AND :

HER MAJESTY THE QUEEN IN RIGHT OF THE PROVINCE OF
BRITISH COLUMBIA, as represented by her Minister
of Environment and Parks or his designate.

{hereinafter called the "CROWN")
OF THE THIRD PART

_ WHEREAS The Grantor is the registered owner of that property
in the CITY OF PORT COQUITLAM in the Province of British
Columbia, more particularly known and described as:

PARCEL IDENTIFIER

THE REMAINDER OF BLOCK "A" DISTRICT LOTS 174
AND 283 GROUP 1 NEW WESTMINSTER DISTRICT
PLAN 5917;

AND WHEREAS the said lands or part thereof, could reasonably
be expected to be subject to Flooding;

AND WHEREAS Section 215 of the Land Title Act provides that
there may be annexed to any land a condition or covenant in
favour of the Crown that the land or any specified portion
thereof is not be built on, or is to be or is not to be used ina

particular manner;

AND WHEREAS the intent of this Agreement is to reduce the
flood potential of areas within buildings used for habitation,
business and storage of goods susceptible to damage by
floodwaters;

NOW THEREFORE in consideration of the premises and covenants
herein contained, the Grantor covenants and agrees as follows:

1. . Hereafter, no area used for habitation, business, or storage
of goods damageable by floodwaters shall be located within
any building at an elevation such that the underside of the
floor system thereof is less than six point five (6.5)
metres Geodetic Survey of Canada Datum at the southwest
corner of the property on a uniformly increasing gradient to
seven point one (7.1) metres Geodetic Survey of Canada Datum
at the northeastern corner of the property. In the case of
a mobile home, the ground level or top of concrete or
asphalt pad on which it is located shall be no lower than
the above described elevation.