In the Township of Oro-Medonte, in the County of Simcoe, being comprised of: FIRSTLY: Part of Lots 2 and 3 in Concession 4, in the Geographic Township of Oro, designated as PARTS 5, 6, 7, 8, 9 a nd 10 on Reference Plan 51R-26764, and SECONDLY Part of Lot 2 in Concession 4, in the Geographic Township of Oro, designated as PARTS 11, 12, 13 and 14 on Reference Plan 51R-26764, and THIRDLY Part of Lot 2 in Concession 4, in the Geographic Township of Oro, designated as PARTS 1, 2, 3, 4, 15, 16 and 17 on Reference Plan 51R-26764 FRISTLY, SECONDLY and THIRDLY collectively being all of P.I.N. 74053-0270(LT), hereinafter referred to as the Condominium Lands. SUBJECT TO an easement in favour of the owner(s), their successors and assigns of the Horseshoe Resort Corporation over and upon part of the Condominium Lands, designated as Parts 1 and 2 on Reference Plan 5 1R-26974 as more particularly described in Instrument LT305553. SUBJECT TO an easement in favour of the owner(s), their successors and assigns of the Horseshoe Valley Resort Ltd. over and upon part of the Condominium Lands, designated as Parts 5 and 6 on Reference Plan 51R-28904 as more particularly described in Instrument LT402475