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Brooks Farm - Conservation Easement Draft #2 BOCC 11 <br />the Grantors hereby grant and convey unto Grantee a Conservation Easement, of the nature and <br />character and to the extent hereinafter set forth, in respect to the Property; <br />forth: <br />The terms, conditions and restrictions of the Conservation Easement are as hereinafter set <br />1. Grant of Conservation Easement; Extinguishment of Development Rights <br />Grantors hereby voluntarily grant and convey to the Grantee, and the Grantee hereby <br />voluntarily accepts, a perpetual Conservation Easement in the Property, which easement is an <br />immediately vested interest in real property the nature and character described herein. Grantors <br />promise that he will not perform, nor knowingly allow others to perform, any act on or affecting <br />the Property that is inconsistent with the covenants herein. Grantors authorize the Grantee to <br />enforce these covenants in the manner described below. <br />Grantors hereby voluntarily grant and convey to the Grantee all development rights for <br />the Property, except as otherwise reserved and provided by the terms of this Conservation <br />Easement, that are now or hereafter inherent in the Property. The parties agree that such <br />development rights are now terminated and extinguished, and may not be used on or transferred <br />to any other property adjacent or otherwise, nor used for the purpose of calculating permissible <br />lot yield of the Property or any other property by anyone or any entity, including the Grantee. <br />2. Statement of Purpose <br />The primary purposes of this Conservation Easement are to enable the Property to remain <br />in agricultural use by preserving and protecting its agricultural soils and agricultural viability and <br />productivity, and to protect the wetlands, riparian areas and surface waters associated with the <br />streams tributary to the Lake Ben Johnston Reservoir and Eno River from the risk of adverse <br />impacts arising from use or development of the Property contrary to the provisions of this <br />Conservation Easement. Except as specifically permitted herein, no activity that would impair <br />the actual or potential agricultural use of the Property shall be permitted. Likewise, any activity <br />that would risk causing adverse impact to any stream tributary to the Lake Ben Johnston <br />Reservoir or the Eno River is prohibited. To the extent that the preservation and protection of the <br />other natural, historic, recreational, habitat, or scenic values referenced in this Conservation <br />Easement are consistent with the primary purposes stated above, it is within the purpose of this <br />Conservation Easement to also protect those values, and no activity that would significantly <br />impair those values shall be permitted. <br />As authorized in the Uniform Conservation and Historic Preservation Act, N.C. Gen. <br />Stat. § 121 -34 et seq., this Conservation Easement is perpetual; it restricts the Grantors' Property <br />in perpetuity; and it is enforceable by Grantee against the Grantors, its representatives, heirs, <br />successors and assigns, lessees, agents, and licensees. <br />3. Rights and Responsibilities Retained by Grantors <br />Page 5 of 20 <br />