4. In the event that the Corporation, pursuant to the
Municipal'Act, shovid establish a special benefitting area to
provide off-street parking for an area within the City which
includes the business premises arid upon which a special rate

or tax is levied against the business premises for such purposes,

this restrictive covenant granted by the Applicant to the
Corporation shall cease to exist and forthwith become null and
void and a release of the said Restrictive Covenant over the
parking premises shall be granted hy the Corporation, and at the
expense of the Corporation, to the Applicant within sixty days
(60) of the Applicant's written request that the Restrictive

Covenant be released.

5. The Applicant covenants and agrees that the said
parking premises, lying and being in the City of Port Coquitlam,
in the Province of BritishColumbia, and more particularly known
and described as Lot 84, District Lot 379, Group 1, Plan

New Westminster District, shall be used to park motor vehicles

used by persons patronizing the business premises and for no

other purpose subject to the terms and conditions as set out

heretofore in this Agreement.

6. This Restrictive Covenant is granted by the Applicant

to the Corporation pursuant to Section 24 (a) of the Land Registry
Act of the Province of British Columbia and shall run with the

Applicant's land hereinbefore described and bind the parking

premises.