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Sykes Agricultural Consey-vation Easement Draft #3 CLEAN ~ <br />This instrument prepared by and return to: Sohn L. Roberts, office of the orange County Attorney <br />Box S 18 ~, Hillsborough, NC 27278 <br />Revenue Stamps: <br />NORTH CAROLINA <br />COUNTY of ORANGE <br />WARRANTY <br />DEED of AGRICULTURAL CONSERVATION EASEMENT <br />This Deed of Agricultural Conservation Easement thereinafter "Conservation Easement'" <br />. ~ <br />xs granted on this ~ day of , 201 ~, by SYKES FAMILY LIMITED <br />PARTNERSHIP, a North Carolina limited partnership, having an address of 5704 Vernon <br />Road, Mebane, NC 27302, preferred to as "Grantor"~, and ORANGE CQUNTY, NORTH <br />CARULINA, having an address of Post office Box 8181, Hillsborough, NC 27278 referred to <br />as "Grantee"} and the UNITED STATES of AMERICA ~"United States"} acting by and throu h <br />g <br />the Umted States Department of Agriculture, Natural Resources Conservation Service <br />thereinafter "USDA", "United States", or "NRCS"} acting an behalf of the Commodity Credit <br />Corporation as a third party benef ciary, as its interest appears herein. The Grantor and Grantee <br />are collectively referred to as "The Parties". <br />The designation Grantor and Grantee as used herein shall include said parties, their <br />respective heirs, successors and assigns, and shall include singular, plural, masculine, feminine or <br />neutral pronouns as required by context. <br />The United States is providing $24,000 toward the purchase of this Conservation <br />Easement, which amount represents fifty percent of the appraised fair market value of the ri hts <br />g <br />conveyed by this Conservation Easement ~"Easement Value"}. Grantor is donating five % of the <br />Easement Value and the remaining 45 °/a of the Easement Value is provided by the Grantee, for a <br />total cash consideration of $ 500,000. <br />Page i of 20 <br />