Lot 1, District Lot 232, Group l, Plan 68514, New

Westminster District

Lot 3, District Lot 232, Group 1, Plan 68514, New
Westminster District

(collectively "the Lands").

The Covenantor will not at any time construct or place,
or permit the construction or placement on the Lands of
any building, structure, improvement or fixture except
in complete compliance with the plans prepared by Elbe,
Lock, Walls & Associates Inc. attached as Schedule "A"
to this Covenant and the landscape plans prepared by
Matsushita, Mitchell, Elliot, Landscape Architects
attached as Schedule "B" to this Covenant.

Nothing set out or implied in this Covenant shall
prejudice or affect the City’s rights and powers in the
exercise of its statutory functions, and all bylaws,
regulations and orders may be exercised in relation to
the Lands as if this Covenant had not been granted.

This Covenant runs with the Lands.

The Covenantor shall release, indemnify and save the
City harmless from and against all actions, causes of
actions, loss, damage, costs, claims and demands
whatsoever by any person, arising out of or in any way
due to the granting or existence of this Covenant.

The Covenantor will do all things in its power to
obtain priority for this Covenant over any charge or
encumbrance registered against title to the Lands,
other than statutory rights of way.

This Covenant is binding on the Covenantor and its
heirs, executors, administrators, successors and
assigns; every reference in this Covenant to each party
includes the officers, employees, agents and
contractors of each party; whereever the singular ofr
masculine is used in this Covenant, the same is deemed
to include plural or the feminie or the body corporate
as the context so requires; waiver by the City of any
default shall not be deemed to be a waiver of any
subsequent default; and this Covenant is binding
notwithstanding any rule of law or equity to the

contrary.