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Page 3 of 4 pages

THIS COVENANT made the /b day of Ch te pak” 1.991

BETWEEN:

YOGESH SOOD and ANTLA SOOD
582 Prairie Avenue

R.R. 1, Port Coquitlam, B.c.
V3C 3V4

(jointly the "OQwners")

THE CORPORATION OF THE CITY OF PORT COQUITLAM
2580 Shaughnessy Street

Port Coquitlam, B.C.

V3C 2A8. .

(the "City")

WHEREAS the Owners desire to construct a new dwelling unit on the
Lands herein defined;

AND WHEREAS during the period of construction of the new dwelling
unit the Owners desire to continue to use the existing dwelling
unit on the Lands;

NOW THEREFORE in consideration of the sum of one dollar, receipt
of which from the City is acknowledged by the Owners, the Owners
covenant and agree that:

1. That parcel of land located in the City of Port Coquitiam and
legally described as:

Parcel Identifier: 004-707-338

Parcel "One" (Explanatory Plan 12505) Lot "p"
Section 6 Block 6 North Range 1 East

New Westminster District Plan 5312 —

(the "Lands")

shall be used and built upon only in accordance with the terms
of this Covenant. | :

The Owners shall at their expense demolish and remove the
existing residential building on the Lands forthwith upon
issuance by the City of an occupancy permit for the new
residential building to be constructed on the Lands pursuant
to City of Port Coquitlam building permit application no. 91- |

: | | TEM :

CREME
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