Chartwell Retirement Residences — Capital/Financing Update 2021

Jan 14, 2021

FIFTH AMENDMENT TO THE SENIOR SECURED REVOLVING CREDIT FACILITY CREDIT AGREEMENT

This Agreement made as of November ___, 2019 (the "Effective Date") 12

B E T W E E N:

CHARTWELL MASTER CARE LP

as Borrower

• and -

CSH TRUST, CHARTWELL BENCO INC., GP M TRUST, CHARTWELL MASTER CARE CORPORATION, CHARTWELL RETIREMENT RESIDENCES AND THE PROPERTY OWNERS as Guarantors

• and -

THE FINANCIAL INSTITUTIONS IDENTIFIED ON THE SIGNATURE PAGES HERETO as Lenders

• and -

BANK OF MONTREAL

as Administrative Agent

• and -

BMO CAPITAL MARKETS AND TD SECURITIES

as Co-Lead Arrangers and Joint Bookrunners

• and -

THE TORONTO-DOMINION BANK

as Syndication Agent

• and -

BANK OF MONTREAL as Swing Line Lender

WITNESSES THAT:

WHEREAS the Borrower, the Administrative Agent and the other parties thereto entered into an amended and restated credit agreement dated May 29, 2017, as amended by a first amending agreement dated as of November 21, 2017, as amended by a second amending agreement dated April 3, 2018, as amended by a third amending agreement dated May 10, 2019 and a fourth amending agreement dated September 27, 2019 (collectively, the "Credit Agreement");

AND WHEREAS the parties hereto wish to further amend the Credit Agreement in order to remove 628 Tranquille Road, Kamloops, British Columbia (the "Kamloops Property") as a Property from the Secured Asset Pool;

NOW THEREFORE THIS AGREEMENT WITNESSES that in consideration of the covenants and agreements herein contained and for other good and valuable consideration (the receipt and sufficiency of which is hereby acknowledged), the parties hereto agree as follows:

ARTICLE ONE - INTERPRETATION

1.1 Definitions

All terms used in this Agreement that are not defined herein or not amended hereby shall have the meanings attributed to them in the Credit Agreement.

1.2 References

Except where otherwise noted, "this Agreement", "herein", "hereof", "hereto", "hereunder" or similar expressions refer to this Agreement.

ARTICLE TWO - AMENDMENTS TO CREDIT AGREEMENT

2.1 Credit Facilities

(1) Schedule 2 of the Credit Agreement is deleted in its entirety and replaced with Schedule 2 to this Agreement.

(2) Schedule 3 of the Credit Agreement is deleted in its entirety and replaced with Schedule 3 to this Agreement.

2.2 Release of the Kamloops Nominee

(1) Each of the Administrative Agent and the Lenders hereby consents to the removal of the Kamloops Property and unconditionally releases and forever discharges, without novation, Kamloops Renaissance Retirement Residence Ltd. (the "Kamloops Nominee") from all liability and obligations, past, present and future, under the Credit Agreement, including, without limitation, all liability and obligations under the Loan Documents, provided, however, that such release and discharge shall not apply to any indemnification obligations of the Kamloops Nominee as set out in the Loan Documents which, by their terms, survive the release of the Obligors or the discharge of the Security.

(2) The Kamloops Nominee has executed this Amending Agreement solely for the purpose of acknowledging the release set out in the foregoing Section 2.2(1) of this Amending Agreement.

ARTICLE THREE - CONFIRMATIONS

3.1 Conditions Precedent to Effectiveness of Amending Agreement

The effectiveness of the Agreement is subject to and conditional upon the prior satisfaction of the following conditions precedent:

(1) this Agreement shall have been executed and delivered by all parties thereto;

(2) payment in full of the costs associated with the preparation of this Amending Agreement; and

(3) delivery to the Administrative Agent of a Compliance Certificate (demonstrating pro forma compliance with the financial covenants set out in the Credit Agreement) including (i) a calculation of the updated Aggregate Lending Value evidencing that the Credit Limit calculated after the Kamloops Property has been removed from the Secured Asset Pool does not exceed the Advances Outstanding and (ii) evidence and confirmation that, upon the removal of the Kamloops Property from the Secured Asset Pool, no more than 15% of the Credit Limit is derived from any one individual Property, and no more than 20% of the Credit Limit is derived from long term care facilities.

3.2 Confirmations

Each Obligor confirms to the Administrative Agent and the Lenders as follows:

• (a) all of the representations and warranties of each Obligor contained in the Credit Agreement and the other Loan Documents are true and correct in all material respects on and as of the date hereof as though made on and as of the date hereof except representations and warranties which relate to an earlier date, which shall be true and correct in all material respects as of such date;
• (b) all of the covenants of each Obligor contained in the Credit Agreement and the other Credit Documents together with all of the conditions precedent to a Drawdown and all other terms and conditions contained in the Credit Agreement to be complied with by the Obligors have been complied with in all material respects; and
• (c) no Default or Event of Default has occurred and is continuing.

3.3 Confirmation of Guarantors

Each of the Guarantors hereby consents to the entering into by the Borrower of this Agreement and confirms that its obligations under the Credit Agreement and the other Loan Documents (including each Guarantee) shall continue in full force and effect for the benefit of the Administrative Agent and the Lenders.

ARTICLE FOUR - MISCELLANEOUS

4.1 Supplemental

This Agreement is supplemental to and amends the Credit Agreement and the Credit Agreement shall henceforth be read in conjunction with, and as amended by, this Agreement, and this Agreement and the Credit Agreement shall henceforth be read, interpreted, construed and have effect so far as it is practicable, and all required re-numbering adjustments to Article references shall be deemed to have been made, as if all of the provisions of this Agreement and the Credit Agreement were contained in one instrument.

4.2 Ratification

Except as amended hereby, the Credit Agreement and all other Credit Documents and all of the terms, conditions and obligations thereof and thereunder are ratified and confirmed.

4.3 Time of the Essence

Time shall be of the essence of this Agreement.

4.4 Successors and Assigns

This Agreement shall enure to the benefit of and be binding upon the parties hereto and their respective permitted successors and assigns in accordance with the terms of the Credit Agreement, as applicable.

4.5 Severability

If any provision of this Amending Agreement is determined by any court of competent jurisdiction to be illegal or unenforceable, that provision will be severed from this Agreement and the remaining provisions will continue in full force and effect so long as the economic or legal substance of the transactions contemplated hereby is not affected in any manner materially adverse to any of the parties.

4.6 Further Assurances

Each of the Obligors hereby covenants and agrees that it shall at all times and from time to time hereafter and upon every request by the Lender so to do, make, do, execute, deliver or cause to be made, done, executed and delivered, all such further acts, deeds, assurances, opinions and things as may be required for more effectually implementing and carrying out the provisions of this Agreement.

4.7 Headings

The headings of the Articles and Sections of this Agreement are inserted for convenience of reference only and shall not affect the construction or interpretation of this Agreement.

4.8 Governing Law

The parties agree that this Agreement shall be conclusively deemed to be a contract made under, and for all purposes be governed by and construed in accordance with the laws of the Province of Ontario and the federal laws of Canada applicable therein and shall be effective as of the date first written above.

4.9 Counterparts

This Agreement may be executed in any number of counterparts and delivered by electronic means, each of which, when so executed, shall be deemed to be an original and all of which taken together shall be deemed to be an original and all of which taken together shall be deemed to constitute one and the same instrument, and it shall not be necessary in making proof of this Agreement to produce or account for more than one such counterpart executed by each party.

[Signature Page Follows]

IN WITNESS WHEREOF, the parties have caused this Agreement to be executed by their respective authorized officers as of the date first above written.

BORROWER:

CHARTWELL MASTER CARE CORPORATION, in its capacity as sole trustee of GP ^M TRUST, in its capacity as sole general partner of CHARTWELL MASTER CARE LP, as Borrower

Per,

Nam' VLAV VULODAHKI

Authoized Signuing Officer

Per:

ame: JONATHAN BOULAKI Title: Authorized Signing Officer

GUARANTORS:

CHARTWELL MASTER CARE CORPORATION, in its capacity as sole trustee of GP M TRUST, as Guarantor

Per:

Name: VLAD VOLODARSKI

T:/thsininofflcer

Per:

me: Title, JONATHAN BOULAK ^A Authorized Signing Officer

CSH TRUST

Name: VLAD VOLODARSKI

Per:

Per:

fISeJONATHAN BOULAKIA itle: Authorized Signing Officer

CHARTWELL BENCO INC.

Per:

Name: VJAD VOLODARSKI Title: ,,Ltt'Io(ized Signing Officer

Per:

e: JONATHAN BOULAKIA itle: Authorized Signing Officer

CHARTWELL MASTER CARE CORPORATION

Per:

Name: VLAD VOLOOARSKI Authorized Signing Officer me: Authorized Signing Officer

Per:

Title: CHARTWELL RETIREMENT RESIDENCES

Per:

Name: VLAD VOLODARSKI Title: øized Signing Officer

Per:

Nme: JONATHAN BOULAKIA Title: Authorized Signing Officer

CSH CHATEAU GARDENS ELMIRA INC.

Per:

Per:

Title:

CSH CHATEAU GARDENS NIAGARA INC.

Name:VLDVOLODARSKI

Per:

Per:

Title:

VAN HORNE MANOR INC.

Per: Per: Nam: Title: VOLODARSKI Signing Officer Title:

CSH COUNTRY COTTAGE INC.

Per:

Na e: VLADVOLODARSKI

Title: Authorized Signing Officer

Per:

Name: Title:

CSH CHATEAU GARDENS LANCASTER INC.

Name: VLAD VOLODARSKI Title. Authorized Signing Officer

Per:

Pet:

Name: Title:

KAMLOOPS RENAISSANCE RETIREMENT RESIDENCE LTD.

Na : VLAD VOLODARSKI Title: Authorized Signing Officer

Pet:

Per:

Name: Title:

Name: Title:

1072153 B.C. LTD. Per: Na e: VLAD VOLODAR\$KI Title: Authorized Signing Officer

Per:

[Signature page to Fifth Amending Agreement

CSH EAU CLAiRE INC.

Per:

Name: ^V DVOLODARSKI Title: Authorized Signing Officer

Per:

Name: Title:

CSH COLONEL BELCHER INC.

Per: VLAD VDLODARSKI Authorized Signing Officer

Per:

Name: Title:

CSH CARRINGTON PLACE INC.

Per:

Name: VLAD VOLODARSKI Title: Authorized Signing Officer

Per:

Name:

Title:

CITY CENTRE RESIDENCE INC.

Per:

Name: VLAD VOLODARSKI Title: Authorized Signing Officer

Per:

Name: Title:

9145-4066 QUEBEC INC., in its capacity as generaL partner of LE DUPLESSIS LIMITED

PARTNERSH2,,,

Name: VLADV ODARSKI Title: Authoized Signing Officer

Per:

Name: Title:

VAN HORNE MANOR GP LTD., in its capacity as general partner of VAN HORNE LIMITED PARTNERSHIP

Per:

Name: VLAD VOLOD RSKI Title. Authorized Signing Officer

Per:

Name: Title:

1187655 ONTARIO

Per:

Name: Title: VLAD VOLODARSI<f Authorized Signing Officer

Per:

Name: Title:

1231436 ONTAR

Name: VLAD VOLODARSKI Title: Authorized Signing Officer

Per:

Name: Title:

1179298 ONTARIO LIMITED

Per:

Name: VLAD VOLODARSKI Title: Authorized Signing Officer

Per:

Name: Title:

ONTARIO INCORPORATED 796525

Per:

Nam LAD VOLODARSKI Title: Authorized Signing Officer

Per:

Name: Title:

CSH HERITAGE GLEN INC.

Per:

Name: VLAD VDLODARSKI Title: Authorized Signing Officer

Per:

Name: Title:

CSH (HOLLANDVIEW) INC.

