafter, no area used for habitation, business, or storage
of goods damageable by floodwaters shall be located within any
building at an elevation such that the underside of the floor system
thereof is less than five point one five (5.15) metres Geodetic Survey
of Canada Datum. In the case of a mobile home, the ground level or
top of concrete or asphalt pad on which it is located shall be no

lover than the above-described elevation;