TERMS OF INSTRUMENT ~ PART 2 THIS COVENANT made the day of BETWEEN: (the "Covenantor") THE CORPORATION OF THE CITY OF PORT COQUITLAM 2580 Shaughnessy Street Port Coquitlam, British Columbia V3C 2A8 (the "City") WHEREAS: A. The Covenantor is the registered owner in fee simple ci a land located in the City of Port Coquitlam and described as: {the "Land") B. The City is a municipality incorporated pursuant to tre provisions of the Municipal Act. Cc. Section 215 of the Land Title Act provides that covenant of a negative or positive nature in respect of the use ci land and buildings, and that land is not to be built on except i: accordance with the covenant, ma), be registered as a charge agains-= the title to land in favour of a municipality. NOW THEREFORE in consideration of the sum of One Doller ($1.00) paid by the City to the Covenantor and other good az {ITEM | P LO