Per:

Namth' VLAD VOLODARSKI Title: Authorized Signing Officer

Per:

Name: Title:

CSH NES lNC

Name: VLAD VOLODARSKI Title: Authorized Signing Officer

Per:

Per:

Name: Title:

CSH REGENCY INC.

Per:

Name: VLAD VOLODARSK1

Title: Authorized Signing Officer

Per:

Name: Title:

CSH ROYAL

Name: VLAD VOLODARSKI Title: Authorized Signing Officer

Per:

Name: Title:

2032296 ONTARIO INC.

Per:

Name: VLAD VOLODARSKI Title: Authoized Signing Officer

Per:

Name: Title:

CSH LYNNW000 INC.

Per:

Name: VLAD VOLODARSKI Title: Authorized Signing Officer

Name: Title:

CSH (LANGLEY GARDENS) LIMITED PARTNERSHIP, by its general partner CSH tLANGLEY GARDENS) INC.

Name: VLAD VOLODARSKI Title: Authorized Signing Officer

Per:

Per:

Per:

Name: Title:

CSH (LANGLEY GARDENS) INC.

Per:

Name: VLAD VOLODARSKI Title: Authorized Signing Officer

Pet:

Name: Title:

CSH CHATSWORTH SUITES INC.

Per:

NameC/,D VOLODARSKI Title: Authorized Signing Officer

Per:

Name: TitLe:

CSH (CARE) HOLDINGS LTD.

Per:

Name: VLAD VOLODARSK1 Title: Authorized Signing Officer

Per:

Name: Title:

CSH (CARLION GARDENS) LIMITED PARTNERSHIP, by its general partner 0723187 B.C. LTD.

Per:

Name: VLAD VOLODAR\$KI Title: AUthorized Signing Officei

Per:

Name: Title:

0751122 B.C. Name: VLAD VOLQDARSK, Title: Authorized Signing Officer

Per;

Name: Title:

0729187 B.C. LTD.

	V LA D
T it l e.	O V LO D A R SK I
	A ho riz ed ut Si in O ffi gn g
	ce r

Per:

Per:

Name: Title:

1145427 ONTARIO LIMITED

Per:

Name: VLAD VOLODARSKI

Title: Authorized Signing Officer

Per:

Name: Title:

CSH PINEWOOD INC.

Per:

Name: VLAD VOLODARSKI

Title: Authorized Signing Officer

Per:

Name: Title:

CSH SOUTHWIND RETIREMENT RESIDENCE INC.

Nam : VLAD VOLODARSKI Title: Authorized Signing Officer

Per:

Per:

Name: Title:

WATERLOO RETIREMENT HOME INC.

Per:

Nam : LA'I VOLODAR\$I<I

Title: Authorized Signing Officer

Per:

Name: Title:

KITCHEN ER RETIREMENT HOME INC.

Per:

Name. LAD VOLODAFSKI

Title: Authorized Signing Officer

Per:

Name: Title:

CHARTWELL QUEBEC (MEL) HOLDINGS INC.

Name: VLAD VOLODAR\$Kf Title: Authonzed Signing 01ffcei

Per:

Per:

Name: Title:

CSH (CARE) HOLDINGS LTD.

Per:

Name: VLAD VOLODARSKI Title: Authocized Signing Officer

Per:

Name: Title:

CSH (CRESCENT GARDENS) LIMITED PARTNERSHIP, BY ITS GENERAL PARTNER 0729187 B.C. LTD.

Per:

Name: VLAD VOWDAASKI Title: Authorized Signing Officer

Per:

Name: Title:

THE BANK OF NOVA SCOTIA

Per:

Per:

Name:

Title: Andrevj Slack

;:;

Name:

Title: Gabriella Tulipano Associate

Director

SCHEDULE 2

Properties

Properties to be included in the Secured Asset Pool.

	NAME OF RESIDENCE	ADDRESS OF PROPERTY	REGISTERED OWNER	BENEFICIAL OWNER	MORTGAGE PRIORITY
ALBERTA PROPERTIES (3)
1.	Country Cottage Retirement Residence	75 Cranford Way, Sherwood Park	CSH Country Cottage Inc.	Chartwell Master Care LP	Second priority mortgage
2.	Eau Claire Care Residence	301 7th Street SW, Calgary	CSH Eau Claire Inc.	Chartwell Master Care LP	Second priority mortgage
3.	Colonel Belcher Retirement Residence	1945 Veteran's Way NW, Calgary	CSH Colonel Belcher Inc. (Leasehold Interest)	Chartwell Master Care LP	Second priority mortgage
	BRITISH COLUMBIA PROPERTIES (6)
4.	Carrington Place Retirement Residence	4651 and 4751 23rd Street, Vernon	CSH Carrington Place Inc.	Chartwell Master Care LP	Second priority mortgage
5.	Lynnwood Retirement Residence	9168 Corbould Street, Chilliwack	CSH Lynnwood Inc.	Chartwell Master Care LP	Second priority mortgage
6.	Chatsworth Retirement Residence	1827 Parkview Crescent, Kelowna	CSH Chatsworth Suites Inc.	Chartwell Master Care LP	Second priority mortgage
7.	Carlton Gardens Care Residence	4108 Norfolk Street, Burnaby	CSH (Care) Holdings Ltd.	CSH (Carlton Gardens) Limited Partnership	Second priority mortgage
8.	Langley Gardens Retirement	8888-202 Street, Langley	CSH (Langley Gardens) Inc. (148 Units)	CSH (Langley Gardens) Limited Partnership	Second priority mortgage
	Residence		0751122 B.C. Ltd. (3 Units)	CSH (Langley Gardens) Limited Partnership
			0729187 B.C. Ltd. (23 Units)	CSH (Langley Gardens) Limited Partnership

	NAME OF RESIDENCE	ADDRESS OF PROPERTY	REGISTERED OWNER	BENEFICIAL OWNER	MORTGAGE PRIORITY
9.	Crescent Gardens	1222 King George Boulevard,	CSH (Care) Holdings Ltd. (130 Units)	CSH (Crescent Gardens) Limited Partnership	Second priority mortgage
		Surrey, British Columbia	0729187 B.C. Ltd. (35 Units)	CSH (Crescent Gardens) Limited Partnership
	ONTARIO PROPERTIES (21)
10.	Elmira Retirement Residence	8 Snyder Avenue North, Elmira	CSH Chateau Gardens Elmira Inc.	Chartwell Master Care LP	Second priority mortgage
11.	Niagara Long Term Care Residence	120 Wellington Street, Box 985, Niagara on-the-Lake	CSH Chateau Gardens Niagara Inc.	Chartwell Master Care LP	First priority mortgage
12.	Van Horne Retirement Residence	25 Van Horne Avenue, Smiths Falls	Van Horne Manor Inc.	Van Horne Limited Partnership	Second priority mortgage
13.	Lancaster Long Term Care Residence	105 Military Road North, Hwy 34, Lancaster	CSH Chateau Gardens Lancaster Inc.	Chartwell Master Care LP	First priority mortgage
14.	Bayview Retirement Residence	435 Dundas Street West, Belleville	1187655 Ontario Limited	Chartwell Master Care LP	Second priority mortgage
15.	Barton Retirement Residence	17290 Leslie Street, Newmarket	1231436 Ontario Limited	Chartwell Master Care LP	Second priority mortgage
16.	Parkway Retirement Residence	1645 Pickering Parkway, Pickering	1179298 Ontario Limited	Chartwell Master Care LP	Second priority mortgage
17.	Aurora Long Term Care Residence	32 Mill Street, Aurora	CSH Aurora Resthaven Inc.	Chartwell Master Care LP	Second priority mortgage
18.	Pickering City Centre Retirement Residence	1801 Valley Farm Road, Pickering	City Centre Residence Inc.	Chartwell Master Care LP	Second priority mortgage
19.	Royal Oak Long Term Care Residence	1750 Division Road North, Kingsville	CSH Royal Oak LTC Inc.	Chartwell Master Care LP	Second priority mortgage

	NAME OF RESIDENCE	ADDRESS OF PROPERTY	REGISTERED OWNER	BENEFICIAL OWNER	MORTGAGE PRIORITY
20.	Hartford Retirement Residence	3 Fifth Street West, Morrisburg	796525 Ontario Incorporated	Chartwell Master Care LP	Second priority mortgage
21.	New Edinburgh Square Retirement Residence	420 MacKay Street, Ottawa	CSH NES Inc.	Chartwell Master Care LP	Second priority mortgage
22.	Oak Park Terrace Retirement Residence	1750 E.C. Row, North Service Road, Windsor	2032296 Ontario Inc.	Chartwell Master Care LP	Second priority mortgage
23.	Regency Retirement Residence	29 Mississauga Road North, Mississauga	CSH Regency Inc.	Chartwell Master Care LP	Second priority mortgage
24.	Heritage Glen Retirement Residence	6515 Glen Erin Drive, Mississauga	CSH Heritage Glen Inc.	Chartwell Master Care LP	Second priority mortgage
25.	Hollandview Trail Retirement Residence	200 John West Way, Aurora	CSH (Hollandview) Inc.	Chartwell Master Care LP	Second priority mortgage
26.	Southwind Retirement Residence	1645 Paris Street, Sudbury	CSH Southwind Retirement Residence Inc.	Chartwell Master Care LP	Second priority mortgage
27.	Pinewood Retirement Residence	1022 Pembroke Street East, Pembroke	CSH Pinewood Inc.	Chartwell Master Care LP	Second priority mortgage
28.	Bankside Terrace Retirement Residence	71 Bankside Drive, Kitchener	Kitchener Retirement Home Inc.	Chartwell Master Care LP	Second priority mortgage
29.	Georgian Retirement Residence	255 Governor's Road, Dundas	1145427 Ontario Limited	Chartwell Master Care LP	Second priority mortgage
30.	Terrace on the Square Retirement Residence	100 Caroline Street South, Waterloo	Waterloo Retirement Home Inc.	Chartwell Master Care LP	Second priority mortgage

	NAME OF RESIDENCE	ADDRESS OF PROPERTY	REGISTERED OWNER	BENEFICIAL OWNER	MORTGAGE PRIORITY
	QUEBEC PROPERTIES (4)
31.	Le Duplessis Retirement Residence	20 Duplessis Road, Trois Rivieres	9145-4066 Quebec Inc., as general partner for Le Duplessis Limited Partnership	Chartwell Master Care LP	Second priority mortgage
32.	Oasis Saint Jean residence pour retraites	1050 Stefoni Road, Saint Jean-sur Richelieu	CSH L'Oasis St. Jean Inc.	Chartwell Master Care LP	Second priority mortgage
33.	Le Monastere d'Aylmer	161 rue Principale, Gatineau	Chartwell Quebec (Mel) Holdings Inc.	Chartwell Master Care LP	Second priority mortgage
34.	Domaine Cascade residence pour retraites	695 7th Street de la Pointe, Shawinigan	CSH Domaine Cascade Inc.	Chartwell Master Care LP	Second priority mortgage

SCHEDULE 3

FIRST MORTGAGE ENCUMBRANCES AND OTHER LISTED ENCUMBRANCES IN RESPECT OF PROPERTIES TO BE INCLUDED IN THE SECURED ASSET POOL AND IN RESPECT OF ADDITIONAL PROPERTIES

ALBERTA:

Title No. 031 433 027: 1945 Veteran's Way NW, Calgary, AB

• 1. Registration No. 011 070 415 registered March 15, 2001 is an Easement over Plan 0110748 Lot 4 for the benefit of Plan 0110748 Lot 3 as to Area 'D' on Plan 0110750.
• 1. Registration No. 011 070 416 registered March 15, 2001 is an Easement over Plan 0110748 Lot 3 for the benefit of Plan 0110748 Lot 4 as to Area 'E' Plan 0110750.
• 1. Registration No. 011 070 417 registered March 15, 2001 is a Restrictive Covenant.
• 1. Registration No. 011 080 017 registered March 26, 2001 is an Easement over and for the benefit of Lots 3 and 4 on Plan 0110748 Right of Way 'B' on Plan 0110751.
• 1. Registration No. 011 080 018 registered March 26, 2001 is a Utility Right of Way in favour of Telus Communications Inc. Right of Way 'G' on Plan 0110750.
• 1. Registration No, 011 080 021 registered March 26, 2001 is a Utility Right of Way in favour of the City of Calgary Right of Way 'A' on Plan 0110751.
• 1. Registration No. 011 321 639 registered October 30, 2001 is a Lease in favour of Apex Lifestyle Communities Inc.
• 1. Registration No. 011 321 776 registered October 30, 2001 is an Easement over and for the benefit of Lot 4 on Plan 0110748 and Leasehold Interest in Lot 3 on Plan 0110748 (Access R/W "B" on Plan 0110751).
• 1. Registration No. 021 170 538 registered May 17, 2002 is an Easement in favour of Alberta Health Services.
• 1. Registration No. 111 163 718 registered June 29, 2011 is a Mortgage in favour of Sun Life Assurance Company of Canada in the principal sum of \$23,900,000.
• 1. Registration No. 111 163 719 registered June 29, 2011 is an Assignment of Rents and Leases in favour of Sun Life Assurance Company of Canada.

