A. The Covenantor is the registered owner of or } 2s an
equity of redemption in ALL AND SINGULAR that certain par 31 or
tract of land and premises Situate, lying and being in tha City
Of Port Coquitlam, in the Province of British Columbia, and more
particularly known and described ass

Lot 43

District Lot 344

Group 1

New Westminster District
Plan

(hereinafter called the “said lands");

B. Section 215 of the Land Title act provides that there
may be registered as a charge against title to the land, a cove-
Mant as therein authorized, whether of a negative or positive
nature, in favour of a Municipality; and

C. The said lands are, or could reasonably be expected
fo be, subject to settlement or erosion as outlined in the
Geotechnical Report prepared by Golder Associates Ltd., dated
November 28, 1989, (E/89/W2059).

NOW THEREFORE, IN CONSIDERATION of the sum of One
Dollar ($1.09) paid to the Covenantor by the City (the receipt
and sufficiency whereof is hereby acknowledged), the parties
hereto do hereby covenant and ayree each with the other as fol-
lows:

1. The Covenantor covenants and agrees with the City

hereafter, no fill shall be placed nor shall any
building or structure be constructed, on those por~