CERTIFICATE OF ENCUMBRANCES

I the undersigned hereby acknowledge and certify that:

I, of the Town of in the Province of Alberta:

am the registered Lessee of:

Hereinafter described as the lands and premises.

That the said lands and premises are not subject in any way to any encumbrances, rights, claims or demands whatsoever including and not so as to restrict the generality of the foregoing any easements, assignments, agreements, liens, hypothecations, mortgages, leases or trusts except as hereinafter set out:

Mortgage to dated , .

THERE ARE NO UNREGISTERED ENCUMBRANCES

DATED at the Town of , in the Province of Alberta, this day of , 20 .

SIGNED IN THE presence of )

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_____________________________ ) _______________________________________

Notary Public/Commissioner of Oaths

In and for the Province of Alberta

My Commission Expires: _______________________________

Form 54110 (10/04)

54110 Form - Certificate of Encumbrances - Leased Land - National Parks (Banff, Jasper and Waterton)

e12504

2004-10-09

Alberta Treasury Branches