Title No. 051 383 627 +1: 301 7th Street SW, Calgary, AB

• 1. Registration No. 121 029 740 registered February 2, 2012 is a Mortgage in the principal sum of \$20,646,007 in favour of Desjardins Financial Security Life Assurance Company.
• 1. Registration No. 121 029 741 registered February 2, 2012 is an Assignment of Rents and Leases in favour of Desjardins Financial Security Life Assurance Company.

• Registration No. 161 067 611 registered March 16, 2016 is a Mortgage in the principal sum of \$500,000,000 in favour of Desjardins Financial Security Life Assurance Company.

Title No. 051 383 627: 815 3rd Avenue SW, Calgary, AB

• 1. Registration No. 121 029 740 registered February 2, 2012 is a Mortgage in the principal sum of \$20,646,007 in favour of Desjardins Financial Security Life Assurance Company.
• 1. Registration No. 121 029 741 registered February 2, 2012 is an Assignment of Rents and Leases in favour of Desjardins Financial Security Life Assurance Company.
• 1. Registration No. 161 067 611 registered March 16, 2016 is a Mortgage in the principal sum of \$500,000,000 in favour of Desjardins Financial Security Life Assurance Company.

Title No. 032 476 256: 75 Cranford Way, Sherwood Park, AB

• 1. Registration No. 6962RJ registered October 30, 1969 is a Utility Right of Way in favour of ATCO Gas and Pipelines Ltd.
• 1. Registration No. 932 393 515 registered December 16, 1993 is a Utility Right of Way in favour of The County of Strathcona No. 20.
• 1. Registration No. 992 093 460 registered April 15, 1999 is a Caveat re: Assignment of Rents and Leases in favour of Peoples Trust Company.
• 1. Registration No. 992 093 461 registered April 15, 1999 is a Mortgage in favour of Peoples Trust Company.
• 1. Registration No. 002 090 051 registered April 7, 2000 is a Caveat re: Mortgage Amending Agreement in favour of Peoples Trust Company.
• 1. Registration No. 042 269 663 registered June 29, 2004 is a Caveat re: Mortgage Assumption and Amending Agreement in favour of Peoples Trust Company.

BRITISH COLUMBIA:

PID 027-737-420: 4651 23rd Street, Vernon, BC

• 1. Registration No. KE31395 registered May 15, 1991 is a Restrictive Covenant.
• 1. Registration No. KT75634 registered July 12, 2002 is a Covenant in favour of Homeowner Protection Office.
• 1. Registration No. KV63151 registered June 5, 2003 is a Covenant in favour of The Corporation of the City of Vernon.
• 1. Registration No. KW91005 registered July 8, 2004 is a Statutory Right-of-Way in favour of Shaw Cablesystems Limited.
• 1. Registration No. LB153050 registered January 3, 2008 is an Easement.
• 1. Registration No. LB153051 registered January 3, 2008 is an Easement.
• 1. Registration No. LB316499 registered June 12, 2009 is an Easement.
• 1. Registration No. LB348179 registered October 28, 2009 is a Statutory Right-of-Way in favour of British Columbia Hydro and Power Authority.
• 1. Registration No. LB348180 registered October 28, 2009 is a Statutory Right-of-Way in favour of Telus Communications Inc.
• 1. Registration No. LB348181 registered October 28, 2009 is a Priority Agreement granting LB348179 priority over KX68803 (transferred to LA10412) and KX66804 (transferred to LA10413).
• 1. Registration No. LB348182 registered October 28, 2009 is a Priority Agreement granting LB348180 priority over KX68803 (transferred to LA10412) and KX66804 (transferred to LA10413).
• 1. Registration No. LB405246 registered August 26, 2010 is a Mortgage in favour of CIBC Mortgages Inc.
• 1. Registration No. LB405247 registered August 26, 2010 is an Assignment of Rents in favour of CIBC Mortgages Inc.
• 1. Registration No. CA2537189 registered May 11, 2012 is a Mortgage in favour of CIBC Mortgages Inc.
• 1. Registration No. CA2537190 registered May 11, 2012 is an Assignment of Rents in favour of CIBC Mortgages Inc.

PID 017-691-133: 4751 23rd Street, Vernon, BC

• 1. Registration No. KE31395 registered May 15, 1991 is a Restrictive Covenant.
• 1. Registration No. KT75634 registered July 12, 2002 is a Covenant in favour of Homeowner Protection Office.
• 1. Registration No. KV63151 registered June 5, 2003 is a Covenant in favour of The Corporation of the City of Vernon.
• 1. Registration No. KW91005 registered July 8, 2004 is a Statutory Right-of-Way in favour of Shaw Cablesystems Limited.
• 1. Registration No. LB316500 registered June 12, 2009 is an Easement.
• 1. Registration No. LB348179 registered October 28, 2009 is a Statutory Right-of-Way in favour of British Columbia Hydro and Power Authority.
• 1. Registration No. LB348180 registered October 28, 2009 is a Statutory Right-of-Way in favour of Telus Communications Inc.
• 1. Registration No. LB378488 registered April 9, 2009 is an Easement.
• 1. Registration No. LB405246 registered August 26, 2010 is a Mortgage in favour of CIBC Mortgages Inc.
• 1. Registration No. LB405247 registered August 26, 2010 is an Assignment of Rents in favour of CIBC Mortgages Inc.
• 1. Registration No. CA2537189 registered May 11, 2012 is a Mortgage in favour of CIBC Mortgages Inc.
• 1. Registration No. CA2537190 registered May 11, 2012 is an Assignment of Rents in favour of CIBC Mortgages Inc.

PID 023-724-269: 9168 Corbould Street, Chilliwack, BC

• 1. Registration No. CA3408421 registered October 17, 2013 is a Mortgage in favour of MCAP Financial Corporation.
• 1. Registration No. CA3408422 registered October 17, 2013 is an Assignment of Rents in favour of MCAP Financial Corporation.
• 1. Registration No. CA5029503 registered March 7, 2016 is a Mortgage in favour of MCAP Financial Corporation.
• 1. Registration No. CA5029504 registered March 7, 2016 is an Assignment of Rents in favour of MCAP Financial Corporation.

PID 026-032-121: 1827 Parkview Crescent, Kelowna, BC

• 1. Registration No. 67722E registered January 3, 1957 is a Right of Way in favour of Inland Natural Gas Co. Ltd.
• 1. Registration No. X220637 registered November 2, 1987 is a Statutory Right of Way in favour of City of Kelowna.
• 1. Registration No. KW146486 registered October 18, 2004 is a Covenant in favour of Homeowner Protection Office.
• 1. Registration No. KW166081 registered November 24, 2004 is a Statutory Right of Way in favour of Terasen Gas Inc.
• 1. Registration No. LA55557 registered May 1, 2006 is a Statutory Right of Way in favour of Fortisbc Inc.
• 1. Registration No. LB312981 registered June 2, 2009 is a Mortgage in favour of First National Financial GP Corporation; as modified by Modification registered June 7, 2011 as Registration No. LB468764.
• 1. Registration No. LB312982 registered June 2, 2009 is an Assignment of Rents in favour of First National Financial GP Corporation.
• 1. Registration No. CA5028350 registered March 7, 2016 is a Mortgage in favour of First National Financial GP Corporation.
• 1. Registration No. CA5028351 registered March 7, 2016 is an Assignment of Rents in favour of First National Financial GP Corporation.
• 1. Registration No. CA5712333 registered December 14, 2016 is a Mortgage in favour of Computershare Trust Company of Canada.
• 1. Registration No. CA5712334 registered December 14, 2016 is an Assignment of Rents General in favour of Computershare Trust Company of Canada.
• 1. Registration No. CA5713675 registered December 14, 2016 is a Priority Agreement granting priority to the Mortgage registered as CA5712333 in favour of Computershare Trust Company of Canada over the Mortgage and Assignment of Rents in favour of First National Financial GP Corporation registered as CA5028350 and CA5028351.
• 1. Registration No. CA5713676 registered December 14, 2016 is a Priority Agreement granting priority to the Assignment of Rents registered as CA5712334 in favour of Computershare Trust Company of Canada over the Mortgage and Assignment of Rents in favour of First National Financial GP Corporation registered as CA5028350 and CA5028351.

PID 029-774-306: 4108 Norfolk Street, Burnaby, BC

• 1. Registration No. BY88267 registered February 3, 1978 is a Statutory Right of Way in favour of District of Burnaby.
• 1. Registration No. BB2002926 registered December 15, 2011 is a Statutory Right of Way in favour of British Columbia Hydro and Power Authority.
• 1. Registration No. CA3332543 registered September 5, 2013 is a Mortgage in favour of The Toronto-Dominion Bank, as extended by a Mortgage Extension registered February 18, 2016 by Registration No. CA4994315 and modified by a Modification registered January 26, 2017 as Registration No. CA5788452.
• 1. Registration No. CA3332544 registered September 5, 2013 is an Assignment of Rents in favour of The Toronto-Dominion Bank, extended by an Extension registered February 18, 2016 by Registration No. CA4994316 and modified by Modification registered January 26, 2017 as Registration No. CA5788453.
• 1. Registration No. BB1522833 registered February 18, 2016 is an Undersurface and other EXC & RES in favour of The Crown in Right of British Columbia.
• 1. Registration No. CA4994319 registered February 18, 2016 is a Covenant in favour of City of Burnaby.
• 1. Registration No. CA4994320 registered February 18, 2016 is a Priority Agreement granting priority to the Covenant registered as CA4994319 over the Mortgage and Assignment of Rents in favour of The Toronto-Dominion Bank registered as CA3332543, CA3332544, CA4994315 and CA4994316.
• 1. Registration No. CA4994321 registered February 18, 2016 is a Covenant in favour of City of Burnaby.
• 1. Registration No. CA4994322 registered February 18, 2016 is a Priority Agreement granting priority to the Covenant registered as CA4994321 over the Mortgage and Assignment of Rents in favour of The Toronto-Dominion Bank registered as CA3332543, CA3332544, CA4994315 and CA4994316.
• 1. Registration No. CA4994323 registered February 18, 2016 is a Covenant in favour of City of Burnaby.
• 1. Registration No. CA4994324 registered February 18, 2016 is a Priority Agreement granting priority to the Covenant registered as CA4994323 over the Mortgage and Assignment of Rents in favour of The Toronto-Dominion Bank registered as CA3332543, CA3332544, CA4994315 and CA4994316.
• 1. Registration No. CA4994325 registered February 18, 2016 is a Covenant in favour of City of Burnaby.
• 1. Registration No. CA4994326 registered February 18, 2016 is a Priority Agreement granting priority to the Covenant registered as CA4994325 over the Mortgage and Assignment of Rents in favour of The Toronto-Dominion Bank registered as CA3332543, CA3332544, CA4994315 and CA4994316.
• 1. Registration No. CA4994327 registered February 18, 2016 is a Covenant in favour of City of Burnaby.
• 1. Registration No. CA4994328 registered February 18, 2016 is a Priority Agreement granting priority to the Covenant registered as CA4994327 over the Mortgage and Assignment of Rents in favour of The Toronto-Dominion Bank registered as CA3332543, CA3332544, CA4994315 and CA4994316.
• 1. Registration No. CA4994329 registered February 18, 2016 is a Covenant in favour of the City of Burnaby.
• 1. Registration No. CA4994330 registered February 18, 2016 is a Priority Agreement granting priority to the Covenant registered as CA4994329 over the Mortgage and Assignment of Rents in favour of The Toronto-Dominion Bank registered as CA3332543, CA3332544, CA4994315 and CA4994316.
• 1. Registration No. CA4994331 registered February 18, 2016 is a Covenant in favour of the City of Burnaby.
• 1. Registration No. CA4994332 registered February 18, 2016 is a Priority Agreement granting priority to the Covenant registered as CA4994331 over the Mortgage and Assignment of Rents in favour of The Toronto-Dominion Bank registered as CA3332543, CA3332544, CA4994315 and CA4994316.
• 1. Registration No. CA4994334 registered February 18, 2016 is an Easement with respect to Part in Plan EPP56084 as shown in heavy outline hatched appurtenant to Lot 2 Plan EPP53623.
• 1. Registration No. CA4994335 registered February 18, 2016 is a Priority Agreement granting priority to the Easement registered as CA4994334 over the Mortgage and Assignment of Rents in favour of The Toronto-Dominion Bank registered as CA3332543, CA3332544,

