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constructed or placed on the Lot, caused by flooding,
erosion or some such similar cause..
5. Subject to the provisions of Section 215 of the Land
Title Act, the Grantor's covenants contained in this Agreement
shall burden and run with the Lot and shall enure to the benefit
and be binding upon the Grantor, its successors and assigns and
the First and Second Grantees and their assigns.

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6. Nothing in this Agreement shall prejudice or affect the
rights, powers and remedies of the First and Second Grantees in
relation to the Grantor, its successors and assigns, or the Lot
A under any law, bylaw, order or regulation or in equity all of
ne which rights, powers and remedies may be fully and effectively
: exercised by the First and Second Grantees as if this Agreement
had not been made by the parties.

7. The Grantor will do or cause to be done at its expense
all acts reasonably necessary for the First: and Second Grantees
to gain priority for this Agreement over all liens, charges and
encumbrances which are or may be registered against the Lot save
and except those in favour of the First and Second Grantees and
those specifically approved in writing by the First and Second
Grantees.

8. The parties agree that this Agreement shall not be
modified or discharged except in accordance with the provision of
Section 215(5) of the IL

9. The Grantor shall do or cause to be done all things and
execute or cause to be executed all documents and give such

G:13898.BR
8791/1459

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