S Warranty Deed of Conservation Easement Eno Confluence Property

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2.1 Subdivision and Conveyance. The Basement Area consists of one single tract of land. The Easement Area may not be further divided, subdivided or partitioned to establish additional parcels. Any future conveyance of the fee simple interest in the Easement Area shall be subject to this Conservation Easement. Grantor agrees for itself, its successors and assigns, that in the event it transfers the Easement Area, such transfer is subject to Grantee's right of ingress, egress, and regress over and across the Easement Area for the purposes set forth herein. 2.2 Construction. The Grantor's rights to construct or reconstruct buildings and other improvements are described in subparagraphs (a) through (d) below. Any construction or reconstruction not permitted below is prohibited. Before undertaking any construction or reconstruction that requires advance permission, Grantor shall notify Grantee and obtain written permission. All construction or reconstruction is subject to Orange County zoning regulations and must be consistent with permits required by and issued by Orange County under its laws and ordinances for such construction activities. (a) Fences -Existing fences maybe repaired and replaced, and new fences may be built on the Property to identify property boundaries and for agricultural, grazing, and horticultural uses as authorized in Section 2.4 of this Conservation Easement without any further permission of Grantee. (b) Existing Structures & Improvements -The remains of former residential structures and agricultural outbuildings exist in the location identified as "Building Envelope" in Exhibit B. Existing structures and improvements may be repaired, enlarged and replaced at their current locations each within the "Building Envelope" without further permission from the Grantee. (c) New Structures & Improvements -- New structures and improvements may be built without any further permission of Grantee provided they are located in the location marked as "Building Envelope" on Exhibit B. Any new buildings, structures or improvements proposed for locations outside of the "Building Envelope" shall be for educational or recreational purposes only and may be built only with the advance written permission of the Grantee. Grantee shall give such permission within a reasonable time if it determines that the proposed building, structure or improvement would not diminish or impair the Conservation Values of the Easement Area or otherwise be inconsistent with this Conservation Easement. (d) Utility Services and Septic Systems -Installation, maintenance, repair, replacement, removal and relocation of electric, gas, and water facilities, sewer lines and/or other public or private utilities, including telephone or other communication services over or under the Easement Area for the purpose of providing electrical, gas, water, sewer, or other utilities to serve Page 5 of 20