THIS WIDINTURE ende thie day of 9 WINTUANT TO THE “OMELET FOr OF CEases act« BETAED HOWE OLVEUHENTS LEN, o body cucporete, duly farotporsted under the lawe uf the Province of Britiat Columbia, having an office at 1036 Ceanfe Rusd, In che Funtedpelity of Richmond, in the Province of feltinn Columbia (hereinafter called tne wLoendlord*) OF THE PING? PART THE CON PORATION OF Tin City oF port COGUTLAM, 2272 KeAl Lister Avun in the City of Poet Coquits in the Frevince of Rritlen Coluahds {harelnafter called the “Tenant*) OF THE SECOND Panty: Pera zee TARAS the parties hereto entered inte an Agreement on the ahth Guy oa July 974, Under the tern of which the Landiard and Tenant rerpectively acreed to erent and tase ond both enter into a lease tn the fonn herein contained subject to the terme ang conditiona of the asd acreenent; . AND WHEREAS the Landtord end Tenant have undertaken to leanne as provided in the sald enter into the within Sereczents AND THEREAS the Tenant dectres to lease- proviuce for, a- Public Libeacy a9 shown outlined in red on the plan attached hereto and forming © part hereof and aS identified by the portize hereto, and marked Schedule "A" in accordance sith the terns Of the eaid acreexentz BOF THIS INOTRTULE withies *aforacaid Acrecinent and in covenants, srreerenta, after reserve and cont and the Tenant to be re and perforned, the Land the F er called the "“denioes Precices") of a Mince located on that certain porcel or and orecioes situate, lying and being in the CIty Of Port Coquitlan in the Province of Ariticn Colusbie ant sore particularly known and deacribed ast SITUATE OFls Lots 34 and 35 Block 3 Disteset Lot 379 len 3223, MoW.D. (hereinafter referred to ao the "whole Prenieca") PApEKIIN: TO RAVE AND TO HOLD THE SAME unto the Tenant for and @aring the term of 3 years to be computed froa the las day of June 19-766 plus four (4) Bix (6) sonth extensions. i Souereyetion AfiD Aces MaKe 9 of. Sheets (a) tern fonntryct @ new tailing in nich the be 1 eane™ ene sipned) wade fron Or which way herenlter he neceenory ieee prior ta tne enwmencenent of the wt the Latellori*e rate cnet ant eapenee to leared previees ace to and ta complete tue conetruction of the Leneey wtantinily in scene tance sith the outline upecs fice "UVercription of Lantiocd's ant Tenant in *ore* So mt the tine tne “Letter of Intent te and attached hereto ae Danie won, and Trvint ageeee that na Minoe Ct. ther Rerctafore oy furtng the The lanilord s. of thin leane, tod, @ part nereol, the outline epcer fications, wh the leaned preaices, mhall affects or change the Provisions hereol, “ (b) Sern Ante tT be dcenet to have The ef the leas Bion t premises rnell Gn or before tho date epeciCiet for the concencenent Porerenton af the tesecd wnt reais Cor gccupmey of en hereot, but tading Foreereion prior to even connencenent shall not erfert tne exesesrinn date of thir lesen, he Tenant vy esupys accepted ant oo an hereinafter proviaed, be dettveres to tne Excep the * achever firs Tenant for « the Tenant in ore, during or after the comsensee demined, an the ern © date of the ecrsens tend the date of the Landlord by for oceugansy by that an the nd or incomplete if on Secoration, techanical adjue renain to be complated. -3}- Yielding and Peying therefore, unto the Landlord, ite euccetnare an: Amo without desend at ite office a 1036 Cradle Rost, Richnord, A.C, a rental as Followa; (a) 2oee4 vinteum Annual Rent A fixet einteus annual Fentat, Of faa 37A,65 ennenrnne or nnn parable in Jantal woney of Canada, in advance, in equal consecutive monthty installmente of $3,498 27 = —rewwvennmwenmnenennen on the fsrat day of each and every calendar gonth of tech and every year of the seit tern, end any renewal tnereot the firat of auch payaenta to commence on the firet tay of Jung 1976. (vy) Rercentare Rent trp SN tsles of nerchantian of the barineen contucted ea the Moises In such year enolL @xcced the aun of then the rent for euch infenture ce pra ne business A7a shether for cash or rehantise sold Crom felivere! from Serenanlioe SfFom another etore APAS PROVIDED arbitrators othersinn, Arbltration Ace, Britier Coluctia, Ce) Yolntocnnce of Cansan Arean the €ost of eaintatning and operatin, and all other arean in the Shapnine Cont Lantlor{ for the tan-eacluaive ta by the te Of Praminen Leaqne, “Fental equere fox to tne ten € ¢ torne the ejsare Tooteve the Cotal available a shole onerpinge Conte ant auch coat urred ty the Lantlord in Venting, s chesring, cetaenl of enon or ace Ant iA tevlic eaten ant gareiny arene and in ance ant Conte with rerpret > the Planting Laltcation arena, pain policing of the Of4ition, ratoten areas, Urertic eiene ant central The Cantlord eralt prepare ant wuleit to the Tenant @ Wonthly etatecent petting fortn in reasonable detash tne etpeners jacy Une cantlord in eayetuiain araing areas forked th ele Che proerate hare of Th Erovited herein Cor tre Prva ehetl te teened ta te rent a Vy baw with reapect thereto, (4) upon (a) Buthority on the demises the arcerement for an: faxes The Tenant shali pay to the Landlor! tn esch year, and verification of tha @pproprinta tax notice; TANt portion of et! tases levied by any fovernzental prenices as ehail be bu ti Purporr en all th Placed in upon or under or wffixned to th luring the eaid tera or to any Cixture of thereon or thereunier Ameluting ath faxcur. eicil ar things of 9 contercisl or indasers busineoo or fotng con: the Tenant; and impro Thst ghare of the tacee not being taxes attritucable ald levied againat the lands ani isprovenents re in each and every tnt total tases levied agrines weeenty Of the &: aeniced pri for rental ad “the t or cn acems perch Tenn daspe expen there, SESE OF Bane OF gor PELRTEN + + rn sonduct or cauvee to be carried on and ly a ly carry on and the business of only Aced pri and efficvent sauner go as Bud profits theres Sire to be segs prepes coawe of fie therean true and fateful Kt thour an relation of o the te NV orestesent audited bye July acerelited ol ctanting af tne prose taker of at the tern r 94852 ereen entee of Wthout bicsting an particulae and ‘ AC ene. gatcat Corecoinr, the T cercnantiong OVTUED TAT upon Cislure th the mathted ataterent ime heretabefore preeergt nae to be conducte nt for the purpone nnsive Con any. preg RS PhALL mace alt ction aad the Land me Or Cont of tach we rent and the ana. etun be due and pavaoin ae rent and Fecavetnatle an eta me. a Nore: Folf SRE Copy liste; buteal Sé para el ‘To Counci| : Cir Y Cee 4 Lf