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the Covenantor shall, at the expense of the Covenantor,
do or cause to be done all acts reasonably necessary ta
grant priority to this Agreement over al charges and
encumbrances which may have been registered against the
title to the said lands in the Lower Mainland Land Title
Office save and except those specifically approved in
writing by the City or in favour of the City.

The Covenantor COVENANTS AND AGREES that, within the area
charged by this Restrictive Covenant, where steep grades
are adjacent to the property line and a hazard exists,
a fence shall be constructed in such a manner as to
protect the safety of a pedestrian.

IT IS MUTUALLY UNDERSTOOD, AGREED AND DECLARED by and

between the parties hereto that:

(a)

the City has not made any representations to the
Covenantor or any other person except as contained in
this Covenant, and without limitation it is not
represented that the said lands or that a portion thereaof

or any building, structure or improvement constructed or
located on the said lands will not be damaged hy
settlement or erosion whether or not the provisions of
this Agreement are complied with: and

nothing contained or implied herein shail prejudice or
affect the rights and pawers of the City in the exercise
of its functions under any public or private statutes,
by-laws, orders and regulations, all of which may be
fully and effectively exercised in relation to the said
lands as if this Agreement had not been executed and
delivered by the Covenantor:

the Covenants set forth herein shall charge the said
lands pursuant to Section 215 of the Land Title Act and
shall be covenants the burden of which shall run with the
said lands. It is further expressly agreed that the
benefit of all covenants made by the Covenantor herein
shall accrue solely to the City and that this Agreement
may only be modified by agreement of the City with the
Covenantor or the registered owner of the said lands, or
discharged by the City, pursuant to the provisions of
Subsection 215(5) of the Land Title Act: