IN THE YEAR OF TWO THOUSAND AND SIXTEEN, on the sixteen day of September. BEFORE Mtre TYNA BEAUCHESNE, Notary at Sherbrooke, Province of Quebec.
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1 IN THE YEAR OF TWO THOUSAND AND SIXTEEN, on the sixteen day of September. BEFORE Mtre TYNA BEAUCHESNE, Notary at Sherbrooke, Province of Quebec. APPEARED YUNG CHUAN FENG, residing at 2567, West Broadway, Vancouver, British Columbia, V6K 2E9; represented by JOACHIM MAILLOUX, director, residing at 455 chemin Aline, Stukely-Sud, Quebec, J0E 2J0, under the terms of a power of attorney under private, which has been neither modified nor revoked, signed, on November 10 th, 2015, and annexed to the minute 3723 of the Notary; and MONA LEUNG, residing at 2567, West Broadway, Vancouver, British Columbia, V6K 2E9; represented by JOACHIM MAILLOUX, director, residing at 455 chemin Aline, Stukely-Sud, Quebec, J0E 2J0, under the terms of a power of attorney under private, which has been neither modified nor revoked, signed, on November 10 th, 2015, and annexed to the minute 3723 of the Notary; Hereinafter called the VENDORS ; AND JOACHIM MAILLOUX, director, residing at 455 chemin Aline, Stukely-Sud, Quebec, J0E 2J0; AND GUY MILOT, retired, residing at 455 chemin Aline, Stukely-Sud, Quebec, J0E 2J0; Hereinafter called the PURCHASERS ; WHO have agreed as follows: OBJECT OF THE CONTRACT The Vendors sell to the Purchasers the immovable described hereinbelow: DESCRIPTION ALL HIS RIGHTS, TITLES AND INTERESTS in an immovable property known and designated as being lot number FIVE MILLIONS SEVEN HUNDRED FORTY-TWO THOUSAND SEVEN HUNDRED AND TWENTY ONE ( ) of CADASTRE OF QUÉBEC, registration division of SHEFFORD. SERVITUDE The Vendors declared that the immovable is not subject to any servitude. ORIGIN OF THE RIGHT OF OWNERSHIP The Vendors are the owners of the immovable having acquired same from Joachim Mailloux and Guy Milot, under the terms of a deed of sale executed before Mtre. Tyna Beauchesne,
2 2 notary, on November 11th, 2011 and published at the Registry Office of the Registration Division of Shefford under the number WARRANTY This sale is made with legal warranty. TITLE DEEDS The Vendors undertake to deliver to the Purchasers all the title deeds in their possession as well as a recent certificate of location showing the present state of the immovable. POSSESSION The Purchasers shall be the owners of the immovable from this day, with immediate possession and occupancy. TRANSFER OF RISK Notwithstanding paragraph 2 of article 1456 of the Civil Code of Québec, the Purchasers shall assume the risks attached to the immovable, in accordance with article 950 of the Civil Code of Québec, as of the date hereof. DECLARATIONS OF THE VENDORS The Vendors make the following declarations and warrant that: 1. The immovable is free of all hypothecs, taxes, prior claims or encumbrances whatsoever, given that the hypothecary debts affecting the immovable are to be discharged out of the sale price. 2. There are no servitudes. 3. All transfer duties have been paid. 4. The immovable is subject to an option to purchase binding on them personally in favor of Joachim Mailloux and Guy Milot. 5. He has received no notice from any competent authority to the effect that the immovable does not comply with the laws and regulations in force. 6. The immovable is not situated in an agricultural zone. 7. The immovable is not a recognized or a classified cultural property and is not situated in a historic or natural district, within a classified historic site, or in a protected area, within the meaning of the Cultural Property Act. 8. The immovable does not derogate from the laws and regulations concerning the protection of the environment. 9. They are not a non-resident of Canada within the meaning of the Income Tax Act and the Taxation Act, and has no intention of changing such residence. OBLIGATIONS The Purchasers undertake to 1. Take the immovable in its present condition, declaring having seen and examined same to their satisfaction, and having verified themselves with the relevant authorities that the use they intend to make of the immovable complies with the laws and regulations in force;
3 3 2. Pay all property taxes due and to become due, including the proportion for the current year as of and from this day, and also to pay, as of and from the same date, all future instalments in capital and interest of all special taxes imposed before this day, payment of which is spread over a period of years; 3. Pay the costs and fees of this deed, its publication, and copies for all parties; SERVITUDE OF RIGHT OF WAY The Purchasers hereby charges the immovable property described in this deed of sale, designated servient land, with a real and perpetual servitude of right of way in favour of the remaining property of the Vendors, designated dominant land, allowing for movement by foot and by vehicle of any kind between the dominant land and the public road. DESCRIPTIONS: SERVIENT LAND: An immovable property known and designated as being lot number FIVE MILLIONS SEVEN HUNDRED FORTY-TWO THOUSAND SEVEN HUNDRED AND TWENTY ONE ( ) of CADASTRE OF QUÉBEC, registration division of SHEFFORD. DOMINANT LAND: An immovable property known and designated as being lot number FIVE MILLIONS SEVEN HUNDRED FORTY-TWO THOUSAND SEVEN HUNDRED AND EIGTHEEN ( ) of CADASTRE OF QUÉBEC, registration division of SHEFFORD. All construction, repair and maintenance (including snow removal) of the location of the right of way shall be carried out at the expense of the users. The right of way will end automatically with the advent of any fact or action which results in the opening up of the dominant land. ADJUSTMENTS The parties declared that they have not made any adjustments between them. PRICE purchase. This sale is made without any consideration, as agreed in the option to CIVIL STATUS AND MATRIMONIAL REGIME We declare that our civil status and matrimonial regime are as follows: YUNG CHUAN FENG declared that he is a bachelor of full age, never having been married or civilly united. married or civilly united. MONA LEUNG declared that she is a bachelor of full age, never having been JOACHIM MAILLOUX and GUY MILOT declared that they are married to, under the regime of partnership of acquests, no marriage contract having been concluded between them before or after the celebration of their marriage on July 2 nd 2005, in the Province of Quebec where they were both domiciled at the time. He also declared that this is their first marriage, that they have never been civilly united, and that neither their civil status nor matrimonial regime has changed or is in the process of being changed.
4 4 DECLARATIONS OF THE VENDOR CONCERNING THE GOODS AND SERVICES TAX (GST) AND THE QUEBEC SALES TAX (QST) IN RESPECT OF LAND 1. Exemption under s. 9, Part I, Schedule V of the E.T.A. and s. 102 A.Q.S.T. The Vendor declared that the land [or immovable] was not, immediately before the signing hereof [or immediately before the Purchaser took possession thereof], capital property of the Vendor used primarily in his business, that the sale is not being made in the course of his business, and that he has not filed or undertaken to file an election in the form prescribed in subparagraph 9(2)(b)(ii), Part I of Schedule V of the Excise Tax Act, and section 102, par. 2(b), of the Act respecting the Québec Sales Tax. Accordingly, this sale is exempt from the GST and the QST under the Excise Tax Act and the Act respecting the Québec Sales Tax. MENTIONS REQUIRED UNDER SECTION 9 OF THE ACT RESPECTING DUTIES ON TRANSFERS OF IMMOVABLES The parties make the following declarations: a. The given names, surnames and address of the principal residences of each of the transferor and transferee are as hereinabove mentioned; Stukely-Sud; b. The immovable which is the object of the present transfer is situated in c. The amount or the consideration for the transfer of the immovable is ZERO DOLLAR (0,00 $); d. The amount constituting the basis of imposition of the transfer duties is ONE THOUSAND DOLLARS (1 000,00 $); e. The amount of the transfer duties is FIVE DOLLARS (5,00 $); f. The transfer concerns only a corporeal immovable and does not concern movables referred to in section of the Act respecting duties on transfers of immovables; g. There is an exemption from payment of transfer duties in virtue of section 20 a) of the Act, the amount constituting the basis of imposition being less than FIVE THOUSAND DOLLARS (5 000,00 $). WHEREOF ACT at Sherbrooke, under the number THREE THOUSAND SEVEN HUNDRED FORTY-EIGHT (3748) of the minute of the Notary. presence of the Notary. AND AFTER DUE READING HEREOF, the Appearers signed in the MONA LEUNG By: Joachim Mailloux YUNG CHUAN FENG By : Joachim Mailloux
5 5 JOACHIM MAILLOUX GUY MILOT Mtre. Tyna BEAUCHESNE, notary True copy of the original remaining in my office.
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