THIS AGREEMENT made the day of s in the year of our Lord One Thousand Nine Hundred and Seventy-five. BETWEEN: ELLWOOD PROPERTIES LTD., a body corporate duly incorporated under the laws of the Province of British Columbia and having its chief place of business at 92 West 2na Avenue, City of Vancouver, Province of British Columbia. AND THE CORPORATION OF THE CITY OF PORT COQUITLAM (HEREINAFTER CALLED THE “GRANTORS*) OF THE FIRST PART ELLWOOD PROPERTIES LTD., a body corporate duly incorporated under the laws of the Province of British Columbia and having its chief place of business at 92 West 2nd Avenue, City of Vancouver, Province of British Columbia. (HEREINAFTER CALLED THE “ GRANTEE") OF THE SECOND PART WHEREAS: (a) The Graptor, The Corporation of the City of Port Coquitlam, is the holder of the Right-of-Way registered at the New Nestminster Land Registry Office, on the 25th day of August, 1972 under number H88132, over the South easterly ten (10) feet of the lands and Premises situate in the City of Port Coquitlam, Province of British Columbia, more particularly known and described as: - Lot 47 and 48 of District Lot 288 Group 1 Plan . New Westminster District (») The Grantor, Ellwood Properties Ltd., is the registered Owner of an estate in fee simple of the lands and premises situate in the City of Port Coquitlam, Province of British Columbia, more particularly known and described as: ~ Lot 47 of District Lot 288 Group 12 Plan . New Westminster District The Grantee is the registered owner of an estate in fee simple of the lands and Premises situate in the City of Port Coquitlam, Province of British Columbia, more Particularly kiown and described asi~ Lot 48 of District Lot 288 Group 1 Plan . New Westminster District j (@) The Grantee has applied to the Grentors: for Permission to lay down and construct a storm sewer pipe-line beneath the surface of a portion of the Grantor's lands hereinbefore described. (e) The Grantors have agreed to grant to the Grantee such rights in respect of the said strom sewer pipe-line and the said lands of the Grantors are hereindfter expressed for the consideration hereinafter appearing; WITNESSETH: 1. In consideration of the sum of ONE -~----- werrse=-00/100 DOLLAR of 1. the Grantee to the Grantor is hereby acknowledged} an contained, the Grantors do the Grantee its heirs and a of the Grantee's lands license, replace, he purpose Pipe-line in and under ch may be more pecticularly described All that portion of LOT 47 of District Lot 288 Group 1 New Westminster District as shown on registered Plan included within the red outline on reference plen ° TOGETHER with the full free and uninterrupted right of ingress and egress in connection therewith for the Grantee, his servants and agents to use, enter, labour, pass and re~pass upon and in the said lands to dig up such of the 80il of the said lands as May be necassary, 2. The Grantee covenants and agrees with the Grantors that he will construct, lay down, maintain and repair the said storm sewer Pipe-line in such manner and at such times as may be in accordance with City By-laws and Regulations and reasonable and proper in the circumstances. The Grantee further covenants and agrees with the Grantors that it will at all times keep the said storm sewer pipe-line in a proper state of repair and will repair forthwith on notice given by the Grantors. And Further provided that if the Grantee fails to ma ad storm sewer pipe-line in her or not such no 3. The Grantee will, so otten as its enter upon the said lan maintain, inspect, renew or repai sewer pipe-line, forthwith restore the surface soi ing materials of the said lands to, as nearly as possible, the same condition as it was prior to the entry for the aforesaid purpose or purposes. 4. All expenses incur Sewer pipe-line and for ss the Grantors, their from any and all liens, losses, damages, es in any way arising from or caused by @ or maintained hereunder. 5S. The Grantee hereby covenants with th not make, place, erect or maintain on the structure, foundation o said storm sewer Pipe-1