Pee-Simple the Lands, fsaed and discharged from all encumbrances,
Save and except:

10.1 the Section 215 Covenant;

10.2 any encumbrancas granted by the Purchaser;
and also save and except local improvement assesrments or taxes,
séwar and water rates from and after the date hereof , and subject
to limitations, excaptions, provisos, conditions and resarvationgs
in tha original grant therao£ from the Crown,

ll. The said Transfer of Estate in Fee-Simple shall be
prepared and registered by the solicitors for the Vendor at the
expense of the Purchaser.

12. The Vendor shall and will suffer and permit the
Purchaser to occupy and enjoy the Lands until default be made in
the payment of the said sums of money above mentioned or interest
thereon, ox any part thereof ¢ Or the Purchaser otharwise defaults
in the observance and performance of the various covenants. and
conditions. contained on the part of the Purchaser to. be performed
or observed, on. the days and. times and in the Manner. above
mentioned, subject, nevertheless, to impeachment for voluntary or
permissive waste. The. Purchaser agrees that the Vendor shall he
entitled to access to the Lands at all reasonabla times for the
purposes of inspecting the Lands end improvements.

13. Tt is expressly agreed by the parties herato that time
is to be considered of the essence of this Agreement, and unless
the payments above mentioned are punctually made at the timas and
in the manner above Mentioned, and as often as any default shali
happen in making such payment, or in the event the Purchaser does
not fully comply with the covenants and conditions herein
contained on the part of the Purchaser to be performed or
observed, including but without limiting the generality of the
forageing, those covenants and conditions contained on the part
of the Purchaser in Paragraphs 3 and 6 hereof, the Vendor may at
any time prior ta execution of the said Transfer of Estate in
Pee-Simpla at the Vendor's option, and in addition to the
Vendor's other rights and ‘remedies hereunder, give to the
Purchaser 10 days notice in writing, demanding payment thereof or
demanding that ‘the Purchaser fully comply with all the covenants
and conditions on its part contained in this Agreement “or Sala,
and in case any such default or non-observance or non-performance
shall continue these presents shall at the expiration ef such
netice and at the option of the Vendor be null and void and of no

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