CA4994315 and CA4994316.

• 1. Registration No. CA4994336 registered February 18, 2016 is a Covenant in favour of City of Burnaby.
• 1. Registration No. CA4994337 registered February 18, 2016 is a Priority Agreement granting priority to the Covenant registered as CA4994336 over the Mortgage and Assignment of Rents in favour of The Toronto-Dominion Bank registered as CA3332543, CA3332544, CA4994315 and CA4994316.
• 1. Registration No. CA4994338 registered February 18, 2016 is an Easement re: Part in Plan EPP56084 as shown in heavy outline hatched appurtenant to Lot 2 Plan EPP53623.
• 1. Registration No. CA4994339 registered February 18, 2016 is a Priority Agreement granting priority to the Easement registered as CA4994338 over the Mortgage and Assignment of Rents in favour of The Toronto-Dominion Bank registered as CA3332543, CA3332544, CA4994315 and CA4994316.
• 1. Registration No. CA4994340 registered February 18, 2016 is a Covenant in favour of City of Burnaby.
• 1. Registration No. CA4994341 registered February 18, 2016 is a Priority Agreement granting priority to the Covenant registered as CA4994340 over the Mortgage and Assignment of Rents in favour of The Toronto-Dominion Bank registered as CA3332543, CA3332544, CA4994315 and CA4994316.

Strata Lots 1-9 and 34-172 of Strata Plan LMS4268: 8888-202 Street, Langley, BC

• 1. Registration No. BN298 registered January 4, 1999 is a Covenant in favour of Township of Langley.
• 1. Registration No. BN299 registered January 4, 1999 is a Covenant in favour of Township of Langley.
• 1. Registration No. BN103641 registered April 27, 1999 is a Covenant in favour of The Corporation of the Township of Langley and The Crown in right of British Columbia.
• 1. Registration No. BP227652 registered September 22, 2000 is an Easement re: inter alia appurtenant to Lot 2 Plan LMP41914.
• 1. Registration No. BP227860 registered September 22, 2000 is a Covenant.
• 1. Registration No. BX457766 registered June 24, 2005 is an Equitable Charge in favour of Rieding Projects Ltd.
• 1. Registration No. BX457769 registered June 24, 2005 is a Covenant in favour of The Corporation of the Township of Langley.
• 1. Registration No. CA2472808 registered April 4, 2012 is a Mortgage in favour of Computershare Trust Company of Canada.
• 1. Registration No. CA2472809 registered April 4, 2012 is an Assignment of Rents in favour of

Computershare Trust Company of Canada.

• 1. Registration No. CA5028352 registered March 7, 2016 is a Mortgage in favour of First National Financial GP Corporation.
• 1. Registration No. CA5028353 registered March 7, 2016 is an Assignment of Rents in favour of First National Financial GP Corporation.

Strata Lots 11, 13, 15-17, 27-28, 30-31, 177-181, 183, 185, 188-191, 193-195 and 199-201 of Strata Plan LMS4268: 8888-202 Street, Langley, BC

• 1. Registration No. BN298 registered January 4, 1999 is a Covenant in favour of Township of Langley.
• 1. Registration No. BN299 registered January 4, 1999 is a Covenant in favour of Township of Langley.
• 1. Registration No. BN103641 registered April 27, 1999 is a Covenant in favour of The Corporation of the Township of Langley and The Crown in right of British Columbia.
• 1. Registration No. BP227652 registered September 22, 2000 is an Easement re: inter alia appurtenant to Lot 2 Plan LMP41914.

Strata Lots 1-17, 24-50, 67-70, 72-111, 114-115, 118-158 and 179 of Strata Plan LMS2925: 1222 King George Boulevard, Surrey, BC

• 1. Registration No. AC168751 registered July 11, 1989 is a Statutory Right of Way re: inter alia Plan 81228 as to part formerly Parcel B (R32090E) Lot 4 Plan 3025.
• 1. Registration No. AC168752 registered July 11, 1989 is a Statutory Right of Way re: inter alia Plan 81228 as to part formerly south 33 feet north east ¼ section 12 township 1.
• 1. Registration No. AC168753 registered July 11, 1989 is a Statutory Right of Way re: inter alia Plan 81228 as to part formerly Parcel A (Ref Plan 13791) north east ¼ section 12 township 1.
• 1. Registration No. AC168759 registered July 11, 1989 is a Statutory Right of Way re: inter alia Plan 82139.
• 1. Registration No. AC168768 registered July 11, 1989 is a Covenant re: inter alia Section 215 L.T.A..
• 1. Registration No. AC168772 registered July 11, 1989 is an Easement re: inter alia appurtenant to Lots 1, 2 and 3 Plan 82140.
• 1. Registration No. AC168773 registered July 11, 1989 is a Covenant re: inter alia Section 215 L.T.A..
• 1. Registration No. AC168775 registered July 11, 1989 is a Covenant re: inter alia Section 215 L.T.A..

206581/482306 MT DOCS 19783914 9. Registration No. AC168780 registered July 11, 1989 is an Easement re: inter alia appurtenant to Lots 1, 2 and 3 Plan 82140.

• 1. Registration No. AC168781 registered July 11, 1989 is a Covenant re: inter alia Section 215 L.T.A..
• 1. Registration No. AC168782 registered July 11, 1989 is a Statutory Building Scheme re: inter alia Section 216 L.T.A..
• 1. Registration No. AC168786 registered July 11, 1989 is a Covenant re: inter alia Section 215 L.T.A..
• 1. Registration No. AC168787 registered July 11, 1989 is an Equitable Charge in favour of District of Surrey, Her Majesty the Queen in Right of the Province of British Columbia
• 1. Registration No. AC168788 registered July 11, 1989 is a Covenant re: inter alia Section 215 L.T.A..
• 1. Registration No. BK90145 registered March 28, 1996 is an Easement re: inter alia appurtenant to Lot 3 Plan 82140.
• 1. Registration No. BK90146 registered March 28, 1996 is a Covenant re: inter alia L.T.A. Section 215.
• 1. Registration No. BK90149 registered March 28, 1996 is a Covenant re: inter alia L.T.A. Section 215.
• 1. Registration No. CA898939 registered August 28, 2008 is a Mortgage in favour of Desjardins Financial Security Life Assurance Company.
• 1. Registration No. CA898940 registered August 28, 2008 is an Assignment of Rents in favour of Desjardins Financial Security Life Assurance Company.
• 1. Registration No. CA5026485 registered March 4, 2016 is a Mortgage in favour of Desjardins Financial Security Life Assurance Company.
• 1. Registration No. CA5026486 registered March 4, 2016 is an Assignment of Rents in favour of Desjardins Financial Security Life Assurance Company.

Strata Lots 19, 21, 23, 52-58, 60, 62-65, 114-115, 117, 159, 160, 162, 165-170, 172, 173, 177 and 180-184 of Strata Plan LMS2925: 1222 King George Boulevard, Surrey, BC

• 1. Registration No. AC168751 registered July 11, 1989 is a Statutory Right of Way re: inter alia Plan 81228 as to part formerly Parcel B (R32090E) Lot 4 Plan 3025.
• 1. Registration No. AC168752 registered July 11, 1989 is a Statutory Right of Way re: inter alia Plan 81228 as to part formerly south 33 feet north east ¼ section 12 township 1.
• 1. Registration No. AC168753 registered July 11, 1989 is a Statutory Right of Way re: inter alia Plan 81228 as to part formerly Parcel A (Ref Plan 13791) north east ¼ section 12 township 1.
• 1. Registration No. AC168759 registered July 11, 1989 is a Statutory Right of Way re: inter alia Plan 82139.
• 1. Registration No. AC168768 registered July 11, 1989 is a Covenant re: inter alia Section 215 L.T.A..
• 1. Registration No. AC168772 registered July 11, 1989 is an Easement re: inter alia appurtenant to Lots 1, 2 and 3 Plan 82140.
• 1. Registration No. AC168773 registered July 11, 1989 is a Covenant re: inter alia Section 215 L.T.A..
• 1. Registration No. AC168775 registered July 11, 1989 is a Covenant re: inter alia Section 215 L.T.A..
• 1. Registration No. AC168780 registered July 11, 1989 is an Easement re: inter alia appurtenant to Lots 1, 2 and 3 Plan 82140.
• 1. Registration No. AC168781 registered July 11, 1989 is a Covenant re: inter alia Section 215 L.T.A..
• 1. Registration No. AC168782 registered July 11, 1989 is a Statutory Building Scheme re: inter alia Section 216 L.T.A..
• 1. Registration No. AC168786 registered July 11, 1989 is a Covenant re: inter alia Section 215 L.T.A..
• 1. Registration No. AC168787 registered July 11, 1989 is an Equitable Charge in favour of District of Surrey, Her Majesty the Queen in Right of the Province of British Columbia
• 1. Registration No. AC168788 registered July 11, 1989 is a Covenant re: inter alia Section 215 L.T.A..
• 1. Registration No. BK90145 registered March 28, 1996 is an Easement re: inter alia appurtenant to Lot 3 Plan 82140.
• 1. Registration No. BK90146 registered March 28, 1996 is a Covenant re: inter alia L.T.A. Section 215.
• 1. Registration No. BK90149 registered March 28, 1996 is a Covenant re: inter alia L.T.A. Section 215.
• 1. Registration No. CA898939 registered August 28, 2008 is a Mortgage in favour of Desjardins Financial Security Life Assurance Company.
• 1. Registration No. CA898940 registered August 28, 2008 is an Assignment of Rents in favour of Desjardins Financial Security Life Assurance Company.
• 1. And any other registrations made similar to Registration Nos. CA5026485 and CA5026486.

