S Easement - Sykes Family Limited Partnership

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WHEREAS: II4~~Ii~~I~~~~V9~~~blllllll ( I I~ IIIII II I I III RB5227 434 2/34 Grantor is the sole owner in fee simple, of certain farm Property (the "Protected Property"), which consists of approximately 160.02 acres of land, located in Bingham Township, Orange County, North Carolina and identified as Conservation Easement Area on the plat of property titled "Conservation Easement Property Surveyed for Orange County D.E.A.P.R," prepared by Alois Callemyn, which plat is recorded at Plat Book I~, Page 1, Orange County Registry (PIN 9831-56-4044, PIN 9831-37-7890, and PIN 9831-68-1220). The Protected Property includes buildings and other improvements, which are shown on Exhibit attached hereto and incorporated herein. The Protected Property consists primarily of productive agricultural land. All of e on the Protected Property have been classified as "prime" or "statewide im a" oils by Natural Resources Conservation Service, United States Department of Agric ture i rred to as "NRCS" or "the United States"). It is the primary purpose of t Conse n Ea ment to protect the agricultural soils and agricultural viability and prod ' i of the otected Property. ~~ The Protected Property also includes outstanding w dland and ' ari~rf habitats for a variety of wildlife species of importance to the Grantor the ople of Or ge County and the people of North Carolina. Streams flow through the ecte erty fore entering Turkey Hill Creek, which flows generally southward alon e s rn b of the Protected Property to the Cane Creek Reservoir, a water s rese i or the towns of Carrboro and Chapel Hill. The entire Protected Property is thin Cane Protected Watershed. Furthermore, the Protected Property contai o sceni qualities that can be enjoyed by the general public, namely the views alo dsh uarry Road (State Road 1115) and Vernon Road (State Road 1118). It is econ pu s f this Conservation Easement to protect these natural and scenic reso The agricultural resour~ote ~roperty, and its contribution to the protection of prime farmland soils, a pu ic water s y, r~ltural and wildlife habitat, and the other conservation interests descri herein to b reserved by this Conservation Easement are collectively refened to~he ' ervati Values" of the Protected Property. The specif serva ~ Values of the Protected Property and its current use and state of improvement ~aseline Report prepared by the Grantee with the cooperation of the Granto d ac wledged by both parties to be accurate as of the date of this Conservation Ea ent. 's eport may be used by the Grantee to document any future changes ' the use o ara r of the Protected Property in order to ensure the terms and condit~ this Cons ation Easement are fulfilled. This Report, however, is not intended to preclude th of ot evidence to establish the present condition of the Protected Property if there is a contr e ver its use. The Grantor and Grantee have copies of this Report, and said report will remain on file at the o~ce of the Orange Gounty Department of Environment, Agriculture, Parks and Recreation. Page 2 of 20