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ASSIGNMENT OF MAIN AND OTHER AGREEMENTS

HIS ASSIGNMENT dated the 16th day of December, 1996

BETWEEN:

WESTERN MORTGAGE DEVELOPMENT CORPORATION,
(facorporacion Na. 202420), a British Columbia
cempany, having an office at 200 - 1687 Wast
Broadway, Vancouver, British Columbia, V6d 122

{tha "Asalignor’”)

Of THE FIRST PART

SANDCASTLES CAPITAL CORPORATION, (Incorporation
No, 310365), a British Columbia company, and
HO. 16 GREAT PROJECTS LTD., (Inesrporation

No. 343031), ritigh Columbia company, each
having its registered and records office at
L728 - 58§ Burrard Street, Vancouver, Aritish
Columbie, V7X 18

(collectively the “Assignee” )

OF THE SECOND PART

WITNESSES THAT WHEREAS:

A. The Assigner and The Corporation of the City of Port
Coquitlam (the "City") entered into an agreement (the “Original
Main Aqgeement") made as of the 6th day vf October, 1988 with ©
respece to the development of certain landg and premises locatad
within the City of Pert Coguitlam, therein descoribed as:

Let 5 and

Lote 45, 46. 47, 48, 49 and $0 of
Block 14,

all of District Lots 168 and 169,
Group 1,

Plan 2161,

New Weatminster District

weribed ag:

Lats L through 113 inclusive.
Digtrier Lote 188 and 168,
Group 1,

Plan 79396,

Now Weatminster Diserict

.
2y

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