ONTARIO

PIN 22211-0430(LT): 8 Snyder Avenue North, Elmira, ON

• 1. Instrument No. 285772 registered October 6, 1964, is an Agreement between Gordon Gingrich, Gordon Lackner, George Edward Read and Beatrice Read.
• 1. Instrument No. 1481200 registered December 1, 2000 is a Development Agreement.
• 1. Instrument No. 1489700 registered March 14, 2001 is a Transfer Easement in favour of Doris Gingrich and Wilma Gingrich with respect to the construction of a sanitary sewer.
• 1. Instrument No. 1496868 registered May 25, 2001 is a Transfer Easement in favour of Waterloo North Hydro Inc.
• 1. Instrument No. LT107519 registered March 25, 2003 is a Charge in the principal sum of \$5,186,450 in favour of the Bank of Montreal; as assigned to Peoples Trust Company by a Transfer of Charge registered April 12, 2013 as Instrument No. WR748547; as amended by a Notice of Amending Agreement registered April 12, 2013 as Instrument No. WR748558.
• 1. Instrument No. LT107520 registered March 25, 2003 is a General Assignment of Rents in favour of the Bank of Montreal; as assigned to Peoples Trust Company by a Transfer of Charge registered April 12, 2013 as Instrument No. WR748547.
• 1. Instrument No. WR367814 registered March 11, 2008 is a Certificate of Requirement with respect to contaminants on the Property.
• 1. Instrument No. WR748057 registered April 10, 2013 is a Notice of an Amended and Restated Shared Facilities and Reciprocal Agreement.

PIN 22211-0854(LT): 8 Snyder Avenue North, Elmira, ON

• 1. Instrument No. 1481200 registered December 1, 2000, is a Development Agreement.
• 1. Instrument No. 1519084 registered November 20, 2001, is a Transfer Easement in favour of Rogers Cable Inc.
• 1. Instrument No. LT107519 registered March 25, 2003 is a Charge in the principal sum of \$5,186,450 in favour of the Bank of Montreal; as assigned to Peoples Trust Company by a Transfer of Charge registered April 12, 2013 as Instrument No. WR748547; as amended by a Notice of Amending Agreement registered April 12, 2013 as Instrument No. WR748558.
• 1. Instrument No. LT107520 registered March 25, 2003 is a General Assignment of Rents in favour of the Bank of Montreal; as assigned to Peoples Trust Company by a Transfer of Charge registered April 12, 2013 as Instrument No. WR748547.
• 1. Instrument No. WR367814 registered March 11, 2008 is a Certificate of Requirement with respect to contaminants on the Property.
• 1. Instrument No. WR748057 registered April 10, 2013 is a Notice of an Amended and Restated Shared Facilities and Reciprocal Agreement.

PIN 21370-0472(LT): 2100 Bloor Street West, Toronto, ON

• 1. Instrument No. B180821 registered June 10, 1966 is a Notice of Easement Agreement with The Municipality of Metropolitan Toronto.
• 1. Instrument No. B267459 registered July 30, 1970 is a Notice of Easement Agreement with The Municipality of Metropolitan Toronto; as released by a Release registered November 3, 1970 as Instrument No. B273236.
• 1. Instrument No. A897586 registered January 5, 1981 is a Transfer Easement in favour of The Municipality of Metropolitan Toronto.
• 1. Instrument No. C191654 registered March 5, 1985 is a Notice of a Development Agreement.
• 1. Instrument No. C191655 registered March 5, 1985 is a Notice of a Collateral Agreement.
• 1. Instrument No. C980537 registered December 1, 1995 is a Court Order.
• 1. Instrument No. E291980 registered November 16, 1999 is a Transfer Easement in favour of Rogers Cablesystems Limited.
• 1. Instrument No. AT711789 registered January 20, 2005 is a Notice of Lease in favour of Running Room Canada Inc.
• 1. Instrument No. AT1039711 registered January 19, 2006 is a Notice of Lease in favour of Coinamatic Canada Inc.
• 1. Instrument No. AT1685046 registered January 15, 2008 is a Notice of Lease in favour of Rogers Wireless Inc.; as extended by an Application registered July 16, 2013 as Instrument No. AT3351594.
• 1. Instrument No. AT2087530 registered June 5, 2009 is a Notice of Lease in favour of Bloor West Village Animal Hospital Inc.
• 1. Instrument No. AT2662734 registered April 8, 2011 is a Notice of Lease in favour of Coinamatic Canada Inc.
• 1. Instrument No. AT3241753 registered February 21, 2013 is a Notice of Security Interest in favour of Coinamatic Commercial Laundry Inc.
• 1. Instrument No. AT3380398 registered August 16, 2013 is a Notice of Encroachment Agreement.
• 1. Instrument No. AT3993389 registered August 28, 2015 is a Charge in the principal sum of \$65,000,000 in favour of the Canadian Imperial Bank of Commerce.
• 1. Instrument No. AT3993390 registered August 28, 2015 is a General Assignment of Rents in favour of the Canadian Imperial Bank of Commerce.

PIN 67135-0501(LT): 105 Military Road North, Hwy 34, Lancaster, ON

1. None.

PIN 46406-0086(LT): 120 Wellington Street, Niagara-on-the Lake, ON

• 1. Instrument No. RO493091 registered March 4, 1985 is Airport Zoning Regulation.
• 1. Instrument No. RO763794 registered January 20, 2000 is a Site Plan Control Agreement.

PIN 05316-0219(LT): 25 Van Horne Avenue, Smiths Falls, ON

• 1. Instrument No. RS194985 registered September 10, 1998 is a Notice of Site Plan Control Agreement.
• 1. Instrument No. LC6431 registered July 9, 2003 is a Notice of Site Plan Control Agreement.
• 1. Instrument No. LC92276 registered October 21, 2009 is a Charge in the principal sum of \$4,734,650 in favour of Peoples Trust Company; as amended by a Notice of a Charge Amending Agreement registered January 13, 2010 as Instrument No. LC94971.
• 1. Instrument No. LC92277 registered October 21, 2009 is a Notice of General Assignment of Rents in favour of Peoples Trust Company.

PIN 03617-0163(LT): 17290 Leslie Street, Newmarket, ON

• 1. Instrument No. IF330 registered October 18, 1949 is a By-Law No. 1315 designating an area of subdivision control.
• 1. Instrument No. IF376 registered January 22, 1953 is a By-Law No. 1386 amending By-Law No 1315.
• 1. Instrument No. A35401A registered November 20, 1959 is a By-Law No. 1641 amending By-Law No 1315.
• 1. Instrument No. A37564A registered February 15, 1960 is a By-Law No. 1794 designating an area of subdivision control.
• 1. Instrument No. LT1532124 registered September 29, 2000 is a Charge in the principal sum of \$6,800,000 in favour of The Canada Life Assurance Company; as amended by a Notice of Charge Amending Agreement registered December 21, 2005 as Instrument No. YR753435.
• 1. Instrument No. LT1532125 registered September 29, 2000 is a Notice of General Assignment of Rents in favour of The Canada Life Assurance Company.
• 1. Instrument No. LT1547750 registered November 8, 2000 is a Notice of Site Plan Agreement.
• 1. Instrument No. YR24614 registered July 20, 2001 is a Transfer Easement in favour of Rogers Cable Inc.

PIN 03617-0162(LT): 1051 Srigley Street, Newmarket, ON

• 1. Instrument No. IF330 registered October 18, 1949 is a By-Law No. 1315 designating an area of subdivision control.
• 1. Instrument No. IF376 registered January 22, 1953 is a By-Law No. 1386 amending By-Law No 1315.
• 1. Instrument No. A35401A registered November 20, 1959 is a By-Law No. 1641 amending By-Law No 1315.
• 1. Instrument No. A37564A registered February 15, 1960 is a By-Law No. 1794 designating an area of subdivision control.
• 1. Instrument No. LT1532124 registered September 29, 2000 is a Charge in the principal sum of \$6,800,000 in favour of The Canada Life Assurance Company; as amended by a Notice of Charge Amending Agreement registered December 21, 2005 as Instrument No. YR753435.
• 1. Instrument No. LT1532125 registered September 29, 2000 is a Notice of General Assignment of Rents in favour of The Canada Life Assurance Company.
• 1. Instrument No. YR24614 registered July 20, 2001 is a Transfer Easement in favour of Rogers Cable Inc.

PIN 40463-0002(LT): 435 Dundas Street West, Belleville, ON

• 1. Instrument No. QR100429 registered April 28, 1966 is a By-Law No. 8141 designating an area of subdivision control.
• 1. Instrument No. QR111616 registered September 14, 1967 is a By-Law No. 1596 designating an area of subdivision control.
• 1. Instrument No. QR549169 registered November 13, 1997 is a Notice of Site Plan Agreement; as amended by a Site Plan Agreement registered May 10, 1999 as Instrument No. QR567869.
• 1. Instrument No. QR550097 registered December 10, 1997 is Transfer Easement in favour of The Public Utilities Commission of the City of Belleville.
• 1. Instrument No. QR576503 registered December 23, 1999 is Notice of Claim in favour of The Public Utilities Commission of the City of Belleville and The Corporation of the City of Belleville with respect to various easements for electrical services, cables, wires etc.
• 1. Instrument No. HT138524 registered April 23, 2013 is a Charge in the principal of \$4,241,800 in favour of Desjardins Financial Security Life Assurance Company.
• 1. Instrument No. HT138525 registered April 23, 2013 is a Notice of General Assignment of Rents in favour of Desjardins Financial Security Life Assurance Company.
• 1. Instrument No. HT185720 registered March 4, 2016 is a Charge in the principal sum of \$500,000,000 in favour of Desjardins Financial Security Life Assurance Company; as

postponed to Bank of Montreal by a Postponement of Interest registered May 29, 2017 as Instrument No. HT208083.

PIN 31545-0083(LT): 95 Fauquier Avenue, Sault St. Marie, ON

1. None

PIN 26330-0059(LT): 1645 Pickering Parkway, Pickering, ON

• 1. Instrument No. LTD2684 registered April 16, 1975 is a Subdivision Agreement.
• 1. Instrument No. LT626325 registered December 22, 1992 is a Transfer Easement in favour of The Corporation of the Town of Pickering.
• 1. Instrument No. LT730965 registered September 1, 1995 is a Notice of Cost-Sharing and Easement Agreement.
• 1. Instrument No. LT734174 registered October 4, 1995 is a Notice of Development Agreement.
• 1. Instrument No. LT868411 registered September 8, 1998 is a Notice of Site Plan Agreement.
• 1. Instrument No. LT910082 registered July 22, 1999 is a Charge in the principal sum of \$6,790,325 in favour of Canada Life Mortgage Services Ltd.; as amended by a Notice of Agreement Amending Charge registered May 30, 2000 as Instrument No. LT959248; as assigned to First National Financial Corporation by a Transfer of Charge registered October 7, 2004 as Instrument No. DR326692; as further assigned to First National Financial GP Corporation by a Transfer of Charge registered November 21, 2007 as Instrument No. DR666683; as further amended by a Notice of Mortgage Amending Agreement registered December 4, 2007 as Instrument No. DR671214; as further assigned to The Manufacturers Life Insurance Company by a Transfer of Charge registered September 14, 2010 as Instrument No. DR934653.
• 1. Instrument No. LT910083 registered July 22, 1999 is a Notice of General Assignment of Rents in favour of Canada Life Mortgage Services Ltd.; as assigned to First National Financial Corporation by a Notice of General Assignment of Rents registered October 7, 2004 as Instrument No. DR326695; as further assigned to First National Financial GP Corporation by a Notice registered November 11, 2007 as Instrument No. DR666684; as further assigned to The Manufacturers Life Insurance Company by a Notice of General Assignment of Rents registered September 14, 210 as Instrument No. DR934654.
• 1. Instrument No. LT961141 registered June 7, 2000 is a Transfer Easement in favour of Shaw Cablesystem Company.
• 1. Instrument No. LT1003022 registered December 15, 2000 is a Notice of Encroachment Agreement.
• 1. Instrument No. DR429011 registered September 19, 2000 is a Notice of Airport Zoning Regulations.

