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ago 2757 ?act 121 <br /> Shy Conservation Easement <br /> 14. NOTICES. Any notices required by this Conservation Easement shall be in <br /> writing and shall be personally delivered or sent by first class mail,to Grantors and Grantee, <br /> respectively, at the following addresses, unless a party has been notified by the other of a change <br /> of address. <br /> To the Grantors: To the Grantee: <br /> Carl M. and Eve Carol Shy Orange County Environment and <br /> 6626 Bradshaw Quarry Road Resource Conservation Department <br /> Efland,NC 27243 Orange County,North Carolina <br /> P.O.Box 8181 <br /> Hillsborough,NC 27278 <br /> 15. ENVIRONMENTAL CONDITION. The Grantors warrant that it has no actual <br /> knowledge of a release or threatened release of hazardous substances or wastes on the Easement <br /> Area. <br /> 16. SEVERABILITY. If any provision of this Conservation Easement is found to be <br /> invalid,the remaining provisions shall not be altered thereby. <br /> 17. PARTIES. Every provision of this Conservation Easement that applies to the <br /> Grantors or Grantee shall also apply to their respective heirs, executors,administrators, assigns, <br /> and all other successors as their interest may appear. This Conservation Easement shall not be <br /> construed to benefit or to create any rights in any third parties,including but not limited to the <br /> general public. <br /> 18. RE-RECORDING. In order to ensure the perpetual enforceability of the <br /> Conservation Easement,the Grantee is authorized to re-record this instrument or any other <br /> appropriate notice or instrument. Grantee agrees to notify the Grantors of any such re-recording, <br /> provided,however, Grantee's failure to so notify Grantors shall not affect the re-recording. <br /> 19. MERGER. The parties agree that the terms of this Conservation Easement shall <br /> survive any merger of the fee and easement interest in the Easement Area. <br /> 20. SUBSEQUENT LIENS ON EASEMENT AREA. No provisions of this <br /> Conservation Easement should be construed as impairing the ability of Grantors to use the <br /> Easement Area as collateral for subsequent borrowing,provided that any mortgage or lien arising <br /> from such a borrowing is made subordinate to this Conservation Easement. <br /> Page 12 of 16 <br />