Ch. de Salzbourg, Morin-Heights, QC J0R1H0, CA, Morin-Heights, Québec J0R1H0

Lake Hendrix:/n/rLand of 96825.67 square feet in a magical place dominated by nature and the panorama that stretches as far as the eye can see, a unique place where freedom takes its essence. In the Lac Hendrix project, building one's home goes far beyond clever assemblies of wood and mortar./n/rBuilding is the consecration of a dream where all the elements are brilliantly grouped together. Construction Exclusivity Clause: The Purchaser shall, within a period of 36 months following the publication of this sale (the Period ), begin the construction of a new detached residential building on the lot sold (the Immovable ). It is an essential condition of this sale that the immovable be constructed in the form of a turnkey including the construction of accessory buildings, elements of the Purchaser must, within a period of 36 months following the publication of this sale (the Period ), begin the construction of a new detached residential building on the lot sold (the immovable ). It is an essential condition of this sale that the building be constructed in the form of a turnkey structure including the construction of accessory buildings, sewage elements, wells, excavation and landscaping by the seller or a qualified general contractor chosen by the seller. EXTENSION: In the event that construction has not commenced within the Deadline, the Seller may, at its discretion, instead of exercising its remedies provided for in a) or b) below, extend the Period by as many 12-month periods as the Seller wishes; Buyer and its successors or assigns shall be bound by the same obligations during such extensions granted by Seller. The end of this extended period will be the new Deadline . If the Seller fails to inform the Buyer within the Deadline of its intention to extend the latter by 12 months in the manner mentioned above, the Period will then be presumed to be automatically extended by 12 months. The signatory parties acknowledge that the above clause is an integral part of the contract of sale and that it is also a contract stipulated for others towards the seller and the general contractor chosen by the seller, in particular LES CONSTRUCTIONS INVESCO INC who accept in advance the commitment entered into by the buyers hereunder, the latter waiving to receive a verbal or written acceptance from the seller and the general contractor chosen by the seller in particular LES CONSTRUCTIONS INVESCO INC., acknowledging that it is contractually bound to them for all the clauses of this contract. In the event that no construction has begun on the building within the Deadline; resulting from a turnkey construction contract duly entered into between the Buyer and the general contractor appointed by the Seller OR the Buyer retains, for any reason whatsoever, the services of a third party to proceed with the construction of the building, the Seller shall be entitled to:a) claim payment of a penalty of fifty thousand dollars ($50, 000), which amount will be payable by the Buyer to the Seller within 10 days of receipt of written notice to that effect. This penalty shall be considered as liquidated damages; This applies to both Buyer and its successors and assigns. INCLUSIONS -- EXCLUSIONS --