PIN 03652-0005(LT): 32 Mills Street, Aurora, ON

1. Instrument No. B49437B registered June 5, 1968 is a By-Law No. 1694-66 amending By-

Law No. 1521 designating an area of subdivision control.

• 1. Instrument No. YR258640 registered January 22, 2003 is a Notice of Site Plan Agreement.
• 1. Instrument No. YR2048663 registered October 18, 2013 is a Charge in the principal sum of \$9,136,307 in favour of Computershare Trust Company of Canada.
• 1. Instrument No. YR2048664 registered October 18, 2013 is a Notice of General Assignment of Rents in favour of Computershare Trust Company of Canada.
• 1. Instrument No. YR2440593 registered March 7, 2013 is a Charge in the principal sum of \$500,000,000 in favour of MCAP Financial Corporation.

PIN 03652-0006(LT): 32 Mills Street, Aurora, ON

• 1. Instrument No. B49437B registered June 5, 1968 is a By-Law No. 1694-66 amending By-Law No. 1521 designating an area of subdivision control.
• 1. Instrument No. YR258640 registered January 22, 2003 is a Notice of Site Plan Agreement.
• 1. Instrument No. YR2048663 registered October 18, 2013 is a Charge in the principal sum of \$9,136,307 in favour of Computershare Trust Company of Canada.
• 1. Instrument No. YR2048664 registered October 18, 2013 is a Notice of General Assignment of Rents in favour of Computershare Trust Company of Canada.
• 1. Instrument No. YR2440593 registered March 7, 2013 is a Charge in the principal sum of \$500,000,000 in favour of MCAP Financial Corporation.

PIN 03652-0007(LT): 32 Mills Street, Aurora, ON

• 1. Instrument No. B49437B registered June 5, 1968 is a By-Law No. 1694-66 amending By-Law No. 1521 designating an area of subdivision control.
• 1. Instrument No. YR258640 registered January 22, 2003 is a Notice of Site Plan Agreement.
• 1. Instrument No. YR2048663 registered October 18, 2013 is a Charge in the principal sum of \$9,136,307 in favour of Computershare Trust Company of Canada.
• 1. Instrument No. YR2048664 registered October 18, 2013 is a Notice of General Assignment of Rents in favour of Computershare Trust Company of Canada.
• 1. Instrument No. YR2440593 registered March 7, 2013 is a Charge in the principal sum of \$500,000,000 in favour of MCAP Financial Corporation.

PIN 03652-0008(LT): 32 Mills Street, Aurora, ON

• 1. Instrument No. B49437B registered June 5, 1968 is a By-Law No. 1694-66 amending By-Law No. 1521 designating an area of subdivision control.
• 1. Instrument No. YR258640 registered January 22, 2003 is a Notice of Site Plan Agreement.
• 1. Instrument No. YR2048663 registered October 18, 2013 is a Charge in the principal sum of

\$9,136,307 in favour of Computershare Trust Company of Canada.

• 1. Instrument No. YR2048664 registered October 18, 2013 is a Notice of General Assignment of Rents in favour of Computershare Trust Company of Canada.
• 1. Instrument No. YR2440593 registered March 7, 2013 is a Charge in the principal sum of \$500,000,000 in favour of MCAP Financial Corporation.

PIN 03652-0021(LT): 32 Mills Street, Aurora, ON

• 1. Instrument No. B49437B registered June 5, 1968 is a By-Law No. 1694-66 amending By-Law No. 1521 designating an area of subdivision control.
• 1. Instrument No. YR258640 registered January 22, 2003 is a Notice of Site Plan Agreement.
• 1. Instrument No. YR2048663 registered October 18, 2013 is a Charge in the principal sum of \$9,136,307 in favour of Computershare Trust Company of Canada.
• 1. Instrument No. YR2048664 registered October 18, 2013 is a Notice of General Assignment of Rents in favour of Computershare Trust Company of Canada.
• 1. Instrument No. YR2440593 registered March 7, 2013 is a Charge in the principal sum of \$500,000,000 in favour of MCAP Financial Corporation.

PIN 03652-0022(LT): 32 Mills Street, Aurora, ON

• 1. Instrument No. B49437B registered June 5, 1968 is a By-Law No. 1694-66 amending By-Law No. 1521 designating an area of subdivision control.
• 1. Instrument No. YR258640 registered January 22, 2003 is a Notice of Site Plan Agreement.
• 1. Instrument No. YR2048663 registered October 18, 2013 is a Charge in the principal sum of \$9,136,307 in favour of Computershare Trust Company of Canada.
• 1. Instrument No. YR2048664 registered October 18, 2013 is a Notice of General Assignment of Rents in favour of Computershare Trust Company of Canada.
• 1. Instrument No. YR2440593 registered March 7, 2013 is a Charge in the principal sum of \$500,000,000 in favour of MCAP Financial Corporation.

PIN 26334-0577(LT): 1801 Valley Farm Road, Pickering, ON

• 1. Instrument No. DR181040 registered June 18, 2003 is a Notice if Subdivision Agreement; as amended by a Notice of Amending Agreement registered May 4, 2006 as Instrument No. DR4967046.
• 1. Instrument No. DR181649 registered June 20, 2003 is a Notice if Subdivision Agreement.
• 1. Instrument No. DR240139 registered December 23, 2003 is a Condominium Declaration.
• 1. Instrument No. DR429028 registered September 19, 2005 is a Notice of Airport Zoning Regulations.
• 1. Instrument No. DR497327 registered October 10, 2007 is a Notice if Site Plan Agreement; as amended by a Notice of Amending Site Plan Agreement registered October 10, 2007 as Instrument No. DR653196.
• 1. Instrument No. DR991807 registered May 18, 2011 is a Charge in the principal of \$15,929,825 in favour of Sun Life Assurance Company of Canada.
• 1. Instrument No. DR991808 registered May 18, 2011 is a Notice of General Assignment of Rents in favour of Sun Life Assurance Company of Canada.
• 1. Instrument No. DR1453967 registered March 4, 2016 is a Charge in the principal of \$500,000,000 in favour of Sun Life Assurance Company of Canada; as postponed to Bank of Montreal by a Postponement of Interest registered May 29, 2017 as Instrument No. DR1598418.

PIN 26334-0699(LT): 1801 Valley Farm Road, Pickering, ON

• 1. Instrument No. DR181040 registered June 18, 2003 is a Notice if Subdivision Agreement; as amended by a Notice of Amending Agreement registered May 4, 2006 as Instrument No. DR4967046.
• 1. Instrument No. DR240139 registered December 23, 2003 is a Condominium Declaration.
• 1. Instrument No. DR429032 registered September 19, 2005 is a Notice of Airport Zoning Regulations.
• 1. Instrument No. DR497327 registered October 10, 2007 is a Notice if Site Plan Agreement; as amended by a Notice of Amending Site Plan Agreement registered October 10, 2007 as Instrument No. DR653196.
• 1. Instrument No. DR991807 registered May 18, 2011 is a Charge in the principal of \$15,929,825 in favour of Sun Life Assurance Company of Canada.
• 1. Instrument No. DR991808 registered May 18, 2011 is a Notice of General Assignment of Rents in favour of Sun Life Assurance Company of Canada.
• 1. Instrument No. DR1453967 registered March 4, 2016 is a Charge in the principal of \$500,000,000 in favour of Sun Life Assurance Company of Canada; as postponed to Bank of Montreal by a Postponement of Interest registered May 29, 2017 as Instrument No. DR1598418.

PIN 75175-0631(LT): 1750 Division Road, North, Kingsville, ON

• 1. Instrument No. LT387783 registered on January 3, 2003 is a Notice of Site Plan Agreement with The Corporation of the Town of Kingsville.
• 1. Instrument No. CE139725 registered on April 11, 2005 is a Charge in the principal sum of \$12,520,675 in favour of CIBC Mortgages Inc.
• 1. Instrument No. CE139727 registered on April 11, 2005 is a Notice of General Assignment of Rents in favour of CIBC Mortgages Inc.

PIN 66131-0135(LT): 3 Fifth Street West, Morrisburg, ON

• 1. Instrument No. DR51296Z registered July 31, 1985 is a Restrictive Covenant.
• 1. Instrument No. DR81257 registered June 8, 1994 is a Charge in the principal sum of \$2,237,700 in favour of Canada Life Mortgage Services Ltd.; as amended by an agreement amending charge registered April 18, 1995 as Instrument No. DR83622; as assigned to The Maritime Life Assurance Company by a Transfer/Assignment of Mortgage registered September 13, 1999 as Instrument No. DR96214; as further amended by a Mortgage Amending Agreement registered September 13, 1999 as Instrument No. DR96216; as further amended by a Mortgage Amending Agreement registered December 4, 2003 as Instrument No. DR109371; as further assigned to The Manufacturers Life Insurance Company of Canada by a Transfer of Charge registered June 22, 2005 as Instrument No. DR114744; as further assigned to First National Financial GP Corporation by a Transfer of Charge registered July 2, 2009 as Instrument No. DU693; as further amended by a Notice of Charge Amending Agreement registered July 2, 2009 as Instrument No. DU695; as further assigned to Computershare Trust Company of Canada by a Transfer of Charge registered November 6, 2013 is Instrument No. DU14782.
• 1. Instrument No. DR81258 registered June 8, 1994 is a General Assignments of Rents in favour of Canada Life Mortgage Services Ltd.; as assigned to The Maritime Life Assurance Company by an Assignment of Assignment of Rents registered September 13, 1999 as Instrument No. DR96215; as further assigned to The Manufacturers Life Insurance Company by an Assignment of General Assignment of Rents registered June 22, 2005 as Instrument No. DR114745; as further assigned to First National Financial GP Corporation by a Notice of General Assignment of Rents registered July 2, 2009 as Instrument No. DR694; as further assigned to Computershare Trust Company of Canada by a Notice of General Assignments of Rents registered November 6, 2013 is Instrument No. DU14783.
• 1. Instrument No. DR127419 registered January 16, 2009 is a Charge in the principal sum of \$5,296,431 in favour of First National Financial GP Corporation; as assigned to Computershare Trust Company of Canada by a Transfer of Charge registered December 6, 2011 as Instrument No. DU8918; as amended by a Notice of Charge Amending Agreement registered December 6, 2011 as Instrument No. DU8920.
• 1. Instrument No. DR127420 registered January 16, 2009 is a Notice of Assignment of Rents in favour of First National Financial GP Corporation; as assigned to Computershare Trust Company of Canada by a Notice of General Assignment of Rents registered December 6, 2011 as Instrument No. DU8919.
• 1. Instrument No. DU21200 registered March 7, 2016 is a Charge in the principal sum of \$500,000,000 in favour of Computershare Trust Company of Canada.

PIN 04221-0324(LT): 420 MacKay Street, Ottawa, ON

• 1. Instrument No. CR532224Z registered October 2, 1967 is a Restrictive Covenant.
• 1. Instrument No. LT755864 registered January 30, 1992 is a Notice of Site Plan Agreement with The Regional Municipality of Ottawa-Carleton.
• 1. Instrument No. LT780070 registered July 9, 1992 is a Notice of Site Plan Control Agreement with The Corporation of the City of Ottawa; as amended by a Notice of Site Plan Control Amending Agreement registered February 1, 1995 as Instrument No. LT924801; as further amended by a Notice of Amending Site Plan Control Agreement registered September 9, 1997 as Instrument No. LT1072869.
• 1. Instrument No. LT780071 registered July 9, 1992 is a Notice of Demolition Control Agreement with The Corporation of the City of Ottawa.
• 1. Instrument No. LT1073293 registered September 11, 1997 is a Notice of Maintenance & Liability Agreement with The Regional Municipality of Ottawa-Carleton and the Corporation of the City of Ottawa.
• 1. Instrument No. LT1219294 registered August 11, 1999 is a Notice of Lease in favour of Clearnet PCS Inc.
• 1. Instrument No. OC1529338 registered October 17, 2013 is a Charge in the principal sum of \$10,278,250 in favour of MCAP Financial Corporation.
• 1. Instrument No. OC1529339 registered October 17, 2013 is a Notice of General Assignment of Rent in favour of MCAP Financial Corporation.
• 1. Instrument No. OC1620493 registered September 18, 2014 is a Notice of Interest in the principal sum of \$178,553 in favour of Marybelle Mitchell
• 1. Instrument No. OC1769904 registered March 7, 2016 is a Charge in the principal sum of \$500,000,000 in n favour of MCAP Financial Corporation.
• 1. Instrument No. OC1864159 registered January 30, 2017 is a Notice of Lease in favour of TM Mobile Inc.

