880105

3.01

4.01

3.01

5.02

5.03

3.04

5.05

5.06

OFFER TO PURCHASE (cont'd)

The Lands shall, on or before the Completion Date, be free of all
encumbrances, claims, charges and liens save and exce t for the reservations
and exceptions in the or} inal grant from the Crown the encumbrances
if any) set forth in Schedule "B" attached hereto and forming part hereof.

This Offer to Purchase is subject to the Subject clauses set forth in Schedule
"C* attached hereto,

phe Deposit paid by the Purchaser to the Vendor shall form part of the
: e.

ds.

The Purchase Price Shall not include any buildings, i provements, fixtures,
appurtenances and attachments located on or forming part of the Lands, .

The Vendor shall Tegister against title at its sole expense a Tight-of-way or
restrictive covenant Satisfactory to both Vendor and Bur i
the right of pedestrian passage from Mary Hill Road to Kingsway Avenue,

The Vendor confirms that the Sanitary sewer line in the southwest corner of
the property (Plan 00186) may be relocated by the Purchaser at the
ing ther

The Purchaser wil] hot be responsible for the provision of street lighting .
within municipal road allowances Provided that the On-site lighting system
will produce the equivalent “eating levels onto the Mary Hill oad
allowance. The appropriate lighting level on the road allowances for this
area is LUX 12, |

As part of the off-site Servicing Tequirements, the Purchaser will be
responsible for the removal of the utility poles on the Side of the Mary Hill

Road frontage immediately adjacent to the lands,

The Vendor confirms that the parking requirement for the Proposed

urthouse Development of the Purchaser wil be calculated on the basis
that the building is being used for business administrative and professional
Office use; that IS, One parking space is to be provided for every 45 gross.

Square metres of floor area.

Page 2

ACQUISITION (Lands only)