PIN 04221-0337(LT): 420 MacKay Street, Ottawa, ON

• 1. Instrument No. OC1529338 registered October 17, 2013 is a Charge in the principal sum of \$10,278,250 in favour of MCAP Financial Corporation.
• 1. Instrument No. OC1529339 registered October 17, 2013 is a Notice of General Assignment of Rent in favour of MCAP Financial Corporation.
• 1. Instrument No. OC1620493 registered September 18, 2014 is a Notice of Interest in the principal sum of \$178,553 in favour of Marybelle Mitchell
• 1. Instrument No. OC1769904 registered March 7, 2016 is a Charge in the principal sum of \$500,000,000 in n favour of MCAP Financial Corporation.

PIN 13462-0166(LT): 29 Mississauga Road North, Mississauga, ON

• 1. Instrument No. PR2319045 registered January 10, 2013 is a Charge in the principal sum of \$8,272,150 in favour of Desjardins Financial Security Life Assurance Company.
• 1. Instrument No. PR2319051 registered January 10, 2013 is a Notice of General Assignment of Rents in favour of Desjardins Financial Security Life Assurance Company.

• Instrument No. PR2878128 registered March 4, 2016 is a Charge in the principal sum of \$500, 000, 000 in favour of Desjardins Financial Security Life Assurance Company.

PIN 13462-0168(LT): 29 Mississauga Road North, Mississauga, ON

• 1. Instrument No. LT1919004 registered March 5, 1999 is a By-Law (No. 38-99) to designate the property as being of architectural value, as repealed by By-Law (No. 0389-1999) registered October 20, 1999 as Instrument No. LT2003302.
• 1. Instrument No. PR415225 registered April 3, 2003 is a Transfer Easement in favour of Rogers Cable Inc.
• 1. Instrument No. PR2319045 registered January 10, 2013 is a Charge in the principal sum of \$8,272,150 in favour of Desjardins Financial Security Life Assurance Company.
• 1. Instrument No. PR2319051 registered January 10, 2013 is a Notice of General Assignment of Rents in favour of Desjardins Financial Security Life Assurance Company.
• 1. Instrument No. PR2878128 registered March 4, 2016 is a Charge in the principal sum of \$500, 000, 000 in favour of Desjardins Financial Security Life Assurance Company.

PIN 13226-0003(LT): 6515 Glen Erin Drive, Mississauga, ON

• 1. Instrument No. LT73106 registered April 9, 1976 is a Notice of Lot Drainage and Occupancy Agreement with The Corporation of the City of Mississauga.
• 1. Instrument No. LT77350 registered May 25, 1976 is a Notice of Sight Triangle Agreement with The Corporation of the City of Mississauga.
• 1. Instrument No. LT191434 registered October 4, 1978 is a Notice of Row Type Multiple Dwelling Agreement with Mississauga Hydro-Electric Commission.
• 1. Instrument No. LT192110 registered October 12, 1978 is a Notice of Licence Agreement with Mississauga Hydro-Electric Commission and Bell Canada.
• 1. Instrument No. LT257619 registered February 21, 1979 is a Notice of Decision of the Committee of Adjustment with respect to the required parking spaces.
• 1. Instrument No. LT248490 registered December 13, 1979 is a Notice of Decision of the Committee of Adjustment with respect to the number of apartments.
• 1. Instrument No. LT2038132 registered January 24, 2000 is a Transfer Easement in favour of Rogers Cablesystems Limited.
• 1. Instrument No. LT2057426 registered March 27, 2000 is a Notice of Pearson Airport Zoning Regulation.

• 206581/482306 MT DOCS 19783914 9. Instrument No. PR224447 registered April 2, 2002 is a Charge in the principal sum of \$25,600,100 in favour of The Equitable Trust Company; as amended by a Notice of Agreement Amending Charge registered February 5, 2007 as Instrument No. PR1208251; as assigned to Computershare Trust Company of Canada by a Transfer of Charge registered May 3, 2012 as Instrument No. PR2188793.

• 1. Instrument No. PR224470 registered April 2, 2002 is a Notice of General Assignment of Rents in favour of The Equitable Trust Company; as assigned to Computershare Trust Company of Canada by a Notice of General Assignment of Rents registered May 3, 2012 as Instrument No. PR2188797.
• 1. Instrument No. PR2626035 registered November 3, 2014 is a Charge in the principal sum of \$7,014,301 in favour of First National Financial GP Corporation.
• 1. Instrument No. PR2626036 registered November 3, 2014 is a Notice of General Assignment of Rents in favour of First National Financial GP Corporation.
• 1. Instrument No. PR288650 registered March 7, 2016 is a Charge in the principal sum of \$500,000,000 in favour of First National Financial GP Corporation.

PIN 03641-3140(LT): 200 John West Way, Aurora, ON

• 1. Instrument No. YR1060117 registered September 26, 2007 is a Notice of Site Plan Agreement with The Corporation of the town of Aurora.
• 1. Instrument No. YR1340561 registered July 8, 2009 is a Transfer Easement in favour of Rogers Cable Communications Inc.
• 1. Instrument No. YR1698569 registered August 19, 2011 is a Charge in the principal sum of \$25,000,000 in favour CIBC Mortgages Inc.; as amended by a Notice of Agreement to Amend Charge registered November 9, 2015 as Instrument No. PR2386948.
• 1. Instrument No. YR1698570 registered August 19, 2011 is a Notice of General Assignment of Rent in favour of CIBC Mortgages Inc.
• 1. Instrument No. YR2427190 registered February 5, 2016 is a Charge in the principal sum of \$15,000,000 in favour of Canadian Imperial Bank of Commerce.
• 1. Instrument No. YR2427191 registered February 5, 2016 is a Notice of General Assignment of Rent in favour of Canadian Imperial Bank of Commerce.

PIN 73595-0458(LT): 1645 Paris Street, Sudbury, ON

• 1. Subject to: Instrument No. LT73110 registered February 8, 1949 is a Transfer of a Mutual Right-of Way.
• 1. Instrument No. LT25019 registered October 2, 1926 is a Transfer Easement in favour of INCO Limited.
• 1. Instrument No. LT792059 registered September 7, 1994 is a Notice of Subdivision Agreement.
• 1. Instrument No. LT946848 registered March 17, 2003 is a Notice of Site Plan Control Agreement.
• 1. Instrument No. SD73640 registered March 8, 2007 is a Charge in favour of Industrial Alliance Insurance and Financial Services Inc. in the principal of \$9,867,400.
• 1. Instrument No. SD73641 registered March 8, 2007 is a Notice of General Assignment of Rents in favour of Industrial Alliance Insurance and Financial Services Inc.
• 1. Instrument No. SD311656 registered March 4, 2016 is a Charge in favour of Industrial Alliance Insurance and Financial Services Inc. in the principal of \$500,000,000; as postponed to Bank of Montreal by a Postponement of Interest registered May 30, 2017 as Instrument No. SD336619; as postponed to Bank of Montreal by a Postponement of Interest registered May 30, 2017 as Instrument No. SD349397.

PIN 57626-0007(LT): 1022 Pembroke Street East, Pembroke, ON

• 1. Instrument No. R267566E registered July 29, 1986 is a Transfer Easement in favour of The Corporation of the City of Pembroke.
• 1. Instrument No. R270216 registered October 6, 1986 is a Transfer Easement in favour of The Corporation of the City of Pembroke.
• 1. Subject to: Instrument No. R371367 registered March 30, 1994 is an Easement in favour of The Corporation of the City of Pembroke.
• 1. Instrument No. R375646 registered July 12, 1994 is an Site Plan Agreement in favour of the Corporation of the City of Pembroke.
• 1. Instrument No. RE94365 registered September 19, 2008 is a Charge in favour of Industrial Alliance Insurance and Financial Services Inc. in the principal amount of \$1,243,500.
• 1. Instrument No. RE94366 registered September 19, 2008 is a Notice of General Assignment of Rent in favour of Industrial Alliance Insurance and Financial Services Inc.
• 1. Instrument No. RE203659 registered March 4, 2016 is a Charge in favour of Industrial Alliance Insurance and Financial Services Inc. in the principal amount of \$500,000,000; as postponed to Bank of Montreal by a Postponement of Interest registered December 18, 2017 as Instrument No. RE227767.

PIN 22700-0102(LT): 71 Bankside Drive, Kitchener, ON

• 1. Instrument No. 1029499 registered February 27, 1990 being a Subdivision Agreement between 781083 Ontario Limited, as developer and The Regional Municipality of Waterloo.
• 1. Instrument No. 1544458 registered June 24, 2002 being a Charge granted by Hallman Eldercare (Kitchener) Inc. in the principal sum of \$4,340,000 in favour of The Maritime Life Assurance Company.
• 1. Instrument No. 1544459 registered June 24, 2002 being a General Assignment of Rents granted by Hallman Eldercare (Kitchener) Inc. in favour of The Maritime Life Assurance Company.
• 1. Instrument No. WR119707 registered April 27, 2005 being a Transfer of Charge from Old Maritime Corporation to The Manufacturers Life Insurance Company (to evidence the change of name of the Chargee, Old Maritime Corporation)
• 1. Instrument No. WR119752 registered April 27, 2005 being a Notice of Assignment of Assignment of Rents from Old Maritime Corporation to The Manufacturers Life Insurance Company (to evidence the change of name of the Assignee, Old Maritime Corporation).
• 1. Instrument No. WR318642 registered August 13, 2007 being a Notice of Agreement Amending Charge between Kitchener Retirement Home Inc. and The Manufacturers Life Insurance Company.
• 1. Instrument No. WR325883 registered September 6, 2007 being a Notice of Agreement Amending Charge between Kitchener Retirement Home Inc. and The Manufacturers Life Insurance Company.
• 1. Instrument No. WR987897 registered October 14, 2016 being a Development Agreement.

PIN 17485-1032(LT): 255 Governor's Road, Dundas, ON

• 1. Instrument No. HL109987 registered November 23, 1959 is a By-Law No. 1884 designating an area of subdivision control.
• 1. Instrument No. CD46950 registered April 29, 1977 is a Transfer Easement in favour of The Regional Municipality of Hamilton-Wentwoth; as partially released by Instrument No. LT456210.
• 1. Instrument No. LT415007 registered August 1, 1996 is a Charge in favour of Canada Life Mortgage Services Ltd. in the principal of \$3,437,370; as amended by a Notice of Charge Amending Agreement registered September 12, 1997 as Instrument No. LT469667; as further amended by a Notice of Charge Amending Agreement registered June 16, 1998 as Instrument No. LT506152; as assigned to ICI Mortgage Managers Inc. by a Transfer of Charge registered March 7, 2002 as Instrument No. WE83013; as further amended by a Notice of Charge Amending Agreement registered March 8, 2005 as Instrument No. WE83058; as further assigned to The Maritime Life Assurance Company by a Transfer of Charge registered April 30, 2002 as Instrument No. WE91501; as further amended by a Notice of Charge Amending Agreement registered April 30, 2002 as Instrument No. WE91586; as further assigned to The Manufacturers Life Insurance Company by a Transfer of Charge registered June 17, 2005 as Instrument No. WE316456; as further amended by a Notice of Charge Amending Agreement registered May 30, 2007 as Instrument No. WE470506.
• 1. Instrument No. LT415008 registered August 1, 1996 is a Notice of General Assignment of Rents in favour of Canada Life Mortgage Services Ltd.; as assigned to ICI Mortgage Managers Inc. by a Notice of Assignment of Rents registered March 7, 2002 as Instrument No. WE83016; as further assigned to The Maritime Life Assurance Company by a Notice of Assignment of Rents registered April 30, 2002 as Instrument No. WE91502; as further assigned to The Manufacturers Life Insurance Company by a Notice of Assignment of Rents registered June 17, 2005 as Instrument No. WE316468.
• 1. Instrument No. LT419302 registered September 9, 1996 is a Notice of Site Plan Agreement.
• 1. Instrument No. WE470507 registered May 30, 2007 is a Charge in favour of The Manufacturers Life Insurance Company in the principal sum of \$2,894,230.
• 1. Instrument No. WE470508 registered May 30, 2007 is a Notice of General Assignment of

Rents in favour of The Manufacturers Life Insurance Company.

1. Subject to: Instrument No. AB13612 registered May 24, 1966 is a Grant of Easement in favour of The Corporation of the Town of Dundas.

PIN 22417-0032(LT): 100 Caroline Street South, Waterloo, ON

• 1. Subject to: Instrument No. 1231242 registered September 21, 1994 being a Transfer from Labatt Brewing Company Limited to Edward R. Good Funeral Home Limited reserving an easement.
• 1. Instrument No. 1356628 registered October 9, 1997 being a Development Agreement between 3163067 Canada Limited, as developer, and The Regional Municipality of Waterloo.
• 1. Instrument No. Z1359590 registered October 31, 1997 being a Restrictive Covenant with respect to the use of the Lands. Expires: October 31, 2017.
• 1. Instrument No. 1538451 registered May 15, 2002 being a Certificate of Prohibition with respect to soil contamination on the property.
• 1. Instrument No. 1544469 registered June 24, 2002 being a Charge granted by Hallman Eldercare (Waterloo) Inc. in the principal sum of \$8,687,150 in favour of The Maritime Life Assurance Company.
• 1. Instrument No. 1544470 registered June 24, 2002 being a General Assignment of Rents granted by Hallman Eldercare (Waterloo) Inc. in favour of The Maritime Life Assurance Company.
• 1. Instrument No. WR118072 registered April 19, 2005 being a Transfer of Charge from Old Maritime Corporation to The Manufacturers Life Insurance Company (to evidence the change of name of the Assignee, Old Maritime Corporation).
• 1. Instrument No. WR118083 registered April 19, 2005 being a Notice of Assignment of Assignment of Rents from Old Maritime Corporation to The Manufacturers Life Insurance Company (to evidence the change of name of the Assignee, Old Maritime Corporation).
• 1. Instrument No. WR318644 registered August 13, 2007 being a Notice of Agreement Amending Charge between Waterloo Retirement Home Inc. and he Manufacturers Life Insurance Company.
• 1. Instrument No. WR325885 registered September 6, 2007 being a Notice of Agreement Amending Charge between Waterloo Retirement Home Inc. and The Manufacturers Life Insurance Company.

QUEBEC:

Lots 3 012 370, 3 012 377 and 5 462 997 of the Cadastre of Quebec, Registration Division of Champlain: 20 Duplessis Street, Trois Rivières, QC

206581/482306 MT DOCS 19783914 1. Deed of Hypothec registered at the Land Registry Office for the Registration Division of Champlain under number 11 940 494 in the principal amount of \$13,411,050 in favour of Desjardins Financial Security Life Assurance Company; as amended by a deed of extension of term and re-hypothecation registered at the said Registry Office under number 20 826 468.

• 1. Deed of Hypothec registered at the said Registry Office under number 22 160 611 in the principal amount of \$500,000,000 in favour of Desjardins Financial Security Life Assurance Company and cession of rank registered at the said Registry Office under number 23 605 812.
• 1. Servitudes for public utilities registered at the said Registry Office under numbers 38 808, 53 105, 63 529, 85 349 and 70 889.
• 1. Servitude of passage registered at the said Registry Office under number 20 526 797.
• 1. Deed of hypothec registered at the said Registry Office under number 23 099 388 in the principal amount of \$200,000,000 in favour of the Bank of Montréal.
• 1. Deed of hypothec registered at the said Registry Office under number 23 510 729 in the principal amount of \$375,000,000 in favour of the Bank of Montréal.
• 1. Servitude registered at the said Registry Office under number 24 453 321.

Lot 3 422 443 of the Cadastre of Québec, Registration Division of Saint-Jean : 1050 Stefoni Street, Saint-Jean-sur-Richelieu, QC

• 1. Deed of Hypothec registered at the Land Registry Office for the Registration Division of St-Jean under number 266 831 in the principal amount of \$10,528,230 in favour of La Mutuelle du Canada, compagnie d'assurance sur la vie; as assigned by deeds of assignment registered at the said Registry Office under numbers 312 359 and 20 733 298 in favour of Computershare Trust Company of Canada.
• 1. Deed of Hypothec registered at the said Registry Office under number 10 535 688 in the principal amount of \$3,150,000 in favour of Banque de Montréal; as assigned by deed of assignment registered at the said Registry Office under number 20 733 298 in favour of Computershare Trust Company of Canada.
• 1. Deed of Hypothec registered at the said Registry Office under number 11 030 552 in the principal amount of \$3,493,000 in favour of Banque de Montréal; as assigned by deed of assignment registered at the said Registry Office under number 20 733 298 in favour of Computershare Trust Company of Canada.
• 1. Deed of Hypothec registered at the said Registry Office under number 11 030 554 in the principal amount of \$3,493,000 in favour of Banque de Montréal; as assigned by deed of assignment registered at the said Registry Office under number 20 733 298 in favour of Computershare Trust Company of Canada.
• 1. Deed of Hypothec registered at the said Registry Office under number 13 644 572 in the principal amount of \$8,964,800 in favour of Banque de Montréal; as assigned by deed of assignment registered at the said Registry Office under number 20 733 298 in favour of Computershare Trust Company of Canada.
• 1. Deed of Hypothec registered at the said Registry Office under number 13 652 194 in the principal amount of \$2,736,950 in favour of Banque de Montréal; as assigned by deed of assignment registered at the said Registry Office under number 20 733 298 in favour of Computershare Trust Company of Canada.
• 1. Deed of Acknowledgment of Indebtedness, amendments and hypothecs registered at the said Registry Office under number 20 725 029 in the principal amount of \$9,918,975.38 in favour of Computershare Trust Company of Canada.
• 1. Deed of Acknowledgment of Indebtedness, amendments and hypothecs registered at the said Registry Office under number 20 727 197 in the principal amount of \$7,877,439.68 in favour of Computershare Trust Company of Canada.
• 1. Deed of Hypothec registered at the said Registry Office under number 22 160 718 in the principal amount of \$500,000,000 in favour of Computershare Trust Company of Canada.
• 1. Deed of Hypothec registered at the said Registry Office under number 23 510 720 in the principal amount of \$375,000,000 in favour of Bank of Montréal and assignment of rank by deed registered at the said Registry Office under number 24 979 926.

Servitude for public utilities registered under number 247 263.

Lot 5 491 517 of the Cadastre of Quebec, Registration Division of Gatineau: 161 rue Principale, Gatineau, Quebec

• 1. Deed of Hypothecary Loan registered at the Land Registry Office for the Registration Division of Gatineau under number 378 858 providing for 2 loans in the original respective principal amounts of \$6,615,450 and \$5,586,550 between Laurentian Bank of Canada and Le Monastère D'Aylmer on September 30, 1999, as assumed pursuant to the deeds registered at the said Registry Office under numbers 11 439 558 and 11 460 614 and by Agreement to Assume Hypothecary Loan and Limitation entered into under private signature in July 2004, as further assumed pursuant to the deed registered at the said Registry Office under number 15 713 073, First National Financial GP Corporation having been subrogated in the rights of Laurentian Bank of Canada thereunder pursuant to the deed registered at the said Registry Office under number 15 285 545 and Desjardins Financial Security Life Assurance Company having been further subrogated in the rights of First National Financial GP Corporation thereunder pursuant to the contract of loan and hypothecary subrogation registered at the said Registry Office under number 20 445 362.
• 1. Deed of hypothecary security registered at the said Registry Office under number 12 434 317 and at the Register of Personal and Movable Real Rights ("RPMRR") under number 05-0361113-0001 providing for a hypothec in favour of Laurentian Bank of Canada, as assumed pursuant to the deed registered at the said Registry Office under number 15 713 073, First National Financial GP Corporation having been subrogated in the rights of Laurentian Bank of Canada thereunder pursuant to the deed registered at the said Registry Office under number 15 285 559 and Desjardins Financial Security Life Assurance Company having been further subrogated in the rights of First National Financial GP Corporation thereunder pursuant to the contract of loan and hypothecary subrogation registered at the said Registry Office under number 20 445 362.
• 1. Contract of Loan and Hypothecary Subrogation registered at the said Registry Office under

number 20 445 362 providing for a loan in the principal amount of \$18,499,148.12 between Desjardins Financial Security Life Assurance Company and Chartwell Québec (MEL) Holdings Inc. on December 3, 2013.

• 1. Deed of Hypothec registered at the said Registry Office under number 22 160 564 in favour of Desjardins Financial Security Life Assurance Company providing for a hypothec in the principal amount of \$500,000,000 with interest at the rate of 25% per annum affecting, inter alia, the property above-described.
• 1. Deed of Hypothec registered at the said Registry Office under number 24 927 404 in the principal amount of \$375,000,000 in favour of Bank of Montréal and assignment of rank by deed registered at the said Registry Office under number 24 947 272.
• 1. Public utility servitude in favour of Hydro-Québec registered at said Registry Office under number 211 689.
• 1. Servitude in favour of the Ville d'Aylmer registered at the said Registry office under number 403 487.
• 1. Right of passage pursuant to the deed registered at the said Registry Office under number 15 341 261.
• 1. Notices of lease registered at the said Registry Office under numbers 387 772, 22 160 394 and 22 220 595.

Lots 3 460 774 to 3 460 992 of the Cadastre of Québec, Registration Division of Shawinigan: 695, 7 de la Pointe Street, Shawinigan, QC

• 1. Deed of Hypothec registered at the Land Registry Office for the Registration Division Shawinigan under number 12 896 720 in the principal amount of \$9,765,979.47 in favour of Industrial Alliance Insurance and Financial Services Inc.; as assigned by deeds of assignment registered at the said Registry Office under numbers 20 724 312 and 20 745 474 in favour of Computershare Trust Company of Canada.
• 1. Deed of Acknowledgement of Indebtedness, Amendments and Hypothec registered at the said Registry Office under number 20 727 387 in the principal amount of \$8,725,450 in favour of Computershare Trust Company of Canada.
• 1. Deed of Hypothec registered at the said Registry Office under number 22 160 711 in the principal amount of \$500,000,000 in favour of Computershare Trust Company of Canada.
• 1. Deed of Hypothec registered at the said Registry Office under number 23 567 526 in the principal amount of \$375,000,000 in favour of Bank of Montréal and assignment of rank by deed registered at the said Registry Office under number 24 979 167.
• 1. Servitudes in favour of Shawinigan Water & Power Compagnie pursuant to deeds registered at the Land Registered under numbers 89 928, 16 615, 125 076, 217 390, 157 556, 102 948, 124 129 and 180 134.
• 1. Servitudes in favour of Hydro Québec pursuant to deeds registered at the Land Register under numbers 93 116, 93 774 and 143 651.
• 1. Servitude of view and tolerance pursuant to a deeds registered at the Land Register under numbers 152 083 and 192 065.
• 1. Lease and notices of renewal registered at the Land Register under numbers 172 512, 194 092, 200 588, 226 326, 227 395, 14 373 783 and 17 095 635,